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Newspaper
Pasadena Star News
Location
Pasadena, California, United States of America
Date
Jun 04, 1956
Page
16
Traders saw modest gains and small losses across sectors on light volume at the New York Exchange. Rail stocks rallied late while overall turnover remained among the year's slowest, with early-industry leaders like rails contributing to a tentative positive drift.
In Los Angeles cattle market Early reports show steady to firmer asking prices with feeders and slaughter cattle varying. Feeder loads mixed with good and choice quality steers around 118.75 to 135.50 per hundredweight and lower futures for some categories, buyers cautious as activity remains uneven.
Fragmented text shows commodity price codes and values, including per cer and loose stock terms. Mentions of Arizona and various price figures suggest a market listing or catalog data, with unclear item names and quantities.
Grain prices and figures from Chicago markets show oats and barley with No 2 yellow beans bid at 303n. Details reference July futures, weight categories, and regional price ranges.
A fragment from a coastal notices page references Cotten SE Jetty near the water with numbers that suggest measurements or dates. details are unclear but the item points to a harbor area or breakwater note.
A free 50 page booklet from Oscar F Kraft & Co at 530 W. 6th Los Angeles lists unlisted common stocks with consecutive cash dividends paid for five to 172 years. The publication highlights long dividend records and offers to send details to interested investors.
The body of Capt. Wilmer L. Paulsen, 35, pilot of the C-47 crew that went down in a Nov. 4 storm in the Connecticut River near Holyoke, was found on Eustasia Island near Saybrook. Westover Air Force Base identified him. four airmen died, four survived. Paulsen’s wife Barbara and three children live in Stockton, California.
The citizens committee for the Hoover report says the White House endorses 16 Hoover Commission proposals to streamline government. The package includes simplifying paperwork and creating a national medical library. Acting chairman Julian S. Myrick calls the endorsement a sign of forthcoming substantial action and potential economies.
George Russell McCallister, 62, executive secretary of the Los Angeles Rotary Club for over 25 years, was found dead on the Pennsylvania Railroad Broadway Limited near Lima Ohio. He was en route to the International Rotary Convention in Philadelphia with a round trip ticket. An artery in his left arm was severed and a razor blade was found near the body.
Midvale Idaho driver Verdi Williams stopped his school bus when the gas tank fell from the vehicle and lay in the roadway provoking a roadside wrecker call. No injuries are reported and details are limited.
Two boys aged 11 and 12 were held by juvenile authorities in San Pedro after a weekend crime spree that included a safe and cash register robbery and theft of $363 in cash and several radios.
Fragmentary OCR text mentions New York bonds and Louisiana, with unreadable phrasing and numbers. No clear event or names emerge to summarize definitively.
Emmett R. Mitchell named manager of the Sierra Madre office of First Western Bank and Trust Co. succeeding resigning Albert E. Morgan. Mitchell, an Oregon resident, holds a BS from Oregon State College and is a former U S Army lieutenant colonel. Cameron W. Waterbury becomes assistant cashier, transferred from Bellflower office.
William H. Davis head of the New Jersey Alcoholic Beverage Control Commission urged the owners of the Newark club Devil's Paradise to rename the establishment. Responding to concerns the name connotes immorality, the owners have renamed it Club Paradise.
A transplanted American rainbow trout in New Zealand rivers reaches weights over 25 pounds. Researchers note rapid growth and robust condition in the new habitat.
The Federal State Market News Service reports fluctuating butter and egg prices for retailers with grade A butter at 65 to 67 and 69 rating ranges. Retailer distribution shows higher costs at the plant, with 1 cent to 3 cent variances by carton size. Poultry figures list fryer and heavy weights, while rabbits note price pressures due to mining-related costs.
AP reports closing foreign exchange rates with mixed movements across currencies. Canadian dollar near 106.96 U S cents, British pound around 2.41, Belgian franc up, Germany Deutsche mark at 23.89, Hong Kong dollar at 17.80, and various other euros and regional currencies noted with modest changes.
Unclear OCR text from a Los Angeles market report cites AP and FMSN services with fragments about a lead item on US No 2 and a 30 31 notation, offering minimal readable facts or names.
Hotel operators from across the United States converge on Los Angeles for a three day western hotel show and mid year meeting at the Ambassador Hotel. Richard P. Irwin of La Jolla says over 100 exhibits will showcase new ideas and equipment for tourists and hotel guests. This marks the first postwar west coast show.
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