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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 13, 1954
Page
23
The Bank of England reduced loan rates to 3 percent, the second cut in eight months, aimed at boosting borrowing, business expansion, and cheaper goods at home and abroad as manufacturers refinance and invest.
In New York a network spokesman said live coverage of the Army McCarthy hearings would include commercials. Mundt, temporary chairman of the Senate committee, said sponsorship rules are being relaxed. Temple Israel Reform holds a Family Night Service Friday at 8 p.m. with Rabbi Elliot Grafman delivering a Sermonette.
Automotive News reports General Motors Ford and Chrysler will make about 98.2 percent of 120 940 cars planned this week. The trio usually accounts for around 96 percent year to date as several small firms reduce output. Oldsmobile moves to fourth in production, Plymouth drops to tenth behind Chevrolet Ford Buick and Oldsmobile.
An excerpt from a classifieds section notes that prospects are reached through advertisements to sell or rent buy or swap with a contact phone number 6071.
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