Judge — October 3, 1925 — page 21: what you’re looking at

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

— ilk Hosiery Mills was incorporated in Bee Rosle and paid its initial dividend January 1, 1924, paying a total in that year of $8. Standard Gil of Indiana has merit, but makes only a moderate return on price. . EOIE, Ps.: I do not advise you to add tofvour holdings inthe Central Copper Co, of ‘Arizona. The company’s appeal to stockholders for another million dollars is a little surprising. Rrtew months ago an Arizona mining engineer Gcsured me that the company had abundant funds. The president talks of beginning produc- funds. on. Why, not immediately if there is real ter in the mine? Prominent mining authorities fave expressed doubt of there being a paying of ore on the property. The company has sold millions of dollars of stock and have supposedly been digsing aay for years, but without profits Oil Co. has been in oj nn for several years and has never paid a dividend on common. stock. ‘There is certainly nothing in this stock to make it attractive either as an investment or a speculation. Continental Oil Co. is a Mutual Oil subsidiary. It appears to be a prospering concern, but the stock around $24 is priced too high for its dividend of 81. Moderate common dividends are being paid by the Centrifugal Pipe Corp., but they have come out of depreciation and reserve funds. The situa- tion may be changed for the better if as the presi- dent of the company hopes, business will improve this year. All the above issues are speculative. _ J, Monson, Me.: ~The Algoma Stee! Corpora- tion'is a subsidiary of the Lake Superior Corpora- tion. It has big plants and extensive holdings and seems well equipped for successful business. It appears to have gone through a period of de- beg stockholders. It would be wiser for you pression which accounts for the Tow price of its . i {0 put your surplus money into a good dividend nds. The bonds are guaranteed by the Lake Here is the payer than to buy any more Central Copper stock. Superior Corporation and with Algoma’s improved one C, Gmazp, "Kans ‘The moderate decline in Prospects these securities are at least a good A . . ” all ficott-Johnson was only one feature of a speculative purchase at $225 for a 100-pound bond. “cc Endi y n nid I slump. ‘The stock has nearly recovered Supposedly, the Montreal quotation means 35 iller 1fe-line its loss and should before long get back to your Per cent. of the par value of the bonds. Figured purchase pace. ‘The company’ s gagnings Aad — ca a Pat value in Amcicen mopey of shout aus f a tis fie d were substantially increased during the last market price in Montreal is equivalent to a Wi onths and the stock ia sound busiscas man's little over $170, so that the Boston firm is asking or s in- investment. Montgomery Ward common stock rather too much. a Actin deh é . had a considerable advance on the stren; iy Newark, N. J.: American ‘rance Co. eir te ciated business and promos of resusiption is doing an excellent business, Its stock is on @ customers It ol dividends. ‘The A stock arrears will probably 81 basis, making a good yield on its low pri be paid up soon, and returns on the common ‘The Fageol Motor Co. reports earning its preferred ‘5 es may begin early next year. Whether or not dividend several times over. It has not yet de- THE increase in sales to old , the stock is selling sufficiently high depends upon clared a dividend on common, but it could. Hupp ht the coming rate of dividend on the common and Motor stock pays $1 yearly and is a fair purchase. customers shown on the chart Id realizing of present bright prospects. The Fleisch- Moon Motor makes a return of 83 and is a good . zs 3 ann Co.'s stock has had'a very large advance of business man’s investment. ‘The Reo Motor Co. above is but one important of late owing to increased ‘earnings an expectation Pays 80c with extras and its earnings seem to assure « that company wil e more generous dis- continuance of this return. io stocks whicl 1 Is bursements The resent dividen yamakes a you mention are highly speculative and I da not re- reason for you to consider small yield on market price, and the Jatter may comment ‘ir purchase. Warner Brothers Pictures ° ° . baye counted fny probable dividend increase, pays go and cling high enoaghor ta atedend, Miller Bonds as a wise in- |, New Onveans, La.: ¢ Transcontinental w, Inc., ing $2,50, is a moderately good business man's purchase, " Anaconda Copper with vestment. Remember that its 88 dividend yields well on market price. Briggs : " Manufacturing reports expanding business and while sales have grown, a disburses $3.50 to stockholders. Electric Power : o & Light common pays no dividend, but the, pre- capital and surplus have also ly ferred pays 7 per cent. Cluett, Peabody Co. is be a successful concern paying 5 per cent. on common grown—on the average of 25 and 1 ber cent. on pfd. Paes Pary ia a semi E. ulative issue paying $2 a year. Pennsylvania bs E.R. is one of the Strong caries and its dividend 100 per cent each year. Each is 6 per cent. on par . I cannot foresee : * : id future p ie of fhe ahoveramed ites issue of Miller Bonds is se- +» CLEVELAND, é jational cme is slowly = O working out of the quagmire of deficits of past cured by a first mortgage on ne years, which incited a drastic reduction in, its ° rae He capital stock. There is no likelihood of big earnings an independently appraise 4 and resumption of dividends for some time to come. eet r Purchase of additional shares at this time is not office building, hotel or apart- he to be recommended. If you want to even up for 10 YEARS “Safeguarded Security” STRAUSS Long Term First | Mortgage Real Estate Gold | Bonds assures the investor a ' geturn of 7% on his invest- | ment for a period of 10 to you had better do so by buying a good sound dividend payer. Why purchase poor and uncer- tain issues when you can at once get returns on your money? R., Warren, O.: The Trumbull Steel Co. has a record of expansion and success, and the common is paying a dividend of $1.40. The stock is a fair business’ man’s purchase. Plans were recently announced for a merger of Trumbull with several other companies. If this occurs it will naturally affect the position of the stock. New York, September 26, 1925. ment structure. Interest up to 7 per cent. Normal federal income tax refunded. Various state taxes refunded or paid. Genuineness of each bond i 12 years, Free Booklet for Investors certified by a bank. Denomi- 3 ‘The Filg-Cleveland Company, 2300 Bediord nations—$100, $500, $1000. is These Bonds Possess every pore eer $100 £81,000 enomination, Bonds with an unconditional : Strauss — and in addi- fev Miamt the "Cyne Cy" The’ gmnany guarantee of principal and 0 tion offer the bond buyer an erence ei imei interest, available if desired. increasing margin of safety the bonds are backed by real esate worth twice Tete rane , it u and al rt - : as bonds near maturity. guarded. The company on request will send a pay y‘ mcrou - cong of this gokiet to ary. interested investor. more about investing in 5 . be ‘Trust Company of Florida, Miami, Fla. : 1 : E STRAUSS calls attention to the fact that Florida offers in: Miller Bonds and descrip- : : 1 j CORPORATION Offices in Principal Cities NEW YORK: Strauss Investing Corporation 300 Madison Avenue sneue.sucensesssCQU PONsseessnccsesscens Strauss Investing Corporation 300 Madison Avenue NEW YORK CITY Send_me without obligation, Descrip- tive Circular J-103. Name vestors $300 more income on an 8 per cent. $1,000 15- bond than on a 6 per cent. security. ‘This is all made clear in the company’s booklet (which will be sent to any applicant) setting forth Florida’s five reasons for 8 per cent. and safety, and showing that the difference between 534 per cent. and 8 per cent. is a matter of geography rather than of varying degrees of fundamental fety. ‘Under the popular partial payment plan, James M. Leopold & Co., members of the New York Stock Exchange, 7 Wall street, New York City, are prepared to supply investors with small or large lots of good securities. The company will mail its explanatory booklet L-7 to any address. The Strauss Corporation announces that its bonds are secured by first mortgages on income producing, independently appraised properties which yield 244 times interest requirements and much more than enough to make payments of interest and principal when they fall due. Conservative investors desiring safety and high ‘ield are invited to send for the corporation's Booklet, (J-019), “The Strauss Type of Bond tions of current offerings pay- ing interest up to 7 per cent. Write for Booklet 110. G.L. MILLER & CO. tnconvonaten 30 East 42nd Street, New York City NO INVESTOR EVER LOST A DOLLAR IN MILLER FIRST MORTGAGE BONDS to the Strauss Investing Corporation, $00 Madi venue, New York Ci comicbooks.com