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Middletown Journal in Middletown, Ohio

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Aug 14, 1952

Page

11

Sorg Papers Earnings Slump Downgraded in 1952 First Half

D G Driscoll president of Sorg Paper Co reports to stockholders that first half 1952 net earnings after taxes were 14383 31 compared with 375351 65 for the same period in 1951 Prices in the paper kraft segment fell sharply and kraft business was lost while two high producing machines operated at greatly reduced levels Officers stress progress on long range kraft and sulphite specialty plans but warn recovery will take time Meantime other machines performed well in the six month period ending midyear and show favorable comparison to industry trends

Sorg Paper Company D. G. Driscoll Driscoll Sorg

U S Helps Strengthen Italian Armed Forces

Rome reports that Italy's armed forces have gained about 800 tanks and 328 war planes from American aid since the program began and will continue through the year as noted by officials.

U. S Rome Italy

OPS to Close Cincinnati District Office

The District Office of Price Stabilization in Cincinnati will close at the end of August. The central office will be in Cleveland serving 22 southern Ohio counties with a skeleton staff. After September 1 only the Cleveland office will operate in Ohio.

Cincinnati OPS Ohio Butler Warren Preble Cleveland Sydney A. Hesse Kentucky Michigan Ben O. Stoner Congress Hesse

Also Mentioned on This Page

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