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Show ' THE LEADER, Tremonton. Utah VISIT AT ED Thursday. December 29, 1955 f0 " Business, Financial Forecast for 1956 By Roger W. Babson ( than at any time in recent years. 17. Commercial farms need not suffer during 1956. Increased efficiency and new machinery should offset price declines. 18. Owners o! small scattered farms will suffer during 1956. They have not the volume or capital to cut their costs to offset the reduced prices for their crops. 19. Farmers within ten or fifteen miles of a city can "beat the game" by selling out at the increased prices which their land will bring for subdivisions close- d Many more in farms will become subdivi sions during 1956. 20. Taken all in all, the real estate situation should average only moderately below the good level of 1955. How ever, activity promises to be less and those who have been holding real estate for specula tive profits might do well to consider selling. INTERNATIONAL OUTLOOK AND POLITICS unforseen event Eisenhower President happens, and rewill be 1956. elected in 2 The Republican party has an excellent chance of winning in 1956 with President Eisenhower making a few key speeches and promising to be an active part of the Administration. He is trained to take responsibility and enjoys it: but the President should be relieved of speech making, entertaining, and much of the detail work which goes with being President. 3. Competition wiU?be very severe in 1956, and with few exceptions will cause business profits to be less in 1956 than in 1955. Too many manufacturers, not satisfied with their present good business, are starting to make other products and undercut standard prices. 4. Higher wages may also be expected in 1956, and these could reduce profits. These higher wages, however, will largely be spent and should in 21. Russia will keep out of crease retail sales. 5. Increased advertising ap- war with us during 1956. 22. There will be one or propriations will be seen in 1956. In fact, advertising appro- more small wars during 1956. priations for newspapers, maga- Both sides of the conflicts will zines, television, radio, and bill- try to secure help in the form boards have helped our prosper- of munitions from, both Russia ity, or it would not have lasted and the United .States, but none of these will develop into ser through 1955. 6. The recent policy of the ious conflicts. 23. The "cold war," now money managers in the direction of "squeeze" will be Shifted existing between Russia and the to "ease" sometime in 1956. United States, will continue This reversal could put a floor through 1956. 24. The hydrogen bomb and under any business decline that the next guided missile will be the year. may start international factors 7. Liberal credits to the greatest purchasers of houses, automo- for diplomatic trading during biles, washing machines, tele- 1956. This trading will hold y propvisions, and various other things down the price of have bolstered prosperity and erty. 25. The Republicans will will continue to be a strong turn to industries, slightly "New Dealish" many support 1956 and this will bring at least. 1956 during through are on a lively and heated Presi8. If the Republicans in 1956, great sums dential campaign. 26. Democrats are unwill continue to be spent on research and new plant expan- certain as to what their policy sion. The effect could wejl be will be in 1956. Stevenson is a liberal; but more conservative another "turn up" in the than many Democrats. Kefauver Index of Business. in appeals to the masses, while 9. Despite the decline family formations, the baby Harriman leans to the left. Howboom will roll merrily on ever, some "dark horse" may through 1956. The reason: More run off with the Democratic parents are willing to have four, nomination. 27. Some taxes will be refive, and even more youngsters. suduced A tremendous, The result: during 1956. These cuts stained demand for all kinds will try to favor all voters slightof necessities,, - - housing, food, ly; but the largest benefits will ' go to groups. clothing, new schools, etc. 28. The farm problem 10. All told, I look for 1956 to be the second best business concerning higher price parities - will be the center of most year in history - just a shade off from 1955. Predicted declin- political fights. 29. The cost of living will es in the key auto and residential building industries will increase only slightly during largely be offset by rising ex- 1956. We, however, must not penditures for roads, sewers, and forget; what weather can do to schools - and by increased de- production, prices and even to mand for electricity, natural gas, the stock market. 30. All the above means and food. that there is now in sight no REAL ESTATE reason for further inflation dur11. The main handicap to 1956. Certainly, I look for retail business in 1956 will be ing no runaway price climb. intensification of the parking OUTLOOK FOR nuisance, but this is getting so terrible that a revolutionary COMMODITIES , solution may be in sight. Shop31. I am not a crop expert, ping centers are a partial rembut my associates' forecast for suburban edy and will help is as follows: (1) Further 1956 15 of the But only property. reductions that will be acreage suburbs in the live will people largely offset by soaring yields in 1956. 12. Cities will condemmn resulting from intensified cultiold buildings and provide thou- vation; (2) expanded farm subsands of parking lots in 1956. As sidies that will mildly bolster this is done, city probity will crop prices and farm income again come back. Until then we, compared with the 1955 aversee no price, improvement dur- ages. 32. Although wheat and ing 1956 in city business propcorn prices depend upon both erty. lr,, uV, ti shifting weather and foreign 13. Building cos,,wj!4 .average higher through at .least conditions, for 1956 I forecast the first half of 1956'. This moderately higher prices for the means that fewer new homes major grains, based on increased subsidies to be voted by Conmay be built next year. 14. With demand falling gress. 33. Industrial prices will more and money expensive, enter the new year on a high new of builders speculative and should be well plateau homes will have to watch their to possibly firmer maintained 1956 than more in closely step In any other year since the end- during', the forepart of 1956. Later, as business falters, look ing of World War II. 15. Duplex dwellings will for selective easing in this group.. demand in continue probably 34. Steel in 1956 will averthrough the whole of 1956 if In price than for all age limhigher they are well located. The of this year. Dn not look for any rents be will of iting probably totally abolished during 1956. price cut In this key m?tal, even Iff. With the trend of va- if business slackens. 35. Nonferrous metals in cancies ' showing a tendency to 1956 should move with the of newer owners and the rise, Index. High prices In more costly apartment1 buildweeks marearly find may be followed their profit; ings will ' selective weakness. Zinc and 1956 in by harder gins squeezed 1. If no well-locate- big-cit- - Bab-sonch- low-inco- -- . ( Bab-soncha- rt OUINNEY HOME High School to AT STEVE HALES HOME Sponsor Dance Mr. and Mrs. Virgil Packer, Cutler Dam, Carma Mineer and The high school will give a Mr. Mirl R. Mason, Chairman and Richard, Brigham City, tine spent Christmas dance after Ogden, family, 1 the game with Davis spent Christmas with Mrs. Val- of the Box Elder County Agri- day with Mr. and Mrs. Steven ConservaStabilization cultural Friday night. School buses will entine's parents, Mr. and Mrs. Hales. a start at 6:30 p.m. to carry stuannounces tion Committee reEd Quinney. Young Richard dents to the game and home mained at the Quinney home for Public Meeting to be held Jan- BREAKFAST GUESTS 1:00 after the dance. Everyone is 1956 at at P.M. the uary 5, the week. Monday morning breakfast invited to attend. Utah Power and Light Auditorguests at the Harry Woodward ium in Tremonton. SPEND HOLIDAYS The overall conservation ef- home were Professor and Mrs. VISIT IN WITH PARENTS fort in Box Elder County will Ira Hayward df Logan and Mr. SALT LAKE CITY TreMr. and Mrs. Tom Steffen an4 be discussed by representatives and Mrs. Darrel Stuart of Westmore- I f Mr. and Mrs. Gerold Valen- daughter, Elizabeth, North Hollywood, Calif., spent Christmas at the home of Mr. and,Mrs. Conrad Steffen. Tom returned Roger W. Babson home Tuesday and Mrs. Steffen Elizabeth will remain until and lead may be the first to give next week. Mrs. Conrad Steffen downa on the coming f will return to California with is trend, but copper eventually them. riding for the greatest fall. 36. Processed and frozen foods should advance only VISIT AT slightly in price as increased NEWTON HOME labor costs are offset by new Lynn Newton, Rexburg, Ida., machinery and competition in- is tensifies. Early firmness in tex- Mr.visiting for the week with and Mrs. Elton Newton. tiles should be followed by some weakness. 37. There will probably be ENJOY FAMILY more leisure time during 1956. DINNER MONDAY This should help the entertainMr. and Mrs. Lynn Iverson ment group, including sports, were host and hostess to their travel, - - and possibly the pet- family members at dinner, Monroleum industry. day. Those present were Dr. 38. During 1956 I hope that and Mrs. D. B. Green and famschool teachers .will be paid Mr. and Mrs. Mel Archibald more money. But, in order to ily, and family and Benjamin S. have increased municipal taxes, Green. school committees must develop some method of either improvCOME FROM SEATTLE ing the efficiency of the schools, Mr. and Mrs. Leo Conger and or reducing the time necessary Mr. and Mrs. Leon Conger of for completing studies. 39. More people will con- Seattle, Wash., are spending the tinue during 1956 to return to Holidays visiting with relatives the help of religion. However, in the Valley. statistics on church membership unfortunately cannot be FAMILY DINNER AT entirely depended upon. VIRGIL ANDERSON STOCKS AND BONDS 40. Interest rates will start HOME Mr. and Mrs. Keith Austin, the year at high levels, but Sandra and Kathy, were dinner later I look for some easing to at the home of Mr. and guests help the building industry. The Mrs. Virgil Anderson, Bothwell. present Administration will not allow high money costs to bring VISITS AT EINER about unemployment. STENOUIST HOME dividend-pa, 41. Seasoned ing stocks will do better in 1956 Robert Stenquist, Boulder, than the more speculative issues. Colo., is spending the holiday Stocks will follow individual season at the home of Mr. and prospects more closely, rather Mrs. Einor Stenquist. than the curve of business en tirely. VISIT AT WAYNE 42. There will be one or FRONK HOME two bad breaks during 1956. Mr. and Mrs. Ezra Harris, Railroad stocks will move low er. Biggest declines are likely Layton, visited Monday at the in auto and ' home of Mr. and Mrs. Wayne stocks. Utilities Fronk. will hold up best. 43. I am not making any FAMILY DINNER extensive recommendations, but AND PARTY" AT prefer to select smaller, undervalued situations J. H. FRONK HOME for security and good long- Mr. and Mrs. Jack Fronk, Mr. range prospects. Those in which and Mrs. Parker Fronk, Mr. and I have great confidence are the Ms. Wayne Fronk. and their fam-- , group of variety chain-stor- e ilies, Joan Grover and Annette stocks. Fronk met at the J. H. Fronk 44. If the rallies continue home Christmas eve for their to be less impressive than the family dinner. During the party declines in the stock market, I that followed the dinner, the feel that the money managers family members exchanged will reduce stock margins be gifts. fore long. 45. Bank, Insurance Com VISITORS AT MELVIN pany, and certain Investment ROBBINS HOME Trust stocks should continue to Mr. and Mrs. Darvel Robbins be a refuge for the uncertain and investor and for those who seek Kelly came from Clovis N. to spend Christmas with M., without and income security reference to prices or market Mr. and Mrs. Melvin Robbins. Also at the Robbins home for ability. 46. Aircraft stocks in 1956 the day was Miss Geraldine may suffer from increased gov Robbins and Wes Whiting, Salt ernment This Lake City. renegotiation. if the will be a serious threat Democrats win next autumn. DEAKIN FAMILY 47. Soundly financed nat HOME FOR HOLIDAY ural gas stocks should continue Mr. and Mrs. Ed Deakin en to enjoy good growth during joyed the comoany of their chil the year ahead. for 48. We will hear much dren and grandchildren Christmas. Mr. WenMrs. and innew and new about industry ventions during 1956. Many dell Egbert and baby Kathleen and Dr. and Mrs. H. H. Barthovery important developments lomew and Brent were at the in and are on drawing boards Deakin home. test tubes. 49. Canadian stocks have reached their peaks for this VISITORS AT cycle. This includes the uranium EARL HOME craze. On the other hand, the Beverly Gray. McCammon. time is coming when the greatest stock market profits will be Ida., spent the weekend at the Albert Earl home. Monday, Mr. in connection with Canadian and Mrs. Earl and Lester, drove stocks. to Coalville, to visit at the home will education 50. Economic of their daughter and family, continue more and more a Mr. and Mrs. Russell Mitten. factor throughout 1956. The adalso visited with Mr. and They vertising which the New York Mrs. Darrell Earl and family, Stock Exchange is now subsi- Salt ' Lake City. dizing will continue. This will and be followed by labor-unio-n The educational programs. Notice is hereby given that growth of colleges and institutes of business administration will the Box Elder County Commiscontinue. I now see no depres- sioners will meet Tuesday, Jansion ahead for 1956, but, of uary 3, 1956 instead of Monday, course, stock prices will not January 2, 1956 as January 2nd "grow to the skies" and there is a legal holiday - New Year's must be a sad readjustment Day. some'day. Investors are already Box Elder County beginning to switch from comCommissioners mon to preferred stocks, and bonds. By K. B. Olsen, County Clerk. especially to tip-of- late-ye- Soil Conservation Meeting Called ar . of the ASC County Committee, Soil Conservation Districts, SCS Technicians, Farmers Home Administration and the Extension Service. All farmers and ranchers in terested in soil conservation are urged to be present. , DAUGHTERS OF PIONEERS MEET Daughters of the Midland Comp met at the home of Helen Allen last Thursday. "The Untold Story," was given by Grace Brough. After the regular meeting, a social was held. Piano solos were given by Velva Allen. Presents were exchanged and refreshments served. CALL FROM NEW JERSEY The family of Mrs. Alice Peterson, Bear River City, was made happier by a phone call from Ralph Peterson and his family in Bergenfield, N. J. The Petersons are former residents of the Valley. VISIT AT GEPHART HOME Mr. and Mrs. W. A. land spent Christmas with their family in Salt Lake City. They VISIT IN KAYSVILLE visited with Mr. and Mrs. ClarMr. and Mrs. Ray M. Reeder ence Vance and family, Mr. and and family were dinner guests Mrs. L. B. Hollis and Mr. and of Mr. and Mrs. Rex Pettingill Mrs. Richard West. Mr. and Mrs. ' of Kaysville, Monday. Ernest Abel, Garland, drove down to bring their parents PICNIC IN DECEMBER home, Monday evening. While most of the nation was suffering from floods and freez- GUESTS AT ROBERT ing weather on Christmas day, POULSON HOME Scoutmaster Mervin Holt, PenMr. and Mrs. Merritt Poulson rose took his family and neighand Elaine, Salt Lake City, bors children into the sunny the weekend at the home spent foothills west of the Holt home of Dr. and Mrs. Robert Poulson. for a hike and picnic lunch. The Dinner guests Christmas day weather was so warm, coats were Mrs. Flora Tweedie, Lowere unnecessary. It was the Mr. and Mrs. Frank Reed first time in their young lives gan, and family, Sunset, and Mary the children were able to play Helen Tweedie, Salt Lake City. in the hills and enjoy a picnic on Christmas day in the heart SPEND CHRISTMAS of the Rocky Mountains. monton. IN POCATELLO Phil Johnson and son Gary Lee, and Mr. and Mrs. Lowell Johnson and little son Ricky spent Christmas day in Pocatello with Mr. and Mrs. Ned Law and two children. Mr. and Mrs. CARD OF THANKS it difficult to express We find the Mr. and Mrs. Barry Maycock how much we appreciate and son, spent Christmas day help given us, after the death with Mr. and Mrs. Fred Gephart. of our dear father. We are sincerely grateful to all our friends and neighbors for their symVISIT AT and help. Our loss brought pathy NEWTON HOME a realization of our many friends Mr. and Mrs. H. Warnars and for which we want to say Lewis, Ogden, visited Sunday "Thank you". with Mr. and Mrs. Earl Newton. The John F. Knudson Family. and Mrs. Cliff Beard Mr. visited with their family in Pocatello, Idaho for the Christmas holiday. VISIT PARENTS 2nd Lt. and Mrs. J. Lynn visStayner and son have been the for past iting their parents two weeks. Parents are Mr. and Mrs. Elmer Woodruff of East Tremonton, and Mr. and Mrs. Henry T. Stayner of Malad, Ida. He has been stationed at Barco A.F.B. in Winterhaven, Fla., for the past eight months. They are now going to a base in Greenville, Miss., where they expect to be for the next five months. y residential-building-materia- Check. . . . ls your office supplies then call AL well-seasone- d, 7-13- 71 AND PLACE YOUR ORDER FOR top-te- n ENVELOPES LETTERHEADS FORM LETTERS STATEMENTS ANNOUNCEMENTS BOOKLETS WEDDINGS WINDOW CARDS RULED FORMS FORMS PRINTED CHECKS POST CARDS BUSINESS CARDS The LEADER NOTICE . . non-taxab- le 1 TO ORDER A COMPLETE PRINTING SERVICE I I LETTER PRESS and OFF SET PHONE AL Tremonton. Ulah |