Stock Market Faces Profit Taking In Early Trading
New York markets opened with profit taking as the Dow Jones average dipped about 90 cents in early trading. Rails fell 43 cents, utilities down seven cents, while industrials hovered near high ground despite reluctance to reach new peaks. Montgomery Ward and Chrysler rose close to a point. Allied Chemical and American Tobacco posted fractional gains. Lagging issues included Westinghouse, U S Steel, General Electric, and General Motors. Amerada Petroleum slipped about 3 points and Texas Pacific Land Trust fell around 2 points, with United Fruit also down.
MENTIONED IN THIS ARTICLE
New York
INS
Dow Jones
Montgomery Ward
Chrysler
Allied Chemical
American Tobacco
Westinghouse
U. S. Steel
General Electric
General Motors
Amerada Petroleum
3 Paints
Texas Pacific Land Trust
United Fruit
Lts
Dow Jones Listings and Market Movements Summary
New York stock market closed with mixed results as Dow Jones indices show gains and losses among various issues. Trading activity featured notable movements in rail and utility sectors with closing figures reflecting a cautious session.
Earnings Report Snapshot From Washington
Washington report outlines withdrawals and deposits for the current fiscal year through a month, noting balance figures and department activity. It references central financial movements, gold reserves, and public debt considerations.
MENTIONED IN THIS ARTICLE
Washington
Deposits Compare This Year With WY Thi Year
The report analyzes heart and deposits, comparing this year to the previous year. Data highlights trends in savings inflows and loan portfolios across major institutions, noting shifts in interest rates and consumer demand.
Poultry Producers of Centra Report Egg Market Prices
The Poultry Producers of Centra released today’s egg market figures showing available alocation prices. Key buyers and regional outlets are listed, with current per dozen rates and notes on grade distinctions. The report reflects regional supply and demand factors influencing pricing.
MENTIONED IN THIS ARTICLE
Centra
Closing Indexes Livestock Market Report Readable Fragments
Salable cattle 7 percent with fresh receipts and scattered shipments. Prices show utility and cows around 14.50 to 18.40 for various weights. Stacker calves around 20.50, small lots in 400 pound range. Hogs salable about 400 with early trade noted. Sheep receipts light with lambs few and market tone uncertain.
MENTIONED IN THIS ARTICLE
Mus Cave
Banking Merger Will Affect Hayward Branches
Two Hayward area branches are among 14 Central Bank offices involved in a merger with San Francisco Bank. Stockholders vote Friday afternoon on the asset purchase and sale, which would create a combined financial base around half a billion dollars. No personnel changes are planned. the Central Bank will be renamed the San Francisco Bank.
MENTIONED IN THIS ARTICLE
Hayward Area
Central Bank
San Francisco
T. P. Coats
Centra Bank
Coats
Henry Verdelin
Central Banks
Thest Corporation
iCentral
Caats
Eis
SV Ute Tae Ee
Verdelin
San Francisco Bank
Couts
New Gillig Bros. Corporation Formed Here
Organization of a new Gillig Brothers corporation underway three weeks after purchasing the 48 rear-od motor coach building firm. Five veteran employees joined two other businessmen to form the corporation at 124 El Dorado avenue with Stanley J. Marks as president. Board of directors includes Viola Meyer and Clay Sorrick. Gilligs have long built school buses in Northern California and hold ties to early auto body work and bus design.
MENTIONED IN THIS ARTICLE
Gillig Brothers’ Corporation
Fillig Carriages
San Francisco
Stanley J. Marks
San Leandro
Joel V. Church
Hayward
Chester H. G
Vera L. Meyer
Ther
Waller G. Auer
Clay Sorrick
Arthur Pedersen
Orinda
Sorrick
Pedersen
Gillig
Sorairman
Gill'g
Gilligs
California
Gilligs -Move
Francisco
Obituary notes for Jeffries and Gansberger in Hayward
Albert Jeffries a longtime Hayward resident died in the Soldiers Home Washington DC at age 69 after years of illness. He served as a technical sergeant and post telegraph operator and was active in the Veterans of Foreign Wars. Survived by widow Soledad and a stepdaughter, arrangements await Army confirmation. Laura W Gansberger 87 died in Hayward and private services set at Brothers chapel, San Leandro native, member of San Leandro churches and Neighbors of Woodcraft. She was wife of the late Herman Gansberger and mother of Dorothy and Marjorie. flowers declined with inurnment at Mt. View.
MENTIONED IN THIS ARTICLE
Albert Jeffries
Hayward
Washington
D. C
Jeffries
Donald Avenue
Dawson
Texas
Presidio
Postal Telegraph Company
Castro
Hunt Foods
Bay Area De‘fense
Hiswidow
Soledad Jeffries
Haylward
Jen‘wie Bueno
Hillview Crest
James Benjamin
Laura W. Gansberger
San Francisco
Gansberger
San Lorenzo
Glen Drive
San Leandra
San Lovez
Woodcraft
Herman Henry Gan
Menade Avores Corp Declares Quarterly Dividend
Directors of Menade Avores Corp today declared a regular quarterly dividend of per share on the company's common stock payable July 6, 1954, to stockholders of record June 28, 1954.
MENTIONED IN THIS ARTICLE
Airectors
Menade Avores Corporation
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