Judge — February 16, 1924 — page 30: what you’re looking at

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

She—There’s Guy, walking home again. He—Serves him right, why doesn't he kiss the girl? as all inguirica to the Fi West {3d St, giring full name and exact Anonymous communications Passtnc CLoups by Theodore Williams r ie couRsE of stock market prices never did run smooth and never will. Quotations always have been Those who want to avoid the excitements of price fluctuations should invest. in such staid and unlisted securities as first mort- and always will be chang gage real estate bonds, which never show variableness. But many persons. prefer an open market, where differences of arding the values of stocks and bonds necessarily arise and manifest themselves in bullish or bearish bids or opinion IF INTERESTED IN BUSINESS AND FINANCE, keep informed by reading the Bache Ri ten minute weekly summary of the bi financial situation. It focu nd interprets currents of to-day and indicates their trend. Sent to business men for three months, without cha J. S. BACHE & CO. 42 Broadway New York City offers. On the holders of meritorious issues bought for keeps the ups and downs daily recorded have but a passing—or at least not a disturbing—effect so long as dividend or interest is assured. Recent movements of the scale may trouble the speculator, but the well-advised investor need not be anxious—as yet. Ouly if there comes a shock which will cut off his income will he have a pretext for worry. V Jivn various problems in the world causing unsettlement still to be solved, business in general slowly moves forward, and is not preparing to retreat. It refuses to be daunted by the doubters and the chartmakers. Those who faney that in this vast and resourceful country the business activities of to-day are only a flash in the pan, and are not on the way to expand, are simply — shortsighted. Spottiness there is here and there, but readjustments are being made that will gradually correct this defect. So do they fail to see far ahead who take an unhopeful view of the securities situation. There is no sign of a runaway in either business or financial markets. The trend in both is quiet and non-speculative, but ive nevertheless. hes over the details of tax reduction, attempts to inflict a bonus on the country, possible complications in Mexico, scandals in high places, and other happenings between now and Election Day, may give rise to hesitation in enterprise and investment. But with the Presidential contest decided the country should proceed to demonstrate effectively full confidence in its own future. Answers to Inquiries Curcaco, Tut: ‘The future of the reorganized Elgin Co. is necessarily problematic, —T no ver tainty that the new venture will have any er success than the old. 5 & Electri Ce ef. . due in 1943, should be a prud t the offering price whi yielded over 6.05 per cent company’ is doing an sive and profitable business. The net earnings are than twice in e ements. New York: “ y ppany’s 8 per cent cuniulative preferred stock deserves a fair rating. 1 company is one of the olilest and foremost publishing h ‘sin New York and its net earnings for many ye m to assure maintenance of dividends on the stock latter was issued at par, investment. a5 mat and interest by the C. B. & Q. Rail ‘o., the Pittsburgh, There is no security sa age real estate bond. Light & Power Co.'s preferred is but not of the highest grade. ‘The Miller bonds d meet your requirements in every respect of marketability. They ot listed on the nd not specula re good to hold until maturity. Inusea, N.Y: The 7 per cent. cumulative pre 1 stock of the West Penn Co. appears to be a sound tient. ‘The company operates in a Pittsburgh, Pa. E, idend. A new issue cently made at a price to yield 7.73 per cent. M., Synycuse, NOY: “The hich repute in which the of the New York Central Railroad Company are is shown h fact that the issue of over of at par. The 7 per even on the enlarged eferred was Armour & Co.'s nancial condi- in 1923 paid off about edness to banks. The outlook to be bright. A he holders of Reading Railroad general mortg: Ihe advantaged by the pro- posed excha ities. The old bonds bear 4 per cent. interest and the holders will receive two- thirds of the cent. bonds and one-third phia & Reading Coal . 5s. Bi fully able to F common stock is very fair specu earnings of the ra d for 1923 are 80 Owing to this great increase ine prospects, payment of dividend ‘on common before long is anticipa W., Pumavecenta, Pa.: The position improved considerably in 1 e de about $500,000 compared with more than 88,000,000 comicbooks.com