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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 18 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 27, 1948

Page

10

Industry Moves Watched in Stop-inflation Drive

Business leaders study U S Steel first quarter earnings and price cuts impact. Republic Steel, U S Steel and Westinghouse weigh price cuts and wage cases while GE and Wilson urge cost reductions. Government grain exports rise to 577 million bushels, affecting costs for school attire rise 2 percent.

W York U. S. Steel Big Steel Republic Steel Republic Steel S. Steel Westinghouse Electric Pubic Iis General Electric Charles E. Wilson Atlantic City Sam U. S Boys’ Apparel & Accessories Manufacturers Association

Real Estate Licensing Surges and Market Activity Noted

The Division of Real Estate reports a rise in new licenses in March 1948 and a widening of activity in home building and land subdivisions. Despite high land costs near population centers, activity in home ownership and real estate investments remains strong. Complaints remain modest relative to license numbers, with many cases leading to suspensions or revocations.

Yang, Mion Smith BR. Sae Ema Biter Salto Ea Nan Bovieon Roshgeee Los Angeles Loum Hive Peter Avery and & Stewart Jessie Botea Isa‘ Cinna Niel Davis Dana Jy Ee Stee Ie Graves Log Beach Lda Merle W. Mellinger Manete Division of Real Estate State A. Toney Hil W Neil Az Ayra Walker Raymond Abi Milazed Nicholas Hom Oasty Meitt Harris Gernia Tod Ware

Florists of City Incorporate Company Formation Noted

Florists of City Incorporate reports formation of Long Beath Retail Florists Corp with directors Camilla Benner Earl Galloway Frank Ishil Sam Berro and James Stameson. Various corporate earnings figures from multiple firms listed for the quarter and year ended March 31 including Union Bi Co Pacitts Lighting Corp and International Telephone & Telegraph subsidiaries.

Long Beath Retail Florists Corp Camilla Benner Earl X. ‘Galloway Frank T. Ishil Sam J. Berro James 5. Stameson Union Bi Co Garborala Pacitts Lighting Corp International Telnphone & Telegraph Joao Heyden Cheminal Corp. Rapariad Com Mart Chicago Bustington Comware Choper Deatomer Corp Hoyal Veenon Ohio Aber Dikierd

Gruening Skeptical on Red Flights Over Alaska

In San Francisco on April 27 Alaska Governor Gruening doubted reports of Soviet aircraft over Alaska. He said the Soviet Union already knows everything there and Alaska has insufficient defenses since World War II. He warned Alaska may not be fully developed without statehood.

San Francisco Alaska Ernest Gruen Ing Russia Z Ot Gruening

Business Failures Hit 100 in Week Ended April 22

Dun & Bradstreet reports U S business failures totaled 100 in the week ended April 22, one fewer than the prior week. The figure is compared with 66 in the same period in 1947 and far above 1945-46 lows but well below the 326 seen in the same week a year earlier.

Nw York Apri United States Dun & Bradstreet

Butter wholesale price falls amid flush season

Cincinnati reports the wholesale price of butter dropping to 50 cents a pound, a four cent decline over two days. A dairy industry spokesman attributed the drop to the arrival of the flush season on dairy farms.

Cincinnati

Sun Oil to Expand Toledo Refinery

Sun Oil Co. announced plans to invest about 16 million dollars over the next two years to expand its Toledo refinery. The project includes a 30,000 barrel per day catalytic cracking plant a crude distillation unit a vacuum unit a large gas recovery plant and a new polymerization plant.

Toledo Sun Oil Co

Livestock Market Report From Chicago April 27

Apr 27 Chicago livestock market shows lower cattle prices with limited demand. Cows topped around 24.75 per hundredweight, cattle totals near 6,000 head with hogs firm on early bids. sheep offerings steady to lower amid slow sales.

Ates Leo Colorada West Paris Ted Charce

Treasury Report Details From New York Time Dated 1947

The document lists receipts and expenditures totaling millions for the year ending 1947. It shows a total debt figure around 202 million and notes various sums for assets, expenditures, and revenues. Figures are given in both pounds and dollars with several large line items and percentages.

Treasury Report Ihington Himsfington ADM T.o Towers Sperecpannek Tate Beoe Ih Gore Periz Norm Hunp Reaaelnts Besa Exnendueen Fiona

Dividends and Foreign Exchange Reported Across Markets

The page lists dividends for several companies including Armco Steel and National Biscuit, with dates noted in May and June. It also reports foreign exchange rates in New York on April 27, showing dominations in British and Canadian dollars, Swiss francs, and other currencies, alongside early New York Stock Exchange quotations.

Gianda Jay Armco Steel Zears-Roahuck Jane Senhatted Shir McGraw-Hill Foreign Exchange New York Great Britain Europe Great Dritein Ehanret Fritiee

Industrials Rally After Opening Setback In Markets

U S Steel and several peers recovered from early losses as investors rotated into rails metals and farm implements. The American Iron and Steel Institute signaled rising steel output while cement pricing practices drew scrutiny, helping shares partly rebound amid mixed volume and slim gains.

Early New York Curb Prices and Quotations

Fragmentary note reports on New York curb prices and quotations with references to market activity and daily outlook. Details are unclear from the readable text but indicate fluctuating values and momentum in the curb market.

Bids Authorized for Office Machine Purchase

City Council authorized the purchase of an electric accounting machine at an estimated cost of $2600. The action approves bids for the office machine and sets the procurement in motion.

Mother Leaves Babies in Taxi in Los Angeles

Los Angeles police search for a young mother identified as Mrs John Gebhardt who left two infant boys, six weeks and about seventeen months, in a taxi after summoning the driver to run an errand. The mother reportedly told the driver she was tired of everything and would leave town.

Los Angeles Stanley Reed John Gebhardt Geisling Stanley

Small Business Neglect Claims Rise From Budget Vote

Sullivan of the Democratic National Committee denounces Congress for trimming Commerce Department small business funds. He cites Senate cuts as a meat axe move that eliminates a small business office, claiming a total saving of 452000 and opposing monopoly concerns.

Washington van Gael Sullivan Democratic National Committee Sullivan Saab

Sloop El Sueno Aids Request Near Santa Cruz Island

The 33 foot Santa Barbara sloop El Sueno with owner N. E. Newman and three others aboard ran out of fuel and had no sail. A call for assistance was sent from Smugglers Cove near Santa Cruz Island yesterday. A patrol boat delivered gasoline and stood by until the vessel could clear the area.

Santa Barbara N. E. Newman

Out of Court Settlement in Richardeon vs McPherson Case

Hollywood April 27 An out of court settlement ended a $7000 plagiarism suit between artist Raymond J Richardeon and Angelus Temple pastor Rev Rolf K McPherson. Richardeon claimed the church used his painting of Aimee Semple McPherson and that others reproduced it from photos. The parties settled yesterday through counsel.

Hollywood EPA Raymond J. Richardaon Angelus Temple Rolf, K. McPherson Ove Aimee Semple Ric 'Pherson Allomeya Richardeon

Hay Prices Reported in Federated Market News

Fragmentary OCR notes show hay price figures and references to federated markets and regions. The text includes scattered numbers and vendor names but lacks complete context or clear dates.

Also Mentioned on This Page

Business Mirror By Sam Dawson Everett Purcell Florists Leucopopind Slyetz Oder Roporind Mat Orngit Consolidatert Bilson Co Manihe Aseen Honahing Pear Ape Powdrell & Alexander, Inc Aliie Chaimermassic, Co ChignKe Tha Sense Co Sun Oil N. Y New York Stock Exchange Bae Wlaen Totton & Gay Reeves Brow Anancaiad Eres Balen Cloyr Republian Tatarron Balt Interlake Batten Eltee Beevents Barina Steel Jatrlerea Bae Rates Mitch Pumpr Biber Monroe Loan Lone Regal War—Watrant Neste Ak MAE Textron Mika Ag McGraw Hill Mead Corp Herit Mehta Ely Dorp Bondint Petroleum Lawn Wu. Iy Inc Paataaats Douglas Alcccait Miony Beyeen Gil Co T. Te Slade Petrolen Welle Toe Ncoln Ae Union- Oil ‘of Cae Gow Srg Dow, Jones Wales von Sat Rann Naib Aky Keyemra Kacrno E&ss T. RK. Applegate Pharls Tire & Rubber Pantepec Oil and Aluminum Ca America Tron, & Steel Institute Republic Big Supreme Court Youngstown Schoot General Motors Chrysler Southern Railway Northern Pacific Nickel Plate Chesapeake & Ohio International Telephone Plymouth Oil American Woolen American Tobacco Montgomery Ward Superior of of California Allied Chemical Standard Oi N. J Firestone Tire U. &. Gypsum Akea Apex Electric Tivoli Brewing Mid West Oil Timal Macn Gestars Boyth & Co Ahia Chicas Anova Marcus Federat-disie Mayra Altaial U Green Sydine Bebeon Babson's Waltentey EF. Hutton &C8 Aerate Challonemn Tervics Long Beach Tal
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