New Britain Herald Newspaper, February 9, 1927, Page 10

10 FORD HIMSELF 13 NOT §0 VALUABLE His Genius Once Was Estimated to Be Worth 25 Million Washington, Feb, 9 (UP)—Henry Ford's personality and genius was a $25,800,000 asset to his company in 1913, Paul Clay, expert on secu- rities valuations and investments, cstimated today. In an exclusive interview with the United Press, Clay, who is vice- president of Moody’s Investment vice, said Ford's value had mate- decreased in recent years. ord’s depreciation as an intan- gible asset is due to his spreadi out in other lines instead of con- centrating on autcmobile work, Moody believes. Prosperity, t0o, has injured the Ford compar d of helping it, according to economist, He d out th: people could now fford to purchase more automobil -and with physical property aconomists call tangibles. “It is all wrong to think that low- priced car competition is what a: the Ford company last year. eal cause is that the comp. zone into too many things," >ontinued. “You can apply genius of man- 1gement to one business, but when ~ns management goes Into railways steel plants, glass factorles, mines, ement plants, paper mills a ers, the operation genius in the mix up. “Absolute proof is not available but I believe the company would t better off it Ford had stuck tb ) own husiness Joubtless these propertles ar , but certa they will n carn the return that a same estment in good old Ford mod would bring in.” Annual Output Clay said he believed Ford now 2,000,000 cars and trucks He placed the profit on ch car and truck at about $80, ing the Ford company an annuazl earning of about $120,000,000. Now supposing Ford owns about 60 per cent of the val epresented by his company and has accumulat- ed some outside investments, his indicated wealth could be some- where around $600,000,000,” Clay said. When asked about Norval Haw- kins' estimate that Ford was worth from $1,508,000,000 to $2,000,000,000 Clay said his own estimate was very conservative but that it must be taken into consideration that Haw- kins is a promoter and was former- les manager for Ford. ord need not worry ahout last | vear's decline in sales” Clay con- tinued. “It was not low priced car competition but r'7”\ °r that every medium car cut fato sale of T “But it is th other companies and not Ford who need to o the worrylng., Ford is nius and you can be sure he can come back. No Competition. “No one can ever compete with his low cost of production and has plenty of profit margin to m: any such changes as neaded to n the public taste and requ Clay, who was a witness in government’s $36,000,000 tax a: ment case against Seaa Couzens, republican, an, nd others who sold Ford the minority stock in his company for $107,000,- 000 in 1919, has just completed a.| thorough study of the Ford com since it was organized in 1903, C spent 15 months going over th tory and records of the compa Clay, who has already testified in the tax case, attended the se today to hear the cross of Ralph E. Badger, counsel of Providence, R. I, placed the value of Ford stock at $12,500 a share as of March 1, 1912 ( estimated the value at $10,- a share as of that date NOTED INVENTOR DIES Claremont, N. H. Feb. 9 (UP)— Albert Ball, inventor, was dead at his home here t in his 92rd development of the South 4 an gold flelds nearly half a cen tury ago. Hygienic Habits Being greatly changed— New way discards like tissue Kotex disc Th lightest gow slightest about for h. doubt. And it ing all fear at Box of 12 costs Be sure you gy Kotex itself is “I No laundiy—ad. NEW BRITAIN DAILY HERALD, WEDNESDAY, FEBRUARY 9, 1927. THE FLINT-BRUCE COMPANY’S MI-ANNUAL CLEARA Continues With Pre-Eminent Values The Sleeping Room has developed Into a personal llv- < room, whera one may read and With this idea in mind, we clected sleeping room furnishe with more than ordinary char- Massive, Finely Built 9-Piece Suite Even after days of steady selling you will find an amazing range of furniture to choose from. You will find most attractive designs—the work of leading designers— master workmanship. Best of all the out- standing values of Connecticut are here. Note these typical markdowns. Then see the furniture. Only by personal inspec- tion of these fine goods—products of famed factories—can you realize what this clearance means. Mahogany and Gum, with ripple Maple overlay, $400. This month, $285. Dining Suites for fine homes up to $1,000. Others for those who wish to invest only a small amount, as low as $137.50, but they are all FLINT-BRUCE QUALITY and the best that can possibly be produced for the price. What the Building and Loan System Is to Home-Buying—the Budget Credit System Is to Home-Furnishing It enables one to own, use and enjoy the furni- ture desired without having to pay for it all at once. Like the Building and Loan System, it is a safe, simple hona fide way of financing a necessary pur- Gateleg Extension Tables and small Buffets for chase. Hundreds of Mirrors : Reduced Colonials, mahogany and maple. Many Buffet Mirrors, prices now ranging from $3.75 to $75.00. 3-Piece Suite—Allover Mohair reverse in damask. An illustration of what it means to you when y toge We are offering this 3-plece Sulte for $225. Look it You will find here—thoroughly well made and reliable suites in sunfast cut velour, 3 pleces as low as $145.00. All Flint-Bruce quality. One large section has been added to our line of Upholstered Furnliture, and weo have never before offéred such varlety and values, All Crawford Enameled Ranges Sharply Reduced As much as $44.00 on a Single Range. $10.00 de- livers any Enamel Range, one year fe pay the bal- ance and in addition to the Cut Price a 10% dis- count. Any Black Range delivered for $3.00, a year to pay the balance and in addition a 10% discount. Why wait un- til Fall with Terms like these—never before of- fered by any Crawford RUGS including the ess Velvet and Mas: 0, sale price ki F LINT-BRUCE CO. Selling Good Home Furnishings for 36 Years at 103 ASYLUM STREET HARTFORD apartment use. Clever little Breakfast Suites. One of the most desirable, reduced from $34.00 to $2 CURTAINS 100 pair ruffle curtains, reg- ular $1.75, sale $1.25. 85 pair ruffle curtains, regu- lar $2 sale $1.75. 150 pair plain hem, trimmed, regular $3.50 to $4.50, sale $2.45 to $3.50. 60 pairs transfilet, regular $4, sale $3.50. 75 pair Colonial nets and ray- on, regular 35 to $15.00, 3 z'all kinds, Elsie De Wolf Davenport from our custom-made department, Frame of solid mahogany, filling all curled hair, covering sunfast fabric. Reduced from $195 to $149. All Smokers Reduced 25% or More Wood and metal, sticks and humidors, plain and decorated. DELIVERY BY OUR TRUCKS WITHIN 50 MILES FREIGHT PAID TO ANY STATION IN NEW ENGLAND 9. (D . fringed, sale A plan of this sort is what thousands of self- respecting people have long needed. Hundreds of LAMPS Floor, Bridge and Table, some of them not in stock over 30 days, but this is the season when we dispose of ‘them. We are told by the manufac- turers that few stores sell as many lamps as we do. The regular prices are moderate, but at Sale Prices you can lace half afford to anticipate your wants. 3 Pieces Reduced from $98.00 to £65.75 For Living Room or Sun Parlor. A big display of Wicker Furni- ture. Complete room furnishings. Suites, Tables and Ferneries. Entirely new finishes and coverings. See the waterproof and sun- proof glazed chintz. Most practical and very decorative. 3-piece suites now with upholstered seats and backs, reduced as low as $47.50. Fine hand-made big Reed Rockers are $9.75. LINOLEUM Best Makes, Including Armstrong, Nairns and Stains. Grades of linlaid, regular $1.75. Sale Grades of inlaid, regular . Sale Grades of inlaid, regular . Sale Laid Free. PRINTED LINOLEUM Grades of tile pattern, regular 75c. Sale ....oeveviirinnnn. 49¢. Grades of tile pattern, regular $1.25. Sale THIS EARLY AMERICAN CARD OR CONSOLE TABLE; we have never seen & more beautifully made or tinished plece of this type. Solid mahogany inlald. Has never been offered at less than $65.00. Sale price $45.00. Few stores have given 50 much attention to 4-posters. You will find them here in Maple, Walnut and Mahogany—high and low posts, with rail or panel foot, plain and carved. The Bed pictured has proved the most popular of all our better grade styles. All Solld Mahogany, hand carved posts, rails and pine- apple tops—correct bolt construc- tion, reduced from $90.00 to $65.75, DRAPERIES 1000 yards, all kinds Drap- ery fabrics including rayon, sunfast, madras and silks, half price. Cretonneg, regular 39c., sale 18c. Cretonnes, regular 75c. to 95¢., sale 45¢. Imported Lace Net, regular $1.50, sale 75c. 100 pillow tops, half price. CEDAR CHESTS Lane’s and Cavalier makes, in red cedar and walnut. Were $12.50, now .....$9.50 Were $18.00, now ....$12.50 Were $25.00, now ....$19.50 Were $65.00, now .., ..$52.50 Graceline, Walnut finished, full. Bed, reduced from $23.50 to Others as low as $7.50. Gen- uine Simmons Beds, 40 patterns, re- duced. All Mattresses and Box Springs re. duced. Mattresses and Box Springs, some shopworn, at extremely low prices. Burton-Dixie Innerspring Mattress was specially priced last season at §$35.00. Stock on hand only . Burton-Dixfe $42.00 Tuftless Floss Mattress, reduced to $85. Tho same in cotton felt, reduced from $20.70 to $24.75. Imperial Edge cotton felt mattress in heavy woven , reduced from $25.50 to $19.75. 1 50 cqtton mattresses for $14.00, $12.00 cotton mattresses for $7.50, FIBRE-END DAY BED In cretonne reduced from $40.00 to $32.00. (In stock also with exten- sion), Beds now as low as $18.78 and Simmons, too. New patterns in both wood and metal—coverings to harmonize with your furnishings. Jonr HOME Should come FIRST 150 TRUMBULL STREET