Judge — May 5, 1923 — page 31: what you’re looking at

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

water t H mpany was incorporated in 1881 and supp ty the city of Indianapolis. The earnings a > annual interest charg bonds were « price to yield nearly S. Baurtwore, M offe it. Motors, Inc, was ized in 1919 a cently none of its’ stock to the public. The company. manufactures distinctive. motor cars. It has plants at and Wilmington, Del. The stock is being produce and market a new model car. it is said, last year equaled 82.20 per sh d tion of Federal taxes, The shares were offered recently at $8, They look’ like a fair business man's “Bh, Bostos, Mass: The Derby Oil & Refining Cor- poral 's cumulative convertible preferred stock of no p itled to dividends at the rate of $4. Each ertible into two shares c ommon. The stock is redeemable after three years. ‘The corpor- ation is a new one and has acquired the stock of the be which has large holdings of oil land, pipe- ink cars. The proceeds of the sale and Il be used to retire mortgage bonds, trust { the shares cs, ete., of the old corporation and to expand the busi- Net operating income pays fixed charges, preferre for dividend on. the $a good su Jends, and lea erred stock was offei on stock. The pre price to yield 8.6 per cent. data Railroad. ad is profitably operated. The es were offered at 100 and interest F. Moust Versox, N. Yu: The first ° 20- year sinking fund gold loan of the Park Row Building w York appears to be very. well secured and a safe The property on which the $2,700,000 loan Ko secured has been appraised at over $4,000,000. Thi egal for trust funds in New York State.» The property for 1922 was over twice the | bonds were lately quoted | d over 6 per c The vration’s 6 per cent. first li in 1950, an excellent p trie power of the Sierra Nevada Mountains over t tion system in the world, extending through Southw Nevada and the eastern section of California, from the niddle of the State south to. Mexic prrates 650 miles of telephon 4 cod has industrial plants in Southern Ca bonds appear to be well secured and earn were more than twice total interest requi 1d over 6.3 per cent A., San Franctsc xternal loan 30-year 6 pet cent. gold debenture bonds of the Oriental Develop ut Co., Ltd., look like a reasonably safe investment They are’ guaranteed by th [ Japanese govern: ment, whose credit is high, ‘The company was organized in 1908 to develop the resources of Korea, now part of the Japanese Empire. Net ngs have been liberal and the company dw paying 10 per cent. on its capital stock, ‘The bonds were offered in this country at a price to yield 6.62 per cent. They are payable in United States gold coin. M., Sr. Joszen, Mo. few thousand dollars into the Company's gold debenture bonds The at a price to yie BE, Owana, N Electric n gold bonds, series B, due ‘The corporation . system alse nd telegraph lines fornia, ; 1 could prudently put a American Power & Light maturing in 2016. ities, incl im: and the eomm red stock is paying 6 per cent 10 per cent. ‘The company is under th of the Electric Bond & Share Co. The be red at a price to yield over 614 per cent C., Mist, Fua.: The capital stock of the Inter- national Tel. & Telegraph Corporetion seems to be a good busi rough companies which it ally t entire population « Corporation owns jointly with t merical Tel., the stock of the Cuban American Tel. & Tel. Com pany, which owns three submarine cables between Havana and Key West, forming a connection with the entire Bell Sy The corporation has been paying 6 per rent. ani and its earnings for this year are estimated at high figure. The stock was offered at #68!y per share K., Isptasapouts, [xp.: The Ilinois Power & Light ons first and ref. mortgage bonds bear interest and run for thirty supervisis js were sls this corporation serves practic Cuba and Porto Rico. Tt also will perous municipalitic Let “How to Will Be Sent Without Cost Eight ways to test the safety of your investments are given in this interesting booklet, “How to Se- lect Safe Bonds."* This important booklet (the coupon will bring your copy) has been prepared from the long and successful ex- perience of George M. Forman & Company. Every investor, large or small, should know the facts it gives about getting a higher yield with positive safety. D., Manion, O.: It looks like safe proposition to buy the 3 year 64% per cent. secured sinking fund gold fi series C, of the Chicago, North Shore & Milwaukee to Test the Safety of Every Investment 1 Is your Investment Protected by Property of 5 Is it Properly Managed? Permanent “How ments should Value? 1 be yp permanent value well in excess of the amo the entire loan, promptly ani othe id fully t sec why invest- y having a unt of urities In obligation to” pay Has the Property a Sufficient Earning Power? “How to Sel erty” must has ect wer Fannual safe prop- of at int Is the Property Adequately Protected by Insurance? An Imports t consid, out overnight a valuable property ration, as fire often wipes ct Safe Bonds” tells why proper to insure prompt pay= ipal upon maturity 6 Is the Title Clear? “How to Select Safe Bonds” tells a sure way of insuring against loss through faulty ttle. 7 What is the Moral Character of the Borrower? As Important as proper management—explained in this Interesting booklet : 8 Who Offers the Securities You Bay? “How to Select Safe Bonds” tella why even t experienced Investor must depend for safety. © Urely upon the reputation and length of servi of the Banking House offering the investment. It tells of the conservative policy of painstaking investigation and selection which has made It possible tor George M. Forman & Company to sell bonds for 38 years without loss toa customer, large or small 105 W. MONROE ST. CHICAGO 38 Years Without Loss to a Customer MAIL THIS REQU Select Safe Bonds itely how you can enjoy, with absolute ncome from your ‘investment. "Math ank for your copy of this interestin, No obligation. 7 ST BLANK show you defi- safety, a this George M. Forman & Company Dept. 45-A, 105 W. Monroe St., Chicago, Ill. T Please mail me, without cost or obligation, & copy of your booklet, “How to Select Safe Bonds.” No solicitor is to call on me. NOME eee eee ceeeceeceeeeeees Address. City « railroad connecting Peoria, Spr with St. Louis. Net earnings in interest on the total mortgage debt. he bonds was such as to yield 6.1 per cent L., Lanstxa, Mrcu.: ¢ Inland Steel ¢ ‘The issue price t sale of this stock a Is of the rece for used to redeem mortgage bonds, to. pi vements and to enlarge working capital. 7 jiany has been in existence 30 vears.. It is the. second rgest producer of steel in the Chicago district, and can market a ge of its products in Chicag y e reported se stock was vield 6.7 per cent. Tui: Both preferre stocks of Northern ‘States pid. pays 7 per cen § pays 8 per cent. ai larger returi nings in 1922 increased over 11 per cent. ai dividends there was left a considerable additi surplus. The company is steadily expanding ness, It serves a population of over 1,100,000 gysin. Minnesota, Towa, Illinois and North and South rakott New Yor, April 28, 1923. J lely The 288 page statistical book iss nd common — Willis & Co., members of ( ting. The 3% Broadway Phe common investor. It ‘conta egarding securities list the Uni data it gives ai and capitalizat Free Booklets for Investors _J.S. Bache & Co., 0 nge, 42 Bre appreciate sending copies of t three months with M. applicant their free furnishing good securiti ed State U. 675. The debenture pold & Co., ew York, sl Bache Review, are publication to business m ut charge Wall street pook forn nd Canada, bonds of C 29 ubers of the nd low price: To obtain it ask Willis & Co. for pay 7 per cent. and the bondbol Tata share of at least oue-third of the uet profits. publishers on applicat ork Stock of th nen fo members of the New York New York, will mail to 1-25, which expl: on partial ns the by Harvey A. nsolidated Stock Id be helpful to every condensed ‘nings, div lateral Bankers, ers also rece d form nges of portant idends Inc. a pro There nt. in September last. $100, 8500 and.$1,000, ‘d from Clarence Hodson & Co. y. New York. A similar enterprise promoted by Hodson & Co. has paid its bondholders 91 per cent. in interest and profit sh in nine years. For full particulars concerning Collat Bankers bonds send to Hodson & Co. for descriptive ular M-201. How Henry Wilkinson Became Rich,” is a rea story published by G. L. Miller & Co., Inc., 30 East Forty-second street, New York, the widely known tributors of Miller first’ mortgage re: bonds. ‘1 securities pay as high as 7 per cent, and they" are based oducing properties. TI bee ands of people in th than twenty foreign countries, and none of the bi has ever lost a dollar through the bonds. ‘The bonds are in pieces of $100, $500, and $1,000 and they may be chased on partial payments. ‘The story above named relates interestingly how a man and his wife acquired a competency throu asateuatic busing of Miller bonds t can be obtained without charge on applicatio Miller & Co. i Stee comichoo! a