Judge — August 8, 1925 — page 23: what you’re looking at

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

ould state 1 the that four hich con- bin my nply ons. four nine be ndy: L is any ora ivi- his on ors: associations have lately failed, with liabilities of woe00, This shows. how it is to be cautious as to the ass C,, Syracuse, N in the Burnham nth The company for sev rs sold travagant cla ich repelled At last the concei to grie come the mails to its letters and M, Cuanuestos, W. Va. i made of your refrigerator products company in the statistical books, there are no quotations of its shares, and L have never seen any of its literature. Granting that the corporation is in fegitimate business, 1 contend with many competitors older und possibly stronger, If the corporation was only lat nized. its stoch must be highly speculati would be safer tw select some well known dividen B,, Sanatoaa, ‘The r though far from isied at its full capaci is ‘tll doing @ fair seasonal business. improvement is looked for in the coming cook months, now some of the compat satisfactory shows of earnings. drop in unfilled orders are expected to « the autum ‘The corporation’s condition and outlook are cellent that reports of a probable higher disbursement on common are again cropping up. On recessions it would be prudent for you to add to your hol Western Ui T rate from $7 to $8, It has also been conjectured that something in the nature of a stock di might be declared by the company, ‘This counts for the current market price of the stock. K,, Rotiann, V It is always hazardous for awoman with a slight business experience to under- take speculating in stocks. i such a person meets wit! You ri your money on a very poor class of issues, low- priced, non-dividend payers. Had you put the uu lost into sound real estate bonds, .7 per cent. or 8 per cent., you would to-day have had a neat financial reserve, I suggest that you begin now to put your sa ns into real estate bonds, where they will undoubtedly be safe. You can purchase such secut on the installment plan and receive interest on each partial payment, Study the ad ments in Jupar’s Investment Burean colum: C, Rocnester, N, Y.: ‘The stocks of most of the New York City banks are attractive and rea- sonably safe purchases. ‘Their yields on. market price are not very high, and the quotations are more or less in‘uenced by the prospects of in creased dividend rates or melon cutting, Amony the issues ing at less than $200 are the fullow- ing: Bank of the Manhattan Co., recent quotation $197, Hamilton Bank $190, Cosmopolitan $180, J, Sratvarren, Tun: It as impossible to fore- t action the Interstate Commerce Com: n take on the proposal for incre freight rates on the railroads of the Northw ‘The roads complain: that they are ae rece! the same proportional pay as lines in other sections of the country. They allege unprofitable freight were one cause of the St. Paul's bankruptcy. An increase of 5 per cent. would apparently suit the companies. Their claim that local taxation is excessive seems well established. Perhaps they will some day be given fairer treatment in respect to taxes. It would seem better to hold your Northern Pacific stock a little longer than to sell it at a loss, R., New Ha Conn; ‘The case of the Amer- ican’ Woolen Co, is very fiir from hopeless. Earn- ings during the first half of the year improved fciently to more than cover expenses. The was more than checked and seemingly the worst is over. ‘The company is paying its 7 per cent. preferred dividend and the bettered outlook has given a firmer tone to the common ‘hares, Harrrorp, Cony.: The Commonwealth Finance Corporation has had many troubles and these lately inated in the filing by certain creditors of a petition in bankruptcy. . The claims Presented aggregated $164,000, which it was alleged was only a part of the indebtedness. ‘The amount of the assets was not stated. The U. S. Metal Cap & Seal Co, seems to be still in existence though making no profits for stockholders. A. Rocnrater, N. Y.: American Car and Foundry’s net earnings for the last fiscal year were somewhat less than in the previous year, but not enough so to impair the compa: ion, The dividend on common was earned with something to spare. The company has not had to touch the $10,000,000 dividend reserve established years ago. ‘The main business of the company is the building of railroud cars, but. it has branched out into various other profitable lines. ‘The new no par common stock is yielding less than 6 per cent. on recent market price, but is highly regarded because of the company’s strength and solidit; D. Evanr, Mic Stewart Warner seems to have about earned its yearly dividend in. the first half of this year. Besidi regular business the company has ¢ in radio manufacturing, with the prospect that from this source alone present dividend requirements can be met. Its new departure makes Stewart Warner less depend- 65 Words that tell how to invest wisely “I FouND that 6% out of every 10 new Miller Bonds are bought by old customers of the Miller House,” said a well- known manufacturer. “Repeat sales in my business are only 3 out of 10.” “That was argument enough for me, | have purchased three 1920 1921 15% 50%, 25% 0% 1920 1924 The chart above shows the increase in the per cent of Miller Bonds bought each year by old customers of the House of G. L. Miller & Company. The period covered is the last five 1922 1923 1924 1 times since the first of the year, and Miller Bonds now repre- sent a substantial part of my tond holdings.” Write for Booklet 108, which fully describes Miller Bonds paying up to 7% interest. Federal income tax refunded. 100% 15% 50% 25% 0% 1922 1925 1924 years of the company's long existence. This chart clearly shows the increas- ing satisfaction of Miller bondholders with their investment and dealings with G. L, Miller & Co., Inc, G.L.MILLER & CO. INCORPORATED 30 East 42nd Street, New York City NO INVESTOR EVER LOST A DOLLAR IN MILLER worttics BONDS ent on the automobile industry. been expressed of an increase in the dit 5 which would of course fend to advance the price of the stock, G., Prerspurau, Pa.: ‘The great advance in the price of crude rubber has caused higher quo: ns for the rubber stocks, not all of which are Companies having large inventories of crude rubber bought. much below current. price @ decidedly by the higher prices they can now ask for their produ Concerns which were caught with short supplies of crude are not profiting greatly from the enhanced value of their finished goods. ‘The U. S. Rubber Co. is for- tunately placed, for st has plantations of its own which are supplying about one-third of its crude rubber needs at low cost. The rise in this com- pany’s shares has been well justified, but it may have largely discounted the possibilities of the stocks. New York, August 1, 1925. Free Booklets for Investors A new booklet, “2% to 4% E: ” has been issued by the Trust Company of Florida, Miami, Fla. It shows how great an advantage accrues in ten years to an investor who gets 8 per cent. yearly instead of 6 per cent. It gives as an example an investment of $25,000 in Florida 8 per cent. first mortgage real estate bonds. How this was done is made clear in charts and tables. ‘The ‘Trust Company will mail a copy of this booklet (212) to any applicant, ‘The Southern Bond & Mortgage Co., Room 500, Ralston Bldg., Miami, Fla., will id to any address its free booklet on 8 per cent. investments in Miami. The high rate mentioned is yielded by the company’s first mortgage real’ estate bonds based on income producing property. i Miami, which claims to be the fastest grow’ city in the United States. ‘The bonds are in denominations of $100 and upwards. Interest is pad two weeks in advance. The bonds may be ught on partial payments on which 8 per cent. willbe paid. For would-be investors who do not really know the factors that deter the safety of securities, the Strauss Corporation, with offices,in the prin- cipal cities, Has prepered a booklet, “How to Analyze a First Mortgage Bond.” f copy of this little financial manual, write for J-725 to the Strauss Investing Corpor 300 Madison avenue, New York, What Makes a Bond Safe EFORE You buy Bonds do you Analyze the con- templated investment? Do you really know the factors that de- termine the safety of any First Mortgage Real Estate Bond? This booklet. “How To Analyze A First Mortgage Bond” will show you how to accurately determine the relative value of each contemplated invest- ment. Mail] the coupon—Today! THE STRAUSS CORPORATION Offices in Principal Cities NEW YORK: Strauss INVESTING CoRPORATION COUPONes: STRAUSS INVESTING CORPORATION 300 Madison Avenue NEW YORK CITY Please send me without obligation your Book- Jet “How to Analyze a First Mortgage Bond” Name. Addresa_———_________ comicbooks.com