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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Mar 14, 1956
Page
10
Washington reports mixed figures on withdrawals and deposits across national and regional accounts. Mentions Dow Jones movement, large sums in public funds, and scattered tallies for San Francisco, Oakland, and Los Angeles with unclear reliability.
The current market snapshot shows Dow Jones industrials and railroad averages near 1,501 and utilities around 2,160,001. For more information contact Sitro & Co at 1078 8 Street Hayward California or call Jefferson 71-6811.
Wall Street opened with a broad rally as industrials surged past the 500 mark to a new record. Rails rose to their best level since Oct. 22, 1924, while utilities touched a 25 year high. Gains extended across steels, metals, and motors amid record earnings by major corporations. Livestock notes from San Francisco report mixed trade and steady cattle and hog prices.
Funeral services for Frank Dye, a retired dentist, will be held at 10 a.m. tomorrow at the Castro Valley mortuary chapel. He died yesterday on his 69th birthday. He leaves his wife Irene and a son Franke Dye of Castro Valley. Interment will be at the Chapel of the Chimes in Oakland.
Fremont city officials plan hearings Monday to protest proposed merger of Union and Irvington Sanitary districts. City Atty LeRoy Broun says Fremont can run sewer facilities $100000 cheaper within city bounds. Irvington hearing set for 7 p.m. at 103 Mission Street. Union hearing at 7:30 p.m. at 116 Baine Avenue Centerville.
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