Judge — September 8, 1923 — page 28: what you’re looking at

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

“Yes—I’m Getting 7% And My Money’s Safe” After supper last night I went down to the fost office for the mail and found a letter from G. L. Miller & Company in my box. In it was a check for in- terest on a Miller First Mortgage Bond. As I was reading the letter Dr. Thompson came along. He glanced | over my shoulder and saw what it was. He knew I had been investing in Miller | Bonds for several years. ‘‘Well, Mac,” he said, “are you getting your 7%?” | “Yes, Doctor, I am getting my 7%. By the way, what is your mining stock paying?” “Not a blame cent,” he said, making a wry face. “Hereafter my motto is going to be ‘Safety.’ You seem to be mighty well pleased with your Miller Bonds.” “Well, naturally I am satisfied,” I replied. “I get my 7'% interest regularly—-30 days in advance, if I want it—and I know my money is safe because these bonds are protected in every possible way. In these days when so many people are losing money on invest- ments, it makes me feel good to know that I own these sound, safe bonds with their un- broken record of never having caused a dol- lar’s loss to anybody.” How to get a good interest rate safely It is not necessary to speculate and take chances in the hope of getting a liberal re- turn on your money. Miller Bonds offer you the protection of a first mortgage on income- earning property like apartment structures, hotels, warehouses, and office buildings. There’ is a valuable building back of every Miller Bond issue, and the income from the building is pledged, in addition to the struc- ture itself, to pay’ interest and principal of the bonds So the investor really has a double protec- , tion, in addition to the care which G. L. Miller & Company are constantly exercising to see that no investor shall ever lose a dollar. Miller Bonds are not only safe, but they pay the best rates obtainable in the various sections where the properties are located. In the South, where this company occupies a leading place as a financial institution, the rates on first mortgage security at present range as high as 7';. The investor can ob- tain this rate with full assurance of safety. To ereryone who is seeking a liberal rate and safety we will gladly send, free and without obligation, the story ‘of Dr. Thompson, referred to at the be- ginning of this’ advertisement. Just mail the coupon for the story, “Yes, I'm Getting My 7%." MILLER MORTGAGE BONDS $100 Bond: $500 Bonds; $1000 Bonds Interest payable twice yearly Yield up to 7% Partial payment accounts invited G.L.MICcCER SG. 117 Carbide and Carbon Building 30 East 42nd Street, New York Philadelphia St. Louis Pittsburgh Atlanta Memphis Knowille “‘First—The Investor's Welfare’’ MAIL THIS COUPON TODAY Tot. MILLER & COMPANY, Inc. W bide and Carbon Bldg. 30 Eat din Sirects New York ee ea eee | .”" and recommendations for an investm of |. ecg aes oemareenaeees forsee terest BPO ca not SHH ts, but whe itfortation | Banas ores pe eee tea ie oe [ % me | Address City and State | “| Ee EE ior eee NVESTMENT BUREAU | Subseritere fo Jvoce ore ented toan. || neera to inquiries on financial questions, and | in emergencies to answer by telegraph. No || charge is made for this scrrice. All com munications are treated confidentially. A two-cent postage stamp should always be incloard. Addrese all inquiries to the Fi- nancial Editor, Separ, 627 Weat 43d St New York, giving full name and exact street address. Anonymous communications will in no case be answered. The Barometer Question by Theodore Williams INCE the securities market started on its downward course last March, there has been an average decline in the industrials of nineteen points and in rails of fourteen points. During the same periods there was a falling off of about 8 per cent. in general business. If the stock market is a reliable barom- eter of business these two sets of per- centages must be reconciled. Moreover, although the earning power of the ma- jority of the listed stoc at present exceeds that of last year, yet the average price now is about 25 per cent. below the best figures of 1922. In other worc notwithstanding material net imprc re ment in the industrial and commercial situation the exchanges have ostensibly been forecasting the contrary, Seasonal dullness and bear drives have come to the aid of the prophet or it might have been seriously discredited. However accurate i ) > been at times, has it made a slip of late? AMETROPOLITAN who lately went on an extensive tour of his own country asserted on his return that New York was the bluest spot in the United State: Almost everywhere else he found business going on actively and optimism pre ing. The greater tion of the country believes that it is prospering and has no patience with pessimists. Can it be the psy chology of the chief financial center is influenced by a bad state of the liver rather than by actual objective conc tions. This is thought to be the case hy not a few financiers and captains of industry, and the theory largely explains the peculiar performances of the securi- ties market in the last six months. poner or later, flood tide always follows ebb tide, and perhaps before the 26 banker “Hey, Hen, give ’er the gas back there! Don't let ‘at flivver acomin’ pass us!” end of this year investors and spect may imagine better things. ‘These will then probably be realized. The ad mitted scarcity of a number of the better class of stocks proves that there has been much buying for keeps on the declines. The buyers were wise in their day and it is not too late—indeed it is a very good time—for others to imitate them. ‘ors Answers to Inquiries R., Marvinie, Texs.; The statistical books say that no recent information has been obtainable regarding the affairs of the Zenith Tire & Rubber Company of Cleve land. Your question, therefor Tor not the paying “dividends cannot at present bx The smaller tire and rubber companies are n easy time of it, and in some quarters it is that many of them will go under or be absorbed organizations, predict by the larg K,, Curvensxn, 0. Southern California Home Builders but there are the Fan ° country » court no facts. regard zations of similar Some of them h ppointed for them. ein various parts of t y been brought in ‘They have been charge loing virtually a lottery business. [tis better te ea local building and loan association whose transactions y readily be investig: 4 than to inten: money toa distant concern which makes alluring promises. M., Cutesco, Iut.: The Ball Copper Company does not appear to have been dissolved. It sold its property to the London Arizona Consolidated Copper Co for $0,000 shares of the latter's stock. The Londe pany is still in the devel t stage, having mine ore, the profits fro ave not been made known, Its'stock is not quoted here, but_may be on the Los es Exchange. ‘The address the London Arizona Consolidated Copper Company is 416 Investment Bldg., Los Angeles, and I advise that you write to the company for information, American Tel. & Tel. Company's stock st meritoriousones in the market. Swift nal is a fair business man’s. purch: 5 is tler Bros. Mutual Oil is a dividend payer and a y good low-priced oil stock. S. Entz, Pa. The Youngstown Sheet & Tube surplus for the first six months of this y est and preferred dividends, exceeded 89,000, 000. This covers the yields of the companies absorbed by the Sheet & Tube Company. The bonds of the patrd ged company are among. the lustrial issues. Axsoxts, Coxs.: Good § real securities are among’ th its for a woman You can prudently buy the Stratford Hall Apartment issue. Bethlehem Si per cent, preferred stock is first class. Chic . Rock Island & Pacifie 7, per cent. is a good purchase at present price, Th ulative up to 5 per cent stows, N.Y.: The outlook for the Frie imp g to reports that trols the railroad through stock ownership. It is said t Mr. Baker aims to develop the property into a mone; Doubt as to whether the road ean be m been expressed in financial circles, but goc ings afford some ground for the possibil ©, Bostox, Mass. The wonderfully le industry has not been seriously ¢ production of 318,000 ¢ ¥, 1922, by 29 per cent. ‘The trade prospects re good. Reports indicate 3,000,000 cars will be built this year. The demand for autos continues brisk. A., New York The outstanding 7 per cent. pre rican Water Works & Electric 50,000, and the yearly divider The earnings fc lus after fixed charge ¢ 4 per cent. on its 6 per cent. par ticipating preferred stock, which totals $10,000,000, b» nothing on its common stock, which amounts to $I 000,000. F,, Laxcaster, Pa.: ‘The affairs of the Harrou Motors: Corporation are in such bad condition that financial authority recently stated that the 14,000 stock holders stood no chance of getting back their mone! tion is de more m0 such ac Hf you hay way in W makes god P., Pan ine Comp: Tilon't se stockholde So cane market for New ¥ Ky Busines charge cor Ba £2 Br werk a su James S York, will explains U partial \ bookie in for invests Booklet let A-zt buying 6! #1,000 George Chicago, a Bond: “Did _ “Yes in lucl French eyes yc comicbooks.com