Judge — May 26, 1923 — page 30: what you’re looking at

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

“It Seems Only Yesterday We Began Saving” | “Remember how we used to try to accu mulate money, how we used to make New Year's resolutions to put aside so much a week? We would stick to it for a little while and then we would ‘borrow’ from our selves, promising to pay it back next week or the week after. “But we never did pay it back, and pretty soon we would give up the idea en tirely and start all over again. Years passed, with nothing to show. We never got ahead. “Now that we have a nice little pile of bonds tucked away, it seems strange that | we were so slow in discovering that the only sure way for us to accumulate money is to | invest it while we have it, every pay-day. | “And how fast our investments have | grown—it seems only yesterday we began saving. The best part of it is that the longer we follow this plan, the faster our money grows, because we use the interest to help pay for more bonds, and the more bonds we buy, the more interest we have to re-invest.”” For Everyone Who Wants To Succeed Every man and woman who has found it hard to accumulate money, or who wants to accumulate it faster, should know that the only effective way for most people is to invest their money, as soon as | they get it, in safe bonds paying a good rate of interest. But be sure that the bonds are safe and that you are dealing with a reliable firm—otherwise a loss | may cancel your entire savings. Miller First Mortgage Bonds, which for years | have been nationally known as sound investments, | can now be bought under our new Partial Payment System, which makes investing so easy and simple | that anyone can become a bondholder by paying as little as $10 a week or $10 a month. There is no complicated machinery, no harsh conditions. Every payment draws interest at 6 per cent. from | the day we receive it. For those who want to make their accumulations grow faster, it is possible to re-invest the bond interest as fast as it is received. | In other words, the bondholder gets compound interest. Mail the coupon for full details regarding the plan and for booklet, “Creating Good Invest- ments,” which will show you the way in which Miller Bonds are made and safeguarded. When Lucy Farrar’s Ship Came In” the title of an interesting story howing how partial payment inv ing built the fortunes of one family. A copy of this story will be sent, also, on receipt of the coupon. $100 Bonds; $500 Bonds; $1,000 Bonds | Interest paid twice yearly Yield up to 7% Partial payment accounts invited G.L.MICCER & G. 110 Carbide and Carbon Bldg. 30 East 42nd St., New York Philadelphia Pittsburgh St.Louis Atlanta | Memphis Knoxville MAIL THIS COUPON TODAY G. L. MILLER & CO., Inc., 110 Carbide & Carbon Bldg., 30 East 42nd St., New York lease send me t “When Lu Dear Sirs story | of |can be sayings?” “Not at all. “I suppose that boy of yours gets off some wonderfully bright He's just an ordinary kid that only asks ques- tions that are not answered in the encyclopedia.” INVESTMENT BUREAU | entitled to_an icial questions, by telegrap rs to Ivar tll hould always b | # to the Fi Jencr, 627 West 5 g full name an The Shrewd Small Investor by Theodore Williams HE recent slumps in the stock market were due primarily to ggressive selling by the profes- sional traders. They were not discount- ing any materi There seems to have ively little natural liquidation. f owners securities were not stampeded and did not consider themselves seriously affected, for they anticipated an upward n compara The n reaction after the flurry. So many persons have of late years been educated in financial matters that it is more difficult now for the bears to catch the general public napping. The outright or heavily-margined purchaser of sound | stocks and bonds felt assured when every recession invited new buying with its steadying — effe Big capitalists are credited with much picking up of bargains and their faith in the future was shared by numerous small investors who bought odd lots of the best issues, paying cash for and strong-boxing them. These buyers were apparently convinced that the tide of prosperity now on is real and will last, and that in response to it the prices of good securities are bound to recover, sooner or later. FFr0s 2 long-pull standpoint, at least these people are probably right Participation by the public has lately ne and sound, mere speculation avoided. It seems improbable that purchase on stiff recessions of issues of corporations undeniably _ prospering mistake. ‘The country appears Investments,” and details of your partial pay to have shaken off its business torpidness —— for good. The growing activities in the industrial and commercial world Address are the best possible assurance that, City and State while there may be no runaway market, the underlying tendency is bullish rather than bearish. ‘The not the sellers, bid fair to be the winners, buyers, Answers to Inquiries B., Sparks, Ney.: General Motors Corporation’ financial ion is strong, its business is increas: and its out is bright. In 1920 the mmon s! was das high 410, but in that year e share common, par $100, was no par value This naturally ¢ Suspen use at difference in the price ts | perated to lo n investment The comm shares, the market. fi 100 in Gen k is a fair busines s pu Eanuvinie, N.Y oodyear 83 of 1931 sell lowe than’ Goodyear 8s of 1941 1 the 1941 8s are fir mortgage, long term, and red 20, while th 1931 Ss are shorter term, and are re 1 bus is an excellent s Soa Water Works & I ic 7 per cent. first pfd. sellin ral pe lower, and Sinclair Consolidated Oil r cent. pfd. selling under par. . ST. The Davis Sewing Machine my late a has been You not getting it clared on the comm s are quoted at 810 bid, 815 asked. The future ‘of Internatic depends entirely on the conditi« It seems probable that th miust some day pass in this business as it has pull as to try not yet, seri ald sell possible if y nts Cusnee Company, a paving the di ‘0 dividend h far Coro. uur stock van Mach If that can « good business man’s pur ontinued the chase for the L., Penurvitie, Mp. poration is a new s\ Company, and was Northwest. Naturally speculative quality in its The We n States Oil Cor. diary of the Middle States Oil organized to operate properties in is more of less of the k. It has not been tested by time. It might better for you to wait for awhile before purchasing the share E., SUyxyvate, Cat: ‘There are so many unrelia dvise any rn. Tt is Standard Oil Oil pid not take promotions in Texas that I would not 19 put 81,000 in a buy oil stocks of alifornia ed merit, fi um pfd., Sine For a number, of years nment has failed to pay interest on bonds, including the 4s. Some time ago an arrangement was entered into by which Mexico will resume t, but this plan has not yet gone int . although the prospects of its doing so are How jong it will be lived up to cannot be foreseen, Mexican gov: actual Under the circumstances I would not advise purch Mexican bonds by anybody who eannot afford to take a speculativ: C., Cases, N. Yi: ‘The firm you mention has not of its West risk my ‘confidence. I would hesitate to . offerin, | infant industry in the remo! ist that an Eastern investor should his money on. Better buf the shares of a well-known and already successful com K., Scuexectapy, N.Y Durant enterprises should be bow Durant ha tensively, forty or f bank. N enterprises is paying dividends, ‘The sh yet, thoi them may by and by es are’ speculative and long pull. Shell Oil is paying #1 per year and was quoted lately at $17.50. [ would