Oil Tycoon Robbed of 2.5 Million in Reno Heist
In Reno on February 23 burglars clean out a 490 pound safe from LaVerne V. Redfield’s brick mansion, taking up to 2.5 million in cash and 1 million in negotiable bonds. The loot includes jewelry and securities. bonds bear Redfield endorsement. Police warn banks and buyers to watch for cashing negotiable bonds with his signature.
MENTIONED IN THIS ARTICLE
Reno
Nev
LaVerne V. Redfield
Redfield
Bold Bandits
Edaho
Los Angeles
L. R. Greesen
Driver Held for Death of Woman
Police held Mrs. Ruby Reed, 39, of 951 Upland Ave San Pedro for felonious drunk driving after her car struck and killed a woman on Ocean Blvd at Junipera Ave while another woman, Carmen Diaz 60 of 1950 BE Market St, died after being struck on Cherry Ave north of 33rd St. The second victim died in hospital and Diaz died on arrival.
MENTIONED IN THIS ARTICLE
Carmen M. Diaz
Market St
Cherry Ave
33Rd St
Ocean Blvd
Junipera Ave
Ruby Reed
Upland Ave
San Pedro
Reer
Junipero Ava
Ruby Reeds
Robert Shaw
Douglas Workers hail WSB ruling for 10 percent back pay
Douglas Aircraft workers welcomed a Wage Stabilization Board ruling granting 10 percent retroactive pay to April 6, 1951, ending strike threats. CAW CIO Local 148 pressed for retroactivity to October 1950. company had offered to June 1981. Verdict leaves one key decision pending.
MENTIONED IN THIS ARTICLE
Douglas
WSB
Ial
Caw-Cio Local 148
Dune
Taxes Prices Jobs and the Price Effect
A sales and production manager argued taxes, not wages, drive prices. He claimed high taxes are the largest single factor in what consumers pay, and that tax burden cuts into sale prices more than wages. Continued on page 16.
Also Mentioned on This Page
Brinks
Boston
L. B
Albania Gallegos
Pasadena
Long Beach
Sherman Prosser
Bellflower
Marine Corps
Prosser
Drew Pearson
John Fister