Judge — July 28, 1923 — page 31: what you’re looking at

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

equally good will be dril safer to put your mo sounder and longer-« dividends, C,, Bostos, on the property. nto the ed comps Tt would be wck of a stronger, y which is paying Mass. he Beattie Sugar C 20-year first mort sare not gilt-edye e given a ioderately good rating. The « its subsidiaries, ec Is vast tracts of land in ad is a low-cost sug Tt has produced sugar continuously since 1899. The bonds stitute the only funded debt. Net earni several t s interest charges. The lately at par. J, New Yous: paying more th CCC. & St. L, equipment trust Minneapolis uid Ou Id & Ohio « cauppment tre So ny’s but may: con- ave been bonds were offered Goo per « equipment securities, all market price are the . Chicago, St. Paul, a equipment tr lina, sipment tr. Gs, Michigan Ce and New York ‘Central equ t equal in hare making returns Arrow Motor Car ( better prop That company has be paying dividends on ils 8° per cent. prior pli + the bonds less speculative than they « Consolidated Textile 8s are fairly de- wpany is paying no dividends » for a long time to come. bonds theref: somewhat speculative, the company’s e: c ve Minwavken, «qu for Co ‘a ‘ on stock $20 asked; cv 1 87 bid, $9.50 for the shares indicates a rather unpromising outlook. Tt was wise for the corporation dividends in order to conseeve resources Gurexwicn, Cons. You misunderstand the rk situation. ‘The fact that 200,000: marks e been bought for $1 did not make then good bargain. ‘They would have been cheap only if the German government vigorous steps to reduce the ks to the bonds of compa tockholders. ‘The ations at figui 100,000 theres It looks ron whic of the Ru un gover prin “The State of Ce st with respect to population in Br seventh with 1 trade Fincipal agricultural 5 staple eatton, The bonds will be a direct obligation of the stat they will be secured by a first charge upon sever: of taxes which, during the over five times the interest requir will be the only: external debt « pple debt tes gold coin the st Phe total f the state is but about A proceeds from this loan will be used ch loan before maturity, the state f the favorable exeha pnditions The issuing price was 9 Gee Fe He—You know, I don’t have to come to a cheap resort like this. My father is a big dumb-bell manufacturer. Old home week in X., Ente, Pa oungstown Sheet & Tube Company's “twenty year 6 per cent. debentures look quite attractive. “The company is one of the leading producers of steel in. the United His the largest independent r of lar products, Ht has strength field by acquiring the Brier Hill St the Steel & Tube Company of America. ‘The pr sof the sale of these bonds will be used to reimburse the company for ex penditures made in acquiring properties, and as addi: tional working capital. ‘The consulidate of the th eerns in I i times al inte The bonds were offerc a tut nid enlarged el Company a est requirements. ers Power Company's eager bone The com- properties in fiscal year the ne J The are dividend been sellin rehiase rest ehiirges, ° bonds have to yield 0} S., Seatti, Wasit Bs, series ( 1958, The first a eof the Southern Californ appear ¢ dependable. to th in Southern Ca thirty-seven cities and towns, nig which Angeles, San Bernardino and Riverside Net earnin, in the last fiscal year were 2.62 times interest on bonds Issuing price yielded about 6.1 per cent N., Covinetox, Ky Tt would seem a 1 move for you to buy some of the Scioto Valley Railway & Power Company twenty year first: mortg: The opera tric railroad bet bus, Laneaster and Chillicothe, O, It creasing power and. street towns. Much of the proce We to retire older bonds. Net carniny the interest. requirements. ‘The bd 8 price to yield over 6.6 per cer ©., Roci N.Y: ‘The fifty year 6 per cent debentures peer-Kellogg & Son, Ine., appear to be within the line of safety. The corporation is one 1 manufacturers of tin pilin the Unit and has its sat Butl san in in adjacent will be us are over 2.4 tin ds were offered at only funded The issue was pl N.Y was’ incorporated kes finane enter It . cum preferred stock is The company has been payii lasses of stock for many years. 1 stock was lately offered by a leading financial house « a price to yield 6.16 per cent, New Yous, July 21, ket at par. & Sh a flourishi “etric debt. Its Free Booklets for Investors i <5 men have been responding in to the offer of JS. Bache & Co, 42 Bre York City, to send to them, on request, for thre without charge, copies of the Bache Reriew fone of th resting and reliable we tio the financial district members of the New York Stock” E: months This is vost in ly publica issued i hange of long George M. Forman & Company, Dept. 47-A, 105 » Monroe street, dering a ceded ice to the gn of their interesting Safe Bond Mit should be already: bough pe rules | or is about to down should 29 the Canary Islands. ation s for more mut loss to a cust . to prep perfect protection to purchasers of corpe The company, having been in b than thirty-eight years wit qualified, manual of © such a advive. » well to of the be klet, issued by the 345 Madison Secure copies A new be an Bond & Mort New York, and useful to. all pers warded first mortgage Iding with Bonds company wi 99, 'T busine sorbing revealing how am unknown to most, of ued by G. L. Miller & Co, eet, New Vork. [tis 1 Became Rich,” and it presents we wealth which every reader of the Wilkinson's plan was to save per and conservative ties pay di reinvest the returns from his He chose for his purpose Miller first mort- bonds, secured by income 4 property and paying as high as 7 per cent. These bonds have had many purchasers throughout” the country Investors with surplus funds might” write to Miller & Company for a copy of this story and also for the descrip: tion of an attractive bond Ine. ntitled sistently. i libe pureli 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. J. S. BACHE & CO. 42 Broadway New York City PARTIAL PAYMEN TS. The Best Way to Buy Good Securities on Convenient Terms Send for free Booklet L-25, whick explains our plan and terms. James M. Leopold & Co. Established 1884 Members New York Stock Exchange 7 Wall Street New York ne & Co. are | |