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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 09, 1969

Page

7

Insurance Firms and Mutual Funds Link Up in Mergers

Two industries with assets near 250 billion dollars life insurance and mutual funds are merging to form convenient partnerships. By late 1968 third quarter 153 mutual funds and 79 insurance companies merged operations, potentially reshaping consumer protection and drawing antitrust scrutiny due to concentrated power.

New York Orr Wiesenberger Financial Services

Insurers Fuel Rise of Mutual Funds Amid Market Shifts

The article notes life insurers increasingly sponsor or create mutual funds, with Anchor Funds and Tsai Management Funds highlighted. It discusses the shift from fixed returns to variable returns, inflation pressures, and insurer salesmen’ s resistance, predicting a continued but slower growth in the mutual fund trend. It ends with a reminder that a lost pet can be found via a classified ad.

U.S

Holidays at Kentucky reduced by governor

Frankfort Kentucky AP says Gov. Louie B. Nutt cut the paid holidays for state employees from 164 to 9 per year ending a long era of generous time off seen as enviable by private workers.

Frankfort Louie B. Nutt

Souths Slam Aspirations in a Complex Bridge Play

In a bridge hand South plans a six level slam using trumps split 2-2 after ruffing a club. East misreads a deuce of diamonds, misperceives danger, and instinctively scores a pent up victory as South proceeds to ruff and discard toward a potential slam.

Souti West East South Diamonds King of Diamonds Soul

Medic Delivers Baby During Viet Cong Ambush

In Saigon a U S 9th Infantry platoon halted a night ambush to aid a laboring peasant woman. Medic Theodore Brown of Baltimore assisted the birth around 3 am Thanksgiving, bathed the infant, arranged evacuation, and the platoon cared for the newborn boy.

Saigon UPS U. S.9th Infantry Division Theodore Brown Baltimore Brown U. S

Also Mentioned on This Page

Agi Bridge By Oswald James Jacoby Fuld Anchor Funds Washington National Insurance Co Tsai Management Funds Ith Continental Assurance Co Wiesenberger As Rose Morss South North East South Iead Egela Vist Waterina, Lev ESS Ast Beast Teen Sheldon America
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