Moody's cautions on stock values and future gains
Moody's Stock Survey says stocks remain dearly priced and should be bought with caution and discrimination. No indication the market has topped. some issues show strong patterns yet lag the broad 12 month advance. Bache & Co. notes internal correction despite forward movement. Hay den, Stone & Co. expects more discounting of brighter prospects over 6 to 12 months. Poor's notes likely auto parts rise. several named firms cited. Brooklyn Union Gas expected to earn about 3.60 dollars a state with higher dividend.
MENTIONED IN THIS ARTICLE
New York
UPI
Moody's Stock
Hayden, Stone & Co
Bache & Co
Reynolds & Co
Poor
Kelsey-Hayes
Bendix Aviation
Borg-Warner
Dana Corp
Eaton Mf
Federal - Mogul- Bower
Gould - National
Libby- Owen-Ford Glass
Raybestos Manhattan
Stewart-Warner
Brooklyn Union Gas
Green, Ellis & Anderson
Panama Lottery Dominates Sales
Panamanians join weekly installment plans to buy items like radios and dining room sets through a legal lottery system. Customers pick 00 to 99 and stop payments if their number matches the weekly lottery's last two digits, with many winning early and others hoping for a big prize.
MENTIONED IN THIS ARTICLE
Panama
Play Center expands child care in Ruides locale
Mr and Mrs Pete Gillespie announce extended child care at The Play Center offering morning afternoon and night care. A new building opens onto a playground with swings slides teeter totters and sand piles. Activities include arts crafts archery darts dancing singing fingerpaint and games. Call CL 7 4848 for details.
MENTIONED IN THIS ARTICLE
Pete Gillespie
Adv
House Vote Seen On Defense Budget For Next Year
Washington reports the House is expected by nightfall to approve nearly 39 million dollars for defense in the coming fiscal year and send the measure to the Senate amid a floor battle over amendments to boost Army and Marine Corps strength.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Senate
Eisenhower
Army
Marine Corps
Daniel J. Flood
D-Pa
House Foreign Affairs Committee
Chicago
Indiana
Porter County
Ind
Strauss
Lewis L. Strauss
Congress
Comptroller General
Joseph Campbell
Foot Specialist Puts Out Fire Ice Mint Cream
Foot specialists tout Ice-Min cooling medicated cream as fast relief for tired burning feet. The frosty white formula softens corns and callouses and keeps feet comfortable all day. Available at all druggists.
Blind Rhode Island justice declines sight restoration
WOONSOCKET Rhode Island associate justice William E Powers of the Rhode Island Supreme Court says he would not want his sight restored even if possible. He told an audience Tuesday night that he is happy and satisfied with life. Powers has been blind since 1927 and said he would not relearn the faces of his wife children grandchildren neighbors and associates.
MENTIONED IN THIS ARTICLE
Woonsocket
R.I
William E. Powers
Rhode Island Supreme Court
Judge Powers
Mexican Stars Expected at Ecuador Film Festival
Mexico City AP reports that Kitty de Hoyos Yolanda Varela and Ana Leticia Risser are among prominent Mexican film stars invited to attend the June film festival in Ecuador.
MENTIONED IN THIS ARTICLE
Mexico City
Ecuador
Kitty de Hoyos
Yolanda Varela
Ana Leticia Risser
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