Questioning Economic Indicators and Market Forecasts
The article reviews the accuracy of expert forecasts and White House advisers’ claims, noting indicators like gross national production and housing starts are limited. It argues for investing in well established, dividend yielding blue chips and cautions that stock prices themselves are early indicators, with forecasts often unreliable. The piece cites budget missteps and differing views between editors and government economists.
MENTIONED IN THIS ARTICLE
Exchange
Jong Mun
LAC
Garden Grove Auto Crash Injures Two Near Brookhurst
Two Garden Grove motorists were injured when a car driven by 20 year old Thomas Peterson failed to stop after a jammed accelerator at Brookhurst Way and Garden Grove Boulevard. Peterson, from 10442 Lampson Ave, and 18 year old Gareth T. Meyer of 12231 Maypole Dr were hospitalized with serious injuries including internal damage and a mutilated ear. Peterson’s vehicle wrecked a phone booth and struck a filling station before stopping against a wall. Islander ferry service will pause Saturday and Sunday for pilings work. Ace ferry to operate 24 hours. Regular Islander service ends at 9 pm tonight and resumes 6 am Monday. For Rent ads urged in Classified.
MENTIONED IN THIS ARTICLE
Garden Grove
Brookhurst Way
Garden Grove Boulevard
Gareth T. Meyer
Taf
Maypole’ Dr
Santa Ana College
Thomas
Peterson
Meyerkorth
Pain Harbor Hospital
L.A. Harbor
Los Angeles Harbor
Terminal Island
Ace
Hall Shifts On Bircher Ouster At California GOP Meet
Hall attacks Birch movement as totalitarian and warns both parties to purge communists. Kirchel defends Birchers portraying Hall as confused and hysterical. California Republicans showcase Knowland as banquet speaker and discuss anti-Birch stance amid internecine tempers at Anaheim convention.
MENTIONED IN THIS ARTICLE
America
Guv. Brown
Hall
Kuchel
Knowland
Party of Progress
Bil Knowland
Senate
Bob Taft
Kucitl
California
Disneyland Hotel
California Republican Assembly
City of
Anaheim
Lost-Ship Raid Hunt Probed
A Coast Guard search near Fowey Rocks followed a fight in deep water two miles off the area as a privately owned craft identified as the Marjorie E recovered a lifeboat. The seizure related to the 523-foot tanker carrying 15,000 tons of molten sulphur reported missing after sailing from Beaumont, Texas.
MENTIONED IN THIS ARTICLE
Fowey
Coast Guard
Marjorie E
Miami
Tefr Beaumont
Tex
JFK Receives Skin Blemish Treatment
Washington UPI reports President Kennedy is undergoing treatment for a minor left cheek blemish. White House sources say the condition has persisted for weeks and resembles a raw skin spot. They say it is not expected to cause concerns, though the exact treatment remains unspecified.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
White House
Independent Publishes Court Decree Details
The Independent reports on a decree issued by the Superior Court relating to a Long Beach matter. The notice lists parties and dates, with carrier delivery details and estimated monthly charges.
MENTIONED IN THIS ARTICLE
Independent
Shaw St Pica Arty
Long Netaun
Long Beach 2
Superior Court
Ngeles Cram
Big Board Oasis Blue Blood member exiled by NYSE
The New York Stock Exchange expelled Robert Clermont Livingston Timson, a tall New York social figure and former senior partner of Robert Timpson & Co. He organized the firm in 1954 and faced violations over foreign securities transactions and failure to secure a fidelity bond. The action follows undisclosed early 1961 activities without exchange notification.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Federal Exchange and
Robert Clermont Livingston Timson
Robert Timpson & Co
Timpson
Livingston
New York
Livingston Manor
Rhinebeck
N.Y
U.S
H Marrige
Elizabeth Hutton
Louise Morris Clews
Philadelphia
Exchange
Eira
Estate of Felix Slatkin Leaves Wealth to Widow
The late conductor Felix Slatkin left his entire estate, listed as over 50 000 dollars, to his widow Eleanor according to his will shown Thursday in Los Angeles. Slatkin died February 9 at age 47. A 50th birthday party for Lt. Gov. Glen M. Anderson was held Thursday night at the Beverly Hilton Hotel in Beverly Hills.
MENTIONED IN THIS ARTICLE
Adolf Eichmann
Chile
West Germany
Walter Herman Julius Rauf
Supreme Court
Eddie Cantor
Los Angeles
Ida Cantors
Felix Slatkin
Eleanor
Slatkin
Glen ML Anderson
Beverly Hilton Hotel
Beverly Hills
Advice from Fat Thines on long hikes in San Diego
Long distance hiker Fat Thines marked his 79th birthday in San Diego by warning would be 50 mile hikers to skip the trip unless in good shape. He says he has walked about 269000 miles in his life including 18 coast to coast journeys.
MENTIONED IN THIS ARTICLE
Fat Thines
San Diego
Thines
Sutherland Triumphs in New York Opera Return
Australian soprano Sutherland returned to the Metropolitan Opera in Vincenzo Bellini's La Somnambula. The house was packed and greeted her with a thunderous ovation as she paused the show three times in the first act and bowed amid five minutes of cheers after the final curtain.
MENTIONED IN THIS ARTICLE
Jons Sutherland
Australia
World of Opera
New York
Metropolitan Opera
Vincenzo Pellini
Also Mentioned on This Page
United States
Wall Street Journal
Heller
Lampson Ave
Reni
Kirchel
Bircher
Joan Rousselot
John Birch Society
CRA
William Neiligan
San Francisco
Charles J. Conrad
Sherman Oaks
William F. Knowland
The
Oakland Tribune
JFK
Dupont Ul
Pricea Tert Iy
Erin
Alamitos Ave
Wier
Free Howe
Ieee — Feare
Rubeer
Newsong
Oasis Blue Blood
Danny Kaye
Lucie Ball
Hollywood Palladium
San Antonio
H. Merbett Hahn
Harlingen
Eva Riha
Hahn
Southeast Asia
Lawrence Beakley
Cambodia
USS
Paom Penh
Jzns
Sophie School
Munich
White Rose
Gestapo
Munich University
Christopa Prost
Scholls
Kurt Huber
Alexander Schnorei
Will Graf
Hitler
Claxton G. Stancil
Greenville
N.C
Stancil
Bitl
Lucille Ball
Eddie
Cantor
Ste
Packard Bell
Ren
Long Beach
Adair's
Bargain Island
7Th Street
Allen’s TV & Hi-Fi
Weedruff Bergman
Viking Way Burks
Long Beach Blvd
BAKER
Pacific Ave
Dixie Stores
Fed-Mart
South St. Garner
W. Willow Los Alios
Stearns
W. S. Taylor
E. Market St
Ree
Lomita
Parker
Pioreer
Lee
Lakewood
Woodruff Ave
Butler Bros
Lakewood Bled
Bostom
Poeso
Moe
SAN Pedro Bens TV
Ninth Streen's
South Galfay Rumley
North Gaffay Pauls Television
S. Pacific Ave
San Pedes
Calif
Wilmington
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