Judge — July 7, 1923 — page 30: what you’re looking at

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

What Is The Present Tendency In Investing ? During the past few years there has been a noticeable tendency among investors tobuy well proved investments such as First Mort- gage Bonds because of the safe- guards which surround them. ‘The safeguards surrounding the First Mortgage Real Estate Bonds we offer for sale are described in detail in our elaborate new booklet, “Building With Bonds.” We advise your writing for this booklet at once. There is considerable information in it which should be of value to you. Send now. Ask for Booklet JE-99 AMERICAN Bonp & MortcacE Co. Capital and Surplus Over $3,500,000 127 No. Dearborn St., Chicago 345 Madison Ave., New York Detroit, Cleveland, Boston, Philadelphia and twenty other cities 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 ond indicates their trend. Sent to business men for three months, without charge. i Pee vaccasixs 5.6. BACHE & CO. 42 Broadway New York City “Hey, kid! You betta watch out, or your balloon will fly away with you!” INVESTMENT BUREAU Subseribers to Junar are entitled tovan- Aicera to inquiries on financial questions, and in emergencies to anawer by telegraph. No charge is made for this ‘acrrice. Alb communications are ‘treated confidentially, A two-cent postage stamp should always be inelosed. Address all inquiries to the Fi nancial Editor, Ince, 627 West 43d St, New York, giving full name and ezact atreet address. Anonymous communications will in no case be ansuered, Quiet Days in Finance by Theodore Williams TACULAR Thovements in’ the se- curities market) would naturally, any season of the year, be fol- lowed by intervals of inactivity. But | the force of the late. gyrations spent itself on the eve of summer, almost always a period of dullness in’ most lines of business. Hence the expectation that after a short drowse the market would awake to new life and activity was not at once realized. The weathe however, cannot be | existing stagnation. The professionals cannot forever keep things moving without the co-operation of the public, and the public is holding aloof with great effec It has been deeply impressed by the recent failures of brokerage concerns and the insistent | assertions of widespread “bucketeering.” Investors and speculators—especially those of limited capital—have been filled with doubt and. suspicion, and their desire. to “take a chance” has been cooled by fear that’ their orders will not be honestly handled. Of course, this is unfair to the w York Stock Exchange and to the many perfectly re. liable concerns of the financial district, but people outside of the “Street” are not generally posted as to the standing and soundness of the various houses. | If the house-cleaning which has been begun is only thoroughly done, confidence may yet come back, and transactions on the exchanges be enlivened. There is but little present opportunity for the speculator who wants a quick turn. But shrewd observers of the financial scene are, after every recession, applying their liquid funds to acquisition of the bargains which appear in all classes of issues. ned for all the Answers to Inquiries Fr. Wate, Fis. of the strong 1901 Bethlehem Si concerns in the cou widely know tal is 8180, ferred. 819,15 common stock is on corporation did not quarter of 19 nits have since bee sing and the corporation should good showing . There is an Armour & Co, of Hlinois, th concern and an Armour & Co, of De q er operates certai properties of the old comps Armour & Co, of Ilinois | orbed M Tt suffered a heavy. loss Dut is asserted to be doing a profitable bu vw. Both the Armour companies — hi properties and their bonds and’ preferred. stock look investments. Skelly Oil sold as high as ‘our purchase price. ‘Ther orts of production and the price of the stock declined. Ali more or less hurt by the low price mers common, paying 4, is 500° 8 ‘per cent. conv per cent. div nds. in like good business m . ScOTTsvILt have been favorab but in spite of th ellent busines a on your purchase price. has sold this Reports of earnings are favorable. 2s stock is so highly speculative that mm to it. can find no data conee the "Monticello Silver Mining Company of « Since it was incorporated in 1879 and is not inthe lists of mining panies, L doubt ver; iit i, Pun. . Then poration wa A broker here sration units at 88.50 bid and 815.50 e that this is the same stock that ye You can figure it out whether it is worth y the remaining 850 on your purel TH, Mins. Any kind of plantation or fruit Has particularly risky. Most such undertakings ha Yor soe reawn or aot proved un lie tn amma report of he future of the project. The surplus and reveals a ‘etn in fern the Ii ita tiv ration, A quotes unit Wek at 867 bid, quite a decline from the price you paid, » SacuaMeste the frm you name Ting in I have no ea poration of Ameriea, but units of t ead here at $26 bid, #33 asked. ‘This low price ites a rather dark outlook C., Ocnes, Urat Id appear reasonably to invest your $2,000 jn either Union Pacific coma thern Pacific stack. "There is no Southern Pacific AU 133", Union’ Pacific. common. made a yield 7.4 percent. ‘The yield nithern Pacifie at recent price was 6.6 per cent. Of course, it, would be better, ple, to buy these stocks immediately after reces- if they occur B,, Prrrsucran, Ps The of tie best regarded i 4 corporations of its kind. Tt has been paying a good divid but this is to be reduced for atime, Standard Oil of New dersey is Mf merit. Int the yiekl on market price just now is only mod The P dera Milk Products culative concern in which I Hatche t Min ofthe etropolit quotes Me bought. while to p Pure Oil Company is one fium si Company is a distant you to invest. Little Babson is spe but such issu Central pid. S opportunities Is Your Money Earning 712% Safely? There are five good reasons why you can obtain © by investing in Miller First Mortgage Bonds, secured by income-producing structures in thriving cities in Florida. When you have read_our_circu- lar entitled, “Why Florida Irivestments Pay 7!" , you will understand the reason for the unusually liberal rate which you can obtain, with perfect safety of principal and interest. People all over the United States have been buy- ing Miller Bonds for years and getting up to 7).', continuously, with never a dollar's loss or a day's delay in receiving money due them. Mail the coupon today for the circular, which explains both the reasons for such a safety record and for the liberal rate. G.L.Miller BOND & MORTGAGE Company Florida's Oldest First Mortgage Bond House Te L. Miller Bond & Mortgage Company 207 ler Building, Miami, Fla. Please send_me the lar ments Pa | frst mort “Why Florida Thvest- with elreular deseribing a e bond issue. | Name | Adaress comicbooks.com ho