HURTIN' PLANNED YAM: FED POLICIES AND REAL ECONOMY
A Daily Review financial column discusses tight money, rising rates, and credit restrictions hurting stock owners, bond holders, executives, and workers. It notes reduced overtime, fewer summer jobs for teens, and describes Fed policy as a broad pain-inducing plan across sectors from housing to manufacturing. The piece announces a new daily financial column, Wall Street Gossip, by Elmer Walzer, starting Monday.
MENTIONED IN THIS ARTICLE
J. A. Livingston
Federal Reserve Board
Reserve Board
Maine
California
Texas
Wall Street
Daily Review
Elmer ©. Walzer
United Press Financiel
Realtor Sets Up Hayward Offices in California
Joseph A. Walsh, longtime member of the Mission San Jose Alameda County real estate board, reestablishes his Susque at 21304 E Street, Hayward. Weibel Wines announces Walsh’s rise with sales above one million and quarter dollars in a 12 month period, with goals to open a Castro Valley office.
MENTIONED IN THIS ARTICLE
Joseph A. Walsh
Castis Valley
E. i St
Hayward
Walsh
Mission San Jose
Arec
Alameda County
Heal Estate Board
Heonses Ag Real Estate
Weibel
Light Gains In Stocks Trade Steels Firm In Early Session
In New York stocks extended gains with steel shares firm after U S Steel price rise. Firms like Youngstown Sheet & Tube Lukens Universal Cyclops and Harsco posted small advances, Bethlehem up 4 points, I S Steel up then flat. Minor shifts across Brunswick-Balke Lee Rubber Texas Co and others. Motors barely moved, oils a touch higher, aircrafts steady, rails and utilities up overall.
MENTIONED IN THIS ARTICLE
New York
U.S. Steel
Cpa
Youngstown Sheet & Tube
Lukens
Universal Cyclops
Harsco
Bethlehem
I. S. Steel
Brunswick-Balke
Lee Rubber
Texas Co
International Salt
Firestone
American
John Morrell
Salo Neti
Oyme
Alleaheny Ludhin
DOW Jones
Bond Alumbum Co
Miadie
Aourn
Thin, Mining & My
Ward
American Telephone
Horizon
Hughey Ts
Amerada Natl
Anacoric
Buig — - Naise
Brigtataswater
Bards
Unie
E Carrier Corp
Camp Avort
TNS
Rere
Westinghouse
Ghiorgo
Youngstown
Shet & Tu York Stock Exchange
Ad- Chrysier Anced
Pacific Coast
SEOCE
Columbia
On Inc. Invest
Geity
Tite Ai Ee Wellington
Hudson Bay
Int Business
Doe
Mengan
Conik
Pmenh
Brsc
Collins
Tom Tark Sy
Western Banke
Ota Ie AB Ibs
Surgensen
Steel
Saiser Steel
Reany
Cook
Portland
Gia
Trinkdad
Peter Bevay
Pacific Railroad Campus eyes piggy-pack service expansion
In San Francisco the Pacific Railroad Campus 1955 operations described as disappointing plans to expand piggy-pack service. WP President F B Whitman told stockholders he expects to start something this year and noted the current train ferry operation remains modest. Santa Fe Railway declares a 30 cent dividend and reports May net income of 3.75 million with five month total 21.82 million. Collier Carbon and Chemical becomes new merged firm with HQ at 714 West Olympic Blvd Los Angeles.
MENTIONED IN THIS ARTICLE
SAN Francisco — Pacific Railroad
F.B. Whitman
A * Union Oil Co. of
California
Brea Chemicals, Inc
Anc É Collier Corp
Collier Carbon and Chemical Corporation
West Olympic Blvd
Los Angeles
Santa Fe Railway
Santa Fe
E. S. Marsh
Financial Stocks Report From New York Exchange
Financial news brief shows Dow Jones averages with mixed readings and partial price data for several sectors. The scrambled figures indicate fluctuating index levels and individual stock changes amid a volatile session.
MENTIONED IN THIS ARTICLE
New York
INS
Egg Market Report San Francisco Week Summary
San Francisco market notices show egg and animal price ranges and weekly comparisons. Slaughter cattle, calves, hogs, and spring lambs are listed with mild weekly shifts and varied utility dairy prices for Holstein cows and standard cattle types.
MENTIONED IN THIS ARTICLE
San Francisco
Songina
Mendosiso
Humboldt County
Treasury Report On Withdrawals And Deposits Through June
Treasury data show withdrawals and deposits in current fiscal year through June 23 versus last year. Figures include totals in billions and variances across accounts, with substantial sums noted for government funds and Treasury holdings.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Ships Set to Sail From San Francisco Amid June Exports
A garbled ship report lists vessels due to sail from San Francisco over June 23 to July 1 including Hoegh Silverspray Manila vessel Yokohama and America Transport Los Angeles Seasplendor and several others. It notes cargoes, origins such as Peru Hong Kong and Barranquilla, and multiple nationalities with destinations across Asia Europe and the Americas.
MENTIONED IN THIS ARTICLE
San Francisco
Hordun
Poona
Philadelphia
Raynenger
Coos Bay
Ene
Ala
Taylor
New York
Panama City
Aroy
Empire State
Saigon
Intsieln
Amsterdam
Santa Juana
Peru
F. J. Luekenbach
Yokohama
Lombok
Vancouver
United States Junior Chamber Elects President
Charles E. Shearer Jr of Shelbyville Indiana was chosen as the new president of the United States Junior Chamber of Commerce after a hard fought election at the national convention in Milwaukee.
MENTIONED IN THIS ARTICLE
Milwaukee
Charless E. Shearer, Jr
Shelbyville
Ind
United States Junior Chamber of Commerce
Miwaukee
Also Mentioned on This Page
Business Outlook
Weibel Wines
Oakland
A. S
D. Campbell Ross
Shell Oil Company
H. S. Haight
Ross
Shell
Agon
Knabe
Cline Piano Ga
C.E. Wise van
Meexland Ave
Financial News
Egg Market
Treasury Report
Standard and Poor
Standard Fe Poor
Foxes
Ship Report
Fellows
PMO
Enti Autolite
United Motors Service
Rae Eae
U.s.jr. Cof C
Alameda
Santa Clara
Countias
Park Mortgage & Investment CO
Loyd
Yeni Se Blyd
San Lorenzo
Castro ST
Hatward
MEYER
Mars
Sonia
Vita-Peat
Es Ron AY
Sh San
Sah
Pam
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