This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 15 articles. Subscribers can read the full text of each article.
Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jun 11, 1959
Page
4
A petroleum industry report predicts major changes in energy use over the next four decades. It highlights rising oil costs and battery advances reducing per capita gasoline consumption and impacting transportation and markets.
San Francisco dispatch says representatives of the Teamsters Union and Northern California canneries will meet to seek a net contact. Two Teamsters have awaited a strike date of June 17 if unresolved. Management warns of halting 45 percent of fruit and 35 percent of vegetables. The union covers 11,000 regular staff and about 95,000 seasonal workers.
The Commerce Department estimates 4.5 million firms in the United States at the start of 1959, about 55,000 more than 1958. Non food items account for roughly 5.2 percent of grocery sales, while car populations are projected to rise 29 percent this decade, yet fuel demand growth is expected to slow. Gasoline, oil and related products are forecast to support strong service station sales and chemical production, with total oil product demand seen at about 4.965 billion barrels by 1965, up 51 percent from 1958.
UPI reports analysts expect passenger car tire replacement sales to rise about 200 percent over the decade as small car ownership grows. Premium gasoline demand may not grow much, with market observers noting a potential correction after a long overhang.
Ship report lists arrivals and origins including BUF to arrive Thursday June IL Kyntoky Mart from Portland Pres Madison from Baltimore Eoclsas from dtat Mangabarra from Los Angeles Pi Monroe from New Santa from Honolulu Catalina Star from Eureka Bivippine Transport from Los Angeles
A study by Ira Haupt & Co projects seven million in auto market forecasts and 1 2 million in new cars for 1960 61 could yield about eight dollars per share on roughly 300 million in sales for Eaton Manufacturing Co. Newsweek notes Swiss banks shifting funds abroad as U S inflation worries linger and European economies show strength.
New York reports a mixed session with some profit taking yet overall gains. U S Steel and Republic firmed while Lukens and Carpenter, Steel rose. motors show small gains for General Motors and Chrysler, American Motors weak. Utilities and chemicals small up, Panhandle Eastern declines.
Washington UPI reports a forecast of a bumper 1955 wheat crop adds pressure for legislation to cut surplus. Democratic urban congressmen threaten to derail the plan as debate continues. House mood shifts toward opposition on production cuts.
The Dun and Bradstreet survey notes a cautious optimism about a coming boom with higher employment, record personal income, and increased consumer spending. It expects steel production and auto sales to rise, while construction stays near record highs amid rising mortgage costs and inflation pressure.
Pacific Coast stock market reports show dollar and share volumes far ahead of 1958. May 1959 dollar volume reached 81,611,705, up 24.36 percent from 65,624,491, while May share volume was 581,133, exceeding prior year gains of around 10 percent. Cumulative five month totals stood at 458,465,498 versus 262,003,837, a rise of 196,481,561.
The New York Stock Exchange is distributing gift stock kits to member firms to promote gifts of stock. The program aims to help brides and students, with officials noting it may assist young brides from financial hardships.
UPI reports the Lumber and Workers Union and Lon vision of International Paper have agreed on a new contract covering 2300 employees at mills in Oregon Washington and California.
Bank of California declared a dividend and announced meetings would be held to iron out unresolved issues. Spokesmen cited media coverage from San Francisco Oakland and Los Angeles with Berkeley recording a debited amount of $136,200,000 and total dividends around 10,785,723 dollars.
Statewide weather brief reports clouds in Eureka and San Francisco. Forecasted lows and highs include minus five nine in one area and 68 in San Francisco and 90 in Los Angeles with Needles at 104. General temperatures shown amid scattered conditions.
Fragmented OCR notes show state leads in trailer production and sales with figures cited for last year. It mentions California leading in western markets and a peak month around February with a high sales total, though many words are garbled and uncertain.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.