Judge — September 19, 1925 — page 25: what you’re looking at

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

: ‘ i 1 , chases for anybody, and especially for a woman, Why wait for years in uncertainty when sound issues paying dividends can be bought? ‘The safest investment for your $500 is a good 644, 7 or 8 per cent. first mortgage reai estate bond. C., Fiusnina, N. Y.: Paige Detroit Motor Co. is one of the prospering concerns in its line and is paying $1.40 on its common stock or nearly 7 per cent. on recent market price. The dividend was lately in from 30 cents quarterly to 40 cents. A better investment would be Dodge Bros pfd. paying 7 per cent. and quoted at about 83. R., Nasuvite, Tenn.: Union Pacific and Can- adian Pacific are both great railroad systems. ‘They lie far apart but have some features in com- mon. They run through unlike territories great portions of which are as yet thinly peopled, but promise some day to yield immense amounts of ing freight.’ Canadian Pacific has shipping Eeidlaries which help. it materially and whi Union Pacific lacks. The earning power of the two systems enables them to pay $10 yearly dividends. The market value of their st holds to nearly the same level. Canadian earnings last year were less than in 192 they have not been bumper so far, this ‘year. UP, stock, all things considered, is quite as de- sirable as your Montreal cousin’s C. P. shares. E., Reabina, Pa.: Bond houses of good stand- ing thoroughly investigate real estate issues before sponsoring them. You can get first-class 6}4 per cent. or 7 per cent. first mortgage real estate bonds from houses advertising in these columns. 0.: Studebaker common stock has no par valu on a $4 annual dividend basis and makes a yield on the market price of nearly 9 per cent. The company’s earnings are ample to maintain its dividends and it is a strong concern with a very favorable outlook. W., San Francisco, Cau.: Continental Motors has already recovered a portion of its late decline, which was due mainly to market conditions. Indications are that it will get back to your pur- chase price, for reports of its business and its pros- pects are encouraging. You are getting an ex- cellent return on your investment and it is better to hold the shares to sell ata loss. K,, Rock Sprixas, Wro.: The Flint Motor Co. is one of the many still uncertain Durant pro- je There is little or no market for Flint stock, tt is not listed and is not active “over the counter.’ L, Hattrax, Va.: The stock of the Gold Dust Corp. is still a speculation, paying no dividends, although quoted lately at over $42 a share. The Seen ee ete GS veer and selling ‘oundries ie yearly and selling points lower than Gold Dust, are a better H., Mrvearouis, Mrvn.: Botany Consoli- dated Mills, Inc., organized early in 1924, acquired going concerns and was able a few months ago to Ret the class A shares on a $4 dividend looks likely to be maintained but it cannot be foreseen when the earnings will permit dividends on common and equal participation in these (up to 7 per cent.) by the Bid. 2 __L, Ontent, N. Y.: International Petroleum’s investment possibilities are long pull and not immediate. in spite of its control of large prop- erties in Mexico and South America, its dividend returns have so far been very small. total return last year was only fifty cents. The quo- tation of about $24 for the stock is therefore ex- tremely high, Better purchases of oil stocks are Union Oil of Cal., White Eagle Oil, Texas Co., Phillips Pet., and Pure Oil. K,, Bats, Mz.: Both Famous Players and ord Gulf Sulphur, companies ae ha sate rs mucl ity and are paying liberal dividends. ‘Their Stocks have advanced to points which seem largely to discount their future, yet they still make excellent Yields ‘on market ices, Baltimore & common stock, paying 5 yearly and selling a about $80, has abor {reached the peak warranted by its present return. ., Minneapotis, Mrnn.: Great Northern R. R. 7 tandard Gas & Electric 6s and the 6 per cent, 7 per cent. and 8 per cent., first mort- gage real estate bonds sold by leading houses and advertised in JupcE are among the desirable bond issues. Among meritorious stocks are Union Pacific R. R. common, Atchison R. R. common, New York Central R. R., U. S. Steel common an fd., American Steel Foundries and Dodge Bros. Pi R., Sr. Louis, Mo.: Packard Motor Co. is in @ strong financial and statistical position. The retirement of the pfd. stock and the absence of a funded debt, coupled with fine earnings, make in- creased dividends on and a higher price for the only remaining issue very profitable. Stocks of merit with chances of a speculative rise include Dodge Bros., pfd., Amer. Stee] Foundries common, General Motors common, Wabash R. R. pfd. A, Crucible Steel pfd. and West Penn. ott. V., Moserty, Mo.: The Evergreen Mines Co. of Apex, Col., was incorporated in 1914, succeeding another company which apparently was not sic- ful. Ne production figures are available. iy advices do not indicate dae he ete = made good as yet, although i plent af time to\do so.” 1 do not advise purchase’ of iis C., Watertown, N. Y.: I am not posted in detail on the boom in Florida lands. general im tion is that the boom is bound to continue with lessening force for 2 few years longer. some localities prices no doubt have reached their Peal, while in others the best are to come. Florida is as yet developed comparatively little and there are great opportunities there for capital and enterprise. : re H., Cuaraam, Va.: The safest bonds yielding 7 ands er sent. are the first mortgage real estate issues. There are certain foreign bonds making high yields on market price, but they are not so desirable for the average investor as American nds. Bros. 7 per cent. preferred stock, selling around 88, is one of the best business men’s investment on the list. Among the railroad issues ial merit and yield include U.S. Steel, Allis- Chalmers, Studebaker, American Steel Foundries, all of which appear to have some distance yet to go in earnings and price. The Seaboard Air Line stocks have lately been adynacing on the bright Prospects of the road, though they are not as ae dividend payers and are still speculations. Kel- vinator and Serv-el are still unseasoned but have considerable promise and may be bought as good semi-speculatives. By diversifying your chases you can invest your $4,000 to excellent Automatic Centrifugal awes and almost pony the reader with the glowing prospects set forth. A company owning a device for which so much is claimed should not need to offer its shares to the general public at so low a figure as $10 (on partial payments if desired). big industries concerned, if convinced of the efficiency of the machine, would hasten to subscribe for the stock at $100 par value, and to an aggregate vastly greater than one million dollars. Before buying any of the stock consult some sugar com- pany’s officials as to the practical nature of the new machines, and also officials of some of the other industries mentioned in the circulars. Even if the invention is thoroughly meritorious, the company is a new concern, still in the stock selling stage, with no absolute certainty of making ool, It is usually a hard and long task to make a commercial success of even a first-class patented article. The stock of the Automatic Centrifugal Company is a speculation, not an investment. R., Boston, Mass.: The recent strength of railroad issues’ was due to the greatly improved earnings of the systems concerned. The trans- Portation industry generally is riencing a igh degree of prosperity. The Eastern and Southern lines and many of the Western lines are satisfied with present conditions. The North- western roads, however, are not so well favored by circumstances. ‘They are seeking an advance in freight rates, which may possibly be granted. Car loadings on the various roads have shown weekly aggregates of over 1,000,000, for many weeks this summer, and the best part of the year for railroads is coming. Profits for the class 1 railroads may equal those of 1916. There must, however, still be a very large increase in revenues before the leading carriers earn the fair return of 534 per cent. on property valuation specified in the Transportation Act. The prominent rails have reached high levels, but their net returns are good enough to add more shares to your investment list. New Yors, September 12, 1925. Free Booklets for Investors A chart has been prepared by G. L. Miller & Co., 80 East Forty-second street, New York City, as a “life line” guide for investors. It shows that during the last five years sales of Miller first mortgage real estate bonds have mounted on the average 100 per cent. each year. The company ascribes this remarkable growth to the fact that the bonds are secured by independently ‘appraised office, hotel and apartment buildings, pay interest up to 7 per cent. with various tax refunds, and have their genuineness certified by banks. By payment of a inoderate premium investors can have these bonds as to both principal and interest. For luller information about Miller securities write to the company for booklet 109. The large increase in both capital and interest which results from investing money at 8 per cent., instead of 6 per cent., is shown in one of the charts and tables contained in a new booklet issued by the Trust Co. of Florida, Miamia, Fla. This booklet (215) is entitled “2 Per Cent. to 4 Per Cent. Extra,” and sets forth the merits of the company’s 8 per, cent. first mortgage real estate bonds. investors who desire to buy sound securities in small or large lots on partial payments can do so through the old-established house of James M. Leopold & Co., members of the New York Stock Exchange, 7 Wall street, New York City, Ask the company to send booklet L-7 explaining its plan and terms. The Strauss Corp., with offices in the principal cities, gives out this good advice: “Before you in- vest, get all the facts.” The corporation em- shasizes the need of looking below the surface and Tacoma to analyze investments. To aid investors in this task the corporation has prepared a lesson on bond buying entitled, “How to Anal a First Mortgage ‘Real Estate Bond.” It tells what to insist on in investments. For a copy of this book- let apply for J-95 to the Strauss Tovesting Corpora- tion, $00 Madison avenue, New York City. eT | Safeguarded Security STRAUSS Bonds are secur- ed by a first mortgage on income producing properties which have been conserva- tively and independently appraised. THE Earnings of the pro- perty behind every Strauss Bond Issue is always at least two and one-half times greater than the annual interest charges—always con- siderably more than enough to assure prompt payment of both interest and principal when it becomes due. EVERY step in the Strauss procedure is guided by the established standards of safe- ty. Safety comes first. Due to the high yield and the safety of Strauss Bonds— conserva- tive investors are turning to this convenient and profitable type of investment. Write today for your copy of “The Strauss Type of Bond’ booklet—mailed free on request. THE STRAUSS CORPORATION Offices in Principal Cities NEW YORK: Strauss Investing Corporacion 300 Madison Avenue | seeeseeeesessnss COUPON tessees Strauss Investing Corporation 300 Madison Avenue NEW YORK CITY J-919 Please gend me without obligation copy of The Strauss Type of Bond” booklet. Name Address City - $$$$$$$H$$S$$ are mighty good friends If the Judge Investment Bureau can give you any help in safely investing them, the pleasure is all ours. Address Investment Bureau Judge 627 West 43d Street, New York comicbooks.com