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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Oct 16, 1929
Page
5
Erwin Greer, president of Greer College of Aviation, argues that aviation stocks carry risk as many new issues may fail. He predicts a readjustment with sheep and goats among issuers, noting mergers favor large groups and exposing small firms lacking backing and diversification.
The investor seeks security in stocks backed by strong financial houses. Securities of small aviation firms are usually avoided unless they show distinctive attributes that set them apart from weaker industry peers.
Chrysler reports roadsters have surged in popularity, becoming an all year car due to features of speed, comfort, style and performance. A Van Der Zee notes open cars rose as enclosed bodies improved, with roadsters rebounding since 1924 and now a real factor in sales.
Plymouth roadster praised for snappy performance, full size body, ease of control, and safety, noting it as Chrysler’s lowest price car with the same quality and engineering evident since 1924. In Burlington, Rex Vance died at age 7 from hydrophobia contracted after a dog bite a month earlier.
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