Hammond Times, Volume 14, Number 146, Hammond, Lake County, 8 December 1919 — Page 12
Pagp Twelve.
THE TOIl December t. 1D1H
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I . Edward C. Miiias Co. I : fil , y I QpB1 Eaicli Day I From I 12 Noon Until F. M. li v : 1 Saturday- I I 1 B Noon Until 9 P. M. f t ; I ' Read" Our Times' Ad I 'Tl 1 SrH IT" lF(P!"&!TIf &
510,000 Shares Montgomery Ward & Co: Incorporated (Illinois Corporation) Common Stock (Having no Par Value) Dividends Exempt from Federal Normal Income Tax. Exempt from Personal Property Tax When Held by Residents of Illinois.
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Twin City News Notes
Vm
Stock Tkis Smoks
Real registered thoroughbred stock. Imported direct from Cuba to Indiana by Fendrich, who puts the Indian in Indiana when it comes to good Smokes. lie 's been at it sixty-nine vears. Xo -wonder tlie LA FENDRICH is sucli a favorite. It's certainly today and everyday That Vond!erful Havana Cigar With That Yum Yum Taste Best dealers sell it It's some accessory
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FEMDRICe
FENDRICH, Maker
EVANSVILLE, INDIANA
Tie Mon'a Oiub of the M'-tiiodist Kpi--opal church ot' Kast 'hicago have araur.od wi'.h W. Earl rittl-'grr for ,-n
I !('.. at i'.f churol) en nt Thursday evening, tic. 11. It Is to begin :t V00 and is fjr ovprybody. Mr. Ttttingor i." a fr'"Ti ypcaker and will dc- ; V$it hi audience in '.Sold i ring In th ! S. . S." 11" was a Y. M. C. A. so.-- . rvtary iurinjf f war. havinsr spent I uia-ny mirths in Kran. Hp was soon !;no n n "live wirr." M lviu ;i' Ivui.'ii sv liuit tii' " ! n iii.'ii t U'cd hitn ! ;;!ii.i.t. icy day f"r t i ti:onthn as a j 'force for he boNlns; matrhes- 'n ti:" J .Mi.iy. Th.H i- t o;.f..:-t ru-. ( fy" to hear ' ;i ".In : 1 1 r: i " tm-r-ii;" f'---m th fiMrtt. ! Mr. 1'Ut nicrr al.-o i'.v nitich t.f th : .. ):! and. ii'-ii-K ni.le to sjtcak ' t'l" Xt-f : 'i .liftict f ;:e?i ! y, b-i. a mo.t , HinusiiiK report To give of th negro :n . ;-,' war. f 1 A rr i-i rsr n Lat i n-.:r ; r-f clib woj men of the Kast Cliii'ac" Vinjan,! club , M'cr pic?.-nt to a delightful noon day jf'tnelien and iftern"on diversion afforit j "d them at the homo of Mrs. J. A. I'uUer.on in Killmorf avtnnp, Gary. Sat jurdiy and where the ;epnt was clcci irieally prepared by trained demonstrators of a Gary firm, in th- preparations j of edibles showing the vtrtnes of the i '.ew firele cookers which baa the at- ! ta'.hment to the gas range", and ac- ! eornnanyinp d"licaele! were waffle!" ! w Inch were turned from e-iectric Irons
i;i Bi-cit rapidity and nlspy much the dellgrht of the assembled gruest
v.-In. had ;uiL a variety to appease the taste of the most fa-sidu.ua tn cuitaary perfection. M.rs. Patterson' home prescntfd a goy aspect In the decorations sup irit1ve of the coming Yule-tide. Aside from the quests of this city were Mrs. O. C. TVic-k. president of the Gary Woman's Club; Mrs. Carcll!. president of the 'Gary Civic Service league: Urn. .ucii.t Johnston of Cro-s-n Poinc and
i o
R
evtvai Meetings
"Hello 1 Jones?' This is Smith talking. Say, have you been to the revival meetings at the Baptist church yet? No? Well. Jones, you're missing something really good. Why, man, I've had more hearty laughs there than I've had in weeks, and maybe too, I've had a ,few more serious thoughts who knows. The VonBruch party surely has the trick for making folks like them. "They held three services yesterday. I wish you could have been there in the evening, Jones. I guess there was over 600 there and my, it was wonderful the best of them all. We had orchestra music, cornet solos, splendid singing, and special music was given by the two converts from the Rescue Mission in Chicago. "There are to be services every evening this week, excepting tonight, and three services again next Sunday, which will close the campaign. Better meet me there tomorrow night, Jones. I'll be looking for yeu. You will? Good for you. So long."
i lyMi L-4l Lk!yi fir 1M3
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Happy Women
are those who have the conveniences of life that make life worth the living. One of the most popular conveniences is the u APEX Electric Washer and the woman who has one is full of gratitude for such an achievement as the Apex. We would like to take the time to tell you the points of superiority about the Apex. Come in and let us give you the facts. A little payment now will place the Apex in your home. APEX HOME APPLIANCE CO.
702 Hohmta St., Eanmoil Pbona 3350. 113 X. Seventh At., Gary. Pboa 1721.
1 ,000,000 shares Common Stock authorized. Of this amount 150,000 shares are reserved for employees of the Company; 340,000 shares are held by new interests in the Company; and 510,000 shares are already applied for or are to be sold to the public.
Transfer Agents Continental and Commercial Trust and Savings Bank Chicago Bankers Trust Company, New York City
Registrars First Trust and Savings Bank Chicago First National Bank of the City of New York
Listed on the Chicago Stock Exchange Application will be made to list on New York Stock Exchange BUSINESS. Montgomery Ward & Company was established in 1872 as the first catalogue and mail order house in the United States. It was incorporated in Illinois in 1889 and reincorporated in New York in 1913. Because of the passage of the new Illinois Corporation Law. the Company has been reincorporated in Illinois, thus making all of its stock exempt from personal property taxes when held by residents of Illinois. SALES TERRITORY. Since the organization of the company its volume of business and sales territory have constantly increased until now orders are received from every state and outside territory of the United States, as well as foreign countries, the sales to date for 1919 being approximately $90,000,000.
Salient Features
From the letter of Mr. Robert J. Thorne, President of the Company, and the report of Messrs. Arthur Young & Co., Certified Public Accountants, we summarize as follows:
98
OF THE COMPANY'S ORDERS are accompanied by cash in ad
vance.
MERCHANDISE IS BOUGHT directly from manufacturers and sold by mail directly to consumers, largely eliminating all intermediate profits. The company itself operates factories and is interested in many others. IN VIEW OF THE FACT that company has been in business nearly 50 years and that billions of dollars bare been expended in advertising and distributing catalogues, and that hundreds of thousands of customers hare dealt with it continuously, it is clear that the Good Will, catalogues and lists are of immense value. It is believed that the Good Will is equal to entire net assets of company although neither these nor other intangible values are carried on its books as assets. SALES FOR 1918 were over $76,000,000, an increase of over 100 in the past six years: and the estimated sales for 1919 show an increase of almost .150 during that period. NET PROFITS have shown an increase from $1,653,481 in 1913 to $6,390,181, before taxes, in 1918. THE ASSOCIATION with men who have recently become large holders of this new stock will greatly benefit the company in broadening its merchandising field, and the company, continuing under the same management will be greatly strengthened. THE COMPANY has specific plans for large developments, which will balance its facilities for new warehouses and distribution covering the entire United States in the most economical and efficient manner. THIS FINANCING of the company is ample to carry out these projects and to maintain a generous cash reserve, the balance sheets showing cash on hand $29,701,495.16; Liberty Bonds, $1,609,443.25. The legality of this issue has been approved by Messrs. Winston, Strawn & Shaw of Chicago; Messrs. White & Case ot New York City, and Mr. Henry L. Moses of New York City.
For subscription, subject to allotment, we offer this stock At $45.00 Per Share When, as and if issued and received by uj.
John Burnham & Co. 41 Sr La Salle Street, Chicago
H. P. Goldschmidt & Co. 37 Wail Street, New York
The statements in this advertisement, while not guaranteed, are based upon information and advice which we believe to b accurate and reliable.
formerly of East Chicago and othexs who departed from Uio hpme town and
Mv(ni oliomtKr. werft Mrs. Edward
Jacob, now of Gary, nd Mrs. Gwylm Jones, of Valparaiso. The. Mission Auxiliary board allied with the Church of St. Alban. (Episcopal) announces a meeting to be held tomorrow afternoon at the Parish House with a very urgent appeal that a11 members and their friends be present and bring contributions of clothing; to be packed and forwarded to the Mis sion Home at Carolina. The request specifically mentions clothing for women, children and babes and to worthy a project should meet with hearty response upon the rart of all this "notice comes to. The meeting of tomorrow opens at !:30 and hereafter one meeting a month will be held and business pertaining to the organization's needs will bo transacted. The importance of this meeting is the collection of all usable raiment for the purpos set out. The. East Chicago Pythian Sister will meet tonight instead of tomorrow evening as has been their custom for years and in the future all meetings will be
The department of literature of the East Chicago 'Woman's Club will meet to take the 3 o'clock car to Indiana Har bor where Mrs. George H. Summers, of SSIO Drummond street will be the host(s leader for the afternoon in the study of "Aurora Leigh." - The study Is most interesting and should be creative of a large attendance of members. Tonight the directors of the East Chicago "Woman's Club will mret at the Red Cross rooms for the purpose of transacting business at 7:43 o'clock sharp . A general meeting will be held prior to the literary meeting at the George H. Summers home tomorrow by officers and members of the East Chicago Wo-
rnan-s Club and the importance or sub
mitting names is one of the Issues
be considered. Prompt attendance
the part of members i quite necespary owing to the otudy which will follow. Mr. and Mrs. L. D. Brer nan, who have been residents in East Chicago for the past nine years are leaving short ly to make their future home at Maywood, 111., . western suburb of Chi
cago. .Mr. Krennan. who Has directed
ri3 sary
conducted regularly the second and the tn, industrial training at the high fourth Monday evenings of the montii . scnoo n.re naa resigned to take a
similar position with the Proviso school ot that place and which assignment he takes over the early part of the coming year. The Erennans came to this city from "Whiting, Ind., where Mr. Brennan held a similar position but of two years duration. Their departure from this city will be regretted by many. Both have been actively engaged in social and civic work. Their home at 4118 Magoun avenue Is to be disposed of by sale. A delightful evening was afforded the members and friends of the Good-f.-llowship Club allied with St. Alban's Episcopal church at their Informal dancing party held in the Parish Hail on Saturday evening. The music was a delight to the dancers and furnished by Jack Johnstone and his orchestra of fur pieces. Promram souveniers con-sis-ted of two-toned cards of dainty des!gn Mr. John Colder presided at the door. So eminently successful was this affair that committees havs under advisement the giving of a cotillion near the date of L'ec. 2th. although the exact evening has not been decided upon, but will be announced following a meeting of the members to be held this coming Friday evening at the Pal
ish House and to which all membu?. and directors are urged to be present. The organization is yet quite new with enthusiasm fast growing and with many social activities in view for tho near future. In advance to the bazaar to be h id by the. Ladies Social Union of the Firs; M. E. church of East Chicago, date :' Dec. 12th. a parcel post sale will l.fconducted tomorrow evening at th'. home of Mrs. George Ohlmstead. Beacon street and to which all friend.of the church members are Invited to contribute. All articles will be greatly appreciated. Mr. and Mrs. H. IC. Groves of Nortlicote avenge were in Chicago yesterday spending the day with Mr. Groves" mother, Mrs. J. TV. Groves, whose healtU has been impaired of late. Mrs. Clara Kessler of Michigan and Commonwealth avenue will be a hostess to the members of the Thursday evening Five Hundred club on the evening ot Dec. 11th. Frank Matheny of 140th street. a pupil at the Washington school a homt-. with a severe case of tonsllitls.
Are you xetdine The Trt f
