Proxies Sought by Kress Foundation Directors Nominees
Herbert L. Spencer of the Samuel H. Kress Foundation announced plans to solicit proxies for a Foundation slate of directors at the Kress annual meeting on May 13. The Foundation owns about 42 percent of Kress stock, with 995,064 shares held of 2,331,734 outstanding. Spencer indicated the activity may include soliciting proxies for all Foundation nominees.
MENTIONED IN THIS ARTICLE
New York
Herbert L. Spencer
Samuel H. Kress Foundation
Kress
SEC
Spencer
Kress Foundation
Foundation
Mress Foundation
Kress Company
Big Utility to Seek 130 Million Dollar Capital
Public Service Electric and Gas Co plans about 130 million dollars in new capital in 1958 to finance part of its building program. At the start of 1948 the company had roughly 346 million earmarked for construction, with 318 million for electric facilities and 28 million for gas facilities. The report notes an expected uptick in spending this year across multiple projects and later years.
MENTIONED IN THIS ARTICLE
New York
Public Service Electric & Gas Co
Casey
Harvey Hubbell
By - Kaiser Industries
Panlepec
Singer
Connecticut Issues CONNECTICUT INDUSTRIES Prices
Connecticut issues a report on local industries with prices cited from G. J. Walker & Co. The document lists current market figures and industrial activity reflecting state commerce.
MENTIONED IN THIS ARTICLE
Connecticut Industries
G. J. Walker & Co
Market Up Rally Ends Five-Day Slump on NYSE
The New York Stock Exchange rose about 1 percent today, boosting quoted values by roughly a billion dollars as the AP average climbed. Brokers described it as a technical rebound with Selective strength late in the session and short covering following last week’s high short interest. All 14 most active stocks gained, with key issues up fractionally to two points.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Associated Press
Stock prices in New York for Mesta Machine Co
New York price figures show Mesta Machine Co reporting 1957 net earnings of 6,454,076 dollars or 6.45 dollars per share versus 4,284,797 dollars profits and 4.38 dollars per share in the prior year.
MENTIONED IN THIS ARTICLE
Mesta Machine Co
Mutual Funds Closing Prices From Norman Nacey Associates
A brief market note reports closing prices for mutual funds and notes a rise in U S government bonds in over the counter dealings. The item cites Norman Nacey & Associates as the source of the data.
MENTIONED IN THIS ARTICLE
Norman FL
Nacey & Associates
U.S
Diamond T Directors Accept White Offer to Buy Assets
Chicago February 26 Diamond T Motor Car Co directors voted to accept White Motor Co offer to buy certain assets of the company.
MENTIONED IN THIS ARTICLE
Chicago
Diamond T Motor Car Co
White Motor Co
Insurance Stocks Mixed In 1957 Returns Across Firms
The period shows Baxter Laboratories earning a net of 1 061 900 or 1.97 a share on 538 930 shares while Marcell proa lis posts 28 465 803 or 3.05 a share on 808 039 shares. Savannah Sugar Refining Co reports 1 863 868 or 8.52 a share versus 1 119 465 or 9.69 a share. Allied Artists Pictures Corp. posts a 26 week net of 172 000 versus a 452 000 loss after a 46 000 tax credit. Buffalo Forge Co records 2 107 783 or 3.24 a common share against 34 QRS or C207 a share. Time Corp. shows 1957 net 834 060 or 1.70 a common share versus 1 972 148 or 3.97 a share. Daily Machine Specialties reports a six month loss of 197 000 against a net of 856 000. Grayson Robinson Stores six month net ends Jan 31 at 442 414 or 0.93 a share on 688 600 shares versus 618 335 or 0.80 a share on 778 805 shares.
MENTIONED IN THIS ARTICLE
Fed
Tadusiinis
Rails
Eeeaae
Corp
Utilities
Eennie
Meneieinnion
American Brake Shoe Co
Textrea Imc
Benguet
Gen Motors Ateennnes
Royal Dutch Ee Oe
Bethlehem
Moat ET Veer
PeneDixle Cement Carp
Safeway
Sarr
Mais
Defense
McElroy
Medusa Portland Cement Co
Abbott L
Air Reduc
Moat Ward
Ate Prod i
Allez Lud
Motorola
Allied Laboratories Inc
Allied
Wy Jay
Nat
Eisenhower
American News Co
Akwa
Am Bosch
AY Central
Boho Aluminum & Brass Corp
Wall Street
Am Bi Par
North West
Webcor Inc
Fidelity Fund
Nor Pac
Wee
West Virginia Pulp & Paper
Mass
Ohia Edis
Cor Mass
Investors Trust
Tel
Ohie
Oliver Cp
Alu
Pac G & el
Television Electronics Fund
Armeco Su
Pan A
McGraw-Hill Publishing Co
Wellington
Armour & Co
Pepsi Colace
California
Atchison
Pitzer
U.S. Steel
Auest
Oliver Corp
Phelps D
Aly
al Ayter
Relin
BT Bay
Phila
Lorillard
Ove OM
Philco
Phill Pet
Baitt & On
Bendix Av
Benguet Dsesaee
Proct & G
General Motors
Beth Steel
E&g
Boeing Air
Publick Ind
al Thy
Pullman Ja . Ary
AT Oil
New Jersey
Borden
Colorado Fuel & Tron
RCA
Penn-Texas
Burroughs
Rohr
Royal Cut
Way
Wheeling Steel
Safeway Bt
San Far
Iraoe
Reg Pap
Cettteeddies & Oh
Schentley
Ae OM
Youngstown
SIM
Vn Schering
CAM Sp&pac
AL RE
Lukens Chrysler
Republic
CIT
Shell
Coca Cola
Sinclair
Coly Palma
Socony
Colo F & Ie
Sau Ca Edis
I Sry
Sie Sim
Col Bri
Southern Co
Boeing
Sperry
Ted
Lockheed
Mar- Ccomw
Vo Solonel
South Cent Oil
Stan War
Ern Railway
Goodyear
Coffen Pet
WY Stud Pack
Union Crane Co
Va Curtis Pub
M Sanray
Curtiss Wr
Swift & Co
Texaz Co
Decca
Teere
American Stock Exchange
Dame
Textron
du Pont
Firth Sterling
Wright-Hargraves
Pacific Petro- Fast Air Lobb
Ava
Erie RR
Firestone
Bay
United Co
Gen Esnam
Gen Motors
Vanad Co
Gillette 2A
Goodrich
Penn
West UN Tel S
Wesig A
Wesig A Bk’ 1-20 13 704, 20% Grace & Co
Airy
Wes Fl
Winton & Co
Pr Greyhound
Woolworth
Worthington
Voss Tayay
Yngst Sh
Homestic
Merlin
Zenith Raaga
Diamond T
Houst L & PF
Howe &N
Rox Med
Mare
Aetna Insurance
Nick
Johny
Hartford Fire
QI Jones & Tysb
Spa Chase
Kaiser AL
Accord- Kennecott Ba
Kem
Lehigh Ca
Bir
Atre
Orly Br
Tann
City Trust
Rankers Trust Qi
Bridgeport Brass
Crase Mankal
Marine Mid
Railarnd Company Vom
Boo
En ‘Martin Cr. V
Cixco
Aypire
Mengel
iPrieet
GOO Harvey Mobeekt
Ais
Ad Focke Street
Hanover
Bex
Merr Chas V.fch
McKesson & Robbins
Raybestes Inc
Remington Arms
Core
Monsan
Chile
Nezoo Laneircraft
Baxter Laboratories
Ceanuks
Marcell Prca AI Lis
Savannah Sugar Refining Comp
Allied Artists Pictures Corp
Eee Time Corp
Daily Machine Specialties, Inc
Grayson-Robinson Stores, Inc
Hat Corp of America posts higher six month sales
Hat Corp of America reports first half sales running about 7 percent above the prior year. Bernard L. Salesky says no figures or earnings estimate given. For six months ended April 38, 1957, earnings were 319,591 dollars or 42 cents a share.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Hat Corp of America
Bernard L. Salesky
Salesky
Dividends Declared And Payment Dates For Numerous Corporations
A list of quarterly dividends with amounts on common stock, payment dates, and record dates for numerous companies including West Virginia Pulp & Paper, Pacific Cement, Norris-Fhernador, Amphenol Electronics, and McGraw-Edison. Some entries note previous quarter parity or yearend adjustments. several specify payments in March and April with varying record dates.
MENTIONED IN THIS ARTICLE
Prophet Ce
Seawat Associatioen
Taylor Instruments Cos
Webcor Inc
West Osle Gas Co
West Virginia Pulp & Paper Co
Wyckett Steel Co
Sylvasia Electric Products Inc
R.H. Macy & Co Inc
Lone Star Cement Corp
Arnold Constable Corp
Reed Rebel Bit Co
United Merchants & Manufacturers Inc
Maine Public Service Co
McGraw-Edison Co
Merchants Refrigerating Co
F. E. Myers & Bro. Co
New Jersey Natural Gas Co
Norris-Fhermador Corp
Pacific Cement & Aggregates, Inc
Pacific Intermountain Express
Pennsylvania Power & Light Co
Corp
Dayton Malleable Iron Co
Draper Corp
Duke Power
Family Finance Corp
Farrelt Birmingham Co
Hibbard Spencer Bartlett & Co
Philip Morris Inc
Mark Rockwell Corp
Celanese Corp of America
American Bank Note Co
Top bid submitted for Snet debentures
New York February 4 DJ White, Weld and Kidder Peabody jointly bid today for 30 million three thousand three dollars of Southern New England Telephone debentures due 1991. The group offered 141,508 for 4 1 4 percent coupon and expects to reoffer at 102 279 to yield four percent.
MENTIONED IN THIS ARTICLE
New York
White, Weld & Co
Kidder Peabody & Co
Bisl
Southern New England Telephone Co
Northwest Bancorp Plans to Sell Convertible Preferred Stock
Northwest Bancorporation aims to raise 10.6 million by selling 106 430 shares of new 100 par convertible preferred stock to common stockholders at the annual meeting March 27. Goodrich Lowry says 106 439 shares would be offered for one for 16 common shares with terms set before the offering. First Boston Corp and Blyth & Co Inc are negotiating underwriting.
MENTIONED IN THIS ARTICLE
New York
Northwest Bancorporation
Goodrich Lowry
First Boston Corp
Blyth & Co. Inc
Electric Output Up in New York Week End Feb 2
Electric energy produced by the industry rose to 12.338 billion KWH in the week ended Feb 2, up 3 percent from a year earlier. The Edison Electric Institute reports the latest week index near 234.8, with prior week 234.9. A 374 cent quarterly dividend on Rock common stock is declared payable March 20 1958 to holders of record March 10 1958.
MENTIONED IN THIS ARTICLE
Chicago
Bendix Aviation Corp
Malcolm P. Ferguson
Persident
South Bend
Bendix
New York
Electric Light and Power Industry
Edison Electric Institute
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Bendix Aviation
Ferguson
American Exchange
A. M. Kilder and Co., Inc
Chas. W. Scranton & Co
John ST
Bridgeport
Westport
Norwalk
Enterprise
Norman J. Gaynor Arthur
Jennings Investments
New Haven
Cameo Parking Lot
John Street
United
Cileco Building
State Street
Fairchester Service Corporation Automotive Leasing
Cann
PB. G
Antenna Supplies
Fairfield County
Barney
East Main
Esol Sas
STATE
ED Hi Eipa
Connecticut
Dictapiane Corp
Embart A Ree Ag
Fatnie Bearing
Farrel Birmingham
Handy Harman
Kerite Bee
Bine Dee
Landers
Frary Clark
Marlin Rockwell
New Britain Machine
North Judd
Peter Paut A
Plume Atwood Reese
Stk
Safety Industries i
Stanley Works
Bot Hydraulic
QI Wwro
Cnirl Maine Pw
Catrl Vt
Hild Gas
New Haven Gas
Fouth
Tenn Gas Trans
Tex East Trans
Transcat Gas
United Thume
Dow Jones
Olin Mathieson
Diamond T Directors
Okay White’s
Smith, Ramsay & Co
Eeverge
Buffalo Forge Co
HAT Corp
International Salt Co
Murray Deep
America
Hercules Powder Cs
General Railway Signal Co
Delaware and Hudson Co
Gaus Corp
Compecticut General Life Insurance Co
S Inc
Northrop Aircraft
Arvin Industries, Inc
General
Cable Corp
H. C. Behack Co
Miami Copper Co
Snet Debentures
Northwest Bancorp
Robertsmaw - Fulton ‘Controls Company
Richesad, Ve
James A. Witt
Jays
Val, Én
Sais
Stuarts Men's Wear
Main ST
Stratfield