Judge — December 11, 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 JupcE Investment Bureau is now answering questions for investors from half a dozen countries. Our friendly advice is given free to thousands. A stamped and addressed envelope brings you an answer which includes our best judgment on investment problems. Investment Bureau, Judge, 627 West 43d St. N. Y. Gentlemen—Kindly advise me about the following : NAIM osecerecereraresovessterevers Address. ..... SHORT TERM 8% BONDS Maturities—2 to 8 years; Security—First mortgages on new,in- come-producing buildings; first lien on income; monthly advance pay- ments on interest and principal col- lected from the borrower by trustee; Trustee: Trust Company of Florida, operating under state banking super- vision; Record: No loss to any investor since this business was founded in 1909. Free Booklet: Mailed on request. First Mortgage Bonds at 8% $100 Bonds, fee Bonds, $1000 Bonds Partial Payments Arranged UP AND DOWN PROFITS Why trade in the stock Market only to proft by an advance of by @ decline when you can trade to profit elther or both ways. Free booklet 50, 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, JupGe, 627 West 43d St., New York, giving full name and exact street address. Anonymous communications will in no case be answered. Conservative Forecasting by Theodore Williams LvEs of listed securities have V been showing no sure tendency of late to race either uphill or downhill. They have varied more or less, but readjustments have been apt to follow. There is a rather widespread notion that for a year or so the market will be more steady than spectacular. Not a few predict a static bull market, holding its own, not rising greatly nor giving way to serious depression. Competent ob- servers thus put the possibility of another real bear market off until at least the latter part of 1927, and some are not kindly to the sugges- tion of such a thing even then. They do not see anything perm. nently bearish in the situation. They admit that fluctuations will occur, but these will not, they believe, result in a drastic net shift down- ward. If we are to credit this view of the outlook, security movements in 1927 will be comparatively moderate either way, and investors will be happier than speculators. The con- servative forecasters base their faith on the steadfastness of general busi- n Peaks have been reached already and for the time being in various industries, but that does not signify that a drastic falling off in these is to ensue. The ebb, if any, may be reversed into a flood at any time, and there are doubtless bus nesses that have not attained the limit of success and which will ex- perience increased production and profits. Conditions are so well bal- anced that prosperity as a whole will be maintained; and from that source securities will derive their worth and strength. Population is growing fast, and the country’s re- sources are to be more and more wonderfully developed. The tried and true issues dealt in on the ex- changes should continue in favor, and new issues of merit are bound to be brought out by creative enterprise. If 1927 is to be a soberer and quieter year, industrially, commercially and i i than 1 it should prove satisfactory in its progress and its returns. Securities of sterling quality can prudently be bought on smart recessions to hold for income. Answers to Inquiries common dividend at so low a rate may be found in the reported plan of the 10 spend 8150,000,000 for expansion purpe the next two. years. ¢ company. intends, hh subsidiaries, to © the plants and to am should even- rs, though larger return than was effected ‘L CHEYENNE, rcs ton hive's satisfactory purchase in your American Water Works & Electric Co. common stock. The company’s net earnings for the year ended September 30 were $4.56 a share on common, compared with %3.62 in the previous year. This income would enable an increase in the cash dividend if the directors saw fit to decree it. But the present part cash and part stock return makes the issue worth holding. Su. SPARTANBURG, S Strength of late in Radio Corporation of America’s stocks has ‘ked improvement in the “These in the nine months jast equaled 82.55 per share only 12 cents in the same net earnings for the entire 70 or nearly twice dividend. The it is backe + is expected to be best since 1920. ly owing to the ne of its produc ‘ptember 30, 1926, $2.88 per share on in the corre- 1 84 is forecasted for the t some extra ecember. ‘The ition is strong. The You can get better tn however, Corn Products e: jon, compared i company's selling too high. no par share was latel extras are expe time probably very far from re: pansion and revenue, and speculation in retaining y NNEAPOLIS, MINN. d by a 8% extra, and ime. Du Pont is its peak of cx- might be good ur shares. ‘othwithstanding a opti nent regarding the business, Chandler-Cleveland Motors Co. pid. stock sold lately down to the lowest level. for the year, Rumors prevailed that the dividend gon this issue was imperiled by scant earnings. It was admitted that the company in the first six months of the year had earned La is tt dividend requirements, but it was said that busi- ness was improving and that the dividend could be continued. When a dividend is in doubt it is always safer to defer purchase of a stock. istic official st: comicbooks.com