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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Jan 28, 1948

Page

11

Securities Push Forward Up to Three Dollars

Prices rose for the second straight session with gains across industrials and rails led by Gulf Oil Union Carbide U S Steel Bethlehem Youngstown Sheet Chrysler Santa Fe Southern Pacific and more. Trade totaled about 900000 shares as favorable 1947 earnings reports and carrier savings improving markets spurred bullish activity.

New York Rnll Forest Times Gulf Oi Exrights Schoney Isaves

Grain Market Notes With Prices and Movements

Grain market report from SHICAND records price movement and quotations. It notes buying activity midday and higher bids for corn and wheat, with details on grades and futures terms, reflecting a cautious winter trading session.

Nellverita Amalie Pric Torn Atart Priver Tlohe Weikor Corm Wan Hieler Seine Sry

Game Legal but Suits Barred

San Francisco June 28 1940s The California Court of Appeal ruled it is impossible to enforce a gambling debt in state courts. Harold J Lavick Emeryville card club owner failed to collect 2000 from Irving Nitzberg after Nitzberg stopped payment on four $500 checks given in 1946 to cover losses. The court said actions contrary to public morals are not legal even if not prohibited by statute.

San Francisco California Dietelet Court of Appeal Court of Appeal S.V. Wagler Alameda County Harold J. Lavick Emeryville Irving Nitzberg Lavick

Orville Wright Suffers Weak Heart at 76

Orville Wright, 76, noted inventor of the airplane, suffers a weak heart after a second heart attack since last October. He was admitted to Miami Valley Hospital yesterday and remained under care today, with a private note saying he rested easily last night.

Dayton Ohio Orville Wright Miamalley Hospital Wright

Markets at a Glance in New York Trade

Markets at a Glance reports mixed gains and losses in early New York trading. Industrials rise, rail shares show strength, and cotton futures edge higher while grain prices hover with cautious advances amid unsettled conditions.

New York Atocke Industriain Boniletieadys Maton Imctove Gottoner Lawer Grlenany Shication Pitmaubasre Weath Cania

Stapla Price Trend in New York Markets Today

In New York today, Stapla Price Trend reports on commodity movements across 36 items. Data shows varied shifts with notable figures including 112.02 and 407.80 for select listings, reflecting weekly changes in the market.

Stapla New York Jan Jennie Rica Ryfraka Orl

Live Poultry Prices At Los Angeles Market Report

The Los Angeles stock market notes butter eggs and poultry prices with grade A and common poultry items. It lists assorted fowl categories and prices for broilers hens ducks and other poultry products along with package counts and weight references.

Pelalicras Gevie Asgaene Crace Nelenaetn Cartonnd Depos Fryera Coluren Amd Domeatle Tania Wander Fitna Welenta

Market Reports Mixed with Diverse Prices Across Commodities

The inventory list spans multiple markets with prices for cattle hogs and grain, showing wide variety from beef cuts to wool and dairy items. Several figures indicate fluctuating demand and occasional steady or rising prices amid broad commodity sectors.

Dividends and Market Signals Shape Cotton Trade

The text surveys cotton markets with notes on price trends, futures, and cash flows. It references regional activity in Asia and North America, including price shifts for various goods and related commodity movements. It mentions delivery schedules, warehousing, and amortization tied to market demand and retail readiness.

Shell Begins Drilling Well in Signal Hill Field

Oil activity intensifies in the Signal Hill area with Shell starting deep sand testing at the 732 Community well east of Cherry Ave and Twenty Eighth Street. Other operators like Shen Continental Oil and Richfield advance wells in Wilmington, Alamitos Heights, and nearby communities as depths reach over 10,000 feet.

Shell Signal Hill Field Alamitos Met Shell Jeas Continental of Seventh St Rue Ser, Blvd Bixby Signal Witt Ace G. Py F. C

Foreign Exchange Rates Report From New York

Foreign exchange rates in New York show Great Britain at 4.02 dollars per pound with minor adjustments and several Latin American currencies listed as free or unchanged. The report notes minor shifts in the franc and Swedish krona, with Mexico and Brazil currencies also cited.

New York Great Britain Europe France Sweden Ksota Switzerland Latin America Mexico

Regular quarterly cash dividends declared by the board

The Board of Directors declares regular quarterly cash dividends for the three months ending January 31, 1942. Dividends will be paid by check February 16, 1942 on the Six Per Cent Preferred Stock Five and One-half Per Cent Preferred Stock and Five Per Cent Preferred Stock to shareholders of record at the close of business January 32, 1924. Transfer books remain open. E. J. Hectett, Treasurer. San Francisco, California.

E. J. Heckett

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