Market Tickertape and Local Developments Mixed Signals
New York stock averages showed mixed movement with several sectors including railroads and utilities contributing to varied results. In California, a million-dollar shopping center project called Palm Plaza is planned for Mountain View with a Lucky Stores supermarket in the center. Caterpillar Tractor Company reports July 1955 sales of 38,086,735 and earnings per share of 28 cents, versus 30,332,816 and 24 cents a year earlier.
MENTIONED IN THIS ARTICLE
Mountain View
Harry McClelland
Capita
J. 2 Ernst
Lucky Stores, Inc
Palm Plaza
Lucky
San Leandro
Caterpillar Tractor Company
Harmon S. Eberhard
Growth in Bay Area Plants and Expansions Brightens 1955 Outlook
New plant projects and expansions in the Bay Area surged in the first six months of 1955, with investments approaching 99 million dollars across 60 projects. Northern California totals reached 114 million in the period, reflecting strong industry recognition and substantial commitments for expansion.
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Bay Area
Francisco
San Francisco
California
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