Standard Oil Calif reports strong third quarter results
Standard Oil of California announces third quarter net income of 75.4 million dollars or 1.19 a share, up from 68.3 million or 1.08 a share last year. Nine months net income reaches 21.8 million dollars or 3.35 a share. The company declares a 50 cent quarterly dividend payable December 10 to holders of record November 8. Third quarter sales and operating revenues total 420 million dollars, 54 million more than 1956. Capital and exploratory spending for 1957 runs about 8 million dollars ahead and will exceed 400 million dollars this year.
MENTIONED IN THIS ARTICLE
San Francisco
Standard Oi Co
Follis
Congressmen Inspect Ports Tour Long Beach Harbor
Members of the House Public Works Committee led by Rep John C. Kluczynski toured Long Beach and Los Angeles harbor facilities aboard the SS Shearwater. They examined dredging needs and flood control, noting West Basin shoals hinder expansion. The group included Rep Russell Mack and other members as local business clubs praised harbor development efforts.
MENTIONED IN THIS ARTICLE
House Futule Works Committee
Long Beach
Los Angeles
Iitfornia
John C. Kluczynski
Finois
Russell Mack
Washington
Edward Dockweiler
West Basin
Ohn Parkinson
Congress
Basin
Kluczynski
Chambers of ‘Commerce
Rotary and
Kiwanis Clubs
Long Beach Harbor to Become World’s Largest Port
A California legislator notes potential growth due to population migration as a harbor group, after visiting San Francisco and San Diego facilities. They sail with ten committee members for Honolulu aboard the Matsonia from Wilmington to continue inspections.
MENTIONED IN THIS ARTICLE
California
San Franccisco
San Diego
Honolulu
Matsonia
Wilmington
Postmaster Hugh P. Cooper Dies in Los Angeles
Albuquerque postmaster Hugh P. Cooper, 61, died suddenly in a Los Angeles hospital after a heart attack. He collapsed Thursday morning and had seemed to be recovering before his death at about 7 30 am local time.
MENTIONED IN THIS ARTICLE
Albuquerque
Hugh P. Cooper
Los Angeles
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Axos
Shales
Sael
Standard Oil
Kenneth Gray
Winds
Edwin B. Deeley
New York
Emmett F. Byrne
Twinsis
Bernard J. Caughlin
Las Anort
Mons
United Neighbors
Pay & Fall Out
Miracle Blend
Grant
Rylon
Fiofeed
Grant Co
Lakewood Blvd
Lakewood Center
Atlantic Ave
Bixby Knolls Center
Winstead Loire
Winstead's
Sagt
Ironicas
Winsteads
Theil
Hi ‘Sweede
His
ARGUS
Polky. Renerens Rail
Winstead Bros
Pine Ave
Praca
Newra I
Bell
Howell Ree
Annoyl
Intel
Salocrion Shonger
Hue Asking
O Keoutiha
Bwfugreat
Veer Khriinmas
NS Beta
Erie
Los Angeles Harbor
HOV
Ibe Teat
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