Judge — October 30, 1926 — page 28: what you’re looking at

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

Free Investment Advice The JUDGE Investment Bureau is now answering questions for investors from half a dozen countries. Our friendly advice is given free to thousands. A post- age stamp brings you an answer which includes our best judgment on invest- ment problems. Investment Bureau, Judge, 627 West 43d St., N. Y. Gentlemen—Kindly advise me about the following : Name PAUL KAYE UP AND DOWN PROFITS Why trade in the stock Market only to proft by an advance or by a decline when you can trade to pront either or both ways. Free bookiet J, explains. 149 BROADWAY, N. Y. “WHAT 8% CAN DO” {and study Case No. 6} You will learn how to increase yourincome hundreds, possibly thousands of dollars each year, without sacrificing safety and without investing more money. "Tis booklet gives seven plans by which you can have more money. These plane have been secceti tally used all over the United States by in- vestment customers of this Trust Com- pany. they will help you. Mail the coupon without obligation. Write to ‘Taust Company or FLroripa Paid-in Capital and Surplus $500,000 MIAMI, FLORIDA Name Street. City —— Investment Bureau Subscribers to JepGe 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. all inquiries to the Financial Editor, Jub stamped and addressed entelope should always be inclosed. Address , 627 West 4d St., New York, giving full name and exact street address. Anonymous communications will in no case be answered. The Financial Churn by Theodore Williams URING the space of an entire month recently prices in the securities market went up and down with almost regular irregularity, some da "Ss More, some days less, but with a total motion that seemed to have done something to establish definitely the market's character and direction. After that amount of persistent churning there should have been a goodly pat of butter, of one kind or another. to show for it. And yet the net result was practically no change in the average of quotations and no true indication of any particular trend. There was no fundamental signif- icance to all that activity. It seemed as if things were to remain in a virtually static condition until some big event should strongly stir the financial pool. But anything like a stabilized state of affairs is displeasing to the pro- fessionalsand the speculative element. To them movement, and plenty of it, is of first importance. They want es to fluctuate widely and rapidly, so that they may reap large and quick profits—if they secure any at all. Naturally, as prices generally had no immediate reason to go higher—were ins facts ty many ‘cases already, too high—the bearish folk combined to depress them, that being ezsier than to lift them. And so it was that in early October the forces of depression made an effective drive against many issues in the list, achieving material recessions and causing of necessity doubt as to whether the bull market would last until Election Day, after all. The constructive operators had for their support a sound underlying statistical position, in spite of the adverse influence of the fall in cotton. Whenever they put forth their efforts recoveries followed, but these sent business to be active and pri prices only feebly back toward the level preceding the break and seemed to indicate that the market would remain irregular until the political battle was over. What would then happen few dared to predict, but some were of opinion that there would be a good deal of distri- bution, with lowering of values for a while, though with a possible up- turn after the wave of selling should cease. That, however, only the future could decide. Undoubtedly numerous buyers found in the break opportunity for getting back stocks parted with at higher figures. Answers to Inquiries C., Movoxcanets, Ps. There are no recent data concerning the glass casket craze, which some years ago prevailed widely. Companies were organized in many localities but there is no record that any of them ever did a paying business. The Company can hardly have which va and section of New York Sta pire Power Corps It was incorporated in April, 1924, and paid its initial dividend of $1.50 per share on its 6 (not 7 no ares are still speculat prudent business man’s pi value, but is callable at 81 1, 1927 H., Troy, The four domestic bonds in your’ investment list and the five foreign bonds appear to be reasonably safe, and in spite of the ariation from the p ne instances it does not seem adviss the list at this time, The two cc you a loss are dividend recover, while Ame Telephone and Tele pfd. stocks you hol purchase pric certainty of ‘onably Tt has no pai merit Lexcept two selling ld MOTE Se ined more better class rail, industrial and motor. But all kinds « Titerio lists may be and yours is nably ¢ W., Cresco, Tet Latest advic cerning the Dickinson Cord Tire Corporation are not assuring. The company’s balance sheet makes & slim showing. Apparently. the company is not doing much, if any, profitable business, and chances of avreturn to stockholders are not bright. The companys machine for building cord Gres may have merit, but it is difficult to make a commercial success of patented devices. I know of no market for the stock. Do you not receive from time to time the company’s reports? V., Detrorr, Mica. Arrangements have been made for merging American Druggists Syndicate with the Schulte Products Distributing Corporation, which will be acquired by Schulte Retail Stores, Inc. Holders of American Druggists stock are to be guaranteed 6 percent. on their shares (par 810) or 60c. yearly. This would be quite an improve- ment on existing conditions and the stock is there- fore attractive at its recent price. Stromberg Car. buretor has been a fair dividend payer for several years and as it earned two thirds of its 86 dividend In the frst six months of the year, it certainly seems entitled to sell higher. comicbooks.com