Foreign oil profits risk as Venezuela shifts split to government
LAC column argues foreign investments by American oil firms face rising risks from government seizures. Venezuela reportedly altered profit splits from 50 50 to 60 40 and possibly 70 30, threatening returns and undermining confidence in oil ventures abroad. The piece criticizes retroactive tax shifts and Cuba nationalization rumors, urging restraint and UN recognition of contract defaults.
MENTIONED IN THIS ARTICLE
Venezuela
Saudi Arabia
Meilers
Cuba
United States
Iran
United Nations
LAC
L.A. Collins
Auto Gasoline Improves. U S Reports Higher Octane
The Bureau of Mines reported steady gains in octane ratings for regular, premium, and super grade gasoline. Average regular octane rose to 90.2, up four tenths from last summer, while premium and super grades reached 98.4 and 1014 respectively, with national averages climbing over 11 years. The surveys, begun in 1947, track gasoline performance across the United States.
MENTIONED IN THIS ARTICLE
Washington
Thej
Terior Department
Bureau of Mines
Francis Ree
Vebsien
Ars
Modern Pool Co
Can
Rarner
Long Beach
Calif
Court
Los Angeles County
California
Anthony Bros
Decresa Mo
Nackinvosh
Fey C. Dawson
Beatytigh
Wilkwann
West Coast Xeon
Urrutia Drops Congress and Courts in Cuba Gambled Ban
Provisional President Manuel Urrutia dissolves the pro Batista Congress and abolishes urgency courts as he begins ruling by decree ahead of elections about 18 months off. He signals a crackdown on legalized gambling, amid reports of an attempted Castro assassination in Santa Clara. Observers note labor influence may resist abrupt casino closures. American gambling interests in Cuba, including the Capri and Havana Riviera casinos, loom large in the economy.
MENTIONED IN THIS ARTICLE
Havana
UPI
Manuel Urrutia
pro-Batista Congress
Urrutia
Batis
Batista
Oight
Fidel Castro
Santa Clara
Las Villas
Iia
Castro
Cuba
Urrulia
Presidential Palace
George Raft
United Press International
The
Swank
Arcutia
Nevada
Riviera
Capri
Four VPs Named for Convair Div
NEW YORK General Dynamics Corp named a new executive vice president and three vice presidents for the Convair Division. August C. Esenwein, Fort Worth plant head, becomes executive vice president with headquarters in San Diego. Sam Zevely becomes vice president of contracts and commercial sales. Elder P. Wabi becomes vice president of planning. Frank W. Davis, Fort Worth chief engineer, becomes vice president and general manager there. Appointments effective January 15.
MENTIONED IN THIS ARTICLE
New York
General Dynamics Corp
Convair
C. Esenwein
Conwai
Fort Worth
Tex
San Diego
Calif
Sam Zevely
Elder P. Wabi
Frank W. Davis
Long Beach Area Weather Forecast and Conditions
Partly cloudy and warmer today with a high near 65. Increasing cloudiness tonight with probable rain and showers. Thursday for Along Southern Beaches partly cloudy with a high near 60. Water temperature around 60. Mountain areas partly cloudy today with few showers and snow levels around 6 000 feet lowering to about 5 000 feet tonight. Interior and desert regions partly cloudy with a chance of showers Thursday and highs 45 to 60 in the lower valleys 58 to 68 in upper valleys. Coastal outlook notes a trough from the Gulf of Alaska bringing cloudiness and scattered showers as weak high pressure builds over California. Tides show highs of 6.7 and 4.2 feet, lows of -16 and -1.4 feet. moonrise 5 17 a.m. and moonset 3 55 p.m.
MENTIONED IN THIS ARTICLE
Long Beach
Vieinity
Sountain
Gulf of Alaska
California
Sur
Group Proposes 26 Year Study of Radioactive Health Effects
Washington scientists propose a four multimillion dollar twenty year study to assess how natural and artificial radiation affects human health in the United States. The plan, led by Dr Shields Warren, would compare high and low background radiation regions, aiming to include about two million people.
MENTIONED IN THIS ARTICLE
Washington
OPI
India
U. S
National Academy of
San Francisco
Halir Tor
Yeahn Warren
Fed- Tt
Denver
Salt Lake City
Finland calls parliament back for early session
HELSINKI Finland UPI Finland's parliament was recalled to meet Thursday a week earlier than planned Speaker V J Sukselainen said leaders failed to seize a chance to discuss forming a new government.
MENTIONED IN THIS ARTICLE
Helsinki
Finland
UPI
V. J. Sukselainen
Live the Lite of Riley at the Huntington Hotel
An OCR read of a coastal Long Beach hotel listing describes the Huntington Hotel on Ocean Boulevard with ocean facing dining room and priced meals. It mentions weekly dining options including steak ribs beef and turkey and notes club breakfast and daily meals.
MENTIONED IN THIS ARTICLE
Riley
Huntington Hotel
Ocear
Long Beach
Watge
Chloe
Crisp dressing idea spices up salads with Girard’s
A grocery tip suggests adding crushed potato chips to salad greens just before serving and tossing with Girard French Dressing made with wine vinegar for a light tang. It claims Girard’s is distinct from rivals, not sweet, thick, or oily, and promotes Girard’s Winell Vinegar French Dressing today.
Also Mentioned on This Page
La.c
U.S
Mallnica Bingle
J. M. Soss
Pine Ave
Avalon
Wilmington
Santor
Torrance
Congress
Capri Hotel
Convair Div
Continental
America
Axel Univnly
Continental Airliner
Los Angeles
Kansas City
Chicago Tv
Eves
International Fails
Minn
Key West
Fla
Public Health Service
Atomic End
Inergy Commission
Uesday Weather Reports
Palmdale
Ney GA
Palm Springs
SS L.B
Pasadena
Bakersfield
Riverside
Beaumont
aMiento
Bishop
Boston
Buffalo
Omaha
Chicago
Oklahoma City
Cincinnati
Philadelphia
Columbus
Portland
Fort, Worth
Salt Lake Citys
Helena
Cha
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