Evening star. [volume] (Washington, D.C.) 1854-1972, 1946-01-29
= Business Briefs
Steel Mill Operations

Steel Mill Operations for the cur
ent week were scheduled at SO of
apacity, indicating production of
04 400 tons, the American Iron and
iteel Institute announced. Figures
asst week were 1870 and 89,700; q
month ago, 1861 and 1.476, 800; a
ear ago, 1870 and 1,625 200.
Chain Store Companies will spend
100000 on air conditioning this
ear, compared with 5,265 900 in
GAL, survey by Chain Store Age
disclosed.
United States Steel Corp. direc-
ors met at New York today to hear
arnings reports and act on divi-
ends.
Barium Steel Corp. stockholders
pprovd an increase in authorized
apital stock from 100000 to $780,
90 shares. Negotiations are under
ray for control of Republic Indus
ries, Inc, in exchange for $4,000
sarium shares.
Airline Foods Corp. registered
nth the SEC 100000 of SO sink
ng fund debentures, 100000 shares
f $40 par value 5129o cumulative
referred stock and 10000 common
hares. They will be offered publicly
It SO plus interest, $40 a share anc
s a share, respectively.
Southern Pacific Railroad asked
&C permission to issue $4,000 900 Of
rst mortgage series E bonds to help
nance retirement of go and 335 %
cries B bonds at 10314
Great Northern Railway may ex-
End gefunding plans for sos, 100000
33s % and 31a% bonds to include
55,000,000 of 31s % bonds because OF
ne mond markets strength.
Eversharp, Inc, directors approved
3-for-2 split in common stock and
allied stockholders meeting to vote
n proposed merger with Magazine
.epeatiyg Razor Co.
Carrier Corp. called it's Az % con-
ertible preferred stock for redemp-
on on March IA at $5428 a share.
Alabama Power Co., subsidiary OF
commonwealth & Southern, asked
&c permission to offer holders OF
55,876 shares of old preferred stock
ne right to exchange their shares
Or new 4.2To preferred.
Hercules Powder Co. earned S4,-
25,800 or 1886 a share in 1945 VS.
4,823,655 or 1925 in the previous
ear.
Endicott Johnson Corp. profit fol
months ended November 80 was
2,266,873 or $4.88 VS.. $2,271,113 OF
i.84 in the preceding fiscal period
Universal Pictures Co. earned 3d.
1928 or $486 in IL months ended
November VS.. $3,4l2, 70l or s5.l5 in
he previous year. Holders will vote
ebruary 18 on proposed $4,000, 00C
referred stock issue for expansion
Mathieson Alkali Works, Inc, profit
Or l945 was $1,148,632 or $119 VS.
1922, 1872 or $1.40 in 1914.
VOgt Mfg. Co. earned $208,301 OF
l.04 in 1945 VS.. Sl66.710 or 80 cent.
the previous year.
International Paper Co. announced
IS Southern kraft division will
pend S1,050,000 for expansion of it,
[obile plant.
Continental Can Co. purchased
iler Fibre Co. of Filler City, Mich.
nd will retain the same manage.
lent.
Aviation Corp. purchased a 40%
interest in Frozen Food Products
nc. Avco has an exclusive contract
Dr. production of the firms home
:eezing units.
Atlas Plywood Corp. purchased thu
plymouth Box g. Panel Co. of Ply.
iouth, N. c., for an undisclosec
mount of cash.
Pullman Standard Car Mfg. Co
sceived an order for 10000 boxcar.
'om the French government.
Springs Cotton Mills started in.
allation of another 10000 spindle.
its Lancaster (S.C) plant. Tit
EDITION will make the plant one Of
ie largest cotton cloth mills in thu
GRID.