Banking chief warns against fighting dollar with higher rates
Federal Reserve Chairman Arthur Burns told the Senate Banking Committee that raising interest rates would not meet long term needs at home or abroad. He urged price stability and a possible incomes policy to curb wages and prices while supporting dollar strength, noting Nixon aides share cautious views on tightening money.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Arthur ¥. Burns
Arthur F. Burns
United States
Pleasanton chosen for Bay Area directory assistance center
Telephone has filed a plan to build a 22 000 square foot directory assistance center in Pleasanton serving Bay Area cities, with completion slated for 1973. The site on Black Avenue near Santa Rita Road includes parking and a small 29 person starting 24 hour workforce, expanding to about 380 at peak with 180 during peak hours. Architect is Jack Bras of Pleasanton.
MENTIONED IN THIS ARTICLE
Pleasanton
Pacific
Telephone
Bay Area
Area Telephone
Ken Mercer
Livermore
Black Avenue
Santa Rita Road
Mercer
Intalon
Jack Bras
Stock market soars as Dow gains 6.39 points at noon
The Dow Jones industrial average rose 6.39 to 925.43 in moderate trading. Advances outpaced declines about 2 to 1 on the New York Stock Exchange amid investor relief after recent declines. Analysts cited relief over Fed chief Burns remarks and a firmer outlook for rates, with most sectors higher except utilities and motors.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
OBITUARY LIST FOR SOUTH COUNTY AREA DRAWS NAMES
A batch of death notices from South County lists PEGGY BAINBRIDGE aged 65 of San Leandro died May 19 with services tomorrow at Santos Robinson Mortuary. MANUEL S. BALTHAZAR 80 of Hayward died May 20 with a Requiem Mass Saturday at All Saints Church. Others include PLEVER BEIER 88 of Castro Valley, KATE BICER 79 of Newark, and WILLIAM A. SILVER of Lakeport died May 1 with multiple family details and funeral plans. Additional notices cover ELLEN M. ERICKSON 86 of Hayward, CYRUS C. FERGUSON 74 of Castro Valley, ANITA LUND 63 of Newark, MANUEL C. SHARKEY PHILLIPS 67 of San Leandro, and PETE BEVER of Castro Valley among others with Rosaries, Masses, and interment at Holy Sepulchre or local cemeteries.
MENTIONED IN THIS ARTICLE
Peggy Bainbridge
San Leandro
Santos-Robinson Mortuary
Lae Estadiilo Ave
Manuel S. Balthazar
Hayward
All Saint's Church
Rosary Tomorriow
Sorensen Brothers
Plever Beier
Castro Valley
Sacramento
Albert Silver
Nevada
Carpenters Union
Calif
Hayward Mortuary
Mission Blvd
Heyward
AME Saints
Holy Sepulchre Cemetery
Ickson
Ellen M
Eric E
Sai
Christ Lutheran Church
Hacienda Ave
San Lorendo
S. Eael Jonagoh
Sorensen Bros. Mortuary
Strel
Chanel
San Francisco
Louis Savarese
Vincent Savarese
San Lorenzo
Loyal Order of Moose
Jerri
Order of Eagles
Teamsters
California
sAission Blvd
AM Saints Church
Tne
William J
Adtie
William G. Ratndy
Haywards
Lovina Bathor
William J. Hathode Jr
James David Patheda
Elvin Pindle
Fremont
Kerwigns
Inlaston Blvd
Holy Senulghea
Project Eden
P.O
Ellen M. Erickson
Christ Lutheran’ Church
Sorensen Brothers Mortuary
Cyrus C. Ferguson
Golden Gate National Cemetery
Chapel of the Valley Mortuary
Lake Chabot Road
Anita Lund
Newark
St. Edward’s Church
Memorial Chapel
Newark Blvd
Manuel C. (Sharkey) Phillips
St. Leander's Church
Sentos Robison Mortuary
Estudillo Ave
Bever
Peter
Castra Valley
Anna J. Beler
Elenore Beler
Helen B. Mattson
Lloyd W. Maltzon
Sherrill A. Mattton
Barbara XK. Rocha
Livermore
Gail B. Mulkey
San Jose
Denmack
Jess C. ‘Spencer
John II
Isabel Zbabitel
Greadfother
Lodge Laska
WBFA
Oklahoma
Czechoslovakia
Newark Memorial Chapel
St. Edwards
Holy Sepulchre
Gorden Dy Lindsay
Hayward plant unveils new metal fabrication facility
Armando R. Garza plant manager and Mrs. Carol March company president showcase the new Davis Court facility to Robert Graham and Richard Bohn. Garza details operation of the largest brake press and muscle machine in Northern California at the Hayward plant, part of Cabot Cabot Forbes Hayward Industrial Center. The $500,000 investment supports 35 employees as a modern addition to the industrial complex.
MENTIONED IN THIS ARTICLE
March Metalfab Inc
Armando R. Garza
Carol March
Davis Court
Robert Graham
Hayward Chamber of Commerce Industrial Committee
Richard Bohn
Hayward
Garza
California
Cabot, Cabot & Forbes
Modular housing means progress says Romney in Kalamazoo
Housing Secretary George Romney compared modular housing to early auto industry growth predicting 75 percent of U S housing to be produced on assembly lines within a decade. Levitt Building Systems unveiled the first modular unit, with 83 planned for Kalamazoo and 28 for Seattle, priced at 20000 to 25000 dollars.
MENTIONED IN THIS ARTICLE
Battle Creek
Mich
George Romney
Romney
Kalamazoo
Levitt Building Systems, Inc
American Motors Corp
Savitt
Charles I. Biederman
Levitt
Operation Breakthrough
Detroit
Seattle
Kalamazo Biederman
Bad checks and safeguards outlined by Wells Fargo official
Wells Fargo investigator Ed Croak told Dublin Chamber of Commerce that last year six thousand check forgery cases occurred and California merchants reported 500 million dollars in bad checks in 1968. He urged precautions: know endorsers, require multiple identifications, beware forged IDs and cards, set check limits, and keep contact info for returned checks. If a check bounces, merchants may pursue civil action, collection, or report to authorities.
MENTIONED IN THIS ARTICLE
Dublin
Wells Fargo
California
Ed Croak
Wells. Fargo
Crook
Dublin Chamber of Commerce
Ward's San Leandro names John Stokes manager
Herbert E. Rademacher the Bay Area metropolitan district manager announces John Stokes as manager of Montgomery Ward's San Leandro Alvarado store. Stokes rises from building materials salesman in 1960 to merchandise manager in 1970 and previously ran the Alvarado Avenue facility. He resides on London Avenue with his wife Donna and three children.
MENTIONED IN THIS ARTICLE
San Leandro
John Stokes
Montgomery Ward
San Leandro-Alvarado
Herbert E. Rademacher
Ward
Bay Area
Wayne Fuiak
Sant Leandro-Bayfair
Stokes
Alvarado Avenue
Ward's
Oakland
San Leandrr Masonie
San Francisco
Navy
Donna
London Ave
Private phone firm sues Bell in Illinois suit
Arcata Communications Inc. of San Francisco files a 6 million dollar federal suit against Illinois Bell Telephone alleging unfair business practices. The complaint claims Bell attempted to convert Arcata customers to Bell is system and installed defective materials to harm Arcata equipment and misused customer locations to pivot clients to Bell.
MENTIONED IN THIS ARTICLE
Chicago
UPI
San Francisco
Illinois Bell Telephone
Arcafa Communications Inc
Bell
Arcata
Bell System
Bell Lines
Mervyns to Build Dublin Department Store
Mervyns plans a 5000 square foot department store in Dublin. Construction begins this month at the Dublin Boulevard and Regional Street corner, by Carl Harvick & Co. Rhodes Western will open nearby. The site lies on nine acres adjacent to Pay Less and Albertson's, with completion expected in November for the Christmas season. Mervyns is based in San Lorenzo with Bay Area outlets.
MENTIONED IN THIS ARTICLE
Dublin
Mervyn's
Carl Harvick & Co
Dublin Boulevard
Regional Street
Rhodes Western
Amfac
The
Albertson's
San Lorenzo
Bay Area
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