Stocks shift under conglomerates raise investor concern
The piece notes major stock changes with mergers turning old brands into new entities such as Atchison Railroad becoming Santa Fe Industries and American Tobacco becoming American Brands. It warns mergers today echo the 1920s craze and recalls how prominent financiers’ fates diverged from their wealth, urging caution amid evolving corporate control.
MENTIONED IN THIS ARTICLE
Atchinson Railroad
Santa Fe Industries
Seaboard Finance
Avco
American Tobacco
American Brands
Fireman Fund Insurance Co
America
American Express
Edgewater Beach
Chicago
National City Bank
New York Stock Exchange
Wall
Reading aid for the blind shows promise from Stanford researchers
Stanford University and the Stanford Research Institute develop an electronic device that converts optical images into tactile stimuli enabling blind readers to decode print. A test user reads 50 words a minute, using a probe and 144 reed touch unit, but researchers note the device is still in development and not yet for marketing. A separate Colorado study links prolonged infancy malnutrition to lasting physical and mental delays 32 years later.
MENTIONED IN THIS ARTICLE
Stanford University
Stanford Research Institute
Journal of the
American Medical Association
James D. Meindl
Do Genius Die Young or Do Time and Talent Coincide
An essay compares Mozart and Schubert dying young with Keats and Byron to question whether genius dictates an early end. It argues time may be a relative factor within personality, noting many greats lived long while others died in struggle or accident.
MENTIONED IN THIS ARTICLE
Schubert
Keats
Shelley
Marlowe
Byron
Wordsworth
Mozart
The Tragic Enduring Guilt Over Young Talent
The piece reflects on Sydney Harris and society's harsh treatment of gifted young men. It notes that even under favorable conditions many burn out early, and a youthful genius may be ready for death long before ordinary lives have begun.
Goals shifting in poverty war for Long Beach
Long Beach poverty program leaders anticipate changes after the President’s Conference on the War on Poverty in October. Carl P. Wallace of the CAA says funds may shrink and emphasis may shift to new program concepts with 80 percent budget continuity. Don Rumsfeld outlines broader state involvement in internal poverty campaigns.
MENTIONED IN THIS ARTICLE
Long Beach
Commission On Economic Opportunities
Carl P. Wallace
Wallace
CAA
Don Rumsfeld
Rumsfeld
Planning grants map long term poverty elimination
Wallace outlined planning grants to chart five and ten year master plans for ending poverty seeking revisions of community action agencies. He warned of likely funding shortfalls for Long Beach and other poverty agencies, possible congressional cuts, and confusion from conflicting White House priorities on OEO programs.
MENTIONED IN THIS ARTICLE
Long Beach
Wallace
OEO
Hair rule sparks debate over school discipline in Long Beach
A Long Beach junior high enforces a regulation forcing a 12-year-old to trim shoulder length hair with ears exposed. The columnist argues on principle about parental authority, student trust, and whether hair length signals discipline, citing orthodontist bias and past fashion fads.
MENTIONED IN THIS ARTICLE
Long Beach
Also Mentioned on This Page
L. A. C. Says
L. A. Collins Sr
Charles Schwab
Nicholas Parnissas
Samuel Insull
Howard Hopson
Arthur Cutten
Richard Whitney
Sing Sing
Albert Fall
Wall Street
Jesse Livermore
Ivar Kreuger
Insull
Medical Science Editor
University of Colorado Medical Center
Ode
Nightingale
Sydney Harris
Nixon
Commission
Washington
Congress
George Laine
George Robeson
Long Beach Museum of Art
Virginia Woolf
Gilmar Convalescent Hospital
South
Long
Pacific Avenue
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