Judge — August 4, 1923 — page 26: what you’re looking at

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

Where Do Your Dollars Go? How often have you asked that question as you figured up your income and outgo, only to find that all your firm resolutions to save money had once more been wrecked! And you realize, too, that time is passing and that if you are ever to accumulate money you must make a start. Why can’t you save? The answer is really very simple. You have tried to save money on your own will-power, instead of working on a plan that would make saving more attractive than spending. If you would discover the secret of accumulating money through regular, safe investment at profitable rates of interest, mail the coupon today for the free story, “Mr. Bunner's Budget.” It describes a simple, easy method by which you can keep control of ‘your money and have the satisfaction of seeing it increase, aided by liberal interest rates, up to 7!2°<, paid by Miller First Mortgage Bonds. G.L.Miller BOND & MORTGAGE Company Florida’s Oldest First Mortgage Bond House G. L. MILLER BOND & “I MORTGAGE COMPANY 208 Miller Building, Miami, Fla. I Dear Sirs: Please send me the story, “Mr, Bunner's | (selenite lean | same | Address IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Revi ten minute weekly summary of the bi ess and financial situation. It focuses and interprets ~day and indicates ther rend. 42 Broadway New York City Investment Opportunities In its present depressed market offers chances to far-sighted investors that may not soon come again. The issues of any leading corporations—long established, seasoned dividend payers—are selling much below their intrinsic worth. No matter what y have happened during the past few months in the stock market, the investment quality of these issues has not been impaired. ‘They be prudently bought and at present low fi they render fine yields on market pri also bid fair to be profi e, the securiti They us speculation, for they promise to seck higher levels not many The Investment Bureau will pecify to inquirers stocks and bonds that sonably safe and desirable at this time. months hene gladly are re! In this connection, attention is called to ‘Free Booklets for Investors,” one of the features of this tment, appearing in another column. There be found the names and addresses of reputable houses which are ready to send applicants letters and circulars containing ation which may be of much value to persons desiring to invest money to vool advantage. fort | instance | reliable profit-ma considerable period. | offerings INVESTMENT BUREAU Subscribers to Jvvae are entitled to an- era {0 inquiries on financial questions, and in emergencies to anawer by telegraph. No charge is made for this service Communications are ‘trealed, confidentially. A two-cent postage stamp should aliaya be inclosed. Address all inquirice to the Fi- 27 Weat 43d St, ~ giving full name and exact Anonymous communications will in no case be anewered. A Flood of New Securities by Theodore Williams HERE is an important factor in the | securities market which tends to trip up the conclusions of chart- makers and the deductions of business cycle forecasters. This is the annual outputs of new issues of bonds and stocks. The aggregate of these, in the course of a ay greatly influence prices on the When very large, the effect ly be depressing on the older listed securities, especially if the latter's yield on market price is less than that of the former. There have been many of flashy, untried newcomers promising libe es_of interest or dividends, supplanting in public favor the issues of staid, long-established and kers. The fresher issues do not always fulfill expectations; they may eventually lose out, but for the time being they weigh down their associ- ates on the list. I ASSIGNING the causes of the price variations of recent months some responsibility must be laid on the im- mense current output of securities and the prospect that it will continue for The total of new bonds, notes and stocks marketed for the railroad, public utility and industrial corporations in the first half of 1923 reached — $2,098,745.710. This was 3 ge addition to the already extensive ailable for investment and speculation, However meritorious these may have been, however — genuin they may have reflected sound expansi of business, they divided the attention of the public and diverted buyers from the more familiar issues, weakening the latter's position, Such a condition must always be taken into the reckoning. It is inevitable that as the industrial and commercial activity of the country in- creases, and corporations multiply, the number of issues dealt in will’ grow larger, and that a mass of undigested securities will at times overload — the market. Answers to Inquiries Oil Company 2.50 per share is sell: an rest After tory yield « tou your stinent. ‘These re other first class issues. ng the well-regarded pre- below par recently, are Cosden 7 per cent. pf, American Woolen 7 per cent. pfd., California Petroleum 7 per cent. pfd., Sinclair Consolidated Oil 8 per cent. pid, American Water Works wctrie 7 per cent. first pfd., and U.S. Rubber 8 per cent. pfd H., Coxcoxn, N. HL. Pure Oil Company's ten year 6!) per cent. sinking fund notes at the i price of ninety-nine were a fair a proposition, yielding 6.6 per cent one of the largest of the oil concern phase of t try, ‘The notes ares of the company, and the net earning: leave an amp! The notes. c« prigage twenty- bonds of the Southern a prudent forty-six of prom Darin s. The bonds were « per cent The Long-Bell ge 6 per cent. sink E, may be das a fairly purchase at their recent price. w ielded over 62 per cent. The company is believed to be the largest manufacturer and distributor of lumber in this country under a si Tt has large tracts of timber in Louis California, Oregon and other States, and the be secured by property appraised at twice their face value. dat a price to W., Sr ber Ci fund b arte Heghkes- The Rooster—What’s she so stuck-up about? The Hen—She holds the record for the longest non-stop waddle. 24 huma bond: ties i on th are tl dange bond gettin “0, body would 8100. the 1 ing select Cente Amer Gas & L., and d invest securi box, jouse ‘Mr. of on inte mort can ol & Mo comicbooks.com