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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 18 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 04, 1948

Page

8

Army and Navy gauge US plant capacity for war

The Army and Navy outline the nation’s industrial capacity surveying about 25 000 plants, with 90 percent of productive capacity mapped. 151 plants are on standby and 1158 tied by national security clauses, ensuring reconversion within 220 days. Stockpile goals face metal shortages though progress is visible with $477 million in imports and commitments of $65 million.

Sam W York Army Navy Munitions Board United States LeRoy Lutes Chamber of Commerce State of New York U.S Gen. Louies C. Donald Dallas Revere Copper & Brass Dallas

Securities in Strong Attempt at Comeback

New York on July 4 failed to turn a cautious rebound into a sustained advance. The close saw fractional gains erased by selling in the final hour as volumes remained light and many blue chips drifted lower or held mixed with small gains.

Securities

Dividends Declared by Numerous Companies in June

New York June 4 dividends announced by Jay Patifie Teles phone and Telegraph Co 3.37 on common stock payable June 30 with record June 15 Marve Hubbell Inc declares 0.50 on new common payable June 25 to stock of record June 14 Easy Washing Machine Corp declares 0.25 extra and regular 0.25 on Class A and B payable June 30 to record June 19 Syndsteach Machine Tool Cr votes two for one stock split and declares 0. For the old stock amounts varied in recent quarters several other firms including Pacific Telephone Clary and Walter and Puu list dividends and stock splits with payment dates in June and record dates in mid June.

New York Jay Patifie Easy Washine Machine Corporation Bald Pacific Feitphone Clary Rieke Met Tung Advance Bay Pse Wajalua Agricee Woodward Iron Food Machinery of Pacific Str Sily Tafune Peon, Walter & P.uu Eweeta Co Tone Montreal Telem Shine Mily Ind Pre Teows Unty Cyrl Steel Dune Cowmbin cAue Brilic Mte Hadily Tfune Is Feleri Milier- Woh Adyiire Cort Froedtert Graifauy Retei Suly Julian & Kokeags Rome Gabie Iuly I-Dane Riverside Eile BO A. Suly Ro Day Finance Co Pi Wooly We Pnay Ohie Arms Mills Steck Reis Ieee Aitnerat Gol Seat Hanna Brea Loncae Golam Tom Pat Silane Ann Gollen R&m Serva Bauston Roy Alghattucken Ami Faith Eine Gant Bates Leeane Elie Penn Jon Tor Pfizer YiDecce Ißenpiecken Sunerneater A' Lewity & Cof Sul Vm Gould Se — & Mitton Ingie Bristol- Sant Estercem BowerRoule Farageey Peatina&smi Brun Boeveneshite Pires Monarch Monsanto Capital Air Cero Carnie Corp Ie Nh Celotex Corp Aswlpre Feancer Senriusc Sige Moore-Mccl Motor Wheel Motorola Mueller Brass Shain Beit Ohseip Pena P Surrey Cers Ah Dai Hecker Cau Neak-Kelvisa RePoe

Live cattle and hog markets show mixed moves in Chicago and Los Angeles

Chicago dealers report steady hog prices and firmer cattle on Thursday with vealers dropping about 2.00. Bulls and good butcher hogs sell between 25.50 and 28.00, with calves and sheep showing scattered gains. receipts total around 600 head. Los Angeles cattle trade is steadier with medium steers 27.00 to 29.00, heifers 27.00 to 25.50, and calves steady to higher amid week receipts.

Chicago Celine Sowa Sizon Iambs Springer Oto Cholee Ewes Arwen Dusk Raad Kaal Yemrlings Ehnjee Los Angeles Ecamera Eteera Mhrong Toad Eood Chalee Aqoethy Tim Tampa Tune PSSEN Jemone Crapefruit Irse Imperial Valley Conmnele Valley

Foreign Exchange Rates Briefs June 4

New York exchange rates show small or no changes across major currencies. Canadian dollar quoted at 6% discount or 92 50 cents, unchanged. Great Britain at 54.08, unchanged. France and Italy rates steady. Sweden at 27.85, unchanged. Argentina and Brazil figures listed as unchanged with minor figures noted.

New Yorks Europe Great Britain France Italy Sweden

Stock Exchange Tally Reflects Turbulent Trading Day

A detailed scan of New York Stock Exchange activity shows broad price moves with mixed results across sectors. Traders monitor volatility as small caps and industrials struggle while some blue chips edge higher amid varied demand and shifting volumes.

Fragmented ledger style listing of companies and place names

A dense, fragmented OCR page lists numerous company names, locations, and financial terms across industries. The text intermixes city places like Chicago and Michigan with corporate names such as Technicolor and Valspar, creating a mosaic of potential investments, bonds, and trade marks without a coherent narrative.

Grain Market Trends and Prices Show Mixed Signals

The market report notes closing price shifts across grains with headlines on wheat soybeans and corn. Prices vary by grade with wheat around 4.32 and soybeans near 1.19 per unit while mixed grades show differing values overall.

Mites Om Board of Tyade Ieee Newa Jon Tun Mii Gorn Fed

Market closes with mixed Dow Jones averages rallying

Purmanes ny G Hallon a Love report mixed shares as Industrials push higher while bonds and stocks show uneven movement. The Dow Jones averages end with a marginal gain and the market tone remains cautious amid volatility.

DOW, Jones Purmanes Hallon Stoclee

Investment Trusts Bid Amid Market Fluctuations

Investor activity shows a mix of bids, yields, and holdings across several funds and sectors. Names like Boston, Aviation, Petroleum, and NatWide appear among diverse investments, with percentages and prices indicating varied confidence in assets and diversification.

Anclefed Fate Ze Hougton Boston 4, Inc Anda Oath Isvest Srgn Petroleum Hawkerhock BGR PRU Rtgs Mats NatWide Bella SeatesDiversio Patanzonaraa Valilaeian

Order Asked in Stock Case

The SEC prepared to seek a court order to compel two Cleveland lawyers Ab Jan Hui and Marvin C Harrison to testify in the Kaiser Frazer stock case. The firms Otis Co of Cleveland and First California Co of San Francisco canceled the deal on Feb 9. Eaton testified he is a majority stockholder in Otis. The lawyers refused to testify about conversations with Eaton and Hull citing privilege and lawyer client relation concerns.

Washington Securities and Exchange Commission Cyrus Eaton Cleveland Kaiser-Frazer Otis & Co First California Co San Francisco Eaton Otis Ab Jan Hui Marvin C. Harrison Harrison Hull

Bond Cash-ins Exceed Buying in May Treasury notes

Washington reports May cash-ins of Series E savings bonds at 316 million dollars, surpassing new purchases by 9 million while inflation security loan drive paused since April. Treasury officials remain upbeat as the loan program gains speed amid booming retail sales.

Washington Treasury

Pacific Telephone Restores Dividend At $1.50 A Share

Pacific Telephone and Telegraph Company restores its dividend to $1.50 per share payable June 30 to stock on record June 15. The payout, previously cut during rate increase proceedings, returns to the pre-1947 quarterly rate after regulatory adjustments and prior-year reductions totaling about $30 million.

San Francisco Pacific Telephone and Telegraph

Markets at a Glance New York Stocks Mixed in Early Trade

New York June 4 Markets at a Glance show mixed activity with legible mentions of Bond and foreign relief funds and gains in several listings. References to Lower Manhattan and London stocks appear amid unclear figures and sporadic price shifts.

New York Pomeratia Cohen Lower Manhattan Tiesi Qierer Weal OMAK

Retailers Again Report Gains

New York reports Memorial Day weekend shopping lifted retail sales in the week ended Wednesday, edging above the prior week and 8 to 12 percent higher than a year ago. Clothing volume rose with vacation wear and dresses selling well while lingerie and hosiery stayed strong. men’s wear edged up in some areas but hat or hosiery demand dipped. food sales also increased with picnic items and beer.

New York Issates Seases

Cotton Markets in York Hit Lower Futures Amid Weak Demand

June 4 report shows cotton futures sliding as traders fear reduced exports and soft textile demand. Analysts note poor crop prospects and mill covering against toxin sales, with July contracts down and nearby prices around 65 to 180.5 cents per bale.

York Mons Committee Oitenega Wees Cmtron Wuturen Sbusk Bndt Sheow Mudai Etpat

Citrus Market Prices Report From Los Angeles Values

Market notes show mixed citrus prices across regions with Valencia oranges and grapefruits listed. Several consignments from San Joaquin Valley and Imperial Valley appear with varying prices and pack sizes, while smaller lots show broad price ranges and several uncracked or wrapped options.

Bond Market Scattershot Accounts and Public Figures Mentioned

A garbled OCR capture references bond market activity and various figures, including dates and numeric values, with scattered mentions of financial terms, places, and people. Specific entities are unclear, but the text hints at market conditions, bond sales, and possible archival notes from 2003 to 2010. The piece reads as a dense ledger or index rather than a coherent narrative.

Also Mentioned on This Page

Business Mirror Army, Navy Dawson Smail Hanes Ohio Seaboard Association of Steel Distributors Office of Industry Co-operation Department of Commerce Pittsburgh Roy A. Hunt Aluminum Co. of America Associates Food & Container Institute of the Armed Forces B. S. Clark American Can Broun U. S. Steel General Motors Montgomery Ward Jd. I. Case Caterpillar Tractor Sehenley Kennecott Copper Phelps Dodge Boeing Lockheed Fairchild Camera United Shoe Machinery Midvale Todd Shipyards U. S Pacific Telephone & Telegraph North American Aviation T. Alan Goldsborough John L. Lewis Southern Coal Producers Association New York Stock Exchange Vanasioncor Paienas BO Ind Pure Ou Aki Ap Atm Wea Timiebet Inia Tin Dace Beene Blow Asanales Equity Butea Cay Alreonte Fairchild Eharls Ter Alum Pioneer Gold Lea Arm Btarrelt Corp Gan Lake Ahare Cakey Pay Ak Lone Bray Gas Louis Cake Chang Dave Gan Z Owen Cox Valspar Corp Large Monogram Ict Venezusl Monroe Lown Wentworth Crete ACTAT Bane Ira Ion Ag Btoi Aviat Ben-Hur Baten Corn Asth Onan Riedie Fite Macker & Glens Fars Apts de Great Amer Inc Miacon Hartferd Hi Insurance Etna Conynentes Geo FE Ean Senthittes Heer Bea Goaranty Trust Rational City Jose Wat Coast Thames EK Siaree Duthys Apen Aden Farm Saupe Treasury Report Chia Ansets Gan Atd Goniaaaa Yeap Lezad Wale Waaller Eye Chris Tile Banat Aren i Bari Douglas Aberadt Inisty Kg Inim Foster Reiser Foster Reiser Semper Tay AYR Motors Sladding Fe Haan Ba Bally Develop Ah Australia i Welle Slincows Pate Meewe Aco A Eldental Pate Benunile Gige Ranch Bee Jets Solar Heldon Ihe Calif Transamerjer Hi Black Mammoth Rove Pacific Telephone London Lennon al Tyree Tony Ine conronArion Zacs R&p ORANS Cao Brithare Rene
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