Wall Street Sees Mixed 1958 Profit Outlook
Anxious eyes on Wall Street as early earnings reports hint at mixed profits for 1958. Some firms show gains in net income while others report declines or losses, with totals up about 6.6 percent year over year. Predictions remain cautious as executives outline expectations for year end results and 1958 performance.
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Ism Ag
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American Motors
Minute Said Corp
Milllion
Louisvile & Nashville
Norfolk & Western
Oldest profession makes comeback in Tokyo amid penalties
Police estimate 60,080 prostitutes resumed work after prostitution was banned last April, with up to 10 years in prison and fines reaching 390,000. No courts have yet imposed the maximum penalties.
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