Investors Forum Money Expensive These Days
Investor article notes higher discount rates from 4.5 to 5 percent, lowering gilt edged bond prices and Treasury issues trading around 78 cents on the dollar. It lists several corporations with bonds at distressed prices and advocates careful buying of preferred stocks. It warns money will likely stay expensive, urges watching Federal Reserve actions, and mentions broad bank and Fed system assets and member banks.
MENTIONED IN THIS ARTICLE
Harry C. France
Federal Reserve Banks
U.S. Treasury
America
New York Stock Exchange
American Telephone and Telegraph
Consolidated Edison
General Motors Acceptance Corp
International Harvester
International Telephone and Telgraph
Montgomery Ward
Pacific Gas and Electric
Standard Oil of New Jersey
Texaco
U.S. Steel
New York City
General Motors
International
Niagara Mohawk Power
Federal Reserve Board
Fed
Federal Reserve System
Federal Reserve Bank
Cub Scouts Hold Pack Meeting In Biddeford
The April Biddeford Cub Scout Pack 305 meeting at Scout Hall on Mason Street featured the theme Keep America Beautiful with Littlebug Monsters posters and litterbags. Den 5 led by Mrs. Dorothy Poirier opened ceremonies. Bobcat inductions were conducted by Cubmaster Philip S. Hatch with Den Chief Norman LaChance.
MENTIONED IN THIS ARTICLE
Hatch
Anthony Colomb
Troop 1 Building Association
Davey Jones
Locker
Den 1
Den
Ruth Travers
Robert Hevey
Ronald Dubois
Stephen Collette
Rodney Grenier
Michael Travers
Mark Perreault
Brian Adams
James Travers
Paul Perreault
Cubs
Biddeford
Troop 2 Building Association
Mason Street
America
Den 5
Dorothy Poirier
Eric Sheltra
Mark Poirier
Carl Poissant
Michael Bouthillette
Brian Thibodeau
James Beaudry
Charles E. Landry Jr
Norman Allaire
Thomas Warner
Philip S. Hatch
Norman LaChance
Charley Lan
Knights of Columbus to Host Whist Party in Union Ave Hall
The Old Orchard Beach Knights of Columbus hosts a whist party Sunday at 8 p.m. in Columbus Hall Union Avenue with prizes. Also an AMVETS Auxiliary card party will follow Sunday at 8 p.m. at the post home Walnut.
MENTIONED IN THIS ARTICLE
Orchard Beach
Old Orchard Beach
Knights of Columbus
Columbus Hall
Union Avenue
Abbot - Verville Amvets Tuxiliary
Post Home
Walnut Street
Cub Scouts Den Meeting At Aube Home
A den meeting of Cub Scouts neighborhood Den 324 was held yesterday afternoon outdoors at the home of Mr. and Mrs. Emile Aube on Smithwheel Road. Awards were given and nature walks enjoyed by adults and youth. Jerry Sander was introduced as the new Cubmaster by retiring Emile Rube.
MENTIONED IN THIS ARTICLE
Old Orchard Beach
Emile Aube
Smithwheel Road
Jerry Sander
Emile Rube
Ronald Littlefield
Chris Staples
Denner
Howard Turner Jr
Charles E. Fortier Jr
Gary Carter
Robert Clifton
Darryl Clifton
Lawrence Staples
Howard Turner
Carl S. Littlefield
Charles E. Fortier Sr
Fortier
Littlefield
Maine Mineralogical Society Banquet Hosted in Portland
The Maine Mineralogical and Geological Society held its annual banquet Friday at 6 30 p m in the Portlander. Ralph Wentworth of Portland served as master of ceremonies. Miss Jessie Beach, first woman member, spoke on the society’s history. Dr Robert N Miller of Gorham State College presented on Rock Hounds Quandary and geologic structure in southwestern Maine. Attendees included society officers and members from Saco Springvale Kennebunkport Old Orchard Beach Biddeford and other towns.
MENTIONED IN THIS ARTICLE
Maine Mineralogical and Geological Society
Portlander
Columbia Hotel
Congress St
Portland
Ralph Wentworth
Jessie Beach
Marion Banks
Maine
Robert N. Miller
Gorham State College
Miller
Miss Banks
Sarah Bridge Graves
Francis MacDonald
Saco
Elmer E. Allen
Springvale
Alexander Hamilton
Kennebunkport
C. Paul Wight
Walter M. Wuth
Henry Prue
Old Orchard Beach
Richard DesRoberts
Chadbourne
Biddeford
Kennebunk Open House Draws Record Parent Attendance
Park Street School hosted its annual Spring Open House with a record turnout of parents. An informational session for grade 7 entrants explained grouping and placement procedures while pupil art and school work were displayed. refreshments were served.
MENTIONED IN THIS ARTICLE
Kennebunk
Park Street
Europe
Crete
Der
House Mother's Committee Members Named
Those serving were Mrs. John York, Mrs. Thomas Reagan, Mrs. Fred Holmberg, Mrs. Oger Gonneville, and Mrs. John Cummings.
MENTIONED IN THIS ARTICLE
House Mother’s Committee
John York
Thomas Reagan
Fred Holmberg
Oger Gonneville
John Cummings
Kennebunk Church Women Plan Smorgasbord and Gospel Singers
The Christ Church Women's Fellowship annual meeting in Kennebunk starts with a 6:30 pm smorgasbord and an 8 pm Job Corps Gospel Singers program. Circle 4 members serve the meal. both men and women are invited. Also, the Maine Arts and Crafts May meeting meets Thursday at 7:45 pm at Webhannet clubhouse Fletcher Street with talk by Mrs Donald Maire of Minot.
MENTIONED IN THIS ARTICLE
Women’s Fellowship of Christ Church
Job Corps Gospel Singers
Circle 4
Women’s Fellowship
Maine Arts and Crafts
Webhannet
Fletcher Street
Kennebunk
Donald Maire
Minot
Auburn-Lewiston Arts and Crafts Association
Will
Asia
John A. True
Bernard
Final Yankee Belle Chorus rehearsal before Albany trip
Wilkinson and Mrs Lynette Melnichuk of Casco will attend a final rehearsal tomorrow at 7 30 p m at Christ Church before leaving Friday for a competition in Albany New York. John Walsh, wintering in St Petersburgh Florida, returns to spend summer with his niece Mrs George Anderson on Sea Road. Mrs John Miller returns home on Friend Street after a 15 day stay as a surgical patient at Webber Hospital Biddeford. Allan Haines returns home after a tonsillectomy last Friday. John A True Jr of Kennebunk is a patient at Maine Osteopathic Hospital Portland after a car jack incident. Chancellor Comdr Dorrance Clark presided at Myrtle Lodge Knights of Pythias meeting where aliens were made for joint anniversary with Ivy Temple Pythian Sisters.
MENTIONED IN THIS ARTICLE
John A. Ward- Kennebunk
John Jacobs
Penobscot
John A. True Jr
John A. True Sr
Kennebunk
Maine Osteopathic Hospital
Portland
Comdr. Dorrance Clark
Myrtle Lodge
Knights of Pythias
Ivy Temple Pythian Sisters
Saco Car Crash Involves Two Young Drivers
Saco police report a rear collision on Main Street involving Lloyd F. Chute twenty of 20 Mechanic Street Saco and Robert T. Hershberger twenty six of West Grand Avenue Old Orchard Beach.
MENTIONED IN THIS ARTICLE
Saco
Lloyd F. Chute
Mechanic St
Robert T. Hershberger
West Grand Avenue
Old Orchard Beach
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