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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Apr 28, 1951
Page
4
Chicago April 28 price action shows hogs advancing with a top around 22.25 per hundredweight and substantial gains in the slaughter-ready cattle and sheep sectors. Cattle receipts eased vs last week while hogs posted firmer cash values and steady to higher feedlot demand.
New York bond market figures list numerous companies with quarter values and prior prices. Stocks include E J Reynolds Topacco Co, United Biscuit Co of America, Budd Co, Campbell Wyant & Cannon Foundry Co, Stone & Webster Inc, Atlas Glass Co, Thatcher Glass Mfg Co, Rea Motors, National Cylinder Gas Co, Hemubite Pictures Corp, Moog Runess, Delta Steel Corp, Press Inc, Heywood Walter Co, Minden River Fur Co, Pontek & Ford Ltd, National Acme Co, Suitelue Co, Gorauiiers Power Co, Apinrter, Camburtion Enginersing, American Stave Co, Quaker State Refining, Xinsg Chemical Co, and others with varied quarterly prices and cents.
A federal prosecutor says two of seven men charged last fall with attempting to smuggle 144000 dollars worth of gold to India have fled the country after jumping bond. Charles H. Manning, 37, from Sydney, Australia, traced via Montreal to Scotland, while David Rosenberg, 43, of Brooklyn, a diamond dealer, is believed to have escaped to Israel. The report cites Assistant U.S. Attorney Jeremiah J. Sullivan in Brooklyn Federal Court.
In a late session gains faded into a mixed market as profit taking set in after two strong days. Otis stayed firm while Cities Service led a list of gains, and several major issues slipped a few cents. Volume near 900,000 shares, with rail and curb activity showing modest movement and several prominent names advancing or retreating.
Secretary of Labor Tobin estimates that 7.2 million more men and women must be added to the armed forces and defense industries by year end 1952. Over 3 million could shift from nondefense to defense roles, with many staying in current jobs as employers begin defense contracts.
Formosa April 28. The China Union Press reports Nationalist guerrillas smashed a Chinese Red Battalion near the treaty port of Wenchow, 230 miles south of Shanghai. The agency said the guerrillas inflicted more than 400 casualties and seized six guns.
In Taipei Formosa Aptilus a Chinese Nationalist defense ministry said the Chinese Communists plan another attack on Quemoy the Nationalist island off Amoy opposite Formosa Quemoy lies outside the zone patrolled by the U S Seventh Fleet under President Truman orders
Spokane dispatch reports Washington State College president Dr. Wilson Campton resigned, effective Sept. 15, after a regents meeting that cut roughly 5 percent of appropriations and a cost of living raise for remaining staff. The vice presidency was abolished.
In Paris on April 28 Charles Wilson, a defense mobilizer, arrives for conferences and, amid a tense crowd, declares I have come to talk things over with Gen. MacArthur. The moment follows a greeting to Douglas MacArthur Jr., and Gen. Eisenhower's presence underscores the wartime coordination.
In Olive Hill Kentucky a 14 year old boy and his uncle are charged with murder for killing a partner in a moonshine venture. Sheriff Finley Wolfe says the boy Robert K Hall admitted arranging the killing of Alfred Lawhun a 59 year old farm laborer over a dispute about stolen whisky. County Attorney D V later said murder charges were filed against both.
Vessels due to arrive include Frem- Operaine or Agent entries and various ships such as Fer Fernstream and Matton Nav. Go. Several names and routes are listed with upcoming dates in April May and current port status. The record notes active port listings and berth occupancy as of 84 M today with ships from New York San Francisco Vancouver and Hongluin Volos among others.
Hancher M. R. Coffee reported four calves born to a single cow on his Fallan New area ranch. The two males and two females arrived recently and are reportedly thriving. Experts note that livestock quadruplets are rarer than human cases.
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