THE MICHIGAN DAILY
AT UNION -MEETING
Head of Bond Department of Detroit
Trust Company Sees Opportunity
MENTIONS LAW AS ASSET
IN SECURITY BUSINESS
"The investment bond business has
a good future" said McPherson Brown-
ing, vice-president and general man-
ager of the bond department of the
Detroit Trust company speaking at
Union Sunday afternoon. "Before the
war. there were about 200,000 bond
buyers. Now there, are between 15,-
000,000 and 20,000,000 buyers of bonds,
including the holders of Liberty bonds.
Before the war the average holding
was $10,000. Now about $3,000 is the
average, which shows the tendency
toward wider sales."
Two Possible Fields
Mr. Browning explained that the
young man entering the bond business
has two possible fields from which to
choose-the buying end and the sell-
ing end. Of the selling end the most
important division in which he can
specialize might be considered as pub-
lic utility bonds, corporation bonds,
railroad bonds and municipal bonds.
Mr. Browning also mentioned the
value of law as an asset in either buy-
ing or'selling of securities. However,
he said, it is hard to tell whether a
man will make a good bond salesman
or not, no matter how great his quali-
fications, until he has been actually
Office Work Necessary
The potential salesman must first
work in the offices for about a year to
learn the business, after which he is
allowed to sell. It is only when the
man actually tries selling that it is
possible to judge his worth as a bond
salesman. Of the assets a man must
have to succeed. Mr. Browning believes
perseverance to be the most import-
ant, as oftentimes the "hard" custom-
er, when once sold, is the most loyal
client of the young salesman.
Roy D. Chapin, president of the Hud-
son Motor Car company willtspeak
at the next Union Sunday afternoon
meeting in January.
'eniors Asked To
Carve Names In
I Taproom Tables
failure to attend to a slightly ab-
mal condition may result in serf-
here is an old and well circulated
ry that the doctor's function is
to prevent sickness rather than sim-
piy to cure it when It appears. Ob-
servation seems to indicate that mod-
this tho r. twhnitapar.Wb RI GLf l
ern education is helping to stimulate
Seniors were reminded yesterday by
the Union management of the custom
of long standing that permits men of
the outgoing classes to carve initials
and names on the tables of the Union
taproom. The custom has become al-
most a tradition at Michigan, especial-
ly since the remodelling of Joe Park-
er's Catalpa Inn has preventedathe
use of its tables for this purpose. Men
of the 1922class cancarve names or
initials at any time and the Union
wishes them to avail themselves of
the privilege, in order to insure the
continuance of the practice at Michi-
LARG0E NUMBER RPORT
INCREASE OF 38 PER CENT IS AT-
TRIBUTED TO LONGER
The time may be approaching when
students will attend the "sessions" of
the University Health service almost
as regularly as they attend classes.
How long will it be before we culti-
vate the habit of letting the doctors
"frisk us over" as regularly as we go
to the barber shop? Many of us have
cultivated the habit of seeing our den-
tist every six months. Is it not likely
that we will soon have the habit of
reporting to our doctor at regular in-
tervals as a precautionary measure?
Reports from the Health service esti-
mate that approximately 38% more
students are being treated this year
than was the case last year. This is
largely attributed to the new eight
hour day at the health service. Stu-
dents now report for many. minor ail-
ments which years ago they would
have subjected to some "home rem-
edy." Through educational propa-
ganda we are being made to realize
that the old adage of the stitch in
time, is vitally true in medicine, and
HOUSANDS of smokers have proved it-and now
give the verdict to you--
Of all the other tobaccos NATURE has produced
-none can approach the finest varieties of pure Turkish
None has the delicious FLAVOR of the finest Turkish-..
None gives the ENJOYMENT of the finest Turkish-
None will SATISFY you as will the finest Turkish-
Attention Food Eaters!
7 More Eating Days Before
You can do a lot of eating during those
Let us fatten you up so your family will
think Michigan a great school.
Come in hungry -- we'll fill you up!
1116 So. University Ave.
but the highest grade and personally selected
tobaccos is used in MURAD.
Shoes in Our
It's your opportunity to get the best shoes on the market, w i t ho u t excep-
tion, at less than pre-war prices. Regardless of cost, everything mus t move in
this tremendous eight-day Christmas Sale.
NOW IN PROGRESS
WEEK END BAGS
SILK AND WOOL
Jacke$th aond 0 ep6
-ermint flavored chew
Will aid Your appetite
and digestion, Polish,
Your teeth and moisten
Your throat. B129
One of the Latest Styles, Best
Qualities and Guaranteed Satis-
is a shoe for College Men.
This is another of the famous
Selz rolled edge styles which has
taken all America by storm this
On Sale at $7.65
_. l . _ yx .A p Hgy
L .. F .I
-SALE PRICE -
This is more than an ordinary re-
duction but everything must move
in this sale.
have a national reputation.
We are ready to stand back of it.
Wadhams & Company
STATE STREET MAIN STREET
712 First Nat'I Bank Bldg
"Take the Elevator"