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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Jan 31, 1957
Page
6
The New York stock averages showed cautious gains amid mixed tone as investors weighed industrials and rails. Analysts noted shifting sentiment with Amgen and other major names cited. volume hovered around half a million shares with various issues advancing and retreating.
Financial figures show a rise of 40 in year end earnings with prior year comparatives. Executives including Tank 1 and Straus led the hoard chairman group in reporting results. Several line items appear in scattered figures such as 6870.01 and 36.2202 and 780, with additional entries around 21000 and 5, 8,449 and 2956 echoing unclear allocations.
In New York on January 21 a garbled market briefing notes uncertainty as heavy stag supply presses the sector. Mentions values around 4.35 and 4.12 in related shares, with unclear references to Union and affaliitorma.
A garbled AP wired lossy OCR lists names, ages, and partial details for multiple marriages and births. It mentions Katherine Bizer Adolinn Joth yala TheoniA Tul Gaelsaru and others with scattered ages and locations amid financial items and stock quotes. The fragmentary text also references dividend notes, Armstong Cork, Raytheon profits, and a Washington January 21 dateline with political commentary on House Republican plans and Eisenhower era civil policy.
New York stock market opened higher on balance but steel and copper shares faced losses. Bethlehem Steel slipped about a point as directors planned dividend and earnings discussions after the close, while U S Steel edged lower and Anaconda fell. Oils rose modestly with Gulf Oil and Texaco, and other issues like Westinghouse, Baltimore & Ohio, Johns Manville, Goodyear, and International Telephone posted gains.
The city council paused a drilling resolution to allow exploration of the Franklin field area in Olmos basin for a potential site. Representatives from Shearer Hills withdrew objections after clarification that the move does not authorize a pump station and an ordinance granting drilling rights must be approved before further action.
Mrs. Marsha Simpson wife of Lackland AFB Sgt Jacks i Simpson faced negligent collision charges from Nov 1 last year as she pulled into her driveway at 3515 S W Military. She defended herself in German with husband translating and the judge fined her 31.
Washington January 31 sponsors of a congressional petition to head off a Tito visit still seek signatures despite President Eisenhower calling such visits useful. Belgrade indications Tito may not come do not deter the effort now signed by about 160 House members.
William C. Barlow was relieved from the army yesterday, taking his discharge from an ordnance depot unit at Sandia Special Weapons. He held the rank of chief master sergeant, served on duty as a commissioned officer, and retired as the highest rank he attained.
Texas poultry trading shows steady demand with moderate prices and buyers active. Chicago reports mixed wholesale prices for live poultry and related products, with overall current rates holding near prior levels and notable movement in certain grades.
Washington reports government may take additional steps if oil firms do not voluntarily increase production for export. Interior Department urged American producers to lift output for shipments to Western Europe, facing oil shortages after Suez disruption and a Syria pipeline issue. Weekly U S shipments to Western Europe averaged 72 000 barrels daily last week.
A mangled OCR snippet mentions scarce names and places with garbled phrases. It hints at a travel or sales note, plus scattered references to events or ads, but most details are unreadable. The readable bits suggest a dated, local ad style with partial numbers and stray terms.
The city closed a two year court battle by voting to pay Sam Schaefer the remaining $19,540 of a district court judgment. The council also authorized withdraw of an appeal and approved paying $53,040 to Schaefer in total. The case stemmed from a 40 acre land condemnation south of Somerset and Palo Alto for freeway right of way, with county condemnation earlier paying $35,500.
City Clerk Assistant Frank Gallagher gains two clerks as 42 new vehicles are purchased for police and admin use. The fleet includes 22 Plymouth sedans from Spencer Motors and 14 Chevrolet sedans from Smith Motorames, with five Chev routs and total spending of 60,599 dollars. Public notices and investment pitches accompany the report.
Duval County grand jury indicted Atlee Parr and five others in a case tied to the Benavides Independent School District election A conspiracy to misapply public funds and diversion of a special district fund are alleged along with bribery of electors in a primary. Named defendants include R W Milligan superintendent since 1938 and associates Chapa Garza Olivera Carillo with Parr Ligan and Caniles Valerio among those charged.
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