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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Mar 24, 1948

Page

14

Reconversion to War Production Discussed

Plans for another reconversion to war production are discussed across many sectors. Military chiefs seek approval for about 4 billion dollars more this year to support defense, risking civilian output across distilleries steel aluminum exporters and tire manufacturers as plants retool. A new priority system may replace voluntary allocations, with steel for freight cars drill pipes and farm machinery in demand and aircraft production to rise first. Export controls tighten as naval needs and dry docks loom, while industrial alcohol may surge to support military needs.

York Congress Chinery Ordnaree Washington

Stock Exchange and Market Listings Amid Turbulent Trading

The sheet shows transactions across New York Stock Exchange and curb markets with fluctuating quotes, notable price movements for many securities, and references to dividends, bonds, and commodity prices. Names of firms and indicators appear amid dense ticker-like data from the period.

Patchy OCR Inserts Boosters and Stock News Across Markets

Fragmented text shows mixed items from a stock market section and a financial column. It cites Western Airlines losses, a planned sale to United Air Lines for 9 75 million, and a gain after tax provisions, with scattered figures and references to Treasury reports and market prices.

Generals Pete Completes Three More Producers in Coast Basin

News of G fields reports General Petroleum and partners completing three producers in the Wilmington area with wells on Patten, Santa Fe Springs, and nearby leases. Production figures for several wells are pending while new drilling targets and reentries proceed in Signal Hill, Long Beach, and Dominguez districts.

General F Petroleumitor Well and Corp Redrill &P Wilmington San Gabriel Thelin Santa Fe Springs Standweil Torrance G. P Damm Brothers Petroleum Corp Bixby Sea Beach General Petralca Corp Los Gertitos No Log Cerritos Signal Altea Long Beach Carson Highangles Morton Sony Dominguez

Coal Strike Hits Shipments West

The Railway Express Agency said curbed rail operations due to the Solt coal strike seriously affect shipments to the West. An Order of Defense Transportation limited trains carrying shipments of goods from New York and eastern cities to western destinations. Affected areas include Omaha Kansas City Minneapolis St Paul Denver Des Moines and Pacific Coast points.

New York Ralway Express Ml Wert Order of Defense Transportation Ted New Omaha Kieran City Minneapolix St. Paul Denver N Des Moines Pacific Coaut

Steel Firms Keep Up High Output

SEW YORK March 26 UP Steel firms maintain high output this week as they gamble the coal tie up will not cost long. The Iron Age weekly reports output at 6.9 percent of rated capacity, down 18 points. The Iron Age notes miners and potential shutdowns, describing the strike situation as far more serious than public or government expectations.

Weston Cory Pte Wheeling Seae Saabs Eenan Priventai Vyadarn Seay Yiebier New York Balun Cioee Ae Bentley Dolinre Afl Uniers Secen Narod Mtn Baeaai Kinronaras Wien Sera Oilers Famie Rieraide Anit Elias Ehere Tor Aden Tagotal Matar Tlek Co A. Iy Pal Moonan York Iron Age Todsy. Fl Nathlap Sean Noel

Staple Price Trend Incomprehensible Historical Entry

An OCR fragment shows garbled jargon on prices and rents with scattered names and numbers. The text is largely unintelligible, lacking coherent entities or a clear event to describe.

Cotton Market Rumors and Mixed Prices Report

In a wheezy market report, cotton trade chatter and price signals surface amid uncertain demand. Brokers note firmer basis but uneven futures, with speculative interest seen around late May.

Noon Rally In Stocks Fades After Brief Advance

In erratic trading on March 24 New York stocks rose at noon led by steel and rail issues but later fell back as sells trimmed gains. Mission Corp and Anderson, Pritchard OW touched 1949 highs while several others like Plymouth Oil and Boeing advanced. Commodities moved mixed with wheat up and cotton near session highs.

York Mission Corp Anderson, Pritchard OW Plymouth Owens Tilnais U.S. Gypsum Veciric Power & Light Anaconda Wire & Cable Ol CN Down Chemical Pipai- Cola Alife Chemical General Motors Rae Street Nin Commission “Ale Apie Chicago

Markets of a Glance Fee Ret Peer Aero

Incomplete source text outlines markets and figures, listing several names and places in a fragmented fashion. The readable bits suggest a brief market update touching on prices or exchange values, with multiple oblique references to individuals and locales. The item remains poorly legible and lacks a cohesive narrative.

Also Mentioned on This Page

Business Mirror Dawson Atention Wayne Coy Federal Communications Commssion FCC Ralph E. Lapp Atomic Energy Division Rtsearth and Development Board Snail of Radio Engineers E W. Tinker Seccallee Serritory American Paper & Pulp Association Puolpot Agriculture Department Ciety of Automotive Engineers New York Stock Exchange Ty Exett DOW, Jones Los An Pitay-Rowen Nur Agamata Ana Baia Chtcags Tien Poiher Rags Treasury Report Ulgn Att Eeraaury Seger Aes Witaren Sa Saqsoia Ryrang Soganeera N Suthon Gta Oer Gabitsaes Wyeusitiek Western Air Lines Los Angeles Wester Air Lines, Inc Ake Dea United Air Lines Sarvs Mae London Ty Wat Rae GIL Fields Gen. Pete Hurley and Kelly Long Besch Orduno del Valle Signal Hill Jack Burley Paul Kelly Emonie Airemune Snaitaralslis Waltit Sintve Pritee 19 Neage Welling Ana van Ampaminant Aeivery Ounic Marin Ly Cotton Borton Briel Peer Aerosisi Ea Catton Reas Baste Pete Pamala
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