Judge — June 9, 1923 — page 30: what you’re looking at

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

NVESTMENT BUREAU ubscribers to Seve awers to inquiries and in emergencies to. answer by telegraph. No charge is made for this service. All communications are treated confidentiolly, A two-cent postage stamp should always inclosed. Address all inquiries to the Fi- nancial Editor, Svoar West $3d St., New York, giring full name and exact will in no case be answer: A Case of Readjustment by Theodore Williams HE UNEVEN course of the securities market for several weeks lately does not appearto havesettled much, one way or the other. When prices fell a bear movement was, by the generality, re- garded as being under way. When th recovered the bull market was agai to be holding its own. It was matter of psychology. Manipulation we 7% and are now worth only $3,380. the principal is worth $7,000. $5,860 of principal. First Mortgage Bonds. expert are on the same footing vestment paying up to 7‘¢. $100 Bonds $500 Bonds Interest paid twice yearly Yield: up to7 Partial payment accounts invited G.L.MICCERSs G. 111 Carbide and Carbon Building 30 East 42nd Street, New York Philadelphia Pittsburgh Atlanta Memphis Knoxvil “First—The Investor’s Welfare” Why Look for More Than A customer sends us a list of stocks—some good, some bad— in which he invested $9,240 several years ago. He says: “At the same time I took $6,661.33 in Miller Bonds and in the same period they have yielded me $1,250 in interest and If you want to do a little figuring on your side, place that $9,240 in Miller Bonds at the same time I placed $6,661.33 with you and see where I would be. Experiences such as this, multiplied among thousands of in- vestors, show why a great many people are turning to Miller In buying them, the novice and the Why try to do better than that? Mail coupon for booklet Creating Good Investments.” $1,000 Bonds St. Louis WHAR youn] Rubbernecking the everglades. When accomplished, business, whether in or out a more active factor than economic con- these have been satisfactorily ditions. That business improvement in this country has already reached its peak is hardly credible. It should still have a long way togo. ‘The demands of domestic consumersareimmenseand show nosignsof abating. But it is not reasonable to expect that business will be free from ups and downs. These do not measure the intrinsic of the securities market, should halt. and should show a pronounced direc tion. It was in this belief that keen buyers set the wise exampleof picking up the good bargains in the best issues offered on the late recessions. trend. The tide moves ahead, however Answers to Inquiries the ves change the level of its surface. G. Browse, x. J: Brighton. Mills compan; earn are evidently short a just comp T' 2 stock market has taken some note It will take a OD of the fluctuations in business activ. UY,°hMien a Catturnia Petroleum ities, but it has not forecast anything like a and “Stromberg Carburetor are dividend payers, have merit and are reas for the long pull, A safe business men’s inves! general collapse, and is not likely to have reason to do so. Readjustment is not a New Yous: The Power Securities Corporation process which is active only at long in- imon tuck 8330.00 of the nacho elesk end wits tervals and only on a big scale. It is in $8,000,000 of 6 per cent. notes payable of the Idaho effect, to a greater or less extent, at all Power Company. The cap tion of the Power See ure ties Corp. is $150,000 shares of common, 38,000 share times, and often improves a given situa- tion. Minor readjustments in prices of commodities and services have apparently become necessary in the business world. tion Company and Com: he net ne of the Power Securities Corpo- t payments in 1020 was 88,432; in Lovis, Mo: Ther in the first lien and re bonds are 0 October, afterwards. The company it took over the properties 1 is doing the entire com and light et railway Ark business in Little R from the properties w bonds. could ield 6.45 per cent. J: ‘The Penn Public Service Cor- large and profitable business, serving mmun tern Pennsylvania Its new offering of 15: wood business Safety? ve been had lately at a His holdings e much worse fund y first’ mortgage el Products i Q., Punaness | than in buyin 7 eM With the stocks I have lost sof the Mi s hese | bonds are due in 1938 a ple at 107 for the first five years and at lower pre afterward. The company has been incorporated to take over the bu and properties of the it Pressed Steel Ce . established 1909, and the F m Corporation of Cleveland, ¢ is the largest’ on pressed steel a both are getting a safe in- | cent. part | basis of ten at a less nut 1923 is declared fividend of $$ m .. MILLER & COMPANY, Inc. bide and The present d uum Oil is in the Standard ind without ting Good lescribing a first tgage bond issue paying 7%.