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Newspaper
Cameron Herald
Location
Cameron, Texas, United States of America
Date
Sep 16, 1954
Page
5
Independent Executrix Mrs Ollie Wade receives Letters Testamentary for Forrest Cannon deceased by Milam County Texas on August 16 1954. Creditors must present claims within legally prescribed time to Jack W Prescott Cameron Texas care.
Lingan A. Warren president of Safeway Stores releases the semi annual report to stockholders. He notes intensified competition in the retail food sector with rivals using trading stamps and giveaways to sustain sales. Warren asserts confidence in long term prospects and company policy.
Safeway Stores, Inc reports total net sales of 821.9 million for the first 24 weeks of 1954, up 44 percent from 1953. Net income 6.62 million or 1.76 per common share. Company operates 1,876 U.S. and 140 Canadian stores, with 13 U.S. and 2 Canadian new openings and 47 stores under construction.
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