Business centers urge aligning city county offices with markets
UCLA analyst Dr. Edward Staniford says firms judge trading areas by population growth space needs and family types, while government offices run on arbitrary political boundaries. He suggests placing city and county offices near regional business zones to reflect actual service areas. A free summary of his study is available from UCLA Bureau of Governmental Research.
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UCLA
de. Stiniford
Staniford
Ucla Bureau of Governmental Research
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Los Angeles
Investment Firms Grow Into A $15 Billion Field
Elmer 0 Walzer reports from UPI that investment companies have expanded from about $1 billion to $15 billion in two decades. Arthur Wiesenberger’s 19th edition of Investment Companies is praised as the industry bible, outlining funds, risks, and inflation’s impact while stressing careful use of investment company shares. The book allocates about 123 pages to general investing and the rest to individual funds.
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Stocks Chatter and Ship Report on Market Consolidation
New York reports suggest the stock market may consolidate with a narrow change or test support near 610-616 in the industrial average before advancing. Koppers Co. is seen as realistically exceeding the 4 share level reported in 1958 per a Filch Survey.
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Father Dies In Rescue Attempt In Willows Fire
UPI reports a Willows family tragedy as Wayne Jennings, 29, dies trying to save his 2 year old son Michael in a frame house blaze. Marilyn Jennings, 21, escapes with two other children as fire rips through while they slept.
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UPI
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Ronnie Hanson
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Market Mixed: Plywood Prices Down in Key U.S. Firms
Market mixed results show unsanded fir plywood prices slipping at Northwest plants amid dealer restocking. Georgia Pacific delayed, U S plywood opened lower, while multiple industrials like Anaconda and Kennecott edged down. Banking and drug stocks fluctuated with some gains for Security First and Abbott Labs amid overall cautious trading.
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Statewide Weather Forecast Indicates Low Pressure Across Regions
The forecast shows a low pressure system extending from the Dakotas to Nevada and the Aleutian area. Expect light disturbance and patchy fog with low visibility overnight and into the morning hours.
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Dakotas
Nevada
Aleutian
Hunt Foods Declares Quarterly Dividend Payout
Hunt Foods and Industries, Inc. announces a quarterly cash dividend of 12.4 percent per share on common stock and $1.25 per share on preferred stock series A-5 percent, payable to stockholders of record August 19.
MENTIONED IN THIS ARTICLE
Slunt
Foods and Industries, Inc
Gas Sales Periled by Private Salon Possible
Fragmented OCR text hints at a discussion of gas sales pressures and network constraints. Mentions private markets, possible Paris connection, and years of instability. No clear names, dates, or concrete actions readable.
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Vate
Salon Posible
Ae Petroleum
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