The Philadelphia Inquirer from Philadelphia, Pennsylvania • Page 28

yyayy y-ei' lOTf 1 a THE PHILADELPHIA INQUIRER. MONDAY MORNING. OCTOBER 29. 1956 Delaware Valley, V. S.

A. Average Price of 30 Leading Stocks Auto Facts BASED UPON DOW-JONES AVERAGE OF 30 LEADING INDUSTRIAL STOCKS ON THE NEW YORK STOCK EXCHANGE ii i r-Kw wii 1 I New Model Pricing Foreshadows Hot Competitive Battle for Sales First Unit in Operation At Tidewater Refinery THE world's largest crude oil distillation unit was put Into operation last week at the Tidewater Oil new refinery at Delaware City, Del. The crude unit, capable of per-, forming the first step in the refining cycle at the rate of 130,000 szs- EXTREME RANGE D. 1M i soo HIGH LOW 'i cio Prk.sr-U WTvs, 14 soo Oct. 463.83 1 1 I i LiJinWl I 'Yl i i 458 2lAT '7Vrr-1 iV-450 385.65H "jH rrTOcf.

SoH425 4Q0ji1929-3861O 195.35 fcl' jHTnliiih 400 i r-irffr-p--rn-ri rrkT i -m 1 1 1 1 i hrt-if Lj' 490r 1. M0-- -H-TH- PM'I! 1 I 'i: 1 200 ANOTHER indication ol the I tough competition that is in store for the auto companies this hiked $100 to $280, Buick prices were increased $173 to $254, Cadil purchase for cash, should provide a sizeable potential for the new models," the bank claims. The brightest forecast is by For NOTICE OF REDEMPTION AUTHORITY OF t-PRINGFIELD TOWNSHIP, MONTGOMERY COUNTY, PENNSYLVANIA 3'; Srwer Revenue Bonds) Rerie of 1953 Maturing; AuKust 1, 1967, August 1, 1966 and August 1, 1965 Notice hereby riven that $40,000 principal amount of Bonds maturing Augutt 1. 19S7, principal amount of Bond maturing August 1, 1966 and $47,000 principal amount of Bonds maturing August 1. 1963 (being all the bond of aaid maturities now outstand'ng, nave been railed for redemption December 1.

1956 at the redemption price of 101 plu accrued interest. All of said Bonds will be due and become payable on December 1, 1958 at the principal office of the undersigned. Broad Chestnut Streets. Philadelphia 1. and from and after December 1, 1956 interest on said bonds shall cease to accrue.

This is given In accordance with Article IX of Trust Indenture dated as of August 1. 1953 between Anthority of Springfield Township and The Philadelphia National Bank as Trustee, securing these Bonds. THE PHILADELPHIA NATIONAL BANK, TRUSTEE Philadelphia, Pennsylvania October 29, 1956 coining year was given last week oarreis a day, processes crude lac prices were boosted $348 to $644, and Oldsmobile prices went up $132 to $284. Pontiac prices range from $2201 to $3146; Buick from $2319 to $3639; Cadillac from $4212 to $6934 oil for further treatment by tune magazine. In a report released today, it predicts that an average of 7,000,000 cars a year will be sold other units.

Until other processing units at the refinery are completed, the Ivers Named To Ortleib Post James F. Jvers has been named 175 and Oldsmobile from $2439 to $3792. i I i I I i 111 between now and 1961, an Increase of 800,000 units over the average sales for the past four years. By 1961, the magazine states, Ameri ISO crude unit's output will be held in storage for further processing, except for a limited quantity of marketable fuel oil. Price Increases ranging from $66 on its two-door Savoy hardtop 1953 1954 1955 1952 1956 in the Hood or price announcements for the 1957 models.

Ford Motor Co. started the week with an unprecedented move to wrest the title of "the lowest-priced car in its field" from Chevrolet. Ford reshuffled its prices. It cut its three-week-old suggested list prices of five 1957 models of Ford cars, and boosted them on 13 others. As a result of these revisions.

Ford was able to issue a statement claiming the new list "gives Ford the lowest-priced car and station cans will be spending 7.9 percent of their cash income, or a total of $24,300,000,000 in the car mar ket. to $160 for the Belvedere four-door sedan were announced by the Plymouth Division of Chrysler Corp. for its 1957 model cars. The factory retail prices range from $1704 to $2187 for the six-cylinder cars. All eight-cylinder models are $93 higher.

These prices leave Ford with C. A. Watson, general sales man ager of Willys Motors, announced that Jeep dealers, distributors and CM a -lit Vertol Aircraft Sees Record Order Backlog With $134,000,000 of orders on hand and others in prospect, Vertol Aircraft Corp. anticipates it will start 1957 with a record-breaking backlog of $160,000,000 and have a very succesful general sales manager of th Henry F. Ort-lieb Brewing William F.

Ortlieb, executive vice president in charge of sales, announced yesterday. William J. 1 vaa named assistant to the executive 1 president. Ivers Is a wagon in its field." The revisions seem to leave Ford $1 below Chev factory field representatives would get a chance to win a trip to Ha rolet on six comparable body styles wail. An eight-day expense-paid $10 and $11 lower on two and $1 island vacation for two will be higher on three.

the lowest prices model in the field its business tudor Customline which is priced at $1679. Chrysler's Dodge division is posting its prices this morning. Factory retail prices for its 1357 models are boosted $70 to $192. They range from $2124 to $2832. awarded the top dealer in each of the company's 20 national sales year in 1957 The week ended with a startling departure.

American Motors Co. areas in a contest which ends Dec, Don B. Berlin, president, notes 31. An additional tour will go to JAMES F. IVERS that a number of developments point to a bright future for the Morton, aircraft firm.

Among graduate of West Catholic High, announced decreases ranging: from $333 to $378 in factory list prices of its 1957 Nash Ambassador and Hudson Hornet cars. The com top distributor J. S. Snyder was appointed southeastern regional sales manager for Ford Division of Ford Motor with offices at and the University of Pennsylvania. New Investment Group to Meet them: The 10 other major processing units in the refinery, the largest ever to be built at one time, will be placed on stream as each is completed late this year and early in 1957.

When it comes to making quick recoveries, Fogel Refrigerator Co. need not hold a candle to any other firm. A week ago Thursday, a $500,000 fire swept two of Fogel's seven buildings at Eadom and Kennedy in Frankford. But the firm only five days later last Tuesday bad transferred operations of the two buildings to the remaining facilities and had returned trffull scale production. On top of that, the company is rushing plans for the construction of a new $1,000,000 plant next to the burned out facilities.

Fogel, manufacturer of commercial refrigerators and freezers and market display cases, had a sales volume of $3,000,000 last year and expects to hit $5,000,000 this year. And with the addition of the new plant, it hopes to reach a sales total of $15,000,000 next year. Leeds Northrup Co. has been awarded a contract to engineer Although It Is now doubtful whether the auto Industry will be able to hit 6,000,000 cars this year, much better things are predicted for next year. R.

J. Eggert, Ford Pennsylvania Utilities Investment Corporation The Board of Directors has declared a regular quarterly dividend of fifty cents per share on the $1.00 par value Common Stock, payable November 15, 1956, to shareholders pf record November I. 1956. LEWIS C. DICK President Drexel Hill, to, replace C.

Gordon An order from the French Government for 50 H-21 helicopters in March and indications of a sec pany, however, announced boosts averarinrr 4.35 percent for its ond such order; Negotiations with the West Ger Johnston who goes to New York as northeastern regional sales manager. Lee Wolfson has been appointed the Packard dealer here for service and sales, Carl K. Rev- Rambler. economist, predicts that "styling of The newly formed Investment PRR to Order 50 New Diesels the new cars and a strong upsurge man Government for a quantity of military transport type helicop Prices for. the Nash Ambassador and Hudson Hornet models range in reneral business conditions Association of Philadelphia will hold its first luncheon meeting Wednesday at the John Bartram Hotel.

Kenneth R. Williams, a ters; H-21 CERTIFICATION Progress on a $1,800,000 contract from $2520 to $2781 and for the Rambler from $1757 to $2242 for the six cylinder models and $2011 should produce sales of more than 6,600,000 new automobiles in 1957. The Chase Manhattan Bank of New York also believes there member of the New York Stock Exchange, will speak on the work to install two General Electric Co. T-58 gas turbine engines each in should be a good market for the new 1957 autos. It notes that two H-21s and.

elle, Studebaker-Packard Corp. general sales manager, announced. Finance Unit to Meet The Pennsylvania Consumer Finance Association will hold its 42d annual convention" at the Benjamin Franklin Hotel Nov. 7-8. Mayor Richardson Dilworth, the principal speaker, will discuss the future of business in Greater Philadelphia.

A joint certification program for 000,000 people made final payments to $2424 for V-8 models. These prices do not include Federal excise, State and local taxes and handling and delivery charges. Four General Motors divisions announced higher prices on their ALLEN FORWARDING CO. announces the removal of its offices to 1302-3 MALL BUILDING 4th Chestnut Streets, Philadelphia 6, Pa. October 29.

1956. the 22-place H-21 by Canada's Department of Transport and the U. S. Civil Aeronautics Administration. The last would permit the com on auto Instalment loans last year, 9,250,000 will do so this year and about 10.250,000 will follow suit in 1957.

"This latter group, in addition to the many who traditionally il957 models. Pontiac prices were of the specialist. Financial Analysts Lee Pettit, General Electric will address a luncheon meeting of Financial Analysts of Philadelphia Thursday at the John Bartram Hotel. Investment Women The Investment Women's Club of Philadelphia will hold its second educational meeting Nov. 7 at the Fidelity-Philadelphia Trust Co.

Joseph E. Welch, executive vice president, Wellington will discuss variable annuities. pany to develop commercial sales for the craft which, heretofore, has been built only for the military. Berlin also disclosed preparations are being made for possible later installation of Lycoming T-53 en Cm ppf gines in the H-21 and studies are being made of some special applications for the giant 40-passenger H-16 helicopter, a development project which the Government pa? 5 V-- -AJ4A Manartil-250-toa Cenitk 1 The Pennsylvania Railroad announced yesterday it has authorized the purchase of 50 additional diesel-electric locomotives, each bf 1750 horsepower. It is expected that delivery can be obtained during the summer of 1957.

The new power units will be used for freight service between the Pennsylvania's Enola yards at Harrisburg; and its terminals at Chicago. Cleveland, Detroit, Cincinnati, and St. Louis, the company said. The new locomotives when completed, together with 55 locomotives now on order and scheduled for delivery this month and next, will give the PRR a total of 2184 diesel-electric units with a combined capacity of 3,085,320 horsepower, the Pennsylvania stated. With these acquisitions, the Pennsylvania's operations will be 95 percent diesel-electric or electric powered.

Diesel-electric or electric power will then handle virtually 100 percent of the passenger service, 95 percent of the freight service, and about 92 percent of th switching service. Only 259 steam locomotives will be left in service, and they will be used largely at selected points on the railroad in times of especially heavy seasonal traffic. Controllers Institute I. H. Krekstein, partner, Laven-thoi, Krekstein will outline current developments in Pennsylvania taxes at a meeting of the Philadelphia Control, Controllers canceled earner this year.

PROFIT RISE SEEN He believes the H-16 studies may Wfc JnszA institute of America. Thursday lead to reactivation of the H-16 for evening at the Sylvania Hotel. an entirely different purpose than originally intended. The company is also making! and 98 years of experience fer 'tiis Port of Philadeiphla Appreciable nevf strength and facilities have been placed at the disposal of the Port of Philadelphia area with the establishment by. Merritt-Chapman Scott's Derrick Division of regional marine heavy hoist and salvage service.

Consulate-Women's Philadelphia Chapter, American Institute of Banking, Consulate-Women's Committee dinner meeting will be held this evening at the Poor Richard Club. progress in the fields or vertical takeoff and landing and short takeoff and landing and is nearing the point of having an actual project in operation, Berlin reports. Earnings this year will be "substantially" higher than in 1955 when Vertol had a net profit of $1,550,937. or $3.32 a share, on sales of $57,690,074. The expected improvement resulted in the recently declared 15 percent stock dividend compared with 10 percent stock dividends in th9 previous three and construct the complete control system of Curtiss-Wright nuclear research reactor at Que- hanna.

Pa. Turbo Machine manufacturer of machinery for the textile industry, announced the development of a new machine for the finishing of fur-like high pile fabrics of either knitted or woven construction. Personalities In the Delaware Valley: David Tamaccio was named head of the newly created research engineering department of Soabar Co. Samuel N. White was named to succeed Tamaccio as assistant sales manager.

Hubert M. Livingston was appointed Philadelphia district manager for the Electro Data Division of Burroughs Corp. Edward J. Doherty was named assistant to the president of Vertol Aircraft Corp. in charge of public relations and advertising.

Harry C. Lawless, was promoted to manager of the Philadelphia district office of Champion Paper Fibre Co. Dr. John A. Yourtee was appointed technical superintendent of American Viscose film division plant.

Daniel J. McNichol, treasurer, was elected a director of Perm Metal Corp. of Pennsylvania. Frederick F. B.

Hare was named eastern regional manager of Ortho Pharmaceutical with headquarters in Philadelphia. Gustave D. Cederholm was named head of the new prime distribution division of Ballinger-Meserole Co. Vincent N. De-Cerchio was appointed assistant to the president of Orr Sembower, Inc.

Perry A. Warren was named factory manager and Eugene J. Raymond contracts manager of the defense division of Kaiser Metal Products, and R. Elwood Gray was appointed works manager of the firm's commercial division. Financial Shorts Week in Stocks and Bonds NEW YORK.

Oct. 28 (UP). Sales em th New York Stock Exchange for the week ended Oct. 26. compared with the previous week, follows STOCKS This week lost week NEW YORK Kennecott Copper Co.

reported sales and earnings hit new peaks in the nine months years. Monday MERGER NEGOTIATIONS 1,425.260 1,606,630 1,394,943 1,576.799 1,643,663 1,637,605 1,581.900 1,635.309 1,802.310 1,719,250 Vertol is also the midst of ended Sept. zo. Net profit jumped to $115,978,457, or $10.72 a share, from $81,889,463, or $7.58, in the year ago period, with sales rising to $441,825,896 from $381,073,698. Tuesday Wednesday Thursday Friday Total Monday Merritt-Chapman Scott, which recently acquired the major fioatfng equipment of the Philadelphia Derrick Salvage the nation's leading marine salvage-heavy lift organization.

In addition to two' 100-ton lift capacity derricks based at Philadelphia the COMMERCE and C0NQUER0R-M-C facilities now available to this pert include a fleet of 11 derricks with individual capacities ranging up to 250 tons and 3 ocean-going salvage vessels. negotiations on the proposed merger with Northrop Aircraft. Early in October directors tentatively 7.848.078 BONDS Earnings for the September quar- 3.209,000 8,17575 2,097,003 2.951,000 2,305,000 3,181,000 3,783,000 ter came to $26,859,292. or $2.48 a 'approved the merger ana auuior-share, against $16,553,995, or $1.53 a jized discussions beyond the ex- Tuesday 3,571,500 Wednesday 3,399,000 Thursday 2,618,000 Friday 3.079.C30 share, in the 1955 quarter, while ploratory stage. According to Berlin, there are sales totaled $114,691,819 compared Total $15,876,500 $15,127,009 with $96,798,096 a year ago, no known real obstacles in the way of the merger and both concerns are eager to complete arrangements Dow-Jones Weekly Stock Averages LANCASTER Armstrong Cork (Including Infra-day High ond Lows! Ooen High low Close Og.

30 Inds 436.53 487.98 578.29 436.06 -Co 20 Raili 162.11 163.22 15B.92 160 19 2.19 15 Utile 65.87 66.17 65.40 66.11-)- -28 65 Stks 172.36 173.00 169.6971.91 .41 Your Confidence is Justified Where Ttiis Flag flies Co. estimated earnings for the first jas as p0Ssible. Under the pro-nine months of this year at plan Northrop would ex-000. or $1.89 a share, and sales at change two shares for each share $185,700,000. In the year ago pe-of Vertol.

There are 471,485 Ver-riod. the company had earnings of shares presently outstanding $11,179,000, or $2.18 a share, and, 1i2J584 shares of Northrop, sales of $186,613,000. Earnings for Berlin reports both firms view the third quarter of this year were the proposed consolidation as a estimated at $2,977,000 compared complementary situation which Merritt-Chapmax Scott Dow-Jones Weekly Bond Averages low High Close Org. Ooen 40 Bonds 92.11 92.11 92.30 92.52 90.36 93.82 82.05 91.89 91. es 92.

C6 90.17 93.35 El. 89 91.89 .26 91.85 .56 92.06 .03 90.30 .05 93.36 .44 82.C5-)- .06 CORPORATION Founded In I860 DERRICK IMUND SALVAGE DIVISION Seneial Offices: 260 Madison Avenue, New York IS, N. Y. Philadelphia Office: Pier 17, North Wharves, Market 7-1543 1st Rails 92.30 2d Rails 92.10 Utilities 90.21 Industls 93.82 Incm RIs 81.89 witn 54.i54.uuu a year ago ana sales -would strengthen both, Advertising Appointments NATIONAL DISTILLERS PRODUCTS CORPORATION mm at against the 1955 period. "Sales volume was affected to some extent by the drop in new housing starts and the lower level of automobile production," C.

J. Backstrand, president, said. He added "earnings were also reduced by non-recurring expenses involved in bringing into production new manufacturing facilities and in preparing to market their output." PITTSBURGH Crucible Steel Co. of America announced acquisition of National Research half interest in Vacuum Metals making the latter a wholly owned Crucible subsidiary. FINANCIAL NOTICES DIVIDENDS Penmgfon, Colket Absorbs Firm Penington, Colket members of the New York Stock Exchange and other leading exchanges, yesterday announced the consolidation of Aspden, Robinson with Penington, Colket Co.

and the formation of a bond department. Ellwood S. Robinson and Lawrence B. Illoway. specialists in municipal, revenue and corporate bonds, will head the new department.

The consolidation is effective Nov. 1. Robinson has been active in the municipal bond field for more than 25 years. He was associated with Guaranty Co. of New York in their Philadelphia office until 1934 when he joined A.

Webster Dougherty Co. He left the latter firm in 1946 to form Aspden, Robinson Co. Illoway has been prominent in the field of corporate bond financing for more than 20 years. He graduated from Hill Academy in 1929 and Harvard University in 1933. Following graduation he became associated with the Chase National Bank, later joining A.

Webster Dougherty Co. and Reynolds Co. in Philadelphia. In 1948 he became a partner of Aspden, Robinson Co. UNION TANK CAR COMPANY Dividend No.

162 The Board of Directors hat declared a quarterly dividend of Forty Cents (40c) per share, payable December 1, 1956, to stockholders of record at the close of business November 9, 1956. William B. Browdm Secretary October 25, 1956 Gray Rogers named two new partners, enlarging its ownership group to 14. They are William S. Kinney, a copywriter, and Henry R.

Hallowell, of the contact department. Gray Rogers said their appointments were in recognition of outstanding performance. Greater Philadelphia Fuel Conference and Business Personnel Consultants designated Action Associates to handle public relations and publicity. Louise Crocker joined Arndt, Preston, Chapin, Lamb Keen, as consumer space buyer. Guy E.

Parsons Detective Guard Agency named Ball Associate to handle publicity, public relations and sales promotion Outboard Marine Corp. appointed Geare-Marston, to handle its institutional advertising. Edward J. Doyle and Harold A. Langerman joined the copy staff of Lewis Gilman, Inc.

NET INCOME of Keystone Portland Cement Co. in the nine months ended Sept. 30 rose to $1,361,338, or $2.49 a share, from $1,023,087, or $1.87, a year ago. Common Stock Th Board of Directors hat declared a quarterly dividend of 25 per $ha- on the outstanding Common Stock, payable on Do-camber 1, 1956, to stockholders of record on November 9, 1956. The transfer books will not close.

Preferred Stock The Board of Directors has declared a regular quarterly dividend at the rate of 4 per annum on the par value of its Cumulative Preferred Stock, 4 Series of 1951, payable on December 15, 1956, to stockholders of record at the close of business November 15, 1956. PAUL JAMESON October 25, 1 956. Trasurr E. W. SMITH CO.

Investments WISHES TO ANNOUNCE THE: REMOVAL Or THEIR OFFICES TO NEW AND LARGER QUARTERS AT 1425 CHESTNUT STREET third floor Philadelphia 2, Pa. PHONCl LOCUST -SIOO Bank Stocks Higher Bank stocks rose in the week ended Oct. 26. Figures in Merrill Lynch, Pierce, Fenner Beane index follow: Oct. 26 Pr.

Wk. Yr. Ago Nationwide 289.8 238 4 278.6 New York 251.9 250.8 231.0 PROPOSALS PROCUREMENT CITY OF PHILADELPHIA. Seaied bids will be received and read publicly in Room 313, City Hall Annex, nn Fririnv Nov 9. 1956 2:30 P.

EST. CITY OF PHILADELPHIA NOTICE OF ORDINANCE AUTHORIZING $400,000 LOAN Notice is hereby oiven that the proposed Ordinance summarized below, authorizing an increase of indebtedness without the consent cf the electors, is pending in the Council of the City of Philadelphia and will be brought up for final passage in due course after a summary has been published as required by law. The following is a summary or the provisions of each section of the ordinance. Section 1 authorizes the Mayor. City ConJ troller and City Solicitor, or a majority of them, to borrow from time to time the sum of $400,000 for the purposes set forth in Section 2 from the highest bidder after due advertisement, or from the Sinking Fund Commission without advertisement or competitive bidding.

Section 2 provides that the proceeds of the loan shall be used for and towards the improvement, development and extension of the municipal airports, and the acquisition of land, interests in lend, property and equipment theefcr and the approaches the'eto. Section 3 provides for the payment of semiannual interest on soid loan and provides that the principal of each issue of bonds shall be divided into twenty-five annual series, each series to be in substantially the same principal amount: that one of such series shall be paid on July 1 of each year until the whole issue of which such series or parts shall be paid, commencing July 1 next succeeding the expiration of one full year from the date of issuance: that the bonds sholl be in coupon form in the denomination of $1000 registrable as to principal only; that the principal and interest shall be payable without deduction for taxes, except gift, succession or inheritance taxes, which the City may be reauired to pay tnereon or retain therefrom pursuant to any present or future law of Pennsylvania, all of which taxes the City assumes and agrees to pay: and that bids may be invited at various interest rates. Section 4 authorizes the issuance of bonds redeemable prior to maturity if the majority of the Mayor. City Controller and City Solicitor shall so determine: and provides the method of giving notice of the exercise of the option to redeem. Section 5 provides or the levy of a tax sufficient to pay the Principal of said bonds and the interest thereon and appropriates sufficient sums to the Sinking Fund Commission to make such payments.

NATHAN WOLFMAN. Chief Clerk of the Council. New York 308.8 307.2 301 .9 for the Fairmount Park Commission proposal -t (Oct. 1. 1941.

equal 100) listed below. No bids will be accepted unless a Questionnaire and Financial Statement for Qualifying Bidders with all questions Tours and Travel Summary of Earnings Reports fully answered is filed with Director Fair- Net on Common vlet Income- ISRAEL GOV'T TOURIST OFFICE 574 5th N. Y. 36. or Travel Agent Tours and Travel Company 1955 1956 1955 $6.09 $3.94 ATTENTION American Home Products Armstrong Cork Armstrong Corlc Bell Howell Bell Howell du Pont IE II du Pont (E II mount Park Commission, Belmont uttice, at least one (1) week prior to the date of opening of bids.

Form of contract and bonds may be obtained in Room 715, City Hall Annex. Plans. Specifications and Questionnaire and Financial Statement for Qualifying Bidders may be obtained in Room 830, City Hall Annex. A deposit of $10,000 in cash or certified check will be reauired for each set of plans and specifications. Deposit will be refunded upon return of the plans and specifications in good condition within 10 days after the bids are opened.

Bid 5931 Curb and Footway Work, Various Locations, Fairmount Park System. MICHAEL H. SURA, Commissioner. Period1 9 mo Sept 30 Quar Sept 30 9 mo Sept 30 Quar Sept 30 9 mo Sept 30 Quar Sept 30 9 mo Sept 30 Quar Sept 30 9 mo Sept 30 Quar Seat lO Quar Sept JO 9 mo Sept 30 9 mo Sept 30 9 mo Seot 30 1956 $23,384,178 9,825.000 551,379 T.ll 1 ,040 92,797,225 230,621.882 1,180,852 3,590,548 1,779.759 26,859,292 115,978,457 1.361 ,333 3.205,118 5.011,113 $15, 162,729 4,154,000 11,179,000 494.628 194 665 105,210,930 291 ,603,652 1,143.061 3.469,132 1 .570 750 16,553,995 81 ,939.463 1 ,023,087 3,526.735 4,319.904 200 Air-Conditioned Sftet Card end Come Ekco Products Ekco Products Fhntkote 1.89 .98 1.89 1 .99 6 00 .66 2 63 1.21 2.43 10.72 2.49 2.16 4.91 2.18 f.86 f2 02 2 26 6.24 .84 2.53 1.C6 1.53 7.53 1.87 2.38 4.16 Conference rooms tewuiiwr Centre available for idles Kennecott Cooper Kennecott Copper Keystone Portland Cement Puberoid l-MoL rvttine Cm trdinina meetffQs. ex'esutfv 9 mo Sept 30 White Motor Estimated.

f-On fewer shores. Cetait lerirge. Gift lestawraet THE PENNSYLVANIA RAILROAD COMPANY ond affiliated companies requests bids tor Contract 69-1956 Diesel Electric Locomotives, to be submitted on or before Noon, EST, November 12, 1956, ond opened in The office of the Purchasing Agent, Room 415. No. 15 No.

Philadelphia 4, where details may be obtained. Purchasing Agents and Business Gift Buyers MORGENSTERN 1424 Fairmount PhiLa. PHONE ST 800 offers RCA VICTOR Portable TV Sets Black White TV Big Color TV Sets Portable Radios Clock Radios Record Players Special quotations -to quantity buyers. Ask for Circulars. Delivery and Service guaranteed anywhere In the U.

S. A. Changes in Stock Holdings Reported PURCHASES 41 ELECTION NOTICE ANNUAL MEETING Corrtoany ACF-Wrigley Stores Copper Range Fedrd Dept Stores St Regis Paper Broniff Airwavs Fostes Wheeler Shores Reported by Position Ttl Hldgs. Mo 103,443 Fred Rodd Director June, 18,600 American Me'al 220,627 Sept 3.332 Je'ftev Lazarus Director 37.335 Sept I 5000 Mohaney Vice Pres 6,600 July SALES 4,000 Adams Vice Pres 6.759 Seot 2,500 Ira Guilden Director 1,500 Sept ORIGINAL REPORTS Co 151,461 Seot BB Sm fjhtWa- CSpike. Willow Grove.

P. ELECTION OF MEMBERS OF THE BOARD OF Directors of the Lower Bucks County Hospital will be held at the Hospital on Monday, November 19. 1956, from 8:00 A. M. to 8:30 P.

M. The following are Community I. J. Hetherington, Industry S. D.

Hockley, James Logan; Labor John Spadaccino, Rene Tritschler, Joseph Finan. RENE TRITSCHLER, Secretary, Board of Directors. tt. 1611 -Horsham, OSborne 5-8150 THE ANNUAL MEETING OF STOCKHOLDERS! cf the PHILADELPHIA, GERMANTOWN 41 NORRISTOWN RAILROAD COMPANY will bei held at North 13th Street, Philadelphia, on Monday, November 5, 1956, at eleven' o'clock A. for the election of Managers! and the transaction of such other business os may come before the meeting.

October 15, 1956. C. WILSON, Secretary. Willow Grove 3770 American Hardware -Stock option. t-Direct beneficial owner.

t-Holder of more than 10 of stock. -Includes or involves indirect holdings. -rf Background articles on news events and personalities appear each day in The Inquirer. Watch these to keep abreast of the news behind the news. What the fall ridegroom is wearing, together with other pertinent notes on men's fashions, is told in words and pictures on Page 1 4.

tern l.1 ywwiiuiii.iii min 'j -'-y- jfa 'i Ji mi ft 111 i 1.