Judge — October 20, 1923 — page 30: what you’re looking at

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

Wife—Is that an owl hooting? “Yes, why?” “I thought it might be one of your constit- INVESTMENT BUREAU Subseriters to Jvpor are entitled to an- aera to inquiries on financial questions, and in emergencies to anawer by telegraph.’ No charge 12 made for this service. All com- munications are treated confidentially. A eovcent postage stamp. should alwaye be incloaed ireaa all inquirice to the Fi- nanetal Edson, Sepae. 7 West 9d. St, New York, giving full name and ezact strect ‘address. Anonymous communications will in no case be answered. The Autumn Situation by Theodore Williams HE LULL in business during the hot I weather season of 1923 was notic able enough to give prophets of evil a talking point. But the amount of depression that occurred was very remote from disaster. Even such disturbing influences as the Japanese earthquake, Italy’s clashes with Greece and Serbia, and the coal strike did not seriously affect the industrial and the commerc! nor indeed the financial, _ situatio Autumn arrived with no flamboyant promises of a boom, but with signs of betterment which may develop into an- other advance in the nation’s prosperity. Naturally cold weather arouses men to a more buoyant mood, to a stronger morale and to keener activity. So it may be expected that vigorous efforts will be put forth all along the line to maintain and expand production and distribution. HE DOMESTIC demand for commodities is apparently going to continue quite as large as at present, if it does not be- come larger. Manufacturers and buyers have both pursued a conservative course and the absorbing capacity of the market seems to have been rightly gauged. The 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. po to business men for three months, without ange. j. S. BACHE & CO. 42 Broadway New York City cerned. totalled against Such arrays of fact unexpected setbacks, market to revise its d and to post higher pri solid worth. The market has been h tating of late, but on the whole it has been _ industrial purcha: holding its own fairly well. Stocks which #b!¢ operation = were a good purchase in the times of plants at Detroit, I slumping are still better investments ©. The proceeds of the sal lay. i Answers to Inquiries sTERDAM, N. Y, Oil price can hard! about #8 each, S., Worcester, Mass: pany is making an excellent K., Oaxtann, Cat: paying 8 per cent., but it would sell higher if the dividends 6 per cent. ref. assured. Hartman Corp., paying 7 per cent. are due r business man’s purchase, but the met doubling of the stock creates Motors, Stromberg Carburetor, Tennessee Vivaudou and Waldorf Syste: and have varying degre baretor looks like th Company's frst and refunding are an excellent business man's investment. of the sub: : s safer tod 85,000 in these bonds. Part first-class first mortgage real rie: is well affiliated. © The con West Penn Railways Compa trolled by the American V pany. Earnings are more th: 28 and certain, : sending August Stance. The company thirty-one imports aggre- _M., Cute gated $2,650,000,000, com- Yast amount of A pared with $1,952,000,000 for the corresponding period THE CONGRESSMAN ON TOUR last 1922. These statis’ a stupendous and_increas- ing commerce. in 2008, The collapse of Middle States be retrieved until the oil inc recovers from its present depression. A slight improve- maturing in 1952, have a v ment in the business is soon expected, and it n better for you to hold your shares than to sell at a loss of light and power bu The proceeds of the sa to pay for extensions and other ¢ a iderable and it seems well to hold the shares for the time cl aa The price of the bonds Famous Players common is in the Milwaukee E m are all divid end pa territor of merit. Stromber; bonds ngs { the lot, all things considered. Offering price sify and not to pet Il of your . Prersnurcu, Pa.: The W aan ample to meet the di consumers’ needs are too dend on the 7 per cent. cumulative pfd., and the issue well known to incite excess of output. There should, therefore, be a steady move- ment of business, nowise spectacular, but affording a living return to all con- is a reasonably sale i an Dirco, Cal is the strongest org: industrials. It is paying B,, St. Lours, Mi n they are not And foreign trade pur best marke and to raise U r; while exports $3,562,000,000, as Japanese bonds s $2,424,000,000 in good! spirit shown now fortune has strengthened 1 W., Dever, Cou iy be ¢ will, unless there be its been pee yet force the stock ount of the future ices for all issues of Curvetann, 0. 3 8 per ce 02, building and repai stock will be use Earnii try tion ref. and i 1p. mort he Fifth Avenue Bus Com- return on your purchase rnings show a co . Lyptaxapouts, Lyi mk some uncertainty. de Union Pacific, ADELPHIA, PA. and J ‘The Empire Gas fifteen-year bonds, series A, D., Pa Overland C ngs new issue of sof the Cities $ of the largest auto ‘of it might be invested in difficul estate bonds, bonds t Penn Power Company G., n stock is owned by the factor ny and the latter is con- continual orks & Electric Com- A sharp red ata pri The goose that laid the golden egg. thas a very large surplus and abundant working Its common stock is one of the safe 6 per cent. the stock would be very: ‘persecuted’ . cated, have advantages over railroad and industr not wanting. During the corporations. ‘Their business is li in. Montana Power can be cited as an bonds are well rated, For the rebuilding of its r es’ and industrial establishments Japan will need a ican products and She will tly, at least, in the nese people mortgage bonds of the Union P: led a gilt-e ost. prosperous in the Uni 10 per cent. on its common. stock for a legal inv iged issue ‘ bonds are nks in New York, ou need have no hesitation in buying them, have been quoted at 991, Gre e pid. stock cumulati he comp It is one of the largest ship companies of th Island Edison Corpora- 4 per cent. bonds, series A, good investment quality be ‘The corporation is doing the entire commerc ss on 5 tric Railway & Light eld over 6.1 pe The earnings of the Willys. mpany have been so encouraging of late that there seems to be no question of the safety of th first mortgage 604 fi cent. sinking 1932. h le manuf: tions in the world, and it is surmount in which it found itself a fe bonds due September 1, Henry Ford. is the great uncert ‘in le industry. Hi planning new surprises for his compe ine in Studebaker followed the rumor that j- Ford meant to cut the price of his Lincoln car and thus of jun plu: H, be opt becon Iso want large suns to obtain x .. The total of dit of the Empire os first lien and refunding the aa ifie Railroad Co., du Centra ‘The railroad ed States, and tment for assachusetts and New nd accrued inter Lakes Engineering is an inviting been in profi hi Great Lakes, with and Ashtabul nf this pfd. stock is to ‘and acc ed at 105 develop enough ten Island, of these bonds will be ds over 64 per cent. tional I seems to be good value have m ES pany's 0,17 bonds, series ( issue’ of series C ind steam heating bu The co and suburbs. Ital plants i treet railway busine bon Ul times the interest. nstru bonds x L the ope pany the stoc dealer i Machin in May ties exe The re¢ but the sition, bought G, Si wor the dire basis. in four 5 per ce dividenc The sto m= he company 8 organiza @ the fnancal rs ago. The ield over 634 per cent suspected o rs. yield no Your fiv in the n tent bo trict, In tract in for indu have ha similar be charges, 1933.4 of Port owned b earnings stock. si assured, over 6.1 ae Compan comicbooks.com