Investment guidance on high coupon bonds and inflation effects
The article discusses whether to hold or sell a high coupon bond bought at par amid rate changes. It cites Dr. Victor R. Farhi on factors like investor needs, bond size, and potential reinvestment. Inflation erodes dollar value, raising required yields. 3 percent bonds and above become less attractive, suggesting long holders may keep income or diversify with shorter or nonredeemable options.
MENTIONED IN THIS ARTICLE
Victor R. Farhi
Stock Exchange
Bache and Co
Jig
Tal Mail
Runaway chlorine barge stabilised. Louisville evacuees return
In Louisville along the Ohio River thousands were evacuated after a barge loaded with 610 tons of liquid chlorine became wedged during the March 19 gale. Salvage engineers stabilized the vessel and residents began returning home on Sunday. California beer consumption rose in Q1, reaching about three million barrels, up from the prior year.
MENTIONED IN THIS ARTICLE
Louisville
Loursville
Ohie
Hart
San Francisco
Three County Draft Boards To Share Office
Des Moines state selective service director Col H J Fielsbacker said three Iowa county draft boards will share office space in Toowa City starting April 26 moving into room 204 of the post office building. The move lowers workload and cuts costs for registrants with Linda Behret and Cleo Jen son assisting in the office. Registrars have been appointed in Iowa County to register men at age 18, reducing travel. registration will take place at the Town Hall Williamsburg Town County recorder Courthouse Marengo during normal hours with Alice Andrews Gladys Roths and others on duty. The Town City office operates 8 am to 4 30 pm Monday through Friday.
MENTIONED IN THIS ARTICLE
Des Moines
State Selective Service
Col
H. J. Fielsbacker
Towa
Thel
Cleo Jen
Tipton
Iowa County
Alice
Andrews
Town Hall
Williamsburg
Gladys Roths
Town County Recorder’s Office
Courthouse
Marengo
Town
New York Civil Service Strikers Reach Tentative Pact
Albany AP Striking New York state employees reached a one year contract with a 6 percent total raise including an immediate 4 percent boost and a 1 4 percent productivity payout due April 1 1973. The pact, approved by four union units, requires no layoffs to fund the raises and now goes to members for ratification. The walkout began Saturday noon and affected 24 hour services and prisons, easing by Sunday after round the clock talks. The CSEA represents about 128 000 members around 141 000 state employees through its four bargaining units.
MENTIONED IN THIS ARTICLE
Albany
New York
Civil Service Employes Association
CSEA
Retail food prices easing but retailers urged to cut more
Washington AP reports Labor Secretary Hodgson says the food price crisis is over for the moment but urges retailers to fulfill their pledge to lower prices. He notes wholesale declines and a lag before retail effects show, while both Hodgson and Agriculture Secretary Butz press Congress for quick action on strike containment legislation amid talk of a possible nationwide railroad strike within 60 days.
MENTIONED IN THIS ARTICLE
Washington
James D. Hodgson
SUIL
Hodgson
Earl L. Butz
ABC
Butz
Nixon
Jahr
Congress
Look See Tour Set for May 18
The twentieth annual Look See Hear Ask bus tour of the Cedar Rapids Marion area is scheduled for May 18. Sponsored by the Chamber of Commerce with cooperation from schools and city hall, it offers residents a first hand inventory of private and public improvements from the last year. Seating is limited to about 800 with a 1.50 price per person. Reservations start with civic and professional groups. after April 24 seats open to the general public on a first come basis. The tour departs the Second Avenue bridge at 9 10 a m and returns at 1 15 p m with no lunch stop.
MENTIONED IN THIS ARTICLE
Cedar’ Rapids
Marion
Chamber of Commerce
Second Avenue Bridge
Lindbergh Rescued From Philippine Jungle Expedition
Charles A. Lindbergh and 36 year old expedition leader Manuel Elizalde Jr and 25 scientists were evacuated by US Air Force helicopter after their Tasaday forest camp ran low on food and the helicopter broke down. They reached Clark air base and praised the rescue, leaving the Tasaday cave dwellers undisturbed in the Philippines.
MENTIONED IN THIS ARTICLE
Manila
Charles A. Lindbergh
Lindbergh
Air Force
Philippines
Clark Air Force Base
Tasaday
Manite
Manuel Elizalde, Jr
Radioad
Elizalde
Year-Old Girl Rescued From Chimney in Wichita
Firemen saved Michelle Campbell a year old girl who fell feet first into a chimney leading to a basement furnace. She was wedged, soot covered and tear stained but not seriously injured with scratches and cuts on her back and knees. Parents described her as hyperactive and prone to escaping through windows and the roof.
MENTIONED IN THIS ARTICLE
Wichita
Kan
UPI
Michelle Campbell
Charles Campbell
Michelle
Campbell
Nader group urges probe of FDA influence by industry
Ralph Nader health research group asks Congress to investigate drug industry influence at the FDA. The report seeks a conflicts review, guidelines for hiring consultants, and notes two FDA officials were reassigned amid industry complaints. It accuses consultants of research for pharma firms with potential financial stakes. It cites an indicted former FDA researcher and mentions an apartment committee in Cedar Rapids Marion seeking uniform procedures and information sharing.
MENTIONED IN THIS ARTICLE
Washington
Ralph Nader
Congress
Consumer-Advocate
Food and Drug Administration
Nader
FDA
Fire damages unoccupied house on Great Western Ave
Fire crews responded to an unoccupied house owned by Robert Lyon on Great Western Avenue in Oelwein. The blaze rekindled after initial extinguishment, sending firefighters back to the scene to contain renewed flames.
MENTIONED IN THIS ARTICLE
Oelwein
Robert Lyon
Great Western Avenue
Also Mentioned on This Page
Sam Shulsky
Q—Tve
Savings and Loan
Federal Savings and Loan Insurance Corp
Shulsky
Te Gazette
Sam
Monsietlely
New York Civil Service
Ower
Marian
Jim Jordan
Fibber McGee
Molly
Hollywood Street
NBC
Graven
Cedar Rapids
Ha Day
Movnes
Stove City
Dale’s Fruit Market
Center Point Road
Brach’s Candy Assnriment
Jonathan
Willow Twig
Eee
U.S. Air Force
Tain Pines Aviyarit
Retail Advertising Associates
Higley
Nader Group 5
Eek
Verne Phelps
Cedar Rapids- Marion Area
Dia
Malloy Jewelers
Third Avenue
LE YI
M. R
Marty) Smith
Moneyer
Maytag
Ium
First Ave
Caf
Walter J. Miller Co
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