Caution Urged as TV Radio Boom Faces Heading Signs
The market shows increased volume and prominence of speculative stocks in television and radio. While TV may have an excellent year, many firms are marginal with potential trouble if FCC limits stations. RCA and ITT leaders surge on high volume though profits and dividends lag. Mutual funds protest Montgomery Ward management, signaling broader investor caution.
MENTIONED IN THIS ARTICLE
Federal Communications Commission
Stock Exchange
International Telephone
Federal Radio & Television
Now Radio Corp
RCA
Columbia
Massachusetts Investment Trust
Montgomery Ward
Sewell Avery
George Whitney
J. P. Morgan & Co
Whitney
Avery
Roosevelt
King Features * Syndicate, Inc
Expansion of Fish Hatchery Planned
Columbus reports outline a $300000 expansion of the Hebron Fish Hatchery near Buckeye Lake sent to Boston for U S Fish and Wildlife Service approval. The project would quintuple capacity and surpass tenfold recent output with $85000 already allocated in the federal budget. Rep Michael J Kirwan of Youngstown champions Ohio hatchery expansion akin to West Coast programs.
MENTIONED IN THIS ARTICLE
Columbus
Hebron
Buckeye Lake
Boston
U.S. Fish and Wildlife Service
Washington
Michael J. Kirwan
Youngstown
Ohio
West Coast
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Betty Bro
Brownell Brown
Betty Brownell Brown
Pineapple
Dolly Madison
Charmin
Carton
Isher Foods
Mae
Stokely
Akes
Swift
Clepp
Cleveland
Fisher's Coffees
Fine Cape To the
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Nes