In ltconfig, there are
if test "X$HPUX_IA64_MODE" = X32; then
sys_lib_search_path_spec="/usr/lib/hpux32 /usr/local/lib/hpux32/usr/local/lib"
else
sys_lib_search_path_spec="/usr/lib/hpux64 /usr/local/lib/hpux64"
fi
What is /usr/local/lib/hpux32/usr/local/lib?
H.J.