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Bridgeport Telegram in Bridgeport, Connecticut

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Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Feb 25, 1958

Page

26

American Motors to Close Two Plants for One Week

American Motors Corp will close its auto assembly plants in Milwaukee Wisconsin and Kenosha Wisconsin for a one week period next Monday. About 5 860 workers at Kenosha and 3 900 at Milwaukee are affected. Production resumes March 10. Weather disrupted car flow and retail deliveries. Rambler sales up 66 percent over last year. Steel industry estimates show weekly production at 1 468 000 tons, 63 percent of capacity.

Detroit American Motors Corp Auro Milwaukee Kenosha Wis R. D. Chapin, Jr Rambler New York American Iron & Steel Institute

Production Seen Rising From Bottom

Steel magazine said production has hit bottom and will rise as conditions improve. It cited better steel demand and low inventories, with a March upturn possible due to seasonal factors and depleted customer stocks. Plymouth Oil Co paid a 30 cent dividend for March. prior quarters offered 40 cents.

Cleveland INS Steel Magazine Metal Working Weekly Rock Bottom Plymouth Oil Co

New York Stocks Mixed in Year End Earnings Reports

Banks and local industries show varied results in a consolidated year end report. Socony Mobil posts 220 million net earnings or 4.62 a share on over 47 million shares. Eastman Kodak reports record 1957 earnings and sales. Walworth and other firms list 1957 nets and per share figures across multiple corporations.

ED Morse New York Eisenhower America Wall Street Associated Press Royal Dutch Lorillard Standard Oil New Jersey Chrysler General Motors Plymouth Nit Douglas Aircraft United States Britain Douglas Eastman Kodak du Pont Radio Corp Zenith Homestake Kennecott American Smelting American Cyanamid Dow Chemical Rio Grande Railroad American Stock Exchange Scullin Steel Thioxel General Plywood Northspan F ‘Anium Arkansas U.S Socony Mobil Oil Co., Inc Eastman Kodak Co Walworth Co Walworth Products Corp Youngstown Steel Door Co Portland General Electric Co State,Loan & Finance Corp I Miles Laboratories,Inc Giant’ Portland Cement Co General, Finance Corp American Snuff Co Chesapeake Industries Inc

Bridgeport Brass declares quarterly dividend on common stock

Bridgeport Brass Co. announced a regular quarterly dividend of 6232 cents per share on common stock. The dividend is payable March 31 to holders of record March 14.

Bridgeport Brass Co

Investment fund figures show mixed earnings and sales decline

In Philadelphia on February 24 mast investors report Armstrong National Stock Series and others with mixed results. The company announced earnings around $2.10 per share for a late 1857 reference, while television electronics and other funds posted lower sales and varied dividends. Overall 1956 earnings reached $13,320,380 with sales near $247.4 million, compared with current totals around $246,528.518.

AlMlaled- Ford Atomic Development Fund Canada General Fund Armstrong Core Fideliy Puna Incorporated Philadelphia Mast Investory ‘Trust Pioneer Fund Com Pany Wellington

PUBLIC UTILITY STOCKS UPDATE

Public utility stocks listed include firms such as Gas, Water, and Electric concerns. Prices show varied bids and asks with several units trading under different quote marks across multiple exchanges and regions.

National Steel declares 75 cent dividend on common stock

National Steel Corp declares a 75 cent common stock dividend with record date March 3 and payment March 13. National Rubber Machinery Co follows with 20 cent dividend payable April and record March 14. Modine Manufacturing omits the annual common dividend as earnings for nine months to Dec 31 show eight cents per share. Strawbridge & Clothier takes no action on the 5 percent stock dividend due to uncertain outlook. regular 25 cent cash dividend paid Feb 1.

National Steel Corp National Rubber Machinery Co National Rubber Modine Manufacturing Co, J Modine Strawbridge & Clothier

International Shoe to Enter Decree Dropping Must Buy Clause

International Shoe Co plans a consent decree to drop the must buy clause from agreements with 1,188 retailers and 382 Shoen terprise contracts. The FTC had charged unfair labor practice in restricting handling of competing brands. The move affects Merchants Service Plan participants and Shoenterprise contract retailers, with a final decree pending FTC action.

ST. Louis International Shoe Co Federal Trade Commission FIC Henry H. Rand

American Exchange and Industrial Names in 1957 Market Notes

A scrambled front page snippet references American Exchange, Kidder, Harvey Hubbell, Kaiser Industries, Pantepec, and United Agrotec Products with various figures like 2.01 and 1.29, indicating a market ledger style listing of stocks or bonds and product mentions amid mid century corporate names.

American Exchange Kidder Set Co American Maracaibosco Harvey’ Hubbell Kaiser Industries Technicotor United

Dividends Declared By Multiple Corporations

A list of quarterly dividends and payable dates from firms including Rhoppers Co Imperial Ltd Joseph Dixon Crucible Wall Street Investing Waldorf System ExCelso-O Martin Co Americam Express Detroit Stamping Flying Tiger Line and U S Track Lines. Record dates range from February to March with payments from 6 cents to 40 cents on common shares and various quarterly or semiannual schedules.

Rhoppers Co. Sec Imperial O1] Ltd Joseph Dixon Crucible Co Wall Street Investing ‘Corp Waldorf System Inc ExCelso-0 Corp the Martin Co Americam Express Co Detroit Stamping Co Flying Tiger Line U.S. Track Lines, Inc

Also Mentioned on This Page

American Motors Socony Mobil Dow Jones Utilities Bond Kodak Beth Steel Tee Ween U.S. Steel Shell Transp Tadeenee Aeeceabas Smith, Ramsay & Co A. M. Kidder and Co Therofare Markets, Inc Royal McBee Corp Whiting Corp Dr. Pepper Co Lipe-Rollaway Corp Pacific Coast ‘Co Pyle National Co Union Asbestos & Rubber Co Waukesha Motor Co Hayes Industries Inc Highlow Abbott Mr Redue Eas Alco Ch & SL Alum Ltd Alcoa North West Airlin Nor Pac Bosch Ib Ley Nor Ohia Any &F Oliver Co Am Gas & Et Fe Pac G & el I &m M & Fay Anny Aly Pan AW Yay Am Motors Anes Am N Gan Pa Pw & Li Am Tel & Ter Pfizer Tov Phelos Ty Ga Phila el Rea Philco Armea Sil Seaan Phil Pet Armour & Co VAL Ifn Apt Aveo RCA Ta Aes Soy Bald Lima Raytheon Ball G Repub Ball & Oh Bendix Ag Rex Drug Benguet Verge I Beth Steel Hey Toh San F Budd Co Yan Bullra A Lechenley Ier Burroughs Schering Sinclair Socony Fe Southerm Co. Lig Dhes & Oh Sperry Reg Svierel Spa&pac Sid Oil Ind Cora Cola Col Palm Gil Oh Colo F & Ir Stautr Cn Colum Gas Tex Tex Pc&o Tex Pol Tr Cosden Pet Textron Crne Co Curtis Pub Tidewat Curtiss Wr Transamer Lada Decca Feax Lita Zor Ale Lin Doug Aire Vary Jnit Aire Cnited Cp Ms Paw Chem i.Jdb Vt Reer Tess Ind el & Mus Firestone Pal Wesan Fey Fen Dynam Ory Weelworth Fds & We Sary Worthington Sh & T Zenith Tad Gillette Goodrich City Trust Or OM Conn Nat Bk Hoodwear Bankers Trust Q Grace & Ca Arty Caeanys Gt Bank of NY Greyhound Chase Mankat'n Chemical-Com Grum Airc VR Empire Gulf of i First N City Bk Guaranty Trust FR Houst Bat Hanover al Ant Howe Snd Irving Trust Jly Wi Inland Johns Man Biv. Tones & Ia Kaiser al Arenes Kennecott Bn Bridecroft Brave Kem Bullard Company Dees Plentan Casco Products McKesson & Robbins Say Raybeytos Incars Loew's Tenuncion Ants Lane & Gas Uneterwond Corp Ve Martin Cn Eob Af Ae Smith Ramsay & Co Raa Reina Insurance Nevia Life RI iMo Pac Monsan Ch Hartford Fire Montoy Rome Insurance National Fire Ig Sige A Co Tnsur Rela i Forman F Dac Cnled State Street Ney Feirfield County Barney's East Main Street Peels Mortgage CO Cmr Actus Ab New Haven Junitea Nium West Mass Co ewMrany Capital Stock CuHas. W. Scranton & Co New York Stock Exchange John ST Bridgeport Westport Norwalk Norman J. Gaynor Arthur O. Jennings Cameo Parking Lot Jeb Street Connecticut Connecticut Industries G. H. Walker & Co Burnay Eng Sts Emhart Fafnir Farrel Birmingham A Aay Handy -Hacman Keriie Safety Industries Cod Stanley Works Torrington Cad Veeder Root National Steel Mr. Rand Fairchester Service Corporation Automotive Leasing Covas SOX Mutual Funds Department Lac Ie Ae Conn Southern New England Telephone United Illuminating Central Maine Power Public Service of New Hampshire Hincks Bros. & CO Main ST Telephone Bridgeport Midwest Stock Exchange
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