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Show MMtkat Mot wcaraeip Jf's tfce Wake-Up Food lCU -MliP "7"OU need an energy food these summer mornings, 1 fJ A but yon want it light and easily digestible. Try a I heaping bowlful of the Wake-np Food, Post Toosties. I Here's a delicious breakfast that's as light as toasted t mm k flakes can moke it, and fall of energy to fight off that fic4-!lK. f lazy, hot weather feeling. Energy that Is quickly re t. jT leased to the body, it's so easy to digest. , ' And how those crunchy flakes Cempt the appetite! IaUc l0ll Delicate flakes from the tender hearts of selected s - white corn, toasted golden crisp and seasoned to "iij rWp$h flayory goodness! Every member of the family votes I Q for this quick-energy breakfast the Wake-up Food, S5g.?"- fl TostToasties. '.. plf if?S . And don't forget there's just one way to get the MkMM Wake-np Food. Aafe your grocer for Post Toastics &009SW ' C In thq red and yellow, wax-wrapped package. Z$P$$$&$fiiy ' POSTUM COMPANY. INC., BATTLJK CHEEK., BICH. O 1929, P. Gx IoC. "Into the Trado" Many titled English women hnve "gone Into trade." One of thein Is a barber, although she styles herself "colffeurer." No Place Like Home -. She I wonder why they put corn-menl corn-menl on the dance floor. He Oh, that's to make the chickens chick-ens feel at home. . . No Sale Her, i. ,-.-., Office Boy There's a salesman out side with a mustache. ' ' Boss Tell him Ive got a mustach. Judge, . , ; ' . ' ' ' " ' . " " 1 New Issue ' ' ' ' 5 .. '..- ' 1 (. . t v ;". $4,250,000 . ' '' . ;:. Western Newspaper Union -' V ' (A Delaware Cofyoratidn) , . : ''Fifteen'Yehr 6 ;ConertihleGoldDehentttres ; ' ' ' ; t .Mi . :. I-", t . . . ! Dated August 1, 1929 Due August 1, 1944 ' . . . : .tJ 1. I Interest payable February 1 nd Aufruijt 1 without deduction fof normal Federal Income tax not exceeding 2. The Con. pany will aitrce to refund to holders, upon proiier application, any' Slate income Iax not exceeding Sro per 'annum, and - ' in MavaciiucUs pot exceeding 69a per cuinum, and personal property and security taxes in certain Stales provided pro-vided in the Trust Indenture. Redtemnhle at any time' as a whole or in part on 60 days' published not ic !a , WS and accrued interest. Coupon Debentures in interchangeable denominations of $1,000 and $J0Q icgisterable os to-principal' only. Central Hanover Bank and Trust Company. Trustee. . i .. . ' Debenture! will bt convertible,- t th-"option .61 the 'IibiJer, at "any tltn prior to maturity, or up to fivt day . prioc to earlier redemption, into Common Stock at the rat of 40 fharca for each 1,000 principal amount. '': i t ., ' ( . .. i H. H. Fish, Esq., President of the Company, supimarjzes from his Utter to us as follows: , BUSINESS . -, . '' ( . , 'i .' ... ' f' Western Newspaper Union,, successor to company of tne same name and a business founded . in-1865, serves more dian ,10,000 daily and weekly country newspapers, maintaining fully' equipped .plants in 36 key cities of the United States ''from1, California to Massachusetts. " ' I . The Company supplies' thes'e" newspapers witti ready printed inside: pages or with columns of prepared plate, containing various feature stories, senate and special articles selected by the '' newspaper publishers; pjaces.. national a4v.ertisipg in .their-papers and. prepares cuts and copy , for local advertising campaigns. f . i '. ' . ',. ' f- The Company, also docs ra large -volume of cbmrnerdai printing, prints inf their entirety , .'. . various magazines and trade journals aiid 'is responsible' for the mechanical production "of many of the" feature- services, of-The 'Associated1 Press. ' : ;FrM'ANCrA-L " ' ' During the ,past. 20- years ncf profits oY'WesterA Newspaper Union, after all charges ihclud T , ' ' ing' depredation, but before Federal taxes, averaged- more-.than. $680,000 annuaUy, and' in no single year were -sudi ,qef .profits.. less, than, $4 Q.0,Q0.r i , ,.... . " Netprbfits afftcr depredatioqbut befpre Eeeral. taxe. fpr. the past 4 years, as certified by . . , w Messrs. .Arthuur .qderscn Co., after ;elimina"ti'ng operations of the paper mill, which is being sold coinddcnt'xvIth'thfs'finandhg.Ka" after :"'6thrir' 'idjustmdfits arising from the"' '' ''" ' : reorganisation as'stated-in. their j;crtificate,.wCrei as-follows : ', ; ' ' ' " '"i9i5 . . . : . -J: . . . . '4 1; . . ;,4i,$3? -. ' '.: . , , . , "., ... 1927. ,t371,Z49 ' 1 ' " '" " ' , rJ923.-.,v...i.:l'.U.,Jt-...,'.'..ii.'; t '.- :.' ' ';' Such net profits as abov 'have arveAYd about STJSS-1 aimually,: and for ;tlie:Vcat'1 ended ' ,v " '''rlDeCcmbcr jl,'f1028, amountedto 3765.S25, eqmvalpnt.i.to more than 3 tim.S"the annuaL - i V t ..Dcbenrutc ifttttest: rcveqicnt,. . 4.;t ftK ..t,..,. , ...... lti ir'. After deducting .'rom'. sjicj) net .profit in 192S Debenture interest ( requirements, Federal Taes .(parent 9pmpah'y)' at'12to ancI'Prefered Stock cfivjdchds, 'the balance amounted to''1 ' pver$352,000,-or about $2'.S5 per share on' the' 150OOtD' shares of Common Stock to be ' -pVesintl'oubtandingv ,f ;. ,-., i- . :,y. -t .. v , . . v.. f nC;t,ssc'ts of the Company, available Jox,. these Debentures, based on the-balance sheet, j v , M at April r30, -1929, adjusted to gi,vc effect to,tlie present finandng, indudi.ng the. sale of . the .paper, mill,., were in excess or"$S,)db,000. ' .' ' ' Vs ' ''mV.n'agement ' "; . Since the-death in 1916 of the former owner, George A. Joslyn, his widow and other heirs .- have owned the majority of the Common Stock of Western Newspaper Union, control of , . which .is now being acquired by the executives who have been responsible for its successful . operation during the past 13 years. . . . All U'.al details Tvill he faa'.i upon li) Mrurx. Tfnnrv. UarAinf, Shcr insn & Rosea oj Chicago and by Jtiirj. Whit & Cine o) JVcw York. F.A.Willard&Co. Ames,Emeric1i&Co.,Inc. New York Philadelphia Chicago New York We have accepted. as accurate the information and statements contained in the above mentioned letter and summary, but no errors, ouiuviious or misstatements in said letter u.- summary shall give t'uM to any rijjiit or claim against us. July, 1929. 1 |