Back to Search Start Over

Safe Bonds for Steady Income.

Authors :
WALLACE, RICHARD S.
Source :
Forbes; 12/15/1934, Vol. 34 Issue 12, p32-33, 2p
Publication Year :
1934

Abstract

The article recommends six high-grade bonds traded on the New York Stock Exchange (NYSE) as of December 15, 1934 that offer steady returns on investment for risk-averse investors. Among these bonds include that of Liggett and Myers Tobacco Co. and the National Dairy Products Corp., noting that these firms have maintained a solid earnings record in 1934. It adds that U.S. Treasury bonds offer a safe 3% interest yield and are available in denominations as low as 50 U.S. dollars.

Details

Language :
English
ISSN :
00156914
Volume :
34
Issue :
12
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
91877074