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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Apr 02, 1952

Page

6

Stocks Fall as Oils and Rails Lead Weak Market

The New York stock market opened lower with oils and some rails dragging the averages. Losses ranged from fractions to about a point, while a few areas showed gains near a point. early trading was active but cautious amid steel dispute uncertainties and lack of steel activity.

New York Beapacca Esa M & van Murliar Ureinewert Nataleis Auto Fe de Pe Acscon Ares Ares Bu 1 22 A | Ftren Cel Anmco Ad Armour Florida Arma Arne Ca Bnetti al Owens Bae Butte Co Byron Chicago Brice Mautcher Seiknt Boss Cadlee Checker Balable Ross Neg Burtwad Chiat Shon Houd Siren Edium Sida Revere Cab Lion al Anid Scranton Genarn Doris Dukene Beach Sire Department Euean Neo Prase Saal Broadway Orange Ave Gardenia Ambue Ocean Pine Baston Americar Clarecont Ambu Fifth St Olive Ave McGraw E Sera Ei Brass Jeveaser Alben Pl Devenport Wednesdaf A.m W. Bixth St Ambulance Eh Potts Sanorem Sintde

Market Gains and Losses Amid Steel Strike Fears

Stock movements show gold issues advancing after a noon buying surge with Homestake Mining Dome Mines McIntyre Porcupine and South American Gold and Platinum leading gains. Major declines include Santa Fe Union Pacific Dow Chemical General Electric U S Steel and Montgomery Ward while Northern Pacific Consolidated Edison Eastman Kodak Amerada Petroleum Chrysler and U S Rubber rise. Wall Street fears steel strikes and a Stalin cable delay defense spending growth, with curb market trading mixed among oil and chemical issues.

Homestake Dome Mines Mcintyre Porcupine Santa Fe Union Pacific Standard CW Texas Pacific Land Trust Eastern Air Lines Kennecott Copper Dow Chemical General Electric U. S. Steel General Motors Montgomery Ward Northern Pacific Consolidated Edison Eastman Kodak Amerada Petroleum Chrysler U. S Rubber Wall Street Stalin British American Oil Calvan Canada Southern Oils Imperial Oil Woodley Petroleum American Superpower Eureka Corp. Ltd International Petroleum

Butter Eggs Poultry Federate State Market News Summary

Prices to retailers for butter eggs poultry are listed with grade designations and carton packaging notes. The document appears to compile wholesale and retail price representations, market terms, and consumer-facing details while noting costs and payment terms.

Selaheterprete Enzten

Treasury Report Fragment Highlights Fiscal Year Totals

Treasury report from Warhinton dated April 2 shows mixed fiscal figures with receipts and expenditures for the prior year. It lists year to date totals, annual budget receipts and disbursements, and comparisons to previous periods, though many numbers are garbled. The document references fiscal year July 1 to June 30 and includes large totals in dollars with multiple line items.

Treasury Report Warhington Treasury Naren Skreppendiog Ustons

Dividends and July Dates in Regional Notices

The readable fragments outline dividend dates from May into June and June 12 to June 3, with references to Glenmore District and ABEL BOeApHT. Mentions distilling and municipal notices surface, but precise actions and entities remain unclear.

Apzsit Glenmore A&b Abel

Hay Prices at AaratCrate EF Market

Sales data lists hay prices with confusing text but shows two green bales priced at 43.00 and 44.00, and another item at 53.00. The fragment indicates a commodity market listing with unit prices and a service label.

UB . S.no

NYSE Transactions and Market Roundup Report

The report outlines evening stock exchange figures and market mood with references to commodities and livestock prices. It notes varied movements across sectors including industrials and agricultural items, with quotes indicating price changes and notable activity in Chicago and Los Angeles markets.

Kaiser Frazer Wins $3 Million Judgment in Delaware Case

A Delaware Superior Court jury awarded Kaiser Frazer Corp. 3,232,529 dollars. Defendants Otis and Co. officers Cyrus S. Eaton and William R. Daley settled yesterday. The suit claimed Eaton and Daley induced Otis and the First California Co. to breach a contract to buy 675,000 shares of Kaiser Frazer stock for 7,762 dollars per share.

Wilmington Del Kaiser Frazer Corp Delaware Cyrus S. Eaton William R. Daley Otis and Co Cleveland Daniel L. Herrman Kaiser Frazer Eaton and Daley Otis First California Automobile Leas Pal

Senate Rejects Bible and Flag Tax Exemption Passage

In Sacramento on April 2.02 the Assembly approved bills exempting the Bible and the U S flag from state sales tax were rejected by the Senate revenue and taxation committee yesterday.

Sacramento U. S Senate

Europe Writers Laud the Report on Eisenhower Campaign

European editorial writers across Paris Hamburg and London praised General Eisenhower for his annual SHAPE report. They viewed it as a policy statement guiding his bid for the Republican presidential nomination, with The Times calling it a tribute to his common sense and grasp of essentials.

Paris Gen. Eisenhower Hamburg London Times Eisenhower Europe

Akron Bus Strike Fifth in Eight Years

Akron Ohio April 2. About 450 CIO Transport Workers Union bus drivers and 100 AFL mechanics walked off the Akron Transportation Co. to press for pay raises. The annual city bus strike has occurred five times in eight years, the longest in 1948 lasting 26 days. Mechanics seek a 42 cent hourly pay increase on average.

Akron Ohio

Two More High Czech Reds Ousted in Purge

Vienna reports indicate the months old purge of top level Czech Communist officials widens as Stanislav Baudys and Antonin Bina are removed as deputy security ministers. Ladislav Kopriva was ousted earlier in January, reportedly on his own wish.

Vienna Prague Stanislav Baudys Antonin Bina Ladislav Kopriva

Man Dies When Porch Steps Break In McCrory Arkansas

A 66-year-old man, John Russell, sought shelter on a decayed front porch near McCrory. The porch collapsed as he stepped on it, the boards giving way and trapping him. His body was recovered the next day. A physician cited a heart attack or aation as the cause of death.

Mccrory Ark John Russell

Wilson bows out as mobilizer after long service

Washington watched Charles Wilson, 66, ex mobilizer of defense, quit his post after leading defense production since 1951. He faced labor conflicts and inflation controls, then held a final news conference at 5:02 p.m. amid thanks and reflections on production progress.

Washington Charles Wilson Lizer Defense Jack Wilson Wilson Cre Truman Mobilizer General Electric Company Wage Stabilization Board WSB CIO

Hallinan Jailed and Film to Campaign

Vincent Hallinan lawyer for Harry Bridges and Progressive Party hopeful for President is jailed awaiting transport to federal prison. A film to promote his campaign will be shown during a six month contempt sentence. Bridges, free on bail, faces appeal after a perjury conviction at his naturalization hearing after a Reno wedding in 1932. James McInnis, to surrender April 15 for three months, was also cited in earlier court disobedience.

San Francisco Vincent Hallinan Harry Bridges Progressive Party United States I Hallinan Vivian Reno Hallinan Bridges Longshore Union James McInnis McInnis

Bail Out Denied Dope Ring Suspect

A Minneapolis man described as the trigger man for a nationwide heroin ring sought bail reduction from 25 000 to 10 000. Judge Louis E Goodman left bail at 25 000. Federal narcotics officer Henry L Giordano reported guns and burglar tools found at Reynolds home in Minneapolis. Five of the 23 indicted have pleaded guilty.

San Francisco Minneapolis Robert L. Reynolds Louis E. Goodman Henry L. Giordano Sheeynolds Minneapoli

Neo Nazi Leader Denies Hazardous Device Plots

FRANKFURT April 2 UP A leader of the SRP says no party leaders urged perilous actions against top West German officials. Westarp cites a thwarted plan against Chancellor Adenauer last week that injured a policeman and a letter bomb sent to Dutch representatives, warning the group may accept force if outlawed.

Frankfurt Germany Socialist Reich Party SRP Wolf Westarp Westarp Konrad Adenauer Poiceman Hague

Tax Collections Up Seventeen Percent in Southern California

Los Angeles April 2 1952 federal tax collections in Southern California for January February and March rose 17 percent over the same period last year. Collector Robert A Riddell announced the total reached 453 400 481 compared with 395 060 183 a year ago. The rise includes income tax social security stamp taxes and other federal charges.

Los Angeles Uncle Sam California Robert A. Riddell Calitinal

Flagstad Receives Farewell Ovation at Met

New York April 2 GP Kir sten Flagstad 56 received a farewell ovation at the Metropolitan Opera with 13 curtain calls. The soprano, nearing retirement to a Norwegian villa, sang Alcestis in her second farewell appearance in two years. She plans a European tour after April 15, with recital stops in Manhattan Kann Houston Springfield and Chicago.

New York Kirsten Flagstad Metropolitan Opera Norway Met Gluck Mme. Flagstad Manhattan Kann Houston Texas Springfield Mass Chicago

Ex Foreign Service Man Found Dead in Belvedere

Belvedere Calif April 2 A man identified by coroner s officers as Thomas Anderson Hickcock 45 formerly a U S Foreign Service inspector was found shot to death yesterday in the home of Mark Watson 44 a former British diplomat Deputy Coroner Harold Keaton said Hickcock apparently killed himself two days ago Keaton said papers were foundeatin Hickcock had been under terrific mental strain but did not explain further Officers said Watson was absent on a trip to Los Angeles and Colorado

Belvedere Calif Thomas Anderson Hickcock U. S. Foreign Service Mark Watson Harold Keaton Hickcock Keaton Watson Los Angeles Colorado

Retired farmer to wed Petaluma nurse after 13 years single

Jippe Christiansen, 73, plans to marry Marian C. Iversen, 50, a Petaluma nurse, in Fresno this week. Both will mark their first marriage. Christiansen said he chose to wed because living alone became too hard after years as a bachelor.

Christiansen Marian C. Iversen

Also Mentioned on This Page

L. A. Stocks Walker Bisnot Amana Corp Boisa Gonselid Mines Erisa Wyne Emaco Dar & Bq Co Eign Alrera Glad Indeo Sreogst Pete Ataroleum Lavells Hascot Aerobants Finance Times Shell Sbien Sunray Ol Corp Pransameric Pd Alaska Develoni EE Huston New York Stock Exchange Tedey Dow, Jones C. E. Wilson BY James Marlow Flagstad Foreign Service Fresno Jippe Christiansen
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