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Newspaper
Vernal Express
Location
Vernal, Utah, United States of America
Date
Dec 18, 1958
Page
6
Babson's annual business and financial forecast for 1958 reports an overall accuracy around six percent. The summarized scores show decades of variation with notable highs into the mid to late 1950s. Watch for Taiwan and financing forecasts ahead of January 4 to detect any lag.
Roger W Babson internationally known business commentator and investment adviser built a career on religion and advertising in business. He rose from a Gloucester farm to MIT, battled tuberculosis, and developed forecasting methods. He founded Babson Institute and Webber College, established Midwest Institute of Business Administration, and helped create Gravity Research Foundation. His work educated millions of readers and shaped modern business vision.
Salt Lake Tribune notes Red Wash in Uintah County is being turned into an electronically guided facility by Standard Oil of California. The plan includes 88 productive wells, heater stations, and wraparound electric flow lines to maintain 140 to 150 degrees Fahrenheit. Gas reinjection will stabilize pressures and curb flaring while central tank batteries store about 40,000 barrels of heated crude for shipment via Salt Lake Pipeline Co.
Neal and Jack trade flirtatious banter about signals from women with lines about no means maybe and what happens when she says maybe. They joke about sleep needs, noting they require about five minutes more to wake up.
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