Judge — November 14, 1925 — page 23: what you’re looking at

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

regular! is stock is an attractive business regularly and ise common is sill speculative, ‘M., Muskoare, Oxus.: The Cities’ Service Company is one of the most prosperous public utility and oil progucing corporations in the couniry, Its stocks have a rating and each $n dividend payer. ‘The pid. stock is, of course, the safer issue. Speculation is an uncertain thing, and nobody can forsee ‘whether it will pay or not. ‘These stocks should be bought outright. K. Pepro Micvet, Canat Zone: The credit of the young Republic of Finland is fair and that St the Kingdom of Norway is excellent. The ex- ternal loan bonds of both nations are reasonably safe, those of Norway being the safer. : ‘0, Urica, N. Y.: The Gibson Oil Corporation stock is dealt in on the New York Curb Exchange but the low price (about $2.50) does not indicate much merit or possibility. Cheap non-dividend oil or mining stocks are among the poorest pur- i market. chases Dayton, O.: Standard Power and Light Co. is a subsidiary of the successful Standard Gas and Electric Co., and its 7, per cent. pfd. stock is ‘a satisfactory business man’s investment. ; K., Natcuez, Miss.: You are unnecessarily worried about the “bursting of the Florida real estate bubble.” ‘That is a considerable distance away, if it occurs at all. The hotel bonds you own are apparently sound securities. 7 D., San Dreco, Cal Most cheap oil stocks are neither good investments nor good speculations, STRAUSS FIRST MORTGAGE 63” GOLD BONDS| for Safe Investment STRAUSS Bonds are First Mortgage Real Es- tate Bonds, secured by di- rect, closed First Mortgage on income-producing property, located where values are sound and stable. This present 642% Offer- ing willbefound to possess every feature the conserv- ative Investor demands in the selection of his invest- ments. Send coupon for Descrip- tive Folder J-114. THE STRAUSs | CORPORATION 9th Floor Penobscot Building DETROIT, MICH. Hellman Bank Building LOS ANGELES, CAL. NEW YORK: Strauss Investing Corporation 300 Madison Avenue s2+2------ COUPON -- - Strauss Investing Corporation 300 Madison Avenue NEW YORK CITY Please send me without obligation your Circular J-114. S—_= ee epee ET ere Tal bat only gam It is safer for you to buy some wellknown dividend paying oil stock such as Pacific Oil, California Petroleum, Union Oil of California, or Pan American Western pfd, » Germantown, Pa,: Congoleum Nairn declined materially after the reduction of the dividend from $3 to 82, due to falling off in earnings. The shares have since recovered several pad on favorable reports of the company’s usiness. They are a fair business man’s pur ,. F., Compertanp, Mp: The Imperial Oil Company is controlled by the Standard Oil Com- pany of New Jersey. It has been prosperous and it has a record of years of liberal dividend pay- ments. In January, 1925, the company changed its capitalization raising the number of shares from 2,000,000 shares (par $25) to 8,000,000 shares of no par value. Four new of stock were given to stockholders for each share of old stock. Naturally the market price per share fell accord- ingly. its increased number of shares the company is paying 81 yearly which is very low on current quotation. 3., DERRY, : The Seaboard-All Florida cent. bonds are guaranteed by the Seaboard ine R.R. Company which is experiencing much prosperity. ‘The guarantee gives the bonds the yalue and standing of a good business man’s invest- ment. ‘They are reasonably safe. R., Buxinas, Mont.: ‘The Southern Invest- ment Corporation's offer to sell various German bonds of the face value of 2,000,000 marks for $10 looks like an attempt to unload a mass of worthless issues on unsophisticated people. These bonds are apparently payable, principal and interest, in the old German paper marks which now have no value. The bonds, nominally worth 2,000,000 marks, are not worth 10 cents in American money, much ‘less $10, There is no prospect of their “coming back” and the broker’s intimations of such a thing are utterly extravagant. They admit that their scheme is only a gamble. If there were any real speculative chance in it men of capital would make haste to lay hold of the bonds, This specious and deluding proposition should be left severely alone, J., Jerome, Aniz.: On the strength of their latest quarterly dividends, Ahumada Lead i entitled to sell higher than Erupcion Mining, Abumada’s payment was 25 cents of which 1734 cents was extra; Erupcion’s payment was 15 cents of which 7}4 cents was extra. I have no statement of Erupcion’s earnings or its ore reserves, but Ahumada production and profits for the second uarter of this year were nearly double those of the first quarter. . P., Brooxiyn, N. Y.: The General Electric Corporation is a powerful and highly prosperous concern. Its ok selling very high for its present dividend ($8) because of expectations of a more liberal disbursement. The Studebaker Corporation is among the leaders of the automo- bile industry, reports heavy earnings, and is ex- Pected to increase its dividend on common. |The common has had a sharp advance lately and this may have partly discounted the increase. The Certainteed Products Corporation has con- siderably bettered its condition during the past year and has resumed dividends of $4 on its com- mon stock. The first and second preferred stocks are each paying $7 annually. From these facts you will perceive that these issues all have merit ‘and are good purchases for a business man. S., Carcotan, Oxua.: I cannot definitely answer your questions regarding the German bonds your letter mentions. The bond situation in rmany has ime a regular muddle and people in this country who expect to make money in the worthless or nearly worthless issues are apt to be badly bitten. It would’ be wiser for you not to heed the extravagant assertions of brokers dealing in these issues and to leave them alone. New York, November, 7, 1925. Free Booklets for Investors The need of scrutinizing investments carefully, to get at their real worth, has prompted the Strauss Corporation, Penobscot ‘Building, Detroit, Mich., to issue a booklet on bond buying. It is entitled “How to Analyze a First Mort, Real Estate Bond,” and it tells plainly what the investor should insist on in the purcl he makes. copy of this booklet (J-031) may be obtained by writing to the Strauss Investing Corporation, 300 Madison Avenue, New York City. It is now generally known that 8 per cent. can legally be secured by investments in Florida. A booklet giving five reasons why 8 per cent. can be safely got on first mortgage real estate bonds has been prepared by the Trust Company of Florida, Miami, Fla. ‘The company deals in such bonds, denominations $100, $500 and $1,000, and buyers may have them on partial payments. ‘The company will mail its booklet to any applicant. The greatest bull market in thirty years being now in full swing on the exchanges, with all the rils and uncertainties which attend wild specu- tion, the Miller Analytical Department has prepared a booklet which shows how to make a good profit in this market and to strengthen one’s investment position. This little publication is called “Buy, Sell or Hold?” It contains the views and advice of leading authorities on market and business conditions. For a copy of this interesting review of the market situation send for booklet 111 to G, L. Miller and Company, Inc., 30 East 21 Address Miami, The Concrete City, is a seasoned investment field where sound development steadily increases the worth of the income- paying business property securing our $100 to $1,000 First Mortgage Bonds. Apprai- sals are independently, conservatively made at approximately twice amount of mortgage loan. Bonds underwritten and protected by safeguards that make them a particularly attractive investment where safety is of first importance. Write or use coupon for “8% AND SAFETY" book- let, giving complete details. Investigate now while 8% remains the prevailing, legal interest rate. References: All Miami Banks. THE FiLer- CLEVELAND (9 2511 Bedford Building, Miami, Florida. Name Forty-second street, New York Cit ‘THE five reasons for the 8% rate Florida pays on first mortgage security are directly and clearly stated in a Trust Company of Florida pam- phlet. We want to send this free to those who desire to investigate be- fore they invest. Write for it today. Invest in Florida at 8% $100, $500 and $1,000 Bonds Partial Payments Arranged ‘TRust COMPANY or FLORIDA ‘Paid-in Capital and Surplus 500,000 MIAMI & FLORIDA I want to know Florida's five reasons for 8% andsafety. Name... Street ---.---. City- eernencsnees SEBO -sesserecreneeves 220 the JUDGE In- vestment Bureau can give you any help, the pleasure is all ours. Address Investment Bureau JUDGE 627 West 43d Street New York