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Letter to Editor
October 7, 1912
The Detroit Times
Detroit, Wayne County, Michigan
What is this article about?
A reader inquires about investing in Scheiwe Coal and Storage Co.'s $40,000 seven percent preferred stock offering. The advisor notes potential changes to the proposition and advises waiting for finalized terms before analysis.
Clipping
OCR Quality
95%
Excellent
Full Text
ADVICE TO INVESTORS
By Finance
Q: I should like some advice regarding the Scheiwe Coal and Storage Co., which offered $40,000 of seven per cent preferred stock some time ago. READER.
A: If the Scheiwe Coal & Storage Co. has a good basis for the issue of stock, but inasmuch as some changes are contemplated in the proposition, according to my information, it is impossible to give any judgment on the stock until its terms are determined upon. When the offering is definitely outlined, I shall be glad to analyze it.
By Finance
Q: I should like some advice regarding the Scheiwe Coal and Storage Co., which offered $40,000 of seven per cent preferred stock some time ago. READER.
A: If the Scheiwe Coal & Storage Co. has a good basis for the issue of stock, but inasmuch as some changes are contemplated in the proposition, according to my information, it is impossible to give any judgment on the stock until its terms are determined upon. When the offering is definitely outlined, I shall be glad to analyze it.
What sub-type of article is it?
Informative
What themes does it cover?
Commerce Trade
What keywords are associated?
Investment Advice
Scheiwe Coal
Preferred Stock
Coal Storage Company
What entities or persons were involved?
Reader.
Letter to Editor Details
Author
Reader.
Main Argument
it is impossible to judge the scheiwe coal & storage co. stock until its terms are finalized due to contemplated changes; analysis will be provided once outlined.
Notable Details
$40,000 Of Seven Per Cent Preferred Stock
Changes Contemplated In The Proposition