Chemical Corn Seeks Merger Interest With New York Trust
New York April 28 Chemical Corn Exchange Bank publicly voiced interest in merging with New York Trust Co as part of market rumors. A high bank official confirmed willingness to study any merger if New York Trust or another fine bank shows interest. The letter from stockholder Lawrence Deneufville spurred talks that three NYC banks had sought merger discussions since the 1957 annual report pledge to explore such interest.
MENTIONED IN THIS ARTICLE
New York
Chemical Corn Exchange Bank
New York’ Trust Co
New York City
Dow Jones
New York Trust Co
New York Trust
New York Trust Management
Lawrence Deneufville
Adrian Massie
Hulbert S$. Aldrich
Chemical Corn and Guaranty Trust Co
Wall Street Ends Bearish. Broad Declines At Close
Market news was largely bearish with the Associated Press index slipping, 494 of 1,190 stocks fell while only 252 were unchanged. Major issues like Royal Dutch led losses as dividends were cut and tax outlook weighed on trading. El Paso Natural Gas and Servel gained amid brisk activity in low priced shares.
MENTIONED IN THIS ARTICLE
Iar
Congressional
Associated Press
Royal Butch
Belew
Shell Transport
Servel Inc
Textron
Babbitt Inc
el Paso Natural Gas
Ser‘vel
Fower
Standard Off
New Jersey
Jersey Standard
Connecticut Issues CONNECTICUT INDUSTRIES Prices Truck Walker Co
Connecticut industries news highlights actions by Walker and Co with price details and market movements. The report notes price levels and company activity impacting regional manufacturing and trade dynamics.
MENTIONED IN THIS ARTICLE
Connecticut Industries
Prices Truck Walker & Co
US Declares Dividend By United Illuminating Company
The directors declared a dividend on common stock payable July 1 to owners of record at the close of business June 13 at a rate of 32 1 2 cents per share.
MENTIONED IN THIS ARTICLE
United Illuminating Company
Lusingass
Jima
United States Steel Co. Posts 1957 Earnings Figures
The reporting notes show United States Steel Co. posting earnings for 1957 with figures around 3.18 million dollars and 2.92 million dollars in related metrics. Details indicate per share values and comparisons to prior periods, reflecting the year’s financial performance and distribution data.
New England Roundup Hails FHA Approved Electro-Safe Heating System
The Electro-Temp Corp of Springfield patents the Electro-Safe heating system, FHA approved for off peak water heating used with ducts radiant heat or room conveyors. New parks planned for Maine with Waterville and Houston sites, plus a 150000 stock drive near success. Brown & Sharpe unveil Ceda-Size grinding for precise cylindrical parts. Overhead Doors Co expands Nashua plant, boosting production and jobs.
MENTIONED IN THIS ARTICLE
New England
Federal Housing Administration
Electro-Temp 'Corp
Springfield
Mass
New England Council
Oscar H. Sternbane
Brown & Sharpe Manufacturing Co
Providence
R. 1
Beaunit Mills Sets 25 Cent Dividend and Wallet Build
Beaunit Mills Inc declared a 25 cent dividend on common stock payable June 1 to holders of record May 15. The firm previously paid 37 12 cents per quarter and plans a polyester fiber plant in Elizabethton Tennessee, conserving cash to avoid new financing for construction.
MENTIONED IN THIS ARTICLE
New York
Beaunit Mills, Inc
Beaunit Mills
Elizabethton
Tenn
Exchange seat up $3,000 in New York stock market move
A pump maker plans to move to Torrington Conn and employ 100 to 200 after transferring an NYSE seat at 85 000. Tri Motor Inc of Greenwich will occupy Nidmenl plant, add to building, and hire gradually. Electrolizing Corp of Providence reveals a missile fuel process using ceramic coatings for 6 000 degree resistance and new alloy sealing. Pilot equipment expansion of 100 000 to be completed by June 1 with sharp employment growth upon production start.
MENTIONED IN THIS ARTICLE
Maine
New England Council
Waterville
Houston
Aroostook
Bangor and
New York
Pany
Torrington
Ac Exchange
New England
Council
Tri-Motor Inc
Greenwich
Nidmenl
Ss Tieg | Hardware Corp
Electrolizing Corporation of Providence, A. 1
James N. Byers
Casco Declares 25 Cent Dividend on Coramon Stock
Casco Products Corp declares a 25 cent dividend on Coramon stock payable May 21 to holders of record May 6. The previous payment was 25 cents in May 1957, the only payment last year.
MENTIONED IN THIS ARTICLE
Casco Products Corp
Allied Chemical Sees Gains Ahead After Dividend Declared
Allied Chemical and Dye Co announced a quarterly dividend of 74 cents per share payable June 30 to May 16 record. First quarter sales fell 10 percent to 148.9 million while earnings dropped to 6.78 million or 0.68 a share from 10.01 million or 3.01 a share. The firm also voted to change its name to Allied Chemical Corp effective tomorrow.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical and Dye Co
Glenn B. Miller
Allied Chemical
Allied Chemical Corp
Allied Chemical & Dye Corp
Dividends and Dividend Records for Various Mutual Funds and Stocks
List of usual and regular quarter dividends on common shares and records, with payment dates ranging June to July for companies including Armco Steel, Acme Wire, Ohio Power, Hecla Mining, Sterling Aluminum, Mass Investors Trust, Pioneer Wind, National Growth, Iowa Southern Utilities, Searle, Sunset Petroleum, Blaw-Knox, Pittsburgh Steel, Parkersburg-Aeton, Quaker State, Safeway Stores, Snap-on Tools, Arkansas Louisiana Gas, Colorado Milling, Detroit Harvester, Standard Oil Indiana, Dome Mines, Ford Motor Canada, and others. Some notes show postponed actions and past payments in March or November 1957.
MENTIONED IN THIS ARTICLE
Armeo Steel Corp
Metal & Thermit Corp
Quar Jc
Acme Wire Co
Ohio Power Co
Hecla Mining Co
Atomic Development Fund
Canada General Fund
Aes Mead Johnson & Co
Commonwealth Investment
Haton & Hwrd
Sterling Aluminum Products Fundamental Investors
Ied Ee Inc
Tasestorx
Ps Mass. Investors Trust
Pioneer Wind
Banaue Canadie Nationale
Wellington Fund
Ngenne Nationalel
Iowa
G. D. Searle and Co
Sunset Intl. Petroleum Corp
Reg S
Armstrong Cork Co
Blaw-Knox Co
Stanley Warner Corp
Pittsburgh Steel Co
Nat. Malleable and Steel Cast
Indiana Gas & Water Co., Inc
Missouri Utilities Co
Nekoosa Edwards Paper Co
Parkersburg-Aeton Corp
Inert Public Service Co
Indiana
Quaker State Oil. Refining| Corp
Safeway Stores Inc
Snap-on-Tools Corp
American Pulley Co
Arkansas Louisiana Gas Co
A. J. Bayless Markets, Inc
Colorado Milling & Elevator Co
Controls Co. of America
Regis Quar
Dome Mines Ltd
I Ford Motor Co. of Canada Ltd
P&G Reports Nine Month Net Rise to $56.34 Million
Procter & Gamble Co. shows nine months ending March 31 net income of $56,343,733 or $2.75 a share on 20,464,181 shares, up from $51, FON 833 or $2.63 on 19,573,727 shares in the prior year. Six months ended Dec 31 net is $36,651,383 or $1.79 a share versus $33,546,073 or $1.72 a share the year before. Fiscal year ends June on.
MENTIONED IN THIS ARTICLE
Saies Salen
Wise Law
Abbott
Admiral
Nat Else
Nate Ib
Van
Bary Xi
Dalry
Ae Aga, Briggs & Stratton Corp
Air Beéedue
Aya
Nat Distil
Alco
Am P Allied Stes
New Eng
Ala Chat
NY Central
Alum Ltd
RY Ch & BL
Alcoa
NH & Hart
Amerada
Bosch
North West
Carpenter Paper Co
Nor Pac
Onio
Duval Sulphur & Potash Co
Olin
Am Motors Supe
tOliver Cp
Pac G & el
Pan AW Air
Pepsi Cola
Pfizer
Heer
Am Zinesere
Phelps D Sasyae
Eastern Air Lines, Inc
Armco
AAV
Philce Ee
Armour É& Co
Philip Bor
LE Ai Phill
Atchison
International Minerals & Chem
B&g
Bat
Retin
Taesar Publick Ind
RCA
Hall
Raytheon
Bendix
Repub
Beth Seal
Rex Druw
Walgceen Co
Boeing Air
Borden
Tet Sete
Borg Warn
Richfid O
Royal Cut
Baldwin-Lima-Hamilton
Ee Bullard
Safeway St
Ita
Schenley
Pac
Schering
Capital Airlines, Inc
March
Case
Jfa
Shab AL BR
Seara Roth Ib
Cater Trac
Shell
Sinetair
Cuneo Press, Inc
Cén & SW
Socony
al Sh
Southern Co
Ches & Oh
Chae Spapac
Ieam
Bou Pac
Ain Detroit Harvester Co
Chrysler
Spiegel
Detroit Steel
Lota Palm
Ind
Corp
Colo F & Ira
Columbas
Jay, Voy
Ltd
OM Oh
Rae
Hudson Bay Mining & Smelt
VOY
Ing Co., Ltd
Swift & Co
Svenn
Link-Belt_ Co
Texas Co
Snl
Cosden Pet Y
Vale Tex
Crané CO
Unis Pub
Tex Pck
Lone Star Cement Corp
Curtiss Wr
Tex Pltr Se
Cutler H la
Transamer
Deere
Por Lea
Trent
Mead Johns & Co
Bis
UR Carbide
du Pont
Union Tank Car Co
United Gp
M&m Be
Food Fairch
Ford Net
Georgia-Pacific Corp
Gen Motors
Wilton & Co
Woolworth
Gitette
Worthington
Sa Standard Packing Co
Goodrich
Fh & T
Sik
Grace & Cy
Greyhound
Dictaphone Corp
West& Emwart Sheree
Gullstob & GO
Fafnir
Gulf
S.D
Warren Co
Birmingham
Heyden
North Judd
Busch
Peter Paul
N- Plume Atwood
Bor Gas
Bet Hydraune QI
Loess
Ciict Mane
Lenard Vt
Matin Co
Nengel
Merck Fa Ates Sa Ag
New Haven
Trament
Mont
Mont Ward
West Mave Co
Motorola
Procter & Gamble Co
Manhattan Shirt Co Declares 17 1 4 Cents Dividend
Manhattan Shirt Co. today declared a dividend of 17 1 4 cents on common stock payable June 3 to holders of record May 15. The company paid 25 cents in previous quarters.
MENTIONED IN THIS ARTICLE
New York
Manhattan Shirt Co
Martin Co. Reports First Quarter 1958 Results
The Martin Co. announced at its annual meeting that first quarter 1958 sales reached 96,361,490, down from 98,748,234 in 1957, with net income of 1,693,531 or 58 cents a share versus 2,009,535 or 69 cents. Full 1957 results were 423,925,081 in sales and 9,879,638 or 3.38 a share.
MENTIONED IN THIS ARTICLE
Baltimore
The
Martin Co
Seiberling Rubber Reports Q1 Loss at Akron Meeting
Seiberling Rubber Co. projects a consolidated net loss of about 200000 for the first quarter of the year, announced by president J P Seiberling at the annual meeting in Akron. Last year's first quarter showed a profit of 182542, or 31 cents a share.
MENTIONED IN THIS ARTICLE
Akron
Seiberling Rubber Co
J. P. Seiberling
Seiberling
J C Penney Weather Cuts First Quarter Gain
New York April 28 J C Penney Co reports first quarter sales slightly ahead of last year by about one half of 1 percent. President A W Hughes says April sales are very satisfactory and better weather would have boosted the quarter to 4 or 5 percent. He declines six month predictions but remains not pessimistic.
MENTIONED IN THIS ARTICLE
New York
J. C. Penney Co
A. W. Hughes
Hughes
New York Telephone Boosts March Quarter Profits
New York Telephone Co reports a March quarter net income of 25,818,717, up from 21,604,276. For two months ending March 31, income totals 91,318,992 versus 80,433,980 a year earlier, with other utilities like Public Service Electric & Gas and Florida Power listed in year over year comparisons.
MENTIONED IN THIS ARTICLE
Seer Eee
Tacoma Rails
Feeeman Twee Ee Bea
Ates Close
Royal Dutch Pope Ree Eee Eerie Eee
Reese Eben Ay
Shell
Ps Weyerhgeuser Timber Co
Serval Wade Deese
el Paso Nat Gas
Sane
Y'tor
Textron Steeeerereene
Babbitt Sepace
American Home Products
Gen Motors
General Refractories Co
iMarch
New York Telephone Co
Public Service Electric & Gas Co
Florida Power Co
Toledo Edison Co
Brooklyn Union Gas Co
Northern States Power Co
Minnesota
Texas Power & Light Co
Indiana Gas & Water Co., Inc
Central Power & Light Co
Armco Steel Reports First Quarter Income Slump
Armco Steel Corp reports first quarter income of 9.17 million dollars and sales of 9.17 million, down from 15.49 million a year ago. Steelmaking facilities operated at 82 percent capacity versus 99.7 percent a year earlier, with finished shipments at 716 thousand tons compared to 1.091 million a year prior.
MENTIONED IN THIS ARTICLE
New York
Armco Steel Corp
Charles R’ Hook
How Wall Street Journal Readers Get More Out of Life
A reader credits The Wall Street Journal with boosting income from 9000 to 14000 and guiding smarter spending. Articles help plan car trades, remodeling, shopping, taxes, and understanding business trends, benefiting salaried workers and small business owners.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Acta
Also Mentioned on This Page
N.Y. Trust
American Iron & Steel Institute
By Walter Bussewitz
Seribbon
Teft Motors
Emith
Ramsay @ Co
American Telephone & Telegraph
Youngstown Sheet & Tube
U. S. Steel
General Motors
Homestake Manning
Pfiizer Rose
Parke, Davis
Johns Manville
U.S. Gypsum
International Paper
American Stock Exchange
British Petroleum
Arkansas Fuel Oil
Diners’ Club
Fairchild Camera
International Petroleum
Thiokol
Vanadium Alloys
Tampa Electric
Hazeltine
Arkansas Louisiana Gas and Technicolor
U. S
Aid Artet City Trust
Berkers Trust Qi
Bank of SY
Chise-Mankary
Chemicalcorn
Empire Ai
Guaranty Trust
Connecticut
United States Fail Co
Aetna Insurance
Aetna Life Sere
Hartford Fire
National Fire
A. M. Kier & Co. Ind
American Exchange
AML Kieger & Co
Lacy
American Chan
Bridgeport Brave
Bwlard Company
Catee
Harvey Mubbelt Tree
Harvey Rabbellayn
Locke Fleene A
Kaiser Industrie
McKesson & Robbins O
Pantepeere
Raybestes Inc
Remington Arms
United Aircraft Products
Underwood Coronas
United Aircrafttenes
N. E. Business Roundup
Nashua, N.H
Paul N. Fimber
Overhead Doors Co., Inc
Escent Casco
Allied Chemical Sags
Norman V. Macey
P&g
Aboiney Oe
Cles Guilging
Atrecy
Ton Weipeton
Addrem
Priewn
Smith, Esmsay A Co
Seiberling Rubber
J.C. Penney
N.Y
Ane Wall Street Journal
Broad St
Wirth Management Company
Fairheld County Trust Company
West Ave
Norwalk
Timple
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