General Contract to Spin Off Non Banking Units
The Federal Reserve orders General Contract Corp to divest non banking subsidiaries under the Bank Holding Act. An the company plans to form a new holding company, rename the existing firm General Bancshares Corp, and own eight banks and non banking units. The split aims for completion before 1958 end with listed shares on the NYSE.
MENTIONED IN THIS ARTICLE
General Contract Corp
ST. Louis
Federal Reserve Board
Arthur Blumeyer
General Contract
General Bancshares Corp
Securities Investment Co
Washington Fire & Marine Insurance Co
Midwestern Fire & Marine Insurance Co
Insurance Company of St. Louis
New
Blumeyer
New York Stock Exchange
General Bancshares Wil
Zenith accuses Admiral in suit over TV features
Zenith Radio Corp filed in U S District Court charging Admiral Corp copied two key television features including the fringelock circuit and the space command remote control. Zenith says Admiral's unit could partially control Zenith receivers and cites five infringed patents and a former Zenith engineer as co inventor. Zenith reports over 36.5 million dollars in space command receivers sold since 1956.
MENTIONED IN THIS ARTICLE
Chicago
Zenith Radio Corp
U.S
Admiral Corp
Zenith
Space Command
Admiral
Zenith Research
General Dynamics 1957 Sales and Earnings Rise
General Dynamics Corp reported 1957 sales about 1.5 billion dollars, lower than 1956. Net earnings for 1957 exceeded the 32 million dollars reported for 1958, with Pace noting higher R D costs on military and commercial programs including the Convair Asp jet transport.
MENTIONED IN THIS ARTICLE
New York
General Dynamics Corp
Frank Pace, Jr
Socony Mobil Plans $28 Million Venezuelan Refinery
Socony Mobil Oil Co announces its Venezuelan affiliate will build a wholly owned 28 million dollar refinery capable of 40 000 barrels per day. The refinery will be at El Palito eight miles west of Puerto Cabello with construction starting this year and finishing in 1959. Initial crude will come from the Silvestre field near Barinas discovered in 1947.
MENTIONED IN THIS ARTICLE
Socony Mobil Oil Co
el Palito
Puerto Cabello
Silvestre
Barinas
Socony Mobil
Cities Service halves crude runs in nationwide cutback
Cities Service Co and its operating affiliates cut crude oil runs by 20 000 barrels daily, eight percent of January output. The Lake Charles Louisiana refinery leads the cut as refined product demand remains weak, prompting purchases reductions until demand improves.
MENTIONED IN THIS ARTICLE
New York
Cities Service Co
Lake Charles
Louisiana
Parke Davis Posts Record 1957 Earnings and Sales
Parke Davis & Co reports preliminary 1957 results with net income of 27.93 million dollars and 5.67 dollars per share on sales of 162.29 million. In 1956 earnings were 17.65 million and 3.59 dollars per share on 134.11 million in sales.
MENTIONED IN THIS ARTICLE
Parke Davis & Co
New York
Pacific Telephone & Telegraph Co
Southern California Edison Offers Preferred Stock
The offering of 1,000,000 shares of Southern California Edison Co. cumulative Preferred stock began today with underwriters led by First Boston Corp and Dean Witter Co. The $25 par stock at 4.78 percent yields 4.08 percent priced at $25.35. Redeemable by the company at $27.50 before Feb 28 1963 or $25.80 after Feb 28 1973. Edison operates in central and southern California serving 1,456,528 customers as of Dec 31 1957.
MENTIONED IN THIS ARTICLE
New York
Southern California Edison Co
First Boston Corp
Dean Witter & Co
Southern California Edison
California
Los Angeles
Insurance and corporate earnings figures for 1957
Insurance KS shows net earnings of 4.3 million dollars or 6.04 a share versus 5.1 million or 7.13 a share. Powell River Co reports 7.76 million or 1.85 a share against 10.91 million or 2.60 a share. J Ray McDermott posts 3.72 million or 1.83 a share versus 4.72 million or 2.34 a share. General Portland Cement 6.98 million or 3.36 a share versus 9.53 million or 4.58 a share. Alabama Gas 2.23 million or 2.30 a common share versus 2.29 million or 2.36 a. Fisher Brothers 1.50 million or 2.38 a share versus 1.21 million or 1.87 a share. Yuba Consolidated 1.72 million or 0.68 a share versus 0.85 million or 0.33 a share. Interstate Securities quarterly net to Jan 31: 331,110 or 45 cents versus 376,323 or 56 cents. Duplan December quarter loss 72,000 versus 112,000.
MENTIONED IN THIS ARTICLE
Dow Jones
Lowsis Syl AO
Tena
Cree
Saan
Beoe
Tbererresen
Unch
Eevee
Public Utilities Sraeee
Ie Industrials
Tacome Ralls
Nye
Nets
Regal
Raytheon
Parke Davis
Anor
Harry J. Loynd
Loew's
Loew's © Dlelate
Dent
Shell Tran
Fruehauseray Eeee Eddy
Algoma Steel Co) Ltd
Merck Berraes
Westinghouse Air Brake Co
Standard Oil Co
Ohio
Nues Sales
Abbott L
Motorola
Allied Ca
Hytty Allied
Africa
Englee
NY Central Ven
Ché
AM &F Pw
Gar & BI
AM M & Fdy
Am Motors
Nor Pac
Oliver Co
Pac & el
Armco
Armour & Co
Parra
Atchison
Phelps D
Cal
Philco
Javeo Atty
Bald Lima
Philip Mor
Balt & OR
Bendix Av
Bénguet
Beth Steel
Aay Publick Ind
Boeing Air Tb
Pullman Ja
Borden
Au Pure Oil
RCA
Borg Warm
Rastheontes
Budd Co
Bt Va
Bullard
Sr Ny
Burl Int
Burroughs
ST Se
ML Bank
Royal Dutch
Cen & SW
Ches & Ob
Sears Roeb
Ird
Ay Shell
Chrraler
Say
Sinclair
Oy Lorillard
CIT Finan
Socony
Bethlehem
Cole Palm
Roy
Southern Co
Standar Cole F & Ir
D Oi
Col Brad A
Sperry Rd
Columbas
Spiegel
Caterpillar
Ltd
Ind
Westinghouse Electric
Rock Island Railroad
Consum Pw
Vile International Business Ma
Tay Sunray
Crane Co
Swift & Co
Curtis Pup
Merck
TAN
Tas Texas Co
Culler
Vea Smith, Kline & French
Tel le de Deere
Pfizer
Schering
Abbott
Dome
Textron
Tous Aire Ju
Johnson & Johnson Rose
Dow Chem
Dreca Ind
U Va
Pont
Norman F. Bacer & Apseciales
Emer
Air Lin
Atomic Development Fund
Ed Thiokol
U.S. Vitamin
Louisi-arie RP Unitaire
Canada General Pond
Ana Land
Wa Commonwith
Fairchild Camera
Fairch Fe
Byavr
Fruit
Commonwealth Investment
British Petrole- Firestone
Fool Fatrybre
St & Sf
Eaton & Howth
Dsnam
U.S
Reet
Vanad Cp
Gen Motors
Va Care
Gen Pub Ut
Gillette
Penn Elz
Pioneer
Goodrich
Television Electronics Fund
Goolyear
Weste Blz
Wellington
Way
Grace & Co
Wilson & Co
Greyhound
Woolworth
Worthington
Gul Moe & O
Inland
Kaiser al
Kennecott
Lone & Gee Ik
Lernard
Martin Co
Monsan
General Portland Cement Co
Alabama Gas Corp
Fisher Brothers Co
Yuba Consolidated Industries Inc
Interstate Securities Co
Duplan Corp
Connecticut Industries Prices From G H Walker Co
Connecticut industries show price data from G H Walker Co with figures quoted for key materials and manufacturing inputs. The report highlights costs, fluctuations, and potential impact on local producers and buyers.
MENTIONED IN THIS ARTICLE
Connecticut Industries
G. H. Walker & Co
Dividend declarations from multiple firms across 1957 quars
The list records quarterly dividends and ex-dividend dates for numerous companies including Canada Dry, Dana Corp, Dover Corp, G Heileman Brewing, Drewrys, Famous Players Canadian Corp, Virginian Railway, J J Newsberry, International Paper, Basic Inc, Philip Carey Meg. Co, Compo Shoe Machinery, Holly Sugar, E Kahn & Sons, Midwest Oil, Mutual Trust, Bath Packing, Reading & Bates Offshore, Pittsburgh Metallurgical, Prentice Hall, Michigan Race & Electric, Mountain Fuel, Scripto, Hancock Oil, Beech Nut Life Savers, Disasmer Hosiery, and others with either cash per share or stock dividends and corresponding record and payment dates. Some entries reference prior similar payments or notes on class A or B shares.
MENTIONED IN THIS ARTICLE
Canada Dry Corp
Canada Dry Ginger Ale, Inc
Dana Corp
Dover Corp
G. Heileman Brewing Co
Drewrys Ltd
U. S. A. Inc
Famous Players Canadians Corp., Ltd
Virginian Railway
J. J. Newsberry Co
International Paper Co
Basic Inc
Philip Carey Meg. Co
Compo Shoe Machinery Corp
Holly Sugar Corp
E. Kahn & Sons Co
Midwest Oil Corp
Fearn
Mutual Trust
Kansas City
Bath Packing Co
Reading & Bates Offshore Oil Drilling Corp
Pittsburgh Metallurgical Co., Inc
Prentice-Hall, Inc
Michigan Race & Electric Co
Mountain Fuel Supply Co
Scripto, Inc
Hancock Oil Co
Beech-Nut Life Savers, Inc
Disasmer Hosiery Co
Ralston Purina Reports First Quarter Earnings Peak
Ralston Purina Co. reports December quarter net income of 4,123,433 dollars or 64 cents a share on 6,418,891 shares, down from 4,386,283 dollars or 69 cents on 6,360,120 shares in 1956. Dollar sales reached 116,023,900, the highest first quarter for the company, versus 109,363,210 in the 1956 period.
MENTIONED IN THIS ARTICLE
New York
DSJ
Ralston Purina Co
Carbide Puts Off Eastview Building Project
Union Carbide Corp announces postponement of its multi million dollar office and research facilities in Eastview New York due to worsening business conditions. Officials say the nuclear research center near Tuxedo Park New York continues, and work on Eastview is deferred pending further study with no fixed restart date.
MENTIONED IN THIS ARTICLE
New York
Union Carbide Corp
Eastview
N.Y
Carbide
Tuxedo Park
N. Y
B&O Profits Down as Net Income Dips in 12 Months
Baltimore & Ohio Railroad reports a 12 month net income of 24,131,036 after taxes and charges, down from 30,038,261 in 1956. Gross revenue totaled 461,303,581 versus 465,484,696 prior year.
MENTIONED IN THIS ARTICLE
New York
Baltimore & Ohio Railroad Today
Market Action Shifts as Roth Buys Kayser Shares in Merger Plan
Chester H. Roth Co. reveals it has acquired about 15.6 percent of Julius Kayser & Co. stock, planning a merger. Roth says 126,605 Kayser common shares were bought, with 98,605 from List Industries units. prices and other sellers unnamed. St. Joseph Lead Co. reports 1957 earnings. Avis Inc. posts record rent-a-car related dealings with Ford. Fairchild Aircraft cuts and Detroit Edison plans $75 million 1958 construction program.
MENTIONED IN THIS ARTICLE
Chester H. Roth Co
Julius Kay Ser & Co
Chester H. Roth
Roth Concern
Kayser
List Industries, Inc
Detroit Edison Co
Also Mentioned on This Page
ED Morse
Wall Street
Saiper
Parke
Gen’s Dynamics
Batowin Pearson
Realtors
Ytreet fOwen
Mnowmar Z
Dacey Sar
Aasociales Ces
Sraie Syreer
Connecticut
Chas. W.scranton&co
John ST
Bridgeport
Westport
Norwalk
Enterprise
Norman
Gaynor Arthur
Deanings Envestments
New Haven
Cameo Parking Lot
Jonn Street
Cities Service
Sports
CAL Edison
Smith, Ramsar & Co
Dil
Bic Askea Cite Trust
Ae Conn Mall Bk OM
Bankert ‘Trust OJ
Basak of KY
Aoa Chate-Manktt
Empire
Guaranty Trust
Hanover Bk NY
Miva
NY Trust
Wenera
Roener Tere
J. Ray McDermott & Co. Inc
Mir
Aetna Insurance
Arner Fid
Hanford
Peeriero Iseur
Smith, Ramsay & Co
Dir
Ag Tél
Dictaphone Corp
Emhart
Fafnir
Farrel Birmingham
Handy Harman
Landers
Frary Clark
Marlin Rockwell
Cotrl Maine PwoQs
Conn Ld Pw
Hild
New Haven Gas QM Co
First National Bank of
GaePst
United Board & Carton Corp
United Mum
Pay West Mast Co
Ralston Purina
B&o
St, Joseph
FORD
Julius Kayser
St. Joseph Lead Co
Avis, Inc
Ford Motor Co
Frederic C. Dumaine
Avis
Andrew Fletcher
New York City
Fletcher
Fairchild Engine
Fairchild Engine & Airplane Corp
Fairchild Aircraft Division
Hagerstown
Fairchild
Long Island
Fairchild Aircraft
Detroit Edison
Pacific Tel & Tel UP
Melrose
Lederer
Jedere Pioneers
EAGLE
Crescent Ave
Ce Peres
Congress St
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!