Judge — December 1, 1923 — page 30: what you’re looking at

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

Washington for 642% and. Safety N Washington, the Nation’s Capital, the first mortgage in- vestor finds an unusual degree of | safety and stability. Strikes, crop failures and business de- | pressions do not disturb its ac- | tivity or its growth. The busi- | ness of Government must goon. Washington is thus the only city in America which has directly back of it the tremendous influ- ence of the United States Gov- ernment in improvement and development. Our First Mortgage Invest- ments, strongly secured by im- proved, income-producing prop- erty in Washington, D. C., will pay you 61% net over a period of years when interest rates are likely to be much lower than they are now. In addition they carry State and Federal tax-free features which increase the yield to 7.13%. All issues are sold in denomina- tions of $100, $500 and $1,000, outright for cash or under our In- estment Savings Plan. This plan pays from 614% to 7.13% on all partial payments and carries our MONEY BACK GUAR- ANTEE of principal and savings bank interest should you, for any reason whatsoever, be un- able to complete your purchase. Denominations: $100, $500 and $1,000 Mail the attached coupon today for booklet, which gives full information. NOLOSS TO ANY INVESTOR IN 50 YEARS, Se F.H.SMITH CO. | Founded 1873 First Mortgage Investments Smith Building, Washington, D.C. Please send me your Booklet [D-24 Name. Address SERVICE The Investment Bureau contain sound, helpful information and advice about financial Why not consult it about your investments? conservative, matters. eo web te, cm Oo INVESTMENT BUREAU | Subseriters to Senor. are entitled to an- ancera to inquiries on financial queationa, and in emergencies to anawer by telegraph, charge ts made for this service. No All com- munications are treated confidentially. A two-cent postage stamp should always be inclosed. Address all inquirics to the Fi- nancial Editor, June, 627 West 43d St., New York, giving full name and exact street address. Anonymous communications will in no case be anavered. A Bettered Situation by Theodore Williams HE RECENT upward spurt in the | curities market did not prove to be a mere “flash in the pan.” It held more firmly than had been expected by most investors and speculators. Ow- ing to it, men who had refused to buy at the low prices preceding the advance, fearing further declines, now thought that they saw signs of a big move to higher levels, and were ready to place orders on any recession. Apparently the slide down hill had ended and_ the re. action bade fair to be substantially main- ned. There was a general increase of optimism and the morale of the market seemed such as to make further advances possible It was after all more psychology than of statistics, for the latter had been for weeks favorable tc rise. The railroads have been persist- ently doing well, the steel companies have managed to push along, the pur- chasing power of the farmers has been growing, labor has been having plenty of employment at liberal wages, and the oil industry has been infected. with hop from increasing consumption and stricted production. In the copper min- ing industry a readjustment of wages has begun, but it is not yet marked, and in view of the dullness of the metal market, it seems to be necessary in order to enable certain mines to run at all. Similar readjustments may be effected from time to time in other industries, but the process may not be rapid, nor the wage reductions serious enough to disturb the even course oft business. a matter of £9 II exp Her daily doesn’t. He stock market had been too pessi- mistic; it had lagged behind the steady progress of restored prosperity. It must give a better account of itself in the future or lose its reputation as a fore- teller of business conditions. It has already done so in the opinion of some magnates of business and finance. Re- ports from all over the country tend to dispel dread of severe slumps in profits. Buyers of commodities, even with the possibility of higher prices, are not meditating a strike. Production is pro- ceeding on a sufficient scale to assure those earnings which warrant corpora- tion dividends and which so largely deter- mine the values of stocks and bonds. Answers to Inquiries F., Tawra, Fa. Wireless Tel. Co. providing for dep plus sank from of the compa financi still strugeli good sized block of its stock fr smpany of Canada, I have no quotation on the stock The outlook for the stock is not bright, and at best it is a The profit in 1921 of the Marconi d EARLVILI Union Pacific, N.Y. Central and Westinghouse Electric are all sterling and desirable hould perhaps be ranked in that order Union Pacific is making the highest net yield on market price, with N. Y. Centrs cond. ‘The chances for marked appreciation a vor of Union Pacific, with N. Y. Central next, Although the Kelly Springfield Ti ng dividends on its common stock, it 0,000 of its 8 per cent. bonds at 110. d to the amount of $10,000,000 standing to be present poor condition 1 to be no doubt of thi interest. This, with th would make them were it not ahancing in value Blossom ‘The company owns three aining good values in copper, > gold and silver, but there seems so far to have amount of output. e has been con- clopment work don d, profits should haye been re ‘The company is a reorganization of a prev concern and has been in existence twenty years. development of a copper tine usually requires much tim the Miami Copper Co., incorporated to pay dividends in 1912. statements abo The stock is not for the latter's gre R, Atastic City, N. J Co. was incorporated in 1903. ming! veins of ore se with son ind 5s are at present among n government issue Poland’: c ancial condit! much you ple me? comicbooks.com