Armco Installs New System of Fiscal Records
Armco Steel Corp announces adoption of worldwide and straight line depreciation for plants and equipment effective January 1, 1996. Restates first-ball sales and earnings. Letter to shareholders signed by William Verity and Logan T. Johnston cites growth of foreign activities since 1912 and startup of five new facilities in 1966, five in 1967, with more anticipated.
MENTIONED IN THIS ARTICLE
Boddletonn
Ohio
Armco Steel Corp
Armco
Wiliam Verity
Logan T. Johnston
Armeco
Gary Records Record Steel Output At Gary Steel Works
Gary Indiana U S Steel plant taps its 250 millionth ton of steel from a basic oxygen furnace marking a major production milestone since 1909. General superintendent George A Jedenoff praises workers and confirms the plant's role in supplying railroad wheels axes rails and diverse steel shapes nationwide.
MENTIONED IN THIS ARTICLE
Gary Steel Works
George A. Jedenoff
U.S. Steel
Sampleyes
Jedenoff
Gary
Dedenoff
George Richard Hatcher
U S Business Reacted Calmly To Czech Crisis
U S business and finance reacted calmly this past week to the uncertainties raised by the Soviet invasion of Czechoslovakia. The stock market dipped in early trading then rose, with exchanges closed on Wednesday softening the impact. Bond markets remained steady, grain futures rose, and metals gained as experts noted a restrained, professional market response.
MENTIONED IN THIS ARTICLE
New York
U.S
Czechoslovakia
Chicago Board of Trade
Soviet Union
East Germany
Hungary
Poland
Bulgaria
United States
Andrew F. Brimmer
Federal Reserve Board
American Statistical Association
Brimmer
Commerce Department
Association of Home Appliance Manufacturers
Pacific Northwest
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