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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 12, 1972
Page
4
Reagan notes a vigorous economic recovery with higher corporate profits and rising personal incomes. He cites statewide job gains, predicts civilian employment up 175,000, and says new revenue measures will regularize income tax collection while avoiding tax increases. He forecasts personal income growth and a normal revenue growth pattern under the policy.
Coast Guard cutters and eight aircraft scoured the ocean from Seattle to San Clemente for the overdue 65 foot Zenith with three aboard. Brent Talbot, 27, his wife, and his father, all from Portland Ore, vanished after leaving Seattle New Year’s Day bound for San Pedro to join a tuna trip near Mexico. The missing boat was due in San Ferro last week.
California faces a windfall as oil and gas operations, led by the Long Beach development, push revenues higher. Budgets project total oil and gas revenues of 58.8 million this year and 76.3 million next year, with major allocations to higher education, the water fund, and water project construction.
Two traffic crashes left a 15 year old bicyclist and a 45 year old pedestrian injured. Charles Jasiewicz of 1687 Freeman Ave. was treated at St Marys after his bicycle collided with an unidentified car on Seventh Street and Euclid Avenue at 8 05 a.m. A second victim, Jack Henry Phillips of 1626 Pacific Ave., was struck by a car driven by Eldie J. Cooper Jr., 44, a Camp Pendleton marine, at Pacific Coast Highway and Pacific Avenue at 10 25 p.m. Witnesses said Phillips ran across on a red.
Sacramento reports Gov. Reagan will review an NEA finding that California ranks 31st among states in average public school spending per pupil. The NEA puts California at 835 dollars per pupil versus a 929 dollar national average for 1971-72, down from sixth place six years earlier and 24th last year.
In the Forest Hill Extension a large white cat was found hanged from a tree marking a spree that has also claimed two dogs and a cat since December 31. Police report a note on the first cat accusing residents of hiding dogs and claiming there are always cats. A second note was found with the latest cat and police described a young man seen leaving the scene.
Long Beach Assemblyman James A. Hayes announced his bid for the Fourth District seat on the Los Angeles County Board of Supervisors. The veteran legislator, leaving the Assembly, cited coast preservation, pollution control, and mass transit as priorities. Hayes faces Burt Bond Howard Jones and Jack Cleland in a bid that pits local political veterans against new challengers.
About 4,000 leaflets circulated across Southern California urging workers to contact the President, the Pay Board and Washington representatives protesting last week's Pay Board decision. At McDonnell Douglas in Long Beach, 10,000 leaflets were distributed signed by Gregory urging use of Western Union public opinion telegrams offering 15 words for $1.25 to send messages.
Meadville elementary students ask what unprecedented means as they discuss Pat Nixon's trip to Africa. A separate item notes aerospace workers considering a pay raise and possible plant closure threats, with the Pay Board as context. Chancellor Brandt donates Nobel prize money to charity.
Leyte Governor Benjamin Romualdez said more than 200 people were killed as Typhoon Kit plowed the central Philippines. Red Cross reports 72 confirmed dead. toll expected to rise as towns report in. Flooding inundated many areas, with 16 hours of heavy rain and extensive crop damage cited.
A 17-year-old describes an all-telephone stock experiment starting with a $500 bank deposit. He bought $127,010 of stock in days, faced broker refusals, and completed trades without meeting anyone. After selling at gains, the bank froze his account, claiming someone used his number to buy stock.
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