THE DETROIT JEWISH CHRONICLE
PAGE FOUR
The following Members of
Carlyle & Povah
W. A. Hamlin
and Company
The Detroit Stock Exchange
Extend to you their Best Wishes
Members Detroit Stock Exchange
for A Happy New Year
Members Detroit Stock Exchange
Listed and unlisted securities in all markets bought and
sold
on COIIIMISSI. 011.
Information on any stock furnished upon request.
American Light & Traction
Auto Body Company
Charcoal Iron Company, Pfd.
Columbia Motors
Columbia Sugar
Continental Motors
Ford Motor of Canada
General Motors
Hupp Motors
Hoover Steel Ball
Michigan Sugar
Miles Detroit Theatre
Packard Motor Corn.
Paige-Detroit
Prudden Wheel
Reo Motors
Studebaker Corn.
606 Penobscot Bldg.
Detroit.
Telephone Main 4800.
Ire solicit your orders and inquiries.
We maintain an active market and solicit
your orders and inqiries in the ufollowing
stocks:
A.W. Wallace & Company
Members Detroit Stock Exchange
Penobscot Bldg.
Cherry 4326
W. A. NEER & CO.
246-250 Penobscot Bldg.
Member Detro't Stock
Exchange
Complete statistical information will be mailed
Lniul SI OC k S C a r rie d
upon request. Ask for our new letter on "Ford,"
Penobscot Bldg.
LEE, GUSTIN & CO.
CO II SCI V al iZ 'e M a rgi n.
Members Detroit Stock Exchange
Phone Cherry 2800
Cherry 7210.
Dime Bank Building.
Specialists in Detroit Securities
Main 5000
$500,000
of Detroit (a Michigan Corporation)
8`,/, Cumulative Preferred Stock
Par Value $100
FREE FROM STATE, CITY AND NORMAL INCOME. TAXES
Detroit, Grand Haven
& Milwaukee Ry.
Authorized
Noble & Company, was organized and
$500,000
700,000
has been continuously serving its custom-
The growth of this concern has been consistently rapid since their
inception, and average earnings for the past five years, which have
been Increasing steadily, are equal to over five and one-half times the
maximum amount of dividends upon the preferred stock. As the plant
has capacity business placed for the next six months. the earnings
that are practically assured will be about TEN TIMES THE.
INTEREST CHARGES ON TIIIS ISSUE.
Subject to sale and when as and if issued and delivered to us, we offer
the above stock at
Due Nov. 15, 1920.
Interest payable April 1st and October 1st in New York or London
These bonds are a Mortgage on all of the property of the (company
which, in addition to Detroit Terminal properties, includes 190 miles
of Main Line from Detroit. to Grand Haven.
Endorsed 011 each bond is the unconditional guarantee of principal
and Interest of the Great Western Company, which was consolidated
Into the Grand Trunk Railway Company of Canada in 1822, and this
guarantee assumed.
These bonds were payable November 15, 1918, and at that time
privilege was given the holders of the entire issue the right to cash
same or extend the pat mat for two years, at which time they would
be paid at 101 and interest. Most of the holders elected to extend the
payment and these are some of the extended bonds.
!he Investment
Outtsanding
Preferred Stock 8'; Cumulative • $1,000,000.
- 2,000,000
Common Stock
6% GOLD BONDS
Twenty-dive years iig ■
Banking Nouse, which is nnw II. \V.
CAPITALIZATION
Extended Consolidated Mortgage
ers since that time.
NVe have statistical information which
has been carefully compiled in these
twenty-live years, and a trail] ed force of
experts who examine into the fundamen-
tals o fey cry organization whose securi,
ties ‘xt,
Par and Accrued Dividend, to Yield 8',;
C. M. DEAKIN & CO.
H. W. NOBLE & CO.
The Oldest !louse in Michigan
INVESTMENT SECURITIES
801.2 DIME BANK BLDG. TELEPHONE MAIN 5480.
314.318 Dime Bank Building.
Telephone Main 6026.7.8-9
DETROIT, MICH.
PRICE 98 and interest yielding 8.257
W. E. MOSS & COMPANY
AN.
J. W. Murray Manufacturing Co.
$25,000
Dated Nov. 15, 1878.
MI
■
INVESTMENT RANKERS
Union Trust Building, Detroit, Michigan.
JOSEPH J. JACOBSON & CO.
INVESTMENT RA NIERS
9 WEST PORT STREET
Ground Floor
TELEPHONE CHERRY 7380
Matthew Finn
714-16 Penobscot Building
We are about to offer our clients all opportunity to
Invest in the stock of a company which is situated in the
City of Detroit.
This Company has been established a number' of years.
It has a reputation of such high standard and is so well
known throughout the State that it needs no introduction.
It's customers are among the best known In this vicinity.
Telephone Main 6104
They now occupy an entire buildnig and another build-
ing is being erected, which rltall be the fittest of Its char-
rl
First Mortgage 7 per cent Serial Gold Bonds
It's product is in such great demand that busbies is now
being turned away.
*
Peabodys Limited
acter In the country. This b u ilding Is nearing completion.
The stock, in our opinion. is not only absolutely safe,
Free form personal tax in Michigan as well as
Normal Income Tax up to 2 per cent
GEORGE M. WEST & COMPANY
Established 1893
but has the possibilities of very large profits, and as the
ncaler in City of Petrol . ' and other Michigan
.11 nolo. pal Ponds and all listed and
unlisted stocks
issue will he limited, we would urge our clients to come
in anti It‘t us tell them about it.
\Ve feel that this is one of the best Investment oppor-
tunities that we have ever been able to offer.
Wo•■■■••■•••■••■••■ ••••••• ■ •••••.,......
MEMBERS' DETROIT STOCK EXCHANGE
Union 'Frost Building
Tele. Main 1118