Should I convert Atlantic Richfield preferred or take gains
The Atlantic Richfield convertible preferred trades near parity with its common and yields about 2 percent. Do not convert. instead consider selling part of the holding to realize gains and reinvest for higher income, balancing potential tax. Con Edison preferred yields above 6 percent. a sale to realize a loss may not offset the ARCO gain enough to justify triggering taxes. Do arithmetic with a tax adviser and reinvest proceeds into a higher income choice.
MENTIONED IN THIS ARTICLE
Richfield
Atlantic
Consolidated Edison
Atlantic Richfield
Con Edison
Student Radicals Still Showing Zeal
AP reported that a six day International Assembly of Revolutionary Students in New York brought activists from 10 nations. The conference sponsored by Columbia University’s SDS chapter exposed clashes between theory and action and between American and foreign students. Crowds at evening sessions ranged from 300 to 800 with about 20 foreign participants. The gathering displayed red flags and images of Che and Mao and yet failed to finalize a plan for a Mexican consulate rally.
MENTIONED IN THIS ARTICLE
New York
International Assembly of Revolutionary Students
Columbia University
Students For A Democratic Society
Columbia
France
Germany
Italy
Spain
Mexico
England
Canada
Norway
Sweden
Che Guevara
Mao Tse-tung
American Student Dismisses March Plan Referencing Subway
A student voices doubt about marching miles away from the location and suggests the subway as a possible route. The remark shows uncertainty about the feasibility of a distant event and seeks a faster option.
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