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Elderly widow urged to take high bond yields now
Letters debate. a widow with $10,000 in bank at 4 percent may earn $400 yearly. Proponents argue 7–8 percent AAA bonds could boost income, while skeptics warn rates, risk, and taxes. Readers cite municipal and utility bond options and mutual fund costs.
MENTIONED IN THIS ARTICLE
Wall Street
Pew Pond
American Can
Beneficial Corp
Cities
Ford Motor Credit
General Motors
Baltimore Gas and Electric
Bell ‘Telephone of Pennsylvania
Cincinnati Gas and Electric
Columbia Gas System
Commonwealth Edison Ps
Consumers Power
Dallas Power and Light
Florida Power
Ilinois Bell
Ohio Edison
Southern Bell Telephone