Ballot Nomination Booklet Issued for June Primary
Sacramento official Frank M. Jordan distributed a 5 page booklet listing offices up for the June 3 primary and the filing fees. Offices include Governor 800 dollars, lieutenant governor 400, secretary of state 399, controller 400, treasurer 290, attorney general 460, US senator 450, congressional representative 225, state senator 20 per district, assembly 90 per district, Superior Court vacancies at 1 percent of salary, superintendent of public instruction 400. First filing date March 5, last March 28. judicial declaration due February 24-28.
MENTIONED IN THIS ARTICLE
Sacramento
Frank M. Jordan
Board of Equalization
United States
Congressional
Assembly
Superior Court
Superintendent of Public Instruction
Jordan
Retailers shift guns on discount houses in price wars
United Press survey shows major department stores nationwide cutting prices to compete with discount houses. Los Angeles stores set lower prices on appliances and media. The May Co. in the West adopts price cuts for its Bix stores. Chicago and New York retailers match or beat discounts, promoting own brands to counter sale pressure. Analyst estimates price competition cost E.J. Korvette about $600,000 in the last fiscal year.
MENTIONED IN THIS ARTICLE
Fred United Pras Stu
New York
United Press Survey
Los Angeles
May Co
West Coast
Chicago
Polk Brothers
Carson, Pirie, Scott & Co
Danzig
Phonograph
William Willensky
E.J. Korvette, Inc
Eisenhower Orders 37 Percent Oil Import Cut on West Coast
President Eisenhower ordered a 37 percent reduction in crude oil imports to the West Coast effective January 1. The move follows cabinet committee recommendations flagging danger to domestic industry. A similar national quota was set July 29. The limit targets California, Oregon, Nevada, Arizona, and the Alaska and Hawaii territories, averaging about 220000 barrels daily, about 130000 fewer than planned. Most imports come from Canada, Venezuela, the Middle East, and the Far East. White House secretary Hagerty said Canada and Venezuela were informed.
MENTIONED IN THIS ARTICLE
Washington
INS
Eisenhower
Sieman
Cali Ia
Oregon
Nevada
Arizona
Alaska
Hawaii
Canada
Venezuela
Middle East
Far East
White House
James C. Hagerty
Quiet Pre-Holiday Stock Market Scene in New York
In dull pre holiday trading, Wall Street showed little change across sectors. Dow Jones stood around 1,655. rails rose about 12 cents while utilities slipped a cent. Oil and chemicals jabbed at small gains or losses amid mixed bond action and varied grain, cotton, and coffee moves.
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WEW
York
INS
Wall’ Street
White House
West Coast
California
Jersey
Gulf
Bethlehem
Republe
Jones & Laughlin
U.S. Steel
Chrysler
Olin Mathieson
Oroublé
North American
Chance Vought
American Exchange
Edsel Struggles Highlight Fort Motor Manager’s Challenge
Richard E. Krafve, Fort Motor vice president and Edsel general manager, faces a quarter billion investment and slow early sales. He pushes public reassurance, nationwide demonstrations, and price advertising to shift perception that Edsel fits the medium price market. Despite dealer losses, Edsel shows 6 percent of its market in October with hopes of a lasting, growing presence.
MENTIONED IN THIS ARTICLE
United Press
Detroit
Richard
Krafve
Fort Motor Co
Edsell Division
Edsel
Enkemper
Eralve
Ford Motor Company
Edsels
Henry Ford
Umake
Kratve
Edsel I
Russian air fares to fall to railway levels
Radio Moscow announced that Soviet airline fares will soon match railway prices. The broadcast noted growing use of new aircraft types would cut costs, with some fares down 12 percent from last year and up to 40 percent on some northern Siberian routes.
MENTIONED IN THIS ARTICLE
London
Radio Moscow
Siberian
Prices Boosted On French Cars
Paris reports Renault and Citroen raising prices across all models by about four to five percent due to higher costs of raw materials. The move affects multiple models and reflects industry wide pressure on margins amid inflation.
MENTIONED IN THIS ARTICLE
Paris
France
Renault
Citroen
Wall Street Gossip Preview for 1958 Outlook
Wall Street editor notes conflicting 1958 views from Prentice Hall experts. They foresee a rough start with possible midyear rallies and suggest strategies: trim weak stocks, favor bonds and utilities, buy battered growth and cyclicals, and target consumer-led industries. Systematic dollar averaging may aid long-term profits.
MENTIONED IN THIS ARTICLE
Elmer C. Walter
United Press Financial
New ‘York
Wall Street
Prentice Hall
Prentice-Hall
Atic
Lone Clue Left On Lost Airplane
Sacramento civil air patrol ended its search for the missing chartered plane nine days after it vanished with seven aboard from Reno to San Francisco. A ground party planned to inspect American River canyon on a miner’s tip of a low-flying plane. The craft owned by Ed A Rost of Castro Valley had Arthur J Geisler of Hayward among the passengers.
MENTIONED IN THIS ARTICLE
Sacramento
Hye South County
Civil Air Patrol
American River Canyon
Reno Ta
San Francisco
Nevara City
Ed. A. Rost
Castro Valley
Arthur J. ‘Geisler
Hay
Dow Jones Stock and Bond Averages Report
Dow Jones closes with bond averages up amid mixed stock activity. Total stock exchange sales reach 2,790,000 shares with 1.3 thousand issues traded. 1203 issues advanced 557 declined 246 unchanged. Public utilities and industrials sectors show movements as traders digest counts.
MENTIONED IN THIS ARTICLE
New York
INS
Ranac
Dow Anes
Sts Piston
Ea Oh
Rrejsaelians
Sewer Study Wins Backing
Fremont directors tentatively approved a basic Southern Alameda County waste disposal survey proposed by the South County committee. The plan uses existing reports and will cost a few hundred dollars for the district, with cost sharing among two water districts, three sanitary districts, and seven Southern Alameda cities. final approval held until exact costs are fixed.
MENTIONED IN THIS ARTICLE
Dist
Raymond Boegeold
Alameda County
Tim
San Francisco Bay
Ship Reports Due to Arrive San Francisco Wednesday December 25
A list of ships due into San Francisco and sailing ban notices. Vessels include Steel Architest Bonneville Yamaharu Maru s Sally Maersk Poona Gate Wlormacland Yarrawonga Cons Bay Evanger Pardo and others from diverse ports. The report notes arrivals and a sailing ban in effect for December days.
MENTIONED IN THIS ARTICLE
San Francisco
Steel Architest
New York
Bonneville
Penn
Seseyerniny
Yamaharu Maru
Vancouver
Pardo
Hawaiian Packer
Honolulu
Lech Garth
London
Tas Iam Pags
Armael Ps Fernbank
Sas Gese S. Long
Philadelphia
Dank
Yokoharrs
Meas
Portland
Bank Clearings Reported for San Francisco Area
Bank clearings totals show San Francisco at 244 million dollars with Los Angeles and Oakland figures also listed. Net figures include Los Angeles at 370 million and Oakland at 15.6 million, indicating regional banking activity levels.
MENTIONED IN THIS ARTICLE
San Francisco
INS
Os Angeles
Oakland
Weekly Paper On Edge Over Elusive Viper
Peters burg editor reports a two foot spreading viper found in the Peters burg press plant after a farmer delivered it in a glass jar. The staff hopes the snake either reveals its whereabouts for disposal or returns to hibernation as winter approaches.
MENTIONED IN THIS ARTICLE
Petersburg
Ind
Virginia
Harvey
Sturgeon
Southern
Indiana
Jerry Hargis
John ‘Thorpe
Sad Turkey Story of Parthenogenesis Survivor
Washington report recounts Greymon the turkey, the first observed fatherless fowl. Scientist Marlow W Olsen claimed parthenogenesis in turkeys, producing dozens of fatherless eggs from 28 000 trials. Graydon survived 254 days before being killed by two hounds near Beltsville Maryland research center.
MENTIONED IN THIS ARTICLE
Washington
Greymon
Marlow W. Olsen
Turekey
Graydon
Olsen
Dee
Agriculure
Beltsville
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