Evening star., 1946-02-11
Business Briefs
Steel Mill Operations f

Steel Mill Operations for the cur
rent week were scheduled at $50
Of capacity, indicating production of
$4,000, tons, the American Iron &,
Steel institute disclosed. Figures last
week were go and 106,200 tons; a
month ago, 1857 and 1,4Ol 200; a
year ago, 91.41o and 1878
Net Income of Glass I Railroads
in l945 declined to Sass, ,000, 900 VS.
$667 200, 900 in the previous year, the
Association of American Railroads
announced. Reduced traffic after the
end of the war and rising costs were
major factors.
Bottled Whisky Production in 1945
rose 70 150,200,00O wine gallons, a
gain OF $3.50 from the previous year
and about even with the 1912 total
reported the Allied Liquor Industries
January Chain Stores Sales and
changes from year ago follow
S. S. Kresge Co., $14,374,227, up
1.7%: J. c. Penney, 36,901 ,143, up
1.6Go; j. j. Newberry, S6,410, ,208
up 3.3ro.
Southern Pacific Railroad asked
ICC permission to issue $4,000, ,00t
of f1rst-mortgage series F bonds tc
help finance redemption of series {
bonds of 1896 at l03i2 and interest
Minneapolis & st. Louis Railway
stockholders will vote April on a
proposed 4-for-1 split in common
stock and an increase in authorized
common from 10000 to 100000
shares
Magazine Repeating Razor Co. di-
rectors approved proposed merger
with EVerSharp, Inc. Holders OF
March Is.
National Steel Co. earned S1l,1l7,-
764 or S504 share in l945 VS.. S10,-
751.3S9 or $4.87 in the previous year
Jones & Laughlin Corp. profit for
1945 was $S,oS2 ,0s2 or s2.9l VS.. ST.
966.663 or S314 in 1914.
Kroger Grocery e. Baking Co
earned S5,643,4la or S307 in l945 VS.
s5,144,3 ,399 or $3.50 in the previous
year.
New jersey Zinc Co. profit for 194s
was $5,161 ,243 or $3.50 VS.. S5,283, AZ;
Or S270.
Pacific Mills earned $1,996,070 OF
s5.04 in IL months ended December
% VS.. s1,87l 500 or s4.72 in the pre-.
ceding fiscal period
Atlas Powder Co. net for 1945 was
S1,415,178 or SALT VS.. $l,699,9 ,917 OF
$5.28 in 1914.
Talon, Inc, earned $1,983,770 OF
$1.95 in l945 VS.. $1,063 1854 or s1.01
in the previous year.
Nehi Corp. net for 1945 was $9O1,.
667 VS.. $1024,355 in 1914.
Howe Sound Co. profit for 194s
was $858,859 or $186 VS.. $818,308 OF
SLIT in 1914.
United Stores Corp. earned $621,.
1872 or $3.50 a preferred share in 194s
VS.. s656,556 or s6.86.
Hat Corp. of America profit for 1:
months ended October 81 was $267,.
SGT or n cents VS.. S439, ,513 or 81
cents in the preceding fiscal period
kresge Department Stores callec
for redemption on April all of it.
convertible first preferred stock a.
ITO.
Bethlehem Steel Corp was award
ed the steel contract for new plas
tics processing plant of B. F. Good
rich Co., at Marietta, Ohio.
Republic Steel Corp. acquires
machinery, equipment and inventor,
of Westland Drawn Steel Co. of Lo
Angeles.
Erie Railroad will increase ca
pacity of its Cleveland ore dock b,
adding a new 17-ton Hulett unload
ing machine for the coming season
Cleveland Pneumatic Tool Co. re
ceived designations of George P. Tor
renee as president and John S. Clar
as vice president and treasurer.
Westinghouse Electric Corp. ap
pointed l.. E. Osborne senior oper
sting vice president.
Pennsylvania Central Airlines ap
pointed Bill Henry cargo representa-
tive In Washington