•

sh 41

IN FINANCIAL DETROIT

ih sll

00=01=101=1011

1 0 =1 0 1 ==M:101=0= 0
O

U

O

MOTOR STOCK LISTINGS.

The following listings have been
furnished to the Jewish Chronicle
through the courtesy of Otis and
Company, brokers, at 200 Majestic
Building, Detroit.

EARNINGS RECORDS.

O

National bank protection for your
savings; the highest possible type of
service and co-operation on commer.

fire. 31.
1916
1917
1918
July 31.
1916
1917
1914

cial accounts; and, If you desire to

send money or do business overseas,
a worldwide connection that assures
satisfaction; these are just a few of

O

business with this bank.

0

Capital and Sur.
plus $7,500,000.

O

FIIIST,OLODETROIT
BANIE

lar113BR MERU RESERVE BANK

= 01=1OIL 01=10 =IOC= 01=0 1

GENERAL 310T012S.
Net Profits.
$29,146,107
94 634.855
35.504,576
Earned on Com.
116

75
Dividend. Paid.
$25

1916
1917
1918

the advantages you gain by doing

=101:142

Corner 92 x 80 on Park Street
Offered For Sale

Short distance from Hotel Charlevoix and other large building
projects.

This Is being offered at 33 1.3 per cent less than adjoining proper.
ties. Small down payment takes it. Consult with Henry Decker, or
Mandel Meyers, Business Property Department.

Benjamin F. Mortenson Co.

1319 DIME BANK BUILDING

•

PAGE NINE

EWISH CHRONICLE

THE DETROIT

Local and Long Distance Phones: Cherry 2683-Main 5237

1 12

PACKARD.

Oper. Income.
$7.70.5.457
1917
9,281,332
1918
7,155.691
1919
Earned on Com.
$41.20
191R
42,71
1917
41.16
1918
Dividends Paid.
74i
1916
6
1917
13
1918
MAXWELL. MOTORS.
Net income.
July 31.
$5 368,546
1917
2,154,835
1918
1,398.166
1919
Earned on Corn.
$29.62
1918
4.67
1919
Dividends Paid.
1918
$2.50
1919
7.50
WILLYS-OVERLAND.
Net Income.
Dec. 31.
1 9,565,178
1916
9,042,252
1917
10,311.897
1918
Earned on Com.
$5.74
1916
4.55
1917
1918
5.53
Dividends Paid.
1916
$4.50
1917
3.00
1.00
1918
PIERCE-ARROW.
Net income,
Dee. 31.
$4,070,259
1916
3.598.74R
1917
2,765.741
1918
•
Earned on Corn
$13.00
1916
11.19
1917
7.416
1918
Dividends Paid.
$2.50
1917
5.00
1918
HUPP, •
Net Prost s.
Jtine 30.
$179 925
1917
191R
745.138
1919
456,572
Earned on Com.

AUK. SI.

1917

$11.14

1.43

lisle

1919

Dee. 31.
1916

1917

Your Advisor

and invite depositors
W in E expect
this institution to call upon

our officers for help in their finan-
cial problems. Our long experience
may save you considerable expense,
worry-even failure.

Let us help you.

Griswold and Lafayette

Nine Convenient Branches

•

OTIS & COMPANY

(Members of New York, Detroit, Cleveland, Chicago
Stock Exchange)

ORDERS EXECUTED IN MOTOR, RAILROAD AND INDUSTRIAL

STOCK ON ABOVE EXCHANGES

CADILLAC 6502

Second Floor Majestic Bldg.

The counsel of the Certi-
fied Public Accountant will
obviate such difficulties, and
prevent serious money loss-

A. W. WALLACE & CO.

Detroit

N w York
Grand Rapids

Listed

and

Unlistid
Stocks

es.

Certified Public Accountants

Dime Bank Bldg. Cherry 271

Woolworth Bldg., New York

1916
1917
191R
1919

Dee. 31.
1916

1917

1918

1916
1917
1918

1916
1917
1918

STUTZ.

Net income.
1 191.812
1.074,779
594,048

Earned on Stock.
$ 7.92
14.33
7.92
Dividends Paid.
$1.25
Isle
5.0
1917
5.0
ASSET 'VALUE OF COMMON STOCKS
PER SHARE.
$103
General Motors. Dec. 31, 1918
244
Packard. AUK. 31. 1919
95
Studebaker. Dee. 31. 1918
77
Chandler, Dee. 31, 1915
Willy,. Dee. 31. 1915
33
33
Pierce-Arrow. Dee. 31, 1918
17
Stutz, June 30. 1919
5
Saxon, June 30, 1918
Hupp, June 30. 1919
6
Maxwell, July 31, 1919
None

OF DETROIT

An elaborate accounting
system in the hands of an
expert is not within the
scope of the smaller estab-
lishments, and it is this lack
of adequate knowledge which
has led to much of the anx-
iety and loss experienced by
such firms in meeting the In-
come Tax.

1917
1918
1919

Net income.
$1,716.166
2.352.403
2.194.618
5,652.255
Earned on Stock.
$24.5
94 0
91 3
26.9
Dividends Paid.
7
13
12
6
STUDEBAKER.
Oper. income.
$8,520.727
2 799.295
4.179.859
Earned on Stock.
$26.1
9.1
10.3
Dividends raid.
10
7
4

1916
1917
1918

IRST

-
Income Tax and
Small Business

1916

Dec. 31.
1916
1917
1915
6 mos.

STATE BANK

'

191R
1919

0.87

CHANDLER.

WILL ADD 10 STORIES
TO CHARLEVOIX HOTEL

A syndicate headed by Ben B.
Jacob, of the Detroit Mortgage Cor-
poration, has purchased for $1,250,-
000 the Hotel Charlevoix, at Park

rest

Elie tote

A. GLAZER

Will be pleased to be of service to his many clients and friends

- AS -

LOCAL REPRESENTATIVE

- FOR -

THE EQUITABLE

LIFE ASSURANCE SOCIETY OF THE U. S.
120 BROADWAY, NEW YORK

Whose Annual Statement appears below on this page

PHONES - Office, Cadillac 440. Residence, Market 2587

THE EQUITABLE

LIFE ASSURANCE SOCIETY OF THE U. S.

120 BROADWAY, NEW YORK

The year 1919 was the most productive in tbe Equitable history

NEW INSURANCE issued and paid for in 1919
$454,839,437
An Increase of $181,615,878 over the previous year

During the year the TWO BILLION MARK
in Outstanding Insurance was passed

OUTSTANDING INSURANCE, Dec. 31, 1919

2,270,903,931

An increase of $346,365,353 over the previous year

PAID TO POLICYHOLDERS IN 1919

$73,990,176

97% of the domestic death claims paid in 1919 were
settled within one day after receipt of proofs of death

PAID POLICYHOLDERS Since Organization

ASSETS, December 31, 1919

INSURANCE RESERVE
Other Liabilities

$1,302,291,677

$599,423,919

$493,390,577
17,418,765

510,809,342
SURPLUS RESERVES:
For distribution to policyholders
in 1920
17,191,084
Awaiting apportionment on de-
ferred dividend policies
54,300,085
For Contingencies
17,123,408 88,814,517

$599,423,919

The above figures are from the 601h Annual Statement which will be sent
to any address on request

The Equitable issues all standard forms of life insurance and annuities,
including the following:

A LIFE INCOME POLICY

boulevard and Elizabeth street, De-
troit, and will add 10 stories to the

under which the beneficiary receives a monthly income for life-
the safest and the beet kind of Insurance for family protection

announced, has all been practically
assured, most of it in Detroit.
Note: The property offered in the
Benjamin F. Mortenson Company's
advertisement elsewhere in this issue
is but a short distance from the Hotel
Charlevoix.

by which an employer protects the families of his employes

building. which is now 11 stories
high. The financing, Mr. Jacob has

A GROUP POLICY

A CORPORATE POLICY

to safeguard business interests

A CONVERTIBLE POLICY

which can be modified from time to time to meet changing conditions

AN INCOME BOND

Unsold orders at the close of
business on Saturday
100 Auto Body
10 Bankers Trust
10 D. & C. Navigation
10 Detroit Seamless Tubes
Pfd.
50 Evergreen Cemetery
7 Highland Park State
Bank
10 Michigan Stamping prf.
100 Mich. Smelting & Re-
fin.
10 National Cooperage
(original issue)
100 Northern Sugar Com.
10 Paige-Detroit Pfd.
15 Timken-Detroit Axle

A. W. WALLACE & CO. O'Hara, Ferriss & Co.

Members Detroit Stock Exchange

Penobscot Bldg.
Cherry 2800

legislation against profiteers. I'assed Prohibiting Strikes in Basic
for best speaker on the Industries," and will be participated
debate favored NI r. Rosenthal. A in by Irving Iskowitz and Maurice
splendid addition of the program was Meyers on the affirmative and Leo
Eleven to ten in favor of the newt. a flintily and instructive address by Kaltman and Reuben Levine on the
tiro was the close decision of the Hymen Cohen Broder, a former negative. This program, which will
start promptly at 7:30 p. m., is open
members of the Philoinathic 1)e- as critic of the evening.
to the public.
bating Club after listening to au
In line with the holiday of Purim.
evenly matched debate at last Sunday
t lie program al the next inceing, Feb. PERFECTION LODGE GIVES
evening's meeing on the subject of
2911i, will consist of Jewish topics on
"Resolved That a Commission be
DANCE ON WASHINGTON'S
a variety.of up-to-date subjects. There
Formed to Regulate Good Prices."
BIRTHDAY AT MASONIC HALL
will also be an address by a prolie
The affirmative, upheld by Philip
inert alumnus of the club.
._.
°lender and Jacob Rosenthal dwelt
Over GM people tt
' ck ttefriled tht ihf*
On Sunday evening, ,March 711,, the
xtensively on the need of such a
ven%b
er i
tommission because of the existing Philoinathic Debating Chili instead inal dancing party , iit'r
profiteering and constantly mounting of its regular Meeting, will hold a thin Lodge, No. 484 . Or.1,NL....Mon- ,- '
Hall. The -
ricer. The negative, however, rep - special debate at the Institute Bldg., day night at the ilia.
resented by Joseph NI andel and Reu- 23') thigh St. E., under the auspices dance, which took th form of a
ben Kallman, argued that such a coin- of the Education Director of the Washington Birthday party, was re.
10010n could not achieve the de- United Jewish Charities. The sub - picte with pleasant surrses. Addl.
sired end, and instead advocated di- ject will be "Resolied That a Law be son's orchestra furnished the music.

PHILOMATHIC DEBATING
CLUB.

Members 1 ustrol t Stock Exchange
Second Floor Dime Bank Bldg.
Cherry 829

to provide for the declining years of the purchaser

AN ENDOWMENT ANNUITY POLICY

maturing at age 65, providing thereafter an income for life

AN EDUCATIONAL POLICY

providing a fund for the college training of a son or daughter

A CASH REFUND LIFE ANNUITY

under which the total return may be more, but
can never be less, than the purchase price

The following provisions will be added to the policy when desired:
1.-In case of TOTAL AND PERMANENT DISABILITY

(a) Premiums will cease.
The insured will receive a monthly
income. (c) The beneficiary will receive full face of policy at maturity

2.-DOUBLE the face of the policy will be paid in case of death from
ACCIDENT

A NON-CANCELLABLE Accident and Health policy completes the
circle of Equitable protection

ROBERT M. RYAN, Agency Manager

W. A. SANDERS, General Agent

JOHN T. WINSHIP, Supt. Michigan Agents, Union Trust
-Building, Detroit.
W.'H. KEIDEN, Special Agent.

W. A. DAY

President

A. GLAZER

Special Agent