13 Jun 1962
Page 1
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Jun 13, 1962
Page
1
L.A.C. quotes a White House concern over the stock market drop harming all workers, not just Republicans. He notes pension funds totaling about 110 billion dollars, with half in bonds and stock, risking private and government reserves and potential wage controls if profits and prices are constrained.
The Republican national drive intensified with Wiliam Miller urging criticism of Kennedy administration policy in Berlin Laos Cuba and Red China while Robert A Forsythe Minnesota state chairman assailed domestic policies at a national committee meeting. Senator John G Tower predicted Republicans could gain four to six Senate seats, and Goldwater’s rep said 1964 looks likelier for a Senate majority.
City Manager John Mansell proposed a $30.92 million tax-supported budget for the new fiscal year, with a $734,407 salary boost and a $360,000 expected from a new oil production tax. Additional increases include licenses, apartment taxes, and a 3-cent per barrel oil tax. assessed value slated to rise about $15 million to $690.6 million, while payroll adds 145 raises and 26 new hires amid higher retirement costs and elections funding. Police staffing grows to 646 with expanded district patrols.
The Miami area touted Minas Edward Nicolaides as the one millionth resident after a Chamber of Commerce contest. He moved from La Mirada, California, and was celebrated, but officials later learned he had left for California. The chamber vowed more Nicolaides will fill the placeholder role, keeping the city’s million-strong image intact.
Samuel Bronston Productions announced on Tuesday that Ata Gardser will headline the new film 55 Days at Peking to be shot near Madrid this month.
Petition drive to place a November ballot measure seeks to add ten seats to the California Senate, with 563000 signatures collected surpassing the 420462 goal. Supervisor Frank G. Bonelli announced the deadline for turning in signatures as June 28, noting the margin over the required total should cover invalid names. The plan would allocate new seats to urban areas, especially Los Angeles County.
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