Independent Press-Telegram from Long Beach, California on July 9, 1961 · Page 43
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Independent Press-Telegram from Long Beach, California · Page 43

Long Beach, California
Issue Date:
Sunday, July 9, 1961
Page 43
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Sees 6/g Business 3oom Coming Soon ZQDY'S NEARING COMPLETION . With much of Ihe e;;levior work completed, tlie big new Zody's Department Store is scheduled to open in a few weeks in Los Allos. It is located at Spring Street and Los Coyotes Diagonal. This is one of seven new stores Ihe company is building in tbe Southland. Gene NebeUer. president of. Speaking with primary ref-.eral aid as of April -1th, 510: the Long Beach Board of erence to problems that are of these subsequently h a d j Realtors, reports that C u r t i s "inherently local," Hubor r m i I t e d "workable pro-. E. Huber of Evansville, Ind..'pressed Ihe fear that the cre: prams" to expire. Moreover, chairman of the Realtors' nlion of the new d e p a r t m e n t of these, 363 had not indi- Washington Committee, a p - j would lessen local responsi-jcalcd any intention of filing peared before a subcommit- bility for them and thus makc'for reccrtification. tee of the Senate Govern-^heir solution more . d i f f i c u l t . ] "| c ji e these only to pointj mental Operations Commit- He added that it would oul t ] lal because the cities tee as representative of the hasten the "erosion of our | i a v R attached so much im- 70.000-memcer R e a l t o r or- system of federal-state-locarp n r i a m ; e t o the role of a De- ganizalion of the National As- relations" and it would effect parlment of Urban Affairs, sociation · of Real Estate circumvention of state and \ ve f e;lr t| ie e f f e c t s of further! Boards in opposition lo SB country governments. .shifting of responsibility for 13.3. I » * . » ! t |, c s n ]utJon of Incal prob- This bill would establish' HE TOOK as an example lems lo the federal govern- the new cabinet-rank De-jof the abandonment of local,ment," he said. "Yet all the partment of Urban Affairs'responsibility, current urban ; billions in Fort Knox would nnd Housing. Congressional: renewal efforts, pointing out'not suffice to rid the nation creation of this d e p a r t m e n t ' t h a t while 1,207 communities^ its slums unless the com"would toll the bells for o u r , h a d adopted "workable pro-jmunities accept greater rath- f p r i e r a l system," Huber'grams" for the prevention o f i e r than lesser responsibility. 1 warned. Islums and blight to get f e d - j NARKB'S opposition to the bill is based also on a belief that il would not accomplish it.s purported objective, woulr aggravate the f r a g m e n t a t i o n Indeendent^ --R-l LONG BEACH U. CALIF.. SUNDAY, J U L Y », ml ^BUSINESS DEPARTMENT The nation will see a btis- less boom, starting within ne next year or two, thai vill be far greater than the oom of the past decade, says C l i v e G r a h a m , prominent .ong Beach really broker. Speaking before the Asso- iation of Newspaper Classi ied Advertising Managers in convention in Phoenix, Graham said thai predicting suet hoom is not a crystal bat vision but is factual. Graham, head of the Clive Graham Real Estate Co., 800| E. O c e a n Blvd., is on the; ooard of directors of the N a - j tional Association of Reali Estate Boards; the board of| governors of the National I n s t i t u t e o f Real Estate Brokers and is on the real estate advisory committee to the president of the University of California. * * * * "EXTRA HIGH BIRTHS of the 40's and 5Q's will produce a population bulge in the GO's CLIVE GRAHAM No Crystal Ball Vision years, 15 per cent, 20 year per cent, and in 25 year 50 per cent. "It will pay us to watch the progress of inflation in the I, P-T PROMOTIONS WIN For the third consecutive year The Independent^ Press-Telegram has won the California News-' paper Advertising Executives Association award for the best promotion of retail advertising. Here^ Gus Holmes of the California Newspaper Pub-, lishers Association congratulates James P. Duncan, I, P-T local advertising manager (right), for the victory. The annual I, P-T Cook Book edition also won top award for the best special edition. D u n c a n was elected president of the association. future. The no. 1 cause will forced up and 70's. When these y"»ng| be w b e j n g men and women m a r r y lTMse| fa! . ter t h a n p r o d u c t i v ji y . Pro . marriages will make homes fessiona , lmionee rs deny this. and homes make business. RETURNS Ed Cramer returned lo (he manager position of Kay Jewelers at 319 Pine Ave. afler completing an assignment for Kay Jewelers in another area. Cramer has been with Kay Jewelers 15 years. They put (he blame on exces- We can add another fact s ive p r o f i t s , hut profits stay to this prediction -- the mo-jabout level, or even shrink mentum of new products and in relation to total volume new ideas that flow f r o m j w h i l c wages keep goiing up. technical, scientific and mechanical development in the "Business is forced to raise prices. When these price in- past. These are already willij c r c a s c s become general they us, behind the scenes, being ra j se lne cosl o f living. This rushed into use. They are cer-j c a i l s f o r higher wages. This tain to bloom in the 60's and-i c n p_f r 0 j,pi n g w ||[ ue with us 70's. continually. " R i s i n g living standards "The no. 1 hedge against have been rapid in the p a s t ! i n f l a t i o n is the family home 10 years but they will he even,i a nd or other real estate." rapid in the next 10 GRAHAM SAID that older higher. In 10 of the nation's housing e f f o r t ' " rather than contribute lo its downgrades the most success-!"' 0 ' 1 coordination, and that it p r e - | f u l of these programs by or · ,, . ,, supposes t h a t Ihe federal abolishing the Federal Hous- . [government's role in housing ing Administration as a sep- "PRICES ARE HIGH but land u r b a n renewal must be ajaratc corporate entity," Hu-jlney wilt permanent a n d expanding:bcr charged. | one. | Huber urged Congress "'o!pQj*|yigr , , » , i weigh carefully the hnplica- 1 THE NAREtl representative lions flowing from . . . a con- denied that the bill would.jcss.on that the role of t h e ; coordinate existing federal 'federal government in hous-| Considerable r e m o d e l i n g s . u m a n c n t has been completed on HANDY TIP When that fellow motorist has his t u r n signals going winky-winky and doesn't know it, he'll appreciate it if you'll give him this new sign. Thumb and the four fingers are moved toward each other several times. It's an u n o f f i c i a l wigwag suggested by the American Automobile Association in Wash- bousing programs by pointing:i"S must be a pnn out t h a t those that crmtribiite^pandmg one. people now have more income than in the past and this wil ncrease through the year: and business should cater ti this class. "And, he added, "a the other end is the diape l j n e _ about 4 million babie n year now -- which can pro duce more business. 'The coming boom is n secret, big corporations have Big Vegetable Oil Plant Leased Here ; Pacific Vegetable Oil Corp., a San Francisco based international trading and processing firm, has leased the large Spencer-Kellogg vegetable oil processing plant in Long Beach, Chamber of Commerce officials announced. The property consists of some eight and a half acres and abuts Cerrilos Channel in the rapidly expanding Long Beach Harbor area. The property includes 13 buildings with a total square footage of over 185,000. * * * \ INCLUDED IN THE BUILDINGS is a four-story com-; plete oil refinery, two mill buildings, an eight-unit tank f a r m having a 1,460,000 gallon storage capacity and a · grain elevator w i t h a 206.000 bushel storage capacity. There is also a meal grinding and shipping building, a flax warehouse, a cake slorage building, a copra storage warehouse, plus service buildings and equipment, a dock warehouse, and an office building. With the addition of this Long Beach facility, Pacific Vegetable Oil now has three deep-water loading locations. Long Beach Chamber of Commerce industrial manager, Dale Ward, said, "We are very happy to see the Pacific Vegetable Oil Corp. expand its operations to the Long Reach area. We have known for quite sometime of their interest in the Long Beach area and worked with them on this subject." Pacific Vegetable Oil leased the property from Union three floors of the Jorgins ' i( chflr i c d. They are planning Pacific Railroad for 25 years with an option to buy. |to approximately 63% of the ! "Many of the problems o f J T r u s t Building. Pine andj-, ] l e a c i w jih now products and 'nation's residential mortgage our urban areas, such as Ocean Boulevard, a f t e r the me iiiods. financing--those of tha Feel-,housing, community facilities!removal of the courts i n l o j "The greatest era of eco- 'cral Home Loan Bsnk Sys-!and slum clearance, are :n- i t c m and the Veterans Admin-jhercntly local problem-," he istration--are not included!said. "The energies of ali J i n the proposed new depart-llevels of government should be directed at their solution the new Building. C o u n t y C o u r t s j n d m i c growth this country ever lias known is ahead of Herman Hertz, owner, said us . it will he the g o l d e n tenants in the vacated area include Jefferson Stand- ington as a way to end this disconcerting and dan- .. Not on | y d oos the bill fallen the local level and w i t h l a r d Life Co., Lester D. Law- gerotis t r a f f i c situation which everyone gets i n t o ! to coordinate the several fcd-'greater, rather t h a n less, lo- son now and then. j e r a l housing programs, but Ujcal f i n a n c i a l participation." .Co. son Inc. and Ohio Casualty future of real estate." Graham discussed the use real estate, the growth of it and the increased business now resulting. Why Keep your eye on the Jergins Trust Building Country Club .,,,, ,o SOLD I Because It Has Everything! ft'ilhin \valking of l.^r.Ee shopr 10 ^ arfas, connplctc s(hrvol u r d i l K S f:om ls( f t i A c through 2 years of co!k^r,. in the :en(er of refrc-dtion arejs and 10 rr.inuTcs from l.ons B c i r h Marine HOMES hnrr : f is indi'.'idcilly cusfom d r s i £ n e d. Eah home r e f l e c t s r r i d e nf p. LorAied in the i bf J r t of Like^'cod - T.nn^ -- Bc.ich Area. Xo pio^c:;in^. Trade in vonr p r c s c n I hone. \'c h.indie a[| details. Sorrc h 0 rr. c s arc f n r immediate CLUBVIEW CONSTRUCTION Live at the Ocean's Edge in this luxuriously new Own Your Own Cooperative Apt. Home THE OWNER - MANAGEMENT AND STAFF WELCOME THESE ESTABLISHED FIRMS AS TENANTS IN THE JERGINS TRUST BUILDING Ocean Blvd. and Pine Ave. JEFFERSON STANDARD LIFE INSURANCE CO. · LESTER D. LAWSON CO., INC. · OHIO CASUALTY INSURANCE CO. Offices Designed to Fit Your Needs Prestige Frontage Location (45'x25') Available HEmlock 6-2283 Make the modern move to 32 Seventh Place where the beach and the blue Pacific are your front yard. Enjoy resort living . . . j u s t a few minutes walk from the shopping, churches, and other activities of D o w n t o w n Long Beach. DEED OWNERSHIP ... NO BLANKET MORTGAGE . . . 2-Beiiroom, 2-Bedroom and Family Room, 3-BeJroo»i Apartments. PROM $23,000 to $42,WO Financing A rail able. Work-Saving WBlinghoaw Electric Kitchen*. FUfort Heating, Indrviduilly Soom-Controlled. UrgtCtoHb. - Airtomitk BmlM. Sun Deck at Beach level. High-fidtiity Musk System In Lobtqr. :'.' V-xcltnirt Snlei Agents MOORE REALTY HEmlock 5-1126

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