Highland Park Public Library Local Newspapers Site

McHenry Plaindealer (McHenry, IL), 28 Apr 1927, p. 7

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

ft J#,1 W JU ipWWj W!f» V \ ' ' * ' > ; THE IfcHEH&Y PLAIKDEALKE, THURSDAY, APRIL 28,1927 . " - ^ " NEW SOLDIERS' COTTAGE "• a. _X DELICATED SUNDAY, MAY 1 ' * - * . At three o'clock, Standard Time. (Sunday, May 1, 1927, the new soldiers cottage, housing approximately 250 men, will be dedicated at Elgin, 111. TJiis dedication ceremony is being conducted by the American Legion, Department of Illinois, at the request «f the Managing Director of the Elgin State Hospital, Dr. Ralph T. Hinton. This event is another step toward the ultimate completion of hospital facilities for mental cases among the ex-service men in this area. The general public are cordially incited to attend this ceremony, as the Llgion is quite proud of the type of hospitals now "being constructed for the care of the ex-service men suffering with mental disabilities. These buildings, together with the iaow buildings at Jacksonville, were ^ailt by the State of Illinois to take care of the urgent need and were planned when there was no assurance that the federal government would provide for the proper hospitalization of these men. An excellent program has been arranged, including a pageant by the •X-service men who are patients at the hospital in memory of oar country's heroes. ' The program will include Ferre C. Watkins, State Commander of The American Legion; Milton J. Foreman, Past National Commander, The American Legion, who is representing Governor Small; Jacob M Dickinson, National Rehabilitation Committee, The American Legion; Dr. R. T. Hinton, Managing Officer of the Elgin State Hospital; Rev. N. B. Clinch, State Chaplain of The American Legion; James Sykora, Past Commander, 11th District, The Amer. ican Legion; Herbert L. Moultou, Chairman. State Rehabilitation Committee, The American Legion; Father Walter L. Fasnacht, Chaplain of Glen Ellyn Post, The American Legion; and James E. White, Past Commander of Theodore Roosevelt Post, The American Legion. Formal Destruction The virgin forests in prehistoric times were not entirely destroyed by llres started from lightning, because they were cool, dark, moist and very dense. This made them much leae Inflammable than . the pre^ut-day thloaed-out forest*"... r Attractive silks for the slips. Erickson Dept. Store. As Wfc fff* frequently asked if it pays to spend so much time in reconditioning and inspecting our used cars before they are offered for sale. The answer is that a great many of our used car purchasers come bade when Ibey waat new cars. Doesn't that pay? JAMES MORROW & SOU Waukegan and West McHenry A useo CAR IS ONLY AS •E-PE-NOABLE' AS THe D&ALE-R WHO SE-LLS IT DRUCE & SHELDON Phoao 100 Gr&ysl&kft, I1L HART-PARR TRACTORS, E-B PLOWS and DISCS, WOOD BROS. THRESHERS, U. 8. HUSKERS Hudson and Essex Cars •< IMM"M t 'I M I MM "RE-DISCOVERING ILLINOIS By LESTER B. COLBY, Illinois Chamber of Commerce Lots of action here Big values on boys' clothes is the reason All-wool 2 and 3 button suits with 1 pair of longies and 1 golf knicker $12.50 Other Suits 12 to 18 years, 2 pair of longies $1Z50 to $22.50 Pure worsted sweaters--- V-necked; pull-over* Broad, roomy Shoes if fine Scotch leather McGee's Home of Hart, Schaffner and Marx Clothe Only the other day I was talking with a\ prominent financial man about investments. The subject of the small town investor, came up. I asked him what impressed him moat about their methods of investing their savings. He replied: . '"Ojeir extreme daring." V That rather surprised me^ Ikad supposed the small investor, especially the small town investor, to be wary and suspicious of fakes and of frauds; rather cautious. My friend informed me that it is the large investor who is cautious. So I asked for more information. "Since the World War investments in stocks and bonds have become common," said my friend, the financial expert. "Buying has been free and liberal. That, of course, is good. But the small investor is likely to buy knowing relatively little regarding the assets behind his stocks or bondst little regarding the management and little about the methods of organization of doing business. 'He is likely to purchase unlisted stocks and bonds and when he does he may find, if the time comes when he needs quick money, that there is no ready market for them. A wise investor should consider two things-- safety and merchantability of his holdings. "Any investor can ascertain the value of his listed stocks in a moment any day by glancing at the financial pages of any large city newspaper. If he wants to know the value of unlisted stocks it will at best require some investigation, some loss of time, and even then he ma$r not be certain. Listed stocks are instant .collateral at almost any bank. So, seeking to be of some service to the hundreds of thousands of small investors who have developed in Illinois since the World War when the purchase of war bonds educated them to what they could do, I began to seek investment facts. There are six principal stock exchanges in the United States--in New York, Chicago, Boston, Philadelphia, Baltimore and Pittsburgh. The Chicago Stock Exchange stands second in size and influence. It passed the Philadelphia exchange ten years ago, the Boston exchange eight years ago. Two of these exchanges interest the T!linois investors--The New York and Chicago exchanges. Every Illinois investor is interested in developing Illinois business in every way. That means that, speed and service in transactions being equal, he ought to favor the Illinois institution, which is the Chicago Stock Exchange, with hisx business. Likewise investors in other Central *W«stern states, vl;o profit when this midwestern country develops, ought to favor the Chicago market. Are they doing it? In some ways they are. At least fifty per cent of all the public utilities now being financed in the United States are financed in Chicago. In that one division we go beyond our territory for we find utilities in Florida, New Jersey, Maine, Minnesota, Colorado, Oklahoma, Texas and the Pacific Coast coming into this market with their securities. But there is another end to it. We find 262 stocks of companies doing business in Illinois listed on the New Y< Stock Exchange, which are not listed on the Chicago Stock Exchange. Of these sixty-nine are incorporated in Illinois and maintain their producing headquarters in Illinois. New York stock exchange business in these stocks during 1926 was 13,372,573 shares more than Chicago stock exchange for the same period. Only twenty-two Illinois 3tocks are listed on both the New York and Chicago exchanges. Seven of these twenty-two companies are incorporated in Illinois and maintain headquarters here. In spite of that. New York's trade in these stocks in 1926 totaled 10,507,669 shares while Chicago's was only 1 092,907. These facts are stated frankly to develop thought and conj sideration. The interest of Illinoisans ! is in Illinois. j If stocks are to be listed on the ; Chicago Stock Exchange there must | be some advantage to the company or : corporation making Ahe listing. I talked with several men qualified to discuss that subject. Here are some | of the reasons they gave me. 1--Rigid requirements lift the stock | out of the class of investments which i must come under scrutiny of Blue ! Sky Law investigations. | 2--Listing gjives the stock prestige i market. J 3--Prompt publishing of prices, , available at once by ticker, supplies | an instantaneous loan value. ; 4--Rules of the exchange fix com- ! mission rates to be charged to buyer? as distinguished from an unregulated situation on outside transactions. 5--Rules which regulate and facili tate the delivery of securities in the proper form. Other reasons, some of them technical, can be taken up with the secretary of the exchange by anyone interested. Requirements are fixed and rigid and it can easily be seen that many stock and bonds being bartered can not gain listing. The time has come when the public should no longer look upon a stock < • ] exchange of this class and type as a •1 (rambling place. It is today a market. Securities which are as safe as man's ingenuity can make them are dealt in. They are bought and sold. The t.u.ving and selling is as direct and clear-cut as the buying and selling of beef animals or clothing or oranges or potatoes. Deliveries are made and the paper, which represents some undivided part-interest in some great manufactory, business house or utility, changes hands. The Chicago Stock Exchange is the only market of its kind in Illinois Step into your bank if you want to invest and through your banker you may bay with the full knowledge that ",",a ti'-wnjjjiytoH ha"e a and conservative as any any. Exchange anywhere. stocks on RINGWOOD Mr. and Mrs. Maxwell Beth and son William Henry, of Chicago spent a couple of days this week in Ringwood. | The B. M. Bunco and Nightingale Choir met at the home of Mrs. Bertha Justen on Tuesday evening, April 19. A delicious luncheon was served by the hostess' mother. Very pretty prizes were awarded. Mr. and Mrs. George Shepherd and two children and Howard Hamilton and Mr. and Mrs. Leslie Olsen and Mr. and Mrs. Elmer Olsen attended a party at the home of Mr. and Mxs. jJames Bell on Tuesday evening. Mr. and Mrs. Leon Dodge and t#0 sons were recent callers at the county seat. Bert McCannon of Woodstock spent. Wednesday afternoon in Ringwood. The honor roll of the primary room: Amy Lawrence, Dora Anderson, Robert Thompson, Alice MacLowe, Floyd Freund, June Walker, John Noble. Jean Whiting, Russel Franzen, Esther Lawrence, Richard Kelley, Floyd Whiting, May Adams, Loren Thomas, Lucile Peet, Kenneth Noble, Noren Krohn, Stanley Young, Paul Walkington. Elaine Bradley, Ellen Smith, Gerald Noble, Irvin Walker, Charles Freund. Mrs. Will Dodge left for Canada on Tuesday morning to visit her daughter, Mrs. Agnes Gilbert. Mrs. Robert Lowe and children were recent callers at McHenry. Mr. and Mrs, S. W. Brown spent Wednesday at janesville, Wis . Mxs. Steve Ingalls and daughter of Spring Grove spent Saturday afternoon in Ringwood. Dr. and Mrs. N. J. Nye of McHenry were Ringwood callers on Wed* nesday afternoon. Mrs, Leslie Olsen assisted in S. W. Brown's drug store on Wednesday. Mr, and Mrs. W!histon of Richmond are hanging paper at the Lewis Schroeder home. Jesse Allen spent Wednesday in Ringwood. Mrs. Langley and Mrs.v Crawford and children, who have been visiting Mrs. Frank Hitchens, have returned to their homes in LaGrange and Detroit. Mrs. Arthur Peet and children spent Thursday afternoon in Ringwood. Mr. and Bfrs. William Justen are the proud owners of a new Pontiac car. Charles Thompson accompanied E. Hopper of Ringwood to Libertyville Friday night where they attended the Woodman lodge. Mrs. Lewis Schroeder and daughter, Jessie, were Thursday evening callers at McHenry. Mr. and Mrs. Charles Stephensen spent Friday with relatives in Elgin. Mrs. S. W. Brown and son, Leonard, spent Friday evening at McHenry. Mrs. Lewis Schroeder and Mrs. Oliver Lawrence spent Friday afternoon at Woodstock. Miss Laura Welter spent the weekend with Hebron relatives. Wjayne Foss of Greenwood spent the week-end with her mother, Mrs. Rillah Foss. W. H. Kelley, Lewis Schroeder and John HAgan spent Thursdya night in Elirin. MB. and Mrs. Ed Peet were Woodstock callers on Friday. Miss Dorothy Rauen is working in the home of Mrs. Jennie Spaulding. Little Betty Lou Kelley has been quite sick with the grippe. George Stevens had the misfortune to lose the top of his barn in the severe storm. Mrs. George Harrison and granddaughter, Alice ePet, spent Saturday with her daughter, Mrs. Henry Hinze, of Crystal Lake. Mrs. Arthur Oxtoby and children and Mrs. John Karls and "children of Spring Grove were Sunday afternoon callers in Ringwood. Mr. and Mrs. Clay Rager and daughter. Mae, spent Saturday evening at Woodstock. Mr. Giddings spent Sunday with Hebron relatives. Misses Helen Lawrence and Frances Young spent Saturday afternoon with Miss Agnes Thompson. John Buckland, Fft&ra Taylor, Agnes Bigelow and Mrs. James Ladd spent Saturday afternoon at Pi»takee Bay. Mr. and Mrs. Ray Peters spent Friday in Belvidere. Mr. and Mrs. Frank Hawley of Chicago spent Sunday with his parents Mr. and Mrs. E. E. Hawley. Mr. and Mrs. Karl Fay and Mr. and Mrs. George Spaulding of Chicago spent Sunday with the former's mother, Mrs. Jennie Spaulding. Harvey Hamilton spent the weekend with Richmond relatives. Mr. and Mrs. George Shepherd and children spent Sunday afternoon and evening at McHenly. Mrs. Matt Welter and children spent Sunday morning in McHenry. Lewis Bell of Spring Grove spent Sunday in Ringwood. Mr. and Mrs. Leonard Franzen and family entertained company on Sunday. Mr. and Mrs. Leonard Carlson have been spending a few days in Greenwood. Mrs. LeRoy Neal and two children, T.eRoy and Shirley, are visiting with relatives in Chicago. Mrs. Grace Ainger of Genoa City spent Tuesday morning in Ringwood. Mrs. Amos Smith and Mrs. Frank Hitchens and Mrs. George Stevens were Thursday callers at McHenry. Mr. and Mrs. Karl Matsen of Chicago spent the week-end with her parents, Mr. and Mrs. August Pearsen. n Mrs. S. W. Brown and son, Leonard, were Saturday afternoon callers at the countv-seat. JnwnK'v",fl» --rf Sunday in Waukeean. F**ancea Young spont Friday Mrs. Edward Whiting and children and Mrs. Emma Merchant spent Saturday afternoon in Elgin. Mrs. Lewis Schroeder and daughter, Jessie, Lisle Hopper and Mrs. Emma Merchant attended the class play at McHenry on Thursday evening. Mrs. Jessie Smith and daughters, Hernice, Lillian and Mercedes, spent Saturday at Woodstock. Mir. and Mrs. W. O. Sanborn of Spring Grove spent Sunday in the D. A. Abbott home. Mr. and Mrs. Charles Sooling and children of Waukegan were Sunday callers in the Abe Lawrence home. Misses Hannah and Rosina Glossen spent Friday evening with Frances Young. Mrs. Mike Freund and Julia Huff of Spring Grove spev.t Friday with Mrs. Nick Young and daughter. Abe Miller of Elgin spent Monday afternoon in Ringwood. Mrs. Jepson and family spent Saturday evening in Woodstock. Nina Lawrence, Darlyne Merchant and Lisle Franzen were among the children who were chosen to spell at McHenry Monday. Mrs. Leonard Carlson and Adele Young spent Monday in McHenry. William Beth of Chicago spent Sunday end Monday with his father W. J. Beth. James Conway of Libertyville is doing some work for the Bowman Dairy Co. Mr. and Mrs. Ed Peet and daughter, Lucile, were Monday afternoon callers in McHenry. Edward Thompson, Jr., of Chicago spent the week-end with his parents. Little Gladys Shepherd is quite ill at this writing. Ed Hogan who has been an inmate of the State Hospital in Elgin for a few months died there on Saturday night. The funeral was held on Tuesday afternoon from the M. E. church. Mr. and Msr. Jack McLaughlin and daughter. Julia, were Sunday callers at McHenry. Mr. and^Mrs. Lewis Hall are moving their furniture to Manitowoc, Wis. where they will make their future home. , Attractive silks for the princess slips. Erickson Dept. Store. Qualified for the Job Ad in London Time*--Lady 'rishes employment for a few hoars dally t» take out children and invalids; life tS> perience with animals'and poultry.-* Boston Transcript. Luncheon Sets in linen and also la x mercerized cotton, with attractive colored borders. Erickson Dept. Store Specials for Friday and Saturday Home Rendered LardL / Picnic Hams : . Bacon Strips Bacon, sliced 2^. fresh Pork Shoulders Our famous home made Pork Sausage at this sale ... . ; _X ;. 23^ Various Outs of Home Dressed Pork on Sale _2 B*. 29<* --21^ 8c THESE PRICES FOR CASH ONLY V Central Market Telephone 80-M Orders Delivered Chicken Feed / We make our own POULTRY SCRATCtf""" ANP MASH Both ffceds and prices moderate. Try a Back Today Mdlcar) flour Mill Wei' McHenry, (II. -<P» To CHICAGO From McHenry--Grays Lake Convenient, dependable service by North Shore Motor Coach North Shore Motor Coaches connect at Waukegan with fast North Shore Line trains taking you to the heart of Chicago--the "Loop" Lv. McHenry Lv. Grays Lake Arr. Waukegan n Arr. Chicago Arr. Milwaukee 7:90 am 8:10 am 852 am 10:05 am 10:35 am 10:30 am' 1110 am 11:52 am 1:05 pm 1:10 pm 8:10pm S: SO p« •:22 pm 8:05 pm 7:3* P» : • < Chicago North Shore & Milwaukee B.R.C*. WEBER & SCHIESSLB Local Areata West McHent Beautiful Chevrolet ' B Appearance Performance Price Only in cars much higher in price will you find such smartness of line, such beauty of design and such elegance of appointment as in the new Chevrolet! Compare its appearance with that of any car atanywhere near Chevrolet's low prices--and then you will know why it has everywhere been acclaimed as the Most Beautiful in Chevrolet histofy! ^ New Fisher Bodies» beautifully beaded and paneled; Fine nickeled hardware; Smart new Duco Colors; Fullcrown, one-piece fen* ders; Bullet-type head' lamps; Higher, more massive radiator; Cowl Lamps; "Fish-tail'* modeling of rear deck* on 2-passenger models* The performance of the new Chevrolet is literally amazing. Incredible snux^thness at every speed--flashing acceleration that is a delight--- effortless shifting of gears-- finger-tip steering--remarkable ease of parking. One ride at the wheel, and you •will understand why the new Chevrolet has been the _ greatest sensation of America's grcatestindustry! a Valve -in-head motor; Three-point Motor Suspension; Strong and sturdier frame; Singlo» plate disc-clutch; Lon^ sejni-elliptic spring^ " Full size 17-inch steering wheel; Balloon tires; Deeply upholstered cushions; Sem|» reversible steering < .gear; AC Air Cleaner; AC Oil Filter. Comparison of delivered prices reveals Chevrolet's value supremacy. Delive red prices are f.o. b. prices plus charges for handling financing, etc. The financing charges of General Motors Acceptance Corporation an the lowest available. Han* dling charges are in proportion. Thus, Chevrolet delivered prices are even more amazing than the f.o.b.£ricea» The Coach The Touring «»r Roadster - - The Coupe • - The 4-Door Sedan The Sport Cabriolet The Landau - - ^TonTruck - vCluuilM^ 1-Ton Truck • • (ClMMUMb) f ' l $525 62$ 69$ 715 745 39S 493 w Allpricwf. o. b. »•(. Hettermann Motor Sales Phone 191 West McHenry AT LOW COST sv.

Powered by / Alimenté par VITA Toolkit
Privacy Policy