Chicago White Lead & Oil Co.,

Cor. Green & Fulton Streets,

CHICAGO, ILL.

* * * * *

6%, 7%.

THE AMERICAN

INVESTMENT CO.

OF EMMETTSBURG, IOWA,

with a PAID-UP CAPITAL of $600,000, SURPLUS $75,000, offers First
Mortgage Loans drawing SEVEN per cent., both Principal and Interest
FULLY GUARANTEED. Also 6 per cent, ten-year Debenture Bonds, secured
by 105 per cent. of First Mortgage Loans held in trust by the
MERCANTILE TRUST COMPANY, New York. 5 per cent certificates of deposit
for periods under one year

7 2/3% CAN BE REALIZED BY CHANGING 4 Per Ct. Government Bonds into 6
Per Cent. Debentures.

Write for full information and reference to the Company at

150 NASSAU STREET, NEW YORK.