Successful investing past record hints at future gains
Reader questions investing basics from a college student to a widow. Advisers caution against risky bets like Benguet and endorse long term growth picks such as Galton Industries Hess Oil and Chemical and, for others, caution on municipal bonds versus stock. A columnist answers on diversification and risk tolerance with specific stock guidance. Vodka market growth noted with 397 percent rise 1955 to 1966.
MENTIONED IN THIS ARTICLE
Benguet
Philippines
Continental Copper
International Paper
Galton Industries
Hess
Production drop hits Index as auto output leads slide
The Index fell from a recent peak as auto production and electric power output drove the decline. Auto production dropped 22.6 percent in the latest week due to part shortages from strikes at General Motors foundries. Steel and power data showed smaller shifts, with oil refinery runs up 2.5 percent and surface transportation components turning higher. Intercity truck tonnage rose 5.7 percent, miscellaneous carloadings up 5.3 percent, and all other carloadings up 5.1 percent.
MENTIONED IN THIS ARTICLE
General Motors
Honored for designing a toy model by Ronnie Patton
Ronnie Patton of 5955 Broad Blvd North Ridgeville received a junior engineer certificate from Toy Tinkers division of A G Spalding and Bros for creative imagination and skill. The model will enter the 1968 Scholarship Award Program with state finalists to be named in February 1969.
MENTIONED IN THIS ARTICLE
Tinkertoys
Ronnie Patton
Broad Blvd
North Ridgeville
Toy Tinkers
A. G. Spalding & Bros., Inc
Ronnie
New York
Sears recalls 6000 gas base board heaters
Sears, Roebuck and Co. recalls about 6000 gas base board heaters due to defects that can cause carbon monoxide leakage. Investigations found through-the-wall units with dangerous performance and most units were sold from September 1962 to December 1966. Owners are urged to shut off recalled models and contact the nearest Sears store.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Sears, Roebuck and Co
Sears
Venezuela Leads World in Oil Exports at 3.3 Million Barrels
Venezuela remains the top petroleum exporter with about 3.3 million barrels sold on international markets daily from a production of roughly 3.5 million barrels. It ranks third in total global production behind the United States and the Soviet Union.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
UPI
United States
Soviet Union
Realty sales rise in Lorain County January report
County Recorder Leota B. Mitchell reports a sharp rise in real estate activity in Lorain County for January. City property deeds totaled 522, up from 320 a year earlier, while rural transfers fell to 59 from 84. Mortgages climbed to 400 valued at 5 058 598, with agricultural mortgages at 64 totaling 2 192 364. Financial statements filed were 619, versus 701 a year ago.
MENTIONED IN THIS ARTICLE
Lorain County
Leota B. Mitchell
Recorder
Taxpayer Wins Tax Court Ruling On Election Mailing
A stockholder who claimed a corporate tax election was mailed to the District Director prevailed in Tax Court. The judge found credible testimony that the election and consent were mailed, creating a strong presumption of delivery and defeating the IRS position.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
Internal Revenue
TRS
Pers
Director of
Elyrian Ends Insurance Class Training in Springfield
Robert J Bonczek a native of Elyria and associate in the Cleveland Office of Massachusetts Mutual Life Insurance Co completed a week of training at the company's school for life underwriters in Springfield Mass He holds a BS degree from John Carroll University and joined the Cleveland staff last May.
MENTIONED IN THIS ARTICLE
Robert «J Bonczek
Elyria
Cleveland
Massachusetts Mutual Life Insurance Co
Springfield
Mass
School For Life Underwriters
Bonczek
John Carroll University
Lane Bryant Names Westgate Store Manager
Keith H. Amon, formerly an assistant in Lane Bryant’s training program, is named manager of the Lane Bryant store at Westgate Shopping Center effective February 1. Joseph D. Isaacs, general manager of Lane Bryant, announced the move. Lane Bryant operates stores in Cleveland, Southgate, Shoregate and Midway Mall.
MENTIONED IN THIS ARTICLE
Keith H. Amon
Lane Bryant
Westgate
Joseph D. Isaacs
Amherst
Amon
Cleveland
Southgate
Shoregate
Midway Mall
Also Mentioned on This Page
Roger E. Spear
IBM
Boeing
National Cash Register
Merck
B. S
Lake Shore
Occidental
Lake Shore Mines
Transamerica
A.W
Arthur Maillard
Wolfschmidt Vodka
Aeon
Business Week Index
Furnteure
Grafton Road
Carey
Lake Ave
Lorain
Jim Dulio
Koplin Drug Store
al Times
ALL Service, Corp
N. Rhige Ba Bast
Entral Exicomcialing
Wilms
Weeeker
TLS
Lower Street
Rt 113
WEW
Eer
20Th Street
Pearl Coa
Virgil’s Kitchens, Inc
lnGrange
Ohio
Bob's S
General T
Corver Clinic
Park Ave
Angelina's Pizza
Cleveland St
Stoney's Lones
Oberlin Rd
Church St
Bill
Park Avenue
Bali
McClelland
Doman
Musicland
Buckeye Air Serve
Buckeye Air Service
Elyria Airport
Middle Avenue
Randy Jims
Sie
Furnace and
West River
Conateria
East Bridge
Leetik Ae Fon
Cali
Chrysler
Randy Payne Auto Sales
Cleveland Street
Steve
Vie Booy
Edgewood ST
ROYAL
Yorkshire CT
Chronicle - Telegram
Cae
Nick Diecemso
Elyria Avenue
Lorals
Sibley Roofing & Sheet Metal, Inc
Ceedent Street
Cherry Knoll
William L. Raby
CPA
Elyrian
POY Aero
Penrzoil
OICO
Lorain National Bank
Wirind
Fislgal Peper
Bob Beck
Sandy
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