Upturn in American business eyed as 1955 grows
Manufacturers from steel to autos and instant coffee forecast rising sales amid Census data showing population hitting 163.9 million on Jan 1 1955. Auto output eased after a record run while steel activity climbs toward higher levels. Railroads and air freight expected stronger activity. Westinghouse foresees 10 percent sales gain. GE posts 2.1 billion in earnings for 1954.
MENTIONED IN THIS ARTICLE
New York
Census Bureau
U. S
United States
Chevrolet
Ard
Detroit
Alfred Perlman
New York Central
The
Central
East Buffalo
N. Y
Robert W. Prescott
Flying Tiger Line, Inc
Westinghouse Electric Corp
Gwilym A. Price
Big
General Electric Co
Commerce Department
Washington
Trend of Security Prices for Past Week Analyzed
Market observers note the Dow Jones Industrial Average drifted in a narrow range after a new year high of 408.89 and a January dip to 388.20. They expect near-term earnings to energize equities, with consumer buying driving ongoing recovery and retail spending hitting record January levels amid a gradual economic upturn.
MENTIONED IN THIS ARTICLE
Dow- Jones
Dow
Commerce Department
Treasury
Federal Reserve Board
Clergymen to Aid Red Cross Effort
Long Beach churches and synagogues prepare for Red Cross month in March. The Long Beach Ministerial Union president Rev Emerson G Hehnen and leaders Rt Rev Mser Bernard J Dolan P A W Fjv and Rabbi L Eliot Grafman urge pulpit announcements and bulletins to recruit members and funds for the drive.
MENTIONED IN THIS ARTICLE
Red Cross
Long Beach
Emerson G. Hehnen
Seven Million Tax Lien Hits Bookmaking Boss
All-Harry Gross, once head of a $20 million a year bookmaking empire, faces a $7,328,700 tax lien filed by the Internal Revenue Bureau for back income taxes and penalties for 1969 through 1940. He and his wife may have cash or property seized. Gross is serving a sentence in Bronx County Jail and becomes parole-eligible next month.
MENTIONED IN THIS ARTICLE
New York
Harry Gross
Internal Revenue Bureau
Gross
Bronx County
Winter Mild in Midwest and North Caldi
Mild weather covered much of the country with Atlantic air lifting temps 20 to 30 degrees above Friday. Readings reached 40s toward Des Moines and Chicago and 54 in Kansas City while Palm Beach hit 76. Cold air pushed into the Great Plains and northern Rockies with up to 30 degree drops in Montana and Wyoming. Snow fell in the northern plains and Pacific Northwest with rain in Missouri and the Gulf coast region.
MENTIONED IN THIS ARTICLE
Midwest
Rockies
Gulf
Texas
Great Lakes
Des Moines
Chicago
Kansas City
Palm Beach
Fla
Great Plains
Montana
Wyoming
Grand Forks
N. C
Nevada
Utah
Missouri
Findis
Gulf of Mexico
Plains
Pacific Northwest
Lutherans Will Hear Institute Activity Talk in Omaha
Sister Marjorie Axelton of the Augustana Lutheran Deaconess Institute will describe the Omaha based institute and training school at Immanuel Church on Carson Street at 6 30 p m. The agency operates a hospital and nursing school a home for the aged a child guidance clinic family service and other programs. Her talk will feature color slides and an occupational therapy display as part of a California Conference tour.
MENTIONED IN THIS ARTICLE
Marjorie Axelton
Augustana Lutheran Church
Immanuel Deaconess Institute
Omaha
Neb
Immanuel Church
Carson St
Augustana Synod
Marjorie
Augustana’ Lutheran
California Conference
Prayer Week at Trinity Lutheran Church Begins Lent Observance
Trinity United Lutheran Church will observe a Week of Prayer from Tuesday March 4 with daily 1 pm services led by Circles of the Women of the Church. The theme is A Pilgrim age Into Reality as women of the United Lutheran Church in America usher in the first week of Lent.
MENTIONED IN THIS ARTICLE
Trinity United Lutheran Church
Women of the Church
United Lutheran Church In America
State Unemployment Increase Reported
Sacramento reports January unemployment figures show 1133,400 weekly average claimants, unchanged from a year ago but 20 percent higher than December. Initial claims averaged 31,800 weekly, up 18 percent from December and down 31,800 from January 1954, while the average weekly total payment rose 25 cents to 25.83.
MENTIONED IN THIS ARTICLE
Sacramento
Dejecraber
William A. Burkett
Gov.Knight
Burkett
Solons Question Military Cuts as Russell Warns
Senator Russell and other lawmakers challenge proposed cuts to the armed forces. Navy Secretary Thomas outlines reductions of 62 000 sailors and 31 000 Marines by July 1 1936, maintaining 405 warships and seeking three more atomic submarines and a Forrestal class carrier. Marine Commandant Shepherd stresses mobility tied to Navy support amid questions on amphibious and auxiliary craft retirement.
MENTIONED IN THIS ARTICLE
Russel
Senate
Armed Services Committee
Navy
Thomas
Congress
Sen. Stennis
Lemuel
Shepherd
I Marine Corps
Air
German Arms Battle to Last Ditch in Bundestag
In Bonn opposition Socialists rallied for a last-ditch fight to block Paris treaties rearming West Germany as the Bundestag entered its third day of debate. Chancellor Adenauer pressed for quick ratification amid long speeches and frequent interruptions with a potential all-night session.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Paris
West Germany
Konrad Adenauer
Bundestag
Second Family Night Lent Dinner at First Methodist
The second Family Night Lenten dinner will be held at First Methodist Church on Wednesday at 6 15 pm. Edith Stauffer founder and director of Compton Counseling Services will speak. Her talk is How to Use the Dynamic Force of Prayer to Make Life Abundant.
MENTIONED IN THIS ARTICLE
First Methodist Church
Edith Stauffer
Compton
Stauffer
First Methodist Church of
Talent Abounds on Television Show in Long Beach Area
The Long Beach area is set to be well represented on the Church Talent Hour program Sunday on TV. Featured acts include the vocal quintet The Five Js Tean Joan Janet Judy and June Edenburn Leaora Mead mez zo sopranos and the Bethel Lutheran Choristers, a 12 member singing group led by Maynard Meader. The Five Js will dedicate their songs to Hawaii. Mrs Meed hails from Lakewood Village Community Church and is a Pepperdine College graduate with a music degree and active in the Long Beach Singers Workshop.
MENTIONED IN THIS ARTICLE
Long Beach
Five Js
Tean
Joan
Janet
Judy
June Edenburn
Leaora Mead
Bethel Lutheran
Maynard Meader
Hawaii
Pepperdine College
Long Beach Singers Workshop
Akron Goodrich strike ends after two days at three plants
Goodrich settlement reached Friday night ends a two day strike at three B F Goodrich Co plants in Akron idling about 9000 workers. United Automobile Workers union cited wage and benefit negotiations as key factors guiding the agreement. The three plants involved were in Akron and surrounding areas.
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Walter Breede JR
Clive Wednesday
Paul H. Margregor
E. F. Button & Co
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de LA Chapelle
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Lof Institute
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York
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Hueneme
Robert Weltert
Ger
Mazatian Mexican Pet. Corp
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Papeete Santa Paulatery
Estero Bay Union of Co
Antwarp Johnson
Honolu W Matson Nav. Co
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IL. A
Ion
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Harry Dixon
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Charles Foley Ili
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Joseph Johnson
Harbor City
Elsie Hinds
Osgood St
Insurance Department
the Independent
End Press-Telegram
Long Beach, California
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