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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Oct 13, 1916
Page
22
A description of the news service delivered to Jones & Baker offices via private wires. The Information Department compiles statistics and editorials to publish unbiased updates for investors. A weekly two page historical and analytical report on a notable security is also issued.
The White Motor Company in 1915 reportedly made about 1070 dollars profit per truck and earned 543-10 percent on capital. Total profits for the year are estimated over 10 million dollars.
The announcement of the Popular Priced truck by Mr. Mack has swamped the office with letters from around the world. The company, run by successful businessmen, operates under modern methods and plans to issue common stock of 1 million dollars with expected strong dividends. Early investors could gain regular dividends as demand exceeds supply this year.
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