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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jul 28, 1975
Page
12
New York June construction contracts totalled 9.3 billion dollars, up 13 percent from a year earlier, as the Dodge index notes the second quarter outpacing the first and ending a six quarter decline. Through six months, contracts reached 44.4 billion, below the 46.3 billion for the same period in 1974.
Butler County in June again recorded one of Ohio's highest unemployment rates as reported by the Bureau of Employment Services. The data shows persistent joblessness in the county, reflecting broader state trends for that period.
Pizza Hut Inc of Wichita Kansas posts three month period ended June 30 net sales up 52.6 million from prior year restated results. Current quarter net income 3.3 million vs 2.4 million a year ago. Middletown hosts two Pizza Hut units.
New York closing stocks show Alcoa and Dow components tumbling while Chrysler and Exxon edge higher. Cattle markets in Cincinnati steady with steady to lower weights. Ohio egg and poultry price reports indicate variations across large and medium cartons and regional farm prices.
Washington reporting shows domestic steel production declined for the third consecutive month in June. The American Iron and Steel Institute notes activity reached its lowest level since November 1971.
The St. Regis Paper Co board declares a 35 cent per share cash dividend on common stock payable Sept 1 to shareholders of record Aug 4. The New York based company runs a flexible packaging plant in Middletown. Mills produced 8.744 million tons of steel in June, down from 9.9 million in May, the lowest since November 1971. Domestic steel output for the first half of this year reached 63.7 million tons versus 74.5 million in the same period of 1974.
Bearings Inc a Cleveland based company declares a regular quarterly dividend raise from 8 to 10 cents per share payable Sept 2 to holders of record Aug 15. The note mentions a Middletown branch office.
Texas Eastern Transmission Corp based in Houston posts net income of 19 million or 80 cents a share for the quarter ended June 30, up from 18.7 million or 77 cents last year. Operating revenues reach 320 million versus a restated 235 million in 1974. company operates a pipeline terminal near Red Ion.
The Ohio Bureau of Employment Services reports 147 new claims in Middletown for the week ending July 19, down from 196 the prior week and 266 two weeks earlier, with continuing claims at 2,797 for the week ending July 12. Also notes a separate 1924 Castle Gate mine disaster killing 171 miners.
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