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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Dec 26, 1962
Page
19
The article explains who benefits from stock lending for short selling, noting how brokers loan shares to borrowers, how dividends are handled, and how profits and losses flow. It describes borrower risk, payment of commissions, and the mechanics of short covering and price movements without naming specific individuals.
Wall Street chatter notes renewed strength but signals no clear market breakout. Analysts like Kenneth Ward of Haydn Stone & Co expect a potential dip before buying support eyes 95 830 in the Dow Jones industrial average, with auto equipment earnings improving for many firms and defense production boosting output.
A fragmented market brief notes jittery egg pricing and varied stock moves amid broader trading. Major automakers rise modestly while telecom and tech issues show small gains. industrials tilt higher though overall volume remains light and unsettled.
The document outlines overtime limits and wage rates for California workers under a Corporation of America contract. It specifies daily and weekly hours, overtime multipliers, holiday provisions, wage calculations when actual hours vary, and apprenticeship pay scales. It also notes health and welfare, vacation, and other employer payments per collective agreements.
Public notice filed January 15, 1952 in Alameda County records shows dividends declared and a trust deed secured by property in Hayward California. William Wariston and Phyllis Priscwite as trustees for Francisco Corp significant liens include San Francisco Bank and United Bank, with sale to satisfy obligations.
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