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Retired Investor Considers Income Upgrades in UPS-era Stocks
An advisory note suggests selling two issues to boost yield and stability. Atlas Consolidated Mining reports rising quarterly payments and a May Mitsubishi contract, while Lorillard merges with Loew's, delivering a 6.875 percent debenture and a Lowe's warrant. Keystone Consolidated remains income-friendly amid market expansion and competition. Recommend bonds Georgia Power 65s 1981 or Pacific Electric 65 4s 1994, plus American Can 175 preferred for about 5.4 percent. Coor TM 1968 and Gen Hen Corp in dense California area noted.
MENTIONED IN THIS ARTICLE
Lorillard
Loew's Inc
Lowe's Common
Keystone Consolidated Industries
Keystone Steel and Wire
Georgia Power
Pacific Electric