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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 18, 1954
Page
21
Times reports London stock index at 4521, up 2 points. Dow Jones data included with fluctuating figures from Friday 1954 showing various industrial and utilities stocks.
The New York Stock Exchange reports today’s closing prices across key indices and major stocks. Traders responded to market news with notable activity in blue chips and energy names.
The market shows varied cattle prices with higher bids for select steers and heifers, some sales down to mid 20s per hundredweight, and a few calves and dairy cattle trading at steady levels. Stock market activity includes mixed daily moves, with several railroads and industrials in mixed to firm position while government bonds remain quiet.
Lang Ganch and Califa Friidey are noted in a 1934 press item dated June 1 and referencing events or notices from that era. The fragment preserves names and the dating style of the period without additional context.
William Darrett, 20, of 6685 Gaviota Ave. fell 25 feet from a palm tree while attempting to reach a balcony at Municipal Auditorium where a high school dance was in progress. He was taken to Seasife Hospital with possible broken vertebrae as two friends tried to crash the event.
A damaged OCR fragment lists various prices and items such as Salter 2 in No 138 fee 9.09 and Frem 2500 7.98 alongside stray names or terms like Warley and Paty. The text lacks coherent context, dates, or clear entities.
Permanente Cement Co directors today recommended a stock dividend of one share for each, and increased the quarterly cash dividend from 35 to 41 cents. The 40 cent dividend is payable July 30 to shareholders of record July 16. The stock split would raise shares outstanding from 1.4 million to 2.8 million, and directors called a special stockholders meeting on July 8 to seek approval to amend the articles to raise authorized shares from 2.0 million to 4.0 million.
New York negotiators report MEBA and ship operators agreed on most contract phases on a Thursday night settlement. An ARA talk with the 2IO union was ongoing early today. Details show pension and wage components key in talks extending to December 1.
Thousands of stamps from around the world will be shown at the Long Beach Stamp Collectors High show in Municipal Auditorium beginning tonight and continuing through Sunday. Hours today 6 to 10 p.m. Saturday 10 a.m. to 10 p.m. Sunday 10 a.m. to 6 p.m. About 200 frames of stamps will be on display.
George Diving, owner of a barber shop at 4309 Orange Ave, was sued by the Berbers Hairdressers and Cosmetologists Union Local 622 for hiring non union barbers and failing to display a union card. The contract signed Nov 5, 195% auto renews yearly unless negotiations reopen after 60 days notice. Diving reportedly returned his shopheart on Dec 26, 1993. The union seeks compliance with all agreement provisions.
United Air Lines raises capacity on the Long Beach Municipal Airport to Catalina Island from four to eight daily trips. Walter Wehner, district sales manager, notes the addition doubles service with four morning and four afternoon departures starting at 7:35 a.m. and continuing through the day.
Los Angeles County Department of Parks and Recreation has taken over operation of Lakewood Tennis Club at Lakewood Country Club and will open the courts to the public following renovation. Assistant superintendent Johnson noted the club was previously run by a private organization.
Twenty five Long Beach area youths are to be inducted into the Army. They will report at 7 a.m. to the Pacific Electric station for transport to Los Angeles where they will be sworn in. Patricia Fisher oversees the local Selective Service Board and announced the Augmentation.
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