Judge — June 30, 1923 — page 31: what you’re looking at

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

ne to your attention by your young friend in Cl They do not appear in my lists of corporations. are apparently new and not yet tested and certainly are not dividend payers. Concerns of that kind depend for success mainly on the ability and integrity of the management. V us atnbitious build dean associations have ly got into serious t she with th authoritie and it would be well to be ea ul in « yz their claims, Better put your money ii a bond or stock that would give you return t to take up with wildeats just first mortgage real would be one 1 profits t, on the other ha L., Bru Cu The so-cal it belong to the Oil group. T have had no literature presets but it was in existence several y am net aware that it has ever made en pay dividens The good many questionable 1if you feel that you have been mistreated you send a complaint to Uh . District Attorney at Fort Worth, The be stro rating, thy lower yi a thai jy many fer bonds than the Gulf Oil S. Rubber first and ref. tral tef. and imp. 5s and t bonds of most of the leading railroad and in organizat A.. Lockout, The Security. Oil Company is in liq . whic tes that its stock ean hardly pital stock outstanding Howe pany is 81,088,150, par 81 npany’ paid a dividend of 5 centsa share quarterly from April 15, 1918, te 1, but then ceased he ly jar bettered that vidend ha: pans’ was s IIS by the Hers Motor Corporation, so the shares you bor advices at He : ng fini eno definite statement, of the pr arnings of the Elder Manufacturing Corporation loss in 1922, but is said to be doing a good busi ness. Perhaps it might be well to bold your stock rather than to sell at a 30 per cent Pay New Youn: “The Albia Light & Railway Com “arnings 1920, but T hav ateme 1 Oil & Refining Com into the of a re ceiver, but th olling company . did latter has been eli of reorga p. and the New E per cent. note: t 101 and interest. Net earnings of the jagnolia Light & Railway Cony seem argin over interest requirements. ‘The first’ mort therefore, are a fairly reliable investment. ©. Ranway, Node ‘The New York, New HL & Hartford ROR $ per cent. Eur The int far from. bei tisfactory” fins These bonds are secured by the same lien ty: be The company unable to sell enough additional first mortg ref. bonds to redeem the European loan The debenture 6s are being care t neither of the two issues has much attraction investor might well refrain from risking his sues that are in an uncertain and complicat ation. There are plenty of first-class major issues which can be bought confidence position is clear The speculation. Bethleher purchase at the price y behind in 1982 and did & the first quarter of 19 been impr out well a S., Winutests, Cit: The properties of the d this year. Mines & Milly Company and t pany of Boulder, re vielded well, but hand. The Harvey Rim & W selling stock for a numbe advise purchase of the shares G., New York brokers. we in their PAID FoR, Moneys j Far I GLANDULAR fj carn dividends du at latterly the bu wing and the company is expected to ev hed the stage of prosperity. The recent failure re due to disclosures of dealings with el centage of brokers who pursue wrong policies, and it is a benefit to the public to expose them. The better cla houses are still doing business and careful ‘nvestors are ble to find them. Wasit:: ‘The drop in the price of crude a rather bold expansion program, with results not altogether certain, some extent adversely affected the pri ates Oil stoc y has an d thus far to in Js talk the future, New Youk, June 23, “ge 3. Free Booklets for Investors Business men interested in current conditions a Jing that the well-known Bache Reriew is most helpt This publication gives a good summary of the busine ind financial situation every week. Tt is sent t men, who apply for it, three months without If you write to J. S. Bache & Co., members the New Yo k Exchange, 42 Broadwa The old-estabh M. Leopold & Co., 7 W needed serv of them ies 0 eat tere. For tall mation Id & Co. for booklet L-25 which explains the plan and terms. ‘The prudent investor trea money with the utm care and does not expect he insists on safety Thos secking to invest their funds conservatively would do. well to apply G.L. Miller & Co. Ine. New York, for a copy of their e Good Tnvestments. The miny ism tributor of first fi real estate bonds high as 7 per cent Fa bonds come in den of $100, $500 and $1,000, and they y percent. Pi Eve seorge M f 46-4, 103 W. Mon street, Chicag jeen in business. thirt years’ without wer and their booklet is thw: result of the experience of thee decades. “Tt sets ht recut that every be to insure the safety of the invest will send it to any applicant. The mnpany are secured by income producing properties: high as 7 per cent.