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PAGE 8 WTOtONCERNS PMMMER6ER Qifoal MJtor Truck Cos. aa'l Bpg Cfirm Motor Cos. here been Hi |®pg f B the SignaKommerce fljnllf Truck Cos . and Incorporated H| J|g« York state, with 600.000 r&a««g of stock of no par value. The HEafc Is to be underwritten by 14 ffimaVr— of the iDetroit Stock F.t fiTfcanr who believe that the propo- MttM will be over-subscribed. ; TIM new comped yla wholly sDo hm|( organization and Its officers are mgfrolt wen Thomas Neal, former and later chairman of the i Inottl of director* of the General Motors Cos., and now vice-president *<of tbst company, vMU be -hslrman of tIM new corporation's board, and iHB direct It* policies Among oth gr directors will be Myron Neal, of tIM Acme White ’-cad A Color W. E. Parker of the Mexl t*. Crude Rubber Cos.; Arthur H. Buhl »nd Thomas J. Bosquet t, of the Asia* Inaurance Cos., and W. K. Host land, of Chicago Several other •Mb prominent In Detroit auto and Pupkiny circles are to l>e director* if th* concern. she merger unites two organita fffgs manufacturing a complete line pf trucks. Bach la said to have a substantial profit >n the Inst It months. Material Improve giloli in to be made in the Signal M«nt, and the Commerce plant Is to Im rnored from Sc-Ivsy and Mackle birps. to the Signal company’s plant, fldo. 071 Commonwealth-ave Capitalisation of the Signal com* *jmpy was about 0650 000 and the .Commerce about 1250.000. i Satinet L. Sprague, Investment Jtroker, denies that any other truck are to be Included in the [jpfrgur. Mr. Sprague says, it is un lErstood, the stock Is to be offered fgk fd a share when issued. Ev 8 AmaJhaa 8 H rroauce i j BKfe.®bHHiilßglnn men reported no ■KSm ttt quotation* this morning, ihimft receipts all along the line were Wtmtr moderately heavy. and the tone Kfiflii market wu Arm. Some effort !3m made to advance poultry prices UttU. hut aa the market la already mßmm high, the effort waa not euc- Sf Ao far aa possible, both and retail dealers allowed MKZka to run down for over the long r-Kf.ls l and alnce that time ever- - PEIrM Short Os supplies and the re I'ipfhta have not caught up with th. II.SO® 1.76 per box. shipping stock. «»,«*/ ju. HB|iß®l; hlackberriea 14.26 bu; * Mdß6®4 per bu.: pHa enataberflea. 24-qta.. $4 0 4 54) rJfcTfWhSrrf*. 24-qta. isei.ll m^hJSSSrnU m ream Cherrlea 92.26; B/mhrtoota. 93.6 e per boa; plums. $9.60: | KSo% $1.7 S war box. if'ftnMiaiisi 11 I*tr T 7 per box. Hb-cShhsme—New. |l.7S® 926 crate. ilor: Import.d BPx< »•' n>. Import of the conoition BT or ra* - . Imemcan state bank Br Detroit. Mich., at tb« clow of bu*l £K:|MMM June SO, 1010. a* called for by Commb.lunn of the Bank'n* P * rtm * n iVKßoUß C KH K£/l<oHWl~in4 diacounta, via: det>t.. ii n: RkIpMI. inortsaaea and gL »vturltie«, vU: rC « ft 4.164.49 ■pvlMM dept. I.TSft.XTJ «n 1,83.1.*40.is Hpitaffl account S.ol* <3 None [Hjutna bouac io».o«u 40 iHnltur* and fixture* . 55.739 S3 eatate 14.6>S> u Mm from other banka and IBUlttnhera 32.7 54 10 Bp #lIW HKS k ft v k Ku from banka Kil raar** 8 „ 3J Motion* l* n b a^k aE'-vtirren< / .... ftft.nto on Mg, coin.lM4« at t 13941.ft55.61 IjjMfclr from ban* a Kwfr rooerve rit» lea sM«3.4J|»4 Em 4. and Na- LaFtlooal bank fjPoUl coin ..,,, 50.000 ov i *|450.4J3 94 147.37ft.54 pppMcka and other caah »■>* k' Ip Total .18.040.614 11 LIABILITIES Hkbtttl atork paid 1n....6 38d.UOO.ini food 60,000.00 B.ybalVldetl profit*, t.et. . . . 4,014.11 I netdauda unpaid... 3.705.00 10 ., H.514,r,5i0 la I^^Mmoilt.. 3,000.00 yttftT!* 63,133.16 fjlaSa iepoalt.. 60.000 00 ... rv 8,673.80 It* fVooVac S 'Ehviaa* cer* Ej§T©tai rjM4Mvnr ■EL Walter J. I'ayea. caahler of the : Vn|Mtn named hank. <l<> *olemnly twnr ■■■333 lh» above atatement ia true to fm9M bMt of my kn<>wle/I** and he- HH MM correctly ifprrontu the true HBTR the aeVeral matter* therein a* *hown by the honk* .r havrs r rt *hie r : V''•&■■haerlhed and mnirn t» h.-f..re m» HMEai day of July, iftio HA*KL H VAWICKLIC, Wmmtg. Matary Public. Wavne Count v commlaalon expire* Keh ?i. H T»EMINO, CktrrlM —Sour. 910 1 10 per 14-u' partaalt— Hfd, 92 50 ft 275 bu Prtar—T CalVea—Ka ncy. 1H common. 19®lie lb frMk vsgctoblos--Orv«-» nepp*>* |I4O crstc. 40c basket. radish**. tic d«>* ; parsley, 20®2Sc d.»z ; ru cumbers, hothouse •>« n 7>)c' tl«•* h*>»- house tomituei, 12*ift 13- lb.; carrots, 100 36c do*,; head lettuce. I -berg 11260 150 bu.; wax brant, »: bu ; frsen bean*. 91 SOP 175 h.i i• r lortda tomatoes. 9-’ 7.' n • <i>*< a - **-ctJ<>na. II 2 u ' ’■ ' green pen*. 91.75® 2 bo w.tteretr-. Jr. t» ::0r per crate, green onion* 17 ' j 19c do*, gresu corn, 95.® 5 50 bill. Heaey—-rsn<-y white. n*»w. 14tfl7c. amber. 10b 11c lb.; extracted, 7 a *<c per lb. Hay—Detroit shippers are tmvlng the following prices for rai-d ray in car lota f. o. b, Detroit: V- 1 tim othy. 921 60029: standard •lmo*hv. 920.50® 21 ; light mixed. 92C.vff2f; No 2 timothy, 919® 19. No ; mixed. 91 6 60® 19. No. 2 mixed. 9119 12 N* 1 rlover. 919914, rye straw 97 50®*; wheat and oat straw. 94.60® ? per ton. I.emaaa—94 769 6 25 per box. ■ I me*—ll 1091 36 per 100 Weieaa Rockyford*. standam*. 94.60 crate, watermelons. 35 i each. Washrooms 40® 60c lb. Orasses- Valencia*. 949 4.75 box. Valencias. 93 50®4 per box. Onloas —Texas Bermudas, yellow. 92 159 225 white, 92.25 crate, south ern. |8 75®4 per hundred pounds. Peaches—Texas. 92 75 ped 4-basket crate. rtstbes —Texas, 6-basket crates $2.60® -76 Pineapple* —l2.7s® I per crate: 91 9601 75 do* : Florldsa, 9304 osae. P«t*toee- New Southern. |3 «s<l 8.75 bbl.; 91.7592 bu. Poultry —Broiler*. 9699*c: medium hens, 17® 19c; stags. 12® 13c; geese, ll®12o: rtucK*. 19 0 20c lb. jobbing mem. Canned Good*—Apples 9* 25 02 50 gal.; Lima bean*. 919125. Corn: Par. cy Maine, 91.15; standard. 91. Table beets. 91.2501.49. Peas: Fancy early June. 91.80: stan6g#4a. sl. Salmon tall, 12.90; Aat. pinga. 9<k* Tomt.ow, iTsB. Marrowfat peas. |l; early June 9160: sifted early June, $l4O per dog. Peed —Jobbing prices la fe-bbL sack a: Bran. 924: standard middlings. 921; Ana middlings. |lv. cracked corn. Hi; -orn and oat chop. 929 ton. rianr— Jobbing prices. Beat Mlehl gal patent, 99.90, second patent, $5.70; Straight. 96.50; pur* rye. 9«. spring patent. 99.30 per bbl. In paper sacks. Detroit 041—Raw linseed nil. 9»e; boiled llnaeeif. 70c gal in barrel lots. Kerosene In Iron oarrei*. Diamond headlight 92c; perfectlot:. »se. pal actna. 10.9 c; rad crown gasoline, 19c per gal. Hardware —Nall a *2.90 keg base; annealed wire. 93 #0 per bundle; gal vanised barbed wlra 2-polnt 92.2.' par spool: galvanised sheets. 24- •muge. 94.90; 97-gauge. 96 10; 29- ?auge, $6.36; 90-gauge. 95 46 per cwt : lunl bronsed axes, single handled. 9.60; double, $13.50 per do*., bla k sheet metal. II and 24-gauge, 93.25; 29-gauge. $1.90; 27-gauge. 93 gauge. 93.40 per cwt Carriage bolt*, small. 90c 10 and 9 off; large, 40 and 9 off: machine bolta email. 50. 10 and 10 off; large 40c 10 and 5 off list Hldaa —No. 1 cured hides. 15 Sc; No. i green hides, 16c; No. 1 cured bulla. 9c; No. 1 green bulla, 10c: No. 1 cured veal kip. 20e; No. 1 green veal kip, 19c; ..o. 1 enrad murrain. 19c: No. 1 green murrain. 14c: No. 1 cured calf, 29c; No. 1 green calf. 26c: No. 1 horse hides. f4; No. 2 horse hides, IS; No. 1 tallow. 9c; No. 2 tahow, 7e; No. {hides, lc off; No. 2 kip and calf. He off: sheepskin 'ax to amount or wool). 09169 1 Financial Strength OF THIS INSTITUTION AS OF JUNE 30TH, 1916 l| • RESOURCES " Loans and Discount* $2,040,116.26 l'\ \ / BoaA* and Mortgagee 6.109,792.22 ' '7 R; Ovedrafts 1^38.2S Real Estate and Banking Houses 233,683.73 ; Cash on Hand and Due from Banks 1.804,180.41 $9,968347.87 1 ( UABiunes 1 C«w s*o«k $ 500,000.00 .dBMBi ' Sg Surplus and Undivided Profits 214318.46 \ . Coaanaarcial Deposits 2,066,191.82 Z: h Savings Deposits 7.189,440.89 1 DIRECTORS DIRECTORS W. P Holiday Edgar Rexford • | ..J .1. . F H M.P,—.. "‘Look at these figures” Thev iriv* you in condensed form the condition of the German American Bank at the clone of bu.oinesa, June 30th. 1916. an required by the Commissioner of the State Banking Department. ■ f N /|| fit k*k 1.1A1111.1T1 K*A. mwm n< r.*. ...j mth • Bmjmm.m las SS SS3SS.: ::: “iigHS ... ... .. skas R2£SW'«fca::::::: jjnijjlj 04.4542ia1.ai 64,4*4.5*7.45 omrtit DinKC'Tons Oeo. H Ktrrbner. Pra# Ker’e, P A*ron <~ha» W Knt*h*r Paul * Or*. 1 ou-tav r>erm*«*Mt*r Abner * I^m*d rha* W Kotrher ' Vlcw-Pr*# p . u , n f»re> I***"* J'V'". Abner K banned ) William J Hartal* el ay K 4 ward Tentr. h Ca.hter rh.« ft. K*n'»r ®ra J Multord John Ko«h. A«t O.ahler <!♦,, It Klrrhner Crrentua m ’ H J Koeh. A Cnehter Mat C Ko.il Ou.tavua 1» Tnpe Emil Jacob. Auditor German American Bank and ''.rail'd HB4M HM TO SR OPENED HOOT. OralM and Haettn** fterndale and *>prl»i* well* Mark and Mt HMI. Hamilton and Webb Jnweph C ampati and >eet#n. 64 nod ward aad DM | Financial Notes J Amerbrr. Smelting and Refining ha» reduce,) the prl < of lead from 7 to 6‘y cent*. The Ir• n received a wire fr< *n t'iaf ' •> ore sit uation e'ahile ut ' here 1 did a v<. .. 11 • • • rg anise tha do 'k v .-rkei • were without avail. Ore shipment* are going on steadily. ilea line offi-ials deny the report , ran v har 'ir l» negotlatin* the sale of •it lie 1 . or th. th* Fhi adelphia ltr:ni!ti)i i’. al-lron ' > r the »le H (1- Ina l-.ui x\>.. to the Bethlehem Mecl corporation. Th< formation of another r.ew au accea« r» ombinaf.on is ind*-r v\a> Pr m ter* cr- attempt (r;K 'o' eerure control ■•f .-ert.i'n trn- T ortant ompame* T»>- similar com i .riles l 1, >• he, n la .ti' - h*il recently, t’t;ited Motors, and Motor Product* !>»)th the American and British In terests »h' h will be represented n tr-e eew hoard of director* of th« International Men ar.tile Marine <’o The Peoples State Bank Announces the Removal of Its ARCADE BRANCH to 99 Washington Avenue (ADJOINING THE STATEER HOTEL) The new banking offices have been especially de signed for the accommodation of its patrons and a commodious, well appointed Women's Rest Room, on the mezzanine floor, should be an attractive feature. Safety deposit vaults, equipped with the most modem devices for protection and convenience, con taining boxes of various sizes, for rent at moderate prices; also space for the storage of silver and other valuables in bulk will occupy the extensive basement floor. Resources Over Sixty Million Dollars* DETROIT TIMES favor a plan !•> build new *hlp*- out of earning- Tentative plan* under wav. all f r n«tr tlm, of * large number i»f *hip* out of ca«h re»er»*a of the ronipanj While new .-onatru. tiyr appropria tion* of I nite.l State* Steeh aggre gate 990.n0t\00*> to 9*0.000.000. It la not the purpose ul the management to carry forward It* hulblmg cam paign with a r ;*h A !*'*•' amount of money will go int-- ronairucth>n thl* vear. but million* »f dollar* will he held In re*, rve to he u*ed for eon*truction tlurmg the nr\t pericai of depression. June waa the biggest month In his tory of I'nlted Krult t'o. Net profit* reached $:.540.000 Thl* 1* at l»*»t s:o>o.oo'.* larger than th- biggest pie vious month th* eoinpan> ha* ever had. and equal* over five per cent on the 944.000.000 stock During Ma\ and Jun*. I’nlted Krult earned about $4,400,000 net. a sum equal to more than an entire year * dividend at tb* rate of 8 per cent. An entirely new Isau# of war bond* will k- authorised hy cnn gre**. Panama canal bond* now au thorised, are not to be laauad to raise money to ray expense* of Any m'tHary operation* according to rreeent Indloatlon* at the treasury department Th* Panama bond* run for 50 vear*. and the administration ia opposed 111 50 >eap» interest charge* Special war »>ond* of em*ll deoonilnation* running (111 one to g\e year* probabl) will b*- the aiedium* It l* stated at tre.i*urv. Woodbury. N. J.. prohibit* drink ins by city employes when on duty REPORT OF THE CONDITION OF THE GUARANTY TRUST CO. OF DETROIT At the close of business lune 30. 191*. a* called for b> ih- Commissioner of the Hanking Department. resoi-rces Collateral loan*, time 9 0»«> pn Leans on Tea! estate. n. «rtg.»ges. In office . 4J.12 1 ' 53 Du« from other bank* SSL?*!"?; “r~.!7 Due from ap pr -ved re **l ve ah *n t*. 1170,453 39 Nick- ’sand cent* .. ... 491 .Rilvf r f .a.n , • GoM 01 n 423 00 170.933 10 T ANARUS, f4 l 9 341.5*3 *9 LIABILITIES Cap tal steck paid In I I** *OO 00 Surplus fund .6>s* 3« Trust deposits »* M •• Total 9 2417542 «* fit at- f Michigan. County of Wayne, a* I, B V. Butler, aecratarjr of the above-named corporation, do solemn, lv «asir that the above atatemsnt Is true ». the beat of my knowledg# and belief W. V. BUTLER, Beereury. Subscribed and *wom to before me thl* ill* day of July. 1914. WALTER / KRUEOER. Notary Public. Mr commission expire* June 19. 1919 Correct—Attest F RANK H. BEfifiENGER HAROLD R. MARTIN GEORGE H. KIRCHNER. Director*. Report of Condition of the Hhstcv’Old Detroit National Rank At the Close of Business June 30th. 1916 RESOURCES Loans and Discounts s®2**J*' ■'tt U. S. Bonds 1.959.40000 Bonds and Securitiea *'l™ m Safe Deposit Vaults, Furniture and Fixtures .157.541.11 Customers’ Liability Under Letters of Credit 201,314.00 Foreign Bills Purchased 45,208.53 CASH RESOURCES Due from U. S. Treasurer $ 320.750.00 Due from Banks 9.465.821.47 Due from Reserve Agents 5,829,126.34 Cash on Hand 5.099,976.20 $65,364,390.35 LIABILITIES Capital Stock 3 5,000,000 OC Surplus Fund 2.500.000.00 Undivided Profits, Net 291,900.42 Dividend No. 9. Payable July Ist, 1916 100.000.0 C Reserved for Interest and Taxes 168.072.21 Circulation 1,436,200.00 Bond Account 200.000.00 Letters of Credit 201,314.0 C Foreign Bills Rediscounted 45,208.53 Deposits 55,421,695.19 $65,364,390.35 OFFICKR* Alri. Mfrhrr*nii, Chairman «*f the Hoard Cmorr AS . I lark, I'rrddrnl Urn. J. (Irrr. Vlrr-Prra. Walter t*. >l«*hol«on .Caahler Win. T. Ilrl.ran .. . 1 Ire-Prr*. W. McWblmiejr %««t. t auhler Frank (I. «mlth ... \ Ice-I’rea. F. F*. < hrla.fi e \»*|. lankier Merle H. Moan .. Vlr»-I*rra. Klmrr H. Ford %••«. ( aabler Jaba W, ... \ !ee-Pre«. nn»»ell K. '**>'»*• lot. lankier Kdmard l\ Mahler Vlre-Frea. Jnn.e« WII «a«|. 4 naablrr Jabn H. Hart \ lee-l*rea. 1.. F. Her* Mar. Forelan Kxrhg. CONDENSED STATEMENT OF Merchants National Bank DETROIT, MICHIGAN At Close of Business, June 30, 1916. RESOURCES Loans and Discounts $6,506,564.42 Bonds, Securities, etc 848,097.07 Customers* Liability under letters of credit... 100,000.00 Overdrafts 307.43 Furniture and Fixtures Charged off Cash Resources Due from Banks $1,311,079.89 Cash on hand 811,234.03 Total $9,607,882.84 LIABILITIES. Capital Stock $1,000,000.00 Surplus 250,000.00 Undivided Profits, Net 175,211.86 Reserved for Interest 13,761.72 Reserved for Taxes 21,651.18 Letters of Credit 100,000.00 Deposits 8,011,255.08 Total $9,607,882.84 ornt km join n % i.i. % vrvsa: Preaident f,4 Yin t.HO Vlf*.l’ff«Wfiil JOMX r. HKMir.'ll'.H Ilr*.|’rf«Wfi»l HI. YJ. <«. \ I'.RXlll llrr-l’rr.Mfnl nn,| I Nokl.r uj'RKII T. IMil MKS . . Mm,miter nl I rrtltta MKMtt WIKI.K.n r n*Ul«m I ».ln»r U ll.TK.lt R. jot laalatant I Hklrr IIINM HIM jnlin RallanMnr John I nil troll John Vr Memmeter \t nlfer O. HHu« Inman t% . I.nnilr notiK h Intro, W, 1.e«%1a Itncb I ktlmrr, llaiM Oral Ohrrl ►.. «|.,^rr Hay R- ll»a«brr Oren ». II*»m Irul k W. atcrrna Horace K. Oa4«e SCmV Mrah ADVERTISE IN THE TIMES-IT PAYS. 3% ON YOUR DIVIDEND CHECKS Don’t let your dividends lie dormant until ready to invest them. Deposit them in this bank, where they will earn 3 r r interest from date of deposit to date of withdrawal— Interest for every day they are in the bank, whether one, thirty or a hundred. v JULY is the time that most banks will figure interest on savings deposits. It makes no difference when you put your money in this bank —except that the earlier the date the sooner it starts drawing interest. The Bank That Says ‘Thank You” Highland Park State Bank of* Detroit 43 Fort Street West—Penobscot Building. Detroit Patriotic Fund I hereby contribute $ toward a fund to be establisned for the relief of wives, children and other dependents left in want by the contingencies of military service in this country’s interest. Signature • ••••••••••••••••••••••••*••••••••• Please send contributions to “Detroit Patriotic Fund,’’ care Postmaster William J. Nagel, or care Mayor Oscar B. Marx. For information phone Light Guard Armory, Main 4890. CONDENSED STATEMENT OF Wayne County and Home Savings Bank DETROIT, MICHIGAN At the Cloee of Buelneee June 30th, 1916. RESOURCES Real Estate First Mortgages $18,624,661.78 Bonds 6,912,948.77 Collateral Loans 6,718,618.88 Ixians and Discounts 4,367,858.56 Banking Houses and Branches 1,374,602.87 Cash on Hand and in Banks 10,505,776.00 $48,504,466.86 LIABILITIES Capital Stock $ 3,000,000.00 Surplus Fund 3,000,000.00 Undivided Profits 1,068,629.35 Commercial Deposits 8,524,782.38 Savings Deposits 32,911,055.13 $48,504,466.86 Condensed Statement of The PEOPLES STATE BANK DETROIT, MICHIGAN. At the Clone of Bunlnaaa June 30, 1916. RESOURCES . Loans and Discounts $30,362,755.66 Bonds 7,866,852.76 Mortgages 12,363,856.77 $ 50,593,465.19 Real Estate 108,909.85 Overdrafts 9,558.60 Banking House and Branch Buildings 1,250,000.00 Furniture and Fixtures Charged off Cash on hand and due from banks 13,519,427.44 " $65,481,361.08 LIABILITIES Capital Stock $ 2,500,000.00 Surplus 2,500,000.00 Undivided Profits, Net 1,138,381.34 Dividends Unpaid 75,156.00 Commercial Deposits $25,633,171.31 Bank Deposits 6,855,979.65 Savings Deposits 26,778,672.78 $65,481,361.08 DIRECTORS Runnel A. Alger t t M J Murphy George H Barbour Frank JHerker W Howie Muir W. T. Borbour Fred W. Hodgcn C. W. N'aah John R. Bodde J C. Hutchlnn T H. Newberry H. P. Borgman Je* T. Keen# Henry Runnel H. M.rampbell H. B. I.edynr«l Hugo Scherer B. S. Colburn Jan. T. McMillan F. A. Schulte C. A. Duf’harroe R 8 Manon Angun Smith Jeremiah Dwyer Fred T. Moran Homer Warren printing—ithe plain neat klai-tNt Printing— the plain rmat Mail—that l« Halt —Tlbm Jnh Dew*^— Wain 4ft*© la right— Ttaaea J«h l)f V t.—Main 4A90. FRIDAY. JULY 7, 191*.