The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1959-01-01
LOOK INTO The FUTURE
BabsOnis SO Business, Financial Forecast

rising needs of municipalities.
II. The "fy-in-the-ointment
will be the uncertainty of the
Federal policy regarding the new
$50, 900, 900, 900 roadbuilding pro-
gram. VIII it compete with or
protect toll roads recently built?
I believe this program will not
harm outstanding Turnpik k e
bonds.
Switch to Bonds
Is. Many investors will switch
from stocks into bonds in 1853,
thus obtaining both higher in
come and better security.
10. AS initiation becomes more
serious, only short-term bond is
sues - other than convertible
bonds - should be held to ma
turity. Bonds should no longer be
considered good permanent" in
vestments unless they are nom
taxable or convertible on reas-
enable basis.
20 The best Investment policy
during 1859 will continue to be a
well-diversified portfolio of
stocks, short-term bonds and
cash. Every conservative inves-
tor will keep one-third of his port
folio liquid, to have funds avail
able in case of a sudden very
severe drop in the stock market.
This will come some day.
81. AS the 1858 Congress has
not accomplished more in cor
recting abuses in the Teamsters
union, the 1859 Congress will do
little to improve the labor situ-
alton. Therefore, invest in COM
panies which will not be subject
to strikes. Banks and utilities
probably are the most nearly i'm.
mune.
%. The Taft-Hartley act will
not be amended, nor will labor
exemption from anti-monopoly
laws be removed, until after the
1860 election. Labor leaders viii
get more and more power until
with Russia's help - they bring
on a real depression.
%. Due to unemployment anc
the difficulty of borrowing fund:
for installing automation (auto
matte factories), the machinery
industry will continue quiet dur
ing 1859.
"a. Good building land on the
proper side of growing cities viii
continue to increase in price not
withstanding a decline in subur
ban building. Small farmers hold
ing such land should not nov
sell.
Farm Outlook
Is. Small farms with any SUI
burban possibilities may wei
consider selling to adjoining
farmers if offered a fair price
in 1859.
26. Large commercial farms
with the latest machinery should
prosper during 1859; but small,
farmers may not do so well.
u. Pending a serious war,
there will be no radical change
in the governments farm policy
during 1859.
%. With less fear of serious
war, the real estate situation in
the larger cities may improve; !;
but municipal taxes will increase.
%. Some suburban houses now
owned by well-paid executives
will come on the market in 1859,
due to loss of positions or moves
to other sections of the country.
30. Real estate mortgage mon
ey will be tighter in 1859 than in
1858. Furthermore, due to infla-
ton, it will be worth less when
due.
81. The demand for motels is
largely satisfied; but there will
be an increasing demand for
very modern apartment houses
especially of the cooperative
type. Old houses of all kinds will
depreciate during 1859.
80. The greatest factor in de-
termining the price of city land
and businesses in general is the
automobile and availability of
parking space. This is respons-
ible for both the boom in subur-
iss .sii's sSsss sii A No 4SI:s sis sSis Esis s ~