Harvester posts 5 percent rise in farm equipment sales
CHICAGO May 12 Farm equipment sales of International Harvester Co in the first half ended April 30 rose about 5 percent from the prior year according to Mark V Keeler vice president of the farm equipment group The April month saw the largest tractor dealer deliveries in six and a half years as weather delays eased and May started strong The preliminary estimate notes final figures will take time and cites wet cold conditions delaying farm activity prior to the spring surge
MENTIONED IN THIS ARTICLE
Chicago
International Harvester Co
Harvester
Mark V. Keeler
Keeler
United States
Mr. Keeler
Connecticut Industries Prices From Walker & Co
Connecticut issues show price data from G. H. Walker & Co detailing current rates, costs, and market movements. Information highlights shifts in value, supplier listings, and potential effects on local manufacturing sectors.
MENTIONED IN THIS ARTICLE
Connecticut Industries
G. HL
Walker & Co
AGF Wrigley Income Gains in Nine Month Report
AGF Wrigley Stores Inc reports nine month net income ending March 31 of 3 951 124 dollars, or 1 07 a common share, up from 3 643 641 dollars or 98 cents. Aluminum Co of Canada Ltd reports March quarter net 4 517 020, down from 11 004 318. Beatrice Food Co nets 7 601 678 for year to Feb 28, vs 7 316 642. Amerada Petroleum March quarter net 5 550 563, vs 8 745 612. Louisiana Land Exploration March quarter net 4 799 850, vs 5 471 322. Halliburton March quarter net 2 502 359, vs 2 184 951. Pacific Far East Line 1957 net 3 849 060, vs 3 030 141. Midwest Piping net 2 289 374, vs 1 583 040. Beam Distilling April quarter net 2 625 000, vs 2 097 000. Allied Mills nine month net 1 870 644. Publicker Industries March quarter loss 1 095 528. St Lawrence Corp March quarter net 1 010 036. Mutual funds, stock performance notes follow.
MENTIONED IN THIS ARTICLE
The
Aluminium Ltd
Aluminum Co., of Canada, Ltd
Beatrice Food Co
Amerada Petroleum Corp
Louisiana Land & Exploration Co
Halliburton Oil Well Cementing Co
Pacific Far East Line Inc
Midwest Piping Co. Inc
James B. Beam Distilling Co
Allied Mills Incs
Publicker Industries Inc
St. Lawrence Corp. Ltd
East Abbot
Motorola
AIM
Allied Ch
Allied Stes
Ketcher
Alum Ltd
NY Central
Amerada 2
di Am Aftlin
Am Bosch
North& West
Second Am
Ohio
Fletcher
Maféy
Olin
Am ‘Motors
OlreviCp
Pac G & el
Pan AW
AmTel & Tet
Wsie
OD Gan
Am Zinetec
Phelps BP
Anaconda A
A.M. Eidder & Co
Atchison
Atl Cst
E&g
Publick Ind
Avco Mig
Pulman
Vanae
Bald Lima
Bridgeport Brass
IRCA
Sam Sy
Bullard Company
Raytheon
Balt & Oh
Tee Te Oh Bendix
iRepph
Crane Company
Benguet
Republit
Harvey Hubbell Ve
Beth Steel
Rex Drug Ty Cog
Locke Steel
Boeing Air Ib
McKeston Robbing
Remington Arme
Underwesd Corp
Bullara
Safeway
United Aireraty
American Motors
Sort
ISI
Ys &T
Wall Street
Burroughs i
Louis E. Wolfson
Schering
Case
Shell
Alsinclair
Cen & SW
Studebaker - Packard
Sp&pac
Sperry Rd
Chrysler
Cole Paim
Golo F & Ir
Colum
Stauff
Lorillard
Colorado
Vie
Swift & Co
Texas Co
New York Stock Exchange
Allied la- Fay
Tex P Cao
Te Crane Co
Merckoff
Curtiss We
Textron
Tay, Lo, Culler
Tidewat
Parke
Davis
Decca Rec
Tak- Deere
U. S
Avy
Doug Alrc
Elun Pac
Ale Lin
Dalt Aire
Dress Ind
United Cp
Kennecott
Gulf Oil
Nickel Plate
East Airy
Panhandle
el & Mus
Houston Light
Chemical
General Electric Firestone
Ford Met
American Stock Exchange
Westy
Wilson & Co
Woolworth
Gen Motors
Todd Shi Gen
Worthington
Lynest Bho & TT
Goodrich
al Agy
Humble Oil
Goodyear
Zenith Rad Sa
Pacific Petroleum
Firth
I Grace & Co
Greshound
Gulf Mob & O
U.S
Hexden
Hormesik
Houst L & P
Howe
Soy City Trust
Bankers: Trust of
Tel & Te
Bank of NY
Johns Man
Chase-Manhat
Jones & le
Chemical-Corm
Sly Kaiser al
Empire
Kern C Ld
Guaranty Trust
Lehigh C &N
Hanover Bk NY
Irving Trust
LOE Grase
Lit Men&al
Mira Trust
Ling & My
NY Trust
Us Trust
Loew's
Lorard
SF Mack Trk
Asned Marine Mid
T Martin Co
Aetna Insurance QJ
Aetna Lite
Hartford Fire
Middle
Monsan
Studebaker Plans Economy Car After Loss
Studebaker-Packard Corp reported a March quarter net loss of 6.29 million, vs 2.41 million a year earlier, and announced a shift to a short wheel base economy car with minimal annual design changes. The new model will use a redesigned six cylinder engine from the Scotsman line to boost mileage.
MENTIONED IN THIS ARTICLE
South Bend
Ind
Studebaker-Packard Corp
Harold E. Churchill
Wall Street Mixed as Drug Shares Lag Markets Slip
By ED MORSE NEW YORK May 12 AP Drug shares fell after antitrust charges involving polio vaccine sales while major averages slipped modestly. Volume rose to 7.78 million as gainers included low priced stocks. Industrials, rails, metals declined while motors, oils, coppers fell. American Motors led active list, up 3-4 to 14 1-4 on 178,800 shares as Studebaker-Packard and Outboard Marine also gained.
MENTIONED IN THIS ARTICLE
ED Morse
New York
Wall Street
Associated Press
American Motors
Studebaker-Packard
Outboard Marine
Fairchild Engine
Lockheed
Ithese
Andre U. S
Onew Fletcher
St. Joseph Lead Co
Renee Wees
Fletcher
Studbkr
Guiboard Marine
Amer Motors
Fairchild Eng
Tere
Lockheed Aire
Lorillard Uw
Beth Steel
Case Co
Eae Nae
Gen Motors
Royal Dutch
Ist. Joseph Lead Asks Tariff Rise
We were astonished by Secretary Seaton's subsidy proposal said Mr. Fletcher. We expected relief under recommendations for higher import duties recently announced by a tariff commission. Details of the Seaton plan are lacking and we must wait for more information before commenting.
MENTIONED IN THIS ARTICLE
Seaton
Fletcher
St Joe Lead May Sales Show Little March Gain
St Joseph Lead Co vice president Charles Ince said April sales of lead and zinc showed little improvement over March, noting March business was relatively low and giving a cautious outlook for the sector amid weak demand and market uncertainty.
MENTIONED IN THIS ARTICLE
St. Joseph
Charles Ince
St. Joe
Wisconsin Power and Light stock rights offered
Common holders record May 5 may subscribe to 241,211 new shares at 26.25 each in a one for twelve ratio. Preferred holders may subscribe to 30,0091 new 4.76 percent preferred shares. Rights extend to employees with allotment. Underwritten by Smith, Barney and R W. Baird. Expire May 27. Proceeds to repay bank loans of about 35 million and fund construction.
MENTIONED IN THIS ARTICLE
New York
Wisconsin Power & Light Co
Smith, Barney Co
R W. Baird & Co., Inc
Wisconsin P & L
Comstruc
Colorado fuel omits common dividend after losses
Colorad o Fuel & Iron Corp directors voted to omit the common dividend to conserve cash amid first quarter losses. A 2 percent stock dividend was also noted as of April. The firm expects improved results in Q2 and plans to resume dividends when conditions warrant. Rath Packing also omitted the June common dividend, citing small six month profit and high capital needs.
MENTIONED IN THIS ARTICLE
New York
Colorado
Fuel & Iron Corp
Tols
A. F. Franz
Colorado Fuel
Chicago
Rath
Howard H. Rath
Dividends and Records From Various Corporations
Dividend notices list several firms with regular quarterly or semi-annual payments on common and preferred shares. Pay dates range from May to August with corresponding record dates in late May to June. Companies include Automatic Voting Machine Corp Investors Mississippi Valley Gas Montrose Chemical Co North Americas Refractorie Parker Pen St Paul Fire Marine Texas Gas Transmission Reme Cable Jaeger Machine Marquette Cement Washington Water Power Cannon Mills Hydro Electric Securities.
MENTIONED IN THIS ARTICLE
Automatic Voting Machine Corp
James B. Beam Distilling Co
Mississippi Valley Gas Co
Montrose Chemical Co
North Americas Refractorie
Parker Pes Co
St.Paul Fire& Marine Insurance Co
Texas Gas Transmission Corp
Reme Cable Co
Jaeger Machine Co
Vlay
Marquette Cement Mfg. Co
Washington Water Power Co
Sears Expects Autumn Upturn After Encouraging April Sales
Chicago May 12 Sears Roebuck and Co reported April sales were decidedly encouraging and forecast improvements in the economy by September or October. Theodore Houser, departing as chairman, said Fowler B. McConnell will succeed him. Charles H. Kellstadt elected president. April sales slightly below a year earlier due to Easter timing. Quarterly results showed earnings before taxes and contributions about 53 to 54 million, down from 61.75 million. A regular dividend of 25 cents per share will be paid July 2 to holders of record May 23.
MENTIONED IN THIS ARTICLE
Chicago
Sears, Roebuck & Co
Theodore Vu, Houser
Houser
Fowler B.mcconnell
Charles H. Kellstadt
Sears
Also Mentioned on This Page
Connecticut
Farrel Birmingham
Handy Harman
Landers Frary Clack
Marlin Rockwell
New Britain Machine
North Judd
Peter Paul
Flumentweed
Farstk Safely Industries
Stanley Works
Tortington Co
Veeder Root
Rices
Smith, Ramsay & Co
Bat Gas
Bat Hydraulic
Maine
New Haven Gas
New Haven Water
South
United Mun . OA
West Mass
Acf-Wrigley Stores, Inc
Mutual
Frices
Norman F. Dacey & Associates
Aske
Atomic Development Fund
Canada General Fund
Commonwith Income Fund
Commonwealth Investment
Sheller Mfg. Corp
March Fidelity Fund
Pioneer Fund
Wellington Fund
Jefferson Lake Sulphur Co
Mansfield Titre & Rubber Co
Briggs Manufacturing Co
National Can Corp
Detroit International Bridge Co
Mitro Aluminum Co
Aluminum Goods Manufacturing Co
McKay Machine Co
Mass
Invsiss
Fed
Investors Trust
Virginia-Carolina Chemical National
Corp
Studebaker
Dacey W
Bridgeport
Eee
Wea
Cliantela
Edison
MR. Perry Jessup
Michiges Ave
Lessing
Michigan
AUICL
Dow Jones
Joseph
Uiyiuenu
Smh
Ramssy “& Co
Lit
Ramzy & Co
American Exchange
A. M. Ridder & Co, Inc
Lest
Ie Wlk
American Maracaibo
OMA
Harvey Hubbell Oo Ocseres
Kaiser Industries
Reveres
American Iron & Steel Institute
Isears
Hincks Bros. & Co, Inc
Main Street
Bridgeport, Edison
Midwest Stock Exchange
One William Street Fund, Inc
Lehman Brothers
Hincks Bros. & CO
Main ST
Conn
Wort Edisen
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