Judge — November 3, 1923 — page 26: what you’re looking at

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

In Washington You Can Now Get $70 a Year on $1,000 N the 50 years during which we have been selling First Mortgage Investments, there have been but few periods —and these many years apart— when it was possible to obtain the highly profitable interest rates now prevailing in the Nation’s Capital. You can now get as much as $70 a year on $1,000, or a corre- sponding yield on the smaller denominations of $500 and $100. The full rate of interest which the investment as a whole yields is paid on all partial payments. You can buy our First Mort- gage Investments by making an initial payment of 10%, the balance to be paid at any time within ten months. We givea MONEY BACK GUARANTEE of principal and savings bank interest should you, for any reason whatsoever, be unable to complete your purchase. Whether the amount you have to invest is large or small, you will find safety, convenience and profit in this Investment Sav- ings Plan. Back of the plan is our record of half a century— 1873 to 1923—without loss to any investor. | Let us send you, without cost or obligation, our booklet | Biving full information about present invest- ment opportunities in the Nation's | Capital. Send | now for Book- let No. B-24 ? Oe F.H.SMITH CO. . Founded 1873 FS First Mortgage Investments é | SMITH BUILDING WASHINGTON, D. C. | NO LOSS TO ANY INVESTOR IN 50 YEARS) SERVICE The Investment Bureau contains sound, conservative, helpful information and advice about financial matters. Why not consult it about your investments? “Cy Jones was crowned last Tuesday by the ‘Horseshoe Throwing Association. INVESTMENT BUREAU. Subscriters to Junae are entitled to an- ancera to inquiries on financial questions, and in emergencies to anawer by telegraph. No charge ts made for thie service. Ali com- munications are treated confidentially. A two-cent postage stamp should always be inclosed. " Address all inquiries to the Fi- nancial Editor, Jupar, 627 Weat 43d St, New York, giving full name and ezact street address. Anonymous communications will fin no case be ansicered, A Market Without Trend by Theodore Williams T HAS been a saw-toothed market so long that investors and speculators have been wondering if there will ever again be a distinct trend. One de there has been upbuilding of quotations; the next day the previous day's con- structive work has been undone. A posi- tive decline at one session of the exchange has been repaired by a decided rise at the ensuing session. Nobody has been able to foresee the movement of prices clearly. Many have tried their hands at fore- casting only to be confounded by the event. Pr ophesy ing in an irregular and uncertain market cannot fail to be un- fruitful. HE MAN Who could not find his missing almanac remarked: “Well, we'll have to take the weather as it com That expresses the necessity now imposed on those interested in the fascinating game of marketing securiti Business, which the stock market is supposed to follow, even from afar, with keenest scent, does not as yet unquestionably indicate which side of its fence it is safer to take. The presumption, after balancing all con- siderations, seems to the Bureau to favor the affirmative and optimistic view. There are many in the opposition, but industry and commerce are not simply staggering along—they are making actual progre Though they are not | proceeding with a rush, their footing has much firmness, and there is a genuine possibility that the present degree of prosperity will continue and even expand. Corporations there are whose earning power can be depended on in compara- tively dull as well as in brisk times, and whose issues are certain to yield dividends. To-day the prices of the securities are low enough to make it reasonably safe to buy them. If reces- ions overtake them all the more desirable will their purchase be. a Answers to Inquiries $ Mici.: Ido not regard the shares 0 ational Bank of New York, found xd investment.” The ons, and, though its future outcome i lation, for J list of inves yivania R. R. stock Motor stock. Intern nod return nd se jonal Text Book. is n your purchase price rs Mfg. Co, have been mon stock isexcellent ccweed the Allis Chalmers It appears ably safe. has White doubtless making The reports of the 3 favorable and t this time sound condition with dividends quarterly divi¢ paid on August 1 cord July 24. 500 you have advisable to diversify Instead of buying more of Penns or White Motors, it would be bet ares of Union Pacific, Southern Pacific, Bethlehem Steel 7 per cent. preferred, U.S. Rubber pid, or American Waterworks and Electric «Pld. "Ht would be well for you to consider The Ia on stock of on hand it would be ments. Pacific common class, with some chance of a within the next lend on the pre! but with yield from common very i¢ of bonds of the Willys-Overland y of pa on them, pe of resumed dividends on the stock market bids fair to. be for awh t, with no decided trend. best stocks may at times sell lower, but, the eventually come back to higher prices, and this appears to be a good time to buy them. M., New York Crry: If your friend in Los Angeles is getting 825 a week o investment of $1,500 he is having exceptional good luck, w not be expected to last. It is the ny new oil conce 4s in order to help sale nds h sound, w has dispel preferred. 1 the leading tire companies are having a hi at present, so thi cks of J obscure concerns are not desirable. The issues of the oth you ut cannot be such as a woma You had better purchase the shares of eliable dividend g companies which ages, such as Allis Chalmers, Ame White Motors, or Pe & Electric 8 per cent. pre and is well regarde M., Morntstows, 5. L preferred, but perhaps 3 ferred. ‘The stocks of both com me price and have similar possibilities. stocks are selling below the ing to the doubt. 1 proved and th conda is also lower ths prthern Pacific Northern pre ald favorably influence the st probable that Pure den & Co, and Sinclair Oil preferred will recover in price when the depression in the oil industry ends, In the meantime, present dividends on these issues c maintained, but this is not fully assured. Standard Gas & Electric 8 per cent. preferred ranks as an excellent ir ent. Uruguay 8s no do investors would pr rie 8 per cent. preterred. _F es not go smash, Uni Pennsylvania R. Re 5 y Steel Spring, and Rubber preferred, should in due course of time advance to higher levels. comicbooks.com