Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1920-07-07
From $1O,OOO,OOO to
$169,OOO,OOO in ten years
An Astounding Page From
"The One Great Business Romance

Over fifty per cent Of all passenger leave the
factory'on Goodyears Over sixty per cent of all
cord equipped Goodyear Cords. Over eighty
per cent all the automobiles be exported during
1920 will be Goodyears Over seventy per cent. of
the trucks going out pneumatics equipped
with Goodyear Pneumatic Truck Tires Over thirty-ve
per cent of the solid tired trucks and traers
Goodyear solids. Over fortyfve per cent of all
motorcycles areS Goodyears. Over sixty per cent
of all fubber tired carriages Goodyear
riage rubber Over eighty per cent of all airplanes
equipped with Goodyear tires and accessories Over
seventy per cent of all the other leather soed
shoes are soled with Neon. Over seventy-ve per
of all new shoes equipped with rubber heels during 1920
will carry Goodyear Wingfoot Heels.
For the first time since 1908 The Goodyear Tire and
Rubber Company are permitting others than their regu
lar stockholders to participate in stock offering.
They have authorized US to offer the unsold portion of
recent ISSUE in blocks of three shares-2 shares pre-
ferred, common-for $780, This is direct offer by
the company, cleared through us as Bankers You may
give your order to any Goodyear Dealer
The semannua statement just out shows that the net
earnings Of the Company for the first months of the
fiscal year have been $1 OOO 0O0oO exclusive of
other accumuations received from their subsidiaries
ceedng $4,000, ,O00.00 making total of over S14OOO-
10000 surplus earnings in the first months of this
year. as against 90 for the period Of the
preceding year.
exceeded the business of the preceding year for the
same period by 1913 per cent. With profits accrung as
rapidly as this and business developing in the manner
shown, 1t is apparent that this stock has a
feature Of safety which very few industrial shares pos
sess Ihe preferred stock yields TO per annum and the
Directors state that they desire to pay nothing less than
1870 on the On this basis two shares of pre-
ferred stock and share of common would give net
yield of Sc.
inasmuch as Goodyear profits are developing rapid
y as they it is not at all unlikely that before two
year period up they will have accumulated as much
or more surplus than they had before this issue and its
past record indicates that the common stock could 20
to $500 in year. purchaser at this time could then
sell his common and thus reduce the cost of his pre-
ferred to stand him $50 share paying seven DER cent
on 500 par value, and would give him first preferred
stock yielding fourteen per cent on his investment.
With security of this description very little need be
said about its marketabity. Due to the relatively
small number of shares which have heretofore been on
the market most OF the trading this stock has taken
place in Cleveland and Cincinnati However under the
new plan, there is why this stock should not
become great deal more active in other markets In
any event we have never known of any case where it
mas Deen dl1hcult to dispose of market Goodyear
stocks. The possibilities for the future seen, almost
unlimited l 0s'
The safety and yield Of this stock make classify under