Judge — August 18, 1923 — page 28: what you’re looking at

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

T., New York: Urban Motion Picture Industries lately appeared to be in need of more capital. Sales of stock were not feasible y offered the com no! A special meeting of stockholders was called i to vote on the matter of mortgaging the company’s 4 real estate, There is no statement available of the company’s operations and earnings, but its need of money indicates that itis tm ‘The motion picture little while we hear of tress, ness is extremely risky. Every yme concern in that line in dis a general feeling that Ky: The, & Company bonds which are being s of their ek M. Forman & Co. are reputable dealers in. 7 ateral_ Bankers, Inc., purchase, G Monroe per cent K., Kiara, Wasi: The Rauch & Lang Company ‘ is in legitimate business which ought in time, if properly anaged, to | coessful. Lave no statement of operations and earnings, and so cannot tell how wi t the company is overcoming the late de rd to Steeleraft Corporat f these two concerns are not The same is true in f America, ‘The shi Sf “Gosh! There's no holdin’ you old hens since that young city chicken _ listed here : landed here!” T., Gurexsnono, Mn.: You do not seem to have noticed the widely ‘published statement that the L. R i | Steel Company's twenty enterprises were placed in’ the it ] HE OUTSTANDING fact of the hour is hnds of receivers on M arch ; Any exact in 1 p and not backward. Railroad earnings, _ the surplus of assets over liabilit ann 83,000 000, but that t imated Subscribers to Jupar are entitled to an- building operations, mining outputs, awers to inquiries on financial questions, 5 SE rae Effort m , and in emergencies to answer by telegraph. and manufacturing activities all indicate the t how No charge is made for this sercice. All +. . : . pi communications are treated confidentially. this. In course of time, agriculture Brooxtys, uld on advise ye i A eoeent postoge stamp should abvay he and shipping should join the procession invest your lifetime =, 88.30, in ang. cheap . Ronctal Editor deoon, 057 Weal $94 Sts of profit, makers. With so much of je qhoitd above its pur af #1 and it hee heen, past i i full name and ezact brightness in the outlook it seems unwise idends at i ale of 1 per ceal..a month, but th 5 wil in no cow te entered to sell securities of merit at present Tin future uf the conern ic nat certain, Mang mee b depreciated figures. The better policy oil enterprises start up and flourish for awhile, but the P would be to hold on, to even up, and to fear my sree at at camrae af times It gould . se . buy other worth-while shares if vossibl pe. of le ablished and asoned dividend paying oil by An Improving Situation ’ se NE Se. emanation (aucll as Ge Sinclair Consolidated pfd.), i " oipee or the shares of sound railroad, industrial or publ L by Theodore Williams ard cot utility organizations. Buy some of each f T Answers to Inquiries ties, for diversificatior ater safety HERE are still some tremors to be _ g, Moxrcomeny, Ata,: ‘The Buckeye CG, Trestox, N. de: The Bethlehem Steel Corpora 4 expected in the securities market, Company has f $10,000,000, par tion's report for the quarter ending June 30 was. the ‘ a pyipoaaeeathte have company paid first quarterly document of the kind it had ever : but major quakes appear to have 8 2 The report was pleasant reading for the stockholders. P ended for some time to come. Readers tera of this It showed earnings of $2.40 per share for the common . 1 reg S stock after the preferred dividend and a surplus of more of the Bureau who have been alarmed fs. Sumsh recy ¢f last © than $2,000,000... Any. doubt. as to. the corporation's over the declines in their holdings may thing over cent. The da deficit in ability to maintain its 85 yearly dividend was dispelled. ng to via hig divide tits surplus ‘The regular rate was declared, but if earnings continue feel r nably assured that the worst is to inen or even only ki nt, the ge and the stock is an excellent business man's over, even if the issues. they own are ts is likely tobe, bythe cose of the year, a demand for not of the highest grade. So long as rene aod Se Me Dona he | CLEVELAND, O.: Minneapolis & St. Louis R. R. 5 dividends and interest seem likely to market, ‘The Durant enterprises are not yet been selli almost a nominal : it s. minintaliie ae ‘aid ‘ks Paying dividends, though some are doing a fair busine he company i be maintained holders of such stocks Payingividends, hough sope are dep he company, has, “ and bonds ma rest. comparativ Northern shares are not so well consid d 8, and ane H easy. Owners of the best class of issues °f other Ieading railroads. Doubts have been ck is not promising. You may be called upon to pay u her the present rate of dividend can be m heir earnings depend largely on the amount of traffic which the farmers can furnish and this is an assessment on your sh: apparently have nothing further to fear. They are not in danger of losing their . ms by the low price of wh Doubtless the incomes and the probability of recove Is in the next Congress will m: noves against = ; st Gaee ae it_ the railroads, but it is doubtful if they will succeed in of values in the case of their commil doing much mise Although Westinghouse Electric, ments is growing stronger with the Pacific G: nd Consolidated Gas are stocks in ante eadfant, & oLrse of merit, safer investments for a widow's $4,000 would ol continued steadfast, if dull, course of ff Sound frst mortgage real estate bonds a business. There are encouraging signs — be had which make a return of 7 per cent. and H of very great coming prosperity in this ably safe. | Better than the stock would be Gr country. Enterprise is not overdoing well regarded. It it, there is no fierce rush in production ey in American r : ri first preferred, or or trade, but confidence increasingly ¢ 8 per cent. preferred. prevails in industrial and commercial he United Light & Railways . diversified public utility. service circ) y- Earnings are more = = requir Therefore its first lien and ted mortgage 6s, series A, no allable for IF INTERESTED IN BUSINESS AND FINANCE, || ‘Sl assert Worsaae it keep informed by reading the Bache Review, properties and by pledge of securities, including t i, summary of the business and || face in_ first and refunding mortgage 5s. It focuses and interprets || bonds were offered recently at a price to yield over 6 currents of to-day and indicates their trend. || per cent. Sent to business men for three months, M., Bextox Hannon, Micu.: In 1921, the Moore charge. Je Company's officers were found guilty mails t That should be sufficient to deter anybody from buying the comp: and it throws doubt on the company’s chances of success H., Putapenenta, al editor of a leading Philadelphi iy is probably better post 4 on financial matters and a safer advisor as to storks and = > bonds than your friends, who advocate Central Copper y of Arizona, For a long’ time T have been warning’ my yy LIFE . en TRONIES ‘ readers not to buy this stock. ie property has not i¢ man who compiled the list of ten J. S. BACHE & CO. been developed to the profit ‘making point, dividends best books to read in solitude is ship- 7 seem remote, and the shares a hly speculative, ; A P 42 Broadway New York City || heat thing to a gamble. Better buy the shares of 4 Wrecked on a desert island with a mail company that is ly a dividend payer. order catalogue. 26 comicbooks.com