davidaulloa/AmericanStories huggingface dataset:
Evening star., 1954-11-16
ENGINEERS
ELECTRICAL
MECHANICAL

DO YOU KNOW
THE MELPAR STORY2
The story of a company
whose growth and
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tablished it as a leader in
the field of electronic re-
search and development.
An organization where an
engineer can feel assured
that his efforts will be re-
warded by advancement
and recognition COM
menSurate with his con-
trihution.
There's more to this story,
and we would like to tell
you about 1t.
For the eighth consecu-
tive year, we are again
increasing our engineer
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ties for you.
Vacancies presently exist
for men with experience
in the following fields:
Network Theory
-Microwave Techniques
-UHF. vHF or SHF Receivers
-Digitai computers
Magnetic Tape Handling
Equipment
-Radar and Countermeasure
--MlcrOWaYe FILTERS
Flight Simulators
-Subminiaturization Tech
niuues
Electro Mechanical Design
Pulse Circuitry
Geographic Equipment
Design
Analogue Computers
-Packaging Electronic
Equipment
a 4rrLS ax q !. sEFsCr { q
MELPAR, INC.
40 SWAMI AVE.
ALEXANDRIA. VA,
CONTINUED On next 5as5
Evening star., 1954-11-16

Trustees Sale Of Valuable TWO
STORY ROW FRAME DWELLING
BEING KNOWN AS PREMISES 729
SIXTH STREET SOUTHEAST
BY virtue of certain deed OF trust
duly recorded. In Liber No 97S5,
Folio $40 ct seq, Of the land
records Of the District Of Columbia.
and at the request of the party se-
cured thereby. the undersigned
trustees will sell, at public auction
in front OF the premises, ,sq, on
DAY OF NOVEMBER, A. D. 1854.
AT FOUR-THIRTY O'CLOCK PM,
the following described land and
premises, situate In the District OF
Columbia, and DESIGNATED as and
being Lot S17 In Square S47..
Terms: Sold subject to q prior tbuild-
ing association desd Of trust for
nsseiy nas ss,sss.4e sss isi further ri particulars
OF which will be announced at time
Of sale: the purchase price above
said trust to be paid In cash. A
deposit of $4,000 required. Con-
veyancing. recording, etc.. at pur-
chaser's cost Adjustments made
as Of date Of sale. Terms to be
complied with within thirty days,
otherwise deposit forfeited and the
property may be advertised and
resold at the discretion OF tne
FRANK PARoNl.
Surviving Trustee.
NOD .8.I0,12.I6
ADAM A. WESCHLER & SON.
AtpatfMu o AnnraieArG
Evening star., 1954-11-16
THOS. ]. OWEN g SON, Auctioneer
iii e ST. NV.
STORY AND BASEMENT ROW
BRICK DWELLING BEING KNOWN
Az PREMISES NUMBER 1898

BRICK DWELLING BEING KNOWN
QUEBEC PLACE, NORTHWEST.
BY virtue Of q certain deed OF trust
du,y recorded. in Liber No. als3,
Folio. 541 ct sea-, Of the land
and at the request Of the party
secured thereby, the undersigned
trustees will sell at public auction
IN front of the premises, on TUES
DAY. THE THIRTIETH DAY OF NO.
VEMBER. AID. 1854, AT THREE
THIRTY O'CLOCK PM. the follow
situate in the District Of ,Columbia,
numbered Ninety -four t94l in Square
numbered Twenty-nine Hundred and
Two f2902) in Ethel M. Rutty's sub
division of part of Lots. J., 2 and 3
Of tract Of land known as Pads
worth or "Petworth, as per plat
recorded in the Once of the Sur
veyor for the District of Columbia
in Liber Sc at folio 176.
Terms: Sold subject to q prior deed
Of trust for approximately S6.272 .68
further particulars of which will be
announced at time Of sale: the pur-
chase price above said trust 20 be
REQUIRED. Conyeyancing. recording.
etc., at purchasers cost. Adjust
nents made as of date Of sale.
Terms to be complied with within
30 days, otherwise deposit forfeited
and the property may be advertised
and resold at the discretion Of the
RALPH o. WEED.
SURVIVING Trustee.
Evening star., 1954-11-16
WARD. SIMMONS q HORTON.
1908 10th Street, NV.
Warrington 9, d. G.

Filed Nov. 5. 1854. Harry NJ. Hull.
IN THE uN1rE6S SlsEfi sfArrs DISTRICT
RTTA soI '1s RosENIfEs ssHlii o. SsS SSSnSss RsG
Hampshire Avenue. NV. Washing
ton. D. c., Plaintiff VS.. CHESTER
ARTHUR ROSENLIEB, Last Known
address, 4356 Lee Heights Road.
fendant nt-Civil Action No. 37O9-54.
ORDER PUBLICATIoN-ABS
DEFkNDANT.-The object Of this
suit is to obtain divorce Of the
defendant by the plaintiff upon the
Tato g On motions ssaps o yplsnsaDy s p,s ssas
L Is this 5th day Of November 1854.
ORDERED, that the defendant,
Chester Arthur Rosenliep. cause HIS
appearance to be entered herein
on or before the fortieth day ex-
Ssys SSinsve oSf,,ST,ns Of SUNDAYS and lesal ho;
the first publication of this order;
otherwise the cause will be pro-
eeeded with as in the case Of default.
Provided; COPY Of this order be
consecutive weeks in the Washing
ton Law Reporter and The Evening
ANDER HoLTzoFF. Judge. {seaD
4 A,,E TRUE COPY. TEST HARRY ".
HUGHES. Deputy Clerk. nos.i6.2s
ANTHONY J. SICILIANO. Attorney.
1910 Vermont Avenue, NV.
UNITED STATES DISTRICT COURT
for the District of Columbia, Hold
in, Probate Court.-No e6,196. Ad-
ministration. This is to Give Mo-
tice: That the subscriber. Of the
District. Of Columbia has obtained
from the Probate of the District
of Columbia. Letters of Administra-
ton on the estate of Luigi Tarea,
ceased. All persons having claims
against the deceased are hereby
warned to exhibit the same. with
the vouchers thereof legally au-
thenticated, to the subscriber, on
or before the ! Sth dav of April,
AID. 1855. otherwise they may by
law be excluded from all benefit OF
said estate. Given under my hand
shis 1ETo 18th a2E 0t Noysmssr Sa, la55 y
Avenue, NE. tseal.l Attest: MEL
WIN = MARQUES Deputy Res :ster
of Wills for the District of Colum.
bia. Clerk of the Probate Court.
no16,23.30
Evening star., 1954-11-16
PAUL B. CROMELIN AND
LLOvr FLETCHER. Jr. Attorneys


UNITED STATES DISTRICT COURT
for the District Of Columbia. Hold
ing Probate Court.-No. S6.35O,
Administration This is to Give
Notice. That the subscriber, Of the
District OF Columbia has obtained
from the Probate Court of the Dis
trict of Columbia. Letters Testamen-
tarv on the estate of Frances Kelley.
sometimes known as 8. Frances
Kelley late of the District OF Co
lumbia, deceased. All persons hav-
int claims against the deceased are
hereby warned to exhibit the same.
with. the vouchers thereof. legally
authenticated. TO the subscriber, on
or before the 2Sth day of April.
AID. 1866: otherwise they may BY
law be excluded from al benefit
Of said estate. Given under my hand
this 2Sth day of October. 1854.
JAMES A. KELLEY IO11 Massachu-
sets Ave. NE. tSeal.l Attest: THE
ODORE COGSWELL. Register Of
Wills for the District Of Columbia,
Clerk Of the Probate Court
Evening star., 1954-11-16
!. ]. L'HOMMEDIEU. Attorney.
900 r st. NV.

UNITED STATES DISTRICT COURT
for the District of Columbia, Hold
ing Probate Court.-No. S6.349.
Administration is to Give
Notice: That the subscriber, OF the
District Of Columbia has obtained
from the Probate Court Of the Dis
trict of Columbia. Letters Testamen-
tarS ON the estate OF Ada T.
Osborne. late of the District Of
Columoia. deceased. All persons hav-
ing claims against the deceased are
hereby warned to exhibit the same,
with the vouchers thereof. legally
authenticated. to the subscriber. on
or before the 2Sth day Of April.
AD. 1885; otherwise they may by
law be excluded from all peneflt Of
SAID estate Given under my hand
this 2Sth day OF October. 1854.
GENEVIEVE F. WEYRICH. 2003 Z
st. Sc. tSeal.D Attest: THEODORE
COGSWEIL. Register of Wills for
the District Of Columbia. Clerk OF
the Probate Court no2,9,l6
Evening star., 1954-11-16

oLDSMoBnE 1852" SEDAN
BY virtue Of asWrit of Fieri Facias
issued out to, Of tla the, CLERKS g once of Of
Of Columbia and to me directed,
will sell for cash, BY public auc-
ton, at WESCHLER.S, 905 e ST.,
NV, on FRIDAY, NOVEMBER 20,
1854. AT TEN O'CLOCK AM, 1852
oldsmobile .9s Fordor Sedan, Sc
led upon as property Of the Defend
ants, Gus Nichols and Bert A.
Nichols and sold to satisfy judg-
lnent at law NO. M-16D27-53 In IA
vor Of Lucille H. Wilson, Plaintiff.
CARLTON q. BEALL, United States
Marshal In and for the District Of
Columbia. no16.25
Evening star., 1954-11-16
HELP wANTED-AGENcIEs

BKPRs. AND ACCoUNTANTs-we
specialize in intse positions ATLAS.
RuPHER's EMPLoYMENT AGENCY
Eas !colored women domestic workers
by day. wk.. mo. etc Ho 2.a4e5
up must be good with fignres.
GRACE DUNN. 1871 G st. IRE q
ENGINEER; sSpsr.; sewer and read
SONNEL SERVICE, 1871 @ st. NV
MEDICAL DETAIL MAN. $3.50 mo.
plus car and expen.;. college man
with sales exper.; excel opportunity
t%@sS Z asd 1stb. Mr FsTd sT ssdssl 3. soYDs' cor
STENOGRAPHER, colored. must be
able take dictation 100-120 wpm..
type 5000 wpm. Several openings.
BoYD's. cor, G and 18th. MA. g.
sTEN0G., juniors, se5 wk.; 1--WE OPEN
G st. NV. ST. 3-3664.
CAPITOL HILL--Secy. -Steno.. under
35. Miss Grant at BoYDS. cor. @
fna RFRT9prsT. i3sR 81: s1ss ecnssf. exper.; SEQ
wk. BETTY KNIGHT. 1871 @ st.
wOMEN-AI refs. checked. Good
cook. housekseper: day worker.
nuISemaIu; SUITE melu. poIteI. pnce
SWIFT EMPLOYMENT AGENCY.
913 10th st. NV. Ma. 8-299S.
PROFESSIONAL PERSONNEL
900 18th N W., RIM. 500 ME 5000
Dental trainee, yng., NV. Open
Nurses. prae. twh.1. hosp. S1ti0
Secy., shorthand, real estate sos
Lab techs day, eve, night Open
Pharmacy clerk I'D, yng., sc. $170
Medical clerk. yng., NV, hosp. Open
BKPR.. payroll exper.. hosp. open
Med. and x-ray techs. open
Dental assists, exper., Va. Nd.
Professional Placement
1885 I st. NV. Columbia Med. Bldg.
ARLINGTON-ALEX.
SECYS., CLK.-TYPISTS. orc. CLRS.
POTOMAC EMPL. AGENCY
2334 Wilson Blvd. Arl. ia. $4,000
oil King ST.. Alex. XII. 9-5Q55
Evening star., 1954-11-16

73l 7th st. NV lid
C0LLECTOR-Some experience car
necessary: excellent salary and ex.
,caii RE 7-soss for apt 81 NV OK
on0 saOand sSIETsa saisfy s5s 5sApaFieSses EosT AZ
pm Apply SiIlR LINGToN DELI.
GAIE SES ; @ol5 South 2Sth St.
CREDIT MANAGER-Prefer some ons
With heavy COLLECTIONS experience.
opportunity. HABER 4 CO.. Df.
CRIDiT MANAGER, prefer some on.
Sn,, with heavy collections experience.
Opportunity. HAsER 4 Co. fSI 81.
DELI ERY MEN, part time with pls oGon.
and car; dependable, white. age
DESGtf ~ q over TfcHA,fsisSNS IA sfsSS2
enced in fixed bridge work. only
%Fltf SSatE q g.si phoSf feI ssss slHssFSiew
enced in air conditioning and heat
ing, for consulting engineers once,
WILLIAM A. BROWN. Ex. a-5ss5.
DRIVER. RI. e. white; for for well established
good commission. References re-
sanleo s.Il. MRszroN ARRlS 70 7AhEf. RF 1is4a e
Georgia ave. Wheaton. Nd. III
DRUG AND CIGAR CLERK-Experi.
enced only. 3 ewes. and alternate
Suns. Apply in person: CHASTLE-
TON PHARMACY. 18th and R sts.
DRY WALL FINIsHERs. Call 10.
DRY-WALL MEN, sheetrockers, tap-
ers and f1nisherS. Call HE 4-eS5e
after pm. IL
DRYWALL T5
Board hangers wanted: call A. Z.
PARKER after 8 pm. at XII g.
5636. lis
Evening star., 1954-11-16
AUCTION SALES
C. G. SLOAN q CO., INC, AUCTS.
Auctioneers-A Appraisers
LAR GE SALE
HOUSEHOLD FURNITURE AND
FURNISHINGS
AT PUBLIC AUCTIO
AT SLOANS GALLERIES
7l5 18th ST. NV.
WEDNESDAY, NOVEMBER 18th

Consisting in Part of
Two baby grand pianos, dining room
furniture consisting of tables, side
boards. china closets and dining
chairs; bedroom furniture consist
ing of beds. coil and box springs,
mattresses, chests Of drawers, nu-
set. upholstered sofas, upholstered
arm chairs, mahogany drop-leaf
tables, coffee tables, end tables and
console tables: floor lamps and table
lamps. china. glassware. bric-a-brac,
Terms cash: C G. SLOAN q CO.,
Aucts. Established 1891. no15.16
THOS. J. OWEN q son, Auctioneers.
iii z st. NV.
Evening star., 1954-11-16
LEGAL NOTICES lcsnt. j
FRANK Z. sCRIvENERs Atssrney.
505 Perpetual Building,
Washineten, D. @.

Wa9hlngt0ns ID. y.
Filed Nov. 8, 1854. Harry n. Hun.
IN THE UNITED STATES DISTRICT
Court for the District of Columbia.
JOHN r. HERMANN. surviving
trustee under will OF George w.
known heirs at Law. devisees and
alienees Of JOHN CRAIG. ct al. De-
PENDANTS. Action No. 4l67-54.
ORDER OF The
object Of this suit is to establish
OF record the plaintiffs title to
part Of Lot 3 in Square 53S. more
particularly described In the COM
plant, On motion Of counsel for
plaintiff. it Is, this 5th day Of
/. November, AID. 1854, ORDERED:
That the defendants. the unknown
heirs at law, devisees and alienees
of John Craig and of Samuel n.
Howell. cause their appearance to
be entered herein .cn or before the
first rule day occurring one month
after the day of the first publication
hereof otherwise this cause will be
proceeded with as In case of de-
fault: provided COPY Of this
for three consecutive weeks in The
WASHINGTON Evening Star and the
WASHINGTON Law Reporter, good
cause hayirx been shown why longer
publication is unnecessary. ISL
ALExANDER HoLTzoFf. Judge,
(Seal True Copy, Test: HARRY
NJ. HULL. Clerk. By ANGELA M.
HUGHES, Deputy Clerk.
Evening star., 1954-11-16
hELP-MEN

ACCOUNTANT. experienced, for cPA
firm Write fully in Own hand
APPLIANCE REPAIRMAN. 70 service
Suto washers and driers; must be
exper.: truck furn. DoWD'S ELEc-
AUTo MECHANiCs 12i. general re-
pair experience. 50-50 shop: must
GARRY;s SERVICE. NC. i54i n.
cilebe rd.. Arlington. Va. IA. 7-50I0.
AUTO SALESMAN to sell new Piym-
sa ton. an al m ernpiose love beDetsts. @ ess caii
MzRYLasp MAJ kIsi!es MofoRs aRasSintEs1E. ac ESsE
vile, Nd Of. 4-6s00 -I1
riencFd. plenty Of activity easy a.
naneing We carry complete stock
e. e. me ne snfsRss' ontsss .eiietins eh m Can Hu
MaoEEsALERs MiasoaissNaLL I INC i:-ssoo. -ais eElo
AUTO SALESMAN
The all-new 1865 Motoramlc chevro-
let toeether with one Of Washing
tons Oldest and most respected deal
tunity 20 men who can qualify II
you are q salesman and want 10
work. We would ike 70 talk with
you. See Mr.. Lane at
BARRY PATE MOTOR CO.
1880 Conn. Ave. NV.
AUTOMOBILE SERVICE. sALISsMAN
--Exper.. preferably with GM ealeY.
caETEoIET GO. 1889 Ea -MAsss
hwy. silver Spring. F16
Evening star., 1954-11-16
ATTENTION. WOMEN
COLLEGE
GRADUATES

Age 25-35 several career opportuni-
ties In pharmaceutical sales field:
sales background helpful but not
necessary; salary, expenses and au-
Personnel Div. MANAGEMENT
CONSULTANTS. INC, 1406 q NV.
Evening star., 1954-11-16
FRANCIS c. STETSON.
5O6 e Street. NV.

attorney for the Plaintiff.
Filed Nov. .. 1924, Harry NJ. Huh.
IN THE pIsTR1Gclfs Glsrc COURT FOR rHE
District of Columbia. EMMA j.
Plaintiff VS.. GEORGE W. CALLAN
3933-54. Order of Publication
The OBJECT Of this suit is TO estab-
hsh OF record the plaintiffs title TO
Lot numbered Sixty-eisht 1851 IN
square numbered Seven Hundred
scribed in the complaint and I'M
proved by premises 430 First Street.
Southeast. On motion Of the plain
TINS attorney, 1t is this 9th day of
November. 1854. ordered that the
his appearance to be entered herein
on or before the fortieth day, ex-
elusive OF Sundays and legal holi.
days, occurring after the day of the
first publication Of this order, and
that the defendants. the unknown
following persons: George W. Callan
and Allison Nailor, cause their ap-
pearance to be entered. herein on or
before the FIRST rule day occurring
publication Of this order. otherwise
the case will be proceeded with as
in case Of default provided q copy
,of this order be published once
week for three successive weeks in
The Evening Star Newspaper and
the Washington Law Reporter prior
to said rule day, good cause having
been shown why longer publication
Is unnecessary 49, ALEXANDER
HCLTZOFF, Judge. iSeal.l True
opy. Test: HARRY M. HULL.
Clerk. BY ANGELA M. HUGHES,
Deputy Clerk. no9, 1928
II. MAX ZIMMERMAN. Attorney.
investment Bldg.
UNITED STATES DISTRICT COURT
for the District Of Columbia. Hold
ing Probate Court.--No, Sb,U0S.
Administration This is to Give
Notice: That the subscriber, Of the
District of Columbia has obtained
from the Probate Court Of the Dis
trict OF Columbia Letters TeSta-
mentary. on the estate Of s. Arthur
Linde. late of the District Of Co
lumbia deceased. All persons having
claims against the deceased are
heret-, warned to exhibit the same.
with the vouchers thereof. legally au-
thenticated. to the subscriber. on or
before the 2Sth day Of April, AID.
1866; otherwise they may BY law
be excluded from all benefit Of said
estate. Given under my hand this
2Sth day of October. 1854 JEAN
NETTE r. LINDE. 420i Massachu.
setts Ave. NV. (Seall Attest: THE
Clerk Of the Probate Court.
Evening star., 1954-11-16


Philadelphia VS.. Syracuse, at New York.
Baltimore at New York.
Rochester at BoSotn. IVA.
(Only games Scheduled.)
Yesterdays Results.
mo games scheduled.)
Evening star., 1954-11-16
Happy Is The Day
When baCkacIle
Goes Away .

Nagging backache, loss Of pep and energy.
headaches and dizziness may be due TO slow.
down Of kidney function. Doctors say good
kidney function Is very important to good
nealth When some everyday condition. such
rs stress and strain. causes this important
function to slow down, many folks suffer nag.
xing backache-feel miserable. Minor blad.
der irritations due to cold or wrong diet may
cause getting up nights or frequent passages
Don't neglect your kidneys II these condk
tions bother you. Try Doan's Pills-a milk
diuretie. Used successfully BY millions for
over so years. It's amazing how many time,
Doan's give happy relief from these discom.
forts-help the milesof kidney tubes and fl.
tiers flush out waste. Get Doan's Pills today.
llsi:liEH
Evening star., 1954-11-16

ADVERTISEMENT.
Evening star., 1954-11-16

Must ee experienced with instaIIment
accounts telephone work. LONGS,
Evening star., 1954-11-16
UNITED STATES MARsHAL's SALE

ADAM A. WESCHLER & SON.
AucrBOneers- Appraisers.
Evening star., 1954-11-16
CEMENT
FINISHERS.
CLOTHING statesmen
COLLECTION MEN
APPLY CONSTRUCTION JOB

Increase your income in spare time;
guar. made to measure service. with
Local facilities. For details. phone
re. 7-4930. -16
Evening star., 1954-11-16

CARPET LAYERS--Must be good me-
cnanies who can Law Wall-to-walI ia.
stallations for top flight Washing
ton nrm GOOD pay good worSirs
conoitlons. See Mr.. Hart. PENN-
SYLvANIA CARPET CO.. e31
st. NV. -ia
Evening star., 1954-11-16
THos. ]. OWEN 8 son, 1Aactioneers.
1iil e st. NV.

RUSSELL WINE.
uo16.10,22.2427 Trustees.
Montana farmer-stockman. [volume] (Great Falls, Mont.) 1947-1993, 1954-02-15

Of investments respond to changes in
economic conditions differently from
agriculture, and he sought to COM
pensate for the changes that might
occur in agriculture through invest
ments that would react in an OPP
posite manner. AS applied by farm
ers, the principle suggests that farm
investments be supplemented with
nonfarm investments that have a
stable money value, as farm assets
and the products of farms are
notably unstable in this respect.
Most farmers could benefit from
the application of this principle. 1t
is particularly applicable to farmers
who want to protect their present
positions. This includes those who
are in comfortable circumstances,
and elderly farmers who would find
it difficult to make new start. But
it is applicable to all farmers who
desire to have something that they
can fall back upon to help meet
current needs if farm income should
decline.
The validity of this principle of
compromising risks arises from the
uncertainty of the future. Even if it
were certain that agricultural prices
and values would always remain
high, it would still be worth while
to follow the principle to protect
against the possibility of crop and
livestock losses or other physical
disasters.
But it is not certain that agricul-
tural prices and values will remain
high any more than it is certain that
they will fall. Historically they have
fluctuated over a wide range and
they may do so again. AS no one car
tell at what level farm prices and
values will be or 10 years from
Montana farmer-stockman. [volume] (Great Falls, Mont.) 1947-1993, 1954-02-15
Building Financial Reserves
rs n Factor i'm
Farm and Ranch Management
By FRED L. GARLOCK

farmer decided to keep as much
of the $4,000 on deposit as he
needed for a working fund and to
invest the remainder in United
States Savings Bonds.
These bonds would not pay a
high rate of return, but they would
serve two important purposes. They
would provide immediate cash in
case of need and they would in
crease in purchasing power if prices
dropped. Of course, they would lose
purchasing power if prices rose
further, but then the farmer would
probably gain more than enough
from his farming operations to cover
any loss of purchasing power in his
bank balance and savings bonds.
Putting it another way, this farm
er decided to stabilize his situation
as far as possible. He did this by
investing in something that would
react to changing economic condi-
tons oppositely from his farm,
livestock, equipment, and crops. He
could have accomplished the same
result by investing in high-grade
corporate or municipal bonds or in
certificates of savings and loan as
sociations, but he knew nothing
about them.
Or he could have transferred part
of his funds to a savings account at
the bank or bought an annuity or a
paid-up life insurance policy from
an insurance company. Any of these
investments would have rounded
out his financial position and added
to his financial security.
Compromising Risks
In reaching his decision, this farm
er took account of what may be
called the principal of compensating
risks. He recognized that some types
Montana farmer-stockman. [volume] (Great Falls, Mont.) 1947-1993, 1954-02-15

now, or what hazards TO crops ana
livestock the future may bring,
farmers who want to be ready for
whatever may come will find it
advantageous to have some stable
nonfarm investments as an anchor
to windward.
Shifting Purchasing Power
This seems not to be recognized
by those who point to the experience
of the last decade and argue that it
is unwise to accumulate bank ball
ances or to buy savings bonds be-
cause the purchasing power of such
property has gone down whereas
farms, crops, livestock, city real es-
tate, and corporation stocks have
risen in value. Other periods could
be chosen in which these relation
ships were reversed; and there is no
assurance that the coming decade
will be similar to the last one.
Moreover, they overlook the diff
Guilty of shifting investments when
situations change and other types of
investments become more desirable.
Farmers who plan to build up their
bank accounts or to buy savings
bonds as a hedge against possible
decline in farm income should do SO
while farm income and values are
high, as they might not be able to
do so if farm income and values
decline.
The principle of compromising
risks also may suggest diversified
ton among investments of generally
similar type. For example, investors
who seek sensitive investments can
choose from among farm properties,
city real estate, or corporation stocks.
If they seek stable investments, they
have choice of bonds, annuities,
bank accounts, or the like. Farmers
who already have hedged suffi-
GENTLY against possible declines in
farm income may want to increase
their sensitive investments.
Although, for many, the purchase
of another farm would be the most
satisfying investment because of
their knowledge of farming and
their ability to supervise personally
such an investment, some might find
it advantageous to spread risk by
buying the common or preferred
stocks of corporations or the shares
of investment trusts. Particularly in
times like the 1920s, when the mar
kets for industrial products and
services expanded much more rap
idly than those for agricultural
products, farmers would have bene-
fitted from holding such investments
Likewise farmers may benefit
from dividing their more stable in
vestments among savings accounts
United States Savings Bonds, annui.
ties, and life insurance policies, a:
each of these types of investment
has qualities not possessed by tn,
others.
Need for Balance
Just as the physical factors il
farm production or household man
agement should be combined il
proper balance, so a proper balanc
should be sought between farmers
sensitive and stable investments, be
tween their debts and their equitie.
and between their liquid reserv
funds and the scale and ra+11ra r