Industrial List Nears 1957 Peak on Fourth of July Rally
Industrial stocks rose on a July Fourth trading day, pushing the Dow Jones industrial average up 2.75 by mid-morning after a prior session gain. Rails advanced 56 cents, utilities up six cents, with Foster Wheeler leading gains and other issues like TBM Barber Oil and National Lead rising strongly amid a broad market advance.
MENTIONED IN THIS ARTICLE
New. York
Ims
Foster Wheeler
TBM
Barber
U.S. Steel
Kennecott
International
Nickél
Alumi
Anerra
Steel Ft
New York
Pacific Coast
Youngstown
Pactfic Coast
Atock -Excha
Capwell
Ladium Lee
Aluminum Co
Litton Industries
American Telephone Pacific Petroleums
Nemerada Et
Wi Pacific Telephone
AT & Santa Jeckman Instruments
York Stock Exchange
Industr
Rail
Calif
Jeeferson
Runni ‘Agk
Public Utilities
Chicago Pneumatic
Canada General
Chrysler al Commonwealth
Nghuntelats Cities Service
Columbus Broa
Standard and Poor
Corning’ Glass
Standard “Poor
Zellerbat
Crucible Steel
FON
Avatege Qallary
Soa Dresser Industrial
Trust
Mas Inds
Ustle Bioxs
BuPonne Wellington
Eastern Air Line
Ford
Wis Mam
Francisco
Eneral
General Tire
Eneral Motors
Hoger Salabie
Getty
Hudson Bay
U.S
Urtehers Kaiser Eee
Kerr-McGee
BThexas_ Instruments
Record High Of April 6 Market Set To Rise Again
Elmer C. Walzer reports on Wall Street bulls chasing a new Dow industrials record after April 6 1956 peak of 521.05. Despite a near miss last August and a June 17 1959 high of 513.19, analysts anticipate a strong summer rally aided by abundant investment funds and expectations of a robust fourth quarter business rebound.
MENTIONED IN THIS ARTICLE
Elmer C. Walzer
United
Proas Financial Eatlor
New York
Wall Street
Dow
Interest Boost Will Hike State Fund by One Million
State Treasurer A Ronald Button announced a raise in interest rates on state bank deposits for the 1957-58 fiscal year, projecting about one million dollars in additional state income. Deposits to 149 million dollars in 98 banks are planned, with 126 banks invited and 30 declining.
MENTIONED IN THIS ARTICLE
Sacramento
INS
A. Ronald’ Button
Button
California
Industrial Growth Spirals Upward
New York based survey of 110 U.S. corporate presidents reports firms with over 32.9 billion in annual sales foresee gross sales rising by 26 to 300 percent by 1967. Few expect a major recession this year, and only about two dozen anticipate any downturn in the decade ahead.
MENTIONED IN THIS ARTICLE
New York
INS
America
U.S
Dim
Ship Report Schedule for July Fourth Arrivals
Report lists ships due to reach San Francisco on July 4 including Fra Berlanga from Golfito Hawaiian Packer from Hoholul Risanger from London Pres Wah Buren from Yokohama Jean Lafitte from Seattle Army Tent Ganada from Gothenburg Japan Transport from Yokohama.
MENTIONED IN THIS ARTICLE
San Francisco
Fra Berlanga
Golfito
Hawaiian Packer
Hoholul Risanger
London
Wah Buren
Yokohama
Jean Lafitte
Seattle
Army
Ganada
Gothenburg
Japan Transport
Mid Year Bank Reports Highlight Growth Across Institutions
San Francisco banks report rising deposits and total resources at mid year. Crocker-Anglo and Bank of America post gains in deposits and earnings. Wells Fargo shows higher total resources, deposits, and loan totals. Earnings per share and dividends noted, with slight shifts from 1956 to 1957.
MENTIONED IN THIS ARTICLE
San Francisco
Crocker-Anglo National
Paul
Hoover
Bank of America
Clark Beise
Vbank
Bank of California
Nets
E. E. Adams
Adams
Fred C .Ainsworth
FS Sensivta
Mason
Hawaiian Planter
Honolevisie
Mateonia
Hopelulu
jAndrew Jackson
New Orleans
iGolden State
Keystone Marina
Yokohama
Portland
Vancouver
Francois L. D
Seattle-Star
Eureka
Wirta
Hamburg
Silvia
Aaing Dragon
Euiwetal Pacific Fortune
Glasgow
Ocean Eva
Bolinas
Bawt
Bayeran Maru
L. Luekenbach
Seattle
Stacion
Stockton
Barker Bros. to Acquire W. and J. Sloane Co
Barker Bros. Corp announces it has acquired the principal assets of W. and J. Sloane, furniture retailers in Beverly Hills and the Bay Area and elsewhere. Neil Petree says final arrangements are complete and effective August 31 with Sloane stores retaining identity. Sloane operates in New York City Manhattan White Plains Stamford Millburn San Francisco Los Altos and Houston reports sales of 42.7 million for 1958 and 31.7 million for 1957.
MENTIONED IN THIS ARTICLE
Los Angeles
INS
Barker Bros. Corp
W. & J. Sloane
Beverly Hills
Bay Area
Barker
Neil Petree
Sloane
New York City
Manhassett
White Plains
N Y
Stamford
Fragmentary Finance and Bank Ad Fragments
A garbled OCR listing shows several financial items and dates with amounts in cents or dollars, mentioning Valley National Bank Heneficial Finance Che Hibnerma Bank and American World Airways. Some dates in July and August appear with inconsistent formatting. The text resembles stray notices or ad fragments from a newspaper page.
MENTIONED IN THIS ARTICLE
Some Steel
Heneficial Finance
Centres Valley National Bank
Che Hibnerma Bank
Aan American World Airways
Murder Bros. Pictures
First Western Bank Shows Asset Rise and Deposit Peak
The bank reports total assets up by more than 38 million from June 1956 to June 30 and deposits reach a new high near 445 million. Chairman T P Coats notes assets at 925.7 million on June 20, up from 886.4 million in 1956, with deposits expanding from 805.3 million to 445.1 million.
MENTIONED IN THIS ARTICLE
First Western Bank, and Trust Company
T. P. Coats
Iman
SP Night Trains Consolidated Between San Francisco and Los Angeles
SAN FRANCISCO The Southern Pacific Railroad has authorization to consolidate the Starlight and the Lark nightly trains between San Francisco and Los Angeles. The State Public Utilities Commission approved the temporary consolidation.
MENTIONED IN THIS ARTICLE
San Francisco
Southern Pacific Railroad
Los Angeles
State Public Utilities Commission
Also Mentioned on This Page
Property Mortgage and Loan Co
St. Sem
Leandro
Dow Jones
CER Yeeterday
Stock Exchange
American Exchange
Ship Report
SAN Francisco Pineal A
Centrally Valley National, Bank
Oakland
Charles P. Partridge
Central Valley National Bank
Robert Luckenbach
Bos
St Bay
Pias
Mattonia
Honolulu
Seattle Star
Liverpool
Jean Lattice
Spine Transport
Wells Fargo Bank
Wells Fargo
Eag Market
Cas
Entype
Al-He
Barker Bros. Bay W.& J Sloane Co
American Trust Company
Alameda
Santa Clara Counties
Park Mortgage. & Investment CO
Hayward
ECOL
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