Weekly business and industry roundup notes leaner inflation fears
The Korea boom edges toward peace-time tempo with mixed signals. Steel output rises slightly after Labor Day and a Bethlehem Steel strike. Texas crude cuts follow oversupply. jet engine procurement trims by the Air Force. Defense contracts surge with General Motors and Reo receiving large awards, while Chrysler sees a potential tank retriever deal. Wall Street shows erratic trading as inflation talk resurfaces.
MENTIONED IN THIS ARTICLE
Korea
Bethlehem Steel
Wall St
Air Force
Republic Steel
Truscon Steel
Texas
Defense
Navy
General Motors
Reo
Chrysler
Wall
G. Hangen
First Congregational
Atlantic
Bank of England
Eisenhower
Robert W. Magin
U. S
Shaw
Sen. Bridges
R.N. H
New England Council
New York
F. W. Dodge Corp
New England
Ministers Say in Long Beach Pulpits
Calvin Baptist preacher Rev William Cole of Calvary Baptist Church Whittier will supply University Baptist Church Lakewood for 10 50 a m and 2 30 p m services He studied at Westmont College and Baptist Seminary and has pastored Perris First Baptist He comes through the Southern California American Baptist Convention University Church lacks a pastor after Rev Gene Fussell died A Lakewood Lutheran dedication with flag by church group Rev Louis Mertz conducts service Rev Ralph Boyette of First Bible Baptist preaches on What Kind of Love Does the 20th Century Christian Have for Christ at 11 30 Then Modern Day Protestantism at 7 30 pm Sun day designated Raily Day in Sunday School.
MENTIONED IN THIS ARTICLE
Wiliam Cole
Calvary Baptist Church
Whittier
University Baptist Church
Chatwin Ave
Wardlow Rd
Lakewood
University Church
Southern California
American Baptist Convention
Westmont College
Santa Barbara
Baptist Theological Seminary
Covina
First Baptist Church
Perris
Calgary Church
Gene Fussell
Lakewood United Lutheran Church
San Angeline Ave
Louis Frederick Mertz
Ralph M. Boyette
First Bible Baptist Church
National Fellowship
Wichita
Kan
Ihon
Erich V. Qelschlaeger
First Lutheran Church
Fred Ohlendorf
Everett Sebold
Oelschlaeger
Second Presbyterian Church
Big Bear
Ewing Stanton Hudson
Robert L. Hubbard
Bethany Baptist Church
Twen Solomon
Immanuel Aigustena Lutheran Church
Martin C. Olson
Richard Gordon Irving
North Long Beach Community
Frank Craig Woods
Seaside Baptist Church
Seaside Blvd
Ontario Ave
Baptist Youth Fellowship
Alfred Ito Storvick
St. Timothy Evangelical Lutheran Church
Storvick
Wilson E. McNeely
North Long Beach
Gideons
North Long Beach Christian Church
E. Market St
Carl Lawson Crain
Churches of Christ, Scientist
Long Beach
Church of Christ, Scientist
Boston
Massachucotts
Church OF Christ
Cadet Avenus
Seventh Street
Sandiy Ada
East Third Street
Market outlook mixed as optimism rises on fall sales
A week of stock analysis reports a shift from gloom to cautious optimism. New earnings and consumer spending projections point to a strong fall selling season, with rising personal income, wage gains, and high inventories supporting a rebound. Auto sales remain healthy, while bond markets could bolster stocks into early next year. technicals suggest a possible rally into October before tests of recent lows.
MENTIONED IN THIS ARTICLE
Ward
Desser
Europe
France
FRB
D-J
Town Hall Lecture on Flying Saucers Set
Dr. Gilbert N. Holloway returns from a national tour to speak at Town Hall tonight at 7 45 on Planetary Crises of 1952-65 Spiritual Guardians Flying Saucer Phenomena and next Tuesday on Victory Over Fear and Negative Thinking He will speak each Tuesday and Saturday evenings through Oct 21 Holloway invites friends to attend
MENTIONED IN THIS ARTICLE
Gilbert N. Holloway
United States
Town Hall
Halley
Sunday Church Services and Parsonage Dedication
Sunday events at Calvary Baptist Fellowship and University American Lutheran Church feature soloists Mrs Russell Larsen and Mrs Breitler and sermons titled Christ Liveth in Me and I Believe in the Resurrection led by Rev Donald G Schenker. Dedication of the new parsonage is planned for Oct 11. Fellowship Baptist offers Bombs Over America and The Work of the Holy Spirit Today.
MENTIONED IN THIS ARTICLE
Donald G. Schnenker
University
American Lutheran Church
Clark Ave
Bishop's Prospectors Launch New Activity
The Southern California-Arizona Conference begins a Bishop's Prospectors drive with a noon Knott's Berry Farm dinner in Buena Park. More than 150 laymen from the Long Beach area joined ministers to plan emergency backing for Bishop Kennedy in buying land for new churches as rapid growth hits the region. Verne Orr of Pasadena presided, with Roland Waxgwell and John Bates speaking. Belle Tones sang. A revolving loan fund now totals $100 investments, helped by a $500 memorial gift for Rev. George Steed. Ten sites are preapproved for future purchase in Los Altos, La Mirada, Johnson Ranchos, and other locations.
MENTIONED IN THIS ARTICLE
California-Arizona
Knott's
Berry Farm
Buena Park
Long Beach Area
Kennedy
California
Arizona
Verne Orr
Pasadena
Roland
George Steed
Los Altos
Cong Beach State College
la Mirada
Whittier
Johnson Ranchos
Inglewood
Granada Hills
West Cova
Tucson
Ariz
Christian Science Radio Program Premieres Worldwide
A new series of weekly 19 minute radio programs illustrating the power of prayer in daily life will be released today by the Christian Science Church. The program How Christian Science Heals will be heard on 660 stations globally, produced by the Mather Church in Boston. Frederick Jargel, former Metropolitan Opera tenor, will perform with Ruth Barrette Phelps, organist for the Mather Church, as commentator Harry Browne, former president of the Mother Church, opens the series.
MENTIONED IN THIS ARTICLE
The
Christian Science Church
Charles L. Reilly
Committee On Publications
Southern California
Mather Church
Boston
Mass
Frederick Jargel
Metropolitan Opera
Ruth Barrett Phelps
Mother Church
Harry Cj Browne
Rosicrucians Mark Building of Pyramid
Arthur Plank of Long Beach AMORC Abdiel lodge announced a world wide Rosicrucian ceremony to commemorate the Great Pyramid of Cheops. Members will gather Sunday at 4 30 PM at 2455 Atlantic Ave to symbolically reenact pyramid construction with a miniature version to be completed later. The outdoor fete invites public participation and marks the equinox observance.
MENTIONED IN THIS ARTICLE
Cheops
Arthur Plank
Long Beach
Amorc Abdiel Lodge
AMORC
Atlantic Ave
St Luke's Church School Opens This Fall at 9:30 a.m.
Rev Johnji Rogers Davis announces the opening of St Luke's Church School this fall with Mrs Melvin Freed as superintendent and Mrs John Martin heading the nursery. Mrs Ernest Willaston and Miss Joyce Sherms supervise the primary division, Miss Flossie Juergens leads grades four to six, Rev Davis directs junior and senior high groups, and Herbert J Fenn resumes the adults class in the guild room. Family Worship precedes each session with a Family Eucharist on the third Sunday of the month.
MENTIONED IN THIS ARTICLE
St. Luke's Church
Johnji Rogers Davis
Melvin Freed
John Martin
Ernest Willaston
Joyce Sherms
Flossie Juergens
Rev. Davis
Herbert J. Fenn
Lutherans Plan Rally Sunday at Holy Trinity Church
American Lutheran Church of the Holy Trinity at Carson St and Cherry Ave will observe Rally Sunday with new members received by profession of faith and baptism at 10 45 am worship. Pastor Dr Oscar Charles Mees will preach at 8 30 am and the late service titled Lets Folly a Warning.
MENTIONED IN THIS ARTICLE
Relly
American Lutheran Church of the Holy Trinity
Carson St
Cherry Ave
Oscar Charles Mees
Jor
Leehman Vaughan
James Gander
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Walter Breede JR
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BE. F. Hutton & Co
By H. DE LA Chappelle
Paine, Webber, Jackson & Curtis
John Rogers Davis
St Luke’s Episcopal Church
Willliam Herison Myers
First Methodist Church
Hastings
Donald Boyer
Loist
Hagemen
Harold F. Humbert
Jesus
Lakewood- Bellflower
Bixby Hnolls Christian Church
George Otis Marsh
Peter Kloehn
Handel
Delia Sherer
St. John’s Lutheran Church
67Th St
Orange Ave
Vernon William Hillmer
Beverly
Allen Anfferson
Norton St
Walther League
Elmer Kleppe
Christian Growth
Oliver P. Bell
Riverside
First United Presbyterian Church
Robert
Bob) Richards
First Church of the Brethren
Magnolia Ave
Shelley
Richards
James LeRoy Shields
Westside Church of Christ
I Corinthians
John W. Hanna
East Side
Myron
Inske
LCDR
USN
Uss
Los Angeles
Naval Station
Ward D. McCabe
James Henry Hughes
Heights Community
KFWE
Third Church of Christ, Scientist
Third St
Orizaba Ave
Henry Allen Nichols
Milton G. Gabrielson
Bay Shore Community Congregational Church
Self-Realization Fellowship Center
Ocean Blvd
William Brown
Albert J. Kempin
Community Church of God
Pine Ave
Kempin
Stuart Hamiblen
Etta E. Bradley
Anita Crane
Charles W. Mayes
First Brethren Church
Fifth St
First Presbyterian Church
Reuben Field Pieters
Jack Alvin Kent
Unitarian Church
Arnold Toyntee
Lambert Hall
Arnold Breltler
Phil Kerr
Tom Norcross
Ben Brown
Russell Larsen
Breitler
Fellowship Baptist
Plymouth St
E. Harlan Fischer
America
Chuck Strickland
Sharon Gallup
R. I. Baker
Lemon Ave
Ernest Beam
Bishop's Prospectors
A. MI
St. John’s Presbyterian Church
23Rd
Mimanc. Ave
Ben Thomson Cowles
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Reuben F. Pisters
Calvary Presbyterian Church
Third and
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Robert B. Shattuck
Burning Heart
Christ
Mains Ave
North Long
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Richard Gyling Emmanuel
Sisth St
E. Baird
Circle Drive-In Theatre
Traffic Circle
Joseph Justin
St. Luke’s Church School
God
Idle Institute of Los Angeles
First Church OF the Nazarene
Loth and
Olive Carleton G. Ponsford
Fastor
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Arbor Road
Charrmagne Avenue
Bonicipal Aditorum
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First Church of Christ, Scientt
Elm Ave
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Dalivarad
Fourth Church OF Christ
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TA. M
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New American Legion Hall
Woodruff and
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A. K
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Atlantic Avenue
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