Successful Investing Life Insurance Growth Stock Pick Advice
A New Yorker argues life insurance stocks favor growth over income and critiques Old Republic and Wisconsin Life. The adviser endorses life stocks for long term gains, notes Old Republic and Wisconsin Life in force over two billion dollars, cites Franklin Life’s 1951–58 dividends, warns on recent tax changes, and suggests Monsanto Chemical as a future buy while keeping some holdings. The reader is urged to send questions to Roger E. Spear.
MENTIONED IN THIS ARTICLE
New Yorker
Wisconsin Life Insurance
Old Republic Life Insurance
Congress
Old ‘Republic
Wisconsin Life
iBoth
Old Republic
Ralso
Franklin Life Insurance
Franklin Life
Crowth
Iin
duPont
Tennessee Gas
Panhandle Eastern
Federal Power Commission
Bartheon
Geneen
Newport News
Monsanto Chemical
Ito
Roger E. Spear
Chronicle-Telegram
Hopes High For Lorain Seaway Role
The Port of Lorain sees limited Seaway impact so far with two Labrador ore cargoes unloaded, a first for the Toledo Lorain and Fairport Dock Co. larger ships used the Seaway to reach Lorain from Cleveland. Officials anticipate future growth as harbor improvements finish and world shipping expands.
MENTIONED IN THIS ARTICLE
Lorain
St. Lawrence Seaway
Toledo, Lorain and Fairport Dock Co
Cleveland
Toledo
NAM Executive Urges Business To Fight In Ohio
Rudolph F. Bannon, NAM vice president and Bridgeport Machines leader, warned the Cleveland Rotary Club that Ohio must defend its business friendly policies. He criticized pending General Assembly bills as harming enterprise and said other states imitate Ohio’s growth strategies. He cited Ohio's dependable tax structure as a key asset for industry.
MENTIONED IN THIS ARTICLE
Ohio
National Association of Manufacturers
Rudolph F. Bannon
NAM
Bridgeport (Conn.) Machines, Inc
Aioe
Cleveland Rotary Club
Ohio General Assembly
Barmow
League
Bannew
Barres Garage Offers Full Car Painting and Repair Services
George Barres's Garage at West Street provides car painting including touch up and half paint jobs. They repair body and fender damage after collisions or rust, and operate two wreckers for disabled cars. The shop offers engine tuning, brakes, lubrication, radiator flushing with a solvent to improve cooling.
MENTIONED IN THIS ARTICLE
George Barres
T18
West St
Rt. 113
Barres
Asc
So Rio
Barress
Three Elyrians Earn Sohio Five Year Service Awards
Harmon Meeks of 2375 Lake Ave George Barres of 718 West St and Howard W Morse of 602 Oberlin Rd received five year service awards from Standard Oil Co this week. They were presented bronze plaques for their service at a Crestline program.
MENTIONED IN THIS ARTICLE
Harmon Meeks
Lake Ave
George Barres
West St
Howard W. Morse
Oberlin Rd
Standard Oil Co
Crestline
New Oil Furnace Cuts Fuel Costs by a Third
A sensational new oil furnace marketed by Iron Fireman claims up to 33 percent fuel savings. The Custom Mark 1 Oil Furnace is an induced draft unit designed to operate without a chimney, showcasing improved efficiency from the long‑standing heating equipment manufacturer.
MENTIONED IN THIS ARTICLE
Iron Fireman
Bill's T V Clearing Out 1959 Models
Bill's TV clears out 1959 models as 1960 sets arrive. Ann Butler notes self powered battery TV for campers and picnickers amid price cuts on Norge and Philco appliances to make room for 1960 lines. Royal Heating Co. handles Iron Fireman oil furnaces through local franchised dealers.
MENTIONED IN THIS ARTICLE
Philco
Fetc
Ann Butler
Bill
Rt. 10
Durkee Rd
BHI
Norge
Hem
Webber and Jantz Win National Insurance Awards
Lloyd A. Webber of 217 Front St and Ewald Jantz of 140 Emerson Cir have received the National Quality Award from the National Association of Life Underwriters and the Life Insurance Management Association. Webber earned the honor twice before, Jantz once before, for high in-force policy retention as Prudential agents under HK Bo Seller of Lorain office.
MENTIONED IN THIS ARTICLE
Lloyd A. Webber
Front St
Ewald Jantz
Emerson Ci
Tobin Firm Expands with Two Wings at North Ridgeville Plant
Martin J. Tobin Co. in North Ridgeville adds about 4000 square feet of shop space and 2000 square feet of office quarters with plans for a further eastern wing. Tobin, 42, built a 109000 dollar job shop from a basement start in 1936, expanding through new machinery and product lines like outdoor barbecue skewers. The plant now produces direct and indirect sales items and anchors bolt business after stockpiles of anchor bolts proved valuable.
MENTIONED IN THIS ARTICLE
Martin J. Tobin Co
North Ridgeville
Tobin
Ris
Robin
Rt. 10
National Egg Days Seen As Solution To Surplus
Secretary of Agriculture Ezra Taft Benson urges Americans to eat one more egg a day to reduce a mounting surplus while noting risks of shifting to a shortage if demand collapses. The piece playfully suggests many National Egg Days and warns about price and supply dynamics.
MENTIONED IN THIS ARTICLE
Secretary of Agriculture
Ezra Taft Benson
Senson
Ege
Benson
Lorel Motel Opens Near Ohio Turnpike
A new 25 unit level motel named Lorel opens near the Ohio Turnpike exit on Rt. 37, run by the Joseph Thomas family from Grosse Pointe and Somerset. Dennis Thomas manages, contractors, air conditioned rooms feature turquoise and tangerine decor, nine double beds, TV, carpet.
MENTIONED IN THIS ARTICLE
Ohio Turnpike
Rt. 37
Joseph Thomas
Elyma- Lorain
Preston Tucker
Howard, Amato
Hoover Named Director of Manufacturing Chemists Association
John R. Hoover of B. F. Geldrich Chemical Co. in Cleveland is named one of ten directors of the Manufacturing Chemists' Association. He previously served as chairman and was a board member for one term as this industry group, representing over ninety percent of chemical production in the United States and Canada, grows its leadership.
MENTIONED IN THIS ARTICLE
John R. Hoover
B. F. Geldrich Chemical Co
Cleveland
Nammed
Manufacturing Chemists’ Association
the Chemical Association
United States
Canada
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Lorel
Lorel Motel
Turnpike
Bill’s T.V
Chims
Royal Heatine Co
Tobin Firm
Bill Antill
the Chronicle
Botamer
ROYAL
U.s.royal & Tires
E. Bridge Street
Fairfax
Hoover
Chemists’ Group
Long Street
Lorain, Ohio
COE Pure Oil Service
Bob Coe
Cleveland St
Perry Ct
Motor Inn
Laporte
Elyria
Royal Heating CO
Republic Furnace
OUR Schroeder’s
Lodi Street
Bil’s
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Park Avenue
Bile McClelland
Cleveland Hopkins
Dugans
Bill's
C. Butler
Durkee Road
Angelina
Emerson
Cleveland Street
Jack Knight
West Ave
West Hilliard and
Gulf
Carey’s Villa
Lake Avenue
Furfax
Watch
Eldotread's
East Bridge St
Don Beal, Inc
Sohio
Moderna
Barre’ Garage
RCA Victor
Ryan Appliance
East Avenue