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The Bridgeport Post from Bridgeport, Connecticut • Page 47

Location:
Bridgeport, Connecticut
Issue Date:
Page:
47
Extracted Article Text (OCR)

TWENTY-SIX Carpenter Steel Acquires Maker of Thin Wall Tubing NORDEN WYJSION PHILADELPHIA, July (DI) Caroenter Steel Co has a quired NTH Products, Cajon. maker of thin wa tubing, for 15,000 shares Ca penter common. The exchange will be effect Aug. 1 with final closing Aug 2 Carpenter said NTH Product will be operated as a wholl' owned subsidiary of Carpenter NTH Products shareholders wi receive one share of Carpente Steel Co. for each 10 NTH nets shares held.

The acquired company, Carpen ter uid, has an annual sales vo ume of over Its products involve the use luch specialized metals as zir conium, titanium, tantalum, co lumbium and special alloys nickel and iron, including stain less steels. John Moxon. Carpenter presi dent, said the new subsidiary wi! expand and diversify the produc line of Carpenter's division. alloy tube COUNCIL BREAKS FREE OF HODGES Buiineu Advuon Declare Independence in White House Statement By EDWARD COWAN WASHINGTON. July 7 (UPI) The Business Advisory Council, a group of 175 corporate execu tives, appeared today to have thrown off a tight rein held by Secretary Luther H.

Hodges. In asserting it is a private group not linked to the government, the council in fffect declared itself not subject to rules laid down by Hodges. Hodges, with President Kennedy's support, had tightened up on the council and given himself greater control over its activities than was exercised by. his predecessors. The council was established in 1933 to advise the Commerce department.

Declares Independence The council'served notice of its independence yesterday at a meeting of its leaders with President Kennedy. Later Council Chairman Roger Blough told newsmen the council's desire to advise all government agencies, not just the Commerce depart ment. reflected no irritation with Hodges or his rules. It appeared, however, that one of the direct results of the council's plan to the base" of its advisory activities would be to remove it from Hodges' supervision. Hodges, vacationing in Canada, was unavailable for comment.

A maritime study by the council for Hodges was reported going forward Blough, board chairman of U. S. Steel and other council leaders told Kennedy the council wanted to make itself available to advise "all branches, departments and agencies of government." White House Approval White -House Press Secretary Pierre later said the President "thought that would be a good that "the various government agencies would be glad to have such a group available for consultation." Kennedy's attitude was said to reflect his desire to improve relations between his administra; VANDERBILT'S PLUNGE LAID TO ILL HEALTH SAN FRANCISCO, July 7-(AP) Millionaire George Vanderbill III jumped out of a 10th story hotel room here June 24 because of ill health, a coroner's jury ruled yesterday. An eyewitness, Susan Inez Howard, said, ''it looked like someone had thrown a rolled-up carpet from the window. It seemed to be doubled in the but it came open." Coroner Henry Turkel said Van- derbilfs body didn't just fall.

"He was found 21 feet from side of the building," he told the jury. Dr. Roberto Escamilla. Van- lerbilt's physician, said Vander- ilt "had a drinking problem," was "convalescent from a Weei- ng ulcer and was taking medicine for epileptic seizures." Mrs. Vanderbilt, hree months and burth wife--had told police her 17-year-old husband had not been drinking.

Turkel testified, however, that Vanderbilt drank heav- ly the day of his death. Vanderbilt, heir to $40 million, was the great great grandson of Commodore Cornelius Vanderbilt, the railroad baron. THE BRIDGEPORT POST, FRIDAY, JULY NAVY MAN JOINS WLT NIPPED BY PROFIT TAKING NEW YORK, July 7 (AP) Profit taking nipped the stock market's "summer rally" as irices declined slightly in moder- trading early this afternoon. The Associated Press average 60 stocks at noon was down .30 it 247.10 with industrials.off .20, rails off .50 and utilities off .10. Losses of key stocks went from ractions to a point or more.

A ninority of pivotal issues posted ractional gains. Movements were wider among some of; the higher- meed or specially-situated is- ues. Bethlehem and other steels de- EUGENE TATOM a bride of Eugene Tatom. who retired Vanderbilt's "Iy 1 as a captain in the U. S.

Navy after 30 years of active service, has joined United Aircraft Corporation's Norden'divi- tion as chief--research and development. Carl F. Schaefer, engineering manager, announced today. A native Geneva, Mr. Tatom received a bachelor of science degree in engineering from the U.

S. Naval Academy in 1931, after which he'completed three years of study at the academy in ordinance engineering. Mr. Tatom's career in the avy has covered many aspects ncluding aviator, ship's captain, and various engineering activities in many Navy research and development programs. His.

most recent assignment was with the North American --Air 'Defense where he was associated with the development of defensive command and control systems. served for three years as a member of the, Office if Naval Research Council op de- ermination of research for the He also has served as a hares of Bethlehem common is seing readied and that the seller. Fairfield County area. the second biggest mutual und, Massachusetts Investors 'rust. New Haven Railroad common nd preferred stock fell sharply overnight news that the Kenedy administration has turned own the road's application for emergency loan of $5.5 million nd that the New Haven now eems headed for reorganization nder the Bankruptcy Act.

Other rail shares declined also, artly in profit taking from their trong technical rally of yester-j ay. BETHEL RECORDS PROPERTY DEAL BETHEL, July 7 Nine re estate transfers were recordec with the office of Town Cler Earl Thumann as follows; William A. Reynolds, execute of Bethel to Gordon 'D. Stec Bethel, land and buildings. Re ervoir street; Neal J.

Hard) Federal Housing Commissione to Anthony and Catherine Azza ito of land and buildings Waterhouse Brook; Dr. Robert Clark of Bridgeport and Joh and Royal Young of Fairfield I Alois and Lena Holzner of Dan bury, land and buildings. Woo. ter street; Keith and Irene Ma of New York city, to Madelin E. Moore of the Bronx, N.

land and; buildings, Putnam Par road; Albert and Freada Casin of Hopewell. N. to Paul an Helen Burns of Brookfield, Ian and buildings. Grassy Plain ter race; John and Edwina Maii of Bethel to John Main am Roberta Main of Bethel, lam and buildings, Hickok avenue Leo and Linda Servidio of Beth el to Joseph and Elizabeth Hume ston of Watertown, land am Juildings, Kayyiew avenue George and Pauline Montgomery of Bethel to Maurice H. Hill New York city, land and build ngs, Elmwood district; Ellis A.

Tarlton of Danbury to Joseph and Julia Hurad of Danbury and at Hoyt's Hill estates. Javy liaison officer, reporting to he Chief of Naval Research, at -incoln Laboratory and Massachusetts Institute'of Technology. Presently maintaining a "resi- lined on the report that a big dence at' Colorado Springs, Col secondary offering of 727,000 Mr his wife and four children, soon will relocate in the LUX MFfc GETS WATERBURY, July 7-- AP) inal steps for the merger of -ux Clock Manufacturing with Robertshaw-Fulton Controls of Richmond, a the two companies EASTON RECORDS PROPERTY PEAK EASTON, July 7-Carl Mlinar own clerk announces property transfers as follows: Elizabeth M. Cowenhaven to Henry W. and Audrey J.

Lotock Bridgeport, land on Judd oad; Tersana Acres, to Al- nso and Lucy Diecidue land on Wedgewood rive; Charles L. Stillman to A George and Myrtle L. Lindquis Eastonriaad on Westpo'rt. Old tedding and Redding roads- Three Wells land company to William E. and Janet Bradtmuiler Fairfield, land on Burr street Also, Tersana Acres, to Charles R.

and Phyllis L. Feld of Fairfield, land on Wedgewoot drive; Annie Bratz to Charles A. Guinta of Bridgeport house and 21 acres of fand on Redding road; Charles A. Guinta to Lawrence W. and Madeline Hoyt, house and 21 acres at lam on Redding road.

Also, Clifford B. and Janet A Rothwell to Hildegarde Rodriguez and Alice Kenworthy of Easton house and land on Marsh road; Stephen and Catherine Belko to Norman Wenz of on Flat Rock drive and Flat Rock road; Carl R. and Ruth E. Till strom to Peter Calandro, of Bridgeport, house and land on Mohawk drive; George S. Gillette to Ernest Olschan, Norris Ros 3ald Lima lalt 1 Sit Oh eckman in ell How endix 2.40 'nffuet steel -oeinz 1.60 dBorz Warn 2 rtns MI ninswick .40 ufld Co url Ind .502 urrouKhs SOU0 2 dn Pac 1.50 ase Jl Trac 1 elanese 1.20 UAW GIVES GM 8-POINT PLAN announced last night papers com- sjno and Jem cohort El -eLf and High- Ridge road; Steiner, in Richmond on that date.

The announcement came shortly after Lux stockholders approved the merger. The shareholders' vote, taken at an annual meeting, was 96,715 to 6,035. Under the merger. Lux will be to Norman Wenz of Easton, land on comer of Flat itock road. Gate Ridge road and High Ridge place; Samuel R.

and Berniece Friedson to Roy T. and Mary Jane Magner of Fairfield, house resented General Motors cor- oration an eight-point proposal create more jobs by reducing said it was factu ers au oma tic ork time. The union irided on its shorter work week roposal and, in effect, told, the company it could take its choice in the multipoint program. Co. Lux shares will be exchang ed for Robertshaw-Fulton shares at a 2-1 rate.

Lux manufactures timing di- jvices. Robertshaw-Fulton- manu- operations, certain. Approval appeared management may "suggest," the tion and the business commun-j "We are prepared to explore ity especially in view of wide-i any additional approaches that spread business disapproval of many of his domestic policies. said the council's members would vote Monday in New York on the proposed change in Philip Liptbn of New York city, a Lux stockholder for more than 20 years, cast a sizable number of votes opposing the merger. His -'family controls about 1,500 shares of stock.

In recording his yote'by pnury. union said. "We are, however, Liptpn said in a letter that the determined to find an answer tolrate of stock exchange between the insecurity and unemployment which has victimized our members and their families." The union proposed: (1) reduc- In a statement left with Ken-1 tion of the work week without nedy, the council called itself "an independent organization of private individuals who desire to assist the government when called upon, without having any official or semi-official government status." This evidently was a declaration of independence from regulation by Hodges. He had told the council he would approve selection of members and agendas for meetings and would serve as general chairman. He banned secret briefings to the group by government officials and entertainment of officials by the council at post resorts.

He also made the council give up its rent-free office in the Commerce department building. Blougn also said the council might resume hearing government officials behind closed doors. He said Kennedy had erected "no obstacles" to this. Salinger said the question did not come up. loss in pay; (2) reduction of the work day without loss in pay; (3) reduction' of the work year without loss in pay; (4) longer vacations; (5) more paid holidays; (6) industrial sabbaticals (a whole year off with pay.

every few years); (7) earlier retirements, and (8) a restriction of overtime. POPE MAKES APPEAL FOR HIM CLEANUP VATICAN CITY, July Pope John XXIII called today for a "dike against decadent and insidious" motion picture films. The Pope described such films as "a great danger for society, for individuals, and especially for youth." He made his plea in a letter to Archbishop Martin John O'Connor, rector of the Pontifical North American college and president-of the Pontifical Com- mission for Cinema, Radio and Television. FILES $20,000 SUIT policeman and a -restaurant corporation, both of Bridgeport, are co-defendants in a $20,000 assault action brought today in Superior court by a Bridgeport press operator who invoked in part in his complaint the provisions of the state "dram shop" act, In a suit against Casbar, and Policeman George V. Kelly, James F.

Redmond says he and the patrolman were customers at the bar of a restaurant at 1277 Main street, owned by Casbar, Feb. 8. He claims in his suit the policeman had reached an intoxicated stage and was served alcoholic liquor by the restaurant or its employe. In consequence of the intoxication, Mr. Redmond asserts, Patrolman Kelly viciously and without provocation assaulted him, knocked him to the floor and trampled upon him.

The press operator claims he received multiple contusions apd lacerations of the face and head, a fracture of the jaw and several broken teeth as a result of the attack. Jack R. Nowitz is-counsel for Mr. Redmond. the two companies was inadequate.

M. C. HILL PURCHASES MONTGOMERY ESTATE BETHEL, July 7--The Bethel estate of George Montgomery has been sold to Maurice C. Hill, president of Willard Hawks and company, mining investors of New The 25 acre tract is situated on Route 202, opposite King -Lake and has a rambling ranch home and outbuildings include a barn and garage. Mr, Montgomery is a representative of the'Wright- Magill corporation, manufacturers of fishing tackles.

He has made Bethel his home for many years and now is residing with his wife in Florida. The sale was handled by James C. Smith, associated with the Donald M. Joseph Agency, real estate brokers of Danbury and New York city. to Sarah Hagen Riidis of Fairfield, land on Hickory.

Knoll drive. Also, Helen Marie Johnson to George F. Kelly of Bridgeport, land on Judd road; Minnie 0. S. Edwards, Sherwood Edwards and Beatrice Edwards to William R.

and Gilda S. Wright of Stratford, Woodland drive; Andrew Daruka to Imogen E. Davis of Washington, house and land on Mohawk drive; Minnie E. S. Edwards, to Frank J.

and Althena Bonitati of Bridgeport; land on Woodland drive; Elbise Beckerer Harold J. Savard, and-Marilyn Savard, house and land on Sport Hill road; Rolling Acres, to Oischan et al, 21 acres off Ferndale drive. 2.50 American Chain Buiiard company 1.60-fstk Carpenter steel 2.00 Crane Company Harvey Hubbeil 'A' Harvey Huboel! 'B' .30 Locke Steel .50 McKesson. Eobbins. BUSINESS TAXES SET RECORD IN NEW YORK NEW YORK, July 7-(AP) New York City's income from sales and business taxes--generally regarded as indicators of local business--rose to record levels over the past year despite a nationwide recession.

City' Hilda G. Schwartz announced yesterday that for the fiscal year ended last Friday the city took in 327 in special more than in fiscal 1959-1960. These taxes are levied on sales and general business. The retail sales tax brought In more than last year, while the business-financial tax by K- 328,754. LOCAL INDUSTRIES A.

M. Kidder A Inc.) Bid SOtti 47 .157. 67 187, 24V. 67V, 19'A 19 3S 28 717. 2.60Sinser 100 Roofing Underwood Corp 53 53 1 2.00 United Aircraft 477, 3.40 Raybestos Inc .60 Reminlton Arms 127, Today's Stodcs Tbt aja.

itftct tnmue- tiMs OB (be New Ywk Steck Ex chance a as Mlowi: Abbott l.oOa Admiral Air Reduc 2.50 Alco Allez Um 2 Allied Ch 1.33 Allied stri 3 4 AUis Cfcal 1.50 4 Alum Ltd Amerada 2.60 Alrlin I Am Bosch Am Can 2 Am Cyan 1.60 Am El PIT l.SSb Pw .50 Am Fdy .90 Am Mot 1.20 Am Gas 1.20 Am Std Tel Tel 3.60.. AmTob 2.80 Un VlscoM 2 zinc .500 laconda Armco gu 3 Co 1.40.. 'ryC 2.50.. Mchison 1.20a Cst Line 2a P.elin 2 vco Corp .60 ...13 137, 437, 53 4 64 34 7 16 4 19 16 427, 41 9 4 107, 40 50V, 10 1 a 157. 25 1207, 120 4 14 76V.

26 24 27V. 5 567, 4 2 3 35 7 131 7 10 6 17. Ill 40 9 497. 3 4 SV. 23 17 4 14 13 31 2 i 1 10 25 38V, en SW 1.02 21 44 y.

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.40 My 5 nel atkc outs (AP truuc- UeekEx 14W 83 81 13V, 13'. 18 18 43V, '43V 60V, 60V 53 53 26" 33V, 86V. 86V 19 44 44 107, 50V, 42 A 42 15 20 120 58V. 5V, 15V. 57V.

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M.I.T. FUND TO SELL ITS BETHLEHEM STOCK 1 NEW YORK. July 7-Massa chusetts Investors Trust, the na lion's oldest and second larges Rohr Airc i mulual fund 1S reported to have Circu Oil Max E. Loo street. Stratfn Dtit 22 33v.

33 1 arranged the sale of its 0r nassine'Tv. 1.50 2 47v, block of Bethlehem Steel TMTM StL 1 2 17V. Si Pap 8 35 35 SdwrJfjr 2 30 30 30 Corp. The block has a curren market tag of $30 million. i.4D 3 55 1 5 The sale, according to reports AL RR .801 21 29.

29 Koeb 12 70 70 SfceU Oil 1.10 3 39'', 5 Sinclair If 5 42 Singer Mf 2.60 3 100 10o' ICO Socony 2 1 2 4A 46 .16 Sou Ed 2-6Cb 1 63'-', 63'', Southern Co 1.53 20 53V, SSV, Sou 1.12 33 Sou Ry 2-80 1 537. 53'-, Sperry Rd .501 25 1.50b 5 45 1 Std Oil 2 12 52V, Sod OH Ind 19 51'; Sid OH 3.1 Of 43 45 Std OH Oh 2.50 1 57 57 57 Ettn War 1.20 4 29 29 StatiH Ch 1.2Qb 2 55VJ 55 Vj Pick 15 4 Sunray 1.40 7 Swif Co I.6C* 6 43 43 43 4. 1517, Tenn Gas 1.12 32 Texaco 2-60a 9 100' East .83 10 18V, 131 Tex Prod .60 4 42 42 Tex Su! 1 11 Tex Ins 22 1.25 3 27 Vi 27 Vi 8 427. 42 i Tidevrat Oil 8 24 24 1 24V Cont .602 8 43 47 47 Twem On 1.60 5 42 42 Un Carbide 3-60 4 139 139 139 Jn Oil Cal 2b 2 54 'f Un Pac 46 34 1 Unit Air Lin .50 10 47 Unit Airc 2 1 47 47 47 Unit Fruit .371 98 27 Un Cp 1.50 161 35 Unit 1 1 22 1 22ft US Rob 2.20 5 US Smelt 1 US Steel 3' 46 BO ft Unlv Mitch .69 58 Jniv Oil Pd 8 55 Upjohn .72 6 'a Ctro Ch 1 34 34 34 Vn' Un Tel 1.4Q 15 43 43 Wcitf-A BK 1.20 1 26 1 El 1.20 26 44 44 Kneel.SU 3 4 507. 50 50 V'ibon Co 1.60 2 Woolworth 2.50 2 75 75 75 Worthinnon 2.50 1 59 4 4 59 4 Ynist Sh 5 2 102 102 Zenlta Rad i.60t 3 172 172 tUntt of tradiof ten fbarci or talei to full Rates of dividends In the fonioluc annual disbursements based.

on last Quarterly or semi-annual dtclura- ttoo. Unleii oterwlii roeciai or extra dividends are a Also extra' or extras." rate plus stock dividend, Declared er Bald la 1961 plus stock dividend. e--Piid ast year, Payable in stock during 961. estimated cub value on' ex-dividend cx-distribQtfem date. Declared or Paid so Itr this Tear.

or aid-. after stock dividend or split up. mulatjve Issue with dividends In. arrears. B-- Paid this year, dividend omitted.

-de- erred or no action taken at last dividend meetinf. r-- Declared or paid In 1960 plus tock dividend; t-- Payable in stock dor- InC 1960. estimated cash value, on dividend or ex-dtstribvtfeB. late. y-- Ua- oldatiBf dividend, eld-- COM.

id-- Ex dividend. 5r distribotion. -UT-- Ex rifbts. xw-- Without warrants, ww-- With warranta. d-- When distributed, wl-- When Isned, fl-- Next day delivery.

rj la bankruptcy or receivership or beinc mrfanited under the Bankniptey ct, or securities assumed by sucb coin- MUTUAL FUNDS TODAl-S OPEXBC PRICES ran r. Blew nd AnotUles Asked Ifiliated Fund 8.39-^9.07 Commonwealth Investrhent io.20 11.17 "Mmmonwealth Income TurtA 7A I A I right when he fore Judge Stratford Circi will be. handled through a sec- -The youth's ondary distribution managed asked the Kidder, Peabody Co. It is slat-ipension of his ed to hit the market next week The Bethlehem block represented 2 per cent of the market value of the M.I.T. investment portfolio last March 31.

It represents 1.6 per cent of the 45,500,000 shares of Bethlehem common outstanding. The New York Herald Tribune said it learned that the big mutual fund also had been selling on the open market its holdings in Republic Steel. It held 140,000 shares of Republic Steel on March 31. Wall Street Chatter NEW YORK, July 7 (UPI Shearson, Hammill Co. say the sudden heavy emphasis on the development of missiles which began belatedly in Jun 1953 has brought on a revolution in military contracting to which the prudent investor should pay particular attention.

The trend to increased research and development expend! hires has resulted in a shift from large production runs products to heavy developmen expenses, the brokerage house notes: Therefore, there is little need for large production facilities but rather for compact, highly, technical manufacturing capabilities. It says the companies that can look forward to future growth are those which anticipated the trend to research and development, the need to have a broad technical team; and the necessity -of "directing their efforts to technical rather than product areas. companies, Shearson Hammill concludes, have a clear- cut competitive advantage over those which have been vslow to move with.the times. Thomson McKinnon says al ter a period of correction, leading electronic issues are once again meeting with strong support. -Bache Co.

feels the stage has seen- set for a challenge by the 3ow-J6nes Industrial average of the resistance level which lies above the 700 line. However it says there is still a question whether 'or not enough power has een generated to cope with this barrier. It is quite possible, Bache wartSj that another -building hase will have to take place be. ore a serious attempt is made to breach the 700 line. Martin Gilbert of Van Alstyne ffoel Co.

says there is sufficient evidence at this time to expect cense for a pf and told the taken the car Judge Reyno father that th order the susp which is an a tion of the Mo ment. In assessing passing one rt for passing th and $25 for pa Judge Reyn "there were on the highwa over the holid don't know wl stop unless these The court a to make the caddy or necessary so this fine back David Zayas road, Redding, operating whil under suspensi resentation in tor's license, unregistered for improper given a 30 sentence on a of peace. He probation until Edward H. I road, Fairfield disregarding a trial before Ju man admitted passed a line east ramp of way at Main ed gears before law says brought to a stop sign, regar ditions. Other cases cutor Michael Eric C.

Weatl avenue, Stratfc traffic light, fin chell, 676 Stratford, impr Jay E. Smith, Stratford defe ed. Also, Edna I den street, turn, $18; -Virg Sikorsky place of peace, 1195 Nichols improper lane mond Dion, Bridgeport, de One autoist and elected tri the month and of not guilty ai the court. Judge Reyno cases referred ations bureau ailed to respoi were continued Circuit Court DOCTORS JOIN HOSPITAL STAFF NEWTOWN, July 7--The appointment of six physicians to the Fairfield State Hospital as residents in psyciatry was an- ed this week by Dr. William F.

Green, superintendent. The doctors are replacements tu LO UIUC i tne hospital following the comple- pension of his sons operators h-; tion of (i, eir cn atr i residenc- cense for a period of six monthsijj The new appointments include the car away from him Dr Carlos T. graduate udge Reynolds explained to the me UmvErs ity of Santiago Meher that the court could not dical School Spain He was on order the suspension of the hcensejthe staff of Beth-Israel Hospital which is an administrative New Yor City. 1r Vehlcle de a Dr. Cesar A.

Lithgow, who received his medical degree from siJt! the Univers of Santo Domingo a. 8 who was on the staff of for passing the second red ight Grand Central Hospital, New York anH T.7S far naceinn nn tha rinltt Dr. Lorraine D. Siggins, a graduate of the University of Mel- olds commented, 509 persons killed 6 bourne, Victoria, Australia, "she served her internship at Alfred Hospital in Victoria. get tough with Dr Kiyoshi gura, a graduate of Keio University, Tokyo.

Japan, and who was a member of Grasslands Hospital, Valhall. N. before coming to Newtown. Dr. Antony P.

Sherman, received his medical degree from 1 netown cha TMS Cros Hospital Medical road Redding was fined J100 for School, London, England, and who operating while his license was served his int ernship at Poole ep Genera! Hospital, Poole, Dorset. England. Dr. Manuel Moreno-Rico, graduate -of the School of Medicine Universidad Nacional de Colom- lining his opera- -i a acon given a 30 day suspended jail bi Colombia, S.A. Dr.

8 Riccio included sred, 67 'Wakelee Stratford, passing a red med $15; Ralph Mit- Columbus. avenue, Moreno was a member of the staff of Elmhurst Hospital, Elmhurst, N.Y. At present all of the doctors are residing in Watertown Hall on the hospital grounds. Seaview avenue 2 5 42V, 6 69V, 2 44V. 10 257, 12 36V.

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M. Kidder Inc.) 1940 DlT. lastSJ Alco Chemical 9 .20 Electric Bond 32 iSi stk Felmont Petroleum Harvej- Hnbbcll 'A' .31 Harvey' Hubbeil 15 Kaiser Industries 10 Pantepec Reeves Soundcralt 1 United Aircralt Products 8ft 2SV. 207, 4'A BANK STOCKS (Prices trom smith. Ramsar a Co.) CltyTrast (10) QM 1.60-fsttr 42 1 -Com Kits lit BAT Flid Cty Bankers QJ 16V.

33 1 1.97 36 68 'A ne Gas I ne Isl Lt l.SO rillard 2.20 tens Stl .508 ck Trk 1.80 Mid I Martin Co 1 McDon Air-1 Merck 1.60' MGM 1.60 Middle Ut. 1.06 Minn il .60 Mo Kan Tex Mo Pac A 2.40 Monsan Ch Ib Mont Ut 1.20 Mont Ward 1 Motorola 1 Xat Bisc 2.80,.... Nat Dairy 2 Nat Distill 1.20 Xew Enz El 1.06 XT Central Ch SL 2 XT XH Hart Nia Pw 1.80 Norl West 4a No Am Av 2 Nor Pac 2.20 Nor Sta Pw 1.18 Ohio E(lis 1.48 Ohio Oil 1.600 Olin Math Pac El 2.BO Pan A Air 80 Pa Lt 1.25 Pa RR Chase-Manhat'n. QF 2.50 CnemBk.NYTr OJ 2.60 QJ 3.00 QF 3.00. Hanover NY ttJ rvinf Trust Min Trait QJ SJ Vorian-Guir Tr QJ 1.60 2.60, 4.00 7BV.

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54 soy, 65 48 23 37 47, 467. 267. 54 647, 23 34V. 34V, '85V. 607, 47, 417, 35 25 697.

73V, 65V. 23V. 7 55 2 35 22 7 697, 7 74V, 1 65V. 20 7 16 4 39V, 42 -4 45 45 45 3 1037, 1037, 7 8 3 0 6 42V, 35 45V, 7 76 10 isy; 421 767, 4 56 137, Priier 53 437, 437, Phelpj 3 19 58 57V, 58 Phil El 1.20 6 Philco 10 237i 42 767, Philip Mor 3.60 Phill Pet 1.70 Pit Plaie 2.20b Polaroid .20 Proct 1.40 Publlck Ind .501 Pullman 2 Pure 01! 1.60 RCA Ib i. 97 59V, 97 66 97 59 1 9 190V, 190 190 7 88V.

88 10V, 61 41V. 9.76 10.6! Diversmed Grmtth Fund 18.02 Drerfus 18.96 Fundamental 10.30 11.29 8.60 14.90 16.23 Mass. Investors Growth 17.89 19.55 8.56 9.35 National Growth series 9.73 10.63 10.10 10.87 16.73 18.18 16.65 20.27 vision Electronics Fund 9.75 Wellington Fund 16.64 ft'ellington Equity Fund 16.58 18.0: Incorporated. Investors Mass. Pioneer Fund Georsw.

Putnam Fund Putnam Growth bond -of $25 a.substantially stronger market posted by an out-Of-state-autoist which could well lead not only to was" ordered forfeited. test, of the'highs but a break- 9.40 through to new all-time peaks. At the close, of the criminal Business Judge Reynolds disposed a list of small claims cases. INSURANCE STOCKS (ftlCM Mm Smith. ft CO.) 'LUMBERS SETTLE STRIKE IN HARTFORD SHIP MOVEMENTS NEW YORK, July 7 (AP) 'ransatlahtic passenger and mail 1.40 i.iff 2.20 2.00 1.00 l.0 1234 244 '72 .136 143 68 28 71 1.60 back "to work today after reach 1 ing agreements with the Hartford Mechanical Contractors, Inc.

There was no picketing during their brief strike, which did not cause of the July 4th weekend. The announcement on the new pacts for the two unions was made, late yesterday after Local 76 of the Hartford journeymen aa'urice Rose, ing American Forwarder, TT 3. avr 16 Cerbour Connecticut CONNECTICUT INDUSTRIES (Prices. Iroro H- A Co.) Acme Wire 13 1 Th 59 BM lllej Mmw-Hart Heiernan Associated SDHnz Corp Dictaphone' Corp Imhart "afnlr Bearing Farrcl BirminHham Handy Harman 30 37 76 56 48 10 Kerlte 25 Marlin Rockwell Britain Machine Peter Pacl Plume and Atwood Vitrarnon Rotterdam; Vulcania, Lisbon. CHILD STRANGLES WILKES-BARRE, July 7-plumbers and Local 218 of the (AP) i) iane tw 0 appar steamfitters met with the con- ently trying to dimb a wire fence tractors.

A spokesman for the two unions p-. ehind her home in nearby Forty- said, details of the new pacts Fort, strangled last night when slipped and her are presented to the rank and file. striking bricklayers union was' scheduled to confer today with the Hartford General -Contractors association in an effort to end their brief walkout: The.word squirrel comes from a Chippewa Indian word meaning head first, as it is one of the very few animals that can come down a tree that way. EARNINGS DOWN FOR CHASE BANK NEW YORK. July 7 Chase Manhattan Bank yesterday reported net operating income of $34,549,179 or S2.47 a share for the 'irst six months of 1961, down $36.699,253 or a share in the same period of 1960.

Sales of securities resulted in a profit, after taxes, of $6,762,420 vs. a loss of $4,658,750 in the 1960 period. Bankers Trust New York posted a. net operating income for six months of $15,060,297 or $1.86 a share $16,286,049 'or $2.02 a share in the I960 period. Net income-from sale, pf securities-totaled $6,087,045 vs.

a loss of $766,192 Marine Midland showed a six-month net income of or 93 cents a share 1 vs. $9,346,393 or 91 cents a 'share in the first half of I960: Cleveland Trust reported net "operating income of $6,980,584 or' $13.96 a share vs. $7,144,866 or $14.29 a Harris trust Savings Bank, reported a six-month net ncome of $3,760,078 "or $2.75 a hare vs. $4,217,597 or $3.09 a ihare in the first half EARNINGS BOOSTED BY HARTFORD BANK HARTFORD, July 7-Hartfqrd National Bank and Trust corn- any today operat- ng earnings "of $2,314,733, equal $1.94 a share, for the first six months of 1961, compared with 2,081,506 or a share 'in the same period last year. Hartford National's total re- iources at midyear stood at $474,435,745.

Capital accounts to- aled $41,213,763. loans and dis- counts $237,345,542, and deposits $425,071,870. i INDEPENDENT i APPRAISER Real Estate Consultant and Analyst Over 35 years court experience. Every type of property. Confidential detailed reports.

FREDERICK E. PRATT M.A.I. Mmtktr Appraisal Institute 955 Main St. FO 7-7849 tlMMMCI: CL 22 52 13V, (Prenil dliHemt rale mmMnlra available, at jotr Into) PUBLIC UTILITY STOCKS (Prim rrom Smith. Rarnsir OXI Bpt Gas QM BPt Gas PM 8M Bpt Hydraulic QJ cntn Maine Pw OM CntrlVtPubSv Conn Lt Pow QJ Conn Water QM .96 Htld Elec Lt QF 3.00 Htfd Gas QM 2.40 New Ena" QJ Mr.

Bid 1.68 1.32 2.00 1.52 30 1.08 1.20 23 New Haven Gas QM New Haven Wat QJ Pub SV Ramp QF South NE Tele QJ Tranicm Gai QF United niuro QA West Man Co QJ 1.24 2.00 29V. 41V, 3.40 71V, 1.04 22 2.20 1.00 22V, 1.42%. 1.20 2 5 27 to YEAR INCOME Own your own business. National company has territory openings for qualified people to establish, their own business in the most lucrative beverage field in America today. Cater the nations! drink in your own territory.

Exclusive dealership available. COFFEE No experience necesiary, we train. No franchise fee. Your only caih investment of from $650 to $15,500 secured by inventory. Must be person of high integrity and credit standing in your community.

GUARANTEED RETURN PROGRAM on no risk investment. Call Mr. John Phillips at the Fairfield Motor Inn on U. S. Route Fairfield, Connecticut CL 6-0491, on or after Wednesday, July 5th.

FINANCING AVAILABLE.

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About The Bridgeport Post Archive

Pages Available:
456,277
Years Available:
1947-1977