New-York tribune., 1920-01-25
Suspicious, but Chances Query

NucStion- i going TO yvrite and oh
n,,,.. Mna' may perhaps seem like n foolish
question. out # you will do me the fn,or
I" answer 1t IT viii settle a question vb;.t,
"s',' uppcrmoSt in my mind for some
~" the Questions and answers given
-, -, me column of Investment Inforn,a.ion ;n
Inc Tribune every day real nuesfions q -
answers, or are they an advertisements f,.
certain stocks and bonds? | notice ,yban
a a - person appears to write and ask for
good list of preferred stocks YOU al,yavs
tlNe ABOUT the same ones for an ans,vn,
n,'ed states Rubber. United States Steel
i'a'" T's NirFinia, Carolina Chemicals. and for
'"'nS lately New York Dock COMPANY ana
on" or t"o others. Now. if Won realj,. i
,.hi 10 answer a letter and give jnforna-
u'N why didn't you tell the man TO open
", .o, o,o'N,ns account at bank who recently
Vote and asked how he should got III
tuarteriy dividend checks cashcdo Tbe
answer yor gave that he would ba,,
:" 20 De properly identified to get them csshcd
Now am going to ask a Question fo,
mo investo column. Have recently bouch,
s''eral shares of West India Sugar Finsnro
'2ck. End Eisemann Magnetic which We're
"nVermscd on,h IN ,, The Tribune within the last
months what is your opinion of these
locks "a an investment? Mrs E S. T.
Answer-We are SO busy answerino
real questions from real people that
we could not find the time to mako mn
Vuestions to be answered for advertise
ing purposes. And we might add that
Tor every answer published in Tho
Tribune there are about a dozen
which are answered by mail. When we
are asked to suggest investments we
pcrhaps err on the safe side We en-
deaVor to suggest only those securj-
ties in which the element of specula-
flon is at minimum. There are sev-
eral preferred stocks which have
shown their ability to maintain them
selves over period of years. includ-
ine years of business depression. We
very much doubt if the United States
steel Corporation or the United States
Rubber Company or the American
sugar Refining Company need any such
advertising as we may give their pre-
ferred stocks. Nor do we believe that
the New York Dock Company cares one
way or the other whether we mention
me hfst mortgage bonds of their com
nany from one years end to the other.
" are endeavoring to give people who
care TO ask for it the best information
pie from speculation who cannot af
ford to speculate. We probably men
ton Liberty Bonds more often than
any other security. The government
does not pay US for this The gentle
man who asked us how he might cash
his checks in New York specifically
stated that he had not sufficient funds
to open bank account here. Quite
naturally, then, we could not advise
him TO open an account. as you sug-
eest. If there is any way of cashing
checks other than by being identified
we shall be glad to hear of it, The
West India Sugar Finance Company
numbers among its directors some very
able men. 1t has already financed sev-
cral sugar companies with considerable
success. and the stock has now been
placed upon a per cent basis. SO
much depends upon the future of the
sugar industry that this stock cannot.
IN our opinion, be classed as good
Investment. II offers considerable in
the way Of speculative possibilities
however. Eiscmann Magnetic Com
pdny's last report showed preferred
dividends earned over six times The
company numbers among its customers
some of the most successful automo-
bile manufacturers in the country. Its
earnings have shown a steady increase.
The preferred stock is entitled to
good investment rating at present. Our
securities as this is that the concern
manufactures practically only one ar
ficle. This article may in time be su-
perscded by something wholly differ
ent- That is the reason why We do
not hesitate 70 "advertise' United
States Steel preferred and United
states Rubber preferred. The com
mon stock of Fisemann is a specuia-
tion with fairly good possibilities at
present