Business and Industry Week Summary
Production rates rose in key lines as year start cuts in taxes and excess profits fed activity. Du Pont gains despite sales dip, GE hits record first quarter earnings up 42 percent, and Douglas Aircraft nearly doubles profit. GE plans 175 million, Union Carbide 120 million, Erie System expands at two billion annually. Easter buying strong. Fed, Gimbel post higher year sales. Penney adds 93 stores. Auto output climbs to 146,000. Chrysler sees fierce competition. Steel scrap firmed. power output up modestly. Job market shows slight gains, grocery sales up 3 percent. Commonwealth Edison to spend 425 million. overall Q1 activity down 3 percent from last year.
MENTIONED IN THIS ARTICLE
New York
E. I. du Pont de Nemours & Co
General Electric Co
Douglas Aircraft Co
General Electric
Ralph Cordiner
Union Carbide & Carbon Corp
Federated Department Stores, Inc
Gimbel Brothers
J. C. Penney & Co. Dry Goods
General Motors
L. C. Colbert
Chrysler Corp
Dodge
Iron Age
Westinghouse Electric Corp
Paul $. Willis
Grocery Manufacturers of America
Commonwealth Edison Co
Chicago
Chase National Bank
Trend of Stock Prices for Past Week Analyzed
Market indecision lingers as Big Four Geneva talks loom. Short interest hits a high since 1932 while top grade stocks show solid earnings growth and lower grade stocks lag. GE first quarter earnings rise but sales dip. defense cuts hurt. Rail volumes shift from bear to bull as analysts favor several eastern lines amid a possible commodity top.
MENTIONED IN THIS ARTICLE
PAL HK Macgregor
E. F. Mutter & Co
They
Big Four
New York Stock Exchange
General Electric
EPT
Wold
Wall St
Atchison, Atlantic Coast Line
Denver & Rio Grande
Gulf Mobile & Ohio
Holiness Central
Kansas City Southern
Rock Island
Seaboard Air Line
Southern Pacific
Southern Bathway
Western Pacific
Harply
Texan birth and stock tips mingle in odd clipping
A garbled notice mentions a Texas birth tied to Air Force Lt. Thomas W. Youngman and veers into stock guidance. It cites Stone & Webster paying $2.00 annually with an 8 percent yield, and notes Northern Natural Gas and Pain stocks with a sluggish natural gas market. The piece hints at rate increases but remains unclear and fragmented.
MENTIONED IN THIS ARTICLE
Reno
Nev
Itip
Air Force
Thomas W. Youngman
Texas
Stone & Webster
Northern Natural Gas
Vital Statistics Marriage Licenses List Fragment
A garbled Vital Statistics list shows numerous names and addresses for marriage licenses. The readable items include diverse individuals and locations such as Los Angeles and Walnut Way, with repeated street addresses and scattered names like Daisy Ava and Donald J. Carter. The text is highly corrupt but indicates a public records note on marriage licenses issued.
MENTIONED IN THIS ARTICLE
Stener Tr
ULB
Cucrad
Atlantin
Elnia
Boxtater
Pan Am Fair to Offer Free Shows Nightly
The Lakewood Pan American Fair will feature free entertainment nightly with matinees on Saturday and Sunday. Ed Miller, entertainment chairman, says Texas Tiny will perform at 2 p.m. Wednesday to open the fair at Candlewood Street and Lakewood Boulevard. The Miss Lakewood winner will be crowned Thursday night, with Baker Variety Show on Friday and Saturday nights. Saturday 2 p.m. features Jackie the Chimp and Maddson’s Wonder Dogs, and ten bicycles will be given away.
MENTIONED IN THIS ARTICLE
Lakewood
Ed Miller
Texas Tiny
Candlewood St
Lakewood Blvd
Baker
Jackie the Chimp
Madson
Wonder Dogs
Divorces Filed and Entertainment Show Details
Local notices report divorces filed and a Sunday schedule referencing the Ferber Variety Show. Details mention Renee Barton and Samer, with entertainment times around 3 and 9 pm, and a note about a program change affecting Anitne the Ferber Variety Show.
Building Permits And Circulars From The Market News
A garbled Los Angeles bulletin lists building permits and circulars with mixed pricing and contractor activity. It mentions deliveries, carton prices, poultry products, and various contractors with dollar amounts, dates, and addresses, reflecting a chaotic mix of permit notices and market details.
MENTIONED IN THIS ARTICLE
Mackey News Service
Los Angeles
Ratalio Crien
L. A
X. Lge
Lae
Meda
Annas Sigal
Bone
Tang Bulls
Divorces Granted in Long Beach Area
Summary of noted divorces and annulments including parties such as Irene from Claroars and Josephe Marcarel, Mary from Charles DB Aer teom, Zinorn KB from Kenneth A, and Jo Abn from Ralph Ty. Annulments listed for Charles W. from Gwen dolyn.
MENTIONED IN THIS ARTICLE
Long Bea puyUa
Arelta Trove Pienurt Priddy
Irene
Claroars
Hows W
Josephe Marcarel
Fem Gerke
Atrees
Mary
Charles DB
Aer Teom
Anna We
Osae—Stonaray
Carmen
Zinorn KB
Kenneth A. James
Jo Abn
Ralph Ty
Long Beach
Horn
Charles W
Gwendolyn
New Library Plan Urgently Placed On List In Lincoln Park
A proposed thin public library, deemed merely desirable, was advanced to urgent by the funds and priorities subcommittee of the Citizens Committee for Public Improvements. Crowded conditions at the existing Lincoln Park library were cited as the main reason. estimated cost 85,224,875 to be funded from the Public Improvement Fund. The location is the block bounded by Fourth and Fifth Streets, Pacific and Cedar Avenues. The subcommittee referred two other projects to the full committee for study of financing from tax and oil money: a 5,000,000 citywide street lighting modernization and 6,008,752 for Water Department improvements. The committee will meet next Friday at 10:30 a.m. in the Council committee room.
MENTIONED IN THIS ARTICLE
Committee For Public Improvements
Lincoln Park
iPublic Improvement Fund
Fourth
Fifth Sts
Pacific
Cedar Aves
Tige
I Council
Caetrinan
Pick Four Zone'to Be Observed Here for Finals
Zone 7 winners in Bank of America's Netatewide Achievement Awards W program will receive cash prizes from 100 to 1000 dollars and appear before a final panel of judges on May 20 at the University of Southern California. The four winners Abe J. Alves Jr Margaret S. Waddelow Martha Isenberg and Bruce McCandless were chosen from 32 top students in southeast Los Angeles County after interviews at Long Beach City College.
MENTIONED IN THIS ARTICLE
Bank of America
Reed
University of Southern California
Abe J. Alves Jr
St. Norwalk
Excelsior
Margaret
Waddelow
Claremont Ave
Woodrow Wilson High School
Martha Isenberg
Eckle
David Starr Jordan High School
Bruce McCandless OU
Usul
Southern
California
Dorothy Shenwards
Lois Zelsdorf
Gorm
Thelold
Rolland Davis
Edu Ja Boys
Carors
Bark
Long Beach City College
Russell Johnston
I Walter H. Boyd
Long Beach
Henry L. Bear
Lynwond
Athena Hall
Will. Rogers Pta
John ©. Macy
J. ©. Penney Company
Compton
Hannan J. Delsey
el Wanis Clut
Walter H. Boyd
John C. Macy
J.C. Penney Co
Will Rogers Pta
Jo Deacy
Kiwanis Club
Jordan World Friendship Panel Day opens Public Schools Week
Jordan's annual World Friendship Panel Day features four panels designed to keep students informed on international developments. The event begins at 10:20 with Jay Hagey chairing a general assembly, followed by a 10:50 dismissal and subsequent activities.
MENTIONED IN THIS ARTICLE
Dorothy Sieatherage
Rym
Roland Thomas
Evelyn Luberg
Ruth Burdick
T P. m
Jack Bosna
Cyrene Blackman
James Garner
Dwight Wentzel
Jordan Jordan
Jordan
Jay Hagey
Saints' Play Ends Tonight at Saint Anthony Stage
After a three year hiatus drama returns with the Masqueraders' first production Dont Take My Penny written by Anne Coulter and directed by Sister Thomas More LH M It features 17 cast members in a three act comedy about Penny a high school student and her adventures The show runs again tonight with Mary Livingston in the central role
MENTIONED IN THIS ARTICLE
Saint Anthony
Masqueraders
Future Teachers Hold Meeting By SHERITAGE
April gathering of the William Logen Stephens Future Teachers of America Club at Jordan welcomed new members and alumni. President Jay Hagey awarded a gift to Mrs. Irmel Padgham, longtime sponsor. Guests heard alumni reports, a May banquet update, principal John W. Wilson spoke, and entertainment featured piano, song, and a dance by Linda Weaver aiming for a Hollywood lead.
MENTIONED IN THIS ARTICLE
William Logen Stephan
Teachers of America Club
Jordan
Jay Hagey
Irmel Padgham
Betty Craver
John W. Wilson
Nancy Witcher
Betty Dale
Linda Weaver
Poly High Seniors in Contest at Volleyball Night
Poly High plans a senior night as seventeen varsity teams compete on Thursday. About 300 to 600 prospective graduates are expected to attend a fundraising event with a small admission fee of 5 cents to cover punch and decorations. Signs extolling teams line the campus in anticipation of a plaque winner while a Senior Carnival returns to boost student involvement.
MENTIONED IN THIS ARTICLE
Poly
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Tagquetina Brown
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