Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1922-04-02

NEW yonK. stnrli i.--"How can
D ssf-ly invest my ssvinrsg"
This question n heing asked nv hun
drtds Of Thousands who see the nation
entering a new era 81 'frenxied n.
nancs'.-and are dared nv failures Of
brokerage firms. Investigation 81 buck
n shops hy the district attorney Of
New York and other cities. the reyela.
lion ,uf another "ponzi" In Chicago.
end fhe expose OF Florida wire tapping
ei<an-ups and other get rich.qaics
"sncker" schemes.
Thirty.one firms ot stock brokers
have failed IN Wall Street alone during
the last three months with total losses
spproximatIng 5000. oeo.
3. TO help the small investor steer
safely throlsh the financial fog NEA
Service asked DR.. n. NJ. Anderson.
tconomist 81 the Chase National Rank
81 New York. 70 ~ tie The A v. G. %
Investment" an article containing both
vornfrs ard advice.
DIV y. VI. t>UERSoN. JR.. PH. ID Il.
kf@hss,isi. Chase National Rank. NY.
IRA small 'inyesirr" who tries %
mat 70 per cen; on his money IL no,
an investor. He l. a speculator.
The agent who soliciis the funds az
ANAL Investors promising them ~.
turn OF 10. rs or 20 per cent or more
on a sure" investment r.. consciously
or unconsciously. misrepresentine
fscts Sure Investments paying 10 per
cent or more are exceedingly unusual
snd. when genuine. are almost neve,
offered 90 the general public.
n h often well worth while for ths
mnn who CIR afford 70 lose money -
tske chances on speculative ncws pro
mcfions. Industrial progress comes ~,
new enterprises are started But ever
the best-pianned new enterprises a.
net always make good. and the SINAI
investor who cannot afford 20 lose hli
Inoney should not be called upon +.
take these chances. Moreover, n yer,
fneh proportion % the securities prom
isfnr great returns whlch are offero,
20 The small investor by solicitors mr.,
Issued b. unframed and over optimls,l
men. while n very substantial numbe
a. them I'VE outright frauds.
fieniy Of Opportunities.
The nioll investor need not lose hi
money. We has plenty OF oppor,nnl,ls
whS~h c0abinc virtually absolute SAT.
~ with suhsta r'iai income.
The bonds OF the Iaited States 20,
eminent and the bonds OF virtually 1,
our sta,es and better munIclpall,ie
may b. bought. Of course. wltho,l
hesitation. United States governmer
bonds can be bought In Denomination
as small as $50 each.
There are. OF course. savings bank
almost everywhere, well regulated an
det~ndae'e There are local saving
ana loan. or building aud loan. associ,
lions WHOSE mar - ment and trus
uorthiness The small investor can \,
~tstisate FOR himself.
tn most cortIunities. and nartlc,
i2rly IN the small communities. n
sii,.' Investor has opportunities TO hu
rai estate mortgsecs where he q,
rrfwfaiiv inspect ,he rropertles NOR
Gages', can personally insl..c, the M,
70 the lard 'or have II investigated
sne i-rfcver's expense by compete,
exv>ft0. uni personally see 20 n IN,
fnsursnoe premiums and taxes on n
property are n.ld. and that props r
i'airs are mldr.
Railroad Bonds.
Thcre are. moreover. a very lar,
number Of railroad bonds and lndusiri
bond whirh brings a greater re,u,
than do the bonds OF the United Stat
government. with practically absolu
safety. In choosing these the sins
Investor should consult hts hoe
banker.
To very large degree the hanke
of' the United States have come