Evening star., 1946-01-28
Business Briefs
Steel Mill Operations for the

Steel Mill Operations for the cur
rent week were scheduled at 5.7To
Of capacity, indicating production of
l04,400 tons. the American Iron &,
Steel Institute announced. Figures
last week were 49qo and 8e, TOO tons :;
month ago, 80.6Go and 1916 300:
a year ago, 88.7Go and 1925 200.
Dividend Payments by private
business in 1945 totaled So, 794, ,70O,-
600, a gain of S12,500000 from the
previous year, the Commerce De-
partment reported. December divi-
dends were 1870 below the same
1914 month.
ChicagO's Apparel Market, first
since the war, opened with around
1880 retail store owners and buy
ers from every State attending.
Products of more than 5000 firms
we're displayed.
Colorado Central Power Co. reg
istered with the SEC 43,750 common
shares to be offered at competitive
bidding for the account of Crescent
Public Service, parent company
The offering includes all outstand-
ing stock of the firm.
McBee Co. registered with the
SEC $4,000 common shares, of which
10000 will be sold by the company
ana $4,000 by certain stockholders.
Douglas Aircraft Co. received. a
S50000,000 order from the Navy for
new BT2D-1 dive bombers.
Pan American World Airways re-
quested CAB authority to make
more stops in Europe in competition
With other American airlines. The
firm purchased 20qo of the capital
stock of China National Aviation
Corp. for $1,554,857.
Proctor g. Gamble Co. earned So
456,033 or S146 a share in months
ended December 81 VS.. s9,856,948 or
LAG a year ago.
Rice-Stix Dry Goods Co. profit for
IL months ended November 30 was
S1,212,441 or $3.50 VS.. s1,61O,920 or
S5.40 in the preceding fiscal period
Celotex Corp. earned s6O5,525 or
81 cents in IL months ended Octo-
Der 81 VS.. 1862 PTS or SO cents in the
previous year.
Leslie Salt Co. profit for IL months
ended October 81 was s576031 or
Sl98 VS.. 1868 ,536 or S2.41 in the pre-
ceding fiscal period.
Chicago e. North Western Railway
earned S15,083, ,955 in 1945 VS.. s16,-
l0S,06l in the previous year. Op-
Grating revenues totaled S17O 665. 800
VS.. Sl66,966,117.
Western Maryland Railway re-
ported net income for l945 was s4-
239.834 or $3.50 on first preferred
stock VS.. s4,l20,860 or S23.22 in 1874
Aetna Life Affiliated COMPANIES
reported 1945 premium income of
S254 ,147 ,274, an increase of s12.
400 from the previous year. Assets
OF Aetna Life Insurance Co. stood at
Sl,l52,901 isl on December 81. a
gain OF $112,l24,051 from a year
earlier.
Kaiser Frazer Corp. received from
3 underwriters checks totaling s34.-
4TO.OO0 as proceeds from last week s
offerlng of 100000 additional COM
mon shares.
American AirIines will start direct
plane service to Scandinavian coun-
tries February l.
Federal Telephone G. Radio Corn.
a SUBSIDIARY OF International Tele-
phone & Telegraph, has started the
production of frequency meditation
oroadcasting equipment.
rhlico Corp. is developing a new
automobile telephone that will en-
able riders to talk with their homes
or offices.
Marion Steam Shovel Co. elected
E. G. Diefenbach board Chairman
to succeed j. M. Strelitz.
Aviation Corp. appointed Carl H.
Kindl vice president in charge of
manufacturing. He was formerly
senior vice president of National
Cash Register Co.
kerd Motor Co. appointed John
E. Sattler director of public relations
for the eastern region.