Judge — June 27, 1925 — page 29: what you’re looking at

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

_ Answers to Inquiries A. Yosauas, N.Y: The slump ia Ame; Woolea pid. stock was due to the comspany’s gre; reduced earnings aad fear that the dividend wou be passed. This stock bas paid dividends since 1899 and the cpongesy'e directors are cited as saying that the dividend is assured for 1925. The company has lately been operating at ooly 60 per cent, of capacity sbile 80 per cent. is requisite for proStable operation. Owing to drastic economies by the pew management the business is expected to show a slight prost for the frst half of this year The company is still very strong Snancially. Its troubles are due to the poor demand for worsted goods during the past few years. >. Casrex, Wro.: The par value of America Tel.’& Tel. stock is 8100 and the dividend rate is 9 per cent. The company is strong and pros. Prtous and its outlook very bright; The “de between the Standard Oil Co. of Indiana Poo. American Pet expected to be of bene6t to bot! There is no way of reducing the io playing market on wargin” except placing a stop- loss order, That is, ordering the broker to. sell be stock declines to a certain Fe pint. When nis large there is less likelibood of being op a shimp than when it is small, but | unless the stock recovers the speculator still sufers a loss. Sometimes declines are so rapid that aks cannot be sold at stop-order prices. The safest way to buy stocks is to buy outright. T., Pumaveteata, Pa: A good building and loan association is one of the safest concer | which to put one’s savings, Your assoriation bas paid you the money due you and proved that it tas wise to invest in it. You you as to an investment which is “secure and free froma speculation” and yet you have bought shares in two radio companies which are paying 00 divi- and whose stock ies that would be 22,000 are the age real es make a Lberal arket price “Todiana makes a net tetura of barely § per cent. The company is strong and ding and the quotation is discounting the more or less distant future. At the figure you pid Studebaker makes you a 6ne yield It is a geod business man’s investment. Both of your ready advanced and may pe De “f with paying 8 per cent.on the nd 6 per cent. on common. These stocks are fair business men's purchases. HL, Crverssari The Detroit R. R. and Harbor Terminal Co, was set great warebouses located in Det: to railways and the aired by the 20 year Grst mortgage ods are well secured. The 10-year convertible sinking bentures also bave a large The company has a: f operation and its earnings are only esti re looks promising. . Srmactat, N. Y.: You are to be congratu lated on the resumption of dividends on Willys. Overland preferred and the probable payment soon of the arrears. You will eventually lese nothing—except interest on the delayed sums— by your patient holding on to the stock. The outlook ire tbe common sures whch you bold w pow vastly better. Their recent smart advance shows this W. Sax Fraxerco, Cat: Pena Seaboard Steel, with no par value, is quoted at only about 21.30 share. This clearly indicates the com: pany’s dubious outlook. ‘The situation may at some distant date improve, but there is no pres a distinct advance. Pa eck seem to bave a ps eof 81.20 yearly makes only a net yieid, but the company is in ‘@ Snancial condition that it bas called in Il cancel its €9,500,000 outstanding pre- and ferred stock avd still have abundan' Redemption of preferred would gre the position of the common and higher dividend on it Seaboard Airline RR. is enjoying bigh prosperity. It is earning its in terest charges and much more, and the expect is that the preferred dividend must be i before long. Packard and Seaboard Air Line stocks might be held for higher prices. W., Kuasara Fates, Ong: The Pash ys Wigaly Co. bas not emerged from its Gnancial difficulties and its future is still uncertain. Better leave its stocks alone. Neither of the Maxwell Motors stocks has paid dividends, but the company’s earnings bave been such as to foreshadow disbursements on its shares. The A sbares are a preferved issue, and come before the B stock in dividend and assets The company is about to change its name to Chrysler Corp., and to issue new stock for the old shares, A dividend of 8 er eat. is predicted o The C. gon Power Ht piles to pay dividends on pre- ferred but nothing on common. Its bonds or preferred stock would be a good business man's Purchase. New Yous, June 20, 1925. EVERY DOLLAR THAT HAS BECOME DUE ON FIRST MORTGAGE BUILDING BONDS SOLD BY US HAS BE: Send For This Booklet Letit be your guide for safe and sound First Mortgage In- vestments yielding 62% “Investment Op- portunities” con- tains a large and diversified list of choice First Mort- gage Bonds maf- fording you a real opportunity to se- lect the highest grade investments. The safety of bonds backed by well-located land and buildings, duce good income, i: If you are seeking safe inves Call or write for booklet J-199 AMERICAN BOND & Morteace Co. ESTABLISHED 1904 AN OLD RESPONSIBLE HOUSE Capital and Surplus over $6,000,000 127 North Dearborn St., Chicago Chicago Detroit Cleveland Philadelphia EN PAID TO EVERY INVESTOR built wisely, to pro- is unquestioned, tments yielding 62% INCORPORATED 345 Madison Ave., New York Boston And over 30 other cities Free Booklets for Investors The FH. Saith Co. Smith Building, Washing. toa, D. C., makes a special appealein bebalf of its 7 per cent. Grst mortgage real estate bonds to those who are planoing to invest July funds. saith bonds maturing in two to Bites years may be reserved without deposit for thirty days may be bought with aa initial deposit of 10 per ce balance to be paid in ten mocths. Each install ment earns full bood interest. Full information ts aven in booklet 24-1, “Fifty-two Years of Proves Safety.” which the company will mail to any appli cant Booklet 209, issued by the Trust Co. of Flor Mia explains Eve reasons why the « pany’s cheats get_8 per cent salety. company deals in frst mortgage real estate bo paying 8 per ceat., in denominations of 8100, &: 21,000, and purchasable on the arta payee plac. ‘The company will send the booklet to any Fovestor who desires to investigate t tunity SS Ao auth: tive book on real estate bonds bas bea prepared by G. L. Muller, bead of G. L. Muller Forty-second street, New York C es. The ig experi- ders in bis rming booklet * which gives the particu! age real estate secur Strauss Corp., may be obtained by applyi to the Strauss Iavesti . 300 Madison avenue, New York Ci The book describes the v established to ect investors in Strauss bonds. | = comicbooks.com