THE DETROIT JEWISH CHRONICLE
PACE EIGHT
sh 4
IN FINANCIAL DETROIT
sh gl
CZECHO-SLOVAKIAN
VANADIUM STEEL
It has recently been announced that
GOVERNMENT WILL
mile railroad from the mines
the
six
ACCOMMODATE
REFUGEES
steam heated
CLASSIFIED.
Bonds
Bonds
Dansard-Hull-Bumpus Co.
Investment Bankers
NEWLY FURNISHED
-
room. l'rivate family. No other
roomers. L. Silverman, 144 Hendrie,
CARLSBAD.—As a result of the
Northway 4704-R.
efforts of Mr. S. Landman, political
secretary of the Zionist Organization,
FURNISHED ROOM to rent for 1 ht. Benesch, the Czeclio-Slovakian
or 2 gentlemen. 976 Brost street. Foreign Minister, has agreed to per-
mit a large number of Jewish refugees
ROOM WANTED by Jewish young from Poland and Eastern Galicia co
man. Near town preferably. ('all remain in the country until they are
Cherry 1498. Ask for Mr. Brunner. aisle to proceed elsewhere, says a dis-
paid] from l'rague. li re Minister has
BEA UTI FULLY FURN1SHE 11 also promised that they will he per-
room for 2 Jewish young men. All mitted to use the government's bar-
conveniences. Steam heat. Forest racks for their temporary accommo-
between Brush and John R. Phone dation. .'t special committee has
been organized to look after their wel-
Glendale 3685-R.
fare while the Joint Distribution Com-
mittee has undertaken to cater to all
LADY WILL SHARE nicely fur- their immediate scanty ,
nished flat, steam heated, with
couple. Mrs. B. Berg, 144 Hendrie, CHESTERTON IS DISTURBED.
Northway 2959-51.
of the VaVnadium Corporation of
America in Peru to Lake Pun Run is
completed and In operation. Construe.
tion Is now under way on a 15-mile
railroad from the latter place to the
Cerro de Paco Railroad, to he com-
pleted early next year, which will fur-
nish direct rail and water communica-
tion from the mines to this country.
pTranspsirtation has been the com-
pany's biggest difficulty during the
past year, due to the Inaccessibility
of the property. In spite of this handi-
cap, the company earned $1,319,513 or
$3.53 a share In the first half of 1920.
It is believed that when Its rail system
Is completed, or by next Spring, output
should be doubled and profits more
than doubled. The company's prop-
erty is estimated to contain 95 per
cent of the world's known deposits of
vanadium, of which the alloy, term-
vanadium, is selling at about $6.25 a
pound, as against the prewar high
price of 15. Vanadium Is an alloy
used extensively in the manufacture
of high grade steel and is essential
where a high tensile strength is re-
quired. It would seem that the stock,
paying 6 per cent and selling around
$70, offers excellent speculative pos.
ETRC)IT
IMAAG3
Dganir
conro ILATION
Statement of Condition at the Close of Business
July 31, 1920
ASSETS
LONDON.—The "Daily Telegraph"
FURNISHED ROOM for 1 or 2 yesterday published an article from
gentleman in private home. Refer- the pen of the brilliant writer G. K.
ences exchanged. Call Market 2313. Chesterton, in which he severely ar-
raigns the British government for its
WILL RENT two or three unions- policy in Palestine. Chesterton de-
ished rooms in my home to refined clared that the Jewish problem in
Jewish couple for light housekeep- Palestine can be solved either by the
ing with gas, light and telephone Zionists alone or by entire and com-
plete British supremacy. The present
included. Call 1035 Beaubien st.
system, he says, is a monstrous mud-
dle in which the two are combined
and must be done away with. Ches•
LONGFELLOW AVENUE.
New 8-room boom, French doors. tenon is a noted anti-Semite.
fireplace, shower bath, four bed-
LIBERTY BONDS
rooms, attic, ivory and mahogany
A high official of the Treasury De-
The Jew in the Drama.
finish all through, ice box, stove,
partment is authority for the follow-
instantaneous heater, steam heat,
(Continued From Page 2.1
ing: "Both Senat'or Harding and Gov-
two-car garage, side drive. Deal
with owner. Bargain; Hemlock fine drama and no historian of the ernor Cox are avoiding the subject of
5457-M,
American stage can afford to confine his Liberty Bonds, especially in regard
characterization of its author to the to forming legislation to bring the
TYPIST WITH INSURANCE EX- usual sterotyped stock of adjectives.
bonds to parity. Refunding would be
1 ' ER I EN:CT wanted. Apply 535
Sydney Rosenfeld is an American Jew- economichily unsound and this Treas-
Dime Bank bldg.
ish dramatist who had first seen the ury Department Is opposed to refund-
world on this side of the ocean. He
Ina. After a careful study, the Treas.
was a prolific writer in his earlier days,
ury Department is now convinced that
but a great deal of his efforts went to
the adaptation of foreign dramas. Some the turning point In the Liberty Bond
10 1701=30001=1 00 012= 01=C 0
6OC1 1
of his better known productions are "The market has been reached and that
Mocking Bird." "The l'olitician," "A the issues will gradually progress to-
Motors, Oils, Mining and Curb Industrials for Cash
House of Cards." Ile has also written ward parity as the result of normal
or on Moderate Margins
a number of operettas -"The Lady or economic forces." We advise the pur-
Tiger," "The Vanderbilt Cup," etc.
chase at present prices.
Louis K. Anspacher belongs to the
O
OTIS & COMPANY,
younger generation (horn in 1878L Ile
1920.
apparently takes his work seriously as September,
MILD
Real Estate Exchange Bldg., Detroit
an art and he seems to meet with un-
TELEPHONE CADILLAC 6150
usual difficulties. lie has to do many APPOINTMENT CAUSES
other things to earn a living besides
CONFLICT IN GERMANY
(Established 1903)
0
writing dramas—lecturing and teaching.
Direct Private Wires
41 Broad Street, New York
Ile is of the reflective turn of mind and
— The government's ap-
BERLIN.
Weekly Market Letter Sent Free
now and then indulges in the poetic pointment of Dr. Lowenstein, as
0
drama — both unpardonable offenses, Chief Inspector of Public Schools has
"No Promotions"
from the point of view of the hox office. resulted in a serious conflict between
oono==toero
0 0000017=1000
His "Tristan and Isolde," which made the various political factions. A
•
its appearance in 1904, is such a piece meeting of teachers in this city which
of work. His "Embarrassment of Dr. Lowenstein was addressing was
Riches" came out two years later. Then broken up by a number of anti-
came "Woman of Impulse" three years Semites who were present and the
later. Since then he has given us a police had to intervene. The con-
play about every two years, among servative and democratic press are
Which may be mentioned "Our Child- bitterly campaigning over the ap-
•
ren," "The Unchastened Woman."
pointment.
Among the very. very youngest is
Elmer E. Rice, whose real name is
Reizenstein. She wrote his first "drama"
When still a studeoLin college. It was
a class composition entitled "On Trial."
Does Your Accounting System
As such it was unique. It got across
the footlights because of a novelty of Meet Your Needs?
setting. However, it is essentially a
In recent years many organize•
melodramatic production and showed
tions have expanded on rapidly
all the earmarks of amateurism, in spite
that they have outgrown their
of the stage contraptions devised to hide
old accounting systems, and un-
it. This was five years ago. last sea-
knowingly are sadly in need of
son his "For the Defense" was another
new methods.
commercial success.
Further enumeration of present day
In few cases it is possible to
Jewish W riters for the American stage
meet the needs of a new stage
would not disclose even one whose
of development by tacking on
work is really on a high plane. Philip
addition to the old accounting
Moeller's "Sophie" and Jules Eckert
systems.
Goodman's "Pieta.," Waal t11 be the
Certified Public Accountants can
limit of their endeavors. Commercial-
truly judge the needs In those
ly, however, there are several very clever
eases.
writers its addition to Elmer Rice. Aaron
Hoffman's "Welcome Stranger" has
eclipsed every record made by any other
comedy during the last season. Rita
Weiman's "Acquittal" came near be-
ing a close second. Samuel Shipman's
Certified Public Accountants
"East is West," Chanting Pollock's
"The Sign on the Door," Montague
Main 1041
cl ass' "Hi s Honor Ahe Potach." and Penobscot Bldg.
47 Congress St. W.
Detroit
Stocks
Stocks
Cs
CHARLES A. STONEHAM & CO.
=
THE A-I
HAVANA CIGAR
"They Don't Answer"
Perhaps you, too, have received a "They Don't
Answer" report from central when you feel
certain that the party you called is at home
and your operator is simply neglecting you.
When you do, consider, for a moment, the
many, many reasons why a subscriber may
not answer—his temporary absence from the
telephone—his inability to answer its call—
the possibility of the telephone bell or other
delicate mechanism being out of order without
the operator's knowledge.
The operator, too, is human and may make
errors—but she is never willfully neglectful
of your service. It is much easier for her to
complete your call than to make a "They
Don't Answer" connection—for such con-
nections involve additional work.
Your kindly consideration will go very far in
assisting her to provide that better type of
telephone service which we are all striving to
give to Michigan.
Zalmon Libin's "The Unknown Woman,"
were among the big money makers of
the past season. Max Marcia and Ab-
raham Schower must also be gives a
place on the list.
This by no means exhausts the num-
ber of Jews writing for the American
stage. But as said before, only a few
can find a place Isere. One more will
be given: Das-id Belasco.
lielasco is a Jew horn in San Fran-
cisco in 1859. lie is an extremely. ver-
satile Mall. being boils one of the fore-
most producers and playrights. He is
clever, wide-awake and knows just how
to touch the heart-strings of an and-
(Continued On Page 11.)
Woolworth Bldg., New York
We Sell
Theatres. Dry ('leaning Plants,
Tailor Shops, ConfertIoneries, Gro-
aeries, Hotel, Rooming Houses,
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Cherrf 65
TELEPHONE CO.
"Our Ambition—Ideal Telephone Service for Michigan"
$7,256,999.02
LIABILITIES
Preferred Stock Authorized $3,500,000.00
$2,885,590.00
('referred Stock Outstanding
463.050.00 $3,348,640.00
Preferred Stock Subscribed, not Issued
Accounts Payable:
77,924.32
For :Mortgages and Land Contracts._
100,000.00
Due Subsidiary Corporationx...
43,701.17
Commissions on Stock Sales and Misr.
221,620.49
325.000.00
Notes Payable
18,401.85
Accrued interest and Expenses
Mortgages Payable on Real Estate covered in Land
1,615,639.53
Contracts Receivable, etc.
1,093,650.00
Niortgage ISCHILIS Sold
Surplus end Deferred Profits:
$561,599.00
Deferred Profit on Land Contracts
72,443.05
Surplus IVA Realized Profits Undist'd
634,042.05
$7,256,999.02
Note: Common Stock Issued 220,054 Shares with no par value.
We hereby certify that the above Balance Sheet is correct and
In our opinion sets forth the true financial position of the Detroit
Mortgage Corporation as at July 31, 1920.
DADSON, FITZGERALD & COMPANY,
(Signed)—by E. E. Dadson, C. P. A.
Third Floor
Real Estate Exchange Building
Main 1823
WEST WARREN FRONTAGE
We Specialize In West Warren Business Property.
and Ironies at moderate prices .
SONNTAG REALTY CO.
1349 WARREN AVE. W.
WALNUT 692
Used
National Cash Registers
We carry a complete
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I
66 Broadway
OTIS & COMPANY
Cadillac 5112
(Members of New York, Detroit, Cleveland, Chicago Stock Exchange,)
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$ 18,637.76
208,849.78
4,403,320.17
1,668,978.00
296.411.83
17,930,00
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11,013.72
541,300.00
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Detroit Used Cash
Register Co.
WAGSTAFF & CO.
311 Majestic Bldg.
Cash on Hand and in Bank
Notes and Accounts Receivable
Land Contracts and Second Mortgages Receivable
First Mortgages and First Mortgage Bonds
Stock Dividends Receivable
Unpaid Balances on :Mortgage Bond Sales
Liberty Bonds and War Savings Stamps
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When you want information concerning the proper
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114 Woodward
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