The Detroit times. [volume] (Detroit, Mich.) 1903-1920, January 01, 1917, AFTERNOON EDITION, Image 6

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The Detroit times. [volume], January 01, 1917, AFTERNOON EDITION, Page PAGE 6, Image 6
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

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The Detroit times. [volume] (Detroit, Mich.), 01 Jan. 1917. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83016689/1917-01-01/ed-1/seq-6/>

Newspaper Page Text

PAGE 6
(WHEAT GOES
Sharply higher
£
K 1 ♦
■ftwipßftf fl Short Interest
Drvrloph in Chicago
Pit
I , ;■
f. CHMCACO, Jan 1.-Wbw) vr»«
•hnmir higher (Saturday. An un*-x*
übor* lnl*Tr-t t|e« ■ i.,...! —— .
rtan trader- were forced to bid
PjMNMiber to order to mak*' d**li»
1 1i». fAt on* lime December «»'
7 points above la-t night* close
but when the short trader* pot th-*
, grain they want* and. t» dropped b*< k
4 I*2 point* above last night’* rl<***‘
to $1.63 1-2. Clfh* r futures sbow.d
sympathy May wheat oper*-d up
P-4C and jmheequently g*in*«l : I s
going to ti 7ft Id. Ttily open'd
'up l-|c and gained 2 4-4 rtu the
■bon session. Hoeing af'fl 41 1-4
[ , There wa* also a shor Inter* -i
to Dofoilifr corn that sent that
~ Cereal at the cloae to f*. r >o Hitaimt
: ,,<T #2 I*4c at the opening «n<j -
it la hi eighth close May corn wa-.
■p 7-tc orer laid nigh' at u an>l
July op on*- point at 92 lc
Oat * were strong with rh« other
grain* December scoring an art
Vance of I 1 !«• to ft) 12* ?.* > '• •>
to ftl J-ka. .
Provision# »*♦•*-, tin t <j.
weak hog Market
Grain and Provisions
lycTUun. i.
£K>J wti«>ut remain-*! -'.e rt
t . th" opening —*• *ii • .i
- the le»d and put prices * ..
Detroit (oliowed with hn upturn f
■ ,;l: aljd the general I i|. in Ihtr •“til iy
tr*<i?nc wnn firm
The failure « f l’r til V r;' i. ■
advH*o e war apt
4*i the trad*. Tie l>*-U*f *. h r
p*i<«# eat fnun<l<
cash *ltum
the day'* bisiheet prUe
beer sustain***} Millers ar* .op.rtm
pref* In conn petition for wlo-a* * >
market* and It aru>* are<] ut» - ; i ti ,t
wheat should <|> ! n mt»
gltlons.-llavina <•< lined t-rkiay, tie'
Waa some aurprla- at it- ..» •>
strength Salurdav Th* flat- t-t l
!•« wa* iarr I) * mair»r or rk>atn«
Up old deale ax tlier- will he no ->:■ t
Markets until ne> t Tuesday.
• Th« cash Situation ie as u. tn* »»
' .jpf«v. Exporters are looking for « fr
wlntxr wheat in l>etr*»it and Toi-do
The Detroit m»rk< i ha* littlr *
and small chance tu pet an in.c.-.*.-
fit stocks while the transport*)
Mitiatlon holds without impr«.' - it
vjpiporta are not increasing ruff- rv-.
tg In glee much hop*- for an early im
proxement In the alt iaflon
F Wheat advanced 9*4? and ■-! -•
Srro.
Cbm advanced **r Clover ■r» * ■
•lined 10c and timothy adv«n-ed
Saturday s wheat quota! ins »
Mo. I red. lit?**. May <>peo'*d w »,
Ml ad van- • of lie at fl *♦>,, »nrf *d
tranced to |l.l7July op-rod u'
15.47 H and advanced to |: s•’5 •’ : 3 .\ I
Wbtta, |l.*»k.
. .v, mtarday a mars* gram ijaoutior.*
FWttm: Caah No. t. »l 90S So. 3 y b
.s9m. 11.01. No. t yellow. *l.
• Data Standard. &7 c, s<>. :i wait*
MHc. No. 4 white, iiVj<
dr4hr*‘ Cwsi, so. 2. 11 ««.
■mMW: immediate and prompt -p r
SMnt, Mi January. |ft.7J.
Prim- 1 «uj clover flO '0
Hvell, f|' •••: aisike 9. •
,'f Kacelpts i» the Detroit market
Lwere l.sco bhls fl
at and 1> of >*rn M
),90g bhls. of flour. 2 "Oo ' -j of *;*• .1
*and 9,090 bu. of \-orn St*-" ks s--
HRJ99O bu. of wheat. 215.090 I u »f
Mrs. 252: 090 hu. of oats and 41 '>"o
bu of rye.
Bgports of wheat and flour -at
gay. 474.400 bu
kecetpts of wheat Saturday were ’ i
hnnra at Duluth. 144 cars at M.nne
apotla. 440 cars at Winnipeg. 51 cars
4M Chicago and 191.000 bu. at south-
Western point#.
’• Primary wheat re-slpf* Nil rd«.
were 414.0tt0 ho. .
° CHICAGO GRAIN
CHICAGO, D*c m Opening
Wheat: r»-4* u ■■■’. up h May up SP
tip «’<-rn December' jt
-Ac; M«> up •**'. July tip **«. Oats
Bmßgmber uncnanuert. Ma> ui *%
U P ** f Prnvral'tns; Stead*
IKWlnaa: Wheat. D*--ember p
Alay up :’»<■: July up S% Com D--
-camber up me; May up lul> .1
%<*• . Oats: Deremtter up !'«r, May
up July up S-. Provision
NC Quotatlona by P-tlne Welib*r A '
Pmlf 30: Open High !*»•« Ch.e<
5 * W heal
SB. 1 3«A*
ec 1 «fi 1 «» I « 1 S 1 ► -
my. 17r 1 7.** i mi 1 : .
Corn
K. s; \ .y* »; -at. ,
92 s '< Mv *- >t
■Kr.. *1 \ ' P2\
Oat a—
tuMf. 444« * rt ** **!*»
iyoi,. r, *>., si «* sou ■* u
'
ilar. 24 7ft 74 7° 74 *-* * rt
. -
• nCar-i
BST. If If. »S 35 ii :« 15
'fttc,. 16 35 \5 to IS
ian.’, n75 n72 ti 42 1. 73
Bay. II 77 14 55 14 \T M -ft
‘
TOIKW liHID
* Dec. 4ft -Clo«, Wh«a*
Cash and ftecember, Mas
9}j|f t* * Corn Caah and De<rrti* 'v
Mb. May fS'yr «>ats ( ash »nd !** •
camber. 454#*:. Mav, Rvr Casli
'8.99 Clover seed Cash, rwember
Railroad, Public Utility
and Industrial Corporation
Bonds
Lee, Higginson & Cos.
The Rookery
BOSTON CHICAGO NEW YORK
Represented in Detroit hy
FREDERICK E. WESTLAKE
TSS Pard Bldg. Tel. Mam 57
SUL*
What German Peace Proposal, Lloyd-George
; Speech and Wilson Note Did to Wall Street
T Th« inftwncg the Ormmn peace 4Sft#war wad President WUson a note had on thd stock,
market is shown by the following r,abl* of tv j..' <1 ks. 47 tn all. In which speculation has been active during
ihe war.’
The Uat shows the pgr value of the cork* <r‘. which Jhrv were issued originally the value of the
xiork outstanding the prwe of each stock *- th. < ; *. "f the market Monday. Dee 11. just before the German
peace offer note was made known, the pne* of *• •’ k at the close of the mark*'* Thursday. iVc 31. \be day
President Wilson’s note was mad* publk; the an- .U' r pries p* r share 10 these ie dav s. and the total decline
for each issue * \
Par Glnse Close
Value Dap .. Pec. 11 IVe 31 Peottne, Shrinkage
Allis Chalmers p/d IbO* , 116 " •' \*i> w A.v 4 l t I 742.5 th)
—Ancr ri-rt Pugar —!_ 1 -4 *4 fl rt*>o.(H*<>
Amer Can 1"" 413 ' *TV~ f:W2.3i:
Anier I? 4 I*, pfd 1 1 * -" 4 l 'l | y I*\ 4.13A.0M
Am*-r Car 4 Fdry K“> ■" 11 ■ 54Si 14'* 2.f1r.5.444
Amer Loco lbo - ■s**' 77 70 7 1,*50,(HH1
Amer Smelting 1 1 k 117 s * 10,’Vi 11 1 » ft,571,515
Amer Steel Fdry 10 ‘ 17.174 71 «•' 11 1.540,240
Amer Zinc 4 * • a’* ; I'*» ’ 349* 4.715,000
Ana* vnda 'k 11 11 r *4 » 15 * 37.t.H^ , 1,593
A C, 4 W l a. 1-'* 14 :4b3.» 141>4 47\ 7.070.207
At chi-on . 4- . :r .74. I*'4V 10: 39* *.932.911
Haldwin l*oco I(H> JO a>« 7vA* J3\ 4 750.("h)
Raltimore a Ohio I"'* 1 ’ 17 »b> ' \ 5.140.71 b
Lefhlehem St.el . , 1*‘‘ - -'4 »*9 • 117 20.540.940
Hufe a- Superi - **'■* 43Vg - v * 7.465.573
t'ahft rnia Petroleum .. 1> 0 i ‘ ' -« 3 446,310
fcntral Leather 1--' • i -110 4 * 75’* 44** 17.915.624
Chi Gl Weal, pfd 1 » ' ■ ».’ 43V, 40 ' 3'* 1.0»«.«9S
CMno » 40 “ ‘ 66?, 4'l7 T * " 15.549.593
Chile >’ *' '>*• ' 27 23i* S\ 14.2&4).*HN)
4 ’ore Product- 100 • 777 '•.2'.»\ 5S 2.799.973
C"! ;'uel A Inin .. .. 1 1 ». 0 .« * 41 13»9 4.631.792
1 rucihie S' eel l' l 0 1 *3 52V* 30 s * 7.657.500
Pistiller*’ Securities ...*. I’’ ' 4. •'! 4J25 T /g 16>q 5.261.204
Krle . 1 i lUrvU 11 v 26V* 94 34 3.399.053
(J* “j. Fs!ec trie .. ......... .. t'- 1 1. !1 - 17s v* 163 15'4 15.353.569
liiMrn h ... ... ... 1 - 6x 5 * 59*« 6*, S.S2s,t*Ot*
Gulf Steel ! 1 ' " 16 rt I#s 55 2.710.95*)
If.-piratior . . . 67 -’O'* 16\ 19.793 957
Ii Mer Marine . .. l‘-0 4 ‘*. < H 4 * 23\ 21 10,473.204
M *r: i * opp* ; v . , 7 *1 -** I7‘g 13.074.495
Nev Con A’0p........ 7 9 • ".' 3!'-* 2" 4 * !<•**» 20.744,366
N > Air Itcake • ... ~ 1 1 1* - 4 13 ".4 11 \ 3.1?5,00d
* V . s . 1 - -l" '1 . 4 . 11.*,49.556
N.ivu Scotia Steel
p* o Citie.- Ggs ... 1 1 1 114’, *1 20 T * 1.275,253
Penns viviin in . >••-'* >6'* *ss* s 737.14:1
ll..ilwav Stes-I Sprtns* .1"' 57 5 ; I*> IH, 1.552,500
S id-bak-r . ... 1 12. '. I*MSS 14'# 4.237.">0*i
T* oa* o Products ‘ 1* ’»6 -4 * I-* 460.(0h)
l*ni«>n ling A- Paper (New >. ... ' “*• 1 ■ •-) 111 91 2" 2.uu* , . , h')o
Cnk*:. !’unfit ... . .. J-2.. 1 > < 144 6, 14 •*« ** ~0 1.945.051
r s |nd Aieobol...-.. 1* •• 12 5 136 27 * 391, 4.620.0*’ s ')
C S. Rubber ... 1 • 6v", ".<4 12 v* 4J55 000
1’ S. Ste»l ■, I" s- 123** 101 22*, 16.274 197-
ctah Copper 10 16.44 • V 12*'V* 94'i 26 1 * 4.264 $62
1 $391.952,4iS
an i \f •• h lie '" " • - -i A
> k }•: it- ■ til. T.m< thy • ash
• t 4*V Butter Hr* k. creamer)
4114 tubs *r-*rr>ery. tic. u*,*
Kre-h * t»ndled. 45- , fanev ts
. '* ■ > - ’ »-. ' * *r.JI - 4
atoragr. Js<- lit* I n-bang* 1
ii Livestock ]
J
1 ■ —sa^—a—^«——^
Ml* til*. t\ * I.) tR AI. STtMKVtItOS
DETROIT. l>e.~. 19 —Cattle
be«t r,»avy steers 99 9# 9 . best handy
weight t;utih»r |T/fT7S mix
ed ate« rs ano h- fers. 4't>7 s*) handy
light *>utrh*rs. fgQiSft light hutch
tr*. Hr • t** *t <,w» s4S#fl 7. butc .
cr *». t j SOg i common c*.w «, $♦ 75
ti ' 94914.73 • ’ -avy
i ct.» :i *. $5. - S
Cs 4»t - k bulls. liMfl fe-d-r«.
sCsftf»: strtckerA »9©<7S:
ard pr.ngera. s4#fMo Veal calves:
Mark-t st-xdv; t -a* 913# 11. h-a' las
|1 Hb*. Sheep and lambs Market
ateadv fer*t lamb* $1 Vigil 35 f» r
lam' - *l.‘rt 12.7 * !<thi to C'-.mmon
larr ’ » s»ai-j, jear-ingA Dull, fa r
to r W.-4 . II '<* ITS; culls and
common. TANARUS, V« H->gs Market
steady pg* s•2ef) '• 4# yorfcert »r i
heavies, tie 19# I ft.. 99
I'DT MtKVAI.O UVR «T«M K
Danilins A VUtra*
EAST BCKFAUO. N V.. De . Jft.—
i-attle Reve-ptA i k arv st*-ad:. • h • -
to j rito nat.v* xteer*. *» ■' u :'.
tair t> c* od ll.fcObf, plain. |7 7i*?
$. coarsa an 1 fonnon, $7 Jsr. * **.
c oic h-avy ■ -it - -r **-•*, $• .
fair k <»d. It.6ft#• 7» b»<' l
steera. $» 7i# • 35. fair t«o good. ** *5
## 9ft: light and common. M'SftT.JI
yearlings prime, s>#9(9 fai* "5
t "and. IV best Veavy heiferw
g9r7. #9 IT% beat I -Jtcher hel/ers I" 77.
5
7?s light atjd corr.fr nu 15 ts*r•* 25
best hutv f*t c"w * 15 *5 #7 25 g and
Y)ut-h'r cows. 14-9 4.*9: medium ‘o
fa - 17 ft ’ 5# • .* fee, $43 'JU *
c:•nn •r “ s77sff 43 ‘ b* * ' heavy '•
$7 '."*•* '4 b. *t but, h-r bulls. $ '#
■h'-' r . >«?)•«** b-:tr» sr'ft9#!7>$ r 'ft9#!7> b» *
f* ■ 1 r.g ►ti ers. s*9 726 common to
’ ■ ’
7 r mrr n to w <<d $5 9 154 mllcbert
and -p'ing-rs. s4s# lift.
S D-ge TANARUS;» »!rts 75 -ar, stead*-
* I
! I*' -ft pigs and lights. $» ‘liJlft
H» * pta S • ars steady,
t r- Utni-S. s'* yearlings, fllfetl *7
w* 'here. $® f7 >i •"5 -we, $« 5« Q <
Calves ss^ls
* MIC »«.o I 14 r *txu K
cm< x*;*». Do. 3#—h g« f.*-
.1 ftftr market slow 54119 c
1 v—*. »/te<| and but* uers. $ • '»•* ft
ift 5 v -d heavy 110 ft* 9I ft 4*'’
I
1 1- p‘(T*. 97r,**#».|ft '-sttls Re.
* ». >')'■’ I'iarK' * ’ft - ;■« v gh-*
be eve- f' 34-. J•! 4ft -.we and heifers.
$» J3 41. K-. ,tr. »m an 1 '•►(!*'« 13 M
C 4 25 T*mr‘ *4?*.«S»IS ralvaa $4
9.1 S 4Eep Receipts. J.fthft mar
*l7• ’ ’ V *r _ native, il.liitl'*
western 9 '■ 7■ • /’' i iambs t !5$ J
1" "> w estern. sll 3*9 13 5#
* r.rvrt imi i rrv **TorK.
.u/LLAND. D. t»e 3ft.—sfr a* i
R< »tpt« ,ftft«> slow 1 rk*r, $
f- '. 1 $1 ■ e »d 1 ' rr • $: ft ' r. j* .
* mug sft Ift. etsg- $4 Jft
i erpf- 3 rs'i; -H'*m ete*d r
,r>d Ism*" ft» »)pt* ( .
steady fnp $1.4 ;>« *si ►" R».'eipt«
l*N, eteady top. sl*s# »
TOIKDO irAE *TOCH.
Tr-LEDO. Dft'. 2#—H**e rte*s'pts
1.3 ft** market »' lower h»av'es.
s‘"7' 919 • ■ m<d i u *r,» I'ftftSfllft.**
, i 'V*r- $9 76 9 I''s? it drs I'll
19 « 4ft <*slv»" yt«*d' Sheep and
lambs. Steady
JANK CLEARINGS
SET NEW RECORD
l**-r .’ b.ia rl*armfs for 19!*5
rha'icr all r*-<oni-. by # wjdc mar
a.n The- f.i-c -ar;nrs tor the
bu.«ine-*‘ yc r. o -h .*r.J*»f Sat’ir
day w.-t- f :«'*•"«■' ii« again?*
$1,4x4 V 72 4 . > fur isir,, an incrcas*
of 177,** : »s* or nit-e than 74
pt-r cca’ T7'ia. compare* wi»h th*»
»fr**.s . f • :«■ 4 of S7
6*6. >47 or r n- p-r cent.
1 1 n- . v *' *•'"r. do no* repr* 1 -
«snt the- grand total of the business
transacted during the year They
'ho w merely h'* aino*mt of trans<a , ‘*
tion- berwi. n d-po-.tor< :n diffeyen?
hank® T ions he'weeo d*-
poaitor* in the- same hank are no»
recorded in the r!oaring* The tot.*]
clearing* howeTcr. are recorded in
’he b;vnk transaction- which
anovint to 95.376 163.>«x> for 12I*'.
ri*. e-.fi rri'-r* --iegrly repre-.>n» 'h
Actual amount of bti->ne-' Dctroi*
hag done in lfl!6.
The 1216 tran-vas Uorts com par •
With 9.1 631 36*).''X> in 1915. a gain
of 11.744.903.040 for 1916
k$7W VOR k HI PTE R AND
NEW VC* Hit D*c 30. Butter
Steady, unchanged: re<-*.pts; 4.*39
creamery »x?ra. 41 : ,c. <! special
market. 43 <t 4 sta*.- d* ry tubs.
J S9 W' mtratl n < -simtry drst*.
U "i J 1 »'gr« St-sdy rece-.pt*.
5 37# n»*rby whit# fancy 4ft4)*9c;
n-art y rr x*d fan-y. 4T gy o! fresh
first*. 4*3# 51c
HI TTf.R DD
Ratter Kt’** -reamer) 4 f> ;
er»*m»r>- » flrsts. 37c. dairy, 7 e
lb packing stock J*lac lb.
r.«a« Kresh receipts. »s*>« ‘n
■*lu*led firsts I*c do* current r»-
pt* 3sc do* Receipts Saturda.
45ft -a*e.*
♦
JOIN OUR
Christmas Savings Club
For 1917 J,
Here is a plan to have money
to spend for Christmas 1917
This is absolutely the greatest plan ever devised for saving money. $250,-
000.00 saved by the plan in this bank during 1916. Enroll today; form a habit
>f thrift. It will help in time of need. Why not join at once? Do it now!
NO DUES, the FIRST PAYMENT MAKES YOU A FULL-FLEDGED MEMBER.
Enroll in any one or more Classes listed below
Claw 1. I 0 Claaa 5.
Member* paving 1 cent the flrat week. 2 cen» Member# paying 5 cent# the flr#t week. 10
♦h* rerond week, and increaalng 1 cen’ e».< f rent# the -crond w»»k and lnrrr»*!ng 5 r*nta
w*ek for fifty week* will ge» $12.75 each week for fifty week# will *»•* $6175 ’
Claaa 1A Clata SA.
Member- r’artJng with 50 '*er,tl the fir • M**rob‘r« ’ar n« win $2 *0 *h« rtr#t wr-o;
w*ek 49 cent* th*- re< ond w»»k. and defrr-ii* 12 45 the #**ond week. and decr»<t-ung ' c*n*-
:,g 1 **** for , , ■ . ftj »wki Will g.-* $Ol f§
get * $1275 Claaa 25 Fl*ed — *
Claaa 2. Member* paying 25 rent* a week fl*ed for
Member# paying 2 een'a the flrat week. 4 flftr week* will ret s $’2.50
ren»a *h« «-ecortd week, and increasing 2 '■•no Claaa 50 Fl#ed
e»rb week for fifty week# will ge» $25 50 Member* paving 50 rrn’* i weeir f» K ed for
Claaa 2A. fifty week*, will get $25 00
Men.her* rtartJng with 1100 the fir«t week, Claaa 100 Fmed
5* cent* the second week, and decreasing 2 M* mber# paying 1100 a ww.k flied. fnr fiftv
cent* ea#h w#e|f for fifty we* *.« will get $25,50 week#, will go , $50.03
With 3 per cent interest idded if all payments
are made regular! \ or in advance
Come in and Let Us Tell You About it
The
Amerloan State Bank
SEVEN BRANCH OFFICES
' • 1
DETROIT TIMES
CONTINENTAL
FINANCING PLAN
IS ENDORSED
.‘The stockholder* of the Contincn
tal Motor* company, in a special
meeting Saturday, approved the r«<'
■ mni'Ttdatlons of th* r. ramitt. <
stockholdur*. that anew corporation
he foruitnl to taku over th*’ entire
n-eets business au«i |uinl will of the
'concern.
A n* w company i# beir\g orc *n ied
under th«‘ l.iw> of Virginm riu new
‘ com pan) will hav* a ni.:\miu:i. cap
ital -to 'K of $ Is. >" i.i'.to o 7 wh h
f :„>(> o'Mi will he pr*?*rr*«i -u k
and |1 fl.O'ftO.tbk) common stock
FYactp .illy all of the sfo kh«»ldera
•of the Oontinen'a! Motors t-ompan)
have air* ad' d* poett« and th»- 1 r »to«'k
with th** Security Trust empany.
and have accepted th* '• rtu> of the
l plan They will receive s:> in cash
and rhreo .-har- -of t).< vomrooo
'capital «tixk of the c*'*» company,
which wui be known a- ’he (’on
finental Motors oorporattog, in ex
change for each share of cc:nnu»u
stock of the presen* compan'
POSTOFFICE OPEN
NEW YEAR’S DAY
Postmaster N’ag-'I announced. Sat
uDiay morning that all departments
of the nut;u pos'.oltlce and all car
rier stations will bv open at th**
usual hour. New Year’s da> up to
nen Drug store stations will bo
open as usual.
T v • '«- w be o: .!>-. \ i * >' t: v
'by earners including parcel poet.
i’ollec'iofi.- w*H he mad*' (torn itl
box*-** in th » downtown business di»
tn fa.- follow- Two collection
beginning •*? s s re two begin
n.ng at l p m and two heginning
»t sop5 o p m
!: , and ~”T —o o ! • n ■**—
' •
- • . | . . • ■ \».
one general collection of mail from
all boxes Thruou* ’he eity b-nn
nlng a' 6 p :n e
W. E. Reilly & Go.
Investment Securities
/
___ Stocks _____
Bonds
* t * 0 •
Members Detroit Stock Exchange
1006 Penobscot Rldg. Main 172.1.
SEES INCREASE
IN PROSPERITY
"Thougbu lit tSii* time turn to
pnv w tor 1917." • *>s Joel Simk
,i •vt Cf tOpt StrK-k-TTTt «■ fit ' ThIWW
who .id convex!y the sign* of the
11 iu«»« v. ill be the mpst favt* and and
It may he **:.! with rnitety. that
there never w;u* a tluie when’ careful
thinking along the lines’ of security
values w as so ninth In vogue.
•We .ire gome to make more
money m UM7 th.m m l#M. I ex
j,<” to get .> bv, r. rh owl of iuy
experience. t*or the past few
month* l have h*. n -tudytßg peace
mivk' We do not knew whether
peace it* coming but it i* generally
conceded that it w ill come some
time in I'M7 The rommodtiy stocks
such as sugar rubber and lumber,
also the railroads which. i\rr> great
quantities of the peace commodi
ties should not be lo*» >ight of
“The bond bosinecj for 1917 looks
\ery brUht We *r« klso advising
the purchase of ptlbltA Utility pie
fern'it stocks aiul h'*nd?\ Homo of
•he local motor > as \have not
spen* their best With \in>Ta*aed
husmes:- I'roflt- I * t"> itvj tc. be
large “ \
Acme Plant P'-OXCC' 1 *
Yi cording to the financial ' state
cent of the Acme White l Aid »v
Uolot work l , n-k t roh* for 1 h** 'ear
.•nded No\ ti>, .:»Lti ..i'ter tin oe
due non of all ex*pens'*' H of rr.anufc-
I .nance foi *
♦ Ming administrative and other ex
l ; . i*. f
( Hit »<•«* HI VrK.lt 'tIRKKT
t'llb-Wt? l ’ Ik Jitjtler fi ■
t .* -r - ' ’ ' . - . *
* ».*« s *• “ '
(• *”v .Ts n- ? * MSC
i . .
"gs7»Tfr v-T* U wTs : « *■* 1 .
'l•f ■ t T
t»e- k «vi : v TsilF'M r. * t r>»«.
1 \ t r * W!.«■'n, *i it’ I \t: n. . 'iv.
S' 4) tin. > «-«»
I'rlnllm—tk. I*lf»ln neat kin.l— **»«*
I* rl*kf —rpiir* J ” h ' — M ‘ ,,n ,VJrt
MONDAY, JANUARY 1 . 1917.
SUGGESTS BONDS
AS INVESTMENT
Matthvw Finn. th<* uldeat nnuiicl
F ‘l bond house in Michigan, and a
member of the Detroit gt*w k 14x
chtqijp*. says gfeat caution should
be exercised in making Investments
at the present time Safety more
than interest returns should he the
TURN OVER A NEW LEAF
in making your investments for 1017. Permit us to make
your money earn you handsome dividends this year.
After a most thorough investigation we were assured that
stock in
The Universal Car
Equipment Cos.
would make an investment worth while to our many clients.
This company increased their, capitalization and
MET THE REQUIREMENTS OF THE MICHIGAN
SECURITIES COMMISSION
last week. The proceeds from the sale of the stock will be
used to enlarge their factory capacity and increase their
output.
Phis firm paid a most substantial dividend this year and
have orders NOW ON HAND, the profits from which will
Ik? sufficient to pay a 15 r ; dividend on the increased capi
talization for 1017, and the season’s orders have not been
solicited as yet.
The issue is limited and going fast. Do not delay. Pros
pectus. Financial Statement and Literature will lie mailttd
on request.
Haynes & Huffman
Financial Agents
Zso Penobscot B'dq. Detroit. Mich. Phone Cherry 2901
Ma 11 he w Finn
Municipal and
Corporation
BONDS
'<f D trolt Stork F?x--Ti *r.n*M . „
Bonds Exempt from
All Taxation
.74-35-36 Ruhl Rlock .
T \
Phone Main 6104
HORNBLOWER & WEEKS
MEMBERS—
NEW YORK STOCK EXCHANGE
BOSTON STOCK EXCHANGE
CHICAGO STOCK EXCHANGE
Specialist* in Motor Car, Copper and other
Shares
J. J. HAYES, Manager
201 Penobscot Building, Detroit, Mich.
Information
1 t
BANK is naturally in earliest
touch with impending changes
in financial and business con- ,•*
ditions; and the completeness
and value of its information is
naturally dependent on the extent
of its own business connections.
Our clients find this hank, with its
dominant position, exceptionally
well-informed on all subjects af
fecting the business outlook and
possibilities.
Detroit
- Xoiokalßaxk .
Member Federal Rfsehve Bank
26 ■ _
watchword Michigan municipal
bonds arc cheap when compared
with prices covering * period of a
quarter of a century. They are
rtrnipt from all mate, county and
city taxes, also from federal In
come tax. and aitord nn abanhiTety
rafw Investment that m hi* opinlob
will have a steadily growing value.
I'rlnllHi— Ikr pUIn nril klml—tk»l
la tin hi—- I Imr * Juk |*t-,»«. Vlnln Wgl.

The Detroit times. [volume], January 01, 1917, AFTERNOON EDITION, Page PAGE 6, Image 6
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

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The Detroit times. [volume], January 01, 1917, AFTERNOON EDITION, Page PAGE 6, Image 6 About The Detroit times. [volume] (Detroit, Mich.) 1903-1920

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The Detroit times. [volume], January 01, 1917, AFTERNOON EDITION, Page PAGE 6, Image 6
About The Detroit times. [volume] (Detroit, Mich.) 1903-1920