Judge — September 13, 1924 — page 62: what you’re looking at

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

Where 7% is backed by SOLID SAFETY and protected by the South’s Oldest Mortgage House | High return, bringing profits; impreg- nable safety, bringing peace of mind and | assurance that your money is well-cared-for —these are the two elements of the ideal investment. In 7% Adair Protected First Mortgage Bonds, issued by the South’s Oldest Mort- gage Investment House, with a record of 59 years’ experience in the first mortgage invest- ment field without loss of a dollar to any in- vestor, you can find the safe and rapid road to financial independence, free from worry and care, absolutely devoid of all the dan- gers of fluctuation. The safest way to attain the benefits of 7%, which just about doubles money every ten years, is described in our free booklet “How to Judge Southern Mortgage Bonds.” Mail the coupon for your copy today, to- mortgage bond issue. Adair Realty & Trust Company The Souths Oldest Mortgage Investment House ATLANTA Land Title Bldg. Jacksonville, Adair Bldg. NEW YORK Adair Realty & Ni ¢ Co., Exclusive Distributors i , Philadelphi: Adair Realty & Trust Company Dept. 1-13, Healey Building, Atlanta, Ga. Gentlemen: Please send me your booklet Southern Mortgage Bonds, “How to Judge together” with descriptive circular of a first mortgage bond issue yielding 7”. Name. | Address. No Loss to any Investor YOU CAN BUY Good Securities in Small or Large Lots Partial Payments Ath for Booklet L-7 which explains our plan and terms James M. Leopold & Co. Members New York Stock Exchange 7 Wall Street Established 1884 New York gether with circular describing a 7°, first | q | | gencies to answer by telegraph. are treated confidentially inquiries to the Financial exact strect address. ditor, JUDGE, The Battle for Better Prices Theodore Williams A VETERAN observer of the securitie: situation is quoted as saying: “The market bullward plods its weary He meant that the construc forces would have to fight hard to main- tain and to go beyond the advanced posi- tions they have gained during the past month or two. This is doubtless true. While there have been spurts of appar- ently easy progress, these have alternated with symptoms of market fatigue. ‘There have been numerous re¢ ssions and re- coveries and the irregularity of prices has occasionally been pronounced. Weakness has been discovered in many spots and there have be n some rather startling both-way changes in quotations. This should have instilled caution in making commitments. But aggregate daily transactions hi average pretty |: ve continued to ge, and among these there must have been a considerable percentage of losit ventures. A num- ber of pools have proved unprofitable to their members, and though certain buyers on tips and rumors may have raked a few chestnuts from the fire, a lot of them had their fingers burned. The need of discriminating purchase is grow- ing more and more evident. But whatever be the form of the sur- face indications, there appears to be underlying strength. Current opinions regarding the future of business are opti- mistic, and industrial and financial leaders are expressing positive confidence. The business of the world is gradually righting itself and times should improve in prc portion to the peacefulness that prevails in business affairs. Expectation of conservative settlement of the politi contest. is widespread and imparts a touch of firmness in all markets. Securiti rise and recede many more times before the permanent trend is recognized all around, but the ele- ments of national prosperity are too clearly seen to permit a doubt of even- tual favorable conditions. s may ‘The issues of our most important—our indispensable— corporations must share in the benefits are entitled to answers to inquiries on financial questions, and in emer- No charge is made { fwo-cent postage stamp Anonymous communications will in no case be answered, for this service. All communications hould always be inclosed. Address all West 4-id St., New York, giving full name and which these corporations will be so potent in creating. Answers to Inquiries F., CLevetano, O. last Year paid 20 cents per share her of these figures speculative stock. Government bank would supply as high If the e« y plans to is be weakened, Rickenbacker is doing quite ts stock, pi asked, @ con Hotors’ c W's stock is qu at only 12 cents bid, 16 cents asked. ‘This does indicate that th ‘liar with the cc * have much confidence in its futu letter, which you. su does not_ make real strength, Dividends on the stock Star Motors is about to be merged with pany, Durant Motors. Neither is a dividend pas and I cannot recommend purchase of either's stock. up, O.: Dividend holders of Wabast y preferred A stock hi hill. 1 pgs in the first six mor ‘a share on this stock. showed able inere ‘operating expenses : N.Y.: The prospects of the steel com: ally’ growing bri Royalties Ce gross reven reduced by ps tie order i ous and an excellent foreign trade bein: I any observ’ pect that the steel bus © normal next fall ‘The Allis-Chalmers Manufactur the expectations J requirements of 82 for that per tal is over $20,000,000, rn common stock. "The company is fortuna! Fdebt. | The recent sudden spurt in ares 10 publie recognition i twice its divide Net working Q., Burrato, N.Y. the. Settlement’ of Ger affairs now appears quite lik Should y and the Allies’ do their parts under th plan faithfully the rehabilitation of Europe would |: ul. No. spectacular be results, howevr certainly be looked for. ion will be th . and then the gradual return of prosperity uropean chaos ended, business and the secur this country should eventually beretil udent for vou to invest your funds v ly the old relinbl ties marki It woul that v ong securit Punape than’ the White e are larger organizations pany, but none that se Asi stockholders seems amply assured R., Ricuwos : in stich favor that the steadily. It is blic utilit pber of t stockholders + source ength to them rs invest in their issues aber of stock a t behind it ‘Telephone and Telegraph Compa 1,000,000 of stock to n " d about 13,000 ne late old st be leading dividend changes are good purchases it an Tel. & 1 pavers listed on th spite of Woole American Waterworks eetric 7 per cent. pfd., and Bush Building 7 per cent. pfd. are examples of ‘issues that may prudently comicbooks.com