Big Steel price hike echoes through US industry
New York reports a large steel price increase by U S Steel Corp influencing consumer goods makers. Firms face choices to absorb or pass on costs as auto, appliance, farm machinery and home products markets adjust. Retail sales rise modestly while apparel weakens and construction remains robust.
MENTIONED IN THIS ARTICLE
New York
Clifford Hood
U. S. Steel Corp
Big Steel
CIO Steelworkers’ Union
Jess
Assn
Strakeship Steel
Pearl Harbor
Atlanta, Ga
Fedoral Reserve
Kansas City
Chicago
Home Furnishings Mart
Federal Reserve
Trend of Security Prices Past Week Analyzed
Paul H MacGregor analyzes stock market implications after the Fed lowers reserve requirements. He notes excess reserves rising to about 2 billion, potential inflationary pressure, and argues consumer spending may reach a new record while inventories influence prices. He predicts continued market strength with possible mid-year volatility and a long upper phase into August ahead of November elections.
MENTIONED IN THIS ARTICLE
Paul H. Macgregor
Kf. Mutton & CA
Federal Reserve Board
Kct
Senate
H. DE LA Chapelle
Miot
Prebber, Jackaoy & Curtis
General Motors
Educator St Succumbs in Stillwater Oklahoma
Dr W L Blizzard aged 66 retired dean of agriculture at Oklahoma AGM College dies after a long illness in Stillwater Oklahoma.
MENTIONED IN THIS ARTICLE
Stillwaleh
Okla
Wer
W. L.blizzard
Oklahoma ‘Agm College
Catholic Women to Attend July 4 Independence Mass in LA
Catholic Daughters of America Court St Ann officers and senior regent Mrs Wayne Morgar will join in the Independence Day mass on Monday at 10 am in St Vibian's Cathedral Los Angeles. Archbishop James Francis Cardinal McIntyre will preside with Msgr James Dolan and Msgr Edward Wade preaching. The mass is sponsored for peace with guards by Cabrillo General Assembly Fourth Degree Knights of Columbus and sung by the San Gabriel Mission Choir directed by Rev Michael Montoya.
MENTIONED IN THIS ARTICLE
Court
James
Francis Cardinal
McIntyre
Avill
Catholic
Regents’ Club
Cabrillo-General Assembly
Knights of Columbus
San. Gabriel
Mission Choir
Michael
Montoya
CME
San Gabriel Misson
Caravan Week Fetes Methodists At East Long Beach
Visiting Methodists Caravan begins at East Long Beach Methodist Church tonight. MYF counselor Dorothy Bailey says caravans include two young men, two young women and an adult, staying one week at each church for seven weeks. Joyce Taver notes the week opens with a potluck at 6 30 for adults and leaders. activities run for youth 12 to 28. Further information from Mrs Batley in the church office.
MENTIONED IN THIS ARTICLE
Methodist Youth Fellowship
Methodist
East Long Beach
MYF
Iocal
Ease
Long Beach
Joyce Taver
Wits
Batley
New Leader of Seminary in City Soon
Kenneth Stewart becomes president of Pacific Bible Seminary at 4933 E Anaheim St Long Beach, succeeding the late James G Hurst. His family will be on campus in early August. Richard Mills and Harvey Beard will serve as dean and vice president. A large faculty of ministers from nearby churches will work part time next year. The board of trustees gains Hugh Morgan Robert Stockburger Lowell Megorden Lowell Appleby Reuben J Anderson and others.
MENTIONED IN THIS ARTICLE
Kenneth Stewart
Pacific Bible Seminary
Anaheim St. Wall
Long Beach
James G. Hurst
Richard Mills
Harvey Beard
Schoo
Hugh Morgan
Robert Stockburger
Lowell Megorden
Lowell Appleby
Reuben J. Anderson
Mr. Anderson
First Christian Church
Loran Hancoth
EE. Tinches
Henry F. Miles
E.M. Sledges
First Church
July 4 Proclaimed Freedom Under God Prayer Day
Governors and city leaders issue proclamations designating Independence Day as a Freedom Under God observance. Spiritual Mobilization sponsors the yearly event in Los Angeles and White Plains. James C. Ingebretsen of Spiritual Mobilization says the freedom proclaimed comes from the Creator and should guide actions with reverent thought and prayer.
MENTIONED IN THIS ARTICLE
Goodwin J. Knight
Spiritual Mobilization
Los Angeles
White Plains
N.Y
James C. Ingebretsen
Lakewood Minister Returns From Synod
The Rev. Frank DeJony of Lakewood Christian Reformed Church returned from Grand Rapids Michigan where he attended the Synod of the Christian Reformed Church as one of four California delegates. He assisted in examining 39 young men candidates for the Christian Reformed ministry. Miss Carol DeJong, his daughter, joined summer classes at Calvin College during the synod period.
MENTIONED IN THIS ARTICLE
Frank DeJony
Lakewood Christian Reformed Church
Grand Rapids
Mich
Synod of the
Christian Reformed Church
California
DeJong
Jin
Christian Reformed
Carol DeJong
Calvin College
Brother of Pastor to Speak on Sunday at Mount Olivet
Wheev. inecoore Ac Young quist, brother of Pastor James A. Youngquist of Mount Olivet United Lutheran Church, 17905 S. Bellflower Blvd, will be guest preacher for services at 8:30 and 11 a.m. Sunday. He will preach on “Be Ye Strengthened.” He is associate pastor of Holy Trinity Lutheran Church, Akron, Ohio, which sponsors Mt. Olivet. He organized St. Paul’s Church, Sacramento, before Akron assignment.
MENTIONED IN THIS ARTICLE
Wheev
Inecoore Ac Youngquist
James A. Youngquist
Mount Olivet United
Lutheran’ Church
S. Bellflower Blvd
Holy Trinity Lutheran Church
Akron
Ohio
Mt. Olivet Church
St. Paul's ‘Church
Sacramento
Bible School Planned at First Methodist Church
Bible school will be held at First Methodist Church beginning Tuesday at 3 p.m. under the direction of Mrs Eva Sherp. Classes are formed for children in kindergarten primary junior and junior high ages. There is no charge.
MENTIONED IN THIS ARTICLE
First Methodist Church
Eva‘Sherp
Baptists Dedicate New Chapel Sunday
Truett Memorial Church plans a Sunday dedication for its new 45000 square foot chapel social hall unit valued at 150000, seating 500, with Dr. Charles L McClain delivering the dedicatory sermon. The church, formerly meeting at Alamitos Avenue, has grown under McClain’s leadership. future additions include a sanctuary and Bible school unit.
MENTIONED IN THIS ARTICLE
Tnuctt
Memorial Southern Baptist Church
San Anselme Ave
Charles L. M McClain
McClain
Truett Memorial
Alamitos Ave
Boreham Elementary School
Dublin Galvean
A. V. Goodrich
Edward Norlvell
Harbor Baptist Church Names New Pastor Venosdel
Harbor Southern Baptist Church at 21156 Santa Fe Ave Dominguez has called Rev. Daniel F. Venosdel to be pastor. A Colorado native, he graduated from Baylor University and Southwestern Baptist Theological Seminary and has served in the Baptist ministry since 1946. The church, previously pastorless, invites attendance at services as it welcomes the regular pastor.
MENTIONED IN THIS ARTICLE
Harbor
Dominguez
Lgren
Churcah
Reverend Kempin Returns From International Convention
The Rev. Albert J. Kempin pastor of Ping Avenue Church of God returned from Anderson Indiana after attending the international convention of the Churches of God. He joined the executive council of the denomination and was named one of nine associate editors of the Gospel Trumpet official magazine.
MENTIONED IN THIS ARTICLE
Albert J. Kempin
Ping Avenue
Gospel Trumpet
The
Church, of God
Presbyterian School to Feature Crafts at Vacation Bible School
First United Presbyterian Church on Sth St and Atlantic Ava hosts daily vacation Bible school starting Tuesday. Activities include puppets, take-home handicrafts, and individual flannel boards for children aged 4 to 14. An undenominational mission project seeks funds to buy a station wagon to serve as traveling chapel with library and medical facilities for migrants.
MENTIONED IN THIS ARTICLE
First United Presbyterian Church
Sth St
Atlantic Ava
Student Vicar to Lead First Lutheran Church Service
Perry Rathke of Storm Lake Iowa, student at Concordia Theological Seminary St. Louis Missouri, is taking the duties of vicar at First Lutheran Church Mise sauri Synod beginning with Sunday's services. Pastor Erich V Rathke will assist in a union service Sunday. Pastor Odlschlaeger will preach on the theme Lets Keep America Strong at both the 9:45 and 11 a.m. services.
MENTIONED IN THIS ARTICLE
Perry Rathke
Storm Lake
Lowa
Concordia Theological Seminary
St. Louis
First Lutheran Church
Misesauri Synod
Erich V. Rathke
Odlschlaeger Willy
Vamerica
Our Savior's Vacation Bible Class Announced
Our Savior's Lutheran Church at 370 Junipere Ave will host Vacation Bible School starting Tuesday morning and running through July 22. Pastor Virgil F. Bjerke says advance registration has passed the 1953 enrollment. All children from five to 28 are welcome.
MENTIONED IN THIS ARTICLE
Our Savior's Lutheran Church
Junipere Ave
A. m
Virgil F. Bjerke
Dorsey Stage Show Sets TV Return Tonight
The Dorsey brothers replace Jackie Gleason on KNXT at 8 pm with Stage Show featuring guest stars and the Dorsey band. Also listed are Two for the Money with Walter O Keefe, plus various TV and film programs across KTTV KTLA KABC KNX KNXT and other stations.
MENTIONED IN THIS ARTICLE
Dorseys
Tommy
Jimmy
TV Tonight
Jackie Gleason
KNXT
The
Four
Jintao
Quota Filled by CYO for Day Camps
Catholic Youth Organization reports summer day camps in Los Angeles archdiocese are fully staffed with 23 staff workers 31 seniors 35 junior counselors and 11 program specialists. Camps run July 12 to August 6 at Silverado Park Long Beach Banning Park Wilmington Griffith Exposition Park and other sites for children ages 7 to 13.
MENTIONED IN THIS ARTICLE
Guido Pinamenti
CYO
Los Angeles
Silverado Park
Long Beach
Banning Park
Wilmington
Griffith “Exposition Park
Barving
West Thos Angeles
Pinamonti
CYO Dey
Brooklyn Ave
Understanding of God Held Nations Need
Spiritual understanding and love of God will meet the great need of all nations, says the Sunday lesson sermon on God in all Christian Science churches. Revelations golden text proclaims all nations shall come and worship before thee. Mary Baker Eddy cites Science and Health asserting God is within man’s consciousness and realized in proportion to understanding.
MENTIONED IN THIS ARTICLE
Mary Baker Eddy
Jirgac
July Fourth Message by Denver Clergyman on Righteousness Exalteth Nation
The Rev Henry Hart will be guest speaker on the Lutheran Hour radio program speaking on Righteousness Exalt at a Nation. He will urge leaders and rulers to recognize that righteousness exalteth a nation, while warning against reproach to any people.
MENTIONED IN THIS ARTICLE
Henry Harther
Denver
Cale
Ford Sees Russ Cars in Copenhagen Visit
Henry Ford touring European operations in Copenhagen evaluated Soviet automobiles at a factory visit and found them not very impressive. He spoke during a European business trip about the Russian cars as he observed production.
MENTIONED IN THIS ARTICLE
Ford
Copenhagen
Denmark
Henry Ford
Truman’s Condition Improves After Gall Bladder Surgery
Former President Harry S. Truman, age 70, shows improved condition after an operation on June 20 to remove his gall bladder and appendix. Research Hospital administrator Robert E. Adams reports his best day yet, with better appetite and partial semisitting in bed, following a week of intestinal inflammation.
MENTIONED IN THIS ARTICLE
Truman
Kansas City
Harry S. Truman
Robert E. Adams
Research Hospital
Adams
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