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This newspaper page contains 11 articles. Subscribers can read the full text of each article.
Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Aug 24, 1957
Page
4
Analyst notes tight money policy aiding deflation in stocks with low volume on Monday. Forecasts split between near-term dips around 465-470 on the Dow and a long-term growth trend amid inflation, with potential September rally followed by declines into November.
Governor Furcalo plans Monday talks with both sides to end the Boston press strike forcing six daily papers to suspend two weeks of publication. He will meet with the Mailers Union and then with publishers to arrange a joint conference and settlement. The action involves 300 newsroom workers and impacts about 5,000 newspaper staff statewide.
Howard Evers of Long Beach collapsed on the deck of the fishing boat Fury off San Diego. A Coast Guard helicopter plucked him from the sea and a medical team aboard attempted revival, but he died on arrival at San Diego.
At the Americas conference in Buenos Aires Peru proposed a regional market uniting the United States Canada and Latin American nations within 16 years. Economists see gradual regional market growth with Brazil Argentina and Mexico modeling similar schemes. The idea aims to lower barriers, allowing products like a Brazilian tractor to move into Argentina tariff free and push toward broader economic unity.
Abilene visiting minister Rev. Willis H. Sparks, 48, told police a checkbook from his wallet costing S13L was stolen from his parked car. The incident occurred Friday near a footpath and a bus stop at Alamitos Ave as a passerby and a business associate witnessed the scene. The report notes a later fatal wreckage connected to the thief and vehicle, with unclear details.
Gilbert Mando, 25, of Norwalk, and John L. MacPherson of Granasi Hills died in a P38 aerial survey plane crash near Pittsburgh. The Hycon Aerial Surveys crew plane, converted for mapping, fell from 2700 feet while attempting to avoid a Trans World Airlines Constellation during a routine approach. TWA Captain Arthur Sessi said the Constellation briefly avoided collision as the P38 dove and crashed in a field. Mando survived by his wife and three children. funeral plans are pending for MacPherson.
One year old Phillip A. Robin, son of 16334 E. 4th St, suffered a scalp laceration when he fell from a slide at Bixby Park on Friday.
Greta Andersoh of Long Beach plans to swim from England to France next month and then attempt the reverse crossing. The 30 year old Danish wife of a local physical culturist aims to become the first woman to swim the English Channel both ways in one summer.
A shooter fired a pellet at a southbound car on the Long Beach Freeway near Both Street about 9 pm Friday. Driver Robert Bemis, 35, of 2052 Golder Avenue, said he did not hear a report or see the gunman. The bullet hit the right front window, showering Bemis with glass but causing no injuries.
The week saw inflation concerns persist with the Fed raising discount rates in New York and Cleveland while signaling possible stabilization or decline in rates. Labor leaders and church figures weighed in, and the stock market fell for a fourth week amid lay-offs at GE and Westinghouse.
A fragmented newspaper snippet shows birth announcements across multiple names and addresses, with some entries including dates in August and locations such as Seaside Hospital and local avenues. Also appears a divorces filed section with several surnames and initials. Names, ages, and streets scattered. unreadable in parts due to OCR.
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