National Geographic : 1912 Apr
What shall I do?- " I am an investor of moderate means -what investment is best adapted to myneeds?" If you are an inexperienced, timid investor, or if you can afford to accept the low rates, you can obtain well-known market bonds of assured safety to yield from 4 to 4/%. "But I want a return of 5/2% or 6% if I can feel secure in the investment." One of the safest forms of investment yielding that rate has been proved by experi enced investors to be First Mortgages on western farms. " That sounds so far away-I shouldn't be able to see the securities." You can't see more than the surface of any security you buy, and distance hardly counts in this day of territorial inter change. Whatever investment you make mustbebased largely on the judg ment and integrity of some responsi ble dealer. It is fair to presume that thesebusinessqual thesebusinessqual- The owner of these bl ities exist equally Dakota, borrowed $700 i in all sections of pany in 1900 and paid the country. loan n "ButhowamItoknowofthere sponsibility and integrity of a dealer in another city ? " Any dealer long in business has a record which can be easily investigated. He can furnish you with references beyond question, and a little effort on your part in this direc tion may reward you with the additional in come you desire. Your banker or attorney, if disinterested, can help you about this. ui fr i n " Why can I obtain such interest rates on a perfectly safe investment ? " Because in developing agricultural regions at a distance from money centers money is at a greater premium. In the West all money is actively engaged in highly produc tive enterprises, while at money centers great quantities of money are constantly seeking investment. Interest rates are, therefore, higher in the western country. " What is the feature of these invest ments that renders them so peculiarly safe ?" First-The fact that you loan only about one-third of the Present Market Value of the farm. Second-The fact that the Present Market Values of the Farm S are logically certain to increase. "What makes you so sure that these land values will increase ?" Because these lands produce an annual ildings, in central North revenue from 25 to om Wells & Dickey Com- 100% of the present it off in 1905, when the atured. market value. As long as the population of this coun try increases about 5,000 daily and people continue to consume the products of the farm, agricultural lands will be in greater demand each year and their price will advance. Write today for Booklet "N" which tells all about Farm Mortgage investments. We have been estab lished in this business 34 years. Wells & Dickey Company McKnight Building Minneapolis, Minnesota ESTABLISHED 1878 CAPITAL AND SURPLUS, $750,000 "Mention the Geographic-It identifies you."