Babson Views Outlook For Utilities
Babson analyzes the utility sector on July 9 1937 noting the fifth bear market anniversary. Power stocks rose only about 60 percent versus industrial and railroad gains near 300 percent, with taxes and policy delaying recovery. He cites 8 million direct savers and millions more insured investors backing the vast electric system, despite a weak overall market for utilities and ongoing industry housecleaning.
MENTIONED IN THIS ARTICLE
Babson Park
Massachusetta
America
North America
Utilities Face Political Pressures and Tax Burdens
The essay argues utilities face political and regulatory angles, inflation, and a poor business outlook. It notes past reforms reduced malpractices, highlights private companies delivering lower rates, and questions the legitimacy of claimed high rates while stressing taxation as the bigger burden. It cites low per‑family electricity costs and compares total electricity expense to gasoline taxes.
MENTIONED IN THIS ARTICLE
United States
Utility stocks face inflation and tax pressures, investor caution
A financial analysis argues against taxing tobacco and liquor to fund utilities, noting electricity costs have fallen while commodity prices rise. It predicts power demand may recover but warns earnings lag price gains. The piece suggests limited upside for utility securities and urges selective selling after a market spike.
MENTIONED IN THIS ARTICLE
Europa
Hydro-electro
Trusty System Drives Wyoming Prison Trusties High
RAWLINS Wyo More than half of Wyoming s 310 convicts are trusties say Warden Alex McPherson The warden credits liberal prison policies and an honor pay plan system for the high trust level in the state facility
MENTIONED IN THIS ARTICLE
Wyoming
Rawlins
Wyo
Alex McPherson
Wellington Happenings Hit By Local Events
Wellington Ohio July 9 report on Rebekah initiation of seven candidates at the hall with 36 members and one visitor. Junior Cookies 4 H club met July 7 at the school with meat study and upcoming table setting. various church calendars list park services and sermons. Brief notes cover residents visiting, hospital transfers, and school board meetings with resignations and new hires.
MENTIONED IN THIS ARTICLE
Wellington
Dorothy Norton
Betty Hardman
Arthur McDavitt
Alice Bird
Green hires commercial teacher amid mixed local news
The item notes a local hire of a commercial teacher and lists several residents' travel updates. It also covers a protest by Droghadda in the Irish Free State over duties on a new fire engine and a legal action by two married workers’ widows in Tyrone against the council for compensation or pensions.
MENTIONED IN THIS ARTICLE
Droghadda
Irish Free State
Tyrone
Northern Ireland
Katherine McGrath
Mabel McCart
Council
Nudist group sails from island aboard Venus to new refuge
A band of men women and children nudists were expelled from their camp on an island near Margeil les France. They boarded the yacht Venus and set sail in search of another island as their destination.
MENTIONED IN THIS ARTICLE
Margeilles
France
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