Stock Market Slumps As Dow Dips and Shares Fall
New York stocks fail to steady as the Dow Jones industrial average drops while utilities slip and DuPont leads profit-taking. Early action shows mixed gains and losses across sectors with several high profile issues retreating amid unsettled trading.
MENTIONED IN THIS ARTICLE
New York
Dupont
Mard Haas
Civpsum
Monnar
Seaged Pote
Fist Terness Oils
Cities Service
Sinclair
Fat Phillips
Tai & Standard Oil
New Jersey
Wis
Ita Heave i Westingheuge
Sd Gener
Aki
U. S
Polis
New Yorker
Naito
Hanes
Jones
Amerigan
Dow Jones
Rudy Baty
Radin & Pn
Amer Bacon
Francisco Exchange
Bond
Cour Ny
Cnsi
Feshman
Jose High
Angen Cent Bakeries
Jackson Elected As Manufacturers' Head
Jackson elected to lead Alameda County manufacturing groups uniting county unions and business associations. The move aims to coordinate regional efforts across taxation, public works, and industrial policy while aligning with existing county commissions and taxpayer oversight.
MENTIONED IN THIS ARTICLE
Jackson
Gan Co Dividends and Board Action Noted
New York reports Gan Company dividends with details about due and payable stock actions. Lucius D. Clay, board member, confirms credits and dates, noting October 1, 1954 as the due date and September as the record month. The board discusses stock issuance and related actions.
MENTIONED IN THIS ARTICLE
New York
Dueeras
Ousab Con Company
Res Ae
the & Gettycred
Wable
Stat
Lucius D. Clay
Death Notice fragment for Gon salves and relatives
Fragmentary death notice lists numerous Gon salves relatives and associates across various names and places. The unreadable OCR obscures full details but indicates a local obituary notice with family mentions and possible dates or locations.
Prudential OK's Real Estate Loans
Prudential approved real estate loans totaling 2,428,000 for Western operations in five months of 1954. Farm credits accounted for 302,369, residential loans 2,??, and commercial industrial properties 1,404,015. A three month total of 70,980 was approved across eleven western states.
MENTIONED IN THIS ARTICLE
Stockton
Prudential Insurance Camp
Atecics
Yiarry A. York
Ustern
Iits
Revenue Figures For Company Show Six Month Results
Revenues listed show a revenue of 611,783 for the period compared to the prior year. Consolidated net income for the six months amounted to 8221,357, roughly 14 cents per share, matching the same period last year.
Celotex Declares Dividends on Preferred and Common Stock
Chicago investors in The Celotex Corporation announced a quarterly dividend for the quarter ending July 31, 1954. The preferred stock will receive 53 cents per share and the common stock 37 cents per share. Record date is July 8.
MENTIONED IN THIS ARTICLE
Chicago
Celotex Corporation
Bank Clearings Across Cities Report Strong Sum
San Francisco shows 95,200,000 in clearings while Oakland records 25,886,550 and Becheley debits 3,422,059 with Los Angeles tallying 225,302,007 in debits and debris noted across markets.
MENTIONED IN THIS ARTICLE
San Francisco
Oakland
Becheley
Los Angeles
United Fruit Builds Banana Empire Amid Guatemala Crisis
United Fruit Co. with a $559 million asset base and a $50 million Guatemalan stake remains central to the anti-communist upheaval in the banana republic. The firm faces government expropriation claims, labor costs, and politicking while offering social benefits to workers. A spokesman says the company will retrench in Guatemala while the political climate stays hostile to American enterprise.
MENTIONED IN THIS ARTICLE
Stanton Berens
Boston
Mass
United: Fruit Co
Guatemala
United
Central America
Row
Lorenzo Dow Baker
Andrew Preston
Minor Coover
Keith
United S
New Orleans
Zenunray
United Fruit
United i
Kenneth H. Redmond
United States
United Front
Tliegel
Central Bank Acquired By San Francisco Bank Deal Approved
San Francisco stockholders approve the purchase of Central Bank, gaining control of 14 branches including in Hayward and San Lorenzo. Transamerica proceeds fund the buy, with the San Francisco bank expanding to over 300,000 shares in issue, while officials say the move keeps pace with economic acceleration and maintains bank positions.
MENTIONED IN THIS ARTICLE
San Francisco
San Meisen Bank
Hayward
San Loranzo
San Lomero
San Francisco Bank
Transamerica
Central Bank
Sumerican
Verdetin
Verdalin
Also Mentioned on This Page
San Leandro
Alameda
Theda
Trnsty
Comune
Slapervl
Bryne
Jaimie
Sahilen
Gonsalves
Te Stockinn
Albect Hoguys Gansaleen
Td Huehend
Chinasaan
Caghy
Albert
Betty Low
Reppon
Denny Gensalves
Rippers
Albee Gagsalves
Tiara
Beter
Napa
Willian
Gunsalves
Aled
Tut Gans
Feiliies
Bernice W. Anderson
Simon St
Heyward LU
Gladys Bade
Gam Ave
Castro Valley
Grace Bartlome
Madison Ave
Lola Silvestri
Major Ave
Heywerd
Frances Harris
Vide Sonten
Amerigan Cleaners
Castre St
Kay-Lee
St. LU
Donna’ Formaid Apparel Shop Foundation
Main St
Sally's
Castro St
Hayward Rug Works
Russell
Castro Sr
Hayward LU
Prudential Ok's
Standard & Poor
IRS
Jack Hanley
Equitable Life Insurance Society
Philips
Castro Bailey Blvd
Central
Wirata
Nnn
New York Stock Exchange
Franklin St. Oakland
Calif
S.F. Bank
Teheal
ANC Oy A Pont
Bea
Peg Ag
Pam Dan
Eer
Jadithe
Gor
Auto Supply CO
St.hayward