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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Dec 26, 1961
Page
3
New York markets showed uneven moves with Litton dropping as it announced a $50 million convertible subordinated debentures rights offering. Jones & Laughlin rose while most peers slipped. Ford held firm, and American Motors Chrysler fell as GM stayed flat. Fairchild Camera advanced, Motorola moved, Lockheed slid, and Anaconda gained.
The article notes rising corporate spending on plant and equipment, with 1962 plans reaching new highs in manufacturing and construction. It cites forecasts from Department of Commerce and various industries, including machine tools, steel, gas, and utilities, amid cautious optimism and potential tax incentives.
Sacramento AP Gov. Brown signals strong possibility of elevating the agriculture department to full cabinet status within the Natural Resources Agency headed by William E. Warren. He plans a Dec. 28 meeting with the State Board of Agriculture and aims to improve efficiency across state operations. He will be in Washington for four to five days, addressing the National Press Club and meeting federal officials and California lawmakers.
Wall Street chatter notes technical market positions look firm with seasonal pricing pressures. Analysts foresee year start will at least match a 30 point move, as import and export activity hints at stronger demand and higher prices across wine, tea, and related commodities.
Washington reports social security tax rates to rise under amendments signed into law. The hike will affect payrolls, employer costs, and market expectations. Analysts predict higher totals for both gold and silver stocks, with broad payroll and wage effects across mid to large employers.
Sheriff's deputies report a $2000 safe burglary at the San Lorenzo Kellogg Variety Store discovered the day after Christmas by the manager Mrs Nancy, with a rear door open and cash missing from the safe. The motive and suspect details remain unclear.
A garbled report mentions an Explorer Ball at the Claremont Hotel and bank clearings. The text references officials from Oakland and San Francisco, pension changes for retirees, and a shooting incident involving a policeman and a car fleeing the scene. The piece mixes events and names with unclear details.
The Agriculture Department reported world cotton stocks for the new season are expected to stay near 20.0 million bales, close to last August. The department calls this stability indicative of near equality of production and consumption. US stocks are projected to rise from 15.0 million bales on Aug. 1, 1961 to 16.0 million bales on Aug. 1, 1962.
In a San Francisco AP report the drive targets bribery of tax agents. A juvenile escapee confessed to two burglaries in San Leandro and Fremont, with investigations detailing bribe solicitation, false pretenses, and related actions. Authorities say the case involves IRS procedures and state law prosecutions.
Washington report notes farm groups show support for a proposed national marketing order approach to stabilizing prices in price difficulties. The plan would cover poultry products including turkeys and turkey hatching eggs with producer group administration, but faces opposition from parts of the sector, such as the American Farm Bureau and chicken groups. National orders would require congressional approval and may widen government powers over production and sales in dairy and other commodities.
Milton Hall 52 of Local 805 Long Island indicted in New York on a six count case charging him with taking 9200 000 from Continental Vending and related firms. Harold Roth and Herbert Sternberg also named with three corporations in a payoff scheme. Max penalty per count is one year in jail and 10000 fine. Local 805 has about 2000 trunk drivers.
Services are listed for James Spence 39 a Valley Memorial Hospital survivor of a heart attack coordinator in Alameda County Civil Defense since 1962 deputy sheriff ten years fire rescue underwater rescue expert pleasan ton resident 359 Division St native of Pennsylvania World War II husband father burial Golden Gate National Cemetery San Bruno Funeral details at Griffin Hitch Chapel Rev Dortis Pleasanton Baptist Church. Joe Victorino 74 former Pleasanton dairy worker bachelor died Highland Hospital Portugal native lived at 245 Hopyard Road funeral arrangements by Graham Mortuary burial at St Augustine's Cemetery Pleasanton.
SAN LEANDRO Mrs Gertrude Gersten 72 widow of Harry Geralon died yesterday at 1415 Bancroft Ave native of Poland she lived here five years mother of Dr Santuri Gersten sister of Jack Abrahamson and Ida Sherer of Brooklyn four grandchildren survive member of Temple Beth Sholom funeral 2 p m tomorrow Guerrero Seramur Chapel 407 Estudillo Ave burial at Home of Eternity Oakland FREMONT Funeral services for James Edward Juvenal 69 Thursday at Fremont Chapel of the Roses 194 Peralta Blvd burial Golden Gate National Cemetery San Bruno he was a retired auditor for Southern Pacific Railroad lived in area 10 years survived by wife Clara sister Martha Mays Galdendale Wash Masonic services Wednesday 1 pm mortuary
Anita Florence Lile 64 of 123 Stakes Ave San Leandro died Saturday Survived by four children Vernon Catton Oakland Donald Cotton San Leandro Robert Ale and Marlene Joyner Hayward sister Ruth MacKay Alameda brother Ray Estudillo Medford Services 8:30 am tomorrow Santos Robinson Chapel 10 Estudillo Ave Requiem Mass St Louis Church Burial Mary Sepulchre Cemetery Hayward services tonight at the chapel announced
Funeral services for Manuel Martin will be held at Barensen Bros. Chapel in Hayward with rosary at 8 p.m. and requiem mass at St. Mary’s Church in Maynard. A native of Niles, he lived most of his life in the Hayward area. retired farmer and member of UPEC Lodge. He is survived by his wife and numerous children, grandchildren, and a sister. Burial at St. Joseph's Cemetery in Maynard.
Private funeral services for Cecil Pottorff in Fremont were held. The obituary lists his widow Aden Pottorff and many children and grandchildren across California and Texas. The piece mentions services at the Colonial Chapel of Frinkle and Warren and interment in Stockton. A later notice covers many relatives of Jane Me Xathlewn Norte and others, with services planned at Hayward and arrangements at Crown Memorial, reflecting a large extended family from Indiana to California.
Wilma Warden Peneral services for Mrs Wilma Warden of Stockton will be held from Fyishie and Warren Mortuary in Stockton ab pam tomorrow. She is survived by her husband Gilbert Warden, Hay sard, a daughter Mrs June Weishar Carmichael, a sister Mrs Mildred Medvilliffe Missouri. Closing services at Rural Cemetery Stockton.
Cargo and vessel listings indicate ships due to arrive in multiple ports including Charleston, Portland, Vancouver, Amsterdam, Yokohama, Los Angeles, and Shanghai region hubs. Entries show carrier names, vessel IDs, and irregular date fragments suggesting scheduled arrivals around December dates in the era’s shipping ledger.
A garbled OCR item mentions departures and arrivals including Yokohama and Santa Malta with scattered names such as Galileo Ferraris and Palmetto State. The text is incomplete, offering few verifiable details beyond travel references and stray proper nouns.
A carload of teenagers rammed into Otis Clevenger’s bedroom in a single story house on West Virginia 10 near Logan at 2:15 am. Clevenger, 54, was killed in bed. Wife Florence and a daughter were uninjured. eight teens in the car, seven boys and a girl, escaped. The vehicle, a Chevrolet driven by 19 year old James W Grace, skidded from an icy road into a ditch, then crossed the highway and hit the house.
The market shows mixed gains with industrials advancing while rail stocks lead higher amid broad activity on the exchange. Utilities slip as investors weigh volumes with 7,160,000 shares traded in the session.
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