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

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

non. The earnings in 1923 were only about 20 per share. The outlook for the re: on common is therefore pretty poor. Oil € ck which the Middle State oe a tte Sat are “What a whale of a difference the cir . tain whether M Sta has done e ” neers pe just a few cents make! ation controls several subsidiaries but the v wks is to a large extent nor al saint Pact, Miss. Armour Leather Company is sperous, It is paying no dividends and neither mmon nor the preferred stock is a good purchase M.. Pritapecrnta, Pa. In holding back the balance aber the brokerage firm is not doing sit has: claim against you. « Reorganization of the ¢ ago & n Ilinois Railroad greatly diminished its capi- | tien len and it is naturally making a better show nings per share. But dividends on the preferred, zat less than half par not likely “within. six sora year.” A more desirable purchase would be ad or industrial stock paying dividends. L.. Warrarows, N. Y.r Both Southern Pacific & Ohio are a the prosperous rail their stocks ably safe purch H., Chsetanp, Ons Ac to the president litan 5°50 € Inc. appear ine effort ion. i wed it may in time re payment of nds Mo Piorrevinie, Wis Improving business ha wed the outlook for Swift & ¢ vck and it may per cent, and 6 per cent. preferred stocks are id, The dividends are being paid. The 7 nck is the more, desirable Vickspexc, Miss: ‘The Seaboard Air Line adj due August 1, 1921, was gedeemed in February are, therefore, five semi-annual coupons (or 12! nt.) still, in The road's earnings have ed hope that ps of this interest will now K.. INonasarouts, Ivp porated in 1916, the | vad Co. has paid no divi Earnings in 123 aroused nd on the preferred, but both speculative and possibly ‘long pulls rred is a more promising purchase than the Texas Co, stock, at its recent price of about paying a dividend of & dover 7 per cent rket figure. This is a g 1 Lose Istaxp Crry, N. Yi ‘The depression in the lustry was felt by Texas & Pacifie Coal & Oil Co. than b ar organizations. ‘The con of both coal and oil lands and that some time in the future it per and pay di Cicexo, The Chi « & St. Paul way debenture 4s have b jo mortgage rank the general and What ar, ment will be them’ at date of rity in June, 1925, remains to be seen, It is doubt npany. will have cash enough to redeem them ight. In that case it may offer a new seeurity is practically the same thing, offer to extend. this In the case of a new i ald probably: be altractive enough to induce hel . —all the difference he exchange. Redemption of the bond w v necessary on day of maturity, but if holders at between just an ordinary cigarette 1 to fore Atlement of their claims there might be Fain eee maaan’ wnt IMA, the most skillful s. Coueas, Tex: All the South American bonds Ik you mention are probably sure to be taken e: emed in time. The lax financial method American governments have been widely crit vative American finan This has in es af these ge in the popular re Sone improvement is no in the way in which the south Ame ow handling their fi tit average investor te tained in New York against the sale of the company’s stock in this State. 1 mpany’s office here was denly transferred ‘te T wou New York, through their partial paym leave the shares alone. Ac was 1 cestors, far small, to buy the best. securit that the stock was being disp ! convenient terms, For ‘full information write to the seni ations. mpany for booklet L- land has be Cuapet Hitt, N.C: The P stor Car Co, H. Smith Co., Smith t ny of these until he has of the most prosperous of the concerns in its line sc oP a beoklee elich pection of the such ap inspection ha: ood dividend payer and the stock 1 may become 22,000 under the company’s special method 's purcha The Auto Knitter of interest. Th mpany deals in first ¢ Mississippi easoned dividend payer and the gage real estate bonds based on properties of val y well, the company percent, arnings have not been encouragin The stock is more mal capital. It has put into effeet an invest sare well regarded and nably safe speculative than the Packard Motor sha ment_ savings plan whereby one can get 6 K.. New York, N. ¥.:) The new preferred stock of. Ga, York, Ps.: With your 84,000 you could prudently and. 7 per cent.-on monthly. installments Water Supply Co. and the New York — buy Armour & Co. of Delaware 5! U.S. Rubber Ist pplete details write to the Smith Company for booklet & Richmond Gas Co. appears reasonably safe. Each — and ref. 5s, Hudson & Manhattan Ist_and ref, 5s, Penn: +R pany has a perpeiual franchise, serves a rapidly sylvania R. R. 5s, first, mortgage real estate bonds and "For many years the Backe Review has had a wide repu: ing territory and has a promising outlook. Each Bethlehem Steel Ist ref. 5s or purchase money 3s. tation for intelligent and accurate di s of financial dividend on its present shares. The earnings New Yous, March 22, 1924. and business conditions. It is a hi ss weekly pub: mple to meet preferred requirements. Owing , Bookl lication, "Business men may obtain cop higher dividend rate, the Water Supply Co.'s Free clets for Investors months without charge on application t dl looks ke the better purchase. Numbers of ree Booklets for Investors gaonils without chargs on application to J. 5. Bach well established companic per cent. or more In the long run prudent investment is apt to pay better Broadway, New York. Among these are American. \ than mere speculatio his idea, Adair z for safe investments naturally depend dard Gas & alty & Trust y Iding, Atlanta, — largely on the character of the financial house with which 8 percent. pr +b i Tow to Judge — they deal ey might well go further and learn how ONTA, ‘ranscontinental Oil Co. : "These securities, which pay to judge es the sand value ol paid no dividends, has had defic a number of $7 percent based on income producing ties offere: public rge M. Forman & ( and the recent doubling c stock neces- properties in leading Southern cities. The lies are Dept. 43, 105 West Monroe street, Chicago, IIL, hi influenced the price of the shares adversely. Pro- appraised at figures largely in excess of the face value of — prepared an effective first aid to investors in the shape of the sale of the new stock will be used to wipe out bonds. The company has had a successful career of a booklet entitled, “Eight Ways to Test the Safety of nt debts and retire about $6,000,000 of bonds. But of fifty-eight y and is the oldest mortgage investment Every Investment.” It is designed to protect investors « outlook for shareholders is not bright house in the South. Adair Protected bonds come in de- against any chance of loss. The booklet will be mailed Maprevinre, R. L: For years I warned my nominations of 8100, 8500 and $1,000. They have been by the company to any applicant. Forman & Co. have inst purchasing Central Copper Co. of Arizona bought in all parts of the country. Investors can obtain been in business many vears and the first mortgage real k. The information T had receive bout the com: a copy of the booklet mentioned by writing direct to the — estate bonds in which they deal, and which pay as high was unfavorable, Recently an injunction was ob- company 7 pee cent; lave: tuid a wide ‘ale comicbooks.com