Detroit Free Press from Detroit, Michigan • 81

WE ARE ACTIVELY TRADING IN CHARCOAL IRON Common and Preferred WOLVERINE PORTLAND CEMENT REO MOTOR CAR BOWER ROLLER BEARING A Ji HOOD COMPANY lkoac Maia E7S4 708 Pcnobicot Bldg 3 jSILVERi I HAYES Bap Datrett Mtefe erf taw 4JtV JOHNSON ORCE IS IRST NOTICE ACTORY A JI1XIM3 MAX with several yearn of I prertlnal ripertoarv an wko knaw 0 WkM Iks te rl to a a TELEPHONE PLANTS EXTEND RONTAGE October unds TAKES DEPARTMENT BUILDING IRM Continental Motors Edmunds Jones isher Body Saxon Motor HORNBLOWER WEEKS Guaranteed Real Estate Securities Long or Short Time Loans CITRUS RUIT SALES ARE $27500000 Michigan State Adds to Sites of Three of Its Brandi Offices aS 3C0 VMoMeot Bldg IXtroU Mirk VVTHERE will yon stop Ask some one who has stopped at the Havlin and you will decide quick ly for Havlin guests are Havlin friends Building and development work of the Houseman Spitzley company has been placed In charge of Spttzley who is a brother df Spltzley Ihead of the corporation and a graduate engineer Of the University of Michigan Until re cently IL spitzley was superin tendent of construction for the A Smith Construction company The experience die gained with that company and earlier with his father in the building and contracting business has given him wide knowl edge of such work I Oscar Alexander Co 41 Broad St New York We beg to announce that the Opening of the Sale of the Harroun Mblots Corporation Stock in Detroit is now ready On account of the large demand in New York and the East for this stock only a limited amount is offered here is a personal service hostel ry augmented by every known device and conve nience to promote the com fort and pleasure of the most fastidious 200 Rooms all outside each room with bath Rate: $2 $250 and no higher (Two in room $100 extra) ir proof construction Vine Street and Opera Place Your October funds will be SAE and will yield to 6 interest when invested in first mortgage serial real estate bonds issued and safeguarded under the Straus Plan in denomina tions of $1000 and $500 'We offer a variety of con servative and thoroughly safeguarded bonds each is sue secured by a high grade building and land in De troit or another prosperous city The bonds mature serially in two to ten years giving investors the oppor tunity to select the maturity they Wish Out list includes many tax exempt bonds The record of this House proves the safety of these bonds 3l years without a dollar loss to any investor Call or write for Circular No 111 which bould afford good opportanitiM for appreciation at prMent price IOKKB BA KB fl ti Io Ssite ft Chtoepo GSaffrta I pled recHt year Booklet tm Silvtr fitocks a aecseaity apeculsta invest dOO Imperial Hog Ranches Inc now ihould pay ISO frHrly and be worth $500 Larger amounts in proportion To do thia you must take advantagef this pretest opportunity open tn a few roveators Write for foil information ta day I eape rial Hog Roache (lac) This Stock will be rver subscribed as indicated by sales in the Elast Those desiring to put in their order at the low opening price Must do so promptly All Subscriptions Received Conditionally We heserve the right to accept or reject any order at die present price as theiimoiM of low priced stock is limited Price Prospectus and ull Information upon request The Harroun Motors Corporation STOCK difficult Tt le more difficult to re cure box cars frcm the railroads and to have them loaded when they are secured Several of the Leading producer of foundry coke in that field find it necessary to exert all their energies to fulfilling their present obligations and have with drawn from the market Spot ship ment stock coke Un that district is extremely scarce Some furnace coke hap been soM for immediate shipment at 324 a ton while the probabilities are strongly in favor of higher prices Rogers Brown Co The Remonetiz ation of tribetton RAILROAD kxclvxii eiy COWLEY Local oundry fully equipped to pro duce Grey Iron and Semi Steel also Brass castings is open for additional work Auto parts preferred Prompt deliveries and satisfaction guaran teed Address Box A So 175 Detroit ree Press I ROSS HENKEL A WEGNER MGR 1204 Penobscot Bldg Main 1909 Detroit COME WRITE Penobscot Building Exclusively a specialist Bond House 34 years without loss to an investor THE DETROIT REE PRESS: SUNDAY OCTOBER 1916 voted to the prudacere tro red tnetal rertlrellvery important row pa ay to 'cotsred topether with capitalisation stat atua a rtvtoar of the altuatlon Sigh and low prtrra etc Seventy five Silvers A booklet containing maps of Important camp ar letos on th History th Piher Industry itnatioa and eat look and would mean a price of overSlOt an ounce for the metal and big proflte on Silver stocks bought at present prices Wo have on the press a SILVER BOOKLET giving the essential facts about Sore than sixty of the leading Iver stocks This booklet will be sent you upon request Ask for W7 or tor convenience arti coupon below go fell Awl tarviea" SONES BAKELTOOK BROKeM 29 La ScDe St Chickgo Raoooipn MUu Direct Prfteto WWm New York Philadelphia BoaVoa mttnbarah General Aluminum Brass Nig Co Com Tn view of the phenomenal increase in earnings this stbtk in our opinion should sell at considerably higher ptices We shall be £1ad to furnish detailed information upon request GEORGE WEST COMPANY Investment Bankers Union Trust Building TeL Main 1118 Paige Detroit ord Motor of Canada Reo Motor Car Continental Motors Michigan Copper Brass The above securities are the most active on the Detroit Stock Exchange at the present time We have an active market in these securities ahd are able to quote close and atcutate prices A Scheffer Co Established 1 696 STOCKS AND BONDS Cherry 1547 8 34 Congress St VhtMbU Beto It 60 par bu hothouse cucumbers watercress per dot Wgiplant ltil 5S per doz tnrnlpa fl 75 per bu gariio i4Uc ver lb: horaemdtoh We: per do pMSiey per dot green pep pets 1 6001 75 per bu red pppera 60 pir bu round radishes 1MJ2vc per doa car rota 1 76 per bu 4obMrtesa TALLott Ns 1 tc No Hc per lb No 1 cured lie No 1 ggreen No No 1 cured bulla 14c No 1 green bulla Uc No 1 cured veal kin fie No arenabal kip lc No 1 cored murrain Me No 1 green murrain Mo NS cured dalf fie No 1 green calt fie No borseMdss fifi No 1 toorsenldes No I hides 1c and No I kip eM calf IhK lower than the above aboopekiRt as to amount of wool Mdq fiM each Detroit wholesale prices: Cryo tal fiftatawb lit erystal dominoes eoaroe ft gtaaalatod fine in bulk IT fiiranoiatod lb cartons fifi traavtotot Ut UlLL BUY OR SELL ederal Motor Truck Bower Roller Bearing Highland Park State Bank of Detroit Hoover Steel Ball Paige Detroit Motor Michigan Copper and Brasi BESNER CRAMER Investment Securities Phone Cherry 615 1038 Penobscot Bldg OVennor A Beid IWre Oter Bui neu of Company Daniel O'Connor and George Held who during the last four years have been associated with the subdi vision department of the Rtnrnhfeltz )xve1ey company have Joined under firm of A Bald and have purchased the reel estate business and good will of the company taking over the of fice of the latter firm at 2060 Grand River avenue During their con nection with the Stormfrhz Dbveity company Messrs and Reid were active in the sale of property In the atty and Toy farm aubdf lslnns acquiring valuable knowl edge of land values In the northwest section The firm plans to open branch offices ns soon as growth of business makes further expansion desirable Shipments bf California Ex change for Year Amevnt to 67 Per Cent bf State'a Crop California growers ot citrus fruits particularly those who ship their products through the California lYuH exchange have had one of the most prosperous yfcars In the history of the industry accord Ing to the aXibual report Jtist Issued from Dos Ahgeies for ths 1116 1 season by Harold Powell gt neral manager of the exchange During the year exchange grow ers producing 67 per cent Of the total California crop shipped 721 boxes of urangCH and 3t8193 boxes of lemons a business rarrt senting In total a return to the Cali fornia members of 2750000 or i per rent more than in any prreed Ing year An Indirect tribute is paM the middleman whn It is pointed out that on transactions with t60 job bers the losses on this great volume of business fiom bad debts and all other Causes amounted to only10200 The total cost of market Including advertising aver aged only a trifle more than eight cents a box oranges and nine cents on lemons Reference Is made in the report to the fact that Italian lemons are grown at one third the cost of Cali fornia production that the Italian packing cost is approximately only threo fourths that which mast be borne by the California shippers and that the freight rate for trans porting a box of TMwona from Cali fornia to Now York to two an one thltd times the rate paid by Italian shippers from Palermo Italy to the same port In the United Stales NEW REALTY IRM STARTS PEACHES QUOTED DULL AND EASY Best Apples Strong Mar 1 ket in Dairy Product Poultry Eaxy Poultry is easy and in light de mand Receipts are pretty large and lower prices are quoted inwome lines Eggs are firm and active Butter and cheese are firm Peaches are in good supply and light de mand The market is alow and easy Best apples are firm and Higher aut there is not ipMQh vwtlv iLy in the inferior gradea Vage i tables of all kinds are firm and In moderate aupply There is a eral tone of nrmneen tn all parts of' the produce market ruita LUM3 R140g2 bu HO 50 per crate USMONS CaUCorala pr box UJMES 41 'NRi 7( per 'MO and 12 SO nr vb) CRANBERRIES IS 75 JwdMl and SVtS par bbL California Valencies 06 Mfi 6 iper box Common BartleMa 1 0U46 per bu ords fOfiUcyer Dromsdary fi per cae UAUORXIA Ml'tTTS Poan fig3 a rapes 1 75gz per bu ancy 50 XA 25 Afi 0ft60c per bu APPLES ancy $3 604 choke 462 per bbj: No 2 60cfcSl per bu Delaware and Niagaras Kg Abclor pony baskets Concords MJ2Sc for 8 basxys island grapes SfttOc for 10 to lb baskets arm and Garden GREEN CORN il 7 per tag CELERY Kalamazoo per doz Home grown fi 7596 par bu POTATOES In oarloto: Round SITS long 51 6o per bu MAPLE SUGAR New iSOMo per lbyrup fi 1501 60 CABBAGE 3 2603 60 per lMb crate fi 6 per ba and 460 per 4oa NONET hncy white Mfilto amber SdfiUc Wtntotsd Tfiko per IbJ NEW ancy white WglTc em ber lufcllc extracted per lb ONIONB Spenisb fi 61 per emto Michigan fi 40fi2 fopar ivo lb sack Head lettuce 3 32 60 per Case leaf luttuoo fi 6001 7 per bu Aoefetords A2 60 for standard crates lgl 26 for Oata SWEET POTATOEM Vlrgtnia fi par bu and 2 76 per bbl Jersey 1 75 per ham per and 6 per bhh NUTS fcpanxfi chestnuts I6c par Tbt Bhcllbark hkkory 1 So largo hickory 123 per bu waintfts fi par bu I DRIED Cud tn bulk per lb ta 24b bozos Si to case fi76 per case ktanowes bearing fifi psr 10 box UVE Broilers 13619c No 1 hens 16c good hens 17c medium hem 14c ducks 17c ceeae 13g Uc turkeys MBXc left 'there till service demands necessitate itr demolition The telephone company is being hampered considerably in its con struction work by the high tide of prosperity prevailing in Detroit Contractors too busy to under take new work Labor is scarce and materials are difficult to obtain Many contractors who have been asked to bid on new work say they have all they can do Tor months ahead SEPTEMBER EAVES PIG IRON ACTIVE Starting Monday our Telephone Number will be Main 5000 Not a Single Dollar Lost through the purchase of our investments in tlie twenty years we have leen in business We have mortgages as low as The are taken on a basis of 45 of the value ot the tansL The careful investor i interested in the farm loan If you are a speculator our proposition will not interest you Call or write for our booklet THOMAS MORTGAGE CO ARM MORTGAGE BAKKERS Phone Cherry 1216 262 Pehobscot Bldg Deals Involving Over $30000 Provide Land for Building Expansion in uture As a part of its program of egpan fcion and million dollar construction the Michigan State Telephone com pany last week completed negotia tions for the purchase of property adjoining Its Hickory Heiniuck and Market exchanges The three deals involve an expenditure exceeding300 Adding a rtrip of land 30x11 feet on Bethune avenu purchased from Mrs Carrie Gray and adjoining the ipresent Market office sue the telephone holdings avail able then far building purposes ex tend 90 feet along Bethune avenue and 115 feet on John lans tor use 4f the property are being pre pared and will be announced within a few weeks The two family flats occupying the newly acquired prop erty are to be raxed The purchase of a lot 62x173 feet adjoining the Hemlock office on the east gives the telephone company frontage of 12 feet having depth of 17 feet at the southeast corner of Second and Glendale avenues A frame residence and garage stand on the recently acquired property Both Will ttkrn Mnwvi tnrh hamf future when building operations now being planned are ready to be car ried out Realizing that real estate values are climbing rapidly in Detroit and that the demands made on the Hickory office Are likely to increase durtnc the next few veers tn rxnfnf where etfll further capacity rouat be provMed there the company ha purchamd the property adjoining the Hickory exchange on the west adding IS feet to He holding giving it frontage of 11 feet on Kerche val avenue at Lyeaate A duplex hvua now on the remtee will be Qrf INVESTMENT Qtf GUARANTEED 0J Real Estate Security Cha Roa Robt A llaakl 8r 1 204 Penobacot Bldg Qre Maia 1909 100 SHARES Scotten Dillcn Stock WM ROSE 719 Dim Bank Bldg The Bull Market Is Here BUY COPPERS INDEPENDENT OILS MOTOR STOCKS cases 7 66 erystal dominoes granulated halt easoa 7 66 diamond A 17 36 con foettonera A fi No A 17 No 7 No 6 76 Na tfiW: Ns Ns 17 No 10 IM It No 12 1 Nos 1 fi non caWng mix ture SO best aranutoasd 17 16 per cwt household powdered )b cartons 91 to sXaa2 per case household powdered 1 lb Southern Oil Transport Corporation Capital $20000000 Par $1000 Issued $11650000 comprising a merger of the following companies: Scottish Mexican Oil Co Ltd Tampico Navigation Co Tai Vez Oil Co Producers Terminal Corporation uel Oil Distribution Corporation Tank Ship Building Corporation 200000 shares is now being offered to the public for a few days at $8 the proceeds of which is to build large ocean going tank ships and other equipment The company is now producing about 10000 barrels of oil per day and this production will soon be greatly increased It has now in operatibn a line of oil barges plying between the oil fields and gulf ports and are increasing its transportation as rapidly as possible It owns and controls 46 square miles of what is considered amongst the best oil lands in the Tampico fields It has contracts now for over 7000000 bar rells of oil and can sign up for many times more as soon as its transportation and delivery facilities are adequate It has an earning power on the present issued capital of about 4Q and when its transportation facilities are increased it is estimated that the earn ings will be much greater If you have kept any track of the oil situation this past few years you can harcy help but realize the enoftnous future there is for the consumption of oil Many big Mercantile Marine Companies are adopting the use of oil fuel as well as other large industries when oil is obtainable The United States navy will largely be using oil for fuel from now on In fact oil has so many advantages over coal for fuel purposes that in the next three years its use will increase beyond any expectation To give you a couple of illustrations: American Hawaiian steamship made two trips one under coal and one under oil fuel The voy age was from New York to Pacific and Hawaiian ports and then back to Philadelphia via the Straits of Magellan With coal the voyage took 186 days and with oil 161 days Time saved by oil voyage was 25 days on the round trip 18 days of this bring saved as the result bf increased speed and 7 days by quicker loading (The item of quick loading Is very important since a large ship that takes two days in loading its coal can be loaded with oil in four hours) The actual saving in time due to higher speed and quicker clearance from ports was 134 There was saved on the oil burning trip $4813 in victualing the men $12 500 lower expenses due to the 25 days shorter running time $1000 in less disbursements in fueling ports $1275 gained in revenue from increase in freight Space a total bf $19500 saved or equal to a reduction in operating cost of the vessel of over 207o Another instance of a New England industrial plant which his in commission 15 boilers of 5800 When burning coal it employs 63 men including firemen ash handlers and coal past ers Mexican uel Oil was introduced and the plant Is now operated by 7 men What can be done with existing boiler plants is shown by a test made by the Jenckes Spinning Company of Pawtucket I The boiler plant has a theoretical capacity of 1500 A 24 hour test using the best steam coal (Pocahontas) 389 was developed Using Mexican uel Oil the same boilers developed 1550 Manufacturers wishing to extend their plants can make such extension up to 40 or 50 increased capacity without having to expend a dollar more on their boiler houses Numerous illustrations of this kind could be cited which simply goes to show that such an enterprise as the SOUTHERN OIL TRANS PORT CORPORATION combining at it does not only the production of oil but owning its own fields its own transportation its own terminals its own refineries its own ship building plants makes the outlook for it one of the greatest of such in dustries We are now offering the stock at $8 per share and anticipate that it will sell much higher very soon We strongly recommend it either as a specu lation or permanent investment arid will be pleased to furnish full particulars JOHN GLENDON 1213 Dime Bank Bldg Phones Main 4215 827 Merrill Lynch Co Yorh Stock Exchange Detroit Stock Exchange Penobscot Bldg Detroit 7 Wall St New York Main 37b7 Sinclair Couls enters brtroit Stock Erchahgt 419 420 bint Bank Bldg Phone Cadillac 2816 Money in Hogs No business on earth will put more real iron dollars into your pocket tvery fear than Hog in Imperial Valley i I MtttotP are 1 tamed trio earh any and Coke Prices Are Advancing With Scarcity at Labor and Cars Cincinnati Sept "SO While September was a strong Tnonth in the jrig Iron market It closes Ktronger than it opened Export business was prominent but dom estic demands for nil classes ot iron have been so insistent that tftices have again started upward and some furnaces have found it neces sary to withdraw from the market Another southern Ohio producer has advanced prices to 1 furnace on No 2 which now establishes that as the minimum price for the district with the general TeeHng that further advance may be made shortly The unsold tonnages of Jackson county silveriM for de livery during the balance of this year and the first half of 117 are diminishing so rapidly that an ad vance ot 1 a ton on all grades has been made by at least one of the i producers In the Cleveland dis trict th hame condition prevails One of the principal producers in that district has found it necessary to practically withdraw from the market Activity exists throughout' the i country inquiries and sales are coming 1n at a lively rate and thei Pennsylvania blast furnacemen are advancing prices 1 Prices of coke are advancing and those who endeavor tosecure fuel 1 are finding It increaslAly difficult I to do so The Connellllie district 1 Is probably typical of the general situation Labor being scarce the men h'ork when thev want to which i make regular shipments extremely Citv fjfs bO7 Cut nut rourn end mall Galna Lead in Salesmanship Competition In 1ho aaleemanehlp contest re cently conducted by the personnel of the James fierce Associated companies Tom 1 Johnson and hisisles force earned the prize As a resident of Detroit many fears Mr Johneoft hfis closely watched development of the North Woodward section tn which he has great confidence Subscriptions accepted for California Packing Corporation CcmmStt Stftck Price $3600 per share Csmplsta lafomtioa Upos CARLYLE POVAH Mtmbin Dfret Sloc SscAanft 606 Wftobacot Bldg Phone Maia 4800 DODD MARTIN CO it ember Cbleaffo BoarA of Trad Detroit Board of Tnd GRAIN STOCKS local securities Direct Private Wires to all Principal Exchances Correspondents HARRIS WINTHROP CO New Tort and Chicago MetaMrs New York Stock Exchange Boiton Stock Exchange Chicago Stock Exchange paatattats in Motor Car Copper sad other oharoa Direct Private Wires to AH Principal Exchanges WM A NEER CO JfmSrvA Derrew Afcri 243 Penobscot Bldg Main 2300 I I i I i I Goinj6 to Cincumnfx? 6l ccnTircc at ln wttnia a (v lv Lrccrouu) II NaoeKetnH yatwas mterresUlon eawc rntog aay I OCTWO'T prep rip in C'ctora'hK Wr iB'ig Ed Maba Oreswa ar Waaagtna address It years I tx I I jfs 'I? rl 4 hl vi st.