Amex Tightens Listing Rules Amid Growth in Stocks
The American Stock Exchange announced higher listing thresholds as 1,200 firms are now listed with 500 added and 142 removed in five years. New requirements raise public float to 150000 shares, holders to 450, min market value to 750000, and bond holdings to 400000. Delisting possible for weak assets or persistent losses. policies take effect after year-end distributions.
MENTIONED IN THIS ARTICLE
New York
American Stock Exchange
Exchange
Ralph S. Saul
Saull
Saul
Battery Firm Plans To Close 4 Plants
Gould National Batteries Inc announced it will retire production at four plants East Point Georgia Houston Texas Marlboro Massachusetts and a finishing plant in Ogden Utah. The move is part of a 13.5 million program to expand relocate and automate its automotive battery division and four new larger plants are planned with locations yet to be chosen.
MENTIONED IN THIS ARTICLE
New York
Gould National Batteries, Inc
East Point
Houston
Stock Exchange Seat Sells For 470000 In New York
A seat on the New York Stock Exchange sold Monday for 470000 dollars, ten thousand above the prior sale and the highest price since May 8, 1930 when a seat fetched 479000.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Bunker Ramo Boosts Profit in 1967 Report
Bunker Ramo Corp reports 1967 net income of 3,001,433 dollars, 27 cents a share, on revenues of 67,287,422 dollars, up from 1966 results. Several peer firms show mixed results including Carrier, American Saint Gobain, Texas Gas Transmission, American Sterilizer, Corn Products, Spector Industries, and Upolon with varying profits and losses.
MENTIONED IN THIS ARTICLE
NEW York
Bunker Ramo Corp
Carrier Corp
American Saint Gobain Corp
Texas Gas Transmission Corp
American Sterilizer Co
Corn Products Co
Spector Industries Inc
Upoln Co
Offshore Pipeline Application Filed
Columbia Offshore Pipeline Co filed with the Federal Power Commission for a $39 million 107 mile offshore pipeline to tap Columbia's reserves in the outer Continental Shelf off southern Louisiana. The line would run from Pecan Island Vermilion parish to a field in the Eugene Island area.
MENTIONED IN THIS ARTICLE
New York
Columbia Offshore Pipeline Co
Federal Power Commission
Columbia Gas System
Columbia
Louisiana
Pecan Island
Vermillion Parish
Eugene Island
Name Change Sought For General Aniline to GAF Corp
New York AP shareowners of General Aniline and Film Corp. will vote April 23 on changing the firm name to GAF Corp. Chairman and president Dr. Jesse Werner says the current name no longer covers the range of fields in which the company is active.
MENTIONED IN THIS ARTICLE
NEW York
General Aniline & Film Corp
GAF Corp
Jesse Werner
World Coffee Pact Adopted in Compromise
London AP reports the 66 nation ICO adopted a new world coffee pact after yearlong talks, adding a three man independent jury to arbitrate the Brazil United States instant coffee dispute. Nations have eight months to ratify before October enforcement, with UN ratification on March 31.
MENTIONED IN THIS ARTICLE
London
International Coffee Organization
ICO Council
United States
United Nations
Brazil
Glen Alden to Sell Albany TV Station
General Tire subsidiary Glen Alden Corp announces sale of Albany New York television station WAST to RKO c, in a multi million-dollar deal. Details not disclosed as negotiators weigh export tax threats and potential unilateral U S action affecting Brazil coffee exports.
MENTIONED IN THIS ARTICLE
Glen Alden
Albany TV
Brazil
NEW York
Glen al
United States
den Corp
Lima
Peru
ICC
Albany
RKO c
Washington
Rio
ICO
Canada Dry Introduces Sport-Cola National Rollout
Canada Dry Corp unveiled Sport-Cola in New York claiming it is 99 percent caffeine free. President David J. Mahoney said the cola would be marketed nationwide as a natural option in a $3.4 billion U.S. soft drink market where colas make up about 60 percent.
MENTIONED IN THIS ARTICLE
New York
Canada Dry Corp
David J. Mahoney
United States
Also Mentioned on This Page
Main Street Management CO
Post Road
Fairfield
Conn
Walston
Business Telephone
Walston & Co
Main Street
Bridgeport
Madison Ave
Empire Reai
Lean Pastrami
Sly
Delmonico
Amex
NASD
National Association of Securities Dealers Board of Governors
Bunker Ramo
Amtel
John Mlgae
Murray Oahle
Phifo Lifelns Rs Spc
Solitron
Chris Hana
Grumman Abertz
Kellogg Co
Ludlow Corp AF
Murray Ohlo
Phila Lifelns Oe
Initial
Keamey&Treckin AR
Alten Indust
Corp
Bowser Inc Os Ches&Ohio Ry
Lykes Bros
Madison Gas&El BS
Meredith Corp
North Penn Gas
J. L. Hudson Company
Detroit
Fairco
Burr Court
Lineburgh & CO
Canada
City Trust
UO Company
Main, John and
Bank Streets
East Main
Arctic Streets
North End
North Avenue
Stratford Avenue
State Street
Danbury
Shelter Rock
Shelter Rock Road
Stony Hill
Route 6
Payne Road
Milford
Ford Street
Norwalk
Washington Street
South
Stratford Trust
Stratford
Paradise Green
Trumbull
Quality Street
Federal Reserve System
Federal Deposit Insurance Corporation
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