Predicted Inflation Upbeat for Second Half of 1957
A U S Chamber of Commerce outlook survey projects slowly rising business activity and continued creeping prices through the rest of 1957. Dr. Emerson P. Schmidt foresees overall earnings hitting a record 435 to 440 billion dollars, about 6 percent above 1956, with price increases driving much of the gain. Industry faces expansion pressures, and some panelists warn expansion must slow to avoid overextension.
MENTIONED IN THIS ARTICLE
Wasiington
U.S. Chamber of Commerce
Sie Segs
Ken
Emerson P. Schmid
Hitory
Schmidt
William A. McDonnell
First National Bank of St. Louis
McDonnell
Schinigl
Tle
Congress Nors
Supreme Court
Bunker McDongell
Chamber
Finance Committee
Oil drilling reports from Kimball and Weld counties in Colorado
Oil reports from Kimball County and Weld County Colorado show several wells in various stages. Sloss field near Cornish New Raymer and Severance completes 70 producing wells shipping over 9000 barrels daily. Discovery by Lewis Brother Carter-Dodge and Stuartco in Kimball County six miles north of Weld line reports Bourlier No 1 with a drill stem test yielding oil, water, and mud. The Kimball field averages over 000 barrels per day. Orris fields in Pierce and nearby areas list multiple drillings and perforations with depths ranging to about 9306 feet and perforated sands near 9290 to 9284 feet.
MENTIONED IN THIS ARTICLE
California
Pierce Field
Gertrude King
Sesw
Apra Geil
Shell Oil Company
Weld County
Don M. Rounds
Sanford Oil Company
McKenzie Field
Nwne
Kimball County
Nebraska
Denver Basin
Sloss
James P. Sloss
Greeley
Cornish
New Raymer
Severance
View Discovery
Lewis Brother Inc
Carter-Dodge Oil Company
Stuarco Oil Company
Bourlier
Rimball Oil Output and Orchard Field Purchase Noted in Colorado
Rimball in Banner county reports 3,145,060 barrels produced with current daily output near 1000 barrels in July. Orchard Field near Colorado Springs, controlled by Landauer Smith Associates and others, was acquired with interests in the east of Greeley. Field shows production at D and J sands.
MENTIONED IN THIS ARTICLE
Banner County
Orchard Field
Vics Loc
Colorado Springs
Greeley
Landauer, Smith & | Associates
J Sands
Taming Shirt Brings Destroyer to Rescue of Salmon Fisherman
A distress signal formed from a gasoline soaked shirt lit afire guiding the U S destroyer George Anderson to rescue salmon fisher man Jerk Costes who drifted five days aboard a bare craft off the California coast about 200 miles south of the Golden Gate. A Coast Guard boat towed him in after the destroyer spotted a flame in heavy fog and radio failure hindered earlier search efforts.
MENTIONED IN THIS ARTICLE
Monterey
Calif
U. S
Pacific
Jerk Costes
California
Coast J Guard
Hie
San Francisco
Golden Gate
Coates
Coast Guard
George Anderson
Tribune
French Freighter Navigates Suez Canal
The 4,665 ton French freighter Picardie steamed north through the Suez Canal Sunday, the first French flag ship to navigate the waterway since the invasion of Egypt, signaling renewed French maritime presence in the region.
MENTIONED IN THIS ARTICLE
Suez
Egypt
Suez Canal
Also Mentioned on This Page
Greeiey
Goio
Safeway
RODEO
Nlex
Soilax
Mrs. Wright
Cold Brook Margarine
Aplecholee
Ros
Savy Soni
Bel Air
Kraft
Ballony
Cvyensim
Ess
Sriserte
AL G. Kelly
Miller Bros
Greeley-Rosedale
Farmer's Special
Harry Cameron
West Ninth St
Colorado
Races
Chamber of Commerce
8Th Avenue
Hugh's Drive-In
9Th Street
Gamfield Hotel
Pam
Shaw
Tre Ruth
Maureen O'Hare
Tim Hovey
John Forsythe
Webbie Reynolds
Ernest Borgnine
Bette Davia
Island Grove Park
Dune
Faure
Pat Jones
Dodges Clowns
Greeley Junior Chamber of Commerce
Disneyland Sa
Desert
Willy
Extral Jr
Weod, Joe Butterfly
Walelashey
Cuan Toe
Owe
Halana
Patten - York
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