Stocks Taper Off Amid Rails and Airlines Rally
New York trading opened with a market slip as rail and air stock gains faded. Large volume transfers reached about 900000 shares as Paramount Pictures Loew's Eastman Kodak and other names touched on 1947 49 laws, with some steel and chemical issues falling despite easing earnings outlooks.
MENTIONED IN THIS ARTICLE
New York
Bese Aac Lee
Paramount
Pictures
Loew's
Eastman Kodak
Pacife Western Ol
U. S. Steel
General Motors
Douglas Aircraft
U. S. Gypsum
Union Carbide
Johns Manville
Chicago
Pacific Electric Fares Set for Increases This Spring
Pacific Electric announces fare hikes to take effect within 60 days after February 1 as approved by the State Public Utilities Commission. Local and special-route fares rise. single-trip Long Beach Los Angeles round trips, and school tickers also increase.
MENTIONED IN THIS ARTICLE
Pacific Electric Railway
State Public Allies Commission
P. EE
Pacific Electric
Long Beach Los Angeles
Long Beach
Los Angeles
Willow St
San Antonio
Huntington Park
V. E. Blackburn
Public Utilities Commission
Hank. Beach
Allocations Due Steel Consumers
New York January 21 The Iron Age says steel customers face anxious wait for forthcoming voluntary reductions. Many will receive less than current allotments after essential users such as railroad car builders. Petroleum and farm implement makers gain leverage at Washington. Gray market persists while demand outstrips supply regardless of policy.
MENTIONED IN THIS ARTICLE
New York
Iron Age
Metalworking Trade Weekly
Brcer
Washington
The
Higher Pay Urged for City Planner
Councilman Clarence E. Wagner urged raising the salary of Werner Ruchtl city planning director in the 48-49 budget. Wagner spoke after it was learned Ruchtl declined a County Regional Planning Commission offer at 7400 dollars annually, while his current pay is 5709 dollars.
MENTIONED IN THIS ARTICLE
Clarence E. Wagner
Werner Ruchtl
Wagner
Ruchtl
The
County Regional Planning Commission
Stagende Radio aMai
Gan Caplan de Sal Oregon
Katina
Tnt
Parise Monell
Electricity Output at Record High
New York January 21 Edison Electric Institute reports power output rose to a record 370,112,000 kilowatt hours for the week ended January 17. The figure tops 277,680,600 kilowatt hours the prior week and shows a 30.6 percent gain from the same week last year.
MENTIONED IN THIS ARTICLE
New York
Edison Electric Institute
Security-First National Bank Declares Dividend Change
Directors announce a regular quarterly dividend of 60 cents a share and shift payment date to the fifth of the month. The bank also received comptroller approval for a capitalization plan expanding ANG Plus 16 to 30,000,000 each.
MENTIONED IN THIS ARTICLE
Los Angeles
Security-First National Bank Today
Comptroller of Currency
Over the Counter Securities Debut by National Association of Retail Dealers
A report on a new over the counter securities program organized by a national association of retail dealers. The article notes registration, eligibility rules, and the expected impact on small investors within the market. It mentions key figures and the anticipated launch timeline.
NYSE Transactions Highlight Broad Market Activity Today
The day’s equity trading shows a wide spread of quotes across many sectors with notable activity in financials and industrials. Traders monitor indices as volumes rise and prices move, signaling cautious optimism amid ongoing corporate news and economic data.
New York Bond Market and Livestock Prices
A chaotic market report from New York and Chicago notes bond prices with slight declines and mixed livestock quotes. Calves remain steady and hogs show firm demand, while cattle and sheep movements reflect cautious buying and uneven activity across the spread.
Market report notes grain and cotton price shifts
The report shows strong demand boosting grain futures with corn lifting wheat and oats, while cotton and other commodities move on market activity. Declines in some prices follow government export signals and local trading, with mixed futures and spot quotes across major exchanges.
MENTIONED IN THIS ARTICLE
Chicago
Gan
Im A
Dudso Gilier
Commonity Credit Corporation
Iuadi
County Delays Oil Decision On disputed tideland rights near Los Angeles River
The Los Angeles County Board of Supervisors, at the request of Chairman Raymond C. Darby, postponed a decision for a week on oil drilling rights for 40 acres at the tide line near Long Beach. A proposed drilling agreement from A. Co. Murceil would align the county with Long Beach, but Supervisor Derby warned against rushing a pact while awaiting a potential legal ruling on oil sand ownership. The board planned to set a definite policy after further consideration.
MENTIONED IN THIS ARTICLE
Raymond C. Darby
Board of
Long Beach
Los Angeles River
A. Co. Murceil
Civard Serip
Council Authorizes Pact Over War Gun Mount Lands
City Council approves supplementary agreement with the U S Government retaining Bluff Park and Bixby Park Annex concrete gun mounts and granting access rights. The city will receive 10 300 dollars to restore the two park areas for recreational use.
MENTIONED IN THIS ARTICLE
United States
Bluff Park
Bixby Park
City seeks inspector and structural engineer hires
The Department of Building and Safety announces openings for a building inspector and a structural engineer to fill city posts. Civil Service eligibility lists are exhausted. applicants should apply at the Civil Service Commission, 215 W Broadway.
MENTIONED IN THIS ARTICLE
Department of Building and Safety
Civil Service
Civil Service Commission
W. Broadway
Oil Field Drilling Plans Expand in San Luis Obispo County
San Luis Obispo County area readies new drilling as Gates, Norrisport, and Macoil complexes plan multiple wells. Discovery and exploration continue at several sites including the Gardens and Ventura areas with depths reaching 8792 feet as operators pursue oil sands and deeper prospects.
MENTIONED IN THIS ARTICLE
San Luis Obispo County
Macca Oep
Gene Red
Universal Con
Basin Ol Co
Inglewood
Urama
Scar Ruderick
Kern Valley Packing Co
Will
Maxwell No
Ventura
Jorgensen
Ing
Staple Price Trend From New Year Market Note
The Ansackited Press reports a weighted whalease price index movement with declines from prior readings and unclear figures. Readings show fluctuations across several indices, with percentages and values hard to parse, indicating a volatile staple price trend in the period.
Treasury Report and Market Highlights From New York
Treasury figures show receipts and expenditures with large totals and day-to-day variances. Markets summary notes declines in cotton and grains, weak cash demand, and assorted price ranges for butter eggs poultry and meats with regional quotes.
MENTIONED IN THIS ARTICLE
New York
Leghovs
Ned Tinch
Foreign Exchange Now New York Market Flows Amid Quiet Trade
A terse market summary notes New York currency exchange activity opening with the dollar trading near current levels. Dealers report limited headlines as investors digest international developments and await clearer signals from overseas markets.
MENTIONED IN THIS ARTICLE
Foreign Exchange
York
Inn
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Auateussan
Natiohal Astoration of
Recurition Dealera, Inc
New York Stock Exchange
Bing Bontomi
Tvun
Kenton
Neuyst
Iowa
Baenktdohn Rimbiys Chink
Alasiau
Cnn
Equity
Witt & Alden Ing
Eh Caro C&o
Erric
Taleero
Kresee
Lsylvan el Pr
Cerner
Jourekn Witn Kress
Isysing-Gauld
Kroger
Gee, Batra B
Cerneratore
Chicai
Iranaamerics
Brandnce
TVS
PYLE
Binet
Earbon & & BS Bo
United Corp
Lee
Associated
Gleneyne
Mike
TaMus
lRald
RaigenPurpe
Iran
Miley Co
Ntexta
Titty
Arm & Go See
Reever Bros
R&p
Avsigalia
Atina Corp Maore
Anton
Aventis
Niferuulen
Inc
Aldoan Fury
Bode
Ldan Pran
Banat
Beatty
Hovoodl
PMBC
Benvntistina
Ourtianewe
Foward -Eltya
Kane
Boiding-Ken
Dore
H&m
Ray of
Ty Gare
Bondi Wihviat
Dayton P&b
Dudson
Cyulservel Inc
Totel
Weatvans Ch Deere & Co
Beth Bleyview
India Han
Wits
Sherry Corp
Sauio
Burin
Glenn
BuGarsans
A. Pbin
Ars
Sam
Adnate Byars A
Fey
Olver Corp
Itatal
Tony
Angelea
Woodewe
Aleddy
Qytgago
Crady
Clonee van Rood Dadpite Wyutryaver
Huo
Gholde Pteers
Bourke
Adele Enlette
Bulwtie
Sumens
Nina Chives
Wanee
Markower
Atone
Tauber Prion
Nadia
Pee Farm
Neh
Unger Bay
Eno Wadality
Ao-Cende
Roe Down
Vealara Sleady
Tobal
Houmba Wold
Bidaeng Montly
Uunia Jewry Ankine
Alauighter Ayer
Msi
Dna
Fineas
Ny March
New Cron
Oolton
Suny High
Pac Lighting
Corp
Mt Toany
1. B. Walk
Repubile
Ay Co
Fiat Buichtiglal
AgirRige
Alreon Corp Om
Ryan Rarounudleni
Bandini Baer
Seen Oil Co
Ee Aay Sa
Blue Diamant Corp
Solar Alternat
Onryalor Corp
Gonaaidutas
Farnaworth
Sunray Ol Corp
Rennin
Monten de Khuner
Sean
Chamber Mbo
Aston OW
Gain Sienen Ai
Corn— Hancock
von Bel
Holly Develop Co
Brnck Alaske - Juneau
Hunt Brosen von
Impuria
Avery A
Lane-Wells Co
Au TE Lincoln
Peto Ayoan
Pacitia
Pac Finances Corp Arte
Don
Rumathy
Asaoci
Cite
Clade
Ford
Frank Straan
Ryan
Garrett
Law
Glen Ald
Republica Aoflela
Ralecled Indus
Ark
Hutiont Hay
Liuuia
OM & R
Uumbtia
Atlanic CG
Vian
Bonotonn Allog Corp
Bo Pene
Babeccit
Soeth Buena Ltd
Wheaton Brod
Crane Lux
Lt & Hye Aw
Catalin Am
Louis Long
Caw & SW Corp
Atc
Gord Cor Ua
Blat
MrWyll Dredg
Len An
Neon Air
Elas
Michigan
MoMest, Corp
Comwitt & Sowar
Ning Corp
Moris PL Corp
Haan Ok
Bya
Sonid
Veoh
Ana Denninon
Shell Oil-Moser
Athens Ly
General Petroleum
Dow, Jones
EF. Hutton & Co
Tee
Treasury Report
Tripanry Inn
Patti Bayeas
Lexnenn
Karbon
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