Judge — September 4, 1926 — page 29: what you’re looking at

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

D., New York Cry: American & Forei Power Company is making progress and its 7 cent. preferred stock is_a reasonably. safe business man's investment. ‘The common shares are not paying a dividend and are still in the specu- lative class. Notwithstanding the “Hattening out” for the present of the Florida boom, the Trust Company of Florida's 8 per cent. issues still apy to be quite safe, Standard Gas & Electric ferred stock paying $4 on par (850) and quoted around 857, 1s a sound issue and yields 7 per cent gn price, | Dodge Brothers preferred, International Paper pid. and U. S. Rubber pid. are stocks of merit ali elig 0% 7 per cent. on market figures, United States Stores is per cent. prior preferred, nothing on 8 per cent. preferred or common. Its surplus ¢t end of | 1024 (the latest reported) was Hand might h: e of goodwill . The company’s condition being th the prior ed shares are not spe a though a turn for the better in business might. so increase earnings as to strengthen the issue. _ Yo might consider a switch to Austin-Nichols 7 per cent. preferred, selling lately around 865. AL, Mizoors, W. Va. A statement, regarding the Willys-Overland Company for the six months ending June 30, 1926, was recently published. It shows net after taxes, interest, de- preciation, Cos as compared with : Surplus dividends ‘was, 86,788,988, and earnings per share on common ‘52.68. R., Mitursocker, Me.: Although the Ricken- Motor Company continues to operate with me vigor and is putting out a ge hampered by its limited capacity fc and has not been able to e: dividends. The indicates a not very bright prospec priced dividend payer would be a more purchase, There would be a greater speculative appeal in the case of Cuba Cane pfd., with its dividend arrears of 35 per cent., were there not so many other preferred issues with large dividend arrears which are not in a way to be cleared off soon, Cuba Cane has paid no dividends for five sand its earnings the past. season were not encouraging. Instead of banking on such an uncertainty as the payment of the back dues, it would be safer to acquire some sound dividend paying issue K., St. Lours, Mo.: wed beyond the u coutd ti wet d Cigar stock e you quote ings are be put « pe le event it would be entitled to sell. highe Rubber common is not attractive. ‘Ther arrears on preferred to be paid before the co can get a return. It would be safer to moderate profit and buy a dividend payer Detroit common would be an excellent substitui for Fisk common. J. SPRINGE Mass.: In the first half of this year Mack Trucks, Inc., earned B11,515 shares of common outs! ly dividend was 86, the company thus earned ihe whole year’s dividend in six months with rry to surplus. On August 11 final bscriplions to 101,919 1 so the earn policy and b on plans will have been about cor The stock's futu price will, of cour: zation of the company’s good otGok: Puatrsacn but the contra of the American Hide & Leather Company tions for the first six months of 192 Jose of 8148,037 compared with a profit of £305,113 in the corresponding part of 1925. ‘The preferred stock declined still further on this news. . couragement to hold your shares can be held out. H., ANNapouts, Mp.: Some forecasts put the earnings of the Remington ‘Typewriter Company for 1926 at 821 per s common, But this does not ass on of that stock npany retired over 81,2004 first preferred stock 110 and thus cut into working capital. er it has cost the company much me the Remington Noiseless Comps ment on common is likely to be It is understood ide it will be at.the The stock is a meritorious long pull Ricusop, Va.: You are to be congratu- tated on your shrewdness and foresight in holding lair Consolidated Oil 8. per cent ought at about $80, until it has ve While the profit is a temptation to sell well to hold your 20 shares as an investment. company bas a very good word to say for itself. Its net income for the first half o per cent. over that of the corresponding six months »f 1925. ‘The company being thus prosperous the idend on the preferred bids fair to be main- tained, and a dividend on common cannot be far off. P., New Haves, Coxn.: So far the Electric Refrigeration Corporation, organized in 1925 as a consolidation of the Kelvinator, Nizer and Grand Rapids companies, has made nos ular strides forward. It is simply doing reasonably well. Its earnings per share on its one class of stock during the first six months of this year were 4.35. It is estimated that the year’s total will be between 86 and 87. ‘That is, make more than twice present dividend. "The market price of the stock is not warranted by the dividena now being paid, It would pay you better to buy Dodge Brothers 7 per cent. preferred, K., Bautimore, Mp.:| International Cement Corporation earnings in the first half of 1926 are expected to show about the same as in the first half of 1925. ‘The corporation boasts of steady rather than extraordinary progress. On current price the dividend of #4 give corporation is expanding it to. spend 85,000,000 this 60 per cent. of the expenditure to be met by sal of additional common stock and 40 per cent. fron Stockholders will be offered 62,000 $50. The inc wd total of common will then stand at 562,500 shares. These shares would seem to be a good purchase for a businessman Kansas Crry, Mo. For the year ending May’ 31, Coumonvealth; Power carnal B16a0 e share on its 6 per cent. preferred stock. This gives that stock a very firm basis and ranks it as an excellent business man's investment. The company is rapidly growing, and controls operating concerns in six States. N., Unica, N. Yi: “Earnings of the Doehler Die ing Company were adversely affected by the andicap and expense of removing its, principal plant from Brooklyn to N pg been comple expected to take rings of 1926 * large orders on common dividend ment on this iss ig discussed. e was 50 cents, made in J., Castros, Airplane manufacturing has not as yet become one of the stable industries of the countr there are indications that it is making p Whether it will ever rival the automobile industry in extent and profit, it would be rash to conjecture. Ford having taken hold of it important developments miay be expec Curtis Aeropl npany and Wright Aer already doing considerable business and have fair possibilities. Curtis preferred is on 47 per cent. busis, but the stock is not devoid of a uality. Wright Aerona has bee a ss than 3 per cent. on m . W.Va Po a an Steel’ Foundries "common paying, $3 yearly, and promises to continue to do so. The vield on mar On the other hand Beth Steel common (a more pretentious issue) has some time left its holders hun; Ils posible that Bethichems Sicel eal ih tne eed make up for its dividend suspension, but Steel Foundries yeems a surer thing Poutiaxo, Me.: Half yearly figures of the Nainal mping Corporation reveal son pinon were bank lo: of bonds creased $5,000,000 purged from augur well for the future, dends on the co n hus strong c« As you need imme ¢ you should buy a dividend payer rather than a speculative issue. A., Attaxtic Crry, N. J.: When a company is as well as American Steel Foundries, should not be too ready to part with its stock. a liberal ret the price you id the earni you had bet Proposition. In. the arned $2.89 a share on « : year's divide ions are that the Temainder of the dd to the surplus above dividends. ‘The company has no funded debt and easily'meets the 7 per cent. dividend on pfd. stock. It has a working capital of over $18,000,000, and may be considered well fixed financ New York, August 28, 1926, Free Booklets for Investors The Trust Company of Florida, Miami, Fla., is offering short term 8 per cent. bonds, maturing in two to eight years. These are first_ mortgages ‘on new income-producing buildings, a first lien on trustee collects. monthly advance principal and interest from. the borrower. The bonds be had on the partial payment plan. Ask the ist Company to send tory booklet 216, ‘ sa booklet issued by: the Milton Strauss Corporation, Penobscot Building, Detroit, Mich., illustrates the requirements of the first mortgage real estate bonds which the corpora- tion offers, shows the safeguards which surround them and serves as a guide in tion of bond investments. Th send this booklet (J-821) to Analyze Your First Mortgage Real Estate Bonds HIS BOOKLET has been prepared to illustrate the require- ments of The Milton Strauss Corporation's bond offerings. It will serve you as a guide in the intelligent selection of your future First Mortgage Bond Investments. It shows how safety can be measured in terms of a generous margin of security and in the ratio of earnings to the plan of amortization. Mail the coupon today! THE MILTON STRAUSS CORPORATION First Mortgage Real Estate Bonds Penobscot Building Detroit, Mich. + COUPON®« Please send me without obligation your booklet "Before You Invest.” Name.-- Address... City--- $$$S$S$HS$$SSS$SSH 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 UP AND DOWN PROFITS Why trade in the stock Market only to profit by an advance or by a decline when you can trade to profit either or both ways, Free hooklet J, explains PAUL KAYE 149 BROADWAY, N. Y. comicbooks.com