CORRESPONDENCE SOLICITED.



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.