Du Pont Calls Meeting on Change in Bonus Plan
Du Pont directors voted to call a special meeting of stockholders on November 12 to act on proposed changes in the company bonus plan. The changes would substitute new C bonus awards and include restricted stock options for top executives, while not altering the existing B plan. The modification aims to reduce expenses and conserve cash by tying awards to company earnings.
MENTIONED IN THIS ARTICLE
Wilmington
Del
du Pont Co
Cday
Tte
du Pont
Bethlehem to Invest 358 Million in Youngstown Sheet Plant
Bethlehem Steel outlines a 358 million dollar plan to expand Youngstown Sheet and Tube facilities. President Arthur B. Homer said the merger opposition filings include affidavits supporting the companies. A major portion, about 268 million, will be spent in Chicago to boost ingot capacity and rolled sheet production.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel Corporation
Sasa Mills
Ind
Bethlehem Youngstown Sheet & ‘Tube Company
Mid-Continent
Arthur B. Homer
Bethlehem
Edward Weinfeld
Bethlehem and
Youngstown Sheet & Tube
U. S. Department of Justice
Homer
Chicago
Foreign copper producers raise price as domestic demand falls
Two major foreign copper producers including Katanga firms boosted their price by 0.95 cents to 25.45 cents per pound, aligning with London Metal Exchange quotations. Domestic smelters report a noticeable drop in consumer demand at 26 cents per pound, while Rhodesian Selection Trust lifted to 25 cents for British consumers after a prior cut to 23.75 cents.
MENTIONED IN THIS ARTICLE
New York
Droducer
Union Miniere du Haut
Belgium
London Metal Exchange
Rhodesian Selection Trust Ltd
Northern Rhodesia
Africa Copper Mines
Connecticut 1936 Diy Industrial Price List Overview
A historical price list from Connecticut 1936 shows assorted tool and hardware makers with unit prices. Items include Acme Wire, Arrow-Hart Hegeman, Dictaphone, Landers Frary Clarke, Marlin Rockwell, Stanley Works, Torrington Co, Veeder Root and others with prices ranging roughly from 1.00 to 4.25. The document reflects late 1930s catalog entries and vendor names typical of industrial procurement.
MENTIONED IN THIS ARTICLE
Arrow-Hart Hegeman
Asbum Voc Eeeveeee
Guno Eng Pli
Ssee
Sostk Cuno Eng ¢Om
Dictaphone Corp Vo
Bothart Wo Mb
Fafnir Bearin
Farrel Birmingham
Handy Harman
Keriie
Landers
Frary Clarke
Marlin Rockwell
New Brita Machine
Fatk North Judd
Peter Paul
Plume Atwood
Safety Industries
Chalk Stanley Works
Torrington Co
Veeder Root
FUSLIC UTILITY STOCKS AND Connecticut Egg Prices Decline
Prices from Smith Ramsay and Co show utilities like Sit Anked Apt Gas and Conn Water and New Haven Gas with varied quoters. Agricultural Bulletin notes egg prices down two cents a dozen with local farmer market quotes for apples beans cabbage corn cucumbers and tomatoes.
MENTIONED IN THIS ARTICLE
Smith, Ramsay & Co
Hous Pub Eye
New Haven Gax
New Haven Wat JJ
Bonth
Tenn Gas
United Mum
Weat Mass Co
Connecticut Devt. of Agriculture
Connecticut Market Bulletin
Connecticut Department of Agriculture
Stratford Avenue
Wall Street Prices Down on Ninth Straight Monday
The stock market fell for the ninth straight Monday as volume reached 1,290,000 shares, below breakeven for most brokers. Losses were modest and widespread, with only a few issues rising while some dropped more than a point.
MENTIONED IN THIS ARTICLE
New York
Autos sales rise as 1957 demand foreseen by Ford backers
Dealers sold 490000 new cars in August up 2 percent from a year earlier. Analysts expect September sales around 375000 and a nine month total near 4450000, just below 1956. If the trend holds Ford’s forecast of 6000000 for 1957 would be within reach. A new world air service will launch January 1 with two round the world routes by TWA and Northwest using Constellations and DC-7C jets connecting New York Bangkok Manila and beyond.
MENTIONED IN THIS ARTICLE
Henry Ford
Trans World Airlines
Northwest Airlines
New York
TWA
India
Ceylon
Bangkok
Manila
Northwest
Trans- Pacific
British defer sale of stockpile copper
The British government said it would not sell its surplus copper stocks for now due to a disturbed market. Last month the Board of Trade planned to dispose of 27 000 tons, while the market had already absorbed 36 000 tons, and prices had been weak all year despite some recovery signs.
MENTIONED IN THIS ARTICLE
London
Board of Trade
Bond awards include Niagara Mohawk issue and Wisconsin Natural Gas
Morgan Stanley and associates win 50 million Niagara Mohawk Power Corp general mortgage bonds due 1987 at 100.1399 bid, yielding 4.82 percent after re-offer. White, Weld and Kidder Peabody win 2.5 million Wisconsin Natural Gas first mortgage bonds due 1982 at 100.4999, re-offered at 102.05 for 5.35 percent yield.
MENTIONED IN THIS ARTICLE
New York
Morgan Stanley & Co. and Associates
Niagara Mohawk Power Corp
White, Weld & Co
Kidder, Peabody & Co
Wisconsin Natural Gas
Connecticut Football Set for Ten Game 1957 Schedule
The 1957 Connecticut Huskies football team will play ten games, the longest schedule since 1901, after a quiet period in trading amid mixed market activity. The day after Labor Day markets showed modest movement with 1,128 issues, 308 advances, 565 declines, and a total value around 1.35 billion dollars amid few new highs and more new lows. In political news, Adenauer's landslide election victory influenced regional sentiment.
MENTIONED IN THIS ARTICLE
University of Connecticut
Cigarette taxes show rise in July sales
Internal Revenue Service figures indicate smokers used more than a billion additional cigarettes in July. Taxes were paid on 35,248,000,000 smokes, up from 34,189,000,000 in June and 31,032,000,000 a year earlier.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Bell & Gossett acquires control of Marble-Card firms
Inchr a nia reports Bell & Gossett Co. now holds a controlling interest in Marble Arms Corp and two related Marble-Card companies in Gladstone Michigan. The firms sell South ern Natural Gas rates until February 14 and will call a hearing on the proposal.
MENTIONED IN THIS ARTICLE
Bell & Gossett Bell & Gossett Co
Gladstone, Mich
Marble Arms Corp
Polaroid Increases Stock Fourfold in Special Meeting
Polaroid corporation stockholders approve a four for one stock split raising authorized common shares to 4,000,000 and outstanding shares to 3,826,384 with a proposed quarterly dividend of five cents per new share. Directors also seek NYSE listing.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Polaroid Corporation
Carlton P. Fuller
Polaroid
New York Stock Exchange
Dividend payments and records for multiple firms
A list of declared quarterly dividends and payment dates for firms including Stercil Bros Stores, Minnesota & Ontario Paper, McLean Industries, Detroit International Bridge, Faultless Rubber, First National Bank of Chicago, Fuller Mfg, Mathiessen & Hegeler Zinc, National Securities & Research, Detroit Edison, American Manufacturing, Horn & Hardart Baking, John Wood Industries, F. C. Russell Co, National Fuel Gas, Barium Steel, Republic Industrial, and Standard-Thomson with respective dividend amounts, payment dates, and record dates.
MENTIONED IN THIS ARTICLE
Minnesota & Ontario Paper Co
McLean Industries
Detroit International Bridge Co
Faultless Rubber Co
First National Bank of Chicago
Fuller Mfg. Co
Mathiessen & Hegeler Zinc Co
National Securities & Research, Corp
Detroit Edison Co
American Manufacturing Co
Dela
Horn & Hardart Baking Co
NLI
John Wood Industries, Ltd
F. C. Russell Co
National Fuel Gas Co
Barium Steel Corp
Jast Barium
Republic Industrial Corp
Barium
Standard-Thomson Corp
Firms Arrange Ship Financing in Major New York Deal
McLean Industries and Coastal Ship Corp announce financing totaling over 23 million dollars for Coastal Ship facilities. First National City Bank provides about 14.6 million for Coastal Ship notes due 1958 to 1963, with other banks and a 6 million dollar public offering backing a 1968 debenture issue. Coastal Ship contracts to buy five C-2 freighters from Pan Atlantic converted to trailer ships, to be bareboat chartered for ten years with McLean guaranteeing charter performance.
MENTIONED IN THIS ARTICLE
New York
McLean Industries, Inc
Coastal Ship Corp
First National City Bank of New York
Coastal Ship
SEC
Pan-Atlantic Steamship Corp
McLean Industries
Pan-Atlantic
McLean Common
Eastman Dillon
Union Securities and Co
White, Weld and Co
Wall Street Journal Trial Offer Boosts Income
A reader recounts switching from $9,000 to $14,000 yearly after subscribing to The Wall Street Journal. He credits the paper with guidance on increasing income and cutting expenses and endorses it for salaried workers, small business owners, and young professionals. The ad promotes a three month trial for $6 and lists subscription details.
MENTIONED IN THIS ARTICLE
The
Wall Street Journal
Broad St
New York
Vick Chemicals Reports New Highs In Earnings And Sales
Vick Chemical Co reports record year ending June 30 with net income 7.89 million or 4.87 a share on 1.62 million shares and net sales of 94.80 million. International Minerals & Chemical and Hewitt-Robins also announce year results. other firms list varying nets and per share figures.
MENTIONED IN THIS ARTICLE
Vick Chemical Co
International Minerals & Chemical Corp
Universal Pictures Co. Inc
Gould National Batteries, Inc
Carolina Power & Light Co
Central Maine Power Co
Gray Drug Stores, Inc
Brazil Plans 100 GM Diesel-Electric Locomotives Purchase
New York September 16. General Motors Overseas Operations receives Brazil National Department of Railways letter of intent to buy 100 diesel electric locomotives for 16 million dollars. Export-Import Bank financing largely funds the deal. GM may participate. Alco Products reportedly negotiating for 65 diesel locomotives with Brazil but declined comment. The article also notes the elephant trunk has over 40 000 muscles and can lift nearly a ton.
MENTIONED IN THIS ARTICLE
New York
General Motors Corporation Overseas Operations Division
National Department of Railways of Brazil
General Motors
Alco Products, Inc
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Radio Hospital
Crescent Avenue
Mudrick's
Hoover
Mudrick’s Television
Boston Ave
Edison
STENO
Diane Schilke
Norwalk
Miss Schilke
New York City
G. Schirmer, Inc
Butler Business School
DuPont
UG Sppsuian Isceig
Youngstown
Connecticut
Connecticut Industries
G. H. Walker & Co
Wall Street
By William Ferris
Dow Jones
Svyegae Aay
Gen Motors
Nor Am Avia
Hertz Corp
Beth Steel
Anaconda Co
Ltd
Sperry Rand
United Corp
Gen Electric
U.S. Steel
Dow Jones News Service
Niagara Mohawk
Heérman
Surgeu
Antau
Ad‘nauer
Monsan
Abbott
Admiral Ou
Alco Prodece
Mont Ward
Motorola
Troy
Amerada
Aftlin
Bosch
KY Central
Rafts, Steels
Cioppers
Ad AB
Electric Co
Porois
Mar
NH & Hart
Wible Real Estate Co
Bell & Gorter
Lake Michigan
Am & F Pw
Am Gas & EI
Nia
Sett
con-Am Mairdy
Y Nort.& West
Steel- Am Motors
Ko Am Av
Pac
Ohio
Bethle
Associated Press
Federal Power Commission Tate
Oliver Co
Pac G & Et
Armco Sil
Aymour&Co
FPC
Pfizer
Phelps D
Ayco Mfg
Phila el
Bald Lima
Philco Ceteenen TY Wy
Philip Mortes
Balt G & E
Phill Pet
AQ Ag Bali & Oh
Bendix
St Benguet
Northeast Air
B&g
Sorg Warn
RCA Ja
American Stock Exchange
Raytheon
8Udd Co
VZ Repub Av
Bullard
Dray United
Burl Ind
Repub
Manu Burroughs
Rex Drag
Reyn
Aufacturers
Rohr Aire
Boeing
Icdlanese 1
Safeway St
Cen & SW
SL San F
Douglas
United
Cer de Pas
St Reg Pap
E Ab
Cert-tech
Scheney
Fae
Schering Fa
Jones & On
Allied Stores
Chispanac
Sears Roch Ib Seab AL RR
Federated
Kresge
Ctrisier
Marshall Cit Finan
Y Ve
Shell Oil
Montgomery Ward
Sinclair
Field and Sears, Roebuck
Socony
Climax Mo
Coca Cola
Southern Co
Sm Pac
Cole F & Irz
Col Brd
Sperry
Spiegel
Tobacco
Reynolds Tobacco
Ry” Rose
Liggett & Myers Consum P
Crane Co
Swift & Co
Curtis Pub
Royal
Texas Co
Sinclair and Pecca Rec
Tex & Prod
Texas
Deere
Tex & Sut
del L&w Mg
Tex
Va Ay
Dow Chem
Ants Aoy
Ao Yatral
Southern Pacific
Penndu Pont
Ys Tiyent Cen
Sylvanig
Cral Motors
Siha ST
Vanad Cp
Fas
Va Cara Ch
Mesabi Iron
British Gazette
West An Tel
Westg Air
Petroleum and Kaiser Industries
Godrich
Westy el
Humble Oil
Dumontad
Wilson & Co
Corners Race & Co
Woodworth
Greyhound
Worthington
U.S
Aire
Gulf Mob
Shana
Zenith Red
Heyden Npt
Asm
Hoyst L& P
Howe Snd
Ratth
Ramsay & Co
Toland
City Trust
Bankers Trust
Bank of N.Y
Tel
Chaye-Manhat
Johns Man
Jones & L
Empire
Kaiser al
First
City Bk
Kennecott
Guaranty Trust
Kern C Ld
Hanover BK NY
Lehigh Ca&n
Irving Trust
Leh Val RR
Mrs Trust
Lib Men. & L
N.Y. Trust
Mutual
Ling & My
U.S. Trust
I Lockh Aire
F. Daisy & Ane Loew's
Mt Alked Atomic Developmen Fund
Ais Commonwealth Investment
Mann M&m
Adina Life Pee
Marine Mid
Eaton & Hwed Binced Fund
Marinn Co
Amer Fid
Fundamental
Mengel Ty
Hartford
Mass
Investors Trust
Pioneer Fund
Wellington Fund Services
Varomo Pac
Vvies
Inchrania
Southern Natural Gas
Stercil Bros. Stores Inc
Journal
Brazil
OFC
Fine
Auchenity Mimsers
Claramas
Office Mart
Brecklawn Ave
Suburban
Bol
Varyo Peta Za
Belo Ks
Capitol Loan CO
Alba