Evening star., 1946-03-18
Business Briefs
Steel Mill Operations

Steel Mill Operations for the cur.
rent week were scheduled at $780,
of capacity. indicating production Of
l,566, 800 tons, a new postwar peak
american Iron g. Steel Institute
Figures for the previous week were
1854 and 1,473,400 tons; a month
ago, 1920 and $1,000; a year ago
96.99o and 1,774 800.
Building Permits in 2l5 cities to.
tailed <198, 8,698, ,543 in February VS.
S204, ,052 ,082 in the previous month
and $13, ,599,154 year ago-Dun &
Bradstreet. For months, the tota
was $402, ,750, ,625 VS.. s118, ,366,l97 s
year ago, highest mark for tn.
period since 1929.
Cotton Consumption in February
totaled 746,944 bales of lint and 81,
296 Of Rnters VS.. 811 1863 and 1924:
in the preceding month and 781,.
l49 and 120,330 in the same 1874!
month-Census Bureau.
Southern Pacific Railroad asket
ICC permission to issue $25, 900 ,00(
OF frs mortgage series G bonds te
finance retirement of like amour,
OF first mortgage 2bTo series A
bonds on June 13 at 1915. g..
Otis & Co. purchased 1000 OO(
common shares of Central States
Electric from interests associated
with Harrison Williams. One-third
of the purchased shares will 60 to
Pittston Co., Allegheny subsidiary
another to group associated with
Chairman Young of Allegheny and
the remainder to an Otis & Co.
group.
Monsanto Chemical Co. registered
with the SEC 316,967 shares of new
cumulative convertible preferred
stock to be offered common holders
at the rate of one for each four
shares held. s.
American Brake Shoe Co. stock
holders will vote April % on a pro-
posed increase in common stock
from 100000 to 1000 900 shares.
General Motors Corp. has been
granted refund of $1,993,738 for
over assessment of 1886 Federal in
come and undistributed profits
taxes.
Texas Co. earned 51,856,928 or
s46l share in 1945 VS.. $54,516,819
or $4.85 In the previous year.
Borden Co. profit for 1945 was
s12,093,972 or $285 VS.. 1887 1894 or
$235 in 1914.
Jones & Laughlin Steel Corn.
earned $8,082, ,082 or $2.9l in 1s45 VS.,
$7,966,663 or $3.l4 on fewer shares
in the previous year.
National Lead Co. profit for l945
was $6,538,508 or $1.45 VS.. $7,563. 1854
or $1.79.
Blaw-Knox Co. net for ls45 was
S3,344,288. or S2.51 in I945 VS.. 81
169,A7 or $1.63 in 1914.
Carnatton Co. earned $2,447. .480 or
1888 in 1945 VS.. $2,236,0 ,038 or 1894.
Sunray Oil Co. profit for 1945 was
S1,818,871 or 54 cents VS.. S1.543 sos
or 4s cents in 1914.
Yale & Towne Mfg. Co. earned
81 .607 ,75o or $3.50 in 1945 VS.. s1,945.-
945 or "a.
General Tire instrument, Inc.
profit for. ls45 was 81, ,148, ,353 or 50 ss
VS.. $1,030.112 or $2.42 in 1874.
youngstown Steel Door Co, earned
s976, 444 or $l.47 in 1945 VS.. s785 479
or $l.15.
Aluminium Goods Mfg. Co. net for
1945 was $976,970 or 96 cents vs.
$972, ,199 or 81 cents.
Fanny Farmer Candy Shops, Inc,
earned $811 1866 or $2.35 in l945 VS.
$809,537 or $2.32.
Parkersburg Rig e. Reel Co. net
for 1945 <was s5l2,840 or $207 VS.
s602 ,583 or $2.55.
Fuller Brush Co. earned $43l 904
in 1945 VS.. $467, ,242 in the previous
year.
Dictaphone Corp. profit for 1915
was $40l ,977 or $2.H VS.. $487 .425 or
1925.
Household Finance Corp. has pur-
shased the Peoples Industrial Bank
Of New York.