Merger Mania Targeted as U S Sues LTV Over J L Steel
U S Justice Department files antitrust suit under the Celler Kefauver Amendment to curb merger mania. It seeks divestiture of Ling Temco Voughts interest in Jones & Laughlin Steel and challenges LTVs bid to control J L amid rapid consolidation.
MENTIONED IN THIS ARTICLE
Washington
The
Justice Department
Supergiant
Jones & Laughlin
Asst
Richard W. ‘McLaren
Celler-Kefauver
McLaren
LTV
Department
Ling-Temco- Vought Inc
Jones & Laughlin Steel Corp
Ucant
J&l
Wilson & Co. Sporting Goods
Braniff International Airlines
Wilson & Co
America
National Car Rental System Inc
Greatamerica Corp
Steel order backlogs rise into second quarter says Steel magazine
Backlogs at U S steel mills are 8 to 10 percent higher than February and some producers expect April orders to exceed March. Demand for heavy steel forms and auto industry volume push activity while consumer stocks fall and mill inventories rise. Raw steel output for the week ended March 22 rose 1.2 percent to 2,883,000 net tons. scrap prices fell 33 cents to 27.0 per ton.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Steel Magazine
Steel
Metalworking Weekly
Cincinnati Livestock Market Report Shows Steady Demand
US USDA cattle totals 1,350 along with 50 calves in Cincinnati. Steers and heifers command mixed grades with yields 24.00 to 30.00. Cows, bulls, calves, hogs, sows, boars, and sheep listed with varying prices and steady to lower trends. Prime spring lambs bring 35.00 with wooled lambs 29.30.
MENTIONED IN THIS ARTICLE
Cincinnati
USDA
Ohio Eggs Prices Across Ohio Cities and Farm Poultry Rates
Ohio reports prices paid to packing plants for eggs delivered to major cities with U S grades. Large cartons sell at 55 56 cents, medium 47 52 cents. Small 36 38 cents. Farm poultry prices show fryers 15 16 percent, hens 8 9 cents.
MENTIONED IN THIS ARTICLE
Columbus, Ohio
Ohio
U. S
Indiana
Tobacco stocks shown as attractive for investors
Roger E Spear argues tobacco equities offer growth potential as brands rebrand and ad bans loom. He highlights Philip Morris outlook after a 2 for 1 split, Reynolds and American Tobacco as solid bets amid broad market weakness and potential reallocations from ad budgets.
MENTIONED IN THIS ARTICLE
Philip Morris
American Tobacco
Reynolds
Also Mentioned on This Page
U.S
William Barton
Ion
Pittsburgh
Egres
Cole Slaw
Rick’s Radio & TV
Jeannette Ave
Businessman’s Buffet
Middletown
New York
Greene & Ladd
Crystal Tissue Co
First National Bank Midwest Es ‘Sorg Paper
Sorg Paper Ptd
Ladd
New York Stock Exchange
Manchester Motor Inn
Admiraleee
Armco Steel
Ashland Feet
Atlantic Richfie
I Er Motors
Colt
Columbia G
Commonwealth
Consol
Edison Ween
Continental Can
Continental
Ford Motors
Genera
Motors
CORO
Olin Mathieson
Republic Steel
Sears Revere Coppers
Ses Roebuck
Southern Pacific
Southern Rails
Tenet
Sperry Corp
Square Standard Oil WI
Standard Oil
Stone Container
Eeeee - Stud
Westinghouse
Wickes Motors
Woolworth
Youngstown
Goodyear
Inv. Co. Amer. Eeesese
Commonwealth Capital
Dayton Livestock
Cincinnati Livestock
Stock Mart
American Telephone & Telegraph
Natomas
International Paper
Atlantic Richfield
Purex Corp
Associated Press
Union Sanitary
Dayton
Versailles
Eeeteene
Atten
Aeewee
Roger E. Spear
M. C
R. J. Reynolds Tobacco Co
War Tobacco
Liggetts& Myers
Am. Brands
Nontobacco
United States
IBM Machine Accounting Service
IBM “360
CALL
William
White
Data Service CO
Data Training Service Co
Central Ave
Cincinnati Gas & Electric Company
N. Broad St
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