Paper shows decline for Champion Paper and Fibre Co
Champion Paper and Fibre Co reports net income of 2,250,846 dollars or 0.49 a share for the December quarter, down from 3,110,297 dollars or 0.68 a share in 1957. Net sales were 41,856,448 dollars versus 42,295,213 dollars. Six months ended Sept 30 net income 3,442,778 dollars or 0.83 a share, vs 5,985,654 dollars or 1.31 a share in 1957, with other earnings and year comparisons noted for Indian Head Mills Francisco Sugar Co Divco-Wayne Corp Elgin National Watch Detroit Edison Two Guys From Harrison Zeigler Coal and Coke Co. 1958.
MENTIONED IN THIS ARTICLE
Champion Paper and Fibre Co
Indian Head Mills
Francisco
Detroit Edison Co
Harrison,Inc
Zeigler Coal and Coke Co
Rail and utility firms report 1958 earnings per share
Summary shows 1958 nets and per share figures for Gustin Bacon, Delaware and Hudson, Hudson Coal, Minneapolis and St. Louis, Bangor Hydro Electric, and related firms. It contrasts 1958 results with prior year figures, highlighting shifts in net income and earnings per share across multiple companies in the period.
MENTIONED IN THIS ARTICLE
Gustin-Bacon Mfg. Co
Delaware and Hudson Co
Delaware and Hudson Railroad
Hudson Coal& Co
Hige
Minneapolis and St. Louis Railway
Bangor Hydro Electric Co
North American Off For Quarter in 1958 Earnings Report
North American Aviation, Inc. reports quarter ended Dec 1 net income of 5.9 million dollars or 73 cents a share on 8.06 million shares, down from 6.46 million dollars or 81 cents on 8.02 million shares. Sales and other income total 220.83 million dollars vs 222.85 million. Backlog as of Dec 32 stands at 683.11 million, up from 513 million on Sept 30 1958. The report notes it excludes portions of new orders not yet finally committed.
MENTIONED IN THIS ARTICLE
New York
North American Aviation, Inc
Space Agency Awards Rocket Engine Contract
NASA awards Rocketdyne division of North American Aviation a 102 million contract to design and develop a rocket engine with up to 1 500 000 pounds thrust. Work may last four to six years, aiming for a simple dependable booster for the U S space program capable of lifting several tons of experiments.
MENTIONED IN THIS ARTICLE
Washington
Space Agency
Pave Rocketdyne Division
North American Aviation, Inc
National Aeronautics and Space Administration
NASA
Rocketdyne
Stocks Reach Record High On Broad Market Rally
New York investors pushed the Dow to 595.69 and the 60 stock average to 219.60 as gains in airlines, rails, steel and drugs supported a late rally. Volume neared 3.7 million shares with notable activity in American Motors, Parke Davis, and Standard Oil New Jersey amid tax concerns and a 2-for-1 stock split rumor for Libbey Owens Ford.
MENTIONED IN THIS ARTICLE
New. York
Iy Airdkates
North American Aviation
Eisenhower
Wall Street
Congress
Feobenasee
Standard Oil
New Jersey
American Motors
Parke- Davis
American Standard
General Motors
Royal ‘Dutch
National Cash Register
Pan American
World Airnway
Amerean Motors
Libbey-Owens-Ford
Phillips Petroleum
Venezuela
Liggett & Myers
American Tobacco i
Merck
Pfizer
Dresser Industries
Douglas
United Aircraft
U. S
Steel
Homestakes
American Smelting
American Telephone
Youngstown Sheet
Case
du Pont.l
American Stock Exchange
Aerojet- General
Ward
Polaris
Aerojet
Raymond International
Molybdenum
Kaiser Industries
U. S. Vitamin
General Development
New England’ Telephone
Grange U. S
Market Barometer Dividends General Fireproofing Plans Payouts
Market Barometer reports on dividends with a 5c common stock payment due March 13, record Feb 24. Prior quarters paid 21c each and 60c in March last year, totaling 1.20 for 1958. Company aims for a total of 1.00 per share for 1959.
Connecticut Firms Declare Many Stock Dividends and Records
Connecticut Industries lists numerous firms issuing regular quarterly dividends on common shares with payment and record dates. Companies include John BR. Thompson Co, Columbian Carbon, Tempe Usual quar, Fedders Corp, Belock Instrument, Keystone Steel & Wire, Perfect Circle, United States Lines, NY Chicago & St. Louis Railroad, Sun Oil, American Steel Foundries, Hudson Bay Mining, Oklahoma Natural Gas, Emporium Capwell, Philip Carey Mfg, Ayrshire Collieries, Struthers Wells, New York Air Brake, Suburban Propane, Morrison-Knudsen, Central Louisiana Electric, Oak Mfg, Upper Peninsula Power, Gross Telecasting, and Roadstock Car earnings changes noted.
MENTIONED IN THIS ARTICLE
John BR. Thompson Co
Columbian Carbon Co
Spain
Fedders * Corp
Fedders Quigan Corp
Belock Instrument’ Corp
Keystone Steel & Wire’ Co
Perfect Circle Corp
United States Lines Co
New York
Chicago & St. Louis
Sun Oil Co
American Steel Foundries
Hudson Bay Mining & Smelting Co
Canapean Funds
Oklahoma Natural ‘Gas Co
Emporium Capwell Co
Struthers’ Wells Corp
New York ‘Air Brake Co
Propane Gas Corp
Sehr
Morrison-Koudsen , Co
Central
Louisiana Electric Co., Inc
Oak Mfg
Upper Peninsula Power Co
Short interest declines on New York Stock Exchange
Short interest on the New York Stock Exchange totaled 4 381 079 shares as of Jan 15 1959, down 692 277 from Dec 15 1958. The current position marks the lowest since Feb 1 1958, with 5 073 356 shares reported previously.
MENTIONED IN THIS ARTICLE
New York
New York ‘Stock Exchange
William Street Fund’s assets rise to 1958 year end
New York Jan. 20. One William Street Fund Inc reposted net assets at Dec 31, 1958 totaling 276,747,782 dollars or 13.05 a share on 21,207,794 shares. The fund holds 82.7 percent in common stocks with top sectors including public utilities oils and gas and chemicals. Major holdings include International Business Machines International Nickel Republic Steel National Steel and Firestone Tire.
MENTIONED IN THIS ARTICLE
New York
William Street Fund, Inc
Ntternational
Republic Steel
National Steel
Firestone Tire
Southern California Edison Stock Shares Sell Out Quickly
New York filing shows Southern California Edison Co common stock at 60 dollars a share oversubscribed in a 4800,000 offering. Boston Company and Dean Witter & Co. managed the underwriting and announced the books closed after the market debut.
MENTIONED IN THIS ARTICLE
New York
Southern California Edison Co
Birst Boston Corp
Dean’ Witter & Co
Libbey-Owens Plans 2-for-1 Stock Split and Dividend Talks
Libbey-Owens Ford Glass Co directors propose a 2-for-1 split for common stock at the April 21 annual meeting and may raise the June dividend if approved. They declare a 90 cent quarterly dividend payable March 10 with record February 20, and note solid glass sales into 1959. Shares outstanding total 5,225,022 of 10,000,000 authorized.
MENTIONED IN THIS ARTICLE
Toledo
Liberty-Owens-Ford Glass Co
Libbey-Owens
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