Judge — December 9, 1922 — page 30: what you’re looking at

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

IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache ten minute weekly summary of the b financial situation. It focuses and P currents of to-day and indicates their trend. Sent to business men for three months, without charge. tel, Ba booklet L, which explains bow Puts and Calls operate. WILLIAM H. HERBST 20 Broad Street New York City Under This Heading “Free Booklets for Investors” on the next page you will find a de- | scriptive list of booklets and circulars of information which will be of great value in arranging your investments to produce maximum yield with safe- ty. A number of them are prepared especially for the smaller investor and the “beginner in investing.” The opportunities for investors which are indicated in these publica tions are at least worth considering. The firms which have issued the booklets and circulars are in good repute and are qualified by ample experience to give the investing pub. lic sound suggestions and advice | ames BERMUDA 22 Under Contract with Bermuda Government Offers Bermuda Tourists the following exclusive advantages: SAILINGS TWICE WEEKLY Landing Passengers directly at Hamilton Dock. avoiding inconvenience of tranier by tender, via Palatial Twin-Screw, Oil-Burning Steamers S. S. “FORT VICTORIA” ene 5. S. “FORT ST. GEORGE” Each 16,000 Tons Displacement From New York Wednesday and Saturday From Bermuda every Tuesday and Saturday Special Holiday Sailings Leaving New York December 20, 23, and 30, Fer Christmas er New Year's io Bermuds MODERN HOTELS NO PASSPORTS _ ALL SPORTS Sailing Riding. %e Racine Fa Beck New for Winter and Holiday Sailings ST. GEORGE HO: muda, Renovated and Re- furmahed. Finest Cuisine, Tennis, Goll, Swimming Pool WEST INDIES Delightful Craises to the Gems of the Caribbean Sea For illustrated Booklets on Bermuda, West Indies, or el, write FURNESS BERMUDA LINE 34 Whitehall Street, N. Y., of Any Tourist Agent Underwood & U which has heen, or is tol the business. If the new shi stand for money that has been, properties, or to extend or improve old stockholder’s pocket it is holdings, or to increase make the enterprise mo they have no right to be stockhol income from operi portion is withheld from them and em- ‘ed for the purposes indica es so much capital of that fact may properly be gri the partners in the corporation—that is, if business continues to improve, most. holders of shares. If the concern is de- if not all, these stock dividends will prove riving no benefit from additions effected by use not sound business policy to. de stock dividend, should be regarded simply as a loss and may not be able to maintain the existing | marked off th hat do not alre have a basis in worthful property are only watered stock. Sto Moreover. declared only when it promises, at once launching of such a vast amount of new or in prospect, to profit the stockholder. — share: It is of no value to hin richer than before, if the te tion for dividends is not son increased, The world-fa mous American inventor starting the original “jumbo” gener. ator which he in vented forty years ago. This ancient machine in its youth gen erated the cur rent for the first Edison incandes cent bulb. Thomas A. Edison | Investment Bureau Conducted by Theodore Williams The V ifr of Stock Dividends mit one justification for rupling the number of his shares without nds, ‘They must rep- Iding a dollar to the returns he receives re i an actual surplus of earnings leaves him financially just whi he ‘plowed into” formerly was. The stock dividend is do not. wholly delusive unless the recipient. is or is tol assured of an enhanced revenue. To the from profits to buy additic extent that it puts more dollars into the yoon to him andthus and warrants the higher price for the }, product shares that usually precedes payment of issued. such a dividend. ntitled to the entire net n and where any HERE is } stock divid aciliti ers are ONSIDERABLE. interest has been cited in the securities market lately J ithe: by the declaration of many stock divi- and some dds, some of them running up to several hundred per cent. It is probable that de mstructions or beneficial to. stockholders. The com- f carnings it is panies which have taken action in this respect. are prosperous and have ex- cellent possibilities. Though all of them The funds so div atid bids S’ present dd. Shares dividend rate, t nd the stockhold ssets ree Iy and are not likely to” fair to exe nd remunerative receipts. dividends of the genuine sort | a stock dividend should be cannot be gainsaid, but doubtless the has been going on in a recent and he is no brief pe s been one of the causes of ppropria- ness in the securities market. While me to be z output of new issues continues Doubling, trebling, or quad- there can be no firming up of values. 28 comicbooks.com