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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jul 26, 1958

Page

14

Dividends Declared by Numerous Corporations Across Sectors

A broad list of declared quarterly dividends covers corporations including Copeland Refrigeration, General Telephone Co of Florida, Government Employees Insurance, Grocery Store Products, Mathews Conveyer, Seaboard Finance, Tampax, Triangle Conduit, U S Hoffman Machinery, U S Printing, West Point Manufacturing, Wood Newspaper Machinery, Columbian National Life, United Biscuit, Laclede Gas, American and Foreign Power, Prentice Hall, U S Playing Card, Peoples Drug Stores, Carborundum, Texas, Dominion Tir and Chemical, National Acme, Outboard Marine, Whirlpool, Eastern, Chain Belt, Signode Steel Strapping, Public Service Indiana, Diversified Investment Fund, Guardian Mutual Fund, Gerber Products, Westinghouse Air Brake, Equitable Gas, Avona Standard Engineering, Gorham Mfg, Motor Wheel, Scott Paper, White Dental, National Vulcanized Fibre, Seattle-First National Bank, Duquesne Brewing, Piedmont Natural Gas, Arkansas Missouri Power, Baltimore Gas & Electric, Cannon Mills with varied payment dates and record dates.

Triangle Conduit & Cable Co, Inc U.S. Hoffman Machinery Corp U.S. Printing & Lithograph Co West Point Mfg Co Wood Newspaper Machinery Corp Columbian National Life Insurance Co United Biscuit Co. of America Laclede Gas Co American & Foreign Power Co Prentice-Hall Inc U. S. Playing Card Co Peoples Drug Stores Inc van Raalle Co. Inc Carborundum Co Texas Co Dominion Tir & Chemical Co. Ltd National Acme Co Outboard Marine Corp Whirlpool Corp Eastern Corp Signode Steel Strapping Co Westinghouse Air Brake, Co Equitable Gas Co Avtna Standard Engineering Co Gorham Mfp. Co Motor Wheel Corp Scott Paper Co White Dental Mig National Vulcanized Fibre Co Seattle First National Bank

Polaroid Earnings Edge Slightly Down in Quarter

Polaroid Corp reports a modest drop in net income for the June quarter from 1957 levels as sales rise. Net income $131,000 or 30 cents a share on $13,152,000 in sales versus $1,141,000 or 31 cents on $10,869,000 in sales. For six months, earnings total $2,313,000 or 62 cents a share, against $1,981,000 or 5? cents. sales $24,835,000 up from $19,043,000.

New York Polaroid Corp

FCC delays toll TV grants until next Congress

The Federal Communications Commission said it will not grant authority for toll television operations before ad journment of the next session of Congress. The agency pushed pay‑as‑you‑see operations decision to next year, citing Rep. Harris’s busy committee schedule and stating applications will be accepted but not authorized until the new session begins.

Washington Federal Communications Commission Congress Harris House Interstate and Foreign Commerce Committee FCC

Consumers Power Up For Year Ended June Net Gains

Consumers Power Co reports 12 months net ended June 30 of 32.91 million dollars or 3.25 a common share on 8.80 million shares, vs prior year 31.81 million or 1.33 a share on 8.42 million shares. New Jersey Bell June quarter net climbs to 10.14 million, Rochester Gas & Electric 12 months net 6.79 million at 2.28 per share, Central Power & Light 9.14 million, Eastern Gas & Fuel six months 3.27 million, Maine Public Service 1.92 million at 1.42, Southwestern Gas 6.32 million.

Consumers Power Co New Jersey Bell Telephone Co Rochester Gas & Electric Corp Central Power & Light Co Eastern Gas & Fuel Associatest Maine Public Service Co Southwestern Gas & Electric Co West Texas Antitles Cos Consolidated Investment Trust Ate

International Nickel boosts Canada copper price

International Nickel Co of Canada Ltd announced an immediate rise in the domestic price for copper shipped to Canadian consumers to 24 3 4 cents a pound Canadian funds delivered Toronto. The increase represents a 3 4 cent advance.

Toronto International Nickel Co. of Canada, Ltd

Quicksilver price rises amid scarce supply in July

New York July 28—Quicksilver gained six dollars per 86 pound flask, now valued at 230 dollars. Dealers report tight supplies due to limited offerings from Spain and Italy. Smaller lots fetch the price. larger lots are not quoted. Production costs abroad exceed current market levels, with Italian operators aiming for at least 248 dollars per flask to cover mining.

New York Spain Italy

Mutual Funds Closing Prices and Net Asset Details

A concise report of mutual funds with closing prices for several funds and a note on net assets as of June 30. It includes Amone tevelagnent Fund, Fidelity Fund, Nantional Stork Feties, Navona Growth Series, Pioneer Band Seen, and others with per share values. Net asset figures show Vat A80 Investments and Selected American Shares with share counts and price per share, alongside Consolidated Investment Trust and Market Barometer Connecticut Issues.

Tront Nerman Tracey Find Aeane Amone Tevelagnent Fund Canada General Fund Fidelity Fund Fundamental Investors Ye Toemparatert Tavestorn Ymassachteonix Investors Growth Flock Fund Mass, Investors Trust National Stork Feties Navona Willany Steer Fund Wellington

Market Hits 58 High as Volume Peaks for Year

Buying power pushes stock market volume to the year’s biggest daily total at 4,430,000 shares, the broadest market of 1958 with 1,230 issues traded. Gains cited from continued good economic news, better second quarter earnings, and heavy short interest bolstering prices. Dr. Gabriel Hauge’s statement that the business recession has ended drew wide agreement on Wall Street.

ED Morse Fiushrsa News Wester New York New York Stock Exchange Associated Press Stock Exchange Gabriel Hauge Eisenhower Wall Street

American Exchange Market Snapshot Update

From A M Kidder Co. Inc the market reports Casco Products 4% Electric Bond 196% Felmont Petroleum 3.00 Harvey Furbbell Kaiser Industries Technicolor 1.20 United Aircraft Products 0.7%. other listed items include various securities and prices as provided.

American Exchange A. M. Kidder & Co., Inc Felmont Petroleum Harvey Furbbell Kaiser Industries Singer al ‘Technicolor United Aircraft Products

Quaker State Oil Declares Reduced Dividend

Quaker State Oil Refining Corp declares a 30 cent dividend on common stock payable Sept. 45 to record Aug. 15. The prior quarter paid a 5 cent dividend.

Quaker State Oil Refining Corp Quaker State

Jordan Gets Oil as Yank Airlift Ends in Amman

Acute oil shortage eases as first oil from Aqaba reaches Amman aboard 140 tanker trucks from Clyde Explorer. An American tanker due at Aqaba with more supply, oil likely from Persian Gulf. Dividend actions pause at Buffalo Eclipse Corp and American Pulley Co as end of oil emergency shifts transport from air to sea.

Amman Jordan Aqaba Clyde Explorer Persian Gulf

Railroads report mixed six month earnings across lines

Boston and Maine posts a six month loss of 3 454 000 ending June 30 with June alone at a 166 000 loss. Chicago Rock Island Pacific shows six month income of 3 227 218 or 1 10 a share and June income rising to 1 499 180. Western Pacific posts 1 383 884 for six months while June nets 535 386. St Louis San Francisco system reports six month net of 1 220 729 and June net 503 845. Missouri Pacific six month net before funds 5 126 173 with 89 326 loss after funds. Central of Georgia reports six month net 585 673 and June 20 893.

Boston & Maine Railroad Chicago, Rock Island & Pacific Railroad Western Pacific Railroad St. Louis-San Francisco Alabama, Tennessee & Northern Railroad Missouri Pacific Railroad Central of

Market Comment: New stock offer planned by Canada Dry Corp

Canada Dry Corp president Roy W. Moore Jr announced an underwritten subscription offer of additional common stock. A registration statement is being prepared and will be filed with the SEC in two or three weeks. Shares will be offered to holders of the company’s common stock. The offering size was not disclosed. Topps Industries reports final stage negotiations for two acquisitions to diversify markets, with no details on nature or size. Eastern Corp stockholders approved a merger with Standard Packaging Corp. Standard Packaging holders vote on Aug 2. General Electric reports June appliance sales above last year’s figures, aided by inventory balance improvements and a steady upturn expected through year end. Signal Oil & Gas of Venezuela announces completion of a fifth exploratory well in Lake Maracaibo concession producing 5,880 barrels per day of 40.7 gravity oil from 11,000 to 12,000 ft perforations. An English settler, Bartholomew Gosnold, earlier established Cuttyhunk Island and abandoned the colony after three weeks.

Dow Jones Reneee Texas Co Oeyseenapes Etree Beret Penny Pheeeae Amer Motors Schenley Peabody Coaltees Publicker Ind Steer Veretee Hupp Corpheeerr Eign U.S. Hoffman Ae Oor Seleedt Ed Eeeweries U.S. Steel Beth Steel Gen Motors Ewereddeenabl Pittsburgh Plate Glass Co Catrl Maine Vt Pub Hous Pub Loc Otis Elevator Co New Haven Gas Qi Admiral Abbott L New Haven New England South NE NY Central National ,Cash Register Co Itex East Trans Ch&sle Alley Lund Nh&hart Allied United Dium Allied &Lts North West Alum Ltd Timken Roller Bearing Co Alvoa Toy Stow Amopagr Sugges Nor Pac Orl Am AM Y Geee Ohio Enis Am Bosch Ae Ohio Abbott Laboratories Oliver Cp Ae G & el Peoase Am & Pw Pon AW Ab Mm M&fdy Warner - Lambert Maceutical Co Pepsi Colm Tel & Tel Pfizer Reese M Tele Phelps Armeu Sts Phi Pet Abe Armour & Co Pit Plas Proct Stauffer Chemical Co RCA Combustion Engineering Inc Lima Raytheon Senate Finance Committee Rex Nrug Henguet Associated Press Ts New Pride Brass Royal Tut Safeway Budd Co Muttayit Hew Vay Ae Ehell OU Dow - Jones Industrial Pac Wywae Sinclair Bowen O Socony ASN Chex & Oh Berry Rd Chrysler Ja Sid Brondo Sa Coca Cult AW L Avea Coly Paim Go Stan War Golo Fok Colum Gas American Motors Coml Sane Bwill & Co Annes AON Byly Schenley Industries Con Hillx Texas Cn Jane Schenley Cannum Pw Tex Tex TY C&o Textron Tidewat Rankomer Peabody Coal Curitas Deeen Publicker UN Pac Doug Alice Dow Chem Unit Alredb Y Es Ston National Distillers United Co duPont Mutas Ind Fru M&m Eat All T Hoffman Hupp el & May Western Union Vana Co Firestone Food Fair Lorilliard Jost Gulf Oil Pont Witnah Chance-Vought Bay Woolworth Aen Motorreee Aig Worthington Youngstown Rock Island Kansas City Southern Zenith Radavai Goodrich Es Goodyonh Smith, Ramsay & Co Grave & Co Mab & Oy VA Bankers ‘Trust Qr American Stock Exchange Gut Ol Mank of Heyten Npt Chase-Manhal'n QI Bk Gr Creole Petroleum Mira Trust ATL U.S Johns Man Jones L Kaiser Kennecott Kern Lal Aske High C&nye Hartford Fire National Fire Peerless Insurar Martine Md Marin Co Merck A. M. Kidder & Co, Inc Bridgeport Krass Mullard Company McKesxon Robbing Motorola Raybestns Inc Nat Bisc Remington Arms ARM Underwood Corp Io United Aircraft Buffalo Eclipse Corp American Pulley Co U. S Pepperell Mfg. Co Tornight Thel Sea Selgler Corp Tordan Jordan Ion Iraq Siegler Iraq Canada Dry Corp Roy W.moore, Jr SEC Topp Industries Topp Industries Inc B. F. Gira General Electric General Electric Co James H. Goss Venezuela Signal Oil & Gas of Venezuela Lake Maracaibo Signal Oil & Gas Co Hancock OH Co Pure Oil Co Standard Oil Co

Also Mentioned on This Page

Copeland Refrigeration Corp General Telephone Co. of Florida Peninsular Telephone Co Government Employees Insurance Co Grocery Store Products Co Mathews Conveyer Co Seaboard Finance Co W. A. Sheaffer Pen Co Tampax Inc Duquesne Brewing Co Piedmont Natural Gas Co. Inc Arkansas Missouri Power Co Baltimore Gas & Electric Co Cannon Mills Co Polaroid. Net Send. Ansoceades Ccs Building State Street Intl Nickel Canada Tytesd Connecticut G. H. Walker &v Bu 'Ani Elk Erhart Fafnir Rearing al Farrel Birminham Handy Harman Keriie Ash Landers Brary Clark Marlin Rockwell New Britain Machine North Judds Peter Paul Plume Atwood Ene Trots Smith, Rumsay & Co TEXAS Pittsburgh Main Street City Trust Ncw Coats Shoe Dept Meigs Downstairs Eres BOM Standard Packaging Corp Harold Holden Standard Packaging Bartholomew Gosnold Cuttyhunk Island Massachusetts Plymouth
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