Soviet oil push reshaping world markets by 1961
Experts warn the Soviet Union aims to become a major oil exporter with a 25 to 30 million ton capacity by 1961, challenging Middle East and Western supplies. Khrushchev targets 20 to 24 million tons by 1965 and about 60 million tons by 1972, backed by a seven year plan to expand refining, tankers and storage.
MENTIONED IN THIS ARTICLE
ORDON
UPL
Soviet Russia
West
Middle East
Soviet Union
Mideast
Western Hemisphere
Kremlin
Try
Nikita
Khrushchev
Ibrushchev
Baku
Black Sea
Urals
Siberia
East Germany
Cachoslovakia
Europe
Poland
Russjsia
Russia
U.S
Moscow
Bret
Romania
Egypt
Latin America
Finsland
Sweden
Denmark
Ialy
France
Wall Street Chatter on Slowing Interest and Electric Equipment Prospects
Wall Street chatter notes a gradual slackening of interest as stocks move higher, with the electrical equipment industry seen advancing toward record earnings across most sectors. Investors and traders are expected to stay committed, shaping the market trend. Ditch-Shell group projected at 2.41 for 1939 under new accounting, vs 4.11 and 1.08 in 1938. W. E. Hulton lists stock ranges for Ford, General Motors, and American Motors, with potential share moves noted.
MENTIONED IN THIS ARTICLE
J New-York
UPI
al Ditch-Shell
W. E.hulton
Antimobile
Ford
General Motor
American Motors
Market Gains Lift Stocks To New Highs Across Sectors
New York markets rallied with broad gains. IBM rose to 479 while Zenith reached 130 creating fresh highs. DuPont, Pfizer, Warner-Lambert posted solid upticks as steel, chemicals, and autos showed mixed moves. Larger names like International Paper and Firestone advanced, while American Ice slipped.
MENTIONED IN THIS ARTICLE
New York
Zenith
Bell, & Howell
Corning
Mators
DuPont
Vick
Pfizer
Warner Lambert
Livestock Sale Slated For Fair at Alameda County
Pleasanton hosts the Alameda County Fair from June 2 to July 12 with a junior division livestock sale at 7 30 am in the Livestock Pavilion. Youths from Southeast Alameda County clubs and Future Farmers of America will auction stock raised for their 1959 demonstrations. Howard Brown of Woodland is the auctioneer. Gordon Wintay and Bill Spragge lead the sale arrangements.
MENTIONED IN THIS ARTICLE
Pleasanton
Alameda County
Clibs
Farmers of Amer
Howard Brown
Woodland
Gordon Wintay
Pieasanton
Bill Spragge
Hivermore
Purity reports sales rise and expansion plans ahead
Purity Stores chief J T Niven announced a 42.9 percent sales increase for the 12 weeks ending March 28, 1938, with earnings of 165,919 and 24.0 cents per share. Plans include modernization of old stores, opening new trading areas in Livermore and Fresno, and a $4 million financing via long-term debt refinancing for renovations and expansion.
MENTIONED IN THIS ARTICLE
Purity Res. Ld
J. TR. Niven
California
Ives
Niven
Purity
Livermore
Fresno
Bie
Lions
Aairland
St.Rexis
Suita, & Co mnern-Schering — Bers
New York
San
Zelleroach Crucible Steel
Diners Club
Iitile Dealer Group
Jfome
Palomares Playhouse
Palomares Canyon
Rosalinda Thomas
Toitoy
Aod
Thomas Card
American Trust
Glth Pakehis
Kaiser Industries
Lefcourt
Mansfield
Ford
B.C
Democritus
Executive Talent Scarcity Hits Top Firms
UPI reports executive scarcity as top firms struggle to fill senior roles. William A Herton of Execu tive Manpower Corp notes salary offers from 35 000 to 75 000 yearly and highlights the high cost of recruiting. Firms increasingly rely on management recruiters and consultants to cut timetable and expense, with outside hires costing up to 25 000 and weeks of search.
MENTIONED IN THIS ARTICLE
Elmer GC. Walzer
UPL
New York
UPI
Executive Itrouble
Ifields
William A Herton
Executive Manpower Corp
Siow
Saya Herten
Hertan
Coppany m
Alexander Hamilton Institute
Ape Praisal
San Leandro Beauty Contests Planned At Chamber Center
SAN LEANDRO The Chamber of Commerce announced no new beauty contests for San Leandro girls but confirmed two events. Sumner Seynin chairs the special events committee and said a Maid of San Leandro and a Miss Universe honors candidate will be judged at Pelter Center on Thursday June 25. Chamber offices at 358 E. Adth St. offer further information.
MENTIONED IN THIS ARTICLE
San Leandro
Chamber
E. Adth St
Egg Market Ad Offers Dressed Poultry and Rabbits
An oddOCR egg market notice lists dressed hens and fryers for cooking, turkeys and tom turkeys of various weights, rabbits and ducks all described as ready to cook with price hints amid garbled text. The fragment suggests a late 19th or early 20th century classifieds style poultry sale.
MENTIONED IN THIS ARTICLE
Tbs
McKee Named Tax Appraiser in Alameda County
State Controller Alan Cranston appointed Albert I. McKee an Oakland real estate broker to Alameda County inheritance tax appraisal roster. McKee becomes the fourth African American on the panel, joining Joseph E. Smith John Reber and Hugo P. Correll.
MENTIONED IN THIS ARTICLE
Alan Cranston
Albert I. McKee
Oakland
Alameda County
McKee
Cranston
Lesiie W. Irving
Mameda
McKen
Tainte
Alameda
Joseph E. Smith
John Reber
Hugo P. Correll
Smith
Forner
Uranston
Ober
Correll
Phe
Wilberforte University
Ohio
City College of New York
Oak Fland
Transient Admits Killing in Utah Case
A Utah transient laborer James W. Warwick, 48, has admitted killing a man in a Cascade subdivision incident after earlier boasting to cell mates about city officials. He was jailed for disturbing the peace and, under questioning, described a drink encounter and a fight at an apartment complex near 11th and James D. Metal. He said he struck the victim with a wrench and held his head underwater in a nearby stream before leaving the scene.
MENTIONED IN THIS ARTICLE
Oakland
UPI
James W. Warwick
Den
Wats
Viey
Warwick
Cascade Gar
Deas
Jie
Renaldo Caminado
Aduplex
11Th
James D. Metal
Tran
Ogden
Worwith
McCall
Weather Summary With Northward Desert Heat Spread
Statewide weather report notes fair conditions across much of the region with Sunday highs reaching into the 90s in desert areas and Lew valley stations. Coastal areas show morning readings around 72 in San Diego and 85 at Taureka, with valleys cooling to 50s and 60s while fronts bring 45 to 60.
MENTIONED IN THIS ARTICLE
San Francisco
Hovtia
Aiid & Lew Valley
Bos
San
Union City Considers Business License Fee Plan
Union City council to consider an ordinance tonight requiring annual business license fees. City Administrator Deane Leeper notes the proposed fee schedules are lower than nearby area charges. Meeting at 7:30 p.m. in Desoto’s Barnard School board room.
MENTIONED IN THIS ARTICLE
Union City
Desoto
Barnard School
Deane Leeper
Grand Central Passenger Traffic Surges in New York
About 50 to 60 million railroad passengers pass through New York's Grand Central Terminal, highlighting the hub's pivotal role in travel demand. The figure reflects sustained usage and the terminal's importance for regional and Long Island services.
MENTIONED IN THIS ARTICLE
Grand Central
New York
Grand” Central
Leach Ye
Bank Clearings San Francisco and Oakland Totals
Bank clearings for San Francisco reach 474 million with Oakland totals about 815 million while other figures include 650 million and 8 billion in various segments according to the period’s reporting. The item consolidates regional financial activity and emphasizes large-scale intercity banking flows.
MENTIONED IN THIS ARTICLE
San ‘Francisco
Oakland
Also Mentioned on This Page
Wall ST. Chatter
Leandro
Egg Market
HOTEL
Alexander
Guar
Franken i
William J. Stephens
Neraonhel
East Bay Municipal? Utility’ Dist, Ig
California Personnél “Management Assn
Utah
South Alameda
Coun High
Navy
Albuquerque
Atlanta
Sfield - Bost
Awneyilte
Chicago
Denver
Fairbanks
Fort Worth
Kansas City
Los Angeles
Mia
New
Orleans
Neiy
York
Oklahoma
Phoenix
Pittsburgh
Ed Bloff
Reno
Sacramento
San Diego
Salt
Lake’ City
San Francsco
Seattle
Spokane
Stockton
Thermal
Washington
Farrar Trust Fund
Fenda Will Peaden
Ice
James
Penny ‘Mayfair
Mayfair
Swift
Heinz Catsup
Jackson Street
Southgate
Hayward
Paseo Grande
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