Investors not mirtlcular about market
ability of bondiT^nd seeking a perma
nent investment can find excellent oppor
tunities among terminal issues on tho
market. That class of bonds, usually
guaranteed by several roads, are out
standing In small amounts and can be
bought only in small blocks. The
Atlantio Terminal Company's first mort
gage 6 per cent, bonds, due in 1939, are
not callable before their maturity and
yield about 5.82 per cent, on their pres
ent-market prices.. Its stock Is owned;
ono-third each, by the Southern, the
Atlanta and West Point and the Central
of Georgia roads. Those roads jointly
guarantee the principal and the interest
of the Atlantic Terminal bonds. The
bonds are secured by a mortgage on
terminal property in Atlanta, comprising j
13.78 acres of land near tho center of
its business district, on which is erected
a modern passenger station and 4.98
miles of track, used by the three roads
and the Seaboard Air I>ine and th?
Atlantic, Birmingham and Atlantic Rail
way. each paying its proportion of ex
penses on a wheelage basis. The
terminal property represents a cash in
vestment of $1,722^000 and only $1,000,
000 of the bonds are outstanding.
Interest' Cliaree* Earned.
