Judge — May 29, 1926 — page 27: what you’re looking at

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

cent. pfd. and Dodge Brothers 7 per cent. pfd. are reasonably safe, and meet your requireme of stock yielding 8 per cent. on the market price. Chandler Cleveland pfd., paying $4, and selling in the low 30's, is more speculative ‘than the two above mentioned issues, but is less so than Moon Motors or Paige Det The 8 per nt. first. mortgage bonds advertised H, Liscous International ester Company 1925 $14.82 per share on common stock d with $8.81 in 192 aying 7 per cent. on mmon, which is selling too high for the present return, i tion that a larger dis- Bursement is ¢ This is a company which should give ag count of itself in. future s. You might add some of its shares to your investment list. If American Ice rr asset value than the present ‘ 837 per more confidence would be felt in the stock. It is pay at the rate of $10 per share with an increase from this possible, as the earnings were $21.97 per share of common in 192 arning power of the stock of the best, and a y's prosperity Jue of common is expected to chase of the few shares you specify would be a fair business man’s investment. P., Asito: T have no information con cerning the a. but it is reason or another instead of risking it on the uncertainties of Pecan growing. D., Mavsvinte, Ky: 3 Copper and Chrysler common socks, being dividend payers, might better be held for a time than sold at a le Sinelair Consolidated Oil, common, New Haven R. R. and Middle States ‘Oil, making no returns, are unattractive and it would be well to. switch from them to dividend payers. Studebaker common isone of the best class motor issues and a good business man's purchase. Future develop- ments in Rock Island may serve to reduce your loss on the stock, but it would be safer for you to dispose of it and buy a dividend pa: H,, St. Lovrs, Mo: The Ajax Rubber Com- pany’ reports « considerably improved condition and greater earnings in 1925 than in 1924. In- creased prosperity is expected in 1926 but divi- ds are not yet looming up. With very little adjustment. you could exch your Norwalk Tire and Rubber common or Motors, both of which giving something P., Lowso: any proposes to i 00 Lile Insurance 3 capital stock al for ite not s new stock (par $100) is to be offered at #200 to stockholders of record, May 20, in proportion to their present holdings. Payment may be made in Kur quarterly installments, the first to be on oF before June 1. The new stock may be purchased of the United States Security “Trust, Company of Hartford to which I refer you for further particulars. MG. Mirus, Pa.: Durant Motor Stock is s0 uncertain a speculation that it is safer to get rid of it than to hold it. It has been selling at only 26.50-a share and has never paid any dividends tad (in prasecta Ot ila delagoa, hate. tot Geen bettered by the recent retirement of Mr. Durant tive direction of the business. New Yous Crrv: The Am Securities Corp, a. new orga warrants to stockholders of ce which it sought to control, calithng th privilege in the ying American § Kecurities ahares, The warrants are si to purchase and are of no value. to anyone. who does not use them to secure American. States Securities stock. ‘The American States Se with good prospects but is sure thing. Yellow any pays the ve » O.: As the Register Company seems likely to maintain its high state of prosperity, it is reasonably certain that the stock will recover a portion if not all of your purchase price getting a fair yield on your money and it would he better to hold your shares for a time than to aaterial loss, sup, Kan.: The American Beet Sugar wy arnings for its fiscal ending March 31 have not as yet been report mated that they were so poor y did not earn the divi n a condition this company any borhood of Beet Sugar ¢ mon stock's price. East Cutcaco, Ixp.: Leased land in the oil regions cannot have much value unless oil is found on it or near by. No data are at hand rding oil discoveries in that part of Terre- irish, La., where your purchase is located, been an immense amount of fraud in past years in connection with the sale of plots alleged to contain oil. Have you written t oil brokers who “‘sold you the chance to mi I know of no to sell th nless those brokers can de W., Mr. Ouive, Int: The American Radiato . y reports substantial progress during past year, and a promising outlook for 1926. stock has merit but is selling much too high for its vidend, which yields less than 4 per market pri R., Toroxto, Ca: investment for your 81,500 than Yellow C Mig. Class B ‘stock (which is only ac issue) would be Chandler Cleveland pfd 84 + selling at about $1 and having possi- bilities greater than those of Yellow Cab B K., Tetsa, Oxta.: The United States Gypsum Company common is a better purchase at its cur- rent price at 8135 than at $150. The company had a very prosperous year in 1925, paid liberal cash dividends, paid a 15 per cent. stock dividend and added considerable to its surplus. What level the stock will attain to the coming twelve months nobody can foresee. Your purchase at $122 seems to been a good move, R., Rocursten, N. Y.: | Were General Baking Corporation B stock paying a dividend, with good possibilities of maintaining it, the ble” over the Ward combination sch J not have seriously affected it. Whe hares will again reach your purchase price must be determined by the corporation's earning power and the chances fora dividend. A spurt in the market might enable you and your friend to come out even and it may be well to wait a while rather now at a material loss. But a switch from this stock as soon as feasible to a sound id payer is certainly e. Tremaxsperc, N better moderate ct eld is high and they are not affected by stock market c ges. I would not advise a woman to buy foreign government bonds because conditions in Europe are greatly unsettled and in most other countries fiscal ad- ministration is not all it should be. spenvia, Pa.: American and Forei Power Corporation did a larger business in 1 than in 1924 and it seems probable that the 7 per cent. dividend on the preferred stock can be ontinued. Both stocks are selling lower than the figures you mention. ‘The preferred stock seems ea reasonably good business man’s investment e common is still very lative with no promise of near dividends, Kresge Department Stores is not a particularly good buy at 17, for there is no prospect that it will become a dividend soon. Univers: reports a very good year in 1925 and a able start in 1 preferred stock hus gained several points over the price you specify and it looks like a meritorious business ma purchase, Wivrer Park, Fua.: ‘The he: Motor stock has been due t In 1925 the net e 4. In fact they e first qu ar showed an improvement which if ned would produce a surplus over the-di Uhre is widespread doubt as to the a ies to beat last year's the com ige Detroit Motor car com= ered in value from the Iso. from doubts as to whether th dividend was being earned. Net earnings for th first quarter of this year 0 cents a shure at the rate of $2.80 a year, while the dividend is $1.80. Should the income hold its own there would be no reason to pass or lower the divi pany is said to be in good financ with a working capital of $5,000,000 and no bank loans. The book value of the common 1a share. The company has retired most of its debentures and a large block of its preferred stock. _ You are getting a good return on the you paid for the common stock, and evening up, Du suggest, might be a fair venture. New Oneays, Ls Gould Coupler felt the depression which fell on all the equi ies in 1925. The Class A stock dividend of 82 was, however, earned and the c pany is reported to have done better so far this year. If the improvement is kept up, the dividend will be safe. ‘The company’s financial condition is declared to be satisfactor New York, May 2 Free Booklets for Investors 2 s, is told in a booklet issued Trust Co. of Florida, Miami, Fla., entitled “2% to 4% Extra. Examples are also gi of what investors with smaller means (including the ving only $10 a month) can do in the way of Jing up their fortunes if they invest in. 8 per cent. first mortgage te bonds which this company distributes. These bonds may be How Much does our Money Cam? This Table Tells You How Much YOU CAN MAKE TEN SURE ROADS TO WEALTH Your Period of Your Your Monthly Investment Total Yearly Investment (Months) Worth Life Income! Plant $100 180 |§33,359| $2,669 100 180 | 66,719] 5,338 100 120 37,727 3,018 50 180 16,669 1,334 50 120 28,851 2,308 50 180 53,343 4,267 25 180 8,322 666 25 120 14,372 1,150 25 180 24,990 1,999 10 180 3,315 265 These plans have been checked by Haskins and Sells, Certified Public Accountants TueTrust Company of Florida offers youthe facilitiesto operate any of these ten plans. You can draw out at any time but if you continue you can gain the at- tractive totals shown in the above table, safely and without risk. Details are explained in our booklet, “HOW TO GAIN INDEPENDENT MEANS.” This institution—founded 1909—operating under Florida banking laws—offering 8% First Mortgage Bonds—has an un- broken safety record. Send for free booklet and learn what you may gain through 8%. Mail the coupon today. Write to, "TRusT CoMPANY or FLORIDA Paid-in Capital and Surplus 500.000 MIAMI, FLORIDA bought on partial payments, ‘The company will send its booklet (209) to any applicant. An important with the 6! per, cent. first mortgage te bonds offered by The Mil Penobscot Bu Detroit, Mich., is that they are independent trusted by well-known bank or trust com- pany. This is in addition to th which responsible bond he satisfy conservative ar No. pre xample of th the bonds whic construct it 7 p 81,250,000 are to be nd ure secured by a first mortgage on_a ninety-nine year_leaseho building and equipment va $1,964,900, da first claim in effec nual earnings 004. ‘Thus the bond issue is only 63.6 per cent, of the value of the property, while the income. will | + the largest charges, ga wide argin ‘The Miller e process” its- and yields up to 7 per cent., es in all the company’s underwritings. ‘To obtain descriptions of current bond issues ask the company to send you booklet 217-ML, comicbooks.com