Jersey Standard Plans Offer For More Humble Oil Stock
Jersey Standard announces intent to file with the SEC a registration to offer about 10.85 million shares of its capital stock for exchange with Humble Oil & Refining Co. If an offer occurs it would exchange five Standard shares for four Humble shares, based on terms to be set at the effective date. Independent details note current Humble holdings as of year end.
MENTIONED IN THIS ARTICLE
New York
Standard Oil Co
New Jersey
SEC
Humble Oil & Refining Co
Jersey Standard
Humble Oil
Insurance Merger Creates Monarch as Springfield Subsidiary
Springfield Fire and Monarch Life announce completion of a merger making Monarch a 98 percent owned subsidiary of Springfield Fire & Marine. Springfield stockholders approved issuing 1,000,000 new shares in exchange for Monarch shares at 11 4 to 1. Monarch had 800,000 shares outstanding and 99 310 percent tendered before the offer expired.
MENTIONED IN THIS ARTICLE
New York
Springfield Fire & Marine Insurance Co
Monarch Life Insurance Co
Springfield
Mass
Monarch
Springfield Fire & Marine
Connecticut Issues CONNECTICUT INDUSTRIES Prices
Connecticut Industries reports price data from G. TE Walker de Cony. Details cover market values and recent shifts influencing local manufacturers and suppliers in the state.
MENTIONED IN THIS ARTICLE
Connecticut Industries
G. TE Walker de Cony
Sun Oil and Olin Mathieson Plan Urea Plant Joint Venture
Sun Oil Co and Olin Mathieson Chemical Corp exchange letters of intent to form a new company and build a urea plant at Sun’s Marcus Hook refinery in Pennsylvania. The plant would produce about 73 000 tons of urea annually using ammonia from Marcus Hook, with further details to be announced.
MENTIONED IN THIS ARTICLE
Philadelphia
Sun Oil Co
Olin Mathieson Chemical Corp
Sun
Marcus Hook
Stanley J. Osborne
Olin Mathieson
Robert G. Dunlop
Dividends Declared by Diverse Corporations
A list of upcoming dividend payments and record dates from Pittsburgh Plate Glass American Distilling International Utilities Pennsalt Interchemical Chase Manhattan Houston Lighting and Power Automobile Banking Charles Bruning Colorado Oil and Gas Commonwealth Stock Fund Dreyfus Tronrite Leslie Salt Angent Gas Utilities Kobacker Central Illinois Ingersoll Rand Fruchauf Acme Steel. The notes detail regular quarterly or special dividends with payment dates and record dates for each company as published.
MENTIONED IN THIS ARTICLE
Pittsburgh Plate Glass Co
American Distilling Cos
International Utilities Corp
I Pennsalt Chemicals Corp
Interchemical Corp
Chase Manhattan Bank
Houston Lighting and Power Co
Automobile Banking Corp
Charles’ Bruning Co
Ria
Colorado Oi & Gas Corp
Commonwealth Stock Fund
Dreyfus Fund
Tronrite, Inc
Lestie Salt Co
Eengeltanted Gas Utilities Corp
Acme Steel Co
Dividend and stock actions in various firms 1958 reports and notices
The text lists multiple corporate actions and financial reports including Discount Corp of New York approving a $2 cash and $4 extra dividend with July 23 payments for record July 19, Universal Pictures Co Inc omitting a dividend on 4 1 4 per cent preferred stock, Fifth Avenue Coach Lines undecided on a second quarter common dividend, National Airlines Inc declaring stock dividends of 2 12 per cent on common stock with pay dates in July and October, plus a conditionally detailed balance sheet and certification notes for several Bridgeport banks including City Trust Co, Black Rock Bank & Trust, West Side Bank and others with assets, liabilities, capital accounts, and trustee attestations.
MENTIONED IN THIS ARTICLE
Discount Corp
New York
Universal Pictures Co. Inc
Fifth Avenue Coach Lines Inc
John E. McCarthy
National Airlines Inc
City Trust Company
Bridgeport
Connecticut
Federal Reserve System
Federal Reserve Bank of
United States
Federal Reserve Bank
Gene Investments
Cafbes
BSCE
Bristol-Myers Sees Ten Percent Gain At Annual Meeting
Frederic N. Schwartz told Bristol-Myers shareholders that second quarter sales and earnings should be about 10 percent higher than 1957’s. First quarter earnings were 2,156,911 dollars or 1.32 a share, while second quarter 1957 net was 1,430,275 dollars or 0.85. The firm disclosed selling 107,000 American Can Co shares to fund an acquisition and expansion of two divisions.
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New York
The
Stock Exchange
Humble Oil
American Stock Exchange
Standard Oil
New Jersey
Jersey
Humble
Bales Sales Jersey
Aish
Abbott L
Motorola
al Admiral Ones Vi
Sg & Sa
Alum Ltd
NY Central
NY Ch
NY Ch & Sl2,. 82 24% 244, 24H, Basis That It Was Oversold In yAmerada 2 Cae
RY NH & Hart
Am Alrlin
Am Bosch
Can Zz
North West
Am & F
M& Fdy
Ohio
Motors
Am Smit
Oliver Cp
Tel & Tel
Pac G & Hi
Ansconda Armco
Pepsi Cola
Pfizer
Armour & Co
Associated Press
Phila el
Philco
Als Atchison
Wee BS
Philip Mor
A &M
Bendis
Rage
Inengant Beth Steel
Boetne al
AVA
Raytheon
Repub
Borden Ae
Notion Warn
Rex
Budd Co
van Tay Reyn
Burl Ind
Case
Schering
News of
al- Cen & SW
Aska
Statehood
Alaska
Cau
Chey & Oh
SA Binclair
CHM
Sp&pac
Sérong
Girgaler
Cal Dls
Union Olt of
California
Southern Co
Ty Rites Bre
Fou Pac
Uy Aw
Aby, Abug
Peabody Coal
Coca Cola An
Bou Ry
Ay Cole Palm
Bay
Bperry
Cola F de Ir
Colum
Beritt & Co
Armour
Crane Co
Golo & Plati- Curtin
Atom Texas Co
Sears Roebuck
Derre
Polaroid
Tidewat
Lorillard
American Tobacco
UN Carbide
Ind
du Pont Vanes
Goodrich Rose
Alra
United Aircraft
Et & Mus
United
Reichhard Chemical
M&m
Iy Exchange
Firestone
UsGypeum
Alyyatt
US Steel
Airlines
Alaska Airlines
U. S
Cre-Gen Motors
Oe Petroleum
Sherwin-Wil- Gen
Wilson & Co
Wolworth
Goodyear
Worthington
Grate & Co
Ynget Sh & T
Tron
General Plywood
Zenith
Bay Greyhound
Gruny Aire
Wesden
Homestic
Tilia
Kaiser
Kennecott
Aos Guaranty ‘Trust
Hanover Bk
Lehigh C & N
Bo aSnate
Trust
Men&l
Va Ligg & My
Toew
Tane & Gas
Lariilard
al Askedstack
I Tn
American Chainshnaee
Marine Mid
Bridgeport Hrage
Martin Co
Kesson Robbins
Ravbrsios Siene
Remington Arms
Montan
United Aucratt
Otame Ward
New, York
Bristol- Myers Co
Frederic N. Schwartz
Schwartz
Bristol-Myers
American Can Co
Grove Laboratories, Inc
Market Barometer and Earnings Highlights
Market figures show American Sumatra Tobacco Corp eyeing a fiscal year profit of about 560000 dollars or 1 a share and hinting at a possible small dividend in September. Other items note New York Stock Exchange membership transfer at 93000 dollars, Edison Electric Institute weekly kilowatt totals, Lukens Steel Co pay raises and broader industry wage trends unchanged for some peers.
MENTIONED IN THIS ARTICLE
New York
American Sumatra Tobacco Corp
American Sumatra
J. ‘Theodor Cremer
Carel Goldschmidt
Javid
Connecticut
New York Stock Exchange
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