France trims franc value in July switch to new unit
Elmer Walzer of New York notes France will implement a reverse split on the franc starting July 1, with 100 old francs becoming 1 new franc, restoring parity but lifting currency dignity. He warns of inflation risks if the U S government prints money to cover debts, citing historical hyperinflation.
MENTIONED IN THIS ARTICLE
Elmer
GN Walzer New York
UPI
France
Federal Reserve
Fed
Germany
Acchimedes
King Gelon
Poultry catalog items for ready to cook birds and cuts
A poultry catalog lists heavy and young broilers and fryers including whole caponettes and hens ready to cook. It also includes young turkeys and toms in various weights from 22 to 34 pounds and rabbit lines with ready to cook options, with prices per pound.
Purity Stores Names Alan A. Clark Merchandise Manager
Purity Stores announces the appointment of Alan A. Clark as merchandise manager for grocery and frozen foods. Clark, married with five children, was vice president of sales and purchasing for Benner Sea Co and succeeds A. E. Johnson who resigned in April. A Princeton University graduate, he has spent most of his career in Minneapolis, St. Louis and Burlingame after five years in military service.
MENTIONED IN THIS ARTICLE
Alan A. Clark
John O'Donoghue
California
Clark
Curently
Benner ‘Sea’ Co
A. E. Johnson
Princeton Univrsity
Minneapolis
St. Louis
Burli
Stock Advance Holds Moderate Oils Stand Out
New York stocks edged higher in early trade as oils led gains while most securities stayed in a narrow jostle. Gulf Oil and others posted modest advances, while Western Maryland eased and Northern Pacific fell, with total volume around 660000 shares matching yesterday.
MENTIONED IN THIS ARTICLE
New York
UPS
Richfield
Gulf Oil
Getty
Texas
Gulf
International
Polaroid
Machirie & Foundry
Brunswick-Balke
Northrop
Rose DuPont
Aluminum stocks ride a new wave of prosperity
Wall Street watchers note the aluminum industry shifts from gloom to growth as companies fit aluminum engines into small cars. Banks like Bache and Co favor American Motors for short term gains while Eastman Kodak shows upside potential. Clark, Dodge and Co endorses municipal bonds for investment income.
MENTIONED IN THIS ARTICLE
New York
UPI
Wall Streal
Rue Todity
W. Mutton and Co
Bache and Co
American
Motors
Eastmand Kodak
Clark, Dodge and Co
Friden Expands With Two Mail Equipment Acquisitions
Friden Inc announces the acquisition of two mail equipment firms and a purchase of assets from International Postal Supply Co in Lewistown Pennsylvania. Walter S Johnson says the mail room equipment division will become as large as Friden's calculator and systems divisions. The Lewistown plant employs 160 and the company gains US Canada distribution rights for a Suisse made mail inserter. A Friden postage meter will be produced for distribution in 1960 after a prototype is tested by the Bureau of Standards.
MENTIONED IN THIS ARTICLE
5An Leandro
Friden, Inc
Friden
Walter S. Johnson
Fiiden
Fijden
Diviision
Filden
Mass
International Postal Supply Co
New York
New Lewistown
Lewistown
Riden
United States
Canada
ERT MA
Switzerland
Cunminglin Corp
Boston
Johnson
U. S. Post Office Department
Bureau’ of Standards
Washington
Record Interest Set By Pioneer
Pioneer Investors Savings and Loan announces a record 2.3 million dollar semiannual interest payment at 4 percent per year, to be disbursed June 6 to over 57 00 savings account holders. Executives say it is the largest interest payment in the three-year history of Pioneer.
MENTIONED IN THIS ARTICLE
Pioneer Investors Savings and
Pioneer
Ice
Sherman Miller
Money talk ad from Frank Knowlton Co
An old advertisement invites readers to learn about investments, securities, stocks and bonds, and mutual funds from Frank Knowlton & Co established in the 1920s. It provides a California address and a contact method. The fragment mentions Vera 465 California Street in San Francisco and urges readers to call or visit for more details.
MENTIONED IN THIS ARTICLE
Frank Knowlton &Co
Vera
California
San
Frdnelaco
Hasrena
Calll. Ane
Rlenceurt
Federal Grants To California Noted for 1968
Californians received 611.9 million in federal grants in 1958 from a 36.7 billion tax take. Nine major grants funded welfare, veterans benefits, highway construction, maintenance, and agricultural conservation. Highway aid led with 132.2 million. agricultural conservation was the least at 2.9 million. Soil-bank payments reached 40 million and unemployment compensation totaled 31.4 million.
MENTIONED IN THIS ARTICLE
Agr Rural Conservation
Air Force
National Guard
National ” Lions
California
Transamerica Declares Quarterly Dividend
Transamerica Corporation directors declared a quarterly cash dividend of $2 par value stock. President and chairman F. N. Belgrano Jr announced the July 31 payment date to stockholders of record July 8.
MENTIONED IN THIS ARTICLE
Transamerica Corporation
F. N. Belgrano, Jr
Belgrano
Inetord
Mt Eden Board Meets Tonight on School Expansion
Mt Eden School District trustees meet at 7 50 p m to discuss opening six classrooms and an administrative area at Ruth Gansberger School. They will set a date for an architect tour and decide whether to lease or buy new school buses.
MENTIONED IN THIS ARTICLE
Ruth. Gansberger
Mt. Eden School
Dist
Union City Plans Sunday Picnic for Officials and Merchants
A barbecue picnic will be held Sunday for city council members merchants and their families. The event starts at 11 a.m. at Eis terberry Park in Niles Canyon. Decota Merchants Association is sponsoring the affair.
MENTIONED IN THIS ARTICLE
Union
Eisterberry Park
Niles, Canyon
Decota Merchants
Asia
Also Mentioned on This Page
Business Review
Ship Report
Alameda
Dyom Storia
Meisho Maru
Teri
Bo Btelty Fartland
Sulo 4 Co
New Jack
San Francisco
Southern aCilf
Edison
Fierch
Ouhee
David “Shanks
Pordue
J .Sperry
Balinas
Seattle
Stork Exchange Sale
Standard (Ol
Cal
Harry Luckenbach
Ira ‘Beavkiyn
Allegheny Lutun
Standard Oil
Ned
India Mall
Philip
Ines Abiminum Coutmer
Sunray Mid-Continent
Oil Sarangan
Tom Dsitish & Joliem
American Cy
Los Anges
Boeing Old Colony Mariner
Los Bristol I-Nives
Angeles
Brunswick-parke
Bucyrus Bute Oe Sutra & Co
ASL
Hayward
Susan Macesh
Tom
Baltimore Gas Packing
Calif
Saracen
Opwa
Garberundum Alya lGreades
Vancouver
Carrier Corp
Yokohama
Caterpiler Stock Exchange
Sal Mathew Juckenbach
Chicago
Aerojet
Fortland
East Bay
Chrysler
Canadian Marconi
Eolumbia Broadcasting
Au Crowell Collier
Thy
Fillmore
Mania Continental Can
Ays Desk
Nsc-Oak
Caring Glass
Fairchild
Bolinas
Ankwrecows Zellerbach
Colimbla Star
Aniwern
Crucible Steel
Kaiser ,Industries
Yamasato Atari
Pais Yako Diners Club
Kawerki Chemica
Steel King
Duivendyk
London
AlSs Incorporated
Heatoh Atary
P.m. Acapulco
Jsy
Jon Elec
Fund Trust
Wis
Las Ikenteen
Kaiser Aluminum
Telew
Brooklyn
Tere Kennecott
William Street
Bougaten
Manila
Aere-McGee
Aig T Hohda Maru
Aski Lone Star Steel
Minn
Mining
Atc
Bat Larks
Ats
Montgomery
Ard
American Marietta
Melouti Steel
Nai Cash
Regier
Btiy Rvida
Orradio
Bank of Amerine
Pauley Pete
Norte American Aviation Seaj Borass Neldings
Permanente
Northern
Pacific
Ore
Phillips Lamp
Olin Mathiesos
Waler & Tel
Portland
Elec
Basilie Gate Fec
Callins Radio
Sanders Assoc
Eeeitie Yetephone
Republic Slear
Jorgensen
Shel
Dy West Cox
Life Vtc
Dutch Petroleum Ad Safeway
St. Regis Paper
Schering Is
Srats-finebuck Shell Transport Trading Bay Smith- Gene Fr
Soren
Tooth Aa
Purity Stores
Wall ‘St. Chatter
Stata of
Cott
Pickman
Hayward Insurance Mart
Wenofll C. Malmberg
Ralph N.bradie Co
San Leandro
Middle East
Gall der Rich
Bay Area
Foothill Blvd
Wetwath Walgreen's
BONDS
Montira
Sim Leandro
St Pleasanton
Niles
Albuquerque
Atlante
Bakersfield
Brownsville
Denver
Detroit
Eairbanks
Fort Worth
slEteldna
Los Angeles
Ale Minti
Oakland
Phoenix
Pittsburgh
Rene
Sacramento
AL Salt Lake City
San Diego
Seville
Stokane
Stockton
Thermal
Transamerica
Mt. Eden
Union City
Space Command
Aaa
Hoffman
B’ Street