PRR Reports Profit After Eight Month Deficit
The Pennsylvania Railroad posted a September net profit of 2,?67,710, reversing an eight month deficit. For the first nine months of 1954, net operating income reached 33,950,199 with freight revenues at 474,571,786 and passenger revenues down by 11,793,083 from the prior year, while total revenues declined from 791,572,948 to 689,239,902.
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PRR
Associated Press
Philadelphia
Pennsylvannia Bailroad
PRE
Board
The
Pennsylvania
Sald
Hearing Set Today on Steel Firm Sale Motion
A federal judge in Witerling hears Fol anabee Steel Corp motion to dismiss a temporary injunction restraining stockholder voting on a proposed sale. Shareholders convene in Pittsburgh at 2 p.m. to ballot on Frederick W. Richmonds offer of 0,286,620 for the firm assets. The board backs the sale, but 48 Pennsylvania stockholders oppose, accusing Richmond of plans to sell the plant at Follansbes West Virginia to Republic Stool Corp.
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Iim
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Tinanity
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W. Va
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Corry Beverage Distributor Ad
Iroquois Iron City Carlings Pabst Blatz and other beverages delivered by Corry Beverage Distributor. Angelo Frisina, proprietor. Phone 2-1002. T W Th F-tf.
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