Reynolds Metal to Expand Aluminun Output With $85 Million Bond Sale
Reynolds Metal Co. announced an $85 million bond issue to fund expansion of its aluminum capacity. A 150 million pound per year reduction plant and a 175 thousand kilowatt power facility will be added, raising total output to about 650 million pounds annually. Plants at Jones Mills Arkansas and Troutdale Oregon will be expanded, with operations starting next month and early 1952 completion for the Texas plant. Bonds carry 4 percent interest, mature July 1, 1962, with a sinking fund.
MENTIONED IN THIS ARTICLE
New York
Reynolds Metal Co
Pion Heal Vurpus Vonduu
Jones Mills
Ark
Troutdale
Ore
Texas
Reynolds
Jamaica
British West Indies
Arkansas
Longview
Wash
County issues building permits totaling over three million
Mari copa County Planning and Zoning issued 475 June permits and 41 in May, totaling 3 581 152 for June. Residential permits dominated at 3 129 572 including 80 200 for apartments. Additions to existing structures were 17 900. Schools received 114 000, commercial 14 580, industrial 211 000 including a Bekins Van and Storage warehouse and office near N Central and Indian School Road.
MENTIONED IN THIS ARTICLE
Maricopa County
W. T. Keplinger
Bekins van and Storage Company
N. Central
Indian School Rd
Mexico Meat Tour Opens in El Paso Trade Mission
Cattlemen seeking to lift the cattle import ban from Mexico take newsmen on a tour of Mexican ranges and meat packing centers. Spokesman Lowell Blakey argues disease fears are unfounded and U S meat supply needs relief. The group plans flights from Douglas to Chihuahua City and Mexico City for talks with hoof and mouth disease officials.
MENTIONED IN THIS ARTICLE
EL Paso
Tex
Mexico
Lowell Blakey
United States
Douglas
Ariz
Chihuahua City
Mexico City
Markets To Be Closed For Independence Day
New York July 3 AP markets across the United States will be closed tomorrow for Independence Day. Financial and commodity exchanges will suspend trading as the holiday observes national festivities.
MENTIONED IN THIS ARTICLE
New York
United States
Independence
Titanium production cost cut by new Navy method
The navy announced a new production process that lowers titanium cost from five dollars to one dollar per pound. The method, developed by MHorizons, Inc. of Cleveland under contract to the Office of Naval Research, aims to boost supply for jet engines and ship components.
MENTIONED IN THIS ARTICLE
Washington
Navy
Mhorizons, Inc
Cleveland
Ohio
Office of Naval Research
NY Stock Exchange Dividend Terminology
The item lists dividend related terms used in 1950s stock quotes. It defines codes for cash or stock payments, ex dividend dates, payable status, and arrears. Includes references to cash value estimation, year payments, and stock split implications.
Exchange Rates New York July 3 Foreign currencies
Foreign exchange rates list in New York with bid and ask figures for Canadian and British currencies, euro, francs, guilders, lire, escudo, krona, peso, and other units. Values show mostly unchanged conditions with minor discounts or margins and futures notes for some currencies.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Britain
Undine
France
Italy
Portugal
Escudo
Nie
Mexico
Undian
Venezuela
Bolivar
Market Notes From Fragmentary Text
Fragmentary AP style note appears, mentioning shipments and totals in dollars. Specifics are unclear, but indicates market movements and prices with a reference to days and totals. Entities such as AP and USDAYS appear as contextual markers rather than detailed data.
Spot non ferrous metals prices rise in Connecticut market
Partial AP item notes price changes for non ferrous metals and a Connecticut water rate adjustment as of July 3. Limited readable details include a three quarter cent or larger move and a cited pound value, with emphasis on market movement.
MENTIONED IN THIS ARTICLE
Connecticut
Ted
Stock market recovers for second day gains on leaders
New York July 3 AP reports the market rebounded from last week's lull amid Korean truce talks. Leaders rose over a dollar, few losses exceed a dollar, volume eased to about 1.3 million shares. Anderson Clayton jumped near eight dollars on a 100 percent stock dividend and higher cash pay. Firestone rose up to four dollars after an earnings report. Pfizer and Fedders Quigan were largely steady to higher. Curb prices moved higher.
MENTIONED IN THIS ARTICLE
New York
Loew's results show gains and 1950 comparison figures
Loew's Inc reports net income of 1 341 754 or 26 cents a share for the ended June 7, up from 1 032 478 or 20 cents in the prior year. For the 40 weeks ended June 7, net profit was 5 567 619 or 1.08 a share versus 6 019 441 or 1.17. Firestone Tire and Rubber Co reports six months ended April 30 1950 net income 23 082 048 11.69 a share and 13 320 055 6.68. Park City Consolidated Mines shows a net loss of 11 272 for the year ended December 31 1950.
MENTIONED IN THIS ARTICLE
Loew's, Inc
Firestone Tire and Rubber Co
Park City Consolidated Mines
New York AP reports drop in wholesale price index
The Associated Press weighted wholesale price index for 35 commodities falls to 199.72, a 1951 low, from 199.87 the prior day and 200.78 a week ago. The index, with 1926 average set at 100, shows continued downward movement with gradual year-over-year shifts.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Hay pricing list from Los Angeles market report
A Los Angeles market listing shows hay grade prices for U S No 1 through No 2 varieties and abbey and oat hay with price ranges. The figures relate to July 3 and are presented in a terse telegraphic style.
MENTIONED IN THIS ARTICLE
Los Angeles
Lue
Fifesta Hay
U. S
July Corn Soybeans Show Strength Wheat Slips
July corn and soybeans rose on short covering at the Chicago Board of Trade as wheat opened with early milling demand amid a private crop estimate forecasting spring wheat gains. The report notes corn crop above ten year average despite heavy rains in parts of Iowa Nebraska and Missouri with export movement hinting at new feed grain business. Prices shown for July contracts include wheat around 2.33 to 2.41, corn near 1.69, and soybeans about 3.08 to 3.12 per bushel with lard futures also listed.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade Today
Iowa
Nebraska
Missouri
Seaboard
Melon ships rise as cantaloupe demand grows in Phoenix
Cantalope shipments from Phoenix rise with 145 cars expected, up from 137. Heavy volume featured 36 size crates at 3 dollars yesterday and same day demand strong today. 45s brought 2.50 dollars, a few at 2.75, and 27s at 2.50.
MENTIONED IN THIS ARTICLE
Phoenix
Livestock Quote Reports From Los Angeles Kansas City Chicago
Los Angeles markets show cattle receipts around 500 head with prices for high utility steers 29.50 to 32.60, heifers 32.00, cows 24.00 to 26.50, canners 20.00 to 24.00, calves 50. Slaughter hogs around 300 head with bids weak to lower, sows 18.50, stock lambs and sheep scarce. Kansas City and Chicago reports note steady to mixed changes in steers 32.00 to 38.60, heifers 31.50 to 36.50, cows 19.00 to 27.00, hogs 21.25 to 23.75, sows 17.00 to 20.50, lambs 31.75 to 32.50, and sheep 14.00 to 16.00.
MENTIONED IN THIS ARTICLE
Abbotts
AmAirip
Sterl Dru
HoudHersha
Sunra
AmTel
Xtron
ArmouréCo Am
Weransw Air
Usforsec
Uspipe
Vesteets
LukensStlia
VickChem
MackTruck
Macyrh2
Walgreenl
ButteCop
Tlaw— MagmacCop
Iosia
Abig Auto
NatAvia
Colges
Collirts
Scig
Nyc
Nyste
Noamc
NorPac2
NorStaPw
NorthwAirl
Deere&Colg
Pennrr
Autar
Los Angeles
Kansas City
USDA
Chicago
Breachable cottonseed oil futures drift on July data
New York July 3 AP reports cottonseed oil futures moved higher to 20 lower with July at 18.30 bid and ranges listed for October December March and May contracts. Values shown include July 18.30 bid, 16.80 81, Oct 4.91 3, Dec 3.86, March 15.87 90, May 43.
MENTIONED IN THIS ARTICLE
New York
American Natural Gas reports over subscription for new stock
Financing news from New York on July 3 reports that American Natural Gas Company says common stockholders have over subscriped the issue of 334,953 new common shares, indicating strong demand.
MENTIONED IN THIS ARTICLE
New York
American Natural Gas Company Today
Turpentine market report from Savannah on July 3
Turpentine market in Savannah shows 80 offerings and 80 sales with no sales today. Receipts total 339 barrels while shipments are 123, leaving stocks at 2 083 barrels.
MENTIONED IN THIS ARTICLE
Savannah
Copper Lead and Zinc Futures Close Quiet
NEW YORK July 3 AP copper lead and zinc futures closed quiet with no sales reported.
MENTIONED IN THIS ARTICLE
New York
Los Angeles Grain Market Quotes and Prices
Grain prices in Los Angeles show No 2 white wheat at 3.8214 to 3.8714 per cwt for bulk carload wholesale. No 2 western barley 46 lbs at 3.10 to 3.15. No 2 white oats 28 lbs at 3.40 to 3.50. No 2 yellow corn at 3.71 to 3.76 and No 2 milo at 2.8714 to 2.921. Spot prices: Wheat 3.871, barley 3.114, oats 3.50, corn 3.76, milo 2.92.
Bonds Rise on Mixed Corporate Issues in Quiet New York Trade
In New York July 3, corporate bonds gained generally with volume near the final cut. Government bonds were narrowly higher. Baltimore & Ohio rail series led gains, while Bethlehem Steel, Firestone, Seaboard Air Line, and Wisconsin Public Service issues posted solid advances. Some bonds, including certain Southern Pacific and 2s, moved differently amid mixed sentiment.
MENTIONED IN THIS ARTICLE
New York
Baltimore & Ohio Railroad
Bethlehem Steel
Chicago & Eastern Illinois
Firestone Tire & Rubber
Seaboard Air Line
Wisconsin Public Service
Southern Pacific
Baltimore & i
Phillips Petroleum
Ohio
Pittsburgh
Lake Erie
Virginia
Bond Aver
Associated Press
Indust
Witl
Foreien Vieja
Otis & Co ordered to pay Kaiser-Frazer damages
The Cleveland firm Otis & Co was ordered by the U S District Court to pay 2 588 919 to Kaiser Frazer for outright breach of contract in a 10 million stock deal and will appeal. Anderson Clayton directors proposed a 100 percent stock dividend plus a dollar per share cash dividend, with an extra dollar declared. Weekly business failures rose to 188 for the week ended June 28, from 180 the prior week and 156 a year ago, Dun and Bradstreet reported. Eleven steel firms including U S Steel were sued in Chicago for 7 125 million by a man alleging monopolistic pricing harmed his business.
MENTIONED IN THIS ARTICLE
Cleveland
Otis & Co
U. S. District Court
Kaiser-Frazer Corp
Otis
Dun & Bradstreet
U. S. Steel
Chicago
Cotton Market Irregular in Pre-Holiday Trading
New York July 3 AP The cotton market opened steady then turned irregular with profit taking and hedging as distances months held firm. A leading spot seller disposed of old crop July against October 1951 purchases. July open interest reached 128,500 bales with delivery due July 13.
MENTIONED IN THIS ARTICLE
New York
Wholesale price notes from Los Angeles and Chicago
AP reports from Los Angeles and Chicago on July 3 show wholesale egg and butter markets weakening slightly. Grade A large eggs noted at 59-61 cents, small eggs 42-44, butter prices down to 68-68.5 cents for U.S. extras and 66-68 for others, with live poultry receipts at 30 loads and mixed hen and fryer quotes.
MENTIONED IN THIS ARTICLE
Los Angeles
Chicago
U. S
Public Notice of Liquidation of The Preferred Accident Insurance Co of NY
In New York Supreme Court orders dated April 30 1951 and June 22 1951 the company was dissolved and adjudged insolvent. Creditors required to file written verified proofs of claim by October 31 1951 with liquidator Alfred J Bohlinger State Superintendent of Insurance at 80 Maiden Lane New York City. Alfred C Bennett attorney for liquidator noted June 25 1951.
MENTIONED IN THIS ARTICLE
Preferred Accident Insurance Company OF
New York
New York Supreme Court
Alfred J. Bohlinger
State Superintendent of Insurance
State of New York
Maiden Lane
New York City
Alfred C. Bennett
Liquidator
Also Mentioned on This Page
Tra
N. Y
Lta
Wool Market
Hicher
Igher
Jules
Anderson Clayton
Firestone
Pfizer
Fedders- Quigan
Dow-Jones
E. F. Hutton and Company
Averages
Semates _— Indust. Rails
Melon Shipping Mounts
hood + selec
Curb Exchange
Marae
Am Ee Ee
Ares el
Dwar
Atlas
Bell Tel
Breeze Cp
Bank Hill
Burma Ltd
Calg & Ed
Cal el Pow Can Marconi
Cat Chesebrough
Claude Neon
Consm Cosden Et
Pet
Nhs i Sug Ve
el Bond&Sh
New Pon
Niles
Eureka Ltd
Norop Aire
Faire
Fansteel M
Pennroad
Ord Mtd
Pioneer G
Gianell
Piper Aire
Glen Iid
Raytheon Mf
Powdr & al
Goldfie Conrys
Gt Lak Oil
Ns Co N Am
Aiser Fraz
Kingston
Il Ky
le Tourneau Lone Star G
Starrett Cp
Louis Technico
Mead John
Tri
Mesabi
Ron
Unit
Airc Pd Midh Bumly Ag
Mid St Pet
Idvaie Utah
Sug Waltham Wat Mountebe
Woodley Pet
Mount St T&t
Wright Har
Mitter
Nat Bell Hi Curb
Nat Fuel
Nat UN
Zz Rs
International News Service
The
United Press
Minneapolis
ELY, Beck & Coo
NEW York Stock Exchange
Arizona Municipal and
Arizona
West Adams ST
Dillon, Read & Co. Inc
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