ar PAGE SEVEN •-•• THE DETROI1 JEWISH. CHRONICLE MMI ll IN FINANCIAL DETROIT 001:101=10=101=0=100000=000 0 U O National bank protection for your savings; the highest possible type of service and co-operation on commer. dal accounts; and, it you desire to send money or do business overseas, a world-wide connection that assures satisfaction; thee are Just a few of 0 tile advantages you gain by doing business with this bank. U 0 • Pays 10% stock dividend. Martially estimated. 0 fiRSIVOLD DETROIT XSTIOMLBANK MEMBER FEDERAL RESERVE BANK 0=01=10=0=0=0===01:i E Bonds Bonds Dansard-Hull-Bumpus Co. Investment Bankers 47 Congress:St. W. Detroit Stocks Stocks Federal Motor Truck $1,000,00000 1,883,864.00 Outstanding Common Stock Surplus (Jan. 1, 1920) Dividend Rate 3% per month. Since 1913 Federal Motor Truck Company has paid stock dividend totaling 350%. In view of the tact that the Supreme Court has declared that stock dividends are non-taxable, the significance of the above figures is readily manifest. Call our Trading Department for further Information. O'Hara, Ferriss & Co. Members Detroit Shock Exchange Cherry 829 Second Floor, Dime Bank Bldg. Offer MICHIGAN IH O C wn IGAN STATE TELEPHONE COMPAN Y er W First Mortgage 5% Bonds Dated February 1, 1904. Due February 1, 1924 Principal and semi-annual interest payable In New York Authorized, $10,000,000. Outstanding, $9,715,000 These hoods are secured by a first mortgage on the entire property of the Michigan State Telephone Com- pany, representing an Investment of over 140,000,000. This Company serves the City of Detroit and other sub- stantial territory in Michigan and is controlled by the American Telephone & Telegraph Company, whose net earnings for 1919 are reported as approximately 345,000,000. PRICE, 89 and interest, to yield 8.25% Watling, Lerchen & Co. INVESTMENT BANKERS Telephone, Cadillac 2302 Detroit O'Hara, Ferries & Co. BILL CONSTANTINOPLE JEWS FAVOR OCCUPATION New York.-Renewal of the fight OF CITY BY ALLIES on the part of the Jewish constitu- N. Y. JEWS RENEW FIGHT FOR SABBATH ency of the state of New York was begun anew last week, when the as- sembly codes committee held a public hearing on the Sabbath hill No. 310, introduced by Assemblyman Samuel Dickstein at the instance of the Jew- ish Sabbath Alliance of America (Agudas Am Israel and Tonichai Shabos) with national offices at 110 Fifth avenue, New York City. Rev. Dr. Bernard Drachmae, presi- dent of the Jewish Sabbath Alliance of America, explained to the commit- tee that Jewish citizens who are ful- filling all the duties as such should at least be given the same recognition by the state law makers as is accord- ed the Christian citizens of the state. That the state should not force these Sabbath observers to abandon their day of rest and take up another which He is altogether strange to them. also mentioned that the Sabbath Alli- ance received a number of petitions endorsing the Sabbath bill from the Christian clergymen who thought that this would in no way interfere with Sunday, the Christian (lay of rest, and that this bill is meant only for the conscientious seventh day Sabbath observers. The delegation, headed by Dr. Drachmae, consisted of representa- tives of a number of Jewish and non- Jewish organizations. Some of them were: William Rosenberg, secretary of the Jewish Sabbath Alliance; J. H. Luria, Morris Asofsky, loser Roznik. Raphael Savit- zky and Counsellor Shonzeit of the Eldridge Street Merchants Associa- tion; Rabbis M. S. Margolis, Siegel and Rosenberg of the Union of Or- thodox Rabbis; Counsellor Harry Fremberg represented the Union of Orthodox Jewish Congregations of America; Miss Bendel' of the Coun- cil of Jewish Women, and Rev. Dr. !detained of the Union of Synagogues. Dr. Victor A. Nelson, a Christian minister of Beacon, N. Y., represented the non-Jews of the state, and put before the committee the attitude his co-religionists take to this measure. After telling the committee of his twelve years' experience wills the Sabbath question, he told them that this bill is not only meant for the Jewish Sabbath observers, but also for the great amount of Christians who observe the seventh day as their day of rest. An assemblyman in a splendid ad- dress showed that the Jewish people of New York have been very patriotic and that they have shed their blood oil the battlefields of France and therefore they should be granted this request of religious liberty in recog- nition of their devotion to the U. S. A. The passage of this Dickstein Sab- bath bill is expected at this session. reconstruction plans advanced by Isaac Herbst, consulting engineer of Chicago and member of the execu- tive board of the Zionist Society of Engineers and Agriculturists, with headquarters 55 Fifth avenue, New, York city. In a report to the Engineering So- ciety, whose personnel is working out gigantic projects for the restoration of the Holy Land, Mr. Herbst de- clares that concrete will be the chief building material in Palestine for many years, particularly in all hy- draulic works contemplated, in agri- cultural buildings and in houses. "Palestine has plenty of the ma- OPTOMETRIST CONTINUES and ingredients necessary for WORK WITH LOCAL FIRM terials the production of cement, lime and • gypsum," tie said. "As soon as con- ditions permit, a modern cement plant will remain for another as Who manager of Friedberg's optical year de- with lime kilns combined, must be erected with a minimum annual ca- partment. having served in that ca- of and 200,000 barrels of not cement." pacity with Ilcyn's Bazaar and the pacity Cement concrete are only Garlick Jewelry Co, Dr. Koplowitz most suitable in Palestine's building enterprises, but they are most eco- nomical. according to Mr. Herbst. who pointed out that acqueducts, res- ervoirs, dams, sewers, fence posts, cisterns, farm outbuildings and dwell- ing houses could easily be constructed with available materials in Palestine. The brick industry can also be easily established in the holy Land, Mr. Herbst declared, but he empha- sized that where the proper clay is available, the houses will be of con- crete blocks and stucco. The initial stages in the recon- struction plans of the Zionist engi- neers will be put into operation through the $10,000,000 Palestine Res- toration Fund, which is being raised this year by a non-sectarian campaign throughout the United States. One of the chief phases of this program is the afforestation of Palestine. Un- til a sufficient lumber supply is se- cured, Mr. Herbst plans to meet the shortage by the utilization of cement and concrete. DR. LEON H. KOPLOWITZ. is a graduate of the Southwestern Optical College and has been in active practice for the past 11 years. He is a member of the Detroit and Michi- gan State Society of Optometrists. The New Era in Business Thin 1. a period in buainees ille- tory when the fundamental. and Verities are the thine. sonata after. Itualneen men Sr. !Dinkins In Matter terms. seeing things In is truer peroper live. The Inteneive enirit of 4iost-war coniMerce gore beyond surface tuanifeetatIon• to thu very bottom of things. In the forefront of those tisa- nes which are althea In this big- ger way of doing buttlnee• are the Certified Public Areolinl•nta. tea. Certified Public Accountants Cherry 271. Penobscot Bldg. Woolworth Bldg., New York GOLDMAN & ULLIAN CIVIL ENGINEERS SURVEYS-Land Subdivisions, Muni. died !Ayouts. STRUCTURAL DESIGNS-flans, Es- timates, Reports, Supervision. Tel. Main 2043 225 Farwell Bldg. Surveying within 24 hours. A. W. Wallace & Co. Detroit New York Grand Rapids Listed and Unlisted Stocks • 3. "The The new Italian cabinet contains among its members two Jews, name- ly, Luigi Luzzatti, who has been Pre- mier, receives the portfolio of Secre- tary' of the Treasury for the sixth time; the other is Ludovico Mortara, Minister of the Department of Jus- tice. Mr. Mortara is the son of the late Rabbi of Mantua, and before his call to the cabinet was Chief Justice of the Supreme Court of Italy. GLADYS BELLE OIL COMMON M. DEAKIN & CO. Grand Rapids Furnished by Statistical Department of Local market condit'sms have un- doubtedly changed for the better. The present strength of the securities listed on the Detroit Stock Exchange reflect the improved condition of se- curities in general. Since the 15th of March, when tax payments were due, the strain on the money supply has been lessened, and the monetary sit- on has been easier. Another con- structive factor of recent slate was the recommendation of Secretary Houston for a revision of income and excess profits taxes. The local motor stocks have been in strong demand during the past Principal among these have Week. been Continental, Packard, Reo, l'aige, Ford of Canada, and Federal Motors. The last mentioned secur- ity has shown marked strength re- cently, enjoying a substantial advance over its price level of last week. Pub- lic Utilities are also stronger, Amer can Light & Traction and Edison PA RIS.-The perspective occupa- both advancing (luring the s tourse of tion of Constantinople by the allied the week. Among the oils Gladys troops may save the lives of fifty Belle continues to lead, while other thousand Jewish refugees from south- industrials which figured in the week's ern Russia who have recently arrived transactions were Parke Davis, Mich- in Constantinople. The Constanti- igan Sugar, Western Knitting, Char- nople Jewish community is too poor coal Iron, Detroit & Cleveland and to care for these refugees and if not Hayes Manufacturing. for the help extended to them by the Red Cross, by the Joint Distribution Committee and by English Philan- JEWISH CHATAUQUA TO thropic Agencies, their fate would tie MEET IN CLEVELAND a terrible one. Many of these refu- gees are anxious to settle in Pales- tine, while others contemplate return- Philadelphia-At a meeting of the ing to Russia as soon as conditions board of directors of the Jewish Chau- will permit. For the time being how- tauqua Society, held in Philadelphia, ever. they can do neither, because the an invitation extended by the Rabbis gates of Palestine are not as yet open of Cleveland, Ohio, to hold the twen- for the Jews and the return to Russia ty-ninth annual assembly of the so- is out of the question. In Constan- ciety in that city was accepted. The tinople they can not do anything to assembly will be held December 26 to make a living and are thus dependent 30, 1920. A meeting of the program upon charity. It is reported that committee will be held in order to many of these unfortunate refugees outline and prepare an elaborate pro- belong to the best Jewish families in gram for this assembly. Southern Russia. The Turks do not The outline for the lectureships in display too much benevolence to these the summer schools of the universities starved and pauperized Jews and for the session of 1920 was presented they are often molested and attacked and lecturers will be sent to twenty by the Turkish 'nob and allied mili- universities. tary occupation of Constantinople A winter course of lectures was in- may not bring about an economic situ- augurated at the University of Vir- ation in the life of these refugees, but ginia. An enthusiastic report of the will certainly give them protection course given by Rabbi Abram Simon and safety. Those who can do useful was received: "Some Curiosities of work will certainly be employed by Jewish History." the army of occupation. Altogether 1. "The Quest for the Lost Ten an allied army in Constantinople will Tribes." be of many advantages to these refu- 2. "Where Was Christopher Co- gees and will probably be instrument- lumbus Born?" al in making the allied governments Sevennteeth Century Mes- take an interest in these fifty thous- siah." and starving Jews from southern Rus- 4, "Was There Ever a Jewish sia. King in Poland?" The lectures were attended by over 500 students, professors and people PALESTINE A LAND OF from the local community. Upon re- CONCRETE AND CEMENT quest Dr. Simon addressed two class- IS AIM OF ENGINEERS es at the university: "Short Stories of the Bible" and "The Ethical Phil- osophy of the Hebrew Prophets." New York-Palestine, because of its shortage of lumber, will be a land of cement and concrete, according to ar- Information regarding recent interesting developments will be furnished on request. Ground Floor, Peoples State Bank Bldg., 56 Congress Street West WEEKLY MARKET REVIEW. STOCK LISTINGS. Furnished by Statistical Department of Otis & Company. brokers, 200 Majestic Budding, Detroit. Surplus l'er No. of Share Surplus Div. Shank l'ar Natne 943.27 910.576,261 244.362 1110 •111% American ht. & Traction .51 61,713 101,740 10 .... Auto Dotty 635 350,472 60.11(10 10 Varies Bowen Itoller DearingS 1.16 0696.6113 253,935 10 .... Charcoal Iron CO. 1.42 545,535 31111.0011 10 12`,:t, (Zolumbia Sugar 1.57 58,655 50,000 12% 10 llumniett, Motor Truck 4.56 3.827,695 772,737 5 0 ,5 10 ntittental Mol ore 2.110 1,566,970 56,550 705 Detroit & Cleveland Navigation 55 111.33 2.665,755 257.390 DM 41% Detroit Edison 14.00 258.505 13,104 100 6% Detrot Naive & b Minas 15.83 1.883,564 100.0081 0 36°,• Federal 'I ruck 75.25 5,274061 70,000 35% 150 Ford of Canada .66 4,374,860 6.600,000 12% Gladys Belle 1 2.33 355,0110 1511,000 10 Varies Hayes 5Ifg. Co. 1.55 200,000 365.595 12% 10 lloiland & St, Louis Sugar 4.22 548,776 Di% 130,500 10 91ichigan Slimming 3.90 2,578.006 747,110 tl% 10 Michigan Sugar 14.35 16,992,250 1,184,103 111% 10 Packard 27.70 4,154.445 150,000 10 96% feign-Uri full 14.20 6,720.832 473.554 25 16% Parke, Davis 5.60 6,355,334 693,725 10 Ill% Reok 1-Ts171 C. Members Detroit Stock Exchange Telephone Main 5480 801.2 Dime Bank Bldg. A. W. Wallace & Co. (Members Detroit Stock Exchange) Penobscot Building Cherry 2800 11 Religion- Education- Thrift- are the three essentials to real success. Are you satisfied with the story your bank book tells? Save Something Regularly IRS "E F ATE BAN K OF DETROIT Established 1853 Lafayette and Griswold 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 Second Floor Majestic Bldg. CADILLAC 6502 TAXI Broadway Taxicab and Messenger 301 CADILLAC 302 303 ABE HERTZBERG, Mgr.