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Oakland Tribune from Oakland, California • 15

Publication:
Oakland Tribunei
Location:
Oakland, California
Issue Date:
Page:
15
Extracted Article Text (OCR)

Hagstrom's Sale Splits Markets Between 2 Firms Oakland Tribune, Thursday, Feb. 11 1950 15 Chiang Kin Asks Jury Speed Trial The Hagstrom chain of 33 food markets in the East Bay Contra Costa counties. The rest of, the Hagstrom stores will be operated by MarlwL, Oakland chain with 14 outlets from Vacavllle to a 1 i a according to Harold A. Smith, president of Market Investment. The exact amount involved in the transaction was not disclosed either by Smith or Emil A.

Hagstrom, rounder and president of Hagstrom's Food Stores, Inc. However, it is believed to be in the millions, principally cash. Included in the sale are the business, merchandise, equipment and fixtures of the retail stores, Hagstrom said. He will retain ownership of the property on which 20 of the markets stand and will lease to the new operators. Disposition of the Ihgstrom dairy, known as the Alta Corporation of California, and a bakery was not announced.

The firm has a creamery in Wllllts and a dairy and creamery in Oakland. This is the second grocery empire built up and, sold by Hagstrom, a native of Denmark who worked his way to America and started his first business with $75 capital. After engaging in the milk business in Everett, for a few years, he came to Oakland in 1915. Two years later he opened his first gro cery store 3979 Piedmont Ave. By 1929 he had expanded to 300 establishments known as Mutual Stores.

In that year his chain was merged with MacMarr Stores which later became part of Safeway Stores. Then in 1932 Hagstrom reentered the business under his own name, starting with 10 stores. The firm's headquarters are at 2900 Broadway. A jury trial has been requested for the grandson of Generalissimo Chiang Kai-shek, who is accused of speeding 80 miles an hour on Oakland's Warren Freeway. Atty.

Kenneth Carey today entered the plea of innocent along with the request for a jury trial for Alan S. Chiang, 25, of 1095 Keeler Berkeley, a student at the Arm strong Business College. Municipal Judge William W. Hoffman said he would set a trial date Monday, Chiang was oa Jan. 23 by Patrolman James R.

West. He appeared in court Feb. 5 asking for diplomatic immunity because of 1. i I will be divided between two other chains under a multi- million dollar sale agree ment, it was disclosed today. The purchaser is Market Investment Corporation of San Francisco, which announced that 21 of the markets will be resold to P4X Markets-Red and White Food Stores of San Lorenzo This firm has 12 nis ri'iauonMiip 10 ine jcn-eralissimo.

His request was denied by Municipal Judge Charles W. Fisher. supermarkets in Alameda and Kennedy Calls GOP Financial Policy 'Costly' NEWPORT. Feb. 11-(p High interest rates and a tight money policy are throwing men out of work, destroying small businesses and adding $9,000 to the ultimate cost of a $20,000 house.

Sen. John Kennedy Mass.) said here last night. Moreover; he told an audience of 300 that packed a school auditorium in this coastal city of 5,000. these things came from a deliberate policy of th Republican administration. It has oeen th costliest policy in our history, he said.

Kennedy came here on his last stop- in a two-day visit to Oregon, seeking votes in the May 20 Democratic Presidential primary election. When Kennedy's plane landed at the airport hundreds were on hand to greel him. He said it was the biggest airport crowd of his campaign thus far. Kennedy told his dinner audience the Administration thought it could hold down prices by making money hard to borrow. Instead, he said, prices as well as interest went up.

the rate of small business failures in the country doubled, public and private building costs soared and Economic growth fell to mat (1 MM vliia 1 A Gift She'll Love From Her Yalentine To Your Valentino RING AND PENDANT, H195 1' en A Week wVMonev Down Hand HIM 111 STERn7nSWR PotUo RADIO, AMAZING AUOITORIU mm aw; only THEY'REj IW1 half what it was eight years ago. FOR CONTROL Oklahoma Democrats In Clash OKLAHOMA CITV. Feb. 11 iP The hottest fight for control of Oklahoma's Democratic Party in years gained momentum today as both sides unleashed sharp attacks. Gov.

J. Howard Edmond-snn, backing Tulsa attorney Tat Malloy for "state chairman, and Gene McGill, the incumbent chairman who is seeking a new term, were the verbal brawlers. The first round in organisation of the party will be held tomorrow night at precinct meetings throughout the state. 1 A statement by Edmond-son that McGill would be. the state chairman of the county commissioners.

2 McGill's suggestion that the legislative council "inquire into the reason for the unusual flood of long distance telephone calls now going out from the Governor's office." McGill said many of the calls are to party officials and state employes. 3 Edmondson replied that -pressure is being put on employes of county commissioners for McGill. FEATURE PACKED TOO! Waterproof Shock-rosittant Dustproef Afiti-mognetie luminous dial Unbreakoblo mainspring A. MiWClli- omia, 29 dm-monds, Uk gold B. Perfect Pecktt-tlM ridie Utnin lirphonti voUe carat diamond 14k gold C.

6 brilliant diamonds in wedding set A WEEK O00OOOO0OOOO00O0O 00 kl A Tl Akl i ADVERTISED DECORATED "Texos-Wore" MEL MAr ffiWtSBBB 1 6-Pe. Tumbler Stirrer Ser DINNPRWadc inib Ri. 17.fl Sunbeam STEAM OIY IRON Give Him A Ronson Varjflame Windlito 1188 LIGHTER No Refueling for Six Monthi vVr A 52.50 Value 99 Rtg. 21.00 TOASTMASTER UA- 8.85 Aytomatlc PBUp ELEC, TOASTER M. I0 A WEIK 23.02 TIAVIL PO SPORTI ft 'Mi NO MONEY DOWN Labor to Push Political Activity MlAM' BEACH.

Feb. 11 Labor leaders said today that if businessmen succeed in becoming more active in politics it will only result in spurring workers to more voting activity. Georg? Meany, AFL-CIO president, said if business is successful in its drivt to get more management officials active politically the result will be an example to workers. Meany expressed i dence in workers voting power in saying yesterday he is sure the 14,000,000 member AFL-CIO will endorse a candidate for President this year. There was little doubt he meant 'he Democratic nominee although he declined to specify.

The AFL-CIO chief said he hoped thai current drives to get businessmen more active in politics will succeed because he said the more they do. they will arouse their employees on political interest. J- FOR fi Hi'll Get A Cltantr thsv With A SCHICK Powershave 14 11 is 11 'i1 iUCAl 1 COVfl FOLDING OPERA GLASSES wwr ui. 'H "rl- Valentine 66 "MM Formerly 31.50 Special Mori Beautiful Than Evor With A Give His Watch A Niw Look T4 SMVICI POR '14 0 for viumim wJ- Riming! ir "PRINCESS" SHAVER Of vawr too; Emeryville League nnniiitri rununAdsi Smsrt I CUPS SAUCERS Uk Gold "Kreislcr" EXPANSION WATCH BAND Itq. 17.91 tnn uttun i Vilun 66 1 1 at I AWMfc 0 0 0 0 eoo9teoo Backs Candidates EMERYVILLE, Feb, 11 -The League for Better Government, has endorsed two candidates to run against the incumbents in the April 12 city council election At.

a meeting last night; the league backed George Goodman and Anthony G. Cabral to run against Mayor Al J. La-coste and Albert Cristiani. Goodman, a retired sheet metal contractor of 1086 43rd was a member of the council from 1953 to 1955. He was a Lacoste-sponsored candidate then.

Cabral, a meat salesman of is president of the league and a former employee of Lacoste. TE 2-5122 LU 2-4550 YE 4-7625 LA 4-6641 LA 3-9700 Qokland: 1111 WASHINGTON ST. fn.TiPm. Hoyward: 22532 FOOTHILL BLVD. Walnut Creek: 1443 B'WAY PLAZA El EL CERRITO-PLAZA Alameda SOUTH SHORE CTR.

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About Oakland Tribune Archive

Pages Available:
2,392,182
Years Available:
1874-2016