Judge — May 1, 1926 — page 22: what you’re looking at

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

| | ubscribers to JupGE are entitled to ansu to inquiries on financial questions, and in emer- gencies to answer by telegraph. No charge is made for this servi All communications are treated confidentially. A stamped and addressed enrclope should always be inclosed.. Address all inquiries to the Financial Editor, SuvGE, 627 West 43d St., New York, giving full name and exact strect address. Anonymous communications will in no case be answered. \ “Corrected” Situation by Theodore Williams HE violent churning of the se- | few ‘s market in March was | ucceeded in April by duller and | steadier proceedings. Price varia- | tions were limited in range, more normal, and a feeling of uncertainty as to the future was widespread. Yet theimpression seemed to grow stronger that surface and not deep- seated conditions had caused the | abrupt setback in the bull market. EVERY DOLLAR THAT HAS BECOME DUE ON FIRST MORTGAGE BUILDING BONDS SOLD BY US HAS BEEN PAID TO.EVERY INVESTOR A practical illustrated k—Sent FREE es for SAFE INVESTMENT GEND for this valuable book of rules—familiarize your experience of this national organization guide you in the selection of safe investments. Write for Booklet J-233 AMERICAN BOND & MortcacE (o. Established 1904 Incorporated AN OLD RESPONSIBLE HOUSE 345 Madison Avenue, New York 127 North Dearborn Street, Chicago” Cleveland, Detroit, Boston, Phitadelpbia self with its contents—let the | Capital & Surplus over $7,500,000 | _and over thirty other Gencral business showed no signs of halting, much less of a collapse, such stock transactions had indicated. So far as is evident just now the late conduct of the market did not prove a reliable barometer of business. In- dustry and commerce are holding their own, even if not progressing rapidly, and in spite of complaints of lessened profits in some quarters. Increased dividends have — been numerous in the first third of 1926, and these could hardly have been declared had the outlook for produc- tion been doubtful. To be sure, there are some possi- bilities of trouble from a_ politi direction. This is a congressional election year, and if the control of the next Congress should be won by men of radical tendencies, or by men directly opposed to the fiscal policy of the present Administration, more or less unsettlement would be in- evitable. Another of the too-fre- quent revisions of the tariff, for in- stance, would create disturbance the world of business. Business still needs a period of rest from unsettling influences, and capital is proverbially timid and easily daunted. But should the conservative forces pre- vail there is little likelihood of a bad break in the business situation. The fundamental soundness of business was potent in’ preventing even worse disaster on the exchanges than the recent drastic crashes. Un- less something unforeseen occurs, this barrier against future smashes will be effective, even if it cannot preclude temporary unfavorable technical positions due to manipu- lations. Another important check to further declines has been liberal investment buying by investors who have been waiting for just such a chance. Many speculators also who failed to realize profits have been purchasing their stocks rather than taking heavy losses on margins and holding them for a better valuation, which they believe will come. It is. searcely necessary at this time to merely speculate. ‘There are many stocks which can be bought for income with wes of eventually advancing. Most observers, however, have been predicting a creeping rather than a rushing up of values for some time to come. Answers to Inquiries TE, Rivaway, Poe Among reasonabl bonds listed on’ the New York Stock Exel and yielding more on market. price tha requirement ol Donde Bros. 6 Air Line 6s and Fe Preferred stocks liste meeting your wish for a return of 7 per cent. or better include Rock Island 7 per cent. pfd., Chrysler 8 per cent. pfd., Sinclair Consol, Oil 8 per cent pld., Crucible Steel 7 per cent. pfd., Dodge Bros 7 per cent. pfd., and International Paper 7 per cent. pid. Under favoring conditions all the above should be profitable long pull investments. Lrancitros, Pa: The Vitor Talking M: chine Co, fell behind in 19 coming back this year, ‘There is a great demand for its new machin thas been pushed with orde tinue the stock a market price recently non did not atly exceed th y 1 ant_of outs in on nthe com common stock is a busi 0 s less inves! the preferred. ‘The company prowisi R., Hawersvinne, N. Yer In unsettled times in thet the best and safest invest or 8 per cent, ble houses. Cats The Lago Oil Transport” Corpe has acquired the La Petroleum Corporation's property and is sidiary of t - n Petroleum and strong price ral points below your public ie the dof cash, and the recent issue of several hundred the rs of stock to pay: for new properties outstanding shares price per share. How far this is to go foreseen, Althongh the company is said to have had a very good y the stock is not attractive just too much loss, it would be well to and to invest the proce ific, Atchison, or New York C Books, N, Ya: Marland Oil can ssed as astrictly nt ndustry is too uncert Marlan business n wise. A sound or public able than ore reliable purchase would seem to af undries ¢ n, the dividend tor shares or Standard Gas & Electric + but and sell but that can't be surely fo D., Mataxoy Crry, Ps. hem Steel Corp. is reported tey be tion than it x sar, there is no indication the divider comicbooks.com