Armco Posts Record Year In 1953 Earnings And Sales
Armco Steel Corp reported 1953 as its best year in history with net income of 33,902,462 or 6.50 a share on 5,213,654 common shares. Production reached 4,704,773 net tons at 97.8 percent capacity, and sales totaled 588,919,900. The 1952 figures were 31,337,861 and 6.01 a share, 4,042,473 tons produced, and 518,575,218 in sales.
MENTIONED IN THIS ARTICLE
Armco Steel Corp
Armco
Charles R. Hook
Hook
Armeco
Police Briefs and Industry Update From Local and National News
Police responded to 1109 Yankee Rd where a door lock was damaged and a rear car window shattered belonging to Kash Baker Jr. of that address. A. C. Grover of Earle Hotel was treated for nose and head lacerations from a hotel altercation at Middletown Hospital. Armco reports 95 percent capacity with 85 percent target for the year, citing start-up costs and inventory write downs. Hook notes 1953 earnings before federal taxes totaling 85,615,003 with 51,712,541 in taxes or 9.92 per share. Armco plans 3 million dollars in capital expenditures this year, up from 30 million last year.
MENTIONED IN THIS ARTICLE
Yankee Rd
Kash Baker Jr
A. C. Grover
Earle Hotel
Middletown Hospital
Bald
Houston
Tex
Armco
Rot
Sebald
Hook
New Jelly Like Formula Cleans Ovens Surfaces
ITS oven cleaner restores grease free surfaces without scraping. Brushed on allowed to stand then wiped with water. Available at The Central Store Nation Dept for $1 with plastic brush included. Non inflammable and high performance.
MENTIONED IN THIS ARTICLE
Nation Dept
Adv
Rates of taxation in Butler County Ohio 1953
John W Wendel treasurer provides the 1953 Butler County tax levy details. The county levy totals two dollars and fifty five cents per thousand dollars of assessed property value, including General Fund 1.92, T B Levy 0.59, Conservancy 0.04.
MENTIONED IN THIS ARTICLE
Butler County
Ohio
Law
John W. Wendel
General Fund
T. B
Conservancy
Hamilton
Battle for the New York Central presidency showdown
The contest centers on William White’s bid for the post as the Morgan board faces opposition from E. R. Young. Young, 56, a vocal critic of railroad methods, seeks influence through proxy votes while noting his status as a major shareholder. The C O and Chase trustees hold significant stakes, with the ICC restricting interlocking influence. White warns of proxy solicitations from the board if a campaign escalates.
MENTIONED IN THIS ARTICLE
William White
the Central
Morgan Board
Young
White
Oldline Railroad
New York Central
Interstate Commerce Commission
Chesapeake & Ohio Railroad
ICC
Central Board
C&o
Central
Chase National Bank
Harold S. Vanderbilt
George Whitney
J. P. Morgan & Co
New York
Ike and McCarthy Rush to Expose Reds in Campaign
Ike acknowledged needing Democratic support for parts of his legislative plan yet avoided partisan labels. McCarthy, Jenner and Eisenhower defended transparency and warned that communism would remain a campaign issue. Senators Gillette Russell and Johnson weighed in on the president’s stance and the ethics of cross party criticism.
MENTIONED IN THIS ARTICLE
McCarthy
San Francisco
San Mateo
Jenner
New Castle
Ind
Eisenhower
Korea
Truman
Republican National Committee
Congress
Sen
Gillette
Iowa
Sen. George
D-Ga
Russell
Lyndon B. Johnson
Texas
Three Die In Fire at Eagle Hotel Albany
A blaze gutted the Eagle Hotel near the New York governor's mansion early today, killing at least three people and injuring six others. Fire crews fought the flames as residents evacuated and authorities began a damage assessment.
MENTIONED IN THIS ARTICLE
Albany
N. Y
Eagle
Eagles Back the Program on Benefits
Middletown Aeroe Fraternal Order of Eagles voted full support for President Eisenhower's Social Security plan. The resolution backs higher minimum benefits to 30 dollars, maximum payments to 108.50, extending coverage to 10 million more, exempting the first 1,000,000 of annual earnings, raising the earnings base to 4,200, and removing the four lowest years from benefit calculations. Edward Hall announced the results and Edward G. Miles was named head of the Old Age Security Committee.
MENTIONED IN THIS ARTICLE
Middletown Aerue
Order of Eagles
Eisenhower
Eagles
Rep
Paul Schenck
Hall
Edward G. Miles
The
Aerie
Civil War Vet Struggles With Old Age in Texas
In Austin Texas 107 year old Confederate veteran Tom Riddle dies fighting pneumonia after weeks of illness. Doctors say his ardent spirit aided recovery but outlook worsened as he neared the end.
MENTIONED IN THIS ARTICLE
Austin
Tex
Tom Riddle
Texas
Herman Wing
Riddle
Radio Station Finds Audience Baby Walkers
New York radio station targets baby walkers with a 15 minute morning program from 2 to 2 15 dedicated to parents waking for night feeds and restless infants. Baby care tips accompany suitable commercial plugs. The item notes a high U S marriage rate of 16 2 per 1000 in 46.
MENTIONED IN THIS ARTICLE
United States
Also Mentioned on This Page
W. W. Se
Vy School Levy
Municipal Levy Levy
Arm
Pairfield Townsh
S. Dessoveeseeeee
Colerain Tw
Corre Ree Reneeee
Seemann
Oxford-Hanover
College
Hamilton Aw
Millville Corporation Free Ever
Lemon Township SD
As Orae
Middletown Cit
Haa
Mayfield Fire District Et
Se Ees Rae
North Middle
Monroe
Liberty Town i
Madison Township
Trenton
Trenton Eee
Milford Townsh
Milford
D. Coll
Oxford-Hanovers
Coll Ld
Somerville V.lage Steer
Somerville Corporation
Morgan Township
Reily Township
Tees D
Sal
Ross
Uae
Oxford Township
Oxford-Hanover S. D. Coll
Land
Oxford-Hanover SD
Reily
D. Lage
Nice
I College Corner Core
Oxford Corp
Wee
Reily Fow
Cans Hanover S
Millville Corporation
Lair
Ger Anitaies
Tee Seapeee Miami Corporation
Crescentville
Mason
Eals
D. - Teeee Ie
Wayne
Ile Vitere
S. D
West Elkton
Cial
Jacksonburg Corporation
Seven Mile Corporation
Flamiston Co
Middletown
Settee
Renee
Sears, Roebuck and CO
Hercules
Chambray
Sears
Hercules Brand
Hercules Army
Sears Hoebucks
S. Main St
Ike
Studebaker
Champion
Studebakers
America
Studebiter
McConn Motors
Charles Street
Middletown, Ohio
Silvertone TV
S.R.O
Silvertone
Tone-Pefect
Main ST
Snac
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