Independent from Long Beach, California on March 30, 1962 · Page 2
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Independent from Long Beach, California · Page 2

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Long Beach, California
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Friday, March 30, 1962
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Page 2
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F« 9 t A-J-INDEPENDENT lt«t ·'«- C»»», r--. L.A.C. S A Y S:Economy Walls on Steel Settlement Arms Parley lo Drafl IN THE NEWS Preamble for Treaty High Court Justice Wllittuker Quits There is a definite letdown in our recovery from I he recent recession. There is also evidence this lias K'cn caused by uncertainty as to what settlement will conic out of the lalwr-managnni-nt negotiations UVIT a new steel contract. This lias been reflected in tltc stock market, as well as in consumer buying throughout the nation. Settlement of steel wage and fringe benefits contracts has long been a key factor in other industry |xlides. * * * This year, negotiations were started early in the hope they could be concluded quickly and the industry and public would know what to look for. If new costs of production were held in line, prices would be Mabili/cd--contracts could go ahead with building plans knowing what their costs would be. Settling plans for exports of steel could be carried out in competition with the fast-growing production with plants in other countries. Investors would have enough confidence to purchase blocks or bonds of steel companies which in turn would provide more jobs. There now appears hope a satisfactory settlement may be announced over the weekend. Litest financial reports of .steel companies show them barely earning enough money to pay their long established dividends--averaging about 5 per cent on present prices of their shares. This does not leave enough money to carry on new modernization of equipment and encourage new capital. * * * Reports were t h a t the union was demanding pay increases considerably above the increased productivity since the last contract was signed. Steel-company costs over the past three years have cut their profit margins In -- in many cases -- the vanishing point. Any payroll increases will call for some higher prices. This, in turn, means increased competition from foreign steel, which is madewi th labor costs a third as high as U. S. labor costs. A chart of world steel production gives an idea nf w h a t we face. In the Id UMIS-- IK.'O to !%()-- we increased our strol ontpi;! from !Hi million tons In !)!! million--an increase of I! per cent. l!y contrast, Japan increased Iroin f to 2-1 million tons, an increase of 337 per cent--Belgium increased from 4 to 8 million tons, up 100 per cent--West (icrmany increased from 15 to i!7 million tons--up It.'! per cent. Russia increased from 2" to 72 million tons, up IS.'Cpcr rail. * * * Much the same pattern is shown throughout the Imlustiial nations of the world. It is lo the.se countries the U. S. has shipped large quantities of steel Jn the past. Today they are not only supplying their own steel, but aic invading our domestic market. The total U. S. labor cost for steel production is estimated jit $3.80 per man-hour worked. The average for these 'other countries is estimated at about SI.".HI. Higher jiay is expected in the other countries. This is often cited as a hopeful sign for the U. S. lint it is apparent AM- cannot continue lo increase our cost per ton of "Mctl and rnntimir to be competitive in these world markets. Thi'M 1 aie I.ic tots thai mal.e it i m p o r t a n t thai jui early settlement of our steel negotiations be con- jcluded. Until they are, uncertainties will continue to slow down our whole economy. Stcelworkers' jobs and investors' s.ivings are involved in that decision. "Union leader* and management owe it lo these two 'groups and to the nations to resolve their differences tin a sound basis, reali/ing their industry is in the ·most dangerous competitive position of its entire liislorv.--I..AC. (·KNtVA Ul--the 17-nati'_'!i disarmament conference agreed Thursday on a procedure f»r drafting a preamble for a disarmament tiraty but the Western powers expressed some concern about ihe attitude taken by the Communists. - -- ~ I I n Hritisli eyes, a t least, {Suvict Deputy Foreign Min- l i s t c r Va| w' an A - X o r i n (seemed determined to plug / -» · I f | / 11''"-· Russian disarmament line 'till \' / ) / / - / I frmn first to last, with little -"''*' ' * /t ' t ' l ' t ''consideration for the views uf the non-Communist lu- l l ions. The American* took a I more iK.pcful view following a three-hour session. WASHINGTON Ml -- ' I lie| specifically. Hie delegates Senate Thursday sideste||rd in .i tnlc , c j , hc j r cochairmtn-- a sharp dispute over Ke|mlih-j Amcrican Amb;isu( ] or Ar ,hur can diaries uf an attempt to ,, 1)can am) / orin _, () wolk turn civil servants into propa-, ou , aj , ret . d | an( . uaRe (or a , )rc . Kand.sts for the New Iron- amb(1 , a n j rcp()rl back by t ,, c tier and passed a l)i K money! mi(ltl | c ,, f ncxt W( , fk if p, )ssi . in. Senate ble. bill without action on the complaint. The measure, first icgularl LEADERS ot the other appropriation to go through delegations will submit com the Senate this year, carries ments and suggestions by $5.52fi,nr8,000 for the Trea-j Monday morning and these sury and Post Office depart-] i( ] cas w j|| be considered by merits, the White House andean and Zorin. The cochair- siiine - . m a l l independent I , nan a | so may call in various agencies. jdelcg.itcs to help them. It would, among other things, provide more money and men for a geared-up in- 7-orin urged the conference "tii move forward speedily and energetically" toward come tax enforcement drivejcornpletion of a preamble set- and to combat illegal trafficjting the goal of general and in drugs and diamonds and complete disarmament, the smuggling of goods to. Dean agreed the time had Communist China. tornc to get down to details. · · » » He said great care should be 'IHi: SQUAIJIILE developed taken in drafting the pre I\CT an amendment by Sch.iamble. which he predicted John J. Williams, K-Dcl.,|would rank historically with which would have withheldjsuch modem declarations as the salary of civil scrvants'the United Nations charter-who appear befoic publicjif a disarmament treaty ever groups to support or opixiseii.s agii-rd upon, proposed legislation. Williams dropped plans to INDEPENDENT seek .1 suspension of the nan\*W '^*i t 'ASi' f i£?V£ for its consideration when D»JCN t?. CJicf. tnifrm n ttund . c l J t « niattfr Mjr. 77. 19*3. Jt Long Democratic- lc.nlers assured reach !. cjiii. Adjudcciitd by 6u- him the Senate Appropria- o ' t 'i!". "Vi. l D«",*N "'"ic/M" 1 "' tiiiiis Cimimittce will gixe HMK v""r him an r.iily healing nn the r.jm-i on.vriy . j?.2i«7« |IHl|«)s,i| .is .1 M'lMUte III.it- "!,,,"'"cory " " .'0 Icr. ~-.Y · PATIO PACKAGES 10'xlO' 10'xl6' 12'x20' 29.98 61.95 71.95 MIEKGIASS 42.98 86.95 103.95 Itlfi FENCING SPECIALS CHAINLINK 4 f - 50* er 100' Roll* 6' REDWOOD GRAPESTAKE All Moleriali Included 09 ri. r COME IN AND SEE OUR MANY OTHER SPECIALS. WE HAVE A COMPLETE LINE OF NEW USED BUILDING MATERIALS) LUCAS BUILDERS MART HOJ7 GARFir.J.5 AVE. (CHERRTI M I MK! OrlH OAILT I - J : J O M l t . l l i g JtJSTICK WIIITTAKr.R Supiemc Court Justice Charles Kvans U'liillakcr, physically exhausted from work, resigned Thursday to save his health. President Kennedy a n n o u n c e d he would name a successor shortly, his first appointment to the high bench. The resignation, effective Monday, was announced by Kennedy with "extreme regret" at his news conference. The President said the Gl-year-old Whittaker was stepping down at the direction of his physician for reason of disability. Whittaker, a Missouii Republican who has served five years on the Supreme Court, entered Walter Reed Medical Center March G. He has been absent from the court on the last two Mondays when rulings were i«- sued and has written only two decisions this term. The justice issued a slatemcnt through his office saying he had "reached a point of physical exhaustion from the great volume and (ontiniiuiK stresses uf t!:e fnvin'*- v oik " West I n- n a n I |UHM!.IV I'ouit permission tu change liis name because cf its .similarity tu that of a comic Atrip character. William George Mullins, '.',1, said lie wants tu be known as William George Montgomery. He said lie has suffered "extreme em- barrasmenl and ridicule" because "Willy" in the "Moon Mullins" t i i m i c .strip lus the same last name. AWARD Sgt. Felix M. Ci-brlan, a survivor of the liataan Death March, lias been awarded the Soldiers' Medal at I t . Lewis, Wash., for heroic rescues during a typhcxm nearly two years ago. Ccbrian swam through a raging Hood during a May. 1WO, typhoon tu rescue several neighboring women, children and elderly people in his home area of the Philippines. IIAXKIWPTCY Television a n d movie producer Hal Itoach Jr. has listed liabilities more than a million dollars in filing a petition (if V (I I II II - t a r y bank- r u p t c y in I.os Angeles. The -12-year- ild executive claimed a s s e t s o f only S.TJ.OOO. The Hal Kuach .Studio in Culver City passed into receivership in 19CO. Itoach .Sr., TO, attained fame and fortune in the screen's f.nly d.is w i t h Hum-dies starring Harold Lloyd, Laurel and Hardy, the Our (iang troupe and others. 10 DAYS Mrs. Murrnce Aadland, 51, mother of the former protege of late actor Errol I-lynn, Thursday was given court permission to live in New York -- after first spending ID days in jail for violating probation in Los Angeles. Mrs. Aad- l a n d w a s c o n v i c t ed Aug. 8, 1%0 on four c o u n t s of c ontributing tu the dclin- (j u e n c y of her teen-age d a u j; h t er, Itevf Iry Aadland. A judge ruled she had violated her probation recently by appearing at the probation department with liquor on her breatlu The judge said lie .also was informed Mrs. Aadland had used "foul mouthed and disgusting language'' when she called the court last week. FLORENCE of American c o m p o s e r Samuel Barber said Thursday that contact between the United States and the Soviet Union in the field of music "must be expanded by every means." the Tass news agency reported. Earlier is attending the third U.S.S.R. Congress of Composers in Moscow. me iiAiiv Mrs. Dora Miirgiild, of Taranto, Italy, gave birth Wednesday to an 18-pound, 12-ounce girl. Mother and lialiy were reported doing fine Thursday. ACCVSKn Dr. Llnut Pauling. Nobel Pri/e-w inning scientist of the California Institute of Technology. Thursday ac- cused the United Stiles government of stepping up the arms race. Pauling, an outspoken opponent of nuclear tests, addressed a jam- lucked audience of the Graduate Students Association on the University of California compus in Berkeley. RKLKASKD Syngman Hhec. former president of South Korea, was discharged Thursday from Tripler Army Hospital in Honolulu after 13 days of treatment for a nervous condition and a circulatory ailment. DISCUAKGMt The Earl of Avon, 04, the former British Prime Minister Anthony Eden, was dis- cliarged Thursday from a Boston hospital where he underwent removal of a nonmalignant growth. He looked fit as he stood on the hospital steps and waved to a group of nurses who stood outside to bid him farewell. He was accompanied by his wife, the former Clarisa Churchill, TO MARRY Actress Judl Meredith, ^5, costar in the "Hotel de Paris" television series, said Thursday that she and TV director Gary Nelson plan to marry. JUDI MEREDITH NCE! \ =r=E-l DO IT YOURSELF BUILDERS' SPEC ALS 4 ' x 8 ' FIR S499 PLYWOOD tT. I - J tUN. 11-2 A. h'r-e ij a r;;d b; n.. · ·.. la al a lemariab:/ L* i · . rrcrsd ifat LI ! . ; · · · . r · B. J-pc. i-cilc-.il ;-·· c · · · !··· ,i"d iTartly ii'',f, p'-'t'p.'f ' i.r-'./ IOCTI . . : · _ · ; · :· C. He-e i, .1 I - i ' .· ·· ·· ; -'· i:c.'.j-. l.'.s . 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A ' - * r c l f:"e. b-cv, , i - - J n-cei t* t, by f-tli 1^,- r- 49.95 :~e«J. by Eiqs'cw' . ';:.!', 59.00 ir.16'1'" A ! i "£31" IJy!:-i i : c, cfl'Vrile lc:n I I 1 (,'· 149.00 .-e«-i p'.-.h. by E^e'iw".'. . II. 1 .) 25.00 i; , / ? ' A!-c.-.:'c-i p . 3'ey \.cii (;L'e. b/ E : nc!ov/. . J '-.;-'! 25.00 I." ."j 1 E'i.-ii.t Crjr;.;« "Ir.V'- - . · / · . ' . ! L'-.'^ ' b/ E Q?'cv/. '''·"· \ · .- f t j v .·· i ''· 1 ' " . . ' · . 98.00 SCANDINAVIAN IMPORTS ^, ,, " c r C .: i . · ' f ·" i . B j *". rj · c · :e,; ... .29?.V!i 199.95 .-..-. r CVo- rl ;·:»/ -.( .. \39.SLi 219.95 C:l Lr.r.-c Cl.,:r . l?-«.9 r ; 49.95 t i - il;'. lc.il E'd lc,l . 3-1.9;, 27.95 ' . . ( i f - · ' - C ' - - l??.?n 139.75 V.'..'v..t Ltr-j-!-! CI-» f .' M9.9'. 119.95 \V. -_f!-Dri*'.-C.ii-'-«;t I09.9 : , 79.95 V/., 1 - .t I.":: .-n 1) . ' C J: .:-f! . H".9 r ; 89.95 · ,..,-! [. : ., . -, i,,. ·,, /'i.r,'. 57.95 · · -',-EvJ ! - . · ' · · i ' : · u.:, y (r, 1 . 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