{ title: 'Newark courier-gazette. (Newark, N.Y.) 1967-1968, December 28, 1967, Page 15, Image 15', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn88074233/1967-12-28/ed-1/seq-15/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn88074233/1967-12-28/ed-1/seq-15.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn88074233/1967-12-28/ed-1/seq-15/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn88074233/1967-12-28/ed-1/seq-15/ocr.txt', label: 'text/plain', meta: '', }, ] }
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Lison Business Forecast Sees ' 6 8 Holding Unlimited OpporiunHies OpporiunHies in Nation N4wark>l.Y .Courter-<5#i«tt» cominii especially that In le ss desli ’111 en-a r ea s-w ill suffer from th e s u e - 1U. S. corporations in the c year; our government will w ith o u t hope is to sin. increa^se cUvldend 00^ 0^ 01^ m funds to carry su ch o ther hi d o have hope that o u r' foreign subsidaries. ' ipareels. Broadly, the betterment ‘ treifd an d their government | 12. Ratioi at the naany an^ ‘ Admimstrat tion, social cor-Reserve is o f crisis i s opportunity. Itr ' se n s e ,we p r e d lit w ithout re v a tio n th a t 19M will hold p o r tu h ities unllraited for country. ,. Now th a t 1 in devalu ed. Will be s ev er ely ' discounted, ihrepaifuf ioiis ft]ireadlyi| even more costly m ade andf in th e Jhafeihg sh ould m ortgage money, reduce th e datigef-o f archases and the storm s ' ' ’ vacant property—that red! adv a n ces ha v e b een j c ellen t lon g-range in esir able niade through the bSlldt box i h ' opp ortu nities for those seekin g dry-m ajor m ayoralty electio ns. A h - ’ in com e during the first h a lf- aopeful sig n is th e risin g ‘ .» * < % i . , i , the part j {jg o f th e ‘. h ig h - trend toward responsll are correct Iri th e iption. ..w e ca nno t i ahead m aintain ed long in 1968. se ctor. We are w illin g t o stlc k ln a o n stock s m ay a lso prove to ■ , 30. Higher pay sc a les, the e l-'o u r necks o u t a nd predict t h a t ! b e ou tsta nd in g pu rchases for ___..... aidshcd recent in c’eases in total the summ er o f i968 wUl not be w + s the new ^ ^ feet of 'e s t ron g ' Slf ens ff w th e ' d o k n Ve ■ fo reca st th a t • a fter som e also larly fum bling, both the Con-on 1 gresB and t h e F ederal R eserve pow is cut ha ic ' nevt wlH^rnove w ith determ ination to .there will he ■ -------- ones th a t t bull m ark et, in t be in a bu y in g > 1950’s—m ay range during [n jo fe co stly m on ey I toll o f grow th. 3. M ajor stim ula tio n econ om y in the early j 1968 will come frorn a s( b y auto and allied lines to ip ak“ up for produ ction lo st in 1967, busines.s v su rg e to new m g m ror dollar raids on the va lu es an d productioh, busin ess not be devalued 1 w ill fin d th e goin g rougher a s, 17 There will th e m o n th s un fo ld. Scarcer an d ^ urip leasaiit.^ A fter j n eb^^^ ^ 5g There V ill’ be ' ' it. an a r ly - y ea r , j 7 hi hi, f 01 id however, take it s ^ a T i to t h e -revaluing part o f a more cram ble rencies 1 18 The ’Ombined w ith a stockpiling of stee l a n d alum inum in a n tic i-ning out of v patip n o f strikes later nex t year ever .along wii in t h e se activities.. taxc;>' will later Iwve 4. so m e additional escalation ing effect on profits o f th e V ie t war will occur n e x t 19 sh ort-term mtt y ear. B u t w e ha v e alr eady ex - will rise faster than p erien ced th e m ajoi im pact on m the months ahead bu sin ess of th e nittssive buildun 20 This will h.ivi a in a r m s outlays; whatever a d d itio na l procurein rnt comes w ill n o t be a deterinir<ng factor on 21. In turn, th e course o f ig ss ’ -i business. underway in t P resid en t J ohn son is torn be re.strained I money managers repeated . n a tio n through t ■\Sf; >-1other currencies has '■ ability to expand Cxf h e stoc If.co m e su bject a assessm ent .Ithough up now, they lular. The 1 year a g o we predicted degree o f 1967 the ‘ old arist'ocracy ! boild port ____? chip s based on past | nave to take when m ohey pass- •• would“ be r e - 'e s its crisis. T h a t tim e m ay lew a tisto cr a ey o f lc o m e during 1968 not been popi Every period . o f m oney ze raises doubts as to the \wrihgitig o ut” th a t i follos arid loan s will I ( iesir e lo “pour it o and brin g home v er. If r ecen t tig h te n in g o f on N orth Vie tin results by la te 1 f'xpend!- arjd h is sin cere wish to go 22. Inventories in history a s a peacem.ak-hap s sh a r p ly -in an d prospective o f 1968 . . . taper of.' ‘ .he .military v ise.23 Busines.s c.ip.tal am fa ils to bring tures should start the year .spring . , . look a stroim rote: but ns the vear for sp ectacular moves toward advances, pro.sptcts fo r'further n e g o tia tio n s. Under these car, | j,a y,s will beconi' dimmer cu m sta n ce s we feci the ch an o e s, 24 With wage Ruidelmea now 60-40 th a t 1968 Will mark defin itely junked, there will bi- p h a se -o u t r.f our m ilitary a stampede by labor g e noe n llv ^■ (^ ration ............... * .................................... payments. Oreatest hope for d ia l m U in 1968 is th a t European n a - of the bli rest r a te s,tio n s that have t e e n In a busi-performan long-term ness slump will errjoy recovery placed by 'm aking a belter m arket for su per-able m anagem ent restricTiv\ oyp produets there We forecast ' upon hopes of good futi v..il.ibilny arid that our goverem ent w ill d i s - ; form ance.\ Now I looks a s i f : m any of the large finan ce corn- mortgage funds ryss. and perhaps im plem ent, m any o f th e issues representing pany stocks liste d on the N. Y , 1 ih.-recovery now export su bsidies during th e year concerns w ith super-able for-Stock Exchange. Som e o f these hom» building win .ihead ward - lo oking m a na g em ents j have broad holdin gs in other 1 ind perhaps rc-32 Current talk of the pos have just plain becom e o v e r - 'lin e s - yet they are sellin g ilOSC versed as 1968 mu\ei. along '.sibihty of a n even “ho tter” valued in the m .n k et place. W -i'to their “cellar” lows. 'When but aparlm eni construction summer ahead in our racially believe it will be unw ise in 1968 m oney rates froth up and should rem aia in an uptrend unbalanced big ritie.s should be to cha.se after such. fo v er next yea r—as v 2. i \Mll r ise - p e r - ^ ' I - a good in vestm en t ( will be I n oppOTiuhi- sented in this Boyhood Memories , w ill s oa r ,,.w h en t h e - strllce th e I ns in Vie tnam . to bring gain s in line with tn i t .t h e -m o st decisive c on - huge advances made by th nextt year w ill not be United Auto Wo. kers; the an salary concept for prodiic workers will gain furthe em y accep er to des ,ATION. coming year will t stoppages by st.rc cal piiblie cmplovr f lic t n e fo u g h t on the battlefields of S o u tiie a st Asia. It will-^be here tion 1 linst the one en ceptance m 1968 by a fium- stroy ber o f American ir.t'as a t h o m e agains t h a t ha s t h e pow ■.S. .S. .. . INPLAV t h e U .. 7. C ontrary t o th e old. adage agressm en won't 1 ?r u trie.s. 25. A labor feature for i be widespread : I th a t C o ngr com - .sto city, and In- m it p o litica l suicide by v o tin c a u c p lojffs: the b.i,t- t a x h ik e In an election year, we tie on this front will surely do ex p e ct a revenue act in 1968 long and bitter It m ay include excise im pasts 26 With elections comin g in as w ell as in come levies. the autumn. rorigies.s will not ' 8. .T he A dm inistration will be vote any restrictive l.ibor le-iis- forced to reduce total expendi-lation in 1968 Al'liough we an- itu r es for th e com ing year by ticipate that credk controls may t $ 6 -to -$ t0 billion. While the w a r . possibly be invoked in the Ad- co ntinu es, m ost o f th is w ill have m inistration's s'rupele with in- ,t o be lopped o ff non -defense nation, there is ho chance that By DAN PORREY As in a dream a call com es pleadin g While I reflect and breathe a sigh. It's a c a ll th a t only m em ory c.an he a t. Through the years rolled sw iftly by. From out o f the tartd o f boyhood T h a t ca ll com es plea d ing in vain . For I’ve come up through tho se years, un th in k in g T h a t I’d care to see them again . O why m ust the tim e pass so quickly. Brin gin g a ll th e care, and strife ? w hy do I dream o f !ho O f the struggle we call 0 There’s ..ik :ruck pla nts finally get back to ork. For a w hile t h e n there .m ig h t develop a sp eculative I wave in these issues. B u t« e predic t it would be ,eb.nse after auto stoet great e arly-year ? cyclical in n perlenci i are r ex i e softie rough _during the upcom in g battle !again st” in flation .iVe tliJhk : there are better opportunities istron gly situated aggressive 'm erchand' s on any . slren g tli. Tltey ature, an d may , there a r e i d ^ dow n “} on speni there will be a renew ede flare-up o f the an ti - h a liistic - m issile I scare. Look for additional ap- ■ T l C r ' i l ip rlations to build a thic ker (during the first year, with advances taperin g .as lautunm approaches. Over-all, look for another increase in we ii living expenses of ( and It would not surprise :th e toll should Use to the 4' level. The \bad boys” will cor finue to be soaring service costs prise'-us if e \ pecially medical—and u p - ; 'spirals in transportation and I finished-goods tags Food m a y . jin ch up a little more as pro- cessing costs mount further: /“ 8° ’’Tolal cash receipte^ from | I farm m arketings should a d - , vance moderately over figures' ■ for 1967: however, th e relentless j up -push, of costs will take it s : toil and farm ers’ net incom e' will do well to improve even] s lig h t ly ,. notw ithstandin g some relief from higner government: payouts. Large marketin gs pro-1 inise to restrain cattle quotes and hold this source o f farm r r ' S , i : . y '\ ! S e r S £ : : ^ t o firm' consumer with Stoi benefit fn for the year. The irage facili- rom tim e to •hing carefully for king advantage-of^: rf unties pro- her m ost prolific sources of i Vmm: Thursday, D ec. 2 8 , 1967 The Perfect Oiamontf me tal. e d ev alu atio n o lu n d c au s e d a b ig r u s h in - issu es t h | for a loh m ay be day, n o t pwrchas,ers , t h e y -way h a ve losses tim e: altriough they ;ht on som e dista n t fJtt y e a r . , day, n o y ear . , num ber 47. W e p r e d ic t th a t a 1 )f h u g e inte m a lio n a l concerns v ith sn a re s tra iled in th e UB .in d iio t su b jec t t o th e in terest- equa liza tio n t a x -r-particularly ^ buslp ess t h e“ h a r d m on ey” na tio n s “} European Mav’ na y do. b e tte # t h a n g o ld t stocks during t he yea r now jpening. , 48. W ar issu es—so-ca lled de-j JSE CITY IjBiI ceVERS 48. War issues—so-ca lled de-j ten se sto ck s—-hiay d o so w ell i n , 1968 as e q u ities o f tho se co n-1 cerns th a t w ill b e ne fit frofn art en d to t h e w ar bu ildup. D o n o t ' g et \locked livto\ w ar sto ck s •.. j sin iply because they b oast high j current pro fits an d order back- e e x ce l- le stocks. 49 B u dd in g iMue? ar le n t ’ ex a m p les dr peaci T hey lo o k a litijle h ,g h novy fol- lo w in g l9'67's recovery in hom e building; ho w ev er, w e predic t t h a t w h e n the' m o ne y pressure g e t in to ler a b le so m etim e next th e re m dy d evelop anoth er ,_^,^ ,rtu nity t o g e t in to buildin g e q uities w ith a n w e to future su b sta n tia l ga in a f te r th e V iet aaseput. 50.. In co nclusio n, under the stim ulu s of th e F ed 's 1967 o n ey b a th ’* ~ a n d Spurred by | he a v y strike—c a tc h u p o u t p u t ; a n d stro n g ac tiv ity to beds a g a in st c o m in g la l —bu sin ess co u ld o f th e ea r ly “m IS ! •tly. .t h e , th e on rn sfiln g ih flfttion. j do h o t bertevf th a t th e } w in staftd toy A tiiericap PPPPle a nd see their •utoed. ditd ,great country 'heri theT m oney m ana g ers s t e m th e m oney flo o d —a n d t h e A dm in istration arid Congress, sh rin k the budget d e f ic i t —th e u p thrust o f bu sin ess and pro fits w ill he curbed. T h is m ay not be ~so p leasan t for a„ w hile. I t bould be doVmright un p lea san t. B u t it w ill su rely h o ld far g r ea ter prom ise for a j lo n g er a n d su nn ie r tomorrow. 331-5555 sfRd. Canandaigim phone 394*5361 M Furnace Cleaning G A S EQUIPMEi4T SAFETY CHECKED KITCHEH PL A IN S CLEANED SMALL PLUMBING JO B S C. E ldon N a r y 3 0 5 W.U nloil S t. F h w e 331-2 7 7 1 N e w ^ 'thsnkyeu for lefting us serve you! We’re looking forward There’s an old rhyme—th a t boyhood seasoh a short span o f y ears; • glad h ea r t a ll loo so bh will a ch e ioys be r e p la c e d w ith f e a rs . tat. a boy’s { And h is j .i end often during our Biost promising Hew Ifeor! posed by Mr. McKTanlara. ifla p will be a ccom panied by a J ip rlations IMLTER CAVES ■be, & Millwork I” St. Phone DE f-3 00 0 I think of the happy axfur.sions buying ■associated w ith the progranL 45. W hen discussions of in flation get in to h ig h gear In 1968, a tte n tio n t ^ i ag a in be fo- t o “protect” be told to je. B u t re- m em ber th en t h a t sto' because their earnin f no t because a te ag a in st in flatio n .” We predloi 't h a t fnan:^ w ill fin d to their 'sorrow th a t Uoeks h a stily happy oods turnin g green in the spring; 3er’s notes from t h e sw am pland. To the w c I hear the pipei And see wild geese high on the wing. The song o f the thrush and fohin , . ............r u sh a i ________Th e woodpecker's busy tattoo frog’s hoarse croak m id c a tta I hear, under God’s g rea t vault of blue. iwviznvruma m EL;cYRouIcs' I‘. V. if su m m er. Thc long gold en days o f i ■When w aters—muddy or clear. Would in v ite our youthful nak ed ness To th e fun w e loved m bst dear. COIOR TV .SPECIALIST-BLACK £.WHITE-9fcD;0-STERE0*C.B. 6bE MAIM ST 154 w UNION S T * N E W A R K« ; 3 ^ 33 1 - 2 4 3 0 'sorrow th at Uoeks h a stily ou g h t a s infl&tiqh ‘‘proteciloft\ !had no such m y stical valu e. Autumn—w ith it s blaze o f glory! W hen the ta n g o f fro st in the air Held a prom ise o f d ifferent psustlmes. And school seem ed onr on'fy care. !had no such m ystica l valu e. :46, There Will alstS be a great buzzin g In th e.„ C p m lh g m o n th s about gold stock s a s a w a y to m oney o ut o f a dollar. In th e pric e o f th e pre- Tlip chill of w in ter held no terror, For the blood Of y o u th runs strong. The ponds and h ills had a diffe re n t call, And we responded w ith a song. J .‘J - __________ ’-^ E Union St. DIAL DE 14798 Newark ), Happy boyhood’s carefree pleasures! Could I hut know them o n b m ore To m eet again th e friend s t kn ew , Th ose pals o f ih e days o f yoke. I know th e y m ust c herish those va fd sh ed days 'That a few short years ca n ch a ng e From boyhood’s joys and carefree life To m anhood's to il and pain. ftory dim . t h is ea rth w ill sever. In the G reat Beyond Soon th a t call will fade, and m enii Soon OUT tie s w ith ‘ ‘ So I prav we w ill m eet Where childhood lives forever. As i h pidtHre ebattges ff you the very best of tVtrytUng, W^mlj thank you f w youf l o y d t j AtiA BAUER MOBIL H O M £ PARK Vienna R d. Nfev/arit i, ^ HOTEL W IN D S O R HEWARK -^ a y your house rock with happiness the y e a r lo ng! W e’re tin g lin g With ex citin g p la n s to serve you b e tte r .th a n ev er I T hunk y o u ! -P A L l O t l T S S if OE STORE READY MIX CONCRETE F o r ^^>M dy a n d Low C o s t C o iis ttiic tk in W JAllED MATERIALS AND 6R AV iL STATE TESTED ABRAM CLEASON Co., Inc. pa l m y r a NEWARK Phwi* LY y.5241 DE 1-4729 P R A T I'S R E S fA U R A N T COCKTAIL LOUNGE WILL BE OPEN FOR N E W YEAR'S EVE. s e r v i n g \4 :3 0 P.M . TO O L O S IN G CI.OSED NEW YEAR’S DAY RESERVATIONS APPRECIATED PH O N E 3 3 1-0951
