One object was observed by two male military witnesses on the shore for over three minutes.

Project Blue Book Assessment:

I. Description of Incident

At 1838 PST two duty officers at a naval station sighted an unusual large orange disc of light which hovered over the water for three to four minutes and then proceeded upward at a high speed. The object later appeared again and appeared to be a large yellow ball which, when looked at through binoculars, seemed to have a bluish tinge around the edges.

II. Discussion of Incident

At approximately this time the Navy and U.S. Weather Bureau released radiosonde and piball weather balloons and since the objects hovered and then climbed, it is felt that either one of these caused the incident. The orange disc description fits here also as many times a rising balloon will catch the setting sun's rays and appear to be a glowing ball.

III. Conclusion

Probably a weather balloon.

Google map of this location.