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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

May 04, 1948

Page

8

Industry Profits Gain 23 Percent Over 1947 First Quarter

The New York report analyzes profits across 430 corporations, noting 23 percent year over year gains in some sectors such as petroleum refining, autos, electricals, machinery and mining, while foods, steel, chemicals and others show declines or small rises due to rising costs. The piece discusses net worth, inventories, and wage pressures amid shifting profits and prices.

York National City Bank of Newwork Petroleum Inovtucts Iron and Ee National Association of Manufacturers Congress of Industrial Organizations

Long Beach Bank Debits Rise 10.8 Percent in 1948

Federal Reserve data show Long Beach bank debits up 10.8 percent in March 1948 and the first quarter from 1947. Long Beach ranked tenth in the Francisco district with March debits of 164,156,000 and Q1 totals of 484,962,000. Los Angeles led the district. nationally 333 reporting centers posted a 13 percent rise in the first quarter.

Long Beach Board of Governors of The Federal Reserveystem Francisco Los Angeles New York City Chicago Philadelphia San Francisco Seattle Portland Sacramento Oakland San Diego Salt Lake City Phoenix

Private Home Building Gains Across April Total Construction

The Commerce Department reports private home building accounted for about 40 percent of new construction in April with private housing valued at 500 million dollars, up 5 percent from March and 61 percent from April last year. Public residential work totaled 7 million, while total construction for April reached 1.269 billion, up 9 percent from March and 87 percent from April 1947.

Washington Commerce Department

Business Failures Hit Six-Week High in April

Dun and Bradstreet reports 62 commercial and industrial failures totaling 108 in the period ending April 20, the highest in six weeks. This compares with 100 in the prior week and 70 a year ago.

New York Dun & Bradstreet

Early N Y Stock Prices and Market Notes

Reading of New York Stock Exchange quotes and market activity shows mixed prices across sectors. The page lists grain and livestock futures, industrial stocks, and notable price changes, highlighting Davison, Beattie, and Gresham Corp among others.

Unclear OCR: Local Market Price Report

Fragment presents garbled text with references to hay prices, names Alvin L. Coober and Ylesseo, and numbers. Core readable items indicate a price listing or market brief from a local paper. No clear events, dates, or locations are established.

Dividends and Market Notes From Chicago and New York

A garbled digest covers dividends, contracts, and building notes in Chicago with mentions of architect Enaton and contractor Malercradt Coxig, plus June dates, and a long New York Cotton Market report with prices, futures, and overseas demand. The snippet also references Wall Street activity, foreign exchange rates, and commodity buying signals amid late trading.

Malercradt Coxig Enaton Chicago M.” Jarvis Duplex Perertnc Say bauRe CIA Arden Ananema Sige Enisinees Ste LeMay Aimends Amerex Holding Jos

Further Buying Demand Rescues Sliding Stocks

New York May 4 market edged up on renewed buying demand amid government spending optimism. Big names led gains while film stocks faltered after a Supreme Court decision. Standard Oil of Indiana announced May 6 price adjustments. failures totaled 106 in the week to April 29, up from the prior week.

Gray Mig Thorp Corp Cities Service Blue Ridge International Petroleum Supreme Court Petroleum ‘Co Standard Oil of Indiana New York Santa Fe Southern Railway Union Pacific U. S. Steel Youngstown Sheet Goodyear U. S. Rubber Boeing Western Union Anaconda du Pont

Utility to Sell Bonds for Expansion

California Electric Power Company tells the Securities and Exchange Commission it will sell 2.5 million dollars of first mortgage bonds to fund expansion. Bonds are due 1978 with competitive bidding to set interest rate and offering price.

Washington California Electric Power Company Securities and Exchange Commission Commission

New York Curb Suspends Member for Three Months

The New York Curb Exchange suspended Jack J. Dreyfus Jr for three months and barred active association with him as a partner in Dreyfus & Co for six months. The action followed charges that neither Dreyfus nor Nulty exercised due diligence to supervise subordinate employees.

New York New York Curb Exchange Today Jack J. Dreyfus Jr The Exchange Dreyfus & Co Dreyfus William BE Nulty

Los Angeles Building Permits Hit All-Time High in April

Los Angeles issued permits valued at 32 last month, an all-time high, with 103 permits in April. The year to date figures show 1948 permits totaling 23,272 valued at 126,790,225, compared to 19,812 permits and 64,535,421 for the same period in 1947.

Los Angeles

Industrial Stocks and Utilities Snapshot

Los Angeles stock list shows renewals and price movements for industrials and utilities. Market notes reference Walker & Co. and others in the sector as of the latest quotation period.

Early New York Curb Prices Quoted To Tax Ot Soon

A fragment notes curb prices in New York quoted to tax authorities with Eastern markets mentioned. The brief item hints at imminent action or reporting on price levels affecting trade and consumer costs.

Livestock Market Report Signals Mixed Friday Prices

Readable market notes show barometers for cattle hogs and sheep with mixed directions. Bulls vealers at steady to higher values while steers calves and proportions differ. porkers and slaughter lambs show variable demand and price shifts. Multiple firms and commodity codes referenced indicate broad market activity across beef, pork and lamb sectors.

Exeter Chicago Dtcaco General Motors Corp Lam Giadain Behan Ee Fieara Yeseli Ima Ifan Pete Co Lever Neanion Hosbaver Seritieed Air Corlow Cioca Maetet Ol Co Gee Old Chalice Dan Heifer Pac iRaettf E&a Hrurara Oes Betis Reroleum Am Evern Lambs Republicn Piyvwood Raytheon Mae Giles Abe Fey Zalven Cory Aise Tevest Roy

Earnings Reports Show Mixed 12 Month and Quarterly Profits

New York records indicate several companies reporting mixed profits for the latest periods. Southeast region utilities and General Cable Car Corp. posted varying quarterly outcomes while Bourton On Go Texas issued quarterly earnings per common share figures.

New General Cable Car Corp Bourton Texas

Babson Stock Advice Polls Hold or Switch

Babson analyzes stocks and will indicate whether you should hold or switch them based on current evaluations. The guidance aims to help investors decide actions on holdings.

Babson

Fragmented Over The Counter Securities Listing Snapshot

A scrambled OCR fragment presents a wide ranging list tied to finance and insurance topics. The text mentions Boston, Chase National, and various numbers, brands, and places, but due to garbled content no single coherent event or figure emerges. The readable elements suggest a historical inventory of firms, products, and rates without a clear storyline.

Also Mentioned on This Page

Business Mirror By Sam Dawson II A. M Terport Federal Reserve Bank of New York United States Wholesale Grocers’ Association Memphis Harold O. Smith Jr International Textile Machinery, Equipment and Supplies L. B. Bank Deeus Recording Ecubaleusia Alige Chapman Ean & Za Figrence Fellowski Ramee J Gee Soller Uc Inter Blanton Alh Clara Steen Wiliam Vera Pyne Tyasda Robert Leaprile Miry G. Lewis Weir i Cole Meeces Figtenee Walker Eaeena Colbert J. T Linden Ave Colh Josephine Simpson Bert x Ang’ Jace S. Pauly Pérsesy Ste Joni Gretta ‘M Roasa Clenelly Ana Margaret B. Henson Ixtle James A Rernice J. Croaby Raneat S Dolores EB. Stricklin Gardenia Shales Wilma Chock Jy Ty Barwell Ate Rusolph C. Ant Geredine M. Sathis Omer Basil Miajared Smith Pialines Jeanette Dagestt Ivan Roe Nm Sageott T Mary BP Crocker Daisy Edward J Marian Chapat C. Ie Berths Ty Asker Alnambra N. Y Zelew New York Stockh Exchange Meen Tedey Ganoraueg Eeloe Mudice Sluray Coe Nse Ore Cs Avolt Lap Fk del Luawvest Nanna Kevin Ace-Ani Flay Pei Ratton Petok Nat Viation Admiral Divea “Corp Eastman Broch Firth HE Vemnmis Eins Ry Halton Lakey Bell Aire IB Goa Ioue Lee Torbenouna Sela Bel & How Arecord Corp - 47 Ted Averse Loppe Mont Bend Heaviea Colorado Greshod Corp Hayes Mt Ain Aden al Eldtine Shorn Sieuahier Besisie Taylor F. Gatton Bulllo Muerte Ak BE Blaoubebolaw Witcox Bowston al Ping Ave Harold Sea Reet Weaon Wiley Bacaatne Rehensse James Welling Iowa Steel Tor Riebrtein Engin Leonard ‘Larsen Wigan Eneincer Iwest Moe B Aida Ital Anthony Oilgiers Scouttacine Lee R& T Martin-Parey Mencel London Dayton Heath Ae L. Coober Catton Commission House Eling Wallington Southern Grenmen Wil Varly Hollis Japan Mearty Wing Ee Ie Anne Foreign Exchange Britain Braden “Thronal Seus Amer Brasil Bnet New York Curb L. A USA DOW, Jones Buttes & Os Ipsa San Jot Statin Pve Heth Rasapia LOS Angie Leng WEA San Droo Tarr Babson Mata Huttongco Jcombente Broadway Staynoy Burn & Co. Inc Wene Age Insurance Aviation Mala Ik - Itong Beli Lorinetean Senite Biba Betaaice Fine Ae Mater Tore Piremen Boston el Atp EA Ajemiy Ti Ecundere Fire HS Mron Miialon Haritis Bice Sizy Lee Rome Insurance Cater Ae Sanita Abghikean “Co Farderd Acad Zac Ik Sinncoloe Clary Hanke Paust Co Berlin Banhattan Ub Chase National Ducoimmun Yania Jose Babes Gu Aera Pac Tr & B Edor Keudeen Cole Income Securities Farmers & Merchants Bank lOutriias
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