Prudent Stock Picks for Estate Trusts and Growth
A New York trustee asks about investing about $50,000 for three elderly beneficiaries. The adviser endorses prudent man rule, suggests part in US Treasury notes and the rest in solid stocks like Woolworth General Motors American Telephone and Baltimore Gas and Electric, with cautions on growth versus yield. The column also addresses a reader with Pecos Exploration and another on long term capital gains and warrants.
MENTIONED IN THIS ARTICLE
New York State
Treasury
Woolworth
General Motors
American Agricultural Chemical
Unity
Baltimore Gas and Electric
American Telephone
Bbase
Tower Petroleum Bulding
Dallas
Texa
Steep Rock Iron
Canada
Colson Corp executives visit Elyria for new product view
The Colson Corp led by top Chicago offices gathered in Elyria to preview a line of new precision lifting and handling units branded Herculite and to mark the 75th anniversary. The Cedar Street plant hosts a display while other Colson facilities span Elyria Woodford Avenue Jonesboro Arch Somerville and Toronto.
MENTIONED IN THIS ARTICLE
Colson Corp
Elyna
N. A. Price
W. W. Ruppel
Price
Ruppel
Colson
Corporation
Chicago
Elyria
Cedar St
Colson Bicycles
P Powersa
Trucas
Iplant
Elyma
Woodford Ave
Jonesboro Arch
Somerville Mass
lift-+ nz
Cleveland
T Research and Development
Toronto
Colson Canada Ltd
Eigma
Exrcciie
Aco
D F Aden
Wice
Saies
4 & Coorlim
Como
Lauren E Wureerives
Mantans Hes Vferr
Pert Mz Sas
Dinestor
Four Economic Factors in Lorain County Talk
Lou P. Shannon addressed the Sales Executive Club of Lorain County and the Elyria Rotary Club outlining four factors for a stable market: balanced production with scarce resources, less work hours, and consumer desire for better goods. He urged citizens to uphold responsibilities in a free society and noted Tennyson Guyer will speak at the next meeting.
MENTIONED IN THIS ARTICLE
Lorain County
Graystone Hotel
Louis P. Shannon
Lorain ‘County
Elyna Rotary Club
Shannon
Tennyson Guyer
Mar
It Never Rains Montpelier Washington County News Note
UPI report from Montpelier Vermont notes Washington County authorities report a minor incident involving Tracy Lawson and a three ninety automatic device. Details are unclear due to fragmented text.
MENTIONED IN THIS ARTICLE
Montpelier. Vt
UPI
Washington County
Tome
Tracy Lawson
Davs
Car Sales Operation Expanded
Pat Zimmerman expands his used car business by adding a lot at Fifth Street and Middle Avenue accessed from his service station. He has run a Fifth and Middle location since 1930 and began selling used cars two years later. He plans to grow stock and staff, with Harold Brewer and others joining, as part of a larger expansion involving national buyers.
MENTIONED IN THIS ARTICLE
Pat Zimmerman
Fifth St
Middle Ave
Zimmerman
Fifth and Middle
Posse Ce
Ulalvement
National Thea
Harold
Brewer
American Exchange
Wood
Oberlin
Big Gain In Elyria Sales Due For March
Elyria leads Ohio in sales prospects for March 1959 with projected retail sales of 5.13 million, up 10.7 percent from March 1958. Lynn tops national averages with a 7.5 percent rise, continuing Elyria and Loram as sales hotspot markets per Sales Management magazine.
MENTIONED IN THIS ARTICLE
Elyria
Ohio
Llynn
Loram
Investment Firm Opens Cleveland Office for Wellington Distributors
Joseph E. Canning opened a Cleveland office for Wellington Distributors Inc. The firm handles wholesale shares of the Wellington Fund and Wellington Equity Fund. Canning will cover Ohio Indiana and Kentucky and has been with the company since 1956, previously based in Chicago.
MENTIONED IN THIS ARTICLE
Joseph E. Canning
Wellington Distributors Inc
Cleveland
Wellington Fund
Wellington Equity Fund
Canning
Ohio
Indiana
Kentucky
Chicago
Also Mentioned on This Page
Roger E. Spear
Massachusetts
Harvard College of Amory
Pecos Exploraton
Robert Elzey
Elyria Office Equipment Co
Jim Mills
Bill Buckland
Smith-Corona Typewriter Co
Elzey
United States
Retland
Frank Wash
Hank's Motor Inn
LaPorte
Hank Lettece Creem
Enno Phome
Peon
Botamer
Inzoil
Pennzo
Pennzoil
Sis
Independent OK Co., Inc
Center Ridge
Carey’s Villa
Lake Avernue
Phonie Fairfax
Envites
Minnesota Pointe Anderson
Capri Aluminum
Armstrong Collings
Fier’s Lake Rd
Spaghetti House
Suadays Vermilion
PRR
Pradeep
Howe
Wace Restaurant
Broad Street
Capitol Theatre
Travelmart
Alr
Cruses
Cer
Dervice
Fairfax
Renient
Hanna Bidg
Cleveland 15
Obie Main
Bill
East Broad
Park Avenue
Iclelland
Office Open
K. D
Paul
Paul Kanuch
Abbe Road
Mee
Gravstone
MATTS
Dick Cyprus
Birds Eye
Rathskeller
Aew
SAVE
Som Ial
Gibson
J.D. Jones Inc
Amherst
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