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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Feb 06, 1960

Page

17

Successful Investing Public Utility Stocks Good As Investments

From New York State readers ask about retirement plans and a $5 000 to invest in stocks and bonds The advisor suggests totaling capital and not adding to it rather than making aggressive moves He notes stocks offer growth and dividends while bonds are less volatile and cautions on risk in the current market

New York State Otter Vito Midwestern Textron Electronics Baird Atomic Baird

Rotary Executive To Speak For 2 County Groups

Louis P. Shannon, renowned on the American economy, will speak twice in Elyria next week. Monday at 6 30 p m after a Sales Executive Club dinner at Hotel Graystone on Three Impressive Sales. Tuesday at noon at the YMCA he will address Rotary on Three Impressive Sales as essential for public welfare and national survival. Shannon, based in Winnington Del, is manager of Du Pont Co extension division and has spoken to over 1 200 groups in 11 years.

Louis P. Shannon Elyria Hotel Graystone Rotary YMCA Serr Shannon's Winnington Del Shannon The du Pont Co du Pont

Recordings of Property Sales Down Last Month

City deeds totalled 408 last month, down from 433 a year ago, with agricultural deeds up 10 to 68. City mortgages were 381 totaling 4,029,192, versus 469 and 5,056,383 a year earlier. Agricultural mortgages 82 valued at 1,101,924, compared with 1 and 1,360,260. Chattel mortgages 2,036, up from 1,338. One plat recorded: Moorewood Subdivision No 2 in Avon Lake.

Leota Mitchell Moorewood Avon Lake

Elyria Man Elected VP At Land Title Guarantee and Just Co

J. Schreiber, longtime Elyria office manager, was elected vice-president at the annual stockholders meeting. A member of multiple associations, he joined the firm in 1933 and now oversees Elyria and Painesville offices. The note discusses secure bonds vs stocks and offers conservative stock recommendations including American Telephone, Southern Company, and Southwestern Public Service, with analysis of growth prospects and a brief, dated investing Q&A referencing Midwestern Instruments, Textron Electronics, and Baird Atomic.

Car J. Schreiber Elyria Land Title Guarantee and Just Co Schreiber W. 0. Zaiser Painesville Lorain County Ohio State Rotary Club American Telephone Telephone Southern Co Southwestern Public Service

Davenports by the foot at Elyria Upholstery

George Holohach, owner of Elyria Upholstery Co., 627 West Broad St., reports booming demand for extra long davenports sold by the foot. He notes orders for special sizes, a display of varied styles, and choices between cotton, nylon, and avion fabrics with growing use of cotton treated for durability.

Elyria George Holohach Elyria Upholstery Co West Broad St George Stan

Kerr Demonstrates Soot-Free Furnace For Local Home Heating

Edwin Kerr of 13272 Root Rd Columbia Station demonstrates Iron Fireman’s Custom Mark II, claiming 100 percent combustion with soot-free exhaust. A trailer demo shows white glove cleanliness, 2 to 33 percent fuel savings, and a sealed combustion system that may vent outdoors without a chimney. Information on the new Custom Mark I for warm air steam or hot water heating is available through Kerr.

Edwin Kerr Kerr Columbia Sta Trention Root Rd Columbia Station R. C. Wright Iron Fireman’ Manuacturing Co Cleveland

Also Mentioned on This Page

Elyria Area Business News Carl J. Schreiber Elyria Man Jatter Southwestern Hi Shop Taner Posshiy George Peper Amercar Sohio Barres West St George Barres Manufac Turer Jack A. Elliott H. G. Pyle Central Bank of Lorain Elliott Fred Austin Sheffield Lake Lorain Central Bank of O'Neil Sheffield Wisconsin School of Banking Madison Wis Charlene Kenneth Lois North Jefferson Blvd Masonic Order Lions Club O'Neil Sheffield Merchants Association Pennzoil Pennsor Independent Oil Co., Inc Center Ridge Cho Carews Villa Lake Avenue Fairfax K. D Minnesota Anderson Armstrong Georgia Pacific Lagrange Lumber Railroad LaGrange Fier’s Maes Restaurant Broad Street Capitol Theatre Travelmart Hoteis Hanna Ride Ohio Bill’s Mobile Service East Broad Park Avenue Bill McClelland Paul Paul Kanuch S. Abbe Road Graystone Hotel Matts Dick Cyprus Rathskeller SAVE eBiriser Gibson J. D. Jones Inc Amherst
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