This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Bridgeport Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Dec 03, 1957
Page
14
An aged advertisement touts the Wall Street Journal as the premier daily business paper. It highlights timely coverage of prices taxes consumer buying government spending and more with a large staff and broad association. The promo offers a three month trial for six dollars and a yearly rate of twenty dollars.
ICASH, STOCK VOTED BY PITTSBURGH COKE. The Pittsburgh Coke and Chemical Co declared a year end extra dividend of 95 cents in cash on common, payable Dec 23 to record Dec 13, and a 2 percent stock dividend payable Jan 10 to record Dec 13. The 1957 total is $1.25 cash and 2 percent stock. Universal-Cyclops Steel declared 25 cents cash and 3 percent stock, with Dec 28 and Jan 15 dates. Francisco Sugar Co declared 60 cents cash, payable Dec 24 to record Dec 16, after a 25 cent payment in 1956.
The notice lists dividend declarations across firms including Midde South Attities Inc, Manufacturer's Trust Co, Beneficial Finance Co, Farrell-Birmingham Co, Brandif Airways Inc, Scovill Manufacturing Co, Bath Iron Works Corp, H. K. Porter Co Inc, Aetna Casualty & Surety Co, Aetna Life Insurance Co, Barry Controls Inc, James B. Beam Distilling Co, Chicago Melded Products Corp, Government Employees Life Insurance Co, Incorporated Income Fund, Ohio Brass Mig. Co, Texas National Bank Houston, and Universal Leaf Tobacco Inc. detailing quarterly and extra dividends, payment dates, and record dates for the period through January 1957 and December 1956.
Wall Street opened December with a broad decline across leading issues as steel motor rail and oil shares fell while missile linked stocks showed mixed performance. Utilities and some isolated sectors rose modestly. Profit taking capped losses.
Allied Stores Corp reports a 12 month net income of 13,004,455 equating to 4.60 a share for the year ended Oct. 31, down from 13,507,990 or 4.84 a share the prior year. The October quarter nets 321,815 or 0.79 a share versus 3,131,187 or 1.10 a share a year earlier. Graham-Paige reports Sept. 30 stockholders equity at 9,613,583 or 1.59 a share, down from 10,235,659 or 1.69 a share on Dec. 31, 1956. Nine months ended Sept. 20 net 634,912 versus 42,273. Whitney Apollo Corp. is a wholly owned subsidiary included in the income statement. Monterey Oil Co. ends year Aug. 31 at 1,294,428 or 0.72 a share versus 2,519,924 or 1.39 a share.
Profit taking after three weeks of gains weighed on shares as a Mills Arkansas report signaled little chance of tax relief. U S Steel and Bethlehem fell about a point as steel output hit year low. auto makers like Chrysler Ford and GM slipped amid cuts in Canada. Rail and oil groups weakened with New York Central New Haven layoffs. Amerada Gulf Oil and Texas Co. fell late.
New York reports that E. J. Korvette Inc posted a year end net income of 1.19 million dollars or 1.02 a share versus 1.56 million or 1.33 last year. Sales climbed to 71.07 million from 54.85 million as heavy expansion costs trimmed earnings. Three more stores are planned to open in 1958.
Ohio Bell Telephone Co told the State Public Utilities Commission it plans to file a rate increase in early 1958 to halt a decline in earnings. The exact amount was not yet determined, as the utility noted.
The New York State Electric & Gas Corp asks the State Public Service Commission for a $4,225,000 annual electric rate rise effective February 1, 1958. President Joseph M. Beil Jr. announced the request from Binghamton, New York.
Chesapeake and Ohio Railway shows 11 month net of 61.201 million or 7.57 a share, up from 60.146 million or 7.47 in 1956. Seaboard Air Line 10 month net 15.211 million or 3.17, down from 3.55. Cincinnati New Orleans and Texas Pacific 10 month net 5.033 million versus 5.460 million. Maine Central 10 month net 707 thousand versus 1.143 million. Baltimore Transit 10 month net 708 thousand and 496?
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.