Weeklong mix of gloom and optimism hovers over postwar business
New York London report shows slower activity across defense cuts and energy down 5.6 percent while carloadings, coal, and engineering awards fall. Despite higher money in circulation and rising steel output, auto production up 15 percent and Ford’s peak week contrast with supplier shortages and layoffs. Trade groups warn of softer demand ahead. Sears reports upside, but forecasters note cautious sentiment.
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New York
Ford
Dun & Bradstreet
House
Senate
Ways and Means Committee
Commerce Department
Seveel Outlook
Sears, Roebuck and Co
Los Angeles
Truman
Edwin G. Nourse
United States
Detroit
Ordnance Tank-Automotive
Evans Products Co
West Coast
Oregon
U. S. Census Bureau
Family Economics Bureau
Northwestern National Life Insurance Co
Department of Agriculture
Midwest
Southwest
Agriculture Department
Assny
Trend of Stock Prices for Past Week Analyzed
The analysis notes a bullish near term market with a forming base after a six month decline and a potential rise to 275-280. It discusses timing, warns of possible higher highs or a failure to reach expected levels, cites Harry P. Comer, and weighs outlooks for 1953 and 1954 including auto, construction, and consumer debt factors amid a mild recession and shifting buying patterns.
MENTIONED IN THIS ARTICLE
Laker
Hull
Harry P. Comer
Alvancon
Witee
Grasa
Moody's
Two Juvenile Beer Thieves Nabbed by Los Angeles Police
Los Angeles police arrest two youths aged 9 and 10 accused of stealing beer from an office cabinet. They allegedly used a pistol to shoot the lock and said they obtained the gun and handcuffs in a recent burglary.
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Los Angeles
Anh
Motorcycle Rider Injured In Traffic Crash
Carl Delossiuse age 32 of 54394 Sorrento Drive received minor injuries Friday when his motorcycle collided with a car driven by Dorothy F. Laskey age 34 of 5940 Conant Street at the intersection of East Second Street and Claremont Avenue police reported.
MENTIONED IN THIS ARTICLE
Carl Delossiuse
Sorrento Dr
Dorothy F. Laskey
Conant St
E. Second St
Claremont Ave
Livestock Market Hints at Record Hog Prices in Chicago
Chicago livestock market reports hog prices at highs not seen since October 1948, with barrows and gilts up 65 to 125 cents and sows up to 31.75. Receipts around 36,700 hogs, 36,800 cattle and calves, top hog price 27.00 for 180-240 lb barrows. Cattle and calves mixed with steers, heifers, and bulls showing gains, limited sow supply, and overall higher trading days. Prices reflect broad upswing across hogs, cattle, and sheep with demand steady and market close data.
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Chicago
Gills
USDA
Barrowa Ana
Barrowa Ard
Seatimga
Ehalee
Algera
Beeves
Law’ Choice
Atoers
Jamba
What Ministers Say in Long Beach Pulpits
Long Beach pastors resume Sunday worship at 8:30 and 11 a.m. with sermons on What Does God Expect of Us and The Set of Soul. A network of churches in North Long Beach plans summer vesper services, baptisms, and new-member receptions, led by Rev. L F Mertz, Rev. R C Mason, Rev. T N Anderson, Rev. J W Hanna, and others. unity services span several churches with pastors delivering sermons and choirs and youth groups participating.
MENTIONED IN THIS ARTICLE
Louis Frederick Mertz
Lakewood United Lutheran Church
Wardlow’ Rd
San Anselme Ave
Mertz
Pittsburgh
Gettysburg
Roy Carl Mason
North Long Beach
Carl L. Crain
Tampa ministers and churches plan Sunday services
A Tampa minister will speak at the L B Church and Rev. Vernon Hillmer will preach at St Johns Lutheran Church with confirmation in the late service. Rev Ralph Boyette of First Bible Baptist and Rev Grover Bagby of Belmont Heights Methodist also headline services. Youth night and musical programs accompany morning and evening worship across several churches.
MENTIONED IN THIS ARTICLE
S Gustaf Willem . Henry
Messiah Augustans Lutheran Church
Pasadena
Immanuel Q Lutheran Church
Martin C. Olson
Henry Algo
Perry Carlson
Norwalk
Olson
Robert L. Hubbard
Bethany Baptist Church
Thessalonians
Vernon William’ Hillmer
St. John’s Lutheran Church
Ralph M. Boyette
First Bible Baptist Church
W. Wardlow Rd
Yand
Delta Ave
Renee
Economic outlook notes high plateau before potential correction
The piece discusses rising consumer debt and strong income, with business at a high plateau. It recalls 1948 as a comparison, notes Gross National Product growth, mentions taxes and depreciation, and cites Moody's stock yield patterns as evidence that sound stocks rarely offered high yields outside recessionary periods.
MENTIONED IN THIS ARTICLE
Pearl Harbor
Church Appoints Choral Director at First Friends Church
Rev Kenneth R Fickering announces Robert W Edmonds longtime Long Beach soloist named minister of music at First Friends Church. Edmonds brings wide choir directing experience and has sung with Los Angeles and San Francisco Opera groups, starting July 1.
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Deglay
Robert W.edmonds
Long Beech
First Friends Church
Kenneth R. Fickering
Edmonds
Los Angeles
San Francisco
Opera
First Friends
Women of Unitarian Church Sponsor Sunday Breakfast
The Women of the Unitarian Church plan a breakfast in the church garden Sunday from 9 to 10:30 a m to raise funds for the parsonage fund. The regular service follows at 11 a m with no coffee fellowship after. Chairmen are Mrs. Martha Kinsey and Mrs. Phyllis Comiskey.
Federal Savings Loan Open Fridays At Seven P.M.
The Tan D Federal Savings and Loan will extend Friday hours to 7 p.m. continuing a policy begun this week under president T. A. Gregory. The church notes describe a sermon by Rev. Erleh W. Oelschlaeger at 8:45 and 11 a.m. with plans for a voters meeting Monday at 7:30 p.m. Rev. Claude W. Young will speak at Grace Methodist at 11 a.m. on The Man Who Played the Fool. The day ends with music and services led by Sanctuary Choir and Teen Song service in the evening.
MENTIONED IN THIS ARTICLE
Arnold Breitler
Calvary Baptist Church
Harold Aga
Barit
Christ On the Cross
Agnes McFarland
J. Ro. Bennett
Lutheran Church
Mo. Synod
Linden Ave
Erleh W. Oelschlaeger
Claude W. Young
Grace Methodist Church
God
Handel
Philip Jlllthorpe
Pat Harding
Bach
the Collegiats
Sullivan
Obituaries note infant Bishop and several Long Beach deaths
The infant daughter of Mr and Mrs John Bishop of 1034 Cefarive died Tuesday at Long Beach hospital with grandfather Juston A Bishop surviving. Service by Disday Mortuary. Fred W Wilmot of 1033 Magnolia Ave to be buried at Sunnyside Memorial Park after 2 pm Monday at Coon Funeral Home Chapel officiated by Rev Robert B Shattuck. Nola Streeter 73 of 3625 Rage Ave died Thursday in Long Beach hospital a Princeton Illinois native. daughter Helen O Weber sister Grace Stilwell in Long Beach. service 11 am Monday at Mottell's Mortuary Chapel with Rev Virgil Herper Fisher. Sunnyside Memorial Park interment. Robert Alexander Sauls 66 of 611 Coronado Ave died Thursday at home born in Aldie Virginia came to Long Beach in 1947 retired US government clerk member Belmont Heights Methodist Church. wife Bons and children May Av Bons, Robert Sauls, Clinton A Sauls in Long Beach. daughters Bow man C Anderson and H F Cleveland. service 2 pm Monday at Mottell's Mortuary Chapel with Dr Grover Bagby. interment National Memorial Park Falls Church VA.
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Bishop
John Bishop
Long Beach Hospital
Juston A. Bishop
Disday Mortuary
Wilmot
Fred W. Wilmot
Magnolia: Ave
Coon Funeral Home
Robert B. Shattuck
Terment
Sunnyside Memorial Park
Virgil Herper Fisher
Sauls
Robert Alexander Sauls
Coronado Ave
Aldie
U. S
Belmont Heights Methodist Church
May Av. Bons
Robert 5
Clinton A. Sauls
Long Beach
Bow‘man C. Anderson
H. F. ‘Cleaveland
Mottell's Mortuary Chapel
Grover
Bagby
National Memorial Park
Falls Church, Va
California College of Commerce to Graduate 28 Students
Dr. Walter E. Eliegon of the U S Department of Commerce will deliver the principal address at the California College of Commerce commencement at 8 p m Monday Director L G Conner announced. Twenty eight graduates are listed including twenty evening school students Invocation will be given by Dr Grover J Bagby of Belmont Methodist Episcopal Church at 1611 Pine Ave.
MENTIONED IN THIS ARTICLE
Walter E. Eliegon
U. S. Department of Commerce
California College of Commerce At & P.m
L. G. Conner
Pine Ave
Grover J. Bagby
Belmont Methodist Episcopal Church
Beginning Square Dance Class Opens in Wardlow Park
First meeting for adults is scheduled from 7 30 to 9 20 p m Tuesday at Wardlow Park Lakewood. The class will meet every other Tuesday through summer, hosted by Wardlow Park Council and the County Department of Parks and Recreation.
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Wardlow Park
Lakewood
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