Houses, farm land are super investments
Real estate, particularly houses and farm land, have proved to be a “superior investment” for combatting inflation, according to a Purdue University study.
It also found that from 1960 to 1974, middle-income investors fared far better than those in upper income brackets. Purdue economists said “The middle income consumers, $5,000 to $25,000, have apparently had a superior mix of assets and debts for hedging against inflation. The concentration of assets and debts in the hands of high-income consumer-investors, $25,000 or more, has probably not benefitted this group relative to others during the recent “inflationary periods.”
John Wayne losing movie popularity
John Wayne is dropping out of favor with the movie-going public, if a list of the top 10 box office stars means anything.
For the first time in 25 years, Wayne is not on the list compiled by Quigley Publications.
Robert Redford topped the stars, followed by Barbra Streisand. She was the only woman named. The rest of the top 10, in order, were Al Pacino, Charles Bronson, Paul Newman, Clint Eastwood, Burt Reynolds, Woody Allen, Steve McQueen and Gene Hackman.
Wolfe selected for Ambassadors Band
Chris Wolfe has recently been notified that he has been selected for membership in the American Musical Ambassadors Band. This highly-selected concert band compromised of outstanding high school and university students will tour several European countries next July 22-Aug. 1.
Chris, who plays drums, is the son of Mr. and Mrs. Paul Wolfe and is a member of the Westview High School Band directed by Mike Mangan.
Annual Yule gathering Dec. 6
A group of friends enjoyed an annual Christmas party Saturday noon with dinner at the Pagoda Inn.
A red candle arrangement and candy cane favors centered the single table.
Later the group went to Fountainview Nursing Home, where three tables of bridge were played. Prizes were awarded to Mrs. Henry Cripe, Mrs. Elma Court, Mrs. Gaylord Miller, both of Elkhart, and Mrs. Tillie Kasbaum.