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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Feb 26, 1958

Page

12

Anacon Lead Mines Stock Suspended by Am Ex

The American Stock Exchange suspended dealings in Anacon Lead Mines Ltd stock amid circulating rumors about Canadian gold reserves. Exchange officials said the rumors were unverified and attempts to contact the company had failed, with volume and price showing volatility prior to suspension.

New York American Stock Exchange Anacon Lead Mines Ltd Capital Stock Exchange Canada Dome Mines Campbell Red Lake Homestake Penn-Texas Leopold Silberstein Peoria and Eastern Railway Goodrich Douglas Aircraft International Gypsum Youngstown Sheet U.S. Steel Chrysler Ford Amerada Paramount Cenco Instruments Creole Petroleum U. S. Foil B Thikol Molybdenum U. S

Connecticut Industries Prices From Walker Company

Prices from G H Walker and Company list current values for Connecticut industries. The report notes market activity and shifts in industrial commodities across the state.

Connecticut Industries G. H. Walker & Co

Public Utility Stocks See Mixed 1957 Earnings Results

F. W. Weelworth Co reports record sales but earnings drop to 33.36 million dollars or 3.44 a share on 823.9 million in sales. Other firms show varied results with Rockwell Spring & Azle, Interstate Bakeries, National Gypsum and more posting higher sales or earnings per share.

Talks Broken Off on Merger Proposal

Pasadena Calif February 25 Consolidated Electro dynamics Corp and Cenco Instruments Corp of Chicago say merger talks are cancelled. Joint announcement by Consolidated Board Chairman Philip S Fogg and Cenco president Alfred A Stretsin cites impracticality of merging personnel as the main reason.

Pasadena Calif Consolidated Electrodynamics Corp Cenco Instruments Corp Chicago Consolidated Board Philip S. Fogg Alfred A. Stretsin Cenco Fogg Consolidated Electrodynamics

Erie Railroad Omits First Quarter Dividend on Common

Erie New York Feb 23 Directors omitted the first quarter dividend on common stock and said further dividend consideration must await improved business and earnings. The line also skipped the final quarter last year. In 1957 September the road paid 25 cents, versus 37 12 cents in June and March. The railroad posted a net loss of 887 136 for January against 244 904 or eight cents a share in the same month a year ago.

New York Erie Railroad Erie

Market Barometer Wall Street Down Fifth Day

The stock market fell for the fifth straight day but late trading offered some relief as volume picked up and turnover reached a level not seen since Thursday. Early trading showed a sluggish decline with only faint signs of recovery later in the session.

ED Morse New York

Continental Baking Converts Debentures to Stock

Continental Baking Co's 3 58 per cent subordinated debentures due 1958 will convert into common stock at $32.50 per debenture share through Feb 28, then funds rise to $34.85 by 1961 and $36.73 through 1965 with possible adjustments. Wall Street mixed with declines in most major groups, gold stocks favored, and dividend cuts noted amid modest gains for a few leaders.

N.Y Dj-Continental Baking Co New York Trust Co Wall Associated Press Lorillard Standard Oil New Jersey Benguet Royal Dutch General Motors

Dividends Listed for Many Corporations in Spring Payouts

A long list of quarterly and regular dividends with amounts on common stock, pay dates in March and April, and record dates ranging from February to March, includes Oliver Corp, Harsce Corp, Curtis Publishing, Peoria & Eastern Railway, Barber Oil, W. T. Grant, Ideal Cement, Ruberoid, Union Bag Camp Paper, Walter E. Heller, Alce Products, Ranco, Montrose Chemical, North American Cement, Pan American Sulphur, Pittsburgh Fort Wayne Chicago Bay Co, Vietor Equipment, Glidden, George A. Faber, Fritz W. Giltech, Harold, McDeannell Aircraft, American Home Assurance, Blue Diamond, Chicago South Shore RR, Commonwealth, National Lead, U S Freight, Food Fair Stores, Teaneam Power, Newmont Mining, Merck, Chance Vought, El Paseo Natural Gas, Aldens, Kroehler, Son Chemical, with variations in amounts and stock classes noted.

Law Teast Abbott L Monsan Alco Allied Ch Motorola Allied Grea Atun Alcoa Ay Am Boschb NY Central NY NH & Hert Am Gas & el Nia Mopww Lao Am Motors North West Nor Pac Sreeene AE Am Smelt Ohio Ing Co Olin Oliver Cp Am Zinc It Ak Pac G & el Consolidated Inc Anaconda Armco Pw & Lt Balatoc Mining Co Pepsi Cota Alchiton Tn Ar Controls Co. of America Phiico Bald Lima Philly Mer Phill Pet Federal Pacific Electric Co Bea E&ac Beth Steel Boeing Air al Va Publick Indy Kennametal Inc Borden Ely RCA Briggs Budd Co Pacific Gamble Robinson Co Bullard Republil Rex Burroughs Bohr Aire Ing Ltd Bafeway SG San Fay Cen & SW Rehr Schenley FRY Am Schering AL ER OY Ches Spapac Sears Roek Shell OU Boston Herald-Traveler Corpse Ciy Finan Sinclair Colm Palm Southern Co Flying T. Line Inc Colo F & Ir Comsolv Vt Va Klein Dept. Stores Inc Stauff Colden Pet Crane Co Curtis Pub Curtiss Wr Decca du Pont East Air Lib el & Musese Wang Emer Air Lin United US Steel Gen Motors Goodrich W Penn el Goodyear West UN Tel Westy A Bk Grace & Co West el Olly Wilson @ Co Greyhound Woolworth Grum Aire Gult Moy & O Hay Worthington Zenith Vaz Herden Tel & Tel Johns Man BSN Jones & L Kaiser al Kennecott Lehigh Ty McNeal BN Liga & My Loew's Lay Am Lone @ Gas Lorinart Marine Martin Co Merck la Oliver Corp Harsce Corp Curtis Publishing Co Peoria & Eastern Railway Company Barber Oil Corp Ruberoid Co Union Bag-Camp Paper Corp Walter E. Heller & Co Alce Products Inc Ranco Ing Montrose Chemical Co North American Cement Corp Pan American Sulphur Co Pittsburgh, Fort Wayne Chicago Bay Vietor Equipment Co Peae-Dizie Cement Corp Rez Glidden Co Reg Quac Soc George A. Faber Co Fritz W. Giltech & Sena Inc Hareld Co McDeannell Aircraft Corp American Home Assurance Co Blue Diamond Corp Chicago South Shore South Bend Commonwealth Whan Ae National Lead Co U.S. Freight Co Reg Guar Food Fair Stores Inc Te Eeam & Power Co Newmont Mining Corp DOW Jones DIV Merck & Co Chance Vought Inc el Paseo Natural Gas Co Aldens, Inc

Rolock Workers Share $13 381 in Profit Plan

Fifty four employees of Rolock Inc Fairfield shared 13 381 distributed last night in the firm's annual profit sharing. Roger P Welles presented shares at a dinner in the Fairfield Inn. Shares based on length of service and earnings. employees with at least two years eligible.

Rolock Inc Fairfield Roger P. Welles Fairfield Inn Welles Johan Stawarkey Frank Liburdi Michael J. Wanat

Tennessee Gas Nets 41 Million in Year

Tennessee Gas Transmission Co. reports for the year ended January 31 consolidated net income of 1,745,351 dollars or 2.53 dollars per share on 14,715,092 common shares. Operating revenues were 19,400,869 dollars with 33 cents a share from nonrecurring profit on asset sales.

New York Tennessee Gas Transmission Co Canadian Oil and Gar Properties Tennessee Trans- Canada Pipe Lines, Ltd

Commercial Solvents Cuts March Dividend

Commercial Solvents Corp reduced its March quarterly dividend to 12 1 2 cents on common shares. 1957 earnings fell despite higher sales with net income of 1 449 638 dollars or 53 cents a share versus 32 974 960 dollars or 1 09 a share in 1956. Sales reached 65 931 804 dollars against 62 579 560 dollars. The dividend payable March 31 to record holders March 5.

New York Commercial Solventa Corp

Mt. Vernon Mills Declares Dividend for March Payout

Mt. Vernon Mills Inc declares a 74 cent per share common stock dividend payable March 15 to shareholders of record March 7. This follows a pattern of steady payments in prior quarters.

MT. Vernon Mills Baltimore Vernon Mills Inc

GM Lays Off 138 Framingham Workers

GM in Framingham Massachusetts announced layoffs at the local assembly plant noting seasonal factors and overall market conditions. About 1,150 workers remain on the payroll though 138 are affected by the cutback.

Framingham Mass General Motors Corp

Also Mentioned on This Page

Anacon Lead Mines, Ltd Esscom Uletaphone Corp Emhart Fafnir Farre Birmingham Braith, Ramsay & Co F. W. Weelworth Co Deonglas Aircraft Co Rockwell Spring & Azle Co Interstate Bakeries Corp Curtis Co Harbison - Walker Refractories Co National Gypsum Co Ly Coal Co Dir. Bie Cutrl Maine Catrl Vt Conn Water Nails Elec Bird Gaz Hous Pub &Y New Haven Say South NE Tele Tenn Gas Trang Qi Tex East Trans Transent United Mum West Mayr Co M Newman Dacey CILCD Ila State Street Batowin Pearson Realtors Eten Smith Ramsay Bri Aste City Trust Nat Bk Bankers Trust Chase-Manhal'n Chemical-Corm Empire Fist City Bk Ny Guaranty Trust Hanover Irving Trust Mfrs US Trust Erom Norma F. Dacey & Associates Atomic Developm Fund Canada General Commonwealth Investment BSB Fidelity Fund Fundamental Investors Incorporated Investors Mass. Invatrs Brth Sik Mass. Investors Trust Pioneer Fund Television-Electront Wellington Fund Wall Street Dow Jones Bette Camp Red Lake Westinghouse Local Industries A. M. Kidder and Co., Inc Ngs American Chain Bridgeport Brass Bullard Company Cusco Crane Company Harvey Hubbell Ves Locke Steel McKesson Robbins Raydestos Inc Retaingt Underwood Corp United Aircraft W. T. Grant Co Caasca Mills Co Usaal Ideal Cement CO Smith, Ramsay & Co Ashes iAeton Insurance Attna Life Amer Bridgeport Gas Housatonic Public Service American Exchange Frew A. M. Miter Smd On, Inc American Tennessee Gas COMM Southern New England Telephone United Iluminating Central Maine Power Public Service of New Hampshire Hincks Bros. & CO Main ST Bridgeport Conn Eport Edicon MET West Stock Exchange
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