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Detroit Free Press from Detroit, Michigan • 29

Location:
Detroit, Michigan
Issue Date:
Page:
29
Extracted Article Text (OCR)

APRIL 1921 METALS AND OILS The Variations in Prices beslnns Is alsa beta iiiliiijhiftfi tokM IV 6 WOT CALL ttoatv in HIGH HOW on am tna fUSM Ori RAM5 5 6 IS L'tlACS 31 too 64 64 64 68 300 74 14 tM TMt new reeMenee 3 Windmill Pointe 300 7 3M MS 4 00 c4 Subdivision that Can SS(ever Be duplicated 70 5 7 600 21 25 25 12 7W 51' i 61 69 400 6 400 1900 400 IM I Griswold at State Sts extended Stormfeltz Loveley Co 200 35 40 Largest Subdivision Dealers' 60 IflU Syndicate Telephone Main 3570 Griswold at State ins ss NEW ISSUE Wright Parker Co 2 29 Writ for 29 Gold Chain Stores 12 10 (Detroit Michigan) $100000 Commoir Stock 47 It is the intention to make application for the listing of this stock on the Detroit Stock Exchange 80 CAPITALIZATION Range of Detroit Stocks HISTORY AND BUSINESS Co tel SALESMEN Commodity Note DIVIDEND RECORD Tighe Co 1246 prNOBSCOT BLDG OICE SPACE MAIL COUPON Telephone or Write for Reervation Telephones: Main 8290 8291 HOMER WARREN CO Street Address Detroit Savings Bank Bldg Main 6406 JO City awMiiimiiiiw iimmiwummamnum liirjiiiiniiiiiii immiimmimmimmmmnmi 52 4 14 114 42 14 10 900 Utch Stuth Ur ChmbTi Olhtr tanrtil Atrnw aha HU 61 30 1171H 31 IdUJA tUKT puauc 141 MH CH 6H 83 7 31 5M 1000 38 130 8 73 16 14 40 IM 13 72 26 17 65 18 84 17 80 49 88 88 10 87 41 18H IM7 84 74 70 40 1H 17 15 49 43 79 85 95CvCS UOWBt MA0CAKS 24 26 161 161 IM 15 138 111 66 36 929 107 824 81 no to 43 JOO 10 78 0 I 2 3 73 18 14 14 113 407 154 10 14A 31 51 139 44 108 11 fQ 141 43 MH Week 1933 Dlr Book a a on Ilian a 14 43 18 73 7 $5 AAKS 68 84 56 25 Hail iwo wocn I 6oot 400 18 30 54 87 SO iNOas TftlAL SNCMS Mi 77 81 a 45 71 10 47 19 19 Range of New York Stocks V'l 464 32 71 167 60 91 8 68 35 38 88 65 14 63 5 4 3 72 15 14 16 MH 14 20 83 14 18 105 800 800 800 oo 890 300 100 87 8 8 M14 800 900 15 38 7 28 t2 709 800 6 to 91 Common Stock 8 Cumulative Pfd Stock 100 7 00 100 400 55 81 30 27 81 24 81 71 17112 9 68 3 2 Week Ending Close April Week Div Book High Low Clone Ago High Low Rate Vai 11 62 11 Authorized $500000 250000 PART ONE ns 21 70 131 64 140 45 6 89 13 19 68 32 IO RW rooct 1 75 28 47 800 X06 STEEL RAISE STIMULATES BUSINESS THE DETROIT REE PRESS 40 55 I 76 801 125 66 86 10 8 41 34 12 127 0 23 38 50 5 40 15 62 54 112 742 13 50 15 74 70 98H 47 14 88 19 36 300 88 68 65 45 2 4 U0 MH mm 38H no 5 6 io Issued $379500 77500 an 31 30 24 Bales for Week 626 Charcoal Iron com 2 2160 Do preferred 3 162 3 8 11 19W 14 7 2H 94 26 61 7 10 98 27414 53 21 60 10 40 105 1 08u 300 800 800 300 100 1300 31 New York April The wage advance announced by the United States Steel corporation although it does not go into effect until next week has already had a far reach ing effect on business and Industry This effect was heightened today by overnight announcement that some 200000 packing house employes 141 Bf 126 419 38 260 16 36 as 37 8 34 14 47 17 61 21 67 99 JOI 220 22 40 129 32 109 104 123 117 76 70 44 33 ID 341 IS 67U 58 20 16 115 IM 10 8 60 566 8 8 69 42 42a 34 Tha 11 ns la ell known and ana UH 11 J9 17 98 18 143 263 109 1300 Natlona1 Iad 1 9100 Nevada Cons Cop 16 6200 New OH 96 3M9 Air Brake 89 51 20 25 66 83 11 200 820 16 41 iiJi 14 68 kl 11 131 ns 127 114 229 70 167 120 6 18 37 iy shew How long thte attuallon will last no ena can tall hut It ie helping hare In the Vetted Stale 50 58 27 24 11 Beth Steel claw 68 IM 3 75 87H 21 81114 43124118 73 13 19 14 11 91 715 90 39 31 40 27 nuAU Statistic and UUmiU risen abova vMla not tuar antaod art bellvsd by us to bo robable 000 Western Pacific 300 Western Union 8300 Wheeling 7300 White Motor 1 1240 White OU 1400 Willys Overland J1900 Do preferred 000 Wilson El Co 1400 Wisconsin Central 82 UOCLWorthlngWn Pump 38 99 71 36 35 15 80 13 16 42 7 39 118 71 41 14 5H 12 17 111 112 112 8 98 shares eaeh Preferred and Com Am interred and would like to have 38 43a WJ 10 40 14 53 18 nu tiu 109 109 Hl 117 81 29 3 14 52 HH 48 93 98 47 188 83 43 170 114 125 227 140 123 444 Ml 92 25 29 'A 22U 113 113 1U 113 117 110 8 87 14 BETTER HUSTLE II 11178 UV22 1ft 162 119 600 195 146 9 We have several large properties now on the market' Others will soon be advertised Connect up at once and reap the benefits Sales for Week 141 Do preferred Paige Det com 463 Parxe Davls 7041 Reo Motor Co i 1285 Scotten Dillon 18499 Timken Axle com 115 Do preferred 1C70 Union Mtsa nYd 2957 Wolverine Cement 6 I II I I 100 300 600 IM 100 LAND CONTRACTS Did you ever purchase a land con tract 7 Let us Interest you In purchas ing soma of our high grade con tracts A wonderful and safe Invest ment with a large discount Twelve Years without a loss American Land Contract Bond Co Cadillac 7013 423 ord Building 41 11 27 4 93 dsty 'a I am verr hopeful for Immedi ate business cosctsded Babss the robins com bark and tMreea leaf buatneta will ba gMd and all of vs prooperaue I eaty add let ba aura not to atonsa thia prosperity or th Baboon chart which bow ata ads at 4 per cent a bore normal win auleklr IM 120 31 220 43 97 129 324 36 7 138 13 10 93 132 190 79 79 32 ID 188 MORTON CRESSET MORTON COMPANY 54U 22 24 68 62 10V 11U 40 45 36 106 117 101 247 177 69 39 14K 9 80 0 68 69 16 16 113 900 1200 700 2M 15 100 700 12 M1H 82U 92 9 104 9 10 12 uni ma: 27 M'S 49 70 70 6 81 33 33 BU 3 27 76 500 700 400 Windmill Pointe offer? home siUs at prewar prices Sub stantial financial aid in the building of new homes NOTES BUSINESS WORLD 38do Ray Cons Cop 430 Reading Co 4000 Replogle Sts! 437u0 Republic Iron 26600 Reynolds spring6500 Royal Dutch 6 IDO Motor Wheel com 12 9758 Murray Mfg 23 40 Nail Grocer com 6 3000 Noble Oil pfdx 68 3250 Packard Mot corn 15 14 10 439 23 13 42 1 Jh 26 44 474 178 12 Week Ending Close Week Div Book High Low Close Age High Low Rate Vai to afford to Indulge faetlenal legislation and political log roUtM a a pastime Hance when cease thle Mlftah game for ntoo month boalneae altaoet alwaye piles Cvfininly thia is oae ot the chief caueea for optimism 39 34 29 65 59 903H 35 121 32 ffiU 84 87'1 124 121 123 123 1171 1 HS 19 24 58 83 11 42! i Two to complete sales force out of town local deal plen ty co operation Small stock issue Apply i diately 1254 Penobscot Bldg US 49 IP Mil MU IM 180 189 178 IH Men who succeed are wanted right now by the largest Detroit real estate organization in the subdivision field We have genuine open ings for men who can sell The rewards are large Iw toooo 700 000 s'oi would atart drawing additional pay beginning Monday The announce ment was not unexpected this column frequently pointed out that the growing competition among employers tu return the workers they have and to obtain additional labor pointed to higher wages in many lines of industry Merchants have already begun to count and spend' the additional sums expected from consumers through the increased buying power of workers Employes have begun to spend the wage Increase in advance and workers in other lines of indus are preparing to make requests for increases The wage committee of tho Amalgamated Association of Iron Steel and Tin Workers has al ready voted to ask for an increase from 10 to 20 per cent for ail tin and steel workers 26 11 27 13 15 41 66 11 3M0O S3 490 8M 3M 640 100 600 700 63H3 26 17 690t 116 16 ie tt 46 89 62 114 134 1U 8 8 8 8 8141 141 14S 141 156 130 71 Windmill Pointe rcaly for you There are 32 houses now com pleted and many score more will be erected this year More than 51500000 has been spent in providing city sewers and water permanent paving sidewalks shade trees a sea wall along the watcir front and all other necessities including gas' There are tele phones and electric lights fire and police city street car and motor bus service Windmill Pointe a subdivision that can never be duplicated around Detroit Predictions as to the ultimate value of the nrnnertv are nracticnllv imoossible as sections within the city limits with but few of the many advantages of Windmill Pointe on the lake arc selling today at from $300 to 5500 per foot Yet Windmill Pointe lots run from only 580 to 5110 per foot 34 Windmill Pointe sx from the heart of the city and yet it has all the advantages of country living as well as city improvements Carib Il4 869 40 ITU 17a 29 7V 6H IMU 140U 40 32 48 42 70 7 70 74 9 23 39 11 31 4a 14 15 43 6400 MonUomery Word 14 zio'jier xxu0 9700 National BlacuH 1400 National Anna 6600 Nat Enam Stn 70 1300 National Lead 131 127 128 131 136 124 106 8914 4ft 14100 Central 93H 94 88 110 7300 Hart 19 18 19 22 100 101 IMH 27 29 34 IB 1U 48 I IX Wl 102 106 100 116 127 HOU 27 84 11 25 31 36 23 139 135 144 129 nut tn mi 4M 142 3M 10400 77 133 700 143 110 400 4 43 a 120 126 111 112 1200 Do preferred 74800 8 Steeli 24W Do preferred 5300 Utah Copper 7200 Vanadium Strol 9200 Va Car Chemical 1400 Wabash 6000 Dn A Preferred 2200 Western Maryland 12 11900 Westinfhouee Elec 69 BABSON HEARS BUSINESSHUM PURPOSE ISSUE to supply the demands already existing for The purpose of this issue is to open up forty more stores at orc GOLD CHAIN STORES in Detroit 700 Ont a Wel 18 1200 Norfolk West 110 86200 North Amer new 34 6400 Northern Pacific 76 200 Nova geotla Steel 25 7MQ Oklahoma 2 8000 Otis Steel 18 8200 Owens liottlo Meh 50 1900 Packard 1 66700 Pacific Oil 66900 Pan Am Pet 4 Tr 74 79300 Do Class 70 4M0 Penmyhanla 45 89900 Penn Heabd Steel 6 400 Peoples Gai 90 16w0 Pera Marquette 40 8100 Philadelphia Co 46 3400 Pierce Arrow 19 3400 Do preferred jwu fierce ini 1MM Plttabursh CnaT 89100 Plttsbgh A Va 40 86 rrverai var 9040Q Producers db Ref 56 6100 Pullman Co 129 36600 Punta Alegre Bug 67 21700 Pure fHl 300 Ry Steel Spring 116 116 75 26 61 22 60 Sales for Week 300 Adams Express 600 Advance Homely 10M Ajax Rubber 1300 Alaska Gold 4404 Alaska Juneau 8000 Allied Cbem Dye 78 TOO AiUa Chaimere 49 5700 Am Agri Cbemicab 28 1300 Am Beet Sugar 45 10700 Am Botch Magneto 60 65000 Am Can 300 Am Car A dryl80 7600 Am Cotton Oil 14 1404 Am Drug Bynd 1 6 1400 Am Hide Leath 11 1700 Do preferred 46 11808 Am Inter Cora 8214 8900 Am Linseed ituu Am noeomotiYe 150Q Am Radiator 84 53 53td Am Safely Bator 8 ezw Am rnip tom lOOOft Ammelt a Ref 17200 Am RteOl ounds 40 2400 Am Sugar Refining 78 800 Am Sumatra Tob 30 29 xtwAmiei aei 8604 Am Tobacco i 64300 Am Woolen 900 Am Writ Paper pt 29 19 76 Id 123 1Z2 122 982 125 121 454 1M 154 164 161 160 I'M I 600 Am Zine 15 27900 Anaconda 60 1300 Amo Drv Goode 84 2300 Associated Oil 116 111 3600 Atchison 102 101 700 Atl Coast Line117 116 4000 Atl Gulf A I 29 4400 Austin Nichols 30 28 6BOO Baldwin Loco 140 187 HIM Hhln Mt MU iv) do preferred I 10400 Barnsdall A 1 ZhW il too 36900 Brooklyn Rnp Tran 8 1600 Rutte Superior 83 jiw 42900 1TO Callahan pm vanaaian reel uM Central Letni 17900 Crro De Pas Cop 42 8800 Chandler Motor 71 1704 Chesapeake 4 Ohio 71 1400 Chi Great Western 6 6000 Cht Mil A St 33 6400 Dp preferred 49 2400 Chi A North West 114k 6400 Cht I Pacific 83 33 90 27T 74U 107 109 2 2 $100000 Cumulative 8 Pfd (PAR $10) 4000 to 32000 sq ft in this modem fireproof building excellent light central location $100 to $150 per sq ft Anuric Tor th ant lira la kU cxept duriac tha greet er ar thlppiag cok to rance and Germany Japan which had ordered rreat amounte ot tw from Ruhr tnllla fa now turning to the United States Ku rope which fast year had turned stain to production is now busy playtnr polities end watchla thexhiteitlon of a war peasant staved la th Ruhr yalley While Europe ie iadultlnr in thia luxury she must eat and lira Hence rance and Germany are again buying goods tn America as the export figures to isrued shortly by the department ot eommerea will clear Wanted Selling Agent or Sales Organization Ta represent a first dess line of steel equipment in this territory This Is bis opportunity for the right party to estaoileh a money making con nection for bhnself The Uns is a rA(iv seller is notls Mnenlellv tn fnntnrlM schools Tell ail about yourself Ad dress Dux 882 Aurora Ill Week Ending Close Apnt High TWw Close 23 '17 32 13 94 6 2 13 48 J5 394 70 1H 65 25 62 2500 Seaboard Air Lina 7 1400 Sears Roebuck 88 1000 Seneca Copper 10 600 Shattuck A Arif 9 700 Shells Transport 89 205100 Sinclair Cons 38 43900 Skelly 14 4300 Sloes 8hef Steel 56 UM So Porto Rico Bug 61 2400 Southern Psclfiq 9t 34200 Southern Ry 33 6000 Spicer Mfg 23 2M0 Stand Oil 40 14100 Stewart Warner 121' 8M 8t Southwest 83 33 420 Stromberg Carb 96700 Studebaker 8900 Tenn Cop A Cl) Texas Cn 8M0 A Coal A Oil 20 3200 Tex A Pac 25 86300 Tobacco Prod 69 116M Do A 84 2170d Transronti OU 20300 Timken 43 1500 Union Rag A Pap 75 ww union i acme wu unuea 1500 United 2100 United 9600 United 2100 United 400 Do preferred 44 12500 Ind Alcohol 69 800 ood Trod 5 33M Realty Imp 99 17100 Rubber 62 104 1 107 105 106 HW 41 Do nrfcfarrad 4 Cities Serv com 925 Columbia Motors 105 Columbia Sugar 16220 Mot com 85 Det Creamery 152 Det Edison Co 275 Edmunds com 28 65 Do preferred 45 ederal Truck 40 ord ot Canada IMS Gladys Bell OIL Do preferred liO Hall Lamp Co 680 Hayes Mfg com 1640 Mich Sugar com 15 Motor Products era rruT cuamaP pdom i act rrv STURMS UY UXOUPS Tighe O'Donnell Co 1246 Penobscpt Bld Reserve for me iuuii Jivi A bb iigiii ui Aiinvi nm 7 7 further information on Wright Parker Co preferred and Common OlOCK Name 16 29 12 Oil kiTl" MU 29 124 1U3 44 39 1M 115 85 94 71 10 17 20 18 88 93 83 99 101 14 16 13 New York April wtaknass In aottoa and lard had a very depresstag on cettoMwd bia mornlar and Itauldatloa Mr whkb prteo breka 6 to 3u points closing at about tha barrels: prime erode "cjnlnal: prime summer yellow spot ir I173c juiylLifc lL63o all bid Savannah Ga April 14 Turpentine art king doing Lem sale April 19 at 31 610 1 receipts 196 casks: shipments JK Mock 2081 Rosin firmi sales 668 barrels raaalpts 4D: shipments 6 stock uri 14 SL 97 84 9TH96 5 05 ai: window glam a 60: water white 86 WMW 900 Do 6a preferred 80 1300 Do 7s preferred! 90 2MO0 Chile Copper 3 6400 Chino Copper 26 400 Coca Cola 77 6300 Columbia A EJW 1100 Columbia Graph 2 vissj uonsoi Uss 13200 Consol Textile IteOO Continental Can 16000 Corn Prod Rat 83700 Cosden A Co 69 40300 Crucible Steel 83 SHOO Cuban Am Sugar a 13500 Cuban Cane Sugar 18 21f00 Do preferred 22800 Coptfnentbl Motors 11 iiw javison unrm l0 Delaware A Hud 2700 Dome Mines 1WM0 du Pnnl 4400 Eastman Kodak 8A0 Endicott Johnson 7300 Erie MW Do 1st preferred 15100 amous Players 4o9 isher Ohio pfd 4400 isk Rubber 46000 General Aftphtit 1600 General Cigar 4100 General Electric 66300 General Motors PXi Do preferred 13500 Do 6 dr ben 4100 Goodrich 800 Granby 6200 Great Nor pfd 4400 Great Nov Ore XftlUQ GUI! Blates 1500 Goldwyn 700 Hayes Whrel 1500 Houaton Oil ISOuO Hudson Motor 1l0 Hfipp Motor iota Illinois Ontral Inspiration Cop 7W Ini Harvester Int Mer Marine 38000 LH preferred 4V) int Nickel 15900 Int Taper 2400 Invincible OH 2000 Island OH 15700 Irnn Pmdurta 700 Kans City South 21 4100 Kelly Spring 61 15400 Keystone A 10 20700 Kennecott 40 120 Kelsey Wheel 105 400 Kresge 225 Including 4 per cent stock dividend TAlfto regular stock dividends paid tAlso extra caeh dividends ilnltlal dividend Dividends paid Irregularly as declared are net tangible assets per share of stock as shown In latest balance sheets available Intangible assets are deducted wherever known but In some statements are carried In plant accounts etfe Book values of railroad stocks Include equltlea carried as figures are taken from corporation balance sheets and do not represent interstate commerce commission appraisals of values 76 6 18 17 17 18 21 17 4 62 63 64 69 68 INVESTMENT BANKERS 929 Laferette Boulevard Main Detroit Mich Main 51129 BONDS MBERTY BONUS oreign Exchange Railroad Bonds Securities Bought and Sold General Outlook Right Now Best in Yean Expert Declare Wellesley Hills Mara April 14Rorer Babson Is very optl mlstlc on the immediate outlook Since returning 'from his Inspection tripJie has been going through the mass of reports and Oguras which accumulated on hl desk during his absence These statis tics are even more encouraging than he bad anticipated Ainerlcan buxlneax has certain ly waked up according to the sta tistician "Th Babson chart show ed nearly 4004000 men out of em ployment a year ago Today Ithow praetleally no unemployment Where the blast furnaces were then being new furnace are now being started and premiums are being paid for prompt atari de liveries copper Industry Is showing activity for the first time for several year and many ot tho miner have been given a wage In crease ot'60 cents a day Building la still booming and tho 1US fig ures will exceed any previous year notwithstanding the big volume of ll! 700 23 1 300 000 1000 200 yw England fieomlag "The most remarkable change In sentiment I find right at homo hero in New England A year ago tha mills were cutting wage and great numbers of workers wore out dn strike Today the mills are work Ing overtime and Ve largest con cerns are advancing wages Of course this to an unhealthy sign for the long pull because It Is due only to the artificial barrier on Im4 migration Un tho other hand In creased wage are a great tempo rary stimulus to trade Tho pur chasing power ot many cities is simply the total of shoes cities" payrolls "Increasing wages in New Eng land's mills ot 1 1 3 per cent In creases tho purchasing power ot the communities to almost a cor responding amount This means that these manufacturing centers will during 133 be the beat places to send salesmen because most wage workers spend all they get Moreover such salesmen should be sent to these cities' at once because the present boom can not no long lived It Is not based on a firm foundation Many ot these men now getting an Increase In their wages will be out ot work before 134 ie ended I' While coming north last week from my winter home at Mountain Lake In the beautiful Ridge lake section of lorida I saw cotton be ing planted' in Georgia It Is evi dent that the south Is very happy with the present price of cotton and that a larger acreage will be planted In 1923 Corn planting has Started In tbe routhwest and the seeding of oats is seen throughout the south and the southwest Win ter wheat doubtless was killed to some extent last month in Illinois Indiana Missouri and Kentucky but these fields will soon be re planted for even the farmer Is feeling better than he has felt for some years In spite of the tact that ho Is not yet out of the woods Ills great difficulty was that the price of wheat went down so much more than the price ot what he had to buy What armer Needs the farmer wants Is high er produce prices or lower merchan dise prices Now to have merohan dlse prices go up still higher In 1923 as everything indicates will oe the case the farmers must get higher prices for their 1323 crops or else there surely will be an other collapse In 1924 Wo cannot get good business by disregarding1 either the multiplication table or the Ten Commandments The Ruhr invasion ds also help ing spring business over here In Business Man has thorough knowtedr of stMl construction tbs manufacture of motor trucks and commSrclal rteel truck bodies can make splen did connection' with manufacturer Must invest 310000 Apply Box No 154 ree Press rv 3 We Offer This Small Block of Slock at Par anare 01 Sponsored by a host of Ameri foremost financier and operating on gigantic acreage in South America's richest ell dis trict this Issue gives promise of recordingaomeexceptlonal mar ket records during forthcoming months A icasoncdand producing com pany Vre have just prepared i special pamphlet ready for free distri bution PRODUCE MARKETS Chloas April 14 Poultry: Steeelpta durU fvrlnra Je turherv Se rootdvre We Minnesota Red 1 Idaho rassetfc 902 19 Aprfl Apples onions eaull no war spinach steady ealery and let firm all prfcw un Chanred Sweet Mtateea steady and un PL None HUHI'W'W at 11 2S1 'ratMTRloa U49 poor' green ornnoyv 83 tt Cabbuo firm Alabama bar mostly 85 poor luif pointed and flat mostly 86 Texas round L66 25 A4r1 Live poultry nb quotations druaed poultry vuk and un rti' AllrU 23c others unananireL EARNINGS 5 TSv AaII JI 1922 were $1033 Average net earnings applicable to the common stock for the six years ending Deceny per share This was over 100 per annum on the par value of $10 Common Stock tjrce months of 1922 Sales for January ebruary and March of this year tfere 33 larger than for the' METAL TRADES 'Vaterhury Conn April The Chase Metal Works at Waterville has just imported 100 workers from the Maine lumber camps to work a niffht shift in the factory TOBACCO Lancaster Pa April 14 There is airtrong movement on foot here to induce the restriction of tobacco acreage this season High prices for the 1922 crop stimulated planting but there a feeling that larger crops might undermine the market LUMBER New Lexington April The Wayne Coal company is planting 10000 locust trees on waste land around its property here today Ex perts say the trees should grow to the value of lo an acre within a year XETALS Naw Tart April There bas been tte tmprorameat la the fiwnftM tor reppte aad fonbtr pnoe abadiac kai Ueo reported durtat the pest wrek Nrerty all tbo Iran Ing preduerra are bow quoting 17c far olactrriyUc doltvwod white ooooftd Naoda aad af tbe mealier predwwrere to be shading this price te 17o wiu a pMbUlty that small tots Bight ba secured around the 17 tereL lre967? Steal prices vnehangsd I Duhith April 14 Cteetwe: J'41 ft bK nwi 2 Mlad Ramvif a kiraauM life: rawUn at Mi naa acaitoaa 2i4e tian grass will not ba In aeerion acolb until Dooambor and than for only bort sMskxi Whatavar lbs mo tive of our pelttlclana ma ba Use fact remains that th are a great drag oa ths prosperity of America Coder our present system of gov rr xaent tbe ugly reason we have soy prosperity Is because ot our tremendous natural resources Our forests mines fertile fields ana other great gifts of ftod enables us Bit 91U I4 7 li 1411 2U 141 nh 231 ie sow Wk 10H 12 MH nv 32 MH 11UW 110 42U 428 121 1U 73 12 22 4 65 63 64 62H 126 68 2746 116 117 123 119 UH MH1 66 65H 92 era arim a 1 a AOa4 IB StOCK OE A tOUi 01 00 0 Dividends on an investment of $10 in 191 have totaled 800 tn cash and l0 $10 originally has increased to $10870 par value jtock to stockholders of record De The company paid a 12 cash dividend January 1 1923 on the Commordeclared April to stockholders of cember 31 1922 and the semi annual dividend on Preferred Stock of 4 vr tz record of that date Week Ending Clow 13 Wek Div Book High Low Close Ago High Ixjw Rat Vai 26 II Winkelman Gq Stocks and Bond 1940 East 6th Sl Cleveland Telephone i Main 1570 MAIN OICE: 6BROADSTNEW YORK Direct Prteate Wltti to Branch Officei and all Prtadpal Markau The Wright Parker Company was founded in 1913 as a co partnership between Messrs John Parker anc1 Jouette Wright with a paid in capital of $10000 when they opened their first cut rate grocery store Un? this partnership the business grew from one store in 1913 to twenty five store in 1919 The business was incorporated in 1913 and the chain of stores subsequently increased to sixty fivfl and company conducts a cut rate cash and carry business and handles a full line of staple and fancy groceries smoked meats bakery goods drugs and daily market i located The company owns a modern plant including general offices warehouse bakery and refrigcrirect from at' Michigan avenue and Isabella street with switching facilities delivering car lots of food produgndle at least manufacturers into its warehouse The buildings are of modern construction and adequate tr one hundred stores i 90 at' lost 114 103 21 2 944 K'S 994 2 HI 111 13 14 10 47 45 47 49 to 4313 7 129 ia 122 The Stormfeltz Loveley Co flOO 25 207 36 82 II 28 26 166 87 73 20 12 7 6 13 11 74 63H 84 IS 2Mi IU 134 135 1 180 53 84 62 86 76 48 13 24 11 40 73 137U 135U 1MV VJ7L 1A1U Alloy Steel 87 36 36 37 39 uruEB ruit 176 Ret Stores 83 Rys Invqst 16 2 SILK New Orleans April 14 This city and district Is buying mor silk to day than ever before except In 7919 the year of extreme inflation Job bers and retailers declare their turn over astonishing HIDES Chicago April The packer hide market Is flrm but quiet with few developments yet in evidence in April stocks COAU airmont Va April 14 rtial loadings are Increasing so rapidly that producers fear embargoes There are upwards of 2700 loads at Curtis Bay or enout there California Pack 919 California 99 lira 148 ilr 35 69 69 6 83 38 to Sates (or Week 9680 Lre Rubber A 4M6 Lehlfb Valley 1300 Loit Candy IMfi A 906 Mayma Copper 6400 Manati 8uar 10700 Martin Parrv 10800 Maxwell Motor A 531 1MUQ VO 15 4800 Mexican Seaboard Mlmt rnnnr 18100 Middle States OIL 11 83500 Midvals Steel 82 iwuu Aio nan re 1900 Mo Pacific 27O0 Io preferred 660 Montana Power 6 80 88 47 4 65 87 128 133 125 64 68 43 28 16 76 76 87 62 23 10 8 39 384 69 57 42 b4A 95 87 '24 123 38 P4tx 126 112 tnf inL 52 24 29i 60 60 65 78 14 10 42 45 33 76 77 69 31 ft rA a a a si A' WU 3e 1 J' v'' "kf A A i a rtrnWniLl iiniiiMl laHiHBmaaiaaiareareSterewaftwaaftaaiiftaii 11 aspi i ian Ml abova normal atlun II I a A I lj I HI I I i 8 I I I I 4 I I 1 I I 1 I I I I i i A I P1 1 i'' I I I 9 4 1 I I a A I 1 'l 2 iSuHdrag O1 min mi iffi i Bill) Him Him 83 68 34 00 19 18 14 1 1 80 71 400 61 45 4 36 84 6 49 49 64 41 138 89 90 91 94 81 6 00 180 1U ll 190 178 11300 J41 16 16 15 13 13 ST 6:00 831 89 89 90 600 531 87 39 38 41 34 96 ty 29 31 33 23 99 79 73 74 80 71 6 00 1 32 82 33 to 30 89 97 99 100 104 78 119 5 6 6 7 4 17 39 40 0 41 300 27 82 61 7 78 62 12 77 79 79 H5 7S 300 38 178 176 175 183 152 800 135 79 80 82 84 64 47 14 15 17 21 11 78 44 44 49 62 26 199 66 67 69 73 62 137 4 4 4 6 3 97 99 99 106 68 600 Hi 60 61 60 84 55 146 108 103 103 106 99 800 283 56 67 67 ri 4 7 7 8 61 66 Wi 36 85 86 81 31 IL 87 87 38 93 94 100 93 700 306 21 22 21 22 13 6 14 80 83 81 86 70 7500 34 17 17 17 17 13 100 14 82 82 33 88 80 fl 20" 13 11 12 12 12 10 16 4 94 94 96 90 7 00 336 4 4 5 6 4 070 11 5 6 5 5 2 10 3 1 11 2 2 3 1 8 8 3 3 4 3 14 168 162 162 163 16 184 2 3 3 4 2 6tt 6 7 6 11 10 10 10 12 9 9 19 19 22 18 tSO 13 107 107 107 111 107 8 00 107 27 28 27 28 26 200 33 98 98 95 7 00 284 27 87 28 19 I 15 440 444 450 486 398 279 20 30 19 27 17 1 39 39 39 4 36 6 27 27 26 27 24 I 16 4 4 6 1 4 6 6 5 6 4 9 100 100 101 105 91 600 107 11 13 11 13 10 080 14 17 33 17 23 11 080 15 6 6 6 7 6 8 67 78 62 13 14 15 15 15 15 080 13 i.

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