Judge, 1924-09-06 · page 27 of 37
Judge — September 6, 1924 — page 27: what you’re looking at
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plant which will supply the gas requirements on a twent Near contract of public utility companies in Alban; ‘Troy, Schenectady and Cohoes, N. Y., and also to operate a blast furnace at ‘Troy. ‘The preferred stock of the cor- poration has been purchased in large amounts by leading Organizations. The probable net earnings should be ample to more than cover the interest on the new bonds. The bonds were issued at a price to yield 714 per cent. J, SpRinaried, ILL.: ‘The Old Ben Coal Corporation is one of the largest producers of bituminous coal in the United States. Its properties are located in south Mlinois and eae peda te rie Taking the Guess Out of Investing Every man or woman who has ever lost money on an in- vestment can guard against future losses by applying a simple, and to be a reasonably safe purchase. ‘The bonds were x V7 offered at a price to yield over 6.17 per cent. . Bee M., Curcaco, ut. An Power & Light Com: ca j Bonds were pany's 6 per cent. Deben! market ata Id per cent. excellent _ publ Purchase, Earning leave a considerable margin over the interest on the bonds. Confidence in the company. is increased by the fact that it iy managed by the Electric Bond & Share Co, V., Bostos, Mass: It would be safe enough for y to put $5,000 into the Central Maine Power Compans . Grst_and general mortgage loan be series C, due in 1949, ‘The company serves 478 cities, tested rule which reveals in advance whether or not a security Towns, and communities and more than $00 industrial : establishments in twelve of the sixteen counties of Maine. is safe and sound. Net earnings are over 2.3 times the annual bond interest. The bonds were issued so as to yield 5.57 Anybody can understand and apply this rule. It is ex- Lesanon, N. ‘The new offer of the Re- public. of Bolivia Lenty-five sear, secured plained in the investment story from real life, ‘I Don’t Guess, refunding 8 per cent, sinking (ond Sotl bows) nemrepnics I Invest.” If you are interested in safe investments, mail The cred B fairly ood. | 1t osseases enor: the coupon for a copy and learn how to get 7% by investing Obligation of the country and are also secured by im- in time-tested, first mortgage bonds. portant revenues which, if everything goes well, will idequately meet interest disbursements. That there is a speculative quality’ in the bonds iy shown by the fact that they were offered at a price icld 8.7 per cent. TERT BS ithe TORS tatond | ff] SlaMEcERecommanyte. — 1G.L. MILLER & CO. Company's first mortgage 5! per cent. bonds, due in 114 Carbide a Carbo suilding | tNconronareo. 1948, may be regarded as a gilt-edy The pro- 30 East 42nd Street, New Yorl i ire d_me the, investment story. “I | . ment of an equal amount of ‘the cony lien, Don't Guesn:t Invest,” with circular describ- | 114 Carbide and Carbon Bldg. fi ce onds due year. se bonds will, i 7% fi rt bond issue. BA er erat a ee tee cud there oie fag 8:77 Gest montanes Bost 30 East 42nd Street ts to yield : New York tion as to the company’s ability, to me normal in ceceds of the sale of the bonds are to be appl ‘The subscription price of the bonds was over 5.1 per cent. to maturity. i Say Rivensio! E, re a the price changes of the He year, Tt has ranged betwe recovered to 45. That sort the stock for years past. years of to ing, including extra, i mining stocks have a als, railroads I Philadelphia Pittsburgh St. Louis Buffalo : Adlanta Memphis Knoxville City and State. . No Investor Ever Lost a Dollar in Miller Bonds All them. thands, having had a number of deficit yess and interest on all its bond issues is i ~ Ht you en amg of the ut will probably Have to wait for the lave been well are of an excellent character and well diversified. You ‘met by econo have industrial, ‘pt up, any losses in gross on of the receiver regarding them. If Speration, “The stock SL Sores United Sule Goren you do not own any you had better leave them al to-day as Canadian Pacific, paying the same rate of bank issues, But your int T., ‘Tamvico, Mrx.: ‘To be sure of getting * dividend but selling a number of points higher. in one particular. It comprises no first mortgage, back’ intact at th ghteen months you would » Hanntsuciec, Pa,: ‘The business of the leading estate bonds. Your present $10,000 of ready money cither have to put it into a savings bank of to buy sho pmobile companies in the first half of this year was ht well be devoted to purchasing securities of this term securities maturing at the end of the period you . than for the same period lust year, but con Kind. Reliable houses are selling them in denominations the industry are not discouraging. Indeed, the outlook of from $100 to $1,000, bearing as high as 7 per cent. is very fair. Accumulated stocks have been moving off interest. : and the compan be expected to prosper. ‘The New Yor, N. Y,, better class of au are reasonably good . 's of the weaker organ- " x do not commend themselves at this time. Free Booklets for Investors AN Fraewsco, Cat: Although the di é ced one half, Pan American Petroleum stocks _ How to accumulate $27,000 in fifteen years by investing , re covered a large part of their decline. ‘The com- in Adair Protected 7 per cent. first mortgage, real estate Rapid Transit 6s, due December, 19 lling at a price pany is not suffering so much from the depression in the — bonds will be explained to any inquirer by Adair Realty ‘eld 5.2 per cent., and the Kansas City Terminal 5: oil industry as are some others. It has had the advan- & Trust Co., the South's oldest mortgage investment due November, 1925, selling at a price to yield $$ percent: tage of making large contracts for the sale of fuel oil house, Healy Bldg. (Dept. I-11), Atlanta, Ga. This W., Dapevitit, Ata: Here are a few of the lightand produced from ity Mexican wells. ‘The profit on these fortune making plan requires the investment of 81,000 power class that are reasonably purchas East and the revenue from the compat year. The actual amount deposited will be only $15,000, Texa: 942, latel; sted at 90, EI Paso tion have enabled it to carn its present div the remainder being the result of 7 per cent. compound Electric 95, Galveston-Houston 5s, yeurly several times over. If this prosperi interest. From the capital thus acquired one can gel 1954, quoted at 82, Mississippi, River Power 5s, 1951, the company may, as hus been predicted, some diy, an income of over $1,900 for life. Smaller yearly amounts quoted at 96, Mississippi River Power 7s, 1935, quoted at restore the former rate of 88. will bring proportionate results. ‘The company operates 102, Savannah El & P. 714s, 1941, quoted at 104, Standard C,, Haurax, N, Colorado Fuel and Tron’s advance a monthly investment plan, paying 7 per cent. on. the Gas & Electric 6s, 1935, quoted at 9045, Cities Service of about 100 per cent. from its lowest figure this savings entrusted to it. Full particulars may be obtained 7s, 1966, quoted at 94, Northern States Power conv. ig not credited to earnings, but to the promise of by applying to the company sfor its booklet, “How to 83, quoted at 101, Union Electric Light & Power finds in its land holdings. ‘The dividends which the Judge Southern Mortgage Bonds.” and fora circular 514s, 1954, quoted at 97 . . company’s regular business has failed to produce may ing # recent 7 per cent. bond issue. W., Searrue, Wastt:: The Virginia Carolina Chemical yet come from this new source. Of course, the stock the best securities can be purchased in small or large Co.'s experience has been disastrous and the outlook is has not ceased to be speculative. amounts on the partial payment plan through the old still far from bright, in spite of reported improvement V., Battrwone, Mo.: The moderate dec! i tablished Stock Exchange firm of James M. Leopold in the fertilizer business, The receivers have had to call attention to in the traffic of the rai ; Wall street, New York. A request to the fir raise $1,000,000 on certificates to keep the company — the first six months of 1924, as compared with the same ts booklet L-7 will bring a full explanation. agoing. This shows that the great deficit in earnings period of 1923, should not lessen your confidence in the ‘he F. H. Smith Co., Smith Bldg., Washington, D. of last year has not been recovered from so far in 1924. securities of the leading roads. ‘The traffic in 1923 was is prepared to furnish details of a method whereby a ‘The reorganization of the com being considered. the largest in railroad history. ‘The fulling off between $50-a-month income can be obtained from $20 a month but there are said to be diffi hi Shi January 1 and July 1 was only 9 per cent. the nation’s capital. ‘The investment reorganizat pretty good sbowing in i st mortgage real estate bonds bused on income necessarily, be assured, i make a better showing 8 property in Washington and bearing 63 per the Geld and new methods of fertilizer production may "J. New Haves, Cos i i buy stocks or bon chances of their adv: name. You could of cot present market price and tak If that is your disposition " dividend paying issues are_ reasonably s : Treasury ‘certifeates ‘maturing until December, 197, may be had. ‘Their return is small, but they are abso- Tutely reliable, ‘There are plenty ‘of good. short-term notes but most of them extend to a date later than one you fix. For instance, there are the Philadelphia gust 30, 1924, self, but many lines the latter half of this year. ‘There is much co Prices of copper compunies’ tent. Tf 820.4 month is paid regulurly and the income is crease this. Reorganization b would stocks have been kept down by the dullness and the ested, wil row in twen! ears to $9,605.54. ’ turb the first mortgage bonds, und if you continue to low price of the red metal, ‘The Graer tone of the company, which has been in business for fifty-one it would be well to deposit them with the metal” marke imparted more. strength. to. copper i Coppes hus the fine record of muin- ’ vidends when many other copper compa se of them and invest the proceeds in sounder were reducing or suspending returns. Its annual thout loss to any investor, will send to all a booklet, No. 24, which contains all particulars. vestment story from real life, “I Don't Guess, I The bonds may in ti uncertainties of come buck, but in view shares." Mi tion it would seem safer taining its i is Tnvest,” has been issued by G. L. Miller and Co., 114 . ..__bursement is $12 and its yield on present market figure Carbide und Carbon Building, $0 East Forty .: At the date you mention, Union is about 8 per cent. street, New York. Its purpose is to teach Pacific R. R. stock was selling at ubout 126, and it re- —G., Brrocerort, Coxw.: If nobody ever took reason- guard’ against losses by applying a tested rule which ained for some time below 130. Had you followed my able‘chances there would be little progress made. You takes leur whether or nota security is sate und sound, suggestion and purchased then, you would now have can do better than to leave all your 81,500 in the savings ‘The company has for many years been dealing in. well hud a decided profit on investment, beside receiving bank. You might keep $500 there, but put the remaining safeguarded first mortgage real estate bonds, i a number of quarterly dividends at the annual rate of $1,000 in a good 7 per cent, first mortgage, real estate 7 per cent. Tt w 10 per cent. The shares lately crossed the 145 line, and — bond. i seemed to be trending once more toward 150. The —T., New York: ‘he sccurities which you have bought XUM comicbooks.com