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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Sep 16, 1959
Page
2
Economists warn that high bond yields reduce funds for stock purchases, reshaping markets. Tight money raises mortgage and government borrowing costs, halting private construction and inflating credit costs. The piece urges caution with stock investments and stresses evaluating quality ratings and long-term price-earnings trends.
The son of former Secretary Robert Z. Stevens, 22, was among spectators who clashed with police during Nikita Khrushchev’s parade visit. A man, Marvin Ho Merry, 28, of Scott Depot WV, was arrested for displaying skull and crossbones banners and charged with violating a local ordinance. Senators and House members condemned the suppression of free expression.
A press interview describes five policemen lifting Independent Mr Stevens off his feet and escorting him away as Black armbands flags and balloons were displayed. A Washington woman who wished to remain anonymous said her husband, a government employee, was struck across the chest by police while seven other women carried Black armbands and balloons. A committee representative witnessed the incident. Nixon to visit Texas on Oct 8 and 9 with stops in Dallas and Fort Worth.
A hostess aboard Premier Khrushchev's Moscow to Washington flight sprained her ankle after a stumble. She was treated at Andrews Air Force Base Hospital and released. Air Force officials identified her as V. Korchzenhing.
Russians eased jamming of the Voice of America for the first time in a decade allowing Soviet listeners to hear Khrushchev’s U.S. arrival reports. The respite marked the first clear reception since 1949 of VOA broadcasts into the Soviet Union.
Samuel J. Crawford chairman of the MW D gas and claims committee died Tuesday of a heart attack at age 63. He served on the Metropolitan Water District board of directors and led the committee overseeing gas matters and claims. He was a longtime public official based in Santa Monica.
The Soviet premier traveled 5,000 miles from Moscow aboard the 185-ton TAM turboprop jet, landing at Andrews Air Force Base after delays from strong Atlantic headwinds. Refueling stop at Gander, and the aircraft needed the full runway length, exceeding National Airport capacity.
At Andrews Air Force Base a 125 foot red carpet was swept multiple times by Pvt. Gus Bagatelos of the Army ceremonial unit before Nikita S. Khrushchev’s delayed arrival. The scene included debris and lint being removed as winds carried dust across the strip.
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