Business and Industry Summary For Week
A sweeping weekly business snapshot shows factories reopening after vacations with production near records. Automobiles up 4 percent, Bell System earnings above 445 million, GE profits up 32 percent, and housing starts down. A shift toward a competitive buyers market and slower stock trading dominate the tone as Korea truce awaited.
MENTIONED IN THIS ARTICLE
Walter Breede, Jr
New York
New York Stock Exchange
Korea
Senate
Eisenhower
American Stock Exchange
Studebaker
Ford
Hudson, Nash and Kaiser
Bell System
General Electric
Douglas Aircraft
Equitable Life Assurance Society
Washington
Securities and Exchange Commission
Commerce Department
Detroit
American Newspaper Publishers Association
F. W. Dodge Corp
Trend of Stock Prices for Past Week Analyzed
The piece argues two market facts, notes a probable recession scare in 1954, and predicts no dynamic rise until uncertainties fade. It analyzes Dow earnings and dividends, tax cuts, and expected mid-1950s conditions, urging selective purchases during market softness amid a see-saw trend.
MENTIONED IN THIS ARTICLE
Dow-Jones
E.P T
E.P.T
Dow
Freeway pileup in underpass leaves two injured
A lumber truck rear ended a sedan in a Santa Ana Freeway underpass, tipping four tons of lumber and igniting fires. A chain reaction involved a second car, a gasoline tanker, and a panel truck, totaling seven vehicles with two people sustaining minor injuries including a fireman.
MENTIONED IN THIS ARTICLE
Ramona
Santa Ana
Alisa
Los Angeles
Bay Shore Church Plans Vacation Bible School
Bay Shore Community Congregational Church will run a vacation church school from July 20 to 31 with registration starting Monday at the church school office. Mrs. Dean Gilmore will supervise the four age groups and Rev. Milton G. Gabrielson leads tours and worship on July 30. open house on July 31 followed by a picnic at Recreation Park.
MENTIONED IN THIS ARTICLE
Mailton G. Gabrielson
Gabrielson
Helene Allen
Recreation Park
Two Musical Groups to Appear for YFC at Tracy Auditorium
A male quartet from John Brown University Siloam Springs Ark and the Triple Trio of young women will perform Sunday afternoon at Tracy Auditorium 219 E Seaside Blvd under Youth for Christ auspices. Public invited.
MENTIONED IN THIS ARTICLE
John Brown Musicale Group
John Brown University
Siloam Springs
Ark
Tracy Auditorium
E. Seaside Blvd
Youth For Christ Organization
Paratroopers Break Cordon of Vietminh
Five thousand French paratroopers struck a Langson supply depot and then fought through a Vietminh cordon. The raid wiped out remnants of Langson garrison and destroyed thousands of tons of ammunition and fuel. A radio from retreating troops said Tout marche bien ici.
MENTIONED IN THIS ARTICLE
Hanoi
Indochina
Langson
Tre
Plarés
Life Theme Marks Sunday Lesson Sermon at Christian Science Churches
The Sunday lesson sermon on Life stresses that understanding God as Life increases activity and vigor. The golden text from John 3 26 cites the Father’s life and the Son’s life, and Mary Baker Eddy states that what is governed by God never loses light or life, opposing material sense with divine proof.
MENTIONED IN THIS ARTICLE
C. S
Christian Science
Mary Baker Eddy
Can We Win in Asia A Topic for Church
E Pearce Isoyes who represents International Christian University in Japan will speak at First Methodist Church at 11 00 a m Sunday His topic Can We Win in Asia He was a pioneer in graduate study in Japan Dr Hayes a mission veteran who lived in South China thirty years under Communist rule will discuss Asia He led hospitals and Christian colleges and a university treasurer
MENTIONED IN THIS ARTICLE
Er. E. Pearce Isoyes
International Christian University
Japan
Wilk
First Methodist Church
Asia
Hayes
South
China
Fukien Christian University
Hwa Nan College
Union Theological College
Record-Setting Yet Uneven Chicago Hog Market This Week
Chicago hog prices reached a peak not seen since 1948 amid light receipts and rising wholesale meat costs. The week saw erratic cattle trading with small Monday receipts and Thursday surges, followed by declines as buyers resisted higher prices. Prime cattle and hogs advanced on weight gains while sow and lightweight categories showed mixed results. overall receipts ran higher than the prior week with varied demand across steers, heifers, and lambs.
MENTIONED IN THIS ARTICLE
Chicago
Vancea
USAA
Beeves
Heeves
Nebraska
Lght
Pence Cans Return to St Luke's in Penny Drive
St Luke's Episcopal Church will resume Pence Can Sunday with services as parishioners return filled cans to donate pennies and take empty cans home. Parish treasurer says over 80,000 pennies have been placed in cans in six months and a penny per person per meal, with a prayer, is aiding fundraising and teaching daily grace to children.
MENTIONED IN THIS ARTICLE
St. Luke's Episcopal Church
Cyril Benson Belliss
E.G. Scovil
Benson Bellis
Sabres Maintain 15 to 1 Kill Advantage Over MiGs
The Air Force reports U S Sabres shot down 220 Communist MIG jets in 71 days with no Sabres lost in aerial combat. In the past week 15 MiGs were destroyed and seven damaged while six Fifth Air Force planes were lost, none of them Sabres. Red ground fire downed two 48 Thunderjets and one F 9F Panther.
MENTIONED IN THIS ARTICLE
Air Force
U. S
Obituaries from Long Beach and Phoenix area services set
Obituary notices for Samuel E Plumb of Long Beach born Ludington Michigan died in Long Beach hospital with service planned in DuBois Pennsylvania and interment at Rose Hills Memorial Park. Virginia Elizabeth Robins of Phoenix 35 services held Huntington Beach. Charles Leonards Martin a Long Beach resident with service at Morells Chapel. Emmanuel Presbyterian to host summer conference and church school events with youth participants and congregational caravan set to attend.
MENTIONED IN THIS ARTICLE
Samuel E
DuBois
Obispo Ave
Andrew Talasky
Altoona
Tell
B. W
Morial Park
Whittier
Plumb
Ludington
Mich
Long Beach
Della Davis
Adeline Austin
Floyd M
Ray
A. D. Plumb
Phoenix
Virginia Elizabeth Robins Phoenix
Cota Ave
Smith's
Huntington Beach
Beriso
Argentina
Martin
Charles Leonards
Freeman Ave
George K. Phoenix
Daugh
American Ave
North
Dion Richardson
Hunroute
Tington Beach
Timothy Rob
10Th St
East
Michael
Robins
Bessie Maulness
Warren
Ohio
Torrance
Anita
Watkins
Methodist Church
Charles Brown
Long Surviving
Eleanor
Beach
West
Susan Martin
Emmanuel Presbyterian
Green Church
Sixth St
Towmmian Hills Memorial Park
San Pedro
Ave
Edward E. Baird
Areach
BR Mt. Westminster Fellowship
Sessi
Lecture on Christian Science to be broadcast on KFWB
Michael Francis Talasky of Los Angeles will speak on Christian Science its Secret Prayer and Open Reward in a Monday 8 p m broadcast on KFWB. The speaker, associated with the 17th Church of Christ Scientist, has resided in Long Beach for 25 years. George Channing of San Francisco died at home after moving to California decades ago.
MENTIONED IN THIS ARTICLE
Christian Science
KFWB
Talasky
Michael Francis
Church of Christ, Scien- Talasky
St. Louis Ave
Just
Los Angeles
George
Channing, Csb
San Francisco
Long Beach
Also Mentioned on This Page
Dow-Jones Industrials
H. Macgregor
H. DE LA Chapelle
EFL Hotton & Co
Emine, Weaver, Jackson & Curtis
Bay Shore Church
YFC
U. S. Coast and Geodetic Survey
Sonkiers
California
California Btarion— Mas. In. Statlan
Max
Sadera
Ert
Pasa Red
Bent Riverside
Burbank Blythe
Bernardino Ceric
San Dt
Culver City
Peanee
San Galte
Detrei
Banta
As Airport
Banta Barbara
Mt E
Sapte Monica Tester
Newport
Palmdale
Endieton
Charleston
Tadelpine Neupenrere
Tleisburgh
Dodge City
Sint
Eureka
Sacrament Fiiegiacs
Salt
San Antonio
Grand Junction
Annes Honoratu
Spokane
Jacksonville
Vancouver
Tuma
ST. Luke's
Sabres
Issels
Yokohama
Paetore G. Bien
BSL
St Todetiens Fimerican O
Nort Oe
Yokohama Curls
Sweas
An Fran Ape Howe
Sam Fran Synths
Olsen
Park
Tule
Dulvendys
Eeatlan Bidider
Jougmuhe
Reeit
Tororats
Runtkawa Kamogawa Maria
Ig Lumberlacy Aru
Chetobal Afarmaci
Inderini Monalas
Francrella
Wilson
Rader
Encine
SAN Ffa
Acificus & Jue
Fanama Express
Fai
Sue San Reebiah
Havre Remsen Heights
Santa Paula
New York Santa Maria
Penne Honolulu Tager
Nor
York
Tungska Tokai Maru
Immuner
Mania Famatory Maru
Ryove Stara
Famous
Catalina
Catalina Travel
Beck
Dooley
Duble
Long Beach Bivd
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