The Lexington advertiser. [volume] (Lexington, Miss.) 1904-1985, 1962-12-27
Bobson's Forecast
Continued from Page One)

railroads to 60 up sharply in
price; but downs they would
come again. We are today in
an e~lectronic age and no
longer in a railroad age. Those
who desire to invest ia bm-i
mon stocks should SICK to
the oils, chemicals, and cleo
tronics. Even then keep in
mind Newton's Law of Ac-
ton and Reaction which will
always determine the time to
buy and sell common stocks.
Regarding bonds | am not
pess.mistic for 1863. Certainly
the non-taxable bonds will
sell higher during 1863.
Also, good short. ! term
corporation and government
bonds will be safest to hold.
Long-term corporation and.
government bonds may sell
for less sometime during 1858.
Long-term bond prices vary
with interest rates and the
probability Of Initiation,
Building Ana Hssl Estute
+" wv EEfEs ~ ~ E Ia 4WAA a +fWI@rN va -f ri & s
There may be some decline.
in residential building in
1868; and shopping centers in
suburban developments may
remain at a stand.still for q
while. However, so much
money is piling up in savings
banks which must be invest
ed, it seems that by 1864
many more new homes will
be built. In this connection,
when purchasing a house or
business property, be sure to,
study the land, which usually
improves in price while the
value of the building declines.
When constructing new
frame houses, build either
single homes or houses with
only two apartments on the
ground floor. There will be
considerable new building of
brick apartment houses
which should keep filled so
long as they are we'll main
tanned. Old. apartments and
old houses will decline in
price during 1868.
The. less attractive outlook
for home building generally
does not apply to govern
ment or public buildings, or
to all commercial buildings.
The real estate developers,
however, must spend more on
advertising in 1868 to meet
the growing competition.
Retail Trade
Naturally, there will be, a
seasonal letdown in retail
trade after Christmas and the.
markdown could be good
uary !. That will be the time
to look for bargains. Scan the
advertisements well. This es-
pecially applies 70 merchan-
disc that depends more or
less on style, such as dresses,
coats, hats, and shoes. Buy
goodAquality items that can
be passed down to the young
er children. Over all, ] ex-
pect 1868 to see a somewhat
higher level of retail trade
than has prevailed in 1862.
Purchases made at real
markdowsn could be good
cause for opening a new
charge account. But be very
careful to build up a name
for good credit. You can arr
range to pay some in 80 days,
some in so days and some at
80 days; but be sure to pay
a little before your account
is due. Good credit at q good
retail store will help you and
your husband Tor wife) when
you may need this credit later
to buy real estate or start 4
business of your own.
Cuban Outlook
I forecast that the Cuban
problem will not be settled
ine1e63. It may extend until
litter Che 1864 presidential
elections. The Russians have
removed their missile Install
Ntions ana bombers from
Cuba, ii accordance with
Pfesid ent Kennedy's de-
faands, IA return, Mr.. Khrush4
ciiev will undoubtedly want
Eone CONCESSION in BerMn
az in Turkey - which now
bottles up Russia in the VIM
ter due to Turkeys control
Of the Dardanelles. |
KhrushShev must placate
his people at home by imsI
proving rather than reducing
their standard Of living. / saw
this very clearly when l was
in Moscow. He helped Castro
@-YA CO. IAE1 - t.4 III