Judge — January 24, 1925 — page 31: what you’re looking at

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

a+-V Years — Answers to Inquiries clase than its stock is pid, with a dividend of 7 per cent. or common vith dividend possibilities. Corn Products at nt price yiekds less than 5 per cent.; Allis Phiatmers yields less than 6 per cent. Both are docks of merit, with increased dividends possible. {LS Rabber common is paying nothing, but the preferred pays 88 yearly and is an excellent business man’s investment. my G. Cuamarnsnuna, Pa.: 8. O. of California, New Jersey, Indiana ‘and New York are among the highest grade of oil stocks but all are selling at figures that make their net dividend yield low. In view of the S. O. custom of cutting melons pow and then it might eventually repay you to bold these issues for a number of years But you can get’ much better immediate returns from other stocks of character such as ‘American Woolen pld., Bethlehem Steel 7 per cent. pid, U. 8. Rubber pfd. and Sinclair Cons. Oil 8 per cent. pld. American Ice Company's earnings gem to assure @ continuance of the 7 per cent, dividend on common. The stock has advanced aaterially above your purchase price and if the Pall market holds it may go still higher, M., Casuminor, Masa: For safety and good in order to diversify your holdings you might bay a 7 per cent. first mortgage real-estate bond. Union Pacific common is a sterling stock od the new German 7 per cent. bonds are reason- sbly tale. Devoe & Raynolds Co. is prospering paying dividends. Wickwire Spencer Co. is likely to be reorganized. The plan provides for the exchange of one share of new common stock for ten shares of old end gives the stockholder the ivilege of paying 822.50 for new notes. For this Boney be will be given 1.03 shares additional of stock, The osition is not inviting because the future of t nized company will be problematical. Cuyamel Fruit Co stock at present market price and dividend of $4 is a fairly good business man's purchase, S. Srarvarie.n, Mass: For years I warned my readers not to risk their money on Central Copper Co. of Arizona stock. A leading authori on mining has informed me that the company property contains no true vein or large deposit of copper. Such ore as there is occurs in detached lumps scattered irregularly through the ground. ‘The enterprise has been widely discredited. Its smoters have sold millions of dollars of stock and fy this time profits and dividends should have begun to appear, It is doubtful if you will ever srt back your money. . | M. Cincaco, Int: The affairs of the Middle State Oil Corp. are very far from having been straightened out. What the result of the receivers’ management will be cannot be foreseen. ‘The In- vincible Oil Corp. stockholders have voted in favor of disolving the corporation and accepting the offer of the Louisiana Oil Refining Corp. for ex- change of stock share for share, As Invincible has not been paying dividends, the exchange is not likely to harm its stockholders. ‘The outlook for Chiengo, Milwaukee & St. Paul R.R. stock has not brightened very much as yet. Only large increase in net earnings can assure a lasting ad- vance in the price of either common or preferred. The preferred stock is noncumulative ad pur- chasers of it will receive no payments of arrears, If the bull market continues St. Paul stocks may go higher, Among the better class of stocks having an investment quality and worth buying at this time are Amer. Tel. & Tel., American Woolen pfd., Beth Steel 7 per cent. pld., Union Pacific com, and Standard Gas & Electric 7 per cent. priot il. The 7 per cent. first mortgage real estate advertised in Juoar are among the safest and best ‘The National Life Preserver Co, is producing a device of merit but has not made a sufficient success of it commercially to pay dividends, The stock, therefore, is not. yet_a “worth-while investment,” but rather a speculation. ‘ ‘ ; L, Ganesan Tt: Chicago Rapid Transit Co. was only lately incorporated bat it acquired goit Concerns and has made priot preferred. dividend payments, The stock looks like a food business man's . You might pat part your Sen hte ese soed hes ret'in Set elas 7 pet cent. first mortgage real estate bonds. 1., Ovwrer Bar, N. Y.: The Brooklyn and Manhattan Transit’ Co. is gradually winning back to the position it once occupied ax the B, R. T, ‘The dividend on the preferred has been restored and earnings promise a return on common in the not distant future. ‘The outlook lately caused brisk speculation in the common shares with a pronounced advance in price. This stock seems to be one of the best of the speculatives. M. Manno, Wri In the ‘coming, general Prosperity the stronger textile manufacturing Cxganizations should thrive as well as other indus: tnal enterprises, Consumption of their products i and increasing. In view of its. There is a chance of your shares getting beet parchase ‘Therefore, it seems best at least. PoarLaxn. Oar.: The Dominion of Canada et aturing i 1052, ore perfectly sate and bear the rate of interest you require but are selling at a Four “Checks’’ for Wise Investors (Ask for booklet describing all four) 2. Bank Certification: Wouldn't it mean something to you if every bond you own bore a signed certificate of a local bank, stat- es ing that the bond was genuine and secured by first mortgage, as stated by the under- writer? It prevents slips and is in effect an additional “opinion of counsel. Bank Certi- fication is one of the Four Distinguishing Marks of Miller First Mortgage Bonds, which pay up to7% interest. The other three are equally important. ‘The Four Distinguishing Marks of Miller Bond: are the means by which these bonds may be com . not only with ot! other security. ‘her real estate bonds, but with any Mail the coupon today for Folder B-101 and booklet describing 7°; bond issues. G. L. MILLER & COMPANY, Inc. 30 East 42nd Street, New York Please send me Folder B-101 describing the Four Distinguishing Marks, and booklet of January bond offerings paying up to 7%. City and State G.L.MILLER & CO. imcunrueateo 30 East 42nd Street New York Philadelphia Pittsburgh . Louis Buffalo Atlanta Memphis Knoxville No Investor Ever Lost a Dollar in Miller First Mortgage Bonds maf nearly 3 per cent. Portland Railway |. & P. 714 per cent. bonds, series A, maturi 1946, and quoted at about 105 are an excellent purchase. M., Aurnoerx, S. Dak.: Sears Roebuck's business has prospered greatiy the past year and its stock advanced materially on prospects of an increased dividend. Illinois Central stock is a sterling issue, but how much further it may ad- vance only a real prophet can tell. S, Warrtyati.i, Mass: Cuban American Sugar common, paying at the rate of &3 yearly, Jooks like an excellent business man’s purchase, Philadelphia Company common has merit and the yield on market price is very good. $. Rabber first preferred, paying 8 per cent. and selling below par, is in the meritorious clas. American ‘Tobacco B., quoted at about 87, is paying 14 per ‘on par (850) of 87 per year, which makes it initing parchase even at prewest figure. | Amer: 1 Steel Foundries common has been sugested in this department as an attractive purchase ever since it was selling in. the low 30s. Now that it has ‘ond 40, it is still making a satisfac tory yield. ‘The company’s outlook i "32 Beooxtry, Ne Ye: The American, Tele- graph & Cable Co, owns two cables extending from Sennen Cove, England, to Dover Bay, Nova Scotia, By contract with the English Postal Department, the company operates special lines connecting the cables with London with the Western Union Telegrapl Great Northwestern Telegraph Co. it has con- nections with the United States and Canada. The two cables were leased in 1882 for Gfty years to the Western Union Co. at an annual rental of 5 per cent. on the $14,000,000 of American T. & C. stock, Western Union pays expenses of operation and maintenance, so that the 3 per cent. is a net return to the American T. & C., for the company has no funded debt. In December, 1923, A. T. & C. stockholders accepted Western Union's offer to advance money for payment of the Federate corporation income tax during the unexpired term (nine years) of the lease, This money is to be re- paid at the end of the lease with 6 per cent. in- terest. The Western Union's guarantee, assures cent. on A. T. & C. stock for the next and if the current dividend of 85 a (rbich “has been paid for several years) is nd Liverpool. By 6 Thaintained the Prarket value of the shares maintained t} it et value of urned to a will be ret stockholders by the time the lease expires, Farther than that the future cannot be forecasts Md M,, Bextow Hanson, Micu.: The Portiand Cement Co. is reported to be paying a dividend at the rate of 6 per cent. a year on its 29 stock, par value $10, of sixty cents a year. This isonly a moderate return on the market price you quote, $1234 per share. It would pay you better to buy the stock of Northern Pacific RR. or Great Northern pfd. HH. Burvato, N. Y.: The Hayes-Hunt Body Corp. is one of the many Durant enterprises, Whatever its future may be, the concern is still in the uncertain stage. ‘The shares were recently quoted at 86 bid, $7.50 asked, New York, January 17, 1925, ne a t mort real extate bonds sid by it are owned by investors in every part of the United States and in thirty foreign countries and territories. Smith bond pay 7 percent, and may be bought outright or under the company’s investment savings plan. ‘Thr company, will mail to any applicant. its new booklet, “Fifty-two Years of Proved Safety.” First mortgage real estate bonds, paying as high as 734 per cent., are offered by the G. L. Miller Bond and Mortgage Co., “Florida's oldest first mortage bond house,” 201 Miller Bidg., Miami, ‘The bonds can be purchased on partial payments, ‘The company will send to any investor its book let, “The Ideal Investment,” with a circular describing a Miller first mortgage bond issue paying 734 per cent. A book on starting and buikding a fortune, through investing in first mortgage real estate 84 per cent. bonds, has been published by George 105 West Monroe street icago, UL, contains charts showing how to accumulate $10,000 to $100,000 in a given number of years. A copy of this book will be mailed by the company to any address. Adair Realty & Trust Healey Bhig., Atlanta, Ga., will supply to a: interested person full particulars concerning ils first mortgage real estate bonds, which are guaran- teed by one of the largest and best known surety companies in the United States as to principal and interest, and yielding 6'4 per cent. The company claims a record of fifty-nine years in business without loss to any customer. H. C, Schauble & Company (Dept. K-47), 63-63 street, New York, will mail to any @ manual giving statistics of listed No storks from 1916 to date, and atso statistics re- garding New York cotton and Chicago grain. comicbooks.com