Judge — October 31, 1925 — page 25: what you’re looking at

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

; 1 : , J it would be prudent to do so, although the stock go higher. The Penna. Power & Light Co. 7s have merit and are a good business man's in- yestment. The American Beet Sugar Co. has made a first-rate come-back, and is able to pay a Gividend on common as well as on_ preferred. ‘American Sugar preferred is one of the best of the sugar issues and is paying its dividend of 7 per cent. handily. Pressed Steel preferred is an ex- fellent business man's purchase. It sells con- siderably below par because the company has not fully sulgrown its adversity of some years ago. Quite a number of attractive 7 per cent. preferred stocks are selling below par, The U. S. Rubber Co. is prosperous and its 734 per cent. bonds are reasonably safe, R.,, Sacramento, Cau.: The French Internal Loan 53 are payable in francs, now greatly de- preciated. The French Government's financial condition is still Leg unsettled, and if the franc eventually does not lose all value it may possib! be revalued in gold at a low figure. France n to raise much more money by taxation in order to balance her budget, and to restrict and reduce her jue of paper. money, if she is to come through her financial difficulties safely. The future of the Internal Loan 5s is as yet uncertain and it cannot be foreseen whether it is better to hold or to sell. K., Reapina, Pa.: In the present condition of the oil industry Superior Oil is not an inviting speculation. It is a low priced non-dividend payer and it is far safer for you to invest in a higher priced issue paying dividends. At this time it would seen very unwise to risk any money on the shares of The Middle States Oil Corporation, whose affairs are still in confusion. B., New York Crry: In the opinion of a lead- thority on mines expressed in deat) the Idaho fine was a promising piece of property. Taux dvices are that the State Mine Inspector uestioned the merits of the project and ized the methods of its promoters. The promoters are suing him because of his adverse statements. The mine seems to ,be still in the development stage and until this” suit is decided the stock should be left alone. Congoleum Nairn promises to have sufficient earnings to main- tain its present dividend rate. T., La Granae, Ga.:| The Empire Gas and Fuel’ Company is a subsidiary of the prosperous Cities Service Company and its preferred stock is, as you suggest, a fair “business man’s invest- ment.” The prosperity of General Motors has been increasing, and it added an extra to its latest quar- terly disbursement. A higher regular dividend rate is expected, and although the common stock’s price is a few points above $100, there still seems to be long pull possibilities for the shares. The Standard Oil Co. of Indiana's yearly return of os been outrun by the market price of the stock. You paid too much for your holdings. Although you would lose about 85 per share from your purchase price, it might in the end pay you to dispose of your Standard Oil of Indiana shares and buy instead American Steel Foundries common yielding ittle over 7 per cent. on the market re, with fair prospects of a price advance. case with your ‘Texas Company's shares is END your money to Florida and get 8%. The gain over 5% or 6% on other securities or over 4% ordinary bank interest will pay you liberally even on a modest invest- ment. There are five distinct rea- sons why you can get 8% safely on First Mortgage Bonds offered by the Trust Company of Florida. In- vestigate! Send for free booklet. Invest in Florida at 8% $100, $500 and $1,000 Bonds Partial Payments Arranged Write to, ‘Tkust ComPANY or FLORIDA Paid-in Capital and Surplus $00,000 MIAMI @ FLORIDA I want to know Florida’s five reasons for 8% and safety. NAME roosssseeerreeee Street ........ City... more in your favor, but even there you might improve your position by switching to Steel Foundri ‘Texas Company, however, is a pretty oil company to stick to. _ N., Denver, Coto.: It is impossible for me to post myself on the merits of individual proper- ties securing first mortgage real estate bonds. There are too many thousands of such properties. T have to rely on the reputation and character of the bond selling companies which handle the bonds. ‘The bonds you mention may be perfectly safe, but I don’t know what company is offering them to the Fees R,, Hotroxe, Mass.; The Mineral Mountain Mining Company, whose stock has the low par value of 10 cents does not soe to have made much progress in the more than twenty years of its existence. My advices show that the property is still in the development stage. U., Granrre Crry, Int. Bangor and Aroostook R. R. Company has a very creditable dividend record, and its 7 pet preferred stock is an inviting business man’ estment. The National Enameling and Stamping Company's 7 per cent. prefer is not a gilt issue but looks reasonably safe S., Livonta, 5 Paul Vitek was apparently a wild enthusiast on the subject of oil rather than a mere faker. His plans fell through because he undertook too much. He evidently had spent all the money he had received from stockholders and was forced to sell out for what he could get. He had a legal right to do that. The muddle in the affairs of the Middle States Oil Corporation has made almost worthless the stock given in exchange for the Vitek shares. re seems to be no i itek, Efforts are being made to put the Middle States Oil Corp. Its feet again. If these succeed Southern States Oil may some day have some value. S., Campen, N. J.: Durant Motor stock seems still to be a long distance from dividends. The company’s future is not certain. I do not advise purel of its stock. It was lately quoted at 4815 per share. It would be wiser for you to buy Continental Motors, paying 80 cents ‘and selling at about 811, M., Benton Harsor, Micu.: La Salle Exten- sion University paid a’stock dividend of 10 per cent, in October on its common stock (par $10, regular dividend 6 per cent.). ‘The University’s 7 cent. preferred stock (par $100) is a meritorious uusiness man’s inyestment. Paavevpnta, | Pa.: Studebaker n is one of the leading and prospering bile manufacturing concerns and its stocks have much merit. The common Tisen con- iderably of late, possibl discounting a hoped for increase in dividend. The Hupp Motor Com- pany’ shares advanced recently on reported large earnings and rumors that the dividend would be increased. The company is doing well but is not so strong as Studebaker. 0., N. Y. Crry:_ For a widow the 63 per cent., 7 per cent., or 8 per cent. first mortgage real estate bonds advertised in Jupor are preferable investments. It is safer for a woman to avoid the issues of local and obscure concerns and to buy sound real estate bonds, or the preferred stocks of strong dividend paying companies. New York, October 24, 1925. Free Booklets for Investors On a capital and surplus of over $7,000,000 and an honorable business record of twenty-one years, the American Bond and Mortgage Company bases a claim of responsibility and an appeal to the con- fidence of conservative investors. The company will send to any applicant literature describing safe 614 per cent. first mortgage real estate bonds. ‘Those interested may write to the company at 127 N. Dearborn street, Chicago, or $45 Madison avenue, N. Y. City for descriptive literature J-213. A folder which should be useful to intending investors entitled, “How to Analyze a First Mort- gage Bond,” has been issued by the Strauss Cor- ration, distributor of first mortgage real estate nds. The folder serves as a guide in measuring both present holdings and contemplated purchases. Copies of it may be secured by writing to the Strauss Investing Corporation, 300 Madison avenue, N. y. The prevailing ‘egal interest rate in Florida being 8 per cent., the Filer-Cleaveland Company, 2510 Bedford Building, -Miami, Fla., is able to offer 8 per cent. first mort; teal estate bonds. based on income-producing business properties in Miami, the “Concrete City.” The properties are inde- ndently appraised at twice the amounts of the [oans.” ‘The company on request. will ‘mail ‘its booklet “8% and Safety,” giving complete details. The new booklet, “2% to 4% Extra,” which is being sent out by the Trust Company of Florida, Miami, Fla., among other things tells how $25,000 invested in Florida 8 per cent. first mortgage real estate bonds produced in ten years 71.8 cent. more income than the same sum invested at 6 per cent Smaller sums shoutd produce proportionate results. Investors desiring to Took into this gpportunity should apply to the company for the 3 The question of whether a man can trade for both an up.and a down profit on the same stock, and also other questions of interest, are answered in booklet J, which may be obtained from Paul Kaye, 149 Broadway, N. Y. Ci “What shall I do?” Buy, sell or hold? ... The greatest bull market in thirty years! Each day sees marked advances. Stocks and bonds have climbed to new high levels. Where and when are they going to stop? ¢ + Perhaps history will repeat itself. If it does, there will likely be a violent decline. Profits may be wiped out over- night. How can the careful speculator as well as the con- servative investor turn present market conditions to advantage and at the same time protect in- vestments from possible loss? What should be done? Let the Miller Analytical Department answer your question A booklet prepared by the Miller Analytical Department shows you how to make a good profit in this market and strengthen your investment position... . “Buy, Sell or Hold?” is the name of this in- teresting, free booklet which contains views and advice of leading authorities on market and business conditions. Send for it today. Now is the best time to clip this coupon. It will not obligate you in any way. R & COMP. 42np Street, New York City [fa Booklet 111 ] | . | Please send me your free booklet, “Buy, Sell or Hold?”"—a review of present market conditions by prominent authorities.