New-York tribune., 1922-04-03
Her Life's Savings

question: am for the last seventeen
ana am much Interested In the Investment
column. through which have learned that
you glVe your inQuirers good, sound ad-
most appreciated advice In my own matter
how could Increase my much needed
troubing you with such long note and
tull details. am single woman flfty
age of nine years. and then hard times r.s
began for me, At the age of fourteen
had had to start star, to make my living at 81
years. then 1t was raised to So week. and
worked ut this rate another three years.
was very careful with my earnings and
spent as little as possible I worked
thirty, four years uninterruptedly without
three months several years ago. when the
doctor ordered me to rest fearing gen
until two years ago, when my health broke
down completely, and cannot earn my
living any longer, My hard earned saw
s1l. 900. of which $4,000 have deposited
in savings banks and $1,000 In Liberty
bonds. Interest on this in all Is st42.6o a
little income cannot live since tho cost OF
prices could have managed to get on, but
now it is impossible. therefore ask you
to give me S1ur 1 Kind aoHGo Hnd IN ob PLCfurg i
yield mo interest than the savings
banks do. do not care to invest IN IN
for woman in my circurnstances. Or
what do you think about 1t? do not
know anything about finances; therefore
ask you FOR your kind advice. what bonds
to get and how to procure them DO the
brokers charge a commission fee and what
is the regular rate they charge for $500
or $1,000 bond? Can the bonds be reg
istered? VIII you also be good enough to
let me know the present sales price, the
! maturity date and the security they are
| hacked by, also the yield? Please excuse
me for being so particular about the de-
| taii hut
ones hard earned savings. l always nave
been very careful with my money in order
| to have something for my rainy day. My
| friends advised me to invest in foreign ex>
| changes, in French francs. when they We're
down at l74o to the doiaT @ but e,snds thGugnt In
i vested $40 900 in francs, which she sold the
other day with q net gain OF vs. 900. She
advice. I am sorry to say do not believe
| In foreign bonds. They are selling, in my
estimation, above their real value. Poor
every other week. how Will she ever be
able to meet her T d4 Great 70 Br,tan
and Ireland 5i2s. 1887, safe bonds:-Mlss
NJ e. II
Answer-Let your friend laugh
about your lost opportunity. II we
know anything about human nature
her. success will encourage other specu-
lations, and the end is not always
agreeable to dwell on. Better put your
money in good bonds and let your
friend take the risks. You cannot af-
ford to do it. We belieye you are
entitled to moro than S442.50 a year
on your Sl1 900. We think we'll of the
United Kingdom 515s. 1887, yielding
5h per cent; $1,000 Of that issue and
two bonds Of each of the following
would be suitable for your purpose:
New York Telephone IS, 1941, current
return 5.84 per cent; oregon-Washing-
ton Railroad and Navigation as, 1861,
return 5O6 per cent; Montana Power
5s, 1943, return $50 per cent; Pere
Marquette 5s, 1856, return 5s8 per
cent; Bush Terminal Buildings 5s,
1860, return $50 per cent. These bonds
would cost about S10,210, and would
give you a yearly return of s555: We
would advise you to keep your Liberty
bonds, but if you have Victory notes
you might dispose Of them and invest
the proceeds in any one OF the bonds
we have mentioned Brokers charge
a commission of S1.50 per $1,000 bond.
They will tell you how your bonds can
| be registered.