Local power and light stocks show best local investment returns
Babson argues that local power and light companies offer superior opportunities for community investors. He cites lower labor costs, steady demand, and price advantages as reasons these firms outperform manufacturing and other utilities. He endorses preferred cumulative stock for yield and urges investing in home town securities.
Letter to Customers Offers Partnership in Ohio Public Service
A mailed offer to customers on October 18 invites them to share in ownership and earnings of The Ohio Public Service Company. The chance to obtain a partnership appears targeted at power and light investors with no obligation beyond requesting information after October 20.
MENTIONED IN THIS ARTICLE
Power and Light Companies
Ohio Public Service Company
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Ohio Public Service Co