Word: prediction
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Dates: during 1950-1959
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Newsboard candidates do not have to wear glasses, nor even be able to predict the new German ambassador, but they will have an opportunity to question this Crimed's successor on Quincy Street. The competition will involve not only newspaper technique, but the digging up of news everywhere from trash baskets to racetracks...
Nevertheless, so much stock is being salted away for long-term investment that, despite a 212% increase in 25 years in the number of shares listed, there is a growing shortage of stock. Wall Streeters predict that big institutional investors-trust funds, insurance companies, and pension plans-will own $50 billion worth of stock by 1965, or 24% of all stock on the exchange. Assuming that small investors keep buying, the exchange will need a great deal more stock to satisfy the demand. And stock prices, as in any marketplace, are likely to follow demand...
Thus, as new plants and facilities are paid off, more and more of industry's cash flow will show up as net profit. Even if business levels off or turns down slightly, dividends may rise. By 1959 economists predict that dividends may well increase by 50% to a total $16 billion annually...
Weather prognosticators predict a fair day Saturday...
...other side of the fence, many administrators and faculty members think that the University must expand at any cost. Faced by statistics which predict the doubling of applications to the College by 1965, they advocate that Harvard admit six or seven thousand students, even if it requires thousand--man lectures and the climination of tutorial. Such changes, however, might constitute a radical transformation in the education the College now offers. They would open the door to increasing mediocrity in instruction and physical facilities: an after-dinner sleep for Harvard College...