Judge — October 20, 1923 — page 31: what you’re looking at

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

a game of ein it. But ptor stocks will suffer. You have shown #1 ~e-cutting, sire. Mar do the . Grotox, Mass.: reil’New Engl so long and accumulat in the savings bank. In ¢ probably sutfered no serious. privatic {hn the circumstances which your loses, you had better keep ‘the money in the bank for the present. But for your future savings you should seek a er return, You can buy a 6! per tor 7 per cent. first mortgage real estate bond on the partial payment plan { easily pay for it with your monthly urplus. “H., Portiaxn, Me.: We ma be optimistic as to what will be done to railroads by the next sinistration will hardly regard radic road ‘over, the army of holders of ra probably, outnumbers th has its knife is of apprehension are not sufficient. to mpel ks you hold—N. Ys urities Ladvise that you turn down any Jires in new oil concerns located in Even if they are honest ventures, is little chance for them at this time. But the di honest promotions have been so numerous as to warrant ding of all newcomers with suspicion, Nonrouk, Va.: The best Southern records of pare favorably with Of Northern and Western Bonds and stocks the roads which pay dividends, like C. & O., N. & stline, well deserve the conside Southern investors. J, € ELAND, C Service Co, is buy The statement that the Ci g the dividend scrip on its comu sinfor: he company is market for ers in genera ¢ Panama Curb and among de: . Desver, Coro: Itis ti us iirong Sompetitor of the tr But the territories which the latter travers developed. steadily and they should eventually enough added traffic to minimize the effect, of the can: route on railroad business. Atchison and the Paci Roads apparently have prosperous years N., New Onteans, La. Among preferred stocks of companies which are prospering are Allis-Chal American Car & Foundry, American Locomotive tional Biscuit, Studebaker and U. S. Rubber. have merit and are desirable. The Ohio Power Company's new issue of, first mortgage 6 per cent. boi series C, are an excellent investment for a business ma The company operates large and generating plants in eighty cities and towns, The security back of bonds seems to be ample to insure their safety. T! reeeds of the new 6,000,000 issue are to be used for nstruction purposes, Earnings are more than twice f ‘The common stock by A\ as & Electric, & ilourishing corporation, ‘The issuing price of the bonds was such as to yield 6.07 per cent. s,, Lovisvite, Ky.: I have no particulars regarding the operations and the earnings of the mortgage com- pany you mention. But the firm which is promoting the stock has not my confidence. It has been note dealer in unlisted speculative stocks. The Davis Sewing Machine Company went into the hands of a receiver in May last. It was asserted that the company’s lial ties exceeded $3,000,000 and assets were only $2,700,000. The receiver was authorized to continue the business, but the company’s stock appears to be a doubtful propo- sition, 3 of the above-named issues should be bought by a woman. G., Seuisartetp, O.: Your inquiry regarding B, & O, common has been ‘pleasingly answered by the action of the directors in placing the stock on a 5 per cent. dividend basis. This is the first dividend on that stock de ‘sand il is six years since the ral _ ‘The directors would hardly have re: dividend had they any doubt of ability to maintain it sharply to a point that would give profit, but in view of the handsome Yield now made on purchase price, it looks well to hold ur five hundred shares. S., Saw Franctsco, Catt Pruvdently invest in the new 6 per cent. first mortgage real estate improve- tent bonds, series A, of the tract in East Los Angeles whic for industrial purposes. ‘The managers of the enterpr have had much success in Chicago and elsewhere in similar undertakings. ‘The bonds, aggregating $1,750,- 000, appear to be amply secured by assets, and the ex- fected earnings bid fair to be ample to incet interest charges, ‘The bonds are due se July 1, 1926 to 1933, + They were la ‘yield 643 per cent. Port Arthur Ca 's first’ mortgage Os, series A, due , are desirable, ‘They “are u anteed by the Kansas City “anal & Dock Company constitutes ‘ity Southern System at the deep water p ex. All the stock of this company is owned by the railway company. ‘The railway company. earnings have been sufficient. to pay dividends on preferred stock since 1907, and the interest payments seem well ssured. The bonds were issued at a price to yield over 6.1 per cent, Wneeuixa, W. Va. The Ohio River Edison Company is a mbdday of the Pennsylvania Ohio Power The hansom had two speed: “whoa.” & Light Company, a successful concern, Company's first. mortga eh uly 1, ‘pal, interest and sinking fu oC hey are, therefore, purchases, They were offered at « pri ield over 6.4 per cent. » Hacenstowy, Mo.: S. 0. of No J. sold nearly 20 points higher this year, though it is paying only 81 per year. The Standard Oil group is expected ne out of the depression better than most of its If the price steadies 8. O. of N. J. shares might be bought for a possibly distant rise. Southern loss Why the stock has “Pm making real money now’ EE that coupon? Remember the day you urged me to send it to Scran- ton? It was the best thing I ever did. Mr. Carter called me in to-day. Said he'd been watching my work for some time—ever since he learned I was study- ing with the International Correspon- dence Schools. “Then he asked me if I thought I could Railwa is on present earnings a somewhat attractive speculation, but it is not certain that a dividend will be declared this year. It is not improbable that, if car loadings do not suffer a slump, Penna. R. R. stock will go higher within the next eigh B., E If the prop appraised a margin over the face value of the loan, first mort real estate bonds are among the safest securitic only of reputable and well-established bond « Such bonds make no appeal to speculators, but t thoroughly apprec steady-going investors. At current reduced price of the Atchison, Topeka & Santa Fe Railroad an excellent investment quality. ‘The dividend of 86 is being earned with so much to spare that occasion ally talk of a higher rate breaks out. New Yous, October 13, 1923. the share have Free Booklets for Investors The United States National Building and Loan Asso- ciation, + » Liberty Building, Philadelphia, announc ¢stablished a plan of saving whereby $25 paid in each month for 132 months will amount to is to happen through the usual methods The State of Peni ct laws safeguarding their members, and the United National Building and Loan Association is sub- ject, to, State supervision. Full particulars of the asso- ciation criptive booklet 301, “A} on of Independence,” and a copy of this will be sent from the association's office to any applicant ames M. Leopold & Co., me Stock Exchange, 7 Wall street, New York, will furnish vestors with their Booklet," L-25, setting forth the firm's partial payment plan for the purchase of good securities. J.S. Bache &Co., members of the New York Stock 42 Broadway, New York, are supplying business men, on request and free, with copies, for three months, of their valuable weekly: financial publication, the Bache Review. cular SB, which tells how thousands of bond- arge industrial banking institution have red 10 per cent. yearly for nine years, will be mailed to any address by William M. Herbst, 20 Broadway, ts of the New York take over Bill Stevens’ job. I told him | 4. was sure that I could—that I had had that goal in view ever since I etarted my I. C. S. course, I start to-morrow, Mary, at an in- crease of $60 a month. It’s wonderful how spare-time study helps a man to get ahead.” FR thity-one years, the I. C. S, has been helping men to Win promotion, to earn more money, to get ahead in business and in fife, | You, too, can have the position you want in the work you like best. Yes, you can, All we ask is the chance to prove it. Without cost, without obligation, just mark and mail this coupon, “ INTERNATIONAL CORRESPONDENCE SCHOOLS Box 3578, Seranton, Penna. Without cost or obligation on my part, please tell me how [ean quality for the position of in te subject before which I have marked an X. BUSINESS TRAINING COURSES: Salesmanship Advertising Retter Letters Show Card Lettering Stenography and Typing Business English Civil Service Rallway Mail Clerk Commen Schoo! Subjects Private Secretary High School Subjects Bpanish == French Otlustrating TECHNICAL AND INDUSTRIAL COURSES Electrical Engineering Architect Blue Print Reading Contractor and Butider Architectural Draftaman Concrete Bullder Structural Engineer Chemistry [) Pharmacy Automobile Work Airplane Engines ‘Agriculture and Poultry Mathematles (J Banking and Banking Law Accountancy (including C.P.A.) Cost Accounting Bookkeeping /Mechanteal Draftsman Machine Shop P Iroad Positlot urveving and Mapping Metallurgy) Mining Steam Engineering () Radio Name. Street Address... city. Occupation. Persona residing in Canada should send this coupon to the Internationol Correspindence Schools Canadian, Limited, New York. ‘Montreal, Canada Great Diamon Ring Bargain ; Perfectly cut, genuine blue-white Dia- mond held aloft on six white gold prongs. ¢ tleman’s 14K Green C ‘arved mounting, trimmed with artistic seroll designs of White Gold. Send No Money ~ Ritg,,%ext FREE for your approval. If entirely satisfied pay only $10, then $5'a month, for ten monthe ntl the total price of $60 has been pa Free Gift Book tches and Jewelry. shows thousands of other bargains in Diamonds, Send for copy No. 283-R. Ser8 Vit Aw = di Sy Today 10 Months TO PAY “THE HOUSE OF QUALITY” LW-SWEET INC. 1650-1660 BROADWAY, NEWYORK comicbooks.com