PAGE FOUR

THE DETROIT JEWISH CHRONICLE

I IN FINANCIAL DETROIT

UNITED STATES STEEL

Earnings for the quarter ended
June 30th were $43,155,705 or $3.96
per share. This Is the best showing
since the third quarter of 1918 when
the company was busy with war work
and net was $43,961,588. Earnings for
six months were at the anneUl rate
of $15.07 per share which compares
with average earnings of $13 per
share since 1901 and a ten year aver-
age. of $16.43. During the five years
ending December 3Ist, 1919, $83 per
share was added to the plant out of
profits and this year to date over $5
per share has been put back Into the
property making a total of $152 per
share since the company was formed
In 1901. Production and profits are
today limited by lack of transporta-
tion. On June 30th unfilled orders
were 10,978,817 tons. Highest amount
of forward business since June 30th,
1917 when unfilled orders stood at 11,-
383,287 tons.

We Own and Offer

$25,000

CITY SERVICE SERIES C

7' Convertible Gold

Debentures

Due 1-1-66

Dated 1- 1 19

-

Normal Federation Income Tax

not exceeding 2`,, Paid.

UNION PACIFIC

Convertible feature is unusual and attractive.

Take this up with us.

Dansard-Hull-Bumpus Co.

47 Congress St. W.

Main 3410

Members Detroit Stock Exchange

D=0

Motors, Oils, Mining and Curb Industrials for Cash
or on Moderate Margins

6 CHARLES A. STONEHAM & CO

o

Real Estate Exchange Bldg., Detroit

11

TELEPHONE CADILLAC 6150
(Established 1903)
41 Broad Street, New York •
Direct Private Wires
Weekly Market Letter Sent Free

0

During the next year Union Pacifis
3vIll receive over $13,000,000 in cash
front maturing securitiea of non;af;
tillated companies held among its
$200,000,000 of Investments.
This
money con be profitably expended for
additional equipment or reinvested a
high interest rate. Income from out-
side resources wan $13,551,000 in 1919,
compared with fixed charges of only
$15,167,949. If the road had operated
for its own account In 1918 'and 1919
earnings available for common divi-
dends would have been $17 and $18
per share each year. Net income for
five months ending May 31st was $12,-
674,650 compared with $11,448,549 for
(orrn spending period a year ago. With
3 24 per cent rate increase earnings
for the common stock after profit shar-
0 ing with the government should be
close to $20 per share. After a divi-
dend reserve equal to 5 per cent of
the property value has beck set up, all
ofthis amount will he available for div;
Intends.

U

"No Promotions"

U 0 0=0=

10=0

0=0=10=0=10=

OTIS. & COMPANY

humanized Figures

(Nlembers of New York, Detroit, Cleveland, Chicago Stock Exchange.)

ORDERS EXECUTED IN MOTOR, RAILROAD AND INDUSTRIAL

STOCK ON ABOVE EXCHANGES

Second Floor Majestic Bldg.

CADILLAC 6602

----- 1 Mrs. Eva Schaefer, 2311 3ledbury.
Northway 2511-j.

CLASSIFIED

FRENCH LESSONS

CONVERSATION.
CHILDREN'S CLASSES.
Mme. E. I. Lichtenstein, La Serbionne,
Paris.
Address: 152 Frederick, Apt. No. 4.

WILL SHARE steam heated fur-
nished fiat; front and rear porch,.
Beautifully located, near Woodward
ave. With couple or middle aged
lady. Northway 880-M or Box 412,
Detroit Jewish Chronicle.

ROOM for two young business ladies.
Telephone Glendale 3085 J.

The audit and report of a certified
' Public Accountant Is more than a
mere collection of figures. It is a
searching analysis of the condition
of your business, uncovering any
unhealthy tendencies and indicat-
ing proper corrections.

You cannot afford to have less
than the security of confidence
that you get by having your audits
made by Certified Public Ac-
countants.

What the Telephone
means to You

Consider, for a moment, your home—or your business—
without the telephone.
Think of the extra steps you would take otherwise in your
daily work to keep in contact with different departments and
people.
The amount of business you can do is definitely dependent
upon this service which maintains your connection with the
business world.
And if your business accomplishments are so affected by your
telephone service, so, too, is your every-day home life.
Throughout the long day, your home and your friends are as
intimately and surely near you as if you were with them
in person.
The theatre—the garage—every comfort and necessity of life
are literally at your elbow—at your beck and call.
And again, when danger threatens—when minutes are vital
—when the doctor must be secured quickly—when fire or
destruction are upon you, the telephone is the first and surest
messenger of relief.
The Michigan State Telephone Company realizes fully the
vital importance of the telephone to the community—the
responsibility that is ours in maintaining this service to the
people of Michigan at its highest efficiency.
It is striving in every possible way to fulfill this trust.
Your friendly and complete co-operation will do much to
assist us in this work.

MICHIGAN STATE TELEPHONE COMPANY

van

\
ROOM for two business
girls. Phone Glendale 3685.J.
DO YOU WISH to start your NICELY furnished. centrally located
child in music, but dread the long
room desired by refined young bus-
period of "beginning to play?" My
iness man. Address Box 800, care
new method delights holh the par -
Jewish Chronicle.
ents 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 Warren. Sorthway 1122.

nEAuTIFFLLY FURNISHED ROOM
for one or two gentlemen, home pri.
'lieges, private family, no other
roomers. 211 Hague, telephone
Northwuy 292051.

Overcrowding in Haifa, due to the
severe housing problem, has resulted
in an outbreak of influenza. Col.
Stanton, military governor has sug-
gested that, to relieve congestion.
sortie of the Jews be sent to various
colonies. ,

Fire Department

Penobscot Bldg.

Main 1041

Woolworth Bldg., New York

1=111111111www.

REMOVAL NOTICE

We wish to announce our removal to our new and beautiful show-room at 975 Woodward Avenue at Warren, formerly
occupied by Reo Detroit Branch. COLEMAN, MEYER & QUINN.

8-11003I SEMI-BUNGALOW, be-
tween Woodw•rd and Hamilton; 2
fireplaces, 2 baths. 4-car garage: 601
foot frontage, side drive: OWNER.
Market 2516.

1'ut-111.11ay boat, Sion,.
Nlartin for semi', \\od =e snlay even-
ing. August 4th Invier please ce.
torn to hla. II Wenulnety.
\Vest Grand bk.', Walnut
R,
and reruinv rew31.1

LOST--On

TO RENT- St,n, anal tl ni nn s ww-
ing part of II , ihi
.ie
....I op
portunit• f-, y
tita n .
Inquire 11, II 111;1-
;. 252 King at e.
North -sac ib-12 NI.

NICELY 1:1
rent to
s• ,
able

\1.•III-i1 1(0031 to
. 1,1,11.111 private
: •,corers. Reason-
•
\t !row 4673-R.

FOR SA I I. 1 •ry
Store: one of
the Ins: nyaL .1n ni dry wants and
gent', inn 1.,..hoig stores on Grand
Riser a, A real money-maker
for an espericnced person. Stock
runs between $ 9 ,000 and $10.004
Ov I y $7111 in fixing,. Expenses
low. Address Box 502, Detroit Jew-
ish Chronicle.

SEVEN-ROOM UPPER FLAT to
rent: two Inedrooms, large sleeping
porch and sun room, French doors,
mahogany and enamel finish
throughout. Garage 423 Coiling-
wood, near Wilson. Vacant August
16th. Call Hemlock 4428.

TO RENT—Furnished room in steam
heated apartment for gentlemen
• only. Small family of three adult..

ANDERSON SIX

A tradition of fine body building—the result of
years of experience in the making of coaches and car-
riages is a real factor in the success of Anderson motor
cars. ANDERSON craftsmen, long trained in this tra-

dition, are peculiarly fitted to make bodies of the most
beautiful coachwork.

GRANT SIX

Built to Stay New

Compare the Grant Six with cars above it in price--not with
those
below. Compare power ratios, examine body constructions, inspect
closely upholstery, top materials, painting—AND THEN DECIDE.
You'll surely pick the Grant Six.

COLEMAN and MEYER, Inc.

Detroit Distributors of the Grant and Anderson

975 WcDdward Ave. at Warren

Open Evenings and Sundays

1