Page 2 of 26 Jan 1957 Issue of Long Beach Press Telegram in Long-Beach, California

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Long Beach Press-Telegram (Newspaper) - January 26, 1957, Long Beach, CaliforniaPlay cast nearly set at Wilson trend of Security prices for past week Analysed by Paul h. Macgregor with of Hutton co. Is becoming More obvious each Day that the Federal re serve Board will be Able to die Jack drama sponsor the business level in 1957, is in the process of determining a our opinion a few major final castings for Wilson s a Schobl play or. Barry s etch a comedy in three acts by Bullock and Daniel Walter Archer. Many students already have been cast for principal roles in the Broadway Success while Many Are still in final Competition for major parts. For the last two weeks Jack Mcbade the director has been choosing possible members for next semester s advanced drama production class As Well. Stu Rosen will portray or. Barry Pat Donovan is set to play Tom Crosby and Phyllis Bannister is mrs. Taylor. Others include Kay Elwood As fifty Ferris Ron Hogue As saw Buck Sam Sawyer and Mary Abbott As mrs. Criswold. Among the others competing for parts Are Barbara Sosebee Linda Centura Bonnie White companies recently have can celeb certain projected expansion plans. Whether these cancellations Are due directly to the tight Money situation or intended As a warning to the feb makes Little difference As either possibly will serve the purpose of warning the Board that their strict monetary policy is on thin ice. If these cancellations of pro written at the close wed., by h. De la Chapelle Voth Paine Webber Jackson. A Curtis in a declining trend after the Market has dropped out of a Well defined resistance consolidation area As for example the late five week 4s6-500 do there is Little room for rally until prices have declined sufficiently to allow a Good measure of recovery below the last established frequent minor in is print reversals against trend develop such As the rally from 471 monday to 483.50 to Day. Obviously should the mar Ket work higher Here it would come into the overhang where Selling would appear in order. Do industrials business Industry summary for week by waiter Skeede Wjk. New York Boom was still rolling along this week but signposts warned of possible danger spots ahead. Two big questions loomed would Consumers keep on spend ing freely and would business firms curtail their spending if per Contra. Programs while business Over All showed signs of Lusty health some weak spots were apparent. Most of the big Auto makers were holding their output Down. Only overtime production. Manufacturers inventories in Many lines Hafl climbed faster than sales. There were new signs of glut in the consumer Market for Home appliances and television sets. Shoe production fell be Low the Levels of a year ago. Cotton Mills slowed their operations. A downward trend in new orders for machine tools pointed to a slower Tempo of Industrial expansion in the Corning Dun Bradstreet Survey found leading business at months. Executives looking for Slimmer profits despite increased sales. Tune up for tricycle dash is sponsoring the race. Africa Aid lecture set at Millikan becoming an integral part of the ram Campus Millikan s scholarship society will sponsor an illustrated lecture on the work of or. Albert Schweitzer in equatorial feb. 5 at 7 . Speaker of the evening be mrs. Weiler West los Angeles. Members of the Community Are invited to hear mrs. Weiler of or. Schweitzer s great humanitarian work. Visiting him in Africa she Learned Many interesting and intriguing things to relate. The Only charge for admission will be a Small contribution such As a paper of pins a spool of thread band aids or old sheets for bandages. All gifts will be sent to help or. Schweitzer s work in Africa. Also invited Are the Jordon Wilson and poly High school scholarship society chapters. Presented in the recently completed Millikan auditorium this lecture will1, be one of the first activities held in this million Dollar building. Tips for teens Jan. 28 479.93. Cited expansions which presently Are Only a trickle should become an Avalanche the re sult on business would be Seri Ous since capital spending is one of the major props under our current prosperous Economy., before serious damage is done to the Economy however we continue to believe that the fed Oral Reserve Board will reverse its policy As it did in 1953. Temp tag to go niger irom Market showed no inclination to rally. The Market Falls Back and holds costs of mall and services Mary Mersky Evelyn Hanks Susan Phelps Paul Williams Richard Pratt. Karl Hall Todd Eachus Frank Capone and Ted Cheadle. This play is not Only Amus May be a Little too strict but ing but offers Fine possibilities i we doubt seriously that they in one or both averages a base written at the close thurs Day Jan. 34 do industrials 481.30 might be Laid for a february rally before trending downward again into april May. Of course should the late lows be actively penetrated in both averages the test of 460 would be expected against continued to move up. On the consumer front the government reported that the Cost of living As measured by its consumer Price reached a new record High last month. At 118 per cent of the 1947-49 average the Index had climbed 3 per cent during the past year and about 3vs per cent since 1953 when president Eisenhower first took office. East. Clayce chief of the Bureau of labor statistics ventured the guess that living costs would go still higher this reduced prices made possible by department e to follow. It 1e the writer s guess Liance Storc bargain sales he said would probably be the Odds favor an Extension of " a admittedly the Board for Young actors in developing Good stated me bade. Final casting results should be reached this week. How if people like you by Elinor Williams poly student officers to be honoured i All of poly s elected student body officers outgoing officers administrators and activity advisors will attend the annual student government banquet next thursday night at the Petroleum club. Outgoing president Bob Irwin will hand Over his Gavel to Sam Vickers who was elected pres ident in last week s election. All other new officers will also be installed. S included on the Agenda of the banquet be guest speaker or William began Public defender. Or. Neil Philips principal and or. William Miller activities director Wilt also address the group of Stu Dent leaders. You can t always have much fun alone so it s natural that the girl who wrote this letter has popularity on her dear Elinor How can you Tell if boys really like you do they act As if they like you theh talk about you behind your Back How can you go about getting More friends both boys and girls boys i like Are always from other towns and i Don t get to see them very often. Does this make boys in my town shy away from me i be never been out with a boy from my Home town. What can you talk about with a boy after a dozen can usually Tell when people really like you by the Way they want to be with by the warm glowing feeling you get. When girls and boys include you in their plans Telephone you and show consideration for your feelings they like you. Yes some act As if they like you when they re with you then talk about you behind your Back. How can you toil sometimes you can t. Some times you can Tell by the Way they talk about others to you by the Way your secrets get around or when friends Tell you what s been said about you. You la have More fun if you get acquainted Date Wise with Wilson governing to hold open meetings to give Wilson students meeting. The observer is Chance to learn More about their1 not to participate in any of the Ich Ooi s student government the i discussions or actions in Prog class voting concludes at Jordan High student body elections were again held on the Jordan Cam pus recently. The six major offices were filled last week and remaining positions were voted on this week. The results announced thursday. Re elected to the office of Library commissioner at Jordan is Linda Opie. A senior she has the Job of making recommendations to the Library staff Anc helping with the preparation of Book lists for student use. She does All possible to assist in and encourage Library usage. Also re elected to second term is Carolyn Metcalf girls league president. She will be assisted in her duties by Wilma Dalpiaz vice president Judy crimes recording Secretary Sheila Kerivan corresponding Secretary and Jane Chaffin president of the dress regulation Board. These Ciris soon be working together As a unit to promote All projects of the girls league. Board of governors will open Ress certain of their meetings since according to present plans the no errors in action. These sessions open to will be open once a Wilson High school student Are month the particular meeting for the purpose of letting the. Students observe the Board of St. Anthony ski club plans Mountain trip students of St. Anthony High school who arc members of the school s ski club the Angels Are planning a trip up to Snow Summit or it Baldy sunday. Boys in your town. Give a key clubs to hold annual confab Here the Jordan key club is in will carry the current policy to the breaking Point. We also should give weight to the threatened opposition in Congress. If the Board should persist along its present coarse think some legislation de signed to limit Power would be the Board s forthcoming and certainly that should be the last thing the Board would wish to precipitate. Tuesday the House banking committee authorized an investigation of the monetary and de taking a project this year in since the first of the year the cooperation with the poly and feb has sold about 750 million Wilson key clubs. The annual dollars Worth of Treasury Bills. The Odds favor the ratty into february before anything serious happens., recent experience in Jie american Economy seems to Haye taught a growing number of Stock owners that Cost inflation does not per be improve profits. It is Only when unit prices increase As fast As or faster than unit costs is it Safe to assume that rising prices will lift profits and generate buoy Ancy in Stock prices. Party and invite them. Invite regional key club convention is being held in Long Beach this year and the local City clubs Are taking the entire local boys to girls dances and parties. Suggest that one come to your Home for a to eve Ning with another couple he or play games make Popcorn or knows Bridge or fudge. Invite the girls you like Best to your Home for an after school snack and record session or invite one to a movie or Bowling As your guest and they la gradually include you in their fun. What can you talk about after a dozen the More you know a boy the More you have to talk his favor. Ite sports Hobby ambition ask his opinion on things. Re member that everybody likes to talk about himself Good conversation starters include what do you think about that s interesting. Tell me about you re for free printed tips on Date manners for girls to help increase your fun and popularity Send a self addressed envelope to Eli nor Williams at this paper the convention will begin april 18 and last Over the week end. There will be 750 Dele Gates from California Nevada and Hawaii in attendance. They will take Over the entire la Fayette Motel. During the a can officers of the District for the coming year will be elected in a manner similar to the National elections. Outstanding speakers such As the Rev. Paul Richards Are be Iri our opinion this in intended to absorb Post Holiday loan re payments and not indicative of a continuation of the Sale of these Bills. On the favourable Side High i Nyss dance aids Hungary Relief fund sponsoring a dance last sat urday Dinas Wilson s Only boys welfare club donated the proceeds to the hungarian re Lief fund. Offset by the rising Cost of food Coal and Oil. Oil and gasoline Price increases touched off fireworks in Congress this week. Senate investigations were shaping up on several pastor sponsor of a Resolution to set up a special investigating committee of six senators said Congress has a duty to protect gasoline and Oil users from Price and sen. Wiley a wis said the Public is entitled to know Why prices should be rising when there s no shortage of gasoline. Behind higher prices for heating fuel and gasoline Lay first in nearly three the Basic Price of crude Oil. This was defended by Robert l. Wood president of the Independent Petroleum Assn. Of America As inadequate also slated for a look see by the Senate were increased prices of steel building materials and newsprint. Rising Price trends figured prominently too in president Eisenhower s economic message to Congress. Cautioning against the upward pressure of costs and Eisenhower defined the administration s economic goal As Prosperity with Price with increased pressures overdue and obviously necessary abroad to create Dollar ex-1 change recent past 2 to 6 months tendencies have been toward sagging prices in the sensitive commodity Price in d e x e a notwithstanding this country s Rescue directly and through the International Mone tary fund of Britain and to a lesser extent other parts of Western Europe from the con sequence of the Suez fiasco. While fuels have risen for obvious reasons significant Down Grade Bonds have Are to be noted in Copper considerably and the spread be Cocoa and rubber and lesser de tween High Grade Bond yields dines in recent weeks or months and Dow Industrial yields has m tin Wool grains and steel eke will Welcome King Saud in style Washington King include several top Saud of saudi Arabia will re among them Secretary of state widened from .63 of 1 per cent to .98 1 per cent also this week Treasury were floated at an average yield of 3.0s per cent the lowest for several weeks. The 465-75 Range on the Dow scrap. Sugar has been an out standing exception. Ing obtained to entertain the is proving to be a solid resist delegates while a dinner and Ance area and in our opinion dance will provide the social Likely is to contain any future events for the convention. Local setoff unless business should girls from service Bej definitely deteriorate or some asked to serve As partners Forslun Morseon International comply the dance. Every year regional conventions Are held in different cities Over the entire , with the one big National key club convention climaxing them All during the summer months. At Jordan the Delegate to attend this National convention will be the incoming president to be elected sometime in the future. Last year the ocal Delegate was sent with All expenses paid to i cation develops. On that Assumption stocks now Are in a buying zone. How Ever we must realize that proper selection of stocks is of major trapped in old see Box san Antonio Tex. Of Graver Earl Emery 5, and his sister Elen Irene 4, died Friday while trapped in an ice Box on the front Yard later. Chive a red carpet including an Airport greeting from president Eisenhower when he arrives Here next wednesday for a three Day official visit. For the first time Eisenhower will Greet a foreign visitor at the Airport rather than on the White House Steps. Saud is scheduled to arrive in new York tuesday and will Fly to Washington about noon wednesday aboard the presi Dent s plane Columbine lit Eisenhower and Saud will Start their first conference three their Home. There were three abandoned importance. In this correction be boxes on the Lawn it seems to us that the Oil and the children s father James natural Gas stocks have not Dis counted the industries improved Outlook. The drilling equipment stocks also should be included in this More favored category. The recent Price increases i in to Eisenhower the Airport welcoming group will for thursday. Dulles and adm. Arthur Rad Ford chairman of the joint chiefs of staff. The White House in announcing the welcoming plans Friday. Said Saud would be Given a key to the City before going with his party of about 16 persons Blair House near the white1 House. In addition to the wednesday afternoon talks Eisenhower will hold a Stag dinner for the Arab King that night and will receive him again at the White House on Friday. Friday night Saud will Honor Eisenhower dinner at a hotel. No meetings Between the two Are scheduled Washington d. C., for the con which were needed badly the mention. Extreme cold weather in the a l41ui. F the three schools Are and Northern sections of nine to work together very the nation and the trend toward closely on their project of and Gas for this year s regional meeting will i Home heating Are factors of to remember. Great importance. In addition be an event to remember. There appears a Good Chance that the natural Gas Bill will be 1 come Law year. This Law give Back to the states the rate making proclivities. If and As the new Law is enacted we May expect an increase in Price of Gas at its this is the first time semester to those students wish such open sessions have been to see the Board of gov set up All plans Are tentative Wilson High names new class officers after an Assembly in the Wil son auditorium monday introducing the candidates class officers were elected on tuesday. Balloting took place in social Liv Jing classes. Student body and greek cypriots push officers also Day results were sen Nicosia Cyprus for class president Steve lip cypriots carried their latest general strike into its second Day today ignoring advice of their own leaders to hold them Emery 3 a Mechanic said he warned the children thurs Day not to play with the ice boxes. Emery who works at night said he awoke about 3 p. And could not find the children. He looked outside and then in the ice Box where he found the Chil Dren. The children s Mother was at work in a laundry at the time. The couple has three other children who were in school. Building permits tills month Una this Long mrs. Salome addition 3085 Alto s. Orcs. Locate to Popr. W Brown. 5-tamily apart 221 Willard 530.000 Scorpa w. Office. Atlantic is 500 Guy f Auburn contractor. Elcar c bar let swimming tool 6s5ci Beo Hiey. S2.306 Anthony bros., contractor Mackintosh i Mackintosh Man Cook vice president. Darlene Secretary Judi Grimm Junior class president vice president and Secretary Chris rope Brown Sally work stoppage to 24 hours Carol principal in conjunction the 3overnors while holding a Reg strike was called to pro test recent violence and prop erty damage in clashes Between turkish youths and greek cypriots. The greeks charged British authorities did not act fast enough to quell the violence. Mine Pool 054 Atlantic Anthony eros., contractor slue tides and temperatures Fob sunday Jax Rjaby 27, 1957 Sunrise a. Sunset p. Moor Irise a. Moonset p. Tides it. At a. M., it. At p. It at a. M., it. At p. Foregoing statistics by u. S. Coast and geodetic by Long Beach lifeguards water condition of Friday weather statistics Southern California Long Beach los. Bishop Blythe. H. Go 70 41 Al Centro. 69 l. A. Airport. 59 h. .60 it. Huson 40 Needles. 65 61 Palmdale. 33 32 Palm Springs 62 31 a Sadens. 58 47 paso Robles 50 san Alceo san Gabriel san Pedro. 57 Santa. Barbara is 37 san a. Monica f Thermal Warner Springs 52 37 43 25 Over the nation Abilene lox 2s Albuquerque 33 Amarillo Atlanta l. . I h. 25 Houston 55 33 5 37 1.-17 Baun Rafoeld 5-t 38 t. Bismarck Boise 20 Boston 28 Brownsville 74 Burtalo 26 car Luton so 00 3s -1" Huron 0 Indianapolis 34 Jacksonville 68 kans c., to. 15 Lus vegas m Little 50 Hertford. 35 Memphis ------48 76 William am Al Carmen s2.2ix. Construct Lon Cheyenne Chicago addition. 6503 Cincinnati co. Con1, Ractor. Louis r. He Tara. 23rd, add Tjon 6071 e. D r oomph Engin medical office. 1777 Belltower 1350.000 Ben f. Mar contractor Powers. Daly a no . Addition. I6d l c Tiro service Slot ration. 745 Bransc. Frnncis Osmond merchant architect. Dodo if City Diu a paso Fresno or. Junction Piena "-17 -12 Portland. Or. 20 so 64 City -2 investment funds furnished e. F. Hutton travel is on their minds these have been chosen spend a some family overseas As part of the american Field service program. They Are left to right june Lang Parmenter and Art Lederman they still must get approval of ass s new York office. A bid Aberdeen cd 1.56 affiliated cd 5.30 am i3us1. Sura 3.yo am Mutual cd 1.53 mod evil 15.s6 exc Hough a . 3.73 axe cd 9.b2 Blair holdings 3.25 11.25 Bonds Netram 21.83 Boston fund 1g.22 Brostl Rovest Bullock i cd Cut Elf fund a is Canada gonad 13.21 Anad Laud 13.58 in int grow 7.43 jail Tel vent 5.41 12.08 came local cd 15.40 colonial cd 9.s7. Cowl la invt a j7 pm with St if 12.3g 17.76 comp cd 15.gs Concord cd 13.78 com 16.50 6.55 Delaware cd 30.08 divers rows 12.37 divers invt 8.s3 15.73 dividend. Scar 2.ca Dreyfus fund 8.61 21.50 20.30 he Citron invt 14.s4 equity fund g.8s Fidelity cd founders Mut 7.57 Frank Cusco 10.08 0.80 fun am invt 15.83 Gas ind Fud 34.c asked 1.72 1.27 6.14 6.71 4, of 10.7s 3.75 12.23 23.17 17.54 13. To 7. 13 14.2s 21.18 8.13 5.93 10.54 8.71 10.71. 10.1.2 13.43 g5.50 11.74 13.56 3.79 17.90 2.89 9.30 22.80 21.70 5.29 7.13 15.18 4.22 adm Gen Bond ind much i flt Bond Marchand evil allied1 com Stock 11.30 12.33 trans Electron los 7.4b manhat did food a z Jujj Hanl nver he Soo a of Mutl hrs 11 s2 is s tit Lon a dam 2.g2 2. 89 Katyll mrsters 6.11 0.70 8.m 10.83 17.33 .18.96 4 12 4.53 8.73 9.57 11.79 15.42 8.52 10.10 bid 3.1s 7.21 1j.m 10.-Ih 37.72 9.45 h.7b 3.35 18.45 asked 3.48 7.93 12.01 11.20 10 -8 -1 -13 83 32 40 35 43 31 50 3it 19 . I 46 t. Lied 45 Liliuo 40 l. Pc. 30 t. Sacramento 47 St. Louis 30 Salt Lake c 31 san Antonio it san Francisco 47 new Orleans new York c North plate 37 31 okla. City 17 2 t. Pond Luton 7 Philadelphia. 31 Phon la. Plata Burgh Pocatello 23 41 .03 23 .03 11 33 42 .26 Seattle. 25 18 Spokane 9-10 Springfield m 2ij 15 Vancouver. By 29 h wain., do. 35 25 .01 we Pilkton .-11 -23 26 if .21 Winnipeg Man -5 -26 a Nilow ,._ 52 37 yfillowstn., it. 7 -28 Yuma to 44 alaskan stations Anchorage 19 Al Fairbanks 2 -10 Junt-au---------.20 0 ship arrivals departures vessels a riving toda1 berth. It do at Cabral Rant Everglades awoshlm.1. J u3-30_ Kobe .1 m. Bun Urr tar trim Flower nor lb-3 Lombok out 173 u p. St Clair tar 351 Pouro by 188 240-a or Bond re equip Rit Stock Stefl Gurdul Antl incr Plov 16.48 16.0s 15.34 16.55 Nat Sec ser Zalun Bond div prof St Stock growth 10.42 11.38 10.37 St. Manila by Syosset tar 150 3.84 Telamon Ira Kelson Morris dlr Okawa Maru Koucho Mam Jap Lions Gate sad --------_., Marine new Victory 3caan Eva resident Mck Llev a Clute Northwest by Powell Elver nor president Talt Al chord a Larru Ulka Sloan Jer nor Yokohama. San Francisco Yokohama san -------zj74 Jon. 26 l Han Lebo is. Jan. 28 Jojan. -9 Honolulu a no Brool Teljii -------230-Bjaa. Guam Ala Jan. san Francisco Samoa Dan Sana Lon Dan Tacoma. Star by Vesterby nor w. L. Mccormick an. 2s .lb-.v. Jan 26 1s1 Jan. 29 no. Jan 26 .xb-34 Jan. 28 llb-3 Jon. 29 -2 Jan. 27 33 Jan. 27 i Cormick a Seaman Jan. .8 san Franciaco san. Francisco san Buenaventura san St. Ban Francisco ban san Francisco san Juan Bay

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