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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Mar 12, 1960
Page
3
An estimated hundred people will attend a "pond faith" dinner with Uranium promoter Milton Addison on Sunday, paying 200 dollars per plate at a downtown hotel. The menu features beans and cornbread, with Addison’s shows aimed at reaffirming faith in his ventures.
National weather reports describe a widespread four inch to heavy snowfall across the South and East. Snowbound areas struggle with fuel shortages and service disruptions as thousands face stranded conditions and emergency relief operations, including National Guard and Red Cross efforts.
Dr. Russell Sheldon, a physician with 44 years of service, died at age 74 after a helicopter airlift attempt failed in a Boston hospital due to strong winds. He was known for pioneering uses of carbon dioxide in mountain medical treatments and had enduring ties to family groups.
SACRAMENTO reports that lawmakers oppose tax cuts as Gov. Brown faces Republican and some Democratic resistance. Senate and Assembly committees clash over a 14 to 20 million dollar tax reduction, with hearings stalled and political maneuvering delaying decisive action into the new session. Art news notes Takuma Onjiwara, a New York based Japanese photographer, dies at 83 with works in several university collections.
A gas blast destroyed a two story apartment house in Culver City leaving about 200 residents homeless. Seventeen people were hospitalized but none seriously injured and only five stayed overnight. A witness named Ya Benjamin said the building lifted off the ground as it blew apart. A bystander in a yard nearby was knocked down.
The Y' Kiddo Day Camp in North Long Beach ran its first full season with facilities for activities, crafts, swimming, cookouts and sports drawing campers up to age nine. YMCA and community volunteers contributed labor and materials, including plastering work donated by local unions and suppliers.
In Yonkers New York a tall woman nanny and three or six children were found dead inside an apartment after a heater burned and exhausted oxygen. Mrs Theresa Alfane reported leaving the children with Mrs Wicht a 36 year old babysitter before returning to find the scene. The tragedy left three children dead and three others hospitalized in serious condition.
A compact analysis traces bear-market confirmations and Dow Theory divergences. It notes rails and industrials failing to confirm lows, the spring rally faltering, and potential long-term downtrend toward 1961 with a possible Dow buy spot if near-term floors hold. Includes macro context on steel, production, and inflation risks.
A British adoption case ends as Mr and Mrs Leo Moore withdraw after flight cancellations, visa delays, and public scrutiny. The London press reported the couple's decision, noting they will not pursue adoption and had begun selling their home. The Prescott family of North Charleston, DC, also abandoned plans, saying they would not pursue the baby due to age and publicity.
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