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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 11, 1954
Page
2
The Industrials touched 347.42 while nearing the 350.58 high of Aug 20, signaling a recovery from Aug 31 lows. The market faced profit taking with a small gain, suggesting possible two to three tries before new highs, with expectations of higher dividends and continued earnings growth amid cautious optimism.
The text proclaims no end to an era of prosperity with full realization of possibilities easing investors. It notes market corrections may occur, sometimes up to ten percent, but asserts the trend will rise for an extended period, according to the author.
Walter Breder reports Dun and Bradstreet data show retail sales 3 to 9 percent above the prior week despite Labor Day closures. Department store sales run 6 to 10 percent ahead of last year with New York City area up about 31 percent.
Swiss authorities trace Melinda Maclean and her three children to the Swiss Austrian border during a 1953 disappearance linked to Britsh diplomat Donald Maclean. A year later, police say they halted searches for Mrs Maclean while focusing on possible aides amid suspected Cold War entanglements.
Obituary notices for William Henry Pawson 76 of Riverside Long Beach area. Joseph William Durnell 65 owner of Durnell Electric Lawn Fagers. Nettie L. Souders 75 Long Beach area. Linzy Harper 56 Bellflower. Maudine Patrick Keet 62 Puente. Albert Soublet 35 New Orleans native and local resident. Details include survivors, motions, and funeral arrangements across several local mortuaries and cemeteries.
Pastor Mayes D. Mayes returns to sermon duties at First Brethren Church 1925 E 5th St after five weeks at the National Fellowship of Brethren Churches annual convention and Foreign Missionary Board sessions in Winona Lake Indiana. His son Howard Meyes heads to Boo Jones University in Greenville.
Tremors rocked Orleansville Algeria 49 hours after a 12 second quake that wrecked the city. The death toll rose past 800 with around 1000 injured as shops reopened and life tentatively resumed amid continued damage and hazards.
Registration for the new church school year will be held Sunday at 9 30 a m in St Luke's Episcopal Church. Melvin Freed, superintendent, plans fall and winter activities. Rev Keith Druley will direct teen classes and John Hanna will lead a new choir members class. Nursery and Primary departments are supervised by Mrs John Martin and Myra Wickstrom with Mrs Lee Dutbin as church school secretary.
Miss Marlene Maurer a Long Beach graduate returned from a ten week summer posting at the Methodists Indian Mission in Yuma where she served under the Women's Division of Christian Service. She reports Quechan and Cocopah Indians are very poor, receive federal aid, and lack clothing blankets and school attire. Interested supporters may contact Miss Maurer for details on needs and contributions.
Grace Methodist Church plans a 5 pm Rally Day vesper service with an assembly of all church school departments and parish members for a consecration of Christian education. A back to school reception for students follows, hosted by the Women's Society for Christian Service, with officers in charge and a Collegiate Choir rehearsal afterward.
The Christ ambassadors of Long Beach Assembly of God Church will begin its fall program Sunday at 6 30 p m with the feature film The Bible on the Table. Dean Brown, new youth leader, will supervise the event in the newly decorated Youth Hall.
The Rev. Wiward A. Schurr will deliver a sermon at 11 a.m. Sunday at Atlantic Avenue Methodist Church outlining glimpses of the Second Assembly of the Ward Council of Churches held in Evanston, Illinois, and evaluating the ecumenical gathering of Protestant and Orthodox leaders.
Rally Month at Pine Avenue Church of God lists September events from September 5 Trial Run Sunday to Bring-One Sunday and Rally Day on September 26. Rev Dr Albert J. Kermpin notes Sunday School averaged 165 this summer and highlights a neat achievement goal.
The Federal Housing Administration moves to recover 2.4 million dollars in windfall profits from Linwood Park Inc and related firms over inflated FHA insured loans. A special stockholders meeting in Hackensack will oust current directors, with agency representatives to attend. The action targets profits distributed across multiple corporations connected to Linwood Park and seeks broader recovery of alleged 40 million dollars nationwide.
Herbert Shopro, a 42 year old Long Beach cabinetmaker, pleaded guilty in Superior Court to a statutory rape charge involving three 14 year old girls. He claimed the girls seduced him and contended he provided shelter and care, receiving a 30 day county jail sentence with probation. The girls, all runaways, stayed at his home April 19 and later were taken into juvenile authorities’ custody.
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