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Show CORPORATION BONDS PREFERRED STOCKS COMMON STOCKS The Difference A BOND of a corporation is a promiso to pay a certain auw at a specified time, with a fixed rate of interest. It is customarily secured by a mortgage or other collateral. The holder of a bond makes a loan, and if the interest or principal i.s not promptly paid, he, with the other bondholders, can take the property pledged as security. A PREFERRED STOCK is an evidence of ownership in a corporation, cor-poration, willi certain pnerential rights. Usually the preferred stock is entitled to stipulated dividends out of earnings before the common stock can receive dividends; aud in case of sale of the. corporate properly, or liquidation, the preferred stock must be paid out in full before the common stock can receive anything. Holders of bonds or other evidences of debt come first in a claim on the assets, then the holders of preferred stock, and thou the common stock holders. If there are no bonds or other debts, the preferred stock comes first. A COMMON STOCK is an evidence of ownership in a corporation, corpora-tion, without preferential rights. Jt is eutitlcd to dividends, if declared, and to a share in the assets only after the bonds, preferred pre-ferred stock, and all other claims are taken care of. What to Buy as an Investment Of the three classes, bonds are safest, and preferred stocks" next, although some preferred stocks are safer than some bonds. A thorough investigation of each security should be made before purchase, and all the factors carefully weighed. It is our function as investment bankers to investigate various securities for tbe benefit ben-efit of our customers, so that anything which we recommend may be confidently purchased as good in its class. How We Discriminate Ve recommend certain bonds and preferred stocks, but we do not recommend common stocks for conservative investment. This does not mean that all common stocks are unsafe, but that they are subject to so many fluctuations in earnings, dividend rate, value of the security, and market price, that we do not feel like taking the responsibility of recommending their purchase to people who depend on us for advice. Our trading department buys and sells for customers standard dividend-paying local industrial, commercial aud financial common stocks, and furnishes available information to aid them in forming their judgment whether to buy' or sell. But this is different from our function as investment bankers, where we put our reputation back of our recommendation. OUR REPUTATION MEANS MORE TO US THAN YOUR MONEY DOES TO YOU Bond Investment We have selected from our list to recommend especially at this time, NEVADA-CALIFORNIA ELECTRIC CORPORATION FIRST LIEN 0 PER CENT GOLD BONDS. Price 96 and accrued interest, to net G.3 per cent The company is increasingly prosperous, and the bonds are well secured. Wc will be glad to explain to you why. Preferred Stock Investments We recommend the following: Approximate Yield luale. Price. Per Cent. Standard Oil of New Jersey . . 7 Per Cent Market 6.'J Amalgamated Sugar Company ... 8 Per Cent Market 7.5 J. C. Penney Co. (Golden R.ule Stores) 7 Per Cent 9S 7.14 Standard Tank Car Co. 8 Per Cent 101 7.92 Utah Power & Light Co 7 Per Cent ' 97 7.22 Goodyear Tire of California 7 Per Cent 100 7 Accrued dividends to be added. Details on application. Sugar Stocks The world shortage in sugar and prospective higher prices have been factors in the strong and active market in sugar stocks, including in-cluding Amalgamated Common and Utah-Idaho. Our trading department de-partment will buy or sell cither of these stocks for you at market prices. Bond a Mortgage Cempaiff Suite 412 Walker Bank Building. Wasatch. 5888. Liberty Bonds bought and sold for cash on basis New York quotations. WILL BUY (Subject) r-.ono, American Oil ( .01 3.0'0 Big Bear 03 l.Ono Bis Indian 44 I.00O Ko.ston-U yomins ... Offer I.O00 Capitol Pet T5 o.omO Con Oil Invt 12 U 15.000 vut Went Offer 110,000 Western Plains Offer f.oo Victor Mtr & Clutch Offer 5.000 Call Switch Offer WILL SELL (Subject) l.OOO American 01 l.oOO Apex lief low. t, l.Ono Ri Rear 04 r00 B's Indian 56 H Roo Roflon-W voming ... Market ! I l.ooo Capitol Pet 17 II 1.000 Cushinf? (;arbcr 03 V I 1.000 Con Oil Invt 20 II 100 Kikhorn 5 S 1,000 Mutton Lake 03U I I loo Kinney 66 . 1.000 Masc-u O & R Utah .03 1 l.ono Out Weat Market I l.OOO A'estcrn Plains 05 I 1.000 Riverton Wvo Rof... .18 1.000 AVindrtvcr Pet or R. . .15 ,D 1,001 Blue Jav Mining 01 V- I 200 Kolby Wheel 16 " I 10 Pan Motor 9.00 Cj 100 Victor Mtr & Clutch 1.75 I 1,000 T,cad Belt Mng- 03 E 1,000 Cottonwood Gr Cent Bid I 10 Royal Duke Bid 5 bO Moiandor Power 45 I, Ohio Guslaveson Oil. Special Price I W'n specialize in oil stocks and H we keep in clow touch with all oil I markets. If you do not see the t; trick you want, write us, and we I ill tjuole you on same. Send us your buying1 and selling; orders, j Liberty Bonds bought and sold at j market. UTAH-WYOMING BROKERAGE K COMPANY JJ 221-225 Atlas Blk. Was. 5640 I Salt Lake City, Utah I LUKE COLLECTS Continental Bank Bldg., 10 Eoom Salt Lake City, Utah LUKE COLLECTS ULPH A. BAD6ER & CO. Stock Brokers 1 rami m ii ii mi mii i in mi n i i i i B i WE WILL BUY a I U. S. Liberty Elonds and War Savings Stamps R : '''Amalgamated Sugar Offer 50 Pan Motor JS.no j "4BS $9 50 1000 Pope-Shenon , 12 c H 'W Beetgrowcrs- Sucar 23 pi"Sre s,'?ar Offer pj li PjI T sugar ji,. l0 wn Knset Mining 9"-c U 1" Ta i,- am Motor 3U: lt'00 Silver Ilo Prod Offer E VirZ c ' $118.00 50 Texas Ksigl- J17.00 3 ''J Cih i & Chem 24c 1000 Thompson Malted Food $1.15 'lf,'"l I b ? f",,nS '"'ffer ISO Utah-Idaho SuKar S8.75 3 ,rf Krns Tunnel Offer Don Uintah Oil & I'lxp Offer j lw i" T Clark Tire Offer i'O Utah Pr &- bight S.0 1 i Bl? lx 7c 1000 Victor Motor & Clutch Siie H L-ogger ,M,ing lnc 10W) Virgin Domo Oil lie 9 ; 7; p-" ate Gun Club Offer 50 West States Mtg & Loan ..Offer 3 y r-'Plea Sugar J5.00 50 Western Live Stock Loan .Offer jjj ' ..( WE WILL SELL 1(4 E.ll'r' Pliar 60 People's Sugar J5.50 fl rfc-.V.-.V.V.V71o 3('()f, s han' Tooele 4e 500 Pope-Shenon ISO ffi ltr.r, -ptloimood Grand Cent . ..a'-'-c 1 "00 Sunset Mn; 12 'Ac 8 i Con w- Bmbar ?lc imt Stockton Standard 10c 3 'i"1 Dhi r?f $120.50 1000 Seltr.a Mining 5c K lSlp" Jl 3Vic .00 Sugar Cent Lis 91c J Puu sfety First in 500 Standard Coal 56c Wfl Fit c K,xt 4,; 500 Salt bake Stock Yards $7.00 JiSr 1" Oil 4c 1000 Save-U -Gas l 5j r p e-n " 3 '.Ac 50 Texas KaKlc Oil $17 50 A i'" Iron v- & '-'hem :'5c 10Q0 Tintic Pavniaster 13c J 10 KmHi- i!n.ngK M"g 2c 20 TTtah Power & Light $37.00 A '"""I limit , Richards $1X5.00 2000 Union Oil & Gas So Jg "-""i l'itii , s M.o 150 Utah Karns Tunnel 9c 3 10 Far' , iV 8tie 2r.0 Wvo Con Oil IMc '") I in ,stekg Bk $62.00 l'"i0 Utah Wyo Con Oil 11.' gj .'""I Ma" .Hnu 0,1 12Uo 200 Victor Motor & Clutch ....$1.10 (g I Moni Bi u 1'ic l'l'l Virgin Dome 13c ? -'""l II rt i.' sham 25c 500 Wasatch Mines 75c 3 ""'l Oiri n i y" 0il Sn 25 West Stains Mtr Loan $5.60 3 10 Pi,' y"0y Oil ;jc JOOOO Yankee Oil & Drilling lo i i E,ec &ugar $75.00 10 U-C-IT Indicator $8.50 g i Rasph A. Badger & Co. I VVEoT seCOND SOUTH, CITY WASATCH 3330-3331 j KOWTH and per- 'li 2' manen.ee await the f 5 i business which adds a i strons bank's helpful . y support to its own en- ;-: J f terprise. Resources, $14,000,000. f j Member Federal & r 7 Reserve System. T'S $i,ooo,ooo.ooX DIGEST FIIEE 11 Wrie for our Oil Digest, gixinp valuable ir, u i - - . up-to-date information about Texas, o? twol'ZnanS'eIn SSrTSZ Klor &yMaUed frCe " J"euocS R17 ir A" SLADE . C. W. SAVERY, Publisher 817 Foster Bldg. Denver, Colo. 690 Denham Building. Denver. Colorado .4 f DRS. SHORES & SHORES THE RELIABLE SPFXTALISTS FOR WPT .'.""'KSa MEN and WOMEN f 'f Office 249 Main St., lb i vs f Salt Lake Cltv. f Vs Z S Hours, 10 to 5; Sun- V days, 10 to 12. ws 1 !WP:;'Advice hj hpn yu toll YOTTR V';: TorBI,ES to a doctor. : . i S'::$'.$fat'. Mm want to know WHO .-J-::; - TIR TS. nnd ibnt hp in 'a ' rpI,nb,e and will trpat f- jnu ahitpt.v on the ttgm.-.';- y .fe-vi-i. square. call or -write. |