Rank Organization reports record profits and higher interim dividend
London based Rank announced record profits for the first 28 weeks of the year with sales at $242.4 million, up from $208.8 million, and pre tax profits rising to $35.28 million. Chairman John Davis cited Bank Xerox as a major contributor and raised the interim dividend from 8 to 9 percent, limited by government dividend ceiling.
MENTIONED IN THIS ARTICLE
London
Rank ‘Organization
London Stock Exchange
John Davis
Pretax
Youth Court to Hear Three Post-Dance Brawl Cases
Three Harding high school youths were referred to Juvenile Court after a brawl outside a March 23 dance. Lawrence Kearney and Jeffrey R. Brantley, both 17, and Lloyd Sanders, 16, face charges including assault on a policeman breach of the peace and loitering. Prosecutor John P. Evans backed transfer after discussions with Police Superintendent Joseph A. Walsh. Police fired four shots into the air to disperse the crowd post melee.
MENTIONED IN THIS ARTICLE
Harding High School
John Alexander
Lawrence Kearney
Adams ‘ Street
Harding
Lloyd Sanders
Adams Street
Jeffrey R. Brantley
Father Panik Village
Evans
Joseph A. Walsh
NAACP
Board of Police Commissioners
New Construction Hits Record Rate in February
Washington AP reports new construction rose 1 percent in February to a record annual $81.3 billion. All types except industrial and miscellaneous buildings closed. The unadjusted value put in place was $5 billion for the month, while the adjusted rate for the three months ending February was 3 percent above the prior three months and 8 percent above the year-ago period.
MENTIONED IN THIS ARTICLE
Washington (Ap
Commer Department
Monagan proposes crime control group
Rep. John J. Monagan of Connecticut urged the House to create a special crime control committee to investigate crime and coordinate local, state, and federal enforcement efforts. He warned failure to act could erode constitutional protections in the face of rising wrongdoing.
MENTIONED IN THIS ARTICLE
Washington
John
Monagan
D-Conn
House
Monagar
German ship foresaw vast South Atlantic fish harvest
Technicians aboard the German oceanographic ship Walter Herwig estimate nearly three million tons of fish could be harvested each year from waters off Brazil Uruguay and Argentina in the South Atlantic.
MENTIONED IN THIS ARTICLE
Montevideo
Uruguay
Walter Herwig
South Atlantic
Brazil
Argentina
Officers Re elected by Federal Retirees
Unclear text indicates retirees delegates and officers from a federal retirees association meeting. Names mentioned include Gotthardt Murray Donnelly and Bert Can eld. A state convention date appears as April 20 with reference to new or re elected officers and chapter discussions.
MENTIONED IN THIS ARTICLE
Bridgepont
Tional Association
Esd
N Gotthardt
Meriden
Murray
Donnelly
Gotthardt
Bert “Caneld
Retail Sales Rise 7 Percent in Week to $6.519 Billion
U S Commerce Department data show weekly retail sales up seven percent ending last Saturday reaching 6.519 billion dollars. Durable goods total 92.285 billion while nondurable goods stand at 4 234 billion with department stores up about one percent from the prior year.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Penn Central Names Division Sales Chief
Roland Smith Jr. is appointed division freight sales manager at New Haven for Penn Central Railroad. The announcement from Henry Ge Alyne Jr. states Mr. Smith will report to Warren H. White, New England sales manager in Boston.
MENTIONED IN THIS ARTICLE
Roland Smith, Jr
New Haven
Penn Central Railroad
New York
Henry Ge Alyne Jr
Penn Central
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United States Government Agency
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Total Bonds
G.I
F.H.A
Capital
Theodore W. Atkinson
Theodore H.’Beard
W. Gerald Bryant
Edward C. Bullard
Edward P. Bullard
Horace E.bullock
Rowland H. Coleman
Joseph W. Dolan
Sargent F. Eaton
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Dictaphone Corporation
Bead Chain
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The
Bullard Company
Bullock Marine Sates, Inc
Remington Arms Company, Inc
Sears Roebuck & Co
Warner Bros. Co
Tressurer
Post Pushing Ca
Ident
Milford River & Machine
Enoers
Alexander Hawley
Samuel’ W.hawley
People's Savings Bank
Otto W. Heise
Heise Bourdon Tube, Inc
J. Walker Hill
Trust Commpitiee
Maurice J.hoffman
Hoffmen Brothers
G.’ Wesley Hubbell
City Savings, Bank
Lee S. Johnson
Sikorsky Aircraft
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John W. Leahy
Avco Corporation
S OF & Gas Co
Fair, No
Fred H. Merwin
Producto Machine Co
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Roger E. Reath
the Superior. Plating Co
Paul A. Rust
Cop. Battery & Lighting Co
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Edward 0
Schine
Minshall Orgen, Inc
Hubert H. Schwerdtle
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Schwerdtie Stamp Co
Lewis A. Shea
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Igor I. Sikorsky
Frederick B. Silliman
William S. Simpson
Alvin C. Smith
Herman W. Steinkraus
Walter F. Torrange
Richard H. van -Horn
Dever C. Warner
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United Aircraft Corp
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Carmody &Torranes
Bridgeport Hydraune Cat
Lycoming L
Henecery
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Merrie
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Merrie Olde
Carol And.co
Mermaid Tavern
Stratford “Motor
Stratford-en
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Puay
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