Week of 1954 turnover boosts 1955 business outlook
New York week sees economy rise to optimism with stock markets at year highs and industrial output up after holidays. Federal Reserve notes 18 percent NYC department store gain in Christmas week. executives from General Motors, Standard Oil, Jones & Loughlin predict stronger 1955. Auto sector prepares for record start. price cuts hit Sears Roebuck and RCA.
MENTIONED IN THIS ARTICLE
Walter Breede
New York
Federal Reserve Board
New York City
Harlow H. Curtice
General Motors
American
Ben Morreel
Jones & Loughlin Steel Corp
Melvin H. Baker
National Gypsum Co
Iron Age
Sears Roebuck
RCA
American Motors Corp
Nash
H. D. LA Chapelle
Famne, Webber, Jurksom & Curtis
D-J
Shetter
Trend of Security Prices for Past Week Analyzed
A market note forecasts a 1955 uptrend led by a stronger economy after 1953 to 1954 transition. It cites funds for a Dow around 450 and suggests rail stocks may lead the bull market, with higher dividends, profits, and construction activity expected.
MENTIONED IN THIS ARTICLE
Dow
News and World Report
Adult Class Hears Psychology Series
Dr. Irving F. Ahlquist associate professor of history Long Beach State College will speak Sunday at 9 30 p m to the I Becca Adult Bible Class at First Brethren Church 1925 E 5th St His topic What We Should Pray About The 1955 officers of T Becca Class will assume their offices with Ben Rambeitz naval officer as president The Rev Dr Charles Webster Mayes is pastor of First Church
MENTIONED IN THIS ARTICLE
Irving F. Ahlquist
Long Beech State College
I-Becca
First Brethren Church
E. 5Th St
T-Becca Klass
Ben Rambeitz
Charles Webster Mayes
First Church
Rose Float Wins at Russ Bid Sweepstakes Parade
A parade in Pasadena showcased 61 floats with roses and theme displays. Long Beach and Oregon entries won top prizes, while NBC reported 55 million viewers as Chief Justice Warren led the Tournament of Roses.
MENTIONED IN THIS ARTICLE
Scotf
L. B. Rose
Russ Bid
Parley
Pasadena
Paloma St
Sierra Blvd
Paul Rogers
George Shaffer
Long Beach
Central Service Automotive Division
Hertz Granovitz
Delta Ave
Florists Telegraph and Delivery Assn
Ann Miller
M-G-M
Earl Warren
California
Clarence Morrris
Morris
NBC
Mexico
Ann
United, States
Portland
Ore
Oregon
al Commercial Heat
Standard Oil Co
Washington brushes warning aside in war scare
Soviet Premier Malenkov warned that war danger grows as western powers rearm Germany and unite against communism. U S officials say peace prospects brightened by Western unity and strength. Secretary Dulles stated the danger of general war is decreasing as year begins.
MENTIONED IN THIS ARTICLE
Washington
Georgi Malerkov
Germany
Jnion
Malenkov
London
Paris
Dulles
Malenkoy
Soviet Union
Charles Edward Shutt
Telenews
Britain
France
Belgian Artist Dives Into Tiber At New Year
A Belgian artist, aged around, celebrated New Year by diving into the River Tiber from the Cavour Bridge for the eighth straight year. He stripped to bathing trunks at midnight and plunged into the chilly water as crowds watched in Rome.
MENTIONED IN THIS ARTICLE
Rome
Hig Ae Sonag
Four Killed in Alabama Plane Crash RAMER
Four persons died when a private plane returning from the Gator Bowl crashed near Ram er Alabama during a heavy rain. Victims included Hoke Vandig riff a Montgomery contractor and sportsman, his pilot Charles Womack, Dorothy Scott an employee of Vandigriff and Mrs 31 Hurst wife of a Montgomery fire captain.
MENTIONED IN THIS ARTICLE
Ramer
Dorothy Scott
Vandigriff’a
Hurst
Montgomery
Traffic Kills One and Hurts Dozens in L B Area
A string of Friday night into Saturday traffic incidents in Orange County left one dead and 37 injured, including serious injuries to drivers Richard Skinner and Arthur Nell ing in Anaheim, Clara Plaza in Corona, and Ignacio Reyna in Stanton. Police arrested 19 drunk drivers, with one chase ending in a citation for speeding and evading arrest.
MENTIONED IN THIS ARTICLE
Newton V. Matter
Orange County
Richard Henry Skinner
New York City
Arthur Nelling
Hemet
Manchester Blvd
la Palma Ave
Anaheim
Cottage Hospital
Fulllerton
Norwalk
Ramon
Candiola
la Habra
Santa Ana
A. F E.shaffer
Florence Ave
Downey
4Th
Teen Athlete Slai Trying to Halt Row
Armando Frank Castro 25, once a top high school mite race champion, was stabbed to death in Los Angeles while attempting to stop a dispute among eight youths. His half brother Mario Mancillas was critically injured as Castro tried to shield them. investigators seek the attackers.
MENTIONED IN THIS ARTICLE
Los Angeles
Armando Frank Castro
Mario Mancillas
Castro
Evergreen St
William McClure
Tom Corey
Mancillas
First Woman Dean of Yale Dies at 89
COBALT Conn. At -anni Warburton Goodrich 89 who established the first graduate professional school of nursing in the world at Yale University and became Yale s first woman dean in 1923 died Friday.
MENTIONED IN THIS ARTICLE
Yale
Cobalt, Conn
Anni Warburton Goodrich
Yale University
40 000 REWARD FOR URANIUM FINDSS
Advertisement promising a 40000 reward for uranium finds promotes a $49.95 Gammascope Geiger Counter. Claims sensitivity rivals counters costing $200 and up and urges buyers to join the uranium rush with new strikes daily near Shelby Instrument at 1701 Magnolia Ave.
MENTIONED IN THIS ARTICLE
Shelby Instrument
Magnolia Ave
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