New Fiscal Year Questions Inflation and Budget
New York reports the new fiscal year opens with questions about a balanced budget versus ongoing deficits. Analysts debate inflation control, stock market incentives, and the ease of refinancing debt, amid warnings inflation may linger and impact future demand, with economists offering cautious optimism.
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New York
UPI
Uuwaris
Treasury
Stocks Break Through Into High Ground
New York UPI report notes stocks breaking to new highs in early trading led by gains in chemicals and petroleum. DuPont and Allied Chemical rose, Motors gained fractions, Anaconda mixed, while American Home Products Motorola and Texas Instruments advanced in drugs electronics and tech.
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New York
UPI
Sharp Guins
DuPont
Allied Chemical
Alcoa
Steele
Motors
Motorola
Electronica
Texas Instruments
Polaroid
Spencnr Chemical
Interlake Ron
Black & Decker
Calrephar
Wall Street Chatter on Market Risk and Dividends
The piece discusses Wall Street chatter on market risk, dividend levels, and investment prospects. It notes that earnings outlook and risk ratios influence bond and equity values, with references to analysts and ratings noting possible shifts in investment stance amid federal reserve policy signals.
Give Aways Turn Profits In Simple Distribution Scheme
A UPI report describes a venture by Guesto Pac Corp president Havrix who outlines a straightforward give away and resale plan. The firm supplies branded packages of goods from mouthwash to ketchup, distributes them at nominal prices through hotels, motels, airlines and banks, then gifts the packs to customers as goodwill.
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UPI Dames JT
Walque Hasingss
Pac
Jaytvon
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Fool
Inelite
Poultry and groceries fuel gift pack program sales
A gift pack strategy drives consumer purchases with ready to cook poultry and pantry items. Harris highlights samples from manufacturers expanding home usage while traders note testimonials from major cities. The program aims to put products into homes under favorable conditions and broaden brand reach.
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Olsson Promoted to EVP at Leslie Salt Co
Trayey by Olsson has been named executive vice president and a member of the board of directors of Leslie Salt Co. Olsson, associated with Leslie Salt for five years, was promoted to vice president in charge of production.
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Mronomista
Nelrod
Marlin Galnsbrigh
National Tides Iniel Conference Board
Nol Ax
Journal of Comerce
Yerra
Trayey By
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Leslie Salt Co
Leslie Salt Fove
Industry Permits Rise in Bay Area Except Alameda May
Industrial building permits issued in the Bay Area last month neared four million, with Alameda County showing a May drop from the prior year. Total Bay Area permits reached 4,628,000 versus 1,798,300 last May, while Alameda County posted a lower May value despite higher year earlier figures.
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Bay Area
Alameda County
Inenie Bay Area
Rotary Club Meeting Set With Leandro As Speaker
Leandro will be nest speaker with civic readers and city officials at a Rotary Club meeting this morning. Wesley McCire was authorized to compile information about the Breed-Trajan properties on the San Leandro shore and the Alameda County state college site prospect near the shoreline property.
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Dan Luebemale
Davey
Proseane
Western Trea
Eletric Co
Doolittle
San San Leandra
Ina
Leandre
Incheon
San Lorenzo
Wesley McCire
Jary Club
Trajan
San Teandro
Sacramento
Axhacre
Alameda County
State College
Temperatures Far 'n' Wide
A brief weather item for Southern Alameda County reports temperatures across the region with scattered readings and a note on potential afternoon warm spells. Local readers are advised to prepare for warm conditions and brief cooler spells at night.
Statewide Weather Update for California Regions
Northern California remains fair with fog along the coast and drizzle expected Thursday morning south of San Francisco. Thunderstorms likely over the southern Sierra Nevada. Interior sections see light showers, and southern California reports minor showers Tuesday night into morning with coastal drizzle.
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San Francisco
California
Sierra Nevada
Budget Session Set in Hayward Budget Session
City councilmen schedule an 8:30 pm budget work session open to the public in Hayward with a 7:30 pm closed personnel meeting noted. The items involve commission appointments and pending agenda topics preceding the later session.
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Hayward
Maynard
Hrywarl Cilytmantinals Welch
Hunter Safety Class Opens at Hayward Police Range
A hunter safety course for all applicants age seven and older starts at 8 40 a m Monday. Patrolman Qon Wevine will supervise at the police pistol range at the end of Calhoun Street, Hayward. The class is required for hunting license applicants.
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Hayward
Qon Wevine
Calhoun Sb
Devine Sale
Metal Products Jump Despite Strike Threat
New York reports a surge in metal products production seen as easing for steel shutdown risk. Auto makers are best prepared with 1950 model orders. farm equipment demand rises while farm finances dip. Electrical appliances run high. rail equipment demand slower with steel shortages. Commercial stamping sees broad upswing, while electronics and farm gear lead activity among buyers.
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New York
T Hat Rail Finea
Howver
Valley Bank Sets Record Earnings and Resources
Central Valley National Bank reports an all time high for net operating earnings and total resources for the six months ending June 30. Chairman Charles P. Partridge notes net earnings of 286,281.14 and total resources of 86,741,254.85, a 35 percent rise from June 30, 1958, with 242,000 outstanding shares and capital at 5,255,959.78 as the bank switches headquarters to Oakland.
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Charles P. ‘Partridge
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Central Valley National Bank
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