State funds move into corporate stocks eyed by governments
Large scale state and local funds increasingly invest in common stocks to hedge against inflation. New Mexico already sets 25 percent of its permanent fund to be invested in corporate securities, with other states like New Jersey Wisconsin and Texas eyeing similar shifts. The trend could reshape corporate ownership and potential political influence over markets.
MENTIONED IN THIS ARTICLE
Wall Street Journal
New Mexico
New Jersey
Wisconsin
Texas
California
Warren
LAC
City halts dust storm after curb cleanup near Marine Stadium
A city initiated corrective action in the Marine Stadium area to stop loose dust. Public Service Assistant City Manager M. R. McHerry told council the Public Service Department ordered workers to stop gouging soil in a low area near Colorado Street and Havana Avenue. Residents including Mary G. Lane report asthma cases linked to the dust, and officials pledge to limit fills to gumbo and topsoil at the stake site.
MENTIONED IN THIS ARTICLE
Marine Stadium
Public Services
Mer
R. McHerry
C4 Today
Pal Service
Colorado
Russian Offensive Disturbs Dutch and German Fears
A long diplomatic brief notes Soviet moves unsettling the Netherlands and West Germany. It argues Khrushchev aims to unite Germany, threaten Europe from a central Soviet position, and cites Nordic neutrality, Sweden, Finland, and Norway as pivotal buffers. It warns of Baltic neutralization, NATO responses, and the Berlin stalemate shaping Western resolve.
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Egypt
Suez Canal
Russia
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Khrushchev
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Mine Surrender Ends Two-Day Convict Rebellion
In Petrol Tennessee UPIs report convicts, numbering 85, surrendered after a two day rebellion in a bushy mountain mine. Acting Corrections Commissioner A W Patterson led troopers to end the siege with 800 rations fed to prisoners and guards at the entrance. Hostages Ben Davis and Earl Hensley, both 36 and 50, were released unharmed as the first batch exited deep mine passages.
MENTIONED IN THIS ARTICLE
UPI
W. Patterson
Patter
Thang
Ben Davis
Earl Hensley
Ps2
Survival Test as Red Threats Cloud Berlin Fate
Fragment discusses cargo shipments via the Suez Canal and warns that Russia and Communist movements will launch speeches and threats to press the United States into action to seize Berlin, framing the conflict as a decisive test of national survival.
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Suez Canal
Russia
Berlin
Mrs. Sturges Dies At 49 In Long Beach Hospital
Mrs Hazel Sturges, 49, of 3902 Elm Ave Long Beach Osteopathic Hospital worker, died Tuesday after thirty years in Long Beach. Born in Connecticut she was a member of the Osteopathic Guild. Survivors include husband Frederick W and sisters Mrs Helen Gillis and Mrs Ann McCandlish. Funeral Thursday at Disday Family Funeral Directors chapel.
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Hazel ¥. Sturges
Long Beach
Frederick W. Ddo
Helen Gillis
Ann McCandlish
Chapel of Disday Family Funeral Directors
Anaheim Youth Killed. Driver Critical After Highway Crash
A Long Beach City College student was killed and his companion critically injured when their small sports car went out of control on Highway 395 near Bishop and plunged down a 150 foot embankment Monday evening. Dead is Joseph McGinnis, 19, of Anaheim. Driver James Leo Merrell, 18, of Long Beach, is in critical condition at Northern Inyo Hospital, California Highway Patrol officers in Bishop reported.
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Long Beach City College
Bishop
Joseph McGinnis
Anaheim
James Leo Merrell
Long Beach
Inyo Hospital
California
Highway Patrol
Girard's Flavor Twins Big Sale At Weekend Event
Promos tout Girard's Famous French dressings with a two for one sale. Consumers urged to try both varieties, featuring zesty blends and a bonus in-pack bottle. Includes mention of fair pricing and a get acquainted offer.
MENTIONED IN THIS ARTICLE
Girard's Flavor Twins
Girard
Ferrer Girard
Wincery Pty
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