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August 27, 1920 - Image 10

Resource type:
Text
Publication:
The Detroit Jewish Chronicle, 1920-08-27

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

)

THE DETROIT JEWISH CHRONICLE

Nr.F TFN

IN FINANCIAL DETROIT

gil 41

UNUSUAL PROFITS ,,

are being earned by the

UNION PACIFIC

Union Pacific is probably the lost
vidend paying railroad stock In the
t. Paying 6 per cent from Railroad
irnInga and 4 per vent from In-
•stinenta, the total of Li per cent Is
II
all that stockholders are entitled
expect. The fundamental change
I ■ •sulting from the "Transportation
et, 1920" and rate increases will In.
ease this equity in investments. The
eck now' has it book value of $171
share and a potential earning pow.
of well over 20 per cent. The in-
.stments include:
$ 3,594,000 Baltimore & Ohio (mot-
ion.
1,805,000 Baltimore & Ohio pre-
•rred.
10,343,000 Chicago & Alton pref.
1.845,000 Chicago, Milwaukee
Paul preferred.
22,500.00 Illinois SCentral cont.
21,000.000 New York Central cum.
3,486,000 Railroad Securities cont.
1.936,000 Railroad Securities pref.
7,300,900 Baltimore & Ohio bonds.
9,228,000 Chicago 0 Alton bonds.
4,908,000 Chicago & North West.
rn bonds.
4.975,000 Chicago, :Milwaukee &
t. Paul bonds.
Hudson
3,500,000 Delaware &
onds.
11,000,000 New York Central bonds.
10,300,000 Pennsylvania It. R.
'ands.
31.971.000 Southern Pacific bonds.
OTIS & COMPANY.

union
n i on Investment Company .‘
U

1 ,
Organized for the purpose of financing
dealers in motor vehicles, building con-
_ ,
tractors, etc. Incorporated February 6,
,,
1919. Authorized Capital Stock $200,-
000-8 per cent preferred; $200,000
r
common.
11
This is not an ordinary proposition, but an unusual
investment.
An increase in capital stock makes available for a
short time an opportunity to share in the substantial
earnings of a going financial institution.
Practically the entire capital is kept in cash or nego-
tiable paper ,affording unusual security combined with
careful, experienced management and moderate ex-
penses.
The officers and directorate are a guarantee of fair-
ness to both stockholders and clients.

OFFICERS AND DIRECTORS

Abraham Cooper, President.
Leonard E. Brown, V.-Prem.
David Cooper, Seey-Trens.
Claude M. Beers, Director.

Assistant Cashier National
Bank of Commerce.

o
Julius Rubiner, DIrectr.

Assistant Cashier First State
Bank.

Company.

Write or Phone for our Booklet—

ABRAHAM COOPER

TELEPHONE—CADILLAC 7509-7510.

2219 Dime Bank Bldg.

Detroit, Michigan

6

$15,000,000
Morris and Company

One of the Three Largest Packing Companies
in the World

Total Assets over $114,000,000

10-YEAR 7 1/2 Per Cent SINKING FUND

Interest Payable March and September

$1,000, $500 and $100 Denominations

We Offer These Notes at 98 1/4 and Interest to Yield
Investor Over

Henry A

7 3/4 PER CENT

Montgomery

Dansard-Hull-Bumpus Co.

.

Members Detroit Stock Exchange

for

I

0
i

Congress

I

Republican Ticket
THIRTEENTH DISTRICT

0
ll

"No Promotions"
00=0=0=0=0=0= 0=0=101:20

All Wards of
West Detroit

INDORSED BY THE DETROIT
BAR ASSOCIATION FOR THIS OFFICE
AUGUST 20th, 1920

You Can Vote For 5 Candidates. Please GIVE
HILL ONE of Your Five Votes. THANK YOU.

Primaries, August 31, 1920.

Election. November 2. 1920.

Chronicle Advertisers Represent
The Best Merchants in Detroit

MICHIGAN STATE TELEPHONE COMPANY

I will, by the careful selection of
Deputy Sheriffs and the administra.
the approval of the citizens of Wayne
Hon of our office, endeavor to merit
County.

A CIVIL ENGINEER—

Does Your Accounting System
Meet Your Needs?

In recent years many organiza-
tions have expanded so rapidly
that they have outgrown their
old accounting systems. and un-
knowingly are sadly in need of
new methods.

In few eases It is possible to
sleet the needs of a new stage
of development by tacking on
addition to the old accounting
systems.

Certified Public Accountants can
truly judge the needs In those
cases.

Qv&

Certified Public Accountants

Main 1041
Penobscot Bldg.
Woolworth Bldg., New York

Eugene T. Van Antwerp

Republican Candidate for

County Auditor

YOUR CO.OPERATION AND VOTE IS RESPECTFULLY SOLICITED

PRIMARIES. AUGUST 31.

John Faust

Has the Endorsement of

LAWYERS, BUSINESS MEN, SERVICE MEN

for

JUDGE

RECORDER'S COURT

PRIMARIES, AUGUST 31, 1920

For Governor of the
State of Michigan

HILL

of the . Recorders Court

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.

MARTINDALE

CADILLAC 6502

Graduate of University of Michigan. Law
Dept. 1905. Lived In Detroit over 12 years.
Practiced Law In Detroit over 12 years.

What the Telephone
, means to You

If I am elected to the office of
Sheriff I will appoint as Deputy
Sheriffs men N ho served their country
In time of war, as I believe the qualb
fled veteran would be the best man to
protect the people of Wayne County.

I will bear in mind at all times the
careful consideration as to the de.
mantle of public welfare, the best In-
terests of the county and a business-
like handling of the )all and other
property.

Police

Fire Department

FREDERICK C.

STOCK ON ABOVE EXCHANGES

JUDGE

Garage

of the

ORDERS EXECUTED IN MOTOR, RAILROAD AND INDUSTRIAL

Candidate for

MY PLEDGE
TO THE CITIZENS OF
WAYNE COUNTY

JAMES F. WILLIAMS.

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

CLARENCE G.

SHERIFF

Very truly yours,

OTIS & COMPANY

Second Floor Majestic Bldg.

For

I will confer with the people of the
various towns In the appointments of
Deputy Sheriffs to protect their in-
terests.

or on Moderate Margins

0

Republicen Candidete

I will enforce the law that compels
Deputy Sheriffs to file a bond as I be-
lieve they should be men of proven
integrity.

sciol=ionor====o=o1=10===onlos•
1
Motors, Oils, Mining and Curb Industrials for Cash

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

JAMES is

WILLIAMS

I am opposed to the wholesale issu-
ing of Deputy Sheriff badges. as It Is
a menace to the public welfare and
safety.

47 Congress St. W.

;CHARLES A. STONEHAM & CO.
.
Real Estate Exchange Bldg., Detroit

BETHLEHEM STEEL

Bethlehem Steel is understood to be
earning at the annual rate of over $25
per share on the common, no against
919.90 per share in 1019 and $21 In
1018. Chairman Schwab In March
staled "present indications are that
the steel plants will be working to full
capacity during current year. All
shipbuilding plants have booked en-
tire capacity for current year. Untill.
cd orders on January 1st were $251,-
0110,000, as compared with total sales
In 1919 of $281,000,000. Current as.
sets on January let were $144,000,000,
including cash and government secur-
ities of $49,000,000; while current-
abilities were $53,000.000. The com-
mon stock has a book value of $224
per share. Present prices of the '13'
common compare with 102 12 In Jan-
uary.

Residents of Little Rock. Ark:, are
mourning the death of Joe M. Frank,
who was active in financial and civic
circles. He donated $20,000 a few
years ago for the city hospital fund
and a similar fund to the local lodge
of Elks.

GOLD NOTES
Due September 1, 1930
Dated September 1, 1920

Main 3410

An example of dynamic growth and
prosperity Is the enlargening ul basin-
vise quarters by the Detroit Gas Ser-
vice Station now located at 72 Broad-
way. Starling in a small location at
the same address, within a Lew weeks
the service extended by this concern
attracted so many buyers that this
firm has been forced to secure larg-
er quarters and now have three entire
floors at the same address.
The Gus Service Station boasts of
heilIK able to extend three hour ser-
vice In the installation and vale of
gas water heaters, rang-s, etc. The
prices being most moderate, the ser-
vice immediate and the high quality
of the merchandise has attracted large
numbers of buyers. A special sale of
heaters, ranges. etc., Is now on.

into
introduced
Sheep-raising,
Palestine by Jewish agricultural
-olonists, has now become a profit-
Mk industry, large quantities of wool
bring obtainable around Jerusalem,
a ccording to a report on the wool in-
dustry in Palestine, received by the
Zionist Organization of America.
Most of the wool was exported to
the United States and France, before
the war, but efforts are now being
made to hold it in Palestine for mann-
()louring purposes. Our hundred
and fifty weavers are now kept busy
in Jerusalem, where Were are splen-
did opportunities for the development
of a great industry, the report says.
"Machinery and experts arc re-
quired to develop this trade, but it
will justify the money and effort ex-
pended." according to the report.
"Besides the possibilities of develop-
ing the weaving industry, raw mate-
rials would be provided for other in-
dustries which would employ many
thousands of into and women."
The annual wool trade of Aleppo,
1-loms and llama, the center of the
trade, amounted to 5.1)0(1,000 francs
before the war. From the Aleppo
vilayet alone, exports to the United
States totalled $534280 in 1912 and
$272,674 in 1913, according to Ameri-
can Consular reports.

Formerly Executive Secretary
of the National Cash Register

ga sh

GAS SERVICE STATION
SHOWS MARKED GROWTH

keep-Raising is Profitable.

Lent D. Upson, Director.

I

Remember his name—Vote for

GODFREY

FREIWALD

Former Secretary of Stale.
Chairman Board of State Auditors.
Member of State Senate and House
of Representatives.
Now member of Michigan Park Commission.

lie understands thoroughly the problems of public Institutions
and stands pledged to perfect the State Budget System and con-
solidate Boards aLd Commies coo in a way that will Increase
efficiency and reduce operating expenses.
An experienced, active fanner all his life, and a member of
the Michigan Farm Bureau, he advocates certain facilities by the
State for the better handling and :marketing of farm products.
lie also favors-
Lake-to-Ocean route, as advocated by the recent Waterways
Congress;
Extensio of trunk line highways a net construction of adequate
cross roads;
Generous are Intent of ex emice men and their families.
feting one term of tour years
Constitutional amendmen,
for the office of GOVERN()

Investigate hat

..ord, then vote for

MARTINDAL.r.:./ or GOVERNOR

Republican Ticket

Primary August 91st

Republican Candidate for

SENATOR

Vincent M. Brennan

Republican Candidate
for

Congress

West Side of City

Law Degree. Harvard University.
Former Attorney, State Labor Dept.
Assistant Corporation Counsel.
Michigan State Senator .

County Treasurer

Primaries August 31, 1920.

KEMP

Republican Candidate For

STATE REPRESENTATIVE

Primaries August 31

t.

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