North American Aviation Gains Sharply in December Quarter
North American Aviation reports December quarter net income of $2,834,413 or $1.73 a share, up from $1,431,080 or 95 cents in the prior year. Canal-Randolph, Outboard Marine, Container Corp., Raytheon and other firms show varied earnings for the period.
MENTIONED IN THIS ARTICLE
North American Aviation, Inc
Outboard Marine Corp
Canal-Randolph Corp
Sare Container Corp. of America
SIS
Case Co
Aloss
Great Northern Paper Co
Francisco Sugar lists its assets
Francisco Sugar Co in a stockholders letter for the year ended Oct 31 1961 states U S assets totaled 173 748 with 150 000 in Treasury bills 11 154 cash and 42 594 receivables The Cuban property holder says accounts books were seized and shares are not traded on the New York Stock Exchange No hearing on delisting has been held by the SEC The firm filed claims against Cuba for 56 940 597 and Cia Cubana Primadera seeks 6 290 000 Francisco Sugar owns about one third of Cubana Primadera.
MENTIONED IN THIS ARTICLE
New York
Francisco Sugar Co
U.S
Treasury
B. Rionda Braga
New York Stock Exchange
Braga
Securities and Exchange Commission
Francisco Sujar
Cuba
CIA Cubana Primdera
Francisco Sugar
Cubana Primadera
Stock Market Ends Mixed As Dow Rises Slightly
Wall Street posted a mixed close after a modest early gain. The Dow Jones average rose 1.26 to 701.93 as volume held steady at 3.81 million shares. the Associated Press index gained 0.10 to 253.20 while leaders faded and several issues fell.
MENTIONED IN THIS ARTICLE
New York
Congress
Wall Street
Associated Press
Kennedy
Polaroid
Xerox
Zenith
Litton Industries
Puerto Rico
Dominican Republic
Washington
Dow Jones
Shade Wade Teas Dasa
Burlington Industries buys majority stake in Erwin Mills
Burlington Industries Inc acquires a majority stake in Erwin Mills Inc for 230 a share and offers to buy all remaining shares at the same price. J Spencer Love, founder, chairman and president, died suddenly in Palm Beach Florida. Erwin Mills reported sales of 67.696 million for year ended Sept 30 with 1.084 million shares outstanding.
MENTIONED IN THIS ARTICLE
New York
Burlington Industries, Inc
Erwin Mills, Inc
Erwin
Burlington
J. Spencer Love
Palm Beach
Fila
Love
Burlington Industries
Erwin Mills
H Burlington
Steel Output Rises in Week Ended Jan 20
Steel production totaled 2,341,000 net tons for the week ending January 20, up 181/2 percent from 2,300,000 tons the prior week. Year to date output reaches 6,935,000 tons, compared with 4,342,000 tons a year ago.
MENTIONED IN THIS ARTICLE
New York
American Iron & Steel Institute
Boston Edison Plans 2-for-4 Split With Higher Dividend
Boston Edison Co proposes a 2 1/4 for 1 stock split pending stockholder and public utilities approval. The plan would add 2.14 shares per old share and raise the quarterly dividend to 33 cents, equivalent to 2 44 cents on the present common. Net income for 1951 was 14.93 million with 4.35 a share on revenues of 133.13 million. The regular 15 cent quarterly dividend remains on the new stock.
MENTIONED IN THIS ARTICLE
Boston
Boston Edison Co
Charles F. Avila
Boston Edison
Massachusetts Department of Public Utilities
Avila
Avco Reports 30 Percent Earnings Gain in 1961
Avco Corporation reports net earnings for 1961 rose 30 percent to a record high of 12,982,052 dollars, or 1.24 per share on 10,511,560 shares. Sales for 1961 totaled 323,152,012 dollars, up from 322,744,957 dollars in 1960, with government business at 63 percent of sales and industrial and commercial at 37 percent.
MENTIONED IN THIS ARTICLE
Avco Corporation
Consolidated
Kendrick R. Wilson, Jr
Avco
James R. Kerr
Truax-Traer
Grace plans to buy Cosden assets in $35 million deal
iW R Grace & Co says it will acquire Cosden Petroleum Corp assets in a transaction valued around 35 million dollars Grace already holds 42 0 percent of Cosden with 3 014 230 shares bought at 25 a share in 1960 The remaining 1 427 548 Cosden shares would receive about 24 dollars per share depending on final appraisals and adjustments
MENTIONED IN THIS ARTICLE
New York
WR. Grace & Co
Cosden Petroleum Corp
Cosden
West Texas
Grace
Southern California Edison Shares Offered on Market
New York Jan 22 DJ First Boston Corp Dean WIller and associates offer 1,500,000 shares of Southern California Edison Co common at 2.55 with a 0.50 selling concession. Proceeds to retire outstanding short term bank loans totaling about 45 million dollars.
MENTIONED IN THIS ARTICLE
New York
First Boston Corp
Dean Willer & Co. and Associates
Southern California Edison Co
Diebold Proposes 4-for-3 Common Stock Split
Diebold Inc. directors propose a 4-for-3 split subject to stockholder approval at the annual meeting on April 2. The plan would increase authorized shares to 2,000,000, with one new share for each three held, payable May 8 to record April 10. As of Sept. 30, 1964, 723,246 shares were outstanding.
MENTIONED IN THIS ARTICLE
New York
Diebold Inc
Diebold
Massachusetts Turnpike Extends 12 Miles Into Boston
The Massachusetts turnpike authority announced it placed an $180 million revenue bond issue. Underwriting was led by Allen & Co. Tripp & Co. and Merrill Lynch Pierce Fenner Smith. Proceeds fund a 12 mile extension of the turnpike into Boston.
MENTIONED IN THIS ARTICLE
Boston
Massachusetts Turnpike Authority
Allen & Co
Tripp & Co
Merrill Lynch, Pierce, Fenner & Smith Tac
Du Pont Reports 1961 Earnings Rise to Record High
Du Pont de Nemours and Co reports preliminary 1961 net income of 418 million dollars or 8.88 a share, up about 10 percent from 1960. Sales reach a record 2.191 billion, up 2 percent, with fourth-quarter sales a quarterly high of 563 million, aided by higher operating earnings and cost reductions though offset by lower selling prices.
MENTIONED IN THIS ARTICLE
Philadelphia
E. I. du Pont de Nemours & Co
du Pont Company
General Motors Corp
Opera
du Pont
Consolidation Coal Plans To Acquire Truax Traer Coal
Consolidation Coal Co plans to acquire Truax Traer Coal Co by an exchange of stock. G A Shoemaker and H C Livingston announced the terms, which require stockholder approvals from both firms. Truax Traer stockholders would receive Consolidation common stock on a one for one basis.
MENTIONED IN THIS ARTICLE
Chicago
Consolidation Coal Co
Truax-Traer Coal Co
G. A. Shoemaker
H. C. Livingston
Truax-Traer
Truax-Tract
Truax- Tracr
Truax-Tracr
Illinois
North Dakota
Consolidation
Pennsylvania
West Virginia
Virginia
Ohio
Tennessee
Shoemaker
Consolidation Coal
Hazel Bishop Votes Lanolin Merger
Hazel Bishop Inc stockholders approve a merger with Lanolin Plus Inc at a special meeting. Lanolin Plus stockholders vote next on the proposal. Morton Edell would lead the merged firm with Lanolin Plus dictating seven of nine directors. Edell forecasts sales above 20 million in the first fiscal year and at least Lanolin Plus prior year earnings.
MENTIONED IN THIS ARTICLE
New York
Hazel Bishop Inc
Lanolin Plus, Inc
Lanolin Plus
Hazel Bishop
Morton Edell
Edell
United Hluminating Co Declares 35 Cent Dividend
The board declared a dividend of 35 cents per share on common stock. The dividend is payable April 2 to owners of record at the close of business March 1.
MENTIONED IN THIS ARTICLE
United Hluminating Company
United Lluminating Company
United Luminating Company
A. Royal Woon
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McLean Trucking Co
New England Telephone & Telegraph Co
Zale Jewelry Co
Inc
Zins
Barney's
People’s Savings Bank Re
Member
Federal Deterit Trsurence Corpore c
Maaree
Boyce Radio Service
Maplewood Ave
Bridgeport
Stock Mart
RSE
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Lorilard
Abbott le Lukens
Oly
Als
A Drearal
Mack Tre
Air Reduc
Ayy
Martin M
MeDon Air
Allied Cn
Aly
Sau
Merck
Allied
MGM
Monsan Chibi
Ainin
Ms Mont Ward
Motorola
Nat rAad
Éla Uy Central
Vistore
Nort West
Amtek
Farly Am
Ohio Oil
Atchison
Ancd Corp
Pepsi Cola
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Reckman
Lary
Phil el
Bell How
Philip Mor
Phill
Bendix
Wit Plate G
Ye Beth Steel
Yorden
Ark Warn
Pullman
Brunswick
Llaan
Build Co
Bullard
Yeay
Raythron
Burland
Reyna
Reynab
Genguet
Sil San Foi
St Rez
Ame- Certtec
Sehentey
Syrican Machine & Foundry
Ches Oh
Aso
Chock
Sears Roed
Zayy Chryster
Shell Ol
A AG Biegler
American Standard
Cm Finan
Sinclair
Va Cithes Soc
Collins Rak
Southern Co
Graham - Paige
CBS
Ei Ag
Colum Gas
Sperry Hd
Spiegel
Fia
General Motors
Burroughs
Boeing
General Dynamics Crane Co
Swift
Douglas
McDonnell Aircraft
Curtis Patt
Texaco
Fay
Curtis
United Air- Decca
Hellytiog
Savie Lack
Restant
Alr
Aia
SBM
United Cp
Conncticut Industries
Fae
Tiswaita
G. IL Walker & Co
Mead Johnson
Andien Sttors
Asaociated
United Astic Corp
New
Officien Pub Ut
As Steel
Giannini
Rose
Passddeene
AIM Univ
We Brand Paints
Atlantic Gomtrich
Lalonn
Vanad
Creedyear
Te & Chapman
Jeephound
Nat Weste A Bk
The
Peter
Ramsay
Mayes Ind
Staniey
Aid
Helden
City Trust
Howe Sud
Ste
Aralinbts
Oland
Micestromeniin Ramsay
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Sal Bam
Hanover
Arhed
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Cntr
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Commonwealth
Bullard Company
Cntil
Kennecott
Carpenter Steel
American Exchange
Harvey Hubbell
Incorporated Investors Tee Ac
Bawe
HMA Gas
Fhemtcal
Locke Steel
Locke Steel Ven 29 Not, New Eng G Eqs Wheotny Beck
Avi Lof Glass
New Haven Gas
Petro E. . Ag
Natal Stock Snes
MeResson Rod nS aly +t
New Haven
Raybestos Inc
Hiab Sv Nhl
Eeeeweedaes
Iaontl Armh Toy
Pioneer Fund
Putnam
Singer
Stanee NS Ve
United Mum
United Aircraft Products Seas
Wellington
Underwood Com
West Mass
Eat
Satay
Wellington Equity
United Aircraft
Valve Corp
Armerica
A.M. Kidder and Co
Une
Aveo
Iw. R. Grace
Southern Cal Edison
Norman F
Nacey & Assoc, Inc
Mass. Turnpike
DuPont
Consolidation Coal Planning
Truax-Traer Coal
Wasis
Lanolin
Emith Ramsar & Co
Aetna Insur
VSI Aetna Life
Hartford Fire
Soy National Fire
OBY
Mullon Studio, Inc
Middle St
Firehouse
Norman I Daceys and Associates
Plaza ED
Zemel Bros., Inc
Brookside Shopping Center
Main St
Rener Simmons Research, Inc
McLaughlin, Kaufman & Co
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