Investors Forum Desires to Speculate Endangers Savings
In this column Harry C. France argues the urge to speculate spoils thrift and savings. He cites a bootblack who made a quick profit and drew peers into risk taking, while a mechanic from a higher class likewise risks savings on glamor stocks. He urges cash reserves, insurance, and high grade dividend stocks before any banker guided growth.
MENTIONED IN THIS ARTICLE
America
Bootblack
Bxtra
Matson Selling Honolulu Oil Empire for 362 Million
Honolulu Oil Corp plans to liquidate assets and sell its empire to integrated firms amid low crude prices and rising foreign imports. Capt William Matson’s firm started in 1908 and grew into a major shipping and oil interests, with a goal to complete deals in Delaware with Tidewater and Pan American refiners.
MENTIONED IN THIS ARTICLE
Matson
Honolulu
San Francisco
Alaska,Oil Co
Standard Oil Co
Canada
Ind
Honolulu Oil
William Matson
First California
Honolulu’ Oil ‘Corp
Mington
Del
Ing and Reserve Properties
Tidewaters
Oi Co
Pan American
U.S. Industry Output Drops Slightly in September
The Federal Reserve reported that industrial output fell by a point to 112 percent of the 1957 average in September, the first drop since February. The decline was mainly due to automobile strikes and Hurricane Carla.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Over the Counter Citrus Market Report Los Angeles
The Federal state Market News Service notes grapefruit weaker, lemons steady, oranges unchanged. Sunkist Growers reports higher spot prices at auction markets with specific size prices listed. Overall market averages show mixed movement across varieties with varied aging and volume figures.
MENTIONED IN THIS ARTICLE
Citrus
Los Angeles
Federal State Market News Service
Sunkist
Wis
Wise
Escape Fire on School Bus in Centerville Utah
A Centerville Utah school bus carrying 23 pupils burst into flames as it rolled over a methane gas line during sewer work. State Trooper Herbert Volmar said a spark from the engine ignited escaping gas. all students escaped safely through one emergency door and others evacuated quickly.
MENTIONED IN THIS ARTICLE
Ich
Securl Ecu
Faekirol Labs
Alriines
Ie Res Equitable
Boston
Asterazel
Botany Indus & Bal Aes
Newark
Ous, Inc
A Palssites
Argonaut Ins Co
Bpwater Paper Au Als Wit
Benes Ltd
Brusnwis
Mocsa Kaudsen A
Canonify Assurant
Rational Propalae
Ant Casualty Tech
Gregan
Fobe & Repub
Kcannea Eisciric
Eno Gaskel
Hanover Fire
Amgrican
Northern Ind
Hartford Fire
Enlizens
Pac
Alrmative Pac Automation
Poe Internin Carp
Northriver
Cafwell Co Iny
Patomarce
Emalyrstar
Parker Henifin
Pauley
Pet
A $v Inc
Pendibion Tech We
Brotec
Ie Ae Cansor
Finweys
We Permanente Am
Paul Feft
Beck Prds Cornel
Hun BP Res Eng & Hes
Jenny Bankers Teust
Ith
Bucomman Net
Puretator
Chase Manhattan de Dun Bradstreet BA Rabin Vainters Oe
Chem
Dymo Indus
Radiatronics Wa
Utes
Pia Eldon Indus Bean Republic Supply
Electrada Co Ins Taal Residex Lab
Anil Trust Electra Instr
Rockwell Hits Co
Mir
oHanayar Vr $Mae Electronic Cag
Rose Marie Reid
Electrasail
Ndustries
Wiiera Banke
Scentiia Electron
Bk Am
NG & Se Oh
Electrasallas Ou P
Searle Scent Foresman Bank of Cal SE Cleans
RBALA
Ats Gees
Etes-Hokin & Galvae
Shore “Carnevar
Bontinental Bie Farmer
Iy Sierra Pac Powry & Rocker Anglo Bt
Mark Ah Smithy Indus Mh
Sidelity Bank
First Boston Co
Four Star TV
Gault Water Ass First T&s
Futterman Corp
So Union Gas
BSE Estern Be
Enava Southwest Gas
Pacitt
Spring Street Capsie
Nfon
Strata Indus
United Cailt BK TA Benisca
Uve Etralte of
Calif
US Nat Bk SD
Sosa Gertsch
Strong Cobb Amr
Val
Penis Glasapar Gliconian Co
Sunset House Dwe
Basie
Systran Denner Ays
Great As A Tappan
Aled Emp Inc
Grinnell
Telon Ranch
A Call Financial Ga Ae Harvill Corp
Talecamauting
A Empire Financial Heublein Inc
Pens Am Oil Ca
Ear West
Cop
Feder
Evi Inforrata
Electad
Gibraltey Financiera Interstate
Haymorne
Times Mirror
Eviton Financial Nterstate
Iy Tool Res
Nidwest
Transcon Wu
Transworld
United FC
Transval Electron
Vic Wesco
Finencial
Nei
Bravetodge Corp Ae
Duroensen Grae
Ucsen Gas
Kaiser Sleen
Unifever
Tai
Acma Electric
Kenibeky Unis
United Electrody
Tech Kinatles Cara Fin Us Jem Patil
Ava
Amer Cement
Koenring
Amer Express
Kramer Amer United
Jamer Pine & Amer Labs Inc
Tis
Anadite Inc
Apna Niguet
Anheuser Busch
Shan Indusey Ariz
Fett End
Vons Grocery
Arrownd
Warner&swasey
Ak Automat Realt
St Fix
Warren Bros
Maceo Core
Waste King
Nat Gas
Avery
Wayne Min
Avon Products
Aztec Oil & Gas
Marin
Weatherford
Rg Babcock Elect
Marlin Rockwell
Nat Gas Ll
Yleas
Marshall Indus
Toy East
Euplisa Go
Tee
Mattelline Wiles
EU Benes
Maxton
Mm Wrainer Corponenisont Tener Ie Haayale
Indus
Centerville
Utah
Herbert
Volmar
Los Angeles
Elliott
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