Judge, 1926-10-16 · page 26 of 36
Judge — October 16, 1926 — page 26: what you’re looking at
A restored page from Judge, 1926-10-16. Page through the whole issue in the reader above.
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IRST Mortgage Real Estate Bonds of the offerings of The Milton Strauss Corporation in addition to possessing each of the established safeguards have these distinctive safety factors: Bonds independently trusteed by a prominent Trust Com- pany. 2 Bonds secured by Detroit in- come producing property. 3 Land values determined by independent board of apprais- ers. Buildings appraised separ- ately by well known engineers. 4 Earnings usually 2¥2 times greater than annual interest charges. 5 Ratio of loan to security pro- videsa wide margin of security for the bondholder. Ineurance is carried at all times to cover the full amount of outstanding bonds. Send for Circulars today THE MILTON STRAUSS CORPORATION First Mortgage Real Estate Bonds Penobscot Building Detroit, Mich. Please send me descriptive cir- culars of your current offerings. Nam Address. City---+2- 2222-2222. J-1016 SS$SSHSH$$$$SS$$S | are mighty good friends | If the Judge Investment | Jureau 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 booklet J, explains, PAUL KAYE 149 BROADWAY, N. Y. Subscribers to JupGE 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, Juve, and exact street address. Mixed Market Results by Theodore Williams HE mixed results in the se- curities market for several weeks recently were the natu- ral aftermath of a g followed by a decline recovery somewhat greater, Getting back to peak of- fered a definite goal that could be attained with reasonable certainty. Beyond that there was no — sure i all was unknown and Whether prices would seck higher levels or drop back again could only be surmised. Hence there was backing and filling without much additional progress except in special instances. tentative. The strength of certain issues did not forecast dis- tinct: improvement in’ the general list, though it did serve to keep the market from serious backsliding. This then became the situation: Quotations were as high for the rank and file issues as was warranted by earnings, dividends and surpluses. They could not legitimately be ad- vanced, unless favorable develop- ments occurred to put them more in line with the acknowledged lead- ers. Some of the latter had been in- fluenced by unusual factors merg- ers, ete.—that could not possibly af- fect the majority of securities. ‘The market grew irregular, and even, at times, stale, or firmed and freshened according as the outlook for the gen- eral list’ wassupposell te vary: But the professionals were handicapped in their operations hy the lack of large public participation, Outside speculators were wary, and knowing investors were cautious. There was more or less outright buying of good issues on recessions and these com- mitments can hardly fail to: prove remuncrative in the future. Indications are that the market wil! still have its setbacks, but it is scarcely probable that the strong men who can control it will permit a bad reaction, with its implied low- ering of prosperity, before election 627 West pod St., New York, giving full name Anonymous communications will in no case be answered. After that the condition of should, be the chief shaper of affairs on the ex- changes. day. business will, as it Trade prospects continue promising, not booming, but assur- ing steady prosperity Securities which are not overpriced growth in will have little to fear from coming fluctuations. But this cannot be surely said of those which are quoted far ahead of earning power and book value. Answers to Inquiries C., Crxerssatt, 0: Public utility corporations first elass’are very” prosperous, and th Iby many financiers preferable Instances that mu nts. Buookiyy, N.Y. My sources of informa tain no data concerning the International ‘ und the president's: letter no substantial encou appears peculative 100 shares, B.. Bente Vervos, Pa: There is no mention of General Mines in my: record Its stock is quoted on the Bi figure and that indicates a lick shares, Don't be misled by st alwa dividend payer and n with plenty om that to one of each investor must be small means. judged by itself D,, Stoxey, On; Nene of the P there i hood that the companies are failures and no longer doing business. Judging from many instances of the kind, your $3,500 was practically thrown away 4, Portiaxp, Mes You struck it rich when you bought Nickel Plate stock at $100, It was quoted recently above #200, Even at that figure it kes a fair yield on market price. The return your purchase price would be hard to beat, ly tive stock con t. pid jailed to obtain it, dend, it is p to 7 per cen ight cause a further rise in price, unless se has already been switeh would be to per cent, pid. (Par 850 it Penna’s price. au: Sears Roebuck & comicbooks.com