Judge — February 9, 1924 — page 26: what you’re looking at

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

MN Z WAP er. “He Didn't Sell Me Any Worthless Stock— “Because I know how to tell a good investment from a bad one”’ It seemed as though nearly everybod: town had bought some of the Haw Motor Company stock. Old Mrs. Hawkins bought some with the money she had been saving up to pay off the mortgage on her house. The young men who were selling it to their friends and acquaintances were so convincing, so sure it was a good thing. They were full of enthusiasm and very per- sistent. It was hard to get away from them without buying a few shares, and some people in town invested thousands of dollars. Then, a little notice appeared in the news- paper saying that the Hawaiian Motor Company had gone into bankruptcy. It was estimated that it would pay its debts 10 cents on the dollar. “Well, that salesman didn’t sell me any stock,” remarked Tom Hughes to a friend. “I didn’t have any more experience or wis- | dom than those people who got ‘stung,’ but | I have a set of rules by which I invest my teorcent postage stomp, should ala money safely. Every time I am asked to | tunel Rdlon depan, (98 Wea $30 buy a security I apply a few simple tests, all | New York, giving full name and ezact street based on common sense. If the proposition addre: Anonymous communications will doesn’t answer those tests, I turn it down. in no case be annvere “Why should anybody take a chance of losing his money when it is dead easy to get a safe investment paying a good rate of interest?” INVESTMENT BUREAU | Subscribers to Ivnax. are entitled to an- avers to inquirica on financial questions, and in emergencies to anawer by telegraph. No charge ts made for this service. All com- munications are treated confidentially. A two-cent postage stamp should always be | | | MAINTAINING BusINEss 1D c th Prorits lon’t Guess—I Invest’’ pane heodore W F Have you ever been confused and uncer- by: Theodore: Walliams tain when urged to buy securities that | BSERVERS inclined to take dark promised you a big profiti Have you ever views of the business situation wished there was some way of answering have stressed the assertion that i the eloquent arguments of the enthusiastic have stressed (he:aseeruon: thar 1 salesman—some simple but sure way of |numbers of establishments increasing really finding out whether his proposition | costs of production—that is, of labor and was a good one or not? lvaterials— have been eutti ; its There ts a way of finding out, in advance, before | material : have bee ne utting down profits you have invested a penny. All you bave to do is | and imperiling dividends. Fear has been to apply a few common-sense rules. These rules | ood that this adverse conditi ~ form the basis of all sound investing. Thousands | expressed that this adverse condition may of people all over the country are to-day satisfied i ified i > S i - of ope all over the country are to-day satisfied |e intensified in the cases of certain cor to 7% interest, becaure these people have epplied | porations, and may spre: ead to many others. these tests and discovered that Miller Bonds meet 1 them fully. If you have or expect to have money ing of returns on capital in- to invest and want to guard against loss, mail the | y a 5 fo invest and want to guard against tons, mai! the | vested could not proceed far without seri Guess, I Invest.” It tells how one man figured |ous discouragement to enterprise, and out for himself the rules of safe investing. $100 Bonds; $500 Bonds: $1,000 Bonds [danger of the breakdown of prosperity. 1 ta tw 1 jIt is, therefore, essential that adequate viel de Up to 1%, y profits—not to the degree of profiteering Partial payment accounts invited e assured to every legitimate under. taking. G.L.MIcCER & G. Most drawbacks can be overcome by 103 CARBIDE & CARBON BUILDING gumption, and insta: of that abound in t4znd St, Rew York this connection. With the fall of operat- Philadelphia wae anes ey taburgh k aan Atlanta Memphi: Knoxville ing revenues, managerial intelligence has “First—the Investor's Welfare” _| set itself to improving methods and prac- MAIL THIS COUPON TODAY |ticing economies, so as, in part or whole, |to make up for lost income. This may | not be feasible in all fields, but doubtless |it is in more than some managers have |supposed, for frequently we hear the helps us to gi | charge that incompetent management has Name.. | enhanced the expense of production. The Address | expedients referred to are negative, but [aes | | they are always desirable even when posi- — itive profits are ample. Supplementing 2 Buffalo G.L. eae Some Inc. a: Polite Skater—Shall we sit this out, Miss Arthur?—Passing Show. their effects we learn that labor, here and there, has increased its efficiency, and that the prices of a few raw materials are being shaded. ‘These are facts of prime impor- tance to investors and speculators, be- cause the values of securities are based pri- marily on dividends paid by corporations, and dividends depend on’ net earnings. Winter there is no sign of a slumping mood in the market, the averag: prices of stocks have not as yet shown a great net advance over the low figures of last fall. ‘The showing might have been less favorable but for the caution and skill with which the better class corporations are conducted. Present conditions sup- port a somewhat conservative forecast for the next few months. The course of prices may be variable, with, however, a slow net trend upward. If a real bull market is to come, it is taking its time. Nevertheless, the far-seeing will continue to make prudent purchases now for the long pull. Be Financiall Independent y~ This Free Booklet tells how Seven Million men and women are safe- guarding their futures. It shows how small monthly savings of $5, $100r$25 growto$1000, $2000 or $5000 in just a few years when put to work at compound terest inthe US. NATIONAL. Building and Loan Association. Investigate this plan of earning b} saving that has been in rupervision fa 0} ration. for’ a super Phitadetpnia real estate 1s security sted Monthly for 132 Mos. Grows to § 1008 Monthly for 132 Mi ws to $ 2 315 Invested Monthly for isi Mos: Grows $9 $ dase $50 lavested Monthly for 132 Mos. Grows to $10000 U-S-NATIONAL juilding and Loan Association ge 417-L Liberty Bldg., Philadelphia, Pa. di Canad Compa The co 7 per. George the au ssued & Nor alized as be asserte that a id te was wr is payin This is clair C. held lat Ni pany's leserve ber of « situate and in trolled are wel Farning bonds 1 7 per « lately a incorpo ment s The Buildin, publishe wish to the higt the com book, wl tigation mailed | A sto that the been pu pee discover caped th was a which cl many and may —on pa will mai named, suited te comicbooks.com