Savings rise in first 1958 quarter prompts housing boost
The Quarterly Letter of the U S Saving and Loan League reports a 44 percent rise in total savings from 1957 to early 1958, with funds flowing into banks, building and loan associations, and insurance firms. Higher loan activity, notably for multifamily housing, accompanies cheaper money for loans while deposits earn less interest. The piece notes shifting housing trends postwar, with more rentals and owned units, and expects continued saving as a bulwark for future family growth.
MENTIONED IN THIS ARTICLE
Acme
U. S
Liberty Bell in L A Appeals for Hawaii Statehood
A bronze Liberty Bell replica toured downtown Los Angeles to rally support for Hawaiian statehood. Ray McBride led a cross country campaign from Honolulu to Washington with a 50 star flag on the truck while Jack Kruck drove the bell carrier. The drive included posters and media appearances across newspapers, radio and television to press for Hawaii’s admission to the Union.
MENTIONED IN THIS ARTICLE
Los Angeles
Upi
Washington
Congress
Honolulu
Heno
Dening Man
Chicago
The
Liberty
Labor Reform Bill Demanded by Morse
Senator Wayne Morse urged House Democratic leaders to pass a strong labor reform bill this year. The Senate bill, already approved, would curb abuses found by rackets investigators and ensure democratic procedures in unions. Morse warned it would be unfortunate if the House did not act and discussed bypassing the labor committee for direct consideration.
MENTIONED IN THIS ARTICLE
Washington
UPI
Wayne Morse
Dore
House
Senate
Maneseaia
Tnnea
Annnaval
Afl
Pro- Spic & Span Ple
Congress
Junion
Sam Yrarsonville
Maten Rayburn
P.rubalcaba
Watsonville
Hecker
jHouse
Rayburn
Superior Court
Los Angeles County
Morse
Mutual Broadcasting System
Long Beach Area Forecast Silently Warm with Mornings Clear
Forecast covers Long Beach and nearby areas. Mostly clear tonight and Tuesday with minor cloudiness. Highs near 82 today, interior highs 92 to 102 in upper valleys and 102 to 110 in lower valleys. Southland beaches expect clouds today and Tuesday but warm and windy afternoons. Mountain areas mostly sunny Tuesday with highs 75 to 80.
MENTIONED IN THIS ARTICLE
Long Beach
Southland
Santa Monica
Newport Beach
$1.4 Million Grants to Fight Juvenile Delinquency
New York United Press International reports Ford Foundation approved two grants totaling 1.44 million dollars to back youth programs. One 700 thousand dollar grant funds a youth studies center at the University of Southern California in Los Angeles. A 740 thousand dollar grant supports a similar center at Syracuse University. Centers will partner with schools, judges, law enforcement, probation and social workers to support community efforts. Cornell will get 160 thousand for aging housing research and Stanford 50 thousand for a community center for seniors. In Washington, Benrus Watch Co. says contracts exceed three million dollars for Sidewinder and Sparrow missile launchers and civil aviation electronics.
MENTIONED IN THIS ARTICLE
New York
UPI
Ford Foundation
Duke Brown
University of Southern California
Los Angeles
Syracuse University
Syracuse
N. J
Washington
Benrus Watch :Co. of
Also Mentioned on This Page
La.c
Liberty Bell
L.A
Hawaii
Ose Sabena
Swanson
PEG
Turkey
Cascade
PUREX
Felb
Vets Dog Food
Jim Dandy
Pacifle
Willard
Torrance
Orange
Carson Lomita
Inglewood - Redondo
Atlantic
Hill ‘Bell
Westchester
California
HL L. L
Palmdale L
Palm ‘Springs
Pasilena
Beaumont
Riverside
San Bernardino
Burbank See
San Diego
el Centro
San Francisco
Boston
New York Pr
Buffalo
Omaha
Okla
City
Cincinnati
Philadelphia
Columbus
Phoenix
Denver
Portland
Detroit
St. Louis
Fort Worth
Cornell University
Stanford University
Casingar
Chretdl Af
Lanaie
Joadway & Linden
Florsheim
Kimel
City Club
Huntington Park
Pasifis Bivd
Inglewood 101
Man's Dew
Glendale
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!