Market closes lower after mixed session on gains and losses
The stock market eased after an early advance and finished down with mixed results. Industrials and key clues showed selective gains while sugar, airline, and aerospace issues moved differently. Western Electric and Burlington received Nike spare parts contracts for the Philadelphia Ordnance District.
MENTIONED IN THIS ARTICLE
New York
Jan. N
Higer
Glenn L. Martin
Caterpillar du Pont
International Nickel
International Paper
Amerccan Stocke Exchange
Hazeltine
Molybdenum
Pantepec
Glen Alden
Pepperell
U. S
Washington
Western Electric Co
Burlington
N. C
Nike
Philadelphia Ordnance District
Commerce Dept
Beech Aircraft declares cash and stock dividends
Beech Aircraft Corp. declares a 30 cent regular cash dividend and a 10 percent stock dividend on common stock with Feb. 28 payout and Feb. 7 record. For the quarter ended Dec. 1, 1956, sales exceed $20 million and net income runs about $1.10 per share, compared with $0.72 for the same period in 1955. Mrs. O A Beech notes military and commercial backlog above $190,000.
MENTIONED IN THIS ARTICLE
Wichita
Kan
Beech Aircraft Corp
Beech Aircraft
O. A. Beech
Beech
Refined Sugar Prices Rise in Southeast
National Sugar Refining Co. announces a 10 point increase in refined sugar prices for the Southeast to 8.95 cents per pound effective tonight, with specialty types exempt. Savannah Sugar Refining Corp. initiated the rise at opening today as raw sugar stays firm. Northeast refined sugar remains at 9.10 cents per pound.
MENTIONED IN THIS ARTICLE
New York
National Sugar Refining Co
Southeast
Savannah Sugar Refining Corp
New England firms push expansion plans across region
The New England Council reports Tracerlab Inc plans an 1.8 million Wattham Massachusetts plant near Route 128, shifting Kentucky operations, doubling payroll to about 800, with capital from Massachusetts Development Corp and ARD Corp. Rutland Vermont lands a GE turbine unit, 100 jobs rising to 200, while Pratt and Whitney Aircraft and Hamilton Standard of United Aircraft Corp maintain high hiring as Royal Electric expands in Pawtucket. Holyoke finishes a 700k plant for American Pad and Paper, and Worthington unveils an E Z Deicer wind shield ice prevention device with testing success.
MENTIONED IN THIS ARTICLE
Tracerlab Inc
Route 128
Boston
Kentucky
W. O. Faxon
Tracerlab
Massachusetts Business Development Corp
American Research and Development Corp
Rutland
Vermont
General Electric
New England
Lynn
Mass
U. S
New England Council
Vermont City
Jbe
Rutland Chamber
Campp Merce
Rutland Development Corp
Connecticut
Eeaal Ords
Pratt and Whitney Aircraft
Hamilton Standard
United Aircraft Corp
East Hartford
Conn
Leonard €. Mallet
Erle Martin
Royal Electric Co
Pawtucket
R. T
Max Alperin
Royal
International Telephone and Telegraph Corp
Holyoke
American Pad and Paper Co
Worthington
George W. Humphrey
Worthington Manufacturing Co
Allied Paper plans 21 2 for 1 stock split and par cut
Directors of Allied Paper Corp recommended a 21 2 for 1 split of outstanding stock and a reduction of par value from 20 dollars to 8 dollars per share. The par value change requires stockholder approval at the annual meeting on April 24. Authorized shares total 1,800,000 with 388,277 outstanding.
MENTIONED IN THIS ARTICLE
New York
Allied Paper Corp
St Regis Paper Co. secondary offering oversubscribed
White, Weld & Co. announced a 350000 share secondary offering of St Regis Paper Company's common stock had been oversubscribed and the books closed.
MENTIONED IN THIS ARTICLE
New York
White, Weld & Co
Bt. Regis Paper Company
Aluminium Ltd Sees Record 1956 Earnings in Canada
Aluminium Ltd expects to report record earnings and sales for 1956 after mid March. In 1955 the firm earned 48,193,952 dollars, 4.83 a share, on 9,975,690 shares. Nine months 1956 net rose 15 percent to 42,325,290 dollars, 4.23 a share, on 10,010,888 shares, with sales up to 310,500,943 dollars despite hydro-electric water shortages in Quebec hampering ingot production.
MENTIONED IN THIS ARTICLE
Montreal
Jan
Cj)aluminium Ltd
Dow Jones
Quebec Province
Reynolds Metals Sees 1956 Earnings Rise Over 1955
Reynolds Metals Co projects 1956 earnings near 4.10 dollars a share versus 3.41 in 1955. John H. Krey, VP, told Chicago analysts 1956 earnings may reach about 41 million to 42 million, with 1956 sales likely well over 400 million compared to 384.8 million in 1955. The firm plans 115 million dollars in expansion, and expects no aluminum glut despite rising output.
MENTIONED IN THIS ARTICLE
Chicago
Jan. H
Reynolds Metals Co
John H. Krey
Krey
Socony Mobil Announces Stock Issue for Shareholders
Socony Mobil Oil Co Inc files with the SEC to issue 4.38 million shares of its 15 par stock. Record holders as of Jan 30 may subscribe one new share for every ten held, Morgan Stanley as principal underwriter. Proceeds support general corporate needs. capital expenditures planned at 475 million dollars in 1957.
MENTIONED IN THIS ARTICLE
Washington
Socony Mobilli! Co. Inc
SEC
Morgan Stanley & Co
Socony
Unclear 1934 securities list fragment
Fragmentary OCR lists several company names and prices from a 1934 securities page, including American Maracaibo, Casco Products, Electric Bond, Harvey Rubbell, Kaiser Industries, Singer, Technicolor, Tile Routing, and United Aircraft Products, with various quotes and annotations.
MENTIONED IN THIS ARTICLE
American Exchange
A. A. Eidder & Co., Inc
American
Gasoline and oil prices rise in 25 states and DC
The Texas Co raises prices on gasoline kerosene light heating oils and diesel by one cent per gallon across 25 states and the District of Columbia. Pure Oil also boosts prices by one cent across most of its 24 state marketing area. Niagara Mohawk outlines terms for convertible debentures valued at 31.75 a share with $30 million in loan repayment and construction funding.
MENTIONED IN THIS ARTICLE
New York
Tan
The
Texas Co
States
District of Columbia
Arkansas
Louisiana
Tennessee
South Carolina
North Carolina
Virginia
West Virginia
Maryland
Delaware
Pennsylvania
New Jersey
Indiana
Illinois
Michigan
Wisconsin
Minnesota
Iowa
Missouri
Kansas
Nebraska
North Dakota
South Dakota
Colorado
Wyoming
Montana
Chicago
Pure ‘Oil Co
Lave
Also Mentioned on This Page
Wall Street
Etree
Royal Dutch Ree
Amer Avia
U. S. Steel
Pillsbury
Nune-Bush Shoe Co
Maine Public Service Co
Wells Fargo Bank
San Francisco
Mont D Ut
Admiral
Monter
Mont Ward
Wy Am
Alco Prodas
el Paso Electric Co
Allez Co
Motorola
Allied Cn
Allied
Security National Bank
Hunt
Altim Oy
New Eng el
Bosch
NY Central
Hudson & Manhattan Railroad
NY Ch & SL
NH & Hart Ao
Heey AlNay
Motors Uh Ot
A Nor Ste Pr
Ay Ghia Edis
Empire Trust Co
N. Y
Oliver Co
Pac G & Eb
Atchison
Phelps
Phila
General Motors
Prilarenee
Jan Retin
Philip Mor
Tay
Arvoo
Loew's
Balt & Oh
Ie Onon
Bendix Av
E&g
Ny Am Benguet
Vertientes-Camaa
RCA Vatee
Borden
Raytheon
Bors
Repub
Avco
Budd Co
Rex Drug
United Corp
Bullard
Reyn Mot
Alas Corp
Burroughs J Ss
Richida
Carer ‘Trac
Cen & SW
Ife Aay
Schering Ja
Ao Sinclair
Socany Ta Es
CIT Finan
Lottes Sve
Go¢ Souther Co
Clumax Mo
Tir
Coca Colm Sa
Sperry
Cola F & Ir
Spiegel Ve
Col Brd
Col Gas
Italy
Swit & Co
Crane Co
Tex
Deereite
Tidewar
Bet
Transamer
Dress Ind
Jdu Pont Ate
el & Mus
United Cp
Erie BR
Ain
M& M
US Steel
Walker & Co
Ant
Vanad Co
Gen Motors
Aly Ie Va
Gilette
Goodrich
Arrow-Hart
Dictaphone Corp
Grim Atre
Yngatsh & Ta
Guomcoe
Zeniin
Ferre
Birminghem Os
Handy Harman
L&p
Preestrom Smita
Ramsay & Co
Landers
Frary Erx
Northeastern Steel
Fars
iBankers Trust
Bay Oo Menatem
Nock T
Bank of Ny
Chase
Peter Paul
Plumetwood
I Chemicalcom
Empire
Jones de
Stanler Works
Kaaser
Veranty Trust
Torrington Co Kesnerot
Atk Veeder Root
T'S
Wrover Bk Ny
Irving Trust
Letlign Cax O Tay
A.M. Kidder & Co
Bet Hydraulic
Larulard Pte
Mack
Ruttard Company
Conn Water
Cates
Hmd Bee le
Marine Mid
Martin Glu
Way
Merck
Harvey Hubbell
McKesson & Robbing Fsiver Haven Wat JJ
Mo Kan Tex
Remington Army
Tex East Tran Que
Mo Pac A
Underwood Corp
Trncnt Gas
United
Morven
West Mass Co
Emith, Ramsay & A
N. E. Business Roundup
Pioneer Atomic Instruments
Wattham
Holyake Water Power Co
Allied Paper
ST. Regis
Aluminum Ltd
Socony Mobil
Norman F. Dacer & Associates
Smith, Ramsay & Co
Atom
Development
Asted Commonwealth Tavest - FH
Aetna Insurance
Acing Life
Waton & Howard Bal
Amer Fid
Fundamental Investors
Conn Gen Life
Incorporated Investors
Hartford Fire Mass
Investors Trust
Pioneer Fund
Seauriy
Wellington Fund
Ivy League
Main Street
City Savings Bank
Agara
Niagara Mohawk Power Corp
Harriman Ripley & Co. Inc., and Associates
Maine
Meigs
Mie
America
Shetland
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