Armco Chief Johnstonstrikes Optimistic Note in Forbes
Forbes reports Armco Steel Corp President Logan T. Johnston optimistic about the 1965 through 1970 outlook. Third quarter sales up 12 percent, earnings up 33 percent from 1963. Profit per sales dollar at 6.5 percent, beating Jones & Laughlin at 6 percent. Project 600 aims at $650 million in efficiency, potential operating profit rise to 20 percent and net near $6 a share by 1970 if demand holds. Mutual funds hold 1.6 million Armco shares worth $114 million at end-September.
MENTIONED IN THIS ARTICLE
Armco Steel Corp
Logan T. Johnst
Forbes Magazine
Ays Johnston
Armco
Forbes Furthr
Jones & Laughlin
Johnston
Forbes
Mutual Funds
Negro Airman Granted Transfer From Richards-Gebaur to Ohio
Airman J. C. Warner, 36, asks for a transfer claiming no trailer space near Richards-Gebaur AFB. He will move Wednesday to Wright-Patterson AFB near Dayton, Ohio, with wife and trailer. Warner, a 11-year veteran, faced rental refusals due to color, despite Air Force aid.
MENTIONED IN THIS ARTICLE
Kansas City
Richards- Gebaur Air Force Base
Ohio
J. C. John H. Warner
Wright-Patterson Afb
Dayton
Warner
Philippines
Air Force
Vote Comes First Then An Operation
Bradley Jones of Worthington was injured in a Monday car crash but insisted on voting before surgery at Grant Hospital. Doctors allowed a hospital discharge to cast his ballot and return for an 8 a.m. operation.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Bradley Jones
Jones
Worthington
Grant Hospital
GM posts record nine month earnings with 1.36 billion profit
General Motors reports 1.36 billion nine month profit as Ford and Chrysler post records. GM declares a 569 million dividend, payable December 10 to holders of record November 12, amid partial production revival after a strike. Domestic and worldwide sales rise, with 4,782,532 cars and trucks shipped.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Ford
Chrys
Pontiac
Oldsmobile
Cadillac
Chevrolet
Buick
UAW
Clarence Sweeney Killed in Medina Crash
Clarence Sweeney a 32 year old resident near Medina was killed when his car veered off Ohio 162 at a curve and hit a tree near his home on Monday night the Highway Patrol reported.
MENTIONED IN THIS ARTICLE
Medina, Ohio
Clarence Sweeney
Medina
Ohio 162
Highway Patrol
Also Mentioned on This Page
Johnston ‘Bouncy
Logan Johnston
Ler
United Auto Workers Union
Chrysler
John Dobrozs Jr
Ins., Inc
First Ave
Middletown
Allin
Flair Brown
Polo
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