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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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