I am trying to find a road frame that would allow a fairly upright riding position (oxymoron perhaps I know!). I want the light weight (comparatively), the drop bars (for different hand positions), etc. of a road bike but with as upright a position as I can find. I have a short waist compared to my (still short) height and so far every production bike I have tried with drops has me outrageously stretched out to get to the hoods. I don't want to go custom right now but I have been eyeing Mercians lately, though not sure which of their "style" would be the best geometry for me.

To be clear, I don't have to go fast, I want a fun ride but I will probably put a bag or rack on the bike as this will be a utility bike...I'm certainly not a racer. The upright position is almost necessary considering the urban riding I do and my own comfort level, I just have to be able to see as much traffic as possible. My current setup (with swept bars) has me probably 50-60 degrees upright. I am definitely looking for a steel frame, and I'm guessing a 50 is the biggest I could handle. Thanks for any advice!