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Long Beach Press Telegram in Long Beach, California

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Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Feb 24, 1949

Page

8

President Discusses Foreign Aid And Trade Act Extension

President Truman spoke on continuing aid under the Marshall plan until recovery is assured, noting four years may be needed if Congress approves. He urged fast passage of a three year extension of the Reciprocal Trade Agreements Act, aiming for congressional action by March 5. The scene included jokes and light exchanges with reporters at Arlington VA.

United States Congress White House Reserve Officers Association Arlington Washington Daily News Puc Star IMF UNO Senate Truman Rollins College Fla

Long Beach Banks Record Set in 1948 Checks

Long Beach banks handled 1.9315 billion dollars in checks in 1948, an all-time city record and placing the city among the top 25 nationally for increase since 1940. December also set a record with 171.428 million in debits, a 5.8 percent rise over December 1947, as American Banker’s annual survey shows national banking volumes reaching 1.249568 trillion in 1948, with 114 cities posting over a billion.

Long Beach Bf American Banker New ‘York City United States U. S

Oil field updates report multiple California wells

Hancock completes Quality 681 well at Cuyama flowing 467 barrels daily with 33.4 gravity from 3363 feet. Richfield adds producers in Cuyama and improves field potential with 936 barrels daily. Edison Union Pacific Unit No 1 near Newhall yields 455 barrels at 34.5 gravity. General Petroleum Pastracchio No 2 at Placerita 43 barrels net. Barnsdall R S F 73 5 at Porters 210 barrels in 15 hours. Hancock Signal No 3 under drilling at 9190 feet in Signal Hill field.

Fancock Oil Co Cuyama Esterday Richfield Richfield-Russel Los Angeles Edison Union Pacific Newhall General Petroleum Corp Placerita Barnsdall Oil Co Porters Hancock Oil Signal Hi

Larger Rice Crop to Aid Needy

The U S Department of Agriculture estimates 1948 3019 rice production at 7 470 009 000 bushels with last year at 7 060 000 000 indicating prewar levels for the first time since the war and about 4 200 000 short tons available for needy nations.

Washington U. S. Department of Agriculture Ie Department

Egypt Israel Armistice Talks End As Delegates Sign

Delegates signed five feather bound copies of the armistice agreement after six weeks of talks. Bunche thanked both sides for their patient effort and noted the agreement’s future need to settle Negev, Jerusalem, and Arab Legion areas through Trans-Jordan negotiations starting Monday. Egypt concedes that territorial questions await final peace settlement and Israel’s October and December advances in the Negev are cited as context.

Bunche Egypt Israel Negev U.N. Security Council

Also Mentioned on This Page

Washington Evening Star S. Oe Joeph A. Fox Fox L. B. Banks By Everett Purcell National Association of Real Roger Ernest A. Baumgarth Detroit News Middle Atlantic East-Northcentral Green Held Mass Davenport Iowa New Englih New York New Jersey Atlantic Central James K. Chandler Cleveland Press Adin Rider Cleveland Plain Dealer Hancock Cuyama Area By Emmet F. Riordan Barnes and Shadrick G. L. Speir Eureka Humboldt County Pacific Coast American Association of Pe Clarke Hotel Superior Oil Co H. J. Buddenhagen Gosford Shell Co Cole- Hancock Nowedrado Plat Egypt-Israel Ieee Geing Hills Bros. Coffee, Inc San Francisco Ife Children’s Wear 2Nd Fleet Heog Deeves Saray Yoo Feys Grenadier Neolite Sale
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