| OCR Text |
Show Dr. W. H. Landmesser Announces That He Is No Longer Connected "With I J . The Columbian Optical Co., I but Has Become Associated With j I Schubach Optical Co. n 109 South Main Street, II Where He Will Be Pleased to Meet His Friends ! and Patrons. j Glasses or a Scowl? II a permanent scowl is certainly much more disfiguring than a pair j of glasses 1 yet some people who are suffering from eye strain put off attending ji to their eyes for fear they may have to wear glasses. Meantime tho It scowl grows deepor. II if you have any symptoms of eye strain, have your eyes examined " at once by one of our competent optometrists. If you need glasses, i j we will prescribe, make and fit the right lens to correct your trouble if you do not need glasses we will frankly tell you so. j Schubach Superior j Service Satisfies j J thousands of persons have found our service superior and our prices : lower. We not oniy save the people money ou their glasses, but we II guarantee satisfaction absolutely and stand ready to render service II ji with every pair we make. for better glasses, for quick service, for lower prices call today for an examination of your eyes. , I I NEW ISSUE $40,000,000 The Goodyear Tire & Rubber Co. SEVEN PER CENT FIRST PREFERRED STOCK PAR VALUE $100 PER SHARE Dividends Cumulative and Payable Quarterly on the first day of January, April, July and October. Callable as a whole or in part at the option of the Company at 110 and accrued dividends at any time on thirty days' notice. STOCK EXEMPT FRO.M THE GENERAL PROPERTY TAX UNDER THE LAWS OF OHIO DIVIDENDS EXEMPT FROM THE NORMAL FEDERAL INCOME TAX Transfer Agent: Registrar: Tho First Trust & Savings Company Tho Guardian Savings & Trust Company Clovoland Cleveland CAPITALIZATION Upon completion of present financing Authorized Outstanding Seven Per Cent Cumulative Preferred Stock (this issue) $100,000,000 $40,000,000 Common Stock -. 100,000,000 20,731,100 NO BONDS "Further Bhares of the authorized issuo can be put out only under carefully drawn restrictions. "The Balance Sheet as of August 31, 1919, shows a surplus of over $27,000,000, and, based on current market quotations, the Common stock has an aggregate market value of over $80,000,000. We call your attention to the letter from Mr. F. A. Seiberling, President, which is summarized as follows: BUSINESS: The Company is the largest manufacturer of tires in the world, producing at present approximately 20 per cent of the total automobile tire business of this country. It also manufactures a wide variety of mechanical aud other rubber goods. The Company owns 150 acres of real estate in Akron and vicinity and its factories have a combined floor space of about 100 acres. Over 43,000 people are employed in the manufacture and distribution of the Company's products. SALES AND EARNINGS : The Company 's business has shown steady and remarkable growth, as evidenced by the following table of sales and uet earnings: Year Ended October 31st Sales Net Earnings Sales Net Earnings 1908 $ 2,189,749.49 $ 120,935.26 1914 $ 31,056,129.31 $ 3,391,165.16 1909 4,277.067.06 651,687.49 1915 36,490,651.64 5.137,082.69 1910 9,560,144.92 1.406,104.69 1916 63,950,399.52 7,003,330.09 1911 13,262,265.63 1,291.624.66 1917 111,450,643.74 14,044,206.10 1912 25,232207.03 3,001,294.71 1918 131,247,382.45 15,388,190.74 1913 32,998,827.25 2,041,268.08 1919 165,000,000.00 20,000,000.00 "Before deduction of Federal Taxes. "Estimated. The annual dividend requirements of this issue will be $2,800,000. NET ASSETS: Upon completion of the present financing the TOTAL NET ASSETS' of the company' will be in excess of $86,000,000 and the TOTAL NET CURRENT ASSETS of the Company will be in excess of $47,000,000. Valuable patents and good will are carried on the books at 1.00. SAFEGUARDS : The Company agrees to maintain at all times net tangible assets of not less than 200 per cent and net current assets of not less than 110 per cent of the par value of the Preferred Stock outstanding. No additional shares of the authorized Preferred Stock shall be issued unless net current assets are equivalent equiva-lent to at lea.Bt 110 per cent and total net tangible assets to at least 200 per cent of the par value of the Preferred Stock outstanding plus that about to be issued. No mortgage or lien shall be placed on the real estate, plants or equipment of the Company, nor Bhall any bonds, notes, debentures, or other similar evidences of indebtedness maturing later than three years from date of issue be created or guaranteed, nor shall additional Preferred Stock having parity with or preference over this Preferred Stock be authorized or issued in excess of the authorized issue of $100,-000,000 $100,-000,000 without the consent of 75 per cent in amount of the Preferred Stock outstanding. SINKING FUND : During the year beginning November 1, 1920, and in each year thereafter, the Company will redeem two and one-half per cent of the largest amount of Preferred Stock issued, whether or not outstanding, either by purchase in the open market or by call of the stock at 110 and accrued dividend. Subject to approval of stockholders, we offer for subscription, subject to allotment, such of this stock as maynot be taken up by present stockholders, when, as and if issued and received by us, and subject to approval of counsel, at $100 AND ACCRUED DIVIDEND PER SHARE As holders of the present First and Second Preferred and Common Stock are to be given the prior right to subscribe to this issue, allotments cannot be made before November 18, 1919. It is expected that stock or temporary certificates will be delivered soon thereafter. Investment Securities SALT LAKE CITY WASATCH 4618. FOR RENT ! A few desirable Single Rooms and Suites of Rooms in the ATLAS BLOCK at Reasonable Rentals Best of elevator service. Phone Wasatch 3041. Room ,411. Ci fe I. Good Is I I ; "Good I I ' Enough"? I ! I ; j Too Often the : p" s Expression Is But a ! yIW' S Camouflage for I "Bad Enough." j; The man who leaves a job half done or completes a job in a slip-shod, half-hearted manner frequently excuses H himself with the statement that it is "good enough." The Cheat who sells you shoddy material argues with his I conscience that it is "good enough" for the money you paid. The Dentist who uses base metals in place of gold, or I grinds a tooth down until it is worthless so it will fit a I crown (instead of making the crown to fit the tooth), mav M consider his work "good enough," but it is NOT GOOD ENOUGH FOR A PATIENT OF MINK. I have had dentists apply to me for positions, whose sole j argument seemed to be thai they "knrw Imw io l:! ih. A money.'' and when asked as to their QUALIFICATIONS AS DENTISTS stated they were "good enough" for such and such an office. 1 have always made it plain to gentlemen of this ilk 1 that nothing short of the very best in dentistry is "good Ej enough" here and that the fact that there arc so many job-hunters job-hunters is the best evidence thai "good enough" service is not the kind of service that js calculate! to saisfy either the public or employers. The greatest asset in business is GOOD WILL the willingness will-ingness of people who have dealt with you to continue to deal with you and to send their friends to you. This good will can onlv be obtained by gij'in" people THE REST THAT YOU HAVE ALL THE TIME AND I EVERY TIME. 3 That is the ONLY service I consider "good enough" for my patients. Painless V, ithers Dental Co., he. GUARANTEED DENTISTRY Work completed in one day when practical and necessary. Phone Wasatch 5354 for special appointment. 122 Main HOURS 8:30 a. m. to 7 p.m. Street. : Sundays, 9 to L j Our big shipment of Dutch Bulbs reached here yesterday. S The most select assortment of Tulips, Hyacinths, Jonquils, N I Crocuses and Daffodils that ever reached the city. I Don't think it is too late, as these bulbs can be planted suc- 1 cessfully any time before February 1st. It isn't necessary M to work the ground; put them in with a dibble. I MAKE YOUR SELECTION AT ONCE SALE BEGINS TOMORROW I I PORTER-WALTON CO. I j City Store: 251 So. State. 522 So. 3rd West. Doctors I Use Adler-i-ka! ! "I use Adler-i-ka in ALL bowel! cases with great success. Some cases require only ONE DOSE." (Signed) Dr. W. A. Line, Westbaden, Ind. j Adler-i-ka flushes BOTH upper and ; lower bowel so completely it relieves ANY CASE gas on the stomach or sour stomach. Removes foul matter which poisoned stomach for months. Often CUBES constipation. Prevents appendicitis. appen-dicitis. Adler-i-ka is a mixture of buckthorn, cascara, glycerine and nine other simple ingredients. Schramm-Johnson. Schramm-Johnson. (Sold by leading druggists everywhere.) (Advertisement) syn a np Send for free book KT fl fi-T glvlne full particu- I B I a J3b preparation. World famous. Over 30 years' success. Testimonials from all parta of the world. Over 1000 in one year. Write at once to TRENCH'S REMEDIES, LIMITED 1085 St. Jamo' Chambers, 79 Adelaide i St. E.. Toronto, Canada. |
