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The article focuses on the issues concerning the counterfeit corporate bonds that were allegedly considered among the assets of Equity Funding Corp. of America. It states that the New York Insurance Department had presented Equity Funding former employee Ronald Secrist's accusations of scandal at the Investors Diversified Services Inc. Moreover, it notes that the scandal is one of the first major cases related to computer fraud.

The article discusses an urgent advice to institutions and individual investors to sell their corporate bonds to buy federal agency issues. Recommended issues include Farmers Home Administration bonds and Washington Metropolitan Transit Authority bonds. According to bond specialist Andrew M. Carter, such issues currently offer higher yields than top-quality corporates, as of June 1974.

The article discusses the benefits of bonds to small investors in the U.S. Municipal bonds are exempted from federal and state income taxes. Some U.S. government bonds can also be used to pay estate taxes. Investors who are concerned of inflation can buy short-term bonds, as they yield more than many long-term bonds. Many bonds, including corporate bonds, enjoy periods of call protection, the periods wherein interest rates are fixed.

The article presents a technical analysis of the U.S. stock market for the months of January and February of 1966. Special attention is paid to the effect of stock prices on investors' attitudes. The author also compares utility stocks with bonds of attractive corporations and recommends the stock of mail order and department store retailer Montgomery Ward.

The article explores the opportunities for investors in the U.S. It observes the attractiveness of steel company bonds of Steel Corp., U.S. Steel Corp., Illinois Steel, Indiana Steel, and Bethlehem Steel Corp. as the securities are said to be protected by sinking funds. Data shows the better condition of the properties of Colorado Fuel & Iron, and the reduced funded debt of Lackawanna Steel Co., secured convertible fund of Midvale Steel, and the favorable stocks of Republic Iron & Steel.