Judge — August 26, 1922 — page 31: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

LESLIE P. SNOW President of the Rochester (N. H.) Trust Company, and the new Presi- dent of the New Hampshire Bank- ers’ Association. Mr. Snow was formerly Judge of the Granite ARTHUR S. LITTLEFIELD President of the Rockland (Me.) National Bank, who was recently elected President of the Maine Bankers’ Association. Mr. Little- field is one of the best-esteemed financiers in the State State’s Supreme Court T points higher than A-stock. Ifyou want to bay shrewd buyers have on reee hes up with Bin price. OF A. New Ones, bs k that « {the t year external secured § per Kol make them desirable Ky.: The Dupont Copper Mines at ‘thelr promises have been fulfilled. ‘The stock is W,, Castos, N.Y in buy n Pacific, Utah ¢ ddle States Oil Utah Copper i samme rate of dend_as M had for less ulf the price, All th 1 mention the stuck of the Radio AKRON, O. ‘ Of America a fair long pull. ‘The pull may Hawever, the expectations formed regarding i My St. Aunss. Viz The Franklin Manufacturing pects. Its preferred stock might well be nies, Cx: OF course you know that pay the creditors. It je will afford the pre substantial sum. Whether this present market price of the stock Willys-Overland preferred has lately I be equal to th 2 be * 2 a little more strength owing to the improved company bably would be better ¢ your W.0. shares at present Wettsvi.te, 0: The stock of the Fox Motor Car fe purchase.” You, that. You say that to manufacture a high-grade must be problematic, Divi Jcan alone tell the story. At this time, 4 speculation. L have more confidence in Czecho- nds really earn ©, Ranwar, Nod akia 8s than in Prague City 74s, beeause certain Ss. T may be tow doubtful about the Prague bonds. Tt n of th in which they are speculative S.. Newront, N.Y. ‘The preferred shares of Atchison, xcellent invest b ¢ & Ohio, and Rock Is nts for a long pull. f., Dernorr, Micit.: ‘The Engineers Petroleum Com- pany is said not to be very suce 1. T have no use tadvise you to continue payment on the 4,000 shares K.. Pamadenents, Pai: The brokers’ letter toy mes several wireless stocks which they will sell to y luction (commission) from their regular pr ns to mean that they think you are a stock sales allowing you a commission, or that you are and I can't decide which. The ‘regular Hing price may be anyth the firm likes to make it, 1 the stocks are not regularly: q English Marconi terling issue and a fine dividend payer. It is a far purchase than Radio Corporation of America, English company is already successful P., Wuanscrox, Det: My advice te ttempt to speculate is almost pped. Better bu nature of t speculative n and are ause the vou is not to The novice always first-class stocks or bonds that in will eventually advance, and lea like Texon Oil & Land propositions, "The bonds ere a and will be secured b in inviting pi of the Republic the taxes from the petroleum industry, growing. Peru is in fairly sound finanei The bonds are payable in United Stites x are tax exempt in Peru, ‘They are callable on sis long term customs-secured loan ‘Olfered at C., Chiveiaso, O2 United States of Brazil 8s and Government of the French Republic 744s seem and there ix reason to believe that the interest will maintained and the bonds taken care of at maturity is not likely to fail in paying interest-on her obligations B., Syascuse, No Yoo TL regret that you and_ man: others disregarded the advice frequently given in this department not to buy stocks in any of the H. V. Gree tions have brought suit of the Greene corpor 814,000,000 alleged to have been taken from the plaintitfs through fraud. The suit, whether it succeeds or not indicates a serious lack of confidence in the securities of the companies concerned, New York, August 19, 1922. Free Booklets for Investors J. S. Bache & Company, 42 Broadway City, members of the New York publishers of the widely known and auth Review, noted for its clear statement of bi financial condi will send copies of the paper for three months without charge to any business man, This is a valuable offer, wnds in which more than thirty insurance and ir sted. their fun certainly be worth the consideration of conservative investors. ‘They are described in the booklet, “How to Select Safe Bonds,” issued by George M. Borman & Com pany, first mortgage investments, Department 24, 1 W. Monroe Street, Chicago, HL” ‘The firm is entitled give advice on this subject as it has been in business to any cus hirty-seven years without | Forman & Company for a copy of their worthwhile booklet An explanation of puts and calls and the chanc offered by their use in stock operations are duly presented in booklet L. which will be mailed to any applicant by Willian H. Herbst, 20 Broadway, New York | Dunham & Company, 43 Exchange Place, New York let, increase pre tor their new bool to supply toany in \ ur Hours a Day, how t with out extra cash, and also The Current, a weekly publ desi d to bring success to the firm's customers. t copies of these helps to investors write to Dunham & Company for 183DD. In response to the frequent question, “Why do Southern investments offer a higher rate of interest than similar investments in other parts of the country?” G. L. Miller & Company, Inc., Hurt Building, Atlanta, Ga. widely known as distributors of first mortgage real estate bonds M1 interesting. pamphlet, entitled “The Reason for One Per Cent. More in the South.” answers the question referred to fully and intere viinels Copies of the pamphlet will be sent by Miller & Company fon request Jackson Discovers An Investment Principle want monthly payments on the amount you “Why do you me to make are lending me to finance this new building?” Mr. Jackson asked. He was a property owner and builder who had just com pleted arrangements oy with us for a loan \ on a partment 1 We kee pout to erect had agreed to the loan because the building was to be of modern, fireproof construction, located in a fine residential section, with the as surance of ning rentals amply suffi- cient to meet interest payments and to pay off the bonds, a definite amount cach y Mr Jackson was ied, but now he wanted to know why we required him to make monthly payments to meet interest and principal of the bonds. The Corner Stone of Safety Our experience proves,” we said, “that. the requirement under which the borrower pays interest and principal monthly the be b er. This is really the corner stone of our stru ture of safe the trustee who holds the building as securi! for the loan is sure to have in his possession, ivance, the funds needed to pay the interest and retire the bonds which fall due from year to year. Moreover, the value of the mortgage | secu y increases each month because the debt is being steadily reduced Income as Security “Because of these monthly payments, the investor knows that the income from the building is being steadily and regu “Let first place larly applied to the reduction of the debt and the payment of interest Income cannot be used for any other purpose until these require ments are met. Moreover, the invest or knows that every thirty days G. L Miller & Company a ¢ able to check up the dition of the property, get a line on its in- come, and keep themselves familiar with what is going on during the entire life of the loan. As a result, no investor in Miller Bonds has ever waited a day for his interest or his prin. cipal when due “Bear in mind, too, that although a part of the debt is paid off each year, no part of the mortgage is released until all the bonds have been retired. So it h ns that while the short-term bonds, maturing in two or three years, are secured by an excess of 70°) or 80‘; ‘in property value, by the time the last bonds fall due the value of the security amounts to four or five times the amount to be paid. M $100 Bonds: ‘$500 Bonds; ‘$1 ,000 Bonds Interest paid twice yearly Yield 7°) or 7!0° | payment accounts "GL. TLLER SG. 115 HURT BUILDING ATLANTA, GA. “First — the Investor's Welfare’’ MAIL_THIS_ COUPON TODA invited G_L. MILLER & COMPANY, Ga 15 Hurt Building, Atlanta, | ' ' Is tment of $ 1 [ tees . ic Ix i] I | L | comicbooks.com