08 Jun 1962
Page 1
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jun 08, 1962
Page
1
The piece argues there is no imminent depression like 1929, noting safeguards such as bank deposit insurance and Social Security. It cites the 1929–1933 period, compares stock valuations, and urges investors to avoid panic selling while acknowledging potential volatility before a stable recovery.
A Washington subcommittee investigating Billie Sol Estes fired its Republican counsel for giving a reporter a confidential Agriculture Department report before committee review. The day-long dispute delayed witnesses, while Estes remains under federal fraud indictment tied to cotton allotments and the Henry Marshall case.
A public notice from Long Beach California dated March 27 1951 announces adjudication by San Pedro Court Line Angeten County Ost regarding a decree related to an estate. The document references delivery numbers and a monetary value of 27 dollars.
Los Angeles County supervisors begin public hearings on a 624,221,008 preliminary budget for 1962-63 seeking cuts while public input pushes for added items. Fifteen speakers start the hearings, including four Long Beach figures urging a mental health program and Vincent Norris backing a Willowbrook park. Final budget hearings run through the week with daily sessions and a goal to adopt the budget before July 1.
Studio haggles with Monroe over absence caused delays on the film Some Things Got to Give. Kim Novak floated as substitute while Kennedy party trip and a hospital infection linked to nude bathing scene fuel studio concerns. Monroe insists she wants the project, despite cold war with studio.
In SIGOURNEY IOWA police hunted the mysteriously missing step mother of Gayne Gilbert Smith the 24 year old accused of killing a family of five. Deputy director Robert Blair and Sheriff John Wallerich led detectives in a search to locate Airs Juanita Marcella Smith Jr 35 and confirm her safety amid the investigation.
A New State Law to provide cordless hearing aids at no cost to pensioners is publicized by Associated Hearing Center. Contact HE 20459 at 622 Pine Ave, Long Beach for details or to apply by mail or phone.
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