Judge — April 3, 1926 — page 20: what you’re looking at

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

I Got 8% Safely First, I studied the bonds themselves. The booklet,“Bonds That Pay Them- selves Off,” explained to me why no investor has ever lost money in these bonds. Next, read the circular,“Investby the Income Map,” and learned the five common sense reasons why Florida First Mortgage Bonds pay 8%. Then, with the aid of the booklet, “29% to 4% Extra,” I figured out my gain if my investments paid 8%. Finally,—and most importantofall,— Iread letters published in the booklet, “Eye-Witness Testimony,” written by investors from all over the United States telling their experience with the 8% bonds offered by the Trust Company of Florida. These booklets will tell youwhat you want to know and you will profit by reading them. They are free. Mail the coupon. First Mortgage Bonds at8% $100; $200 ‘and $1,000 Bonds Payments Arranged ‘Write toy ‘TRust CoMPANY or FLORIDA Paid-in Capital and Surplus 1500.000 MIAMI, FLORIDA $$$$$$$$$$$$ | 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 Coming Profits Our next Market Bulletin will show 5 listed New York stocks which are in good physical sition, now selling 100% under price of 1924. Write today for FREE Bulletin M8. H. C. SCHAUBLE & CO. 63-65 Wall Street New York After the Storm by Theodore Williams © FaR as the general business situation was concerned, the early March crash in the stock market had about as much effect as a storm has on a mountain too big to be bulged. The world of industry and trade paid no attention to the flurry on the exchanges. That was too plainly a case of overspeculation, merely the fall of a top-heavy and artificial manipulation structure. The technical conditions in the “street” are of trifling importance compared with the sure progress of business and enhancing prosperity. Many partici- pants in the stock dealings, on both sides of the market, lost paper profits oractual money, but the vast majority of the peoplecontinued to prosper, for no harm was done to the great em- ploying enterprises of the country. What happened ought to be, but probably will not be, a long remem- bered warning to the rash specula- tive crowd. Its chief salutary fea- ture, however, was the proof it gave of the ability of present-day business and the soundness of fundamental conditions. The forward movement is too firmly based to be seriously checked and corporations earnings and dividends bid fair to be main- tained and increased. This gives assurance of future good prices for securities of merit. Bargain hunters in numbers flocked to the market after the slump, but they did not exhaust the opportun- ities of prudent purchase. These, though fewer, still exist, and some buyers will perceive them only when higher figures prevail. The average investor will do well to shun cheap non-dividend-paying stocks. There is no safety outside of the seasoned dividend-payers. Answers to Inquiries “eu Nee Yorx Crrv: Tis: Community -Fomer Light Co. is progressing and is paying the divi- dend on its 7 per cent. first preferred Stock, which is a fairly business man’s purchase. A better public utility investment would be Standard Gas & es . 48, Subscribers to SuvGE are entitled to answers to inquiries on financial questions, and in“emer- gencies to answer by telegraph. No charge is made for this service. All communications are treated confidentially. A stamped and addressed envelope should always be inclosed. Address all inquiries to the Financial Editor, Juoce, 627 West 43d St., and exact street address. Anonymous communications will in no case be answered. New York, giving full name Electric 8 per ce nary conditions stock would have atti as yet what effect pro the earnings of the el Under ordi- preferred stock. en Island Ei fed buss lines will have on ric railways in which the Edison Co. is interested. At this time the shares of some public utility corporation operating where things are more stable would seem preferable. S., Jacksox, Mrss.: The Southern Pipe Line had a smaller deficit in 1925 than in 1924, b business was poor, the line having been cpe to about only 10 per cent. of its capacity. directors have proposed that the capitalization be reduced from $10,000,000 to 85,000,000. It would be easier to earn dividends on the smaller amount of stock. It is planned to keep the present, number of shares but to lower the par value from 100 to 850. In that event each stockholder will receive 840 in cash for each share he owns and at a later date $10 more. The company’s officials are making no predictions as to business this year. ‘The plan in view is to be submitted to the stock- holders for ratifcation on May 5 next. It would seem prudent for you to cast your vote for it. F., Stamrorn, Coxw.: Towa Central Railway Co, is owned by the Minneapolis & St. Louis Railway, which, owing to continued deficits in earnings, defaulted on bond interest and went into a receivership. At one time foreclosure proceed- NO INVESTOR EVER LOST A DOLLAR IN MILLER BONDS MA ny people have ceased to worry about their investments. With their money in Miller First Mortgage Real Estate Bonds they know that both principal and interest are safe. A 7 per cent fifteen-year Miller Bond will bring back $1050 in interest and $1000 in principal—a total of $2050. You get a proportionate return on a $500 or $100 bond. Mail the coupon today for further information and list of current offerings. G.L.M R&CO. 30 EAST 42nd STREET, NEW YORK CITY Offices and Representatives in Principal Cities G. L. MILLER & CO., INcorporaTeD 2!5-ML 30 East 42nd Street, New York City Please send me full information on Miller Bonds. Name Street. City comicbooks.com =