Judge — December 8, 1923 — page 27: what you’re looking at

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

on the prices of railroad securities, though it seems hardly 1 . Why Investors | | are Buy- - ing 7% * Southern Bonds lelphia Ys, due 1 pang’s Ist I tractions. per cent, up premiums. station electri ich its Company, it J} 1 power ict southwest of Phil if 8 per cent, on its pf STO ts i ariee of tlie ’ to yield 3.6 per cent, g S, Sackamesto, Cat: The dividend nayers in ihe i ics which ye ¢ Anaconda, Bethle can . . i Se ee a Oa eneral WM Way down South in the land of sn aenelaie AL Standanl Gilat Caltarnin cotton” does very well as the open- man Teves These: are. selling at low indices ye | ing words of a stirring song, but i: q mient than to take chances on the | the phrase does not paint a reliable t Em Genet Si | picture of up-to-date Southern ac- would be my preferences | tivity. Here are the values of a © IMinois Power & Light few Southern manufacturers in a in z betiaae thirty year 6 single year as reported by the census. App organi q sa reasonably safe bu fan's pureh ; . corporation serve Tuned Flour and Grist Mill Products. $457,778,000 y luding some of the in Hlinvis, Railway Cars (built and repaired x reported to be twice the tots Shipbuilding 280,000 St requirements. ‘The bonds were issued at a price Iron and Steel (Mills and Furnaces). 303,751,000 ver 6.1 per cent Lumber and Timber : _ 827,003,000 Kk. Patuapenens, Pas The Du Indies Cotton Goods and Knit Goods 1,008,092,000 iriy-year external sinking fund 5 ay Tobacco 470,736,000 be good foreign bonds. ‘They are not re Cotton Oil and Cake : 501,650,000 - jor to November 1, 19: and they are pa Fertilizers 200,721,000 : t States coin. ‘The bonds are th Foundry and Machine Shop Products 186,874,000 of the Dutch East Indies, which have Qil and Petroleum Refining 510,956,000 ices of about one-fourth that of the United Sta Slaughtering and Meat Packing.... 479,335,000 population of about 5 The government and from monopolies leave an ample marygit 000,000. ‘Theit pre “There ain't no such bird.” 4 ‘ revenues from its own ‘Proper: The South’s great manufacturing ¥ | ts debt. The bonds were offered at a price shea . industries give added stability to Gd: percent to the carlicet teuempuon . these comp being cont by the Wheeling y, ng ve cent sdturity, Steel Company Utah Laight & Traction 5s apbe Southern bonds and mortgages, right. “San Dieg +r Company 6s seem to . 4 nia max, Our: For the most part, the forty. well secured though the ce vis not yet_well| Which are owned in hundreds of , | i. adi ell ‘ty are Pee ree « or purchase with your $12,000 a year surplus: Wh in | " N.Y. Central, U.S, Rubber pfd., Railway Steel Sprin insurance companies. These com- je and that. is White Motors, W nghouse Electric and Publie Service ably: true of te bonds of, Cuil lela Cities Corporation of New Jersey stocks panies have a definite rule for fo the unsetthad conditions. in France, ‘The jf 7 \vitt tuts The bond company you name spevinl-| investing— The best income return thal izes in municipal bonds of mo no doubt are reliable, but all such i fully looked into before being be of Haiti is have a fairly pretty well secured, but nl standing, Czecho- tbe ajhuuld be cates | can be had with safely.” uae eae anette Conmpldaled 74 a bonds proved defective and of little value. It . | California Edison 5}4s ure an excellent investment. ‘The Toul be well to consult your banker before purchasing | A Typical Southern In- ] pper stocks in your be attractive at present 3 Ant “New Yous, December 1, iT'it were certain, that their dividends wu J vestment Offering 7% uintained. ‘The depression in the copper industry . creates doubt on that pc Standard Oil of California Free Booklets for Investors and Safety and Pacific Oil have been aifected by the adverse condi- - | tions in the oil Ty, but doubtless, in the eourwe of ‘The prosperity of the South, giving great stability of | Miller First Mortgage Bonds, which have b } time, they will recover from its effects: Armour & Co, vitlue to property in that sect led to the purchase | advertised in this magazine for is a sound taue and American ‘Tel, & Tel, one of — by leading insurance companies of hundreds of millions | which are owned by hundreds of Judge re: ic best stocks in the market. American Smelling. & nd mortgages. Among ies of | ers, are the product of our experience as the Refining is well thought of, and you might hold it cific Miller bonds, which have an excellent | oldest and largest investment house specializ- They are b and have a wide repul yield, ‘These bond 30 East Forty-sec s & Electric in American Ss and Amer Indus, Company 7 t Norther based on income- thern cities. The ng as much as 7% Lon income-producing structures | ing in this type of securit tion for well as generous rning structures in re distributed by G. L. Miller & Co.) fact that these bonds, pa; » New York, who have issued | interest (the prevailing { ate in the South | Sapir Compati an informin the South Offers Investment | have an unbroken record of safety is an indics as a eee should Opportunitie will be mailed to any | tion of the care with which they are sa rv, Is remain good Whit- applicant describing a first mort-| guarded, as well as of the soundness of Sout s ilessner Co. 68 and Lat Belle fron Works 6s appear bond ern conditions. nd Jos. B w York SI | in brief form in a circular we have prepared. of ] _ a _ called, “Why the South Offers Investment of j Opportunities.” We will diy place this on | | of their val pamphlet, without obligation, in the hands YOUR MONEY f y read of any investor. Mail th coupon tod: | Keep it wisely invested, later it will keep Honil belo f oeecaraltg the Colugr | oe ee oe oe eau emice Jt convenlent you. Thousands of bond holders of a large bia Mort Lo. Forty-third street, New York. | Industrial Banking Institution have for us gio wnt th | ~~ LL.MILCER & G. the past 9 years received 10% yearly on advanta heir investments. Write for circular SB. gage guld bonds, which this company ae a e IELIARE HL HERBST Mente tine abies ase Seuned iesanne af thebect am. | 123 Carbide and Carbon Building rd real est i in the country's fastest growing city They ean be be 20 Broad St., N. Y. Estab. 1898 ] ‘ ht on the partial pasmient plan.) Full! 3O East 42nd Street, New York | | Rained by asking for 125-210, vam Philadelphia St. Louis Pittsburgh __ Buffalo 1 the nation’s eapital shows a ¥ e that is attracting many investors. ‘The FH “ , . Smith Co,, Smith Bldg., Washington, . has for nany | First The Investor’s Welfare years been dealing in first mortgage investments based Productive properties in that cit net and their tax-free featur ns of 8100, & putright for ea: his plan pays 64 to payments, and th the buye Atlanta Memphis Knoxville IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Review, a ten tainute weekly summary of the business and } financial situation. It focuses and currents of to-day ond indicates thei Sent to business men for three mont! | charge. hese investmen s increased to 7.1] CG ster & y 1 ‘The investments are | [Voy Carine uilding ind $1,000, and may be | 1 30 East 42 He Wh not he | I | | | ! i] zi ith Co. f an Bond & Mortg: k, the widely ki Name vielding prc ties of a high el d that net liberal re The company's record is long and honorable. Its booklet ains full information, ane may be hast by asking fr Address J. S. BACHE & CO. 42 Broadway New York City | e | blanks need i} | I | ! | City and State