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
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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