Judge — January 26, 1924 — page 30: what you’re looking at

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

$1430 aYear ftom Savings of $10 a Month :. e 9 e intheNations Capital TART asa young man or woman to invest $10a month at 64% or 7%, reinvest the in- come regularly at the same tate, and between the vigorous age of 25 and the retirement age of 65 you will have accumulated more than $22,000, At 614% this will pay you an income of $1,430 a year without your investing another dollar. To create this income of $1,430 a year you will need to save only $4,800. Compound interest will make up the difference between $4,800 and $22,060.64---nearly four times as much interest as principal. Mail the coupon below for our free booklet tell- ing about the safe and simple plan which makes possible this surprising accumlation on First Mortgage Investments in the Nation’s Capital. NO LOSS TO ANY INVESTOR IN 31 YEARS WaeEH.Smith Co; Founded 1873 SMITH BUILDING + + WASHINGTON, D. C. Please send me your Booklet No. 24, NAMB —eemnenee ADDRESS ~sereepe = IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Review, a ten minute weekly summary of the business and financial situation. It focu and interprets currents of to-day and indi es their trend. Sent to business men for three months, without charge. J. S. BACHE & CO. 42 Broadway New York City SERVICE The Investment Bureau contains sound, conservative, helpful information and advice about financial matters. Why not consult it about your investments? YOU CAN BUY Good Securities in Small or Large Lots Partial Payments Ask for Booklet L-7 which explains our plan and terms James M. Leopold & Co. Members New York Stock Exchange 7 Wall Street New York Established 1884 INVESTMENT BUREAU Subscritera to Jvvce ore entitled to an- aera to inquirica on financial queationa, and in emergencies to anawer by telegraph. No charge is made for this sercice. All com munications are treated confidentially. A two-cent postage stamp should always ineloacd. "Address all inquiries to the nancial Editor, Junge, 627 West 43d St., New York, giving full name and ezact street address, Anonymous communications will in no case be anawercd. Optimism Winning Out by Theodore Williams O LY IN the closing months of 1923 did optimism succeed in getting the upper hand of the pessimism which had so widely prevailed regarding the progress of business. But apparently the victory of optimism is soon to complete. There has been a_ great strengthening of hopeful sentiment thus far in the new year. For this there are sound reasons. Instead of an impending decided slump in industry and trade, there are signs in every quarter that busine likely to hold its own and even to improve steadily. Moreover, rarely, if ever, has a Presidential year opened with less dread of the effect of political conditions on the economic out- look. Public opinion is making itself strongly felt in favor of tax reduction and jagainst any legislation conflicting with |it. That is creating general confidence | and stabilizing the situation. Te sEcuriTIEs market has been acting as if its better tone has come to stay. While the road is not free from ruts, the |car of improvement seems to defy ditch- ing. It bids fair to roll on indefinitely, though for some time at least not at top speed. Its momentum may increase during the coming months. Indications are growing bright for higher pri in \oils, which have been so seriously de- pressed, and the coppers and steels have “I must say long hair does give a man an intelligent look.” “Well, my wife found a long hair on my coat the other night, and I looked a perfect fool!”—London Opinion. been showing renewed firmness. The prospect for the railroads seems more assuring than it was in 1923, when traffic was very brisk, and this must give the rails a rising tendency. Public utilities will not fall behind last year’s records and these issu should prove attractive. The motor stocks are being bolstered by ises of large and profitable produc- The fertilizer, the leather and the shipping companies are not flourishing and their shares will probably lag for the larger part of the year. The majority of securities of merit, however, in all lines should prove worth-while purchases, bound to appreciate more or less between this date and January, 1925. & Answers to Inquiries F., Lancaster, Pa.: I regret that you have your money on German bonds and marks. T of the dif i companies were re s which the holders had paid of gold. This was perhaps place, it was an act of atrocious bad faith. you know the rk has become pri ly worthless. Depreciation in the market value of a bond is not a ground for putting in a ¢ B, Lenaxon, Pa.: 1 tions and It is not be In buying first mortga reference usually is for the long because these postpone the need of 1 meni. A certain amount of the bonds is redeemed ever year, so that those of distant maturity have their margin of safety continually increased. Mussouts, Mont. Mining Co. Ltd. and no mention is books, it looks as if B., Sovrn Beso, Lxp. k ubout has any standing. ‘The comp: ists of corporation: mentioned in the regi appears to be no market for the sh: stor shuns all such organizations well-known and successful oil comp: Golden Consolidated h k at one cent. plan hay been tors. But in buyii a reliable broker. ‘on margin is legitimate enough, f credit. But the margin should be ample and the bu: comicbooks.com 102i