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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Argus
Location
Fremont, California, United States of America
Date
Jun 03, 1975
Page
6
A portion of the New York Stock Exchange listing could not be shown because of mechanical problems. The disruption affected many stocks and caused widespread candid reactions as traders awaited repairs and resumption of normal trading.
Fragmented OCR traces show scattered stock figures, numbers, and mentions of companies like MUN ITT and AMER names. The text weaves through prices, dates, venues, and undefined items, forming a cluttered snapshot of a historic trading day with numerous proper nouns and figures interlaced.
Weyerhaeuser Co has reached a tentative two year contract with the International Wool Workers of America. The agreement covers about 12,000 employees in Washington and Oregon and will be submitted to 19 local unions for ratification.
Topps and Trowsers for aos trens clothing ABC quartered here, reported ncond sales and earnings for the 26 week period ended May 4. Sales increased 31 per cent to 83.60.34 from 4,183,774 for the prior year. White Shield Corp. Gap prepared the report subject to bank approvals to buy all outstanding 535,000 shares of its subsidiary ATS White Shield Sap for 10 million in 8 percent notes of its wholly owned subsidiary ATS Holding Corp. and 503,000 shares of White Shield Corp common. The notes mature in 1987 with required principal prepayments. WALNUT CREEK Longs Drug Prieta Inc, operating 83 stores, announced a 23 percent earnings rise and 22 percent sales rise for the fiscal year’s first quarter. Unaudited earnings for the three months ended April 30 were 3,102,000 or 59 cents a share, vs 2,529,000 or 48 cents per share for the same period prior.
Denver dispatch reports Robert F. Gilkeson, chair of the Edison Electric Institute, predicts the electrical industry will survive as a private enterprise despite proposals for government takeover. He cites public outrage over rates, capital needs, environment, and fuel costs as drivers of nationalization talk. He urges clear public communication and fair play to gain trust.
Bell & Howell charges Polaroid with unpaid bills and breach of 1968 to negotiate in good faith for manufacturing the instant motion picture system. The three count suit seeks 15 million in added damages and accuses Polaroid of restricting Bell & Howell by using its designs with a foreign maker.
Volkswagen Europe’s largest automaker announced a plan to cut 6,200 jobs at Emden and reduce Beetle output to zero while keeping 58 Golf models daily to cut losses. The move targets a 1974 loss and sales slump in the United States amid inflation pressures and a weak dollar.
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