The Detroit times. [volume] (Detroit, Mich.) 1903-1920, August 01, 1916, GRISWOLD-ST. EDITION, Image 1

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, August 01, 1916, GRISWOLD-ST. EDITION, Image 1',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83016689/1916-08-01/ed-1/seq-1.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83016689/1916-08-01/ed-1/seq-1.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83016689/1916-08-01/ed-1/seq-1/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83016689/1916-08-01/ed-1/seq-1/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

The Detroit times. [volume], August 01, 1916, GRISWOLD-ST. EDITION, Image 1
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 (8.1 MB)

The Detroit times. [volume] (Detroit, Mich.), 01 Aug. 1916. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83016689/1916-08-01/ed-1/seq-1/>

Newspaper Page Text

COMPLETE MARKET
REPORTS—LATEST
SPORTING NEWS
SIXTEENTH YEAR. NO. 262.
JAMES HURLS FOR TIGERS
PEACE NOT
TO AEFECT
PROSPERITY
National Bank of Com
merce Trade Letter
Is Optimistic
BANK CLEARINGS
HERE SHOW GAIN
Commerce Through
Soo Canal Increases
Million Tons
Th# trad* letter ri the National
Bftak of Tomm-rc/ of Detroit for
August Mjrs:
"That busing will receive an
Immediate itMbark when the war
ends seems unlikely. Th** very mo
mentum of present domes!lo and
foreign business win undoubtedly
carry on the volume of trud* for a
considerable period even after the
European war comes to an end.
“Next to food, rhelter and doth
lag the prime requisite of life Is
transportation The motor car not
only furnishes Individual rapid Iran
alt but gives a vast amount of
healthy pleasure Available statis
tics Indicate at the present that ap
proximately two and one-half per
rent of the people of ihe United
States own automobile*. There is
no evidence of a plowing down of
orders In this great Industry.
“Commercial transactions ar?
maintaining a substantial volume
through a summer period which
•anally witnesses a larger failing
Hf. Slightly abated activity Is to
ba noted In some quarters, and
there are definite evidences of re
adjustment and a closer approach
to normal.
“Bank clearings In M 2 cltlns during
June aggregated nearly 21 billion
dollars compared with 14 billions In
June of laat \ear a gain of 46 per
cent This la anew high rocord In
clearings for the month of Juno.
Clearings outside of New York city
were eight billion dollars compared
with ali billion dollars a year ago,
a gain of 12 per cent The l-etrolt
Clearing House reports Hearings
for June. 1916. of 1159,7’4,5»12 .'•>», as
compared with 1124.679.40C.34 for
the same month last year
"Export* of merchandise during
May totaled 472 million dollars com
pared with 142 millions a year ago.
making a favorable balance of
trade for Mav of 24.1 million dol
lars compared with 132 million dol
lars for May, 191 .V The department
of commerce has estimated our for
elfn trade-totals for the 12 months
ending June 30. 1916. the amounts
for June being based upon final re
turns for May glv- n above Exports
for the 12 month* nre esttiuu cd at
4,349 million doll»r<* con jured with
JUG* million dollars for the previous
12 month*, the pain being 1.577 mil
Hon dollars or .'.7 per cent.. Im
ports for ihe period ere estimated
at 2.lXb million dollars compared
with 1.671 million for the corre
sponding period last year
"Lake commerce through ih*» 800
canal In June totaled 13.000,000 tons
compared with 12 million tons In
May and eight million tons In June
las* veat The June movement set
anew high record. The eastboun I
movement was nearly 11 million
tons, the same as In June a year
ago
"During the fiscal year ended June
SO, 1916. there were 1.030 v.saels
build In the United States with n
gn as tonnage of 947 thournnd tons
compared with 216 thousand gross
tons for the 1.266 vessels construct
ed In the previous fiscal year.
Superior Iron ore rhlp
ments during June again *et anew
high record totaling ».S(M thon«an>l
tons compared with 8,460 thousand
tons In'May and 8.00& thousand tons
In June, 1915.
"June business failures numbered
1,289 with liabilities of 10 million
dollars compared wMth 1,622 failures
in Jupe a year ago with liabilities
of nearly 18 million'dollars As the
assets of the concerns falling In
June this year were less than flvo
million dollars compared with not
quite 11 million dollars In June, a
year ago. net liabilities were five
million dollars compared with eight
million dollars last year"
at rrwt and iwais.
Mutter— Extra creamery, l’y lb;
creamery firsts. 114 c; dairy, 11c Ib,
paokaa*. 11c lb
■m»—Preah receipts. cases Includ
ed, grata. lie; current receipts, 114**.
Receipt a Ttieeday S.III oases
BEAR STORIES
BOOST WHEAT
Report** of Additional Damage
Add Two Cent! To
Prices
CHICAGO, Aug 1. —Sensational
reports of additional and progressive
duinage to crops In the northwest
boosted wheat values more than
two cents today. Early favorable
reports were responsible for on easy
opening latter reports said that
blight and rust were causing heavy
damage and spreading to the Cana
dian crop. Predictions were that
the spring crop would be light. Sep
tember wheat was up 2 l-4c at 123;
December up 2 l-2c at 126 1-2.
Cooler weather and reports of
showers In the corn belt were off
set by h light movement and the
rise In wheat and there was a slight
gain In corn A -heavy undertone
was displayed at the opening. Sep
tember corn was up l-4c at 78 1-4;
T>ereniber up l-4c at 67 1-8.
Oats were steady In the early
hours, but strengthened on gains In
the other grains. September oats
was up 1-4 c at 40 78, December up
1 8c at 43 1-8.
Provisions w»re steadv.
Grain and Provisions
kamwiM. 1 .;-. ■ aas—a—csaw
DETROIT, Auk 1 -Wheat was oft
at the start, but early In the day
rnad" some rtcovsfy Bears looked
for low er prn <*s owing to Improve*
ment In northwestern weather
Sample* of wheat are reaching
Chicago and other markets showing
areat damage and the roncluslon
draws Is that the spring crop has
suffered Irreparable Injury In the
paat f-w weeks. A letter from a
prominent mill In the northwest
says it is not simply great damage.
It is a calamity. This mill estimates
tne ctop of *he three states at 125.-
000,000 bu, •>» shout half the tndl
rated production All this causes
dealers to feel bullish, notwithstand
ing the cooler weather, and near’y
all dealers bellsv* In higher prl »*
Ister in the season wimout regard to
more favorable weather.
The United Kingdom vlalhle sup
ply decreased 3,272.000 bu last week,
and reports show that the continent
v til he an aet ve buyer. VHirslgneri
have become thoroughly alarmed by
American crop conditions and have
bids In the market all the time Has-
InK opinions on present crop outlook
and milltnK demand. cash dealers
look for s scarcity of wheat In this
country before anew crop Is har
vested Detroit dealers complain of
a very slow demand for cash wheat
In this market
Wheat was Irregularly strong af
ter *n easy opening and the rlose
was at mi advance of 3c In cash and
l , .iii j'*i' In the futui-s
Corn declined %c, nnd beans ad
vanced 10c.
Tuesday's wheat quotations: Cash
No 2 red. fl 30; September opened
with a drop of Ur, al 1' 30. and ad
vanced to $1.32 December opened
at |t 33% and advanced to $1.36%;
No i white 11.3
Tuesday's coarse grain quotations
Corn <'ash No 3. S3' , No 3 yellow,
K*V No t yell,.w, *2%tfß3%c. Oats
Standard, 4 2c; No. 3 white 42c.
September. 46 %r, No 4 white, 40 tt
4 o c Rye Caah No ITr Beans
- lmmediate and prompt shipment,
s.*> 70 hid Heeds -Prime red clover
and alsikc, $9 30 prime timothy,
$„ print' alfalfa. IIV\II.
Receipts In tTie T>etrolt market
Tuesday Included l.ftno bids of flour.
4 inn of wheat, 2 of corn and 15 of
oats Shipments were 1.04)0 hhls of
flour Stocks are 159,000 bu of
wheat R'<.noo bu of corn. 35.000 bu of
oafs snd 10,Ton bu of rye
The world's visible supply of
wheat decreased 3.042,000 bu last
week, and is now 104.714,000 bu,
ngainst 58,509.000 bu a year ago.
Primary wheat receipts were l, -
31 3,000 bu. against 937,000 hn a year
• »"
Wheat receipt* Tuesday Duluth
13'. cars, against .33 a year ago; Min
neapolis. 292 cars, against 217. Win
nipeg. 911 cars, against 35, t'hlcrtgo,
332 ears, against 250,
Exports of wheat and flour Tues
day. 553,000 bu
CHICAGO GRAIN
CHICAGO. Aug 1 Opening
Wheat S-ntrmber down Hr: Decem
ber down %r. Corn September down
So. December down He Oats, Sep
tember up Ur. December down %c.
Provisions Higher
Noon Wheat September tip 2%0;
December up 2 Sr. Corn September
UJ| Se; December up '.r Oats Sep.
tetnber up ',r. December up Sc.
Close- Wheat Sept up 3*«c, Dec.
up 4 S' - . Corn: Sept up Hr, Dec.
up \r. Oats- Sept up Sc, Dec up
Sc. Provisions: Higher.
Quotations furnished by Paine,
Webber A Cos . A lie I, Ist 4
Open. High. Ijow. Close.
W heat
Kept. 1 20% 1 744 1 10 4 xl 24 4
Dec. 1 24S 1 28 4 1 2.1% si 2»4
Corn—
Kept it :«4 774 h:n\
Deo. 47 67 4 66 \ h 47 4
Oats—
Kept. 404 41 404 xbHP»
Her. 43 x43\4 x 42% »43’«
Mmv b 46 4 «4 45% 44
f*ork—
Kept 24 56 24 67 24 55 24 67
laird
Sept. 12 67 12 70 12 62 hi 2 70
May . M 2 35
ntbe -
Kept. 1* 42 13 50 13 42 b!3 4.*.
T4II.KDO DRAIN.
TOLEDO. n„ Auk I—Wheat Pash
by $1274: Wept. 11334; Dec.
? 1.174. Porn: Pash. 33r; Kept , SO4;
Ire .60 C. Oats Pash. 434 c; Kept ,
42\c; T»er, 454 c. Ilye Pash, 9J»i4e.
Plovei seed Pash. $9.30; Oct., $9 40;
Dec., 19 12. Alslke Prime, 19 30
Timothy Pash, 13 15 flutter: Brick
cre*m*>rv. 30c. tub creamery. 29r.
Egg*: Uresh candled, 26c; fancy se
lects. 21c. May: Unchanged
new yohk in nr.it am* kcr^s.
NI6W YORK. N Y . An*. 1- But
ter- Firmer; receipts, 23.703; cream
ery. extra. 2*4 w 30c. state dairy
tup*. 23 0 29 4 <*{ Imitation creamery
first*. 250254 c; special. 304f|31c
Eggs Unsettled; receipts. 21.945:
nsarby whits fancy. 151931 c. nearby
mixed fancy, 244931 c; fresh firsts.
244 Wile.
DETROIT TIMES
| Detroit Stocks |
'I'IKYUA V ’S *4ITOTATfONI.
Bid Asked
Acme W L» A C.. com l<%
1 Do, preferred. 19
1 Amer. L. A Trac., com $66
. Do, preferred 109 112
,Am Pud Util. Cos, com 4* 47
Do. preferred 74
;Auto Body Cos •• Vh *s*4
1 Burroughs Add. M. Cos. $66 ••••
; Chalmers Mo. Cos . com I*6
Do. * 103
I Char. Ir Cos.. Am. com .... • %
Do. preferred 6%
Chevrolet Motor C 0.... 197 203
Cities Her. Cos, c0m.... 272 3so
Do. pi < f<-r r « and 86 67
Coahulla Dead A Zinc *S
| Com. It P A I*. com. 64 63 S
I Do, preferred 84% 86
Continental Mtr Cos., cm s4*4 • *
Do, preferred 10%
D. A C. Navigation, xd 88 ....
Detroit Creamery Cos.. 26 ....
Detroit Edison C0....* 189 ....
Det. Iron u Steel, com. 18 17
I>o, preferred 10 % 1«
Detroit United Ry 11s 120
Oet Valve A Fit. Cos. 10H4
Edmunds A Jones, com 37
Do. preferred 82 97
Ford Mo. Cos., Canada 34 3
Oen. Alum A R. com. 87 89
Oen Motor Cos., co xd.. 490 680
Do, preferred 114 117
Hall Damp Cos 80S
Hclland-flt D Sugar It
Iron Silver Mining Cos. 180 210
S S Krcsge, com 10*4 115s
Do, preferred 10 5* US
Maxwell Motor Cos., com 80 82 S
Do, Ist preferred.... 86 89
Do. 2nd preforr*'- 3** 69
Mexican Crude Kubeer .... 1C *4
Mich Stamping Cos. cm 335 415
Mich State T Cos. pfd. 91S 93 54
Mich Sugar Cos, com 109** 111
Do. preferred 98 ....
Miles-Detrolt Theater 9
Minnesota Sugar Cos.. '** 54 ....
Do. preferred ... . 34 ....
National Grocer C 0.... 8454 ....
Do. pref >*r red 92 54 ....
Pac (las A Klee . corn. 68 60
Do. preferred 87 90
Packard M<>., com. xd. 173 ....
Do, preferred 104
Falge-Det. Mot. Car Cos. 44 60
Park*. Davis A Cos 160
W K. Prudden Cos 40 44 %
Iteo Motor ('ar Cos 4 3 4 4
Hen Motor Truck Cos. . . 35 3 7*4
Pcotten-Dlllon to 45 ....
Htudehsker Corp, com 123‘4 128
Do, preferir-i 105 ....
Town * (’ream. Cos, y.d 40 ....
Ti used Con St. Cos SI *4
Do, preferred 10%
White Star Dine 66*4 ••••
Wolverine Cement Cos *54
flanks and Trust Companies.
Mid Asked
American 4rtatp 170
Central Having* 260 ....
Detroit Savings 290
Dime Savings 30* 324
Federal State 187 181
First A Old Det Nat.. 196 202
C*t man-American .... 179 19854
Highland Pk State xd .... 400
Merchants National... 174 160
Nat. Hank of Com'area .... 222
Peninsular state. 297 ...
Peoples State 272 276
United Savings B»nw„ 130 ....
Wayne County Home.. 378 ....
Detroit Trust Cos 374 398
Security Trust Cos 242 ....
Union Trust Cos 184 *OO
<Jer.-Am. D. A T. Cos. 196 ....
The following firms are privileged
to execute orders on the Exchange:
W K Moss A Cos., Carlyle A Povah.
Oeo M West A Cos.. E. E. Muccron*
A Cos. H W. Noble A Cos.. D L. Sey
mour A <3*». W R. McDaughttn. Mer
rill, Dynch A Cos., w. A. Hamlin A
Cos, VVm A Neer A Cos.. Sinclair A
Couls, Emmet D Sprague. Wm. H.
Rose A Cos. 6’. K. Pelton A Cos., Joel
Cos. W. K Reilly A Cos Matthew
Finn. A W Wallace A Cos.. G.
Storksrd A Cos., Bennett. Smith A
Gorton.
Livestock
I
>Q ' ■ —• ■■ ■' ll—■
3IIPII It, AAi CENTRAL STOCKY A R l*S
DETROIT, Aug 1 1 attl j: Mar
ket dull; best heavy steers, $87(8 60,
best bandy weight butcher steers,
• 7.503/7.75. mixed steers nnd heifers,
$6.764/ 7 si>, handy light butchers,
$6 2pxi 7 , light butchers, $5 6044 6 25.
best cows. $4 254/4 60: butcher cow*,
ss*t6. common cows, $4.50415; can
ners, $.147 425 best heavy hulls. $6 25
V 6 50. bologna bulls, s.>'3 6, feeders,
$6 5031 7 50; stockers, $5 50:3 7; milk
1 ers and springers. $404/65. Veal
calves Market dull, best grades, sl2
'1( 1 2 50. other grades, IS'jJll. Kheep
, oml lambs: Market steady; best
lambs. $10.50; fair lambs. $9 75910 25,
light to common lambs. sl9* 26. fair
to good sheep. $5 5077 4 2a; culls and
I common, $34/ 4 60. Hogs: Prospects:
i Pigs. S9.So, yorkers ana heavies, $9 75
U 9.90.
EAST lit FFU,O LlVg 4TOCK
Manning Jt Stevens
i EAST Bt KKALO. N. Y. t Aug 1
Cattle Receipts. 6 cars; steady,
choice to prim*- steers, 19 234/9.35.
good lo choice, $t 75799.26; fair to
good, $$ 2641 4 76. yearlings dry fed,
prime, sß.7s'it 9.25; best handy steers.
$87|H.25. light butcher steers. 17.25 V
7 best i>ut< luring steers and heif
ers mixed. $ 7 25 71 7 75; best heavy fat
cows, f7477.5i; butelw cows, $1,500
6. (titters. $175(1(5, canners. $3 50 jjl,
I fan<\ 10111“ $6 707f 7 25; butcher hulls,
s<■>}( 4,75. common bulls, $5 50 95 76;
light common stockers, $6&6 $5.
feeillnK steers. $7797.25, nillchera and
j springers, s7i«7<|loo.
, Hogs. Receipts, 15 cars, steady;
I heavv and yorkers, $lO 503( 10 56. pigs,
$1" :!>.
i Kheep Receipts, 2 cars, steady;
; top lambs. sll7lll 25, yaarllngs, ssso
! 31 9 50, wethets. s»4r 8 26. ewes, $779
7.60.
Pa Ives: sss/13.
4 IIICAHO I.IVK KT4H K
CHICAfK*. Aug. I.—Hogs: Receipts,
1 7,000, market, steady, 6c lower; mlx
jed and butcher*. $9 107* 10.05, good
heavy, s'• 36 499 95; rough heavy. 1* 05
171 9 20; light. $9 457710 pigs. 17.76 If
96n P*ttl*> Receipts. 3.500; market
steady; be« ves, $6 857(10.40; cowa and
heifers, s3.SOti*26; afockers and
fie.l-T f B$; Texans, |7.26 77 8 So,
calves. $4 60 7( 11.75. Kheep; Receipts,
,14,000. market, steady, !•*: lower; ns.
111vr, ifi.76<l 8 26, western. $7.2501.26;
I lambs. $7.267i 10 60, western. $7 507(
11.
(I.FUiUMi LIVE STOCK
CLEVELAND. Aug I. Hogs: Re
ceipts, 1,600. higher, vorkera, mixed
and mediums, $10.36, pigs. $10;
roughs, SS; stags, $7 75. Cattle; Re.
‘celpta, 6 cars, steady. Kheep and
lamb* Receipts, 3 cars; weak;
springer*, top, $11.60. Calves; Re.
celpta, 200; steady; top, 113.
TOLEDO LIVE STOCK
TOLEDO, Aug 1 —Hogs; Receipts,
2,000 steady; heavies. $lO 807910 30;
'mediums. $1 o 2<»ti< 10 95. yorkers, |9 90
| 4710 90. good pigs, |9.75 9 9 90.
I Calves: Market steady. Kheep and
lambs; Market steady.
WAR ISSUES
ARE STRONG
AND HIGHER
New Munition Orders
Have Bullish
Effect
HUGHES’ SPEECH
WELL RECEIVED
Railways Share in the
General Upward
Movement
NEW YORK. Aug I.—The New
York Evening Sun financial review
today «aid:
“Trading In the general Hat, al
though heavier In volume than re
ported in recent days, to a great ex
tent was made up of the operations
of the professional element, which
reflected more cheerful sentiment
over the real factors underlying In
trlnslc values, while as a rule It
worked for better market quota
tions.
“Prices opened strong and higher,
practically throughout the list, In
creased buying power reflecting the
favorable reception In the street of
the Hughes speech of acceptance
and fuller realization of the signifi
cance of the new orders being re
ceived by the munition companies.
“War industrials were especially
prominent In the first dealings, with
advances of from one to two points
recorded.
“Demand was more diversified
than recently reported and certainly
more vigorous. The standard rail*,
however, with the exception of
Southern railway, which was strong
on Its June statement of earnings.
lagged.
“In the course of the late forenoon
market the rails became more prom
inent. particularly Union Pacific,
which advanced to above 138,
against its closing at 136 8 4 the day
before.
“The question of a general rail
road strike at the moment does not
loom large in the financial district."
rrnn copper stock*.
Quotation* by Hornblower A V> eekm
Aug 1. 191«- BM . Asked.
Butte A -J, *•„
Chief ** >
Cons ‘7* ..
Davis Daly *.,*
First Nat. * *
Ooldfield Pons v*
Jum Ext i?
La Ruae
Jlagms. u , u
Ohio Pop i '
Ktewart ’5 r,
1 t'olnmnc . • ■ • *»*>
| Financial Notes |
The Pullman Cos. has* declared a
dividend of 2 per cent.
I
The United Ktatee government has
been awarded title to 160 acres of
Kern county oil land valued at $lO,-
000,000
The Keweenaw Copper Cos. has lev
ied an assessment of $1 a share, pay.
able Kept. 2, by stockholders <>f rec
ord Aug. 12
Dividends nnd tntereat disburse
ment in August, according to the
.Journal of Commerce was $160,725,-
443, anew high record.
The Leavenworth Topeka railroad
has been sold by the Atchison and
| Union I‘aclfic Jointly to Kansas Pity
i Interests The line will be electri
fied.
The Erie railroad for Tune reports
in operating Income of $1,726,607, an
Increase of $1 81,746. six months' op
erating income was $8,#51,648, an In
| crease of $2,320,248.
There Is an easier tendency to the
time money market due to the in
crease In funds available for loans.
It Is stated that borrowing Is more
readily to be at ranged, especially for
1 short dates, and the rnte* periods
show declines of about t, per cert;
five and six months money Is un
changed at 3*« per cent.
I
! The Federal Reserve board hxs ap.
; proved the following Increases In
' rates of discount for paj>er for the
Cleveland Reserve bank Commercial
paper from 80 to 40 days, 4 per cent
to «4 pet cent, trade acceptan e. 30
to 60 day a, 3 to 3*V per cent, and from
j4oto 90 days, 31* to 4 per cent.
I The Internatlnoal Nickel Cos. of
jPanadA Is the title of anew corpora
tion chartered In Ottawa, Ont The
i capital stock Is $5,000,000 and the
' head office of the company Is to he
!in Toronto. Tills Is the first -<tep
'taken by the International Nickel Pn.,
!thr American corporation, to carry
I Into effect the understanding given
to the government last winter that a
nickel refining riant would b» estab
lished In the dominion
TUESDAY, AUGUST 1, 1916.
GIVES 530.000
TO HIS KIN
Peter Kaths Divides Sum
Among Children and Grand
children at Reunion
Peter J. Hatha, a well known In
dependent oil dealer of Detroit, lu
vlted his nine children and his
grandchildren to his home. No. f>62
Ferndale-ave., Monday evening, for
a family reunion, und announced
that he was going to divide among
them $30,u00. that he might see
them enjoy what he had to give
rather than leave it. to them after
his death. Each child received J3,-
000. and the grandchildren a simi
lar amount.
“I want to see them happy while
I am here to enjoy It," said Mr.
Kaths. "I have enough for myself.
Let them have the rest."
Mr. Raths was born in Germany
77 years ago. and came to this coun
try to «eek his fortune when he
waa 16 years old. He grew up with
the west side of the city and suc
cess came quickly. His thoughtful
ness for others is one of his most
noticeable characteristics, fils chil
dren are J. M. Raths, Saginaw; M.
P. Ilaths, Charles Ralhs, Mrs. FI
B. McHugh, John J. Raths, Mrs. J.
H. Fish, Peter L. Raths, Mrs. J.
Klebba. and Edward M. Raths, all
of Detroit,
N. Y. G. MEN WIN,
WAGE INCREASE
BY UNITED PRES*.
NEW YORK, Aug. I.—Substantial
wage Increases, vacations and extra
pay for overtime are among the
points won by New York Central
railroad operator*-1* the peaceful
Arbitration they agreed to when
they called off the strike ordered for
last May. The settlement terms be
tween the road and the operators
were filed in United States district
court, here today.
Telegraphers on New York Cen
tral lines east of Buffalo were
awarded an Increase of 10 per cent
In pay. They asked 13 1-2 per cent.
On the lines west of Buffalo they
asked 15 per cent and got eight per
cent.
T t e telegraphers were granted n
vacation with pay once a year. Men
working more than nine hours a
day, tvho have been with the road
more than one year, get seven days'
vacation a year with pay. Three
year men working more than nine
hours a day. get 10 days a year with
pay. Two-year men working less
than nine hours a day, get seven
days with pay.
The news of the settlement was
sent at once to President H. B. Per
ham. of the O. R. T.. in Chicago. It
Is effective at once, and holds good
for one year. Three thousand and
three men are affected.
EIGHT PERSONS
SAVEDBY TUGS
Ohio and Marion Trottier Go to
Rescue of Launch Drifting
With No Propeller
William Finlay, proprietor of the
T'nlon hotel, Aniheratburg, and
“Cam" Davidson, of Windsor, their
wives ami eblldrtn, were rescued
by the tugfr Marlon Trottier aim
Ohio, eaily Monday morning, after
they had drifted for more than an
hour in a ri**oline launch that wan
put out of commission in a collision
with a buoy, crushing the propeller.
Water began tc seep into the
boat and the m*»n worked desper
ately bailing It out as the women
and children cried for help. When
the tugs finally reached them there
was six Inches of water in the boat
Dock Foreman Diet.
Conrad J. Urrghoefer, for more
than 25 years dock foreman on the
Ashley A Dustin steamer line
wharves, died Monday afternoon, in
Harper hospital, as the result of a
broken hip, and the excessive heat
of the last few day*. He was In
jured Ktiday ns he attempted to
turn suddenly with a bundle of pa
per weighing 40 pounds In his arms
He lived at No.* 185 Heidelberg st.
He leaves a widow and one son, 12
years old.
Frtatlsg—(kf plain neat kind—tkal
Is right—Times Job l»»pt —Wain l'.»
| New York Stocks
Quotations furnisher) by Hornblow.
»r a Weeks, Aug. I. Im6:
open. High. Dow. Close.
Am Coal-Pro. 144% 144% 144% 14 1%
Alaska Gobi .17% 17% 17% 17%
Allis Chaim.. 74 5, 74 % 71% 74%
Do, pref .. 69*4 71 54 69% 70%
Am. A rig co. 66 &t>% 66% 55%
Am. C. A F. . 58% 69 54 68 % f,9 5*
Am Steel F. . 62% 62% 62 62
Am H. A D. . 10% 10% inx 4 io%
D". pref .. 6.3% 53% 53 5* 63%
Am Docomo.. 67% 69\ 67 54 69 %
Am 8 A Ref 94 94 94 94
Do, pref. ..111% 111% 111% 111%
Am Zinc 33 3 4*% .33 34 %
Am. Meet Sug 89 89», 88% 89%
Am Tel A T 129% 129% 129% 129%
Anaconda ... 77% 7«% 78% 79%
Atchison . ...103% 103 102 '4 102*4
Baldwin I*nc . 72 72 % 71 % 72
Haiti. A Ohio. 85% 85% 85% 86%
Brook It. Tr 67% 69% 67 54 6*
Butte A Sup . 18% 18% 19% 17%
Canadian Par. 177% 177% 176% 176%
Central Death 64% 54% 54% 54 %
Chandler Mot 105 106 105 105
Che* A Ohio. 69% 6<>% *"% 00%
Chi Gt Wes 12% 12% 12% 12%
C. M A S P. 95% 96 96*4 96
Chile Copper. 2<» % 20% 20% 20%
Chino Copper. 47% 47% 47% 47%
Colorado Fuel 44 44 % 4 4 44
Cong. Gas ...134 1 36% 134 1.36
Corn Prod R. 13% 13% 13 5, 13%
Crucible 5.... 69% 70 69% 69%
Den. A R Or. 34 34 34 34
Dlstl. Sec 44% 44 * 44 % 44%
Krie. com 35 35 % 35 26%
Gen Klee ...169 169 % 169 169
Do. let pfd. 51% 52% 61% 62%
Gen Motors .600 M)o 500 500
n. F Ooodr'h 72% 72% 72% 72%
Gt. North, pf 117% 117' 116% 117%
Gneene Can... 48% 46 * 46% 46%
Gt. North. Or. 35 35 85 45
Do, pfd. ...116 11 S 116 118
Illinois On.. .103% 103 03% 103
Insplr. Cop... 47% 48% 47% 47%
Tnt. Mer Mar 26% 26% 26% 26%
Do. pfd ... 88 88% 97% 88%
Tnt. Nlrkel .. 44% 44% 44 44
Int. Paper ... 14% 14 U 14% 14%
Ken’cott Cop. 4 6>, 45 5 4 44 % 46%
Kelly Spg. T 71 % '71% 71% 71%
Uck. St. Cos.. 71 71 71 71
Dlhlgh Va) .77% 77% 77% 77%
DoriUard 44 44 44 44
Maxwell Mot. 81% R 2% 80% 79%
Do. Ist pfd. 87% 87% 87% 87%
Do. 2d pfd.. f.7 *4 58% 57% 58
Mex Pet ... 98 99% 36 % 98%
Miami Con .. 33% 33% 33% 38%
Missouri Pac.. 5% 5-, 5% 4%
Nat Biso. ...120% 121% 120% 120%
Nat. Dead ... 6.3 63 63 C3
Nev. Cons. ... 17 17% 17
North Am .. 68 68 67% 6'%
Norf A West 128 128% 128 1 28%
North Pao .110% 110% 110% 110%
N. Y. Air Br .129 120 129 129
N. Y. Cent. ..103% 104% 1 354 104
N. Y.O. A \Y 26% 26% 26% 26%
Par. Mall 20 20 20 20
Pennsyl 65% 66% 55% 65%
ntts. Coal .. 26% 27% 26% 27%
Tress. Bt. Car 4 8 4 8 47 54 47%
Rays Cons. ..22% 21% 22% 22V
Reading . ... 95% 95% 94% 95 5*
Rock Island .. 19% 18% 18 18
Bears Roeb k .200% 200% 200 200
Bloas-Shaffield. 44% 44% 44% 44%
south’ Ry Q , ".‘ tl\ 5*4 «% 21%
Kt deb'kr Corp IR2 128% 126% 127%
DO. pfd. .. .110% 110% 110% 110%
Tenn Cop. ... 26% 26% 25% 25%
Texas Cos. ...195% 185% 194 195
Third Ave. ... 61% 61% 61% 61%
Union Tac. .187% 139% 167 159
Unit rig Ptrs 98 99% 98 99%
United Fruit .157% 157% 157 157%
U. S. Rub ... 63% 62% 52% 62%
U. S Steel ... 86% 87 86% 87
Do. pfd ... 116 6 4 117 116% 117
IT. 8. steel 5 s 105 105 % 105 105%
U. S. Cast I. P. 20% 20% 20 20
US . Did. A1..108% 111% 108% 111
Utah Cop ... 767% 77% 76% 77
Vlr Car Chem 39% 40 39% 39%
Do. pfd ... 96% 97 96% 97
Wabash pfd A 50% 50% 60% 60%
Westinghouse 67 74 58% 67% 67%
Wis Central.. 50 62 60 62
West. Mary... 27% 27% 27% 27%
West Union .93 92 93 94
Wool worth ....137 137 187 187
HVlllys-Over. . 58% 58% 66 65%
/» —— " T — =3——^^,
Boston Copper Stocks
Quotations by Hornblower A Weeks,
Aug 1 Open High Low Chute
Ahineek 94 94 94 94
Alaska Oold . 17 Vi 17 % 17 *4 17 %
Am. Zinc 33 34 ''* *3 34%
Anaconda ... 78% 79’* 7*% 79%
A rl* Com ... B'* 8% S'* 8%
Arcadian .... 6 5 6 8
Butte Hup. ... 87% 68% 87% 83
Cal A- Ariz.. 68% 09 084* 89
Cal Heels.. .128 825 625 825
Copper Hangs 87’*. 67 % 67 Vi 67 %
Chino 47% 47% 74 4* 47%
Flrat Nat. ... 4 4 4 4
Franklin 6% OVi OVi 6%
Greene Can ... 48% 46% 48% 48%
Helvetia 26 26 If. 25
Inspiration .. 47% 48'* 47% 48%
Jerome Verde 1 IS 1% 16*
Keweenaw ... 3V* 3% 33
Michigan 2% 2S 2% 2%
Mum Con. ... 12% 12% f? % 12'*
Miami 33V* 33% 33% 38%
Mohawk 81 81 81 81
Nlplsstng .... 6 s * 0 « 88* 8%
Nevada Cons.. 17 17% 17 17%
N(,r"i Butte... 21 21 20% 30%
Osceola 80 P 0 80 80
Quincy 81 «1 tl 81
Hay Con. 22% 22% 22% 22%
HUP A Bo!* 4 lid 11„ * 4'4
Shannon .... 7% 7% 7% 78*
Shattmk .... 2« 28 28 28
Superior 14 14 14 14
Tenn Copper 26% 26% 25’i 26%
l’td Fruit 157% 167% 137 167 %
std Shoe Mr 64 64 33 53 %
T’tah Apex 4% 4 % 4% 4 %
Utah Con. ..U IS 13 13
Ftah Copper 76% 77'* 76% 77
Ventura Oil.. 3% B', 9% 9%
Wolverine .. 47% 47'* 17 47
4 I 111 l Bill BTHI 41.5.
Quotation* furnished h> Horn Mo
wer A Week*, Aug 1, 1918
Bid Asked.
Am. Public t’tll., com 43 47
Do. preferred 73 76
Am. Light A Tr. com 387 37*1
I*o, preferred 109% 112
Ae|>ia Kxploslves I*> I°%
Cities 1 Service com... 273 278
Ik*, preferred 85 86 %
Chevrolet 196 200
Canadian Car, com. i r > 65
Ik*, preferred ...... 76 85
Cramps 72
Detroit Kdlson ... 137% 139%
K reege 10% 11%
Midland Steel .... 81'* 6i %
Pac Gm « Ftectrlc 68 *. 69 %
Do, preferred *9 *>o
Cnlted Motor 87 87 '*
Rep Hallway A L. 39% 40
Do, preferred 7 4 76
Slut* Motor 84 61%
South Cal. Krilaon 92 94
Ik*, preferred 104 106
Hfewart-Warner, com I**3% 104
) • Boat 33 % .< i
Saxon Motor 72 73
V. S Light A Heat 2% 2%
Do. preferred 5 6%
minno m tti h mvhkf.t.
•Hlf’AOO, 111, Aug 1 Butter
extras. tic; flref*. ?7tr27%c. dairy
extras. 25 % 26% c; first*. 24 «26 %c.
Kggs Prime ordinary.
flrM* 2Sc Cheese Twins. 14fc14%c;
young Americas, 16% 4116 c. T.fvs
poultry: Fowls. 18%e, ducks. 14®
1 H geese. IMMJo; springs. 20C/2L
forks, 18c Potatoes: OhTo. 70fr76c
New potatoes: Hsceipts. 35 cars
GRISWOLKpfII
EDITION
SHORE WORKS EOR SOX |
IN LAST REGULAR GAME
OF SERIES WITH DETROIT
i i.■ ■■ n« in '
Postponed Date Will Be
Played Off Wed. on 1
Navin Field
NAVIN FIELD, DETROIT, Aug.
I.—The Tigers and Red Sox com
pleted their regularly scheduled
aeries at Navin field today. A post
poned game will be played here
Wednt aday which in an open date
I for both clubs. A cool breexe swept
, the park, affording relief from the
; hot wave.
James and McKee was Manager
Jennings' battery choice. Cady
caught Shore.
First Inning.
BOSTON—The se.ond ball pitched
Hooper tripled to the bleachers.
Rarry was safe on Vitt’s error and
Hooper (Corel. Lewis hit into a
double play, Bush to Hums. Hob
lltxe) singled to right. Walker sin
gled to right, scoring Hoblltsel and
putting Walker on third. Veach got
Scott s fly, Two runs, four hits, on*
error.
DETROIT Gardner threw out
Vltt Bush filed to Walker. Barry
made a running one-handed catch of
Burns' line drive. No run. no hit, no
error.
Second Inning.
BOSTON Bush threw out Cady.
Shore fanned Burns retired Hooper,
unassisted No run. no hit. no error.
DETROIT—Gardner threw out
SAY THOMPSON ,
LACKED GRASP
Did Not tTndfrstah® Import
of Acts Assert
Attorneys
LANSING, Mich., Aug. I.—" Like
a boy with anew pair of boots,
James H. Thompson had thought he
had a big thing, talked about It and
boasted about it."
This was the counter attack of
E. C. Shields, attorney for Thomp
son, in his closing plea against pos
sible disbarment of his client, in
Judge Wiest’s court Tuesday morn
ing. to the declaration by W. 8
Foster, of the prosecution, who In
opening the arguments declared
"Thompson,*not content with deceiv
ing clients and was now attempting
to deceive this court."
Neither Judge James O. Murfln,
who opened the argument for the
defense of Mr .Thompson, nor At
torney Shields were sparing In
their criticism of Mr. Thompson's
methods of handling the Inheritance
tax cases, but they directed their
criticisms to his lack of grasp of
the legal matters and disclaimed In
strong declarations any intent of
fraud.
The prosecuting attorneys had
offered to submit the matter to the
court without argument, but Mr.
Thompson’s attorneys would not
consent,
Tuesday morning, Judge Wlest
asked that Mr. Thompson agalu take
I the witness stand The courts ques
| tlons developed answers to the ef
j feet that Mr. Thompson little under
stood the exact status of his posl
. tion as Michigan representative of
ian estate. That the court was not
| fully satisfied with Mr. Thompson's
answers became apparent when the
questions were asked in some In
stances as many as three times
LATE NEWS BULLETINS
WA*HIWOTO9f, Ana. I. A i»4 lee
of « real n*r on print paper inan
ufaelarer* was given l>» neixspn
per publishers of the I nlled
Slates today at an open bearing
before Ihe federal trade commis
sion. The hearing Is llic llrsl of
several to be held to determine
It possible the underlying causes
and a possible remedy for the
tremendous Increases In the cost
of print pa per to pnbllshers.
RACES
Saratoga Result#.
First race, selling five furlongs—
Katenka. 107 <<• Byrnei, 10 to I. 4 to
1 ami 2 to 1. won; old Miss, 109
( K trschbaum >. 4 to 5. 7 to 10 and 1 to
3 second; Kathrj* Gray. 104 (Brown)
6 to 1. 3 to l snd 4 to 5. third Time
—1 01 Tootsie. Spinster. Bonnie Las
sie, Stalwart Van Bootless llsby, Hel
mets Daughter. Sky and Ira Me also
ran.
ONE CENT.
Cobb. Veach singled to center.
Crawford Hied to Hohlitxel. Veach
stole second. Barry threw out
Young. No run. one nit. no error. 5
Third Inning.
BOSTON—Berry grounded to Tltt. 4,
Lewi a filed to Cobb. James threw -
out Hoblltxel. No run. no hit* a# ■■
error.
DETROIT—McKee singled to rifffct 4
on the flrat ball pitched. Jams# -
bunted and all hands were safe whoa
Cady threw wild to second. Vttt
forced McKee. Shore to Oofdner,
Rush died to Walker. Burns single#*
to secter. acorlng James. Vitt took
third and Burns second on WalheTw' 1
thio wto the plate. Gardner threw
out Cobh. One run. two hits, one
error.
Fourth Inning.
DETROIT—Veach singled to left. *
Crew ford singled to right. Toesf>
forced Crawford, Barry to Beett.
Stanaae struqfc out. and Young StSlUj
second. Barry threw out James. Mao,
run, two hits, no error.
BOSTON—Stanage replaced McKesk
Veach made a running eatch Mg'
Walker's fly. Crawford got On rd* - 1
ner's fly. Scott tiled to Cobh. No -
run. no hit, no error.
TODArS~GAME i
BOSTON.
20000 1
DETROIT.
00100 I
»- ThHihM Tlmf u 4
Share end Cady. Umplreo o*m§»~
ly and Owen*. i
ONE NEW CASE
OF SCOURGE
IN WINDSOR
On* new case of infantile per*
alysls was reported to the Windier
health authorities, Monday. The
two-year-old child of Mr. and Mnk ,
Albert Em ley is affected with a
mild form of the malady, It ta Bald.
Thus far since the outbreak of the
disease, 17 cases of Infantile par*
alysls (polomyelitis) hare been ra*
ported In Windsor, Sandwich and
Ford.
All of the cases reported are of
the mild form, and no death as yet
resulted. Extra precautions are ha*
ing taken by Ontario health antl—rt
ties to prevent the plague ftol
spreading. Children under 10 yean '
of age are prohibited from ooagra*
rating in theaters, playgrounds Os .
other public places.
Motor Stocks
Mining Stocks
Industrials
Bought and sold In Ms mathst IkV
cash, or carried on ■affth
Weekly Market Letter
Mailed Free on RefiMb
Our dlreet private wire Is lbs RtW
Vork, Boston and Twronls UiarMa
enables ns to give exceptional serv
ice on orders for Motor Slocks, Mls-
Ing and oil stock* sad Curb tad—*
trials.
CHAS, A. STONEHAM & CO.
301 Penobscot Bldg., Dstrolt
Established 1903
Cadillac 8150 No PrometlOftf
New York—Boston—Chicago
1 so—a
HORNBLOWER &
WEEKS 1
M F.WHFfIS
New York Stock Exchange
Boston Stock Exchange
Chicago Stock Exchange
Specialists in Motor Car, Coj*
per and other Shares $
J. J. HAYES, Manager
201 Penobscot Buildtaf
Detroit, Mich.

The Detroit times. [volume], August 01, 1916, GRISWOLD-ST. EDITION, Image 1
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], August 01, 1916, GRISWOLD-ST. EDITION, Image 1 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], August 01, 1916, GRISWOLD-ST. EDITION, Image 1
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920