THE DETROIT JEWISH CHRONICLE
I
IN FINANCIAL DETROIT
DETROITER DIRECTOR
OF NATIONAL CHAMBER
I
WEEKLY MARKET REVIEW
Furnished By Statistical Department
of O'Hara, Ferriss & Co.
.1 , MI \V. Staley, I), troit banker, who
4•14 , cted a direetor of the Chamber
1 Commerce i■ t• the Cubed States at
JEWISH STUDENTS
ATTACKED BY ANTI-
SEMITES IN BUKAWINA
The past week on the local ex-
change has been rather quiet and un-
Ittikaw ina In thi; city
(•ternow
eventful. The announcement of the
a group of 1(nm:titian student , met a
ouention in April,
etas rates fur the Dominion tit
body of Jewish students, all members
will attend the ins—tings 01 the new
.'ainola gave a teniporaly Olivet.; to
board of directors of that organization ion! ot Canada stock, but this se- of the National Jewish fraternity,
in \1'ashington hay 27, 20 told 29. It
curity has sin( e rece4144,1 1, practically Ilehronia, and demanded of the tat- I
the Falle, levels at whieb it field prior
to this news. Interest was for at
white centered around the common
stock at the Packard Motor Car Com.
pony. 'the stocitholders of the com-
pany. The stockholders of the com-
pany held a meeting to authorize the
FIRST MORTGAGE v ; ; ,
B 0 N D 5 it
.ncr4ase of the outstanding capitol and
.0 pass win the distribution id at
Twit dividend. Definite action on this,
aowevcr, Wits pastpOlied. 1100 Viitak•
AQUA REGIA
.
,411t4.1 during the coarse of the week,
out at the present writmg has re-
4.0nett sane or its strebigth. Page.
"royal water" Is so called because it is the only
solvent for gold. It 18 the acid test.
'Hip
John W. Staley.
The test of an investment is safety and yield.
President of lit. Peopl , 's State !lank.
Detroit; Director of the Cramher
of Conlon roe of the Culled
There are natty stocks and Montt today which make
strong appeals to the uninitiated, because of their high
dividend tides, but a study of their financial statements
often discloses that the principals Invested are not strong-
States.
ly ...mired.
is customary to elect two directors of
the Chamber of Commerce of the
United S'intes from among the finan-
ciers, and Mr. Staley is highly honored
in being one of thus' chosen to serve
First. Mortgage Real Estate Bonds ate among the few in-
vestments which are not susceptible to the vagaries of
present inflated credit conditions.
Our First Mortgage Bonds are the leaders In their
field- for each and every bond is secured by Detroit prop-
erty, the most substantial in the country.
coal lion, Detroit Creamery, Edmonds
a• Jones, Federal Truck, Gladys-
1.1neoln Motor, Noble Oil and l'intken
tured goods.
Each bond pays 6 per cent and is fax exempt in Nlichl-
CLASSIFIED
gan.
Remember our (Alive remains open Monday evenings
front 6 to 8 o'clock.
DO YOU WISH to start your
child in music, but dread the long
TROI KORMA,
N
C 0 It P 0 It A IL' I 0
underlying tone of
The Board of 'f rustees of the Irene
Kaufmann Settlement of Pittsburgh,
Iva., has announced that the last week
in May has lien set aside as the
twenty-tifth anniverSary week to com-
fur-,
Main 1823
a gentleman of refinement. See,
Ilenry C. Morse, 36 Broadway.
colors and symbols flout their uni-
forms. Naturally the Jewish students
refused, but since they were fewer
in nuliihers, the anti-Semites beat
then] and forcefully, removed their
organization emblems, \illicit were
burned on the spot.
The local press, including one 12u-
manian newspaper, protested against
this barbarous act.
Bonds
ATTENTION!
O
A. W. Wallace & Co.
B. F. MORTENSEN CO.
1913 Dime Bank Bldg. Cheery 2683
Lack when making loans de-
mands au audit by a Certified
Public Accountant you cannot
afford anything less certain.
The State, for your protec-
tion, has set up rigid qualifica-
tions for those who would be
"Certified Public Accountants."
For your own security have
your accounts :Minted at reg-
ular periods by Certified Pub-
lic .\ccountants.
110031 AND BOARD wanted by Jew.
Ish gentleman In private family. Ad-
dress S. Callen, cm Hughes and
Hatcher, 1Voodward and NIontcalm
street.
4?t , cea:
LARGE, AIRY furnished bedroom to
rent. Modern. SulUhle for one or
two people. Market 3269-W,
Dansard-Hull-Bumpus Co.
Certified Public Accountants
Penobscot Bldg.
Nicely furnished room
for gentleman. With middle-aged
couple. Pleasant surroundings. Ac-
cess to all strert-car lines. Call
Northway 819.J.
FOR SALE—FLATS
Investment Bankers
V1'111
FOR SALE- Buy from owner. Meanie
about $200 p .r month, outside of
owners' Ilv;ng quarters. 3 car gar-
age. Call Glendale 5272-91 for in-
A MICHIGAN SCHOOL
BOND YIELDING 5.20%
ECORSE TOWNSHIP
WAYNE COUNTY
Free From Federal Income 'Fax
1.
1920
Dated
Feb.
Due Feb. 1, 1935
Assessed Valuation, 19194$9,903,000
Net Debt tincluding this
184,500
Issue) ..
Less than 2q Debt
St. Antoine St., Apt. 24.
YOUNG COUPLE have nicely furnish-
ed room for refined young mall. Ref.
(-rent ex required. Chevity, 219 K.
Kirby.
Tax Exempt Investment
JOINT STOCK LAND BANK 5' BONDS
Instrumentalities of the U. S. Government
Detailed Circular on Request.
REO SERVICE
experience. All
work guaranteed. C. West & Co., b36
200 MAJESTIC BLDG.
Cadillac 6010.
Chicago
Grand Rapids
Investment Bankers
New York
Milwaukee
DETROIT
CITIES SERVICE COMPANY
6' CUMULATIVE PREFERRED STOCK
Earning about 5 times dividend requirements.
Price to yield about 9.09', .
C. M. DEAKIN & CO
(Members Detroit Stock Exclivnge)
Main 5480
801 Dime Bank Building
P_
Have You Made Any Money
In Detroit Real Estate?
FOR RENT -Two furnished rocms,
Private family. Refer-
separate.
ences required. Close to two ear-
liness North Woodward section.
('all Melrose 17674.
LARGE, airy, furnished bedroom for
rent. Modern. Suitable for one or
two pervons. Market 3::69.W.
O'Hara, Ferriss & Company
Cherry 829
Foley Farm Subdivision, located on Livernois Avenue, two short
quick profits in Detroit today. Well restricted, every residence lot
35 feet or over, several large apartment corners and a few Livernois
Avenue business frontages. You can handle one of these lots with
$320.00 down and $13.00 per month. Why not call a salesman and
have him show you this high class investment? City improvements
'
furnished
E. Jefferson.
DUE MAY AND NOVEMBER 1ST, 1939
Exempt from all Federal, State, Municipal and Local
Taxation
Excepting Only Inheritance Taxes
PRICE TO YIELD 5.20 PER CENT
The Italian Socialist Organization
has appointed a committee to investi-
gate the anti-Jewish pograma in Po-
land. The members of this commis-
Great indignation proails in jerit• sion are all non-Jews. The Italian
On September 1 Rev. Dr. Adolph)
local mayor, Musa- Government in a public statement
years
,salern
against
the
Guttman, who for thirty-seven
Kiazm-Al-Iinsini, because of his par- declared that it would also send repre•
has been rabbi of the Society of Con- I
sentatives to inquire inio massacres
cord Congregation of Rochester. ticipation in the anti-Zionist demon-
Asam Bros. Company
218 MOFFAT BUILDING
•
_will become Rabbi Emeritus., stration which took place there in
1March.
k due to ill health.
rattemeht
DETROIT
OTIS & CO.
- —
Tly men of years
Prepared and Engraved by United States Treasury Department
ilia
Orders Executed
blocks north of Grand River Avenue, offers the best opportunity for
LARGE NICELY IN' RNISI I ED ROOM '
to rent. Private family. For couple
or two gentlemen. S. Friedman, '120
Stocks
Second Floor, Dime Bank Building.
PRODUCERS
AND
REFINERS
CORPORATION
STOCK
formation.
Chronicle.
(Members Detroit Stock Exchange)
Cherry 2800
STORE FOR SkI.E—Party wishes to
leave city and will sell store to party
for a very• reasonable price.. A fine
establishment for a women. Write
immediately. Box 3141 l't.drolt. Jewish
Stocks
Penobscot Building
=21 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 111.' 4 -
large living room, Vr;nch doors, mod-
ern throughout. Owner leaving city.
$8000 will
sell at sacrifice.
handle. Phone Hemlock 1325.11
Detroit
Main 1041
Woolworth Bldg., New York
Burlingame, beautiful duplex, brick
veneer, one block east of Hamilton:
2-car garage. Sun parlor, 3 bedrooms,
47 Congress St. W.
(Members Detroit Stock Exchange)
S
Aside from the fact that your
SITUATION WANTED: Painter wants '
to contract for work. Reasonable
prices. Can give rt termites. M.
Janower, 267 Brady street.
FOR RENT
Unlisted
Stocks
\\ - e ha ,•• several clients that
have $7.)ma $10,0410 that they would
use as a ti,wit payment on income
property. Prefer stores on or near
Unwood. Consult with Ilettry
Docket. or Mandel Meyers business
property depurlmteit.
W. G. Souders & Co.
Why "Certified"?
way 4914-31.
▪
and
PROPERTY OWNERS
1438 DIME BANK BLDG.
Bonds
Listed
Write. Call or Phone.
LARGE, NICELY furnished room for
1 or 2 relined gentlemen. In pri-
Fr4 , derick. North. :
vale family.
,
■
eolithloilee
COOL. AIRY be lroom to rent.
yotiung marriel couple. Can
Midi dinner in the evening, if del
sired. References exchanged with
Real Estate Exchange Building
Grand Rapids
or tit
Plead
I:rev:1118 :tuning the ranks
investors It being g' acridly believed
that the now known dettre,itig fac-
tors have been more than discounted.
Money is still a factor to be contended
with in the market, but 'here is a gen-
eral reluctance on the part of security
holti-rs to dispose of their holdings at
the current low levels, and In th , ab-
arm e of any further bad news a reac-
tion of fnlr proportion is ttlitieillitted.
memorate the founding of the sctlig-
, mend, which has grown from its small
Will beginnings to one of the largest set-
!II, menu in the l'im•d States.
Third Floor
Detroit
New York
4x to
period of "beginning to play?" My
new method delights both the par
ruts and the pupils with its results.
A child of ordinary ability can play
third-grade music correctly in a short
time. See Miss Cecil Hodges, 79
East \Varren. Sorthway 1122.
lg
A. W. Wallace & Co.
ter that they remove the fraternity
4n the week's trading nave neon Char-
this ye-ir.
It is probable that the directors will
consider the policies to le. adopt• , (1 it,
Bothering of the aim of the 1920 con-
vention. that of increasing national
production of materials and manufac-
1Ve make no loans in excess of fifty per out of a con-
servative estimate of the sound value of the mortgage
property. Certain iimounts of the bonds are retired at reg.
ttla• intervals. thereby increasing the factor of safety Ile.
t %Veen the mortgage and the property value.
'
itetroit has 8hoWn It steady increase
as trading hits progressed, Mille Con-
has been firm.
Among the public utilities D•rolt
I:dison has been wait), :mu An•‘r.can
Light & Traction shown an ad-
tai-'., Michigan, l'olumbia, Holland-
St. Louis !old Minnesota sugars have
all change(' hands within the past few
days, while other stcusities prominent
gt
of.
the. Jew's in
Poland.
Main 92
Main 6460
Garf. 1655
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