Railroads post four month nets across system totals
Southern Pacific shows four month net income of 16.15 million or 1.79 a share versus 18.47 million or 2.04 in 1957. Virginian, Norfolk & Western, Illinois Central, Northern Pacific, Chicago lines and others report varied gains and losses with April figures and four month totals.
MENTIONED IN THIS ARTICLE
Southern Pacific Transportation System
Virginian Railway
Norfolk & Western Railway
Ilinois Central Railroad
Northern Pacific Railway
Chicago, Rock Island & Pacific Railroad
Chicago & North Western Railway System
Chicago, Milwaukee, St. Paul &Pacific Railroad
Missouri Pacific Railroad
C and C Television Plans 10 for 1 Reverse Stock Split
C and C Television Corp. seeks stockholder approval for a 10 for 1 reverse split and a name change to Television Industries, Inc. at a June 17 special meeting. Also proposed is reducing authorized shares to 3,000,000 from 10,000,000 and eliminating cumulative voting. The proxy notes asset transfers and ongoing non-television losses tied to reorganizations and a 1957 transfer of non-television operations to National Phoenix Industries.
MENTIONED IN THIS ARTICLE
New York
C & C Television
Corp
Television Industries, Inc
C & C Television Corp
CC Cuper Corp
RKO Film Library
National Phoenix Industries Inc
Washington Gas Gets New Preferred Okay
Stockholders of Washington Gas Light Co approve a 300000 share new serial preferred class. They re designate the existing 4.25 percent preferred as the first series and eliminate other unissued preferred classes. The company cites regional fund needs and says no issuance plans are set this year.
MENTIONED IN THIS ARTICLE
Washington
Washington Gas Light Co
Bridgeport Brass Declares 37 1 2 Cent Dividend
Bridgeport Brass company in New York declared a dividend of 37 1 2 cents on common stock payable June 30 to holders of record June 16. The company paid 62 1 2 cents in previous quarters.
MENTIONED IN THIS ARTICLE
New York
Bridgeport Brass Company
Bridgeport Brass
Wall Street Trend Mixed on Petition Hopes and Steel Rise
Wall Street showed a mixed day with rails gaining on hopes excise taxes may be repealed while the broader market cooled. Trading was active at about 2.5 million shares as steel stocks led early, boosted by brighter output and demand prospects and higher steel scrap prices.
MENTIONED IN THIS ARTICLE
New York
Rails
Bank Stocks Rally Pauses As Profit Taking Hits Steels
The market shows initial gains on railroad and airline relief hopes after Senate Commerce committee backed a freight and passenger tax repeal. Profit taking trimmed gains in steels with Bethlehem Steel and American Motors among active movers, while US Steel GM and Jacobs improved. Exchange prices mixed as bonds declined and several carriers edged up.
MENTIONED IN THIS ARTICLE
Rails
Senate Commerce Committee
Congress
France
Associated Press
Bethlehem Steel
American Motors
U.S. Steel
General Motors
Jacobs Co
Youngstown Sheet
General Electric
Illinois Central
New York Central
Santa Fe
Baltimore & Ohio
Southern Railway
Republic Steel
United
Okonite
Diners’ Club
Mesabi Iron and
Todd Shipyards
Bailey Selburn
O'Kiep Copper
Vacnadium-Alioys Steel
Connecticut Issues CONNECTICUT INDUSTRIES Prices from Walker Co
Connecticut industries report prices from G H Walker Co with market movements. The listing highlights material costs and sector trends for business decisions.
MENTIONED IN THIS ARTICLE
Connecticut Industries
G. H. Walker # co
Dividend payment dates and records for numerous companies
A detailed list shows quarterly dividend amounts on common stock, payment dates, and record dates for many firms including Kansas City Southern Bay Allied Laboratories Baltimore Gas & Electric Carter Products Neht Corp H K Porter Sterling Brewers Marlin Continental Motors Montgomery Ward Power Corp of Canada Fall River Gas F E Myers Acme Electric Burgess Connecticut General Life Nuclear Corp Opelika Mfg Pacific Lumber Pacific Telephone Shawmut Speer Carbon Will Baumer Spartan Commonwealth Edison Houdaille North American Aviation Ex-Col-O Armstrong Mack W F Hall Director Casto Products Crane Company Meredith Publishing Co Remington Arms Til a Roofing Continental Baking United Aircraft Koppers Denver and Rio Grande West Kaiser Industries Wesson Oil Wael Htectrie Pend Ignera Railroad Co
MENTIONED IN THIS ARTICLE
Marlin Co
Continental Motors Corp
Montgomery Ward & Co
Power Corp. of Canada, Ltd
Fall River Gas Co
F. E. Myers & ‘Bros
Acme Electric Corp
Burgess Battery Co
Connecticut General Life Insurance Co
Federal Bake Shops, Inc
Nuclear Corp of America Inc
Special Reserve Fund
Opelika Mfg. Co
Pacific Lumber Co
Pacific Telephone & Telegraph Co
Shawmut Association
Speer Carbon Co
Will & Baumer Candie Co. Inc
Spartan Corp
Commonwealth Edison Co
Houdaille Industries Inc
Armstrong Rubber Co
Mack Trucks Inc
W. F. Hall Printing Co
Chenameake
Enor
Mullard
Isi
Jacke Steel
Ae McKesson Robbins
Meredith Publishing Co
Remington Arms
Continental Baking Co
Reg AO
Underword Corp
United Aircraft
Koppers Co
Ime
Reguar
Denver
Rio Grande West
United Aircraft Products
Falmant Petroterat
Harvey Hubbel
Kaiser Industries
Wesson Oil Co
Snowdrift , Co. Inc
Wael
Htectrie Pend
Ignera Railroad Co
Northern Natural Gas reports March quarter earnings rise
Northern Natural Gas Co posted a March quarter net income of 6.37 million dollars or 71 cents a share on 8.22 million shares, up from 5.95 million dollars or 71 cents on 7.31 million shares. Los Angeles executives forecast a prolonged market downturn into 1953, with funds shifting to defensive securities and bearish near-term outlooks.
MENTIONED IN THIS ARTICLE
Natl Gash
New York
Northern Natural Gas Co
Los Angeles
Dow Jones
George M. Hansen
Keys
Tone Custodian Funds Inc
Spa
Boston
Mass
Imarket
Ving Teager 5
Hensen
A. Meyer Kulp
Wellington Fund Inc
Philadelphia
Aaron C. Clark
Clark & Associates
Beverly Hills
Clark
Steel output slated higher for this week
New York May 26. Steel production for this week is estimated at 1,526,000 tons the American Iron and Steel Institute reported today The estimate equals 564 percent of current weekly capacity Actual production last week was 1,523,000 tons or 564-10 percent of capacity The percentage is based on an annual capacity of 140,742,570 net tons as of Jan 1 1958 Production last week has been forecast at 1,481,000 tons.
MENTIONED IN THIS ARTICLE
New York
Ameriican Iron & Steel Institute
Wichman Named Hotpoint General Manager by GE Board
General Electric announces William C. Wichman will become general manager of the Hotpoint division effective June 10. Wichman, a GE vice president, succeeds John C. Sharp who retires after serving since 1952 and will stay on as consultant. Reginald H. Jones is named to succeed Wichman as general manager of GE Supply in Bridgeport.
MENTIONED IN THIS ARTICLE
William C.wichman
Hotpoint
Divisiof
General Electric
Snce
Sharp
Wichman
Chicago
Goss
Reginald H. Jones
General Electric Supply Company
Bridgeport
Also Mentioned on This Page
Southern Pacific
C&c Television Corp
Mirra F Dacey S and Associates Cileo Building
State Street
Fargo
Bread St
Brcad
Bridgesert
Wall Street Trend
By ED Morse
Norman F. Dacey & Associates
Bila
Altialed Fund
Aloraic Development Fund
Canada General Fund
Eaton & Hwrd
Fidelity Fund
Fundamental Investors
Incorporated
Investors Trust
Nalionml
Pioneer Fund
Television Electronics Fund
Wellington Fund
Smith, Ramsay & Co
Walen
Sage
Alcom
North West
Bosch Ib
Nor Pac
Ohio
Am &F
Am. Motors
Oliver Co
PacGe Et
Vail
Phelps
Aly Va
Atmoosti
An Armouré Co
Philip Mor
Phill Pet
Vatchison
AML
Pullman
Rex
Bela Borden
Borg Warn
Budd Co
Bullard
Royal Dutee
Safeway
Burt Ind
Burroughs
Cen & SW
Sinclair
Southern Co
Sp&pac
Chryaler
SBM
Sperry Pd
Finan
Air Cal
Ap Cola Falm
Colo F & Ir
Columbar
Texas Co
B& Te
Cosden Pet
Tex G
Crane Co
Tex Pc&o
Courtis Pub
Tex
Corliss Wr
Wy Culler
Ir Textron
Decca
Deere Vo
du Pont
United Cp
Au Io
East Air L
M & My
Et & Mus
Erie RR
Bia
Fairch
Can Ory
Fe City Trust
Firestone
Sosig
Ford
Bankers ‘Trust
Bank of NY - Qa
West UN
Wilson & Go J
Empire
Gen Motors
Woolworth
Al's
Guaranty ‘Trust
Pn Worthington
Hanover Bk
Gillette
Goodrich
Trust
Goodyear
Mirs Trust
Grace & Co
Greyhound Ae
Gram Aire
Guilt Mob &O
Agina Fisurance
Heyden Not
Atina Life
Dictaphone Corp
Ry Me
L& P
PAL
Fafnir
Howe
Hartiford
Farrel Birmingham
Marlin Rockwell
New Britain
Paper
North Judd
Peter Paul Oe
Ava
Johns Man
Plume Atwood
Jones
Loew
Cottl Maine
Th Martin Co
Conn
Merck
Ie Ag. Ae
Mo Kea Tex
Ann New Haven
Weasan
Wy Moat
Tex East Trans
Nonter Om
Tex Gat Tran
Mont Ward
United Nam
Motorola
Ma & Bec
West Masr Co
Na Dairy
Connecticut
Kansas City Southern Bay
Allied Laboratories, Inc
Baltimore Gas & Electric Co
Carter Products, Inc
Neht Corp
H. K. Porter Co., Inc
Sterling Brewers, Inc
Local Industries
A. M. Kidder & Co, Inc
American Exchange
A. M. Kidder & O., Inc
Nigeer
Beth Steel Deeeecans
Amer Motors
Geo Motors
Aee
Jacobs Co Aaa
Lignanea
Mr. Werther
Mith
Ramsey & Ce
Thea
The
One William Street Fund, Inc
Hincks Bros. & Co., Inc
Main Street
Telephone Edison
Midwest Stock Exchange
William C. Wichman
Hincks Bros. « CO
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