Judge — January 13, 1923 — page 30: what you’re looking at

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

“Now, Let’s Start on the Second $5,000” When John Watson and his wife made up their minds to quit the ranks of the always-broke and always-worried, and to accumulate some property and a bank account, $5,000 looked like a big fortune to them. They wondered whether they would have the will power and persistence to stick to their plan until they had accumulated that much money. But just the other evening they went over their account book and found that they had reached their goal—$5,000 to the good. More than that, they had carried out their purpose without denying themselves any of the really good things in life. They had merely cut out the waste and the foolish spending of money. The fascination of building up a little fortune had made the task seem easy. Then the idea occurred to them, “Why not a bigger fortune?” “Now, let’s start on the second $5,000,” said Mrs. Watson. The Secret of Accumulating Money Do you know that money can be made to double itself in ten years without speculation or risk, and almost without thought or attention on your part? All you need do is to invest in safe, tested bonds paying 7% interest, and then re-invest the interest in other 7% bonds as you receive it every six months. Compound interest, applied in this way to invest- ments paying a liberal rate, is one of the most powerful helps in building up a small or large fortune. faster the money will pile up, for the interest which you re-invest is becoming larger all the time. Miller First Mortgage Bonds, paying up to 7% interest, are the ideal means of making your money grow, faster and faster. Thousands of people, living in every State and in more than twenty foreign countries, have for years been buying these bonds, with never a loss of a dollar. Every bond is secured by a first mortgage on a piece of income. earning property, such as a hotel or apartment structure. Make up your mind today to begin accumulating money. There is no other sure road to success. To help you, we will gladly send, free, a story Zalled “How Henry Wilkinson Became Rich,” which clearly illustrates how money accumulates when the inter- est is systematically re-invested in more bonds. Be sure to mail the cou- pon today and start at once on the straight path toward succe: $100 Bonds; $500 Bonds; $1000 Bonds Interest paid twice yearly Yield up to 7% Partial payment accounts invited G.L.MICCER = G. Philadelphia. si Memphis, MAIL THIS COUPON TODAY 101 Carbide & Carbon Bldg., 42nd St., New York Dear Sirs: Please send me tory, “How Henry Wilkinson Became Rich,” together with’ description of a good bond to begin my plan of accumulation, Address.....+4+ seeeceee errr City and State.... The longer you follow this plan, the | Dexheimer. HON. JAMES P. GOODRICH Formerly Governor of Indiana (1917-1921), who was recently elected President of the National City Bank of Indianapolis. Investment Bureau Conducted by Theodore Williams Subscribers to Jopax are entitled to a telegraph. No charge is made for thie service. stamp should always be inclosed. Address all Giving full name and exact street address noers to inguiries on financial questions, and in emergencies to answer by ommunications are quiries to the Financial Editor, Anonymous communications will in no case be answered. ated confidentially. A tu cpag, 627 West 43d St. cent postage New York, The Outlook for 1923 T THE beginning of a year most mortals are wondering what. is going to happen during the new twelvemonth. Nobody is more keen in that respect than business men and those interested in securities. In the com- mercial and financial worlds to-day there is eager desire to get a right line on the outlook for 1923. Upon that largely de- pend the success and profit of many undertakings. There are always both bulls and bears and so we have both optimistic and pes mistic prophets with us at this time. In one camp roseate views are expressed and the future is declared to be promising. In the other the look ahead shows a bank of gloom. Between these two stand the middle-of-the-road_ forecasters claiming that prospects are neither wholly good nor wholly bad. With the latter the Bureau would like to be classed. THOUGH 1922 was not entirely satis factory, it was a distinct impro ment on 1 In spite of the big strikes which were so detrimental in the country, business made some progress and the situation is considerably better now than it was a year ago. That fact encourages the hope that 1923 will not prove a crusher to industry and com- 28 merce, and that on January 1, 1924, it will be admitted that great strides for- ward have been made. American energy and gumption will minimize adverse in- fluences and secure for the nation a stronger hold on prosperity. The labor question, a very significant factor in the business situation, is likely to prove less disturbing this year than in 1922. There will be controversies, of course, but probably these will all be local or regio and not continental in importance. Owing to the increased de mand for workers in various industries have become at least partially stabilized, and there should henceforth be less unrest and friction due to unem- ployment and deflation of pay. In other words, comparative peace should exist in the industrial world, and peace is es- sential to settled production and profit and is a benefit to both employees and employers. It is true that attempts at radical and upsetting legislation may be a feature of the history of the year. But these may, and doubtless will be, blocked and de- feated by aroused public sentiment. Endeavors, for instance, to subject the railroads to undue restrictions and bur- dens will not be backed by the old wide- spread hostility to the carriers. The comichooks.qom