Judge — September 27, 1924 — page 25: what you’re looking at

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

t se, on the ability and integs ; we risky than industrial bi e preferred stock of the con jess speculative. A better purchase F., Wooo.anp, Wasn, ic Power & Light Co. is paying dividends on its preferred stock and appears | le to maintain them. All the common stock and the | d 4 nd pref rred are owned by the American Light & an er Co. Puget Sound Power & Light Co.'s preferred | 7 5 Waly. The Northwestern Electrical ( s : eir one laa aa al Which one are you like? vein Busppock, Pa.z TL do not advise rom Ajax Rubber stock to Kelly ‘which is s non-dividend payer. an Two business men had surplus funds to invest. ate ee er Steel | One of them, noticing that prices were rising paying $$ and Standard ¢ on the Stock Exchange, bought stocks which i “looked good.” } r, New Soon, N.Y 2 The Frovideat Leen Sones has The other bought non-fluctuating, high-grade Mesa pretty good rating. Its dividend rate is 6 per real estate first mortgage bonds at a good rate tie gn tia [Seen ee of interest. One lost money and the other gained. sir bu ins investinent. However, the 7 per 4 eat cunt estate bondaidealt in UG. U We will gladly send the complete story, “Two Men and Their t James M. Forman & Co., 105 W. Monroe street, Chicago, Money,” to any investor who feels uncertain about what to de dat ae ee Ti Smath Con Saath Big, | do with his money. Mail the coupon today. ; D. C., are safe and more inviting so far as interest 18 concerned R, Pont Cuesten, N.Y: I could not advise you te ‘ R. Steel reorganization thin you G. L. MILLER & COMPANY, Inc. 1G. L.MI LL E R &CO. new concern is nol usaured 115 Carbide and Carbon Building i ’ ould pat in would De 30 East 42nd Street, New York peculative risk. wafer to invest in the Ples send me, without obligation, the : ~ ofa sound Tong established company which is pay story, “Two Men ‘and Their Money," with 115 Carbide and Carbon Bldg. Is and seems likely to continue doing it. circular describing a 7°. Miller First Mortgage 3 Texon Oil & La bond issue. | 30 East 42nd Street is quoted $1, bid, $1.25. © comp a : Name....... simamataa nT f New York large and apparently valuabl s, but its tion of 810,000,000 seems too large, It has be | {ribulation and its stock at one time sold at less than Address. . . one-third MS per $1. Re ports that the cots ; it a 5 Slew I Philadelphia Pittsburgh St. Louis Buffalo ee von eek et 434 ere (ee On clock pad Atlanta Memphis Knoxville would be safer to accept it than to trust to an uncertain oe future. < No Investor Ever Lost a Dollar in Miller Bonds H. Broxx, N. Y. The New York Mortgage Co. has been in exi nce for a couple of years or so and it appears to be prog Its preferred stock may be a reasonably safe prope . but you can buy 7 per cent fis portgage real estate bonds thi and safer. See advertisements in my bond houses that e securities bes stock should be a prudent purchase for one of moderate outlook for the textile business paar nsolidated ‘Textile has large properties Couemata, Mo.: It would be reasonably safe for and big possibilities, but- apparently sone nee antics you to buy 85,000 of the West Missouri Power Company's required to. work. these out. The stock, now selling first mortgage r 644s. The company supplies very low, may some day appreciate, but a less speculative I siment electricity, gas and water to ix cities and towns in purchase would be the company's 8 per cent. first The bonds bs stern Missouri. ‘The proceeds of the new issue of mortgage bonds quoted lately below 80" nde 70,000 of these bonds will be used for acquisition of more than 10 per cent. on market price. should. met additional properties. Net earnings are reported to be earnings make an upward inove these bonds will be vere es annual bond interest. The bonds were offered favorably influenced selling some points below par. “But there appe no reason why they should not be redeemed at ma It would be better, therefore, to hold them than to part elow par. While the preferred stock of the el may be an ably sound security, I extox, Nu J: The a better purchase would be 7 per cent. five-year 614s are wz that coun. bonds based on New York property elgium is recuperating rapidly from W., Spnixorieto, Mass.: For Ajax Rubber and Fisk the effects of the war and should be amply able to Rubber the speculative chance { present appear an- the interest on these obligations, The proceeds of thing but good. They not payers of dividends and bonds will be devoted partly to retiring $26,000,000 of the rubber business is not in the best condition. Miami the kingdom's short t t dd Copper makes a return to stockholders and the stock 10 the country’s de has been holding its price very well, but unless the e to yield over 7 per cent ; : . ue of the red metal takes a big jump there ..St. Lovts, Moz The Texas Pacific-Mo. Pacific Free Booklets for Investors ich speculation in Miami shares of New Orleans has issued $5,000,000 per cent. bonds, series A, due ‘The wisdom of buying sound non-fluctuating securities he Texas rather than those subject to frequent change in. pr is a lesson unfolded in “Two Men and Their Money 1 readable story issued by G. L. Miller & Co., Ine, 1 Carbide & Carbon Bldg. East Forty-s id stre Co. owns and a luable terminal facilities at w York, dealers in fir: gs New Orlean: e offered at 100, The plight of the speculator than three and one-half ti eA. Puttapenrita, The Paris-Orleans Railroad — that of the careful investor A few shares of this Company's 7 per cent. external bonds rank well among to any applicant by Miller & C foreign The bonds, aggregating $10,000,- per cent. Miller first = 000 and fare guaranteed by the government hose desiring to purchase good securities in small or of the French Republic. T 4 the rge lots on partial payments can do so through the old d largest. railra ° c. plished Stock Exchange house of James M. Leopold . . = ave equal din a e othe f & Ce Wall street, New York. Ask the firm for its YOU CAN BUY the road. | They are payable in New York in gold. ‘The booklet, 1-7, which explains its plan and terms price was such hs to y id he Adair Realty & Trust Company (Dept. 1-13), 7 _K., Kansas © eU ted Fuel a d Supply Healey Bldg., Atlanta, has published a booklet, Good Securities ear int wovings vel ane Seer, yal, Bids oe appear to “How to Judge Southern Mortgage Bonds,” in which it in Small or Large Lots B., New York, N.Y.: Th of any of the . ding kingdom of Belgium's ex- banks in New Y pretty tment der strict public ion a be prospering. The nd it would be a on of vield purchas . apt strong and New Vouk, September 23, ge real estate bonds rongly contrasted with story will be mailed with a circular describing ortage bond issue e well secured. The company operates in Detroit, ay to invest wit and high returns. and its fuel and, supply business is said to be the distributing 7 per bonds based on largest in Michigan. The company oducing properties in the South and hi forty years of success. Earnings are reported to be for fifty-ni times annual interest charges on these bonds. It is the South's ol scription of a n National Ra y safe A return of 6 Ish for Booklet L-7 which explains are guaranteed, pri promised b: ‘.. Smith, Bl A fr Beh TT walek ial Dominion of Canada mpany op way D.C. in f teage toe the Atlantic to the Pacitic stments company. ‘The company has James M. Leopold & Co a i sowed by the Ca haut a Ton ose recon." One’ chtain its . . c s were quoted lately ponds by outright purchase or under an investinent Members New York Stock Exchange iS iceeue vals savings plan. Among its current offerings is a very 7 Wall Street New York » Semiscrteny, 1 Consolidated 1 des per cent. bond. It will mail to any address ao be getting etter shape. T eo a Century of Investment Established 1884 adjustment of its sale will, it is said, involve Safety in the Nation's Capital,” and a list of its current no issue of new securities. More optimism is being ex- offerings. comicbooks.com