U S Quits Fight on 350 Claims By Mine Firms for Tax Refund
Pacific American Fisheries, Inc. directors took no action on a dividend at the October meeting after weak results in salmon canning and frozen foods. The 50 cent dividend paid in April stands. The company projects a reduced Alaska salmon pack this year and notes higher prices but slim profits. Tedagreen subsidiary shows a loss to August 31 with year-end results uncertain.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Pacific American Fisheries, Inc
S. G.tarrant
Alaska
Tarrant
Tedagreen
Sharp Drop Hits Stocks
Ed Morse reports in New York that the stock market today suffered its worst debacle since September 26 as investors faced a broad sell off. The decline touched many key shares and dominated trading, signaling heightened market anxiety and a sharp loss in confidence.
MENTIONED IN THIS ARTICLE
ED Morse
New York
MajorUtility Stocks Report Varied 12 Month Earnings
New York State Electric & Gas Corp shows 12 month net $11,757,696 or $3.05 a share, vs $11,378,723 or $2.93. Oklahoma Gas & Electric posts $9,521,329 or $2.49, up from $9,330,927 or $2.43. Northern States Power Co Minnesota reports $20,558,724 or $1.21, vs $20,288,188 or $1.20. Wisconsin Power & Light $6,606,003 or $1.96 vs $6,159,001 or $1.80. Central Vermont Public Service $1,239,010 or $1.02 on 932,808 shares vs $1,979,062 or $1.23 on 885,141 shares.
MENTIONED IN THIS ARTICLE
New York
State Electric & Gas Corp
Oklahoma Gas & Electric Co
Northern States Power Co
Minnesota
Wisconsin Power & Light Co
Central Vermont Public Service Corp
Dow Jones
Ideal Cement Co
Ruberoid Co
Treeenees
Vertientes-Camaguay Sugar Co
Cuba
National Starch Products, Inc
Buckeye Pipe Line Co
Eisenhower
Beth St
Benguet
Chrysler
Union Carbide Corp
Ferro Corp
Mirs
Nor
Am Avia
Dees Oo Wren
Avcoas
van, Raalte Co, Inc
Associated Spring Corp
Eastman Kodak Co
American Telephone
Admiral Abbott
Aneg L Sd
Pont
Allied
Nat Supply
General Foods Corp
Alum Ltd
NY Central
NY Chass
Wall
North West
Can
News Am Cyan
Pac
Sta Pw
H Pullman Inc
Wall Am
Maycy
Ohio Oil
Street
Am ‘Motors
Glin
Op-Am N Gas
Ab Oliver Co
National Gypsum Co
Pat G&ei
Pan AW Ar
Foremost Dairies, Inc
Phila el
Atchison
Pratt & G
RCA la
Bendix
Raytheon
Heart Borden
Reyn Amet Cevere
Borg Wam
Budd Co
Rohr Aire
Bullard
the Associated Press
Safeway St
Broadcasting-Para- Connecticut National Bank
Burroughs
KC Way
SIL San Fa
WM Wrmount Theatres, Inc
Bridgeport
Utili Cdn Pac
Schering
Seab AL RR
Trac
Sears Rock
Alow
Sinclair
Sou Pac
Southern Co
Atlas Powder Co
New England Telephone
de- Chrysler
Sp&pac
A Telegraph Co
Sperry Rd
Tay
Vncome
Spiegel
Ighs
Climax Mo
Colo
Bethlehem Steel
Sunray
U.S. Steel
Aly
Texas
Co 2A
General Motors
Costen Pet
Tex Inseens
Dow-Jones Industrial
Crane Co
Tex P Ca
Curtis Pub
Curtiss Wr
Decca Rec
Tidewat
Deere
Doug Ai
Afr
Lin Wee
du Pont
Alec
United Op
Youngstown East Ai Ltd A
Fruit
Lukens Steel
Lock- East Kod
Heed
Ford
General
Meaus
Dynamics
Chesapeake &Emer
Ohio
Baltimore & Ohio
Erie RR
Kennecott
New York Fairch
Central
Standard Oil
New Firestone
US Steel
Food Fair Ib
Vanad’ Op Egn
My Jersey
Goodyear
ASH
Wesiz el
Connecticut Industries
Zenith
Greyhound
Wis
American Exchange
Arrow-Hart Hegeman
Grim Alte
M. Kidder & Co. Inc
Associated Spring
Avi
Dictaphone. Corp
Ay Houst
Harvey Hubbell Om
Emhart Sheeey
Howe
Kaiser Industries Tee
Smith, Ramsay & Co
Farrel Birmingham
Singer
Handy
Harman
City Trust
United Aircran
Landers
Frary Clark
Marlin Rockwell
Bankers Trust
New Britain Machine
Bank of NY
TelaTel
North Judd
Chase-Manhat
Ah Johns Man
Peter Paul
Flame Atwood
Empire Ql
Kalser
Aetna Insurance
City Bk
Kenneratt
Aetna Life
Stk Stanley Works
Guaranty Trust
Kern C Ld
Amerald Cas
Torrington Co
Hanover
BK NY
Lehigh
NY Trust QI
Like & My
Smith, Ramsay &N
US Trust
Lockh Aire
Loewes
A.M. Kidder & Co.,Inc
Lortilard
Marine Mid
Norman F. Dacey & Associates
Martin Co'téoh
Bridgeport Brass
Merck
Bullard Company
Casco
Saseses Ah
New Haven Gaz
Seer
Commonwealth Invest
New Haven Wat JJ
Mo, Kan Tex S
Eaton & How, Bal. Fund
South NE
Harvey Hubbel
Tenn Gaa Trane
Locke Steel
Free Bee Uy
Mo Pac A
Incorporated Investore
Tex East Trans ‘Qm
McKesson Rabbing
St Monson Chile
Mass, Investors Trust
Transcat Gas QM
Raybeston Inc
Mont D Ut 1Oe
Remington Arm
United Dam
Pioneer Fund
Vaene
West Mans Co
Underweed Corp
An Ah Wellington Fund Visivere
Motorola
Connecticut Market Barometer and General Baking Co Results
Connecticut issues a market barometer totaling 3,018,490 dollars or 4 dollars a common share versus 3,294,608 dollars or 4.40 dollars a share. General Baking Co reports a 39 week net of 1,493,590 dollars or 63 cents a share versus 1,091,022 dollars or 38 cents a share ending Sept. 28.
MENTIONED IN THIS ARTICLE
General Baking Co
Du Pont Reports Nine Month Profits and Sales Rise
Du Pont Co reports nine month earnings of 6.44 per common share, up from 6.00 prior year. The 1957 period shows 4.53 from operations and 1.91 from General Motors dividends. Nine month sales total 1.495 billion, up 7 percent from 1.393 billion. third quarter sales reach 499 million, vs 494 million in Q2 and 465 million in 1956 Q3.
MENTIONED IN THIS ARTICLE
General Motors
I Company
Government ends contest on tax refunds for mining firms
Washington reports the government will stop challenging about 350 claims by mining companies for more than 133 million dollars in tax refunds tied to higher depletion allowances. The Supreme Court ruled the government erred last month, prompting IRS to dispose of similar claims and revise rules to reflect the decision in future cases.
MENTIONED IN THIS ARTICLE
Washington
Uncle Sam
Supreme Court
Internal Revenue Service
High Court
Revenue Service
U. S
Norwalk
alkin-Elmer Corporation
Danbury Road
Securities and Exchange
IRS
Blyth and Company of
New York
SEC
Perkin-Elmer
Dividend notices from multiple corporations
A compiled list of regular quarterly dividends and stock disbursements from firms such as Nat Starch, Sherwin-Williams, Hecla Mining, May Department Stores, Potash Co of America, Alabama Power, and others. Values include various cent per share amounts, with payment and record dates mainly in November and December 1957, and January 1958 for some.
MENTIONED IN THIS ARTICLE
Nat. Starch Prod, Inc
Reg Channing Corp
G.M. Glannina and Co
Gar Wood Industries Inc
Sherwin-Williams Co
Mount
al A. P. Green Fire Brick Co
Hecla Mining Co
Jewel Tea Co. Inc
May Department Stores Co
Reguar
Mutual Investment Fund Inc
Potash Co. of America
Alabama Power Co
Thiokol Plans Split and 5 Percent Stock Dividend
Thiokol Chemical Corp directors announce a 5 percent stock dividend on common shares and a proposed two for one stock split. Dividend payable Nov 20 to recordholders Oct 30. Split to be issued Jan 22 if stockholders approve, with record Jan 8. A special meeting is set for Jan 8 to vote on increasing authorized shares.
MENTIONED IN THIS ARTICLE
Refractory and Insulation Corp
Sioux City Stock Yards
Gen. Amer. of] Co
Hamilton Cotton Co. Ltd
Beck Shoe Corp
Panhandle Eastern Pipe Line Co
Sealright-Oswego-Falls Corp
Hugoton Production Co
Brown Co
National Gypsum Co
Alpha Portland Cement Co
Salt Lake City
Thiokol Chemical Corp
Coremon
Also Mentioned on This Page
U.S
PAC. Amer. Fisheries
Prospectus
Bridgeport Edison
New England
Hincks Bros. & Co., Inc
Main ST
Conn
Midwest Stock: Exchange
Perkin - Elmer
Connecticut
Wilmington
Del
DuPont Co
Cicrestline
Meilink
Brooklawn Ave
Cer
Subarken
Upson Co
Standard Milling Co
Bailey Selburn Oil and Gag!’ Ltd
Sylvanite Gold Mines Ltd
Thiokol
T. L. Watson & Son
NEW York Stock Exchange
American Stock Exchange
John ST
Bric
TEL. Edison
Igeport
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