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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 30, 1962
Page
11
Reader asks about tax exempt Treasuries versus taxable yields and how to allocate $100,000 cash. Adviser outlines tax considerations in a 62 percent bracket, recommends keeping liquid funds, and suggests investing part in short term tax exempt notes while preserving cash for emergencies.
Carl J. Schaffer, 52, Lorain native and 101st Airborne Division veteran, elected incoming president at the 17th annual reunion. The Holland event honored General Maxwell B. Taylor and linked U S liberation history with Eindhoven. Attendance included 700 members from across the United States and a guest from Honduras. Schaffer, a father of two, works at Ohio Edson Company.
Erie County commissioners and residents dispute NASA plans to lift security restrictions on Plum Brook land near Milan Road. Officials seek a water main along Milan Road to serve three cites while property owners resist costs and potential zoning changes tied to the former Plum Brook Ordnance Works site.
Caps on masonry walls and chimneys protect against weather. A cap adds several inches of cement mortar with a slight twitch to shed water quickly. Mortar is adequate for most home use and caps are required on walls to prevent moisture buildup.
The sheriff's deputies investigated thefts at two gasoline stations. Sterling Tucker reported a break in with an impact wrench worth 40 dollars and other items taken. At Charles Lentz station on Route 82, a vending machine outside was broken into and change taken. Attendant Robert Furman said two people fled when he arrived for work at 6 am.
An advertisement promotes ODRINEX a nonprescription tablet claimed to curb appetite with no exercise. It touts a seven day fat loss claim a $300 price and a money back guarantee with return to druggist. Hess & Hess Drug Store Elyria offers mail orders.
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