Governor's Mansion Under Construction Near Sacramento
Work continues on a 12,000 square foot Governor's Mansion in Carmichael, with a large living room shown as crews push ahead. Governor Edmund G. Brown Jr., a bachelor, says he will not live there.
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
May 10, 1975
Page
15
Work continues on a 12,000 square foot Governor's Mansion in Carmichael, with a large living room shown as crews push ahead. Governor Edmund G. Brown Jr., a bachelor, says he will not live there.
In a 1975 trend, Southern California retreaders report strong growth driven by inflation and energy concerns. Industry leaders note improved tire technology and guarantees up to 20,000 miles, with motorists seeking quality and cost savings amid rising gasoline prices and shorter trips.
A new computerized National Credit Information Service will cover over two million businesses and start in Long Beach next year. Subscribers will get quick credit reports via teleprinter from a central computer. Associations in California named include The Credit Managers Association of Southern California in Los Angeles, the Northern and Central California Association of Credit Management in San Francisco, and the Wholesale Credit Men's Association in San Diego.
The ewhall Land and Farm Co. announced construction will start in May on a new mobile home park in Valencia, following specifications for a Five mobile home park. Amenities include a $250,000 recreation center. Completion is slated for early 1976.
Charls E. Walker, a former deputy secretary of the treasury, signals possible shifts in Fed decision making. The piece flags two extreme scenarios a premature recovery or renewed high inflation that could spur congressional action to modernize the Federal Reserve.
Industry Week reports potential substitutes for petroleum in plastics. Wood oil from low grade timber could replace oil as a raw material, with estimates of seven to fourteen dollars per barrel. Cranube seed oil can produce nylon, while natural rubber can form various plastics and coatings. A pilot plant is under construction in Albany Oregon.
Banks and savings and loan offices shift from drab marble to open spaces and local flavor. Cannell and Chaffin designed branches reflecting each area from Watts to Marina Del Rey, aiming to boost comfort and productivity by matching decor to community identity.
Amos Wheeler served as postmaster when the first Little Rock Arkansas post office was established in March 1820 marking the city's early mail service and civic development.
Stocks across multiple sectors show varied activity at 9 AM NASD quotes. Insurance and financials lead with notable moves in AmGuarFin AmHeritageLf CrumFostr and ChubbCorp while banks and industrials such as Bank Amer Bank Tokyo and CocaCola appear in the session notes.
New York AP reports investors watch investment trusts and mutual funds with figures for Drexet Apollo and Keystone Funds. The list includes numerous funds brokered by dealers Inc and reflects net asset values and prices across a broad set of mutual funds and securities.
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