Judge — November 8, 1924 — page 30: what you’re looking at

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

No loss to any Investor in 59 years GINCE 1900 the average in- crease in assessed property values in 10 large Southern cities has been over 500%. ‘The scene above is Tom Pitts’ ycomer at Five Points, in the heart of Atlanta. This corner is considered one of the five best retail corners in the country. Invest where your money earns 7% safely re South today offers the greatest opportunity to investors in first mortgage real estate bonds—the profit- able yield of 7% backed by steadily Adair Protected Bonds, created and safeguarded by the South’s Oldest Mortgage Investment House and the Oldest Real Estate Agency in the United States, are secured by income- producing properties in the larger Southern cities, where assessed values are doubling every few years. 59 years’ experience in making first mortgage investments without loss to a single investor or without a delayed interest payment protects the holders of these bonds and assures that inter- est and principal will be promptly paid when due. Mail the coupon to- day for descriptive circular of a recent 7% issue. Denominations $1000, $500 and $100 PRICE: TO YIELD 7% Adair Realty & Trust Company The Souths Oldest Mortgage Investment House Founded 1865 ATLANTA Philadelphia Jacksonville NEW YORK Adair Realty & Mo Co. Exclusioe Distributor? ~ 270 Madison Avenue Adair Realty & Trust Co., Dept. I-16, Healey Bidg., Atlanta. Gentlemen: Please mail descriptive circular of a 7% Adair Protected Bond issue, recommended by you as a safe investment. Name. Address YOU CAN BUY Good Securities in Small or Large Lots Partial Payments which explains terms James M. Leopold & Co. Members New York Stock Exchange 7 Wall Street New York Established 1884 Investment Bureau ea gencies to answer by telegraph. are treated confidentially. exact street address. Readjustment and Equal- ization by Theodore Williams oT so many months ago the farmers of the West were bit- terly complaining of the great dis- proportion between the prices they received for their products and the cost of the manufactured goods they had to buy. This year’s big advance in value of wheat and other grains, however, has created a-considerable change in the situation. Rapidly the discrepancy in prices between agricultural and industrial wares has been lessening. The Department of Labor finds that farm products prices are now 40 per cent. above the level of 1913, and industrial products 50 percent. While there remains still a difference against the tillers of the soil, this is probably bound to be wiped out before long. Anyhow, the readjustment has gone much further than seemed probable a year ago. The fact is significant as showing one long step toward the equalized conditions on which alone sound business can be solidly based. The two big branches of activity furnish markets for each other. The indus- tries of the country would find it vastly more difficult to prosper if the farmers, who are very numerous and extensive customers, were impover- ished or deprived of a large part of their buying power. The farmers would suffer if the mills and factories did not make adequate profits and the industrialists’ buying power were diminished. It is gratifying, there- fore, when these two agencies of production can get good profit from their exchange transactions. Possi- bly some minor degree of wage reduc- tion’ in the industries may yet be needed to balance matters, unless farm products rise still further. Equalized business is essential to the prosperity of the securities market. It would eliminate a good deal of doubt and hesitation in the Subscribers to Supax are entitled to answers to inquiries on financial questions, and in emer- i No charge is made for this service. A two-cent postage stamp should always be inclosed. inquiries to the Financial Editor, Juvae, 627 West 45d St., New York, giving full name and Anonymous communications will in no case be answered. lL communications Address all financial marts if producers all around were thriving and getting due rewards for enterprise, effort and investment. Eventual general read- justment is a certainty. When it has been completed we should have un- paralleled good times in this coun- try, with a high watermark of quota- tions for all meritorious stocks and bonds. Answers to Inquiries M., San Franctsco, Cau.: The shares of the United States Silver Fox Farms and of the Pacific Stores Corporation are not quoted on any of the exchanges and they are apparently concerns of only local importance. The silver fox breeding _ Florida’s Oldest First Mortgage Bond House What it means to the investor who wants 74% It means that we know how to create first mortgage real estate bonds that are safe, because our bonds have successfully with- stood periods of financial panic and depres- sion, It means that we have a record of safety which we intend to preserve, because it is our most valuable asset. It means that if you buy Miller First Mortgage Bonds, paying up to 714% (se- cured by income-earning property in Florida, where the legal rate is 8%), you will be one of an army of investors, living in every State, who have never had to wait a day for payment of principal or interest. The choice of your investment house is a mighty serious matter. Choose carefully. Asan aid, send for our free booklet, “Getting Acquainted With Your Investment Banker,” which tells what our old customers think of us. Mail the Coupon today. G.L.Miller Bond & Mortgage Co. | 212 Miller Building, Miami, Florida | "ial siden fee Se SR | Please send me, without obligation, your book- let “Getting Acquainted With Your Investment Banker,” and circular describing a Miller First Mortgage 734% Bond issue. comicbooks.com