Show RAY consolidated in commenting on ray consolidated charles A stoneham co says ray consolidated without the slightest hesitation we recommend the purchase of ray consolidated stock with even more emphasis we advise the purchase of the newly authorized ray consolidated bonds these bonds carry with them absolute absolu te security a yield of 6 per cent on the amount of the investment and in eighteen months or two years hence when ray consolidated should be selling at from 35 to 50 a share the bonds will be convertible into stock on the basis of 20 a share for the stock the situation is one which presents absolute security with huge speculative possibilities and we are even more favorably disposed to the bonds than we are to the stock 0 |