REAL ESTATE: Babson Holes Up

Ever since he predicted that Boston and all other U.S. coastal cities might be destroyed by the atom bomb (TIME, May 13), Roger Babson, paid counselor to businessmen (Babson’s Reports, Inc.) and gratuitous adviser to the world, has been looking for a place to hide. Last week, in the heart of Kansas, he found it. In Eureka (pop. 3,803), Babson bought a dilapidated three-story Main Street building occupied by a beer tavern and roomers. He intends to construct vaults underneath it, deposit in them the voluminous records of his wealthy clients.