Auto output in early 1967 falls 25 percent behind last year
U S auto industry reports a disappointing first quarter with January to March output near 1,882,000 units, about 25 percent below the 2,495,224 produced a year earlier. Bad weather, weak sales, and labor disputes slowed production across major firms including American Motors.
MENTIONED IN THIS ARTICLE
Detroit
U. S
American Motors
New York
American Iron and Steel Institute
Kellogg Plans 60 Million Expansion Across US and Abroad
Kellogg Co. announces a $60 million expansion plan over three years. President Lyle Roll says funds will be split evenly between the United States and foreign operations including Great Britain, Germany, Denmark, Canada, and Australia to support growing demand and boost first-quarter 1967 results.
MENTIONED IN THIS ARTICLE
Battle Creek
Mich
Kellogg Co
Lyle Roll
United States
Great Britain
Germany
Denmark
Canada
Australia
Roll
Kellogg
Merger Contemplated By Insurance Firms
Great American Insurance Co and Security Insurance Co of Hartford Conn announce merger talks in early stages. Board chairmen say discussions are preliminary and no conclusions expected for weeks.
MENTIONED IN THIS ARTICLE
NEW York
Great American Insurance Co. and
Security Insurance Co
Hartford, Conn
Portrait Now: Capture His Prized Years in Fine Portrait
The message urges securing a professional portrait to preserve a man’s evolved wisdom and strength with age. It highlights confidence in the subject and invites the reader to arrange a session to commemorate his proud years for eternity.
McDonnell Proposes Merger Vote With Douglas Aircraft
McDonnell announces it owns 26.8 percent of Douglas capital stock and will vote in favor of the merger proposal. A two thirds majority is needed for approval. The merged firm would issue 8,717,921 McDonnell Douglas common shares to Douglas holders. James McDonnell would chair both companies and David Lewis would chair Douglas.
MENTIONED IN THIS ARTICLE
McDonnell
Douglas Capital
ST. Louis
McDonnell Co
Douglas Aircraft Co
Douglas
James
McDonnell and
McDonnell Douglas
James McDonnell
David Lewis
New York Banks Cut Prime Rates In Broad Move
BunUA LUG Imus Sangcoe announced rate reductions effective immediately by New York banks. Chase Manhattan Bank of New York lowered to 5 4 percent from 6 percent late last January. Morgan Guaranty Bank of America and others followed with cuts from 53.4 percent to 5.0 percent.
MENTIONED IN THIS ARTICLE
Bunua Lug Imus Sangcoe
New York
Chase Manhattan Bank of New York
Morgan Guaranty
Bank of America of
San Francisco
Mack Directors Reject White Consolidated Merger Offer
Mack Trucks directors stated they found no basis for a merger with White Consolidated Industries and said a merger would not be in the best interests of Mack shareholders. The decision followed White Consolidated's formal offer at the start of March to negotiate a merger between the two firms.
MENTIONED IN THIS ARTICLE
NEW York
Mack Trucks, Inc
White Consolidated Industries, Inc
Mack
White Consolidated
Rockwell and Draper announce merger agreement
Rockwell-Standard Corp of Pittsburgh and Draper Corp of Hopedale Mass say a merger is agreed upon subject to stockholder approval. Rockwell-Standard offers one Rockwell-Standard preferred share for every three Draper shares, with conversion into common at a set premium. Rockwell owns about 23.5 percent of Draper stock. The merger could precede a North American combination with Rockwell-Standard.
MENTIONED IN THIS ARTICLE
Pittsburgh
Rockwell-Standard Corp
Draper Corp
Hopedale
Mass
W. E. Rockwell Jr
Rockwell - Standard
William K. Child
Draper
Rockwell- Standard
Rockwell-Standard Common
Rockwell
Rockowell Standard
North American
Rockwell - Standard Preferred
Philadelphia Electric Co. Boosts Quarterly Dividend
Directors of the Philadelphia Electric Co raised the quarterly common share dividend by 4 cents to 41 cents. The new rate pays June 29 to shareholders of record June 1 and equals 1.84 dollars annually, up from 1.49.
MENTIONED IN THIS ARTICLE
Philadelphia
Philadelphia Electric Co
Diversified Metals backs merger plan in tentative agreement
Diversified Metals Corp and World Color Press Inc of St Louis announce a merger subject to director and stockholder approval. The plan provides for Diversified Metals to issue 0.1125 shares of a 4.50 cumulative convertible preferred stock and 0.1875 share of its common stock for each share of World Color Press stock.
MENTIONED IN THIS ARTICLE
ST. Louis, Mo
Diversified Metals Corp
World Color Press, Inc
St. Louis
Diversified Metals
Merger Plan Keeps Management Stable for World Color Diversified
Ben Fixman of Diversified and Roswell Messing Jr. of World Color announced a merger plan in which there will be no management changes at either firm. Diversified Metals would survive as the post merger corporation, a processor and reclaimer of nonferrous metals. World Color prints comics and popular magazines.
MENTIONED IN THIS ARTICLE
World Color
Ben Fixman
Diversified
Roswell Messing Jr
Diversified Metals
Also Mentioned on This Page
Carreau, Smith, Inc
Cory
Rons S
Cory.corsereo" Plan, Inc
Federal Road
Danbury
Conn
Cory Colles
American Exchange
Amarican Stock Exchange
Mex&arms
Atte Fe
Esechs
Acme
Nerf
Alaska
Alsea
Indus
Shi AmPetra
Pancoast
Anglou
PeryvDoh
Peru Oils
Philips Efect
Rus Inc al
Phoenix S
Aiklgas
Aleaia
Asomera
AssdOl & Ga
Pyle
Radiaton
Allas Corp
AVZ Corp
REO/A Corp
Reeves Ind
Ric Grou
Barnes
Batnvielt
Ross
Roy School
Belltele
Ruseo Indust
Birdsboro Ce Bless Hyde
Scurry Rath
Bowmar
Séemen Bros Aews
Bradford
Serva Corp
Osa
SetonLeal
Ah Lave
Brorliow
Siboney Corp
Wey
Silicon Tran
BSF Co
Bank Ramo
Solilon
Slick Corp
Catdor Inc Act WA
Atk
Sis Ia
Calcomp i Siva
Caripbl Chile
Sperry
Ford
Thomson
Jovelin
Conover
Anes
Cinerama
Texsiwr
Uae
de Clary Corpof
Coleman
Candte Corp
Mara
Ava
Co Corp
Ulah
Eve Aia Cable Corp
Valspor
Steiva Va Cutter A
ASA Ve Victoréén
Daltch
Viewlex
Ts Data
ValronOc
Deltona Corp
Petrol Ci Sa
Bsa
Xtra Inc
Corpa
Te Equity Co
Tha Associated Press
FirthStrl
Friend Frost Mm
York
Apisinvest Group
Slorea
National Assoc
Veallan
Naba and Dealers, Inc
Glendiab
Gorham
Poy- Gui
Aga[tion
Hennicks Ns
Phila Elec
Eri National City Bank of New Hoe & Co
Ltd Brands Po
Asaive
Lorard
Husky Oil
Houghton
Lexing
Kissell Ca A
York Banks
Hyagred Food
Ny Loomis
Sayles
Sci Elec
Conod
Delmarva Fowelt
Connt
DeVitbiss Co
InvDiv A
As Bondsik
Atul
fAlks
Manhin
Hart -Sehat Asaare
Jetronic
Ind Mmaa
Broad St
Levitt & Sons
MPI Industries
Wee
Hanover Trust
Kaiser Inds
Wa —M Grwvihaia
Bullird Company
Abaeer
Linum
Am mM
Chem Fda
Nat Sec
Seralan
Carpenter Steel Nedes
Tedaesh
Citadel
Bond
Crone Company
Alte
Merry Cst
Divid
Harvey Hubbell Ae LIV Aero
Colon
Harvey Hubbell
LTV
Elec
Incom
Locke
Shalt Lynch Corp
McKesson
Rarbestas Inc
Alecke Co
Gryt
Remington Arms
Tse
Mogetl
Singer Deren
Magna
West
Ataarycarpa
Ipwa
AaryCarPl B
Warner Bros Apne
Norenst
Menosco
Amehsug
Boppen
Microwave
Concord
Penn Sq Wadd
Maidwest Finance Ma
Atohwkka
Vwei
Pine St
City Trust
Nat Bk
Corp
Nat Bk Conn GM
Sik
Vistoa
I Crown
Provida
Lafoyetit Bk & Tred MulerCo
Ath deVegh
Parlion
BT NY Corp
NotBest Hess A
Deco! Inc
Putnam Funds
Bank of NY Sport
Rol Gen
Georg
Charter NY
Invest
BSS
Mirs
Hanover Morean-Guer
Newldria
Jaggoif
Scudder
Emplor
Com St
G. H. Walker
Fed Brit
Allied Products
Arrow Hart & Heg¢man
Associated Spring
Sinte St
Borden Corp Ane Ays
Fondine
Castémn Sc
Dictaphone Corp
Cystdon Sh
Doman
Fst Indik
teIn Roe Funds
Emhorl
Farrel Cora
Hendy
Franklin
Gustoin
Telev el
Texas
United Funds
Stramon Bu Fund
Adtm
Theae
Gen Invest
Yetr Srebera i Aero Sc
Uafd
Jaiz ES SpVolUe
Fulad
Val Line
iGrid Ind
Conn Water
New Eng G&e
Ine Bost
West Ind Bao
New Haven Water GJ
Ind Trend
Northeast QM
Java Insek
Srvia
UV Inv
Co&m
Gay
Winfield
Invés Bos
Cerreeu, Smith, Inc
Correa, Smith, Inc
Moore's Bion
Oak Moving & Storage, Inc
Vincent Weston
Men
Underwood & Underwood :Portraits, Inc
Fifth Ave
Main St
Bridgeport
Jesse
WIN Auto Lease
Barnumave
Stratford
Connecticut
Big
White
George F. Bischoff
The
Cochrane Car Leasing Co
State St
Bpt
Investornews
Francis I. duPont & Co
Bank Street
Plesse
FHONE_ Lea Ss
Stock Exchange
Wall Street
Iae
London
Westminster Abbey
Scotland Yard
British Museum
Buckingham Palace
England
Sunday Post
Post-Telegram & Sunday Post