The Detroit times. [volume] (Detroit, Mich.) 1903-1920, February 23, 1916, LAST EDITION, Image 8

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The Detroit times. [volume], February 23, 1916, 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.), 23 Feb. 1916. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83016689/1916-02-23/ed-1/seq-8/>

Newspaper Page Text

PAGE EIGHT
Telegraphic
imVEN IS
JJYWRECK
wn Marked Depres-
Exchangt Open**
r B»d#f»
;K. Feb. 23. H *
M. lo 87. oa the *to« k
the opening today. In
report* of probably
through damage suits
of yesterday's a-rerk.
aas generally consld
toe Steel and Crucible
8. at 83 7-8 and 78 I*.
The general list "how
hanges.
‘rally receded af’er the
r*s trading.
fart Stocks
* ~ornb,° Open W NoV,
:
and i' S .If*
ouad’s... £« * M v?
i*atti... i*s !;s
Id IJJ
com ... - ■
l Ref. ... I*-
is]!>
>blo *«..
ir10r..... * l <» **
pr.
v.:.:::; 51% lit:
toe I**S
MJef -•
urltlee .. t*H •
•ered • MS .{’J?
a. pfd.... lIIS S
r r*.„ *is ‘*s
n jpfd-... IMS l-JS
Wire..,. 4JS *»
ipper ... |JS J* 4
ne. ITS U’i
1 ....... T2S TIH
th ;**!»
ibber.... S?S jj%
com ... as** **
rrred.... *« "f
rerred... MS •
learn ... IJ*
*1 * ,
a., pfd .. KS KS
«i»4 «<s
Be 115S 115S
tra! Iff I*3
MS IS
ITS IT
1 ns sis
ted ?ss ?'s
►el MS MS
I ins 111s
7*S T«s
Hit 3*S **S
p ms ms
*B* 513
1 n*s ms
........ l"tS ia«%
»h 01,... 147 H 14f
hem!*!! 4TS ItJJ
a.’.'.! ! <* 4;
B Tas ;a*c
US’ i?r*s
DctrtH Sticks
|/WMDSr*»I»AT** 4t«W%Tlo\«*.
L« Wlilt* LJk Color 14 V *
9l|
CS[ IK 11&
Btflon Public Util.. 4S 4«ui
BK prfl»rr»d „..„ .. 12 '% ~ii'£
Bf|rtf«rr«o. .' 101
Kl Service C« IKS 12« V, |
Dm, preferred, xd.. .. TS
mSuim lied 4 zinc « o i. v * V
HrorUfelt F. 4L. CO. II JK*
KSUui Motor Cos.. 490 6XO
BET preferred 91
n cTnHit co., »c. .... **
■molt Crwusiry Cos.. u\l ::v
Kp«|t IMUon Cos X-.4V l«o
■Molt Kdleon Rlfhta. 4% i',
*y KS •' '■
BUTii L*^u(« r
Minins Cos. 15^
IBblP Motor Cos. com 64 s <4*V»
WBk lot preferred... *«V* * S
gMPfc’tod preferred... <9 r ,4
■diM Crude Rubber .... m V
Wl <Ot» Tel., pfd .. ft r»i
WMBHojor Cos. »»v 1004
Theeter.! ih *T v
Ml
l^L^Solt*Motor!'.! ui. Inn*’ 4
tor* Car* Cm! . "’ * *3*4 'j4 V
BKHBIHOt. xd. 4 .! ini lit
■Wfl Creamery Cos. 34 4
Cone. Cos., com. 50
.'!. 4»v
Cement Cos..
iHfili Mi treel Compaete*.
Dot' Net l. ill
MKf . .... too
■BgSfcjrs !ir
§||jßLJttft»wlnc > ('rm« are |.n\,
on lh * Ex* hana*>
A Cos. Sinclair I
FINANCIAL AND MARKET NEWS
Grain and Provisions
DETROIT. Mn'h . F> -* "T,
I Ins. Wh-H ir '■ tr ' ' P* * V'V
drop Os 3. t.l *"1" *! 9™ .’r , '
war* mu-l l<v*.r ui-t the *
1 fueling -« a • ,k ■ T'n.r.H
|l ;4t,: Ma> 11 -• J D *• “• N
I white. . ~ . . .
Th* i orn n.urkM -* dull * nd *' ’
•I ‘ • f .
I >#Tlow at i N . ' '
| o*l9 .*r< w«»k ' ,n ', i v
for standsr i *■, OF * h
Wh Ry# and e**> *? V
ra ar- in • ■•’ !.»v.ar ; ! » H f m
K-bnnry v ’
-
a- »1 * ;f , r , » •• • * - "
forWr-h n<* r r r *• *;• **
Tiraothr»f<<l i* *t fl. tor
at C v ni' W<Mr«-*-
dm. i *
corn and < -»f eat„ ' * V
cm.::**>rn -»t ' v * r 1 j
oat* at 4fV> *• •<, a i. a*»
*han Monday and corn o
Id higher. _
(Til* «••*) «.»»*•>
CHICAGO K- b -■ - Open •*«-
Whoat. May. and •» n 2s- J’ > -
jv.r Corn M*.‘ . <3 w n *»'•: .u y.
(it-wn *n‘. Oat* M.«’ . -("* n • - !
down *e. l-«.vi*b-ne Higher
Livestock
gimifiO (K.ITRtI »TO< hi tnw
DETROIT. M < f
Market. canr*r- r« t’ *• steady,
all other *r* 1» *. -Sc low*r •+*t
heavy st»er*. *7 ’>)*: 7*o heat h.%r< v
weight ’ *
»te<-r.« and helfera. I** ».■ I)
light hut- her*. » u
hut- tor*. $-w - •**' I- » - •<
5.7*. but. her ->ws »* : j . -omxmo
rnwa. *♦ :3 -I 4 V r;intV r* * J 4 '«t
h*avv hull*. I '>■'"« bologna hul'*s
lilktSM ill* *» *■
faadara. »< »t • *t t> ft
mllkera and -pringera. fiOCl'v \ *»i
c*lva« . M .rk< ’ M*»dv.
11 other a. I'b’* Sh»-r *' •
lamb* Market, «oac* neat ’a- •
111: fair lamh« it n ™ ' *bt :•>
common lamb*.
lit*, fair fa good *h*ep *• n *
and •'orrnnon. I' r - '• H>g* Mar
ket. pig* IT ?*«r *<3 s’ •• * d .
|« ,'4t« he* * * . <i \ *
I MO\ *TO4 K 1 tni**
I'NIOV s*TO«"*K > VKIk" l . i h .3
H,.g*. rv-k-e.pty. 4«* •••■»• market. «ow
Sr h.Rli- t*H and bu I
|.45- good hea v ' I» 3•<p 4 '
heavy |S jo-jl «:* llcnt |TA' fr» '. •
pig*. I< Sht» :*o rattle, reeeip** II -
h(»5 market. *te*.dv to atroog I
|« . * ft'-; cow* and htifere IJ Jh i
* 13. atorkere and feeder*. s•' <oj T I*l
Teaare |« •'«* ■>• ralre* *«*.Arj
II JS She« p. Rer-e-pt» j market,
weak: nttve I* ahfc ft.V*. we«tern
|7.gn4f« 3S. tambe *V‘*.ft 1« TI west
ern *» TSff il V»
Standard Oil Stocks
Furniahed by Ifnrnblower A \V»*ka.
Feb 23. Bid A'ked
Anglo-Amer Oil Cos new K>- 4 lft l 4
Atlantic R-Aning Cos <*’ i3*t
Rorne-Scr> m*« r Cos .... 310 333
Btirkejre Pipe Lltte r♦» ad 1»1 I*7
Cheaebrougn Mlg. Cos .. 7J*t
Colonial Oil Cos !«• l^O
Continental Oil Cos. . :»>•
Creaeent I'lpe f.ine c,» . 4» 47
Cumberland Pipe L.ine
Eureka I’ipe Line . . . J.M 235
Galena-Si* Oil Cos com .1 >4
Do. pfd M 5 131
Illinois Pipe Lin*- ] :7 13*
Indiana Pipe Line C 0.... 1 *
National Traneit c 0 ... M
Naw Tork Transit C«. . . -■’»
Northern Pipe Line C 0... 103 1.5
Ohio on Cos --**
Pierce Oil Corp*.ration Ift *4 Ift *4
Prairie Oil * Gas C< 41i 417
Prairie Pipe Line . ... 23«» sli
Solar ReAning Cos J*** . •«*
Southern Pipe Line Cos . . 23'*
South Penn OH Cos 2(5 37‘>
South West Pa P-pe
Lite Cos .112 1 IT
Standard Oil Cos 4*'a. >.. 37“
Do. Indiana . 52" .*-23
I k>, Kansas 445 455
!>o. Kentucky 355 3fts
D*>. Nebraska .. IftO 37 f »
, Do. New Jersey ;«>7 512
I lh). New York 11l 2M
Do, 350 sft*>
Swan A Fim-h i'o 13" 135
Union Tsnk Line Cos *>i **
Vacuum Oil Cos . 227 141
Washington Oil Cos ... 4 * 53
Standard oil ntd k . 1»7- *> ....
standard Oil Old Sub* 11
Int'l Petroleum 12 l i 13
11 Id. West -i • ;
Pena. Mai
ACREAGE NEAR
WOODWARD-AYE
BRINGS $275,000
Another indict ion of the ic usual
activity in Mibd'i-ion property out.
Woodward ; vc g announcement
that two !>• '■.,*. bu*in*«« men
whose naoi'.- .»r< .101 d,-rlured Havre
purchase! apprugimatei* 300 acrea
of land on ine NmeM W rd and
John It.-ftt., about on*-half mtie east
of Woodwartl-ave. Th*- and include*
the Flnlay*cn ar.d firow farm*
among other* and con.prises about
90 acres on *ach of ’he 'our cor
ner* at the intersection of John R
and th« Nina Mile rd. ffie deal wa*
negotiated hy John N Norton, of
the Bmith-L*ltch-Norton C'»> The
price paid for the land l r not made
public, but It ia understood to have
ranged from about t'V) <*v fl.ObO an
acre, or ai>out 1275.000 f’>r the en
tire alx pieces.
%. \. I’HOIM r |; MdIKH
NEW YORK. K*-b 21- Flour easy
and UM«UI<d winter and spring pat
ents t6.t(©6.40 Fork, Arm, m'M
• I#7s© 11 et*ady: middle w»st
■pot Stall) V> 10 .‘■unitr raw firm,
centrifugal ">-tcet 14 5 05; rnue* »>-
vatic Xs*-t* , st 14 12© 4 II; refined.
Steady; rut lohT |. 4<l; rrulhfd 17.25;
powdered 1 »•.3 '• • u r tnw i«t *•>) |*> If 4/
S 85. C.»lTf< Rio No 7 on epot. ftrn.
9Sc. Tallow. fiim. special
*l4c; country- hHh' t r Huy, at»ady;
prim* |1.>5(31,10; V- T Il'Hl 0105;
clover 90©$l. 15
Pressed poultry, ■trad; t’irke>a.
JO© 10c: chfckrna 1* ’, tr j ; fowls, 15
ttlJ'Oc: duck* 15© 2*».
Live poultry, firm geese, 16* ; ducka
10© 11c; four la, T6* lurk*-) a. 30c;
rcoalers HHc; chicken. broil* r«, 15'*
©loc
Cheese. quirt; etao milk, common
to specials. Hfl l»He; ak.m* t .mrnoti
to apeclal, fc»* a 1 <•'*«'
Ri tti:h tMi
©•••#*—Ocatne-> . Mr»« He;
Aral*. Sir. dairy. :i> pa hln« atm k
ltc per ll»
Sn- l'r»ah re ripia. mm m
■o. candled. r. crept re
cetpta. >2*‘ prr do/-. H»-etpta Mon
day. 1.295 cases.
H. v. ri men tin Kn«.i
NEW YORK, Kch. 23 -Rutter. firm:
reeeints. IMm Ih* : I’reatnery, extra.
|<SRUr .91 air I »an y, tuba. 3'*©llr;
Imitation Creamery flrata 23# 24c;
©fetal 15'i©Hr Eggs. *tratty: ra
[■Mß 1H.115. nra.bv white fancy.
t-;' -* >v “
Produce
DETROIT. Mich.. Feb ..
tuiMiioa m«n ret* rte.i th- iuu: v * %
market a* only modst altrly a
«nd ulth only minor pr.it ..ang---
" butter market Is *trad> to tin
gf* are in tree receipt.- and a tn •
I . and Produclion is lncr» .»*■ n
y. and toe impression pr» - » -
tra-ie that tha aioruK* a ■
* . -tart in this year at u slight)
. -ir level than last veai p •
!' ".pt* .ire light ami the mat ft t
cans up from day to d*> Potato- -
onii-ni are caej in ti-ne and ra •
to!* ar* pr-ictically dune In the *- •
cil list nay price* are work
'-Itie 1 gh»-r and Lnsced oil »• .«- a- •
v anced another cent.
Apples free*, la »* Oi. Baldwins.
|J.2svfl.o*. Steel 4. Rec. (if 1 oo* .
green.ura, S3 ((4.45 bbL. waatero te>*
atp.e*. ll 7*92 34 00s
»■*■■*« Ooca nip plug st oca.
|l .>*!» par bum-a.
Beams -Dried Lu mas I*iV Te lb.
4 rmmherrte*—Howe s, 4* So ;er b<l.
( ssliaswer —!2(i:.2h per crate.
4 sbbage -fl.au per but.
4 heese —Michigan flats. 17 \ New
York lftft»c. Swiss. 22 4 3»c; imported
Swiss, ike. llmburger. 2-lb . 17V* |.
horns. l*Vgc. daisies, lb.
Dee—eg tslres — Fwncy.
cult.cuurv. 129 13c Ih.
Brewed Hags—Light. 10 31.',
heavy. SolOc.
Fresh >egel ■ blew—Or wo peppers
8. 45 crate. suc basket, rud s!i-«
I :>* 0 25c dor; lettuce. iJt»l4i i
parsley. 24$ 80c dor, cucun. r«. a--:-
b -use. 81.7 0 Q i per cox aui-n -
tomatoes. 28 41 W lb.; carrot* T.
bu.. head lettuce. Florida, $. - .. .
wax beans |S 75 ■/4 *r»--n i .-a - ,
3.35 per bu •l.allot*. .5
Florida ton.atue*. 43 25 0 5 » u >
pieplant. 40045 c dux
••rape Frwti I
Mmmey—l an y waitw new i» u :
amber. l««llc lb.. sAtractcii. .u »
Ih.
Hoy Detroit shippers are raytr.g
the following prices for baled hay 'u
err lota. I <x b.. Detrou No. 1
t: mot h> fl's rt ii‘ -:. ;r
S 18. lig :f
No 2 timothy s!'•«* s t
No. 2 mixed, ll 'til. - N . er.
J . r • -:>-« ■ >'
and oat straw. |ft.2“ ■» 7 j - • n.
Iretw -|4 251/4 75 per h--x
1.1*4«* 8 1 1" V 1.44 MUIiU. vnL
41 >,lressM 5 0 4"c 10
Nate—Coilfernie walnuts. I8014«;
almonds, l7Veo2fc. Rrasilo, 13014 e.
Alberta 12 0-Itgc. pe. an*. 110 14c 16
• ’reaoee —Navels. 41 .s*. > bus;
Florida*. 82 Tao3 box
balsas B3 74 gar 189-lb. saefe
Spanish onion*. 8i »5 u 2 per ' rate.
!M*eapp4ee —l l 5- \j p«i cr'ite
ftlllMi HU'M I*. * 1C .111.
whtta. 81 91 it 1“v r--; *. H i 5 ha
new Bermuda*. $S.i" 7 t>bl. 81
par bu
Pssltrj —At a
horns ar.-l light w <tr - '• -ivlic.
No. 1 bens. 1. 9 1 ~V« mi-d -jtn hen*,
lftAt 17c. stags. 1 • :»c. 1 osiers 110
lie. geese. 17u l* c -1U as l'gllc.
Hohhlte—Ml.tgan 120 2 80. west
ern. 81 5 S dux.
ft**eel I*»yai«H— - 8t 14 0128
per hamper i , C' » • CTM*
fttrswfcerrles- *. 1 q :»rt.
a4) omi gc. nirg*.
Caasea iiiiB —Ay,i;* ll ki w'- m
Ci., uaaed beans, 1 -lb, ivory,
ma beans. 81 0 I Ift 2um Fancy
Ma.ne *lls. stamvard. 41 Table
beets, fl 2501 49 FVaa Fancy ear.y
June, %1.10 standarcs L xaltnon.
tall 12.3 V. flat. p\ ogs »%c Tomatoea
51. If. Marrowfat pea*. fl. .any
one. fl 59. *itt»o itrlv xuoa 81 44
p+r
Feed —lobbing prices ic -a-bjl
sacks Bran 135. standard middlings.
125. Ann middling*. 139. cracked
corn. 913: corn and oat »«00. *2.- Go.
flsor —Jot.h.ng pllret Belt M'cbi
gon patent %': ao-ortd patent K 79;
■tro ght. I •i iO. pure rye $- n ri-ig
patent. |7 4<) ner bbl tn paper *a-ka
Hardware —Nalls. *2 <5 ke* * e
annealed wire 12 <9 per bund!* gal
vanized barbed wire. : point. $2 11
p*r spo-l. galvanised sheets. 24-
gauge, $4 *9. 37-gauge. »5 1“.
gauge, 12- 35 19-gauge. $5 <i per cat
Buhl br«>n*ed »i*«. ring)* handled
4*. double. 11" 73 p*r floi . Ma-a
sheet metal. 33 and li-gaug- $7 2
:«-*au*e. $3.25 27-gaug' $3 *,n *4.
gauge. 12 35 n*r cat Gtrrlage t,<. •*,
small. 70c off large 40c and 5 <ff
trarMn* small. 79 off. large, ft-,
and 5 off list.
Hl4ew —No I cured hid**. Ift u.-. No
1 green h*de*. 14c. No. 1 cured bun*,
14c. No. 1 green bolts. 12-. No 1
cured vea! kip. I*c. No 1 green veai
kip. 18c. No. 1 cured murrain 18c,
No. I gr >en murrain. 14c. No 1 cur»d
calf. ilc. No. 1 green calf. 20c. No.
1 horoe hides. $4 50. No. t horse hidea.
rl.fO. No 1 tallow. No J tan w.
\c. So 2 hides, u off. «c. 2 kit. “j
calf 1 ftgc o*7. sheepskin <as to arn .u .c
mo» I». s<Vc gl 17
Detroit tHI—Ka» lin«'td -il
boiled linseed s’ gill *r arr*
Kerosene in wood D.wmuuu du i
light, 7c. perfection, lie. pale.- ne.
144 c. red crown gasoline iv c rsl
Detroit O*B—ROW iipseed oil in'-
bo; I*d lin*eed, (-'<• gal. In barrel lot*
smoked hauls, l f ß lift** pteme la. •
11 fl ID . bacon. »ard. in
tier re a. lIS-. kettle rendereo. 12 g:
pe
sugar -4’orr*- ted 'Ja.iy t <y Vt il
i lidgw: A .-'on Cry«tal tlormriuts, 2-lb,
fi 10. 1 »u. 5-:i, t ;•>. F-<gl* tablet*.
*4 *■/ cut «f 17 32 87 -9
XX-tX p-j» »-r* and. |7 >ji •tandard
powdered. 87 gran jlated extra
coarse. 5> 7i sr.ui i t'e<j. A r ie. tn
* 1 x l graf > 1. t•• r*.
I' 79. crys’al <1 rmno g -r. 2-lh and
, S-lh cartons, in a**- 8-' ryst 1
! domin' rran . MF' $ d-ani'»n*l
A. Ift 7“ '-onfect >r-er* ( 7-1 N-* 4.
f* I 1
if. No ■ |( 49 N • *ft 43 N >
8- A No n. Ift 35 No 12. 14-9 V
:s ill k« I* ft if No li. »ft is.
|7 • et gr* r
- ul:*t*d. Ift 4* p*r 199 lt»* . hou«eh and
pej «• <J : - 1 J.
case, fl 50 per a»»
CHINO COPPER
SURPLUS IS
VERY LARGE
More than <0 per cent of the s•’...
, 914.317 net profl* rolled tip hy th*
Chino Copper Cos last -*ar «i
turn«sd Into surplus account as evi
denc.ed by the faeft that a’ th>* en l
of la-t Dw*-njbsr surplus ’torn '♦
operations totaled 14.304.457 af’ l ••
payment of |2 fiOfi.kfiu dlvidei d--
There mi run through the r rn
mill during the pas* year TV'
ton* of ore from whi*h there
I secured 48.193.A93 pound- **f o, , •
at an average cort of »l 1 < : ’ a
pound after crediting o hi*
preclou* n.etal* valuer «:.*! o!-r
miscellaneous Incom*-
Extract lon averaged aho ■ i •
por cent, for the year n. * •i<
grade of ore »a something ♦ r*r
than 2 per cent In the tij.rd q u
fer the ore ran down 1 PS p*-r * erit
copper, and although *i'racti.>n iu
that period »a- the *-m for at.
three month* in ISIS I* could r.ot
Offset the lower coft'erjt* *>f ore
fretted.
>FU YORK «II rn»> IMRkl.t.
'V*"' at lof R by Paine. Wei
I f* Y ’ Ml v
' -January l.* n•• . i j o
Marrh tj i ■ n; . j 7 |
April 11 29 li it*
May 11.16 It >7 Jl . i
•unr It 37 1 1 5 3
July 11 *». nnT 11 *3
August 11.74 n TANARUS.» ji 4o
Heptemher 11 *5 1 1 la )| <ti
October ~.. 11S6 ||»7 t**i
Dac-mber ........ 11.01 ii.f** If;*
Xa» ©ST wqjrjy
DETROIT llMtb
PROFITABLE
TRADE CAN
BE BUILT UP
Arrangement of Fi
nances Needed in S.
American Business
LACK OF BANKING
FACILITIES GREAT
Americans Should Be
Straightforward
and Alert
BY HERBERT COREV
1 1 "|4* ris kt, ivift, K« Herbert 1 orrf.l
NI.W lOKh. Ft?U. _ The aa
git in 11* th*» Sou' American
irauc *an »v iioid t* •' ien ’fi*' »nr j
ov» r?”
I ba’ - «hj' i*v* r.v Am* un ex- j
porter want* »o ktu < •* a reply
i.* not nect--aiiiv an an-srr l»ut
title an lart-v replus
Tue Chicago U-m a "or* ot ( otii
nicri- -p* n’ |7'.."••»* -n live y*ars m
;*«*utb \m* ■ 1 a m introducing Un*
iago good*. The money wg> we'
apt :-i tou nundr»'d aid fU'j ot
the » Ui'ttii* !- of the a-*.-o<'lanon
a;* profitably n’*r*!»fed In South
An.crican 'r;4U». Ther- are 40 t’hi
,ue.i’- .n Soufi: America. Uh»
v -no * n ;u *oaie pan*
than is New 3 ork.
t it: ago i- a :airly pravtical ’own )
!' d<>e> r. uiige * practice of
thru air. 4 c.waJ money after "ad Thai
south \iu«ri< an trad* tan be don*
profit-ot> ! > Am-ncans i* further
protren j 1 1. - .-*v;nirtcant ract.
!n et. n an itarturing comm ir.
: her* .1 le.-t one man aho
- ii .... . iu.-t and nnosrwntatiou
u*in* '' ih <"ir neighbor* to th*-
ith if one man can do this in
a< h ’ 0n,.1. ;-.:ty. why c&imol »ev*ra:
men T' . j
The th rd reply 1- offere,] py the
-e< retarv •! : p -aart 1 >rxanization
uevoied :o ih< {offering of our trade
relaiior- » if : tne r-pul. ir* of Span
Ln America
“We can corapete 'vith Kuroi*e for j
fhi.* trade,’ -aid h". “if »c are a.-
ciraightforward and ale-t and enter
pri-ina a.* Europe ,» W!,. rever our
merchant* »ho*n ’heniaelfte*
po»*e*<M»d of fh*-*c o ';u 11 f 1e- th* y
have gainefi hu.-;n----
V fauT In ’he \mer.ran manuia*
n.rer i* that dki many of »to
riot consider buxine*- ho ;or a bu-i
--1e -» aft.*et. Some t t|. ,4go one Os
this sort worked u; a -nr.xM Nusi
r.e-!* in South An.eriia Ir ro-t nun,
ftt-ine monev and e Even; i
alty he e*tabli*h*d relarjon* *!* h
two firm* of young and *n:erpri- nr
men They gave him *ec »ral order
and paid on th* dot With -a* 0 or
der the business inrre*-«.d Then
L's» and urw»s began to flu.»h the Unit i
erf State*
( oannof fill the** order* ' «aid
e I am three month* behind at
hom“ ' j
'l'"* "xo firm* of young ad ev*r •
priftu.g S >u;b Xmerl> an 'M-ied l>e
raijt** 'hey could no* tn -k» zcn>d
fl.e.r contract* Other* v o had de
pended on them were injured F!v‘*n
one who knes of 'he il. !«•* hi
become ar. enemy of 'A a- meth
M.* and Yankees. Other nau .f« (
turers here have felt the *.ff« • p*..
rguae one man »a« a cr« *"i> r t ,:"<-r I
the imainesH reputation >* •-r r.a
r on ha* been impaired
Recently two great ;:i>r .I'mr.ii, '
banking corporations have been
granted charters here, m order tha f
Vinerican trade with South America
may t>e aided T’arr of th«- norg cjf
these corporations and other* that
j will follow will he to aid in the t><;y
Ir.g of 3outh American prod utg Na
j ’ion- do not buy ahere they do no» ,
ft* 11, broadly -peaking ft t* p ,
f *e|y on the rrinnyl* on which the
• farmer fad*-* cri« for "igai In |
the long rur. international trade t* <
j'W h'T’c Another and |ty of these
’ * f ° ’ll •'“inline- Anrierl
•* r rr- nita*fnr»'s whc» do rot “play
•Te ft* It the Incident ju*t 1
.cjno'M j
V o'dtnr u one of 'he great Chi- :
1 ag'i • port* r - the I nited Si ate*
r i s:oo«; part of the Mouth I
s ai tra>!< a- cion a-* the *juea .
finance ar/at.a«*d. Flnan/«!
*;»«• mean* more than the,
a for h 4 ,n«- i*aper, r>
a commercial;
e ‘ r. . ■ vork added that »*•
and *- .'irrangf- f* r . »ter ship- (
I 1 * 'a tlltfe* to .South Vmerle* Jje
, f ,,r ‘ the w*r it was jioi*!u|e to to
- u*h America frorn N*» York more
• f Jea-antly hy *a y of hhirope
One of * hex* da> a." raid the
armt "we will have flr»t rata ship*
if< South Amen* a That will come
when our 'rad* i% encouraged our
ahlpplr.g men Into making the yen
lure Meanwhile we should arrange!
t*» rj*-. rcir shipping through some
**ntra' he>dv. which <nuid eul ihe
rale of freight in half, even In auch
da; a«• the*e At the boat of times
** P«y througt. tha nose for freight
laa fompared with European ship
I pers."
1 The lack of banking faclllllaa, ol
Vt kk* doaaa »i4 one
minor aids which year* have built
up for Europe being admitted th'»!«e
aho best know still insist that w»*
i..n compete ou absolutely even
t.rni* with all the world for the
South American trade. The value .
of that trade ma> b»' Judged by the,
fact that Great Britain —the most
tradewlse of all oountrie* -ha* man
aged to keep her Sonth American
trade to within 20 per cent of Its
pre-war rating, according to repoi t.
There are more English trade scout *
lit South America today than ever
before in history.
EARNINGS ARE
INCREASING!
Predicted in Canadian
Pacific I>oes Not
Materialize
So far fbi.ft vear the sharp
, in t an Adlan Pacific earning?, w-hich
! wo# looked for in some quarters.
IV i» not matenaliied. There has
bf.-n a decrease in the company's
ra >» ■>* :n* r4-ase in revenue-. * n«-e
’h* * ginning of the year compared
wi»i. the 4isnige r»Mo of increase
for -he closi’ig period of 1915. bu 1
nothing to vigge*' abnormal and«
• line
F'o- the ftr*t >**♦’-. ot Februarr.
( aund an Pac.fi> * gro*- ran up to
« *7- >.*«*" .1. itu-reae* of $* 7 or
3“ p* rl . at xoinpar• . *i'h ’be *am<
week las' year The *eeond w»ek
of F* 'r w gro-*- in* rea*"d *27''.
For ’ • ;.-a ing period 'rein
j , , 1 to i-;. 7 gro-* r> venue*
•x ere f? 7IT " 1 •*- agHin*’ S *"• 1
- r ;» ,ri n* r»- »'• of 51. 4IP ••■'e
'Earning* o th*- last quaner pe
r:o-i ot ’ t * 11 b* recalled, were
practically on * par with ’he earn
ing' of the iit - quarter of 191 "I.
Th.- quarter ia* the high water
mar* o; he company's earnings lor '
ar.y three montu* in i’s history.
Opinions i-f operating men famitlar
■vl»h t'anada are that, during the n»-
mainder of thi* month, Canadian Pa
. ;fi should continue to show gross
ga.n* of abou b* p» r cent or better,
or a* the indicated rate of increase
for ’he firs’ w****k of ‘hat month.
INSURANCE CO.
DIRECTORS LAUD
GEO. E. LAWSON
In a special meetinr of the e\
ecu’ive committee of the director
of the Standard Accjdent !n- iran. 0
Cos . resolutions w er* adopted, ex
tolling the “terling qualities of tim
la»e fVeorge F Law «on. pres.den’ o;
the p4»oples State bank They fol
low
“Where** The death of (l»'>rge
E. I-aw son. a member of this *xe« ii
tive (ommittee of the ixiard ot di
rectors of the Standard A . iden* In
surance Cos., ha* bereaved us of th#
companionship of a friend of many
years, and deprived us of his val
ued experUnc* 1 and couiDel; and
'Whereas, We shall deeply ml**
h.s cheerful foiirage and his abiding
sympathy, a* well as hi* keen sens*
of right and duty, and
VTierea*. The memory of hi*
meritorious service and devotion to
the traditions of this company
should be pro-» rv«-d f or our fii»*ir**
guidance and in piratlon now.
therefore be P
Resolved. Tha’ this m* inorial be
inacribed upon our records and ad
dressed to h * sorr«JA'ng family, a*
veil gs to hi- friend*, a* a Might
token of our recognition of hi* loy
alty and of the affection we shall
always bear for hi* memory
SALES MANAGERS
TO FILL PULPITS
SUNDAY, JULY 9
The World* Mafe*nian*hip ton-'
gre«*. to be held in Detroit, July 9-
13. will start on a Sunday with
many of the most prominent sale*,
men and sales managers of the
world occupying the pulpits of Iws
trolt churches.
Detroit has been selected a* the
logical meeting place for the first
salesmanship congress for three dla
tinct reasons
First, because I>etrolt is today. I
and ha* been for some time past,;
*gie of the most active selling ten-'
ter* in the world Few other cities
have been so much talked about
and euloglged as Detroit. For thia
reason It Is expected that Detroit
will ae« an Inrush of salesmen and
business seekers next July that will
bid fair to tax It* hotala.
Second. Itetrolt Is now the com
mercial and geographical center of
the acrid at peace. It Is easily
reached by rail and water from any
1 part of the United States, Canada,
South An rlca. China and Japan.
And. third. I>e*rolt was selected
as the meeting place for t.be first
congresa because of the fart that
the congresa originated within It*
. city limit*
Hugh Chalmers, president of the
'Chalmers Motor Cos, and Harry W
Ford, president of the Haxon Motor
Cos »ho with three other prominent
lietrot' sale* manager*, have th*
program lr rhargr, promise a Hat
of speakers for the occasion that
will outrival in prominence, ability
land commercial succeaa. any who
have ever been brought together to
' spaak oa any one occasion
DOINGS OF THE DUFFS
TJtf.W aeTTf* <*o Dowd p TwAr '< A ) I uimsb » PuT oME ]
r-l AND OCE IF I LOCKED _J THAT ' S A I OVEff uN TOM IWiS fSf]
DEPOSITS
REACH A
NEW TOTAL
Detroit Banks Now
Have 8240,417,000 of
Customers’ C ash
WEEK’S INCREASE
IS FIVE MILLION
Gain Since a Year Ago
Has Been
000,000
Hi-nk deposit** m Detroit a) the
end of la-' •»»•*•«. totaled *.♦0.417.
(MX), an in< r.-aee of tn<r* tnan
OOu.bOo for the wwk, and *h» high
♦**t total f'Vi r reporter].
Tl **«e fi»c'*r* - show dearly that
the dfy non Is experiencing an un
precedented period of prosperity
The Incraae ir. deposit* sime
Jati. 1 has been S1 ’•.'tlM.QhO, and
over the eorresponding da'e a real
ago, $:.:, 53$ o<»o.
1.0. ms for tl e last year show an
Increase of * .I.and cash r s •
• our esi amount to $21,1 Vi.uOO more
than a year ago Furthermore, a
year ago thv total reserve* of the
f>»»ro|t hanks were 20 per cent of
the deposits, whereas a week ago,
according »o the report of the De
troit clearing House association,
they amounted to 22 per cent of the
! dep«>.|ts
( a h resource* last year amount
ed to 2? per cent of the deposit*.
; while last tu'«k they totaled 30 per
cent.
No le-s notable la the daily com
parison of the bank clearing*, *how
j in* the total from the first of the
year to date for both 1015 and 1915
The difference in the total* 1* ap
proximately $100,000,000 in favor of
the present year.
Dime Savings Bank
——————————|
Resources over $25,000,000.00
DO NOT LEAVE DETROIT
for it Inn* trip without aupplvln* yourrelf with our traveler** rherkx They are «elf ident if*
Int. ran bo replaced If loot or tdolen, and ar*• readily raahed bv any bank Inquire about
thorn at any of otir offices.
f'lnrn your valuable paper*. Jewelry, etr„ In a bo* in our fire Hnd burglar-proof Safe In
po«it Vault**. Absolute rerurity and aplendid nervier for moderate rental.
MAIN OFFICE.
Dime Savings Bank Bldg., Grinwold and Fort Streets.
BRANCH OFFICES
1 !H1 Mood ward Ave., 107 Gratiot Ave., 7«9 Mood ward Ave.,
1171 Jefferson Are., 1.‘106 Grand River Ave.. lIH Michigan Ave.
WEDNESDAY, FKIIRI’AKY 23, 191 6.
GERMANS
WORKING IN
CONGRESS
Solons Flooded With
Teutonic Prop
aganda
MATER IS LAID
BEFORE WILSON
Letters and Pamphlets
Bombard Both
Houses
WASHINGTON. Feb. 23 Mem
bers of congress laid before I'resl
d* n> Wilson today evidence that a
drone propaganda l» tinder way in
ioiigr«>>- to bring about legislation
desired by the Herman government
The propaganda is seeking the ac
cotnplishment < f t•• • First,
the stopping of- Mptuent of mum
tiotif and supplies front this ronn
i fry to the allies second, a reaolu
, *lon warning American* to «t«y otT
any armed merchant ships or liners
lobbying for these two niensitr*
Is taking the form of a regular b«*ni
bardment of letters, <ard«. paniph
lets and papers through the mail
and some work even on the floor of
the congress. Senators and con
gressmen who called at the White
House today reported that during
We Specialize in Sugar Stocks
and have an active mnrket in
GERM AN-A ME KIC AN St GAR
IIOLLAND-ST. LOUIS SUGAR COMMON
MICHIGAN SUGAR PFD. & COM.
Quotations upon application.
CARLYLE & POVAH Stock Exchange I
SO6 Penobacot Qldg. Phone Main 4800
Local
Rv Allman
the lust Me* th- > h.ive received »
vast amount of *u< h literature.
Th< la • t propaganda circular, rtb
reived at the < a pitot today, bore
•he -Ign «niri «•! Count Voti Ferri.
vho v iv*> .i residence No. *2H
Twelfth -i . N W In addition to
•h* circular outlining the claim* of
those oppoto and to munition* ship
ments th* re i**re two cards deal
ing with the anie sn!»Je« t On on**
of th• >e, ihe statement was made
that while America complain* that
11'. of her < "zen- were killed by
ingle inr; > do. hundreds of tier
r.,uis h b « n kill' and or maimed
by a • nr 1 • shell shipped from thla
( ountry to ihe all!*
MAHe H A LI. Mb. h., Feb. 23.
Ml.-- C.i r*‘ Hayward aged about
,o y»-ar w a found dead on the
;’i>or jm h : home la-' evening by
Mrs m \ it arm.in a n*dght»or.
. »ro w* : t" <. !! on 1 • \poplexy
u.lis'd h<'t death.
I‘rinllii,—'.it pmiii k|n4 —lHst
I, rlfiki—>l Imo Jot* S»ep* —Mela IM*.
run Mlltl 11l H" MI I'TIMI OF
11. i . It. It. « (MU' V > V
Not *> i« ■:»’rei - gt\ mi Cat the nn
• kh •t. r« 'f
t>i< I>< lmy <N.nn' ting l.sHcad Com •
p ny. f'i t‘" •J« > of fUrectora
ri>t th« tt an t. nos »u< h other
pu-xri- • i in-tv ri'. t*r*f<-re the vn
, . 1 • it tha of*
fl, i.f ih. « i ear > m ?*i- City _of
p.-frott, >llrli n \\ - Inr -.day, Mifrh
to. 1 *tt at t p m By order of tha
i*ir«‘ tors of th«> ‘ Company
(Signed) .1 f«. SAVPEriS.
•ur«t«ry
I It »V I illtllMl* 111 Ml V
VII.-ht|t»n ‘p»i" <
I eiterwl s|n,«. ItnoW.
Vt 'ilirrliir < pite nl.
IMmI) Iron A s,rrl.
lllle‘.-l l«- 1 r.»i i,
I onSnlln l.rSil A /.Ine.
I It \\ I null' It* in ‘I 11.
f»- > I,r A I rn<‘lk.
M'lhlmin tlMig t' it A
V\ ~t, - r'ne » run Ml
I rilpp.ll *lnlr IliiP'k.
i . * Itntliafof t'fil.
s iNthrrM *|pH li t' (iliiiae,
VV nshinalon • I,enter.
Lewis G. Gorton
Member lletrnlt *l'><k f.vehnnae,
Ilia Majesllr IIUIk. I'liniip Main Oft

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

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The Detroit times. [volume], February 23, 1916, LAST EDITION, Page PAGE EIGHT, Image 8 About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

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The Detroit times. [volume], February 23, 1916, LAST EDITION, Page PAGE EIGHT, Image 8
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920