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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 23, 1973

Page

4

Ohio Constitutional Revision Commission Faces Public Skepticism

The 33 member Ohio Constitutional Revision Commission has limited success after more than two years, with only one minor change approved by voters in May 1973. Voters have rejected several proposals from both the commission and General Assembly, while education of the public and simplification of ballot language are urged by director ANN ERIKSSON.

Columbus Ohio Constitutional Revision Commission Commission General Assembly Ann Eriksson Revision Commission Sai

Portfolio reviewed shows growth emphasis and diversified holdings

A reader in his 50s with 60 percent growth stocks and 40 percent income investments, plus three large long-held holdings, plans to buy high yield bonds until retirement. The adviser praises diversification across industries and notes 11 top holdings including First Chicago and Minnesota Mining. Fixed income makes up 20 percent via tax-exempt bonds mortgage and Savings You are advised Maryland state insured deposits remain secure though state and federal regimes differ and more information is available through Roger Spear’s 52 page guide.

First Chicago Corp NYSE Minnesota Mining & Mfg Lone Star Gas B. F. Saul Reit Maryland Maryland Savings Share Insurance Corp Federal Home Loar Bank Board FHLBB

Ohio Voters Face Complex Proposals in November Ballot

Ohio officials say voters reject proposals not understood as they consider amending the constitution including a State Ballot Board to draft ballot language and arguments. The commission aims to finish study by 1974, with four constitutional questions set for November and others stalled in the legislature.

Eriksson Richard H. Carter Fostoria Commission General Assembly Senate

Wall Street Analysts See Market Cautiously Constructive

A Harris Upham analyst calls this week's stock pullback constructive after gains but warns a 10 percent prime rate could trigger a major reaction. Banks may avoid raising primes beyond 9 percent due to bad publicity, while market voices from Blyth Eastman Dillo and Merkin & Co note rate hikes have been discounted and the longer term remains uncertain with potential further declines before a new bull market.

New York UPI Harris Upham Blyth Eastman Dillo & Co., Inc

Also Mentioned on This Page

Robert E. Miller Ohio Supreme Court Assembly Ohio Supreme Court Commission C.H . Merthe Co Broad St. Elyria Thur Joris Lante Dickie Conne Savings and Jean Stock Corporation Federal Savings & Loan Insurance Corp D.G Roger Spear Roger E Spear The Chronicle- Telegram Grand Central Station Common Pleas Courts Wall Street Charter 4 Road Harris Upham & Co Merkin & Company, Inc
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