18 Oct 1960
Page 1
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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Oct 18, 1960
Page
1
L A Co lting argues mergers often fail to boost profits. He notes speculative inflation and cost cutting spur mergers, yet many combine uncomplementary firms and lose individual know how. He cites faded merged drug firms, unmerges, stock promotions, and shifts in management as common outcomes.
GREEN BAY WIS. Andrew B Turnbull 75 editor for Green Bay and municipal publishers died of a heart attack. Monk 25, tied to kidnapping and rape in the 1920s, faced motions including new trial habeas corpus and sentence reduction. Judge Mark Brandler presided as attorney motions moved.
The Independent published daily at Sixth Street and Pine Avenue Long Beach California is an adjudicated matter in Los Angeles County. It notes a 1941 adjudication and a 1943 filing date with official court reference numbers.
AP survey of 17 states with 267 electoral votes uncertain. Kennedy leads or trails by narrow margins as debates and regional shifts shape outlooks ahead of the November vote. Some states swing toward Nixon, others toward Kennedy, with key battlegrounds including New York Pennsylvania California and Michigan.
Miami Beach hosts the 42nd annual American Legion convention with about 20000 veterans parading. FBI Director J Edgar Hoover delivers the keynote ahead of speeches by Sen John F Kennedy and Vice President Richard Nixon. An estimated 75000 people watched the parade along a two mile route. Officials say 60000 Legionnaires and families have gathered for the event. The 40 8 affiliate was absent from the parade this year after being expelled last year.
A historical lodging ad describes the Huntington Hotel on Ocean Boulevard offering a block long property with two lobbies and ocean facing rooms. Each room includes private baths modern amenities daily maid service with a seaside dining option, breakfast outside, and room and meals at 27 dollars per week per person. Holiday breakfast and regular dinners priced, telephone contact provided.
The Texas Railroad Commission said major crude oil purchasers seek a 61344 barrel per day rise for November. Nominations total 2629728 barrels a day versus 2568384 in October. The statewide oil allowable will be set at the commission meeting on Thursday.
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