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Independent in Long Beach, California

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

May 03, 1975

Page

17

California Banks Report Mixed First Quarter Earnings

California banks show varied first quarter results with Union Bancorp posting net income of 3.78 million down from 4.97 million as loan loss reserves rise and non accrual loans increase. Bank of America and Security Pacific report solid gains, Crocker National posts a historic quarter, while Southern California First National Bank lags due to lower rates and high liquidity. Major banks across the region improve versus 1974, led by Bank of America and Crocker, with several Japanese banks contributing gains.

California Southern California First National Corp San Diego Richard Silberman Southern California First National Bank Security Pacific National Bank Western Bancorporation Los Angeles Bank of California Crocker National Corp San Francisco Crocker Bank Crocker United California Bank Callifornia Sumitomo Bank of California Bank of Tokyo of California Manufacturers Bank Central Banking System, Inc Oakland First National Bank of San Jose SeaFirst Corp Seattle Valley National Bank of Arizona Phoenix United Banks of Colorado, Inc Denver U.S. Bancorp Portland Arizona Bank First National Bank of Oregon New York Boater Cp Enterey Sys Mpus Cas Motherhd Mater BW Ask nonMills NewberyEn Nptech S AmNatinsur Ruirclesealc Siapeciffic CalWestLife ChubbCorp Congress Co Onn General Amer Paccarinc Pac Coast Ae Eldorado Genomputer Mach Pac Empire General Cornet FarmersGrp Dana Labs Va P. PacGamRo FarmersNew Data Design Lab Pac Lamb Idelity Cp PacScientify FirstAmFin Alum Inc Va Pac Univc Delta Calif Ind Pauley Petrol Pe Ps First Executive DeluxChk Pr PenGasWat FranklinLife Dentalioy PennzoilOfcom GenRevisur PermaBilt HonovrFire Ah Baivers EarthSci ‘A PettiboneCp MercuryGen Minguezw NW Phone Mate Inc Monaro Cap Oyle Dane Bn Pinehurst Corpes NatWesta Life Drewry Photoch Plasmachem Ma Va Nationwide Lf LD Comun la Productal Chem Dia Penn Life Co P VO Inter Phila Life Idon Industries St. Paul Cos Feco Co Raypak Spac Inc Sovereign Life Surety Life Nvtrodyne Inc Indust Unicon Technol Revell Vice Corp Garnest Hahn Zenith Nat Ins Verest Jen Ind San Banks FamilianCorps Rocket Research 3Aarmer Bro Ryki irstTravel Ma ‘CenBanking SecurPacCp Health Soc Calif Southwst Leasng SumitomoCal Spectral Dynam VaiNatPhoen Financial Sportscoach Cp Utah Raphidyne Cp Stang Hydronics Ba Capital Alliances Ardian Pk Starlite Indust Ambg Hamiets State Explorat Jariyn Indust Hawthorne Inds Sa Mercury Sv&Ln S Immuno Science Sa Acushnet Alintermark Inc mtiAlumin Air California Textoneinc Alex Baldwin Video Corp Thermal Power Allergan Pharm Vensen Indus Tom Brown Inc Allyn Bacon Transco Co Altius Corp Urgensens Transocean Amer Expr Aiser Stee Triangle Corp Amer Greet Aiser St Pt Trico Prod la Amer Marine Ltd Tridair Indust Ansaie Lec United Come Co Am Telecom Eystone Cust US Bancorp Anhust Busch Rates Inc Pahone Morel Sia Aps. Inc van Ley Gas Arden Mayfair eLeroy Corps Vanier Graphics Arden Lincoln Mortiny Viking Industry Argo Petrols Inc Mort In An SA VircoMftg S Assoc Arrow Hart Indal CedarHo I's 1612 MasonCntry Safari Ita Walker Scora Atlas Hotels Ogicon Inc Hind Ph Los Alamitr Lumberman Ace Warn Barrys Jewelers Tie Macrodata Corp WashNatGs le Baskins Robbins Ima Energy Wavetek BaylessMkts Zazarinc Mallinckrdtaa WesternGear Tse Ts Bekins Co MaiilndPine WesternPac Fin Bentley Lab Maxon Indust Vq WesterCoal Berkshire McMoran Wincorp Zions Ut Banc

Industry Week says U.S. steel inventories shrink faster than expected

Industry Week notes U S consumer steel inventories are falling at 1.5 million net tons monthly, quicker than forecast, signaling a June pickup in orders and a stronger third quarter. First quarter shipments totaled 22.6 million tons, 1.4 million below early estimates, as demand remains uneven across heavy and sheet products.

Cleveland Industry Week U.S Magazine For Managers Japan

TRW unveils first online check verification for supermarkets

TRW Data Systems installs a computer based system to weed out bad checks in grocery chains like Boys Markets. The program uses driver license bank account and store ID numbers to track customer check history across units, preventing insured theft and reducing check cashing losses despite added deposit costs.

Californa TRW Data Systems TRW Barnes

No-fault auto insurance explained and debated

Insurance underwriter James Griffith explains no fault limits and how payouts work across states. He notes the balance between lower costs and potential loss of court awards, with California considering a bill and concerns about personal responsibility and high costs.

James Griffith Long Beach City College Griffith Massachusetts South Carolina New York California Brown

Savings inflows set record in March for 11th district S&Ls

The Federal Home Loan Bank of San Francisco reports March inflows for Arizona, California, and Nevada S&Ls at 845 million, up 171 million from February. Interest credits reached 537 million, boosting savings balances by about 1.4 billion for March.

San Francisco Arizona California Nevada Savings and Loan Associations Federal Home Loan Bank of District S&l

Solar Energy Expands Across Colorado Springs Projects

Suna utility expands solar energy for heating and cooling. Solar heat collectors spread to schools homes apartments and businesses. Colorado Springs expects to complete initial phase of its solar energy initiative by end of 1975.

Colorado Springs

Investment Trust Prices and Fund Listings

A fragmented listing shows various investment trusts and funds with quoted buy and sell prices, fund names, and performance figures. It includes references to growth funds, income funds, and specific fund managers, along with scattered numerical values indicating share prices and net asset values.

Eaton&. Howard Balancharge Grwth AGE Fond Speci Aden Anchor Group Fst Investors Incrne i di Spectr 414 45Sincom Fo Imoy Fst Mit Audax Figmine Berger Axe Houghton Lem Fa Fond Cap Pres Mianl Pilot Centry Hamilton Groth Incom Hart Gm Incom Hart Lew

Also Mentioned on This Page

Long Beach Independent, Press-Telegram Union Bancorp Banks Big and Small Bank-America Corp Bofa Security Pacific Corp Wells Fargo & CO Wells Fargo Bank Richard Cooley Wells Fargo BanCal Tri-State Corp Allis-Chalmers Corporation West Allis Wis Waterford Louisiana Power & Light Company UPI Inperewpenr Press-Telegram and Robert Beckman Save For You & Your Employees Bixby Knolls sTos Lang Goh Dan Barnes Suna Utility
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