Evening star., 1945-02-19
Business Briefs

SiteI VIII operations 1Or the cur
rent week were scheduled at 96.4%
Of capacity, indicating production
OF 1,765, 700 net tons, the American
Iron & Steel Institute announced.
Figures last week were 914Go and
l,673,900 tons; a month ago, 91.2%
and 10000; a year ago, 97.7%o
and 1,750,000.
Pere Marquette Railway awarded
100000 900 of 35-year first mortgage
onos to syndicate headed by Blyth
Co. on a competitive bid of 99.71
or coupon rate of 33sTo. Proceeds
Ill be used with treasury cash to
cdeem the, roads entire first
lortgage debt.
Oklahoma Gas & Electric Co. re-
eived high bid of 100.02 for $35,-
10000 of 234eo first mortgage bonds
rom Halsey, Stuart & Co. and as
ociates. Reoffering was planned
t l01.
Louisville & Nashville Railroad
Tsked 1CC permission to issue anc
1xchange 2,340,0O0 shares of $5C
ar value capital stock for Ito, ,O0C
'hares of s100 par value.
Solar Mfg. Corp. registered with
he SEC $4,000 common shares to
1e sold by Otto Paschkes and Paul
: 1etenyi, president and vice presi-
ient.
Bluefield wv. Va Supply Co. reg
stored with the SEC 1890 shares OF
10 par value common stock to be
Old to present stockholders by
April Is.
Consolidated Vultee Aircraft Corp.
profit for IL months ended Noyem-
ser 80 was s12,424,313 or $3.50 a
share VS. S12,279, ,801 or $8.67 in the
preceding year.
Texas Gulf Sulphur Co. earned
50 9.620,172 or $3.50 a share in 1914
VS.. s7,965, ,732 or $2.07 in 1943.
Household Finance Corp. net for
1914 was $4,735, ,688 or $5.31 cs. S4.-
881, ,345 or $551 in the previous year
Iron Fireman Mfg. Co. earned
1868 1888 or s1.86 in 1914 VS.. 5000, ,849
or $3.50 in 1943.
Chicago Mail Order Co. profit for
IL months ended December % was
S641 ,244 or $1.85 VS.. $601 200 or $1.74
in the preceding year.
Interstate Bakeries Corp. earned
s4l3,680 or $5.93 on preferred stock
IN 1914 VS.. $599, 1861 or $3.50 a pre-
ferred share in 1943.
United States Envelope Co. net
Sor 1914 was $791 300 or $19.56. be-
ore renegotiation, compared with
E Ill ,208 or $20.32 in the previous
lar.
Puget Sound Power e. Light Co
rned $5,144, ,934 or $204 in 1914
!. $5,938,242 or $1.16 in 1943.
United Chemicals, Inc, declared
dividend of 30 cents share, pay
fle March Is, in common stock
Westvaco Chlorine Products
Lprp.
sCities Service Co. asked SEC per-
mission to increase its interest ir
lg subsidiaries to the extent Of
So, 2,000, 900.
Raytheon Mfg. Co. and Belmont
Radio Corp. will be merged within
go days, declared President P. S
Billings of Belmont. Combined
annual volume exceeds SOC, 900 900
Deere g. Co. sales in 1914 totalee
s17l 900 900, decline of .109o from
the previous year, declared Burtor
F. Peck, board chairman, in the an.
r1ual report.
Central e. South West Utlitie.
Co., subsidiary of Middle 'Wes1
Corp, was authorized by the SEC
to keep its major electric utility
properties on the grounds they con.
stitute single integrated system.
United Air Lines reported revenu,
passenger miles in January totalet
36.217,700, a gain of 1870 over tn,
same 1914 month. Plane miles to.
tailed 2,735. 100, rise of liz.
American Brake Shoe Co. namet
w. T. Pettus president of its Ma.
tional Bearings division. He wa
formerly executive vice president O
National Bearings Metals Corp
until recently subsidiary.