The Detroit times. [volume] (Detroit, Mich.) 1903-1920, March 12, 1912, LAST EDITION, Image 10

Search America's historic newspaper pages from 1777-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'The Detroit times. [volume] (Detroit, Mich.) 1903-1920, March 12, 1912, LAST EDITION, Page Page Ten, Image 10',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83016689/1912-03-12/ed-1/seq-10.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83016689/1912-03-12/ed-1/seq-10.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83016689/1912-03-12/ed-1/seq-10/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83016689/1912-03-12/ed-1/seq-10/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

The Detroit times. [volume], March 12, 1912, LAST EDITION, Page Page Ten, Image 10
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

Image provided by: Central Michigan University, Clark Historical Library

Image: of 12.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (9.0 MB)

The Detroit times. [volume] (Detroit, Mich.), 12 March 1912. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83016689/1912-03-12/ed-1/seq-10/>

Newspaper Page Text

Page Ten
Markets and Finance
PRICE MOVEMENTS GO
HHHiiH* CHANNEL
MR? 9
Stock Market Opens Strong, But
Weakness Sets In Later
in Forenoon
R _
H. 1. STOCK. SiSKET —
t Am A* Ch#«n Cos 69 V Am Beet Sugar
Ain»l Cop Am c A*
[£©c J#V Am Hmelt 75'*. Am Su*
tin TAT 146. Am Wool Mi I *, do pfß9,
Anaconda 19. Atch 105 V Balt A Ohio
lj*V B H l l 79V Cmn P»c itlft. Con
Hath SOV*. dopf »*V Ch*» * ° «*\
Chino Cop 2*. C. M A «t F 10. V Q*»» *
S ii|k col K A 1 24 4. Con Gas 140’*.
Corn Prod UV Del A Hud 170. DAK
b 21. Erie 344. do , 1 »* P L I4 *;
pt 444. Gen Bloc 166. Ot Nor Pf 132’*,
(It Nor Ore ctf 2**4. Ill* Coni 1264. H* l
Met 16*4. do pf 62*4/ L*h >»1 i62, L A
Na.lt 1664. M. K A T il. do pf 624. M ;
«t 1' A St St* M K 40'.*. N X.C
Y pAW 26V*. Nor A W 106*«. N® rt h
Pac IIP. Penn R K 123 V a
1064. Press »t Car 31V Roy Con. 1.4.
Head 166. Bop 1 A St 19 V do pf tIH.
Jtock 1.l 23L. South Pav 10*4. Booth
Ry 264. do pf 74. Tenn Cop 3. U. t »>»oi»
Pi»c 1664. U S Rub com 49 V U » Steal
do pf 110> t . U S Bond. 102:*. \ lr-
Rr Chem 63 4. Utah Cop M%.Wabaah
7. do pf I$V Went In Tel 65. We.t Mfg
( xkw YORK. March 12.— The otock
market opened strong today, the ma
jority ot stocks showing gains over
lalt~*ilbfl close. .
11 a. m.—After the early
price movements were confined t*ith*
ia a narrow range.
Governments unchanged; other
feondf firm.
Noon -Trading was dull in the late
forenoon. ...
2 p. m.—Prices showed little change
in the afternoon.
Report. 4 for Tho Time* by Harden.
American Agri Chem Cos. 69’* 65*4
Beet Sugsr... 66 , «v
Jtir.algamated Copper ... *0 * *
*Ain*-rlcan Car A FtHHtdry 64
America* Locomotive .. S6-,
American Smelting <4\ *5-
Amerlcan Sugar ....... 11» “i* |
American Tel « Tel... 1«» **JJj |
ifeSLES :::::::: ;{*
Ball'more A Ohio 1 ® 3 ?»
Brooklyn Rapid Tran.lt .9 4 • • *
Canadian Pacific 314 “il ■
Central Leather 20 -0
. Do. preferred *6 »6 *
Cnerapeake A Ohio -»4
r* \i &St Faul 10*4 10. j»
Chlc.ro * Northw..t.rn HI 1« .
Colorado Fuel * 1r0n...
Consolidated Oa. *{• • *l2 *
Corn Products Jl4
Delaware A Hudson. I>Q *l®
v,T* r *. ° r *“SU fin
po/ilt pref ** 5J>
'Do. 2d pref “4
flenaral Klectric J{* JJn.
“Greet Northern pref ... 13-4 13_n
rRFSSBKF I£r
ijjX ijjc
M. St P. A ». «te. M. R. 137 13 .
New York Central 11- * J-
Norfoik a **y* Tn ?!/
Ein. R. 133 J»
r.ed St. Car »}4
_dlnJ nB . • • IMVp 166 *
Republic iron A Steal.. 19 4 19 4
Do. preferred ;14 *J4
Bock Island -jJ, 2
Southern Pacific 19*4 I«J4
8< uthrrn Railway ;*4 -* *
r Do. preferred '%
Cnton Pacific 1««4 'Jjjf
V B Rubber com 48 4 48 *
V. B. Steel *4 4 64 .
h ,i„°Tn r ..w 6 «5 «■!
I new YORK STOCK LETTER.
Reported for Th- Time* by Paine '
Webber * Cos.. March 12: After the Aral ,
fifteen minute* ih« tone In stock mar
ket wa* steady and price movement*
In the usually active Issues were con
fined In a narrow range. Activity,
however, wa* displayed In a number
of Issues which had not shared In the .
upward movement. Anaconda, which i
has lagged behind the rest of the cop- ;
per stock* wo* more active than for a
iona time, advancing over one point, j
crossing .9. At the same time Amerl- |
can Smelting and Amalgamated, after |
fractional advance*. lo*t nearly ali
their early gain. United States Steel i
common, which moved up % In the first |
half hour, later yielded to yesterday's
. closing figure*. Similar fractional ad
vance* and recessions were noted in
the Important issue*, a show of
Strength in the Initial trading being
attrlouled to buying by a room traJer,
who later changed to the selling side.
BOSTON COPPER
Reported for The Times by Hayden,
r htoiie A <*o. March 12;
Open. High. Low. 12 A M.
Adventure 7% 7% 7% 7%
Allouex 39% 24% 39 29
Arcadian 4% 4% 4 % 4*.
Arl* Coml 4% 4% 4% 4',
Cal. * Aria 41%, *l% *l% 61%
Cal. * Hecla. .420 4to 4Mi 4C.0
CentL Copper.. 20 2" 20 20
Chino 25% 25% 25*; 25%
Copper Range.. 56 64% 65% 5«
Dalv West.,,,. 3% 5", s’* 5%
East Butt# 12'i 12% 12% 12%
Franklin IS* 13% 13% 13%
Hancock 32 32% 32 32%
Lfsl* Roy ale ... 28% 28% 28% 28%
Keweenaw .... 1 1 1 1
Lake Copper... 37% 27% 3*% 36%
La Salt* »% 6% l», 5%
Maas. Con* 7% 7% 7% 7%
Miami 24 24 24 "24
N«v. Cons .... I®% 19% 19% 19%
Kipisslng 7% 7% 7% 7%
Worth Butts... 27% 27% 27% 27%
Old Don*. ..... 4*% 4*% 4*% 48%
Shannon 12 12% 12 12%
Hup. Copper.... 27% 27% 27% 27%
Tamarack 29% 29% 29 29
IT. ». Mining... 38 34 37% 37%
Do, preferred 48 48% 48 48%
TTtah Cons 1534 1« 15%, 16
Utah Copper... 66% 64% 66% 66%
Wyandotte ...) 2% 2% 2% 2V,
Indiana . ..... 14% 14% 14% 14%
North Lake i 4 I I
• Ray Cons 17% 17% 17% 17%
BOSTON COPPER MARKET— CIose.
Adventure. 7%; Arl*. Coml., 4%; Ar
cadian. 4%: Allouez. 39%: Bos. & Cor
bin, 7%; Boston Kly, 1%; Bay Htata
Gas. fit Cal. A Arts.. 41%; Cal. A Hec
la. 460: Cwntenl., 30; Chino, 26%; Cop
per Hangs, 55%; Daly West. 6%: Ka*t
Hutte. 12%; First National. 2 7-16;
Franklin. 12%; Giroux, 4%; Goldfield
Cona.. 4%: Oranhy, 34%; Gre4ne Can’s.
7%; Hancock. 32%: Indiana, 14%; In
spiration. 14%; Isle Royale. 23; Ke
weenaw, 3 13-14; La Rose. 37; Mass.,
7%; Miami. 24; N*v. Con*., 19%; Nipt*-
sing, 7%: North Butte. 28; North Luks,
•%: OJibway. 4%; Old Dominion, *»•.*;
Jtaven. 40; Ray Cons.. 17%; Shannon,
H%; South Lake, 6%; Hup. t opper,
2i %; Hup. A Boston, S%; Tamarack.
14; Utah Cons., 14; Utah Copper, 66% .
V S. Smelting, 34; do pfd., 41%; Wol
verine, JSI; AVyandott#, 2%.
BOSTON COPPKR *H IRE *4I K*.
Boston copper share sales of March
11. furnished by Hayden. Stone A Cos.;
Adv 34. Abtnek 20. Alloues 66. Amal
1644. Am Zlne 44, Arts Com 934. Butte
* Corb 144, Butte A Baliuk 246. Cal A
Arts 446, Out A Hecla 4. Chino 144. Con
■Jfercur 144, Coot Zinc 124. Cop Range
174. East Butte 347. Franklin 675. Gi
roux ISO. Granby 44, Green* Can 110.
Hsncoek 61. Hadley Gold 10. Indiana
144, Inspiration 104. Island Creek pref
«.» !kla floral* 1043. Kerr Lake .15. Lake
Copper tOl, LaSalle 104. Mason Valley
Aid. Usm Coo 146. Mayflower 416. Ml
and 60. MUhlaan 160. Nev Con. 65. New
Arced 565. Niplaslng 26. North Butte
1015. North Lake 25. OJloway 270. Old
C->1 Min 915. Old Horn 65. Osceola 4U,
Pond Cre.k 45(>. Quincy 30, Ray Cone
A Art. 300. South Lake 400. Sup Cop
560. Tamarack 120. Trinity 50. Tu
oultnne 176. I'nion Land 600, V H Smelt
32c do pref 20. I'tab Apex 200. I’tah
Con. 10. Utah Cop 25. Victoria 100
V.yundotte 125.
RONTON (OPPm I.ETTBH*.
Repotted for The Time, by Paine,
Webber A Cos.. March 12: London metul
market opened steady; spot, f64 7. 6d,
off 1. 3d; future*. i6S 2«* *'t. off 1a 3d.
The Boston market opened slightly
lower, with trading extremely light
The extensive profit-taking of me p»*t
few day* aecm. to be about over, very
little stock 1. l>«lng offered on this de
cline. The inability to make any
favcrable nrogie.e In the coal strike
will undoubtedly tend to keep the mar
! ket in a nervous condition for the next
lew days, -ludge Wel.t, of Lansing.
Mlrh.. natt ia.ued ;.n order restraining
j Osceola from holding it* annual meet
ling Thursday next, pplication for or
• der wax made by stockholders in
Michigun. who were actively opposed
to the consolidation plan a year ago.
BOSTON CURB
Reported for The Times by Ilaydcn,
Stone A t’o., March 1-’
Open. High. I.ow 12 A M.
Ray State Qua 31 21 31 21
Boston Kly .... I> s 14 *4 I *<
Firnt iiXtionkl. 2 2 2 2
•>oldfickl Cons... 4 s * t 4 4 4 4 4
Inspiration .... I*4 164 16 1 * 164
DETROIT STOCK EXCHANGE.
- Local Macks.
Acme White Lead. com. 3«4
Do. preferred ..:
Americun Lumber 50 *5
Atner. .Shipbuilding, com. .. . . 4*
Do. pteferiod 100 103
Burrouglia Add. Mach. Cos. 370 ....
Coni I’. A L Cos., com 65 4*
Do. preferred »0 4
Citle* Service, com • v>4
Do, preferred ........ S3'* >4
D. A C. Xav. Cos 102 4 ...
Hetroit Creamery C 0,... 19% 2t»4
Detroit Kdison Cos 119 4 l- 1
Detroit F. A M. Ins. Cos. 130 13 4
Detroit 1 A S& Cos., com. 7 8
Do. preferred lti'j
General Motors Cos., com. 31 33 4
Do, pr :ferred 7 7 7S 4
Great DPh Kng. Works .... 99
Ger.-Anter. Sugar C 0... 14 ....
Iron fcil'e. Min. C 0.... 125 150
Birrs Mnfg. Cos 166 ——
Holland-St. L. Sugar Cos 114
Loxie*' Motor Cos.. 72
Mich. l-\ A Mar. lux. Cos. 864 ....
Mich. State Tel. Cos., pfd. 100 103
Mich. Sugar Cos., coni... 694 91
Do, preferred 100 101
Mexican Crude Rub. Cos. 14 4 164
National Grocer, coin... 35 37
Do. preferred 86 4 #*4
Packard Mot. pf., x-dlv.. 104 4 106
Parke, Davis A Cos 112 114
Keo Motor Truck Cos 9 9 4
Leo Motor Car Cos 20 21
Scotten-DillonC Cos 604
Standard Screw Cos., com. .... 83
Do, preferred 93 ....
Standard Accident In. Cos. 136 ....
Trussed Con. Steel, com. 120 ....
Do. preferred 10 4 ....
U. S. Had. Cos., com 9 ....
Do. preferred 9 12
U. S. Motors, com 11 s * 12 4
Do. preferred % 42 44
TVnite Star Line 60
Wolv. Port. Cem. Cos 4 4
Bank* and Tract Companies.
Central Savings 255 ....
Detroit Savings 250 ....
Detroit United 185 ....
Dime Savings 194 200
First uXtiunai 179 186
Fa*rview Savings 125 ....
Gcnnaii-American 140 ....
Home Savings 265 ....
Metropolitan State 130
Michigan Savings 222 ....
Nat. Bank of Commerce. 180 ....
Old Detroit National.... 169 ....
Peninsular Slate -174 ....
People’* State 212 250
Wayne County Savings.. 240 ....
Detroit Trust Cos 260 ....
Security‘Trust Cos 219 225
Union Trust Cos 150 160
GRAIN AND PROVISIONS.
DETROIT. March 12.—Close: Wheat
had an easy opening on Tuesday, fol
lowing a decline in Liverpool, the point
that strength had been expected to
come from. For the time the bullish
pointer had no effect. The bulls felt
that strength should coine from small
stocks at Liverpool, small exports and
large decrease In the visible supply.
Bull* were inclined to credit the de
cline to the natural tendency of the
market to react, but there was dis
tinct disappointment at the failure of
Liverpool to show strength for prac
tically all the bullishness in the news
of the past few dave related to Liver
pool's small supplies and reduction In
otf< ring* and should have bMS more
strengthening there than in this coun
try.
A group of big Chicago houses sold
May wheat on a liberal scale late In
Monday's session when the price wa*
above f1.06 and till* looked to the
rank and file like an abandonment of
the bull position by the clique. Ltck
stein wa* accused of selling and that
gave commission hous?* a si*re. for
many customer* were long. At first
it was reported that the big holdings
were being liquidated, bi t this did not
receive much credit a* the chances for
success In a long bull campaign never
appeared to be better than now. Con
dition. both foreign and domestic, sug
gest strength and It Is believed that
good support will oevelop on any ma
terial decline.
Wheat was slow and weak on Tues
day, closing with cash 1c lower. May
l%c lower and the new crop options
%C lower.
The coarse grain* and seeds were
unchanged.
Wheat quotations: Cash No. 2 red.
11.09% asked: May opened with a loss
of Uc at $1.64, recovered %c and de
! dined to 31.03 risked; July opened at
1 tl, touched 3100% and declined to SI;
! September opened at 99c, advanced to
49%e and closed at 99c; No. 1 white,
93%c asked.
Coarse/ grain quotations: Corn —Cash
No. 3, 1 car at 49%c; No. 3 white, 2
car* at 7sc; No. 2 yalloV, 2 cars at
71r; No * yellow, 2 oars at 69c. Oats
—Standard, 1 cars at 67c; No. 1 white,
•*»4%c. Rye—Cash No. 2. 94c. Beans—
Immediate, prompt, March snd April
shipnx lit, 42 36; May shipment. |.'.40.
OfiTr-rser-d—T»rtmp spirt, tf*» bags ret
$12.90; March, $12.90. sample, 10 hags
at 312. H* bag* at 311.25; prime alsike,
312.90; sample alsike, 14 bags at 111.50.
Timothy *ecd-~ Prime spot, 75 begs at
f« 90.
Receipt* in the Detroit market Tues.
di*y were 1.220 bbl* of flour. 5 cars of
wheat. 6 of corn ami 12 of oat* Wlth
drawnls weru 1.200 bids of flour. 2.0J3
bu of wheat, 4.715 bu of corn and C.7uo
bu of oats Stocks are 493.817 bu of
vhtat, 196.566 bu of corn, 120.007 bu
of oats, 1.325 bu of barley and 25.596
bu of rye.
Receipts of wheat Tuesday: Minne
apolis. 182 cars, against 252 a year ago;
Duluth. 54 cars, against 20; Winnipeg.
640 ear*, against 351i; HI. Louis. 55.000
hu. against 67.0*0 bu: Kansas City. 14
cars, against 11; Omaha, 19 cars,
against 14.
Primary wheat receipts were 425,000
bu. against 428.000 hu a year ago.
Exports of wheat and flour Tuesday,
19::,000 hu.
Liverpool wheat closed %©%d and
corn %Hr*, and lower.
The world's wheat visible supply In
creased 4.622.000 hu last week.
TOLEDO OH UN AND PRODI CR.
TOLEDO, March 12. —Wheat: Cash.
81 C 2 %: May. 81.02%; July. 31.01%;
kept.. 9*%0. Corn: Cash, 71c; May.
73%e; July. 73%c: Hept., 7.1%e. Oat*:
Cash and May. 54%r; July, Cl%c; Hept ,
4t%c. Rye: Cash. 93c. Cloverseid:
Ca»h and March, 313; April, 312.74: No.
2. 612.75; No. 3. $12.55; {ejected. 112.2".
Als'.kc: Cash and Mar., 312.43. Timo
thy: Cash and March, 17 05. Butter,
eggs and hay unchanged.
CHICAGO GRAlN—Opealsg
CHICAOO, March 12.—Wheat:- May
down %c; July down %c. Corn: .May
down %c; July down %c. Oats: May
ami July down %c. Provisions higher.
Noon —Wheat: May ttn< hanged; July
uo %e. Corn; May uowu %c, July un
•'hanged. Oats: May and July un- I
charged. , ,
| Close—‘Wheat: May down 4c; Jul> I
■Tip —*it: —fnm Sttrj —ftxnsm —*?r:
down V. Oats: May unchanged, auly
down 4c. Provisions steady.
Wheat— .. ~.
May.... 1 044 1 04 4 * 03 4 *i.
Jiiy.... 994 100 7 994 si*» •
Sept... 964 *97 9k\ 96**
May... 724 724 *•»> M, 1 1*
Jul\... 72*. 724 v*>4 *!*■»
frpV 78*; xTgi; -TT- XSf2 *
. Oats — .... i
May.... 53\ &«4 »*4
July... 60’, *:-04 **»% *l*s
Sept... 43 *4* 4“-4 xs4-4.
Mai.. 13 93 1« 02 15 x»l6 92
.lul> . . 16 25 16 30 16 12 xl6 22
May 910 912 937 bf* 40
Jul> ... 937 9 60 9 62 9 60
May l **. 890 N92 »*5 890
I July. . . 900 902 892 08 9*
s-Soid. x-Aske.l *s-Bpllt. b-Rid.
LIVESTOCK.
BAST Rl Ff 11.0—Oprsls*.
Dannies A Mrirn*’ l.lne Ntaek Report.
1 b'. \ST BUFFALO. Mar. 12—Cattle. RC-
Iceipis 3 cars; market. *low; best 1,400 to
[ 1 (KL- lb. steer*. 67 25#7.76; good prime
isto to l. 400-il». Steers. $6.75©7 15;
1 good prime 1.200 to 1.300-lb steers, 66 2o
4/6 85. best 1.100 to 1.200-lb shipping
starts 9«ili 6 40. medium butcher steers,
} i»00 to 1.100 lbs.. light butch
er steer*. sl.so'<is; best fat cow*. $4.75
4 5 1.5: fair t«> good do.
mini to medium do. $'>413.50; trimmers.
f-'.234i 2.75; best fat heifers. $3.7541 6 26;
gi.od fat heifers. $4 50<1»3.15; fair to
good do. $ 14i 4 60. slock heifers. $3.2561
.3 j 0 best feeding steers, dehorned. $4 25
4il 50; common feeding steers. s3.2sfti l;
xtockers. all grades. $3 25<u4; prime ex
j.oit bulls. $5,501(6; best butcher bulls,
$1,751/ 5 26: bologna bulls. $44/4.50;
slock bull*. $3.25114; best milkers and
springer*. st 2 50t|50; common to good
do. $25 It 35.
lL(gs: Receipts. 20 cart; market,
strong; heavy, s7,lo'*i 7.20; yorkers,
$7 7t»Tf7 20; pig*. $6.25*r6.40
Sheep: Receipt s. 10 car*: market,
strong; top lambs, $7,504/7.50: >ear
s6.7sif6 25; wethers. $5,654(5.65;
Calves:
BANT BUFFALO—CIoaIag.
HAST BUFFALO. X. Y.. March 12.
Cattle: Receipts. 20U head: market, slow
and weak: prime steer*. $7.50h 7.76;
butcher grades. $3 4*7. Calves: Re
-1 eipt*. 200 head; matket. active and
60*' higher; cull to choice, s64j-9. s*>.
Sheep and lambs: Ke< eipts, 1,000 bead;
mat ket ■> tlve; choice lamba, $7.1 iA
7.15; cull to fair, $5,764*7.75: yearlings,
$6486.50; sheep. $2f(6.86. Hogs: Re
ceipts. 3 100 head. market, active;
yorkers, $6,801(7.20; pigs. $6,254(6.1";
mixed. $7,104(7.2"; iteavy, s7f»‘«.iO.
rough*. $5,904.( 6.25; stag*. sst/6 50.
UNION HTOIK VARUS.
UNION '9TOt*K ¥ARD«r C44ICACLL
March 12. —Hogs: Receipts. 17.000;
market. 3c higher; mixed and butchers,
$6.504/6.80; good heavy, $6 504(6.8";
rough heavy. $6,504/6.60; light. $6.15f)
6.1", pig*. $1 $54/6.10. Cattle: Receipts,
5.C00: market, slow and weak; beeves,
$54( 8.80; cows and heifers; $2,204/6.60;
Mockers and feeders. $1,104/6; Texan*.
$1 704/ 6; calves, $64/8 25. Sheep: Re
ceipts, 12,000; market, shade higher;
native. $3.75fi 5.60; western. $4.25415.70;
lambs. $5,25 4( 7 50; western. $5.754/ 7.55.
t'l.Et KLAND.
CLEVELAND. 0.. March 12.—Hogs:
Receipts. 2.000 head; 10 St 13c higtier;
heavies, mediums, mixed and ligiit*. $7
4/7.05; yorkera, $7.054i 7.10; pig*. s*>.l"
1/6.25. Cattle: Receipts, 5 cars; slow
and wtnk. Sheep ami lambs: Receipts.
8 car*: $7.25 top. Calves: Receipt*. 150
head; $8.75 top. #
PRODUCE.
The leading Items in the farm pro
dUcC list are rather on the easy side of
the market this week. The Elgin but
ter market was off a cent yesferday.
Egg prices were reduced a half cent
yesterday, and as Michigan eggs are
coining more freely right along it
lookt like lower prices still, at least
until the storage season begins. Dress
ed calves are in large supply, and deal,
ers tind some difficulty in keeping
cleaned up. Poultry receipts are only
moderate, but the market rules easy.
The strongest Item on the list is po
tatoes. Tne strength comes from out
side. however, a* there are plenty of
offerings at the price
Apple*— $2.75ft3.75 per bbl.
!>■■«>*»-Good shipping stock, $1.50
©2 25.
Ileaas— Dried Lima, 74# 7 %c lb.
iallfaraia Fruits —Grape Tokays,
f per box.
Cel*ry—Florida. $4 50©5 per crate;
|1 fit 1.25 per do*.
('■sllßonrr 76 ft 83c bu.
(’iibhagi 2©3%c per lb.
t’hee*«>— Michigan flats. 18%©19c; t
late made. 17% ©l6c; New York flats, j
19 8? 19 %c; Cheddars, 19c; domestic
HwTss. 19© 22c; block Swiss. 18© 20c;
imported Swiss. 29©31c; Limburger.
IT %@ 19c; brick cheese. 20 ©2lc lb.
« rsaberrles— La;<» Howes. $2.60 per
bu; $9.50 per bbl.
Date*— Persian new, 5% ©6c per lb;
Fards. 10©U*%c per lb. ,
Dressed Calvea— Fancy, 9©9%c; (om
ni“n, 6©Bc lb.
Dreaaed Hogs Light to medium,
7%c; heavy, 6©4%c lb.
Flga —lmported new, 11© 16c per lb;
California, 25c lb.
Fiaaaa Haddlea— 30-lb. boxes, 9©llc
per lb.
Freak Vegetable* Cucumbers. hot
house. |2.25 © 2.60 perdos; lettuce, hot
house. 10 ©He per lb; head lettuce,
$1.50 doz; onions. 12%c dox; green pep
pers, 76c basket; carrots, Ba©9oc bu;
shallots. 90c©>$1.
Grape Fral* —Florida .15 50©,.
Grapes— Malagas, 86© 8 bbl.
14«ta»>— Fancy white. 18© 19c; am
ber 15©16c; extracted. lOfclle lb.
Hay— Detroit shippers are paying th#
following prices for haled hay In car
let*. f. o b. Detroit: No. 1 timothy.
I20©21; No. 2 timothy. sl9© 20: clover,
IWKed, si*©l9; rye straw, $150©9;
wheat and oat straw, sß© 8.50. Loose
markets ranged from $22©25 as to;
QU Hl*4ea —No. 1 cured. 12%c; No 1 j
green. 10%c; No. 1 cured bulls. 10c; No. |
1 green. 9c; cured calf No. 1,17 c; j
green calf. No. 1. 16c P*r lb; horse
hides, No. 1. 33.76; No. 2. $2.75; sheep
skins, as to wool. 2ac© 11.50; No. 2
hides! lc off on kip* l%e off on calf.
Lemons—California $«©6.26; Messi
na*. 35© 5.50 box.
Limes— fl fi 125 do*.
Onion*— Yellow. $2 per bu: Span
ish $2 25© 260 per crate. 15.50 per cas<*;
Besmudas. $2.60 per crate.
Ori>tti»n ■ -California nitvclfl# fancy.
s3© t choice. $2.50© 3 per crate;
Flor.das. s3© 3.75 per box.
I , ».«l«ry—SprlnffS No. 1. 14%c©160 lb.
No 2 12c. fowls. 14 u. ©l6c; No 2. 12
ei‘c: geese. 13© 14r; ducks, young,
I7frlSc; turkevs 18® 14c lb.
VI uea pa lea—l'lor id as. 14.50©6 crate.
Fwtatwes -Or lota, track, Detroit,
are selling at 91.1001.16 bu; new' Ber
mudas. $2 50© 3 bu.
sgina—Detroit buyers are bidding as
follows: No. 1 skunk. $2.60; No. 3 musk
rai. 50c.
Sweet Potatoes —Jerseys, kiln dried,
92 10 if 2.20 per crate. ®
'I omatoea—Florida. $4.60 per 6-bas
kef ( rate, 80© 86c per basket.
'laiiow— No i. b%c; mrr-nro-ttr
Wool— MhliigYn unwashed wool for
southern, central snd northern sec
tions. %. % and % blood. 19© 20c; de
laine. unwashed, 16©l8c: common,
rough and tins, 14© 18c lb; f. o. b.
country points.
jorring PRirF.a.
Canned Goods —Apples, gals., $8.50;
baked bean* 1-lb. 60®40c; Lima beuns.
$101.25. Corn. Fancy Maine. M lu;
standard. 90c. Table beets. $1 25© 1.40.
1 Peas l’sn< y, early Juiif. $1.33; stand
ard 91; soaked. 60© 70c, Ha/tnon.
So. ke>v, tall. 82 33; fiat. 8-’ 40;Xluska
r»-us. $2.1«; Alaska pinks. 81.20. Torn*-
toes’ 11.4" ti l.s* sneer*!*t*b *l'
per do* Peas: Marrowfat, $1,15; early
June, $1.23; stfteu ear*) JuiH*. >. .
y> r d—.lobbtng prices In 100-lb, suck.«
Bran. S2S; coarse mlildllngs. 1-8; fine
middlings, *"2: - f*arse corn meal ami
cracked corn. S3O. corn and out eh»>p.
i $1 7 per ton. ... , ,
Floor- jobbing prices; Tle»t Mlciil-
Ban patent, $4 S.V second patent, 94.60
•iraiglit. sl.2"*. pure ryr, s.'*.2o, spring
patent. $5 90 pei hbl. In woo*l
Hardware —Nalls. 92 25 base; plain
sni euHd wire. $2 per «wt: galvonlsed
barbed w ire. $2.36 per soo-ji; Kali un
ited sheets. 28 gauge. $1 per «wt.
single hit him, bror/ed. $7.60 per dox;
polished, $’J per do*: black sheets. $*
per cwt {/ carriage bolts, small. 70 per
cent off. large *0 per cent off list;
machine units, smell. 7»» per cent off;
large. «»o per cent off list
oil Raw *ln seed. boiled lin-
THE DETROIT TIMES: TUESDAY, MARCH 12, 1912-
Fla—— ( Uoald It hr advisable «• latest la (be Uel4tS H*»d Mlaiag C£.
of I lacervllle, Idebot or la (be < a era do G«ld aad Copper llUls* <•- •* "*
lasiwaf *'• ” •
aTE ralcade Gold anTTTsppeF"'MliiTuii' ToTU DOl U very prowlblhit]
looking property in spite of the fact that the company on* e found
a ion of ore that ran s6l* to the ton. Apparently theie is ' er *
lit fie ore of that character or of any other workable character on
the property, and, further, there is no money in the treasury to develop
It. It is, therefore, not very attractive as an investment. In my opinion, it
la not likely to yield returns. Os course, it is possible that l may be mis
taken, but 1 cannot see any future for the company, it has little to stai.
with and is improperly equipped to start anything.
The Golden Hod Mining Cos. is in a very similar situation. Apparently,
it is nothing more than a prospect that haa been worked at with meag- :
results. There is little to induce one to part with good money to share in
ita future. *
Mining investments that can be safely caHed investment? are scarce.
The rate of mortality among mining companies is so extraordinarily high
that it is rather a bad game for anybody to play unlesa he has lots of
money to lose on long-shot gambles. The failures are not all caused by
Intentional dishonesty, though a fair percentage are duo to that cause.
More legitimate causes of failure are Insufficient capital, unquenchable opti
mism based upon little foundation and inexperience on the part of manage
ment and investors. *
1 do not see that the propositions of the Cascade or the Golden Rod
have any merit In them that will offset these possibilities, and it seems
to me that you can find plenty of good places for your money that will
yield considerably more certain returns, and nearly as large when you
take everything into consideration, than can be expected from these or
any other mining prospects.
seed, 74c*. Diamond headlight kero
sene, 9c; perfection. Koceae, 13v.
Crown gasoline*, 13c per gal; turpen
tine. In hbl lot*. 63c per gul.
Pro* Uloas— Mess pork. sl6; family.
$174/ 18.50; medium, clear, $144( 17.50;
hams. 13c; brisket*. llMnlle; shoulders.
l"c: picnic hams, 9*«c; bacon.. 124/ 13 l tc;
laru. in tierces, kettle rendered.
lO'xC lb.
xagarn—Corrected daily by W. H.
Eugar A Son: i rystal dominoes, 2 lbs.,
$9 do 60 lbn. $v»0; Eagle tablets.
$7.65; cut loaf. $7.15; cubes. $6.60;
2\XXN Powdered, $6.60; standard pow
dered. $6.55; grunuhtted. extra coarse,
s6.‘Ail; do fine in bulk. $6.15; do 25-lb.
cottons. $6.20; diamond A, $6.25; con
fectioners’ A, $6.1", No. 1, $6.15; No. 2,
$6 13; No. 3, $6 10; No. 4. $6 05; No. 6.
$6; No. 6, $5 95; No. 7. $:».90; No. 8.
$5.85; No. 9. $5.80: No. 10, $5.75; No. 11,
$5,707 Xo. 15. $5.65; So. tS. $9.6*; Nor
14, $5.60; No. 15, $5.60; household pow
dered. 5-lb. cartons, 18 to case, $6 80;
do 1-lb. cartons, 48 to case, $1 per 100
lbs.
BUTTER AND EGGS.
Ruttrr Extra*. 29c: firsts. 28c lb;
dairy, 21c: packing stock, 29c lb.
Ekks —-Current receipts, ca*** in
cluded. 19c per doz. Market steady. Re
ceipts on Tuesday, 438 case*.
NEW YORK COTTON.
Cotton prices reported by Hayden.
Stone A Cos., March 12:
Open. 12 A.M
March 10.46—.. 1".4C—..
MflV 10.59 —.. 10.48—..
July 10.69—.. 10.61—..
August 1".68—10.63—..
October 10.(2—.. 10.66—..
December 1.080—,. 10.77—..
V. S. GOVT BONDS.
Bond quotations reported by Hayden.
Stone it Cos.. March 12:
New 2* registered lOOtj 100 s *
Do, coupon too»* too\
New Js registered 102** 102 T ANARUS,
Do. coupon 102'a J"2 7 »
New Is registered H3*« 114 1 *
Do, coupon 113 S H4'A
N Y COTTON ....
NEW YORK PRODUCE MARKET.
NEW YORK. March I*.—Flour: Quiet
nd firm. Pork: Steady; mens. sl7fi>
17.50. Lard: Firth; middle west »pot,
$9.10419.20. Sugar: Raw, firm; centri
fugal. 96 test. $4.61: muscovado, 89
test, $4.11; refined, dull: cut loaf. $6.80;
crushed, $6.50; powdered. $5.90; granu
lated, $5.8U4/ 5.63. Coffee: Rio, No. 7,
on spot, 14 *„ 4/14 V*c- Tallow: Dull:
city. 6c; country. 5\ 4/ Hay: Firm;
I prime. $1.35; No. 3, sl.u7i* 1.15;
! clover. $14i1.02. Dressed poultry:
• Firmer: turkeys. 120 21c; cnickens. 16
>fc2l l ve*. fowl*. ducks. 13tr
22c. Live poultry: Unsettled; geese. 10
4Plle;‘ ducks. 17c; fowls. 164llti>)*c;
tiirkeys. 154/20c; roosters.
spuing chickens. 13c. Cheese: Strong;
state milk, common to specials. 15W
< IS 1 *?; skltns. common to specials, 7* 2
liv Butter; Bailer; receipts, miv
creamery, extra, state dalrv,
tub*. 23<I2SVic; Imitation creamery
l.rsts, 26 H 26 ‘jC. Eggs: Unsettled ; re
ceipts. 22,581; nearby white fancy, 24c;
nearby mixed fancy, 21c; fresh firsts,
2147 22*0.
CHICAGO PROVISION MAHICEI.
CHICAGO, March 12.—Butter: Ex
tra*. 29c; firsts. 28c. dairy extras. 27c;
first's. 25c. Eggs: Prime firsts, 19**0
2"c; firsts. 19c. Cheese: Skims. 17 Lit
17 young Americas. 17V*'ql8c. Live
/oultry: Fowls. 164/15‘ac; du< ks, 150
16c; geese, iOitllc; turkeys. 14</14*c.
(Potatoes: sl.lO.
Famous Old Sailor Introduces His Trusty Whale, and the Latter There
upon Tell* Hia Own Story For Boy and Girl Reader* of
The Detroit Times.
BY THE WHALE.
•'Thar she blows! Thar she blows!" That Is what the sailors cry
when they see me spout air unil water out of the holes in t»ie top pail ot
tnv head. Sometimes 1 spout water t>o or 70 leet high.
I am a Right or Greenland whale. I live In the cold north seaa. Un
derneath mv skin are layers of fat called "blubber." that keep my body
I warm. From this blubber men lake Urge quantities of oil. It is very
valuable. Some whales give as much es 300 barrels of oil. Just think of
' When I want my dinner 1 Just open my mouth and collect thousands
of small fish. I have no real teetn. but In tny upper Jaw are Iringed plate*
known as "whalebones." Maybe jour mamma has sent you to the store
to buv whalebone for her new dress.
.\iy cousin, the sperm whale, lives la the warm part of the ocean.
' Your nice white candles are made fr;*m spermaceti. It Is taken from the
| head of the sperm whale. He also gives you "ambergris,* out of which
ifine perfume is made. > , , ,
The dolphin and the porpolge are smaller whnledlke animals. They
are plnvful and affectionate. Th«y swim together In large numbers. You
ought to see what fun they have chasing each other. They can turn aom
[ervaults better than you can. Often they come close to the shore. >
ADVICE TO INVESTORS
By Financ*
!>, .J • t •
>J f J
> II
i|
% V 1
User"■■■' -■■■-'" -T-!d?aii^l
SPEYER MAN ELECTED
TO GOULD RAILROAD
ST. LOUIS. Mo . March 12—H - I.
Miller, of New York, vice-president of
the Missouri Pacific railway, and as
sistant to George J. Gould, chairman
of the board, was ousted from the
directorate today at the request of
President B. F. Bush at the annual
election of directors. Jacob H. Met
calf, representative of Speyer & Cos.,
of New York, was elected to Miller s
place. The other twelve directors
were re-elected.
Frank J. Gould, the largest individ
ual stockholder of the Missouri Pa
■cTHc;~aitendert the meeting of stock
holders today. Harmony reigned
throughout the meeting, in striking
contrast to the election a year ago,
when Frank and George Gould wero
at odds. This year Frank Gould dll
not solicit any proxies, although last
year he waged a six months’ cam
paign for them.
George Gould still retains control
of the Missouri Pacific and Iron
Mountain roads.
GOV. FOSS WILL SIGN
PRIMARY MEASURE
BOSTON, March 12. —The presi
dential primary bill passed through
both houses of the Massachusetts!
legislature will be signed by Gov. I
Foss. He believed, however, the bill'
would have been made much stronger:
if It had abolished party enrollment.;
The measure provides that the peo
ple at a spring primary, shall vote for
candidates for president, vice-presi
dent, national convention delegates
and candidates for state offices and
that the vote for presidential and
vice-presidential candidates shall be
binding on the Massachusetts dele
gates to the national convention.
I.ravra Money to Church.
In the will of Joseph Deaaingrr, tiled
..for probate Tuesday, SIOO Is left to the
Koman Catholic church In Buel. near
Saarburg Kheln Provlns. Germany
The balance of the estate is divided
among the children of deceased.
HOUSE MtOHTAUk l.\ MAD AXE.
BAG AXE. Mich., March 12.—This
cit> has a house famine Every avail
able place of habitation is being used
and in many Instances two families ;
live In a single structure.
FOIIEIOA EXCHANGE.
Corrected dally by th# F Irft Ni«
tional bank. Detroit:
Checks on London.. #4 86 * $4 88
•0 and. 4 83*
flo ands. .••••••'•»* 4 82 •• > •
Checks on Paris.... $ 1»% 6 ..
Checks on Berlin... 9*
ELGIN HI TTEB.
ELGIN. Ills. March 12.—The Board
of trad*- v*-sterday fixed the price of
butter at 29 cents a pound, a decrease
if one cent from last week's price. The
market Is firm and last week s output
was 750,000 pounds.
SEW YORK MOXBY MARKET.
NEW YORK. March 12.—Money on
call. 2‘a. per cent; time money, 2** per
rent for six months;- bur silver—Lon
don. 2 7d; bar silver —New York. o*c;
demand sterling. $1.87.30^4.84.35.
CAP’N JONAH—HIS FISH
The Detroit United Bank
Strictly a Savings -Bank
t
This Bulk Will Assist You in Buy
ing or Building a Home
It makes loans on improved real es
tate or to build, on terms attractive
-v I *
to the borrower. It makes no loans
other than those secured by real e»-
tate mort Rages.
Interest at 4% per Annum
paid on deposits from the day of deposit to the date of with
drawal.
Send for booklet BANKING BY MAIL fully Illustrating the
system INTRODUCED BY THIS BANK under which It Is as
easy for persons residing nt a distance to carry their savings
accounts with a strong meti-cpolltun bank as for thoae residing
In Detroit.
Address all correspondence to The Detroit Valted Bask, 2on
Grlawold-st., Detroit, Mick.
4%
7 Why Investors Favor
Union Trust “C. D.’s”
Union Trust Company Certificates ot
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.
Loans on Chattels
«S»
PROVIDENT
LOAN SOCIETY
J. L. HUDSON, Prss. D. M. FERRY, JR., Vice-Pres.
H. E. BOOMAN, Bec. TRACY W. McGREGOR, Trsas.
JAMES INGLIB. GEORGE M. BLACK.
WILLIAM P. STEVENS. BERNARD GINBBURG.
CLARENCE A. BLACK. H. A. CONE, Mflr.
Capital Stock SIOO,OOO
Sto«k Paid In, $66,200
This Stock Pays 5% dividend. Subscription for stock so
licited from public spirited citizens.
Apply to any of the directors or at the office of the So
ciety, 707 Breitmeyer Bldg.
Absolute Security
THE PEOPLES STATE BANK
Cor. Fort and Shelby Streets
Offers to patrons s safe and convenient depository for Saving ov
Trust funds.
102 WASHINGTON AVENUE (ARCADE)
COR. WOODWARD AND PIQUETTE AVES.
COR. GARFIELD AVE. AND RUBSEL.* BT.
COR. BAKER AND 23RD BT.
COR. GRATIOT AND RIOPELLE STS.
COR. MICHIGAN AND JUNCTION AVES.
COR. RUBBELL ST. AND LYMAN PLACE
2200 JEFFERSON AVE. W. (DELRAY)
Assets Over Thirtv-slv Million Dollars.
Dctroit ItasT (piuncre
PENOBSCOT BUILDING. •
Capital $1,000,000
Surplus and Undivided Profits 0ver.51,350,000
Makes Loans on mortgages and approved collateral. Cur
rent rates of interest. No Commissions —Issues interest
bearing Certificates of Deposit—Sells investments—Acts in
all capacities of Trust—Makes audits and examinations of
books.
EXECUTIVE COMMITTEE:
alex. McPherson toward h. butler sionet t. miller
JAMES E. DANAHER OEOROE PECK FRANK W. EDDY
ARTHUR H. RUHL JOHN M. DWYER JULIUS H IIA ASS
Some papers have readers. THE TIMES
has subscribers. Every home that
takes the paper la oa Its hooka.

The Detroit times. [volume], March 12, 1912, LAST EDITION, Page Page Ten, Image 10
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

The Detroit times. [volume], March 12, 1912, LAST EDITION, Page Page Ten, Image 10 About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

The Detroit times. [volume], March 12, 1912, LAST EDITION, Page Page Ten, Image 10
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920