anaheim-gazette 1954-02-04
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OBLONG VIEWS
(From an Egg-Shaped Heed)
By WALDO HUNTER, P.S.B.
Throbbing and pulsating on Wall Street, New York City, U.S.A., is that mysterious thing called the Stock Exchange which is vital to the economy; more important to the destiny of this country than is the White House; and a maker and breaker of men, businesses and nations.
So long as it continues to throb and pulsate, we are in good shape and can buy that new gas kitchen range with the built-in clock and turkey eviscerator, on time payments.
But, when it begins to lie dormant . . . oh brother, can you spare a dime?
This column has maintained a standard practice (Standard Operating Procedure we used to call it back in Co. A, 132nd Rifles) to impart knowledge on knotty problems. The Stock Market is one of the knottiest.
No one, except financiers know anything about it. I have always puzzled over why newspapers require their help to print those long columns of tabulations on the Stock Market page, unless they have some diabolle program under way to drive Linotype operators into idiocy.
But to get on with today's lecture, I have taken excerpts from a typical article on Stocks which appeared in a typical U.S. daily newspaper. I have lifted the veil of secrecy from this mumbo-jumbo with brief comments following each paragraph.
they have some diabolic program under way to drive Linotype operators into idiocy.
But to get on with today's lecture, I have taken excerpts from a typical article on Stocks which appeared in a typical U.S. daily newspaper. I have lifted the veil of secrecy from this mumbo-jumbo with brief comments following each paragraph.
"NEW YORK (AP) — The stock market worked itself through mild profit-taking yesterday and ended with a look of complete irregularity."
(Don't we ALL, at the end of the day?)
"There were more gainers than losers, but prices on average were lower. While the accent was on strength or weakness in individual issues, the oil division displayed group strength."
(And why not, the way that clunker of mine is eating the stuff?)
"Cause of the profit-taking was the four-day rise last week that took the stock market up to a new recovery high at the best level in eight months."
(Undoubtedly a result of increased soo down, lec-a-week-for-five-years appliance sales campaigns.)
"The Associated Press average of 60 stocks was down 10 cts. at $110.80. The net change was accomplished through a 40 ct. drop in the industrial component, a 20-ct. rise in the utility section, and unchanged railroads."
(This is a little cloudy, but as for the remark about the railroads, I suppose it means that the rails are still five feet, two inches apart.)
"The number of gainers at 530 held a good edge over the 365 losers out of the 1,160 issues traded altogether. There were 45 new highs for 1953-54 touched during the day as compared with only three new lows."
(Wrong! I was in a joint on West Fourth street in Santa Ana last Saturday night, and THAT was really a new low.
"The distillers as a group were higher along with the oils and utilities, but they showed little activity."
(Well, it doesn't take an economic wizard to figure out why a distiller would be high).
"The American as a whole was mixed. Higher were Stinnes, Humble Oil, Imperial Oil, St. Lawrence Corp., and Webb & Knapp. Lower were Brown Co., Consoli..."
WINNING ORATOR — Sixteen-year-old Donna May, center, was declared winner of the Anaheim American Legion post's annual Constitution oratorical contest when it was held Monday night. Miss May, a student at Marywood High School, based
Cartwright Opens Office Named on Gazette's Stat
The opening of a new professional office and the re-establishing of a former association along broader lines of endeavor were announced jointly this week by Theodore Kuchel, publisher of the Anaheim Gazette, and Jack Cartwright, formerly associated with the Gazette.
Cartwright is opening a public relations, publicity, and advertising office in the Gazette offices to handle general public relations, advertising and publicity for various clients. He also has been appointed special assistant to the publisher of the Anaheim Gazette. In this capacity he will handle promotional matters for the Gazette and serve as the newspaper's promotion editor-manager.
Broad Experience
Cartwright's public relations background includes many years of operations in that field.
He formerly maintained offices in Hollywood, San Francisco and Reno, Nev., and handled political campaigns, resort hotels, industrial concerns, motion picture producing firms and motion picture personalities.
At one time Cartwright was on the staff of the publicity department of Paramount Pictures as West Coast studio manager of the...
"The distillers as a group were higher along with the oils and utilities, but they showed little activity."
(Well, it doesn't take an economic wizard to figure out why a distiller would be high).
"The American as a whole was mixed. Higher were Stinnes, Humble Oil, Imperial Oil, St. Lawrence Corp., and Webb & Knapp. Lower were Brown Co., Consolidated Mining, Creale Petroleum, Molydenum, and Pacific Petroleums."
(The first sentence makes sense. Where could you find a guy today more mixed up than the average American?)
"Atlas Plywood on the American Stock Exchange was off 1½ after directors took no action on the common dividend."
(No guts.)
Another thing that always baffled me was the daily "quotations." For example:
Bulova W Sa 2 35.4 35.2 35.2—This one, however, is easy to decipher.
They just couldn't get the thing wound up.
Well, now that we have finished our lesson on the Stock Exchange for today, let's all go out and buy heavily in American Can. The Crane Company has made billions dabbling in that field.
Membership Drive
Harriet Held, president of the Anaheim Ikettes, initiated a drive for new members when the club met at the Investment in Youth building for the January meeting. According to membership chairman, Irene Martin, the drive will continue until March 1.
Hostesses for the meeting were Dorothy Wingert, Katherine Ashworth and Beverly Wick who planned a social evening of cards.
He formerly maintained offices in Hollywood, San Francisco and Reno, Nev., and handled political campaigns, resort hotels, industrial concerns, motion picture producing firms and motion picture personalities.
At one time Cartwright was on the staff of the publicity department of Paramount Pictures as West Coast studio manager of the short subjects department and later was national director of public relations for Screen Guild Productions. Later he formed Jack Cartwright and Associates, an independent public relations office, and Jack Cartwright Productions (Continued on Page 3)
David Hanson Commissioned at NOCS Ceremony
David Hanson, son of Mr. and Mrs. O. E. Hanson, of 314 S. Ohio St. Anaheim, was one of approximately 770 newly Commissioned Officers in the Naval Reserve receiving their commissions during the graduation exercises, Jan. 29, at the Navy's Officers Candidate School.
Hanson arrived at the International Airport, Burbank, 5 a.m. Saturday, Jan. 30. According to his father, O. E. Hanson, Bank of America president who met him, it took approximately three hours to reach Anaheim from the airport; the fog was so intense.
Ensign Hanson, US NR, an Anaheim resident nearly all of his life, received his B. A. degree in 1953 from Whittler college. The newly Commissioned Officer will leave Anaheim about Feb. 12 for Indian Head, Maryland, to enter Explosive Ordnance training.
Robert P. Kneeland, 37, of Ana, today announced his intention to be a candidate for office of District Attorney in range County in the June prosecution. For more than five years he has been serving as deputy trict attorney under James Titus, incumbent, who has annexed his intention not to run for election and to support Knox to succeed him. Knceland has served as one of Davis' chief deputies.
Kneeland was born and raised North Dakota. He received A. degree from Jamestown College and graduated from the University of Michigan Law School 1941. He spent the next 4½ in the Army, rising in rank private to major, and serving seas in New Guinea and the ippines.
Services Thursday
For Christy Fox
Christy Fox, ten-month daughter of Mr. and Mrs. R Fox, died Monday afternoon Hollywood Children's Hospital a brief illness. The home is at 1624 E. Cedar S In addition to the parent child is survived by two brothers Gary and Tony Fox and one Carol Fox all at home; parrand-parents, Mr. and George W. Hale of Pasadena Mr. and Mrs. Roy M. Fox of Beach and maternal grandpa Mr. and Mrs. J. C. William Santa Ana.
Funeral services will be ducted from the Hilgenfeld on Thursday afternoon at 2 o'clock Floyd Thompson, pastor of Church of Christ in Santa Clara will officate and burial will made in Loma Vista Men Park.
OF DEVOTION TO ALL THAT IS GOOD IN ANAHEIM
HEIM GAZETTE
ORANGE COUNTY'S OLDEST NEWSPAPER ESTABLISHED IN 1870 PUBLISHED EVERY THURSDAY
ANAHEIM, ORANGE COUNTY, CALIFORNIA, THURSDAY, FEBRUARY 4, 1954
Annexation Plan Beaten at Election
Three absentee ballots which were ruled invalid week provided the margin of defeat in an election on an indication of several hundred acres in West Anaheim. The tion was declared lost yesterday by Superior Judge Shea. During the election last Aug. 7, a total of 93 were cast, with 50 against the issue and 43 in favor. When 10 absentee ballots were counted, the tally was nine to one in favor, thus making the final official tabulation 52 to 51 in favor of annexation.
Atty. James E. Walker, representing H. G. Carlin and 11 other property owners in the area, challenged the final outcome, attacking the validity of the absentees.
They contended successfully that some of the persons who voted absentee had not made proper application for absent-voter ballots.
Judge Shea ruled with them on three of the absentees which were submitted during the pre-trial examination last week. He found that the invalid votes would make the election a tie, 50 to 50, and that the issue did not have the required margin to carry.
His latest ruling was to order not aside the city council calls.
Countians Foot Bill for State Plan
People of Orange county paying about $33,498,000 just finance the state government 394,000,000 expenditure prior to 1953-54, California Tax Association declared today.
This is on top of the $150,273,000, which must be carried by the county share $6,250,000,000 federal tax which fall on Californians so of the $70,902,000,000 revised spending estimates fo
Gwen-year-old winner of post's antest when Miss May, a school, based her speech on the Bricker amendment. At left is Gwen Holly Simpson, Marywood drama and speech instructor, and at right is Ed Dailey, Anaheim Legion post commander, who is presenting Miss May a $15 check as first prize.
Prorate Imposed on Valencia Growers
The U. S. Department of Agriculture announced this week that it was going to impose proration upon the California valencia grower. The department, in its news release, says that the decision was based upon evidence received at a public hearing held December 7th through 10th, 1953, at Los Angeles, California. It said nothing about the number of growers who appeared in their own behalf.
The order itself, it is not an "agreement" but an iron clad instrument, is the same old volume proration which may also regulate the size which can be shipped. It has nothing to do with quality, price or return to the grower. It has everything to do with what time of the year the Orange County valencia can begin to move to market and how soon we must get out of the market because of the northern navel crop being ready.
So we are back to the old "Gestapo" methods of determining who shipped an extra box of fruit or sold an extra box of fruit—no matter what the price—and the allocation of the weekly volume will be made by the same old bunch who control but have no responsibility to the man at the end of the line—the grower.
Persons desiring to file written exceptions to the recommended decision may do so with the Hearing Clerk, United States Department of Agriculture, Washington, 25, D. C., not later than Feb. 20, 1954.
Copies of the decision are available in the office of Mr. M. T. Coo
People of Orange county paying about $33,498,000 justiance the state government 394,000,000 expenditure prior for 1953-54, California Tax Association declared today.
This is on top of the $150,273,000, which must be to carry the county share of $6,250,000,000 federal tax which fall on Californians of the $70,902,000,000 revised spending estimates for year, 1953-54.
It is also on top of the local tax bill to finance the city, cities, school districts, and cial districts in thecounty.
"Unless the state legislature its March session holds a tip on state spending, new and creased state taxes are a reager," the taxpayers' assoc said.
"These past two years the of California has run 'in the some $152,000,000 in its fund—covered y the war-bu pluses of earlier years," she explained.
"If the legislature is to the fast-dwindling surpluses state as far as possible I have the backing of every my-minded man and wor California."
"The welcome, but small tax reduction which they are now enjoying could be out by state tax increases."
"Citizen demands to the isolators for state economy prevent the loss of federal lifef," the association said.
Government Go Out of Logging Sawmill Business
The Department of Defer notified Senator Thomas H chel (R-Calif.) it is without from the logging and sawmill business.
Complaints were filed with chel last summer by Cal lumber companies when th e partiment announced it was ing to harvest timber on the Air Force Base in Florida would operate a sawmill w listed personnel. Thomas Deputy Assistant Secretary fense, reported to Kuchel t Air Force is discontinuin
Services Thursday For Christy Fox
Christy Fox, ten-month old daughter of Mr. and Mrs. Roy M. Fox, died Monday afternoon at the Hollywood Children's Hospital after a brief illness. The family home is at 1624 E. Cedar Street. addition to the parents the old is survived by two brothers, Bryan and Tony Fox and one sister, Carol Fox all at home; paternal grandparents, Mr. and Mrs. George W. Hale of Pasadena and Mrs. Roy M. Fox of Long Beach and maternal grandparents, J. and Mrs. J. C. Williams of Santa Ana.
Funeral services will be conducted from the Hilgenfeld chapel Thursday afternoon at 2 o'clock. Jayd Thompson, pastor of the church of Christ in Santa Ana, officate and burial will be made in Loma Vista Memorial Park.
Four delggates from St. Michael's Episcopal Church of Anaheim to the 59th Annual Convention of the Diocese of Los Angeles of the Protestant Episcopal Church of America reported to St. Michael's parish members at the regular 11 a.m., Sunday Service.
Their reports, requested by The Rev. John Kimball Saville, rector of the church and Dean of the Episcopal Convocation of Long Beach, were given in place of the usual Sunday sermon.
The delegates reporting were Mrs. Richard Greedus, representing the Women's Auxiliary of St. Michael's. Russell Ireland, Jack Cartwright and Lawrence Allen, representing the parish at the convention proper.
Mrs. Greedus reported on the activities of the Women's Auxiliary throughout the Diocese of Los Angeles and told of the many activities of both a church and welfare nature in which the auxiliaries had participated over the past year. She also gave a resume
At a meeting of the Young Peoples Fellowship of St. Michael's Episcopal church on Sunday, Jan. 31, retiring president John Phelps banded the gavel to incoming president Ronny Snowden. Other new officers seated were vice-president Nick Boldyreff, secretary Ronald Stouter, and treasurer, Charlene Ritts.
A report was given of the joint dance given the previous Friday in conjunction with the YPF of St. Andrews church in Fullerton. The very successful Feast of Lights pageant held January 10 under the direction of Joe Thompson was also discussed.
Delegates to Episcopal Diocese Convention Report to Parish
of the financial statuss of the organization, for what various funds had been expended and the estimated expenditures for the auxiliary work for the present year.
Mr. Ireand reported on the pre-convention Thanksgiving Service at St. Paul's Cathedral the night before the convention opened. He told of an address by the Right Rev. Eric Francis Bloy, Bishop of the Diocese, the state of affairs within the Diocese and the success of the recent Diocesan Episcopal Advancement Fund campaign. This Fund, he said, was over-subscribed by almost a quarter of a million dollars and added contributions were still coming in. Mr. Ireand also touched on the "stirring spiritual message" delivered by the Right Rev. Donald James Campbell, Suffragan Bishop of the Diocese. Holy Communion Services and sermon of Bishop Coadjutor Frederick Warnecke of Bethlehem, Pa. guest of honor and principal speaker for the opening services of the convention.
Father - Son Banquet Wed.
The Annual Father-Son quet will be held next Wednesday at 6:30 p.m., in the Fremont cafeteria. This year's get-tter will feature C. Corbin D. of Pacific Telephone who show and explain the wave-radio relay as used transmission of television grains over the nation.
The Father-Son banquet is sored jointly by the Fremont ent-Teachers Association and honso, Fremont's honorary sits purpose: allows the father get together with his son-school, besides offering a look at various school activities which the boys take a part.
Also presented during the ning's affair will be selective members of the Fremont bar der the direction of A. E. P. and songs by Francis M Boys' Glee club. The ind arts shops will be open for evening.
The steak dinner, prepare the cafeteria staff, under the section of Mrs. Jeannette will be topped off with apples-a-la-mode.
IN ANAHEIM
ETTE
No. 66
on Plan Election
were ruled invalid last
at in an election on annexaWest Anaheim. The elecby Superior Judge John
Aug. 7, a total of 93 votes
Countians
Foot Bill for
State Plan
People of Orange county are
lying about $33,498,000 just to finance the state government's $1,-4,000,000 expenditure program
1953-54, California Taxpayers' association declared today.
This is on top of the about
50,273,000, which must be paid
carry the county share of the
250,000,000 federal tax costs
which fall on Californians as part
the $70,902,000,000 revised federal spending estimates for this
'SPACE RACERS' TAKE OFF
ON ANAHEIM YMCA DRIVE
Rocket ship Commanders under
the direction of Space Admiral Edward Hawkins and Walt Taylor "zoomed off" this morning at 6:30 o'clock for Planet Victory in the 1954 Anaheim YMCA "Space Race" Sponsoring Membership Enrollment.
Heading up Rocket Ship divisions in the mythical "Space Race"
are above left to right (rear row)
Frank Kellogg, Clyde Nickle,
Wilbert Bonney, David Collins,
Charles Frank and Steve Holden.
Front row: left to right are President Warren Ashleigh, Avon Carlson, Space Admirals Walt Taylor and Edward Hakwins and Commander Mel Gauer.
The first report meeting will be Thursday at 9:29 p.m., at the YMCA "Space Race" Base, 121 S. Citron, according to John Bertch, Space Pilot and General Secretary of the "Y."
ROBERT K. WALKER
People of Orange county are paying about $33,498,000 just to finance the state government's $1,-4,000,000 expenditure program in 1953-54. California Taxpayers' association declared today.
This is on top of the about 50,273,000 which must be paid carry the county share of the 250,000,000 federal tax costs which fall on Californians as part of the $70,902,000,000 revised federal spending estimates for this year, 1953-54.
It is also on top of the heavy local tax bill to finance the councils, cities, school districts, and special districts in the county.
"Unless the state legislature at March session holds a tight lid on state spending, new and increased state taxes are a real danger," the taxpayers' association said.
"These past two years the state California has run 'in the red' some $152,000,000 in its general fund—covered by the war-built surges of earlier years," the group explained.
"If the legislature is to spend the fast-dwindling surpluses of the state as far as possible, it must have the backing of every economy-minded man and woman in California."
"The welcome, but small federal tax reduction which the people are now enjoying could be wiped out by state tax increases.
"Citizen demands to their legislators for state economy can prevent the loss of federal tax reef," the association said.
Government Gets Out of Logging, Sawmill Business
The Department of Defense has notified Senator Thomas H. Kuelel (R-Callif.) it is withdrawing from the logging and sawmilling business.
Complaints were filed with Kuelel last summer by California timber companies when the department announced it was starting to harvest timber on the Eglin Air Force Base in Florida and would operate a sawmill with enlisted personnel. Thomas Pike, deputy Assistant Secretary of Defense, reported to Kuelel that the air force is discontinuing this Four Year Record Set in Sales
Robert K. Walker and DeWitt R. Lee, president and vice-president, respectively, of Walker & Lee, Inc., prominent Southland realtors, this week announced that their firm in 1953 had a record-breaking figure of $22,387,405.00. This is the fourth successive year Walker & Lee's sales have exceeded twenty million dollars., it was stated.
Said Mr. Walker: "This 1953 figure of $22,387,405.00 represents 1944 transactions for such well-known builders as: Cunningham Co., Austin Sturtevant Co., MacBright, Inc., M J. Brock & Sons, Ralph Weiner, Jack Baskin, Ivan Hale Construction Co., Ross W. Wells & Sons, Hale Construction Co., Ross W. Cortese, Douglas W. Edwards, and J. Alvin Howell. In 1954 we expect a greater year as our builders are planning huge developments, particularly in Orange County."
"We are particularly optimistic about our brokerage month business as December was the best average of 180,000 checks on the State Treasury each month, the operations of the Controller's office."
Complaints were filed with Kuebel last summer by California member companies when the department announced it was starting to harvest timber on the Eglin Air Force Base in Florida and would operate a sawmill with enlisted personnel. Thomas Pike, deputy Assistant Secretary of Defense, reported to Kuebel that the Air Force is discontinuing this operation and is looking into methods by which it will be performed by private industry.
Father-Son Banquet Wed.
The Annual Father—Son banquet will be held next Wednesday at 6:30 p.m., in the Fremont school cafeteria. This year's get-to-geth-will feature C. Corbin Devalon Pacific Telephone who will now and explain the micro-ave-radio relav as used in the transmission of television programs over the nation.
The Father-Son banquet is sponsored jointly by the Fremont Par-t-Teachers Association and Fre-nso, Fremont's honorary society. Its purpose: allows the father to get together with his son at the school, besides offering a look into the various school activities in which the boys take a part.
Also presented during the evening's affair will be selections by members of the Fremont band under the direction of A. E. Bourne, and songs by Francis Martin's boys' Glee club. The industrial arts shops will be open for the opening.
The steak dinner, prepared by the cafeteria staff, under the direction of Mrs. Jeannette Evans, will be topped off with apple pie-la-mode.
Announcement was made this week of the sale of the Hide-Out cafe, on Euclid Ave., to von der Hellen Ltd. It will be under the active management of Harold von der Hellen who has just disposed of the Turf Club, Rosemead and Telegraph Road.
The new concern announces that Fritz Goosens, Garden Grove, will begin the immediate construction of a large new steak house to the immediate south of the present Hide-Out. Harold von der Hellen said that he and his associates will operate the Hide-Out until the new structure is available. It will be one of the largest in the county and will have several large separate dining rooms.
Enters University In Washington, D.C.
Miss Dorothy Jean Kuchel, daughter of Mr. and Mrs. Ted Kuchel, left Sunday for Washington, D. C., where she will enter George Washington University for the next semester's work. As a sophomore at SC Miss Kuchel has been enrolled in the College of Liberal Arts.
She plans a similar course at GWU and plans returning to SC for the Fall semester.
Utt A Candidate For Re-election
James B. Utt of Santa Ana has announced that he will seek re-election to the office of Representative in the United States Congress from the 28th California Congressional District comprising all of Orange County and the coastal area of San Diego County.
Utt is now serving the second half of his first term in Congress in Washington, following his election in the 1952 general election.
Assigned to the Ways and Means Committee, one of the only two freshman Congressmen to receive this desirable assignment in the past thirty years, Utt has been a powerful ally of Committee Chairman Dan Reed in his fight to reduce taxes and to remove the strangle-hold of Government on small business.