The Dallas post. (Dallas, Pa.) 19??-200?, December 30, 1963, Image 1

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Oldest Business
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Jackson Police
Are Assaulted,
Checking Crash
+ ~ Cooper Hit In Face,
Clothes Ripped, As
Officers Subdue Man
Jackson Police Chief Robert
Cooper was physically attacked and
' Assistant Chief * Roland Gensel’s
clothing torn, as they investigated
ji a two-car collision on Christmas
)= Eve.
N ; John Pimm, Jr., Harvey's Lake,
4 and Gene Elston, Dallas, were re-
{ turning home by way of Chase-
Hillside Road at 7 :'m. after at-
tending a party at American As-
phalt Company Quarry, where they
are employed when Elston's car
skidded. collided with the rear of
the Pimm car, upsetting it.
Chief Cooper, notified” of the ac-
cident, hurried to the scene after
alerting Gensel, who arrived just as
Cooper had. been struck in the
J mouth by Elston, who became un-
> ruly. Gensel's and Cooper's cloth-
ing ‘was ripped in the scuffle.
Fellow employees driving by stop-
} ped’ to lend an assist and calm the
onion Elston. Chief Herbert Up-
; dyke, Kingston Township, and two
\ wer ‘officers ‘also appeared on the
scene. Elston was taken home by
his Friends.
Cooper, who had suffered a sick.
spell several days previously, is
nursing a split lower lip.
Charges of driving (oo fast for
conditicns and disorderly. conduct
were ‘lodged against Elston and
Pimm, before Squire Robert Culp,
Huntsville. The men agreed to pay
for id piicers damaged clothing.
Van Skids And Flips
On Icy Roadway
y A large panel van owned and op-
: erated by Alexander J. Rex, Rex
Plumbing and Heating, Kingston,
skidded on a patch of ice Saturday
at 12:20 p.m., went out of control
and fell on Ms side adjacent to
Memorial Highway = just below
>. Harter’s.
Rex, who was bleeding irom the
mouth, was taken to Nesbitt Hos-
pital by a passing motorist, and the
Bh was tawed (aay.
After hitting the ice, the truck
turned completely around, hit the
curb, and tipped over, acc ording to
JFotice Chief Herbert Updyke. Tools
nd torches from the van scattered
“all over the scene, but were picked
‘up by Rex's family.
Mlighway Ice Coated
* Residents traveling through the
Bireh Grove area Saturday night
used extreme caution. The high-
way resembled a mirror with its
smooth coating of ice.
over them and fall down.
anteed good time.
at a bargain fifty cents a head.
The name “farmer dance”
few of the bucolics go to college.
hy the others dancing
"73 YEARS A NEWSPAPER
Institution
Mountain
‘| bound for Louisinana,
It's a good safe place to send the kids.
although most are in late teens or early twenties.
stands at the door: occupies his time chiefly with traffic.
At upper left, Red and guest caller do a duet, while some of ‘yer
friends and neighbors cut a caper or two (center, top and bottom.)
; if ‘you get caught in the middle of the ring, and the caller says
“kiss,” well, by golly, you better ‘do just that,
around for a while, and yore gonna look like a darn
Back Mountain Area
Ambulance Logbook
Dallas Community ambulance took
Mrs. Kezia Jones, Lake Street, to
Nesbitt Hospital Monday, Bob Be-
secker and L. R. Scott attending.
John Fredericks, 35 Red Ledge
Drive, was taken to Mercy Hospital
Thursday, Don Shaffer, Hayden
Richards, and Besecker attending.
Mrs. ‘Peter Roushey Sr. was
brought home to James Street,
Shavertown, from. Nesbitt, Saturday,
Gil Morris, John Carey, and Scott
attending.
James E, Brown, 63 Joseph Street,
was taken to Nesbitt Hospital Sat-
urday, Besecker, Morris, and Ralph
Fitch attending.
Kingston Ambulance
Mrs. Doris Dover, Samuel Smith,
and John Boyle were taken to Nes-
bitt Hospital Friday evening by
William Pugh and Jack Lasher fol-
low'ng an accident on Bunker Hill.
William Frederick, Anthony Plata, |
and Al Hawke answered a call '3at-
urday afternoon to the Birch Grove |
sector when a truck overturned but |:
were not needed.
Lake Towaship
Lake Township ambulance took
Alex Kocher, Noxen road, to Gen-
eral Hospital Christmas morning,
John Stenger and Fred Javer at-
tending.
Friday morning, Amos Swire, Rug-
gles, was transferred from Geisinger,
where he has been since being par-
alyzed in an auto accident early
this year, to Veterans Hospital,
Stenger and Javer as crew.
Lehman Township
Lehman ambulance took Mrs. Fay
Brown, Lehman Heights, to Nesbitt
Hospital, Christmas night, Lee Went-
zel and Peter Hospodar attending.
Noxen Er
Noxen ambulance brought Mrs.
Arline Swire home frora Wyoming
Valley, Hospital Monday, William
Galka, William Crossman, and Al-
bert Goble attending.
Zany Game Promised Friday Night
AsDHSTF aculty Meets Satellites
Skating At Sunset
Harveys Lake was making good
headway toward freezing during
that recent zero spell, but a wind
broke up the ice. At this point,
the Alderson end is frozen, but not
safe for skaters. There is ice at
Sandy Beach, and skating at Sunset
in the area protected by the bridge.
Chief Edgar Hughes reports can-
vasback ducks, loons, and dipper-
ducks on the open water.
. Footprints On The Sands Of Time
Record Of Salient Events of 1963
JANUARY 3, 1963
Howard Risley, Editor of the Dal-
las Post, buried at Tunkhannock.
Sub-zero temperatures, = bitter
wind, schools suffer minor plumbing
damage.
Babson’s Report moderately opti-
mistic.
Three crop dusting = bi - planes,
‘crash when
they run out of fuel, two at Rey-
nolds Farm, one at Whitesell’s,
Route 309.
Died: Clarence E. Shaver, 56, Lake-
ton. Mrs. Mabel Runstall, 71, Har-
veys Lake. George A. Stredney, 37,
Demunds Road. Mrs. Ekue Guern-
sey, Shavertown. Harry L. New-
berry, 63, Beaumont. William Ro-
zelle, 62, Orange. Michael Urich,
Ceasetown Road. ’
Married: Sandra E. Engelman to
Robert McGoven, Sandra Smith to
Robert Endres, Louise Marie Ellsw-
orth to Walter Gladkowski Jr.
“Shake yor feet to the tune of the fiddle,” sings caller Red Jones |fool just standing there.
Saturday night at Kunkle, and people either shake ’em, fake it, or trip
Against the rising tide of mass communication, drive-in movies, and
rock 'n roll, the Kunkle Farmer Dance has remained easily the oldest,
most formidable public social event in the Back Mountain.
It's a guar-
Attendance is always 'a nice crowd, often a big crowd, and some-
times a huge crowd. Average is somewhere around 200 paid admissions,
y is somewhat misleading since the greater
percentage of those attending probably aren't farmers, and, indeed, a
All ages are represented,
The policeman who
‘cause Red will just keep
Anniversary: Golden Wedding, Mr.
and Mys. Edward Marley; Mr. and
Mrs. William Jayne.
JANUARY 10, 1963
Advanced at Commonwealth, Mrs.
Ruth Bonning, Harry Bonin.
PUC okays plan of Common-
wealth to eliminate toll charges be-
tween “Dallgs and Wilkes-Barre #in
1964.
Pix of Colorettes carrying the big
flag, ready for Inaugural Parade.
Merrill Faegenburg heads Ki-
wanis.
Died: Mrs. Olive Eggleston, 72,
Vernon. Irene Myens, 40, formerly
of Shavertown. Haydn. B. Fry, 72,
Dallas. Roland Shelley, 62, Wind-
gap. George Albert Boote, infant,
Shavertown. Mrs. Blanche Hontz
Cragle, Pond Hill.
Married: Eileen Catherine Cumm-
ings to John Joseph Comer Jr.
Mrs. ‘Margaret Dykman,
69,
One young sufferer of a minor
swung and sashayed a little too fast,
men. ”
amount of time.
the Kunkle Fire Company snd the
Association.
the Community Building, formerly
He is seen here. (lower right),
proceedings, enjoying the fun.
Red for at least one stanze.
the Kunkle Farmer Dance, solid as
remains a unique, colorful asset to
‘| at Gavy’s Market
‘ Crispell.
It is noteworthy that the Kunkle dance,
has had a phenomenal record for introducing man and wife.
are your neighbors met there, if they've been around this area for any
All that and worthy cause too!
The Original New York Harlem
Satellites led by Owner Coach
“Rookie” Brown, former Globe Trot-
ter and Star of the ‘Harlem Globe
Trotter Story’, will appear at the
Dallas ‘Senior High School ¢n Fri-
day, January 3, at 8 P.M., against
the Faculty All-Stars.
The Satellites played belore a
packed gym when ‘they appeared
last year for the first time in this
area. The performance was so well
received that the fans requested a
return performance.
“Rookie” Brown has had one’ of
the most interesting careers of any
athlete today, playing before mil-
lions of people and traveling as
much or more than any athlete in
sports today. Rookie has performed
in 52 countries, he was one of the
first to make the initial trip to
Europe with the Harlem Globe
Trotters, and on the team’s first
round the world tour where he had
the opportunity to meet Pope Pius,
Kings, Queens and other dignitaries.
The Satellites, in. six years. of
play; have participated in 1,014
games winning 1,005 - with 9 losses
against all star teams composed of
former N. B.-A. and College All-
Btars. “Rookie”, after six years of
plap, predicts that he has achieved
the finest of all around talent that
any can muster - basketball fans
all over the country say that they
have never seen basketball clown-
ing and showmanship mixed with
such great skill.
This year ‘‘Rookie’’ has brought
back 5 stars of ‘last year’s team
plus two new great showmen. Such
stars as “Big” Bill Mathe v3, Frank
“Showboat” Gibson, ' and “Wet”
Alexander head the list of suppert-
ers, “Little” Luther”, the dancing
midgets will appear with a brand
new half-time show. ,
Advanced tickets may be secured
in Trucksville.
fivan’s Drug [Store in Shavertown.
Forty Fort Ice Cream Store in Fern-
brook, and the Towne House in
Dallas and Dallas Senior High
School.
drowns in her own well, overbalanc-
ing herself.
Richardson heads Rural. Building
.and Loan.
Pix of Dallas marching units at
Inaugural parade.
Died: © Fred ' Jennings,
William B. Hess,
Mrs. Elizabeth Friis, California. Mrs.
Lucy Tripp, 89, Pikes Creek. Mrs.
Edward Romananski, 44, Harveys
Lake, suicide. Mrs. , Russell Ide
Gordon, 92, Kansas. Kevin Keller,
infant, Shavertown.
Married: Maryann Kupstas ta David
Bonsavage. :
Golden Wedding: Mr. and Mrs. Bruce
Mr. and Mrs. Alex John-
son.
Birthday: 90th, Mrs. Bertha Ander-
son.
(Continued on Page 2 A)
Oldest Back Mountain Social Event Enters New Year
See — those two (top right) have the idea.
spell (lower left), who apparently
is helped to her feet by two gentle-
in existence, since 1927,
Chances
Dance is sponsored one week by
alternate week by the Community
The man who can tell you about it is Philip Kunkle, custodian for
the old “school house, for the last
twenty-eight years, with exception of six years he worked on the road.
characteristically, looking out over the
He knows all the calls, and usually joins
Drawing regular attendance from as far away thirty miles around,
ever, and moving into a new year,
our community.
65, Dallus. | 2. afi
89, Bethel Hill.’
THE DALLAS P
MORE THAN A NEWSPAPER, A COMMUNITY INSTITUTION
Steal Santa Claus
A near life-size {Santa Claus fig-
ure was stolen from the West Dallas
property of Floyd Slocum twenty
minutes after it was set up last
Monday.
Slocum is offering a $25 reward
for information leading to arrest
and conviction of the culprits, said
Dallas Township police chicf Frank
Lange. Slocum is wearying of the
occasional vandalism that befalls
his ‘ property, which is well-known
for its white deer figures.
Hogrebe Repents
Wild Night; Ott
On Damages Only
“Wrecking Dallas,”
Stopped By Friend
Outside Fire Hall
“The last of the big time spend-
ers”, said Delbert Besecker to bro-
ther Bob, who was tallying damage,
while window-men hoisted 250
pounds of glass into place in front
of a fluttering tarpaulin.
Thirty-five-year-old Chase con-
tractor Edward Hogrebe, who knock-
ed out five plate-glass windows on
Main Street at 4 Christmas morn-
ing, had an expensive and memor-
able holiday.
He was so deeply repentant at
the hearing before Justice of the
Peace, - Leonard “Harvey, Thursday
night; that the court and ‘the busi-
nessmen affected agreed to forget
about = the “malicious ' mischief”
charge (to which he had’ readily
pleaded guilty), if Hogrebe could
come up with around $1000 worth
of actual damage.
The only fine imposed was ten
dollars and. costs for disorderly
conduct.
“I only wish you’d done it sooner”,
he said to taverh-owner Bill Phil-
lips, who knocked him down, and
for all practical purposes, ‘out’,
with a punch in the jaw in front
of the borough building, not long
before police arrived.
Hogrebe had started the day to
buy what was apparently a stock of
liquid refreshments for a family
gathering, and he . had cases of
liquor and beer in his truck. Around
Christmas. modning, thongh,
still not home "and feeling poorly
he went into Phillips’ Main Street
bar and ordered Squirt and bitters.
Bill soon closed the place down, and
drove a friend to Kingston, and for
the next one-and-a-half hours Hog-
rebe’s whereabouts were a mystery.
Around 4 in morning, not moon-
lit, Phillips was coming back around
the bend below the traffic light,
saw Hogrebe’s truck parked square-
ly in the middle of the southbound
lane, and, as he and passenger Helen
Ide waited for the light, his door
was pulled open and he received
some mild abuse from Hogrebe,
usually a” good friend.
When he pulled around the cor-
ner to park, Phillips noticed that
windows in Bob Grise’s Restaurant
and Toni’s Barber Shop were crack-
ed, probably, ‘he conjectured, by a
thrown rubbish can.
It was just about then that
neighbors also put out an SOS on
the fire-ambulance phone = that
“someone is wrecking Dallas”, add-
ing that the police had been called.
The distress signal was picked
the center of the borough. Hogrebe
meanwhile, on a neighbor's threat
of calling police,
plank off the fence between the
Hardware Store and Boyd White's
and powdered Besecker's window.
There then ensued a series of
events where Hogrebe, who remem-
bered none of this later, alternated
between chasing Besecker with the
plank and knocking out windows
at the hardwarz store and finishing
the job at the reai estate office
window. !
Besecker got nowhere with his ef-
forts to convince Hogrebe to stop,
and ran into the firehouse to get a
svanner, wrench to protect himself.
The other was not at all phased by
the sight. of the wrench, so Besecker
went back to put away the wrench,
after dodging the plank a while.
Phillips, meanwhile; came back
across the street, tried to persuade
Hogrebe to go home, was unsuccess-
ful, and finally knocked him out.
Police chief Russzll Honeywell,
and patrolman Ray Titus and
Charles Lamoreaux took him to the
home of [Squire Harvey for charging
and then to Luzerne County Prison.
En route to the prison, in Kings-
ton, Hogrebe jumped ovt of the
car and ‘ran, but was. quickly ap-
prehended, although Titus suffered
a leg injury.
In addition to window damage on
in damage to window deccrations in
Besecker’s and merchandise in Jim
Hutchinson’s hardwar: store. In the
store, glass shreds were found far
in the back near the paint cans.
Property-owners Besecker, Hutch-
inson, and Charles Gregory agreed
with Leonard Harvey that, because
of his already-heavy expense and
subsequent willingness to cooper-
ate with the .law, Hogrebe should
not be fined for “malicious mischief”. |
WSS
up by Bob Besecker, who raced to
ripped a six-foot’
Main Street, Hogrebe's toot resulted
The holiday season entered the
scene in - the Back Mountain in
traditional and eye-catching array
—=lots and lots of snow.
While snow fouled the highways,
it» also filled the landscape, giving
everything a “marshmallow hat,” as
one young local poet said, and mak-
OST
Winter Sets In At Punisville Dam
TWO EASY TO REMEMBER
Telephone Numbers
674-5656 674-7676
EEE RE Na.
VOL. 75, NO. 53. MONDAY, DECEMBER 30, 1963
A glinting brooklet still holds its
own hard, winding course against
zemchak’s favorite subjects is the | the winter. [Under the downy ever-
scenery around Huntsville Dam, | greens a rabbit or a couple of birds
right near his home. Here he shows | surely warm themselves until meal-
the outlet of the dam last week | time.
after the big snow. A happy and beautiful New Year.
Photo by Kozemchak.
ing it all look like Christmas.
One of photographer James Ko-
MEDICAL ASSOCIATION
SENDS "CITATION TO
THE DALLAS POST
Luzerne’ Medical Association
‘sends a citation to the Dallas
Post for “unselfish contributions
to the health of the people of
‘Luzerne County, made during
.the Victory Over Polio Cam-
paign.”’
The citation is signed by
“R.. W. Bierly, M.D., society
president; Sheldon H. Kluger
M.D., Polio Committee Chair-
man; and Ben Badman, co-
ordinator.
The Dallas Post felt privi-
ladged to endorse and promote
in every way possible the re-
cent drive to render everybody
in the Back Montain immune
to Polio. The editorial staff was
. delighted with the response,
paralleling the response of the
rest of the County.
The Post takes this oppor-
tunity of encouraging residents
who missed the mass inocula-
tion with Sabin oral vaccine,
to seek protection from the
family physician, to the end
that Polio may take its place
among those diseases which no
“longer need afflict mankind.
Dallas Presents
2nd Honor Roll
Seventh grade of Dallas Junior
High School leads the Second Six-
weeks Marking Period honor roll
with 73 names, and the tenth
grade was top at the High School
with 68 scholars, according to the
principal's office.
TWELFTH GRADE: Samuel Ber-
»| key, Roshan Billimoria, John Bro-
minski, Robert Brown, Edith Chap-
ple, Susan Cheney, Connie Con-
daras, Teresa Cushner, Betty Cy-
phers, Marguerite Daley, Linda
Douglass, Howard Dymond, Beverly
Eck.
Larry Edwards, Charlyn Ell, John
Farley, Margaret Fleming, Mary
Frantz, Patricia Gorda, Gloria Grant,
Roger Hackling, Joanne Hadsall,
Marguerite Harowicz, Allan Harris,
June Hayes.
Barbara Hopkins, Lynn Hughes,
Bonnie James, Michael Jones, Wil-
liam Jones, Susan Karl, Thomas
Kerpovich, Anne Mulhern, George |
McCutcheon, Arthur Ondish, Sher-
rill Owens, Thomas Peirce.
Sylvia Phillips, Lee Philo, Dianne
Pope, Janice Prieba, Rita Rice,
James Richardson, Janet Roberts,
Linda Rowett, Jack Simpson, Roo-
ald Sinicrope.
Marsha Sowden, Sheryl Stanley,
William Swartwood, Karen Straz-
dus, Sharon Titus, Josep Ulinoski,
John Wancho, Patricia Whalen,
Zelma Whiting, Linda Woolbert,
John Wormeck,; Shirley Yablonski,
ELEVENTH GRADE: Judith Berg-
strasser, Susan Bogdan, Kathryn
Bomberger, Susan Dingle, Elaine
Dixon, Linda Lee Dymond, Ellen
Evans, Stephen Farrar, Reese Finn,
Jean Fleming, Marjorie Glahn, Wal-
ter Gosart, Monica Haradem, Bruce
Hopkins, Catherine Hudak, Laura
Jenkins.
Charles Hiller, Marilyn Moyer, Jo
Ann Norris, Dianne Pattison, Wil-
liam Roberts, Jean Shales Nicholas
Sosik, Shirley Stage, Judith Taylor,
Jo Ann Tucker, Ann Woolbert,
Helen Yagloski, Shirley Zarychta,
Rosemary Zekas. ;
TENTH GRADE: Scott Alexander,
Carl Altemus, Susan Banks, Ann
Barnes, Patricia Bauman, Emily
: (Continued on Page 2A)
Si
Predicts Solid Economy In 1964,
And Re-election Of L. B. Johnson
Roger Spear, official prognosticator for Babson’s
famous financial forecast, published yearly in the
Post in order to help you make some money in the
New Year, has this to say about the 196) outlook:
I am still emotionally upset as I make this forecast after
the brutal assassination of President Kennedy. I, however,
will try to submerge my emotions and base this forecast of
1964 on the facts as I interpet them.
1. OUR NEW PRESIDENT. I state emphatically that
President Johnson may accomplish far more constructively
before November 1964 than our late President would have
President Johnson understands better howe.
to handle Congress, and has the confidence of businessmen.
been able to do.
Therefore, I am reassured as to the first ten months of 1964.
2. ELECTION IN NOVEMBER. At
the Republican Convention in the |
summer of 1964, there will be al
conflict between Goldwater and |
Rockefeller, and perhaps others. For | | but may sell lower after the elec-
this reason, Mr. Nixon may slip in | tions. However, readers must re-
and get the Republican nomination. Droermbor that the Dow-Jones Ine
Certainly President Johnson will | dustrial list, which everyone seems
secure the nomination of the Dem- ts. think represents the market,
ocratic Party; he is a farsighted | may be very deceptive. ;
man, and knows politics. There- 10. SPECULATIVE STOCKS.
fore, with the Republicans nominat- | the approximately 1550 stocks list=
ing any one of the three leading | oq on the Nov: York Stock Exe
names mentioned above, I now fore- | | change, a majority have been going
cast! ‘that’ President” Johnson will | gown ‘while the Dow-Jones list of
be elected President of the United | 30 which everyone watches have
States in November 1964. All of been going up. This is due to the
this gives me more assurance that ! purchase of Dow-Jones issues to-
1964 should be a good year. | day largely by trustees, pension
3. TAX CUT. A tax cut will be | | funds, mutual companies, and others
enacted sometime during the com-
ing session of Congress; and it will
‘surely be made retroactive to Jan-
uary 1, 1964. The tax cut should | jones list will do better propor-
help consumer buying; it may even | tionately in 1964 than they did this
increase general business. | year.
4. CIVIL RIGHTS. Some sort of | 11. SWITCHING. Based on my
a civil-rights bill will be passed | above forecast, and having learned
by Congress during 1964. The Ad-
ministration wants to please the
South and hold its Democratic
votes there, but the civil-rights bill
now before Congress is not satis-
factory to the white people of the
North. Therefore, 1 forecast that
whatever civil-rights bill is passed
before the election of 1964 will be
considerably watered down.
5. NEGRO PEOPLE. The Negroes
will continue to make progress and
get more, but I predict that the
gains. will have to come largely
through changing attitudes of the |
people. Otherwise, ‘the situation |
will be much like the prohibition |
problem which the good people of |
the nation thought could be solved |
by legislation. Such reforms take
place only as the minds and hearts
9. DOW-JONES INDUSTRIALS. I
forecast that the stock’ market as
measured by the Dow-Jones Av-
| erage will make a new high in 1964,
dividend-paying companies. I fore-
up, I predict that 1964 may prove
to be a good year to switch from
some of
Jones stocks into other issues that
are now overlooked.
est me are the
which may now be purchased at a
discount to use in payment at par
for death taxes. I forecast that
more governments will be issued
may gradually sag as money be-
comes tighter.
13. CORPORATION BONDS. Those
buying corporate bonds should
either stick to issues of under five
l'years’ maturity or keep their
money in the savings bank. I pre-
of the people are changed for the | dict that long-term corporation
better. ! bonds will drop in price in 1964 as
6. GOVERNMENT SrENDING. Of | interest rates rise.
course, in the long run, the sur- | 14. TAX. EXEMPT BONDS. Like-
vival of a nation should depend | Wise, I predict that long-term tax-
upon its: spending less than it takes | €Xempt bonds will decline next
in. Nowadays, however, it is’ un- | year. They are even more over-
fashionable for consumers or |
government to have balanced | cause of heavy bank buying during
budgets. Therefore, I predict that | the past two years. I do not look
1964 will see a bigger deficit than | for this to be repeated in 1964.
this year’s.
7. DEPRESSION. Whether for
better or for worse, the voters have
been taught to believe they can
and should get something for noth-
ing, and only a severe depression
could ultimately change this belief.
I, however, look for no depression
in 1964.
8. AGRICULTURAL r OUTLOOK.
Although crops, prices, and farm in-
come may be basically dependent
on the weather, much of the world
is short of food. Russia’s and
China’s heavy purchases of grains
will do more to bolster U.S. farm
income than will government-sup-
ported prices in 1964, /
(
buying of tax-exempts to short ma-
turities; and I would avoid revenue
bonds. X
15. INTEREST RATES. I forecast
that interest rates will continue
at least as high as today, and will
possibly rise through 1964 in order
and uphold the value of the dollar.
16. DEVALUATION OF GOLD. I
valuation of gold during 1964. I
am personally acquainted with
conditions in. Africa, and will say
that those who «wish to speculate
in gold mines should consider
(Continued on Poge 2 A)
Of
that prefer fairly conservative dnd
cast that stocks not in the Dow- |
that only buying can send stocks
the overcrowded Dow-
12. GOVERNMENT BONDS. The >
only government bonds that inter- vu
long-term ones
| during 1964 and that their prices
priced than corporation bonds, be-
Therefore, I would certainly confine ;
to keep gold here in this country
forecast that there will be no de-
§
|