Trust fund grows $50 start into $2.6 million fortune
A Santa Ana court filing reveals how Norton Simon started a trust with $50 in 1936 for his son Bilis Simon. Arlington Canning Co. stock later merged into Hunt Foods, boosting the fund to 166,551 Hunt shares with a book value of $990,000 and market value of $2,643,997 by the time the accounting was finalized.
MENTIONED IN THIS ARTICLE
Santa Ana
Donald
Bilis Simon
Young Simon
Simon
Norton Simon
Hunt Foods Co
Fullerton
Calif
Arlington Canning Co
Arlington Co
Harold Brooks
Los Angeles
Arlington
Hunt Foods, Inc
Head On Crash Kills Four Near Merced
A two lane U.S. 99 collision about five miles north of Merced killed three women and a girl and injured two others. Daisie Iane Kelly 50 Garden Grove drove the German made car. passengers Florence White Sell Parks 71 Garden Grove Thelma Lorraine Field 42 Oxnard and her daughter Diane Field 3 died. Cecelia Field 13 suffered serious injuries. Robert Burdett 24 Merced had minor injuries. Felony manslaughter charges planned against Burdett who was driving on the wrong side at 12 35 am 200 feet north of Buhach turnoff.
MENTIONED IN THIS ARTICLE
Merced
U.S. 99
Here
Volkswagen
Daisie Iane Kelly
Garden Grove
Florence Whitesell Parks
Thelma Lorraine Field
Oxnard
Diane Field
Buhach
U S Officials Fault Washington Over Asia Policy
A five state advisory group concludes America has failed to sell its ideas to Asia. The verdict emerged from three round table discussions at the Western Regional Conference on the United States and the Far East held at the University of California Conference Center.
MENTIONED IN THIS ARTICLE
Lake Arrowhead
America
Asia
United States
Far East
UCLA
American Assembly of Columbia University
University of California
Fallout map shows wide California fallout risk from nuclear hit
Sacramento experts warned a five year Weather Bureau wind study indicates Northern California faces at least a 30 percent chance of radioactive fallout from 100 potential targets. Oakland could see 100 percent fallout within 12 hours, with broader zones at 50 and 30 percent around the East Bay, Napa to Salinas, and across a coastal strip from Santa Rosa to beyond Eureka.
MENTIONED IN THIS ARTICLE
Sacramento
California
Charles T. Rainey
State Disaster Office
Rainey
U. S. Weather Bureau
United States
Santa Rosa
Eureka
Rocky Mountains
Oakland
East Bay Area
Fairfield
Bay Area
Stockton
San Jose
Napa
Woodland
Lake Tatoe
Madera
Salinas
Mrs Michael Wins Interlocutory Divorce in San Francisco
Mrs La fovecia Houghtering Michael, a member of a prominent San Francisco Bay Area family, won an interlocutory divorce from Fremont City Councilman Bruce E Michael. The suit was uncontested on cruelty grounds. Judge Gerald S Levin granted the decree pro tem. Custody of four children awarded to Mrs Michael with no alimony claimed.
MENTIONED IN THIS ARTICLE
San Francisco
Lafovecia Houghtering
Michael
Bay Area
Fremont City
Bruce E. Michael
Pan American Airways
Gerald S. Levin
Hudge
Longshoremen Win Pay Boost in San Francisco
Longshoremen in San Francisco will gain pay increases starting Monday. Arbitrator Sam Kagel granted the International Longshoremen and Warehousemen Union an 8 cent per hour raise, boosting straight time to $2.53 and overtime to $3.79. Ship clerks get 13 cents more to $2.68 straight time and $4.02 overtime. Stevedores currently work six hours straight and three hours overtime.
MENTIONED IN THIS ARTICLE
San Francisco
Sam Kagel
International Longshoremen's and
Ware‘housemen’s Union
Sharp Cuts Expected in Draft Calls
At Quantico Lt. Gen. Lewis Hershey said monthly draft inductions could fall from about 13,000 to 6,000 or 7,000 if a 200,000-man force reduction is approved. He stressed the draft cannot be eliminated and that maintaining forces above 1,000,000 requires compulsion, as Wilson presses budget cuts at a secretaries conference.
MENTIONED IN THIS ARTICLE
Quantico
INS
Lewis Hershey
Selective Service System
Lower Evel
Nile
Hershey
U.S
Defense
Charles E. Wilson
Secretaries
Quantico Marine Hall
Wilson
US Leads World Shipping in 1958 Tonnage Share
Lloyds Register reports the United States held 22.47 percent of world flag shipping for 1958, excluding Great Lakes. Britain followed with 18.58 percent, Norway 7.64, Liberia 6.31, Italy 2.99, Japan 3.87, the Netherlands 3.81, France 3.75, Panama 3.73, and West Germany 3.05 percent. World gross tonnage totaled 105,200,361. U S tonnage reached 26,145,642. Russia’s share rose gradually to 2.51 percent in 1956 from 2.49 in 1955 and 1.01 in 1933.
MENTIONED IN THIS ARTICLE
London
United States
Lloyd's Register of Shipping
Lloyd’s
Great Lakes
Britain
Norway
Lyberia
Italy
Japan
Netherlands
France
Panama
West Germany i
U.S
Russia
Ship report snippets and mixed port names
A fragmented ship report lists numerous vessels and origins such as Calcutta Yokohama Yokohai Hamburg and Boston. Entries include dates around June with reference to ports like Yokohama Sydney Har- and Pago Pago and ships named Golden Bear Tancred and Hawaiian Craftsman.
MENTIONED IN THIS ARTICLE
Bilversmrays
Calcutta
Aultman
Mari Maren
Yokohama
Vaita
Ory ‘& Har- How
Thorsish
M. Dant
Los Dakeics
Eniwetok
Sydney
Japan
Yokohai
Stocks Soar on Good News of Ike Health
The Dow Jones industrials surged as President Eisenhower's health improved, with broad gains across rails and industrials. Trading peaked Monday with over 3 million shares, the week closed near record levels, and the Standard and Poor's index rose to its best since August 1956.
MENTIONED IN THIS ARTICLE
Ike
New, York
Ila
Exchange
White House
Standard and Poor's
Ptet
Justice Dept
Bethlehem’ Steel
Youngstown Sheet and Tube
William Martin
Federal Reserve
Getty Oil
Olin Mathieson
Revson
Dobeckman
Dow Chemical
Chrysler
A. M. Byers
Lukens Steel
Dow Jones Stock Averages and Daily Totals
The report shows yesterday's totals for major exchanges with Dow Jones values across stock and bond activity. It lists New York and American Exchange figures including 2,908,000 shares traded on the stock market and bond totals of 3250 dollars, with additional figures for American Exchange stock volume of 60,000.
MENTIONED IN THIS ARTICLE
WEW
York
Stock Exchange
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New York: Stock Exchange
Alameda
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Park
Ivestment Co
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Heyward
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Hayward, Calif
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