Upturn Seen in Construction Steel and Textiles Boom
Walter Breede Jr. reports week shows higher activity in construction steel and textiles with wall street at 25 year highs. auto production slows as firms shift to 1955 models while textile employment rises and inventories hit lows. government data hint at a possible modest pickup amid seasonal factors and ongoing construction boom.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Pittsburgh
Lackawanna
N. C
Ford
Chrysler
Pontiac
Chevrolet
Ward
CIO Textile Workers of America
Edward Goldberger
M. Lowenstein Sons
New York Central Mall
East Buffalo
N. Y
Unusi
Pittsburgh Steel Co
Bethlehem Steel Corp
Buffalo
Commerce and Labor Departments
Washington
Eisenhower
White House
Lucius Clay
National City Bank of New York
Trend of Security Prices for Past Week Analyzed
In a letter last week the authors urged building cash reserves ahead of the election to exploit potential market setbacks. They note a good week with industrials hitting a new high by a narrow margin and advise modest liquidation to prepare for a possible correction. They remain bullish long term and stress careful, not wholesale, selling to build liquidity.
MENTIONED IN THIS ARTICLE
Eisenhower
Park Department Starts Tree Planting in Four Parks
Park department employee started plantings at Ramona Park and four city parks will receive shade trees soon. Initial plantings will focus on perimeters with trees including carob evergreen elm pine and Brazilian pepper at Cherry Park Los Altos Manor Stearns Street near Hellstower Boulevard and Veterans Memorial Park.
MENTIONED IN THIS ARTICLE
Park Department
Donald D. Obert
Ramona Park
65Th St
Obispo Ave
Cherry Park
45Th St
Cherry Ave
Los Altos Manor
Stearns St
Hellstower Blvd
Veterans Memorial Park
28Th St
Pacific Ave
Boy Admits Slayings but Pleads Innocent
In Springfield Mass a 11 year old boy named Kenneth R Chapin pleaded not guilty to two murder charges in the stabbing deaths of 14 year old Lynn Ann Smith and 4 year old Stephen Ross Goldberg. The arraignment showed the youth admitting in a signed statement to the slayings, while denying the charges in court. The judge ordered him held without bail for a hearing on October 19 as his father Theodore Chapin watched in silence.
MENTIONED IN THIS ARTICLE
Springfield
Mass
VFI
Tall
Kenneth R. Chapin
James Lovett
John M. Noonan
Chapin
Theodore F. Chapin
Springfield Armory Electrician
Stephen Ross Goldberg
Lynn Ann Smith
Raymond P. Gallagher
Stephen A. Moynehen
Lynn Ann
Golsberg
Vietminh Occupies Hanoi as French Exit Ends Era
Historic Hanoi transfer closes 71 years of French rule. Vietminh forces enter city after Geneva armistice terms, taking Bac Mai airfield by afternoon while French colonia guards depart quietly amid rain. France bids farewell to its prized colonial capital as Vietminh flag rises over the city.
MENTIONED IN THIS ARTICLE
Hanoi
Indochina
Pos
Bac Mai
Viet Nam
France
Stade Magin
Henri Riviere
Riviere
Ens
Francis Garnier
Garnier
Hara
Black Pavilion Society
Hich
Nes
Rene Faure
Chapin
Anid
Gallagher
Lynn
Plane Falls and Burns Four Killed in Marine Base Crash
Four civilians die when a private plane crashes and burns on Twentynine Palms Marine Corps base. Capt Britten says the craft burned for 45 minutes before impact. Identified victims include Larry Burkett Wolfe of Rancho Mirage pilot, Clifford Tanner and Marshel Forbes of Twentynine Palms as electricians, with a fourth victim unidenfied. One victim's watch stopped at 3 50 am, indicating crash time.
MENTIONED IN THIS ARTICLE
Twentynine Palms
Marine Corps
Darrell C. Britten
Larry Burkett Wolfe
Rancho ‘Mirage
Palm Springs
Clifford Co. Tanner
Marshel Arnold Forbes
Tanner
Forbes
Wolfe
Book Sellers Held on Pill Lewd Counts
Three Los Angeles bookstore operators were arrested on narcotic charges for selling benzedrine pills to high school students and for possessing lewd pictures. Jonathan Angelus, Seymour Goldstein, and Jerome Crowley were detained. Goldstein had 180 benzedrine pills when nabbed. Deputies say the 3085 West Pico Boulevard shop acted as a front.
MENTIONED IN THIS ARTICLE
Los Angeles
CNE
Todey
W. Pleo Blvd
Jonathan Angelus
Seymour Goldstein
Highland Park
Goldstein
Jerome L. Crowley
Bathroom Invasion Leads to Arrest of Jones in 41
Police report Det Insp William F Stovall arrested Jones 41 of 147 W in a bathroom intrusion. He allegedly made Jones smile from a concealed pocket before rising. Jones faces grand theft and two counts of assault by force per a complaint by Deputy District Attorney Ted C Sten.
MENTIONED IN THIS ARTICLE
Harry Ba Mar Jones
Jones
Esther
Wiliam F. Stovall
Dep. Dist. Atty
Ted. c
Sten. U J
Navy ships arrive in Long Beach Harbor crowd cheers
A crowd of about 30 people cheered at 11 a.m. as five Navy attack transports docked at Berth A-3 in Long Beach Harbor returning from nine months in Indo China duty. The ships Menard Bayfield Mountrail Algol I and Montague tied up for rearming and resupply.
MENTIONED IN THIS ARTICLE
A-3
Long Beach Harbor
Ike Plea Desperate, Morse Says in Denver Rally
Wayne Morse of Oregon declares Ike’s plea for a Republican Congress was desperate and predicts a wave of partisan politics if Democrats win control. He cites the Denver speech and warns a change in Congress would not be a problem unless the president declares that war.
MENTIONED IN THIS ARTICLE
Sacramento
Ieee
Wayne Morris
Ind-Ore
Eisenhower
Denver
Jorse
New City Pay Raise Plan Stalled Again
City Councilman Toby Wick failed to push a merit based pay raise plan in finance and salary committee. The committee deadlocked over eliminating automatic merit raises and a city manager report blamed civil service protections for limiting merit step increases. Wick argued two different standards exist for men and women caretakers and urged salary schedule clarity.
MENTIONED IN THIS ARTICLE
Toby Wick
Wick
John ¥. Baker
Ruth H. Bach
Sam &. Vicker
Dudley N. Lapham
Long Beach
Lapham
Baker
Civil Service
Meteorite Fall Reported Near Kratinka Village
Moscow radio reported a meteorite weighing about 12 pounds fell last month near Kratinka in Omsky Province western Siberia. It was the second meteorite reported in Russia this year.
MENTIONED IN THIS ARTICLE
London
Upi
Moscow Radio
Kratinka
Omsky Province
Siberia
Russia
Also Mentioned on This Page
Walter Breede JR
Paul WH. Macgregor
Halton & Co
DI Industrials
DE LA Crapelle Wiliarne, Webber, Jackson & Curtis
Kenneth Chapin
Lynn Smith
Steven Goldberg
Hishome
Boy
Vietminh
Boy Scout
U. 8. Coast and Geode de Survey
Southern California
Eations
Beech
Bela
AL Alport Centro
San Bernardino
Angeles
Farker Et
Wilson
San Diego
Beaumont
Avalon ST
San Pedro
Nana BS
Newport
Santa Ann Blythe
Palmiaie Beas
Santa Barbe
Burbhal
Paso Robles
Santa Monica
Gam
Riverside
Culver City
Pasadena
iPerrance
Sandberg
Kl. Gr
Junction
Ty Pre
Abilene
Elena
Mer
Red Biurers
Albuquerque
Honolulu
City
de Amasie
Houaton
Ren Bed Suie
Fonwell Cal Bakersti
Trollenapol Tacksonville
Boise Eilsmarrit
Kansas
Itar EL Louis
Boston
San Antonio
Minneans
Dé Tucson
Ogg Gat Ichra Vance
VeKusl— Kerth
Fromi
Sul
For
Silverbeam N
Partland Qia Pap
San Fran
Sotin” Goode
Richmond
Seatiio von Lickel Ig
Lynckenbach
Brooklyn
Mormacrey
Callac Moore McCormack
San Pana
Razaliom
York
Lobarnno Rukyelar
Pan
Vancouver Teiton
S.C
Rainlet Meson Lyles
Isabela Yuae Lines
New Orleans
MTEE
Portland
Bickershaft
Seattle
Havana American Es
Goltito Ato Cerro Ust
Armuelles Ualted Frit
Suva Br
Renee
Dalerdine
Phil
York Feroplant
Yokoname Marine Leonard
Alion
San Francisco
Mary
Olson Ohare
Reedsport
Caleny Aighier
Anareeeeens
Setu Eraneiaea Paenomarenti
Eraneisco
San Trreibed
Star Mora
Santa Paws
San Lula
Florence’ Cole
Community Playhouse
5021
Anaheim It
Ike
Ien
Morse
Millers Falls
Ong
Millers Falls Tools
Policher
Cts
Crean
Bevel
Dedo
Sparks Bros
E. Anaheim
Ifhone
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