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The San Bernardino County Sun from San Bernardino, California • Page 25

Location:
San Bernardino, California
Issue Date:
Page:
25
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THE DAILY SUN 25 Saturday, April 21, 1956 ARECETS Stock Market Makes Month's Best Advance AUTO INDUSTRY OUTPUT CUT; FURTHER CUTBACKS PLANNED DOW-JONES Furnished by Dean Witter New York Stock Exchange. AVERAGES San Bernardino, members of Net 1955-56 High Low Close Change Sales High Low 30 Indus 508.6 503.91 507.30 2.87 233,600 521.05 463.35 20 Kails 174.78 171.76 174.24 2.32 94,400 174.24 153.97 15 I'til 66.18 65.59 65.76 0.02 55,700 67.52 63.03 65 Stocks 180.95 178.83 180.31 1.26 372,700 182.70 164.29 40 Bonds 96.86 0.05 99.84 96.86 10 1st K. 98.67 0.10 10 2nd R. 97.97 0.05 10 Public I til 94.57 0.03 10 Industrials 96.22 0.03 10 MOST ACTIVE STOCKS NEW YORK Friday sales, closing price and net change of the 10 most active stocks. DETROIT (UP) The key automobile industry cut production this week and plans even further cutbacks in the next two months because spring sales haven't come up to expectations.

Ward's Automotive Reports said Friday. Ward's, the authoritative statistical 'agency of the industry, said failure of the spring sales to develop "as strongly as anticipated" has forced "tighter control of record new car inventories." SECOND-BEST TOTAL The agency said, however, that the total production for the first six months this year should be the second-best in industry history despite the cutbacks. It also said prospects still are "bright" that the high car inventories would be worked off in an orderly fashion before introduction of the 1957 models next fall. Production sagged 3.4 per cent to 131,449 cars this weeTc. A week ago production was 136,038 cars.

A year ago at this time 180,647 new cars were turned out in a week and the industry was rolling at its highest production rate in history. As a result of the cutbacks, Ward's said, production so far this g-7? -u'S? Total Sales Last Sale Net Change 1. U. S. Steel 29,800 62 1J4 2.

Ford Motor 28,100 56" i 16 3. Hudson Manhattan R.R. 27,800 3' 4. Columbia Gas 27,700 15' 2 5. Royal Dutch Tete 25,600 99 'i 6.

General Motors 25,300 448 's 7. U. S. Industries 22,500 19 J4 8. Standard Oil of N.J 20,100 59 9.

Transamerica 19,500 l7i 10. Studebaker-rackard 18,100 8'4 Total volume 2,330,000. FRIDAY STOCK MARKET Issues Traded Advances Declines Unchanged New Highs (1956) New Lows (1956) Friday 1,185 561 366 258 54 59 Thurs. 1,165 311 609 245 33 73 Wed. 1,305 401 530 274 61 71 Closlri N.Y.

Stocks Stocks: Challenge of Judge Saund's Candidacy Taken to High Court AFTER COLLISION Detroit Friday after collision sank in 17 minutes after night Ford suffered a damaged bow. NEW YORK CP Strong demand Friday for railroads and other key issues sent the stock market ahead in its best advance in a month. Steels, motors and some ot the oils provided initial encouragement. Later railroads took over leadership end sent the market to its best levels. Many stocks had gains of 1 to 2 points.

A few pushed on up well beyond that. AVKRAGE IT $1.30 The Associated Press average of 60 stocks gained $1.30 at $188.70. The jump was the best since March 22. The railroad component did best a gain of $2.20 at a new high since 1929 at $149.00. Volume came to 2,320,000 shares.

Huge Housing Bill Approved WASHINGTON (Ji The Senate housing subcommittee Friday approved an omnibus 1956 housing bill authorizing a much larger public housing program than President Eisenhower asked. The bill includes a big new program of housing help for elderly persons which the subcommittee chairman, Sen. Sparkman (D-Ala), described as one of its most signifi. cant features. In addition, it expands the FHA home loan authority to try to keep the private housing industry booming in the year ahead, and liberalizes terms under which FHA home improvement loans can be made.

Sparkman said the measure was sent to the full banking committee without a dissenting vote. The larger group is to act on it next Thursday. Eisenhower asked authorization for 35,000 public housing units in each of the next two years. But the subcommittee instead wrote into the bill language call ing for a return to the 1949 act which set up an public housing program. About 300,000 units have been built so far.

Thus the bill would authorize a program calling for more than 500,000 additional units No time period is fixed, but Sparkman said the subcommittee contemplated that the rate would be 155,000 units annually as set in the 1949 law. Investment Funds Furnished by Dean Witter Co. NEW YORK STOCK QUOTATIONS EDITORS TOLD SOME HOLES PUNCHED IN PAPER CURTAIN 9(1 Rheem Mf 33 16 Richfld Oil 76 4- RKO Picture 8 22 RKO Thea 10 73 Safeway St 57 29 Schenley In 2(1 334 Sears Roeb 32 46 Shell Oil Co 79 94 Sinclair Oil 67 3j Socony Vac 76 44 So Cal Ed 504 3vS Sou Pacific 56 25 Sou Rwy 119 Wi Sperry Rand 26 Std Brands 42 12 Std Ki 69 std Oil Cal 105 7 Std Oil Ind 60 Std Oil NJ 59 tn Stude Pack 8 86 Sunray Oil 26 43 Texas Co 130 5 Tide Water 44 53 Tran Air 23 Svi Transamer 40 19 Twent Cent 2S 34 Vn Carbide 126 56 I Oil Cal 61 92 I Pacific 15 26 i nit Air 3 24 Unit Aircft 68 66 Vnited Corp 6 44 Gas Im 35 99 Pipe 31 3s Ruhr 56 107 Steel 62 6 Mi Warn Bros 21 47 West Utiion 20 46 Wests Air 31 36 West Elec 5SH 49H Woolworth 49 9 Younsstown 55 1 bottom of St. Clair River near (docked, bottom). The Byer between Canada and U.S.

The arid Huron. (AP wirephoto) Milwaukee Bus Strike Ends MILWAUKEE, Wis. (UP) Bus and streetcar operators ended an eight-day-old strike in the Milwaukee area late Friday by accepting a 16-cent hourly wage increase which they earlier rejected. Buses and streetcars will begin rolling again in this area of nearly i a million persons at 4 a.m. Satur-I day, company President Fred Johnson announced.

The operators, who have been getting $2 an hour, voted 1,293 to 368 for a new contract providing a 7-cent increase effective April another 3 cents Oct. 1 and 6 cents April 1, 1957. It was the same proposal the members had rejected by a hairline vote of 969-966 shortly before going on strike at 4 a.m. last Friday. The settlement ends an eight-day public transportation shutdown that has flooded streets with record automobile traffic but caused a slump in downtown retail business.

5 7 iff SAN FRANCISCO Carl S. Kegley, Corona rancher and attor ney, Friday filed a petition with the State Supreme Court challenging the eligibility of Judge Dalip S. Saund of Imperial County to run for Congress. Both Kegley and Saund have filed as candidates for the Demo cratic nomination in the 29th Congressional District. Republican incumbent John Phillips of Banning is retiring.

The seat is sought by six other Republicans. KEG LEY'S CONTENTION Kegley contends that Saund, a Sikh who is a native of India, has not fulfilled the seven years' citizenship requirement for con gressional candidates. Saund's declaration of candida cy, dated March 7, showed he had then been a citizen six years and two months. He takes the position he is eligible to run because he will have completed seven years of citizenship by the time he would take office in January if elected. Kegley's petition contained noth ing attacking Judge Saund's com petence or credibility; it merely questioned his eligibility.

"I am bringing this matter to the attention of the court so it will enable everyone to know at an month is running at a rate of cars for the month, which would be only some 2.000 more than for the short month of February. Ward's said one of the low-priced car makers had planned to pare production 8 per cent in May from April. But it said it now is figuring on a 14 per cent cut in production. It said this was "a trend other low and medium-priced field makes are expected to follow." PICKI IN MARCH Sales of cars traditionally hit a high peak during the spring months. After bring cut back in FebiJ-iry, production picked up early in Mareti as sales ran heavier.

Sales ran ahead of production in March, but with inventories high the sales didn't run strong enough to permit jumping production and reduction of the inventory at the same time. Ward's said Buick. Oldsmobile and Pontiac only operated its plants in Michigan for four days this week. It also said Chrysler Division of Chrysler Corp. canceled assembly of cars Friday and next Monday.

early time what tLc decision Is, said Kegley Friday. "I believ this is the American way of doing it instead of letting it become the subject of a whispering campaign." Kegley's petition, filed through his attorney, S. V. O. Pritchard of Los Angeles, asks the State Supreme Court to order the county clerks of Imperial and Riversid counties, Harry M.

Free and G. A. Pequegnat, to show cause why Saund's name should not be kept off the ballot. Kegley said the attorney 'general's office had told him this is the first time the question ever has been presented to the court for this particular reason. PETITION DISMISSED Kegley and Pritchard rushed here late Friday from Fresno where they had filed a similar petition with the 4th District Court of Appeal.

This was dismissed earlier Friday, with Kegley's telephoned agreement, after it was noted that it was directed to Secretary of State Frank M. Jordan. Jordan already had certified Saund's name to the two county clerks, meaning that he had recorded it in his office, and said the matter had passed out of hi hands. 3t Price SL WASHINGTON (J) Rep. John E.

Moss Jr. (D-CaliJ) reported Friday that Congress, with the help of the working press, has "punched a few holes in the paper curtain of secrecy between the people and their government." But he told the annual meeting of the American Society of Newspaper Editors that a lot remains to be done to establish a free flow of news from government departments. He asked the continued cooperation of newsmen toward this end. PROMPT RECOMMENDATIONS ASNE's Freedom of Information Committee promptly came up with recommendations for changes in 15 laws, regulations and government policies declared to be hampering free access to the news. The committee called for a reexamination of President Eisenhower's 1954 letter to Secretary of Defense Wilson authorizing the withholding of some executive communications from Congress.

It also proposed amending two basic laws shielding many documents from public scrutiny, as well as removing information barriers erected by the Atomic Energy Commission, the Office of Defense Mobilization, the Commerce Department and other agencies. Moss said his House Government Information Subcommittee has shown in a series of hearings that "there is ample justification" for the complaints of newsmen that the government has tried to clamp down on many types of legitimate information. i 1 J0 BID ASK 6.15 6.66 14.74 16.PS 16.86 18.23 22.91 24.77 13 05 14.31 17.55 18.97 21.54 23.38 9.54 10.37 11.36 12.49 2.81 3.11 1251 13.71 16.84 18.45 19.98 2L60 2617 27.31 25.37 27.68 19.12 20.86 11.90 19.20 20.94 1246 13 60 17.11 18.74 12 95 14.14 14.55 15.88 10.4S 11.44 11.16 12.08 35 28 38.14 10 71 11.59 12.0S 13.17 13.75 14.99: 13.75 NEW YORK (AP) ACF Indus Air Reduc Aiaska Jun Alieg Stl Allied Ch Allied Strs Allls Chal Amer Air Amer Can Am Motors Am Pot Amer Rad Am Smelt A Amer Tob Am Viscose Anacon Cop Armco Stl Armour Co Atrh Top All Refill Avoo Mlg Xald Lima Bait Oh Bendix Av Bethlehem Bofina Air Rrden Co Warn BriKsi Mf3 Builard Co Burroughs Cal Park Canad Dry Tana Pac Case. J. I.

OXter Trac Celanese Co Ches A Oh CMS A Chi A Nw Chrys Corp Cin A 44 V. 41 12! 514 67 24 56 14 7'. 22- 54 H7 3 77 61 170 41 64 13 4' 59 162 62 -i 4-" 23 34 374 44 IBS. 34 17 64 23 'i 27 Tt 27 Clev El 111 Co Iff Palm Col Brd A Colum Gas Coml Cred Coml Solv Comw Ed Cons Edis Contain Cp Contl Can Contl Oil Corn Prod Crane Co Crown Cork Crown Zell Curtiss Wr Dousla Air DuPont Co East Air L. East Kod El Auto Fair Morse Fllntkote Co Ford Motor Gen Dynara Genl Elee Genl Food Genl Motor Genl Tire Goodrich Goodyear Gt No Ry Greyhound Gulf St Ut Homesatke Intl Harv Intl Nickel Intl Paper Intl TAT Johns Man Jones A L.

Kennecott Lehman Cp 3S 56' 25 15 4 2(1 42 47 SI 43 117 29 40 16 69 33 79 220 4- yv1 36 4(1 374 56 6(1 61 P7 44 6(1 69'i. 43 14 3" 35 35 92 134 35 52 51H 132 4S Citrus Shipments LOS ANGELES (API The Federal State Market News Service reported Friday (rrapefruit Coach Vly White slightly stronger, others about stdy; lemons steady, prices unchanged; oranges Navels firm. Valencias steady. Grapefruit White Ariz 85 per cent rs 1 or better ctns 24s-27s 1.50-75; 32s-40s 140-50; I 2s or better std hs 8-lb film bags 32; Coach Vly 5 per cent IS 1 or better ctns 32s S.00: S5s 2.50; 40s 2.25; 5-lb film bass 28; I 2s or better loose std bxs 64s-Ns 2.25-50; 100s 1.90-2.00; Imp Vly supplies Insufficient to quote: Ruby Reds Coach Vly rtns 85 per cent I 1 or better 24s 4 00; 27s 3 75; 32s 3.50; 35s 2.75: 4(s 150: 5ts S.00: 5-lb film hois 25; Ariz ctns LS 2s or better 20s-40s 2 50. Oranges Navels ex choice or better ctns southern 50s-63s 2 75-3 00: 75s-100s 3 75-85; central 40s-63s 2.75; loose std bxs southern l(-12Bs 3 150s-200s 3.60-75 220s 3 50: 252s-2s 3 25; choice loose id bxs southern loos-128s 2 25-aO: 5-lb film baas ex choice 37; mesh bass choice 27: Valencias ex choice or better ctns Arij Wos 2.75; Imp Vly loose std bxs liis-28Ss 3.75.

Sunkist Growers. Inc. reported Friday all auction markets California oranges were ahout steady. Representative prices by size: Sunkist. first (Trade 50s 3 17; 63s 3iW: 75s 3.34: 88s J.

46: 100s 3.63; lit 60 12s 3 15: 144s 3 (W. Choice, second 2.80; 63s 2.76; 75s 2 SSs J.04; 100s 3 12; 110s 3.16: 126s 2-S6. NEW YORK (UP) Citrus: California Navels: four cars, slightly higher in soots. boxes $3 44. Lemens: two cars, lower, boxes 12.97.

L.A. Produce LOS ANGELES (API FSMN 1 Straw-berries slightly stronger; cucumbers stronger: potatoes new crop Long Whites slightly wkr. others about stdy; squash Italian. Summer alightly wkr. others about stdy.

Strawberries: 12 Pint Trays University Tvpes local 4.00; San Diego Co 3.75-4.00; Oxnard 4.00; Santa Maria 3.50-4.00; Arroyo Grande 4.00-4.50. Cucumbers: Bu bskU Florida 8.50-75: Hothouse etna San Diego Co 1S-24S 2.00-2.25. Potatoes: Street sales 100-lb sk Old Crop Long Whites Kern Co I 1 A 5.50; New Crop Long Whites 50-lh sks Kem Co US 1 3.50-3-00; Round Reds Kern Co 501b ctns US 1 3.50. Squash: Fits Italian Coach Vly-Imp VTy Summer Imp Vly-Coach Vly Green 3.50-75. White 2.75-3.25: Yellow Crookneck Imp Vly 5 Banana local 6-6 5 lb; Hubbard local-Ventura Co 15-7 lb.

Butter, Eggs, Poultry LOS ANGELES (AP FSMN Eggs-receipts 8.3m cases; Wholesale: I'ncan-d ed-Produrer graded for sire Mm. 40 ler rent AA-r-Large 40-41: Medium 36-37: Small 32-33. To retailers b. disinlHi-tors' plant Ex Large AA 53-55; Large A A 46-4-i; Ex Large A 48-50: Large A 41-43: Medium A 37 3 Small A 32 33. consumers in large retail stores Large AA 49-67; Medium AA 47-54; Large A 47-5S: Medium A 45-49: Small A 41-45.

Butter receipts 472. mm lbs: jobbing prices to retailers in cartons: Grade AA S6-70; Grade A 66-68: Grade 64-66. Cheese receipts 109.000 lts. Live poultry, paying prices O.D. Los Angeles broilers.

1V2 lbs 20-22: fryers. 2-3 lbs 24-25. caponettes 26-29; hens. It tvpe all wts 15-18. cross 4 lbs up IS-30.

hvy tvpe. all wts 23 25. Metal Market Bullock Fund Colonial Fund Commonwealth Dividend Shares Diversified Growth Incorporated Inv. Keystone Cust. Funds: B-l 2 B3 B-4 1 K-2 SI S-2 S-3 S-4 Cdn Fund Mass.

Inv. Mass! Growth Television Fund Wellington Fund Chicago Grain CHICAGO (VP) Profit-takine toward the end of the trading session Friday lowered grain futures prices considerably. Closing prices were firm to strong with wheat at 1 to 2H cents a bushel higher; corn to 14 higher; oats to Hi higher; rye unchanged to 1 higher; soybeans 1H to 24 higher; lard 2 lower to 7 points a 100 pounds higher. CASH GRAIN CHICAGO (AP) Wheat: None. Corn: No 1 yellow 1.56.

Oats: No 2 extra heavy mined 70Vj: No 1 extra heavy white 71- 72. No 2 71i. sample grade 69 No 1 extra heavy special red 70H. Soybeans: one. Soybean oil: 15; soybean meal: 55.50- 56.00.

Barley nominal: Malting choice 1.30-40; feed 1.10-1.11. Bond Market NEW YORK AP There was no trading of U.S. Government Bonds Friday on the New York Stock Exchange. Ore carrier A. M.

Byers lies on with cement carrier E. M. Ford collision in narrow waterway River connects Lakes St. Clair His subcommittee is working on corrective legislation, Moss said, but he indicated it will be some time before it is ready for congressional consideration. Meanwhile, Moss said, his group could report this much progress: 1.

The General Services Admin istration, has lifted its restrictions on news photography in public buildings 2. The Agriculture Department has partially removed the secrecy surrounding meetings of its ad visory committees. 3. The Post Office Department again publishes the names the top three candidates for appoint ments as postmasters. 4.

The Housing and Home Finance Agency has abandoned plans to exclude the press from some sessions of a women's con ference on home planning. ACTrE COOPERATION The congressman said these and other improvements in the situa tion have been made with the active cooperation of editors and reporters. In another address to the ed itors. Dr. Grayson Kirk, president of Columbia University, said today's newspaper reader is ready "to respond to a better level of newspaper fare than he can get in all but the superior papers of a relatively small number of our large cities and a few of the smaller papers of old and proud traditions." This new class of reader, Kirk said, deserves good writing, more background news and better interpretation, especially on foreign stories.

most state capitals, would cost 527.5 billion. The federal govern ment would pay 90 per cent and the states 10 per cent. The committee voted 18 to 2 to send the measure to the House floor where it may come up for action next week providing the House Rules Committee approves. Besides the interstate highway system, the bill calls for a federal outlay of 511.3 billion over the 13-year period to help the states built primary, secondary and urban roads on a 50-50 matching ba sis. The committee accepted without objection a financing system drafted by the tax-writing House Ways and Means Committe.

TAX INCREASES Federal taxes on gasoline and diesel fuel would be raised from 2 to 3 cents a gallon. Taxes on tires would be raised 3 cents a pound and taxes on trucks, buses and trailers would be increased by 2 per cent. The increased taxes would bring in an additional 514.8 billion over the next 16 years. Total federal taxes on fuel, tires and vehicles would net the government an estimated 538 billion in the same peri od, roughly the federal cost of the program. President Eisenhower last year asked Congress to authorize a 10- year 525 billion highway construction program financed by a special bond issue.

Congress rejected the bond plan and the administration agreed this year to pay for the roads through higher taxes. AN ELL WIND DENNISON, Mich. (IB George Morren and Ruth Scholten were forced to postpone their wedding plans when high winds destroyed the groom's 54,500 house trailer in which they planned to live. The winds also ruined the bride's trousseau plus other personal belongings and wedding gifts. 551.5 Billion Highway Bill Is Approved by House Committee LOF Glas Libhy Mr! Lockhd Air Loew Inc Lone Star Macy Co Martin Co cKes Mont Ward Mat! Biscuit Natl Cash Natl Dairy Natl Pistil Natl Gyps Natl Lead Natl Linen Natl Supply Natomas Co NY Central No Am Av Nor Pacific Ohio Oil Co Olin Math Pac A El Pacific Ltg Pan Amer Paramount Parke Dav Penney Co Penna RR Pepsi Cola Phel Dxise Philip Mor Phillips Plymth Oil Proc A Pullman Co Pure Oil Co Radio Corp Raynr Inc Repub Stl Rexall Dru Rey Tob L.A.

Stocks Shares April 20 65.541 Previous day 77.559 Year to date 8.743.90 1955 to date 7. 361. 146 Value 1.383.056 1.326.059 122.326.375 115.974,766 Friday's transactions on the Los Angeles Stock Exchange: High Low Close AecoCrp 1 15 1 10 1 15 AroTohac 4a 81 81 81 Am Viscose He 38i 3s Anaconda le 77 77 AndPrch wi 34S 34 ArmourCo 20- 20 38 77 34 204 41 74 8 10 2 17 17 86 3 -hi 18 37 71 20 7 6 AtlRefin 3 41 41 BandiniPt 7 7 Banklin .40 8 8 BasinO 10 10 BengnetMn 10g 2 2- BisbopOil 17 17 BlkMam 23 23 BlueDiam 60a 17'i 17 BoeinirAir 2a 86 85 BolsaChie 3- 3K Bdwy-H 1 I 18 BurieetFin 10 10 Burrough 1 37 37 Chrysleg 3a 71 71 ColFS-Ir 2 33 33 ColBrd A' 25 25 ComlSolv 1 2(i CrestmontOil 7 7 CmZeller 68 68 CuhAmOil 4 4 4 DeccaRec 1 14 14H 14 DoueOil 4 4 4 EastKodak 1.45e 87 87 87 ElPasNG 3 45 45 45 ElectData 17 171, 177; ExetrOil 2 05 2 no 2 00 FanfrMerBk .90 32 32 32 FitzStrs 1.20 24 24 24 Ford 56 55 56 FruehTrail 140 37 36 37 GenElec 1 61 60 61 GenExplor 8 8 8 GenMotors 44N, 44 44 GenTel rts 17-64 16-64 16-64 GoodHum 29 26 29 GtNRy 2'i 43 43 43 HancockOil 'A' 39 38 39 HofmnEl 1 22 22 22 ImperalDe 19 19 19 InUPa 3b 135 135 135V IntexOil 9 9 9 Ji-LSU INe 51 51 51 KennecottCp le 132 132 132 LincPete 1 60 1 60 1 60 48 48 48 LockheedAir 2 40a Lorillard.P 1.2Ua Macy 160 MerchPet MorsnC lb NatlDist 1 NatlTh NiaMhwkPwr 1.80 OccidPet 19S 28 5 44 25 8 S3 2 00 19S 19s 2S 284 5 44 25 8 S3 1 85 2 26 27 59 26 17 7 49 21 33 95 21 18 32 36 32 5 44 25 8 S3 2 00 2 26 27 59 26 17 7i 49 2 33 95 OceanicOtl 2 PacC'ayPd 120 26 5pf 1 xd 27 Paclndemn 2.60 59 PennRR la 26 PacifPete 17 RepubPict 7' RepuS 2 ResrvOG Rhem 2 40 SDGAE SeabKin SearsR la SigOfeG A SCGAp 1 SWPubSvc 1.32 SperryR .80 SunrayMCOil 1.20 Transamerica 1.40a TreeSw TwenCent-F 160 I'nionOilCo 3.40b USSU 49 29 33 95 21 18 32 36 32 26 264 26 40 8 28 61 60 21 18- 32 36 32 26 26 26H XK Hi 2S 2S 61H B1H 60-'- 60 Cotton Market EW YORK fAP Cotton future closed 11.10 a bale higher to 20 cents 1'iwer. I Wltyh l.nw CVi iMar 32.2 3212 3229 May S2.2S 32.11 32 OS Uty SI 58 3146 3159B Oct 30.93 30.90 30.9GB Middling spot 36 S6N up 5 Nominal; Bid l.A. Grain LOS ANGELES Quotations nominal, subject to market fluctuations Cash prices per cut.

bulk carlois. wholesale only. No. 3 10-day shipment Spot West, barley. 48 lbs.

2.4R 52H 50 torn. TC 3 62 68 J.63 65 -Milo 2.91i 95 Oats. No. 2 white, 3S lbs. wheat, barley.

13; com. 10: miio. flour. 15; cereal. 15; kaffir.

hay. 97. LA. Hay Prices LOS ANGELES Alfalfa: l.S. No.

1. 33 00 35.00; U.S. No. 2 leaiy. 31.00 33.00; U.S.

No. 2 green. 3100 a 32 00; U.S. No. 2, 28 00 8 29.50.

Grain hay: No. 1 barley, nominal; No. 1 OS IS. 39.00 4X00. hi QUALITY at a av' 1 'f 1 $25 MILLION SLASHED FROM OVERSEAS INFORMATION FUND tt-n 3 Bedroom Garage 'J '5495 I ON YOUR LEVEL LOT jSX I i 2" 7h homes you'v bssn har ing so much about rock jfcdF roofs ganuina lath and Afi 'yrjj J' 4K 4 I pUar larga rooms fy VWJL p-y" less WASHINGTON (UP) The House Public Works Committee Friday formally approved a $51.5 billion highway bill calling for increased taxes on gasoline, tires and trucks to pay for the biggest road build ing program in history.

The bill would provide for construction of 40,000 miles of interstate highways over the next 13 years, ine huge project, unking State and Justice departments, the judiciary and the USIA. The committee's recommendations are subject to action by the full House and Senate. House consideration is scheduled for next week. The Justice Department was allotted 5215,965,000, a cut of 519,915,000 from Eisenhower's requests. The FBI was granted the entire 595,510,000 it requested.

BORDER FEVER REJECTED Rejected were requests of the immigration service for funds to build 34.3 miles of fence along the Mexican border and of the federal prison system for 17 million dollars to build a close custody reformatory for youthful offenders and a maximum security prison for more hardened criminals. The committee said it wasn't convinced that the new prisons are necessary, saying that establishment of a new youth camp and the opening of a women's section at the Terminal Island, prison wui increase total inmate capacity. NEW YORK (VP) Custom smelters May 35.78 35 69 35.78 prices Mr delivered metals, cents penjiy 3305 33 05 pound unless otherwise designated: tx-t 32.15 32.M 32.09-10 Copper: Electrolytic, delivered I S2.1S 32.10 32.14 WASHINGTON (31 The House Appropriations Committee Friday cut 25 million dollars from President Eisenhower's request for the government's overseas propaganda program. It also refused to approve money sought by the Justice Department to build two new prisons and criticized a State Department proposal to buy an unspecified number of "executive wastebas-kets" at 527 each. The committee said it "would be a wasteful aberration" to give the U.S.

Information Agency the entire 135 millions requested for the bookkeeping year starting July 1. The 110 millions it recommend ed for USIA which handles the propaganda program is more than the agency received this year. The committee approved the full amount sought for USIA radio broadcasting programs, known as tne Voice ol America, but specific-1 rejected a request for tinations 46.00: la s. IVY equiv. nom.

lake, delivered, U.S. destination nom 4i.0fl. Ijwd: Common New xorK lt iv: si. Louis 15.S0; (oreien. gull porta unavail- "zihc: Prime western New York 14.0 East St.

Louis 13.50. Eank Clearings SAX FRANCISCO AP Bank clearings: San Francisco $130,900,000. Oakland 642.5.-0. Berkeley debits 4. 634.289.

Los Anseles hark debits: Friday last year L.A. Livestock LOS ANGELES fAP FSMX Cattle few pens holdover steers; fresh sup-Illy mostly cows: fair clearance at s'eady prices: few loads mostly choice It A Ml 50 lb fed steers 19 25-50; few good heifers 17 00: uTiuty and low commercial cows 11.25-13.75; canners and cullers 9.00-11.00; aood feeder steers 17.00. Calves none. Hobs none. feneep nonak SK- IUILT IT ARINDA CONSTRUCTION CO.

456 WEST BASE LINE SAN BERNARDINO PHONE 8-6827 OPEN DAILY A.M. TO 8 P.M. "Calf a Building Consultant at No Obligation' 500 to fit out an aircraft carrier For operation of the federal for use as a floating theater courts, the committee approved equipped to show Cinerama, new $35,395,635, a budget cut of technique. 900. Funds rejected ncluded 12 The USIA funds were included! million dollars to air-condition in a 5451,367,372 bill to finance the courtrooms and court offices..

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About The San Bernardino County Sun Archive

Pages Available:
1,350,050
Years Available:
1894-1998