Independent Press-Telegram from Long Beach, California on January 4, 1959 · Page 60
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Independent Press-Telegram from Long Beach, California · Page 60

Long Beach, California
Issue Date:
Sunday, January 4, 1959
Page 60
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10--fARADE OF PROGRESS lndep«ndtnt-Prtu-Ttl»gr*m i--··--k,c^«^ l^\v^4?$?^ POWERFUL NAVY UNITS IN LONG BEACH BASE facilities with the mainland. the channel giant battle- Island Navy Acme Mattress Co. Produces Finest in Sleeping Comfort GLENN R. BRACKEN Mortgage Funds Available Bracken Sees Ease in Money Glenn R. Bracken, president of the Bracken Mortgage Co., announced that an increased supply of low interest rate, long-term mortgage m o n e y .Will be available through his firm in 1959 despite the generally tight money market that prevailed throughout the country for most of 1958. ·This favorable condition due to an unprecedented accumulation of institutional and private funds for investment by the Bracken Mortgage Co. in trust deeds of all types. These Include FHA, GI, construction, conventional and second mortgage loans on an individual or tract basis and covering both old and new properties. : * * * * A THIRD GENERATION business, the Braqken Mortgage Co. offers one of the most complete and reputable loan services in Southern California. Loan volume for the ycai Just completed was the largest achieved since the business was started by his late grandfathci over 50 years ago, and reflects the continuing growth of the organization and the confidence of the community in its policies and procedures. Bracken is well acquainted with the real estate loan market as a result of having been raised in that business, and having tailored his formal education along financial lines. * · · « HE IS AN honor graduate of Woodrow Wilson High School the California Institute of Technology, and holds 'a Master's Degree in finance from the Harvard University Graduate School of Business Administration. For three years he was a professor of real estate finance and investments at the University of Southern California and is currently on the teaching staff of UCLA where he conducts an evening class in real estate finance and appraising. As an active participant in community affairs,. lie is member-of the Chamber of Commerce and a director of the Better Business Bureau. The Brackens, including wife Marjorie, daughter Linda Jean and son Gary Russell, live in Long Beach. Glenn is an enthusiastic fisherman -- a sport equally enjoyed by Marjorie. Keeping abreast of the times has been''a big factor in the success of Acme Mattress Factory, 3425 E. Anaheim St. And the past year saw the company enjoy outstanding sales with its newest lines of sleeping comfort. A TV sleeper bed, which pro- Jvides reclining comfort and may be adjusted just right for TV I viewing or reading, became a big seller with the firm. Their new posture-pedic mattress and box spring, which has been a great leader for years, continued with high sales. The king- sized sleeper, foam rubber studio couch and combination hassock ..bed were among other leaders. STARTED IN 1932 in a small 30-by-60-ft, building, Acme has its kind in the entire South Coast area. Quality workmanship and service plus the use of tlie best materials available have been the key to success for the firm owned by Marion Wyatt. Besides the big factory and showroom at 3425 E. Anaheim St., Wyatt's firm' now has a commercial fumigating plant at 1349 Lonia Ave.; cotton processing plant at 2750 Daws'on Ave., and a spring plant at 1325 Newport Ave. The four plants cover more than 50,000 square feet and employ 35 people. It is a union operation. · · · · USING ALL of the very newest in equipment with the latest machine for each job to insure good workmanship, Wyatt installed a 512,000 bordering and grown into the largest plant of mattress ventilating machine. "This will give added life to every mattress we produce," explains Wyatt. With the most complete renovating 'plant in the Southland, Acme has among customers the U. S. government, many large steamship lines, .hotels and apartments. The Acme cotton processing plant supplies upholstering firms and other bedding manufacturers throughout the arpa. The ppring plant houses a woodworking shop to make and insure quality frames used in Acme products. Most springs are hand tied to assure uniform work. The main factory on Anaheim St. houses the mattress-making equipment, sales and showroom. There is also a foam rubber fabricating department in this unit. EVEN BUILDING NEW HOME FOR SELF Guy F. Atkinson Co. Is Doing Several Major Projects Here As one of the largest contracting and engineering firms in the West, the Guy F. Atkinson Co., Long Beach division, has seen many firms and homes forced to move when they constructed highways and bridges. Now progress has caught up with them! The Atkinson Co. must move to make way for a'new freeway. D. E. Root, vice president and Long. Beach area manager for the company, said the California Division of Highways right-of-way dept. has purchased the present yard and office site at 223rd St. and Santa Fe Ave., in connection with the scheduled construction of a portion of the San Diego Freeway. * » * * THE COMPA7ST has purchased 10 acres in an industrial area at 2250 E. Dominguez St., between Alameda St. and Wilmington Ave., near Dominguez, where they will build a new office building, shop and warehouse buildings. The new shop, two warehouses, lubrication building and storage building mil cover 17,435 square feet and will be of modified Soule steel frame and corrugated steel Biding with concrete floors. The office building will be of scored concrete brick walls and steel joints and have » floor area of 11,294 square feet, with an allowance for future additional expansion of 8,550 feet. WORK OJf THE NEW SITE is under way and the plans to vacate the present site by March 31. The Atkinson Co. has seen one of its greatest years in the Long Beach area with several multi-million-dollar projects under way. Currently the firm is building a new section of the Long Beach Marina, lifting and rebuilding a big transit shed on Pier A in the harbor, building the new Navy Landing and is Modern Equipment Used by Firemen All Long Beach Fire Department apparatus has been replaced during the past 12 years. It includes 20 pumper's, two hook-and-ladder trucks with one 100-foot extension ladder, two lireboats and aux-.. iliary units. All pumpers are equipped with high-pressure pumps, which break water into company small globules to absorb heat more quickly. the contractor on the huge Ninth St. and Ocean Blvd. bridges across the Los Angeles River here. It also did a major construe-" tion job in Riverside County for the Riverside Cement. Co., and many other smaller jobi throughout-the area. LARGEST IN SOUTHLAND Here is the home of Acme Mattress Factory, 3425 Beach. It is the largest factory of its kind in the E. A n a h e i m St., Long Southland area. Adopted Radios Early When the Long Beach Police Department equipped its prowl cars wtih two-way radios, in 1934, It was the first police department west of the Mississippi River to use such equipment prompt FllIEjVOLY SERVICE BRACKEN MORTGAGE C O M P A N Y REAL ESTATE LOANS · INTEGRITY · DEPENDABILITY · EXPERIENCE "A Local Business With Complete Understanding of Local Valt/cs" 1833 American Long Beach HE 2-7941 EVERY DAY IS GOLD RUSH DAY AT KNOTT'S BERRY FARM GHOST TOWN ... FREE PARKING NO ADMISSION CHARGE EVERY SATURDAY IS CAMERA DAY WITH SPECIAL SETS AND CHARACTERS FOR ALL SHUTTERBUGS. There's family fun for everyone when you spend the day at Knott's Berry Farm and Ghost Town. Children love to visit Old MacDonald's Farm, pan for real gold, catch rainbow trout at the Old Mill Stream, ride the Merry-Go-Round and the old Stage Coach. Mother will enjoy the Candle Maker'* Shop, the Weaver's Cottage, Moll's Museum of Rare Miniatures and the Basket Shop. Fathers have a special interest in the old Narrow Gauge Railroad, Harry's Gun Shop, the Bird Cage Theater and the authentic Old West Ghost Town. Com* eoily, plan to spend the whole day. CHICKEN DINNER RESTAURANT Open daily--12 noon to 8:30 p.m. (Except Monday and Tuesday) STEAK HOUSE Open daily--12 noon'to 8:30 p.m. (Except Friday) GHOST TOWN GRILL · Open daily--12 noon !o 8:30 p.m. KNOTT'S BERRY FARM and GHOST TOWN HIGHWAY 39, 2 MILES SOUTH OF SANTA ANA FREEWAY. BUENA PARK, CALIF.

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