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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 01, 1955
Page
7
Vice President Richard M. Nixon, nearing the end of a Caribbean tour, told reporters in San Juan he hopes President Eisenhower will seek re election. He added he hopes circumstances will allow a second term and that a decision will be made soon as the party moves to the Dominican Republic.
Stephen Potter explains that owning common stock means owning a part of a company and sharing in growth and dividends. Shareholders can vote at meetings for directors, and listed companies provide annual financial reports. The piece notes dividend histories and urges consulting a local Exchange member firm for guidance.
Free booklet explains what stocks are how cash dividends typical stocks pay how to buy stocks and details the new Monthly Investment Plan. For a free copy contact your local Member Firm or write to New York Stock Exchange Dept. 1-G P.O. Box 252 New York 5 New York.
James Merkouris testifies I’ve never killed anybody and says he left Los Angeles 12 days before the September 20 murders of his ex wife Despine Forbes and her husband Robert Forbes. Prosecutors tie him to the shop shooting after sightings near the crime scene.
In Maryville Tennessee a mother, her three children, and her husband faced murder charges after the woman claimed they beat and choked him to death when he threatened to drive the car off a steep embankment. The suspects said they acted in self defense as the car neared a confrontation in the Great Smoky Mountains. A separate dispatch from Brazil reports tremors in Espirito Santo with no casualties, and a Victoria steel plant roof damaged by a quake. Pasadena CALTech noted a 6.5 magnitude quake in Long Beach’s vicinity.
Mrs. Mabel Malotte was convicted of prostitution conspiracy and contributing to delinquency of a minor by a San Francisco jury after four hours deliberation. The conspiracy charge is a felony with a possible one to three years in prison. the delinquency charge carries up to one year. Prosecutors said she ran a high priced call girl establishment aided by police. Witnesses included Inspector John O Haire and his wife, a former client she arrested and whom he later married. Defense urged mercy, noting the defendant is 38 and has cancer.
A notice promotes a free 64 page booklet titled Beware of These Days offering analysis of world prophecies for 1955. It claims four prophecies could come true now and promises power, success, and happiness through methods learned in the Far East. Send name and address to the Institute of Mental Physics in Los Angeles for a limited free supply.
Lazarus, once a New York press agent, died in Los Angeles after a three month illness. He was 56, and had worked on night operas radio movies and television material during his 20 years in the city.
A noted minister outlines three ways God answers prayers in the March Readers Digest. The issue promotes 38 condensed articles and selections from magazines and current books, offering readings on faith and everyday life.
Two California lawmakers propose a moratorium on major water bills and urge Gov Knight to call a special session, likely in fall, focused on water. They oppose delaying action on Feather River funding and basic water rights disputes as the 100 day session continues.
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