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THE DETROIT JEWISH CHRONICLE
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PAGE NINE
IN FINANCIAL DETROIT
41 ,
$25000.
Proviece of Saskatchewan
Dominion of Canada
6% Coupon Gold Bonds
Dated January 15th, 1920
Due January 15th, 1925
Principal and semi-annual niterest (January 15th and July 15th) pay-
able at the option of the holder at the National Park Bank,
New York City, or Union Bank of Canada in
Toronto, Montreal and Regina
Denomination, $1,000
FINANCIAL STATEMENT
(As Officially Reported)
Total Funded Debt (including this issue)
$34,946,404
Less Sinking Fund, Telephone System, Municipal Loans, etc. 17,900,204
Net Debt
Annual Subsidy from Dominion Government
$17,046,200
1,680,077
Total Assets (consisting of Dominion Government Debt,
Allowance, School Lands, Public Buildings, Telephone
Systems, etc.)
70,013,560
Population (1911)
492,432
Present Estimate
833,000
Net Debt per capita ($22.461 Is the lowest of any Province in Weatern
Canada
These bonds are a direct and primary obligation of the Province
of Sasgatchewan, IvItich has an area of 251.700 square miles, or
greater than that of the United Kingdom of Great Britain and greater
that that of any State of the Citibal States, with the exception of
Texas. It ranks first among the Canadian Provinces ni the production
of grant crops, second in railway mileage and third in population.
Price 96.86 mad Interest, Yielding 6.75%
(Payable ill New York or Chicago Funds)
Dansard - Hull - Bumpus Company
47 Congress Street, West
Detroit, Michigan
Main 3410
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$152,400
Township of Ecorse
School District No. 1
Wayne County, Michigan
15-Year 5% Bonds
Dated February 1, 1920.
Due February 1, 1935
Interest payable February and August at Peoples
State Bank, Detroit, Michigan
Denomination, $1,000
Assessed Valuation in 1919
$9,444,188
Net Debt (including this issue)
184,500
Population, estimated
6,500
Number lof Children of School Age
1,164
The Michigan Alkali Company has its principal plant at FORD
CITY, employing about Five Thousand Men. All of FOltD CITY is
Included in the District.
There Is a 20 minutes' service on the Detroit United Railway Com-
pany with Detroit, Michigan.
Subject Legal Opinion of Wallet C. McNIeI.
Exempt from all Federal Income Taxes.
Tax free in Michigan.
Price on Application
W. G. Souders & Company
1438 Dime Bank Building
Detroit, Michigan
TELEPHONE CADILLAC 6010
TELEPHONE COMPANY'S
HEALTH HINTS POSTERS
RECEIVE MUCH PRAISE
Detroit—Visual Health lessons for
use in the weitarp work of industrial
concerns of 'Michigan, as prepared and
promulgated among its employes by
the Michigan State Telephone Com -
pany are commended and much
sought by big employers- elsewhere.
The Medical Department of the
company has been beseiged with re•
quests for copies of the health pint
posters being exhibited at its central
offices here and to be sent to all of
the larger exchanges in Michigan and
has distributed many sets of photo-
graphs of the originals. The De-
troit Health Department likewise has
asked permission to use the posters
and has reproduced sonic of them in
its health bulletin, while health offi-
cials have also asked permission to
use them in the city schools. The
posters will be exhibited in about
thirty Michigan cities.
BEN B. JACOBS, NOMINEE
FOR DIRECTOR OF B. OF C.
WEEKLY MARKET REVIEW
Furnished By The Staatiatical Depart-
ment of O'Hara, Ferriss & Co.
FOR RENT—Nicely furnished front
room in steam heated apartment on
Medbury, to relined gentleman. Call
Northway 535441.
FOR RENT—Nicely furnished front
room, centrally located, to relined
gentleman. Call Melrose 521-51.
.0=0===01!70..0f120
/ 41
v:'
e
Natio
bank prepetion for your
saving,: th highest possible type of
service and c -operation on commer.
r o l
satisfaction; these are just a few of
noi n ■ iiRD
tee advantages you gain by doing
business with this bank.
10111)11
/414 , lit
WANTED—By young widower, re-
cently bereaved, the services of a
woman of refinement, who is capable
of appreciating a good home, one who
has had experience in taking care of
children, and who would be able to
give three a mother's care. A sub-
stantial remuneration is attached to
the position as well as the privileges
accruing to a member of the family.
The advertiser is a young business
man, of some means and of good
social standing in the community.
American Jewish woman preferred.
Communications conveying details
will he received in confidence. Box
886, The Jewish Chronicle.
German Marks
Uncertainty
fer aft opportunity to purchase
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FIIIST,OLD DETROIT
NATIONAL BANK
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01:201=10=01=101=01=10=01=01:1O
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Dime Bank Bldg. Cherry 271
Woolworth Bldg., New York
Cherry 829 ■
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Second Floor, Din:e Bank Bldg.
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The Detroit Life Insurance Company
M. E. O'BRIEN, President
"The Company of Service"
— AGAIN AMONG
THE LEADING LIFE INSURANCE COMPANIES
Doing Business In Michigan
A production of $5,222,000 of new Insurance paid for last year made 1919 the
greatest year in the history of the Company, not only In the amount of insurance paid
for during the year, but in Increase in Insurance in Force, Reserves, Surplus and
Admitted Assets, the Increase in Pahl-for business over the previous year being
$1,400,000, equivalent to an increase of 37 per cent.
The Books Closed on December 31, 1919, with
$16,977,571.00
And With Admitted Assets of
$1,327,182.81
Marks at approximately 1-20 of
their normal value.
Quotations on request from our
against In the placing of your surplus
money where it is to earn you a future
income.
Members Detroit Stock Exchange
Direct leased wires to all parts of
The wisdom of the ages has deter-
mined for all times to come that the
SAFEST place is in a well-established
the country.
801-2 Dime Bank Bldg., Main 5480
Year
Ending
1911
1913
1915
1917
1919
Payments to
Policyholders
None
$ 20,090.82
29,554.19
56,895.22
118.439.41
Insurance
in Force
$ 1,729,970.00
4,051,150.00
7,199,218.00
11,750,811.00
16.077,571.00
$
Reserves
Premium
Income
11,082.88
111,155.02
301,757.93
649,660.77
1,159,810.30
$ 49,553.11
141,517.37
242,840.96
399,664.69
572,590.79
Assets
$ 234,306:48
297,472.12
435,789.57
819,291.23
1,327,182.81
Total Death Claims Paid to December 31, 1919—$342,600.88
In 1919 the total payments to policyholders (including death claims paid) were
savings bank,
$118,439.41, but nevertheless during the name period the Admitted
Assets increased $280,006.88
This bank has protected the savings
of Detroit folks for over 67 years.
OTIS & CO.
',Members
of
IRS
STATE BAN
A RECORD OF GROWTH
Foreign Exchange Dept.
C. M. DEAKIN & CO.
KT
Griswold and Lafayette
Nine Convenient Branches
New York
Detroit
I Stock
Cleveland Exchanges
Chicago
With our own private wires o the
four principal stock markets,
New York
Detroit
Cleveland
Chicago
we are prepared to promptly
execute orders In all securities.
200 MAJESTIC BUILDING
I. W. CRAIG, Manager
Cadillac 6502
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FEDIMALRESEIWE BANK
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■ The following securities at present market prices offer stability of ■
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■ investment with good possibilities of enhancement In value:
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Approximate yield at ■
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present market price
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American Light & Traction, Common
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Cities Service Bankers Shares
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111 Continental Motors, Common
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■ Lincoln Motors, Class "A"
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Michigan Sugar, Common
1986'.25
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■ Paige-Detroit Motor Car, Common
■ Call our trading department for detailed Information on these or any ■
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• other securities in which you may be Interested.
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O'Hara,
Ferriss
&
Co.
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Certified Public Accountants ■
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Members Detroit Stock Exchange
The present rate of exchange of-
Is the one Important thing to guard
O
0
Paid for Insurance in Force Amounting to
The Element of
O
Capital and Sur.
plus $7,500,000.
WANTED—By business women,
two to five unfurnished rooms. Pre-
fer Crosstown district, east. Phone
after 10 a. m., Cherry 182-J.
EXCELLENT OPPORTUNITY
for man or woman with manufactur-
ing ability. No capital necessary.
Call Cherry 182-J after 10 a. nt.
FURNISHED ROOM to rent to
gentleman. Call Hemlock 1572-3,
between 6 and 7 p. m.
O
dal accounts; d, if you desire to
send money or lo bu-dness overseas,
a world-wide connection that assures
It Is generally believed that the de-
pressing factors now known have
!tern more than discounted, and the
market news is again of an encourag.
log and constructive character. The
long desired correction in the money
situation seems to have been accent.
'dished. Money Is again at a con.
velilent level, prospects of favorable
railroad legislation are promising, and
the early ratification of the peace 0
treaty is generally expected. A close
analysis of the market situation, as
presented today, gives promise of
higher levels In the near future.
Ben B. Jacobs, nominee for election
as Director of the Detroit hoard of
Commerce, is a Detroiter, born 33
years ago, son of Abram Jacob, for
over 40 years engaged in the whole.
sale fruit trade of Detroit. Educa-
tionally he is a product of the De-
troit public school system and the
Detroit Buiness University. His
first business contact was with the
jewelry business. In 19(10 he began
an activity in real estate business
which has continued to the present
date. Among his activities in this
Income Tax Interpretations
line was the creation of the Gratiot
Central Market, on the east side of Correct Computation of Income Tax
the ciy.
Returns Depends on Accurate In-
During the past four years he has
terpretation of Exemptions
been active in the upbuilding of the
Detroit Mortgage Corporation, which
and Deductions Al-
has provided upwards of $5011,000 for
lowed.
housing and building enterprises in
the city. He is president of Worth &
Failure to understand the fine
Co., retail dealers in women's wear
points of distinction involved has
at 232-4 Woodward Avenue. In the
resulted in many embarrassing
work of the Board of Commerce Mr.
Jacob has done much good work in
and costly complications.
a recent activitiy for providing funds
for meeting the heavy drafts at the
The Certified Public Account-
war period upon the resources of the
ant, through special study of this
organization.
difficult aspect of the law, is in a
position to render valuable serv-
ice.
RAGTIME TAUGHT, also Classical
Music, according to modern school.
Miss Helen Krause, 220 Medbury
Ave. Northway 3436.
CLASSIFIED
OM 00 01= 0
February 12th, 1920.
Trading; has been brisk during the
past week on the Detroit Stock Ex-
change, several thousand shares hav-
ing changed Monts daily. The motor
stocks have been very popular, prom.
Went among these being Lincoln, Con.
tituntal, Packard, Paige, and Rio,
Strong Inquiry has also run through
the list of public Milities American
Light & Traction, Cities Service, and
Detroit Edison being the subjects of
several transactions. The sugar and
oil stocks have also received consider.
able attention on the local market.
al sh
GREAT OPPORTUNITIES FOR LIFE INSURANCE SALF-SMEN
The rapid growth of the Detroit Life Insurance Company Is conclusive evidence
that its agents are successful and earning large Incomes. The rapid expansion
of the business offers opportunities for many others. There Is still considerable
territory in Michigan not covered by a General Agency. However, this territory
Is being assigned rapidly. Therefore, if you have experience as a life Insurance
solicitor and feel that your present position does not offer the opportunity which
you desire, why not write to us and find out what we have to offer. No matter how
successful you have laatn in the past, the Home Office co-operation which you will
receive from the Detroit Life will enable you to succeed better than you ever
have before.
For further information write direct to the Company
Home Office: Blessed Building
Corner Forest and Woodward
Morris Fishman, Supt. Agts.
Wayne County
John R. Walsh,
Vice-Pres. & Agency Mgr.