Financial World Sees Fed Moves Ahead of Policy Shift
Banking and economic analysts expect the Federal Reserve to ease policy with potential further reserve requirement cuts and discount rate reductions. Open market operations may rise as the central bank signals continued vigilance against inflation while aiming to sustain a mild recession. Dr. Marcus Nadler notes authorities fear inflation and that prior reserve cuts were modest compared to 1953.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve System
Central Reserve
Federal Reserve
Marcus Nadler
Hanover Bank
Square Dancing Beginnings Signups Open in Hayward
Hayward Area Recreation District begins registrations for a new beginners square dancing course to start April 3 at Palma Ceia School in Hayward. Classes run 10:30 p.m. every Wednesday for 12 weeks, led by Red and Marvel Knutson, at a fee of $8.40 per couple, with a $10. the advance enrollment requires at least 40 participants and reservations can be made by calling Lucerne 1-6331 or sending registrations to 1015 E St Hayward.
MENTIONED IN THIS ARTICLE
Hayward Area
Lucerne
E St
Hayward
Birthday Party For Senior Citizens At Castro Valley
Senior citizens in Castro Valley will celebrate with a birthday party Sunday at 1 p.m. at the Community Center 6354 Walnut Rd. Music Unlimited students will present a program at 3 p.m. Club members whose birthdays are being celebrated include Tillie Silva Mae Best Claire Birchfield Florence Castle Sarah Carlson May Belle Duke Clores Johns Elsie Nelson Jessie Perlanda Louise Palmer Ella Rice Dorothea Stokes Sophia Sletten Meta Seegard Pearl Strauch Jennie Selby Elizabeth Valenti George Bens Frank Best Alex Mooney Charles Steel and Harry Rasmussen.
MENTIONED IN THIS ARTICLE
Castro Valley
Walnut Rd
Students of Music Unlimited
Mmes
Tillie Silva
Mae Best
Claire Birchfield
Florence Castle
Sarah Carlson
Maybelle Duke
Clores Johns
Elsie Nelson
Jessie Perlanda
Louise Palmer
Ella Rice
Dorothea Stokes
Sophia Sletten
Meta Seegard
Pearl Strauch
Jennie Se
Market quotes fill pages with Dow Jones data
New York stock page lists numerous issues with bid prices, highs and lows for many companies including Kaiser Aluminum, American Cyanamid, Montgomery Ward, Sperry Rand, General Electric, and Dow Jones averages. Trade activity appears across exchanges with over the counter notes and institutional figures, urging investors to contact Sutro & Co. for further quotes.
MENTIONED IN THIS ARTICLE
Kaises
Luten & Co
Kennerott —. Bers
New York
San Francisco
Kerr McGee
Kimberly Clark
NEW York Stock Exchange
Lukens Steel
Marchant Alleghiny
Mead Corp
An. Alutinum Co. of America
McGraw Bull
American Cyanamid — A
Middle South Util
Pfizer
Phillips
Radio Corp
Republic Stes
Reynolds Metals
Safeway
St Regis Paper Og
Sears, Roebuck Carrier. Corp. Caterpillar
Sehering — — Ata
Shell Transport Trading
Sherwin Williams
Socony Mobil
Calif
Sperry Rand
Standard
New. Jersey
Continental Can Corning
Crown Zellerbach Crucible Steel Dresser Indust Food Machinery
Texas Instruments
Ford Mator
Tidewater General Electric
Ir Gos
Transamerica
General Motors
Union of of California
General Tire
S. Gypsum Getty Oil
Steck
Glen C. Marti
Westinghouse
Eric Hudson Bay Mining
Youngstown Sheet & Int
Pacific
Coast Stock
Joy Mer
Emporium-Capwella Aiden
Awana ‘Litten
Pacific Petroleum
Pacific Telephone New York
INS
Dow
Sec. Com
TPO
Trust Ga
Wellington
Go Stock Exchange
Jones
American Trust
American Exchange
American Marietta Ishares
Barax Holdings
Cal
New Yor Stock Exchange
Colling Radio Ae
Ynchange
Dew Jones
Jurgrensen Steel
iKaiser
Kochring Corp
Lone Star Steel
Lucky Stores
Orracia Windustrals
Portland Gas & Elec
Sea Thrifty Drug
Arint and Hots Deveasters
Idi
Varian Assoc
Dow Jones
Sutro 14 Co
Hayward
California
Jefferson
Egg Market Sees Record Bank Clearings
San Francisco reports 123,700,000 in clearings, Oakland 10,181,865 and Los Angeles 315,658,61 in a banking market update. The figures reflect regional activity and indicate strong monetary flows across California markets.
MENTIONED IN THIS ARTICLE
San Francisco
Oakland
Los Angeles
Shipping Schedule Arrivals and Departures at San Francisco
A historical ship report lists vessels due to arrive in San Francisco on March 26 to 28 from varied origins including Baltimore Yokohama and Portland. Entries include Toreador, Korea Bear, Simon, Fernbank, Kiyokawa Maru, Santa Cruz, Lumber Carrier, Flying Cloud, Santa Anita, and others with ports such as Yokohama Manila Portland Los Angeles and Baltimore. The document ends with a legal notice.
MENTIONED IN THIS ARTICLE
San Francisco
Toreador
Baltimore
Cotton State
Japan
Horace Irvin
Philadelphia Chastine Macsske
Yokohama
Simon
Offi
Haw
Fernbank
Manila
Johnson
Portland
Progress
Los Angele
Penmar
Baltimore - Amadeo
Santa Cruz
Buenaventura
Tetmh
Gak P
Philadelphia
Philadelpna
Flying Cloud
Santa Anita
Portland Alameca
Coos Bay
Panama
Los
San Trang Eo
Ala
Meira Mari
p.m.Metzen
Tar Heel
Boston
Fleetwood
Guam
Fiores van Buren
Yoko
Castro Valley Chamber of Commerce Meeting and notices
Castro Valley merchants will meet with the Castro Valley Chamber of Commerce Board of Directors at noon Sunday at the Cathey House to discuss the Castro Valley Festival and Community Picnic. The Alameda County Chamber notices list meetings and proposed amendments to Sunset Boulevard. EDWARD K. STANTON City Clerk announces notices and dates for public records and amendments. Non responsible statement and dated signatures appear at the end of the notice.
MENTIONED IN THIS ARTICLE
Castro Valley
Castro Valley Chamber of Commerce
Cathey House
Edze Rd
Castro, i
CV Chamber of Commerce
Alameda County
Bers of Commerce
Sunset Slvd
Harold Fellows
Wyvaral
Bob Locke
Glee
Hayward
Saitmen
Irregularity Stalls Market Amid Profit Taking
WEW YORK UP regularity came into stocks after a two session advance. Profit taking appeared in copper and major sectors led by Magma Kennecott and Anaconda. Motors steels oils and chemicals mostly declined with drops in Polaroid Brunswick-Balke-Collender Gulf Oil and Filtrol. Firestone Tire led gains and Bausch & Lomb rose to 26 percent in its second day of big board trading.
MENTIONED IN THIS ARTICLE
WEW
York
Kennecott
Anaconda
Polaroid
Brunswick-Balke-Collender
Gulf Oil
Firestone Tire
T Up
Bausch & Lomb
Biglboard Trading
Endorsement of $252 million EBMUD bond by Alameda group
Alameda County Industries Inc backs a June 3 election bond for East Bay Municipal Utilities District. Directors say EBMUD must provide high quality water at reasonable cost to a growing East Bay area. The bond would back a ten year project including dams, aqueducts, transmission lines, pumping plants and reservoirs at an estimated $283 million investment.
MENTIONED IN THIS ARTICLE
Hast Bay
Shriner Meeting Set for Tomorrow Night in Hayward
The Southern Alameda County Shrine Club announces the first in a series of monthly meetings to be held tomorrow night at the Rancho located at 1269 Sunset Blvd in Hayward.
MENTIONED IN THIS ARTICLE
Southern
Alameda County Shrine Club
Rancho
Sunset Blvd
Hayward
Hayward Council to Hold La Vista District Work Session
Hayward City Council will meet for a one hour work session at 7 p.m. in City Hall. Engineer Harry Shat will explain how costs were calculated to extend water and sewer service to the south Hayward area.
MENTIONED IN THIS ARTICLE
Hayward
la Vista
Harry Shatto
City Hal
Thaw and Rain Threaten East Flood Peril
Sudden thaw and heavy rain revived a flood threat across the East and Midwest. Rivers rose from the Ohio Valley to New England while California and the Rockies saw showers. The Weather Bureau warned that Northeast flooding remains possible as rivers like the Mokelumne and Consumnes near danger levels and several Missouri and Illinois rivers showed rising waters.
MENTIONED IN THIS ARTICLE
United Press
Midwest
California
U.S. Weather Bureau
Ohio Valley
New England
Atlantic
Consumnes
Mokelumne
San Joajquin
Osage
Meramee
Gasconade
Missouri
Ilinois
Mississippi
South
Middle Atlantic
Anniston
Ala
Charleston
S.C
Medical Memos on Temperature Tolerance Between Genders
The text notes women endure higher temperatures than men and may enjoy hotter dish and bath heat by about five degrees or more. It asks whether a woman's reduced tolerance signals gland changes needing medical evaluation, leaving diagnosis to a doctor per case.
Pleasanton postpones $190,000 drainage bond vote to May
City Council, in a one hour session, tentatively reschedules a $190,000 sewer plant and drainage bond election to May 20 due to a $50,000 west Pleasanton drainage project. Earlier date options May 6 or 18 were rejected.
Surprise Agenda For Lions Club Dinner Meeting
The Ashland Lions Club dinner meeting in San Leandro will feature a surprise program titled Turnabout with elections of club officers. Kenneth Richards, nominations chairman, will present the final report to his committee before voting. Vic McCaul, past president, is the program chairman. Meeting at 7 p.m. at The Stadium Club on 15698 E. 4th St.
MENTIONED IN THIS ARTICLE
San Leandro
Ashland Lions Club
Kenneth Richards
Balloing
Vic McCaul
Stadium Club
E. 4Th St
Obituary for Herbert Taylor Death of local contractor
Herbert Taylor 47 a general contractor died after collapsing at work on Maxwelton Rd Oakland and died en route to Kaiser Hospital Funeral rites at Colonial Mortuary Gardand He is survived by two sons William and James of Belding St Oakland his mother Mrs Francis Kemp of Oakland a brother Joseph Kemp of Sacramento and a sister Mrs B C Ortega of Belding Ave He was a Kansas native and UC Davis alumnus member of Yerba Buena Masonic lodge and Scottish Rite bodies He had lived in the area 30 years
MENTIONED IN THIS ARTICLE
San Leandro
Herbert Taylor
Colonial Mortuary
High
Gardand
Taylor
Belding &T
Maxwelton Rd
Oakland
Kaiser Hospital
William
James
Belding St
Francis Kemp
Joseph Kemp
Sacramento
B. C. Ortega
Belding Ave
Kansas
University of California
Davis
Yerba Buena
Oliver S Roland Rites Tomorrow
Services for Oliver S. Roland 90 of Niles who died yesterday at home will be held tomorrow at Niles Congregational Church. He retired as a Southern Pacific Railroad section foreman after 60 years. A native of Norway, he lived in Ames, Iowa in childhood and was brother to several siblings. Public utilities hearing scheduled in San Jose on proposed bus service reduction by Peerless Stages Inc. Burial by Berge Mortuary follows.
MENTIONED IN THIS ARTICLE
Fremont
Oliver
Roland
Niles
Second St
Norway
United States
Ames
Iowa
Southern Pacific Railroad
Herbert C. Roland
Oakland
Joseph’ J. A iQaim
Sioux City
Ju‘ing
Peerless Stages, Inc
Franka
Kansas City
Louise Roland
Los Angeles
Palo Alto
Centervilles
Anna van Deizer
S.D
Public Utilities Commission
C. W. Kirkpatrick
San Jose
Niles Congregational Church
Thomas E. Daly
Dunne
Berge Mortuary
First Hall
Civic Auditorium
Statewide Weather and City Employees Meeting Report
Fair weather expected across most of California through Wednesday with showers in Northern California today and again in the extreme north late Wednesday. Rain fell in Salinas Valley and Central California. Riverside had trace precipitation. Temperature highs Monday ranged 57 to 65 in Northern and Central California and 62 to 77 in Southern California. San Leandro 58. Lows mostly 45 to 55. First meeting of San Leandro City Employees Association since installation of new officers in January, at 8 p.m. tomorrow in the Public Library Children’s Room, 302 Estudillo Ave.
MENTIONED IN THIS ARTICLE
San Francisco
California
Satinas Valley
Central
Riverside
Crescent City
Eureka
Red Bluff
Blue Canyon
Fresno
San Leandro
Assn., Inc
Los Angeles
Francisco
Estudillo Ave
Mayors urge spending to whip slump in economy
San Francisco Mayor George Christopher, president of the American Municipal Association, urges rapid federal spending on local projects to revive the economy. The plan calls for $2 billion in airport and highway work, sewage treatment, and urban renewal, plus tax cuts for reinvested corporate profits and reviving the Reconstruction Finance Corporation for low‑interest public works loans.
MENTIONED IN THIS ARTICLE
San Francisco
San’ Francisco
George Christopher
The
American Municipal Association
AMA
Eisenhower
Christopher
Washington
Senate Economic Advisory Committee
Reconstruction Finance Corporation
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Financial News World
David Goldeen
Hayward Weinstein
Egg Market
Efiane Ide
Daarge
Ledum
Ship Report
Edward K. Stanton
Ye Yi
William Z. aCe
EBMUD
Pleasanton St
Decota
Albuquerque
Atlanta
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Brownsville
Chicago
Denver
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Helena
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New Orleans
Laklahoma City
Phoenix
Pittsburgh
Red Blutt
Salt Lake City
San Diego
Seattle
Colwyn
la Vista Dist
H. L. Herschensohn
M.D
Santa Rita Rd
Valley Ave
County Planning Commission
Western Sierra Lumber Co
Parks Afb
Pleasanton
City Planning Commission
Walter McCloud
Neal St
Malin St
Railroad Ave
Rose Ave
Main St
McCloud
Rose
Main
Lions Club
Oliver S. Roland
Employes Group
Ann Landart
Ann Landers
Today In the Daily Review
Mfety
OUR
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Esapety
Eee
Pioneer
Investors Savings & Loan Association
Narwaen
Oa Renny
Narwane
Fourteenth ST
Lockhaven
Leerne
Willow Glen
Los Gatos
Monterey
Sunnyvale
Sunset District
Member
Federal Home Loan Bank
Organization
Berkeley Savings Way
Berkeley Avings & Loan Association
Centerville
South Main St
Alia
Berkeley
Oakland-Grand Lake
Walnut Creek
Vallejo