Market fickleness echoed in Jarvis view on stocks
N Leonard Jarvis of Hayden Stone says the market is fickle like fashion and a woman, noting past cycles from 1998 fire insurance demand to atomic energy issues. He expects a buying range for many stocks, warns 1958 may test investors, and advises buying stocks for fundamental value and long-term holding rather than market activity.
MENTIONED IN THIS ARTICLE
Elmer C. Walzer
New York
N. Leonard Jarvis
Stock Exchange
Hayden, Stone & Co
Wonder Fuels
Tod Onn
Jarvis
Shipping Schedule From Yokohama to San Francisco
Shipping report lists multiple vessels arriving San Francisco around March with routes from Yokohama Portland Hamburg Buenaventura and Kobe to Sydney and Portland to Seattle. Ships include Meitetsu Maru Lueckenbach and Victoria Maru with various ports and estimated dates.
MENTIONED IN THIS ARTICLE
San Francisco
Cleveland
Yokohama
Meitetsu Maru
Portland
Buenaventura
Anaina
Hamburg
Lueckenbach
Fort- Jang
Stockton
Montana
Cie
Sunpelyns
Aa Pan Ct
Victoria Maru
Kobe
Monterey
Sydney
Arthur
Trom Yokonanta
Pacific Transport
Los Angeles
Alameda
Manavian
Pleasantville
Charleston
Maringrrom
Yokohama — Fang
Vancouver
Palmetto State
Geattle
Dow Jones Stock Averages and Market Totals
New York reports the day’s stock averages and totals with notable figures for the Dow, rails and industrials. Trading activity shows 1,127 issues, 690 up, 211 down, 238 unchanged, plus bank clearings across major West Coast cities.
MENTIONED IN THIS ARTICLE
New York
INS
Jet Fighter Pilot Killed in Plunge
Lt. Joseph Erk of Saratoga California died when his F6F8 fighter jet failed to pull out of a dive and plunged into the ocean during a demonstration rocket run for Japanese officials aboard the carrier Kearsarge. He is survived by his widow Olive Mae.
MENTIONED IN THIS ARTICLE
Yokosuka
Japan
Joseph Erk
Saratoga
Calif
Erk
Kearsarge
Olive Mae
Rain and snow sweep across wide swath of United States
A string of storm centers moving from the Southwest brought rain and snow across much of the nation. Snow totals reached up to a foot in parts of Colorado and Kansas with accumulations boosting totals in Russell and Hills City. The system extended from the Rockies to the Atlantic with rain prevailing south and east of the snow area and showers in the Southwest overnight into Georgia and South Carolina. Rainfall averaged about half an inch in Oklahoma, parts of Kansas, Missouri and Arkansas.
MENTIONED IN THIS ARTICLE
Stram
Rockies
Atlantic
Kansas
Russell
Hills City
Kand
New Mexico
Northwest
Tage
Gulf States
Georgia
South Carolina
Oklahoma
Missouri
Arkansas
Farnings Told By Standard Oil Farnings Told By Standard Oil
A tropical Pacific storm Thursday dumped a record 16.78 inches of rain on Honolulu, flooding the city and breaking the 1817 record of 13.52 inches. The 24 hour deluge disrupted travel and caused damage across Oahu.
MENTIONED IN THIS ARTICLE
Pacific
Hawaiian Islands
Honolulu
Beaten Actor Sues Servicemen in Los Angeles Case
In Los Angeles, 18 year old David Lawson filed a 43300 damage suit against four servicemen Vernon W. Arnold Irving Clark Edward R. Flanagan and Robert R. Votts. He alleges the beating at his home after a December party impaired his eyesight.
MENTIONED IN THIS ARTICLE
Los Angeles
INS
Acam
David Lawson
Yesterdday
Vernon W. Arnold
Trving Clark
Edward R. Flanagan
Robert R. Votts
Lawson
Stock Market Still Gains Amid Fed Rate Cut Scoop
New York stocks moved into a sixth session of gains on brisk trading after the Fed cut the discount rate at three regional banks. Early advances were fractional, with Park & Tilford up another point after Thursday’s 7 point rise. National Lead, Honolulu Oil, Parmelee Transportation, Fansteel Metallurgical added a point or more as profit taking touched some top issues.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Federal Reserve
Wall Street
Park & Tilford
National
Honolulu Oil
Parme
Lee Transportation
Is Cancer Inherited Or Is It Just Chance
Medical memo argues against viewing cancer as a family disease noting it can appear in multiple relatives by coincidence. It warns against using animal breeding studies as proof and acknowledges diagnostic limits of past years and even today for borderline cancer cases.
Alameda Infant Dies in High Chair Tragedy
An Alameda mother left her 9 month old, Gregory Middlebrook, alone in a high chair while seeking hospital admission for his illness. Upon return she found him hanging by the tray. Coroner officials cite pneumonia as a possible cause rather than strangulation.
MENTIONED IN THIS ARTICLE
Alameda
Carol Middlebrook
Gregory
Alameda County
California Weather Forecast for Northern Regions
Statewide weather notes a new storm from the north bringing rain to most of Northern California tonight with showers into Saturday. Snow is possible in the mountains. Showers extend from Santa Maria to Bakersfield southward through late Thursday night. 24 hour rainfall included seven tenths in San Diego and about one half inch in Bakersfield and Los Angeles. Temperatures fell with 10 to 25 degree drops in the south and central areas. El Centro hit 63, Bakersfield 45, while many lowlands ranged around 50.
MENTIONED IN THIS ARTICLE
Ask
Canada General i
Commonwealth II
Incorporated Investors One
Institutional Insurance A
Grow
I Mass
Trust
Wellington
Eltel McCulk Firemans Fund
Atlanta
First Western Bank
Jorgensen’ Steel Iq
Bakersfield
Peaiser
Aes Boise
Koehring. Corp
Tala Boston
Copenhagen
Ins
Ingrid
Lone Star Stee
Bose
Bergman
Will
Lucky Stores
Ata Brownsville
Eer Orradio Aner Stee
Chicago
Land Gas & Electric
Denver
Gan
Detroit
Lars Schmidtvere
Trinidad
Pete Dev
el Centro
U.S. Life Insurance
Fort Worth
Varian Assoc
Tesno
Gothenburg
Helena
Kansas City
Stockholm
Los Angeles
Rome
Copen- Miami
Lhagen
Regi
Minneapolis
Schmidt New
Oklahoma City
Bel Phoenix
Pittsburgh
Red Bluff
Salt
Salt Lake City
Sacramento
San Diego
San Francisco
Seattle
Spokane
Stockton
Thermal
Tucson- Washington
California
Santa Maria
Paso Robles
Dir
Polar bases talks under way as US Kiwi discuss upkeep
Rear Adm. George Dufek said in Wellington that the United States and New Zealand are conducting talks on future maintenance of American I bases in Antarctica. He noted New Zealand’s aid will largely determine the bases future, and that the South Pole station may be kept open indefinitely while plans to close bases on the Knox Coast and Weddell Sea proceed.
MENTIONED IN THIS ARTICLE
Wellington
N. Z
George Dufek
U.S
United States
New Zealand
Antarctica
Dufek
South Pole
Knox Coast
Weddell Sea
Also Mentioned on This Page
Financial News World
Ship Report
Vallsaris
Ene
Term-Alams
Pitie
Edward Luckenbach
Ze Bos Bay Tam
Petal Maru
Bane Londen
Rif Evere Am
Oak
Torstein
Antwerp
Nama
Dow Jones
United Press
Oakland
Berkeley
Plunge
Tne
Glen C. Martina
Sutro É& O
Hudson’ Bay Miners of
Ite
York Breck ‘Exchange
Alser
Kennecott
Adlegheny Ludlum Oh
Kerr’ McGee
Aluminum Co. of America
Mt Kimberly, Cla
Lukens Steel
Olin Mathieson
Gas’ Packing
Pacific Gas & Electric
Carborundum Jase Bos Carrier, Corp
Ips Petroleum
Caterpillar
Radio Core
Ace Chisato
Republic Sterl
Chrysler Cities
Reynalds
Evenrses
Columbia
Satoway
St. Regis- Paper
Continer
Glsas
Crown ZeNerbach
Agi
Senerine
Shell “Transport & Trading
Socony Mobil Atr
Gresser Industries
Ssn
Southern Calif
Edison Sa
Kodaie Ah Sperry
Eastern Airlines
New Jers Sey
Seemens
Sunray
General Eleciis
Texas Instruments
General Motors
Tidewater General Tire
Getty Oil
Union of
Srw
Youngstown Sheet & Tube
Pacific Coast Tock
Bawana
S Pacific Petroleums Arent
Paclle
Dow Bow Jones
Sutro & Treet
Hayward
J ‘Efferson ‘Boll
Evan
Colorado
Standard Oil
Standard Oil Co
R. G. Follis
T. 8. Petersen
Comepany
Morehan
H. L. Herschensohn
M.D
Egg Market
Tbs
Suitor
Elberriea
Bay Fair
Elgin
Povilla
Washington
Estudillo
SEARS
Kenmore
Kenmore Banister Vacuum Cleaner
Gaspar
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