Evening star., 1947-03-03
Business Briefs
Steel Mill Operations for the cul

StcCt TIlit opCI dtA0uS tOT LltS Cui :
rent week were scheduled at 94.4%
of capacity, indicating production of
1,651 300 tons-American Iron &
Steel Institute. Both totals were
unchanged from last week. A month
ago. they were 93.4% and 1858, ZOO
tons; a year ago, 1879 and 1851 700
Copper Prices were boosted 2
cents to 21h cents, highest level
since 1929, and lead prices advanced
to Is cents pound in New York,
a new all-time high. Silver prices
reached 81A cents, an advance of
another cent.
Flour Quotations at New York
were raised to 10 cents hun
dred pounds. A rise of Is to Is
cents was recorded Saturday.
Safeway Stores sales in four weeks
ended February % totaled $80,050,-
805, a gain of 1857 from a year
ago; for eight weeks ended the same
date. $155, 5,836,030. an increase OF
30.2%.
United Carbon Co. directors ap-
proved a 2-for-1 split in common
stock. Additional shares will be is
sued about May rs to holders Of
record May l.
Ohio Seamless Tube Co. stock
holders will vote April 2 on a pro-
posed 2-for-1 split in common stock
Union Carbide & Carbon Corp
earned $57,206,351 or $6.10 a share
in 1916 VS.. $37 ,889,526 or $4y08 in
1945. Sales totaled $414,988,315 VS.
$481 ,521, ,284.
Commonwealth Edison Co. anC
subsidiaries reported net income OF
S26,275,645 or $191 in 1916 VS.. $24,-
577,746 or $1.89 in 1945.
Caterpillar Tractor Co. earned Sc
1851 or 1925 in 1946 VS.. $6,511 ,89s
or $3.46.
North American Aviation, Inc.
profit for II months ended Septem-
ber 80 was $4,001 ,062 or $1.16 VS.
$780, ,3O9 or 1928 in the preceding
fiscal period.
Glen Alden Coal Co. net for t194t
was $4,898 ,668 or $2.82 VS.. $3,178, Ass
or $185 in the previous year.
Bulova Watch Co. earned $1,162,
$50 or $1.79 in the final quarter VS.
$1,454,123 or 1924 year earlier.
Butler Brothers net income fol
1916 was $4,24o,244 or s3.31 VS.. ST.
o34.38l or $136 in 1945.
Hart, Schaffner g. Marx earned
S3,423,126 or S9.44 in IL month.
ended November 80 VS.. $1,645,860 Of
S4.63 in the previous year.
Mead, johnson G. Co. profit fol
1946 was $3,062,612 or $1.81 VS.. ST.
693,a51 or 95 cents in 1945
Celotex Corp. earned $1.529, ,662 o.
$162 in three months ended Janu.
ary.31 VS.. $3.50, ,684 or 40 cents yeal
earlier.
Bigelow- Sanford Carpet Co. prof
for f1946 was $1,248,095 or $3.50 VS.
ss9A677 or s2.37 in 1945.
Dictaphone Corp. earned $500 ,52t
or $S.37 in 1946 VS.. $401 ,977 or $2.74
In the previous year.
John r. Thompson Co. profit fol
1946.was s5O4,061 or s1.7o VS.. s5O6 go:
Of &.37.
baltimore & Ohio Railroad han.
died 255 1868 cars of freight in F'ebru.
arysvs. 239 ,259 a year ago. In the
week ended March l the total was
G6,272 VS.. So, ,284 in the previous weel
andT6 ,227 year ago.
Aviation Corp. stockholders vii
vote March Is on proposed change
in the firms name to Avco Mfg. CO
Certain teed Products Co. chair.
roox pou,eoy, n fi1or~ dopiod ~,
firrH, is seeking control of valspa
Corn, but wants representation OF
the board.
Pittsburgh Plate Glass Co. starte,
construction of a s500,oO0 addition
TO is Houston paint and varnisl
plant.
T&rner Construction Co. electe,
Robert G. Wilson board chairman
sndsH G. Turner jr. president.