Curb on Credit Prompts Warned View by L A C
The column notes the 90 percent stock margin rule by the Federal Reserve as a curb on credit to fight inflation. It compares past stock market swings, cites 1920s and 1929 events, and warns inflation could trigger government controls over wages, rents, and profits, risking freedom and prosperity.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Inie
L.A.C
Weather forecast for Long Beach and Vicinity today and Tuesday
Long Beach and vicinity expect morning low clouds then mostly sunny skies today and Tuesday with local winds. Highs around 78 today, warmer Tuesday. Coastal seas alert for small craft with strong pressure field over California. Tides high 4.3 and 4.5 feet, low 0.5 feet, water 65. Temperatures ranged to 98 in Blythe and Yuma the prior day.
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Long Beach
Southland
California
Long
Prop 18 Debate Rages As Long Beach Backers Rally
Albert heads Prop 18 fees claim unions grew 44 percent more in 18 voluntary states. Harry Albert chairs Long Beach committee urging a no vote, arguing right to work hurts California’s economy. Assemblyman Klocksiem rails against socialized medicine. Kennick endorsed by unions. furniture dealers push for strong representation. Invest in safety buy a dependable car now.
MENTIONED IN THIS ARTICLE
California
Harry Albert
Long Beach
United States
Citizens’ Committee
Zee
Jordan Names 1st Envoy to Taipei
Jordan announces Azmi Nashachibi as its first ambassador to Nationalist China Taipei. The foreign office said Jordan and Nationalist China established diplomatic relations in August of last year, with Nashachibi named envoy to Taipei.
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Fine Ave
Long Beach
Taipei
Jordan
Azmi Nashachibi
Los Angeles County
China
Foreign Office
Kingdom of Jordan
Long Beach Huntington Hotel Offers Oceanfront Stay
An old advertises the Huntington Hotel on Dream Blvd Long Beach promising rooms with private baths and wall to wall carpeting. Ocean view dining room serves steaks and turkey with prices around 26.90 for weekly periods and breakfast options listed with contact number phant HE 6-6203.
MENTIONED IN THIS ARTICLE
Huntington Hotel
Dream Blvd
Long Beach
Virginia
Candidates to Meet at Wilson High in Long Beach
The final pre election face-to-face showing for Long Beach’s congressional nominees is at 5 p.m. today in Wilson High School Auditorium at 10th Street and Ximena Avenue. Incumbent Republican Craig Hosmer and Democratic challenger Harry S. May will present prepared statements and take audience questions. Public invited. Sponsors include the League of Women Voters, Business and Professional Women's Club, Junior Chamber of Commerce, and the Civic League.
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Congress
Wilson i High School
10Th! St
Ximena Ave
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Harry S. May
League of Women Voters
Business and Professional Women’s Club
Junior Chamber of Commerce
The
Civic League
Pain Stops in a Jiffy with Zino-pads and Meditations
An ad style notice touts Zino-pads as a fast pain relief product. It claims immediate action with no waiting and includes separate Meditations for enhanced effect, asserting these pads remove pain quickly as a known medical aid.
MENTIONED IN THIS ARTICLE
Ian Schall
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