The Independent-Record from Helena, Montana • Page 10

The Independent-Record, Sunday, April 29, 1945 PageThrM Plain People World Meet Those Who Furnish Men for Wars Want Some Action Rufh Hoffo Vavaf Ensign In Ithaca i Button, April Ruth Holto of Button and Ens. John E. Hodgskiss of Choteau, were united in marriage In a ceremony performed in a Lutheran church in Ithaca, N. Y. The bride is the daughter of Mr.

and Mrs. K. Hofto of Button. She is a graduate of Northern Montana college, Havre. She has been in Ithaca some time, in the employ of the extension By Thomas Stokes Saa Francisco, April Roger W.

Babson's Financial Forecast Survey of Industries On Postwar Basis, Is Made by Babson By Roger W. Babson Babson Park, April 2S --On a recent vacation in Florida, I had time to study Ameii- ca's greatest industries i glass and fibers, as well as paper, purposes, should be In demand 11 rnUIr. ac? trt The rubber companies should make more money after the war, Current quotations, however, suggest that tlf.s group is only fairly priced, rather than attractively priced at the moment. The textile industry should remain a sound investment for some years after the war. It also has a good ratio as to book of Cornell The bridegroom is the son of Mrs.

Emily Hodgskiss ot Choteau. His father, the late J. E. Hodgskiss, served at one time in the lower house of the state legislature. Young Hodgskiss was at- special thought as to their safety va lues.

No spectacular rise, how- for nostwar investments. ever, can be expected in textile a i i i 1 ending Montana State bg fen ed he variety when he left to take a naval raining course. Smoke-Jumping Plan Is Receiving Notice on Coast Missoula, April E. Olson, western fieldman for the American Forest Products Industries, who came here on business with forest headquarters, said Montana's smoke-jumping system is receiving wide attention on the coast. Thus far, it is little used there but It may be more generally employed later.

Partly because of the use of With the highest hopes, the plain people of this country and th world look to the United Nation conference here. The plain people suffer most from the wars. They give their sons; they have their homes bombed; they wander desolate and hungry, as I saw them recently in Europe; they are imprisoned in foul places and die like animals, as they did under the Nazi tyranny just revealed in all its horror. It is these people -who will be watching when the world's diplomats gather. Their voices must be heard.

The political leaders and the diplomats assemble under auspices outwardly propitious on several counts, much more so than for those who met in the gilded halls of Versailles a quarter of a century ago, and failed to find the answer. "Well Timed It is fortunate, for example that this conference is being held now, in the flush of victory, before the war is 01 er and disillu- on has wormed its way into the weary souls of the people and their fighting men. It is an advantage, too, that this conference meets after long preliminary preparation, after full public discussion of the ne- interests still selfishly adhered cessity of an organization among I to, revealing still a lack of faith nations to quash future one another, sion at its source, after a process Patience Needed Tlie Big Five The industry, best able to meet ever, can be expected in textile securities. 1 am not an authority on the after the war. This applies to agricultural machinery and perhaps to railroad equipment.

The immediate postwar of office equipment depends upon what the Allied governments do with their surpluses. Industries to Avoid The machine tool industry has had and passed its honeymoon. Certain public utility stocks, beir.s, or to be, liquidated, have profit possibilities; but the bloom is off of the rest of the group. Profits of the coal industry TMP innimtrv jesi amtf if j- ivmv inflation be retail trade, tobacco industry. My severely decline after the intlation, bnoum ue icia nwov pr insist that the tobacco 0 Those concerns having a value approximately equal to the selling price of their stocks are chains should be safest of all.

The oil group should come next in order. Probably the greatest gamble, for good or ill, are the gold stocks. The chemical industry should emerge from the war a leading postwar industry when the pharmaceutical group is included. Many new miracles are still in the laboratory stage. The electrical equipment Industry, including electronics and plastics, offers attractive fields-especially for returning servicemen.

Aviation should be included with the big five, although its future is somewhat uncertain. I like best the transport com- however, insist that the tobacco stocks other than cigar stocks --are reasonably priced and should be included in a diversified portfolio. Certainly the building and furniture industry should be mentioned at this point as having a good postwar future. This includes the cement, paint and certain steel companies. Uncertain Industries war.

This especially applies to the anthracite companies. It seems as if the receipts of the motion picture industry would fall off after the war if television becomes universal. fire, Mr. Olson remarked. ground, for we are asking nothing material for ourselves.

of the airplane manufacturers. An Investment Group The paper and container in- This group includes the heavy steels which are in the "feast or famine" category; I am not now forecasting their postwar outlook. As a rule I like the food stocks --baking, canning, dairy products, meat packing, quick freezing, beverages, shortenings, etc. They, however, are now too mixed up with government regulations. However, I rate the dairy products first, and the canned fruits last.

The postwar outlook for the automobile and truck industry looks good to me now. I class dustry should have better days it in this uncertain group because material iur I dustry should nave ueuer uu.vs ims uuuen.am i There are some knotty a i i a d. This especially applies to my associates believe prices of leras which this conference tlle com panies which TM ovo tnn face, some for which a solution have diversified in cans, plastics, i 1 rl TTI til yet has not been found in the, lengthy preliminary Most of them involve national of education such as did not precede the Versailles conference. It is good, too, that this conference meets in San Francisco, on our own soil. It gives us an added sort of responsibility, it demands our full leadership, it provides a background sane and wholesome and free of the taints of war too close at hand.

It is a place where our national ideal- They should, however, be solvable, if there is good will all around. They should yield to adjustment through patience, and patience is going to be a very necessary quality at San Francisco. It above all should be cultivated. Unless the leaders and the diplomats do settle these problems, do arrive at a formula for some ism can express itself more eas-, international organization, they ily. For other nations, too, it Lie likely to find the people should be virtually neutral! the world most impatient.

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W. Cassidy Of Clyde Park Dead of Wound Officer in Marines Was Leading Platoon When Hit Livingston, April James W. CasMdy has been in! formed that her husband, a lieu- enant in the marines, was mor- some automobile stocks are too high. Banking and insurance stocks should be held to a limited amount by all investors who want gradual growth rather than yield. Equipment, for other than war SEE OUR STOCK OF MODERN, EFFICIENT GAS CIRCULATORS WEDGEWOOD GAS RANGES TANKS for your GAS OR COAL CONNECTIONS C.

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Thej HJs parents? Mn an( average citizen is not inclined Jamgs Cassidy, live in to be tolerant of the diplomat cly Park; wnere he formerly re- and diplomatic processes, of i volutions and involutions. He is ready for thinking. plain and straight Spice Your Spring Outfit With JOYCE As sassy as Spring herself, come in several dreamy colors to stimulate your wardrobe. Red, green, beige, black and brown $6.50 to $7.95 THISTLEWAITESHOECO. --Costume Jewelry-- A fellow officer has sent details in a letter to the widow.

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