Judge — November 28, 1925 — page 26: what you’re looking at

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

eC Y. are treated confidenti A Clear Trend Upward by Theodore Williams VER since the big bull market got well on its way, the opinion that it has discounted the general business expansion and is booked for a long trip down hill. This doleful is forecast has so far been regularly discredited by the course of security prices. Lately, after months of up- ward movement, the warning cry was once more raised in various quarters that the bull market was nearing its | BRey Baar ges mee | | The Greatest Factor of Safety buile over man of faithful investment service Bond & Mortgage eat porldon is tha Fife More. pee Investment business, issues Fonlas fie"Mrasse al Write today for literature de- scribing a new and attractive Investment Bureau Subseribers to Jcpak are entitled to answers to inquiries on financial questions, and in emer- geneses to answer by telegraph. No charge is made for this service. All communications tally. A two-cent postage stamp should always be inclosed, Address all inquiries to the Financial Editor, Juvar, 627 West 43d St., Nev York, giving full name ezact street address. Anonymous communications will in no case be anscered. peak and must soon yield to top- heaviness and downward pressure. The admonition, however, had little effect. The market continued to rise, despite many recessions, and the animation on the exchanges in- creased to record proportions. Then came the very severe setback in the early days of November due to technical conditions when the bear- ish prophecies seemed for a day about to be verified. But a vigor- ous rally at once ensued and the up- ward tendency reasserted itself. Manipulation merely? By no means. The sturdiest pool must have a firm basis, a strong talking point, for its operations. Most of the issues which have been going sky- ward are in themselves sound and desirable. They are, actually or potentially, excellent earners. The foreshadow or the substance of profits gives their purchasers assur- ance of liberal dividends and perhaps melon-cuttings. They have possi- bilities of further advance, and should at worst be able to hold their own. Perception of this has given investors and speculators confidence in them. Certain high-priced securities still seem far from having discounted ex- pansion in the business of their cor- porations, It is so also with numer- ous moderate-priced issues. Some day all these will naturally reach their legitimate highest level. But influx of newcomers of merit and promise is steady and so we may expect that when the present leaders cease their growth they will have successors which will furnish fine advantages for shrewd investors. Hence, though there may be stagnation and weak- ness in certain parts of the vast and varied securities market of the future, there should also be briskness and upward trend there at certain times. The optimists, predict that the present bent will endure for several months longer. But the condition here outlined might last for years. It all depends on the extent of busi- and prosperity. No inflation is seen in the producing world, but Your Money is Worth 8% —and you can get it in FLORIDA Suppose were selling for 50c a dozen in Hillsboro Junction and at $1 adozen in New York. Where would you send your eggs to sell? Suppose first mortgage bonds on New York property paid 6%, on Minnesota property 7% and on Florida property 8%, where would you invest your money? 8% Is the legal inte: ate in tom, by housing conulitions, bry tmoney demand Sour money [s worth 8% in Florida and you can get that rate through the Trust of free mortgage security. What would be your gain if your investment paid 8%? It is easy to et the facts. Mail the coupon for booklets UP AND DOWN PROFITS ‘Why trade in the Btock Market only to proft by an vance of by @ decline when you can trade to profi ways. Free booklet J explains, 149 BROADWAY, N. Y. there is progress in a majority of lines that rebukes the pessimists. There bids fair to be good chances always in the securities market for the dis- creet and the cautious. Answers to Inquiries M., Hawier, Pa.: The Consolidated Textile Corporation has not overcome its difficulties. It catered 5 moderate deficit in the fe half of this are po present signs of comit - Drover in busines ‘The stock (selling at it ‘your it in ibely tg reach F prcboe pe witha a yeas, W, Wauncros, D.C. Phe Packant Motor Car Company lately retired all its preferred stock find focreued fe dividend to. "Later it de: comicbooks.com