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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
May 24, 1966
Page
5
A dense OCR listing shows various investment funds and securities with prices, yields, and holdings. Names like Dreyfus, Lazard, Scudder, Fidelity, and Gilt are scattered among fund categories, equities, and mutual funds, reflecting a broad snapshot of fund performance and holdings for investors.
Dividend payments boosted investor sentiment as market volatility persisted. A notable increase in records indicates cautious optimism, while several sectors faced pressure from inflation. Analysts cited plastic industry demand shifts and energy costs affecting overall performance.
New York stocks edged higher for a third straight session as airlines led a broad rally. Trading remained active with about 7.5 million shares. Major gains came from Teledyne Xerox Northwest Airlines and Fairchild Camera while New York State Gas & Electric fell on a large block.
New York AP notes selected stock transactions on the New York Stock Exchange with 1:30 p.m. prices. The Treasury asked Congress on Monday to raise the debt limit to $332 billion.
The Senate approves shifting U.S. loan authority amid the debt ceiling debate as Congress faces a June 30 deadline. Rep. John Byrnes blasts the wan transfer bill, arguing the debt ceiling is meaningless and opposing new limits. The House will consider the proposal with no GOP support.
Groundbreaking marks start of Fisher Mattress Co. plant construction on Industrial Boulevard Hayward within Seaver Industrial Park. A 38,000 square foot concrete building with land and equipment estimated at 400000 will employ 30. Plant to operate by year end, moving from San Mateo. Fisher Mattress, franchised Spring Air maker, is family owned led by Leon R. Fisher. Spring Air operates 33 U.S. plants plus two in Canada and one in Mexico. HQ in Chicago. Harald Boyd of Los Altos is builder.
The Safeway expansion in San Leandro brings 23 employees to the new store at Hayward and Doolittle, with Andrew P. (Andy) Oakland named as assistant manager and Petros Castro Valley rising from meat clerk to produce department manager. The project's staff is expected to earn about $175,000 annually, under supervision by Cyril F. Bolton and Jerry BD. Sumner.
Maritime notices list multiple vessels bound for Los Angeles and other ports. Listed ships include HOEGH ELAN, NORWEGIAN, SANTA ADELA, TENNESSEE MARU, TOSAHARU MARU, and MISA, with destinations and pier references at Los Angeles and surrounding harbors. The text reads like a cargo and arrival schedule with ship names, nationalities, and pier numbers.
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