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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

Jun 02, 1948

Page

8

Stockholders Outing at Flemington Embarrassingly Large

New Jersey Standard Oil held its annual stockholders meeting in Flemington drawing over a thousand attendees, filling the theater and a nearby tent. A special train from New York and Newark delivered guests while cooks and waitresses from local churches and organizations fed the crowd, marking a record turnout and prompting talk of building a conventional hall for future meetings.

New York Ip Standard Oil Co New Jersey Flemington N. J Red Earth Standard Oil Jersey Standard Newark

Stockholders hear Abrams voice profit rise at Standard Oil meeting

At a New York gathering of about 20 million outstanding shares, Abrams reports first half earnings of $210 million and a projected annual per share value of $15, noting real purchasing power growth since 1942. Stockholders respond with quiet approval as the proxy quorum is in attendance.

Abrams Standard Bureau of Labor Statistice Standard Oil China

Investment Trusts Price High in May

LOS ANGELES June 2. Trading in stocks during May was the heaviest of any month this year. Dealings totaled 1,188,154 shares, with a value of 17,002,208 dollars, up 22 percent in shares and 15 percent in value from April.

Los Angeles Secuntion Ceaters Amer Equitabia Aumblic Club Amer Ine Newark Gosiea Soomutaee Ofairman Vor Caruaty EA Franit Hines Geeangint Aral Ae Ag ’Ey Elreman's Fund Berkshire Fine BP Marnbart-Mor Conwu AEE Ems Mace Bayer Ovis Anita Olisie Brown Co Brevaway Daept Mongea Petret Financial World Maryland Advansay Tamnemer Noreh Beth Likely Otain Providence Chikaan Esirancersene Clary ‘Smultipiier Lance Wuchk Financial Ans Coele Heonies Seadditan Seaboard Finance Pieraniy Busan States New York Eisiete Radio Coast Fullerton Ussie Raetor Bladen Bae Be

Cotton Markets Show Mixed Signals Amid Inventory Concerns

The report notes unsettled cotton prices influenced by shipments to Japan and other nations, with the Atlantic state pausing operations since May 21 due to piling inventories. Prices climbed to new highs before closing lower, while futures rose on supply fears and stronger demand signals.

New York Japan Altantion FouRn Caroling Thik Og Speevioite Bens Colton Lea Euusren

Grain Markets in Chicago Edge Higher Amid Trading Activity

The Chicago grain market shows rising prices driven by active trading and strong demand. Corn soybeans and oats move with higher quotes while futures edge up as traders react to market signals and harvesting progress.

Oils and Steels Lead Stock Trade With Firm Bonds

Oil and steel issues carried trading near flat as gains in oils and industrials offset declines in others. New highs were touched by Shell Union Oil Standard Oil of New Jersey Indiana Electric Power Celanese, with U S Steel and Allied Chemical up, while American Can and International Paper lagged. Government bonds remained firm despite expected fed reserve reserve requirements and limited selling.

New York Shell Union Oik Standard OF N. J Standard Oil of Indiana Electric Power & Light Celanese U. S. Steel Youngstown Sheet Republic Steel Mission Corp International Harvester Pan American Airways Allied Chemical Atlantic Coast Line American Telephone General Electric American Can International Paper American Smelting Goodrich Douglas Aircraft Pantepec International Petroleum U. S Federal Reserve

Livestock Market Report Lists Steady hogs and mixed cattle

Livestock prices were mostly steady to higher with hogs at sellers’ prices and cattle ranges wide. California and Los Angeles markets show steady hogs with top sows near 18 dollars and steer and heifer prices ranging 32 to mid 40s, while stocker and lamb figures vary by grade and weight.

Federal State Market News Service Ron Angeles Howe Vanat Ssaulinp.y Bréiere Leghorns Eis Whunder Ik Bult Ted

Foreign Exchange Rates and Market Notes

The listing shows scattered currency values and notes on exchange shifts. Mentions of Great Britain Canada France Italy and the United States indicate broad market activity with prices around several dollars and francs, plus references to June and May dates and minor corrections.

Markets at a Glance from New York June 7

DOW and stock averages show narrow losses with bonds steady and conversion notes active. The report lists price levels for staples, grains, and cattle futures, highlighting wholesale price movements and a general market mix amid period trading.

New York Narow

Investment tip ad asks about stock holdings for advice

An advertisement invites readers to list Amn Tel Tel Columbia Gas Gen and Telephone igeneral holdings or seven others to receive free guidance on whether to Hold or Switch. No cost or obligation. Mail DI LEET-OS for evaluation.

Amn Tel Columbia Gas Gen Telephone Igeneral Bebson

Treasury Report highlights fiscal year totals and deficits

Treasury releases show a fiscal year summary with receipts and excess of receipts, debt levels, and year end figures. Notable totals include a large overall debt figure and multiple hundred million dollar entries, reflecting government revenue and outlays.

Citrus Market Prices From New York and Chicago Auctions

Fragmented OCR notes list citrus items and prices including oranges and miscellaneous produce. Mentions values like 150k, 5.504, 6.00, 8.05, 2.75, and 3.50 with references to New York and Chicago markets and varied box counts and sizes.

Dane Nargen Estson Fasricem Swh Chicago

Also Mentioned on This Page

By Sam Dawson Wilmington Del Guy W. Vaughan Vaughan Jefi In Flemingtor F. W.abrams Eugene Holman New York Stock Exchange Hess Bibie Percy Mamas Caan Remeneeey Avarane oHan Pry Nycmass Australia Lonttel Pusatrea Blencoal Petetim Ein Canal Do Ajiway Star Telmenewe Ny Reese Corenda Shane Sam Feranten Lee Norwich Phar Sonia Renee Norway Peru Rio de van Norman Andre Ae Armaurace Armetm Pal Uae Aig Fee Gesseate Rapher Ani Mercis Plover Aitip Puper Staal Yandard Phat al Gay Finbury Euther Fay Es Bimaistek L' Inks Peonies Dreraee tCenieh Bnie & Thio Flem Savak Tara Erie Etmauewewein Theat Associated Prexa Cinee Salen Cloen Painahd Prod Corp Hilger Ant Aiton Paneiael Ford Bot Lawrence Corp Blywood Ph Matacalbo Euattene Tane Simpacus, Pat Ls Busseasrae Humbie Boigrate Beneep Btert Ming Riles Kannelle Gin Feehnica Ikataer Fort Bush Gormin Robert Utanidana HLAW Asoa Luis Toa Beer Nom Nk Lealne Stalatack Aly Eureka Paul Polarie Saag Ann Eenrime Bec Donmasn Putnam Fund Ft Invest Saige Wellington Corm Sete Ube Gece Keane Ani Shea Cpt Boh Atreny Jen Saramera Caure Udeasi‘nega Prt Tradere Reeser Eo Stokes Cms Fale MeLouth Owl Inter Mohawi Martin-Rocktail Opnel Buller Tyivi Bastian Bie Wash. Ink. Juni Tune Celanese Reneaual Express Stake Ene Eet Msb Nall City Enaneea France Italy Smaden Mb Viiseri Rane Mare Tania Avirie Angers Nets Dow, Jones Paralabea By & F. Button & Co Barson Mase Treasury Report Lewes Revue Ag Greene LE Trinity York
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