Evening star., 1946-10-28
Business Briefs
Steel Mil Operations for Il

Steel Mill Operations for the cur
rent week were scheduled at 89.49e
of capacity, indicating production OF
1,575,600 tons-American Iron
Steel Institute. Figures last week
we're 90.3qo and 1881 400 tons; q
month ago, 90.29o and 1885, 700;
a year ago, 1870 and 1885 300.
Natural Rubber Consumption ir
the United States during August
jumped 2o,338 tons in August, g
gain of 28.82f5 from the preceding
n1onth.-Rubber Manufacturers AS.
sociation. Use of all types of rubber
in August rose 15.1%.
Sears Roebuck g. Co. declared ar
extra dividend of rs cents common
share and regular quarterly of 2;
cents, both payable December 10.
Phoenix Hosiery Co. declared a
dividend of SO cents a common share
payable December 16, first cash pay
ment ever made on the stock since
it was issued in 1922.
Ell Paso Electric Co. received g
high bid of 100279 for $4,000, 900 Of
"a % bonds from Halsey, Stuart &
Co. and associates. Reoffering was
planned at 1007s, or a yield o1
slightly more than 2.7%.
General Foods Corp. earned $l3,-
1898 or S2.35 a share in nine
months ended September 80 VS.. S11,-
261 800 or $2.02 year ago.
Remington Rand, Inc, profit fol
six months ended September 80 was
s5,770,5O5 or $2.74 VS.. $2,630,842 OF
s1.24 in the same 1945 period.
Household Finance Corp. earned
S4,340,767 or $1.87 in nine months
ended September 80 VS.. s3,5S9, ,204 OF
S142 year ago.
Pacific Mills profit for nine
months ended September % was
S4,648 900 or $545 VS.. 81 ,256, 900 or
S1.59 in the same 1945 period.
Detroit Steel Corp. earned $685.
379 or S1.95 in the September quar-
ter VS.. S213,49 or 50 cents year ago
H. C. Bohack Co. profit for 2t
weeks ended August 8 was 1,159, ,05;
VS.. 1884 202 in the same 1945 period
Eagle Pitcher Co. earned $1,113,.
602 or SIPS in nine months ended
August 81 VS.. $1,105,941 or $1.24 6
year ago.
Cutler Inc, profit fol
nine months ended September 81
was $971,313 or $1.47 VS.. $1,o03. IL
or $152.
Webster Tobacco Co. earned $549,.
463 or $1.34 in nine months ended
September 80 vs. 1921, ,024 or II cents
Interlake Iron Corp. profit for thu
September quarter was $3.50, ,083 o.
80 cents VS.. $80,189 or 5 cents.
Newport News Shipbuilding &
Dry Dock Co. reported cost of worl
performed in 13 weeks ended Sep
tember 80 was SIS ,243,000 VS.. $23,
021,000 a year ago.
Consolidated Grocers Corp. viii
build a $16,50,000 food PROCESSING
and distributing plant for it
Sprague Warner division at Chicago
Briggs Mfg. Co. has completed 6
S25O000 porcelain enameling unit al
Detroit to increase production o.
plumbing fixtures 500.
Minneapolis Honeywell Regulator
Co. announced its Brown Instrument
division had developed new tempera-
ture measuring equipment for alum
mum processing.
Baltimore & Ohio Railroad han.
died 67,795 cars of freight in the
week ended october 26 VS.. 69030 IL
the previous week and GIFTS veal
ago.
National Industrial Conference
Board elected Frederick j. Roster, &
councillor for a five-year term. Hi
is president of California Bsrrel Co
Alfred P. Sloan, General Motor.
chairman, was reelected a coun'
cillor.
Barium Steel Corp. appointed S. j
Jazwinski chief metallurgist. HI
Is . prominent English metallurgist