European Stars And Stripes (Newspaper) - June 16, 1985, Darmstadt, Hesse                                June 1985 the stars and stripes Page business news 19 Washington a farm land plummeted 12 percent in value during the past a drop so severe release of the information was delayed while statisticians scrambled to double Check their the decline was the largest oneyear drop in farm land values since the it marked the fourth straight year of falling prices for agricultural the Agricula investors guide by William Doyle it occurs to my husband and me that we could greatly improve our childrens financial situations by making a gift to each of with the under standing the Money is to be used to open individual retirement to make this we would make the gift to each child when he or she reaches a certain such As 28 or they Are in their 20s now and we know they would have to be earning incomes in order to open do you see any flaw in this plan As Long As you impress upon your children that they should keep the iras in if your off Spring Cash in their that will defeat the purpose of your generous assuming your children maintain their the you give to open each account should grow to a tidy sum by the time each child reaches retirement if each of those Young adults can afford he or she should continue to put Money into his or her Ira in subsequent by providing the Money for the children to open youll get them started toward solid financial some parents make gifts of Money to their adult children every so that the children can make an Nual contributions to that a great provid ing it Doest leave the parents strapped for we recently put into an individual retire ment account with a no Load Mutual fund that invests in common do we just sit Back and let our investment in this fund grow you can sit Back for a but you should keep an Eye on your by checking the value of the Mutual funds share in newspapers and by Reading the shareholder reports the fund mails to the per share value of a Mutual fund holding common stocks rises and Falls pretty much in line with the ups and Downs of the Overall Stock some Mutual funds outperform the Market by doing better while others under perform the a note of no one Mutual fund turns in the Best year in and year does any individual fund show up on the performance Tail end with a Mutual you should be satisfied if your investment does about As Well As the general Stock the annual and quarterly reports your fund sends you should list a comparison of the funds performance against a measurement of the Overall such As the Standard poors Index or the Dow Jones Industrial if your Mutual fund under performs the Market for a couple of you would be Wise to move your Money after my father we discovered he had been into the Stock except for his he had confided to no one about those most of the stocks have been sold and the Money has been put into Bank certificates of to provide a More secure income for my my father had a which is not redeemable for approximately 20 exactly what is a debenture its a corporate debt similar to a As is the Case with a the company that issued the debenture has pledged to pay annual interest and to redeem the debenture at its face value when it reaches its maturity most Bonds Are secured by liens on specific such As a mortgage on a piece of a on the other is backed Only by the general credit of the company that issued think of a debenture As an unsecured corporate my savings Bonds Are All registered in my name or the names of Ray different children and grand can i have my stocks registered that Way you can have your stocks reissued in joint ownership with the word and Between your name and the names of other but putting the word or Between the names of joint owners of stocks is an unacceptable form of no Transfer agent that knows its business will Register stocks that Over the photocopies of Stock certificates with or Between owners names have come to this a i can say is that some Transfer agents drops 12 worst since 1933 Ture department reasons for the decline included Farmers credit prob Low commodity High interest rates and the Large number of farms flooding the land us a researcher Bill Heneberry theres an awful lot of land on the Market right Heneberry there Are auctions where the land Doest sell because the seller int willing to take such a Low the 12 percent drop in the year ending april 1 followed declines of 1 percent in 6 percent in 1983 and 1 percent in which was a Peak year for agricultural land the steepest oneyear drop on record was 19 percent in with the effect of 4 percent inflation taken into a the real value of land was off by 16 the department hardest hit were the Corn great Lake states and Northern All of which suffered losses of 20 percent or six new England states new Rhode Island and Connecticut fared actually gaining 14 percent in a reflection of demand for residential or other nonfarm land the annual assessment of farm land values is compiled through surveys of real estate farm managers and others involved in farm land this years report had been scheduled for release ear but was delayed in part because the latest figures were so extreme that department analysts wanted to go Over them Heneberry farm land averaged an acre on april the report Down from last the largest percentage decline came in a Center of the past years farm financial where values were off 29 Nebraska was close behind at a 28 percent prices were Down 27 percent in and South Dakota saw values drop 26 falling land values add to the financial squeeze on Farmers because much of the Money they borrow to oper ate is backed by their the lower the the Sha Kier their financial positions and the less they can Cash rent prices for farm land also but not As rapidly As land the report adding that Proba Bly was due to increased Competition among farm opera tors for land to rather than to Heneberry said it is difficult to predict How much far ther land prices will fall before hitting digest heated subject a photo Mel Pearson of Minneapolis holds the thermostat he found in the trunk of a friends the which still was made in 1889 by the consolidated temperature controlling the company later became the Honeywell the firm from which Pearson japans assets abroad double becomes a debtor nation Tokyo a Japan last year doubled its net assets abroad to a record High and joined Britain As a leading creditor among democratic the United fell to debtor nation status last attracted by High interest Japan invested heavily in portfolio investments in the United states for the Lions share of its billion in net overseas the finance ministry japans record net overseas assets marked an increase from its 1983 figure of billion and third place status in last years figures of external assets from Britain and the United states were not West Germany ranked fourth in 1983 with net assets of Britain held second place with new pension agreement signed by and Sweden Stockholm up the United states and swe Den have signed a new pension agreement that reduces the number of years citizens from the two nations must work in the other country to receive retirement under the new an american must work in Sweden for at least one year instead of three years in order to receive a pension at retirement from the swedish government for the period of work in a swede working in the United states for at least 18 months will be Able to receive an american pension based on the earnings British airways to resume concorde flights to Bahrain London up the concorde is to resume flights to Bahrain this summer in a bid to attract More business travellers to the British airways it will be the first time in More than four years that the supersonic aircraft has flown to the persian Gulf Public considers most executives a betimes poll says xteh7 new York up most people believe that most corporate executives Are that White Collar crime is frequent and that those few executives caught receive lenient a lbs new York times poll the poll of adults found that Only 32 percent of the Public believes that most corporate executives Are Hon while 55 percent believe most Are the rest had no Richard head of the chamber of com shrugged off the saying the press has overplayed recent indictments and thus had conditioned that reaction from the the National Telephone conducted from May 29 through june 2 and published in the new York had a margin of sampling error of plus or minus 3 the closest thing to a vote of Confidence came from groups most Likely to contain Many the times of respondents with family incomes of More than 49 percent said most businessmen were honest while 43 percent College graduates were divided 47 percent to 43 percent for the groups most suspicious of businessmen were Only 18 percent of whom saw most executives As with 62 percent disagreeing with 26 percent seeing honesty and 59 percent dishonesty and with 27 percent seeing honesty and 59 percent fifty nine percent of the Public said White Collar crime was with 34 percent saying it was an occasional occurrence and 3 percent said hardly almost every population subgroup saw it the same the times eight five percent of the Public said most White Collar criminals get away with their while 11 percent thought most get Only 23 percent thought the government was making enough of an Effort to catch while 68 percent sixty five percent believed punishment was too lenient for White Collar criminals who Are 24 percent thought it was about and 1 percent considered it too