Market Runs to 24Year High on Oil Driven Rally
The Dow Jones and U S markets climbed to a 24 year high led by oil shares. Standard Oil of New Jersey hit 81 as others like Standard of California Socony and Texas Co. advanced on Arabian American Oil Co speculation. Rails and industrials rose while Westinghouse faced profit taking.
MENTIONED IN THIS ARTICLE
New ‘York
Dow- Jones
Standard Oil of
New Jersey
Standard of California
Socony
Texas Co
Jersey
Arabian-American Oil Co
U. S
Wall
Southern Pacific Radio
Westinghouse
Woolworth
American Woolen Common
Textron
Dow-Jones
American Stock Exchange
Treasury
Jeanette May of Decoto Obituary Notice
Jeanette Decoto May aged 83 of Alvarado dies at home sister of Peter and Louis Decoto. aunt of Victoria O'Hara and Jean Decoto Lenahan. funeral at Sorensen Bros Chapel Hayward March 6 at 11 a.m. Inurnment Chapel of the Chimes Oakland.
MENTIONED IN THIS ARTICLE
Jeanette D. May i Decoto
Joneer
Alvarado
Jeanette Decote May
Ezra
Jennié Decote
May
Decoto
Peter Decoto
Louis Decoto
Piedmont
Victoria O'Hara
Santa Cruz
Frank Hurd
Palo Alto
Miss Jessen
Newark
Burton M. Clark
Castro Valley
Burton Mathew Clark
Baywood Baptists Church
Laurel Avenue
Big Piney
Julia Ellen Clark
Verajean Bennett
Julianne Smith
Phoenix
Aviz
Lenora Keith
Valdosta
Taya
Caileedy Hospital
East Bay
Ebell Society of
Oakland
Country Club
Washington Township
Calif
Sorensen Bros
Atreet
Haywate
Toyon
The
Chimes
Newark Plant Produces First Shipment of Orangeburg Pipe
Orangeburg Manufacturing's Newark plant sent its first pipe shipment to Crane Company in Santa Ana. Charles G. Dubuque, Newark plant manager, and Martin Noack, Pacific Southwest sales manager, welcomed the event as the company expanded from its Orangeburg New York base. The Alameda county facility, opened last November with 300 industry representatives, backs production and distribution across California and the Pacific coast.
MENTIONED IN THIS ARTICLE
Newark
Orangeburg Manufacturing Company
Santa Ana
Charles G. Dubuque
Orangeburg
Martin Noack
Pacific Southwest
Southern Pacific
Alameda County
Bay Area
N.Y
California
Pacific
California Fifth Largest Candy Producer Gains From Coast Conference
California stands as the nation s fifth largest candy producing center with 1953 sales over 40 million dollars, accounting for more than four percent of U S candy sales. Kenneth L White of MacFarlane s Candies notes California almond and walnut usage in confections, while orchardists credit confectioners as key buyers.
MENTIONED IN THIS ARTICLE
San Francisco
California
U.S
Philip P. Gott
National Confectioners’ Association
Oregon
Colorado
Idahho
Utah
Department For Commerce
Gott
Kenneth L. White
MacFarlane
Oakland
Dow Jones Closing Averages And Market Quotations
The latest stock market data shows closing averages from the New York Stock Exchange and San Francisco exchanges. Major names referenced include General Electric General Motors Westinghouse and Union Oil with activity details and a list of notable stock transactions and bond movements. A funeral notice for Mary Maggach notes her residence in Castro Valley with family survivors and services scheduled.
MENTIONED IN THIS ARTICLE
JONES
Reynolds & Co
New York Stock Exchange
Imbus Westernay Warpase Sah
Francisco Stock Exchange
Rane Eees
NEW York Exchange
Montgomery Ward
Amerar
Satowayr Sk
Seas Roebuck Dow Jones
Southern Pacific
Calit
Tidewater Assoc
Transamerica
Union Oil
Westinghouse Electric
Rean Francisco Exchange
Pubic
New
Standard-Poor
Anglo
Calif Bank
Blair & Co
Bank of America
Sdlo
Ducky
New York
Standard & Poor's
Inc. Raa
Dexes
Auerge
Maggach
Castro
Valley
Mar
Eva Mary
Alexander
Pieet Bayward
Dividend Declarations From Several Companies Listed
Thermoid Co declares a quarterly dividend of 10 cents payable March 3 to holders of record March 22. Cascades Flywood pays 25 cents quarterly to record March 1 for March 16. Foremost Dairies issues 35 cents quarterly payable April to record March 15. Universal Match 30 cents quarterly payable March 24 to holders of record March 24. Regal Shoe dividend details incomplete with March 31 payment and March 30 record. Montgomery Ward declares 2 quarterly 50 cents payable April 15 to holders of record March.
MENTIONED IN THIS ARTICLE
Thermoid CO
Pas
Cascades Flywood
Foremost Dairies
Universal Match
March &Regal Shoe
Montgomery Ward
Local Egg Market Prices and Poultry Quotes
Local market prices list egg quotations from Poultry Producers of Central California with large egg at 45 cents, medium 45, small 37, and live poultry wholesale prices for broilers, fryers, roosters, hens, old roosters, squabs, ducks, and young turkeys. Dressed poultry wholesale prices show broilers, fryers, roosters, hens, and ducks with varying weight-based ranges. Rabbits priced at 58-60 cents.
MENTIONED IN THIS ARTICLE
Central
California
The Christian Science Monitor Readers Note
From a worldwide sample of comments the Monitor is praised as essential reading for clear thinking. A reader who paused schooling for 18 years says the Monitor supplies education and ideas, with world news and viewpoints. A subscription coupon offers an introductory term and invites readers to join for broader coverage.
MENTIONED IN THIS ARTICLE
Atari
Free World
Readeen Ot the
Christian Science Monitor
Toy 4S Company
Rail fight near climax clouds New York Central control
Walter Touhy, president of the Chesapeake and Ohio railroad, says the sale of 800000 shares of New York Central stock was made in good faith and at an advantageous profit to the C and O. The stock was sold to Texas oilmen Sid Richardson and Clint Murchison, alleged allies of Robert R Young in a proxy battle for NYC. A board battle with Young and NYC president William H White is expected at a May 26 Albany meeting as NYC asks the Interstate Commerce Commission to rule on control.
MENTIONED IN THIS ARTICLE
Cleveland i
Walter Touhy
Chesapeake and Ohio Railroad
New York Central Railroad
3. And
Texas Oil
Sid W. Richardson
Clint W. Murchison
Robert R. Young
New York Central
Even Young
William H White
Nyc
Albany, Nly
Touhy
Interstate Commerce Commission
Young
C. and
Madman Muntz firms put under bankruptcy trustee
In Chicago federal court Judge Win G Enoch appointed C Wiley Allen former assistant U S district attorney as trustee for three firms controlled by Earl Madman Muntz television set maker. The involuntary bankruptcy petition lists assets at 3 million and liabilities at 13 million. Muntz will remain head of the companies at 500 dollars a week.
MENTIONED IN THIS ARTICLE
Chicago
Win G. Enoch
C. Wiley Alen
U.S
Earl “Madman” Muntz
Knoch
Muntz
Bank clearings by city show varied totals
San Francisco leads with 98.7 million dollars in bank clearings while Los Angeles reports 211.4 million. Oxskland records 6.96 million and Berkeley 2.89 million in debits as listed.
MENTIONED IN THIS ARTICLE
San Francisco
Oxskland
Berkeley
Los Angeles
Proxy Wars Hit Firms in Corporate Battles for Control
Stockholder attention rises as proxy fights shape leadership and policy for major U S companies. Battles involve railroads New Haven Hartford and others with large blocs of shares. Independent groups seek replacements when management displeases, with outcomes tied to average stockholder sentiment and recent earnings.
MENTIONED IN THIS ARTICLE
New York
New Haven
Fac- Hartford Railroad
Wa Tor
Ison
Decca Records Inc
Lsons
Lehigh Valley Coal Corp
R.jon
Hoe & Co., Inc
Also Mentioned on This Page
Homer C. Vandeventer
Centerville
Belloliveria Court
Bailey Mortuary
Jackson
Mich
Chapel of the Palms
Norma Vandeventer
Henry | Miller Cleaning Company
DOW Jones
Alcalde's . TV and Radio Center
Draco Waslorm
Drucot
Hayward
Drucot Construction Ion CO. Cronin S
Jefferson
Iefferson
Hayward Toggery
Children’s Cotton
Coats
Ayisa
P.J
Fancy Sox
Cannon
Reg Rook
Sterling EM Homes
Oakland Builders, Inc
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