Detroit Free Press from Detroit, Michigan • Page 60

FREE PRESS 1 Section Nov. 14 FINANCIAL DETROIT 5 Detroiters Go 1WALL street scratches its head MOVING AHEAD The Latest in Business to Texas for Traders' Meet Wife Insurance Now Is Target of Life Insurance Strategists Stocks Coast to a Walk; Maybe, a Neiv Outlook? NEW YORK The stock market found a temporary resting place this week after a $6,500,000,000 postelection price SALESMAN WANTED To call on East Side paint, lumber and hardware dealers, selling profitable full line Truscon products. Car necessary. Experience helpful. See Mr.

Peorfos 1481 E. 8 MILE RD. Coll JO 4-7474 John W. Southworth, Detroit Division manager for Shell Oil has been named Michigan chairman of the Oil Industry Information Committee, it wras slash. That loss in the market value of all shares listed on the exchange occurred in three disastrous trading days.

The most Five Detroit investment brokers entrained Saturday for the annual convention of the National Security Traders Association in Dallas Monday through Wednesday. They will represent the Securities Traders Association of Detroit and Michigan, an affiliate of the national association. It has a membership of 200 Gris wold St. traders. The delegation includes Clar Jean Brown, formerly with Canadian Life Assurance, has joined the Kelley-Baum Agency of Manhattan Life Insurance.

At the recent election of L. a Vnuncr SDrinr and Wire announced Sat- recent was last Tuesday when the general price level plunged I 4" tlA IrtWOet Cl'nnA Into If tnVt ti succeeds The first building built to house a credit union and paid for out of its own reserves has been opened at 16340 Hamilton by the Dairymen's Federal Credit Union. An open house Saturday and Sunday gave members chance to inspect it. The union serves' two-thirds of the members of United Dairy Workers Local 83, and was organized only seven years ago. iKenneth W.

11 3 A Ull Cj 2 Cunningham, of ence A. Horn, of First of Michi-1 Sun Oil. A eran with Shell, This Week S3 if: Southworth came to Detroit il fan Paul I. Moreland, of loreland Don W. Miller, of McDonald-Moore George J.

Elder, of George A. McDowell and H. Russell Hastings, of Crouse Co. in 1943 and be- ame immedi ately active in in the World of Business Corpus board of directors, N. D.

Ely was named exenitive vice president and general manager; Tom Couper was named vice president in charge of sales, and D. J. Gray was appointed controller. H. O.

Chamberlin has been named vice president and general manager of Kelly Coal newly formed subsidiary. Heat Engineering Sales Corp. Cadillac Chemical Co. has become a division of Nelson Chemicals of 12345 Schaefer. civic affairs.

In the last BY KENNETH A. THOMPSON Free Free Financial Writer It's a rousing job the life insurance salesmen have been doing five million more policies this year, or $16 billion worth. That puts life insurance in force in the United States right up next to the national debt. The figures: $204 billion vs. $252 billion.

And still new plots and policies are being hatched so the assault will continue. Now the "wife" market is being ballyhooed, or at least mentioned, in Detroit. FRANK W. HOWLAXD, new general agent for Massachusetts Life, is the instigator. ''Wife insurance has always provided a good market for us," Ilowiand says.

Today her Importance in the life insurance picture is even more It's this way, he says. A wife is no good as an income-tax reduction unless she is alive and Aril as chairman of I FLOCK MINNEAPOLIS (A P) Flour in 100 Id. cotton eeoks Saturday Fatoilr Datenls tmcharifrtd. 6.70: standard Dafnts un-chanired. 6.05.

Shinments. 61.760. Standard brand unchaneed. 48.50; standard middlings unchanged. 49.50: red do un-rtianrwl.

60.00. Southworth the Advertising "There is Power in Excitement" Committee of the Detroit Com members of Detroit Life Under munity Chest and as chairman of writers Association will hear at a breakfast meeting Monday at Hotel Book-Cadillac. Russel H. Moore, Mutual Bene Excelleat opporfsalty for Am Asiistaat Bayer WANTED RUG BUYER In Hew York City If you have a successful record as an Assistant Buyer of Rugs and know thoroughly wool and hard surfaces and feel you have the ability and are ready to assume the responsibilities of a Bug Buyer, one of the country's leading department store chains is ready to make an attractive offer. Write fully In confidence complete resume.

Box 305, Suit! 6IT, U5T Since Tuesday prices leveled off, for the most part straying a point or less from the previous close. IN" SATURDAY'S short session gains outweighed losses and the price average showed a slight advance. Changes either way, though, were mostly fractional. Major exceptions were American Foreign Power $7 and $6 preferreds, each of which dropped to new lows for the year. The $7 issue lost at 51 and the $6 was down Syz at 431i.

The declines followed word that several stockholders had appealed a reorganization plan which had been approved by a Federal District Court. VOLUME AMOUNTED to only 380,000 shares, a sizeable decline from 880,000 traded a week ago. Of the 770 issues which changed hands, 325 advanced and 216 declined. A new approach was taking shape in Downtown Manhattan. The largest stock exchange firm in the country, Merrill Lynch.

Pierce, Fenner Beane, put it in words in an advertisement in 19 papers across the nation: "So there was an election. So what happened?" How much ground this attitude Age 30-43. Academic background In accounting or industrial engineering. Mast be. familiar with manufacturing methods, processes and organization.

Excellent opportunity for advancement. Pleas furnish complete details. BOX 1535 DETROIT FREE PRESS, DETROIT 31 New Burroughs Automatic Tellers machines will be placed in operation Monday by Manufacturers National Bank of Detroit as another step in its service-improvement program. The machines will provide printed deposit receipts for commercial customers, eliminating the use of passbooks. The bank will issue envelopes to hold the new receipts.

It said that tryout of the system at its Highland Park branch since Aug. 2 had shown it to be more accurate, quicker, safer and more convenient. PEOPLE Marcus Goodbody, senior partner of the brokerage firm, Goodbody which has offices in Detroit, last week observed his fiftieth year in Wall Street. He joined the firm in fit Life's regional manager in Lansing, who has compiled an exciting record himself as an insurance salesman, will discuss the subject. He has written an application every week for 12 years and makes one sale out of every two interviews for an average of $6,200 in policies.

the Metropolitan Detroit Oil Industry Information Committee. Anticipated figures in gross volume for October were far surpassed by Lumber Fabricators, James R. Webb, president, disclosed. It was the best month the corporation had experienced since its organization. The concern manufactures section-built, precision-cut homes and series 400 dealers in 87 states with 66 models and designs of homes.

One of its two plants is operated at Elkton, Mich. Its offices are 728 Fisher Bldg. kicking. Under the 1948 Revenue 15 MODERN PLANT FOR SALE IN GRAND HAVEN, MICH. modern daylight plant, concrete and steel truaa construction.

2 years old. Heavy reinforced concrete floor with foundations for largs presses. 3-ton crane. Johnson oil burner. All modern facilities.

Switch track on Pere Marquette. Up to 6 acres of land. Available immediately. Attractive price on quick deal. STEIfl MANUf ACTIHtlMS CO.

MAYWOOD, HllNOrS Mac F. Begole announced that directors had approved breakfast meetings of the group for the rest of the season. J. D. Runkle, vice president and general manager of Crowley, jMilner will address the 11898 as an order clerk and 1 Wanted SALES MANAGER Automotive Service Equipment toill established, soundly financed Cleveland manufacturing firm, not previously in automotive field, seeks sales manager with automotive equipment experience to develop sales program through truck manufacturers, tire companies and automotive equipment jobbers.

Must have ability to hire and direct regional managers and representatives. Write riving qualifications and experience, to lex 1449, Detroit Fro Prtst Detroit 31 Appointment of Fred Chlopan as sales representative for Michi Detroit trailers' Group at 6:45 p. m. Broadway, N. Y.

C. 18 Buy and Sell Through Free Press Want Ads gan was announced by Jules Leroux, head of Leroux of telephone boy. Envin V. Link is American Insurance Group's new special agent for Detroit and Vayne County. R.

J. Holihan has joined the sales force of DiMarco, Fitzgerald Studios, which serves major Detroit advertising 'agencies and industrial users of advertising art. Philadelphia. had gained was questionable. While the furious selling attacks had stopped and possibly only temporarily there was certainly Act, the savings on her are lost if she should die.

Wednesday at Huyler's Restaurant. The development and application rf tests Howl and points out that this 4 can be serious. For Instance, if Chlopan, an original backer and organizer of the Michigan Table Top Licensees Congress, will work under Edward G. Elko, monoply state sales manager of Leroux. Products of the firm, sold through State liquor stores and SDDs, include Leroux Blackberry Brandy, Creme de Cacao, Creme de Menthe, a husband and father of two utue indication that a fast rebound was In the making.

FAILURE OF A rally to get underway was a disappointment to many Wall Streeters. It was and measure- Imenta for m- I ploye selection will be discussed Business T.onns MACHINERY EQUIPMENT ST AND ARK INDUSTRIAL FINANCE CO. noted, though, that the market children has net income (before exemptions) of $10,000, he would pay $1,360.96 in tax if his wife, is living. IF HIS WIFE is dead, however, his tax is $407.68 more. In a few; 1 by Jackson A.

'Owen, of MSES. had gone through a violent wrenching, that not for years had the price level dropped so much in so 'mrM Mafiilniriim lime I at mpetine' of the Detroit Runkle 1807 DAVID SWT ILDC. Wi 2-2790 short a period, and that thousands of stock traders here still scratch chapter, National Office Manage- years this can amout to quite a I sum, Howland says. In five years' $25.00000 Will Buy Key and Deed To completely equipped manufacturing plant in good outstate location. This concrete block, one-story plant, with truck height dock loading, is adaptable for the manufacture of metai products requiring standard machine tools, welding, painting and assembly.

With its 10,000 sq. ft. of usable space and its 1 acres of land, it represents a value far below current reproduction costs. Corporate liquidation by present owner occupant forces immediate sale and sacrifice at less than appraised value. Land, building, machinery and equipment included in $25,000 price.

Interested parties write Box 1532, The Detroit Free Press, 31. ing their heads in bewilderment over what had happened. Sheraton Hotel. Kecovery, if it comes, mieht be a painfully slow process. Or unpredictable Wall Street may change its mood as suddenly as on the day after the election.

Large Pvlanufacturer offers excellent opportunity to several men between the ages of thirty and forty, who can qualify as Senior Internal Auditors. Qualifications: Several years of public accounting experience; successful record of experience as auditor or accounting supervisor in a heavy manufacturing concern. AH pertinent details of education and experience must be included in first letter of application. Write Box 1420, The Detroit Free' Press, Detroit 31. CHIEF ENGINEER Qualified tool, die and equipment engineer.

Broad experience in automotive field. Capable matter mechanic Good labor relations background. Best of references. Box 1526, Detroit Free Press. it would be in 10 years it would be $4,076.80, providing i there is no remarriage.

"Adequate Insurance on the wife's life will Indemnify the husband against this additional Income tax," Ilowiand figures. He tosses in the additional thought that a widower may have to hire a housekeeper, a maid and maybe a nurse, at consider- V. 1 A 1 1 Peppermint Schnapps and Triple Sec. A newspaper advertising series has been initiated for the firm by J. M.

Korn Co. to further encourage sales. Livestock CHICAGO (AP) Saleable boes Saturday 3O0. total 3.300 (estimated t. Compared week auo: Butcher hots 2.00-2.25 lower: sow 2.75-3.00 lower: top at close nf weelt 22.85.

paid for one load: bulk 250-290 lb. butchere ended at 22.00-22.25. Salable cattle Saturday 500 (estimated): total not Riven. Compared week a'o: Maiure slaughter steers vtry uneven. 60 to 1.50 lower, sin.w off 2 00 or nioru.

particularly on medium and (rood heaviea: yearling steers and heifers generally steady to 50 off faleg around l.OO lower: demand narrow from mid-week on with clearance incomplete: cowa 50 to l.OO lower with liberal share week-end receipts carried over: bulls steady to 25 hucher; vealtrs steady stock cattle about steady: top 40 75 for two loads choice to prime 1.125-1.130 lb. fed steers: several loads lb. fed steers trrarinitr avtraee-choice or better 38.00-40 no. but bulk rood and choice trades 29 medium to low-iood short-fis largely 24.50-29.00: load hiirh-choiee 950 lb. beiJers 37.25.

bulk good and choice heifers 27. 50-35. TTj. rood beef cows 20.00-23.00. canner and cutters largely 13.75-17.50.

17.00 down late: hulk medium and rood sausage bulls 22. OO- Dunn Steel to Pay PLYMOUTH The board of Dunn Steel Products Co. had authorized a dividend of 10 cents a common share, payable Dec. 10 to stock of record Nov. 24.

EXCLUSIVE DISTRIBUTORS for amazing new, "interchangeable letter," Neon Sign. Makes 50 glowing Neon Signs for the price of one. Territories now being opened. Immediate investment of $5,000.00 to $10,000.00 for inventory necessary. Sells for $49.50 up.

A proven money maker. Phono 6-1622 or wire Mr. lard co American Uuon 950 Monroe N.W Grand Rapids 2, Michigan. running. That's another plank.

ALL Tins IS termed the "idea of the month" by his fellow Detroit life underwriters. Grain Pit Wheat closed lower to Ji hiehtr. December sa.32i-4 corn was lower. lcpmlr .40 oat wre I lower, December 80 K. rye was 14- 1 i lower.

Dectmber $1.77. eovbean pr i-14 hisher. November $2.59. and lard I ai 15 to 30 cents a hundred Doundx lower. November S18.80.

Over 100 award-winning corpo WHEAT: Open Hich Low ration annual reports are on dis ATTENTION CONTRACTORS BUILDERS OWNERS December 2.31 Si ana moni nuaium io cnoice yeaiers nnumtMim iivn 28 00-32 O0: choice lit-ht feeding steer PIay UOWntOWn JLJOrary at Close 2.H2 4 2.25 4 2 114 2.094 1 Mar Julv 2.24 4 2.114 2.09 4 2.25' 2.24 2 114 2 ION 2.09 4 2.08 4 121 Gratiot. Grace A. En eland and yearhntrs 28.oO-2M.75. medium and good feeder sieers 21.50-26.50. i September CORN naiabie sneep baturoay vuo iestimaiei i trickwork Wanted tells us.

They are winners in the Detroit Trust Co. and Financial World contests. They will be on view until Dec 1. December 1414 I May 1.4.5 1.45 4 September 1.414 OATS: I December 4 i.May 1 41 4 1.454 1.45 4 1.42 .81 .74 1 juiv September RYE: .69 4 .69 4 1.40 4 1.44 4 1.444 1.414 .80 4 .76 4 .714 .68 4 1.77 1.74 4 2.5S 2 584 2.62 4 2.614 1.41 1.44 4 1.44 4 1.414 .80 4 .76 4 .714 .69 4 1.77 1.74 4 2 50 2.60 4 2 64 4 2.64 4 total not (rivn: oonwari week aeo: Receipt -xpaiilf-l anproximately 5.0oo had hx-ally and Su.oOO head at twolre markets: slaughter lambs closed 1 yearlings weak to 50 lower and ewes oO off: western nt and fed yearlinrs predominated: rood and choice slaughter lamb closed at 24.2d-2.V50: late packer lop 2" 25: common and medium rrade 19.i0-23.O0: hith-Kood and choice clipped lamb earlv 25 5t and 25.75: comparable fed yealrinsa 22.25-22.50. choice weMtrn ewes u.7o.

with medium and (rood kinds 8 25 0 25 late when medium fed yearlings sold at IHI'0 and light North Dakota filers went on New York account at 21.50. Dividends LUMP SUM ESTIMATES LARGE CREWS AVAILABLE A.FX. UNION BRICKLAYERS DARIN ARMSTRONG, INC. GEN. CONTRACTORS CALL MR.

PERRON UNiversity 2-3413 1.78 4 1.75 4 2 5 2.B 2.64 4 2.64 4 December ITS May 1.74 i 1 SOYBEANS: November 2.5Si i December 2.58 i March 2.6.1 May 2.63 LARD: WANTED SECRETARY-MANAGER for Retail Lumber Dealers Asserlaiion. Prefer mu 33 to SO years ef ace with oraanisinf ability, etrena; personality, and working knowledge of the retail lumber business. A good position for the right man. Present manager Is retiring after thirteen years serrice. In reply give complete details of barks-round, qualifications, age.

etc. Write DETROIT DISTRICT RETAIL LUMBER DEALERS ASSOCIATION 13344 Woodward Avenue, Suit ZOO. Detroit 3, Michigan I November December I January March 18 J2 18 95 1H 40 18.30 18.70 18 SO 18.20 18.10 1 80 18.80 18.20 18.15 18 95 1ft 03 18.40 1 8 35 18.32 M3T 18 15 18 17 Payable 1-3 -49 Period Rate Rec'd Sxtra Can Bk of Com .20 11-30 Wheat ranse at other principal markets Previous nifrn low i.ioe Close Regular FinanCoAmBaltAtB 2 50 12 3 12-16 arner Br Pic 25 12 -3 15 -49 ri In 2.25 4 2.26 4 2.2H, 2.214 2.22 4 2.22 '-a 2.26s Kansas City 2 22 4 LIFT TRUCKS, gas and electric STRADDLE LUMBER CARRIERS BULL DOZERS TOURNAPULLS CRANES ROAD ROLLER AIR COMPRESSOR HARRY M. RIGHTER, Inc. CLEVELAND 2, OHIO Foot of West 45th Street, Phone Cleveland ATlantie 1631.

1:30 to 4. New York Curb Exchange Sales In KMs Close Che Salt Do Oil l. W' i M. TERMS Sfiiuiie l-i A 3 Sea Lock AH 5 Stlei-t Inds Do ct 4 Semler RB IS Sentinel Rid 2 Sherwin-VSms 1 Solar Aire 4 Solar Mfi 4 OPERATED AND MANNED BY VETERANS Close Chr 14 '4 4 6 hit 1J 5H 3' '4 11 A -t- A IT DESIRKD S60-S 1,000 1 l'EAB OF WORLD WAR ATTENTION! Dealers Jobbers Agents Imported C-6 Type CHRISTMAS TREE LIGHT BULBS Priced for BIG Profits Immediate) Delivery Phone HA 7-3266 or wr'rte for details and descriptive folder. Intercontinental Industries 600 8.

Michigan are. Chicago 5, III. sonoione 13 SalM In lOOa Alaska Airl AmBant Car 6 Am 0 Am Maraoa 3 Am Surwrpw 5 Angrrtnan Co 2 AnsloIrOil 150 ArkXaGasA 16 Aro Equip 2 Ashl OilAR 1 AtlanCp war 14 BariumStl 10 Blue Bid 11 Buckeye PL 4 Burma Ltd 15 Callite Tunc 2 Caialin Am Cp 19 Chief ConsM 2 Cities Serv 21 Claude Neon 1 Colon fievel 7 5 Sos Ml 1 3 4- Mi 3 4- 14 A 27 14- 24 1 4- 27 4- 12 4- 2H 8 20 53 '4 4- 23: 2N 5 25'i 74 4- 4 1 A PoC Ed pref St Oil Ry St PwiLt Stein AACo Stinnes Tampa EI Teihnicolor Toklan Roy I'nexcel Chm 2H inlf Vi l's 43 2 n- General McAuliffe said "NUTS" That's the word he put in the history hooks on Decemher 22; 1944 when the Germans demanded the unconditional surrender of Bastogne in the Battle of the Bulge. Inelegant hut eloquent Typically American. In effect, that's also the answer President Truman gave the political experts even members of his own party when they tried to tell him he didn't have a chance.

The President's victory proved once again that the American people respect a man who "won't run away from a fight. And maybe Nuts" is the only adequate answer to those who are fighting the election fight all over again to their predictions of disaster and the fear they breed to the apathy, apprehension, and all the wild alarms of the past week. Remember, if there were no election to complain about then, we'd really have something to worry about. You see, we think democracy is something more than just a good idea. Believing in it means believing in the judgments of the American people, accepting them, trying to do a job within the established framework.

Let's not talk about our rights; let us talk and think about our responsibilities. ft One campaign tactic did get us a little riled. That was when the moth-eaten bogey of a Wall Street tycoon was trotted out. But there's no sense getting too worked up about that All's fair in love or war or an election fight. In America.

Mr. Truman knows as well as anybody that there isn't any "Wall Street. That's just legend. Wall Street is Montgomery Street in San Francisco. Seventeenth Street in Denver.

Marietta Street in Atlanta. Federal Street in Boston. Main Street in Waco, Texas. And it's any spot in Independence, Missouri, where thrifty people go to invest their money, to buy and sell securities. These are the financial shopping centers of America, where industry must go for the money it needs to keep the wheels turning.

If the money goes into hiding, the wheels slow down. But in an atmosphere friendly to all types of honest enterprise, the American people trill put their money at risk in the hope of earning a fair return. Then business will have the life blood it needs to accomplish again that miracle of production which is as necessary to win the peace a it was to win the war. Mr. Truman knows this.

Mr. Truman believes this. Or to we think. If we're wrong well, well wait until we're proved wrong. Certainly, we're not going to yell before we're hurt.

ft ft ft So there teas an election. So what happened? Specifically, what has happened to change the ideas of people in the financial shopping centers about the value of the securities they own? Thus far nothing. The greatest industrial machine of all times is still going and going at a record rate. We're still doing business at the old stand and under the same conditions that have prevailed for sixteen years. All of which reminds us of something Mr.

Truman's predecessor said, We have nothing to fear hut fear itself. Still true, Merrill Lynch, Pierce, Fenner Beane I nit Cp war 41 10 I'nitShoeM'SoO Col wr 13 I it Prod 1 Colts Miff 1 4 Wat Che. Int Ctil 2 US Kaiser-Kras 13 H7m 4- Km S--ley 3 17 Kirby Prt 1 12'; ht Kirk LkGX 3 1 A Lake Shore 1 8 4 Leon OilDev 12 4- A Le Tourneau 1 1 Lone St Gas 10 204- Lone- Is Lit tt tV Loneine-Wit 3 8 i Md'lan Oil 1 Hi MoCordCorp 1 34 Mi'-h Suit pf 3 7 4- MidStPBvtc 1 74 4- MidWestCp 15 US MidwCex-dii 6 57- Miller-Wohl 1 7 4- '-4 Min Cn Can 10 8 i Molybdenum 1 7 Monorra Pie 4 8 A Morris PI Co 5 3', Mount Prd 1 13 Mur Oh ig 2 27', NalBellafHs 2 31. NatMall Fab 1 11 7 8 NiacHuriPw 15 7. NiairHudB vt 5 Niles-Bem-P 6 Vi NorAm 7 7 Nor StaPw 7 NorthropAirc 7 114 i Overseas Sec 2 8 Pancoaat Oil 22 3i 4 Pantep Oil 7 10 4 Prkrsbf 1 17 '4 4- 4 Penn Traffic 3 4S Pennroad 4 7 ii Pep Boy 2 3 4 Phans TAR 4 4 'i Polaris Mng 1 5 Prod Corp 2 1S RKO op war 1 Raytheon Mf 3 ti Ueis KCo 8 1 Rich men Had 2 2 Rotary El StI 2 34 RyanCons Pet 1 6 Mi Ryan ConsPet 1 St Lawr Corp 2 7 Mi Do pf 5 18 4- 4 ComDShMvto Cons Gas Ct 2 althamwat Warner Aire WilnonBros Winnipeg El Woodall Ind reoie vet Crolt Brfw Crosley Mot 4 5 .1 2 Wnirht-Har Cub All Snr Total Curb Stovk saVs 7S 10 -4-43 3 2i 11 SPECIALTY SALESMEN Guaranteed salary, commission and car allowance.

Leads fur-nished. Minimum requirements successful pre-war sales experience with major appliances, insurance or domestic heating Dennis MfjrA 2 1 ue ray ir Diana Strs Duro-Test 1 East Sta Co 1 El 61 5aturdar. 80.000 shares. Total Curb Stock Hales year sko, 138.325 share. Actual sales.

id-Ex-diviilend. DOMFTIC BONDS Kulr in SI.IMhl Close Ap El 2 H4', Cities Sr 5i 4 lOBMi Do j.h 58 6 104 Pub 8 1S3 So Cal Ed 3-65 5 103H FOREIGN BONDS systems. For appointment call TE 4-3484. Fmp Millw 3 Equity Corn 10 EurekaCLtd 11 14 Fuller GA 4 GarrettCorp 2 GenPlywood 11 Gt Nor Pap 1 Groc Str Prd 1 Holl Gold 1 Humble Oil 4 Hyprade I'd 1 III Zinc 2f0 Imp Oil Ltd lfl Int Petrol 15 Cauea Val 334 IK iotJ 3 73 18H 10 1 1U 17 11'44- 2W 18 sales Russian Hsll9 Do 6 4s 1921 24 Stinnes 4s 46 3rd st 4 Total Curh Bond Saturday. S70.OOO.

Total Curb Bond sales year airo -fl Ann Complete Metal Working Service PATTERNS GREY IRON CASTINGS MACHINING PUBLIC AUCTION SALE NOVEMBER 23, 1948-11 A. H. (C. S. BY ORDER OF THE OWNERS! MODERN HIGH GRADE PRECISION MACHINE TOOLS.

TOOL ROOM, STAMPING and PRODUCTION EQUIPMENT LAND AND BUILDINGS H. C. JENSEN MFG. CO. Inc.

RACINE, WIS. 2-CINCINNAT! CENTERLESS GRINDERS, FILMATIC SPINDLES. 1 BLANCHARD NO. 18 MAGNETIC GRINDER. 12 MILWAUKEE MILLERS, MODELS K-3 VERTICAL AND H-2 PLAIN.

6 BARDONS OLIVER TURRET LATHES, NOS. 2, 5. AND 7. 2 REED THREAD ROLLERS. 2 CINCINNATI BICKFORD HAMMOND RADIAL DRILLS.

I NILES UNIVERSAL VERTICAL TURRET LATHE. 7 LANDIS, COVEL UNIVERSAL MAGNETIC SURFACE TOOL GRINDERS. I NIAGARA NO. A4'2 O.B.I. PUNCH PRESS.

4 O.B.I. PUNCH PRESSES, NOS. 0. 2. 4.

8 BROWN 4 SHARPE, CLEVELAND NATIONAL ACME AUTOMATIC SCREW MACHINES. 20 DELTA BARNES, BAKER AND WALKER-TURNER DRILL PRESSES. 1 1 DO-ALL SAW AND FILING MACHINE. Oil Gaar Horizontal Broach, Engin Lathes, South Bend Tool Room -Lathes, Bench Lathes, Ohio Shaper, Milwaukee M-24 Simplex Milling 'Machine, Air Compressor, Welders, Fellows Gear Shaper, Power Saws, -Scales, Bench Miller, Etc PRECISION INSTRUMENTS 60,000 LBS. HI-SPEED TOOL STEELSMALL TOOLS DEAL 0fff Subject To The Approval Of The Owners.

The Real 1 Estate Comprising 18,000 Sa. Ft. Of Building Space And Ap- ESTATE: proximately 13,000 Sq. Ft Of Vacant, Parking Lot and Loading Ramp. Descriptive Circular Mailed on Request WRITE WIRE PHONE SAMUEL L.

IVINTERfJITZ CO. AUCTIONEERS LIQUIDATORS APPRAISERS 2280 National Bank Bldg. CAdillac 0969 CHICAGO INDIANAPOLIS NEW YORK 1 -Td 5r i- c- in ASSEMBLY tAicw- Foundry and Machine Shop facilities available for making and machininq practically any size For Sale By Ovner A BARGAIN AT ONLY Ml ,600.00 Year 'round ranch style furnished home on Lower Straits Lake Just 30 miles from General Motors Bldg. Two bedrooms, bath, electric stove and refrigerator oil heat phone. Good schools and stores.

Near Edgewood golf course. Owner may be reached at TR 2-3691 week day evenings or on premises Sat. afternoon or Sunday. 9095 Commerce Road or phone Pontiac 1-4856. Financing to suit.

casting in long established plant producing highest quality work. We are well equipped to handle steady production jobs now producing machined castings for some of the largest automotive manufacturers. MANISTEE IRON WORKS CO. Address inquiries to DETROIT OFFICE AM. W.

Br. Km, 3020 Grand Blvd. Brthtrt Strtrritrct tnd Crmm4ttia Buhl Building DETROIT 26 Telephone: CHerry 4670. Sit) i Michigan, then TRinity 1-3656 1.