Stock market slips on oil shares drift in July 30 1957
The Eatly Review reports a modest market decline led by weaker oil stocks. The Dow off 1.54 at 11 am amid spotty trends, with Gulf Oil and Royal Dutch declines and mixed first half corporate results. Some rails and utilities also fell while others steadied.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Gulf Oil
Continental
Royal Dutch
Shell Transport
Jersey Standard
Phillips
Lukens
Youngstown
Bethlehem
U.S. Steel
Big Steel
RCA
Westinghouse
Eastman Kodak
International
Loews
Western Maryland
Northern Pacific
Ship Report Rushes In From Global Ports and Battles Various Lines
The report lists multiple ships and routes including from Honolulu, Grays Harbor, New York, Seattle, Yokohama, Vancouver, Portland, Boston, Los Angeles, and more. Vessels such as the Mathew Luckenbach, Kyotoku Maru, Santa Cruz, and Seizan Maru appear with destinations including Manila, Cape Town, Havana, and Antwerp. Sailings indicate July and August departures with numerous cargo and passenger movements and origins across the Pacific and Atlantic theaters.
MENTIONED IN THIS ARTICLE
Marmadey
Buenos Aires
Matsonis
Honolulu
Chastine Maersk
Steel Admiral
Manila
Seizan Maru
P. m
Cape Town
Kyotuku Maru
Anwar
Loch Avon
Boston East Bay
Garden State
Havana
Hawaiian Wholesaler
Wyoming
Fairpo Wom
Yokonama
Akathian Maru
P. Ae
Yokohama
How
Term-Oak
Wall Street moves offices to suburban shopping centers
Wall Street shifts brokerage firms to shopping centers in suburbs to ease investor access. Teleregister notes rising demand in New York City suburbs Detroit area and West Coast with parking and nearby facilities boosting appeal for households and local businesses. The trend follows population moves from urban to suburban areas impacting proximity to corporations and manufacturers.
MENTIONED IN THIS ARTICLE
Elmer C. Walzer
United Press Financial
NEW York
Wall Street
Main Street
Teleregister Corp
Tts
New York City
Detroit
Teleregister
Uj Teleregister
Jared
Stock-Quotation Board
Film Rental Earnings Up for Warner Bros in Nine Months
Warner Bros Pictures reported higher film rental volume and earnings for the nine months ended June 1. Net profit reached 3,174,000 or 1.76 a share, up from 2,165,000 or 87 cents a year ago on about 690,000 more shares. Income from rentals and sales totaled 57,981,000, vs 54,225,000 the prior year.
MENTIONED IN THIS ARTICLE
New York
Warner Bros. Pictures, Inc
Plans to Reduce Oil Imports Draw Mixed Praise
Washington legislators from oil and coal states voiced cautious praise for President Eisenhower’s plan to curb oil imports. Aimed at voluntary cuts of about 20 percent, with potential ceilings if firms refuse, the move drew support for national security gains but concerns over higher consumer prices. Interior Secretary Seaton said outcomes may take months, as industry groups prepare to meet in Dallas on August 5 to study the proposal.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Cabiner
U.S
Interior
Red A. Seaton
Russell B. Brown
Independent Petroleum Assn. of America
Association
Dallas
Tex
F Brown
Senate
Lyndon B. Johnson
Tax Exemption Petition Drive Seeks Parochial School Tax repeal
San Francisco petitions filed with registrar Thomas A Toomey urge repeal of the 1952 state tax exemption for parochial schools. More than 400000 signatures gathered statewide with 322429 valid needed for 1958 ballot. Alameda Los Angeles and San Diego show large counts while advocates push broader tax for private non college schools.
MENTIONED IN THIS ARTICLE
San Francisco
Alameda County
Los Angeles
San Diego
Pacific Telephone declares dividends on preferred and common stock
San Francisco based Pacific Telephone and Telegraph Co announces a dividend of 50 dollars per share on preferred stock and 1.75 dollars per share on common stock. Preferred dividends go to holders of record at September 30 and common dividends to holders of record as of August 28.
MENTIONED IN THIS ARTICLE
Pt&t
San Francisco
Pacific Telephone and Telegraph Co
Treasury Report Surfaces With Market and Bank Data
Treasury figures show Dow Jones industrials, utilities and banks under review. Data includes withdrawals and deposits through July 23 for the fiscal year, with cash balances and various balance figures across multiple accounts and sections.
MENTIONED IN THIS ARTICLE
Sctra & Co
St. Hayward
Jefferson
Canada
Sec
Stk Inc Investors Institutional Growth Institutional
Ing Bank Clearings
San Francisco
INS
Washington
Treasury
Livestock Market Report From San Francisco
Livestock salable includes slaughter steers cows and feeder steers with moderate activity. Cows and feeder steers mostly steady. canners and cutters few. Calves and hogs listed with mixed grades. spring lambs show limited demand and steady No 1 pelts at 20.50. Market notes indicate early activity and mixed price signals across cattle hogs and lambs.
MENTIONED IN THIS ARTICLE
Bam Francisco
Lievstock
Dla
Dividend notices from various companies announced
Selected dividends include Tec opi and Armstrong with cents per share, Blaw-Knox 30 cents, Fonhsbn 4 Johnson 3 cents, National Tea 50 cents, Ohio Oil and Wyandot Worsted 10 cents. Dates range Sept to Aug, with stock dividend 1 percent. Pittsburgh Steel listed 25 cents plus.
MENTIONED IN THIS ARTICLE
NEW Tec
Opi
Armstrong Uae Ee
Atic
Blaw-Knox
Fonhsbn
Johnson
National Tea
Ohio Oi
Fagile
É Tel
Sith
Sef
Pittsburgh Steel
American Airlines Seeks Fare Boost Details
American Airlines filed a tariff with the Civil Aeronautics Board seeking a domestic passenger fare increase. The plan targets a Sept. 28 rollout, aligning with similar actions by seven other carriers, citing "profitless prosperity" and shrinking profit margins in a high-traffic industry.
MENTIONED IN THIS ARTICLE
American Airlines, Inc
Civil Aeronautics Board
American
Idh
California Beer Tax Take Drops Across May
California state figures show 17,733,000 gallons of beer sold in May, enough for over a gallon per resident. Hard liquor sales reached 1,918,000 gallons, with taxes totaling 3,287,627 dollars, including 2,877.71 on hard liquor. All figures dipped from the previous May.
MENTIONED IN THIS ARTICLE
Sacramento
Contracts Up In Building New York May
Contracts for future U S construction totaled 3 243 386 000 in May a ter percent rise over the same month year earlier Non residential buildings reached 1 186 448 000 up 16 per cent from June 1956 Residential work fell four per cent to 1 155 049 000 Six month total contracts reached 16 958 005 000 up five per cent from 1956 Dodge vice president Thomas Holden forecast 1957 dollar volume will exceed last year’s record total.
MENTIONED IN THIS ARTICLE
New York
U.S
F. W. Dodge Corp
Construction News
Dodge
Thomas Holden
Also Mentioned on This Page
the Eatly Review
Francisco Dey
Tay
D. Teantang
Spreewald
Bor Fairport
Grays Baerss Y Terk
Dak
Sarangan
Coos
Stent Admiral
Mathew Gekenbach
Seattle
Luckendaen
Boston
Osaka
Goysay
Sydney
Constitution State
Santa Cruz
Esparta
Galta
Venezuela
Gothenburg
New Ginesns
Parute Transport
Nicma
Coos Bay
S San Trancibco
Beran Deborah
Ambiero Eno
Ala
P. Sh
Bac
Affonso
Pacinott
Ocean Dinny.— P
Wall St
Alameda
Santa Clara
Park Mortgage
Pet
Califernre
Hisenhower
Robert
B.anderach
White House
Navy
George Humphrey
Lustig
Courtney
de Courtney
KSFO
Financial News
Dow Jones
Sutro & Co
York
Pacific Coast
Jeadin Exehan
YOK Wreck Exchange
Tadium, Aluminum Co. of America
Amerada
Anaconda
Santa Fe-Rr
Calif
Stock Exchange
Chicago
Chrysler
WEW
Columbia
Continentalinew
Yore Stock Exchange
Zellerbach
Sng
Jubble Steel
Dresser Industries
Ie DuPont
Eastman Kodak Oo
Eastern Air Lines
Eag
Bas
Siaa
Nussia
Ford Motor Storage
General Electric
General Motors
Lazee
General Tire
Getty
Kaiser
Kennecott
Bnee Ec
KerrbieGee
Kimberly-Clark
Lukens Steel Sur
Mallory
Marchant Me
Martin
Minn
Mining & Mfg
Mabie Pacifica & Ei
Ady
Cory Nee
Republic Reynolds Metals
Safeway St
Ebereln Wa
Standard & Poor
Socony M Tago
Southern Cr
Edison
Sperry
Tada Rails Uiils Bioxs
Ol Calif
Asa
Sunray
Treasury Report
San Leandro
Dart Stores
Castro ST
Matwarg
Oaksend
American Airlines
California
Harmony
Castro
Hayward
Martins
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