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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jun 23, 1959
Page
4
Mrs Dorothy League 45 killed her husband Holden 45 with a paring knife during a Saturday quarrel in their Oakland home. Authorities released her without charge. Kaiser Sr. resigns from four top posts in his firm, stepping down as board chairman and president of major operating units.
Alan G. Rude, president of Universal C.I.T. Credit Corp., predicted a 25 percent rise in new car sales over the next decade. He said the market should reach 74 million by the end of the 1960s, with this year’s total over six million units including imports.
The 77-year-old Kaiser plans to stay as board chairman of Kaiser Industries Corp and take an active founder-chairman role in Kaiser Steel Kaiser Aluminum Willys Motors and Permanente Cement. Edgar F Kaiser becomes board chairman of the four firms while remaining president of Kaiser Industries Corp. J L Ashby named Kaiser Steel president A Girard leads Willys Motors W A Marsh heads Permanente Cement and D A Rhoades runs Kaiser Aluminum. Panama Canal faces record peacetime traffic jam delaying 27 ships and hindering 24 more as跨 large tankers and carriers crowd the waterway. Delays extend 24 to 36 hours with limited relief this week officials say calendar.
General Motors Corp will unveil its entire five model lines on a single television spectacular on or before Friday, November 13, introducing the 1960 line in full for the first time. The announcement specifies a nationwide telecast to showcase the new cars together.
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