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Corry Evening Journal in Corry, Pennsylvania

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Newspaper

Corry Evening Journal

Location

Corry, Pennsylvania, United States of America

Date

Oct 28, 1954

Page

2

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.

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.

Ster Iim Richmond Tinanity Follansbes W. Va Republic Stool Corp

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.

Iroquois Iron City Carlings Pabst Blatz Corry Beverage Angelo Frisina

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