The Detroit times. [volume], September 28, 1908, FIRST EDITION, Page Page Four, Image 4

About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

Image provided by: Central Michigan University, Clark Historical Library

                
Page Four
HIS MAILED PIST
AT BRYAN
tflftor department would have been
Jl «roM» j Improper an the actions of
root. Haskel) himself. The govern
meat stood neither for nor against
; any oompany; but It required each to
obey tbe law. '
The permit of the national govern
ment as set forth In the telegram of
tbs secretary of the Interior to Gov.
Haskell of April 28 last was merely
to rrns* nr ust- t h** mitrictud allot
knots and tribal property of the In
dians, it had nothing to do with the
eofcpllance of the laws of the state
of Oklahoma and conferred no privil
ege to cross territory in Oklahoma
outside of these reservations.
“Gov. Haskell refused to permit any
{rdceedings to be taken against the;
tsndard Oil company, although this
company declines to obey the law of
Oklahoma. He claims that the Stand
ard Oil’s rights were superior to the
requirements of the Oklahoma con
stltuntion, for which he was himself
mainly responsible; he took the de
cision of the question away from the
courts and. against the opinion of his
attorney general, he decided It in fav
or of the Standard Oil corporation.
'The national government, obeying
both the law and the principles of
sound morality, discriminates neither
for nor against the Standard OH com
pany ori ta rival. Gov. Haskell,
against the law and against every
principle of honesty and fair dealing,
discriminated In favor of the Stand
ard OH corporation. Failure to see
the distinction between the two mses
Indicates moral rather than mental ob
tuseness.
“1 believe In radical reform; and
the movement for such reform can
be successful only if it frowns on the
demagogue as It does on the corrup
tionist; If It shows itself as far re
moved from government by a mob as
from government by a plutocracq. Os
all corruption, the most far-reaching
vvil is that which hides itself behind
the mask of furious demagogy, seek
ing to arouse and to pander to the I
basest passions of mankind. No bet
ter exemplification of this type of cor
ruption could be found than in the
lease of Mr. Haskell.
“You have uttered no word of oon-
Uemnatlon of Haskelllsm. as we thus
bee it That you consciously sought to
bring It about, I do not believe. That
|t was the natural result of the effort
jto apply In practice your teachings. 1
have no question.
•THEODORE ROOSEVENY’
fHon. William Jennings Brysn, Lin
| coin, Neb.’*
Haskell Calls T. R.
“Greatest Crook” and
An “Infamous Liar”
GUTHRIE, Okla., Sept. 28.—“1*11
have anew chapter on Theodore the
(Tint from now until election day
phowing him to be the greatest crook
Ihst aver aat In the presidential
fchalr.”
This statement was made here by
Gov. Haskell, former treasurer of the
Democratic national committee, upon
his return from Chicago.
"My resinagtlon was voluntary.” he
declared, “for I could not afford, ’if
Bryan Is defeated, to have The Dem
ocracy say, ’lf Haskell had got out of
the way Bryan would have been elect
ed.* ”
These statements were made by
Haskell in a speech delivered in front
M Democratic headquarters here fol
lowing a pathetic meeting between
Haskell and his wife, at the union
station. The state officials with a
hand and one company of the national
guard met Haskell at the train aid
formed an escort.
Early in his speech he referred to
(Roosevelt as ”an infamous liar with
hot the honor to admit it.’’ He denied
chat he had ever taken office nntil
brassed to do so and then aocepted
ft only for the dignity it would igve
Oklahoma and added: “I’ll be In the
present campaign to the last minute.”
(West, whom he opposed in prosecut
ing the Standard OH, Haskell said:
“A lot of these charges against mo
grere furnished by an officer who is
baiting even with me because 1
Mould not let him run the state gov
ernment.”
Says Hs’ll Sue.
He said he would start lawsuits
Ibis wek against various Oklahomans
and declared he would sue William
|L Hearst. “to make him prove the
. bharges he made against me were not
According to Haskell, an Investiga
tion is being made to locate all other
bersons who are jointly responsible
With Hearst for the charges, to make
them defendants also. He specified
Dennis T. Flinn, Republican nominee
l t° r United States senator in the prc»>
[castor IA
for InfknU and Chi Una.
, .lbs KM Yob Hm Always BoagM
| Stgaatan of
Between Bed Time
and Breakfast
| ' •
g%ft* Is the Meet Favorable Tla» te
"i M» the Itmiaeb, l.lrrr aat ~
!> »iv«la. A raaaaaa Nlgktrap
tee the Naar Ilia of
These Organ#.
During sleep the body should repair
the waste lost during the day. While
the Blind is at rest and the body qulst,
has tires to recuperats. when
\ there la no disturbing element.
When you awake feeling tired, heavy
headed, had taste In the mouth, or no
••petit*. It Is s sign that your stomach
.. •ad liver bare not been able to recover
their normal condition, and you should
St once begin to take Beecham s Pills
i~.4M retlHsg. They go quickly to the
: mIS of the Internal organs, when the
: body Is in the meet favorable condl
’ tlen te get the full benefit from the
medicinal properties of these wonder-
IfWlI health regulators. Taken at night.
Beecham’s Fills bring refreshing sleep.
&They aid la the dlgeetloa of the foods
L'fhat remain ta the stomach, assist the
f liver sad bowele la their work, clean*a
f the bleed and restore harmony to the
Nr bate system. Morning brings new
)i WtfTTi dear brain and keen appetite
RWrhea pda take a nightcap of Beeohams
hlUt. this famous ressedy Is sold by
n dnuiigtsts at lflo and Ifo a hen.
ent campaign, as being responsible
lor the fight made on him. Husk*-11
was extremely bitter lu bis aj'eth,
showing keen resentment.
The records here show Haskell has
received altoegther at national treas
urer about 160,000.
Democrats of Oklahoma
Stand by Haskell in
Hot Resolutions
- 1
- CHICAGO. SepL 28 —Gov. Haskell
is on his way to his capital In Ok a
homa after his conference with Bryan.
The Oklahoma Democrats are standing
by him. They believe In him and are
ready to sustain him at all hazards.
Today J. B. Doolin, of Oklahoma, as
sistant treasurer of the Democratic
■r.atlonal committee, received the fol
lowing dispatch from Guthrie
“At a meeting of the state officials
the following commendatory resolu
tions were unanimously adopted:
Whereas, attacks have been
made upon the official and person
al character of our governor
which we, after a close personal
and official association with him.
know to be untrue in fact and un
warranted Hnd uncalled for; be It
then
Resolved, by the state officers
of Oklahoma in meeting assem
bled. that we hereby declare our
full confidence In the honesty. In
tegrity and patriotism of C. N.
Haskell, governor of our state.
That we deplore the malignant
and unwarranted attacks upon his
character by persons in high
places inspired by partisan mo
tives.
The state of Oklahoma having
taken the leadership in those gov
ernmental reforms which are cal
culated to stay the hand of preda
tory Interests which have been pil
fering the people of the United
States, it is but natural that the
representatives of these special In
terests should In dssperation seek
to destroy the man who has led
this movement. After an Intimate
acquaintance and dose official as
sociation with Gov. Haskell dur
ing his official lifs in Oklahoma,
both ass member of the constitu
tional convention and as governor
of our state, we give testimony to
the fact that on all occasions his
official and personal conduct has
been actuated by none but the
purest and most patrttic motives
and with the desire to serve the
interest of all the people without
fear or favor; to protect the labor
ing man, the farmer and the le
gitimate buslnees Interests of the
stats.’ ”
This was signed by nine leading
state officials.
Roosevelt Standard Oil
Fond Not Retarned in
Spite of Orders
NEW YORK. Sept. 25.—The World
nays:
Early In the 1904 campaign, the
Standard OH Cos., as well as other
trusts. Tall roads, banks and large cor
porations, received a request to con
tribute to the Republican national
campaign fund. This request was Ig
nored, Henry H. Rogers being respon
sible for Its refusal.
Later, when the second call for cam
paign funds was made, Mr. Cortelyou,
chairman of the Republican national
committee, sent word to Mr. Rogers
asking tor an appointment at which
the existing conditions oould be ex
plained and the financial support of
Standard OH secured. This appoint
ment was mads by Mr. Rogers to be
kept at 26 Broadway, ths Standard
Oil building, and Mr. Cortelyou was
Informed that both Mr. Rogers and
John D. Archbold would be pleased to
see him. Mr. Cortelyou finding that
Mr. Roger* warn not to meet him alone,
but that Mr. Archbold was also to be
present, concluded it would be safer
and more discreet not to go himself
The appointment was kept by Cornel
ius N. Bliss, treasurer of the national
committee.
Bliss Promised Conservatism.
At this interview Mr. Rogers accus
ed Mr. Roosevelt of Ingratitude and re
called many peat favors from the
Standard Oil 00. to Republican candi
dates and campaign funds. Mr. Bliss
admitted that President Roosevelt
might have acted harshly toward the
Standard OH, but said that while Mr.
Roosevelt’s first term was "construc
tive” his second term would be ’’con
servative.”
Relying on these assurances Mr.
Rogers and Mr. Archlbold made a con
tribution of SIOO,OOO.
This contribution coming to the
knowledge of President Roosevelt, he
wrote to Chairman Cortelyou a vto
lent letter, denouncing the Standard
Oil Cos., and directing the return of the
contribution. This letter Is on Mr.
Cortelyou’* file, and a copy of ft Is
kept by President Roosevelt for the
purpose of making it public If ever
the facts of this Standard Oil contri
bution became known.
TH* contribution was not rstumod.
Not ono cont was paid back. Th*
same was used, so far as Mr. Rogers
and Mr. Archbold know, In like man
ner with other contributions.
Later In the campaign, when Presi
dent Roosevelt became scared about
the result and about the time that be
summoned Edward H. Harrlman to
Washington and Induced Mr. Hand
man to raise $260,000 for the campaign
fund, a further request was made of
the Standard Oil people.
Rogers Refused $250,000 Mors.
At the time of the $ 100.000 contribu
tion. Mr. Bliss expressed his dissatis
faction with its site and said that the
amount should be several times as
graAt. At the time of the third re
quest the definite sum of $260,000 ad
ditional was asked for.
In the mean time Mr. Rogers had
learned of Mr.-Roosevelta totter to
Mr. Cortelyou and of the direction Xk
return the first SIOO,OOO. He decline*!
to give any more money and recalled
the fact that the president’s instruc
tions to return the first contribution
had not been compiled with aad that
Mr. Roosevelt must hare known all
akmg that the SIOO,OOO which he re
pudiated had not only been accepted,
but ueed.
In view of this fact he declined to
accede to the request for a further
$260,000 or for any further sum, and
denounced Mr. Roosevelt for seem
ingly trying on the one hand to In
cur# contributions from the Standard
Oil Cos. and on the other hand to make
political capital by denouncing the
company.
* THE DETROIT TIMES! MONDAY, SEPTEMBER aB. 1908.
Markets and_ Finance
SATI/HDAY’S XRW YORK STOCK.B.
Reported for Th*- Time* by Hayden.
Stun, A CO . 114-116 Gri-wold^-t.^
Amrr. Cara Foundry... 3»’* J*>
Do. preferred '*
Am*T. Locomotive «o*4 •?,*
Auier. smelting Cos *“ '♦ 5* £
Amalgamated Cop. C 0... *
Anaconda C»»p. Cos. ...... 4
Atch., Top. A Santa Fe.. •» ™*T»
Baltimore A Ohio * 9*
Brooklyn Rapid Tran... •*< » "*
Centrai Leather 1
Chesapeake A Ohio 4° * i® 4
Cnna«4nn Pa el ft 0 ....... It 2% * 1 * -
Chicago & Ot. Western.. •’* '
Colorado Fuel A 1r0n... 33 T ANARUS« •*‘*6
Consolidated Gas l I *•' **
Distillers 31% “1 «
Dels tk Hudson Canal... 14* J !t-T
Denver A Bio Grande... 3' %
Erie 3-J' 4 *
lo« . 25 \ »
Illinois Central Hi.'*
Minn. St. L A a Ste M ID»\
Missouri. Kan. A Te*... 30'.
Great Northern 130 4 *:2, 4
Do. Ore 5S %
Newhouse
Missouri Pacific 63% .
National Lead Cos **% *?_•
Northern Pacific Ij‘S
N. Y Central A Hudson. I<>4V* I®*%
Ontario A Western JOS to
Pennsylvania Hi?*
Philadelphia A Heading. 128% Hi/*
Republic Steel, pref. ... <B4 •* *
Rock Island \
Do. preferred
St Paul J”
Southern Pacific '9?l* '9, 4
Southern Railway ;'*»
Tennessee Cop *B% ,rer
Union Pacino JJJ’t
U. aft Bond* 1013. 101 4
imtted States Rubber .. 30 304
United State* Steel 45* 4a4
Do. preferred -JO
Wabash *3 4 -* v *
Western Union Tele JO 4 80
Wisconsin Central 3*4
Westlnghouse 75 79
GRAIN AND PROVISIONS.
DETROIT. Sept. 56—Close—Satur
dar’a market for wheat was a quiet
affair, without any fresh Information
to help bull or bear The big receipts
continue to come In at northwestern
point* and the mills and enporters gob
ble every car as soon as It arrives.
Under these circumstances It Is difficult
to see what Is going to put prices down.
There are no hedging sales and the
bear* appear to be without ammunition.
Foreigners appear ready to take wheat
and flour at the advancing prices.
Wheat quotations—Cash No. 2 red.
|1 01 1-2; December opened l-4c lower
st fl 03 1-2 gained 5-Sc and dropped
hack to fI.OS 1-1; May opened at
81 06 3-4, touched ILO7 8-1. and declined
to 11.00 3-4; No. 3 red. 98 l-2e; No. 1
white. 81.00 1-J.
Coarse grain quotations: Corn—
Cash No. 1. 81c: No. 3 yellow. 2 cars
at 88c.
Oats—Cash No. 2 white. 1 car at 62e;
No. 8 white, 2 cars at 51 l-2c, lat 52c.
1 at 51 l-4c; No. 4 white. 1 car at
50 l-3c; sample. 1 car at 50c.
Rye—Cash No. 2. 1 ear st 77c.
Beans —Cash. 81.05; October. Novem
ber and December. 81.96 bid.
Cloverseed —Prime spot, fio bags at
85 88; March. 200 bags at 85.75: sample.
165 bags at 86.36. 70 at 85.25. 70 at 85.
15 at 84.75! sample alslke, 12 bags at
88. 5 at 88 50. 4 at 87.
Timothy seed —Prime spot. 50 bags at
61.40.
Receipts In the Detroit market on
Saturday Included 400 bhls of flour. 6
ears of wheat, 9 of corn, 17 of oat* and
8 of rye. Withdrawal* w»»re 200 bbls
of flour. Stocks are 187.690 bu of wheat.
184.844 hu of corn, 257,663 bu of oats,
and 123.366 bu of rye.
Wheat receipts at Winnipeg, 336 cars;
year ago. 168.
Northwestern wheat receipts Satur
day. 1.349 cars, year ago. 646.
Wheat receipt* at primary point*
Saturday, 1,916.000 bu. year ago. 978.000
bu.
Export** of wheat and flour Saturday,
695.000 bu.
CHICAGO GRAIN.
CHICAGO. Sept. 26.—Wheat opened
404 c lower. Easier cables, forecast
of Targe world’s shipments and ratna tn
the southwest were the factors. Local
opinion was mainly bullish but some
or the big leaders believe It will be a
situation for the moment.
Opening prices; Wheat—Dec.. 81 01 4
01614- Corn—Dec.. 64 4 to 64 4 -q.
46 4c. Oats—Dec.. 49 40 49 4c. Pork
—Oct.. 815.17 4. Lard—Nov., 810.36.
Ribs—Oct., 89.82 4
Wheat closed 4 if 4c lower; corn was
4c lower to 4 ot<4<’0 t <4<’ higher; oats were
4 04c up to 4c lower, and provisions
wsre 34c off to 24 0 74c higher.
Closing prices: Wheat—Dec., 81 01 4.
Corn—Dec.. 664 c. Oats—Dec.. 49 4 0
494 c. Pork—Oct., 816.25. Lard—Oct.,
110.324010.25. Ribs —Oct., 89.90
Quotations by Hayden, Stone A Cos.:
Open. High. Low. Close.
Wheat-
Sept... 1 004 1 004 1 00 4 1 00 4
Dec... 1 014 1 014 1 ol>, hi 014
May... 1 044 1 04\ 1 04 bl 044
—Corn— ■
Sept... 80 80 79>* 794
Dec .. 66 4 x 64 4 56 664
May... 65>« x 65 4 *65 b«54
Oats —
Sept... X4B 4 49 4 x 49 4 x 49\
Dee,... x4*4 494 <*4 *4<»4
May... 514 514 514 b 514
Pork-
Sept... 15 17 15 25 15 17 \ 15 25
Oct 15 15 15 30 15 12 15 35
Jan . .. 16 77 16 90 16 77 16 90
Lard —
Sept xlO 22
00t... 10 17 xlO 22 10 17 *lO 22
Jan. .. 9 85 x 9 87 9 82 b 9 87
Ribs—
Sept h 9 90
0ct.... I 8! 9 90 9 *2 9 90
Jan 8 80 8 87 8 80 x 8 95
<h)Rid. <x)Spllt.
NEW YORK MONEY.
NEW YORK. Sept 26—Nothing said
In money. Posted rate*, sterling ex
change. 84.860 4.87.60. with actual bus
iness In hankers’ bill* at f 4 86 40 for
demand, and 14.8505.85 20 for 60-day
bills. Prime mercantile paper, un
changed.
LIVE STOCK.
EAST BUFF A 1,0.
Report of Market Opealag By Sadler,
Herfrk A Ce.. Coasasteelaa Merebaats.
BUFFALO. Sept. 26.—(Special.)—Cat
tle—Receipts light and steady. Hogs—
Receipt* 5.000, slow; heavy. 87.350 (.50;
best yorkers. 8707 26; light, 8*250
6.60; pigs, 86.2503.60. Sheep—Receipts
2.000, slew; top lambs, 85.500 5.76.
Calves —Lower. 89 down.
Market Cl«*a
EAST BUFFALO, N.Y., Sept. 28.—Cat
tle—Receipts 600; quiet, steady. Veals
—Receipts 200; active. 60c lower; cull
to choice, 860 9. Hkeep and lambs—Re
ceipts 4 000; lambs slow. 16c lower;
active, steady; lambs. 86.2605.60, year
lings. 83.7604; sheep. 82-6004. Hogs—
Receipt* 6,460; slow. Gc lower; Yorkers,
86 600 7.40; pigs. 850 6 60; mixed. 87.26
07.40; heavies, 57.4007.68; roughs, 6.76
06.25; stags. 8404.76.
CHICAGO LIVESTOCK.
CHICAGO. Sept. 26.—Hogs—RersiptS
6.000. market dull. 6c lower; bulk. 86-80
07.06; light, 86.6007 20. pl*s. 84 600
6 20. mixed, 86 6607 36; yorkers. 8?06
07.10; heavy, 86.60 0 7.40; good to
choice, heavy, 86.7507.40; roughs. 86.50
06.76. Cattle—Receipt* 50». market
unchanged, beeves. 83.700 7.65; Texas
Steers. 83.600 6.10; wentern steers, 83.40
01; stockers and feeders. 82.4004.65;
cows and heifers. 81.7507.60. calves, |6
0 8.26. Sheep—Receipts 2,500. market
steady; natives, 82.23 0 4.20, western,
83 2504 35; yearlings. 84.3604.76;
laipb*, native and western, |3 2605.70.
COPPER.
BOBTON COPPER LETTER.
Furnished by Hayden. Stone A Oo.:
The Boston copper market opened
strong and active. It was Very evident
that substantial buying orders were
well distributed throughout the entire
list. Atlantic and l*le Royal# were
prominent features with gains of 1 per
cant Atlantic Is making a very good
showing on ths tblrtesntn level, having
run Into a rich chute. We consider
this a very encouraging piece of news.
Copper Kaivae and Mohawk are also
noticeably strong. The consensus of
market opinions at the close of the
week are In the main bullish on our
copper market.
Reported for The Times by Haydsn.
fitonc A Cos. 114-118 Griswold-st.
Open. High. Low. Close.
Aria. Com! «... 89 29% 89 88
Apex 4\ 44, ' 4% 4%
Atlantic U 18** 19 18
Adventure .... 6% 8% s % B*4
I4ay 8. Gas .... m 1 % 1% lq.
Black Mtn 3V, 3*4 3*4 3*4
Boston Cons. .. t4«4 14% 14% 14%
Bos. A Corbin.. 16% 15% 15% 1&1Z
Butte Oln. e 24% 24% 24% 24%
Bing. Cons.' .... 4040 4040
ropper Con. ... 74 74 73\ 72V
Cnlu. A Art5...116 116% 116 116
Centennial .... 31% 31% 31 81
K Butte ....... 7% 7% 7% 7%
Kly 7% JV 7% 7%
Franklin J 13% 1R % 12 V 12 V
First National. 6% 7*4 6% «%
Granby 98 98 98 98
G CHnmea .... 10% te% 10% t»%
I*l** Royal#*.... 23% 23% 23% 23%
Kew Cop 3% 4 3% 4
Salle 13% 13% 13% 13%
1-ak.- 12% 12% 12% 12%
Mohawk 62 62 62 62
Majestic 71 72 70 71
Nevada Utah .. 3% 3% 3% 3%
N Butte 82% 82% 81% 81%
Superior Cop. .. 24 24 % 24 24 %
Hun A Boston.. 7% 7% 7% 7V
Trinity Cop. ... 20 20 19% 19%
Utah Con* 43% 43% 43% 43%
U. S Oil 24% 25> 24% 25
U S R. A 8.... 39% 39% 39% 39%
lk>. pref 44% 44% 44% 44%
Youkon 4 \ 4% 4% 4%
BOSTON COPPER BAI.K*.
BOSTON, Maas . Sept. 26.—Sales, fur
nished by Hayden. Stone A Cos.. 116-118
Grlswold-st.: Adv., 365; Ainal , 9.836;
All.. 10; Am. '/Inc. 100; Arc.. 80; Arls.
Coin’l. 2.497; Atl , 1.666; Bos. Cons., 2.-
597; Boa. A Corb.. 166; Bute Cltn., 606;
C. St A.. 40. e. A H. 1; Cop. R.. 437;
Frank 1.685. G. C,. 1.175; Tale Roy..
2.165. Lake, 930. LaS.. 320; Mia.. 3.095;
Mn.*i., 10u; Mich.. Ill; Moh., 273; Nev.
Con*.. 270: Newh.. 125; N. 8.. 6.697; O.
D. 294; Par.. 140. Yul.. 20: Shan.. 427;
Sup. Cop. 55; Tam., 5; Trln., 2,816; Oil,
25. U. S. S. 320; do pfd. 312: Utah
Con., 295. Utah Apex. 265; Utah Cop.,
270; Vlcu, 25. Win., 100
NEW YORK COTTON.
NEW YORK. Sept. 26—The cotton
market this morning opened easy. Ths
start was better than had been ex
pected on the cable*, owing to room
covering. Thl* wa* offset by predic
tions of unfavorable weather In ths
belt. After the call, prices yielded
slowly to scattered room pressure and
an absence of outside support.
Cotton prices, by' Hayden,
Stone A Cos.. 116-119 Grlswold-st.:
opening Closing.
Hid Ask. High Low Bid. Ask
Sept. ... 895 9.03 fj **3 896 098
Oct 8 97 9.05095 8.96096
Nov 8.67C68
Dec 8.76H77 8T9072 7.71074
Jan 8 63&64 8.66 y 80 8.61062
BOSTON WOOL.
POSTON. Sept. 26.—The Commercial
Bulletin, basing its report upon statis
tics gathered for the government, says
of the wool market. Business has
been quite large, aggregate transfers
being estimated at 6.000,000 pounds.
The shipment* of wool from Boston to
Sept. 24, inclusive, were 129.342,645
pounds, against 169.679.10 pounds for
the *ame time laat year. The receipts
to Sept. 24. Inclusive, were 207,240,290
pounds, against 249.868.895 pounds for
the same period last year.
U. S. GOV. BONDS.
Bond Quotations, furnished by Hay
den. Stone A Cos.: New 2s reg., 103%0
104; do, coup., 104% bid; new 3s reg.,
1010101%; do, coup.. 1010101%; new
4s reg, 1210121%; do. coup., 121% bid.
WEEKLY BANK STATEMENT.
NEW YORK. Sept. 26.—The bank
statement: Clearing house members,
average condition. The changes as
compared with last week are: Surplus
(old), decrease, 8178.975; surplus (new)
decrease. 8174,100; loans, decrease. 86.-
132.300; specie, decrease. 83.600,400;
legal tender*, increase. 8664,300; de
posits. decrease. 86.628.500; circulation,
decrease. 8325,100; U. S. deposit*. In
crease, 839.600; total loans. 61,312.020,-
600; total surplus, 850.030.660; total sur
plus. not counting reserve against U.
8. deposits. 862.373.600. The decrease
In loans of 86,132.300 reflects the li
quidation of the past week. The trust
companies reported a further decrease
in loans of 81.451.400. making the total
decrease for the we**k. 87.583,700. Th#
decrease *in cash at fl, 336.100 Is only
about one-third of thedecre4ia“TTrffD
cated by the reported movements of
currency. The actual figures show a
decrease of a little over 84.000,000.
LOCAL STOCKS.
Following quotations furnished by
Lewis O. Gorton, 1412 Majestic building.
Sept. 24. 1901:
Bid. Asked.
Amer. Exchange National. 104 110
Central Savings Bank.... 160 170
Cltlsens* Savings Bank... 108 111
Dime Savings 168 160
Detroit United 110
First National 160 161
Home .Savings 220 260
Old Detroit National .... 146 148
Nat. Bank of Commerce.. 119 190%
People's State 218 223
United States Savings 124
Detroit Trust Cos 160 870
Union Trust Cos. 19#
Security Trust Cos 204 fit
INDUSTRIALS.
American Lumber Cos 1.71 1.00
D. AC. Navigation C 0.... 88 19
D. A B. Steamboat 00.... T 9% 80%
Detroit Edison 64 84
Detroit White Lead ... 18
Do. common 10 23%
Iron Silver Mining 1.00 ...
lola Cement, pref. 20% 33
Do, common 24% 27
M!ch. State Tele., c0m.... 47 80
Old* Motor Works 8 8%
Parke, Davis A Cos 74 76
Wolverine Port. Cement.. 9 10
MINI NO.
American 4 4%
Arizona Commercial 37 27%
Black Mountain 33%
Butte A London 40 SO
Butte Balakala 8 8%
Calumet A Arlsona 116 117
Chemung 10 11
Cumberland-Ely 7% 7%
Davis-Daly 1% 2
Denn.-Arlsona 8% 4
East Butte 7 7%
Goldfield Cons 5% 4
Globe Cons 4% 6
Oreene-Cananea 9% 9%
Helvetia 3% 4
Hancock 4 6%
Keweenaw S% 4
Lake Copper 10% 11 .
Miami 3 4
North Butte 78 78%
National 40 60
Ktplaalng 9% 8%
Lake Superior A Arlsona. 8% 4
Nevada Utah 8% 8%
North Butte Extension... 16 26
Old Dominion 39 28%
OJlbway 8 8%
Ravsn 86 90
Shannon 14 14J*
Shattuck 14 14%
Superior Copper 32 31
Superior A Pittsburg 13 18%
Superior A Boston 7% 7%
Tonopah Mining 7 7%
Warren • •
Wolverine A Arlsona 1% 1%
Ukon 4% 4%
Bay State Gas 2 2%
First National Copper ... 6% 6
Penn.-Wyoming ......... 24 2?
PRODUCE.
The principal feature of the market
the pact day or so, has been the poul
try deal. Receipts have been large all
the week, but as there was a good de
mand on account of the Jewish holi
day dealers managed to clean up from
day to day until yesterday, when, the
rush of tks local demand being over,
•nly the fact that shippers picked up a
car load on the street to send east, pre
vented a goodL many from being carried
over. ThVmarket wa* HITT again ITfW
morning, and dealers are looking for
lower prices still next week. The
peach season Is so near over that the
deal Is only a side issue now. but aside
from this, the market was a steady
one and fairly active.
Apple*—Fancy, |t.6002.76; common.
81 60 a 2 per bbl.
Butter—Official prices; Extra cream
eries. 22%c; firsts, 21 %c; crocks, 19c;
packing stock. 16%c per lb.
Cabbage" 40c per dos; |1.60 per bbl.
Cauliflower—7s 080 c per bu.
Celery—ls 030 c per dos.
Cheese—Michigan full cream, new.
ISe; Limhurger, new, lie; brick. 14c;
flchweltser. old. 18c; new, 16c per lb.
California Emit*— Plum*. $1.60 per
box; grapes, fl 7602.26 per crate.
Cetfee—Package coffee. 812 76015 26
p*r 100 lbs.
Oaabsrrtse Cape Cods, |i 75 per bu;
97.60 par bbl.
Dmard C ■!» *m — Fanr y. 10011 c; com*
inon, H V<- per lb.
!£••»— Michigan current receipt!.
flrM*. ca>i count. lO^c.
Fl»«r—Michigan patent*. In wood.
$5.26; second patent. |4 76; straight.
$1 6ft; clear. $4 per bbl.
F»c«l—Jobbing lots. bran. 626; coarse
corn meal. IS4; corn and oat chop s3l;
coarse middlings. 927; fine middlings.
s2it per ton.
Freeh Ve«e»ablre—tlreen onions, lfto
per doa; cucumbere, 15c per dos; let
tuce. 40c per bu; parsley. 15c; wax
beans. $1 per box; green beans, ftl per
hamper, home-grown tomatoes. 250300
per W
(.rape Krslt—ft7«. 60 per box. v
(treea l*#gg«rw—ROc per bu.
(•rapes—6 lb baskets, 10016 c; 4-lb
baskets. 8010 c; Xlugura*. 10-lb, 25 0
30c; Delawares, 10-lb. 30«f35c.
Urers Cera 120 16c per dos.
Hardware— Wire nails. $2 30; base
80 and 6 per cent off; poultry netting.
Sainted barbed wire. $2 50; galvanised
arbed wire, |2.so; No. 9 annealed wire.
ft 2 20; poultry netting before weaving
cloth, f1.40 per 100 feet;
after weaving. 80 per cent off; wire
Joint eavetrough. 80 and 10 per
off. round and corrugated conductor
pipe, 75 and ft per cent off.
Iloaey—Fancy white, 12 012 e; amber.
104111 c; extracted. 60 6' g c per lb.
Hickory Nats— $2 per bu.
Hay—Detroit shippers are paying the
following prices for new baled hay in
car lota, f. o. b. Detroit; No. 1 timothy,
old |ll «11 60; new. 610010.60; No. 2
new. $9010; clover, mixed. |9<|lo; rye
straw. |6.601T7; wheat and oat straw.
|& 60(1'a ton. In car lots.
Hides—No. 1 cured. 10c; No. |
cured. 9c; No. 1 green. *4c; No. |
froen, "Vic; kip cured. No. 1. 10 4c; No.
, 9c; kip green. No. 1. »c; Nc. 2. 7 4c;
calf cured. No. 1. 14c; No. 2. 124 c;
green. No. 1,13 c; No. 2. 114 c per lb;
horse htdea. No. 1, |3; No. 2, 12. sheep
skins, as to wool. 40060 c.
I.lmes--90c per 100.
Pass* California. 14 04.25 per box.
Maple Sagsr—Nt-w, pure, 15c per lb.
Meloae—Oeins. 11.2$ per bu; Osage.
1101.25 per crate.
Maakraotas 20010 c per lb.
Oaleas—Spanish. 11.50 per crate;
Mlchlgaa. 60066 c per bu.
OUs—Raw linseed. 43c; boiled lln
sstd, 44c gal, less 1 per cent for cash
|g 10 days; diamond headlight kero
sene, 9 4c; turpentine. In barrel lota
414« P«r bat
Oraagee Valencias, |4.26 04.76 per
box.
Peaches. ..Yellow, bushels. AA. 63 25
01.50; A. 61.7602; B. 41.2601 60.
Pesrs Kiefers, 60c per bu; 62.260
6.75 per bbl; Bartletts, 61.2501.60 per
bu.
Plwaw—ldaho, 6101.10 per crate.
Pap Cora—Bare. 14 01c per lb.
Patateoa Michigan. 76c per bu;
oar lots. f. o. b. Detroit, 66 0700 per bu.
fssltir Hens. 104 011 c; springs.
120124 c; geese, 6c; ducks, 9010 c; tur
keys. 14c per lb.
Praetaloao—Mess pork. 616.00; family
pork. $16.60019; light, clear, $17.00;
heavy, 918.00; smoked h&ms, 13c
dry salted briskets lO\011c; shoul
ders. 84c; picnic hams. 8 4c; bacon,
13 013 4c; lard In tierces. 104 c; kettle
rendered. 114 c per lb.
Sweat Pot at cap Virginias. 91 per
bu; Jerseys, 61.26 per bu. 13.25 per bbL.
Sagar—Crystal dominoes. 68.10; Engle
tablets. 97.05; cut loaf, 66-55; cubes,
66.10; XXXX powdered. 66; granulated,
extra coarse. 65.65: In bulk.
66.56; granulated In 26-lb cotton bags.
$6.60; Michigan granulated, $5.46; con
feettoneraf A. $5.50, No. 1, $5.55; No. 2.
!5. 55; No. 3. 66.55; No. 4. 65.45; No. 5.
6.40; No. 6, 66.35; No. 7. 65.30; No. 8.
5.25; No. 9. 66.20; No. 10. 65.15; No. 11,
6.10; No. 12. 65.05; No. 13. 65; No. 14.
5; No. 15. 66 per 100 lbs.
OAKMWIPOSES
ABOLITION OF THE
COUNTING BOARD
SYSTEM HAS FAULTS BUT THERE
IS NO BETTER ONE IN BIQHT,
ELECTION COMMISSION PRESI
DENT POINTS OUT.
The length of time taken to get a
full count of the primary election vote
has led to some talk of abolishing the
central counting board. This was
also discussed prior to the last session
of the legislature and, at one time, it
appeared probable that some other
system would be adopted.
No one else has devised a more prac
tical and feasible scheme for getting
an honest count, however.
“The only way that I can see to do
away with the central counting board,
is to do away with the primary nom
ination system," says Milton Oak
man, president of the election com
mission. “The counting board has fol
lowed the primary system and is a
natural result of It.
“I will subscribe to a purse for a
prize to anyone who can invent a bet
ter system of handling the immense
primary vote —and getting an honest
count. *
"lt is no use to talk of counting the
votes In the precincts. That has been
proven to be too long a strain for any
set of men and It leaves loopholes for
dishonesty everywhere. Now, if there
are mistakes, they can be detected In
a recount but. with the ballots counted
In 165 places at once, the ballots can
be spoiled by the precincts' boards, If
any happen to be dishonest, so that no
recount could bring Justice.
"Voting machines will not solve the
question either. It is not a difficult
matter for fraud to creep into our
voting now. but with voting machines,
it would be much easier to ‘deliver’
the votes In certain precincts. Even
If the legislative ticket were voted
separately from the rest so as not to
overset the capacity of the machines,
it would be a bad way to cast the
votes.
“The only way that I can see to cut
oat all chance of rottenness in our
elections, primary as well as general,
la to pass a law by which every man
must mark his own ticket unless he Is
blind or has no hands. As It is now,
the ignorant voter does not cast hla
ballot as he thinks he does. The man
who marks it for him may mark It any
way that he likes and purchasable
votes are easily delivered by collusion
between men outside and Inside the
booth. That Is the root of all our
troubles.
“Until we change conditions In some
way, the counting board will remain."
Auditor Buhrer la figuring on a num
ber of changes to be made in methods
when there Is another primary count.
He recommends that the clerks be In
structed uniformly to count the votes
for one office at a time Instead of one
ballot at a time. This would decrease
the confusion which occurs when one
shift of clerks relieves another In the
midst of the count of a precinct's
votes.
In connection with the talk of abol
ishing the counting board, it is worthy
of mention that, when the primary
system was first tried horn and the
votes were ronnfed In the booths,
some precinct boards were at work
on the count, without relief for two
or three days, men sleeping on the
floor of the booth between spells.
Rain Delayed in Transit.
The rain promised for lower Michi
gan Thurauay night was delayed In
transit and will probably not reach
Detroit until Sunday. Observer
Waldo A. Avery. Hamilton Dey. Hermann Dsy.
President Cashier Assistant Cashier
John N. Parley. John P. Williams. Charles 8. Howard.
Vice-President 2nd Asst. Cashier , Auditor
THE
lr
- - ' " -v
American Exchange
National Bank
»
Capital, $400,000 Surplus, SIOO,OOO
Have opened for business in both
Commercial and Savings De
partments at their new offices
in Union Trust Building, (or.
* t _
of Congress and Griswold Sts.
Monday , September 28 v
DIRECTORS:
W. A. Avery, F. W. Gilchrist, jym. H. Murphy, Frank 8 Werneken,
John N. Barley. Gilbert Hart, VBhis Rtroh, Jas. N. Wright.
Charles W Baird. Wm. P. Holliday, o.m Thorp, Fremont Woodruff.
Hamilton Dey, Jos. L. Hudson, (%IH. Hollister,
Capital, $400,000,00 Surplus, $300,000.00
THE HOME SAVINGS BANK
* DETROIT, MICH.
Conservative, Progressive, Safe
The continuous growth of this Bank is evidence that it
enjoys and deserves the confidence of the Public.
1
MirtmTYrtSt^Eirtaiin
O^TalO^tn,
IMI Medu nl Bm*.
n ”
r MainllN
I SPRUNRI
I ENGRAVING CO. 1
I Detroit,Mich. I
§ Open Day and Night. |
A A
Beginning October 3rd the
FREIGHT HOUSES
..of the..
Michigan Central
Railway Company
will be kept open Saturday
1 until 5:00 P. M.
J
C. R. MUELLER & SONS
Machinists and Locksmiths,
78 Shelby St.
DslMsra mt Spadal Msefclstry— Laws
Mtwen RspslM am* Rharytsei—
Kara Ma4a mt all Drarrlytleaa.
TBL. MAIST MU
0 ~”
Thompson, of the local weather office,
will not say definitely that the rain
will come then, bu( Indications are
favorable. In the meantime, Old Sol
fa still on the Job. The mercury
reached a maximum of 88 degrees
Friday.
REPORT OF THE CONDITION
OF THB fj
FIRST NATIONAL BANK
OF DETROIT. MICK.
At the close of business, September 28,
1908, a* rendered to the Comptroller
of the Currency.
RESOURCES.
Loam and discounts $9,828,490 13
Overdrafts #J3 20
U. S. bonus and premiums. 840,175 00
Bonds, stocks, securities,
etc 1,700,580 12
Furniture and fixtures 184,109 74
CASH RESOURCES.
Due from U. S.
1 treasurer ...$ 197.000 00 A
Due from banks 1,480.408 58
Due from re
serve agents 1.266,021 69
Cash on hand. 3.338,275 77
— 8,190,704 02
liabilities!
Capital stock paid in $2,000,000 00
Surplus fund 1,000,000 00
Undivided profits ........ 72.524 47
Circulation 440.000 00
Deposits 15.212,157 76
$18,724,882 21
State of Michigan. County of Wayne, sa.
I, M. L Wllllama. president of the
above-named bank, do solemnly swear
that the above statement Is true to tha
best of my knowledge and belief.
M L WILLIAMS. President.
OFFICERS.
Morris I* Williams, President.
John T. Shaw. Vlce-Pres. and Cashier.
Emory W. Clark. Vice-President.
F. A. Smith, Aaat. to the President.
Frank G Smith. Aaat. Cashier.
W. A. MeWhlnney, Asst. Cashier.
F. F. Christie, Asst. Cashier. j
Joseph Grlndley, Asst. Cashier. Jr
J. h 7 Hart. Asst. Cashier.
John W. Staley, Asst. Cashier.
F. C. Blomfleld, Auditor.
DIRECTORS.
Dr. J. B. Book. M. J. Murphy*
IVm. J. Chittenden. Thomas Neal.
Emory W. Clark. Charles L Palma.
Don M. Dickinson. Cornelius J. Reilly,
Clinton O. Edgar. John T. Shaw,
J. 8. Farrand. Jr., StaphanT. Seyburn,
Edward Ford. James D. Standlsh.
Devter M. Ferry. Jr. Albert L Stephens,
Chas. F. Hammond. Frederic B. Stevens,
Oeorge Hendrle, Willis C. Ward.
Robert Henkel, A E. F. White,
Gilbert W. Lee. H. K. White,
Cyrus E. Lothrop, Morris L Williams,
Philip H. McMillan. Wm. C. Wllllama.
* " «n "" a
t
REPORT OF THE CONDITION
OF
UNION TRUST COMPANY
Detroit, Michigan, at close of businasa
September 27. 1908.
RESOURCES.
Collateral loans $2,808,123 if
Stocks, bonds, mortgages,
etc 2,540,704 14
Real estate 9,823 01
Trust account advances.. 106,209 92
Furniture and fixtures . . . 8,003 29
Cash on hand and In banks 229,083 42
Total $5.702,046 74
LIABILITIES.
Capital stock paid In $ 500,000 00
Surplus fund 300,000 00
Undivided profits, net.... 92,443 tl
First mortgage trust gold
bonds 126,900 00
Trust funds 1,441,213 14
Debentures 2,090,884 80
Certlflcstes of deposit ... 1,084,985 15
Other liabilities 20,880 43
Total . 85.702.046~7l
OFFICERS:
Henry B. Ledyard, Chairman.
Frank W. Binlr. President.
A. E. F. White. Vice-President.
Gerald J. McMechan. Secretary.
Charles R Dunn. Treasurer.
Alexander C. Long, Assistant Secretary.
Hobart B. Hoyt, Trust Officer.
Israel T. Cowles. Manager Title. Guar
anty and Abstract Dept.
W. T. Bradford. Bond Officer.
Gilbert R. Oemun, Custodian Safety De
posit Vault.
Frank X. Llngemann, Real Estate Of
ficer.
BOARD OF DIRECTORS.
Henry B. Led yard. Chairman.
F. J. Hecker, P. H. McMillan*
A. E. F. White, H. E. Boynton,
Chas. Stlnchfleld, George Hendrle,
Henry Russel, A. L Stephens,
Elliott T. Slocum. Paul K. Baglay*
T. H. Newberry. B. 8, Colburn.
Chas. A. Ducharms, Geo. B. Rcmlek.
Harry A. Conant, Frank W. Blair.
Chas. L Palma, George M. Black.
D. C. Whitney. Allen F. Edwards.
Job Printing done right. Tfanee MM*
tag Cn* II John R.-»C PMm UR
VOIGT’S
BEER
“Is Produced
from the Best
Barley. Malt
and Hops that
Money will
Buy,and Aged
by Time
and Not by
Machinery.”
PHONES—
Main 137
City 137