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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Aug 21, 1925
Page
8
Babson notes several reorganization efforts creating potential safe investments and profits. Virginia-Carolina Chemical, American Writing Paper, Ward Line, Riordan Paper, Denver & Rio Grande, Milwaukee & St Paul rail and Puget Sound bonds are mentioned with proposed settlements and new securities.
A vintage ad claims a home recipe to make a quart of bug killer for 35 cents, said to destroy bedbugs roaches moths and other insects while not staining clothes or burning. It promises to kill eggs and to be sold in sealed bottles as a ready to use form.
A dated advertisement promotes Allenrhue Special Formula No 2 capsules from C W Phillips or other druggists to relieve neuritis rheumatic and sciatica pains within about 24 hours. It warns against liquid forms and promises lasting relief after a few doses. The ad targets sufferers of nerve pains and gouty conditions.
The piece explains how defaulted bonds reflect general conditions and current low money rates push prices up, suggesting defaulted securities are less attractive than a year ago. It notes the market at a Budson chart’s early high phase and hints at possible reorganization opportunities while urging careful consideration before investing in a first mortgage bond from a trusted landlord.
Francois Knezetich transfers lot 7 to Mike Kanobka. Maris Schwartz sells fot 2097 to Jos Macaidh. Sheffield Land Co transfers Lorain parcel for 2500. Charlotte Stewart sells lot on Root Road Lorain to Max Peabody for 7500. Joseph Smith sells 10 acres in tot 8 to Eliza Smith for 500. John Halpin to Oscar Son sells lot 18 Lawndale Avenue for 5500. UB W L Morgan et al transfer lot 210 Perkins ad dey Lorain for 500. The notice invites readers to place an ad in The Chrontete Telegram want page.
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