New York Business Activity Boosts Outlook for 1953
Week of strong demand across retail and industry. Defense orders totaled five and a half billion in July with consumer goods picking up after months of softness. TV sales rise to boom level as prices climb on autos, coal, and hardwoods amid stable to rising employment and credit expansion.
Trend in Stock Prices Past Week Analyzed
A market overview notes frightened shareholders have largely liquidated holdings and a gradual uptrend is expected. Defense spending, commerce data, and consumer credit levels are cited as influencing factors with a projected peak for the rally and a narrow near term trading range.
MENTIONED IN THIS ARTICLE
Paul H
Macgregor
F. Hullon & Compurey
Robert C. Turner
President's Council of Economic Advisers
Pentagon
Turner
Dowdonas Industrials
DE La'chapelle H
Pane
Webber Jackson’ & Gurtis Oy
Hetty Green Kin Left 94 Million Estate
The estate of Mrs. Hetty Sylvia Howland Green Wilks totaled 94,965,229 gross and 90,945,202 net, with the residue of 587,760,441 left to 63 charitable organizations. The Girl Scouts receive 30,000 under a will contest. Taxes included 222,154 in New York, 31,046,881 federally, and 25,674 Canadian.
MENTIONED IN THIS ARTICLE
Hetty
Sylvia Howland Green Wilks
Yiday
Wilks
Hetty Green
Girl Scouts
New York
Industrial Outlook for 1953 and Beyond
The survey notes production of consumer goods rising swiftly with television set output failing to keep pace with demand. Forecasts show 6,000,000 TV sets produced in 1953 versus 5,000,000 in 1952. Furniture industry improves while rayon shipments reach August records and inventories stay tight requiring new production. Farm income rises 3 percent through eight months, inflation risk remains. experts predict a rising business trend to mid-1953, then a high plateau, with the excess profits tax expiring next June 30 as a potential boost. Congress could extend the tax, but current view is doubt it will.
MENTIONED IN THIS ARTICLE
Department of Commerce
Defense
Commerce Department
Congress
Prejudice Denied in Court Case Against Duronslet and Matranga
Attorneys sought to disqualify Superior Judge Fred Miller from presiding over the trial of ex convicts Leonidas H. Duronslet and George S. Matranga charged with two felonies. Judge Ralph K. Pierson ruled no prejudice by Judge Miller. The case involves kidnapping Paramount Cleaners operator Prvile L. Harper for robbery and attempting to murder on July 5, with trial set for November.
MENTIONED IN THIS ARTICLE
Fred Miler
Leonidas H. Duronslet
George S. Matranga
Ralph K. Pierson
Miller
Millier
Attys
George Cantillon
James C. Webb
4Ridge Miller
Duronslet
Matranga
Prville L
Chicago live stock market closes mixed on hogs and cattle
Chicago buyers showed firm demand for live hogs with top hogs near 20.75 while dressed beef and veal traded unevenly. Cattle and calf sections eased, with feeders and heifers steady to lower amid lighter wholesale demand and altered weights.
MENTIONED IN THIS ARTICLE
Chicag
Chicago
EPI
Mags
Sacey
Cinta Tower
Cholea
Uva
Ughter
Amba
My Lowes Pres
Threu
Tno
Deeline
New York
Ie Burchers
Ted Tel
Rey
Cholee Sows
Meally
Veaiars
Higters
Abe
Jon Powe
Market price notes amid disrupted listing
Fragmented OCR style item references hay prices and market entries with unclear codes and amounts. readable bits include scattered figures such as 31.00, 752.00 and partial product-like terms. context is a damaged price sheet or ledger entry with no coherent narrative.
Man Beaten and Robbed After Pike Alley Detour to Hospital
Charles R. Kirkham, 38, of 6715 East Ocean Boulevard, is hospitalized after a bottle strike and choking by two assailants in a Pike alley detour to Seaside Hospital. A Navy sailor, Irwin Fallis, helped summon aid as Kirkham received concussion and neck injuries with $19 missing from his wallet. Suspects described as one short man in his 20s and another about 5 feet 10 inches tall in his 80s. Five Long Beach doctors were among 1100 Fellows named by the American College of Surgeons in New York City. Names include Mrs Wayne B Lansen, Philip Lefkin, Jack M Lynn, Philip Voight, Theodore VY Schepeler.
MENTIONED IN THIS ARTICLE
Seaside Hospital
Charles R. Kirkham
Ocean Blvd
Kirkham
Irwin W. Fallis
Sataan
Tial
Kirk
Long Beach
American College of Surgeons
New York City
Wayne B. Lansen
Philip Lefkin
Jack M. Lynn
Philip Voight
Theodore VY. Schepeler
Jefferson Medical College
Letkin
University of Chicago
Lime Ave
University of Texas
Lynn
California Ave
Voight
University of Pennsylvania
Claremont Avg
Schepeler
Daisy Ave
University of Buffalo
Oil Tools Theft Case Set for Arraignment in Long Beach
Osrar E. Shehorn, 56, longtime Long Beach civic leader, faces 14 counts of grand theft after a five day hearing. He is accused of looting Oil Tool Corp at 750 Cherry Ave, as general manager, of cash and equipment totaling 14,674.61 dollars. One count involving 250 dollars was dismissed on defense motion. He will be arraigned in Superior Court on Oct. 15.
MENTIONED IN THIS ARTICLE
Osrar E. Shehorn
Shehorn
Long Beach Civic Teader
Frank G. Charvat
Aukresee
Shehorm
Oil Tool Corp
Cherry Ave
Attorn News
Dane Williams
Ward Sullivan
Charyat
Nurse Sues for 21500 From Peters Estate
Mrs Wilma Mendels, a nurse for nine years, sues the estate of Otto G Peters 83 who died May 4 seeking 21500 in a will promise. Her suit filed in Superior Court asserts Peters promised payment if she cared for him but left estate to relatives. Attorneys Elizabeth Cochran and Hope I Case filed the action.
MENTIONED IN THIS ARTICLE
Wilma Mendels
Otto G. Peters
Shelter Nearly Self Sustaining City Division
City Auditor John F. Mansell states the animal shelter is close to self sufficiency. In 1951-52 the shelter earned 50161.20 revenue versus a 59381 budget and 36883.18 expenditures. The prior year revenue was 46940.90. 840.319 came from cog licenses and penalties and 9852.20 from impounding fees and miscellaneous income.
MENTIONED IN THIS ARTICLE
John F. Mansell
Lebanon Aims New Government Formation Amid Political Shakeup
President Chamoun asked Saadi Munsa to form a new government as Abdullah Yafi conceded defeat after clashes with Imamal Jumblatt. Jumblatt’s bloc led the constitutional movement that toppled Bechara El Khoury last week, signaling ongoing Lebanon political realignment.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Chamile Chamoun
Saadi Munsa
Abdullah Yafi
Ixamal Jumblatt
Socialist National Front
Jumblatt
Bechara el Khoury
Atkinson bid tops Harbor fill project near lighthouse
Guy F. Atkinson Co submitted a combined bid of 722 650 to build a six and one half acre fill directly south of and touching the lighthouse at Pierpoint Landing. The plan includes a site for a new restaurant and a parking lot with rock placement and dredging. Other bids for the full work did not cover all tasks. Bids from Connolly-Pacific and Standard Dredging cover rock or dredging portions. The Harbor Board will review bids on Monday.
MENTIONED IN THIS ARTICLE
Guy F. Atkinson Co
Pierpoint Landing
E. J. Amar
Board of Harbor Commissioners
Atkinson
Connolly-Pacific Co
Standard Dredging Co
Harber
Diminution of Business Licenses Seen in Long Beach
Long Beach's overall business climate stabilized as revenues from business licenses and permits declined 3 percent in the past fiscal year. Oil well fees dropped from 158,088 to 141,637 while dog licenses moved to the animal shelter. Used car licenses rose from 3,916 to 5,150, and total licenses and permits amounted to 628,685 versus 649,777 the prior year.
MENTIONED IN THIS ARTICLE
Long Beach
Animal Shelter
John R. Mansell
Three Housing Workers Ousted by Committee
Three Los Angeles Housing Authority employees were fired for refusing to testify before a California State Senate committee on un American activities. The dismissed include Simoney Green, Adena Williamson, and Elizabeth Smith, each holding management or assistant manager roles at Jordan Downs and Rodger Young Village housing projects. Frank Wilkinson was suspended after he refused to name organizations he belonged to.
MENTIONED IN THIS ARTICLE
Los Angeles
Los Angeles Housing Authority
California State Senate Committee On UN
Housing Authority
Frank Wilkinson
Reds Rant Again on Prisoners
In Munsan Korea US a senior Communist armistice delegate protested Allied persecution of Red prisoners in UN stockades. General Nem J complaints followed UN disclosure of an incident in FOW camps at Cheju Island where nine prisoners were injured as troops seized three POWs, an action the UN called a minor incident.
MENTIONED IN THIS ARTICLE
Munsan
Korea
U.N. Stockades
Nem J
Willam K. Harrison
U.N
Nam
Cheju
South Korea
U. NM
Awards in Pigeon Show Represent Long Beach at LA County
Winners announced in the open pigeon division included W C Elms 1707 Lemon Ave Bob Prane 2713 Knoxville Ave and Gacy Gersdorf 2707 Jefferson 5 Elms won three blue ribbons Bob Prane one Gersdorf earned a trophy cup and two Los Angeles Pigeon Club special awards Exhibiting Russian trumpeters Gersdorf also received two special awards
MENTIONED IN THIS ARTICLE
Long Beach
Los Angeles County
W.C. Elms
Lemon Ave
Bob Prane
Knoxville Ave
Gacy Gersdorf
Jefferson 5
Elms
Bob Frane
Gersdorf
Los Angeles Pigeon Club
Britain may have exploded atom bomb at Montebello Island
In Sydney an unconfirmed report spread that Britain detonated an atomic device at Montebello Island. Officials dismissed it as atomic jitters tied to Britain’s impending first test, with no confirmation from authorities.
MENTIONED IN THIS ARTICLE
Sydney
Australia
Britain
Montebello Island
Cn Australia
Rob Actor’s Widow Targeted as Jewel Theft Reported
In Dorking England a thief stole jewels valued at 4000 pounds from the home of Mrs Leslia Howard widow of a noted motion picture actor on Friday. The loss underscores ongoing concerns about security for prominent figures and their families in the area.
MENTIONED IN THIS ARTICLE
Dorking
Eng
Leslia Howard
Flying Can Strikes Man Near Anaheim Street
Robert Howard, 35, of 25 BH 1th Street, says a flying beer can struck him while he walked west on Anaheim Street near Lewis Avenue early today. He sought medical care at Community Hospital for a possible fracture of his right hand after hearing a commotion and seeing the can launch toward him.
MENTIONED IN THIS ARTICLE
Robert Howard
Howard
Anaheim
Lewis Ave
Outer Space
Community Hospital
Ultimatum Standoff Delays GE Contract Talks
Union head and GE officials clash after a federal mediation session as union negotiators resist a wage rise, more holidays, and pension and insurance provisions. The two sides remain deadlocked over three key demands with a potential walkout looming Monday, while the union denies issuing a strike ultimatum.
MENTIONED IN THIS ARTICLE
NEW
YORX
General Electric Company
CIO International Union of Electrical Workers
TUE
U. Junion
Lemuel R. Boulware
Community rummage and sale at 1154 Fine Ave
The WSCS group of the California Heights Methodist Church will hold a rummage sale at 1154 Fine Ave on Monday. Mispai Grotto members will also stage a rummage sale at the same address, planned to begin at 3 am on Tuesday.
MENTIONED IN THIS ARTICLE
Te Wscs Group
California Heights
Chareh
Fine Ave
Mispai Grotto
Mutton Price Controls Likely Eased Next Week
Washington OPS spokesman indicated a forthcoming announcement probably next week to suspend wholesale price ceilings and drop mandatory grading for yearling mutton and mutton. The move signals easing price regulation and regulatory requirements.
MENTIONED IN THIS ARTICLE
Washington
ULP
Office of Price Stabilization
OPS
Three French Airfields Unusable for U S Planes
Paris reports three French built airbases Chaumont Toul Rosiere and Laon Couvron have defective runways. U S officials say faults are expected and repair work is underway with jets possibly returning by late October. NATO funded projects involved French contractors under agreements limiting American supervision.
MENTIONED IN THIS ARTICLE
Paris
U. S
France
Kent
Jn Chaumont
Toul-Rosiere
Nancy
Laop-Couvron
Chaumort Field
Germany
Tripoli
NATO
United States
Ruhway
Clear Weather Across Regions Boosts Football Fans
Pleasant weather dominated most areas with skies clear early today. Temperatures were cooler near the Great Lakes and Northeast, rising in the upper Mississippi Valley, with readings near normal or above seasonal levels. The Dakotas, Montana, and Wyoming reported midsummer heat, including 35 in Philip South Dakota and 4 in Bismarck North Dakota, while Yuma Arizona led at 107.
MENTIONED IN THIS ARTICLE
Great Lakes
Mississippi Valley
Dakotas
Jrontana
Wyoming
Philip
S D
Bismaras
N. BD
Yuma
Ariz
Four Indicted Over Whippings
Four Florida prison road camp employers were indicted by a federal grand jury for floggings and mistreatment of convicts. The report described deplorable conditions and excessive punishment. Indicted are Capt. Lemon L. Larrish of Alachua County camp near Gainesville, Capt James S. Walkey of Citrus County camp near Floral City, Guards Albert R. Bellot of Taylor County camp at Perry, and O. Clyde Markham of Levy County camp near Bronson.
MENTIONED IN THIS ARTICLE
Albert R. Bellot
Taylor County
Perry
O. Clyde Markham
Levy County
Bronsa
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By Richard Fiske
New York Stock Exchange
Treasury
Snyder
Defense Department
Dun and Bradstreet
Sait Coal
Lee Robinson
National Hardwood Lumber Association
Dow Service
Detroit
Ward
CIO Auto
Ford Motor Company
Ninety-Nines
International Association of Women Pilots
Donna Evans
Barbara London
Betty Loufek
Edna Stennett
Santa Ana
Press-Telegram
Specratasipis
Strvica
Bernard N. Boynton
Henry W. Lawton Camp
Sons of Union Veterans of
Charles O. Boynton
Alder Boynton
California
ACS
Scizze
al Ally
Rob
U.S
Prani
Dus
Sasi
Poriland de Trans Co
Apt
Tonli Hbléone
Romi
Welvia
Bay Ib
Vancouver
R- Ropner & Co
Calawhe Ford Fike Ash Estero Bay Keytrom Ship, Co. Bent
Enor
NUE
AMR Vie
Ene Saee
Bajhon
Nor
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Remé
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Ban Fran
Candha
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Tino & N Son
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Lautts Swenson
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Tronianger
ST Issastinnatanmanne
Bert
BCEL
LDS Ettvesnin
Jake 2