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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Dec 10, 1955

Page

8

Christmas Boom Lifts U S Business and Industry

A week of unprecedented Christmas spending boosts economic activity in the United States. Personal income surges, employment remains strong, and factory wages rise as stock dividends and retail sales hit new records. Prospects for 1956 point to continued capital outlays, while auto production nears a peak and car inventories grow. Instalment debt remains a concern as consumer spending drives the boom.

New York U. S. Commerce Department America U. S. Chamber of Commerce Dun & Bradstreet Assa Chicago Trade Weekly Iron Age Ots Detroit

Trend of Security Prices for Past Week Analyzed

The article surveys market sentiment as the Dow Industrials test new highs, with Moody’s forecast of a 1000 level by the mid 1960s. It argues long term gains remain likely while warning of near term profit taking and a possible seasonal decline into December. It cites historical gains from GM, Sears Roebuck, Aluminum Co of America, B F Goodrich, and Goodyear as examples.

General Motors Sears, Roebuck Ahuminum Corp. of America B. F. Goodrich Goodyear Moody's Dow Lom

Sabres Arrive in Formosa for Mobility Training

A combat-ready squadron of 86 Sabre jets arrived in Formosa from Korea for mobility training. The move was announced by the U S air task force headquarters in Taipei and will run until completion.

Taipeh Formosa Korea U. S. Air Task Force

Building Permits Thus Myo A3y This Year

A fragmented list of building permits and contractor names from a past issue. Entries include Cecil F. Centurella as contractor on a 2760 Delta project, Francis J. Hrusel and others for additions, swimming pools, and alterations with costs ranging from a few hundred to over $100,000. Names include Atkinson, Kenneth Wap, Imperial Pools, Beard Pools, and several architects. Multiple addresses and project types listed in a dense, OCR-like format.

Bart Batty Delta Cecil F. Centurella George. Whitney Union Lotal Weton Wardlalw Francis Francis J. Hrusel Imperial Pools Gurus Runsell Clash Custer John Webster Vern Hedden Darchin Bea Mr. Penrod Locuss James Sparks John Covet Jackson Chestnut Oy Fowile Park Lane Fadio Gerieg KABC Aum AL Hibbler XNX

Tides and Temperatures for Sunday December 11 1855

Coastal brief lists tides and heights for the day with sunrise and moonset times, forecasted highs and lows, and water temperature. It notes calm surf conditions and coastal measurements attributed to the U.S. Coast and Geodetic Survey. Lifeguard data appears alongside.

U. S. Coast and Geodetic Survey Long Bowen Lifeguards

GM Hearing Seen Driving New Auto Industry Laws

Senate subcommittee hearings on General Motors impact foretell new laws. Senator Joseph O Mahoney says reforms likely after interim report next month. He pushes liberalizing dealer contracts and warns against monopolistic practices prompting possible federal regulation. Curtice testifies that GM will need to adapt with industry changes. some senators doubt need for special legislation.

Washington Iri Joseph C. O'Mahoney General Motors Wyoming Democrat Senate O'Mahoney Chicago Subcommittee Sen Wiley Regis Harlow H. Curtice

Other Unions May Prolong Paper Strike

Mediators expressed optimism about a bargaining session between AFL-CIO representatives and the Detroit Newspaper Publishers Association aimed at settling a dispute that has closed Detroit’s three metropolitan papers for 20 days. Even with a settlement, immediate resumption of the Free Press and Times and News may not occur. The Detroit News Guild urged all affected actions to join in a pact that no one returns to work without a new contract while papers cite layoffs due to no work, calling it a lockout.

Detroit Lps Afl-Cio Detroit Assn Morning Free Press Afternoon Times and News Pl-Ciq

Hair Strands Face Abbott Defense Blast

Abbott defense challenges Dr. Paul Kirk testimony linking two hair strands found in the back of the Abbott car to Stephanie Bryatt a Berkeley girl abducted and murdered. The trial extended into its fifth week as attorneys prepare to contest the expert’s identification.

Oakland Burton Abbott Paul Kirk Abbott Kirk University of California Stephanie Bryatt Berkeley Stephanie Alameda Trinity County San Francisco Bay Area

Bandit Remembers to Rob Redondo Bank

A bandit almost forgot to rob Citizens National Trust and Savings Bank in Redondo Beach. Forty minutes after asking change for 19 dollars, he returned to teller Vera Ganzert, drew a revolver, and demanded a paper bag. He escaped with 518 dollars.

Redondo Beach Citizens National Trust & Savings Bank Vera Ganzert

Ike Will Ask Slightly Less Foreign Aid

The Eisenhower administration plans to seek 8.87 billion dollars in new foreign aid for next year a slight cut from this year after budget bureau approval following discussions with agencies. Congress funded about 2.703 billion for the current year to 46 countries. The reduced program likely limits stepped up Middle East spending despite Russia activity.

Ike Washington Eisenhower Congress Budget Bureau Oiitch Middle East Russia

Fire Chief Alderson Receives Threat Over Budget Plan

Fire Chief Alderson reported receiving a telephone threat tied to his stance on a large budget request. Officials say the caller warned that plans to secure about 1.8 billion dollars for economic defense and 1 billion for weapons shipments would face strong opposition.

John H. Alderson Alderson Wee Ze

Polly Bergen May Host Oklahoma Music on Durante Show

TV page notes Polly Bergen guests on The Tonight Show format with Oklahoma! tunes. Jimmy Durante eyes filming two theater acts as he signs acts like Eddie Fisher and Johnny Johnston for fall season. Bergen signs for big money and a Pennsyl-vania themed show faces challenges of rescuers and a busy schedule.

Jimmy Durante Step Brothers Ricky Zahnd Blue Jeaners Dorsey Brothers Music Army Archerd Eddie Fisher Donald Joan Evans Newcy Gates O'Connor Johnny Johnston Jett Los Angeles Ethel Jimmy Richardson Vegas Polly Bergen Vania Pennsylvania Jimmy Palaz Iss Bergen Izola Perry Como Pedro Gonzales Perry Les Pau Mary Ford Gert Hollywood Legion Molly Goldberg Berg Jean Pierre Aumont Ralph Kramden Office Jack Carter Emose Vaughn Monroe

Hood Slain and Body Left in Blazing Car Mystery

A 10-year-old ex convict Johny Coletta was beaten to death and his body burned in a car found on a rural road in suburban Leek County. Police report a deep head gash and multiple blows. the car fire consumed the lower body while the upper torso remained largely untouched. Authorities note Coletta had 15 prior arrests since 1930 and a 1950 Joliet Penitentiary burglary sentence.

Chicago Leek County Charlee W. Richards Johny Coletta Reselle Colette Richards Coletta Joliet Penitentiary

Chile Public Health Medics Quit Over Wage Plan

Sixteen hundred Santiago doctors employed by the Ministry of Public Health resigned on Friday night in protest of a proposed single wage scale for all government officials. The resignations take effect in ten days as Congress debates the plan.

Chile Santiago Ministry of Public Health

Fire chief reassigns Negro firefighters to all Negro stations

Fire chief told the Fire Commission on Thursday that he had reassigned Black firefighters to their original all Negro stations due to problems arising in the integration program.

Fire Commission

Revolutionary Theatre Lineup Stuns Virginia Crowd

An oddOCR schedule lists multiple shows and times across a long night at a Virginia venue. Highlights include Rocket to Atlantoma, Eddy Amal and In Person Army Rocket, with actors Bud St Abldee and Brucdipe among names. The fragmentary text shows a mix of stage acts, radio plays, and a late midnight block, ending around 2:00 or 3:00 a.m.

Mirginia Bruce Octo Starked Moriay Xy Harm Hopart Stan Isane Eddy Amal Tim Ev Caoora Centys Downo Millooatre Eek Bud St Ang Comnelias DeCola Lee Lyons New Oril Brucdipe Aeith Ta Baster Ward Army Rocket Ellery Queen Tate Fleigh Ootden Gars—Inler Deng

Also Mentioned on This Page

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