Evening star., 1946-06-03
Business Briefs
Steel Mill Operations for the G.

Steel Mill Operations for the cur
rent week were scheduled at 55.2T
of capacity, indicating production of
972,600 tons-American Iron & Steel
Institute. Figures last week were
1856 and 76s, 400 tons; a month ago
58.7eo and 1,034, 500; a year ago,
91.1so and 1853 500.
Maryland Casuary Co. registered
with the SEC 239.940 shares of SIC
par cumulative prior preferred stock
and 479 $3.50 shares of IS par con-
vertible preferred to be offered ini-
TALLY to common holders. Proceeds
Of around s24,0O0,0 900 will be used
to help pay off an RFC loan to a
subsidiary, Maryland Holding Co
Universal Leaf Tobacco Co. de-
clared an extra of 81 and regular
quarterly of 81, both payable August
l. The extra is the first since 1912
Nehi Corp. declared dividend of
20 cents common share, payable
July l. Previous payments were
121a cents.
Ford Motor Co. assembly plants
will remain idle until the latter part
OF this month, the company an
nounced. They were closed May 8
because. OF parts and materials
shortages.
Twin Coach Co. stockholders have
approved creation of a new class of
85,7l5 shares of cumulative preferred
stock.
w. F. Hall Printing Co. earned
Sl,698,091 or $40 a share in IL
months ended March 81 VS.. s1,158.-
207 or s2.98 in the previous year.
Missouri i-Kansas-Texas Lines net
income for four months ended April
80 was s765 900 VS.. $1,791 ,851 in the
same l945 period.
GOebel Brewing Co. earned SI78.-
989 or l3 cents in the March quarter
VS.. $l24,134 or cents a year ago.
American Barge Line Co. profit
for l945 was $3.50, 500 or 80 cents VS..
s1,32s,142 or SAL in the previous
year.
National Airlines. Inc, reported a
deficit of S3l,763 for 10 months ended
April 30 VS.. profit of $83, 500 in the
same period year ago.
Jewel Tea Co. sales in four weeks
ended May l8 totaled $5,e93,751, a
gain of 29.8eo from a year ago; in
20 weeks ended the same date, s28.-
882,835, an increase of 26.1ee.
Thatcher Mfg. Co. stockholders
will vote June q on a plan to reduce
the annual dividend on 1l3.9O9
shares of convertible preferred stock
to S2.40 from $3.50 share.
North American Car Co. has pur-
chased the North Western Refrig-
orator Line Co.. which operates a
fleet of around $500 railway refrig-
orator cars
Hudson Motor Car Co. has in
creased production to $50 cars a
day, an increase of 80 over the pre-
viously announced rate.
M. A. Hanna Co. reported a year
of exploration would be necessary to
determine the value of undeveloped
Brazilian iron ore deposits on which
it has an option.
Westinghouse Electric Co. has de-
NSAOPSo a 41C" 1oW-SOSU DldI
for installment purchases of house
hold appliances and radios.
British Overseas Always Corp.
will reopen its transatlantic COM
merce service July l with two
round trips weekly between London
and New York.
Goodyear of Brazil announced
fabrication of its one millionth tire
at it's Sac Paulo factory where
operations started in 1899.
Lever Brothers Co. elected Charles
Luckman president to succeed
Francis A. Courtney who will re-
tire on July l.
Van Strum & Towne, Inc, elected
H. w. Masters vice president. Be-
fore serving in the AAF, he was
with Hemphill, Noyes g. Co. ,