Judge, 1922-09-30 · page 31 of 36
Judge — September 30, 1922 — page 31: what you’re looking at
A restored page from Judge, 1922-09-30. Page through the whole issue in the reader above.
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Complete and Modern Banking Service MAIN OFFICE—140 BROADWAY Guaranty Trust Company of New York good. A countless number of men have owed their success in life to counsel and assistance in the nick of time from their bankers, and no end of communities have reason to bless their financiers, As a factor in our advanced civilization, the bankers are indispensable, and they will grow steadily more serviceable as the business activities of the country shall increase. We hail the coming colossal convention as one of the chief happenings of the times. Answers to Inquiries $., Drrnorr, Micu.:_ I commend your two purchases, At is always well to diversify. ik reddy market de you cht buy some listed bonds with a ready such as International Mercantile Marine 6s, Seaboard Air Line cony. 6s, Detroit Edison Ist and ref. 63, Engi, pons ‘8s, St. Louis & San Francisco scene 6s. are reasonably safe arr make good re! A, Saranac Lage, N. Y.: "Western Electric conv. 7 per cent bonds and the 7 cent preferred stock are quoted very close to each other in price and the conver- sion of t into preferred seems a safe proceeding. Western Electric is a subsi: ‘of the American Tel. Tel. Company. ‘The prefer: dividends regularly. Southern Pacific Railway co1 . but their conversion pete 1919. The Aluminum Compa: merit, as have Sinclair Grade ‘Ol Porchanog 5}. It is true that Central Vermont Rail nteed principal and interest by the Grand Railway, but the latter is not highly Prosperous ‘and Rips bonds are not first class. Among public utility bonds that are well are Adirondacks ie ran = Northern States ower a, Standard Gas & Electric Gs, Montana Power 6s. However, as your $4,000 is in the nature of trust funds, you might wish to invest it in strictly git edged securities which make a gmail ried than those above menti 80, t bonds of he leacing: railroad se and industrial organizations the proper |, Prrrasceron, Pe the The corporat inquire about has no connection with my § Relat ey the stock market. ,Spcapeendie tp concern. oe t some banker in your own city as {the adelmbity of baring the bonds or shares. Bank: ns cn the spot are akg cota formed regarding such proj» eta than anybody at # distance can be, tet oii ed Men a oe OS pani are. zit ‘weil lost of pay and sell at a premiam. Any broker He ne oe es theca Beak acts i noeld certainly form a fair part of any large investment ‘Many banks in the smaller cities are prosperous stocks are excellent purchases, Through its offices in New York and ee e, and correspondents throughout the world, this Company is equipped to handle every a oF banking transaction—domestic and foreign. We transact a general commercial banking business; pay interest on checking accounts and © time deposits; extend credit to commercial houses; render complete foreign banking service; effect transfers of funds for customers by private wire; and act in every fiduciary capacity. Complete investment service is available to our customers through the twenty-nine offices of the Guaranty Company of New York. We shall be pleased to receive yout inquiries, in person or by letter, and to explain any of our facilities in detail. M., Punapexnts, Pa.: It is not in my province to in 1921, but itsearnings are now improving and its bonds advise concerning real estate transactions, but a 850,000 appear'safe. Shell Union preferred is @ good business deal should not too hastily be entered into. You should man's investment. The company is strong and the protect yourself against paying too high a price for the dividend scems likely to continue, While it would be Property offered. You have the views on the subject safe to buy more Shell Union preferred, it scems to me of real estate agents. Su t these with the counsel that you have enough of it and that it might be better to of experts at the three banks where your money is diversify your investment by purchasing somethi I suggest Bush Terminal Building 7 per cent. peered Waamxerox, D. C.: Purchase of Keystone Tire and’Ainerican, Waterworks & Ektcirie 7, per coal. pre: & Rubber stock outright would have been ill-advised. ferred, Buying on a margin ink mistake. The stock ha M. Tror, N. ¥.:_ T have never had a good opinion of been approved by irly well informed investor. New Haven stock since the terrible slump it underwent. tion of its decline is that the company is over ‘The railroad is not doing well enough to warrant the sod oat bok rom to bo abl existing price of the shares. I think it would be;wise to 2 The dispose of your holdings and to switch to some otber issue. Mississippi River Power common has a certain Amount of merit and looks like a fair long pall speculation, It is not, however, paying dividends and you might as well secure something which will give you an immediate return. Here are some dividend-paying stocks that would cost you less than New Haven is now se Miami Copper paying #2. Middle States Oi! paying 20, Ne ht Aeronautic paying #1, American La France pay’ 1, Lee Rubber & Tire paying 8%. Of course you can beeen better stocks costing more © but also paying more. ‘ew Youk, September 23, 1 Free Booklets for Investors An offer which should be acceptable to all business men is made by J. S. Bache & Co., members of the New York Stock Exchange, 42 Broadway, New York. To spplicants in that class, the firm will send copies of its famous Bache Review for three months without The publica- tion ranks high and perusal of it cannot fail to benefit ail tbo receive it vi n attractive investment opportunity is ted in the 8 per cent. "umulaive prefered oak of the Standard os <a ee Co. Tpeitocs | is nga asa per 2 par value chased on the ten-peyment plan, if ad ay be Tse | is backed perties serving 578 cities and towns, with a bread in sixteen States, The home these properties number $0,000, Farsi twas dividend requirements. For fi send for Circular L-11 to H. M. Byliedy & Co., 208 South LaSalle Street, Chicago; 111 Broadway, New York; or 14 State Street, Boston. EB ery body is enzions to discover the secret of success. Perhaps this cin be found bya perm the sry “How H Became Rich” which is Iabed by Gre Miler & Coe Tit Hurt Bldg” Atlanta’Ga, res is an interesting tale of ‘man who was to be particularly well-t but who, at death eft‘ considerable extte, “Hiow ec it, we body else much the same, n taught bythe Miller story. ‘The ideas and perseverance in saving. Miller & Co. tributors of first real estate bonds which have had a wide sale tthe country, | Every investor ‘ will fed E's Bp stvantem to aa joie company, : 2 u above named. will cost prety A Striking Likeness. nothing. wed comicbooks.com