The Detroit times. [volume] (Detroit, Mich.) 1903-1920, February 27, 1912, LAST EDITION, Image 8

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The Detroit times. [volume], February 27, 1912, LAST EDITION, Page Page Eight, Image 8
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

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The Detroit times. [volume] (Detroit, Mich.), 27 Feb. 1912. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83016689/1912-02-27/ed-1/seq-8/>

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Page Eight
Markets and Finance
BTDCI MARKET GOES ON
• IN NAM CHANNEL
j*Yone Improves in Early Trading
But Becomes Listless
at Noon
JV. r. STOCK MARKET—CIo»e.
t" Am A* Chem 614, Am B Sug 63*,.
Amul Cop 46%. Am C & F 50%. Am Col
- Oil 40. Am Loc 33, Am Smell *O%, Am
Sugar 114%. Un T ft T 142%. Am Tob
i %>f 103%, Am Wool 27%, do pf *7%,
Anaconda 30, Alch 104, Ball & O 101 V
Can l*ac 220 7ft, Cen Lerath 17%. do pf
»y%, Chet A O 71%. Chino Cop 26%, C
A Ot W 17%, C, M 4k St P 106%. Col F
a- I 23%. Corn Prod 10, Dls Sec Cor
20%. Erie 30V do lat pf 61%, Qen
Klee 100, Qt Nor pf 120%. Ot Nor Ore
Ctf 17, 111a Crant 130%. Int Met IS. do
pf 17%, Leh Val 167%. Louis & Naan
151. M K & T 26%, N Y C l 10%. Nor *
Wm| 110%, North Pac 117, Penn K K
132%. Press St Car 29%. Hay Cons 1 • % ;
Head 163%. Hep 1 A Steel 1«%. do pf
«ft%, Rook Isl pf 48%. South Pac 107%.
South Ry 27%, do pf 72%. Union Pae
104%. U S Rub coin 45 7a. U S steel 60%.
do pf 108%, IT S Bond* 10J. 'lr-Car
Chem 61%. Utah Cop 66%. Weat In lei
14%, Weat 11 its "2%. O U O 30%.
> NEW YORK, Feb. 27.—The iudus-
were weak at the opening of
the stock market today. Changes in
the railroads were fractionallly high
er than yesterday’s close.
11 a. m. —After the first few min
utes the tone Improved and prices
sere to higher figures.
Governments unchanged; other
bonds steady.
Noon —Trading was dull in the late
forenoon with price changes narrow.
2 p. m—Trading was listless in
the afternoon.
Reported for The Time* by Hayden.
Straoa St Cos., Feb. 27:
Open. 12 AM.
AJaer. Agrl: Chemical Cos. 58% 68%
'American Beet Sugar... 63% ....
Amalgamated Copper.... ««% *6 ••
American C. & Fdy 60% t*'*%
American Cotton 0i1.... 49%
American Locomotiva.... 31% 33
American Smelting 71 •• • •
American Tel. St Tel ... 142% 14:i
American Tobacco pfd.. l ft 3% 103%
American Wool 27% ....
Do. preferred ......... 87% »*t*
Anaconda *•
Atchison 104 I*4
Baltimore A Ohio 101% 101%
-Canadian Pacific ....... 228% 2-’9%
Central Leather 16% 18
Do. preferred Y- 80% §2%
Chesapeake A 0hi0...... TT 71%
Chino t*opper 25% ....
Chi. A at. Western 17% 17%
C., 11. A St. Paul 105%
Colorado Fuel & 1.. 24 23- 4
Uorn Products 10 ....
Erie 30% St*\
Do, Ist preferred 50%
General Electric 159% 160
Great Northern pfd 129% 129%
Illinois Central 136% 13fi%
Int. Met 17% 17%
Louisville A Nashville.. 151% 152
M. f K A T 26$
N. Y. Central 110% 110%
Norfolk A Western..... 110% 111
Northern Pacific 116% 117
Penn. R. R 122%;
Press St. Car •-*'»% 21%
Ray Cons 17 % 17 %
Reading 168% 163%
iltep. I A Steel 16 16%
Southern Ry 27% 27%
Union Pacific 164% 164%
U. K. Steel 69% 60%
■ f !)•», preferred 108% 108%
Utah Copper ........... 66% 56•%
Western Union Tel. 84% 84%
k XgW YORK STOCK LETTER.
Reported fbr The Times by Paine.
Webber A Cos., Feb. 27: After the first
few minutes the market showed an
Improved tone and price movements
during the rest of the hour were gen
erally toward a hlgherrange. There
was some aggressive buying In United
States Steel common which put the
price of that stock to 60% against 69%
early, and fractional advance also
made in Union Pacific. Trading In In
dustrials attracted the greater part of
the attention of the speculative ele
ment on the floor, and also Induced In
creased outside interests. American
Telephone and Telegraph and Western
Union were both strong and mado ma
terial fractional gains.
BOSTON I COPPER
Open. High. Lor Close.
Adventure 7 >4 7* 7 74 7 74
Allouez 41 41 41 41
Arir. Com 4% 4% 4U 4%
Butte Cln 22 % 22 74 22 44 22 \
Cal. k. Ariz 60 V, 40% 60', 60',
Cal 4k H. X-95..452 45.1 450 452
Centen. Cop 21 21 21 21
Chino 25 74 25 74 25 74 25 74
Copper Range.. 64 54 54 54
Daly West 574 6*4 674 674
Bast Butte 12% 12% 12% 12%
Franklin 13 13 13 13
Giroux Cons.... 4 4 4 4
Hancock 33% 32% 33% 33%
Jsle Royal# 26 26 26 26
Keweenaw 174 1% 174 174
Lake Copper.... 36% 36% 36% 36%
Miami 24 24 24 24
Mohawk 56 56 56 56 ,
North Butte.... 26 26 26 26
Oneeo 2%\ 2% 2% 2%
Quincy 77% 77% 77% 77%
Shannon 10 10 10 10
Superior Cop... 26% 26% 26% 26 74
U. 8. Mining... 36 36 36 36
Do, preferred 46 48 47 74 68
Utah Apex 33 33
Utah C0ne..... 14% 14% 14% 14%
Utah Cop 56% 56% Ufii, 56%
Winona 7% 7% 7*4 7*4
Wolverine 101% 103 101% 103
North Lake.... 6% 674 «*4 6*4
jtiy Cone H% 17% lr% 17%
b-Bid.
BOSTON COPPER MARKET—( lose.
Adventure, 6%; Arl*. Coml.. 474 ; Ar
cadian. 2 74; Allouez. 41; Algoma. 6;
B>B > rnrtiifn 7; Horton Ely, 1 7-1#;
Ray State Gas. 22; Butte Coalition,
22%; Bohemia. 3%; Cal. A Ariz.. 60Vi;
Cal. A Heels. 4R%. Centl, 21; Chief. 95;
Chino. 25%: Copper Range, 64; Daly
West, 574; Davis Daly, 62; Fast Butte,
12 74: First Natl., 2*4: Franklin, 13%:
Giroux. 4%: Goldfield Cons., 4%; Greene
Cananoa, 7%; Hancock, 34; Inspiration,
13: Isle Royale, 25%: Keweenaw, 174;
Lake, 36%; Miami; 24: MohAwk. 55%:
Nev. Cos nr., 1974; New Raltic, 4; Nev.
T’tah. 6; North llutte. 25%; North Lake,
«; Ojlbway, 5*4; Old Dorn.. 46%; Os
ceola, lit; Quincy, 79; Ray Cons., 17:
Shannon, 10: Hup, Copper, .26%; Super.
A Boston, 3%; Tamarack. 28; Trinltv.
5%; Utah Cons., 14%; Utah Copper,
56%: r. S. Smelting. 3 5 74; do pfd..
47%; Victoria, 4 74: Winona. 7%; Wol
vetlne. 106 . _
BOSTON COPPER SHARE SALES.
Boston copper share sales of Feb. 26,
1912, furnlshtd by Hayden, Stone A- C«>
Adventure 10. Algomah 435, Allouez 20.
Amalgamated 895. American Zinc 205,
Arlrona Commercial 10. Butte A Corbin
25. Butte A Bnllaklava 25, Butte Coali
tion 179. Cal. A Arlx. 180. Cal. A Ilecla
7 ft. Centennial 1 0, Chino 176. Cons.
Mercur 1090. Copper Range 155. Daly
VVeet 10. East Butte 75. Giroux 185.
Franklin 165. Granby 25. Greene Ca
rtm ea 136, Hancock 30. lledley Gold
876 Inspiration 10k. do rites 6246, Isl
and CreeJ nref 26. Isle Royale 386. Kerr
Lake 29. Lake Copper 65. LaSalle 50,
Vis*oti Valley 160, Mass 60. Mayflower
3669. Michigan 30, Mohawk 55. Nevada
Cotta. 20, New Arcadian 200, New Idrla
J"6. Ni pissing 133. North Butte 325.
North Lake 400. Ojlbway 10. Old Colony
Mining 6466, Old Dominion 152. Osceola
2.V., Pond Creek 615. Quincy 815. Ray
■X'4s« S4M» » ••
87.. Superior A Boeton 850. Tamarurk
30. Shattuck A Arizona 10. Trinltv 465.
'Union Land 6i>o. IT. H Smelting 465, do
sJ»'r*f 106,. Utah Apex 100. Utah Cons 40.
I »*li Copper 140. Victoria 125. Winona
Ij. Wolverine 60.
BOUTON COPPER I.ETTEn*.
i Reported for The Times hy Paine,
V vbbei A Cfr, Feb 17; London metal
mutUmf r>p«n«..t—firm; spot. f»U—Sra
unchanged; futures, (64 16s 3d. un
changed. The Boston market so far
lias ruled very quiet today, no special
features, ar.d prices, as a rule, are a
slu.de lower than yesterday’s close.
Tilt political situation Is arresting
more attention with Inteators iucllnad
to be rather eutHlo.*»»i r— —
Reported for The Times by Hayden.
Htone A Cos.. Feb. 27: The Boston eop
per share market is a very dull affair
with price changes small and Insignifi
cant. Mayflower and Old Colony con
tinue active at about last night's clos
ing prices. Fractional declines are
noted in some hitherto active Issues,
but there Is absolutely no pressure
against the market us a whole.
DETROIT STOCK EXCHANGE.
Local stocks.
Bid Ask
Acme White Lead. com.. 29% ••••
Do, preferred A
An.crlcan Lumber 50 ••••
American Ship’bldg. com •• • • "JJ
Do, preferred 1?® 103
Burroughs Add. Mac. Cos. 3j«
!Uommonw’th P. A L. Cos. 64% *
Do. preferred *'.• %
Cities Service. com
Do, preferred 8- H *
Deuolt A Clev. Nav. Cos. 101
Detroit Creamery C 0.... 1# » ,1, *
Detroit Edison Cos *"*
Detroit Fire A Mar. Ins. 130
Detroit J. A Steel com. •• • • *
Do. preferred *®%
General Motors Cos., com. 29%
Do, preferred 73 % •• -
Ireut Lakes Eng. Works .... lUI
German-Amerlcun Sugar 14 ••••
Iron Silver Mining C 0... 100 ••••
Hayes M/g. Cos 98 •• • •
Holland-St. Louis Sugar
Lozier Motor Cos * ••••
Michigan Fire A Mar. In. 86% 93%
Michigan State Tel 99% 701 i
Michigan Sugar Cos., com. 94 9®
Do. preferred *o®
Mexican Crude Rub. Cos. la%
National Grocer, c0m.... 34
Do. preferred 87 90
Packard Motor, pfd *oi%
Parke, Davis A Cos HO **" *
Reo Motor Truck C 0.... 9 9-*
Reo Motor Car Cos 20 e*
Scotteu-Dlllon Cos
Standard Screw Cos. com. •*
Do, preferred ®1 ••••
Standard Accident Ina. 116 ••••
Trussed Con. Steel, com. 20 ....
Do. preferred 10%
U. S. Radiator, c0m.... 10 12%
Do. preferred •*
U. S. Motors, com H
Do. preferred 41%
White Star Line
Wolverine Port. Cera. Cos •%
Baraka rarad Trust Craraepraralera.
Bid Ask
Central Savings 260 ....
Detroit Savings 260 ....
Detroit United 185 ...*
Dime Savings 190 200
First National 180 18*>
Fairview savings ...... 125 ....
German-American 140 • • • •.
Home Savings 280 ••••
Metropolitan State I®®
Michigan Savings 63®
National Bank of Com.. 180 ....
Old Detroit National.... 168 ....
Peninsular State 174 ••••
People's State 240 200
Wayne County Savings. 240 ....
Detroit Trust Cos 260 ••••
Security Trust Cos 219 *26
Union Trust Cos 149 ....
LIVESTOCK.
EAST BUFFALO— Opealrag.
Duaalrag A Stex eras’ Live Stork Report.
EAST BUFFALO. N. Y., Feb. 27. —
Cattle: Receipts, five cars; market,
strong; best 1,400 to 1,600-lb. steers,
$7.60(| 8; good prime. 1,300 to 1.4U0-lb.
steers. 1" 4*7.25, good prime. 1.200 to
1,300-lb. Steers. 7; best 1,100 to
1,200-lb. shipping steers, 36.2544 6.60;
medium butcher steers. 1,000 to 1.100
lbs . $5,254*6, light butcher steers, |4.6«
05; best fat cows. $5 0 5.60; fair to
good do, $40*4.60; common to medium
do. $3.250 3.75; trimmers. $2.500 3; best
fat heifers. S6O 6.50; good fat heifers,
$4.750 5.25; fair to good do. $4.250 4.65;
stock heifers. $3.26 03.50; best feeding
steers, dehorned, $4.500 4.75: common
feeding steers, Stockers, all
rr&des, $3 600 4; prime export bulls. |
5 5006; best butcher bulls, $506 25,
bologna bulls. S4O 4.50; stock bulls.
93.25 04; best milk® l- " and springers.!
$450 65; common to good do, $25055.
Hogs: Receipts. 10 cars; market,
strong; $7: yorkers, $7; pigs, $6 75.
Sheep. Receipts. 15 cars; steady, top
lambs. 67.25; yearlings. SSO 6.25; weth
ers. $4.760 6.25; ewes, $4.250 4.75.
Calves: $5 o*ll.
K.4VT Bl FFALO—Closing.
EAST BUFFALO. N. Y„ Feb. 27.
Cattle: Receipts, 150 head; market,
strong; prime steers. $7.600*8; butcher
grades. $3.600 7. Calves: Receipts. 10.)
head; market, active; cull to choice. $6
011.50. Sheep and lambs: Receipts,
6.000 nead; market, slow; choice lambs,
$707.35, cull to fair, $5.5006.90; year
llaga. $5.750 6.26; sheep, $2 06.25. Hogs;
Receipts, 1,700 head: market, active;
yorkers, $6.8507; pigs. s6>o; mixed,
$6.900 7; heavy. $6.9007; roughs, $5 75
00.15; stags. SSO 5.50.
UNION STOCK YARDS.
UNION STOCK YARDS, CHICAGO.
Feb. 27. Receipts, 18,000 head;
market, firm, 5010 c higher; mixed ard
butchers. $6.1006.40; goed heavy, $6.10
04.46: rough heavy, $6.1006 25; light,
$6.0506.37%; pigs. $4.4006.15. Cattle:
Receipts, 4,600 head; market, strong.
lOO2UC higher; beeves, $508.50; cows
and heifers. $2,200 6.70: Stockers and
feeders. $4 0 6 30; Texans, $4.7005.90;
calves, $5,500 7.76. Sheep: Receipt®.
15,000 head; market, strong to 100
hlgner; native. $.1.1004.90; western.
$3.3004.90; lambs, $4.5007; western, $5
07.15.
CLEVELAND.
CLEVELAND, 0., Feb. 27.—Hogi:
Receipts. 2,u00 head, 16c higher;‘heav
les and mediums, $6.70; mixed, yorkers
and lights, $6.75; pigs, $606.50. Cat
tle: Receipts. 3 cars; steady. Sheep
and lambs: Receipts. 12 cars; $7.10 top.
Calves: Receipts, 100 head; $lO top.
NF.W YORK PRODUCE MARKET.
NEW YORK. Feb. 27.—1 lour; Quiet
find steady. Pork; Quiet; mess, 317 89
17.60. Lard: Dull, middle west spot,
35.504f5.90. Sugar: Raw. dull; centri
fugal, 96 test. 34.80; muscovado, '<9
tesr. 14.30: radl * 1 steady; cut loaf.
96.60; crushed, 36 50; powdered 35.90
granulated, 95.80fi5.95. Coffee: I
Rio, No. 7, on >rpot, 14 %c." Tallow: In
active; city, 6c; country, f»%Q6**c.
liay; Steady; prune, 31.35; No. 3, 91 W
1.10, clover, |l*l 1.20. Dressed poul
try: Steady, turkeys. 12tfr2lc; chickens,
12749240; fowls, 13t/'l6c; ducks, 12(r
22c. Live poultry: Unsettled; geese.
12u lie; ducks, 174*135; fowls, 13*4% |
14 *4c; turkeys, 154/16r; roosters, 9%c;
spring chickens, 126312 %<-. Cheeac
Firm; fjdnto milk, common to specials.
14 74»#l#%c: xknns, cun.mon to sps
,claU, 7%ft 14 %c.
Butter: Firmer; rerelpts. 7.631;
creamery extru. 2S>7*jc; state dairy tubs.
286129 c; Imitation creamery firsts. 26c.
Eggs: Unsettled; receipts, 18.341;
nearby white fancy, 39c; nearby mixed
fancy, 35c; fresh firsts. 364j37c.
CHICAGO PROVISION M \RKRT.
CHICAGO, Felt. 27. Butter: Extras,
28e; firsts, 2<‘.r; daily extras, 26c; flrsis.
I 24c. Eggs. Prime Itrsts. 30c; nrsts. 26
j«27c. Cheese: Skims, 16%#* 17c; young
Amerlias, 1774 f w 17 74*?. Potatoes: 1105
091.10. Live poultry: Fowls, 14 f| 14 %«•;
dm ks. 154/ 16c; geese, 10© tic; turkeys.
13 4* 137jC.
U. S. GOVT BONDS. ,
Bond quotations reported by Hayden,
Stone & Cos., Feb. 2?:
Nev 2s registered 100% 100%
Do, coupon 10*1% 100%
New 3s registered 102% 102%
Do. coupon 102% 102%
New 4s registered 113% 113%
Do. coupon 113% 113%
NEW YORK COTTON.
Cotton prices reported by Hayden.
Stone A Cos., Feb. 27:
March 10.06 Jo.2it
.Wav 10.22 10 36
July 10.34 10 42
August 10 38 J0..18
October 1U 42 10 |0
December 10.47 10.65 j
THE DETROIT TIMES: TUESDAY, FEBRUARY 27, 1912.
PRODUCE.
Anita—l3llo*l° PM- . .. ..
Urararararaa—Good shipping stock, s**•
0 2.2 ft.
Urrbh— Dried Lima. 707%0 lb.
(’■llforrala Fruits — Grape Tokays,
41.75'(ft 2 per box.
. u»itry llniHt grown, —4®oe®e —ft**'
doz. California, $» per crate; slOl-2ft
per dox. _ ■ .
( Nul*flo«*er—7so ssc bu.
Cabbage —tc |>tr lb.
CLeeae— Michigan 'flats, lft%o 19c;
late made, 17#17%c; New York flats.
■ 190ctaedtlars. domestic
[aulia.
Tmr-orted Swiss, ss 4r ale; L»t»ourg®f,
17%0 19c; brick cheese. 20021 c lb.
Craaberrleoo— Late liowes. 31. v 0 par
bu: $9.50 per bbl.
Dales IVrsiun new. 6%oftc per lb,
Fards. IOOIO%c per lb.
Urt-sseg Cralvera —Fancy, 9 016 c; com
moil* 6Sc lb.
lirrMcd Hon* leU;ht to mediums
7%c. heavy. 6g«%0 lb.
Ki*s Imported new, 11016 c per lb;
California. 25c lb.
Flu ns u Daddies—3o-lb boxes, 8 09c
per lb. _ .
Fresh Vegetables Cucumbers, hot
house. $1.7302.25; lettuce, hothouse,
15c lb; bead lettuce, $1.60 dox; onions,
’2%c doz; green peppers, 76c per bas
ket carrots, 860 90c bu; shallots, 80
otlc.
(■rape Fruit—Florida. $3 50 07.
(■rapes—Malaga*. $6 01 bbl.
Hone*—Fancy white. 19 0 20c: am
ber, i7O 18c; extracted, 10011 c lb.
I4a>—Detroit shippers are paying tha
following prices for haled hay In car
lots. f o. b. Detroit: No. 1 timothy.
s2Do2ic; No. 2 timothy, sl9 020; clover,
mixed. $18019; rye straw. $8.5009;
wheat and oat struhr, $808.50. Loos#
markets ranged from $22 026 as to
quality
Hides No. 1 cured. 12%c; No. 1
preen, 10%c. No. 1 cured bulls. 10c; No.
1 green, 9c; cured calf No. 1,17 c;
REPORT OF THE CONDITION
of
a
the Fli rst National Hank.
OF DETROIT.
At the close of business February 20th, 1912, as rendered
to the Comptroller of the Currency
RESOURCES.
Loans and Discounts $14,056,517 .49
Overdrafts 3,717.68
U. S. Bonds 1,390,000.00
Bonds, Securities, etc 1,949,391.68
Safe Deposit Vaults, Furniture and _
Fixtures 195,117.32
CASH RESOURCES.
Due fromU. S. Treas- '
urer ... $ 165,500.00
Due from Banks 3,773,642.63
Due from Reserve
Agents 3,090,681.89
Cash on Hand 2,550,598.01
$ 9,580,422.53
$27,175,166.70
, LIABILITIES. ~
Capital Stock paid in $ 2,000,000.00
Surplus Fund 1,000,000.00
Undivided Profits 433,479.33
Circulation % 962,520.00
Deposits 22,766,895.39
Reserved for Taxes. « 12,271.98
' $27,175,166.70
STATE OF MICHIGAN, County of Wayne, ss.
I, Frank G, Smith, Cashier of the above named bank, do solemnly
swear that the above statement la truo to the best of my knowledge
and belief.
FRANK G. SMITH,
Cashier.
DIRECTORS:
Dr. J. B. Book George Hendrle Cornelius J. Reilly
Win. J. Chittenden Robert Henkel Stephen Y. Seyburn
Emory W. Clark Gilbert W. Lee James D. Standish
Den M. Dickinson Cyrus E. Lothrop Albert L. Stephens
Clinton G. Edgar Philip H. McMillan Frederick B. Stevens
J. S. Farrand, Jr. M. J. Murphy Elliott G. Stevenson
Edward Ford Thomas Neal A. E. F. White
Dexter M. Ferry, Jr. Charles L. Palma H. K. White
Charles F. Hammond William C. Williams
4%
Union Trust Company Certificates of
Deposit yield 4 per cent yearly;
interest is remitted semi-annually.
They are payable on a fixed date,
and may be renewed without presen
tation. /
Safety and convenience are combined
in this plan.
Details are yours for a call or a
letter of inquiry.
Union Trust Company
Detroit, Mich.
Absolute Security
THE PEOPLES STATE BANK
* \ I s *
Cor. Fort and Shelby Streets
Offers to patrons a safe and convenient depoaltQry for Saving or
Trust funds.
102 WASHINGTON AVENUE (ARCADE)
COR. WOODWARD AND PIQUETTE AVES.
COR. GARFIELD AVE. AND RUBSEL.. BT.
BAacR AND t»T.
wOR. GRATIOT AND RIOPELLE STS.
COR. MICHIGAN AND JUNCTION AVES
COR. RUSSELL ST. AND LYMAN PLACE
2200 JEFFERSON AVE. W. (DELRAY)
Assets Over Thirtv.eiv Million Dollars.
gr««n calf. No. 1. lie per lb; hora*
Hutr., No. f, $8 71; NO t $171; ah.rap
• Mi.ft. aa ta wool. 26c0|1»0. No. 2
hides, le off on kip. l%« «*£ .
.I »u«n«»—California. s4os 2ft* Moaal
uas. SSO 5.60 box.
I Imrft—s 1 0 I.2ft dOX. , _
>Hto— Hickory nut*, largo, slol2s.
•hellbarks. *o lb; buttrarnuts. l%c;
black wlniita. 1 %C-_Jlgr lb,
onion* —Yellow, $3 per bn; lp»n
--l„h. $2.3102,15 per crate; Bermudas.
$3.60 per crate.
Orrarage*. California navele. fancy.
930 4; choice. $2.5003 per crate;
Florida!, S3O 2.76 per bo*.
Poultry—Springs No. 1,14 c lb: No.
lie: fo»D. ITo: No. t. 10’tOnc;
f\'ftW, Tltrr (tacita. yoo ti«r. 155* 4 arfcey*.
l$o; dreesed geese. 14c, ducks. 14c;
chickens. 16c; hens 14c per lb.
(Mgerapplee—Florida s, 14.6006 errata
BLDIN HITTER.
ELGIN, 111.. Feb. 27.—The board of
trade yesterday announced the price
of butter at £8 cents a pound, an ad
vance of one cent over last week’s
quotations. The market is Arm w.
an output of 726.000 pounds. Effort*
of the Chela go delegation on the board
to secure a higher price were on er
ruled. _
\KW VOHK MOAKV MARKET.
NEW YORK. Feb. 27 —Money rn call.
•*% pi r cent; tlnte money, 3% ptr cent
for six months; bar silver—-London.
L’t; n-18d: bar silver—New \ ork. jß*,c;
demand sterling, 44.87.3904.87.2 ft.
kerantor Dnporat Iraelten lagralry.
\\ ASHINGTON. I'vli. 27.—Arising i<>
a question of person.il prlv’lUge. Sena
tor Dupont (Rep, Del.) today emphat
irally dented to the senate the truth
of the charges contained In the Reed
itsolution providing for an Investiga
tion of DupontS election, lie said he
Invited inquiry.
Why Investors Favor
Union Trust “C.D.’s”
The Detroit United Bank
omrKU
FRANK B. ICELAND, President
FRED M WARNER. Vice-Free. lIKNRY M ZIMMERMANS’. Vlce-Pre*.
CHARLES B CRAMER. Caehler.
Capital Stock Paid 1n....' 1250,000
Surplus 86,000
Additional Stockholders’ Liability 250,000
Total Stockholders’ Liability $585,000
STRICTLY TTSAVINCSTHtNK
Interest at per Annum
Paid on deposit from the day of deposit to the date of withdrawal.
STATEMENT SHOWING CiROWTH OF DEPOSIT* AND ASSETS OF
THIS H% Mi IIIHIMi THE LAST MAE lEARS AS THEY APPEAR ON
THE llEt OKDS OF THK STATE ts A.>kl\U DEPARTMENTt
Deposits. Assets.
February 6, 1903 $ 202.710.47 $ 304,562.81
Jauuary 22, 1904 340,858.87 450,669.56
January 11, 1905 472,505.97 583,922.15
January 29. 1906 863,269.29 983.738.45
January 26. 1907 1,372,303.29 1,511,551.78
February 14, 1908 1,459.474.32 1.720,313.50
Febniary 5, 1909.. 1,670,555.43 1,945,180.99
January 31, 1910. . '... 2.293.782.26 2,588,106.45
March 7. 1911...., 2.679,618.30 3.008,750.89
February 20, 1912...., 3,294,425.73 3,647,697.48
REPORT O/ THE CONDITIO*
OF
THE DETROIT UNITED BANK
At Detroit, Mich., at the close of busi
ness, Feb. 20, 1912, as called for by
the Commissioner of the Banking
Department:
RESOURCES.
Bonds, mortgages and se
curities. vis 92.965,389 73
Due from other banks and
bankers 115,094 15
RESERVE.
Due from banks
In reserve cit
ies 8398.173 44
Exchanges for
clearing - **>
house 2.146 65
U S. and Na
tional bank
currency 29.509 00
Cold coin 136,987 60
Silver coin 221 85
Nickels and
certs 175 16
Total 93.647,697 43
LIABILITIES •
Uupltal stock paid In .9 250.000 00
Surplus fund 85.000 00
Undivided profits, net..... 18.271 75
Savings deposits (book ac
counts) 2.752.648 52
Savings certificates of de
posit 541,777 21
Total 93,847.697 41
State of Michigan. County of Wayne, ss:
I, Charles B. Cramer, cashier of the
above-named bank, do solemnly swear
that the above statement Is true to the
b< st of my knowledge and belief and
cotrtctly represents the true state of ,
the several matters therein contained,
us shown by the books of the bank.
CHARLES B. CRAMER. Cashier.
Subscribed and sworn to before me
this 24th day of February. 1912.
MAYBKL C. OLIVER.
Notary Public.
My commission expires May 6. 1914.
Correct —Attest:
A F. I’ECK.
HENRY W. STAND ART.
HENRY M. ZIMMERMANS'.
Directors.
Send for booklet BANKING BY MAIL.
Address all correspondence to THE DETROIT UNITED BANK, 200
Griswold St., Detroit, Mich.
STATEMENT
Central Savings Bank
February 20th, 1912.
LIABILITIES.
Capital Stock % 100,000.00
Surplus 100,000.00
Undivided Profits 45,207.07
Commercial Deposits 658,439.74
Savings Deposits 3,650,945.78
Total $4,554,592.59
RESOURCES.
Bonds and Mortgages $2,557,146.61
Loans and Discounts 1,196,680.70
Overdrafts 1,006.82
Banking Houses and Real Estate 96,169.01
Cash on hand and in reserve 703,589.45
Total $4,554,592.59
OFFICES:
Majestic Building. Grand River and Fourteenth Aves.
St. Aubin and Canfield Aves.
Per Cent Interest Paid on Savings.
Checking Accounts Opened.
CONDENSED STATEMENT
The Home Savings Bank
DETROIT, MICH.
At the Close of Business February 20, 1912.
RESOURCES
Bonds and Real Estate First Mortgages... .$ 4,376,761.74
Collateral Loans 2,163,466.55
Loans and Discounts 2,521,688.44
Banking Houses and other Real Estate 364,785.24
Cash on hand and in banks 1,798,579.91
Total Resources $11,225,281.88
LIABILITIES.
Capital Stock paid in $ 750,000.00
Surplus Fund 700,000.00
1 Adi Vided FrOfttS- - - r-r-rr rm-rrmr r-r rvrrr - 41,887^93
Commercial Deposits 1,899,153.53
Savings Deposits 7,834,240.42
Total Liabilities $11,225,281.88
REPORT OP THE CONDITION
OF THR
DETROIT SAVINGS BANK
At Detroit, Mich., at the close of busi
ness Feb. 10. 1912. as called for by
the Commissioner of the Banking
Department: a
RESOURCES.
—Laana and dlaeounla, vis; r
Commercial
dept 91,345.463 85
**'"••• <■«■>» • ”'■»« V, „
Bonds, mortgages and
securities, vis:
Commercial
h dept. . . .777$ ITT, 194 50
Havings dept.. 7,049.339 S3
iJL- 7,241.733 83
Premium account -75 22
Overdrafts .
Branch hanking houses,. 141,721 26
Other real estate on bund
unsold 49,626 20
Contracts for real estate
sold ~.. 258,342 69
Duo from other banks and
bankers 100,000 00
Items In transit........ . 486 97
RESERVE.
Commercial—
Due from banks
Ir. reserve cit
ies 9214,482 68
Exchanges for
clearing
house 38.537 35
U. H. and Nu
‘ tional bank
currency 212,068 00
doht coin 7.800 00 *
Silver coin 39,236 77
Nickcla und
cents 2,048 95
|STTI73 75
Savings—
U. S bonds.,| 200.000 00
Due from
banks in
reserve
cities 1,154,332 41
U. H. and Na
tional bank
currency .. 300,000 00
Gold coin 297.380 00
$1,961,712 41 2,466,886 16
Checks and other cash
Items 13,695 31
Total 112,227,210 60
LIABILITIES.
Capital stock paid in.... 1 400,000 00
Surplus fund 400,000 00
Undivided profits, net.... 393,937 53
Commercial
deposits
subject to
check 91.103.492 39
Commercial ,
certificates
of deposit.. 363,510 55
Certified
cheeks .... 2,223 21
Cashiers’
cheeks out-•
standing ... 8,632 31
Due to bunks
and bankers 88,130 38
Savings de
posits < book
uccounts) .. 9,243,496 55
Savings
certificates
of deposit.. 223.787 68 11,023,273 07
Total 312.227,210 60
State of Michigan. County of Wayne, ss:
1, Cyrus Boss, cashier of the above
named bank, do solemnly swear that
the above statement Is true to the best
of my knowledge and belief and cor
rectly represents the true state of th**
several matters therein contained, us
shown by the books of the bank.
CYRUS BOSS, Cashier.
Subscribed and sworn to before me
this 26th duv of F*d>ruary, 1912.
GEORGE S. BAKER. Notary Public.
My commission expires Jan.- 6, 1910.
Correct —Attest: —*
ARTHUR M PARKER.
PAUL F BAOLEY.
CHARLES A. DEAN,
Director*.
REPORT OF THE CONDITION
OF THB
Wayne County Savings Bank
At Detroit, Mich., at the close of busi
ness Feb. 20, 1912, as called for by
thu Commissioner of the Banking
Department.
RESOURCES.
Loans and discounts, viz. f 3,786.691 23
Bonds, mortgages and se
curities. vmz 9,512,128 74
Premium account (United
States bonda) 80,000 00
Banking house .*.... *125,000 00
Items in tfunsit 30 00
f RESERVE.
U. S bond*. . 8 225,000 00
Due from
banks in
r» serve
cities 1.607,717 S3
Exchange*
for clear
ing house.. 29,112 44
U. S. and na
tional
bank
currency 388,167 00
Gul l coin 356.106 00
Silver coin... 15,679 76
Nickels and
cents 1.905 33 2.623,606 86
Checks and other cosh
items 10 00
316.027.466 81
LIABILITIES.
Capital stock paid in.... 9 1.000,000 00
Surplus fund 1,000,000 00
Undivided profits, net.... 415,022 67
Savings de
posits
(book ac
counts) ..912.923.667 0t
Savings
certificates
or deposit 673,476 52 13,597,143 60
Reserved for taxes, inter- *
est, etc 15,290 54
Total 316,027.456 41
State of Michigan, County of Wayne, sa:
1. Joseph T. Collins, treasurer of the
above named bank, do solemnly swear
that the above statement la true to the
beat of my knowledge and belief and
correctly represents the true state of
the several matters therein contained,
as shown by the hooks of the bank.
, JOSEPH T. COLLINS,
Treasurer.
Subscribed and sworn to before me *
thU 24th day of February. 1912.
GEO. 11. JOHNSTONE.
—.Rotary. Public,
Oakland County, Mich.
My commission expire* June 11,1916.
Correct —Attest:
J. B. BOOK.
WM. V. MOORE.
CHAS. F COLLINS,
Dlractora.
EXCLUSIVELY A BANK FOR SAVINSS
DIRECTOR*.
J E BOOK 11. KIRKE WHITE
CHAS F COLLINS WM. S. GREEN
FRANK H.CROUL WM. V. MOORE
FRANK Mi. EDDY 15. Y BEYBURN
D M FERRY. JR. A L BTEPHENS
REPORT OF THE CONDITION
OF THB
DETROIT TRUST COMPANY
At the close of business on the 20th
day of February, 1912,
RESOURCES.
Collateral loans, time. .. .01,619,908 60
Collateral loans, demand.. 138.594 72
Loans on real estate mort
gages, In office 170,609 «1
Leans on real estate mort
gages, with state treas
urer 199.050 00
Bonds in office 1,137,372 68
B<»i ds with state treasurer 15,000 00
| Advances to trusts 6,636 98
Premiums paid 1,441 00
I (’ash In banka. In office
amt rush items 2,410,169 00
36.567,990 69
LIABILITIES.
.Capital stock paid 1n... r .91.000.000 00
Surplus fund 1,000,000 00
Undivided profits, net 404,024 •«
.Trust deposits 4,087,711 46
Accrued Interest jnd tax
-01 .. * 97,111 5 5
, Reserved for dividend*.... 0,881 22
36.667.998 09
EXECUTIVE COMMITTED
•Arthur 1!. Buhl Julius H. Haas*
Edward II Butler Alex. McPherson
James K. Danaher Sidney T. Miller
{ John M. Dwyer George Peok.
Frank W. Eddy

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The Detroit times. [volume], February 27, 1912, LAST EDITION, Page Page Eight, Image 8
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920