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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jul 06, 1959
Page
1
LA SAYS Not All Going Up highlights how the market rose yet many stocks hit new lows for the year. It urges retaining solid stocks, cautious new purchases, and increasing cash reserves amid inflation fears and higher government spending.
The 21st Transpac from San Pedro to Hawaii reports all yachts fairing well with Chubasco Jada and Nam Sang in a tight chase. Wind at 42 knots flattened, radio issues noted on two boats as leaders tally miles and corrected times across classes.
In Oberlin Ohio two Christian families initiated talks to unify their churches forming the General Synod of the United Church of Christ. The opening service featured the Lord's Supper and singing of The Church's one foundation. The Evangelical and Reformed Church and the Congregational Christian Churches began their mutual convention. Haile Selassie arrived Sunday at Sochi on the Black Sea coast.
Nationalist Chinese forces prepared for a potential new crisis in the Formosa Strait after Sabre fighters shot down at least five Communist MIG jets in a Sunday dog fight. The event followed reports of Red Chinese navy and air activity around Quemoy and Fukien Province as tensions rose.
A lodging listing describes a live near the sea experience at the Huntington Hotel located at 290 Ocean Boulevard in Long Beach. The notice highlights oceanfront access and potential rental options or accommodations.
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