At least I think it says Gray-McLean Co. It's suffered a lot of damage in the hundred years or so it has been exposed to the weather. The sign has taken a bit of a beating along its left side, and some overall fading, in the last ten years but otherwise is still hanging in there. It's still a nice one to spot if you know where to look; this one is not easily seen by the casual Pearl stroller. Stand on the raised sidewalk in front of Cargo at NW 13th and Flanders and look south.