Show MAXWELL SUG i TALK OF I MOTOR WORLD Such Is Declaration of Financial Paper of Boston 1 The last Issue of the Bosto Bureau recognized as the gre grea financial publication in America this to say concerning the Ma Mas company The inauguration of dividends dividend Tat a arate rate of 10 per cent per annum o 0 i 1 l well Motor common may awak n r. r financial public to a t i pace at which Maxwell Is now co con 1 forward Maxwell antedated Ford lri I I output in the popular priced field there are probably more Maxw Maxwell u ll gines of early date date- on th i h ways than of any other mak make f there came a time when Maxw well Max ll to rebuild financially from th f dation How efficient was the reb rein reining ing lag is Indicated by the of the present 10 per cent d vi rate To find out what is under it l tory organization and manag manage the writer took a little time r rece to get down to troit He lie found Maxwell Mo l r being run out of the factory itt t ta a pace that an enormous circus s shad s' s sh h had d to be provided for their c cove ve between factory and freight carlt c ci cimore more buildings now under wa wabe wac c be finished m The record hung up the da e ewas ewas was cars and the previous da also over for output a pre pre capacity and output at the rat rati cars per annum put out the past twelve months months' the previous year The progress of Maxwell has har town talk in Detroit Its success is due First to the one model pol policy cy cr Second a good name never cha ha and always alwa's mechanically maint maintain tn Third a sound financial poll policy y Fourth good generalship m man nii ing itself in every detail tory and shop efficiency to a an and selling organization ering the entire country country- When Walter alter E. E Flanders was wasIng wasIng as asing Ing heavy machine tools m mad d Continued on page 8 MAXWELL SUCCESS Continued from page e 4 4 Rhode Island and getting in touch with everything in manufacturing or organization organization organization or- or from chemist to salesman he lie little dreamed of his future future- The Tho industry where he was to make his mark had not been born But unconsciously un unconsciously unconsciously un- un consciously he learned who was who and what was what and how to put them the together In the Ford factory his ability in organization and in economical mechanics mechanics mechanics me me- had full play Today it has fuller play in the Maxwell works where armies armieR of wheels and trains of bodies move over and under each other other other oth oth- er and pass off the platform in completed completed completed com com- cars for final inspection In less than three hours they pass through paint wells under heat and hammer hammerand and through many human hands and many almost human machines without human ands But it is the steady march match of Maxwell Maxwell Maxwell Max Max- well cars ears over the country from factory factory factory fac fac- tory to individual operator that has put clean cash in the Maxwell Maxwell Maxwell Max Max- well bank account with no debts The outlook the orders ahead ahe-ad and the manufacturing manufacturing manufacturing man man- selling and distribution or organizations organizations organizations or- or have placed Maxwell on its present dividend basis Yet this tills 10 per cent on present output output output out out- put does not represent as much as 12 I per car or 20 per cent of the selling price Like Bethlehem Steel the common stock about is in relation to the gross business relatively relatively relatively rel rel- rel- rel small Ahead of the common stock Is about of 7 per cent first preferred stock and about 10 of 6 per cent nt second preferred The company has no debts funded or I floating The The- dividend charges ahead I of the common shares including sink- sink I |