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Daily Review in Hayward, California

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Articles on This Page

This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Daily Review

Location

Hayward, California, United States of America

Date

Jul 23, 1957

Page

4

4 Wall St. Gossip 4 Wall St. Gossip

The piece contrasts 19th century prices and wages with modern costs and stock gains. It notes Delmonico's coffee cost a penny in 1850, a lunch menu, wage averages of seven cents an hour for 62 hours weekly, and a $4.40 weekly take home. It compares stock index levels since 1871 and argues stocks hedge inflation, citing wage and price growth to show stocks have risen though not as fast as food.

Elmer C. Walzer United Prom Fingnela New York Commons Delmonico's Pearl Street New York City Diamond Jim Brady P. T. Barnum National Industrial Conference Board Recirds Cowles Commission Standard & Poor Wall Street

GM Profit Deal Recovery Sought

Washington investigators urged recovery of allegedly excess profits GM earned building 599 F 84 jet fighters for the Air Force. Chairman F Edward Hebert demanded Air Force discipline for employees who approved the contract after GAO reported unreasonably high prices.

Washington House Atention General Motors Air Force F. Edward Hebert Armed Services Hebert General Accounting Office GAO

Capwell Directors Declare Dividends

Capwell Directors of Emporium Capwell Co announce a dividend of thirty cents per share on common stock payable September 10 to stockholders of record August 20. The notice appears in The Daily Review Hayward California and contains standard postal and subscription details for the newspaper.

Emporium Capwell Co the Daily Review,inc Bn Postoffice Hayward P.O. Box California Daily Review THE Castro Street SMT Castro Valley Utevard Ete Sr Ser Senha Auditra Bureau Tetnculasion Aiewneny Ludium Aldminum Co American Cyanamid American Telephone Amerada Mae New York INS Edea York Stock Exchange Dow Jones Columbia Broat Continental General Motors General Ricens Ricete Routh Ae All Sealant Minn Miz Montgomery Ward Nat'l Cash Remister New York North American Aviation Northern Pacific Olin Mathiexon Pacific Gas & Be Psea Toe Sendy Cook Zeit Dexen A&e Sherwin-W Socony Mobil Tne Dai Si Tidewater Jason_ Olt

Mixed Trading Leaves Stocks Little Changed In Morning

Wall Street showed a dull session with modest moves as many sectors drifted. The Dow dipped 41 cents at 11 am while rails and utilities fluctuated. first hour volume was 360,000 shares, down 40,000 from yesterday, with overall uneven activity and few big movers including Chrysler near year highs and Ford slipping despite a positive quarterly report.

New York Wall Street

Red Strike Spark Allegations Tied to 1949 Singer Strike

Washington testimony by a former FBI undercover agent asserts that 20 Communists provoked a 1949 strike of 3000 Singer Sewing Machine Co workers in Elizabeth New Jersey as part of Red influence over the United Electrical Radio and Machine Workers Union Locals He says Reds used violence and persuasion to spur strikes against defense plants in the New York New Jersey area and that he acted as an FBI informant from 1952 onward after leaving the Communist Party in 1956

Washington INS FBI Singer Sewing Machine Co Elizabeth N. J William Wallace Mt. Vernon United Electrical, Radio and Marshine Workers Wallace Senate ‘Inter ‘Nal Security New York New Jersey Reds Singer Clara Dolgow Prem Upite Bobse

Wall Street Stocks Drift Amid Mixed Trades

New York markets opened with uneven moves as Dow Jones and broader averages showed minor shifts. Listings across industrials and transportation firms reflected mixed investor sentiment while bond activity and investment funds noted modest gains and steady dividends.

New York Pacific Coast Stock Broadway Hale Soc Pacife Beiroieuris Pacific Vie Ager Ae Grande Western RR Canada General Gomranwealth IBV Ite Us Eb Nath Sept Fundament Pacific Mills Gas Pure Gil Group Se. Com Ee Gieat Revere Copper & Bras Vie Lee Ane Roallnationay Ny. Grosse Inv Trust We Hington Ocony Mobil Mineriats

Best results in review want ads and livestock prices

A garbled classifieds style listing shows livestock prices and sale results with salable calves and hogs noted. It mentions feeders, butchers, and terms from various locations, with a brief fragment about rolling stock investments in railroad property and fixed assets in Chicago.

Chicago

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