Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1956-12-27
Business & Financial
Continued from Page y
business will remain fair but with smaller profits
Money Outlook

NOOii'h"Su AAoii
whole business will remain fair, with profits
Money Outlook
H. As foreign countries gold dollars for OIL
their industries will be handicapped unemployment will increase
and for aid from the United States greater
IL The Federal Reserve Board will relax its restrictions
long employment States
unemployment may expect am very
glad Mr. Robert Cutler will Mr. Eisenhowes adviser
49, Owing employees suppers
and retailers dependent the large corporations will
the first to receive bank funds.
Many plans expansions plants by big
and little business will postponed corporations find
it difficult to get shorterm quantity;
while longterm financing will be too expensive
Is Tight money State municipal govern.
ens postpone plans for building roads schools and hospitals
except where the Federal paws most of the
costs This will put damper many lines of business.
16 Owing to these increased money rates State municipal
and town bonds although free have been declining rapidly in
price Most financial advisers much prices such
securities is possible that the of such building
plans may money
posponeent reduce the price of steel and other material
IT, The each corporation small
will their financing needs for two by either
curing the funds reducing their requests
18 Prices of corporation bonds will not quickly as
the nonaxabe forecast lower prices for most corporation bonds
49, Many OF the smaller and newer corporations VIII be much
disappointed by their inability funds during 1857 except
by selling convertible preferred stocks favorable to
investors 1t is well to issue such securities when money rates are
low because the advantages continue for many years but not when
tight such securities then tie the borrower for
long number of years at high rates.
This good year for investors to
switch from lowyedng stocks to attractive bond issues
Real Estate Outlook
ments will decline in 1857 Therefore it will not be good year
for specializing in real estate.
o. mortgages will be higher in 1857 Loans
not "federally" guaranteed will require larger margins
% Real in large cities will continue inactive with decn
ing prices due to lack of parking facilities
"a Suburban real estate will continue active but fewer
houses will be built Houses will be for sale executives who have
lost their wel-pad jobs
give attention the size of the lots
by buying exist
ing houses. Modern kitchens will become must"
26 Acreage proposed shopping centers will be excellent
for speculation The automobile will continue to raise havoc with
prices helping locations and hurting Others
81 New inventions in connection with heating lighting and
other features will make most older houses obsolete
g. Large commercial farms will continue Small
farms the nges of cities will be valuable The outlying
medumed farms will be both expensive to operate and hard to
sell.
will become important factor in the resale of homes
Those wishing welocaed home to will
find 1857 good to buy or build but dangerous year for
speculation
Outlook
81 foolish for forecast the stock market
for 1857 The Industrial Average around AGO.
may decline to 400 advance to 600 during 1857.
49, All investors will want safety but wise investors VIII
first decide whether they Income profit Only by
you obtain all three features with certainty during 1857
49, during 1857 weseasoned preferred
stocks preferably culative which will give with safety yield
of So win gladly send free Of charge list of such to any
reader requesting
a. During 1857 good utility stocks should yield
maretab The demand for electricity will continue to in
crease throughout 1857.
recommendations apply those in moderate
income tax brackets The investor in medium or high brackets viii
buy during state municipal town bonds
ing full faith credit will gradually increase during
1857 and nontaxabe bonds will be more in demand from wise IN
vestors
SO prepared advise readers who do not
for income but only for profit AS above stated the Doones
Average may approach during 1857 either 400 Co.,
will be very make mistake by either buying selling
this time for intelligent switches willing to
say however should not panicy and sell their
oils Even Gulf OIL which the largest very
Middle East fields should not be sold.