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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Aug 16, 1955
Page
10
Dun and Bradstreet reports daily commodity index with Valejo low 1955 egg market notes. Treasury data show year-to-date withdrawals and deposits through Aug 11 versus last year, cash balance and public debt figures, with Bank Clearing and poultry wholesale notes from San Francisco and Oakland markets.
Tony Rivera of Decoto Flying Club won a third place trophy in a model stunt plane contest held in Stockton by the Associated Modelers association. Nearly 200 participants and over 400 spectators attended the state open event. Rivera, a Washington Union High School graduate, was honored for his entry.
Frank Sinatra invited press members to a private party in Hollywood as a truce gesture after prior tensions. The event honored Party D Amore a Hollywood restaurateur departing for Italy after 33 years, with guests including Lauren Bacall Dean Martin Betty Furness Jimmy Dean Sammy Davis and Nat Hing Cole.
Los Angeles buyers are invited to tuna sale at Central Avenue market at 25 cents a pound. Santo Pedro fishermen offer the catch directly to the public rather than sell to harbor canneries. Dockside tuna prices fell, threatening boats' operation costs. The fishermen say if fishing becomes unpaid, the public should benefit.
California personal income rose five percent in the first six months of 1955 from a year earlier, reaching an annual rate of 27.2 billion dollars. With 7.7 percent of the population, California accounted for 9.2 percent of national income, driven mainly by manufacturing and construction.
Geneva sources report Westinghouse Electric Corp has won the international atoms for sale race. Fiat of Italy has submitted a letter of intent to buy the world’s first free enterprise atomic reactor from Westinghouse, pending government approvals in Italy and the United States.
New York stock market resumes a tentative downward drift amid light bid support. Bethlehem Steel and DuPont each fall 1.44, Dow Jones industrial average off about 1.14 by midmorning. rails down modestly while utilities edge higher. Volume improves from yesterday’s 19 month low. GM soft, US Steel, Standard Oil of New Jersey and Westinghouse dip. Union Carbide, Allied Chemical, Eastman Kodak and Chrysler show some gains. aircraft stocks steady with Douglas and Lockheed up.
In Sonoma County court on Friday three Teamsters organizers William Grami Harold Abelsen and Stanley Maxwell appeared on contempt charges tied to a strike against four apple canneries. The case follows threats to truck drivers and blocking picket lines as the Sebastopol harvest valued at five million dollars faces disruption.
Miss Judith Englehardt 18, daughter of Mr. and Mrs Rudolph W Englehart, is the first woman applicant from the district to be accepted for enlistment in the U S Marine Corps this year. Hayward recruiting reports few women meet the rigid requirements. Englehardt graduated Hayward High School in June and taught a Sunday School class at the local Lutheran church.
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