Judge — February 9, 1924 — page 27: what you’re looking at

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

Answers to Inquiries K., Burtanoron, Ia.: It would be advantageous to the purchase of securities with your 85,000, an Pacific stock has high merit, but Union Pacific, paying the same dividend and quoted considerably lower, appears just as good for an American investor. Other cellent issues are American Water Works and Electric 7 per cent. preferred. Studebaker common, Bethlehem Steel common and preferred, General Motors 7 per cent. debs, Cities Service 6 per cent. preferred, and first mort- gage real estate bonds. These bonds pay Or 7 per cent. and have a high degree of safety W., Grand Rarims, Micit: Advices regarding the Cumberland Mines Co, are rather meager and not recent. | ny does not appear to be a shining success, although it has shipped some ore. ‘There is nothin dat hand to make the stock attractive, Shares sful dividend paying companies are far more ort, Mrcut a high rating bonds of the Detroit Edison a good investment. George M. re sound issues and my was recently ining sale rmor Plate ble Gl: The concern is capi- 00,000, and it ix said $300,000 of the stock has been sold, The State Attorney General's office serted that the corporation had informed stockholders that a profit of 50 per cent. on their stock would soon be hough there had been no produ and crefore no profit. It is alleged the corporation's letter nas written for the purpose of inducing the stockholders | to buy more shares. T regret that you were attracted into his project, st which the Bureau often warned its rs0Nts, Pa. The Selznick Corpor ently never paid dividends, Its chief subsidiary, the Selz~ Picture Corpor jometime ago was thrown into and plans were de for reorganizing the Sclmnick enterprises, but what was done in the matter has not been made know Braun, Mrys.: The Standard Oil Co, of Ini ing only arly on market price of about 86: This is a ve The company i strong and emand for the hares (par 825) has nt fighre. clair Consolidated Oil preferred, held lately at 86 to 90, is a more profitable purchase, N., Civctsatt, Kentucky Utilities pany's first mortg: deserve a very ber of commun situated in on apps publ them up to pre Sin- ° compa Virginia and Tennessee Blue Grass region | and in rich ¢ The ¢ y is con- the Middle West Uiilities Co. The bonds are well secured by properties and pledge of secu Earnings are reported ample to meet fixe bonds were issued at a price to yield over 63. per cent. R., Campes, N. Ju: ‘The National Department Sto 7 per cent. cumulative first preferred stock was sellin lately at a price to yield 7.4 per cent. The concern incorporated in 1922 to acquire ten money-making depart ment stores located in Philadelphia, urgh, Cleve- land, St. Louis, Wheeling and Detroit. ‘The prospects of the enterprise are reported to be bright. ‘The preferred stock looks like a reasonably safe buy. ew York City: The Trustees System Serv- n reports that it has been in business for ten ing money to small borrowers. 1 have been moderately successful. Its stock | the bonds of the s y same line of busi- ding 9 per cent. and seem preferable. onk, February 2% 1924. € Corpor Free Booklets for Investors The Columbia Mortgage Co., Columbia Mortgage Co. Building, 4 t Forty-third street, New York C has | published an interesting book designed for persons’ who wish to mal s making a liberal return with the highest de s book will be sent by the company to stor together with book. which contains the results of a nation-wide in: ration of first mortgage re bonds. Both these tion to the company | .” and “The Verdict of 30 | se books should be useful to both sma investors. 3 men Backe Review for ree copies of the widely known months without charge on appli- mbers of the New York | New York. | title of at ogether with ment Suggestions. afe Bonds for Investments,” a booklet issued by tuart & Co., 14 Wall street, New York, will be mailed by this bond house to any address. A story designed to en ten and guide investors so to buying worthless issues has iller & Co., 103 Carbide and st Forty-second street, been publishes Carbon building, 30 E City. It bears the significant title Tien” Rake lot oe oat discovered for himself the rules of safe’ investment, es caped the pitfalls of loss and built up a competence. | He wus a purchaser of first mortgage real estate bonds, in which class of securities Miller & Co. have specialized for many years. Miller Bonds pay as high as 7 per cent and may be had in denominations of 8100, 8500 and 81,000 —on partial payments if that be desired. The company will mail to any interested person a copy of the story named, together with an investinent recommendation | suited to the patron's needs. The Oldest Mortgage Investment House in the South tells You how to Invest to get maximum Safety and Highest Income No Loss in 58 Years FoR over half a century the name Adair has been recognized as the highest authority upon Southern Real Estate conditions and values. For 58 years an ever-increasing list of customers have placed their en- tire confidence in the ability of this house to select for their funds first mortgage real estate investments which combined absolute safety with high income. And not a single customer has ever lost a dollar. Adair Protected Bonds, secured only upon the highest type of in- come-producing properties in South- ern cities, are created and safe- guarded by the Oldest Mortgage Investment House in the South. Issued in denominations of $1,000, $500 and $100. May be purchased outright or by our Monthly Invest- ment Plan. Write today for “How to Judge Southern Mortgage Bonds,” a booklet which contains the net of our knowledge gained through 58 years experience in this field. ADAIR “REALTY & TRUST CO. Established 1865 900 Healey Building, ATLANTA Gentlemen: Please send me, without obliga- tion your booklet “How to'Tudge Southern Mortgage Bonds.”” Today the Souta, moving rapidly to the front as a mighty industrial and agricultural section, needs cap- ital for the up-building of her prosperous and growing cities. Today you can secure a high re- turn, plus maximum safety, by in- vesting in the best type of Southern Real Estate Bonds, yielding up to 71%. i Name. IY ap ARATR FROTECTED St Mortgage BONDS. on Real Citate Address YOU CAN BUY Good Securities in Small or Large Lots Partial Payments Atk 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 1854 END today for our free illus- trated booklet which tells you: How both large and small in- vestors can profit by using our Investment Savings Plan for buying $100, $500, $1,000 and $5,000 First Mortgage Bonds; How $10 a month becomes $22,000 in the Nation's Capital; How to invest monthly savings of $10 or more to earn First Mortgage Bond interest-62% and 7%; How men and women of mod- erate means can quickly get into the coupon-clipping class of bond investors. Fill out and mail the coupon below. It will bring you this interesting booklet and description of our current offerings, with- out placing you under any — IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Review, « ten minute weekly eummry of the business and financial situation. It focuses and interprete currents of to-day and indicates their trend. Sent to business men for three months, without J. S. BACHE & CO. 42 Broadway New York City No loss to any investor i AcEH. Senith Co, Founded 1873 WASHINGTON, D. C. ars eS ona $50 aWeek ‘Salary HE story of Brown and the plan he fol- lowed is explained in our FREE Folder M-223 t i CTARENCE HODSON & CO.,tnc. } ' SMITH BUILDING Please send me your Booklet No. 24.M Established 1893 NAME 135 135 Broadway New York ADDRESS SERVICE, 2226's Investment Bureau is the continuation of a department that has been in existe years, and which, by thelr own statements, has acceptably served thousands of readers. ‘The Bureau established in order to protect subscribers against fraudulent or risky ventures and to point out safe paths In tnvestment. ‘The Bureau takes the long view of the securities outlook and does not attempt to forecast day by day developments or to advise as to quick returns. Its attitude 1s at all times conservative. It aims to guide the investor. to sound com- | mitments and to safeguard him against undesirable promotions and danger of loss. Bureau stresses the point that fluctuations in prices are Inevitable in any stock market, but that these are of less concern to the well-advised investor than the merit and the safety of the issues he may be interested in. ‘e for many 25 comicbooks.com