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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Oct 15, 1963
Page
8
Due to mechanical difficulties the listing of prices on the New York Stock Exchange will not appear today. The outage delays quotes across active trading and may affect early morning transactions. Traders await restoration as exchanges work to restore service.
NEW YORK AP Sugars and selected issues showed considerable strength in a mixed stock market early afternoon. Trading was moderately active. Sugars responded to the hurricane that damaged Cuba's sugar crop and cut potential world supply. Anta stocks were fairly sturdy before turning irregular. Steels rose with weekly production at a near three month high.
New York stock moves showed mixed results as oil majors pursue chemical fertilizer ventures. Major deals involve acquisitions by firms such as Union Carbide and Shell, with antitrust scrutiny rising as oil groups expand into fertilizer amid expectations of natural byproduct use and increased demand.
Wall Street chatter notes that the market advance has been led by a few stocks while the broad market remains selective. Small investors hesitate after 1962 losses, awaiting recovery, while large investors reinvest selectively. Analysts suggest cautious policy, some profit taking, and limited new buying as the Dow hovers near major thresholds.
Two New York men agreed to turn state witnesses for the prosecution as five defendants face trial next Monday over conspiracy and fraud linked to the defunct Equitable Plan Co. Joseph L. Seltzer and Joseph Blau will testify, part of a long case that began with 12 officials indicted three years ago. The five defendants waivered juries. others await arraignment or have fled.
UPI reports dairy prices to retailers with eggs priced by cases of 30 dozen in the San Francisco market. The brief notes egg case packaging and price directions for retailers and distributors.
A dense OCR list of fund names, tickers, and prices across many investment houses and mutual funds. Entities include Aberdeen, Nat WSec, Am Bus, Oppen, Chase, Pennsy, Phila Fd, Keystone Funds, Scudder Funds, United Funds, Value Line Funds, Franklin, Morton, and WES. The fragmented data shows bid and ask-like figures, fund groups, and stock identifiers, reflecting a broad market screed rather than a single story.
SAN JOSE AP In a one day volunteer event at San Jose State University the Peace Corps marked its presence with campus activities and information booths highlighting service opportunities and recruitment efforts for prospective volunteers.
In Mexico City AP reports Soviet Ambassador Semyon T. Bazarov denied claims that cosmonauts Yuri Gagarin and Valentina Tereshkova stated Russia would land a man on the moon next year. He asserted no such moon date had been set by the Soviet Union.
Los Angeles AP report describes the deaths of Maj. Gen. James A. Edmundson and his wife Nora, found in their garage with car exhaust in use. Police indicate apparent self-inflicted carbon monoxide poisoning. The article also covers aviation federation remarks and San Jose State College ROTC test results.
Fragmented report notes Mrs Edmundson’s terminal illness and pain while officers mention General Edmundson taking leave from Ramstein Germany for her care. Other entries list ships and locations including Yokohama Port and naval vessels with scattered names and destinations.
Washington AP Republican congressman Oliver Balton questioned if it was improper for Mrs John F Kennedy to accept lavish hospitality from Aristotle Onassis shipping interests. Balton cited a Mediterranean cruise on Onassis yacht and claimed a $20 million windfall from Maritime Administration permission to transfer 14 ships to foreign registry. He added that the Onassis interests now benefit from government mortgage guarantees on four large tankers.
Fresno Fifth District Court of Appeal will decide this week on a suit to halt the November 5 election to decide whether to preserve the old Fresno courthouse or build a new one. The Fresno County Taxpayers Association filed the suit after county supervisors set the vote. A Save the Courthouse Committee circulated referendum petitions seeking to save the old structure.
Washington reports more than 16 million children and about 68,000 private schools observing National School Lunch Week. The program, run by the Agriculture Department, aims to show the lunch program's impact on children, schools, farms, and industry. In related California notices, meningitis deaths linked to Army Fort Ord events were reported, prompting public health actions and recalls of contacts.
The school lunch program, operating 17 years as a non profit, uses 20 percent of costs from the Agriculture Department and state local funds plus payments by children. Needy children eat free. the program supports nonfat milk, dried eggs, and new products like rolled wheat. Last year over $300 million worth of lunches were provided, with about 60 percent bought from local suppliers.
In Cleveland, Ohio, Steel magazine reports likely October steel shipments will exceed September by about 18 percent. Automakers working extra shifts to boost dealer inventories and sales, robust construction activity aided by good weather, and quick deliveries to smaller buyers drive the optimistic outlook.
Julian P. Graham, 77, longtime Monterey Peninsula photographer known for news and nature images, died Monday of a heart attack in Monterey California. He specialized in capturing local scenes and served as a notable figure in regional photography.
Madera man HK, W. Holly, 49, must enter a plea Friday in Superior Court over the stabbing death of Genevia Smith during a peppers dispute. Pathologist says death from meningitis tied to a knife wound. the victim died Oct. 4 after Sept. 22 injuries at her San Mateo hospital.
SACRAMENTO UPI Sen Virgil O Sullivan chair of the State Senate Agriculture Committee says the pesticide uproar is grossly exaggerated He backs a sensible review of the real picture and notes an interim fact finding committee will hold hearings in Sacramento October 23 and 24 hoping industry and state agencies will present reasoned cases.
Services for William J. Weissgerber 74 died Sunday in Concord hospital are set for 2 p m tomorrow at Faith Lutheran Church Castro Valley with burial at Tone Tree Cemetery Hayward. He lived in Danville six years and was a retired painter formerly with the US Navy. He leaves Dorris Schiller Danville Kenneth Schiller Alamo Schiller Twenty nine Palms a brother and sister and four great grandchildren. San Ramon Valleys Chapel Danville in charge of arrangements. Private services were held today for Nellie G Parker 4 died yesterday in a San Leandro nursing home. She lived at 1325 Fargo Ave San Leandro left William Ballou San Leandro and H Gilbert Ballou Livermoore as children. Burial in Fort Madison Iowa. Santos Robinson Mortuary San Leandro in charge. Infant son 36159 LaSalle Drive Newark private grave side services at Golden Gate National Cemetery San Bruno. He died Sunday in Fremont hospital and is survived by brother Eugene and grandparents Mr and Mrs Wayne Fjermestad Newark and Mr and Mrs Jimo Potts Fremont. Fremont relatives of the Roses 1949 Peralta Blvd Fremont in charge.
Emma Wiedemann of San Ramon dies Sunday in a San Ramon rest home. A native and lifelong resident, she lived at the Wiedemann Ranch on Norris Canyon Road and was sister to Mary Vienry Fred Wiedemann and others. She was a member of Danville Grange for over five years and of the Farm Home Deal and Danville Community Presbyterial Church. Funeral services are 11 am at San Ramon Valley Chapel in Danville.
Horton Smith, longtime top professional golfer and Detroit Golf Club pro since 1946, died Monday night after a battle with Hodgkin's disease. He was a member of the PGA Hall of Fame.
Fresno AP reports a Fair Employment Practice Commission district office will open Wednesday to investigate racial discrimination in housing and employment. The state office will serve six San Joaquin Valley counties from Merced to Kern. Lester Lisker of Fresno, a former state park officer, will head the office.
George K. Haynie 65 dies after sudden illness at Valley Memorial Hospital. Private funeral set for Callaghan Mortuary in Oakland with burial at Chapel of the Chimes Cemetery. Survived by wife Magda, son George K. Haynie Jr., daughter Mrs. Bergens Penta, six sisters, and several grandchildren.
The third quarter likely reached a record national output above 9547 billion yearly, with the gain exceeding the first half. The rise surprised the President's Council of Economic Advisers and underpins Walter Heller's forecast that output will exceed 600 billion annually by early 1984.
Wallace Latham of 1764 Via Lucas San Lorenzo died Sunday at the Veterans Hospital Marlinez a Kentucky native and longtime San Lorenzo resident he worked as a civilian chauffeur for the US Navy 13 years He was a deacon at Village Baptist Church husband of Olelia and father of Maureen Ronald and Waleen Burial will be at Golden Gate National Cemetery San Bruno Rev J Terry Young will officiate at 1 pm services Becken Road Channel Street San Lorenzo Friends may call Pratt-Flier Mortuary Hayward until 11 am tomorrow
Death notices from Hayward San Lorenzo and Danville honor Maris G Jalgado and multiple relatives. Survivors include Manuel Gonsalves DaValle and Francisco Gonsalves Dolalle, along with in laws Ester Batista Salada and Rose Salvardo. Services set for October 1989 through October 1963 dates. interment at Golden Gate National Cemetery. Also noted are Wallata Latham, Emile Wiedemann, and William Weiscerber.entes
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