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