The sun. [volume] (Newberry, S.C.) 1937-1972, December 31, 1959, Image 2
PAGE TWO
THE NEWBERRY SUN, NEWBERRY, SOUTH CAROLINA
THURSDAY, DECEMBER 31, 1959
NEWBERRY/ S. C.
PUBLISHED EVERY THURSDAY
O. F. Armfield, Jr., Owner
Second-Class postage paid at Newberry, South
Carolina.
SUBSCRIPTION RATES: $2.00 per year in ad
vance; six months, $1.25.
BABSON
(Continued from page 1)
three story buildings to make
parking lots and municipal gar
ages much more plentiful.
32. The above also applies to
suburban real estate. I forecast
that new suburban zoning laws
will require houses to have va
cant adjoining lots sufficient for
present and future parking needs.
33. The demand for modern
stores and for centrally located
apartments will continue to in
crease during 1960.
34. I forecast that those build
ing % “single" house for their
own occupancy will also pro
vide an apartment for rent.
35. I forecast that large com
mercial farms should be profitable
in 1960; but many operators of
small farms, not properly loca
ted for suburban growth, will
eell to some adjoining farmers.
36. Small farms on well-drained
land and near enough to a City
for future suburban developments
should be held. I forecast such
farms should someday sell for
triple their present price.
37. Seashore property should
be held. The government can
print more bonds and corpora
tions can split and declare stock
dividends to make more stocks;
but only God can make seashore
property.
38. I forecast that real estate
taxes will increase during 1960.
Wise are property owners who
make their rentals “PLUS AN
NUAL TAXES.”
39. As the Russians gradually
move westward like a glacier,
taking ownership of all property,
wise people in Europe will sell
their present property and busi
nesses and move to the United
States.
40. I forecast that revolutions
in mining will continue during
1960, and you may find that you
are living on a valuable iron
deposit, if not on a gold mine!
INVESTMENT OUTLOOK
41. For the first time inthe
40 years that I have been pre
paring these Annual Outlooks,
I shall not take a position on the
Dow-Jones Average for 1960. I
am, however, inclined to believe
that the stock market in general
will hold up at least until after
the election. Then there may come
a break, whichever party wins the
election next November.
42. I forecast 1960 will be the
year to buy good bonds. United
States Government Bonds yield
ing five percent are a great bar
gain. Anyone buying them is
bound to make money. I also like
all non-taxable bonds and also
sonrje taxable but convertible
bonds.
43. I forecast some chemical
stocks will still be a good buy
in 1960, although they yield lit
tle income and are good only as
growth stocks.
44. There will be failures by the
thousand among those companies
now issuing electronics stocks. El
ectronics issues have become a
popular fad. There is also unem-
Mrs. Mattie Alewine, Boundary
street.
Mrs. Ruth Berry, 202 Glenn
street.
Mrs. Pansy Berry 78 Glenn
ployment ahead for many who
are now working in electronics
factories.
45. I forecast that the stocks
of electric power companies, but
not those of large cities, will be
in greater demand in 1960.
46. Of all stocks, I forecast
that United Fruit may be most
in demand in 1960.
47. I predict that only a few
railroads will be popular during
1960, such as Canadian Pacific,
Union Pacific, Northern Pacific,
and perhaps Southern Pacific and
Atchison: I am bearish on Penn
sylvania Railroad, New York Cen
tral, New Haven and all short
lines except for the Norfolk and
Western, my “pet gravity road.”
I also fear a short railroad
strike.
48. Failures will continue to
increase during 1960.
49. I forecast that the huge
national roadbuilding program
will give an uplift to business, as
it progresses.
50. There will be no marked
changes in money rates during
1960. Inflation will gradually con
tinue, but may not be serious
during 1960.
The best investment policy dur
ing 1960 will continue to be a
well-diversified portfolio with
one-third in stocks for possible
growth profits, one-third in bonds
for safety and income, and one-
third in cash in order to have
funds available for investment in
the severe and sudden drop in
the stock market which will come
some day.
CONCLUSION
The three handicaps to Amer
ican business in 1960 will be in
creasing installment purchases
the unfair demands of labor union
leaders, and President Eisenhow
er’s physical condition. The three
hopes for America are our church
es, our schools and our praying
parents.
street.
Mrs." Ruby Bedenbaugh, £009
Montgomery street.
J. Holland Bedenbaugh, Little
Mountain.
Mrs. Hattie Bauknight, Route 1,
Newberry.
Mrs. Mary Carter, 703 Main st.
Rufus Chapman, Route 4, New
berry.
Robert Dominick, Route 1, New
berry.
Mrs. Annabell Denning and ba
by boy, 2127 Nance St.
Mrs. Lila Mae Derrick and ba
by girl, Chapin.
Mrs. Rosalie Elliott, 718 Glenn
street.
Mrs. Georgia Fulmer, 13*1 Jef
ferson street. " *
Mrs. Ruby Glymph and baby
boy, Pomaria.
Albert C. Garlington, 1229 Cal
houn street.
Carlisle Humphries, 1000 Boun
dary street.
Mrs. Bettie Rae Long and baby
girl, Silverstreet.
Mrs. Euna Mize, Newberry.
Mrs. Estelle Marlowe, Harring
ton street.
Mrs. Marjorie Nance, Friend
street.
Benny Parrott, Route 3, Pros
perity.
Mst. Craig Riddle, Route three,
Newberry.
Miss Lucy Speers, 1711 Nance
street.
Leland Sheppard, Rt. 1, Pros
perity.
Miss Wanda Dianne Suber, Rt.
2, Pomaria.
Mr^. Leona Thrift, 1405 Dray
ton street.
Mrs. Bessie Thrift, 1504 Dray
ton street.
Mrs. Clara Wright, 808 College
street.
George Warren Chapman, 62
Bouknight Ferry Road, Saluda.
William B. Reeder, Jr., 207
Boundary street. ^
Martha Sims, Pomaria.
Eddie Suber, Newberry.
Eva Stoudemire, Prosperity.
Ed Watts, Route 3, Newberry.
Rufus Watson, 503 Bess St.
MILLS CLINIC PATIENTS
Mrs. Phyllis Amick, Prosperity.
Mrs. Vera Epting, Prosperity.
Mrs. Minnie Johnson, Little
Mountain.
Brooks Haltiwanger, Little
Mountain.
Mrs. Mattie Schumpert, New
berry.
Carl Epting, Prosperity.
Miss Lalla Martin, Ntwberry.
Mrs. Chloe Eleazer, Chapin.
Mrs. Shelby Seibert, Prosper
ity.
James Dennis, Leesville.
James G. Hawkins, Prosperity.
Mr. and Mrs. N. R. Ruff are
now making their home at 927
Langford St.
Mr. and Mrs. E. L. Clark have
moved to 2218 Harper St. to make
their home.
pnFPUCK AND CO
Use Your Christmas Money
to SAVE during Sears BIG
Now In Full Swing... See
Sale Catalog Now In Our
DEED
.TRANSFERS
Newberry No. 1 Outside
Melvin W. Hancock to Alva E.
Werts, Jr., one lot on Dave Dr.,
S5 and other valuable considera
tions.
Silverstreet No. 2
Elizabeth Fant Carlisle to Edna
D. Fant and Thomas M. Fant, 580
acres and nine lots, $18,750.
Bush River No. 3
Thomas J. Davenport Jr. to J.
Harold Cunningham, 9.2 acres and
one building, $5 and other valuable
considerations.
Whitmire No. 4
W. Hassell Miller to David B.
Miller, two lots and one building,
% undivided interest, $10 love
and affection.
Pomaria No. 5
J. H. Eargle to C. O. Eargle,
62.96 acres, $833.34.
W. B. Halfacre, Tax Collector
to M. O. Mayer, one acre and one
building, $26.54.
Prosperity No. 7
T. E. Risinger and Ruby D. Ris-
inger to W. S. Bates and Leone
Bates, one lot and one building, $5
love and affection.
Carrie Mayer Williams and
Jese Williams to Mrs. Blanch
Summers Bates, five acres, $15C.
Max S. Cook to Harold B.
Cook, one acre, $5 love and affec
tion.
UDC CHAPTER TO
MEET TUESDAY
Drayton Rutherford Chapter, U.
D. C., will meet at 3:30 January
5th at the home of Mrs. Elmer
Shealy on Hunt street. Mrs. A. J.
Briggs and Mrs. T. B. Lester will
be associate hostesses. Mrs. Louis
C. Floyd will have charge of the
historical program.
Recent Marriages
Gordon Wright Counts Jr., of
Newberry and Elizabeth May
Rickenbacker of Cameron were
married on Dec. 20 at Cameron by
Rev. Karl B. Kaufmann.
Jacob Leland Kibler and Betty
Jean Bodie of Newberry were
married in Rock Hill on Dec. 20
by Rev. Charles J. Shealy Jr.
Jerry Alewine, Rt. 3, Prosper
ity, and Eleanor Amick, Rt. 1,
Prosperity, were married by Rev.
John H. Koch Jr. at Prosperity
on Dec. 20.
J. D. Miller of Salem and Linda
Faye Huffstetler of Joanna were
married at Joanna on Dec. 24 by
Rev. Nathan Fleming.
Harry W. Dennis and Elizabeth
S. Spotts of Newberry were mar
ried Dec. 25 at Newberry by Rev.
Thurmond H. Vickery.
Olin D. Brown and Virginia W.
Kelly of Newberry were married
at Prosperity by Rev. W. D. Wick
er on Dec. 26.
Carl S. Smith of Newberry and
Emily Lucille • Moore of Prosper
ity were married on Dec. 27 by
Rev. Thomas F. Suber at Pros
perity.
William David Amick, Rt. 1,
Prosperity and Catherline Turner
of Newberry were married by
Rev. Thomas F. Suber, Rt. 4,
Newberry, on Dec. 27.
James P. Fulp and Virginia H.
Anderson of Newberry were mar
ried on Dec. 26 at Newberry by
Rev. Kenneth B. Wilson.
Come in and see how SEARS has rolled back prices
to give you extra saving’s during* this big WINTER
SALE. Save now for every member of the family.
Youil find the biggest bargains of the season in every
department . . . whatever your needs. Use that extra
Christmas Bonus to advantage. Make it go farther by
trading at SEARS!
TELEPHONE 1702 TODAY!
Catalog Sales
1211 Main St.
Phone 1702
Newberry, S. C.
Mr. and Mrs. James Fulp, who
were married on Dec. 26, are liv
ing at 1207 Speers St.
Mr. and Mrs. Tommy Hedgepath
newly-weds, are residing at 1912
Harrington St. in an apartment in
the D. J. Taylor home.
AUDITOR’S 1959 TAX
ASSESSMENT NOTICE
I, or an authorized agent, will
be at the following places on the
dates given below for the purpose
of taking tax returns on all per
sonal property, real property, new
buildings and real estate trans
fers. Persons owning, property in
more than one district must make
returns for each district.
AH able-bodied male citizens
between the ages of twenty-one
and sixty are liable to $1.00 poll
tax.
CHAPPELLS
Monday, January 4, 1980 from
10 until 12:30.
SILVERSTREET
Monday, January 4, 1960, from
2 until 4. —
WHITMIRE CITY HALL
Tuesday, January 5, 1960 from
10 until 3:90.
JAMES HOMER CROOKS
STORE
Wednesday, January 6, 1960,
from 10 until 12:30.
ARAGON-BALDWIN MILL
Thursday and Friday, January
7 and 8, 1960.
POMARIA
Monday, January 11, 1960 from
10 until 3:00.
BANNIE CATHCART’S STORE
Tuesday, January 12, 1960 from
10 until 12:30.
A. E. AND R. E. REESE STORE
Tuesday, January 12, 1960,
from 2 until 4:00.
G. M. & R. E. NEEL’S STORE
Wednesday, January 13, 1960
from 10:30 until 12:30.
PEAK*
Thursday, January 14, 1960,
fsom 10 until 2:00.
LITTLE MOUNTAIN
Friday, January 15, 1960 from
10 until 3:00 o’clock.
ST. LUKE’S
Moore’s Store, Monday, Jan
uary 18, 1960, from 10 until 12:30.
O’NEAL
J. P. Fellers’ Store, Monday,
January 18, from 2 until 4:00.
OLIN FULMER’S STORE
Tuesday, January 19, I960,
from 2 until 4:00.
KINARDS
Oxner's store, Wednesday, Jan
uary 20, 1960, from 10 until 12:30.
PROSPERITY
Black’s store, Thursday, Jan
uary, 21, 1960.
BUCK GAUSES’ GROCERY
Friday, January 22, from 10
until 12:30.
At Auditor’s office to March 1,
after which a penalty df 10 per
cent will be added. .
RALPH B. BLACK, Auditor
Newberry County, - S. C.
S. C. PA
Phone 200 Newberry, S. C.
wm.
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Throughout the year, and especially at this season,
we feel a deep sense of gratitude to our customers. -*■**■'
Without folks like you, there would be no company like
ours. Without your confidence in us, we could not
continue to prosper and grow.
~ C H:. And so, at this time of year, we like to put into words
the appreciation we feel at all times—to say, simply and
' '/*
sincerely, “thank you.”
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ON THE SQUARE
NEWBERRY. S. C.