Five Safe Income Stocks For Inheritance Income
A-I commend you for picking five strong and safe income stocks. If yield is your major objective these would be satisfactory for your wife. I cannot agree though that they offer inflation protection. New York State Electric is a good stock but like other utilities it competes with bonds for the conservative dollar. If you are patient this would be my favored stock in your group for income and future long term growth. Jersey Standard sells below its best levels of 1957 and Anaconda Big Steel and Reynolds Tobacco have made no real price progress for year. I suggest you substitute for these last three Talon a stock of lower yield which has established a fine record and is just beginning to get favorable recognition. Skil Corp Del Monte Stewart Warner.
MENTIONED IN THIS ARTICLE
New York State Electric & Gas
Jersey Standard
Anaconda
U.S. Steel
Reynolds Tobacco
J.B. A
New York State Electric
Big Steel
Talon
Skil Corp
del Monte
Stewart Warner
Squirrel Guests Patrol Denver Architect’s Office Window
Regular visitors in a Denver architect’s office include a troupe of squirrels and their buddies. Up to five climb the window sill each morning waiting for the office to open as they hunt for snacks. Today’s menu features peanuts in the drawer.
MENTIONED IN THIS ARTICLE
Denver
Drasver
Production indexes dip as winter freeze slows output
Business Week reports index production slips below zero nationwide due to cold temperatures and holiday schedules. Auto output falls 0.3 percent week over week but remains 9.3 percent above last year. steel drops 0.4 percent yet sits 11.4 percent higher year over year.
Building industry sees gain in U S construction
The Washington report notes UPI that the dollar volume of construction in the nation will reach a higher level, signaling a favorable trend for builders and related industries as demand strengthens.
MENTIONED IN THIS ARTICLE
Washington
UPI
Reluctant Taxpayer Realtor Appeals Tax Fraud Conviction
A real estate operator who sold a subdivision to a construction company deducted unreimbursed street and utility improvements as part of his costs. He explained on annual tax returns that profit could not be determined until streets sidewalks water mains and sewers were completed. The case centers on his appeal of a tax fraud conviction based on these deductions and timing.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
IRS
Court of Appeals
Appeals Court
Abex Names First Woman Executive At Oxnard Division
Abex Corp announces Winifred M. Manning as Vice President of its Aerospace Division in Oxnard California. She becomes the first woman executive at Abex to reach vice president status. Manning joined Abex in 1939 after graduating Brockport State Teachers College. She previously led the division's accounting department, became assistant controller in 1955, and was divisional controller from 1958.
MENTIONED IN THIS ARTICLE
Abex Corp
Winifred M. Manning
Aerospace
Oxnard
Calif
Miss Manning
Brockport State Teachers College
Abex
Taylor Street
Elyria
Construction wages stretch economy amid project funding doubts
A speaker warns that persistent wage demands in the past year alarm the construction industry and threaten economic stability. He cites unpredictable increases due to intermittent federal financing on long range projects like the interstate highway system.
MENTIONED IN THIS ARTICLE
Dunn
Auto production in first week of 1968 tops 198 thousand
Detroit output in the first week of 1968 reached 198,235 vehicles per the Automobile Manufacturers Association. The mix included 158,443 passenger cars and 29,792 trucks and buses, with prior week totals of 153,483 cars and 29,796 commercial vehicles.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Automobile Manufacturers Association
AMA
Also Mentioned on This Page
Lorain
Medina County
Pin
California
Federal Savings & Loan Insurance Corp
R.R. A
KODAK
Kipling Street
Fairfax
Lorain National Bank
Ita
Member
Feberal Deposit Insurance
Goqforation
Virgil’s Kitchens, Inc
LaGrange, Ohio
Chronicle-Telegram
the Nimon Co
Oberlin Avenue
Sibley Roofing & Sheet Metal, Inc
ChestNut Street
Ohio
Erie Employment
6Th St
Feick
Sandusky
Sandy
Cleveland St
SPAI
Hrenive
Business Week Index
Association of American Railroads
Ayu
Associated General Contractors of America
William ©. Dunn
AGC
Pacific Ocean
San Francisco
Japan
Pacific
Pan American Airways
Nancy Pearson
Broadway Lorain
Cory — Sylvania
Auto’s Hardware & Appliance
Oberlin Road
Glendale
Broad ST
First National Bank
Collins Auto Parts
Cleveland Street
Cascade
Furnace
West River Sts
Call
Carey
Lake Ave
Jim Dulio
Angelina's Pizza
Oberlin Rd
Church St
Amherst
Lowell Street
Rt. 113
George Barres
Angelina's Pizza House
Bills
East Broad
Park Avenue
Bill McClelland
RCA Whirlpool
RCA Victor
Harmon Appliance and Furniture CO
Harmon-Nielson Co
N. Ridge Rd
Wesley Ave
Bcross
Ziebart
Hawthorne Street
Safeway
H& Driving School
Phanne Elyria
Lee A Ec Red
Cat Florist
Big Boy
E. Bridge St
Lorain County
Cleveland
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