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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 28, 1958

Page

16

Zenith Sales Net Sport in 57 Stocks Slip

Revenue freight carloadings by U S railroads for the week ended Feb 22 totaled 492 989 cars, down 24 4 percent from the year earlier. Zenith Radio Corp declared a $1 dividend payable March 31 with a two for one stock split effective March 31 and reported higher 1957 income and sales.

Zenith Washington U.S Association of American Railroads New York Zenith Radio Corp Tthis iShareholders Sl Par Zenith Pressantly Dow Jones Detroit Interstate Pwr Daniele Verdeees U. S Rexall

New York Stock Prices Mixed as Exchanges Fall Slightly

The American Stock Exchange slipped with 610 000 shares traded, down from 680 000 yesterday. Declines included Barnum Steel Fairchild Camera Lake Shoe Mines O Okiep Copper Pacific Petroleums and Technicolor. Advancers were Lukens Food Giant Markets General Tire United Aircraft Republic Aviation Thiokol Arkansas Fuel Oil and Mesabi Iron. Corporate bonds were lower and quiet with government bonds unchanged to lower.

Lukens General Tire United Aircraft Republic ‘Aviation American Stock Exchange Barnum Steel Fairchild Camera Lake Shoe Mines O’okiep Copper Pacific Petroleums Technicolor Thiokol Arkansas Fuel Oil Mesabi Iron USB Tee Rik Lam Aapt Abbett L Obsmith Lew Admire Bna Allied Ch NY Central Ch & SL Toy Alum Ltd SY NH & Hen Alcoa Nia M Pw Co Advance Amerada Nott & Weat Am Bosch Va Interstate Power Company Am Cranly Alaie Benguet UN- Am Tel & Tel Way Ait Shell Angconda Phila el Armco Philco Philip Mora New Jersey Armour & Co Atchison E&g Aly Publick Ind Pullman Ja Anaconda Aveo International Bald Lima Pat G Raytheon Phelps Dodge Ball & Oh Repub Miami Budd Co Ty Royal Bullard Ary Celotex du Pont Burland San Flee Zenith Burroughs Ai Vo Cer Sinclair Tyser Gen Secony 2A Oral Motors International Cen'& SY Southern Chessiée Spiegel Colz Palm Colo F & Ir Colum Gas Sely Sunray Swift & Co Consum el Pd Texas Tex Las Cosden Crane Cn Tex P Ceo T SY Curtis Pub Textron Uw Va Tidewat Wecca Dour Ain Law Any Unitaire Avy United Co East Air Lok UN Gas Co M & Mt Erie RR A Fairch FE Wesly el Wise & Co. Oh Loan Motors Woelforth Gillette Worthington Goodrich Yrest Connecticut G. A. Walker & Co Goodyear Grace & Co A. M. Kidder Amd Cs.hee Mae Bridgeport Brass Bullard Company Houst Lb & P Casco Products Dictaphone Corp Emhart Harvey Hubbell Fafnir Bearng Locke Steel McKesson & Rabbi Farrel Kirmingham Hardy Harman Raybesios Remington Arms Landers Frary Clare Marin Rockwell Tel & Tel Corpor Ae Jet Nerm da Zasty Lehigh Casro" Oy Stanley Works Tertinston Cs Alaracaibe O Vetder Reot Casco Hartey Mupbey Smith, Kamser & Co Kiser Industries Abe VM Mack United Strerett Preavets Marine Is Cat Maine Carine Pubay Merckin Smith Resear & Co Dean Li Mere Bird Gas Aetna Insurance Amer Haven Gas Morvan Fk Nat Buck Peeriess Travelers

Tennessee Gas Financing Plans Two 50 Million Offerings

Tennessee Gas Transmission Co. filed a registration with the SEC for financings totaling 50 million dollars. It includes 36 million dollars of debentures due 1977 and 200 thousand shares of cumulative convertible second preferred stock at 100 dollars par. Market timing targeted for March 25.

New York Tennessee Gas Transmission Co SEC

Vermont appoints first Catholic chief justice

Gen Joseph B Johnson named Walter B Cleary 70 of Newport as chief justice of the Vermont Supreme Court, the first Catholic in 180 years. Cleary will replace Olim M Jefford of Rutland who resigned for health reasons, and Percy L Shangraw 60 of St Albans was named associate justice to fill the vacancy.

Montpelier Joseph B. Johnson Walter B. Cleary Newport Vermont Supreme Court Cleary Olim M. Jefford Rutland Johnson Percy L. Shangraw St. Albans

Avisco Sees 58 Payment Of Chemstrand Dividend

New York February 27 The American Viscose Corp parent funds report a 58 dividend payment from Chemstrand to affiliated funds including Commonwealth Investment and Development Fund. Directors note potential dividend timing changes if 1958 conditions allow and Chemstrand ownership is shared by Avisco and Monsanto.

South Carolina Electric New York South Carolina Electric & Gas Co Avisco Norman F. Davey & Associates Mia Ainedl New York American Viscose Corp Pet Canada General Fund Toga Yiza Chem Commonweath Investment Strand Corp Frank Padi Ae H. Reichel Gerry Tompkins Said Incorporated Investors Maus. Invstrs Grth Sik Nethal Maess Chemstrand Rational Geowthgenies Tooneer Television-Electronics Fund Wellingion Fund Monsanto Chemical Co Avisfoes

First Constitution Links to Connecticut’s Fundamental Orders

Connecticut adopted the Fundamental Orders in January 1639 as part of its early colonial framework. The document reflects one of the oldest written constitutions in the United States, shaping governance in the three original towns.

Connecticut U.S

Anaconda Voters Get Dividends Across Copper Firms

Amecesdz Co the Chile Copper Co Scovill Manufacturing Continental Copper Scovers Consolidated Capber McLellan Wells-Gardner Bulova Renson Corp announce quarterly or special cash dividends with payable and record dates in March and June 1958. Diversified copper and manufacturing stocks trim or maintain payouts amid policy changes.

Amecesdz Co U.S Chile Copper Co Scovill Manufacturing Co Scovill Continental Copper & Steel Industries, Inc Continental Copper It i Consolidated Cap Ber Co McLellan Stores Co McLellan Wells-Gardner &Co Bweva Watch Co Bulova Renson Corp Renson

Dividends Declared by Numerous Firms Including Barium Steel

A rundown of quarterly and monthly dividends on common and preferred shares from numerous companies. Notable items include American Beech Armatorp marching to March record, Union Pacific and Babcock & Wilcox paying April 1, and Barium Steel noting no action on its usual dividend now, with past patterns cited.

Astelteg Agriculturel Chemcal Co American Beech Armatorp Dee. A. S. R. Predwets Corp Bell Telephone Co. of Canada Garfinckel & Co Heifman Electronics Corp Lipe-Beilway Corp Reliance Mfg. Ce Fry & Steamskip Ce Twentieth Century-Fox Films Corp Comutron Universal Match Corp Wessen Oil & Seendrift, Co., Inc Union Pacific Railroad Co Babcock & Wilcox Co American Home Products Corp General Dynamics Corp Republic Aviation ‘Corp Barium Steel New York Barium Steel Corp Barium Republic Industrial Corp

Bank Stocks Pricey From Smith Ramsay Cod

The article notes pricey bank stocks with mention of Smith Ramsay Cod and discusses the largest molybdenum mine at Climax Colorado. It highlights iMolybdenum as a metal used to strengthen steel and ties to mining industry costs.

Smith, Ramsay & Cod Climax Colo

Aerojet General plans 10 for 1 stock split for NY holders

Aerojet General Corp directors approve a 10 for 1 common stock split. Shareholders vote March 26 with record date March 3. General Tire owns 87 percent of Aerojet, about 432000 shares outstanding of 1200000 authorized. 1957 sales reach 161,877,179 and net income 3,818,230. dividends unlikely in next 2-3 years.

New York Aerojet General Corp Dan A. Kimball New York Society of Security Analysts Kimball General Tire & Rubber Co Aerojet i Mr. Kimball Ior J. Mr. Kimball

Also Mentioned on This Page

Tost Associated Press Tennessee - Gas Files Financing Long Island Lighting Long Island Lighting Co Newman Ff E Ches He State CAMEO John Street Chas. W.scranton& CO New York Stock Exchange John ST. Bridgeport Tel Westport and Notwalk Enterprise Revident Manteera Norman J. Gaugner Arthur QC Jennings Investments New Haven Fundamental Investors Investment Bankers Stern Street Bridgeport Edison Geanen New Mayen Seeby Aes Rr HL. Green Ca. Inc Fanstee Corp Cash Register Ce Bush Terminal Cs Mecance Industries, Inc Ihr Sing Cann S Bk Bankers Trust Bank of NY Irving Trust Iaerojet General Mutual Funds Department Noman Financial Consultants — Trustees State Street Conn Sos. State Burritt’s Stratford Johns-Manville Tia
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