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December 24, 1920 - Image 9

Resource type:
Text
Publication:
The Detroit Jewish Chronicle, 1920-12-24

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

Americas Prisk parodical Carter

CLIFTON AVINUI - CINCINNATI 30, OHIO

limPuritonjErnsn nox icLE

,
4 41

Income Tax
Booklet

containing a few plain facts on
a technical subject of interest
to badness men.
A booklet is yours for the ask.
lug. Please use your business
i.t whew'

1 .1110a"r

Accountants and Auditors

Main 1041
Penobscot Bldg.
Woolworth Bldg., New York

We Sell

Tailor Shops, Confertionerles, Gro-

series, Hotel, Rooming Houses,

Restaurants, Etc .

WAGSTAFF & CO.

311 Majestic Bldg.

Cherrf 65

it.G.1) Utz

THE Ai MILD

HAVANA CIGAR

We offer for
1 your considera-
tion a complete
selection of
Granite and Mar-
ble Monuments,
Tombstones,
Grave Markers,
and Grave En-
closures of very
high quality. At
the same time
our prices are
low.

9.

GRANITE AND MARBLE

MONUMENTS

Closed Saturday—Open Sunday

Manuel Urbach

200 WINDER

CHERRY 882-W

gsYouCan

ndUpon

f k

Ask Your Grocer

if.

6

sia sla

BUSINESS AND FINANCE

FORETELLS ERA OF
NORMALCY FOR '21

Theatres. Dry Cleaning Plants,

PAGE NINE

1.111 ■ 46,

By NATHAN M. GROSS,
Financial Editor, Detroit Jewish
Chronicle.
-- ---
A tremendous wave of optimism is
slowly but surely overtaking the
minds of most commercial leaders
and bankers in the country. Optim.
Ism for the future an greater bust .
nese In the not distant future. On
till sides of us, in all business organ-
izations and in all business clubs and
liewspapors, one reads and hears of
the favorable changed condition of
the money markets, of the manufac-
turers and of the retailers. The titian-
cial condition is adjusting Itself sub-
stantially and quickly, quickly when
tine considers the gigantic volumes
involved. The factory wheels are be.
ginning to turn and immediately at -
ter January lot, and from then on,
the momentum of the factory will in-
crease rapidly. Retailers In all cities
have had a much larger Christmas
busimwo than they anticipated. This
will have a most important effect on
all industries, as it will mean the un-
hustling of merchandise which has
been bought and kohl at the former
high prices.
Many leaders in business and in-
dustry believe that a substantial
change of present trade conditions
will take place around March 1st.
1921. There is no doubt but what De-
troit industry will earnestly corn.
monce operations about that time as
the history of same in the past has
proven this conclusively.
It is most true, and very happily
so, that commerce today is conducted
on much saner and more substantial
lines than was the case seven or eight
months ago. Business concerns are
not branching so actively and so
blindly as they did then. Of course,
the tremendous change which has
talon place in all branches of com-
merce have forced this condition, and
while it Is a great strain to readjust
one's self and business to meet the
present conditions, still we are com-
ing to a sound and substantial level
which will place us in a healthy, even
condition in the course of a short
time, we hope.
A most interesting talk on the char-
acteristic changes in business con-
cerns was recently given by A. Bur-
ton Hepburn, Chairman of the Advis-
ory Board of the Chase National
Bank, a part of which follows:
"So far the improvement consists
mainly in the psychological change
in the public's attitude toward bust.
nem Six months ago each individual
enterprise seemed bound to make
money, no matter what might hap-
pen to others; they were going ahead
branching out. buying away labor
from other enterprises by offering
higher wages and doing anything
that promised a profit In their own
line of business. Changed conditions
have made them' realize that there Is
a community of interest among bus-
iness men which must be respected
and the prosperity of all safeguarded

Arthur L Holmes

Lumber
Company

la order to Insure the prosperity of The public is on strike against Paling
the high prices asked by retailers of
"Any business man is in a sorry goods—manufacturers,
Wholoaalent
plight unless obligations owed him by and retailers have on hand quantities
other business men are good. Hap- of goods made from raw materials at
penings of tho last few months have high prices which they naturally wish
born+ these. truisms In upon the con to dispose of without loss. There
lidOl1811e8S of the general public and must ho liquidations, but in the pros-
Is ogle realize that the period of in- r at temper of the public It can easily
flation is past and all are striving to be brought about without disaster.
safeguard the down grade—and I Wo have over a hundred million peo-
think for that reason we may expect ple Whose current wants must bo
success.
supplied. Manufacturers should con-
"There is evidence of future easing tinue to make goods from raw materi-
of the money nuirket. It comes from els and reduce pi-Ices-merchants
an undesirable cause curtailment, the should supply themselves with these
liquidation of business; but this must goods in sufficient quantities to sup-
eventually ease the money market. ply public needs. I have confidence

In the good sense and good judgment
of the American public and believe
we will reach a lower and mom stable
level of prices without serious dis-
aster."
Mr. Ilepbuni pointed out that with
living costs b.:outing less, labor can
afford to accept a reduction in wages.

M:101=10=01=101=01===1101301=01:1100

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

CHARLES A. STONEHAM & CO.

Real Estate Exchange Bldg., Detroit

HOMEL'S PLIGHT

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

WARSAW -"I:toyer Warszawski,"
a Polish newspaper published here,
reports that a part of Balachoviteli . .
army entered Home!, pursued by the
Bolcheviki "They threaten to explode
001=01==0=0
the town unless Bolshevik offensive
is stopped immediately.

0=0=10=0=0=0

OWNERS OF

FORD — OVERLAND — DORT

and other popular priced cars equipped with

------

----._

U. S.LIGHT & HEAT CORPORATION

Storage Batteries



WHY EXPERIMENT?

USL six volt batteries for your cars reduced from a list of $42.00 and
$44.00 to an exchange price of

$

2

9

• 7 0 and

dal

875 Gratiot Ave. Mel. 245

VanDyke & D. T. fly.

Warren & P. M. Ry.

(TAX ADDED)

Lin. 236
Wal. 217

gtimommpe

Installed—Service as Heretofore

To my friends

and

acquaintances:

Do not confuse these prices with those of small replacement battery
concerns who usually offer you only rebuilt or undersized batteries.

These prices are for NEW STANDARD USL BATTERIES of the
STUDEBAKER — DODGE — MAXWELL — and owners of all
other makes of popular cars will find just as attractive prices and at-
tentive service at their command.

Our repair work is the best in the city, therefore fully guaranteed.
Above prices effective December 27th, 1920.

I am now located at
520 Penobscot Build-
ing, Telephone Main
1095, where I am in
a position to handle
efficiently the selling
of income property—

specializing in stores. I

will take the same
care and precaution
on all sales entrusted
to me as if they were
my own personal in-
vestment.

Ben Tannenholz

O

"No Promotions"

ATTENTION

,. -_
-_ _-

O

UNITED ELECTRIC SERVICE COMPANY

43 Brady Street and 1581 Woodward Avenue.

Auto Electric & Service Corp.

Taylor's Battery & Tire Service

49 Selden Ave.

556 Michigan Ave.

Glendale 4121

Glendale 1001

McMahon & Ormsby

Otto Lee

2002 Grand River Ave.

55 East Canfield Ave.

Garfield 2831

Glendale 935

Central Battery & Tire Service

Bufert Sales & Service Co.

852 Central Ave.

Dearborn

Cedar 3738-W

Phone 37

Erwin's Service & Supply Co.

Reliable Tire & Battery Service

3298 East Jefferson Ave.

3609 West Jefferson Ave.,

Hickory 2905

River Rouge

.

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