Independent Press-Telegram from Long Beach, California on July 9, 1961 · Page 47
Get access to this page with a Free Trial

Independent Press-Telegram from Long Beach, California · Page 47

Long Beach, California
Issue Date:
Sunday, July 9, 1961
Page 47
Start Free Trial

\H BUSINESS CIRCLES Most Businessmen Expecting Upswing -oy Snuthern California, A r i-222.!) (proliminary), up l,9%|Long ,nn nnrt Nevada rv.isinnss- r,. nM + u « A«.-;I u;«i* -,,-,^ n iftf-motr* 7 ona and Nevada businessmen, more cautious than their counterparts in other regions of the West, hul more optimistic than ihrec months ago, predict a t h i r d - q u a r t e r economy upswing in the Prudential Insurance Co. Wcslcrn Business Forecast. By a 79 per cent vote of confidence. Southern C a l i - fornians, Ari/onians and Ne vadans serving on I he 1,000- Beach and San Diego prcssive showing during May from t h e April high, and 3.7% -metropolitan areas were o f f - w a s a t t r i b u t e d to: Siibslanti- over the same ycar-ago level,'set by declines in the South-]ally higher level of home- Gillespie said. Ten of the index's 14 components advanced between land, the hank slated. building activity; and award- Building and c o n s t r u c l i o n j i n g d u r i n g the month of an Nye to New Realty Post I.alcewrwid Mayor George Nye Jr. lias been appointed manager of a newly established commercial and. industrial division of Center Realty, 5445 Del Amo Blvd. INDtPENDENT-PRESS-TELEGRAM--R.5 LON6 HE*""" " CSLIF., SUND6Y. JULY I. 1)11 Has Relic Made by Eisenhowt?r System Fouled by Substitute ROCHESTER, N. Y. t/T) , A substitute cleaning woman 1 ABILENE. Kan. (/PI--The young hoy working in t h e fouled up the Board of Kdu-; Eisenhower Museum has becnj factory, Dwight D. Eiscn cation's s u b s t i t u t e teacher promised an old merry-go- s y slcm - round horse made here years I h A recording device in the a R O in a factory, board's offices receives cnllsj I t was sa , 1c i C (] down by a ac. y in t J . A p r i l and M a y , Gillcspiejarca climbed in May to t h e j e n g i n e e r i n g construction con noted, with bank "debits, realjhigliest level ever recorded in estate activity, building and a single month, Security said. engineering cons t r u c t i o n , [Total volume amounted m a n u f a c t u r i n g employ m e nti$375,160,000. On a and man-hours worked, all'adjusted b a s i s , that was!av erage level, seasonal f a c - e^Uonalyllrge volume of Center Realty President W. from elementary school prln- - . - · ' to tracts. Total building and con slruction for the f i r s t five of 1961 reached an W. Smith said the new d i v i - sion will "not c o n f i n e its in- for substitute _ . . _ . . teachers. A "secretary plays Double Trouble [back the requestj when she OKLAHOMA CITY I/?) -- ower. The g i f l was promised by Paul Parker son of the l a t e W. Parker who al onn time operated a merry-go- round factory in Abilene. but showing solid gains. member, 12-stale panel fore- Unemployment as a wllolc l n - !lh " ' cast business activity wil fell slightly between April; E · equal or exceed the t h i r d ' a n d May. The u n e m p l o y m e n t ! Accordin quarter of IfKiO. In the last I increases in the l.ns Angeles-search department q u a r t e r l y survey, 71 per ccn! of this region's panelists took equivalent to over $1.2 bil-| t o r s considered, equal to S3,- lion a year -- also a record .513(100,000 per, com' 'eh. j p a r c d with the actual total of According to the bank's re-1S3,50^,000.000 d u r i n g the rcc- -(crest m any specific arDa,j a r r i v e s j n , h e m0[ . ning , thcn! R i c h a r J Ranlo , 6, fell from a cover the entire| c a u s t n e available s u b s t i t u t e s . j t r c e an( j broke his ripht arm two inches above the wrist-three days after his 4'/4-year- old broh'cr. Robert, fell in a county of I.os Angeles as well Th e ( a pe W as blank two as Orange County." t h e im-.ord year of I960. mornings in a row. The clean- In a d d i t i o n to sales, l e a s i n g , i n g woman thought the ma- and development of bothj chine had been left on by .super market and broke his commercial a n d I n d u s t r i a l i m i s t a k e after t h e office w a s ' r i p h l a r m t w o inches above nroperties is available. '.closed. She turned it off [the w r i s t . Wrong School LAWTON, Okla. t/PI--Dum- my diplomas--559 of them-were passed otit to Lawson High School seniors at their graduation ceremony. A publishing company hart printed a sketch of a n o t h e r school h u i l d i n g on t h e diplomas. t h i s stand. The West, as a whole, shades t h i s region by t h r e e points of optimism as 82 per cent of the leading %vestern businessmen look for activity to ·'remain the same or surpass last year's third quarter. .-ALMOST HALF of the survey : respondents expect one 10 10 per cent, more activity in t h e next three m o n t h s . while o n e - f i f t h see an increase as high as 11 to 40 per cent over the same period last year. Less than a f i f t h feel that business \vilt decline. Construction and transportation-public utilities in the Western United States are the two ranking industries favored by n i n e out of 10 prognoslicalors in these fields for p a r i t y or i m p r o v e m e n t in the next q u a r t e r . Finance, trade, services and m a n u f a c t u r i n g share in the favorable o u t l o o k a n d i n creased optimism for J u l y , August and September. Although t h o s e representing the agriculture-extractive industry have less confidence than in previous surveys, even they, by a seven to three margin, predict business will equal or evened the third quarter of last year. FOR THE FIFTH consecutive month, .Southern California's business activity continued at record levels, establishing a new all-time high in May, Virgil B. Gillespie, vice president and manager of Sec u r i t y First National Bank's Long Beach branch, reported. The bank's "Monthly Sum m a r y of Business Conditions" pointed out that the business index for the area climbed to Realtors Yearbook Is Issued · ' Three h u n d r e d and I h i r t y - "fjve R e a l t o r s and 60!! Associ- ·^tes from the. Long Beach- '1,'akewoort area, members of -t,he Long Beach Board of ;R!ealtors, are listed in the · huge 304-page roster issue of ;f|ie California Real Estate -lylagazine now in the mail to 'all of the 34.000 members of ·The California Real E s t a t e ^Association, it was announced -.Ijy Gene Nebeker. president 'of t h e Long Reach Board, ·this represents a healthy growth in t h e membership, Said Nehpker. \ · The growth in m e m b e r s h i p M the statewide Association ' in the last year was more than 1,500 Realtors and real estate salesmen, according to Kenneth II. Smitten of San .Francisco, president. He sait that more t h a n 11,000 of t h e .members of the association arc Realtors -- real estate brokers recognized as quali- ficd professionals through ' t h e i r membership in the National Association of R e a l ' .Estate Boards. The Associate members are employed by Realtors. " Because of the reference l v a l u e of this special issue. ·riiore t h a n 2.000 additional copies are mailer! to major libraries, consuls, chambers of commerce, large corpora- M'ions, and others interested .in California r e a l estate ·throughout the country. .'.- T h e magazine c o n t a i n s riiany articles with numerous .'illustrations and charts tell- ·ihg the story of the d y n a m i c ^growth of California. -v A new feature is a map "section t h a t graphically i l l u s (.rates the many advantage; ;bf business and a g r i c u l t u r e in California. ',y One article tells of t h e ·California economy's d y n a m i ;growth from lflr0 to 196( ·Some of the s t a t i s t i c s re 'yealed in this a r t i c l e ar astounding, as a 10-year in '{·reasc of Ihe Slate populatio ' f r o m 10.586,223 in 1050 I ;j5,717,204 In 1060--a 48,477 · !ftc,jroasc. THE BEST HOME VALUE HUHTINGTON BEACH BIG COOLED PACIFIC QCIAN BREEZES DOWN LIBERAL F.H.A. AND CAl-VET TERMS Monthly Payments as Low as $93.88 · 3 4 bedrooms plus family room-2 baths · Pioneer all gas range and oven · Color coordinated range hood and light with electric fan ·Whirl-Away garbage disposal 9 · Forced air heating with thermostat control · Slumpstone or brick fireplaces · Lavish ash cabinets · Coved formica counters throughout « · Matico vinyl-asbestos tils ·Pullman cabinets in bathrooms ·Lifetime all copper piping · Saule all weatherproof sliding aluminum window* · Rock-wool insulation over entire ceiling ·Rigid "bridge-type" roof trusses · 100 amp. electrical service ·Plus--Jerrold Magic Carpet Hidden TV Antenna DIRECTIONS FBOH 1OS ANGELES-Sanla Ana Trwy. In liach llvj. (Kwy. 39}-7um right (leutS)on Bloh Blvj. la Sm«1li*r; thin right on S/nilriir. to modvli. Trem LONG BEACH--Drive ·ail on WaifmTntttr to SpringdoU it., right (louth) on JprjngdoT* fo Frem SANTA A»A-Drrv will on Bella to Biaih kW. (Hwy. 39)--Turn'lift (loulh) an B«ah Blvd. to Smilliir, thtn right en Smilltir to modlU.

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free