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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 22, 1947
Page
12
Listed prices on the New York Stock Exchange swung with wide gaps as traders reacted to mixed news and shifting demand. Investors including McOraw Ele and Mcintyre featured among active names amid broad gains and declines across sectors.
A brief notice reports current quotations from the New York curb market. Trading activity is summarized with key prices and notable shifts observed across commodities and securities.
In Badenhausen Germany a DP camp houses 1071 displaced people from Latvia Estonia and Lithuania. Many have trades in demand such as weaving dyeing tailoring shoemaking mechanics and carpentry while others pursue training. A U.S. survey lists millions of potential workers across fields including construction doctors nurses teachers and engineers with camps aiding self education and product creation for sale.
Pro government dispatches report a Communist drive on Fushun coal mines near Mukden repelled and 30,000 Reds driven away to retreat. Additional claimed gains include recapture of Fusín coal center and other targets, with casualties cited as about 10,000 Reds at Pamiehcheng and related actions across the region.
Los Angeles report indicates Louis Overell heiress plans to seek her own life after parents murder and yacht explosion. Uncles Fred and Emmanuel Jungquist connected to the case, with the estate valued at $400000 to be settled by sale of the dynamited yacht.
DETROIT Oct 22 Michigan state police said the body of a man, about 28, was found last night in a wooded Oakland County area near a Detroit filling station. Identification awaited after arrival of the missing man’s brother and an Erie post trooper. A newer detail linked to a similar disappearance of James Hall, 21, of Detroit, who vanished under similar circumstances earlier.
Yosemite report by Rennie Taylor outlines Thomas Francis Jr stating harmless viruses may curb disease by blocking virus entry. Weakened yellow fever and influenza strains show potential to prevent harmful viruses from attaching to cells, suggesting other beneficial squatter viruses exist alongside vaccines.
Jessa Oliver Swango, a 53 year old farmer, is jailed on a murder charge after admitting to Sheriff Carl Graham that he knocked his wife unconscious with a wrench in the basement and then set the home on fire. The charred body of Loral Shinwile Swango, 32, mother of two, was found yesterday. Postmortem showed head injuries. A coroner's jury recommended holding Swango for the grand jury.
Tokyo October 22 1945 former premier Hideki Tojo was formally purged and banned from holding office again along with 24 other wartime leaders. The central screening committee formalized the edict during the occupation defining who may not hold public office.
More than 1000 tribal leaders from across Iraq gathered in Hilla on October 22 to consider the Palestine situation. They pledged to probe all questions and explore possibilities for cooperative brotherhood in what they called the sacred struggle for Palestine.
In Los Angeles on October 22, Josephine Tumminia substituted for Lily Pons in the San Francisco Opera Company's Lucia di Lammermoor after Pons fell ill. Tumminia was summoned from San Mateo for the night’s performance. The audience was more enthusiastic than critics with Albert Goldberg calling it reasonably competent though Tumminia’s voice was small and often drowned out.
Mrs Vivian Ide of Springfield Illinois returned home after a week away to find a “big young man” had been an unwelcome guest. The intruder bolted through the door and fled over back fences as Mrs Ide and her maid entered. A survey showed he had eaten a week’s supply of food and slept in her bed. Police were notified.
New York U P reports a nationwide survey finding about 66 percent of Americans 21 and over drink alcohol. Among drinkers 46 percent are occasional, 35 percent abstainers, with 37 percent consuming distilled spirits. Men 73 percent drinkers vs 56 percent women, education shows higher drinker rates, racial differences minimal, and study says drinking not yet a national habit.
Tokyo Oct 23 UP Two Americans George Truman of Los Angeles and Clifford Evans of Washington sought permission from the Soviet Allied Council member to make emergency landings if needed during a around the world flight. They planned to depart Haneda near Tokyo to Chitose on Hokkaido then Nermaoro on eastern Hokkaido before heading 1500 miles to Shemya in the Aleutians.
LOS ANGELES October 22 President W L Allen of the International Brotherhood of Commercial Telegraphers says the union has an excellent record of no strikes. Speaking at the annual convention attended by 150 delegates, he notes the 42 years of contractual relations with wire news services.
Los Angeles flight from San Francisco to Los Angeles clipped nine minutes from the old time, finishing in one hour 14 minutes. Captain Ronson White of Kansas City piloted the plane which reached a top speed of 375 miles per hour with a 60 mile per hour tail wind.
Gloria J. Galaz, 2, of 6128 Rose Ave, was bitten in the left eye by a dog while playing on the yard at home yesterday. She was treated and released from Community Hospital. Police reported the incident.
GAS VEGAS Nevada Oct 22 California and Nevada water experts anticipate further interstate disputes over Colorado River water. A joint session of the Nevada and California Colorado River boards discussed proposals for Supreme Court adjudication of state rights. Engineers warned that authorization of Bridge Canyon dam and Arizona water demands could leave insufficient water for all projects.
The market shows varied prices with cattle and hogs trading lower on the day. Stronger demand for top quality yearlings and fed cattle contrasts with softer sheep and lower overall receipts, while prices top out around 324.25 for select heavy bulls and 27.88 for some calves.
In New York today, market activity shows demand and price movements as buyers and sellers react to shifting commodity signals. Trade notices indicate ongoing interest in cotton futures and spot prices amid uncertain global demand.
Treasury report outlines grain market figures with totals for receipts and disbursements. Figures show large sums in thousands and millions, including explicit totals for various categories and last year comparisons.
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