Bethlehem Steel declares record dividend and expansion plan
Bethlehem Steel Corp, the world's second largest steel producer, to pay a quarterly dividend of 2.25 dollars per share with March 1 payout and February 7 record date. Chairman Eugene G Grace forecast operating rate rising from 85 to about 87 percent in the current quarter, with a broader 100 million dollar development program mainly at Sparrows Point Maryland to be completed by mid 1956. The company plans a merger with Youngstown Steel and Tube, opposed by the Justice Department but pursued by Bethlehem. Net income for the year was 132.84 million dollars, down from 193.95 million in 1953.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Bethlehem Steel Corp
Eugene G.grace
Bethlehem
Grace
Sparrows Point
Youngstown Steel & Tube Co
Department of Justice
United States
Trucker Killed in Route 17 Crash Near Turnpike
John R. Worley, 41, of Carlisle Pennsylvania, a truck driver for Baker Drive-A-Way Co. of Detroit, was killed yesterday when his vehicle struck a pole on Route 17 near the newly opened Ohio Turnpike.
MENTIONED IN THIS ARTICLE
Youngstown
John R. Worley
Carlisle
Backer Drive-A-Way Co
Detroit
Mercury Dips as Cold Wave Spreads Across the South and Midwest
A sprawling cold snap shifts from the Gulf states toward the Atlantic coast with temperatures plunging in Birmingham to 22 and Chattanooga to 19. International Falls records 17 below zero while frigid northerly winds push more cold air into the Northern Plains and Midwest. Light precipitation remains in the East with flurries in the Great Lakes and New England.
MENTIONED IN THIS ARTICLE
Mercury
Page One
Texas
Gulf States
Atlantic Coast
Birmingham
Alabama
Chattanooga
Tennessee
International Falls
Minn
Canada
Plains
Midwest
Great Lakes
New England
Pennsylvania Week Fete Axed in $100000 Economy Push
Harrisburg a new economy drive in the Commerce Department urged cutting the $100000 Pennsylvania Week observance. Secretary John P. Robin proposed continuing the event on a volunteer basis to highlight state history traditions and products while saving about 160000 by firing 14 staff and trimming services. He cited Governor Leader's directive to reduce expenses and suggested departments contract for newspaper clipping services themselves after ending the in house service.
MENTIONED IN THIS ARTICLE
Harrisburg
Commerce Department
Pennsylvania
John P. Robin
George M. Leader
Robin
Commonwealth
Gov. Leader
Hoe
Industrial Stationery and Card Printing Products List
A detailed list of stationery items and printing products including prize ribbons badges professional cards remittance blanks rent cards reply postal cards reprinting forms and various stitching and punching services such as round corner punching wire stitching and saddle back binding. It also mentions government stationery stamped envelopes boxed personal envelopes and related polishing and binding services.
Public relations post cut at Pennsylvania Week
Robin ended the post of public relations director for Pennsylvania Week with a salary of seven thousand dollars a year. The department contacts for subscriptions to publications and Dun and Bradstreet reports are under review. Among six employees ousted in the economy move is J. Kennedy Spafford of Erie, known across Corry and Erie County.
MENTIONED IN THIS ARTICLE
Robin
Pennsylvania Week
Dun and Bradstreet
J. Kennedy Spafford
Erie
Corry
Erie County
Missing Woman Sought After Domestic Dispute
Police search for Barbara Wolf missing from her home at 550 West Fourth Street following an argument with mother Irene Will. Barbara is five feet two, brown eyes, short hair, last seen wearing a black skirt and pink sweater.
MENTIONED IN THIS ARTICLE
Eris
Irene Will
West Fourth Street
Barbara Wolf
Barbara
Area Woman Held in Shooting Out on Bail
Meadville after surrendering $4 000 bail Mrs Bertha Marguerite Craig 60 of Guys Mills was released from Crawford County jail She is charged with shooting Elmer W Brown 87 of R D 1 who is in satisfactory condition at Spencer Hospital Her attorney Stuart A Culbertson says she will plead innocent to assault with a deadly weapon Brown was shot near the groin with a 12 gauge shotgun Mrs Crary said she fired to scare him after an afternoon cider party.
MENTIONED IN THIS ARTICLE
Meadville
Bertha Marguerite Craig
Guys Mills
Crawford County
Elmer W. Brown
Spencer Hospital
Stuart A. Culbertson
Sid
Crate
Mr. Brown
Representative Clark resigns from post office panel
Representative Frank Clark of Pennsylvania resigns from the House Post Office Committee to join the Howe Public Works Committee. He cites food control problems in his district and will keep seats on the Merchant Marine and Fisheries Committee.
MENTIONED IN THIS ARTICLE
Washington
Frank Clark
D-Pa
House Post Office Committee
Howe Public Works Committee
Clark
Merchant Marine and Fisheries
Budget Woes Loom as County Eyes Higher Tax Cap
The board completed the first reading of the 1956 budget with limited cuts and plans deeper economies. A quarter mill, about 37,000, was transferred to the tuberculosis hospital, now leaving five and three quarters mills for general funds, a mill and a quarter for the hospital, and three mills for the institution district. The panel faced potential overall 10 mill tax rise despite salary hikes and high departmental requests. After trimming 10100 from the hospital, to 255000, officials added 4900 to other accounts.
MENTIONED IN THIS ARTICLE
Brie — Cerusny Opmnemminenes
Aew
County General Operating Fund
Also Mentioned on This Page
Carl Hixson
Chrysler
Clarence Wallace
First Avenue
Corry, Pa
Formosa
House
Eisenhower
Rep
Leo Allen
Illinois
House Rules Committee
Howard Smith
Virginia
Rules ‘Committee
Jet Bufeal
RCA
Gerry Davis Davis
Printing Department Journal
West South ST. Corry,Pa
Walling
Announein A Y Pi
The
New
Isda Nee
Tlala Ya Ie
Studebaker
Ultra Vista
Studebaker Studebaker
R. G. Wiggers Motor Sales
N. Center St
Qian
Federal
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