American Broadcasting Sees June Quarter Earnings Rise
Mr. Goldenson reported American Broadcasting expects the June quarter to show improvement over 1957. The firm has color production plans including studios, equipment, and facilities in Chicago Detroit Los Angeles and New York with initial color investments of up to 25 million while total capital outlays approach 26 to 25 million over 18 months.
MENTIONED IN THIS ARTICLE
New York
Goldenson
American Broadcasting
Mount Theaters, Inc
Leonard H. Goldenson
Gramming
Chicago
Los Angeles
Goldson
General Electric Co
aRadio Corp of America
Dividends Listed From Dow Jones News Service
A long list of regular quarterly dividends on common stock from numerous companies with amounts per share, payment dates, and record dates. Includes Penn-Dixie Cement, Public Service Electric and Gas, Kelsey Hayes, American Cyanamid, Adams Express, Continental Steel, American International, Brillo Manufacturing, Natco, Merck, Kellogg, J C Penney, Crucible Steel, Mesta Machine, National City Lines, Temco Aircraft, Philip Carey, American Hoist, G Helleman Brewing, Massachusetts Investors Growth Stock Fund, J Ray McDermott, Roan Antelope Copper, United Utilities, Willcox & Gibbs, Eastman Kodak, Pittsburgh Forgings, Chicago Great Western, Cutterjammer, Kimberly-Clark, Penick and Ford, Ohio Edison, B F Goodrich, Plymouth Oil, Tennessee, Garrett, Briggs and Stratton, Todd Shipyards, Duquesne Light, Alland Wool Steel, Houston & Field, Twentieth Century-Fox, Globe Union.
MENTIONED IN THIS ARTICLE
Dow Jones News Service
Ual
Penn-Dixie Cement Corp
Public Service Electric
Gas Co
Com- Kelsey Hayes Co
American Cyanamid Co
Ord
Adams Express
Continental Steel Corp
American International Corp
Brillo Manufacturing Co. Inc
J. C. Penney Co
Crucible Steel Co. of America
Mesta Machine Co
National City Lines Inc
Temco Aircraft Corp
Philip Carey Mig. Co
American Hoist & Derrick Co
G. Helleman Brewing Co
Massachusetts Investors Growth Stock Fund
J. Ray McDermott & Co., Inc
Roan Antelope Copper Mines, Ltd
United Utilities, Inc
Willcox & Gibbs Sewing Machine Co
Eastman Kodak Co
Pittsburgh Forgings Co
Chicago Great Western Rail Way Co
Cutterjammer Inc
Kimberly-Clark Corp
Penick and Ford Ltd. Inc
Telegraph O
Ohio Edison Co
B. F. Goodrich Co
Plymouth Oil Co
Tennessee Corp
Garrett Corp
Briggs and Stratton Corp
Todd Shipyards Corp
Alland Wool Steel Co
Houston
It Field Co
Twentieth Century-Fox Films Corp
Globe Union Inc
New England Electric Reports Four Month Earnings Rise
Boston May 20 New England Electric System reports a four month net income ending April 30 of 197 000 or 53 cents a share on 11 622 553 capital shares up from 71 000 or 51 cents on 10 854 683 shares in 1957. Irwin L Moore president notes about 400 000 of the rise reflects inclusion of Lynn Gas and Electric Co acquired after April 30 1957.
MENTIONED IN THIS ARTICLE
Boston
New England Electric System Today
Irwin L. Moore
Lynn Gas& Electric Co
Mutual Funds Prices From Norman F. Dacey Associates
Mutual funds listed with prices including Atomic Development Fund Canada General Fund and Fidelity Fund plus Mass Investors Trust Wellington Fund and Pioneer Fund. Values shown for each fund, some with decimal figures, page appears to be a financial update.
MENTIONED IN THIS ARTICLE
Norman F. Dacey & Associates
Atomic Development Fund
Canada General Fund
Commonsilih Income Fund
Commonwealth Investment
Eaton & Hwrd Binch Fund
Fidelity Fund
Fundamental Investors
Incorporated Investors
Mass. Invstts Grth Sik Fnd
Mass. Investors Trust
Pioneer Fund
Television-Electronics
Wellington Fund
Market Widens Gains Led by Steels and Aircraft Stocks
In New York May 20 the market moved higher led by steels and aircraft shares as turnover rose to 2.5 million. The Associated Press average jumped 1.30 to 186.60 and the Dow gained 3.85 to 459.83 as 692 of 1,170 issues rose. Polaroid and U S Steel among top active issues, with gains in chemicals, rails, and autos.
MENTIONED IN THIS ARTICLE
ED Morse
New York
Youngstown
Associated Press
New York Stock Exchange
Wall Street
Polaroid
Serval
Peabody Coal
U.S. Steel
North American Aviation
American Motors
Studebaker- Packard
Case
Lorillard
Twentieth Century-Fox
Fairchild
Bell & Howell
United Aircraft
Lukens Steel
Bethlehem
Alcoa
Richfield Joi
Gulf Oil
Ilinois Central
Kennecott
American Smelling
American Stock Exchange
Creole Petroleum
Giant Yellowknife
Woodley Petroleum
Lear
U.S
Dow Jones
Uilat
Pdr
Public Utilities Tetsaes
AO Industrials Prineeereee
Tacome Rails
Eergees Elster Ees Eesaaaeeee Sree
Us$ Steel
Peabody Coal M
Nor Am Avia
Amer Motors
Royal Dutch My
Gil Nely Sasa
Nes
Commonwealth Edison Sees 1st Quarter Trend
Willis Gale chairman told the annual meeting that electricity sales in the early second quarter follow the same pattern as the first quarter. Industrial sales may decline more than the 9.4 percent drop, but no further sharp downturn is seen. residential and commercial sales show gains versus last year.
MENTIONED IN THIS ARTICLE
Chicago
Commonwealth Edison Co
Willis Gale
Greyhound Increases Authorized Common Shares
Greyhound Corp shareholders approve raising authorized common shares to 14,000,000 from 12,009,000. President Arthur Genet notes 10,811,659 shares outstanding and potential rise to 11,931,971 with new authorizations. He cites needs for acquisitions of minority interests and other corporate aims. April traffic shows slight improvement due to better weather.
MENTIONED IN THIS ARTICLE
Wilmington
Greyhound Corp
Arthur
Genet
Greyhound
Connecticut Co. Posts First Quarter Loss. Seeks Fare Hikes
The Connecticut Co. reported a first quarter loss of 135,286 dollars and projected four month losses exceeding 170,000 dollars. It seeks fare increases from 15 to 200 cents to offset declining passenger revenue and higher costs.
MENTIONED IN THIS ARTICLE
Connecticut Co
New Haven
The
New York Chicago and St Louis Railroad Declares 50 Cent Dividend
The New York Chicago and St Louis Railroad Co. announces a regular quarterly dividend of 50 cents on common stock payable July 1 with a record date May 29. Chairman Lynne L. White said despite lower earnings and high outlays the railroad maintains cash resources and expects a pickup in business, justifying the steady payout under a conservative policy.
MENTIONED IN THIS ARTICLE
Cleveland
New York, Chicago & St. Louis Railroad Co
Lynne L. White
White
Pet Milk declares quarterly dividend despite lower March quarter
Pet Milk Co reports March quarter earnings of 216,365 dollars or 29 cents a share, down from 376,401 dollars or 63 cents in 1957. Net sales total 45,110,289 dollars, down from 43,026,363 dollars the prior year, yet the company approves a regular dividend of 40 cents a share payable July 7 to holders of record June 10.
MENTIONED IN THIS ARTICLE
ST. Louis
Pet Milk Co
Pet Milk
New York Central reports four month loss of 20 million
New York Central Railroad announced a four month period ending in April 1958 with a total loss of 20,650,291 compared to 1957’s income of 8,000,494. Four month gross fell to 205,447,559 from 254, , while April showed a net loss of 3,065,508 against a 1957 April profit of 2,315,591.
MENTIONED IN THIS ARTICLE
New York
New York Central Railroad Today
Socony Mobil Foresees Recovery Amid Cutbacks
At the annual meeting Socony Mobil Oil president Albert L. Nickerson said cutbacks in production and refinery runs cut inventories east of the Rockies, setting the stage for recovery if demand rises and trends continue. He warned inventories should reach appropriate levels by year end if those conditions hold.
MENTIONED IN THIS ARTICLE
New York
Albert L.nickerson
Socony Mobil Oil Co
Rockies
Socany
Southern Railway Riding Out Slump With Growth Outlook
Richmond VA May 20 The Southern Railway Co president Harry A Debutts said at the annual meeting the railroad is riding out the recession well. He cited vigorous growth in the region served and attributed the position to past heavy investment in property improvements and emphasis on management talent development.
MENTIONED IN THIS ARTICLE
Richmond
Southern Railway Co
Harry A. Debutlts
Debutts
Southern
Connecticut Railway and Lighting reports quarter loss
The Connecticut Railway and Lighting company posted an operating loss of 903?418 for the first quarter. President Paul A. Rust said April books show a profit of 2000 after an April 6 fare raise.
MENTIONED IN THIS ARTICLE
Connecticut Railway and Lighting Company
Paul A. Rust
Middle South Utilities reports higher earnings for year to April 30
Middle South Utilities Inc reports rising income for the first four months of 1958 and the 12 months ended April 30. The firm declares a quarterly dividend of 4 1/2 cents per share payable July 1 to record June 10. For the four months net earned totals $6,074,101 or 75 cents a share on 8,050,000 shares, vs $4,849,317 or 64 cents on 7,598,108 shares in 1957. The 12-month net to April 30 is $20,600,815 or $2.56 a share. Columbus & Southern Ohio Electric Co posts $7,548,365 for the year, Central Illinois Light reports $5,383,508, with after-dividends per share of $2.05.
MENTIONED IN THIS ARTICLE
Middle South Utilities Inc
Middle South
Columbus & Southern Ohio ‘Electric Co
Central Illinois Light Co
Wall Street Outlook Signals Divided Tests Ahead
Wall Street traders face more divided tests in the next two weeks as directors of numerous companies weigh maintaining regular dividends amid shrinking earnings. European markets remain buyers despite Middle East and France unrest. Union Pacific may see only modest earnings decline from 1937. Market watchers say many issues are overpriced unless a sharp earnings rise occurs soon. Umpire Bill Summers begins his 26th consecutive American League season.
MENTIONED IN THIS ARTICLE
New York
INS
Wall Street
Hornblower & Weeks
William R. White
Cluett Peabody
Pacific Mills
J. P. Stevens
Europe
Middle East
France
Union Pacific
Fahnestock & Co
Edmund W. Tabell
Walston & Co
Gimbel Brothers Sales Rise Despite Earnings Dip
Gimbel Brothers Inc reports 23-10 percent higher quarter sales to 83.84 million as of April 30, but earnings drop to 617 thousand dollars or 26 cents a share. Chair Bernard F. Gimbel cites non recurring factors for the first quarter profit decline. Bruce Gimbel, president, avoids detailing causes.
MENTIONED IN THIS ARTICLE
New York
Gimbel Bros Inc
Bernard F. Gimbel
Gimbel
Bruce Gimibe
Also Mentioned on This Page
Merck and Co
Kellogg Co
Merman
Dacey
CILCO
Ila State Stace
N. E
William Street Fund, Inc
Mutual Funds Department
Norman Fyl
Financial Consultants — Trustees
State Street
Bridgeport
Conn
Pleaca
One William Street Fund
Smith, Ramsay @ Co
City’ Trust
OM Ciy
Yadany
Bankers ‘Trust
Bank of N
Chase-Manhal
Empire
City Bk
Guaranty Trust
Hanover
Mira Trust
US Trust
Sealth, Ramsay & Co
Aetna Insurance
Aetna Life
Abbot L
tNal
Admiral
New Eng Ely
Alco
NH & Hart
Ort & West
Nor Pac
Saene BF
Bosch
Ohia
Wah
Olver Cp Ogan
Pac G & el
Am & F
Tans Way
Phelps
Philip Videes
Philip Mor
Paul Pet
BIOM
Armco
Armourd&Co
E&g
Atchison
Pullman
Jay al Relin
Rr A Raytheon Ae OS
Balt & Oh
Rex Drugg
Benguel
Richlid Oil Ga
Belk Steel One Osb
Boeing Air 1B
Aly
Robr Airc
Borden Reas
Royal
Ady
Ae Pan
Safeway
Brizes
Vas
Schenley
Ind
Schering
Burroughs
Sears Roth
Sindale
Southern Co
Sperry
Ches & Oh
Spiegel
Cal Palm
Cole Fair
Ny Stud Pack Ao
Colum Gas
Sunray
Goml
Va Swill & Co. Ja
Com
Textpc&oy
Crane Co
Curtis Pub
An Sie Tidewal
iCurtiss Wireee
iTransamer
Culler H
Doug Aire
Aire
SPY
United
Mx du Pont
Erie
Food Fair
Ford Met
Gen Pynam
Wilson, & Co
Goodrich
Goodyear
Grace & Co
Mob & O
Nick
Tel & Tel
Gary
Johny Man
Sones & L
Kaiser al
Kennecott Oa
Kern C LA Za
Tahigh C&n Vey
Valsar
Lin MoNel
Ty A
Ne & My
Loew's
Lone & Gas
Smith, Ramsay & Co
LoriMard
Dir
Bri
Mack Trk
au _ Marine Mit
Ay Martin Co
Apt
Maine
Monsan
Mont Ward Af
South NE Tete
Motorola Wy
Tex
Nat Dalry
Nat Pilley
United Num Bat Gypa Jb
Ays
Connecticut
Connecticut Industries
G. H. Walker & Co
Neeree OM
Dictaphone Corp
Emhart
Fatnie
Farrel Birmingham Nv
Randy Harman
Kertie
Landers Frary Clark
Stanley Works
Sait
Torrington Co
Veeder Root
Commonwealth Edison
N.Y. Central
Socony Mobil
American Airlines
Del
American Airlines, Inc
C. R. Smith
Pullman-Standard Car Mig. Co
Pullman Inc
Champ Carry
Charman
Pullman-Standard
Louisville & Nashville Railroad
Chicago, Milwaukee and St. Paul Railroad
Carry
Jin
Southern Railway
Cr&l
Wall St
Bill Summers
NORD
Fargo
Broad St
Baldwin Pearson
Realtors
Stete
Edison Biry
Chas. W. Scranton & CO
John Street
John St
Edison
Westport
Norwalk
Enterprise
Norman J. Gaynor
Arthur C. Jennings Investments
New Havers
Cameo Parking Lot
Itile
Spain
Foreign Exchange Department
Connecticut National Bank
National Bank
Federal Reserve System
Federal Deposit Insurance Corp
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