New Coast Exchange Starts Expected Jan 2
The Pacific Coast Stock Exchange, formed by joining the Los Angeles and San Francisco exchanges, plans to begin operating January 2 after linking trading floors by long distance wires. The venture aims to speed trades and expand access to Western securities. a holding-company structure will govern two divisions with a 4-4 board. Plymouth Oil reports a discovery well in Alberta, Canada, with crude production tests and varying interests across 5,440 gross acres.
MENTIONED IN THIS ARTICLE
San Francisco
Pacific Coast Stock Exchange
Los Angeles
SEC
New York
New York, Exchange
Pittsburgh
Plymouth Oil Co
Stewart Lake
Alberta
Canada
Plymouth
Canadian Oil Companies, Ltd
Plymouth Gil
New York Store Sales Rise in Latest Week
New York City department store sales last week rose 12 percent above the year-earlier level. For the four weeks ended December 22, volume was 1 percent below the 1955 period.
MENTIONED IN THIS ARTICLE
New York
New York City
Connecticut issues CONNECTICUT INDUSTRIALS Pricts from G. & Walker
Connecticut issues mark from G. & Walker involving Pricts with Industrial interests. Details remain unclear in the fragment, but references tie to corporate or financial notices. Further readable lines are needed for fuller context and precise entities.
Wall Street Gains Slightly on Mixed Steel News
New York stock trading ends with a small overall rise as the Associated Press index climbs 50 cents to 180.70 amid stronger volume. Steel shares slip after government rejects fast tax writeoffs for expansion. the market shows gains in some blue chips while rails falter and utilities edge higher.
MENTIONED IN THIS ARTICLE
New York
Royal Dutch
J. J. Case
U. S. Steel
General Motors
Monsanto
Westinghouse Electric
Standard Oil
New Jersey
Admira
pAtco
Jaller Cp
Monsan
Mont Dut
Ty Monier O
Amerada
Airlin
Bosch
RY Central
Ch & SL Oe AB
NH & Hart
M&fdy
Nia
Norl & West
Am Spy
Nor Pac
Aes
Aey Tel & Fel
Nor Sta Pw
Ohio
Anacondale
Armca Sd
Oo Pac G & el
Armour & Co
Pwr & Lt
Atchison Sa
Phelps
Bald Lima
Philip
Philip Mor
Bendix
Benguet
Beth Steel
Fo & G
Borden
Pullman
Beiggs
Rex Cruz
Suez Canal
Steels
Bethlehem
Rohr Airc
Royal Dut
Gen & SW
Aay
Safeway St
Lukens Steel
Sil San
Aoy
Salaam St
Ches & OH
Ms & Oh Schenley
Chicago Cp
Youngstown
Republic - Steel
Chrysier 3A
Sears Rogb la
Finan
Dou
al Shelgil
Sinclair
Climax Mosde
Socony
Minois Central
Southern Rail
Cora Cola Sa Rie
du Pont
Eau Ryve
Sperry Ra
Epleyel A
Fit Ltd O
Motors
Ford
L&w
The
American Stock Exchange
Humble Oil
Barium Steel
Dour Airc Jn
Tex PL
Pacific Petroleum
Dow Chen
Dress Ind
Tidewat
Mesabi Iron
Woodley
Yv Petroleum
New Jersey Zinc
da Pont
M& Mia
Bankers Trust Quy
US Steel
Bank of NY
Gen Motors Ve
Vanad Cp
Chemical—cotn
Grace & Co
Westr Et
Szy
Wilson & Co
Hanover Bk
Greyhound Vase
Woolworth
Irving “Trust
Lo ' AD
Manufactur
Oy Worthington
New York Trust
Tim
Gul Mob
Zenith
S. Trust
Hout L
Triand
Fel & Tel
Jones
Kaiser al
Aby
Kennecott Ie
Lehigh C&n Bee
Sy Tsu
Mack Tk
VO Martin
Merck
Merr Oh
GE delays project amid manpower limits in 1957
General Electric postpones a second major construction project in a week, delaying a $2 million Cleveland research facility and indefinitely deferring a Florida communications equipment plant that would consolidate Syracuse Utica operations. Company cites too many projects and manpower limits.
MENTIONED IN THIS ARTICLE
General Electric
Gainesville
Fla
Syracuse
Utica
N. Y
Cleveland
Charmin Paper Stockholders Approve P and G Merger
Charmin Paper Mills stockholders approve the acquisition by Procter & Gamble Co exchanging assets for P and G common stock. Charmin directors call the 4 1/2 percent convertible debentures due 1975 for redemption January 21 1957 at principal plus accrued interest with a 4 percent premium.
MENTIONED IN THIS ARTICLE
Charmin Paper
Charmin Paper Mills, Inc
Procter & Gamble Co
Charmin
Procter & Gamble
Ouster suit dropped in Connecticut telecom case
A suit seeking ouster of four directors of the Connecticut Telephone and Electric Corp of Meriden has been withdrawn in Superior Court. The action, filed by Harris Randall Howard N Westhaven and Jacob B Whister, targeted Carl A Schultz and Carl W Schultz to recognize 1,680 shares held jointly by the plaintiffs as valid voting stock.
MENTIONED IN THIS ARTICLE
Waterbury
Connecticut Telephone & Electric Corp
Meriden
Harris. Randall
Howard N. Westhaven
Jacob B. Whister
Carl A. Schultz
Carl W. Schultz
Admiral Corp predicts 10 percent rise in 1957 sales
Admiral Corp and other carriers report 1957 gains in appliances and air conditioners with color TV and radio sales rising. Ross D. Siragusa foresees production ahead of 1956 room color sales and cites 1955 sales at 202 million and profits at 82.4 million.
MENTIONED IN THIS ARTICLE
Chicago
Admiral Corp
Ross D. Siragusa
Sice
Admiral
Raytheon Reports Largest Backlog in Company History
Raytheon Mfg Co says its year end backlog exceeds 245 million dollars, over 2.5 times the prior year. President Charles F. Adams notes partial termination of a large Air Force contract trimmed backlog while forecasting modest 1956 sales and lower six month earnings. The fiscal year shifts to calendar year ending December 31 with an April annual meeting.
MENTIONED IN THIS ARTICLE
Waltham
Mass
Raytheon Mfg. Co
Charles F. Adams
Raytheon
Adams
Steel Sets Record Again In Week Output
Steel production rose to 2,525,000 net tons last week, a new high, per American Iron & Steel Institute. Last week's rate was 102.6 percent of capacity, up from 102.4 percent the prior week, with an expected 96.3 percent and about 2,370,000 tons for the current week including the Christmas holiday.
MENTIONED IN THIS ARTICLE
New York
American Iron & Steel Institute
Army Awards Bendix and Others for Defense Equipment
The Army awarded Bendix Radio Corp a contract worth 8.98 million dollars for electronic equipment. Copperweld Steel Co received 3.75 million dollars for reinforced building materials and Fairchild Engine and Airplane Corp 1.48 million dollars for J-44 jet aircraft engines.
MENTIONED IN THIS ARTICLE
Washington
Army
Bendix Radio Corp
Commerce Dept
Copperweld Steel Co
Fairchild Engine & Airplane Corp
SBA Chief Predicts Prosperity for 1957 Small Firms
In year end remarks Wendell B. Barnes head of the Small Business Administration says total U.S. output will rise in 1957 and small business will share the gain though price squeezes and material scarcities loom. He cites high demand and general prosperity as factors requiring government and industry attention. He notes new business startups and rising earnings among several firms, with Armstrong Rubber reporting higher net income and related subsidiaries contributing, alongside varied results for Eversharp, Hecla Mining, City Stores, Good Humor, Pittsburgh Brewing, Sterchi, Sunshine Mining, United Board & Carton, and Waco Aircraft sectors.
MENTIONED IN THIS ARTICLE
Washington
Wendell B. Barnes
Small Business Administration
U.S
Barnes
Armstrong Rubber Co
Armstrong Tire & Rubber Co
Natchez, Miss
Copolymer Rubber & Chemical Corp
Armstrong Rubber
Eversharp, Inc
Hecla Mining Co
City Stores Co
Good Humor Co
California
Pittsburgh Brewing Co
Sterchi Bros. Stores Inc
Sunshine Mining Co
United Board & Carton Corp
Waco Aircraft Co
The Wall Street Journal Ad 1957 Subscription Offer
A 1957 advertisement touts The Wall Street Journal as a daily business paper with rapid news on prices taxes consumer buying government spending inventories financing production trends and more. It promotes a trial three month subscription for six dollars and lists address and payment details.
MENTIONED IN THIS ARTICLE
Wall Street Journal
The
Wall Street’ Journal
Broad St
New York
N.Y
Also Mentioned on This Page
New Coast Exchange
Plymouth Oil
Connecticut
Industrials
G. & Walker & Cap
Dig
Rid
Ansonia
Arrow-Hart
Farrel Birmingham
Handy Harman
Landers
Frary
Mann
Max
Moore
Marlin Rockell
New Britain
Northeastern
Steeley AM
Neastern Eberts
North Jug
Peter Paul Sey
Plume Atwood
Stanley Works
Torrington Co
Veeder Root
Gesith, Hamssy & Co
New Haven
South N.E
Tenn Gas Trans
Tex Fast Trans
Trascat
United Wiumas Ns Me
West Sass
Eta Os
Oregon Fower Co
Carson Pirle Scott & Co
Davidson Bros., Inc
Leeds & Northrup Co
Mallinckrodt Chemical Works
Manhattan Bond Fund, Inc
Sargent & Co
Sterling Electric Motors, Inc
Toro Mtg. Corp
Whiting Corp
Reguar
Brooklyn Union.Gas Co
Kings County Lighting Co
New York & Richmond Gas Co
Brooklyn Union
Washington Gas . Light _ Co
Reading Co
Commonwealth International, Ltd
Tde
Southern Nevada Power
United Shirt Distributors
Trice
Arnold Constable Corp
Standard Products Co
Usual
Edison Co
H. &. Green Co
Jay
Westbrook & Smith
Waddon Eaton Manufacturing CO
Cleveand
Automotive Gear Works
Richmond
Indiana
Regis Paper CO
Wighigan Panelyte Plastics
WWC
Serter, Mich
Walter F. Jarvis
Fairfield, Connecticut
Wall Street
Stee
Dow Jones
Esaannys
Case NS
Miehle Printing Press
Mirs
Miehle
Monsanti Chem Ter
Westingh el Ptee
ag + s2 Printing Press & Mfg. Co
Aeaes Reece
Goss Printing Press Co
Beens
Gess
Miehle- Goss-Dexter, Inc
Dexter Folding Co
Pearl River
Transcont. Gas
Federal Power Commission Examiner
Trancontinental Gas Pipe Line Corp
East Coast
Emery J. Wendall
Trans-Carolina Pipeline Corp
Raleigh
N. C
Carolina Tidewater
Transcontinental
Tidewater
FPC
Niagara Mohawk Power
Niagara Mohawk Power Corp
Earle J. MacHold
Niagara Mohawk
MacHold
New York State
Federal Reserve Credit
Commerce Department
Machine Tools
Seook
Pitces
Smith, Ramsay & Co
Wrain, Barassy & Cs
Attech
Atina Insurance
Agina Lite
Amer
Gen. Life
Hartford
Navocal Fire
Southern Pacific
B&o
EL Paso Gas
Southern Pacific Transportaion System
Baltimore & Ohio Railroad
Chicago, Burlington & Quincy Railroad
Erie Railroad
Minneapolis, St. Paul & Saint Ste Marcie Railroad
Wisconsin Central Railroad
Western Maryland Railway
Western Pacific Railroad
Monon Railroad
el Paso Natural Gas Co
Delaware
Public Service Co
New England Gas & Electric Association
Utah Power & Light Co
Arkansas Power & Light Co
Montana Power Co
Iowa Public Service Co
Iowa Southern Utilities Co
Chicago South Shore & South Bend Railroad
Seaboard Air Line Railroad
Southern Railway
Army Contracts
SBA
Norman F. Dacey & Associates
Atomic Development Fund
Commonwealth Investment
Whlade
Eaton & Herd
Incorporated
Invesatora Toustory
Pioneer Fund Wish
Wellington Fund
Armstrong
Re Great National Bank
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