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April 30, 1920 - Image 10

Resource type:
Text
Publication:
The Detroit Jewish Chronicle, 1920-04-30

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH CHRONICLE

PAGE TEN

I IN FINANCIAL DETROIT

lon•

oOno=0=01=20=o=soa 0 u

Furnished By Statistical Department
of O'Hara, Ferris' & Co.

Tha crisis which dev ,doped in the
railroad situat:on was the most Im-
portant factor market wise which oc-
curred during the past wrek. That
this situation had at bearing on mar-
ket condllons cannot be denied. Neva
erthitlestt confidence in the ranks of
the investing tallitic did not wane, per ,

0

U O

National bank protection for your

savings; the highest possible type of

service and co-operation on commer.
dal accounts; and, if you desire to

send money or do business overseas,
a world-wide connection that assures

satisfaction; these are just a few of

O

U O

tne advantages you gain by doing

business with this bank.

c
I
c

O

U 0

1

FIRST,OLDDETROIT

0 O

1

1
co
II
0

NATIoNAL BANK

O

MEI DER FEDERAL RESERVE BANK

oe:1/

=01=10=0101 0001:110

Bonds

Bonds

FIRM NAME CHANGED.

WEEKLY MARKET REVIEW

U O

Dalrymple-Nlorley Company is the
newly incorporated name Of time City
Motor Sales authorized Ford dealers
at 1033 to 1167 \lack Ave.
In making this ;minium:einem \Ir.
I/all- simile says: - There are several
other C0110. 1"119 whose firm Millie is
SO Similar to ours that for business
reasons we deemed it wise to change
the name of our Min to the Dalrym-
ple-Morley company. 'fliere will be no
change whatever in our officers or our
management. Our service quarters
will be extended eastward to Vail
Dyke avenue. giving our service de-
partment entrances on Seyburn and
Van Dyke avenues and extending the
whole block. \\'e nave a large and
fully equipped machine shop. \Ye
also charge and re-charge batteries."
Nlax Gottesman, a prominent busi-
ness man in the local community, is
an active stockholder of the :Move
concern.
\Varren A. Morley, secretary and
treasurer, is a member of the Mtn
of 1(.•rley and Coleman, who are
prominent in the local insurance
field.

halts because the memory of the fa:1-
ore of the ste-I strike InclIned people
to the belief that the present misitn•
derstanding the ranks of the
railroad men would meet with the
sang results.
The motley supply has also been
somewhat hampered both because of
the tie-up in transportallon and also
I ecause of th , weakness displayed in
foreign exchange. Price levels on the
Detroit market, however, were reluct.
an', to yield to any att•implcil l•tarish
taids, and it is generally b diesel now .
that the disturbing factors have Peen
discounted. and as soon 11.5 the dIllicul•
lies mentioned are remedied, higher
levels will prevail.
Sugars and public utilities, as well
as motor stocks. have Leten prominent
in the week's trailing. Michigan Sugar
lice shown all advanc,t over current
pries of a week ago, while Columbia
and lloiland-S'. Louis have also been
In demand. Detroit Edison weakened
for a period, but slim regained Its
strength. American Ltght 8 Trac-
tion was another public utility which
bound favor among the Meal investors
during the recent trading. Practically
all of the moor stocks have been the
subjects of transactions on the local
board. TinikemDetroit, which has re•
cently brew listed ou the Detroit Ex-
change, has proven to be a popular Is-

DETROIT TO CLEAN UP
AND PAINT UP, MAY 22

Investment Bankers

47 Congress St. W.

Detroit

Stocks

Stocks

The State of Michigan
Protects the Depositor
in This Bank

Ilecause tile bank is a wor:s-
ingtnati's institution, and is de-
pendent upon his savings for
necessary to its ex-
-
the muds

istence, the state, to protect
such dcpu,iturut, supervises

and controls, through its State

flanking Department. the op-

eration of all

In

protection is—what it means to you.

Cleaning up a city the size of Mich-
igan's metropolis has become slant:-
thing more than a one man task, in
the opinion of the Clean Up and
Paint Up Committee in charge of the
movement to refurnish 1)etroit from
)h a s Dine no through the week begin-
ning May 2 2 .
Just how diversified the task has
become, just how vital in the lives oi
the inhabitants of any community
was made plain by the heads of vari•
ors civic organizations who discussed
the clean-up problem in it general
meeting at the Detroit Board of Com-
merce a few (lays ago. Here are a
few of the phases that were revealed;

The D‘ ■ partnwnt of Public Works is
now engaged in placing new numbers
ta, all dwellings, stores, etc., through•
out,the city. This work is under way
ht hte eastern part of the city, and as
.61:11 as that part of the city is re-
numbered the re•ntonbering crews
will he transferred to the western par,
and it is expected that the entire
v ore will be completed on or before
August 1, 1920,
The Postmaster desires to advise
all householders, business firms. cor-
t orations, etc., in regard to the use
of the new nutnbers as follows:
1. The new numbers must not be
used before Aug. 1. 1920.
2. The old nuntl•trs must not he
used after Aug. 1, 1925.
3. The old numbers should not be
removed from buildings before Decent-

F

"I have not enough men to cover
the c't y thoroughly. as it should be
cosered. Let talc (10'011: myself to
those people not amenable to reason,
editcation or persuasion: . said Dr. V.
C. Vaughan, health commissioner of
Detroit. "It is these people, the for-
eigners, and those in the congested
cities who need the health service The Hand on
most. Their infant mortality rate is
the Throttle
the heaviest; they suffer greatest from .
the misfortunes that befall mankind
'n great cities. Let sour other work
The engineer of the fast lim-
reach the residents of the enlightened
ited keeps an alert hand always
sections. I cannot reach meryone,
on the throttle—a moment of
so I will try 1,1 save the babies."
groping in a crisis might mean
"Alleys are the curse of even' great
a wreck.
city. \\*e are no more concerned
The throttle of any business
about our backyards and alley space
is knowledge of controlling
than we were about shining the heels
facts—if
they are tint always
Of our '1111,4 ill till` days before we
well in hand disaster is
hired others to do the Mb for its. \Ve
courted.
napers user the back fence and a
less' minutes later when the wind has
The regular service of a Cer-
sec
1,10W11 111C111 011 0111. front lawn,
tified Public Accountant will
1...:ndetnn the city executives for not
insure positive control through
'Mending to their duties. Detroit is
detailed knowledge.
nm lily; it is messy. II needs neat
people; it needs In reach the great
aims. of transients who remain her:
I only long enough to make a few dol-
lars
'a clarrai
e -i
of dirt behind them. The it 1 :111
Certified Public Accountants
lesslv drops papers on the street is
boosting his own taxes. Someone
Main 1041
Penobscot Bldg.
must be hired to pick that paper up.
Woolworth Bldg., New York
and that person can only be obtained
by bidding against the high scale of
wages Dahl in factor'es."—lohn At-
kinson, Denartnient of Public Works.
"A man should feel about his city
just like he feels about his wife He
says to himself. 'There is just one
finest woman, and she is mine.' \Ve
Detroit
should believe that there is just one
New York
hest cit y. and that is oars."—Mrs.
Grand Rapid.
Charles Hague Booth, vice-chairman
of the Clean l'p and Paint Commit-
tee.
These were some of the con-
tributions of thought made to the
general subiect when the task was
outlined. The police department has
signified its desire to co-operate; the
fire department has already begun in-
spections to draw out of private
premises the winter accumulation of
rubbish, ashes and other material.
The Red Cross and Salvation Army
arc organized to salvage what they
can; Roy Scouts will serve again and
the women's clubs of the city will
co-operate and direct their energies
toward the work permanent.
The thrive is on to remove the win-
ter smudge, the soft coal stains, the
dirt and grim and to replace it all
with freshly [tainted properties and
cheerful looking ne;ghborhoods.
Everyone is asked to assist. The gen-
eral committee in charge, with Wil-
liam B. Wreford, general secretary,
the Detroit Board of Commerce is
equipped to render every assistance
and to meet any demand that may
be made upon it.

Listed

and

roomy, one o fthe finest in Detroit. 59 Ferry

Avenue, East, corner John R. Can be seen by

appointment only. Call Mr. Mulkey, Cherry

6305. Residence Phone, Main 4985.

Unlisted
Stocks

A. W.Wallace & Co.

The Sanitary Committee of the
Vaad Hair of Jerusalem has urged
the Jewish inhabitants to connect
their houses with the Drainage Sys-
tern that was erected recently.

ti p.

(Members Detrott Stock Exchange)

Penobscot Building

Cherry 2800

IFS

STATE BAN K
rr'
1 to sir

La Ye' e and G riSll Old Sr

BNIPIChel.

Nine (

.B.FEEIR35.10.10101Prof

I am Instructed to Buy for
Cash, Large Apartment Build-
ing for Out-of-Town Investor.
Must be 30 - Apartment or
Over. If Price Is Right Will
Buy from Owner or Agent.

1-,er 1, 1920.
Under the renumbering Ordinance,
persons may install new' numbers of
their own selection at their expense
but such numbers must be placed t o ut
later than August 1. 1920, and the fig-
ures in the new numbers must be at
least throe inches in height, and in
color must contrast with the Inoue-
(Italy background.
AS 50011 as the new numbers ar••
placed. householders. limns, etc.,
should notify the publishers of 'nag-
<aim's. newspapers, etc., deliverable
at their address, and all persons with
whom they correspond, of their new
monitor, and that it should be used.
Ity proper attention to these simple
tostructions. the possibilities of eon-
fusion (lenient to the re-numbering of
Ile city will be largely avoided.

A. W. Wallace & Co.

The above beautiful home, large and

advertisements to follow, wc will show

)tm flow thorough and complete this state

0. M. MACKIE

Bankers' Finance Co.

33

State

Main 3197

Street

0

u4

B E 1 Eet fff 1- 01 f id Fd E 021W12M . 1 •

MEREfire fardEPARIZO

Elder Steel Steamship Company, Inc.

First Mortgage Serial Seven Per Cent Gold Bonds

These bonds are secured by a closed first mortgage upon the oso
steel steamships, Deerfield and West Catanace. appraised at $2.479,5:5
and $1901,925, respectively, an aggregate valuation of 54,381,800, or
more than 200', of this Issue of bonds. It Is et•timated that net earn-
ings for current year will be nearly nine Dines Interest requirement.!.

(416:

FOR SALE

state banks.

DWELLINGS, STORES,
TO BE RENUMBERED
BEFORE AUG. 1, 1920

Mtn

Dansard-Hull-Bumpus Co.

From the President's Desk—Talk No. 4

WE OFFER THE FOLLOWING MATURITIES:
Series "C" due January 1, 1923, to yield 71/2 per cent
Series "I" due January 1, 1923, to yield 8 per cent

— Circular on Application —

M. Deakin & Co.

C.
802 DIME BANK BUILDING
(Members Detroit Stock Exchange)

MAIN 5480

\

e

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 8502



I

20% Investment Block of Stores

Grand River corner, north of boulevard, in a live dis-
trict. Will show net income better than 207c, at present
leases which have short time to run Priced low for quick
sale, $135,000. Small down payment. Consult with
either Henry Decker or Mandel Myers, Business Prop
erty Dept., Benj. F !`dlortenson Co., Real Estate, 1319
Dime Bank Bldg Local and long distance phone,
Cherry ?.683.

If you are a buyer, seller, leasee or lessor of business property of
any description, factory sites. stores or storage space, consult with our
Mr. Henry Decker or Business Property Department. Ycu will be
under no obligation.

Benj. F. Mortenson Co.

13111 Dims Bank Bldg.

Cherry 2583.

d

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