Judge — January 5, 1924 — page 29: what you’re looking at

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

bonds for you. The company serves 386 communities since October 81 with a total ind average prices are disti ioned The dividends « Northern ulation of over 1,100,000, located in than ‘ a ‘ A Minnesota, Wisconsin, Illinois, the ‘Dakot q nd Great Northern stocks will probably be main ‘ ee oc anita Stein te te In 1924 We Are Going their disbursements to stockholders. bonds were issued at a price to yield about 6.2 percent. 'S., Battimoxe, Mo.: The Virginian Railway. ( to Get Ahead! W., Surznior, W1s.: ropolitan 5 to 50 Cent first’ mortgage, fifty 5 per cent. bonds, seri has never been a real success. It has paid no were lately offered eld 536 per cent. dividends on common stock and no cash dividends on pfd. bonds are redes are secured by fi stock since January, 1921. At present the outlook for age on railroad tracks, by collateral, and by real the company is not bright. ‘The Rauch-Lang Company Proceeds of their sale will be used for additions is not very prosperous and the shares look unattractive. ments, mpany is paying 6 per cent I know of no market for t American Telephone and red stock and recently declared an initial ‘Telegraph stock is one of the best in the market, paying idend on its common stock at the rate of $4 yearly nt. The company is very strong and its pros- Net earnings are times interest, requirements. | increasing. ‘The Wisconsin Telephone Company ‘The bonds are a high grade investment for one with a 1s a subsidiary of the American Telephone and Telegraph — surplus of 85,000. Company and its report of earnings is so good that you Terre Haute and can safely purchase more of the 7 per cent. pfd. stock. ry of the Chicago, | cacao, Tu industry has begun to show J “We are going to follow a very simple Your javestments in hicago, T. He & plan of accumulating money. Every dollar hould turn out well. due in 196 we save is going into safe investments pay- 5 ler return on market sy ing a good rate of interest. There is no 4 not seem advisable to draw car pte surer way in the world to make money your $3,000 from the savings bank and to invest it all 4 times interest char multiply than by investing it and rein- hich is somewhat speculative. price to yield about 63% per cent Vesting tlie tatesestea tant tn itis coccinea o that issue, but it is always estment. . Money doubles itself in nine or ten years ng stocks whi ridnake The Oklahoma Gas and in that way.” e Union Electric Co,’s first and ref. mort ries B, due in Steel common, Sin- 1941, look like @ reasonably safe issuc., ‘The company | H] «Miller Fitst Mortgage Bonds are excellent terworks and Electric Ist pf. serves cities and towns in Oklahoma, with a population rate of interest, up to 7)4%, makes money Her first-class first mortgage 7 per of over $00,000. Net earnings for the past fiscal year | I] Eeamutate fasts” techade these bore ce were twice the interest charges. At the offering price, your 1924 plans for fortune-building. They It Hotel bonds appear — yielding over 6.7 per cent., the bonds are attractive. | ]] Some in denominations of $100, $505, $1,000 to be an excellent They are based on value *"p, Pex Vase N. Yt” It would be prudent te 1A Seton cas aero cee ru peree Shi00d able property in rable part of New York City. your investments a fair amount of the Roches! | ]| Plan: You can buy these bonds om their H,, Wrsanrsxits, N.Y.: The New York Mortgage Co. al mortgage twenly-five-ye: recotd—tiever’ a dollars Ieee ee cae ine has been in existence a year or more, | Some goorl men commercial elec: | |! Vector. ‘Mail the coupon cade’ fay gia appear in its list of The company claims to tire gas business | booklet, “The Ideal Investment.” have be ing divi¢ Hts plan of business is join unit S c nd sound. stock may be classed as a earnings for we shown a larg’ over inte G L M il a good business man’s = ed debt. ‘The bonds were offered at a price to | ~L. Miller | B., Bay Crry rt cent. stock div ut 5.85 per cent. | dend will of Ad largely amount of iNoPIELD, Inu: You are correct i wr onion | BOND & MORTGAGE Motor shares i Naturally this will cause that the 6 per cent, frst lien and cons. morlgage bonds of Cc m: n Price per sh line, unless it should be the United Light & Railways Co. are'in the good invest: | Oo pa y shown that the rate of dividend would not be ment class. ‘The company serves a population of over sioias ca See rey hold the stock on a 1 600,000 in your State and Iowa, and its net income is | || Florida’s Oldest Firet Mortgage Bond House at the highest point it may reach and buy reported as 2, 3 times fixed charges. The bonds are non. | ]|_201 Miller Building Miami, Florida back later if you wish to do so. lable for twenty-five years and are secured by & lien on a ] W,, Lovisvite, Ky.: None of the oil shares quoted properties, by pledge of securities of subsidi- | |] G. L. MILLER BOND & in the clipping you send me is “a good investment.” All ind by an equal face amount of the company’s MORTGAGE COMPANY | c lative to be called that. | Most of them are and ref. mort "At recent price the yield was 201 Miller Building, Miami, Fla. .. It would be better to buy div o z : | g stocks like Sinclair, common and pre! P., Oxroro, Pa: The Willys Corporation is bankrupt ith circular de | American and Pure Oil, even though the pric ter_payment of creditors will be very Mortgage Bond’ issue | than those of the shares you inquire abot res will not be of much value. They are | ; J., Port Loaca, Tex.: First. mortgage real es I see no prospect of their advancing | bonds dealt in by the G. L. Miller Bond & Mortgage C s been talk of reorganizing the cor- | |] Name are entitled to favorable ¢ ideration. The concern ut if that is done, I presume there will be an gest and oldest mortgage bond house in Florida n the stock. Address, y years without Coxway, N. H.: Bethlehem Steel . . : ljomer. Pre Pancoast Hotel in stock does not sell so high a City and State. well secured : Brooxtys, = — : ent. bonds b sth steadily. be the preferred the company was ina bad way, but the stock has largely , having « f stock, 7 or 8 per cent yield on market price of com- We,comhnns Sy then took places ed from th preferred is a safe turn as the common. ‘The Goldwyn Company has not heen prospering, or there would not been such a decline in its shares. It reported a deficit last year and recent reports are not fa New Yous, December mended for vy — mon is higher than that of pre ge Co., of New York poration continue to prosper, the common should some y sell higher. Famous Players-Lasky, both comme ions, in- and preferred, is a good n’s investment, upward — things now look. A short time ago there were reports that erred and should the cor- r purchase and it mi W., New York Crrv: In spite of fluctua dustrial and railroad stocks have been tendir Free Booklets for Investors The Columbia Mort, street, New York Ci nterest to im : 1 t r y ny, 4 East Forty-third las issued thi booklets Verdict of Thirty Bankers, A Mort rk” and 923-24 Income Fax Tab Any or all of these may be obtained yy applying to the company for them. “How to Build an Indep of a booklet issued by the F. H. in first mortgage investments, Smith Building,” Wash- ington, D. C. The booklet ‘tells how $10 a month vested under the com up by compound interest the Smith Compan; m & C For full particulars send to Booklet place, New York, f investment service, Inrestment Opportunities, efully chosen, safe and at the without charge for thr horitative Bache Review, which gives week] of the business and financial situation, by applying to J. S. Bache & Co. of New York Stock Exchange, 42 Broadwa of the cardinal rules of investment is to diversify hen investments are diversified a de- Pression in one in another. 1 of an or Such a 01 subsidiaris months copi cing and marketing light and power, i er and petroleum products. interests have enabled the com- pany to stabilize its securities and build up a buge of assets. Cities preferred stock is recom- mended for safety and marketability by Henry L. Doherty & Co., 60 Wall street, New York. The stock is now over 8 per cent. Full details are obtainable ig to Doherty & Co., Securities Department, erred stock circular and a copy of “Serving n illustrated 48-page booklet which reviews 1 growth of the Cities Service Company. ind artificial First Girl—Do you think he’s newly married? . Second Girl—Either that or he’s done something. —Town Topics (London). comicbooks.com