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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jan 11, 1969
Page
3
Mortgage costs rise as banks push prime rate to 7 percent and Home Loan Bank borrows at 6 percent. Southern California savings and loan associations report minimum home loan rates at 7.5 percent, with most loans 7.75 to 8.25 percent. Lenders become selective, offering 70 to 75 percent loan-to-value instead of 80 percent.
Six persons including two women will be arraigned Monday on prostitution and gambling charges after a Friday raid in Anaheim. Police said the suspects operated under a group called Entertainment Unlimited at 2182 Catalpa Street, described as a membership type club. Those booked include Renee Yvonne Kelly 44 Fullerton and Marlene Sue Goodin 21 Los Angeles, plus Jesse DeAlba Placencia 32 Catalpa Street, Douglas Conrad Kornwolf 28 and Donel Francis Gorman 21 of 12292 Lorna Street Garden Grove, and Bernardo Digman 37 of 2295 Tustin Avenue Apt 25 Orange.
Health department inspectors found Avalon and Lakewood jails satisfactory overall but the Hall of Justice in Los Angeles received failing grades for housekeeping maintenance bug infestation and ventilation. The report goes to the Board of Supervisors Tuesday with corrective steps in progress where needed.
Police displayed Friday scale mock-ups of the Ambassador Hotel area where Robert F. Kennedy was shot. Sirhan Bishara Sirhan, 24, faces murder charges for Kennedy’s June 6 shooting. Trial recess extends until Monday with jury selection delayed amid defense maneuvers.
Five men robbed a Bank of America in Los Angeles, beating a guard and firing a warning shot. They took 17600 from three teller cages at 3320 S Hill Ave and fled. A separate robbery at Security Pacific Bank yielded 1305 from a teller who was shown a note.
Two developers testified they loaned City Councilman Thomas D. Shepard money in 1965 for home and property ventures. Edward Lustgarten said he loaned $10,000 and repaid about $8,000 while Harlan Lee testified Royal Homes loaned $5,000 with no repayment to date. Shepard faces three counts of accepting bribes tied to San Fernando Valley zoning cases.
A blond man about 25 years old robbed Bank of America at 301 Long Beach Blvd on Friday around 5 25 p.m. with a note demanding all the 10s and 20s. He did not show a weapon and fled on foot through a side door facing Third Street, with 50 customers inside. Officers Carroll Shelly and Jim Johnson described the event.
Variable clouds and cool temperatures dominate the Southland weekend. Long Beach highs reach 67 today and Sunday, with mountain areas in the 50s, deserts around 70, and other Southland regions in the 50s to 60s.
Bakersfield firm Bowline Drilling Co. awarded the sea barrier project to prevent saltwater intrusion in southwest Los Angeles area. The $59,207 bid was the lowest from four proposals. Plan to drill six observation wells with three on Torrance streets Inglewood Avenue Earl Street and Ocean Avenue.
James A. Fratianno owner of Fratianno Trucking Service Inc was sentenced in Los Angeles Superior Court to one to three years in prison after pleading guilty to conspiracy. The court also fined the firm $5000 for conspiring to pay drivers less than the legal minimum wage on Interstate 8 south of El Centro.
County Health Department reports forty deaths from Hong Kong flu and related illnesses since early November. Health Officer Dr. Gerald A. Heidbreder credits media guidance and public advisories for lowering the county’s death rate and urges the elderly and at risk to seek medical care at first signs of infection.
A record number of people were employed in Los Angeles County in December as Christmas season activity boosted totals to 3,184,900, up 31,000 from November. Unemployment fell to 3.9 percent, the lowest in 11 years, with Long Beach noting the improvement. November unemployment stood at 4.1 percent.
Dr Timothy Leary his wife Rosemary and son John aged 19 face narcotics possession charges in Laguna Beach. They were arrested by Officer Neal Purcell after a vehicle on Woodland Drive was stopped and marijuana odor detected. Leary seeks transfer of the hearing to the San Clemente branch claiming potential bias in Laguna Beach.
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