Judge — October 13, 1923 — page 27: what you’re looking at

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

B., Bostox, Mass.: The methods and “action of the promoters of the Commonwealth Hotel of New. York have been sharply criticized past few years. ‘The project seem to be making little or no. progre: Now it is stated that the enterprise is under a new man if bankers and other bu It is planned to pay off th nthe hotel's valuable site with pri of the sale of preferred stock. it is said a builder's loan can be ned onstruction of the hatel begun in earnest. ‘The new pre- erred stock can be exchanged for the preferred stock of the company hold ing actual title to the property. ‘The is attractive if it can be made to work, Since yon will have to pay nly 870 more to secure vour preferred sock it may be well for si to takes pg Cane Asa “Yes. it is not Tos ANGELES, ceneral__propositic policy to dispose liberal interest for t sound paving eof buy well Cheeho: 739s, Cuba RR. 7!ys and ( putting the money into shares of « At the prices quoted for these issues. y« able to buy shares that would give you ith as much safety. It might be shat vou have than to make a swit ern Ohio Traction & Light Company isa fairly pr ern, paying dividends on preferred, an nably Anaconda deb. 7s crit, though not first-ch Corporation is a dividend payer and its preferred stock is a good business man’s investment. Public Utilit of Evansville, Ind., bonds scem to be well secured Bautiwore, Mp.: The Steininetz Motor Car Corporation seems not to have furnished recent. public tatements. It is not paying dividends. Ur sisting of one share of preferred and Jin 1920 at 811 sked. Thi nt 820 hid depends on the railroads for a seem not to take it up. Pri a office in New York for the sale of the stock, but the authorities put a stop to that D., Paraperruts, Pa.: The sale not at present be advisable. If the affai proceed n may in time be able to ‘PARTIAL PAYMENTS | | The Best Way to Buy | | | might e country. orably y higher Good Securities on Convenient Terms Send for free Booklet L-25, which explains our plan and terms. James M. Leopold & Co. Established 1884 Members New York Stock Exchange 7 Wall Street New York | YOUR MONEY Keep it wisely invested, later it will keep you. Thousands of bond holders of a large Industrial Banking Institution have for the past9 years received 10% yearly on their investment. Write for circular SB. WILLIAM H. HERBST 20 Broad St, N. Y. Fatab. 1898 “That canvas-kisser seems to do a lot of listen- He fights by ear.” | requirements that ever. IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Review, a tute 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 | time, Sine Seven EiGnt- i prices for them. ernment's se leading railr« tions, There Among gilt-edged bonds are « nd the first mortgage ii jal and public utility organiza- these is comparatively small. 4s which make liberal returns and I These include U.S. Rubber | ; Hudson & an first and ref. 1 Corp. 6s and C. C.C. & St. Louis. 6s, rable stocks include Union Pacific, Southern Pacific, ania R.R., Studebaker, Beth. undries, and Am pd. American St rves a good rating. mortgage Is should be made a part of your B., Tsanet, Sovosos Istanp ‘The plantation scheme which you outline is not, likely tiract men of capital The American people have lost vast 1 enterprises of the kind, located in the and elsewhere. ‘Since y. that be interested roject men in Sydney | ine who would be adver ous enough yin the manner you propose. Personally | ith in such undertakings, therefore, I could not recommend yours to any person of means. "I regret that [have not a more encouraging answer for one who Lon ken the trouble to write from the other side of the | D., Norvoux, Va: It will require a great deal of | improvement in the shipping business before International Mercantile Marine pfd. can recover much of its loss. Predictions have been made that within a year or two there will be no idle ships, but that seems too optimistic a view at present New York, October 6, 1923, country. sums of money United Free Booklets for Investors H. Smith Company, Smith Building, Washing- Proposes an investment savings to take immediate advantage of the 63 and es prevailing in Washington. n buy first mortgage >wn and th Partial payments will or 7 percent. interest. Principal The ton, D.C. enables one 7. per cent. it has been in business stor. Its first mortgage | income-producing Property are in denomi s of 8100, $500 and 31,000, full information of the company’s . write to it for Booklet A-24. Ta be able to detect the difference between safe and s is a matter of consequence to many. in- George M. Forman & Co., Dept. 10, 105 W. | Monroe strect, Chicago, for thirty-eight years in business us dealers in bonds, have. published a useful booklet entitled “How to Select Safe Bonds.” It gives eight bond must have to insure the safety of its buyer's funds, It is claimed that Forman bonds have fully passed these tests. ‘Those who need a their bond transactions should write to Forman, y for a copy of the booklet. ‘of great ¢ and of their opportunities has bev by the Columbia Mortgage Compan East Forty: ew York, under the title “The Verdict of Thirty B: Itcontains the observations certain lines of its readers. In many a hed ind Anvenlanen uring val 1 this. booklet, | together with th and an i portionment chart he & Co,, members of the New York Stock 42 Broa ay, New York City, still offer to n, on request, copies of the we Bache Reriew for three months without cl In their booklet, “How to Create Good Investment: 1. Miller & 0. East Forty-second street, New ‘York, tell how it is possible to get 81,806 interest from a 31,000 investment. This pleasing result can be ob hy buying a fifteen-vear Miller first mortgage real estate bond paying 7 per cent. and reinvesting the interest every months in additional bonds, thus compounding the rest. ‘These bonds are secured by income-yieldi tate and are safeguarded in various ways. rranged to have all the maturities occur at the same as giving the invest big bond matures, This Booklet Sent Free | Saved Each Month Grows to 5000 Can you save $25? If you will lay aside this small sum each month, it will grow to $5000 in just 132 months. Quite a snug fortune, isn’t it, considering the very little effort involved! $5 saved each month grows to $1,000 $10 saved each month grows to $2,000 $25 saved each month grows to $5,000 $50 saved each month grows to $10,000 $100 saved each month grows to $20,080 How $25 a Month Earns $1700 for You You invest $25 a month for 132 months or a total of $3300 You will receive at the end of 132 months the sum of. .$5000 Your money has earned $1700 Do you want this money—$1,000 or $5,000 or even $20,000? If you do, in- vestigate the U. S. National Building and Loan plan of saving, a method which is used today by almost Seven Million men and women and which has the enviable record in Pennsylvania of no /oss toany investor in 92 years! You, too, can realize your ambition for financial independence if you will save only a few dollars each month and invest them wisely in U.S. National Building and Loan shares. Your savings earn 10% for you and are protected by the most rigid State laws. Find Out at No Cost You owe it to yourself and your family to find out about U. S. National Building and Loan. You should leam how you can build an inde- pendent fortune by this safe and easy method of saving. Write today for our descriptive book- Tet 301 “A New Declaration of Fi- nancial Independence,” which fully explains the U. S. National Building and Loan plan of earning by saving. U. S. NATIONAL Building and Loan Association Suite 417-M Liberty Bldg., Phila., Pa. “Real opportunity comes only, tothe man with ready money.’” —John D. Rockefeller comicbooks.com