Judge — December 8, 1923 — page 26: what you’re looking at

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

the best financial Advice! Common Sense HERE is only one definite, simple, investment rule—use Common Sense. All other rules are founded on this one elemental piece of advice. The investor who uses plain common sense is certain to secure investments that are sound, substantial and trouble-proof. How to Select Safe Bonds Following the rule of “‘Common Sense” we have written a clear definite invest- ment book, “How to Select Safe Bonds.” This book tells how you may judge the merits of any investment—how you may select the investment best suited to your needs—how you can protect your princi- pal against loss or mismanagement. It gives in condensed form the investment experience of over 38 years—during which time no customer has ever lost a penny of either principal or interest on any Forman investment. This book is now free to every investor. Mail this request blank for your copy. GEORGE M. FORMAN & COMPANY’ 105 W. MONROE ST. CHICAGO 36 Years Without Loss to a Customer George M. Forman & Co. 105 W. Monroe St. Dept.412s Chicago. IL Please mail me, without cost or obligation, a copy of your booklet," How to Select Safe Bonds”. Name. Address...... ‘PARTIAL PAYMENTS The Best Way to Buy 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 believe in Santa Claus!" | INVESTMENT BUREAU entitled to ane 0 anawer by telerarh, treated I inquiries te 627 West name and will in no case be anncered. Profits Holding Well by Theodore Williams F OWING to high wages and high cost I of materials percentages of profit generally have les yet many corporations, whose sl © listed on the exchanges, are reporting enhance total net earnings and some have incre ing, instead of reducing or passing, their dividends. These facts are not indicative of coming depression. The do not disclose any menace to prosperity. On the contrary, they are proof positive that the country’s business as a whole is in excellent shape, and that the condi- tions assure a prosperous future for all stablished and well-managed enter- Doubt and distrust of the situ- ation are expressed mainly by the lesser lights of the financial world. The leaders in industry, commerce and finance are, for the most part, not merely hopeful, but confident. This great) weight of con- |structive sentiment has a tangible and | verifiable basis. T= EADING railroads are making money and during this year will out a total of $1,000,000,000 for equip- met Building operations are not ned, eS New York | slackening as they would if there were no. } gain in them for the builders. ‘The auto- mobile manufacturers manage to pile up reserves, and the steel companies are not lowering returns to their stockholders. |Chain stores and department stores are having larger incomes than ever before. In all branches of business there are “weak si * but in the majority of instances there is sufficient activity to enable continuance of dividends and additions to surplus. Failures are not more numerous than should be expected. All in all, American enterp: getting a fair reward and can ely continue to operate. ‘This means that the securi | of the best class of corporations will not | pass into the non-dividend paying class. 4 4 “Say, pop, you'd better give me most of the stuff, *cause the rest don’t These companies will be able to maintain present rates or to increase them, and the prices of their securities must eventually reach higher levels. Answers to Inquiries T., Berra, N. Yur The 6 per cent, external sinking fun of the Republic of Finland must among first-rate foreign bonds. ‘The bends a ayable in United Stat in 1945 and non-redeemable except for fand. They are gation of the Repul and the loan will be 1 for productive capital expend e only country except Great Britain ais commenced payment te the United States Government of indebtedness incurred during the wat Finland's credit has always been good. The offering ese bonds was such as to yield 6.89 per cent RILAND, Wasi: ‘The Southern California “s new ref. mort tis, due in 1943, clory investment The 1 It serves ten large coun: with a population he combined d by the govern Finland ist n-year 7 per cent. sink ing fund col Public Serv Company of Cole company has merged, the Compan the Western both going organizations other important enne, in BY mpany It serves Denver and several sumunities in Ce with a he debentui : rings after interest on out at eleven times debe were issued to pay tor properties market at a price to yield 714 rranvnan, N folldwed the example h case overprodu the product spe shal per cent ie copper industry hus ression set by the oil industry and consequent low price of market. Only. when « measurably on production will the prices of oil and copper stocks recover. ‘ C., Hyntroxp, Coxs.: Agitation for a reduction of railroad freight rates would doubtless have a bad effect ROLLO REASONS THAT Santa Claus Not like this should look lixe this and— if the chimney story is true. comicbooks.com ¢ +)