Investor advised not to panic on bonds amid rate shifts
Sam Shulsky advises a reader who bought Commonwealth Edison 7s and NY Telephone 7s that their top-quality bonds will continue delivering about 7% income. The broker hype to sell for tax exempts is questioned, and the writer notes the caller’s continued income and tax position justify holding. The reader asks about class A utility shares with dividends paid as additional shares.
MENTIONED IN THIS ARTICLE
Sam Shulsky
Airmar
R\ovealmant Ouida
Commonwealth Edison
NY Telephone
Investment Q and A: Dividends Bonds Taxes and Insurance
A reader column reviews strategies for cash dividend options versus stock dividends, taxation of capital gains, and alternatives like preferred stock and bonds. It covers inheritance gains, declining balance life insurance, no load funds, and NH bond interest taxation in a concise, period-voice advice format.
Owner Bitten By Pet Cobra in Louisville
James Ochler, 24, owner of multiple snakes, was bitten on the thumb by a cobra while peeling scales from its head. He received anti venom serum and was reported doing fine Monday by police.
MENTIONED IN THIS ARTICLE
Louisville
James Ochler
Ochler
For Better Health Scar Tissue Joining with Organ Is an Adhesion
Q and A column on adhesions from surgery. Describes how scar tissue can form connections between adjacent organs, with examples of internal adhesions and the need to cut them during later operations. Also mentions eye damage from welding and pancreatic cancer signs such as jaundice and abdominal pain. Includes letters to Dr. Andelman for future columns.
MENTIONED IN THIS ARTICLE
Jonly
A.C. A
Waldemar von Zedtwitz Plays Bridgette at Cavendish Club
At 75 Waldemar von Zedtwitz takes up Bridgette, playing East against three no trump in New York. He spends time counting points and executes a nine of spades over dummy’s six, aiming to draw diamonds and access spades. The move pressures South’s spades and leads to successful defense.
MENTIONED IN THIS ARTICLE
Oswald
James Jacoby
Waldemar von Zedtwitz
Bridgette
New York
Cavendish
Waldy
South
Boose
Declarer
West
Unclear fragmentary chess note with scattered words
Fragmentary OCR text lacks coherent events or entities. It mentions a question about what to do next and a term about trump, but no identifiable people, places, dates, or organizations to anchor a factual summary.
ASH to ask queen to withdraw royal tobacco warrant
Action on Smoking and Health plans to appeal to the queen to revoke the royal warrant held by Benson and Hedges, claiming the mark could imply royal endorsement of smoking. Dr John Dunwoody of ASH says the warrant on cigarette packs may be misread as approval. Betsy Rutter previews the Happy Puppeteers production of Where the Wild Things Are on TALK OF THE TOWN.
MENTIONED IN THIS ARTICLE
London
API
Action On Smoking and Health
ASH
Benson and Hedges Tobacco
Medical News
Tribunel
John Dunwoody
Betsy Rutter
Talk OF the Town
Kcrgradio
Also Mentioned on This Page
Tre Investor
Ques
Ine
Pgs
Mort.gage
Toa
Fed
USA
Dr. S. L. Andelmen
Andelman
West Barssz
Neai
Pess
Booth
Cedar Rapids
Wame
Optimist Club
Y.M.C.A
Jans Boyd
Shakey
Empress-Executive Health
Petite Beauty Salon
Elaine Powers
Country Kitchen
Boddickers School OF Music
Romain
Gee Feel
McDonalds
Texas
RAMCO
Dunkin Donuts
Breckfast
Mario Fine Cosmetics
Marje
Barlow
Chapman Golf Center
Jerry
Little King
Kingsgard Cleaners
Allied Radio Shack
Marion
Goodyear
Howard Johnson Restaurant
Chaice
BO Boy Restaurant
CAFE
Shilon
Josef
Amteut
Temarro
Paramount
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