New-York tribune., 1922-04-02
Seeks to Increase Yield

as"t yest'neot coiumn ~. wiring 70 al, your
any Or the following. inyestlaen,s: 'rh,es
vi .tul1ec El>ctlic rs seven Norfoll. l.
~: ~: 3rn - tour louisville =. Nsshyil,s
.. = three J,sne Snore & Michigau As
four Duraio Crosstown ts eisll, Washing
ton EaitWaN and E.ecrr,c - sixteen F.oujs-
[A,N ~ way Company -. i've $500 Nor
hose psr value g $4,000 trins in al
ucon.a ~ 5000. hioh is lose ,han &
-, cent, can not batter jus incoioc
,T''hou' iosss to satHtH? In addition o"n
'~rs and TGt.. -heres or SleUv on for
oh':A paid ~ and watch - now
81. the atter pr mait IN 'hc hops or irs
-seoTeinS il nsrt st ls~s;@ 'rhey sre
'huh. tho oriy inrtstsnents 7 hay" which
80 not conservative. but cannon CON
sira consertatisa, nth y }it,lc moe in
c.Aise" shall have $500 TO inT Test by
.,csnSt - N'cos j." good bon3s ana
~ no" u ihe "'S;Hlimon. plsn" And
me 5fnes ,,oo .@@ M sNeay 90 stock sna
aiNl>H .lso wlstnef t. hold ten 81 oo0
,nst-s m tht Kentucky Wagon Worns.
Mhich ps'd 70 per- tent f"r many yeara.
iE-n per cent ana OK does NOT psy al
all. lava NOU any IN Formation * 10 this
compsHy" -sh THIS 'oi a friend F. Fl. NJ
Answer You have q large part of
TcIt inVes'ment II Louisville Railway
5s and e yom can dispose Of part OF
:hrm. even as much as one ali. with
nNt loss. we chink II would be I'D
v!ssble 10 do so ou NJ. only have
100 much oi this particular issue, but
too many public utilities. You viii
come nearer 10 having X proper diver
sificatoH if You carry oct these two
recomn, enoations. With the proceeds
rom th.ic sales and the funds derived
iran1 the sale Of your frames and Skcl(y
Oil stock. both O. which are spacula-
tjVs. %ou NIGH; gu" conservative bond
TO bring up the average weld of your
Investment. lnssmuch as YOU would
be holding some ciit-edge rail bonds,
Nou could Witn safety take on some
New York Telephone 1efundng Is,
194l. Welding 5"4 per cent: American
SmcltlNS os. lai1. returning 5.G3 per
cent: United States Rubber 3s, 1917.
returning 5.15 per cent; Lggett &
Myers 0s. 1851 returning o.3A per cent.
H. this way you can combine con
serVntism with a little MOI, income
We also th;nN YOU might consider
whether thc Lake Shore & Michigan
Il are CT long enough maturity. One
other in 1881. r. i. is the 1923 Issue
you nave. the three bonds will be
WORT. Sof0 more al maturity than at
present. In the mean time, Of course,
your return $ only 8 per cent on
th- amount YOU could realize from a
SAL al the current market. You could
S.. tr"c New Work Central Raiiroad d
A. due in 1893, returning 80 per cent.
u, exchange Fer th.sr bonds and have
about S420 balauce. Ii the $4,000 due
1T August is a certainty there are ways
o. ticipatjng It's receipt without re
sorting 10 The .stt;al payment plan.
Consult Veur banker on his point and
see il YOU can n4qse an arrangement,
but 10 not IN any event ove,buy. In
addition to the bonds alrcsdy sug,
gcsted you might consider United
Kingdom OF Great Britain SIS. 1897:
Swedish government Sc, 1899. selling at
about 100; Oregon Railroad E. Nsvigs-
ton IS a Union Pacific bond. due
l9Ao, with & current return Of Oh per
ecnt; Great Northern IS. 1888, With a
currsnt return OF $50 per cent, Some
o. these bonds would also hep bring
up your average income. Although
NOT gilt edge, they are good bonds, IN
our opinion.