Judge — February 5, 1927 — page 28: what you’re looking at

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

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, $500 Bonds, $1000 Bonds Partial Payments Arranged fiecaer ‘Taust COMPANY or FLORIDA Paid-in Capital and Surplus 500.000 MIAMI, FLORIDA | 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 Learn Stock Privilege Trading A method largely used by professionals. For $150 can trade in 100 shares of almost any stock. booklet M explains this and other methods of trading. PAUL KAYE, 149 BROADWAY, NEW YORK 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 entelope should always be inclosed. Address all inquiries to the Financial Editor, Jupce, 627 West 43d St., New York, giving full name and exact street address. Anonymous communications will in no case be answered. Marking Time by Theodore Williams URING the first month of the D new year the securities mar- ket moved cautiously over the path of irregularity and dullness. ‘There were alternate losses and gains, not very important generally, and January did not disclose a decided trend. The big leaders and a sprinkling of the smaller fry held their own and some issues made new highs for all time. But for the most part the market seemed disposed to mark time until a new and strong impulse should be given it—-up- lifting or depressing. It showed but little sensitiveness to attempts in various quarters to sensationalize unduly the situations in Mexico and Nicaragua. It was believed in the financial district that our relations with those two countries would be safely and sanely managed. A few facts of significance were apparent. Pool efforts did not pros. per conspicuously, and if the increase in brokers loans meant anything, the publie was beginning to re-enter the market, Investment buying was reported to be fairly active. ‘The bulk of the trading, however, was transacted by the _ professionals. There was in existin, urgent reason for ac! conditions no y. Business was not booming, though it was main taining a good rate of progress. ‘The several increases in idends were but a slight boosting force before they were declared and the stocks rerned later sold off. The con- vietion that the majority of issues were high enough prevented rampant advances, and the possibility that in- dustrial and commercial activities might before long be quickened was a check to severe declines. The feeling that because 1926 was unusually prosperous 1927 would naturally show a considerable re- cession is not shared in by everybody. ‘There are observers who forecast as good times this year as those of last year, if indeed not better. They argue that it is a mere superstition that there cannot be two good years in succession, The country’s state of mind will undoubtedly have much effect in creating the immediate future. Should confidence reign in the business world prosperity need not suffer a had setback. The hesi- taney and doubt incidental to the outset of another twelvemonth should gradually be dispelled unless un toward events shall occur. Business may wake up and get into a strong stride and the clouds on the outlook may vanish. ‘The conservative view is that the nation’s common sense and healthy optimism will keep us out of hostilities or radical upturn- ings. If this faith is well founded the values of securities should on the whole be pretty steady during the remainder of the year. Fluctuations in prices on the exchanges will con- form to the profits of business in general and be less subject to manipu- lative influences. Answers to Inquiries N., Brooxurs, N.Y. Texas Gulf Sulphur, yielding about 8 ‘per cent. on current quotation, is a reasonably safe business man’s investment, the prospects of the company being excellent. The 8 per cent. bonds of the Trust Company of Florida are well regarded. » New York Crrr: It looks as if some time must ensue before Dodge Bros. A can again reach ven declar n of a not bring about that However, if vou will hold your shares for may be able to sell them for more than ue and to switch with better advantage nd payer. Western Pacific pid. makes a liberal vield on purchase price and is better held than sold at your indicated loss. Armour A appar. ently will be long in getting back to 825. and dividends. The v's outlook is favorable, you wish immediate returns you can switch to Continental Motors or Miami Copper. B., Westrterp, Mass.: You are receiving a very’ satisfactory yield from the Gamewell Com pany stoc 39 and which makes a return decline from purchase price should not di ‘The com pany still pr tl wer & Light common gives von carnipgs will be n chase price. W., New Yours Crrv: ‘The purchase of Pressed Steel ‘common is not recommended, as it is a non: dividend paying speculation. ‘The preferred stock makes a liberal yield on market priew, which would he higher were the stock less spectilative. Crex ir return on cost, but larger ring it back to pur Carpet stock is unattractive, as it makes no return comicbooks.com