Brunswick Balke reports spurts in first quarter earnings
Brunswick Balke Collender Co shows March quarter net of 803,598 dollars, 50 cents a share on 1,545,787 shares, up from 136,176 dollars or 10 cents on 4,115,337 shares. Net sales rose to 27,804,449 dollars from 19,159,530. Other firms show varying March quarter results, including Transamerica Corp and Emerson Electric, with diverse per-share figures and share counts.
MENTIONED IN THIS ARTICLE
Brunswick-Balke-Collender Co
Transamerica Corp
American Investment Co
Minois
Pittsburgh Coke & Chemical’ Co
Hoover Co
Fairfield Camera & Instrument Corp
Atlas Consolidated Mining & Development Corp
Dan River Mills, Inc
Phoenixville
J. A. Sisto
Barnum Steel Corp
pRepublic Industrial Corp
Wall Street Gains Again On Mixed Market Rally
Wall Street advanced for the third time this year led by aircraft and steel shares. The Associated Press index rose 60 cents to 168.50, with industrials up and utilities higher, as gains spread across 11 of the 15 most active issues. Boeing led with a 1.5 point rise, while General Dynamics and U.S. Steel posted gains. volume was lighter, and seven stocks fell.
MENTIONED IN THIS ARTICLE
Walter Bussewitz
New York
Associated Press
Dow Jones
Fed
Gedustrial
Wall Street
Youngstown
Boeing
Loew's
Shell Transport
General Dynamics
U.S. Steel
Polaroid
Havey
United Aircraft
Lukens Up
Lukens
U.S
Youngstown Sheet & Tube
Goodrich
Douglas Aircraft
Allied Chemical
Motors
General Motors
Chrysler
Ford
American Stock Exchange
Creole Petroleum
Crowell Collier
General Plywood
International Petroleum
Mesahi Iron
Standard CW of
Kentucky
Tri-Continental
Arkansas Fuel Oil
Diners Club
U.S. Vitamin
A K U Earnings Report From New York May 2 1957
A K U United Rayon Mfg Corp reported 1957 net income of 4,704,848 or 2.07 a share versus 1956 6,637,556 or 2.92. Figures translated at 3.80 Dutch florins per dollar. Sales rose to 57,743,589 from 54,926,378.
MENTIONED IN THIS ARTICLE
New York
Ai’ Femene Kunstzijde Unie N
A. K
United Rayon Mfg. Corp
U. S
Stock price year comparisons by company and share values
New York stock prices show year over year changes across utilities and industrials. Sinois Power Co Volatile two month sales ended March with $15,117 45,700 shares. Public Service Co of Colorado 12 month net to March 31 26,706 dollars per share and 44! 12 month figures. Montana-Dakota Untities Co and Town-Illinois Gas and Electric Co report March quarter nets and per share amounts. Mexican Light and Power Co and Washington Gas Light Co present 12 month nets and per share values.
MENTIONED IN THIS ARTICLE
Sinois Power Co
Boeing Airp
Loew's
Vl Public Service Co
Colorado
Raytheon
National Fuel Gas Co
Montana-Dakota Untities Co
Town-Illinois Gas and Electric Co
Local Industries Branded by A. M. Rigger Co
Local Industries from A. M. Rigger & Co and the American Exchange at Ridder & Co Inc are noted in a brief listing. The item echoes company names and associations in a compact trade notice.
MENTIONED IN THIS ARTICLE
Rom A. M. Rigger & Co
American Exchange At
Ridder & Co. Inc
Connecticut Issues CONNECTICUT INDUSTRIES Prices from Walker Ca
Connecticut industries reporting prices from G H Walker and Company show market tones and listing movements across key sectors. The notice highlights price levels, supply considerations, and regional manufacturing activity.
MENTIONED IN THIS ARTICLE
Connecticut Industries
G. H Walker & Ca
Bank Stocks and Dividends Listings From Brith Ramsay Co
Bank stocks and dividends from Brith Ramsay Co include General Acceptance Corp Montana Dakota Utilities Channing Ludlowe Mig and Sales Duquesne Brewing Halliburton Old Well Cementing American Chicle Dayton Power and Light Reading Tube Corp Jamaica Water Supply Varco Bond Investment Trust Income Fund of Boston Commonwealth Income Fund Peoples Gas Light and Coke Northern Insurance Pacific Far East Line Pfauvier Permutit Polaris Mining Con Putnam Growth Fund Walgreen Serrick Prentice Hall Mohart Bearings Sterling American Writing Paper Federal Pacific Hoover International Resistance Interlake Town Public Service Kern Marmon Herrington Montecatini Mining and Chemical Co notes. Phoenixville Barnum Steel first quarter results show 1958 loss. plan reverse split and debt reductions.
MENTIONED IN THIS ARTICLE
General Acceptance Corp
Montana-Dakota
Cot
Channing Corp
Ludlowe Mig. & Sales Co
Duquesne Brewing Co
Halliburton Old Well Cementing Co
American Chicle Co
Dayton Power & Light Co
Regi
Reading Tube Corp
Jamaica Water Supply Co
Varco, Inc
Bond Investment Trust of America
Income Fund of Boston, Inc
Commonwealth Income Fund
Peoples Gas Light & Coke Co
Northern Insurance Co. NL
Pacific Far East Line
Pfaudier Permutit Co
Polaris
Mining Co
Putnam Growth Fund
Walgreen Co
Serrick Corp
Prentice-Hall Inc
Mohart Manufacturing Co
Bearings Inc
Sterling Drug Inc
American Writing Paper Corp
Kern County Land Co
Marmon-Herrington Co
Montecatini Mining & Chemical Co
Sterling area reserves climb in April for seventh straight month
London May 2 AP Sterling area reserves posted a April surplus of 114.6 million dollars, bringing total to 2.914 billion. It marks the seventh consecutive monthly gain, highest since 1954. Since October 1957 inflows reached 1.064 billion, aided by wool, cocoa, jute and strong UK auto exports to the United States.
MENTIONED IN THIS ARTICLE
Sterling Area
London
Sterling
Treasury
United Kingdom
United States
Lukens Steel Starts Making a New Alloy
Lukens Steel Co. announces production of low-carbon high nickel content alloy named Lukens Nine Nickel. It contains nine percent nickel and reportedly costs about half the price of other materials suitable for extremely cold work. The firm cites demand from missile, chemical, and steel industries using liquid oxygen and other cryogenic processes.
MENTIONED IN THIS ARTICLE
Philadelphia
Lukens Steel Co
Oil Companies Post Mixed First Quarter Profits
Ashland Oil reports a March quarter net of 2.46 million or 36 cents a share on 5.728 million shares, with sales totaling 70.96 million, down from 80.09 million a year earlier. Hancock Oil and Middle States Petroleum also show varied quarterly results, while Leonard Refineries and Universal Consolidated Oil report differing year over year figures.
MENTIONED IN THIS ARTICLE
Ashland Oil and Refining Co
Ashland Oil
Hancock Oil Co
Middle States Petroleum Corp
Leonard Refineries Inc
Universal Consolidated Oi! Co
Penn-Texas Reports 382 000 Quarter Net
Penn-Texas Corp. reports a net income for the quarter ended March 31 of 382 000 dollars. The result includes 555 000 dollars in special credits, minus 173 000 dollars in operating losses, after a 170 000 dollars tax impact. In Q1 1957 the company earned 1 893 000 dollars, including 610 000 dollars in non recurring income.
MENTIONED IN THIS ARTICLE
Penn- Texas
New York
Penn-Texas Corp
SEC Partial OK for Inland Gas Reorganization Plan
The SEC gave partial approval to a bankruptcy reorganization plan involving Inland Gas Corp Kentucky Fuel Gas Corp and American Fuel Power Co. The plan drafts a $4 million bank loan and pays creditors of American Fuel and Kentucky Fuel while issuing new stock to Columbia Gas System Inc. The SEC deems it fair to American Fuel creditors but unfair to Kentucky Fuel creditors and objects to prioritizing Columbia Gas claims over Kentucky Fuel interest claims. Directors of Thew Shovel Co took no dividend action due to weak business conditions and a first quarter loss, with future payouts tied to earnings and market conditions.
MENTIONED IN THIS ARTICLE
Washington
SEC
Inland Gas Corp
Kentucky Fuel Gas Corp
American Fuel & Power Co
Kentucky Fuel
American Fuel
Inland
Federal District Court For
Eastern
Kentucky
T J
Columbia Gas System Inec
Columbia Gas
Lorain
Ohio
Thew Shovel Co
C. B. Smythe
Thew Shovel
Smythe
Michigan Highway Bonds Planned With Large Issue
Michigan plans to market 10 million dollars in trunkline highway revenue bonds on May 27 backed by gasoline taxes and weight fees to fund limited access highways. A subsequent 100 million dollar Detroit Metropolitan Expressway bond issue may follow about three weeks later.
MENTIONED IN THIS ARTICLE
Michigan
Detroit
Detroit Metropoltan Area Express Way
Electric Bond and Shares Co assets dip in March
Electric Bond and Share Co reports net assets at March 31 of 255,561,700, 29.63 a share, down from 173,462,900 and 32.66 a share a year earlier. Dividend Shares Inc shows assets at 213,603,828 or 2.54 a share, while De Vegs Mutual Fund reports 14,121,482 to 59.71 a share. Growth Industries Shares posts 11,143,280 at 13.72 a share, Nation Wide Securities 27,636,671 at 18.38, and T Rowe Price Growth Stocks 10,731,650 at 29.91. Shareholders Trust Boston lists 18,930,890 at 9.64, Incorporated Investors 217,148,798 at 6.94.
MENTIONED IN THIS ARTICLE
Salem
Abboti L
Xat Dairy
Admiral
Air Reduc
Alva Prodeene
Alice Lud
New Fine FL
Allied
Bosch
Pac
Ohio
Oliver Cp
M&fdy
jAm
Phelps
Fey, Armour & Co
Oes
Paul Pet
Atchison
E&o
Bald Lima
RCA
Raytheon Sone
Vt Bs
Bendix
Benguet
Boeing Air 1B
Bory Warn
Budd Co
Royal Dot
Safeway
Burroughs
Sears Roeb
Sinclair
Socony A
Cen & SW
Sit Cerseed
Ches & Oh
Sperry
Chryster
STK
Fe Spiegel
Cora Cola
Sid Oil Cale
Colg Palm
Ind
Coto Fadr
Col Brd
Columbas
Swine & & Co Wa It Sa Sa
Cosden
Crane Co
Wex Pc&o
Curls
Curtis
Textron
Tidewat
Decca
Deere
Tratsamer
del Law
Dow Chem
Firestone
West & Bk
Wilson & Ca
Gillette
Cuno Eng
Goodyear
VPM Grare & Co
Dictaphone Corp
Emhart Ai
Treyhound
Fafnir
Grhm Aire
Farrel Birmingham
Mobeaza
Mandy Harmanie
Trey
Unyden
Landers
Frars
Momestic
North Judd
Peter Pau Bey
Af, Kidder & Co
New Britain
American Crain
Peter Paul Wee
Plume Atrond
Nik
Bridgeport Arass
BOM
Stk Safely Industries
Parner By
Teabe Steel
MeKeson & H Sans Ee
Kern
Ld Oa
Bestos
Ramcay & Cothive
Maine
Ein Lous Trust
Martin Coete
Bankers Trust
Elee le
Meneed i QI
Me Bank of NY
Trig
Vast Saler Hous Pub Soc
A. OM. Kidder & On. Inc
New Haven Gas
New Haven
Hama
Kaiser Industries
Partevec
Monsan
Guaranty Trust
Tex Gas Trans
West Sasso
Motorola
Nat Bisc
JUS Trust
Electric Bond and Share Co
Electric Bond
Inc
de Vegs Mutual Fund, Inc
Growth Industries Shares, Inc
Nation Wide Securities Co. Inc
T. Rowe Price Growth Stocks Fund, Inc
Shareholders Trust of
Boston
Incorporated
Also Mentioned on This Page
Brunswick Balke
S. S. White Dental Manufacturing Co
Emerson Electric Mfg. Co
MacAndrews & Forbes Co
General American Industries, Inc
S Mooth
United Printers & Publishers
Incs
Electric Storage Battery Co
Puget Sound Pulp & Timber Co
Hofman Electronics Corp
Hartford
Barium Steel
Compar
Duquesne Light Co
Connecticut
Brith. Ramsay & Co
Sisto
Sign OF the Times
John L. Sullivan
Luken Steel
Mutual Funds
Forman F. Mares & Asanclatest
Affiliated
Atomice Develop Fund
Canada General Fund
Commonwealth Inc. Fund
Commonrealtth
Fidelity Fund
Cone
Fundamental Investors
VA Sass
Mass. Investors. Trust
Pioneer Fund
Iista Va
Vee VO
Wellington
Amninnract
Associates Sncs
Blackstone
Norge
Whirlpool
Maytag
Inland Gas Co
William Street Fund
William Street Fund, Inc
Lehman Brothers
American Optical
American Optical Co
New York Life Insurance Co
Kuhn Loeb & Co
Conlin
Varekrom
Nicks
Mars
Ree Cg
Golden Hin Street
Smifth, Ransay & Ox
Eyity
Birt
Aeina Insurance
Aeina Life Co
Amer Fid Cas
Conn Gen Life QI
Hartford Fire
National Fire QI
Skinhead
Phonos
Barney's TV Sales & Service
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