Judge — November 29, 1924 — page 7: what you’re looking at

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

promised a good long breathing spell. Before the next Presidential election the country should make ex- traordinary progress in a materia! This may not come about. in i sudden and tremendous boom or series of booms, but in steady advances aggregating quite as much in the end. A like course should in general be the case in the financial market. There will of course be halts in business and recessions in the value of securities due to adverse happenings or to technical market conditions. It will not do to aban- don caution and to venture rashly. But the fundamental forces are set so strongly toward improvement that only something very unusual could long impede the forward trend. ‘The buyers of stocks and bonds who exercise discretion wil hardly go amiss if they select standard issues whenever these show declines. Care- ful attention should be given to pro- posed mergers and to earnings and dividend possibilities of corporations. Some of the, at present, non-divi- dend payers, too, may well be studied with reference to their future, for if the nation continues to prosper, a quoted low may some day become valuable through the increased profits of the companies they represent. number of issues now Answers to Inquiries D.. Hype Rark, Vr.: Associated Simmons Hardware Companies reported deficits in 1921 and_1922, but a substantial surplus in 1923. ‘The profit was not sufficient for resuming the sus pended preferred dividend | and nothing was ‘common shi he company's 615 re secured on pledge of stocks ies. in the organization. — are not of the gilt ncern asthe Security re was a Security Oil Corporation but a dation. If you arc Stories from the compa xk you own, you d further payments until you ge cut and satisfactory. st nt from the officials, ‘The stocks of new and untried oil ce ani usually a gamble and thousands of invest ry they ever bought them. K., Tsonaxarouts, Iyp.: Fam Lasky, Ine., reported earnings of $10.25 on common for the first.nine months of this year. The divi- nd of 8 per cent. therefore must be assured, ‘The common shares make a liberal yield on market price and would sell higher if they were less spec lative. A it is they a good business ma purchase, The preferred stock, selling about a dozen points higher, carries the same dividend rate and is more like an investment. B., W Mixy.:_ Cities Service common stock is making a fair yield on market price but the dividend for a long time has been paid in scrip. The scrip has a market valu be obtained for it. The company is a utility and oil producing organization. Its pre- ferred stock is very attractive. The Rickenbacker Motors Co, is making progress and is a dividend paver. ‘The stock has been quoted as low as 86 asked which is materially below par. figures indicate some uncertainty as to the company’s future W. Moore Haven, I cannot give you the rating of the Fe oof Atlanta, It does y regular list of corporations. ent medicine concern do a good investment. The ss is not of the solid kind and it would be more prudent. to buy the 1 established comp that are dividend payers. A better rehase would be Wright Aeronautical, paying 81 and quoted at about #12. B., Kext, Wasi: The shares of the American Hemp & Flax Co. of Cleveland are not listed quoted on the exchany As for the affairs of the Home Profit He Co. the receiver is. the proper person to apply to for information, Pos: sibly the attorney for the creditors can give you e facts Punigoetenty, The National Dairy Praduets Co. was organized. in December, 1925. Mthough rather young, it. has uccessful concerns. ‘The ment of dividend at the rate of $3 yearly. ‘The tock is a fair business man's investment ©, Hicniasp Paws, Mien: ‘The Burnham ion with the stock market. Its operations and. earnings vered in reports for which Jer have a right neral Petroleum quoted at about pe increased. there possibility in t Oil of California, quoted at about pays a dividend of 81.80 quarterly, which is than 6 per cent. on market price. Tt is suffi nd. Union Oil is. the axo D. Evanr, Micn sidential election the outlook is If bought right the following. issues shonld. prove sound and profitable investments: Union Pacific R. R. common, Southern Pacific RR. New York Central. R. It, General Motors 7 per cent. pfd., U.S. Steel common, American Waterworks 7 ‘per cent. pfd., American Steel Foundries and Standard Gas & Electric common, For safe investment and not_specul might consider the 7 per cent estate bonds a din Jepoe M.. Vinogra, Wis: The St. P bonds, maturing’ in 19 fashion, but it is in cash, ‘They years or a new security will be cared they can be red d fora term v be offered in exchange for them. ‘They he safe, but the « sfactory to lation than re drop in y expected ur stocks you 1 abien-Atericar ing purchase at $ and this is a good Congoleum is he other two, hlehem Steel common ‘ou quote. Tt is »bable that it will advance much until cis a prospect of the resumption of its dividend Whether all of these stocks should prove short time profit ong term deals cannot, of course, positively be predicted. . M., Burrato, N. Y U n Carbide & Carbon is strong and prosperous. Its stock is all of and it has no funded debt. The author- of 10,000 shares of no par 33 shares are outstanding. The dividend ra yearly and the stock has been selling at about $60. This makes the yield liberal. ‘The Americ appears to be new and a what the railroad compan 1 sug the subject with some Beriaxatox, N ¢ Lewis Oil Corp. is a minor concern. reports fair earnings but is paying no dividends on nearly $8,000,000 capital k, ing capital is moderate and surplus e company’s bends are not of large amount and can be classed as a fairly good bust ness inan’s purchas New York, vy. 22, 1924, Free Booklets for Investors ‘The F. H. Smith Company, Smith Building, D. C., will send to any interested booklet entitled “How to Build an Independent Income.” It discloses how 7 per cent. can be obtained on any sum from $10 up which may sted in Smith first mortgay 7 per cent. real estate bonds, Install npany's investment savings p yield. the erest asthe full. p bonds. 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For these bonds are backed by a record of 59 years ip the first mortgage investment field without loss to a single customer, or without even a delayed interest payment. Safe, Stable and Profitable, these bonds are considered by our customers as their nchor fund—that portion of every wise investor’s capital which is placed in ultra safe, time-tested securities to guard against known contingencies. Mail the coupon today for a descriptive circular of a 7% first mortgage bond issue, Denominations: $1000, $500 and $100 Pricer To Yield 7%. Adair Realty & Trust Company The Souths Oldest Mortgage Investment House Founded 1865 ATLANTA PHILADELPHIA, Packard Bldg. JACKSONVILLE, Adair Bldg. NEW YORK Adair Realty & Mortgage Co., Exclusive Distributors 270 Madison Avenue Adair Realty & Trust Co , Dept.I-17 Healey Bldg, Atlanta, Ga. Gentlemen:---Please mail me a descriptive ciroular of a 7% Adair Protected Bond Issue recommended by you as a safe investment. Name - Address: SERVICE The Investment Bureau contains sound, con= servative, helpful information and advice about Why not consult it about your investments? 7 YOU CAN BUY | Good Securities | in Small or Large Lots Partial Payments Ask 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 comicbooks.com