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Bridgeport Telegram in Bridgeport, Connecticut

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Bridgeport Telegram

Location

Bridgeport, Connecticut, United States of America

Date

Oct 19, 1957

Page

12

Dividend notices and stock splits across several firms

Dividend declarations and record dates announced for U S White Dental, Buckeye Pipe Line, Marathon, Western Air Lines, New Jersey Power and Light, Central Vermont Public Service, Atlantic and West Point Rail, and General Steel Castings. Includes stock splits for Buckeye and Atlantic and West Point Rail, with payment dates from November to December and records from late October to December.

U. S. White Dental Mig. Co California Electric Power Co ST. Louis General Steel Castings Corp Buckeye Pipe Line Co Marathon Corp. Reguar Western Air Lines, Inc New Jersey Power & Light Co Central Vermont Ser- TE Penacre Mianapell Wtenat Aoe Board of Atlantic & West Point Ralls

Public Utility Stocks Dividend Details Listed

Prices and dividend notes from Smith, Ramsay and Co. cover Western Railway of Alabama United Aircraft Products Wisconsin Electric Power Bearings California Water Service Central & South West Duro-Test First Bank Stock Lamson & Sessions National Casket Om Gas Quest Conn Power Com Conn Water Hild Electric Ogilvie Flour Mills New Haven Gas New Haven Water South NE Tennessee Gas Trans Tex Fast Transcontinental Gas West Miss Portland Gas & Coke Siegler South Bend Lathe Great Northern Carborundum Southern Natural Gas. Record dates and payout details vary by company with regular and extra dividends noted.

Yrecuu Wee Western Railway of Alabama United Aircraft Products Inc Wisconsin Electric Power Co Bearings, Inc California Water Service Co Central & South West Corp Duro-Test Corp First Bank Stock Corp Lamson & Sessions Co National Casket Co, Inc Bot Gas Bot Hydraulic PwCom Ogilvie Flour Mills Co., Ltd Hild Gas New Haven Gas Des- New Haven Wat JJ South NE ‘Fele Tenn Transont Gas Oat United Mum West Miss Co Portland Gas & Coke Co Siegler Corp South Bend Great Northern Railway Carborundum Co Southern Natural Gas Co Douglas Aircraft Co, Inc Aign National Distillers & Chemical Cess Steeemh Not Corp Wall Street Allied Scott; Paper Co Algoua NY Central Chae SL VWH& Hart Airlin Tel AM Bosch Wabash Nia BM Niam Corp Am Cyan Nor & West Am Gas & el Nor Pac Nor Sia Pw Ohio York Stock Exchange Igs Am Radi Olin Math Portland General Electric Co Oliver Co Am Tel & Tel Pac G & el Associated Press Pan Am Air Bos Am H Hn Pa Pwell Peabody Coal Co Anaconde Armcostr Pepet Cola our&Co Sire VE Pfizer Atchison Jphieo Cslll Philp Pam Pet Sil Pr Mate Bald Lima K Stock Corp New York Stock Exchange Yancg aE.a Ineapolis Fedderal-Mogul-Bower Bearings Schering Borden Are Inc California Falking Gores Burroughs Richfid Olga CIT Finan Smith Beth-ora Cola Aa Southern Co Iehe Tsou Pac Alan Wood Steel Co Cola F & i Sperry Ad Col Gan Spiegel Sid Brand Cal. Az Cream of Wheat Corp Std Standard Oil New Jersey Consum Pw Shere Frigerator Mlinois Central Hussman Refrigerator Co Colden Walsunray QTY Hi Kennecott Crane Co Swit & Go Anaconda Cols Pub Snag Pourtiss Aly Langendorf United Bakeries Decca Rec Inc Alcoa Deere Yy .Vesse Rohraire Johns-Manville Tex Royal Cut International Nickel, Allied Chem Brextron Nazareth Cement Co Un-Lcan Pac Safeway St Safeway Case Ae Ta Ai Si San F Pennsalt Chemicals Corpey Root Steels Certteen Laren Wen Ligg & My S. Iy Mackeke Mont Ward Fast Wheel Upit M&o Lockh Aire Briddevort Brassary Marine Mla McKeason Robbing United Aircraft Motorola A &P Internationl Cor Eye Petrolemu Kaiser Industries Cen Xrators US Steel Imperial Omena Seusa Babes Eta Goodrich Warrenn Ein West UN Tel Trace & Co West A Bk U.S Weste el Greyhound Wilson & Cov Gram Aire Woolworth Gult Mob & O Worthington LORY Ynwst Sh & T Heyden Zenith Radia Homesti Sit L&p Lowe Snd Oly Trust Liang St Kono BK Bot Bankers Trust GI Hary Bank of NY Chase-Mantava Jim Paperah Lyn Tel & Tel Empire Lyohns Man Jones & L Qmd Guaranty Trust Kaiser al Hanover Bk NY Kennecott Irving Trust Kern C Ld Mire Trust Lehigh C&n NY Trust US Trust LOF Glass McN&l Azig Schering Mew Sinan Gap Sinclair MILEQ East Air Ltd Earth Fairch Boh Ag United Cy Aor Woodley Gen Dynan Sim S52 da Guinneda Skoe Toews Lang Ist Lt Martin Co Bullard Company Be Veterckta Wobina Sis Mo Bae A Raybeston Inc Monsan Ch Neeinai Arms Mont DU Schering Dt General Dynamics American Stock Exchange Rocq Garip Wes Hubbell Underwood Corps

Wall Street Dips After Early Rally In 1957 Trading

An energetic start in New York markets faded to a new 1957 low with moderate volume. Aircraft and missile stocks stayed largely up while steels and oils slipped, finishing with mixed results and several declines in terms of points.

New York

Cyanamid and Douglas Aircraft Post Strong Nine Month Results

American Cyanamid reports nine month net income from operations of 36.8 million dollars and earnings per share of 1.73 on 21.2 million shares with extra gains of 11.1 million and sales rising to 392.2 million. Douglas Aircraft Co posts nine month net of 26.0 million dollars or 7.03 a share before a 1.32 million charge with sales at 828.4 million, while market data shows mixed stock activity and broader market shifts.

Douglas Aircraft American Cyanamid Co

Sun Oil Settles Suit Against World Tankers

New York Oct 18 Sun Qi Co and World Tankers Corp announce settlement of a 150 million suit over a contract to ship 32 000 barrels of crude oil daily between Middle East ports and Marcus Hook Pennsylvania. Sun alleged breach by the Liberian- chartered firm Niarchos led to the agreement.

Philadelphia Sun Qi Co World Tankers Corp Sun United States District Court New York England World Tankers Wm AE Dhm Mabank AE Ohne Bnu Vnc Vi WI Iilsicsw UL Davros S. Niarchos Middle East Marcus Hook Re Inc Niarchos

Westinghouse Expands Springfield Plant In Massachusetts

The New England Council reports a multi million dollar expansion of Westinghouse Electric facilities in Springfield Massachusetts. A new 71000 square foot plant for manufacturing and repair will cost over 300000 with total Westinghouse buildup spending estimated between six and eight million dollars. The unit makes small electric motors and repairs motors transformers and heavy equipment.

Westinghouse Electric Springfield Mass New England Council Westing, House Westinghouse Foster Grant Co Manchester N. H Milady Germany Fosser Grant

Insurance Stocks Prices From Smith Ramsay Co Report

New York Oct 19 AP Insurance stocks from Smith Ramsay Co show fund assets rising. Whitehall Fund Inc reports net assets of 7,924,784 dollars or 11.08 per share as of Sept 30. National Fire, Peerless Insurance and Security are listed with per share figures and share totals.

Smith Douglas Co., Inc Oly Rid Aeing Insurance New York Whitehall Fund, Inc

Judge approves plan for New Haven Clock and Watch Co

One reorganizaton plan for the bankrupt New Haven Clock and Watch Co. will be sent to creditors and shareholders for approval. U S District Court Judge Robert P. Anderson ruled the plan fair equitable and feasible.

New Haven New Haven Clock &, Watch Co U. S. District Court Robert P. Anderson

Utilities profits rise at Gulf States and peers

Gulf States Utilities reports a 12 month net ending Sept 30 of 11,994,561 or 2.31 a share, up from 11,065,849 or 2.21. Pennsylvania Power posts 3,190,985 versus 2,969,871. Central Maine Power shows 6,556,859 or 1.71, vs 6,376,515 or 1.64. Empire District Electric 1,780,817 or 1.55, up from 1,744,819 or 1.51. Sierra Pacific Power 1,583,133 or 2.01, vs 1,225,809 or 1.48.

Gulf States Utilities Co Pennsylvania Power Co Central Maine Power Co Empire District Electric Co Sierra Pacific Power Co

Can Co to Acquire Marathon in Pulp and Paper Merger

American Can Co and Marathon Corp announce a merger agreement under which Can Co will exchange up to 2,970,810 of its common shares for Marathon’s 3,611,262 shares. Special stockholder meetings are set for December 3 in New York and Menasha Wisconsin.

New York American Can Co Marathon Corp Meraska Wisconsin Canco Marathon W. C. Stolk Menasha Wis Stolk

B&O to Lay Off 2500 Workers on November 1

Baltimore and Ohio Railroad announced a system wide furlough of 2500 workers on November 1 due to falling carloadings mainly in manufactured goods. The layoff represents about 5 percent of staff and coincides with new wage and cost of living increases of 11 cents per hour starting November 1.

Baltimore Baltimore & Ohio Railroad

Engines, plants, and stock moves drive 1955 market notes

Lincoln Mercury will offer engines up to 400 horsepower in 1958 models. Vauxhall Motors in Britain plans a record 160000 vehicles this year and expands toward 250000 annual capacity next year. The FPC approved a 7.78 million dollar gas rate increase for Tennessee Gas Transmission, subject to refund, while Cook Electric stockholders approve a two for one stock split raising common shares to 1 million and funding expansion.

Vauxhall Motors, Ltd General Motors Corp Great Britain Harlow H. Curtice Vauxhall Luton England Curtice Federal Power Commission Tennessee Gas Transmission Co FPC Cook Electric Co Carl Lundeen

Chanc e Vought Aircraft to Cut 1000 Jobs by Year End

Chancé Vought Aircraft Inc expects its plant workforce to shrink by about 1,000 through 1957. The move targets government defense economy policies and would lower staff to about 16,500 from 17,500. Reductions to come from non replacement of normal turnover and fewer trainees.

Chancé Vought Aircraft, Inc

Also Mentioned on This Page

Gen’l Steel Castings Connecticut Connecticut Industries G. H. Walken & Co Kid Asket Arrow-Hart Hedeman Dielaphone Corp Emhart Fafnir Farrel Birmingham Handy Harman Ro Kertie Safety Industries Stanley Works Torringigan Co Veeder Root Smith, Ramsay & Co Dow Jones Sers Pru Ee Ie Steere Crucible St Aes Beth Silbeeen Nor Am Avia United Whelan Chrysler Penn Texas SUN Oil UL Pete A Qhale Cutter Laboratories Pittsburgh Screw & Bolt Corp North American Cement Corp N. E. Business Roundup Atomics Chester Vermont National Survey Atomic Energy Commission AEC U. S Rhode Island Universal Winding Co Cranston Central Maine Power Yarmouth First Power Cousins Island Casco Bay Boston Avenue Bond Street Chadrem Storm Aaerags Acme Abercrombie Bunnell ST Smith, Ramsay & &O A. M. Kinder & Co., Inc American Exchange Norman F. Macey & Associates AtMiated Fund Laat Sale Atomic Development Fund American Fundamental Harvey, Hubbell Panteneo Sae Investora Truat Singer Peake Technicolor Nellington United Aircraft Products Merican Gan B&o Dow Jones News Service Lincoln-Mercury Lincoln Mercury James J. Nance Vauxhall Motors Tennessee Gas Cook Electric Amalco Stratford Ave East Main Edison United Loan Corp Fairfield Ave Cor Fairfield Ava Western Union Ray Gaynor
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