Judge — November 4, 1922 — page 31: what you’re looking at

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

rus showing is of serious import to American taxpayers. ‘They must on furnishing abnormal sums to. the Government without) any considerable relief from our foreign debtors. The out- look for a reduction of taxes is made dim- mer and the burden on enterprise must in heavy for years to come. Unless ‘ipts expand, owing to business profits, cit must > or by rem G ument tariff levies or enlar licted ‘Treasury de a new security issu new taves. In the meantime the money that night better have come to us has been wasted in militaristic outlays and another war of some size was lately 5 reatened, Should such a conflict break out the Continent would probably be Hy wrecked, and England might her resources so strained that she, too. might have to default. If the United States were active in the settlement of European affairs, the situation might be more hopeful, but in any event. there ms to be a slim possibility of repay- ment of most of the Ic In these cireumstan this country may congratulate itself on the intrins trength of its own position. In spite of rand outer drawbacks, it is on the way to prosperity and it’ will weather throu; somehow, whatever happens over there.” The halt in the securities market dampened the hopes of many but it was simply due to too rapid a pace and the need of catching breath. Bus ss generally is steadily improving and this will again presently be manifested in prices on the exchanges. European finane ns. Answers to Inquiries tage M., Lavnen, Md. Lan excellent bu Janeiro bends are ¢ s investment. Da no doubt 1p evidently has a future + stock would seem a prudent D., Evanr, Mic: St. Louis & SP. adj. bonds and 1 Air Line cons. 6s have both had a considerable we, but are still: fair men's purcha: However, you have three good things in Pennsylva ad mek, Cit Serv nd Ford « nada. They are good enough to kee if the h would add to your revenue, it might be well make nr ‘The Turman Oil Company reported r the first three months of this ye dof | per cent, per me extra dividend lative F surplus of the Burn. not yet got int ck Selling st al Co. show fitable operation, but is only in the st Mn pany’s holdi luable and its future eiwly i itt sell shares at only - neents each? If the enterprise has merit, it shoud Whatever may’ be the present status of the stock is only as ( s.TEX.: The ies and is paying a yearly lependent oil comp of $3. That is a somewhat moderate return present market price, A safer purchase would lated Oil preferred paying #8, or um preferred $8. Each of these would you a better income, for you ean buy a share of each bout the Price as two shares of Texas Co, » New Haves, Coss. Cities Service Co.'s 8 per ck is a pretty good busi ofthe is nds Jin serip i nts W ly lately d. ‘The compa > thy st oil produce trong ie utility BS . Braste The Mountain Producers It recently: in. ut an add 8 per cent stock in order to buy The Salt Creek Producers lared a dividend of 306 per share for of both the wks is $10, While cach case is pretty fair on market price, my prefere would be for Middle States Oil, paying § nger and more seasoned dividend n M., Wasitvetox Bannacks, D. C.: npany has the return in gi apital stock of the Mexican Seaboard Oil Co, is 1,000,000 B shares of no par value, Shares outstanding ‘number st #35,999. Of these 501,000 shares are held under a ng trust. with John’ Hays Hammond, Ogden Mills and Harris Hammond as trustees. These shares, being a ty of the stock, give the three men named the control of the organization. Certificates representing the trusteed stock are being dealt in on the stock exchange ‘Their lower price is due to th ait they are noe full, sof stock but only however, get the same its fina xican Seaboard has not been pavin + Pan American, the B stock of the litter ex etter standing than the certificates of th V., Honvonr, Ma Corporation, Sante Cecelia 5 not dividend payers and ar Cortez Silver ts still in the I ts if dividends wi nite H., Be M n of Bel Northern States Power 3! 5 are well thou be called ably sate Laurentide Power Co. a limited but the 3 per cent. bonds m secure. The Jolin PL Squire ( rolled by Swift Co, and its 5! 4s look like a ess man's Shell Union Oil Corpe nt. 1 fair buy for aL L prefer liduted Sper cent American trie 7 per Rubber speculative cl ypment stage, and it speculative. ntine pment They ar Interest B., Reavive, sidered ri n the bonds make a x particularly: liberal, yield. . Wastascrox, D.C. The Pacific Deve has paid no dividend since August, 1020, Hts future at present is rather uncertain owing to the demoralized mol f trade, The company appears strong, but it would be preferable to buy some dividend paying stock W., Bioperoxn, Me sidiaty of the Middle St able, apparently profits within the last few liberal dividends. The stock looks like business man's investment. M., Purcapeneans, Pa. ‘The - poration is a I payer and it fair pur- ‘The shares are not listed and so have not ready market W., Buooxnry, N. The Light Co.'s first preferred stock and looks like an excellent business man’s investment ‘The company light and power bu: ness in %. cl total populatic of about arnings have been running at over | two and ¢ es preferred dividend requirements. | The stock was launched at a price to yield about 7.5 per | Kansas City Power & 7 per cent. cumulative caTELLO, Ina: Radio ¢ 1 Motors nd Seaboard Civetsnatt, 0. 5, pays no dividens not be a good specul: 2 long pull New Yous, October 28, ad is quoted low. I jon for quick returns. At best Free Booklets for Investors Bache Review b tional reputation and m: uch benefit from re ble p will be sent without "ss men for three n hs b & Co, the New York Stock E: ange, 42 Broadwa An interesting and comprehensive survey of building and business conditions in the South has been issued by G L. Miller & Co., 30 E. Forty-second street, New York, the tributors of first mortgage tate statistics presented were from | four cities in sixteen States and show that the building permits during the first six months of 1922 ex ceeded by 42 per cent. the number issued in. th period of 1921, Letters review c tie the South and forecasting the futu y Governors of Southern States, heads of F other auth a valuable frature of the ablished Stock Exchange firn 7 Wall street, New York, wi booklet, L it plan, sh convenient Cow, Inc, 2 ; 111 Broadway, New York, ‘offer a good investment opportunit per cent, cumulative preferred shares of the Stand Gas & Electric Co., par value 850, This is a well-pro tected investmen the company: is st ind profit- aking. Dividends are payable quarter} the stock same Leopold & Ce sh or on write to By n Invest rk, will send plains puts their n be purchased by mail either for ayment plan. For fuller in i & Co. for circular 1-101 and Wm. H. Herbst, applicant. It »pportunities offered by use in stock market transactions. -no winter this winter You and your fam- ily should spend this winter out-of- mail this doors in California There are excellent schools for the children and golf links galore for you. Then—for the week-end— motoring over perfect high- ways, along the base of green- clad mountains and by thesea. There are luxurious resort hotels and cozy inns, or, rent a bungalow and enjoy your own rose garden. The Santa Fe operates four daily trains to California. One of them— the California Limited —is exclusive- ly for first-class travel and Fred Harvey serves all the meals “all the way.” Spick-and-span new steel equip- ment on the California Limited. There are Pullmans via Grand Canyon National Park, to Los An- geles, on both the California Lim- ited and the Missionary. We will arrange your Pullman reservations so you can stay at the Canyon any number of days and be assured of your space when resuming journey. Why not visit Southern Arizona, going or returning? It is delightful at Castle Hot Springs, Ingleside and Chandler. Hawaii afterwards Mr. W. J. BLACK - Pass. ‘Traf. Mar., Santa Fe System Lines 1121 Railway Exchange, Chicago Please mail to me following Santa Fe booklets: California Picture Book Grand Canyon Outings Also details as to cost of trip.