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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Jul 29, 1958

Page

14

Standard Oil first half 1958 earnings fall from prior year

New York July 28 Standard Oil Co of New Jersey reports six month 1958 revenues of 3.72 billion, down from 4.03 billion a year earlier, due to lower petroleum prices. Consolidated earnings reach 291 million or 1.43 per share on 203.649 million shares, versus 463 million or 2.35 per share on 196.939 million shares in H1 1957. Refineries ran 2.464 million barrels daily.

New York Standard Oil Co Consolidated Companies U.S

Dividend notices from various firms with scheduled payments

A compilation of quarterly and regular dividends from Hilton Hotels Corp Acme Wire Co Arkansas Louisiana Gas Co Crown Cork & Seal Co H W Gossard Co Koehring Co Laclede Steel Co Lucky Stores Inc Ryan Aeronautica Co Socony Mobil Oil Co G D Searle Co Connecticut General Life Insur Lance Co Standard Oil Co Indiana Pure Oil Co Sunray Mid Continent Oil Co Canadian Fairbanks Morse Co Rockwell Standard Corp Hecla Mining Co United Electric Co Mead Johnson Co Sperry Corp various funds Armstrong Cork Co Television Electronics Fund Wellington Fund institutional shares etc scheduled for Sept Aug dates with record dates and per share amounts.

Hilton Hotels Corp Acme Wire Co Arkansas Louisiana Gas Co Crown Cork & Seal Co H. W. Gossard Co Sperten Corp. Ihe Prevous Payment AER George A. Fuller Co Norman Macey & Associates Atutiatet Fund Oo Johnson & Johnson Quar Toni Development Fund Canada General Fund Conmonelch Income Fund Gae Commonwealth Invesment Armco Steel Corp Eaton & Howsd Mase Tnvatre Tizay Mase Investors Trust Philadelphia Electric Cos Quare Williamstreet Pune Dioneer Armstrong Cork Co Televison Electronics Quar Ae

Market Barometer Gains With Mixed Volume In Heavy Trading

The market rose to another year high amid profit taking and renewed demand. Volume reached 3,940,000 shares with 211 new highs, led by American Motors and Chrysler while copper and aluminum shares climbed. Dow moved above 500, aided by feed from steel and auto sectors amid inflation signals and debt limit talk.

New York Wall Street Eisenhower Associated Press American Motors Fruchall Trailer Hupp Chrysler Schenley Anaconda Kennecott Phelps Dodge Kaiser Aluminum Alcoa and Aluminum Ltd Lorillard Bell & Howell Great Northern Paramount General Electric Ford Southern Pacific U. S. Steel United Aircraft Gulf Oil, Texas Company Chesapeake , Ohio Creole Petroleum, A, & Foil Kaiser Industries and Home Ofl U. S

New York Stock Prices Report Mixed Six Month Results

New York stocks show varied six month results. S. White Dental Mfg Co posts net of 1 016 701 or 2 76 a share contrasting with 374 489 or 1 02 a share. Sharon Steel Corp reports six month loss of 1 018 934 vs 2 730 025 or 2 48 a share. General Baking Co ends six months with 1 059 832 or 46 cents a share against 1 051 780 or 46 cents.

S. White Dental Mfg. Co Sharon Steel Corp General Baking Co

Connecticut Industry Prices From G H Walker And Co

Public utility stock prices and industrial listings show figures from G H Walker and associates with multiple firms including Acme Wire King Dictaphone Corp and Marlin Rockwell. Data includes tickers, percentage changes, and price points for industrials in mid year markets.

Barndy Dictaphone Corp Atk Ermhart Patrir Rearing Farret Birmingham Mandy Harman Kerley Landers Fraty Iar Marlin Rockwell New Britain, Machine North Judd Deter Fev Plume Atwood Atk Bately Industries Blaney Works Torrington Co Veederfoot

Raytheon reports sport in earnings near slim profit

Raytheon Manufacturing Co reports earnings disturbingly mixed as July results show a net income from operations of about $2 million. Market observers note cautious outlook amid costs, with Boston based firm projecting continued pressure on margins and the industrial sector in the near term.

Boston Raytheon Manufacturing Co

Earnings Cut Sharply By Socony Mobil Os

International Petroleum Co Ltd reports six months ended June 30 earnings of 12.9 million dollars or 89 cents a share versus 23.3 million dollars or 1.60 a share in the previous year.

Socony Mobil Os International Petroleum Co. Ltd U.S

SEC suspends trading in Cornucopia Gold Mines stock

The SEC halts trading on the American Stock Exchange for Cornucopia Gold Mines of Pittsburgh for ten days from July 24 to Aug 3 amid an SEC investigation into alleged fraudulent acts. A Sept 2 hearing may extend suspension up to a year or cancel registration. the order covers over the counter markets as well. Trustees holding 25 percent faced questions over voting alignments with Earl Belle without SEC disclosure.

Washington UPI Securities & Exchange Commission SEC Cornucopia Gold Mines Pittsburgh American Stock Exchange Cornucopia Ther Earl Belle Young Pittsburgh Brazil Federal Regulatory Agency Murray Burton Talenfeld Belle

Gamble-Skogmo Denies Merger Talks With Hupp Corp

Chicago July 28. B C Gamble president of Gamble Skogmo denies merger negotiations with Hupp Corp or any talks involving Western Auto Supply Co. Rumors of a deal are unfounded. United Illuminating declares a dividend of 32.4 cents per share payable October 1 to holders of record September 12.

Chicago B. C. Gamble Gamble-Skogmo, Inc Hupp Corp John Ekblom Western Auto Supply Co Gamblec- Skogmo, Inc Hupp

National Malleable declares 25 cent dividend in Sept

Cleveland July 28 National Malleable and Steel Castings Co declared a 25 cent dividend on common to be paid Sept 10 with record Aug 15. Earnings for the six months ended June 30 were nine cents per share, vs 3.33 for the first half of 1957. The March quarter earned 28 cents per share. Life expectancy at birth ranges from 32.1 years in India to 72.5 years in the Netherlands.

Bridgeport Brass Co Socony Mobil Oil Co G. D. Searle & Co Connecticut General Life Insur Lance Co Standard Oil Co Indiana Pure Oil Co National Distillers & Chemical 1 Corp Time Incorporated St. Regis Paper Co Pullman Inc Owens-Corning Fiberglas Corp Abbot L Admiral ST Afant Ward Motorola VA Kresge Co Aps Allied Brunswick-Balke-Collender Co NY Central A Alum Ltd NY Ch & SL Alcoa Rhabe NH & Hart Amerada Wiese NY Shiphd Alrcia Wah Am Bosch Jhb West Black & Decker Mfg. Co Nineam & F Pw T Ohio Algal Olin Am Smelt Oliver Co G & el Tel & Tel Fafnir Bearing Co Ab Ao Pfizer Armeg Sul Phelps D Armour Z Co Phila Fraser Cas Philco Philip Mor St Atchison Phil Pet Link-Belt Co Pub &Y Bald Lima Publick India Bendix Square D Co Benguet Zs McRaytheon Beth Bleel Repub Boeing Alt Rt Rex Drug Borden . Eee Reyn Met Ym VA State Loan & Finance Corp Bore Warn Rey Tob Richard Ofl 3A Rohr Abe Ldob Brigge Royal Dut Ady BuddCo Bullerd Vowrioeds Burl Ind Jay American Snuff Co Schenley Cdn Pac Senora Roeb Case Shell Baldwin-Lima-Hamilton Corp Cort Ted Ches & Oh Fairbanks Morse & Cot Chrysler 3A Sul OM Ind ABY General Acceptance Corp Coch Colt An Cole Palin Ga Golo Fo V. FT Colum Gas Fwitt & Co Texax Co Crane Co Curtia Pub Curtiss Tidewal Transamor Decca Ree Peay Aes AB United Cr du Pont Dug Ag Wy East Air M & Mot Hl & Mus de Emertod Erie Vanad Co Firestone Fool Fair Westx el Llen Dynam Witton & Co Rae Aen Flee Woolworth Gen Motors Worthington Gen Gondrich Zenith Ma Ary Vankera Trist OOM Hank T ’ Grace & Co Arti Aa Chemical al Empire de Grovhanad Yoo Aires Oh Guif Mob & O BAY Mowe Snd Aan Auuypywu Ue Ye US Trust Qi A.M. Kidder & Co., Inc Wick Nares Int Paper Ab Bridgeport Bros Int Tel &Ted Ratard Company Johns Man Casco Freducis Sa Eneee Jones & le Pad Crane Company Mh Kaiser al Harvey Hubbell Kennecott Locke Steel Kern C Raytheon McKerson & Robbins Thyre Reminaton Lof Underwood Corn Tag & My da United Aircraft _ or Lockh Aire Apt Gas Od Bpt Hydraulic Loew's Cntil Maine Pw Cntrl Vt Tornard Smith, Ramsay & Co Lcon Lt Martin Ca New Haven Gas Bam Gen Life New Haven Mariford National Fire Tex Fast Trans Mensan United Mlam Cleveland National Malleable & Steel Castings Co National Malleable

Utilities show earnings gains across listed companies

Texas Utilities Co reports a 12 month net of 32.61 million dollars or 2.60 a share, up from 29.83 million or 2.44 a share. Northern States Power tallies 2.85 million or 1.28 a share versus 20.17 million or 1.18 a share prior year. Other firms show varied gains and declines in 12 month results through June 30 including Shawinigan Water & Power, Kansas Power & Light, Atlantic City Electric, Public Service Co of Indiana, Toledo Edison and Tampa Electric with per share figures and totals.

Dow Jones General Malls, Inc Eastman Kodak Co Amer Motors Scseee Fruchauf Hupp Corp Texas Utilities Co Northern States Power Co Minnesota Shawinigan Water & Power Co Kansas Power & Light Co Atlantic City Electric Co Public Service Co. of Indiana, Inc Toledo Edison Co Tampa Electric Co

Also Mentioned on This Page

Jersey Standard BRASS OS Sunray Mid-Continent OW Co Fairbanks-Morse Co Ltd Rockwell-Standard Corp Ethanata Hecla Mining Co United Electrica Mead Johnson & Co Get. T General Mills American Exchange A. M. Kidder & Co., Inc Cateo Elseinie Sestk Felmont Petroleum Harve Hubben Torr Berets Techealer Lab Tels United Aarcraft Progents Pricey Fram Smilth Ramsay & Co Connecticut Connecticut Industries G. H. Walker Morne Drcay Bune Cnco Budind Bridgeport NEW York Stock Exchange Dow-Jones Cameo Parking Lot John St Chas, W. Scranton & Co Westport Norwalk Enterprise Norman J. Gaynor ISEC Gamble-Skogmo Unitedlluminating Company Nat India The Netherlands Hines Woo Edison United Loan Corp Fairfield Ave Fairfield Avs Western Union Connecticut Light, & Power Company Southern New England Telephone Company United Illuminating Company Hincks Bros. & CO Bridgeport Edison Main ST Conn Midwest Stock Exchange Danbury, Newtown and Stamford
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