Studebaker Packard Merger Plans Revealed Details
News conference set for noon to announce a merger between Packard and Studebaker forming Packard Studebaker Corp. If approved by stockholders, assets near 300 million dollars and working capital about 100 million. Leaders include James J. Nance of Packard and Harold S. Vance of Studebaker. stock values and exchange basis to be disclosed.
MENTIONED IN THIS ARTICLE
Packard
Studebaker
New York
Packard and Studebaker
Packard Stutebaker Corp
Studebaker Corp. Buat
Kaiser and Willys
Nashkel Vinator
Hudson Motors
Stude Thaker
Nash
Hudson
Willys
Kaiser
General Motors
Ford
Chrysler
Stock Exchange
James J Nance
Harold 5. Vance
Paul G. Holman
Ward
Butcher Hogs Profit in Chicago Market Dip and Rise
Butchers and sons gained 50 cents to 1.00 as shipments fell after a price drop. Salable receipts reached 6,000 head, the smallest Monday since March. Hog prices ranged from 23.25 to 24.75 for 180 to 240 pounds, with heavier hogs at 21.50 to 23.25 and sows at 14.50 to 20.75. Cattle: steers and heifers steady to 1.00 higher. four loads of prime steers 27.00 to 28.50. cows 11.75 to 15.00. calves weak to 100 lower. Sheep and lambs steady. native spring lambs 22.50 to 24.50. Salable receipts total 14,700.
MENTIONED IN THIS ARTICLE
Chicago
Butchers and Sons
Muncie
Bnndianapolis
Ad Re Meith
S. Gown
Commercat
Tammond
India
Police
Cape Nemon
Dimirott
Anderson Poultry Pocket
Greek Macedonia
Dum
Topeka
Kan
Edward F. Arnare
C. C. Evans
Russell
Wheat Shows Higher Trend On Board of Trade
Wheat led a mixed market on the Chicago Board of Trade, gaining about 1½ to 1¾ cents as other cereals also rose slightly. Soybeans declined, while corn oats and rye posted modest advances amid slow trading and long liquidation in July soybeans. Hot Midwest weather sustained oats as new crop months remained discounted to old crop prices.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Kansas Cy
Longs
Midwest
Chevrolet
America
Livestock and Cotton Markets Reported Mixed Trends
Market brief shows hogs up 50 cents to $1 while cattle and lambs hold near steady. Slaughter hogs listed with varying weights and prices, cattle ranges noted from good to low, and lambs steady. Cotton market opens slowly in New York with a later buying surge in textiles. Auction listings and warehouse notices included for Indiana and nearby states.
MENTIONED IN THIS ARTICLE
Wesnsy
Jon Suga
Evia
New York
Alex
Menandria
Ind
M. Hood
Lousenold
Anita
Everett Ecin
Hearst Hoods
JY Rooney
Ofhce
Raymond King
Frankton
Traian
Wille
Housenold Furat
Derson
Indiana
Everett Corn
Bae M. Tood
Auds Turdey
Adams Housenold
Madison Ave
Egg
Hood
Tess
Wesinst
Anderson
Hogs Score 15 Cent Gain
EW YORK Foreign dollar bonds found support in a steady market Monday with Germany Japan and Greece in demand. Italian securities declined while most South American liens improved and medium grade railroads rose. Volume totaled 2.30 million versus 2.724 million last week. most US government bonds were unchanged.
MENTIONED IN THIS ARTICLE
York
Germany
Japan
Greece
Local Livestock Market Prices Mixed Amid Trading
Local livestock markets showed mixed activity with gains in hogs and cattle while grain and utility shares weakened. The Associated Press index touched a new high as industrials and railroads rose, but radiotv issues and certain sectors drifted lower and volume edged higher.
Underwater Tunnel Study Details Mud Tests in Virginia
The Virginia Council of Highway Investigation and Research heads a 54 million dollar project to assess underwater soil for the 7 200 foot Hampton Roads tunnel from Hampton to Willoughby. Scientists extract mud from up to 200 feet deep to determine soil consistency and strength before construction.
MENTIONED IN THIS ARTICLE
Charlottesville
Waip
Hampton Roads
Hampton
Willoughby
Virginia Council of Highway Investigation and Research
Helping Hands A Roy al Marine Officer Aboard During Maneuvers
Royal Marine and Army units conducted amphibious maneuvers and cliff assault demonstrations for Army Navy and Air Force trainees in England. An officer was helped from his waterproof suit after coming ashore by life raft during the exercise.
MENTIONED IN THIS ARTICLE
Royal Marine
England
Army
Navy
Air Force
Also Mentioned on This Page
Packard Plan
Sobel
Funcie Livestock
Ms Mant Fonds
Anderson College
Anderson Cal Cleveland
Church of God Congress
Texas
Louis Tins
International Youth Net
Evelyn Allen
Jetting
New Mexico
Arizona
Cali
Dean Paris Bett Zalifornia
Oregon
Porlan
Rowenna Dodge
Isco
American Cancer Society
Associated Press
Fihities
American Exchange
Nauinde
Fpl
Volos
Dimitroff
Hammond
St. John’s Hospital
William Carter
Roy Davis
Ingalls
Ralph Williams
Pendleton
James Barnes
Home Ave
Earl Lewis
Halford
Keith Cochran
Central Way
John H. Smith
Mary Jane Swinford
Catherine
Ray Summa
Mor‘on
St. Judith
Everett Byington
Bath St
Mary Parker
Arrow Ave
Helen Kirkpatrick
Betster
Elizabeth White
W. Toth
Mullens
Howard B Stark Co
Milwautee
Her
Thriftmaster
Hunter Chevrolet
D Meridian
Dial
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