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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jun 02, 1961
Page
26
The listed prices are unsigned and not actual transactions but serve as guides to approximate ranges. For more details about these or other securities contact Sulrade Co at 1A Site, Haywards California, Tel Jefferson 6811.
New York reports rising traffic fatalities amid shifts in national defense and industrial output. Notable firms and rail interests show mixed gains and losses as officials weigh regulation and public safety measures.
The report details erratic shifts in cottonseed oil futures and dividends amid a volatile market. It notes declines in seed oil futures, quarterly dividends, and distribution dates, with references to New York markets and USDA context.
Market wrap notes New York wool futures rise as cotton and textile costs move. Daily quoting shows July 1980 and December 1980 bids, with several contract months trading and prices noted for futures activity in the wool sector.
Dow Jones industrials rise as Lat Revils Anan gain ground amid markets. Investors weigh industrials and utilities with political and regional signals shaping sentiment ahead of Atlanta event.
A scrambled page notes a broad array of sales and ads from various vendors, listing items from clothing to groceries, with scattered prices and category notes. Mentions of locations and vendors hint at a regional marketplace roundup and promotional highlights.
New York AP reports that 1006 industrial purchasing agents say identical pricing is rising in some industries and that this limits competition. Most support stronger antitrust enforcement, while 21 percent view illegal price fixing as increasing and most see deal price quotations without collusion as rising in some sectors.
Washington reports the Agriculture Department projects farmers will reduce corn and sorghum acreage by about 2 percent under price support and open market mechanisms. The plan aims to keep a price gap, deter market shocks, and qualify growers for payments while resulting in idle production and sizable stock movements next season. New industrial investments totaling around 1.4 million dollars are also announced across several firms in Beanli-Pleat rods and related packaging operations.
Bank clearing shows San Micneasen and Los Angeles debits as payments under a federal grain subsidy program. May 31 was the deadline to apply for cow franks, with late contracts possible. Final sign of a report will be issued next week. May harvest contracts cover about 1.1 million farms, 38 percent of corn, 14 percent of sorghum acreage, and 40 percent of barley.
New York Lik Exchange May sales marked the highest for that month in US years. Analyst Louis Stone argues strong public appetite for stocks, with pension and mutual funds boosting purchases, while price levels rise amid overarching market speculation and limited supply. He cautions that investor demand drives prices beyond traditional fundamentals, and blames both buyers and sellers for the bubble.
The House Appropriations Committees advanced nine bills totaling 8.9 billion in new funding for the Agriculture Department and independent federal agencies. The package, 1. Consisting largely of next year’s fiscal year needs, amounts to 4.98 billion for agriculture programs and 8.43 billion for the independent office, including a 4.88 billion allocation to the Veterans Administration. The action follows passage of a separate 1.1 billion bill funding the State Department, the federal courts, Civil Rights Commission, and U.S. Information Agency.
The California State Public Utilities Commission rejected a proposed five year schedule of rate increases by El Paso Natural Gas Co. The PUC noted the plan would raise rates from April 15, 1955, to August 25, 1960, with refunds offered far below the amount due and public hearings planned before the Federal Power Commission to set reasonable unit charges.
The state condemns Tracy City Hall for 23 years of decay with rotting foundations and falling plaster. A $402,000 bond for a new hall failed. city offices moved in years ago and eviction by Tuesday looms as officials seek an extension while the courthouse remains in the same building.
Gen Raw S Miller aged 70, early Army Air Corps member and advocate for air power. Chief architect behind 1920s legislation to organize a national air arm and a pioneer in establishing the military air branch. Died Wednesday after a long career shaping aviation defense.
Melvin Jonas, founder and secretin seoneral of the Triavriathontd Assign AP Gintis Chite, died in Chicago after a long illness. He led the group's development and served with associates. He was born in Poet Thomas. Ann.
New York United Press International reports a two year contract agreement ending a strike at 18 U S Rubber Co plants. The deal with United Rubber Cork Linoleum and Plastic Workers of America includes wages and a collective bargaining pact, pending ratification by about 25 000 workers across Massachusetts Rhode Island New Jersey Pennsylvania Indiana Michigan Wisconsin California and Ohio.
A J Gerrad and Co announced expansion of its San Leandro distribution center. Located at 14049 Washing Ave the firm will build an 8 000 square foot warehouse after purchasing about three quarters of the property at 80 Lid Ave Alan Panty chair of the San Leandro Chamber of Commerce industrial capacity committee said the firm specializes in steel strap wire and tape for packaging.
A garbled list of ship names and destinations appears, naming BERGONGER Antwerp, SEATTLE MARU New York, BROOKLYN HEIONYS Yokohama, PRESIDENT HARDING Stockton, PALMETTO STATE Yokohama, PRESIDENT WILSON Handfulll of Sunday June 4, and other vessels like HAWAIIAN FISHERMAN Honolulu and SHIMANE MARU Yokohama. The fragmentary text reads like port departures and encumbrances with scattered dates such as June and June 2, plus references to Columbia River, San Francisco area, and several unnamed ships. The mix includes cargo and wholesale vessels and various ports including Seattle, Yokohama, Antwerp, Honolulu, and Curacao, with mentions of ferries and building departures.
The text appears as an OCR jumble with mixed letters and stray phrases about 1944 war era items, names, and scattered numbers. Readable details are minimal, leaving uncertain references to places or people and no coherent event or dates to anchor a factual summary.
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