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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jul 13, 1964
Page
3
Investors note inconsistent earnings figures across banks and manuals. Net operating earnings per share differ due to varying calculation methods used by banks and by statistical services. Indicated earnings reflect book value per share increases plus dividends, a metric crucial for bank stock observers, unlike typical firms.
UC Berkeley scientists report a new steel process combining heat and strain to create a tougher metal. The work aims at tailor made microstructure to boost properties for modern technology, building on advances in crystal theory and metallurgical methods.
Researchers Zack ay and Parker report a process heating steel to 100 to 700 degrees F, then deforming and tempering to create precipitates that increase yield strength by over 50,000 psi and improve ductility. The method targets internal chemical changes in the iron alloy, addressing dislocations that limit strength.
The Interstate Group approved a merger consolidating Nickel Plate, Pennsylvnia, and Wabash into a 7,450 mile system linking Norfolk and Western through Hampton Roads to Great Lakes and Midwest. The ICC endorsed conditional merger terms while stock prices climbed toward new highs with gains in GM, Ford, and Chrysler and the Dow Jones industrial average advancing.
Mayor Jack Maltester of San Leandro will address a Chabot College political science class at 18:30 Tuesday in Room 44 on the college temporary campus at 177 Aladdin Ave Sariheandro. Ray Stafansan of the Chabot College faculty teaches the class.
San Lorenzo Village Homes Association directors meet tonight to review assessments and budget matters. Newark City Council opens its first budget session of the year with City Manager Nail set to present figures.
Reynolds and Co states in our opinion the general market is correcting itself very well and a resumption of the bull market should be forthcoming in the near future.
Maritime notices list multiple ships arriving or reporting to ports. Vessels include CHINA BEAR, INDI A BEAR, OREGON STANDARD, YAMASUKA, and PIER 75 entries with ports at Yokohama, Oakland, and Honolulu. Dates reference July, ship names include AMERICAN and MAERSK lines, with tentative schedules and dock locations such as Pier 7 and Pier 75.
Wool futures on the New York Exchange opened higher with July and December contracts showing gains. Prices moved to firm levels as bids and offers appeared for July and December deliveries, while other contract months posted modest upward movement amid market activity and speculative interest.
Obituaries note the death of George A Baker yesterday in Eden Hospital Castro Valley. He was a retired Fisher Body Chevrolet employee and a Hayward resident. Services will be held tomorrow at Sorensen Bros. Chapel Hayward with inurnment in the Chapel of the Chimes. He leaves a wife Iva and children George W Olen W Donna Lea and the late David W Baker with grandchildren Olen James Barry George I and Gregory Darr. He was active in First Baptist Church Lorenzo Masonic Lodge San Lorenzo Chapter 577 Order of Eastern Star and United Automobile Workers Fremont Local 1364. His home was 2474 Tioga Road Hayward. He was born in Iberia Missouri and had many relatives in Hayward Dixon Broken Arrow Sen Fernando Yampa and other places. The Rev Charles T Conrad and Lorenzo Maganic Lodge will officiate.
Joseph Sousa 71 died Saturday. Requiem Mass to be celebrated at 9 a.m. tomorrow at Corpus Christi Church Fremont. He lived at 37136 Ta Court Fremont. Survived by widow Margaret son Thomas Edward of San Leandro two brothers Charles Sousa of Oakland and others three sisters Flora Silva Atwater Maria Sousa Oakland Rosemarie Troya Hayward and four grandchildren. Rosary recitation tonight at Fremont Chapel of the Roses Mortuary. Burial Holy Sepulchre Cemetery Hayward.
Clifford Le Roy Fall, 64, native of Town and longtime Castro Valley resident, died yesterday at home 21462 Outlook Court Hayward. He was husband of My rence Radiation Laboratory employee Emma Fall and father of Mrs. Colleen Bonham of Los Angeles. Five contractors tied to a test area construction project include Long's Construction Oakley Payne Construction Co Berkeley Ralph Larsen and Son South San Francisco and Eeva Phoenix Electric Corp San Carlos among others. Reverend John Luther of Ur in Episcopal Church Hayward will officiate at Pratt-Keri Mortuary.
The Newspaper Guild begins its annual convention with plans to bolster defense resources. Proposals include raising the defense fund from 500000 to 2 million by Oct 1 1969 in three stages, plus changes to strike lockout benefits and a revised assessment rule. About 200 delegates expected. banquet speech by Pierre Salinger paired with Jose Jimenez Dana.
Two people died and seven were hurt in a three car crash on High way 65 about 15 miles northeast of Delano Sunday night. Floyd Gillland, 60, and Mary Gillland, 53, Springville residents, were killed. An 11 year old Dennis Hutton of Baldwin Park was driving south when his car collided with the Gillland vehicle and then hit a car driven by Maurice Galloway, 40, of Whittier. The most seriously injured was 11 year old Michael Gilliland, grandson of the Gilllands.
Obituaries report the deaths of Fale Lemay of Gesiro Valley on July 12 and Baker Gearse A of Hayward on July 12. They note spouses, children, siblings, and grandchildren, along with service details at Garden Chapel Mortuary and Sorensen Bros. Chapel in Hayward. Public and fraternal affiliations are listed, with memorials and burial plans in local churches and lodges.
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