Evening star., 1947-03-24
Business Briefs

Steel Mill Operations for the cur
rent week were scheduled at new
postwar high Of 97% of capacity,
indicating record peacetime produc-
ton Of 1 ,697, 400 tons-American Iron
81 Steel Institute. Figures last week
were 96.4% and 1860 tons; a
month ago, 944% and 1851 900; a
year ago, 1857 and 1859, 700.
Tire Production in January in
cluded another new record of $685.
566 passenger car castings, jump
of 1873 per cent from the previous
month and about 100000 units
higher the previous record month
of last October-Rubber Manufac-
turers' Association.
Foreign Silver Price was boosted
to 7714 cents an ounce, a gain OF
AZ cents since Friday.
Mountain States Power Co. de-
clared quarterly dividend of 62ha
cents a common share, payable
April 81. Previous payment was As
cents.
Pullman, Inc, is considering ap-
plying for increased rates because
of mounting costs, said President
Crawford. Profit for 1916 was
$2.079,110 or "a cents a share VS.
S13,890,226 or $3.50 in 1945.
Southern Pacific Railroad stock
holders will vote May IA on a plar
to change the corporate domicile
of the company from Kentucky to
Delaware. The change was proposed
as solution Of tax problems.
Food Machinery Corp. registered
with the SEC 100000 of 15-year
sinking fund debentures and $1,000
900 of convertible preferred stock
for public offering. Profit for 194e
was 81, ,298, ,342 or $6.42 share. Nc
comparison with 1945 was given.
Baltimore G. Ohio Railroad asked
ICC permission to issue $3.50, ,00(
Of equipment trust certificates.
Continental Oil Co. earned $19,-
O13.899 or $4.05 share in 1916 VS.
S15,142,870 or 1928 in the previous
year. Totals included homecoming
credits of $1,901 1903 in 1916 and $3,-
1858 in 1945.
Ohio Oil Co. profit for 1916 was
S1S,253, ,236 or S278 in 1916 VS.. $13,-
949, 1922 or $2.13 in 1945.
American Smelling & Refining Co
earned 1872 1872 or $5.57 in 1916 VS.
$1l,468,677 or 1884.
Pittsburgh Consolidated Coal Co
net for 1916 was Sc, ,694 ,692 or $2.6s
VS.. S5,167,655 or $288 on fewer
shares in 1s45. Latest profit did moi
include $2,567 $40 from sale of prop.
critics and investments.
Baldwin Locomotive Works earned
S5,102,737 or 81 SO in 1916, including
S1,300,000 from reserves, VS.. $3,513 ,23s
or $179 in the previous year.
Moore Nc Cormack Lines, Inc.
profit for 1916 was s3,771 ,285 or SSH
VS.. $1,580,936 or $2.62 in 1945.
Spiegel, Inc, earned $2,834 ,223 o.
s1.50 in 1e46 VS.. $1,152,777 or SIS cent.
in the previous year.
Interlake Iron Corp. profit for 194l
was 81 ,937 ,3o5 or SO cents VS.. deficit
of $8o3, 1896 in 1945.
Sterling Aluminium Products, Inc.
earned 1882, ,222 or $5.36 in 1916 VS.
$451 ,2e5 or $1.83 in the previous year
Howard Smith Paper Mills, Ltd
net for 1916 was $1,184,637 or S24
VS.. 81, ,082, 1884 or S196 in 1945.
Ferro Enamel Corp. earned $707,
PAT or $223 in 1946 VS.. S419,209 o.
$1.44 in the previous year.
Felt g. Tarrant Mfg. Co. profit fo
1s46 was sl,073,777 or s2.02 VS.. $713,
500 or $134. Latest total excluded
s237,o81 net of Comptometer Co. TO
nine months of 1916 prior to it
merger September 80.
National Airlines, Inc, earnet
$402,774 or 81 cents in eight month
ended February % VS.. a loss o
$316,262 a year earlier.