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Preston Citizen in Preston, Idaho

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Newspaper

Preston Citizen

Location

Preston, Idaho, United States of America

Date

Dec 27, 1956

Page

4

Babson Forecast on 1957 Bond Demand and Dow Jones Target

Babson continues discussion on non taxable state and municipal bonds with full faith and credit backing. He predicts gradual tax increases in 1957 and notes growing investor demand for such bonds while speculating the Dow Jones Industrial Average could reach 400 or 600 during the year.

Stock Market Forecast for 1957 Stresses Caution and Optimism

The forecast urges readers to avoid panic and hold oil and bank stocks, diversify modestly, and store cash. It predicts fluctuations in 1957, possible declines or rises, and advises selling to reduce debt. It calls for concentrating on leading companies, maintaining reserves, and political-economic steadiness under Eisenhower.

Gulf Oil Middle East England France Israel Eisenhower United Nations United States Nile Russia Dardanelles Suez Canal Republic of Panama Panamaanal Egypt

Christmas Dinner Guests Across Utah and Washington

Mink Creek guests included Newell Maughan and John Palmer of Preston at Woodrow Rasmussen home. Orlando Rasmussen Jr. and her parents visited Mendon. Hugh Hansen family shared Christmas with Lowell and Wilford Hansen in Preston and Quincy residents hosted by Raymond Sparrow. John Hansen and Randy Dursteller families joined Hugh Hansen on Christmas Day. Viggo Jensen family left for Mesa Arizona returning after New Year. Oscar Wilde of Preston recovering after a hospital therm operation. Vernon Westerberg and Judy Spenner had dinner with Floyd Erickson. Merlin Hatch visited in Oxford. Also, advice urged farmers to use clean replacements and a veterinarian for mastitis control.

Woodrow Rasmussen Newell Maughan John Palmer Preston Orlando Rasmussen, Jr Mendon Utah Hugh Hansen Lowell Neeley Wilford Hansen Quincy Wash Raymond Sparrow John Hansen Randy Dursteller Mesa Ariz Viggo Jensen Ernest Jensen Oscar Wilde Vernon Westerberg Judy Spenner Floyd Erickson Merlin Hatch Oxford Ericksen

Sensible Mastitis Prevention Urged By Foundation

The American Foundation for Animal Health urges dairy farmers to follow proven preventive rules to reduce bovine mastitis this winter. Keep barnyard doors clear, ensure milking machines are properly adjusted, and handle cows gently. remove the milker promptly when milk flow ceases.

American Foundation ‘For ‘Animal Health Foundation

Insurance payouts and staff benefits disclosed in report

A summary shows over 51 million carried over from page one, with 6,414,750 noted. The document reports 82,494.68 paid this year to staff members or their families through injury and illness insurance from First Security, plus 21,500 in life insurance benefits paid to beneficiaries of six former employees.

First Security

Navy officer thanks Preston Citizen for cooperation

Commander Edward R. Halloran USN, in charge of the Fleet Home Town News Center at Great Lakes, expresses gratitude to The Preston Citizen for four years of cooperative publicity about navy personnel from the area. He credits media with help and wishes a Merry Christmas and a prosperous New Year.

Preston Edward R. Halloran U. S. Navy Fleet Great Lakes Tll Navy Halloran Office of Information Navy Department Washington, D. C USN

California Youth Surrenders to Local Police

A 19 year old Los Angeles youth Thomas H Morin turned himself in to Preston police after a cross country car theft chain. He and another boy stole a 1956 Chevrolet in Las Vegas then drove to Salt Lake City and back toward Salt Lake City before abandoning the car near a sugar factory in Franklin County. He was turned over to the U S Marshal and FBI in Pocatello.

Los Angeles Thomas H. Morin Preston California State Line Las Vegas Salt Lake City Morin Pocatello Franklin County Sugar Co Pete Ward Harold Campbell U. S FBI Morin T

Nielson Seeks Spot on Columbia Fencing Team

Jay Nielson of Preston aims for a seat on Columbia University fencing squad. The Lions placed second at the NCAA meet last year. Nielson is a Preston High School graduate, son of Mr. and Mrs. Carl P. Nielson, and attends Columbia College in New York City as part of the university’s undergraduate program.

Jay Nielson Preston Columbia University Nielson Preston High School Carl P. Nielson Columbia College University New York City

Also Mentioned on This Page

Babson Tanner's Men's Wear Idaho Lee Resistor Adam Traval—Van Heusen Mark Twain Catalina and Arrow Pajamas South State Mink Creek Its California Columbia Keystone Haviland China Bom
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