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Press Telegram in Long Beach, California

Page 1

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Articles on This Page

This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Oct 16, 1958

Page

1

Stocks Have Big Recovery After Selloff

New York stocks rebounded after a sharp two day retreat as a late buying surge lifted indices. Margin requirements rose to 90 percent, dampening afternoon trading, but prices finished higher with gains led by steel and motor shares. The Associated Press average rose about 2 percent, while Federal Reserve moves aim to curb speculation with borrowed funds.

New York Federal Reserve Board Wall Studebaker- Packard Anaconda International Nickel Associated Press Hel Federal Reserve Paarl Youngstown Sheet & Tubel UL S Steel American Motors Anatconti Phelps Dodge Magma? Copper Thinsis Central Westinghouse Lorillard Beth- Tech

Two TV Quiz Shows May Be Dropped After Probes

Reports say NBC may drop rival quiz programs Twenty-One and The $64,000 Question amid investigations into answer rigging. The New York Journal-American notes discussions began earlier and a final decision was reportedly made.

New York twenty-One The New York Journal-American Col “Twenty-Cie Atlec NBC Enen Derry and Brright Jack Barry Journal-American CBS Com New York Post Keylon, Inc

California Jobs Peak in 1958 Labor Market

California employment rose to a 1958 high with August to September gains pushing total jobs to 5,807,000 while unemployment fell to 303,000. State reports cite durable goods and manufacturing gains, with the state labor force at an all time high despite record employment.

Sacramento California H. W. Stewart Clvilian State

Obnoxious Fumes Waft Over Los Angeles

Unspecified fumes circulated over central Los Angeles from 11 p.m. until daybreak. City Hall reports numerous calls to its switchboard while officials search for the source, which remains unlocated as investigators begin work.

Los Angeles

Payroll Heist Hits Brinks Route at Truckeye Brewery

Three men robbed Truckeye Brewing Co offices just after a Brinks armored truck delivery and escaped with about 84000 in payroll money. Police seek suspects and review security footage. Local investigation ongoing with no injuries reported.

Toledy Brinks Truckeye Brewing Co

Incomes in U S Hit New Record

Personal income in September rose to an annual rate of 3574 billion dollars, with gains led by durable goods industries recovering from the recession. The Commerce Department noted a 144 billion dollar month increase, marking the seventh straight rise and a new peak for the third consecutive month.

Washington Commerce Department

Fifty Lawmen Raid Three Vice Markets in Lancaster

Fifty lawmen raided three locations in Lancaster early today and arrested 10 people on charges including prostitution drunkenness permitting minors burglary grand theft. Sheriffs deputies air police from Edwards AFB and Alcoholic Beverage Control officers took part in the operations following numerous complaints.

Lancaster Ufi Air Police Edwards Afb

Hairy Big Foot sighting reported near Blott Creek

Two Wallace Bros construction workers Ray Kerr and Leslie Breazeale told newsmen they saw a hairy tall figure cross a mountain road near Blott Creek Sunday night. Kerr described a 10 foot tall hairy entity leaping into brush as Breazeale, awake from a nap, saw it on the road. Clifton Wallace said another employee reported a sighting last week and quit after repeated footprints disrupted the project.

Blott Creek California Keer Breazerle Kery Wallace Bros Bluts Creek Ray Wallace Wallace Shorty

X35 Manned Rocket Unveiled At North American Plant

NASA era space news reports the X35 manned rocket unveiled by North American Aviation to explore outer space regions beyond 1,000 miles high. Vice President Richard Nixon attends as the craft, designed for speed above 3,606 mph, is touted as a proud day for America. The event occurs amid broader space program coverage and related industry milestones.

Grees Fahrenheit Iil Gre Nps Cros Richard Nixlcontrols Jon NAA Los Angeles International America Hollywood Roscoe Ates U. S Reba San Outer Space Scott Crossfield Nixon J. H. Kindelberger North American Aviation Los Angeles International Airport

Dinner guest recounts suspected overdose case at apartment

Miss Sanborn and others attended a dinner Tuesday night in his apartment. The guest said she felt sleepy and asked to lie down. He found her unconscious Wednesday noon and deputies were called. Emergency doctors said she overdosed on barbiturates.

Miss Sanborn Ife

Antarctic crash kills six in U S Air Force Globemaster

A U S Air Force four engine Globemaster crashed near Cape Hallett in Antarctica. Six of the 13 crew were reported dead and two of the seven survivors were injured, one critically, as rescue teams battled blizzard conditions to reach the scene from McMurdo Sound and the joint U S New Zealand base at Christchurch.

Auckland New Zealand Vpt Cape Hallett Antarctic Antarctica Christchurch C., T. Ellen

Beach Combing and Bridge Highlights Across The Paper

A concise rundown lists items on Beach Combing Page B-1 and Bridge Page A-27, along with classified sections on pages 0 through 11, comics on pages 6 through 11, and various features across pages A-14 to C-5. It notes sports coverage on pages C-1 to C-4 and cultural listings including theaters on C-5 and television radio notes on C-12.

Wicon

Jetliner Flies Tonight for Europe in Prestigious Start

The United States jet transport America, a Boeing 707-121, will depart from Friendship International Airport near Baltimore at 7 PM for Brussels en route to the World’s Fair. Mrs. Dwight D. Eisenhower sponsors the christening with water from the seven seas. The trip includes government officials and press representatives. return is set for October 72, marking a preliminary step toward regular transatlantic jet service on October 6.

Washington United States Eusrope Dwight D. Eiesenhower Seven Seas America American World Air“ways Sevatae TRE Previatouran Friendship International Baltimore Brussels France

Also Mentioned on This Page

Southland Long Beach Calif Jerry Jincignati Ohio Pharmaceuticalt Inc Manhattan Dist Atty Frank S. Mogan Bareau Theiiscomfort Ming the Beach Municipal Airport Palm Springs Saneta Ana San Pedro Anz Pasadena Santa Monlea L. A U.S Ray Kerr Leslie Breazeale McKinleyville Rear Wihalevar Manned Space Rocket Bubit Photos Rogez Cone James Allen Aduliatr Allaire Eisen Model Ates Ist Jetliner Europe
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