Judge — June 2, 1923 — page 30: what you’re looking at

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

Common Sense and a TA%—8% Investment The thing that has attracted thousands of investors to Miller First Mortgage Bonds is their common-sense basis of safety— nothing but well-constructed, income-earn- ing buildings in Florida cities as security | (earnings as well as the structure itself | pledged to the bondholders for complete | safety). No better recommendation than the fact that the owners of these bonds | have for years been receiving interest and principal as due, with never a day’s delay. If you are interested in a simple, safe investment of this kind, paying 715% to 8% (the prevailing rates in Florida) mail the coupon today for free booklet, “The Ideal Investment," which describes Miller Bonds in detail. G.L.Miller BOND & MORTGAGE Company Florida's Oldest First Mortgage Bond House 206 Miller Building Miarni, Florida | Ic. ok. MILLER. BOND & Mist, Florid: me, without obligation, I Investment,” with elreular di pod first mortgage bond issue p Address : | City and State | IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Review, a ten minute weekly summary of the business and financial situation. It focuses and interprets currents of to-day and indicates their trend. Sent to business men for three months, without charge. Jj. S. BACHE & CO. 42 Broadway New York City b. A fireless cooker. MANICURING WHILE You LINGER Business as usual during alterations. INVESTMENT BUREAU Subseribere to Icpae are entitled to an- awers to inquiries on financial questions, and in emergencies to anzirer by telegraph. No charge i made for thie service. All com- munications aré treated confidentially. A tro-cent postage stamp, should alraye be inclovd. | ddreae all inquiries to the nancial e627 West 43d. St, New York, giving full name and exact street address, Anonymous communications will in no case be ansicered. The Stock Market's Recovery by Theodore Williams s Was intimated in the Bureau's previous review of the situation, the slumps in security prices ceased when numerous bargain hunters | began buying in earnest. Sharp ad- ances from the low levels curtailed the ains of the shorts, but no doubt some of the professional sellers. made large profits by their forceful value-depressing campaign. At the outset the losses of well-margined or fully-paid-up holders of stocks were not serious, but before the smash ended quite a number of persons had b sared into needlessly letting their holdings go at losing figures. This was especially regrettable in the cases of those who had bought outright not pressed for additional and were deposits. A little more faith in_ the soundness of good issues would have saved them from loss. Cooler and shrewder investors were afterwards glad that they did not become panicky. For the bottom did not drop out of the market. In spite of the boomerang effects of a host. of fictitious buying orders, the market recovere somely t optimistic proy came into vogue. The late rec were explained as having been inevitable, really a natural and healthful proceeding; not signs of the conclusion of the bull market, but creators of an improved technical position. Once more the gener- ally bettered business conditions were given their due weight, a distinct] stabilizing influence. It was not o' looked, however, that fluctuations might be expected at any time, and that in- vestors and speculators should watch their steps carefully, no matter how ssions 23 bright the immec Conservative fi tious boldnes: neiers still advise in investments. Answers to Inquiries railroad aa 1 are specula . New York id carry a profit sharing right entitl bondholders to a pro ti ‘one-third the entire net profits. Profit sharing is limited to per annum. ‘The enterprise has proved ver and the bonds are attractive ‘The Public Service Company ‘n counties. T nd includes one . Bi Northern Ili terri erved the best: manufacturing The company’s new first lien and refunding mortgage 3! per cent. bor e well secured. They are first mortg valnabs property and are also backed by pledge of prior | bonds.” They were offered at a price to net 526 per cer They june 1, 1962, * O.: The applic nberg Automobile & Motors Company was deni ‘ourt at Indianapolis. The plaint evidence to support his charg insolvent and its officers extrav: due n for a receiver for th D by the produced pany was wonest E., Puuapenema, Ps in the J di There is an excellent inve ting & Refin we of 6 per cent. bonds series F ese bonds are being sold to rein: ‘ompany for expenditures made, to provi viditional property and to provements. ‘The company has be an iti in Be 01 b HL. Aubasy, N. y 2 had a successful y ment quality « April 1, burse the funds for the purchi extensions and rnings in| t dividend of fifty cents a share and an extr Naturally the. increase ket price, but tl It owns over 45 quarterly dividend of 81 per. sh stock caused some look for the company acres of oil | B. Fr. Worrn, Tex.: It w safe ‘to invest $1,000 in the first lien and refundi of the Houston Lighting & Power Company ere offered lately at a price to yi The company supplies without - compet ric power and light to Houston and vicinity, The onds are secured by deposit of first mortgage bonds. Bodum ak auple core Comet tine ein is bright. ate outlook might be. t. stock dividend, a regular f jd undoubtedly be