The New York herald., 1921-01-11
An Investment
Message

VINO are So IOI IuIlciGC do W
have ready money to invest
at this time.
Perhaps never again
will there be such bar
gains in investment Sc
culities as the market
now offers and SO we say
to all, and this means
you, scrape together all
the money you can get
without borrowing and
buy investment securities
and buy them now"
This message was published
by us for the first time on De
cember 29th. Since that time a
tremendous buying movement
has started up. There has been a
sharp advance in the market
price of some of the investment
securities, but none of the true
investment securities have been
carried back to the market value
we believe they are bound to
reach when we again have nor
nal interest rates. Some OF the
best bargains have hardly moved
a peg. Others have not had a
recovery of one-thirtieth part OF
what thew are entitled to. So
don't get it into your head that
Won are already too late. Our
advice was then to "buy, anc
buv now" and our advice is still
to 'fbuy, and buvnow."
We ourselves do not expect to
see 2. corrlete recovery IN the
market value of Investment Sc
curities in the imnediate future.
but expect to see continually ad-
yarcjrg prices. We hope this
rcvercert will be qracual and
fealthv. TIE slower TIE process
TIE better we will lte it. The
slower it is tie less likely 1t will
be that we will have either a
hesitating market or one with
backsliding tendencies. We are
verv sure, however, that the
sooner you b,,v the greater the
profit vou will nake-and that
is WHY we have consistently sa'd
sbuv. ard h,ly now" and why
we still say, "buy, and buy now.
We realize that we have re-
ceived but q sra]l portion of the
business we hove created. We
are rot complaining about this.
Many OF the peonle who have
acted uuon our advice were al
ready the clients Of some other
house that had always treated
them fairly. Our house would
never have reached its present
position as to pragritude and
success had it rot been that orr
policy alwovs hos been. and still
IS TO b,,ild FOR the future rather
thar 70 "cash in" on the present.
Our nost loyal clients of TO-DAY
are those who first lacked the
faith to act on our advice and
later found that every one OF our
messages of advice was a real
opportunity.
While we solicit your con-
fiderce and patronage, neverthe-
less we realize that no one house
can "hog" all the business.
Don't let bargains slip away from
vol, while we ere getting ac-
ouainted. Perhaps your boss or
your friend is already not only
acquainted with Us but is a client
of ours. Most of the older and
more prominent professional en-
rineers Of the country know us.
IF. after making such inquiry
as your opportunities present.
you are not convinced that you
want to do business with us,
then go to any house you may
choose which has earned a posi-
ton of moral and financial
standing and let them advise
you. Men skilled in this work
will corroborate our message and
will tell you that, Perhaps never
again will there be such bar
gains in investment securities as
the market now offers" and also
that you should "buy, and buy
now"
AS we have told you before, il
YOU care to depend upon our
Judgment it will be treated as an
honor transaction.
Yours cordially.
N1ENRY l.. DOHERTY