Lansing State Journal from Lansing, Michigan • Page 15

or JULY 24. 1924 THE TANSING STATE JOURNAL PAGE FIFTEEN News of the Business World and Latest Quotations Of The Exchanges STOCK MARKET IS IRREGULAR Fluctuations Are Confined to Narrow Limits NEW YORK, July 24-(By, A. Overnight news developments of a favorable character, reacting against special stocks, gave an irregular appearance to the stock market Thursday's opening. Atlantic, West Indies broke three points following the filing of a $20.000,000 damage suit by its subsidiary, the Ward line and Interborough dropped two points 011 warning against speculation in the stock commission authorities. Accumulation of the coppers continued.

Bidding of selected issues contrasted with the speculative selling of others with fluctuations mainly confined to narrow limits, rallied a point but heaviness persisted as a result transit statement that recent optimistic statements regarding financial conditions and earnings had been unauthorized. Reassured by steadiness of the rails, traders bought recent favorites, including coppers, low priced oils and some of the public utilities. American Water Works moved up to four points and PanAmerican and Marland oils improved materially. Foreign exchanges opened steady. Although several points of heaviness developed during the morning the main trend continued upward with buying influenced by favorable trade reports and higher commodity prices.

Another bullish demonstration was staged in the public utilities. Am. Water Works common extending its gain to 8 points and West Pennsylvania Power to 6 1-2. Reports of A further decrease in crude oil production stimulated buying of the oil shares, the Pan American issues touching new highs on the movement. Strength of the railroad issues reflected the continuance of heavy carloadings.

Erie common touching its best On Its Mark Engines can only be depended upon to always go, when they are constantly well lubricated. tOILDAG always keeps any motor "on its mark" and ready to go, as the pure deflocculated 'Acheson graphite, contained only in it, forms Graphoid Surfaces, which lubricate independently, of the high grade oil contained in OILDAG, on all of its wearing and bear. ing parts, keeping them well lubricated at all times. Be sure of your engine performance Use OILDAC. TOILDAG comes ready for use, is graded grade for grade and used in the same manner as ordinary motor olt.

Acheson Graphite. contained only in Oildat, must never be confased with any powdered or lake graphites on the market. Won't Drag With Oildaa Interesting and Valuable booklet on lubrication furnished upon request E. B. Gaff ney 712 Franklin Ave.

Lester Gainley Oil Station East Lansing W. C. Hill 121 E. Allegan St. Lansing Oil Co.

N. Turner St. East Side Vulcanizing Works 1008 E. Michigan Ave. 1113 N.

Washington Ave. North Lansing Tire Co. Robinson Auto Supply Co. a $01 N. Washington Ave.

The R. B. RIDGLEY CO, 445-459 Congress West. Detroit State Distributors Department J-1 Phone Main 5054 DILDAG THE DOUBLE LUBRICANT Money AT WORK (Brief but Important Lessons in Finance, Markets, Stocks, Bonds and Investments.) IF YOU SAVE $35.12 A MONTH STARTING WHEN YOU WILL HAVE INCOME OF $200 A MONTH WHEN 65 In saving work toward a definite goal; it makes saving easier. For instance, if you estimate that you would like to have a monthly income of $200.00 at the age of 65 years get your er to show you how much you would have to save monthly to have to the required amount.

Starting at 20 years of age, for example, you should save $35.12 a month until you are 65. This amount saved monthly and deposited in a savings bank at 3 per cent interest, compounded semi-annually, will amount to $40,000 by the time you are 65: $40.000 invested in good bonds a monthly income of $200.00, and at 6 per cent interest will yield think of the comforts that $200 a month will buy as the shadows of life lengthen. price since 1917. Independent steels also stiffened perceptibly, Bethlehem rallying a point despite rumors unfavorable dividend action might be expected at Thursday's meeting of the board of directors. Call money opened at 2 per cent.

Union Pacific rose to 2 new high, while Atlantic Refining was off at Signs that the bear position had come untenable in some stocks was counteracted by the extensive profit taking and lack of support in others. Many low priced railroads touched their maximum ures for the year. TO DECIDE ON ARMORY NEEDS The city affairs committee city council will attempt to arrive at a recommendation as to whether the council shall appropriate $30,000 toward the construction of a new armory, at a meeting to be held Thursday. There is said to be sentiment in favor of the proposition, and the committee has to discuss the matter. but no recommendation has yet.

been made. MINERAL SOAP Cleans Wood work and Floors 10 and 25c sizes at grocers Highest Prices Paid FOR HIDES AND FURS Scrap Iron-Rags and Rub. bers and all kinds of Metals. L. KAMINS Successor to G.

H. Zleglez 137 E. Saginaw St. Citz. 2483 Bell 2293 Light Harvester Cigar a moderately priced cigar of unusual quality.

Record Breaker 10c The Harvester Cigar is made by Consolidated Cigar Corporation. N.Y. Distributed by WORDEN GROCER COMPANY Grand Rapids, Kalamazoo, Battle Creek, Lansing, Michigan NEW YORK STOCKS (Furnished by Hulburd, Warren Chandler, 404-405 American State Savings Bank Lunsing, Mich.) Am. Beet Sugar American Can 1183 Baldwin Locomotive Atchison Anaconda American 45 American Smelting 69 American Locomotive 79 Baltimore de Ohio Bethlehem Steel Pir. Butte Superior Canadian Pacific .149 Chesapeake Ohio 87.

M. St. Paul 167 R. I. P.

Ctfs. 347 Chino 19 Corn Preducts 35 Crucible Steel Cuban Cane Sugar 13 Erie 35 General Motors Goodrich 22 Great No. Ore. 30 Great Northern Pid. 68 Inspiration Copper Int.

Paper Pfd. 541 Int. Nickel Ctfs. Kansas City So. Cast Iron Pipe 99 3 Kennecott Copper Miami Copper 23 Missouri Pacific 19 Nevada N.

Y. Central N. N. Northern Pacific 671 Penn 451 Ray Consolidated 11 Reading 61 Rep. Iron Steel 46 Sinclair oil Sloss-Sheffield 61 Southern Railway.

65 Southern Studebaker 37 Texas Oil 40 Tobacco Products. 63 Union Pacific 1431 U. S. Alcohol 70 U. Rubber 30 S.

Smelting 29: U. S. Steel Utah Copper 77 Westinghouse Electric 63 Willys-Overland Cosden 28 Middle States Oil 2 BOSTON COPPER. Stock Market DETROIT STOCKS (Quotations by E. E.

MacCrone Company. Bid Asked Am. Lite Trac. Com. 134 137 Charcoal Iron Com 40 50 55 55 Cities Service Bankers Cities Service Com.

137 138 Columbia Motors 8 10 Columbia Sugar 6 6 14 Com. Pwr. Ry. Light Com. Com.

Pwr. Corp. Pid. 78 79 Cont. Motors Com.

6 6 1 Detroit Edison 106 1061 Durant' Motors Inc. 21 2214 Edmunds Jones 31 33 Ford Mtr. Co. of Can. 445 450 Gladys Belle Oil Com.

6 8 Do. Pid. 10 13 Hayes Mfg. Mich. Copper Brass Mich.

Sugar Com Do. Pid. Motor Wheel Com. McCord Mfg. 36 36 National Grocer Com.

6 Do. Pfd. 80 85 Noble Oil Gas Pid. 25 35 Packard Motor com Do. Pfd.

Paige-Detroit Do. Pfd. 84 85 Parke Davis a 76 78 Reo Motor 16 16 12 Timken Axle Do. Pid. 76 78 Union Mortgage Pfd.

1 CURB AND UNLISTED Michigan Mtge. 4 Michigan Mtge Michigan Finance 4 Fed. Dis. 3 14 Detroit Mortgage 1 Mich. Screw Atlas 22 Noble Oil Gas Com.

9 Dort Motor 4 Radio Corp. Rickenbacker 612 6 SUPREME COURT DECIDES TAX CASE Co- Partnership Associations, Limited, Must Pay Corporation Tax, Is Order Co-partnership associations, limited, must pay the corporation tax provided for by that state law as amended in 1923, according to a decision handed down Thursday by the Michigan state supreme court. The court holds that provision of the law is valid and the title of the act sufficient to cover it. In its opinion, written by Justice McDonald and concurred in by the entire bench, the court says "we think that co-partnership associations, limited, are so closely akin to other corporations that they may properly be put in the same general class." According to the opinion these partnerships are organized and exist by virtue of statute the same as corporations, "with many similar rights and privileges." They are termed quais-corporations. This suit to test the law relative to this specific tax placed on the class of partnerships in question by the 1923 legislature was instituted in the supreme court by the Whitney Realty company, Limited, Detroit.

The company maintained the title of the act did not include such partnerships and hence the provision in the law was invalid. A writ of mandamus was asked to compel the secretary of state to provide annual report blanks to the company and accept its report without payment of the tax. This writ is denied by the court in upholding the law and the action of the secretary of state in refusing to accept the annual report. Donald W. Sessions, assistant attorney general, had charge of the case the state in defense of the law.

RED RASPBERRIES AT HIGH MARK: Bring 40 Cents on Market Thursday; Expect Huckleberries Saturday Red raspberries reached their high mark this season Thursday at Central market when a Benton Harbor grower started business at 40 cents a quart. Local berries were sold, however, for 30 and 35. Black raspberries were plentiful but the price varied. The quality of all berries is good. Growers reported they would have a small offering of huckleberries Saturday.

The crop is late in ripening, but heavy. Cherries jumped 25 cents a case, the selling price Thursday being $2.25 against $2 Saturday. There was a good demand for the fruit at that price. Home grown early cabbage had a fair sale and brought around six cents a pound. New home grown potatoes sold for $1.40 a bushel and were quick selling at this price.

Growers report that sweet corn, which should be ready for market now. is three weeks off. The recent hot weather however, is pushing the crop. Fifty sellers registered Thursday morning, one of the largest Thursday's registrations this year, according to the marketmaster. The buying crowd, however, was slow in getting down there was little early buying compared to other market days.

LINCOLN SERVICE BLDG. IS NEARING COMPLETION Construction work on the Trevegno building, 620 E. Michigan avenue. which is to be used for the sales and servicing of Lincoln cars by the F. J.

Blanding company. is being rushed No completion. Brick masons are working on the walls of the second story and the contractors are setting the metal sash for the windows. It is planned to have the main fioor of the buildin ready for occupancy by September 1. W.

S. CLARK TO BUILD BAKE SHOP Buys Property in West Lawn Addition for New Modern Building W. S. Clark, wholesale and tail baker at 121. E.

Franklin avenue. has just, closed a deal with the Bailey Real Estate company for two lots on W. Saginaw street at Durant street. The lots were owned by the Bailey contpany and were retained from the West Lawn plat as business lots. Mr.

Clark plans within the next 12 months aL new baking plant on the lots just purchased. The plant will be equipped with modern baking machinery and the plant increased to higher production than the one now operated by Mr. Clarke E. Franklin avenue. The on Mr.

Clark's present location does not expire for some time yet and he will continue business in the Franklin avenue location until the new plant is ready for production. The Clark purchase is declared by Grover Barnhart, the Bailey Real Estate sales manager, to of a becompative future business section for part of the city along W. Saginaw street. Already other lines have located around this neighborhood and recently the Rikerd Lumber company opened a branch yard and office in the same community. CHICAGO CASH GRAIN CHICAGO, July 24-(By A.P.H WHEAT-No.

3 red, No. 2 hard, $1.31 CORN-No. 2 mixed, $1.09 1.10 1-2; No. 2 yellow, $1.10 1.11 1-4. OATS-No.

2 white 55 1-2; No. 3 white 53 RYE -No. 1 85 3-4. BARLEY-75 1-2. 20.50.

TOLEDO GRAIN TOLEDO, July A.P.)WHEAT Cash CORN Cash OATS- -Cash RYE- Cash 85. CLOVERSEED- -Cash $11.85. ALSIKE- -Cash $10.80. TIMOTHY-Cash $3.75. Business Brevities Dr.

J. D. Bell, Center street, who was operated upon at Ann Arbor hospital Tuesday for eye trouble, is reported much improved. Dr. Bell will probably be in the hospital for a month before he is able to return to his practice in Lansing.

John M. Hertel, formerly with the old Lansing Journal, but now busines smanager of the Newmitar, Memphis, is visiting relatives and friends in Lansing for a few days. Charles H. Davis, secretary the Chamber of Commerce, is attending a manufacturers' meeting in Muskegon. Walter Z.

Harris, secretary of the Wolverine Insurance company, has gone Frankfort to join Mrs. Haris for a few days. The board of directors of the Wolverine Insurance and the Michigan Employers Casualty companies held their respective semi-annual meetings at the home offices Wednesday afternoon. The companies, have Muskegon, named representa- Harvey tive in the automobile field for the Muskegon district. Harold H.

Hardy, manager of the Fireproof Storage and Transfer company, returned from Cleveland, Wednesday evening, where he spent a few days on business. The Grand Trunk railroad company is to stage an illustrated lecture Thursday evening on transportation of explosives. The affair will be held in the parlor of the Chamber of Commerce at 8 o'clock. BAKER PETITIONS HAVE 11,000 NAMES Former state senator, Herbert F. Baker of Cheboygan, a on Thursday morning filed his nominating petitions for governor on the republican a ticket.

He stated they contained about 11,000 signatures, the required number being 7,314. There are yet three announced gubernatorial candidates to file their petitions, the last day for which is Aug. 9. They are Lieut. Gov.

Thomas Read. Governor Groesbeck, and William Potter. Besides Baker, James Hamilton of Detroit and State Senator Charles R. Sligh, have now filed the required number of signatures. In the ninth congressional district Congressman James MeLaughlin has filed his petitions for congress, as has one of his opponents for that nomination, former state senator Albert J.

Engel of City. 'state Rep. Starcus Hoyt has filed his petitions for the lower house of the legislature from the Leelenau district, and State Senator S. Karcher has again filed in the twenty-eight senatorial district. OBITUARIES Marjorie Rose Marjorie two and one halt year old daughter of Mr.

and Mrs. Howard C. Rose, died at the home, 1919 S. Cedar street, Wednesday afternoon. Besides the parents, she is survived by a sister.

Virginia, 6. and the grandparents. Mr. Mrs. Julius Rose, of Detroit.

and Mr. and Mrs. E. N. Stroupe of Warren, O.

Funeral services will be held from the home at 2 p. m. Friday, Rev. F. E.

George, officiating. Interment will be at Deepdale cemetery. Mr. and Mrs. Fred Hector are in northern Michigan on a motor and camping trip.

F. C. Browning, 432 S. Logan street, was arrested early Thursday morning on a charge of driving while intoxicated. "Balanced Rations" will be the sermon topic to be given at the outdoor services on the Capitol lawn Sunday evening, Aug.

3. at which John H. Engle, secretary of the Michigan Sunday school council, will be speaker. Concrete walks are being built along the curb around state capitol grounds and narrow laterals are being extended from these walks to the sidewalks to accommodate motorists who park their cars there and to keep them from trampling on the lawn in the parkways as much as possible. The attempt of a girl to mail a letter in a fire alarm box touched off the alarm mechanism and caused the fire engines to make a run to Main and River streets, Wednesday afternoon shortly after 4 o'clock.

Records of the fire department show that fire alarm boxes frequently are mistaken for mail boxes. The annual reunion and picnic for all former students of the Acme Business college will be held at Potter, park, next TuesThere be a program of sports in the afternoon. followed by dinner at 6:30. Word has been received from several former students of other places that they are planning to attend. POTTER PETITIONS OUT OF CAPITOL LATE BRIEFS Candidate Sees Embarrasment If Employes Asked to Sign Nominating petitions for liam W.

Potter, gubernatorial candidate for the republican nomination. have not, and will not be circulated with his knowledge or consent among any state officials or employes because of the fact Governor Groesbeck is again a candidate for the same nomination, according to a statement issued by Mr. Potter Nominating petitions Thursdaroes. beok, it is understood, are being circulated about the capitol and Mr. Potter says his petitions are not to be circulated because of the embarrassment which in many instances might result.

His statement reads: "I did not circulate or cause to be circulated my petitions among the employes in the different state departments at Lansing, the reason that I felt that most of such employes owed their appointments directly or indirectly to the governor or to his appointees, and that for me to ask them even before he announced his candidacy to sign my petitions, might place them In an embarrassing "So far as I am positionally concerned, would be perfectly willing to put my candidacy up to the unbiased judgment of the state employes if they were in a position to exercise an unbiased judgement, and neither myself governor were holding official positions of any kind." HIGH COURT ORDERS LICENSE FOR MEDIC The Michigan state board of registration in medicine must give to Norman D. Wilson Jackson, formerly of the state of Georgia. a license to practice medicine and surgery in this state as a result of the decision by the state supreme court Thursday. According to the court's opinion there was no dispute about the essential facts in the case. Wilson was a graduate of the Georgia school of eclectic medicine of Atlanta, had been licensed to practice medicine and surgery in that state, and on application as a resident of Michigan was refused a license here.

He alleged the board had licensed one Stewart who graduated with him in the same class in the Atlanta school, and that by reciprocal arrangement of standards Michigan does license such graduates from the southern state. The court in its opinion sets forth that the Michigan board admitted it had been advised by the attorney general that it would have to license Wilson. That it had licensed Stewart. Its only defense was, according to the court, that it refused Wilson under its presumed power of "using its discretion." Under all the facts in the case the court declared that in the absence of any reason for such refusal to Wilson the board had assumed authority and abused its discretionary power. A writ of mandamus was directed issued by the court to compel the board to issue a license to Wilson.

This opinion was written by Justice Fellows and concurred in by the entire bench. Business Conditions Greatly Improved "Business conditions are already greatly improved, following the June depression." said E. L. Jarvis of the Jarvis-Estes Furniture in an interview with a State Journal representative today. Mr.

Jarvis continued: "In volume of business to date for July we have had but one better month SO far this year. The last three weeks has averaged up the dropping off of June. "Prices are now at rock botBuying at the furniture markets was a little slow, even the part of the larger buyers, who were buying for present needs, rather than for future business. But despite the fact that buying was rather quiet, there was no break in prices, which manufacturers said were as low as they would ever get." The Jarvis-Estes Co. is putting on a very successful sale of the entire stock, which will continue until August 7.

BABSON IS HOPEFUL ON TRACTION ISSUES Survey of Transportation Problems and Methods Indicate "Come Back" A survey of America's transportation problems a and methods convinces Roger W. Babson, that certain traction lines whose stock is now depressed, will back. This noted statistician whose views and predictions are given important consideration by' American business. defends his position relative to traction campanies in the following statement! "All tractions were supposed to be good a few years ago." says Mr. Babson.

"Bankers and investors bought them readily because they tractions as all tax exempt issues have been gobbled up recently just because they are tax exempt. The automobile came in and the traction began to lose passenger business. High operating costs during the war added to their difficulties and many of them went into receivership. The investing public promptly went sour on them and tractions became SO unpopular as a class they were considered worthless. They are selling today at extremely low levels and many good ones have suffered unduly as a result.

"Many tractions were financed and built, during, the traction boom never have been organized--that served no public necessity, but many others were sound and are still sound because render a necessary public service. Fortunes will be lost and made on tractions during the next few years. "In many of our cities congestion in automobile traffic is already serious problem. This congestion will increase and the electrics will become more necesthan ever. I know many business men who deserted the electrics years ago to drive to work by motor who today are going back to the electrics as the most convenient transportation Wil-offered in our congested centers.

The city electric lines are a necessity and will prosper more and more as the congestion increases. PRINTERS ARE GIVEN GROUP INSURANCE The Robert Smith company. printers, have taken group insurance with the Metropolitan Life Insurance on all of its employes, effective immediately. Each employe will receive no less than $1.000 in case of death with the total and permanent disability feature. This enables all the employes to secure life insurance for the protection of their dependents at wholesale rates.

This is in addition to the proto tection provided by the Workmen's Compensation law. REAL ESTATE PICNIC DRAWS BIG CROWD Directed by clown traffic cops. the Lansing Real Estate Board members, their salesmen and headed out of Lansing Thursday morning for Park lake where the annual picnic is being held. Two hundred or more are attending and participating this afternoon and evening in the fun program. The realtors left Lansing in automobiles which had lined for toe parade in front of the capitol building.

After sports program this afternoon, the crowd will eat picnic supper and dance afterward in the pavilion. The realtors carried their own band. TURPENTINE MARKET SAVANNAH. July A. firm, 77: sales 584; receipts 819; shipments 328 stock, 151.

Rosin firm; sales 492; receipts shipments 236: stock 50,426. Quote: B. 4.40 442 D. 4.52 E. to 1.

4.62 K. M. 4.62½ N. 4.85: W. G.

5.80 5.85: W. W. X. 6.30 6.35. COPPER STIMULATED STOCK BY BUYING.

NEW YORK, July A. -Buying of copper stocks was stimulated by news that two of the large selling agencies were quoting copper metal firmly at 13 cents a pound delivered. It was said large sales, had been made this week at at which price all sellers are now holding their metal. Demand was said to continue much larger than a weeks ago. The price of 13 cents quoted by the larger agencies was highest price for the metal on current movement.

The two factors in the market were the prospects of a European settlement and the reported decrease in production. WHEAT AVERAGES LOWER IN PRICE CHICAGO, July 24-(By A.P.) -In a big rapidly swinging market wheat averaged lower in price Thursday during the early ings. Fluctuations at this time covered a range of 2c or more. Selling was largely of a profit taking character, induced more or less by the suddenness of Wednesday's advance. Besides, fresh black rust reports here from Canada this -morning indicated the amount of damage would depend on developments.

Opening prices which varied from 3-8c lower to 2c advance, September $1.28 3-4 to 1.29 7-8 and December, $1.31 1.32 3-4, was followed by a rise all around to fractionally above Wednesday's finish and then by irregular material setbacks with swift transient rallies. Corn and oats were chiefly governed by the action of wheat. After opening at 5-8c lower to 1-2c advance, December 92 1-2 to 92 3-4, the corn market scored slight general gains but then underwent losses. Oats started at 1-8c decline to 3-8c advance, September 47 1-8 to 48 1-4. Later most months showed a decline.

Lower quotations on hogs held down provisions. BIG CHERRY CROP IN NORTHERN COUNTIES C. I. B. McLean, realtor, Prudden building, who returned from the Charlevoix country Wednesday night after spending some time with his family on Holy Island.

south arm of Pine lake, reports heavy cherry yield in the fruit belt around Charlevoix. Mr. McLean has cherry Orchards vielding this eyar near Boyne City on the north arm of Pine lake. The yeild is not only heavy, but the quality all that might be desired. Growers are in fair shape to handle the northern cherry and labor to harvest the crop is not a problem this season.

Shipments to the Chicago fruit market from the west Michigan orchards have been started. Mr. McLean's orchestra are young but more matured trees in thee vicinity are yielding heavily. market is also said to be good this year with satisfactory prices to growers. Painting, Many Years Old, Found Harry Fritcher Finds Picture Among Effects of Used Goods Dealer 20 Harry C.

Fritcher, secretary for William G. Kerns, has unearthed a painting formerly adorning the walls of the Shank home in this city and said to be nearly a century old. The painting is now on exhibition at 203 E. Michigan avenue, and is a pastoral picture. Fritcher, in rummaging about among the antiques of a local used goods dealer, became interested in the picture.

The dealer, who has been in business in Lansing for 30 years, had placed no particular value on the painting. He bought it in a job lot of furniture years ago and taking a fancy to it, had kept the painting. Fritcher and dealer endeavored to trace the origin of the picture. They found that it had been purchased by the late Dr. Rush Shank, at one time Michigan's most prominent surgeon.

Dr. Shank had had the picture in his of himself and the Shank home for years. death wipom home was dismantled and furnishings sold. The dealer had which was painting. purchased the job lot among It is believed by old residents of Lansing that the painting was the work of "Madam A11 artist, long since deceased.

She was a resident of Lansing for a time and died here. Madam Burr, it is said, had painted pictures for a number of families in Lansing. The picture was not initialed. Michigan Wheat Is Selling at Premium Demand for pastry flours is so active that the white Michigan wheat, used largely for flours of this character, is selling at a premium over the red types, acto figures compiled from different markets. The condition is considered to be unusual by members of the faculty of Michigan Agricultural college who have watched wheat conditions for years.

Arcadian 19 Arizona 11 Calumet Arizona 1 52 Heck Chile 30 Copper Range Davis Daly 50 East Butte Franklin 70 Granby Greene Cananea 173 Hancock Isle Royale 16 Lake Copper Mass Cons. Miami 23 Michigan Mohawk 341 Nevada Cons. 147 Nipissing Old North Dominion Butte 23 23 Quincy Shannon 75 Superior Boston Superior Copper Utah Cons. 15 Winona 10 Wyandotte 50 La Salle LANSING STOCKS (The following quotations are furnished by Howe Jenison. 208 Capital National Bank Bldg.

Commission to be a added.) Bid Asked Auto Body Com. Auto Body Pfd. Atlas Drop Forge 22 Bates Edmonds 2 Dail Steel Products Duplex Truck 1 Durant 22 Federal Forge 12 Lansing Stamp. Co. 10 Lansing Co.

50 Michigan Screw 15 Motor Wheel Novo Reo Lawrence Baking 9 Mich. Mtge. Do. First Bond Mtg. Com.

8 First Bond Mtg. Pfd. 7 CHICAGO GRAIN (Quoted by, Hulburd, Warren Chandler. Lansing). WHEAT July Sept.

Dec. Opening .132 High 133 Low Close 131 128 CORN Opening ..108 105 High 109 1051 92 Low 107 103 91 Close 1035 OATS Opening 55 49 High 55 49 Low 5314 48 Close RYE Opening 85 87. 91 High Low 85 1. Close 86 DETROIT GRAIN DETROIT. July 24-(By A.P.) -WHEAT-No.

2 red. $1.32: No. 2 white. No. 2 mixed.

$1.33. CORN- No. 3 vellow, $1.15. OATS--No. 2 white, 65; No.

3 white. 63. RYE--No. 3. 68.

BEANS--Cash, $4.80 4.90. CLOVER--Prime $11.95. Dec. $12.25. FOREIGN EXCHANGE FOREIGN EXCHANGE England 4.48 France 5.35 Belgium 4.80 Greece 1.81 Italy 4.51 SCOTT COMPANY BIDS LOW FOR SEWER WORK The Scott Construction company, suite at 909 Bauch buiiding.

was acknowledged the lowest bidder on about $100,000 worth of sewer construction work to be awarded by the city council of Saginaw, next week, it was reported Thursday. The contractors' bids were submitted this week but have to be held over for one week before being approved or rejected, the same as 18 done on local city improvement bids, It is said. Howard Simons of the Simons Dry Goods' company, the Eastern markets buying fall merchandise. Central 11016 ELECTRIC SCHEDULE Effective April 12, 1924 Limited Cars to Jackson ::30 a. In.

1:30 p. m. 9:30 a. m. 3:30 p.

m. 5:30 p. m. 11:30 7:30 p. ru.

to Jackson p. m. 14:10 a. m. 2:05 p.

5:10 a. m. 4:05 m. $8:05 a. m.

$6:05 m. p. 10:05 a. m. 9:33 p.

m. p. m. only Sun. only Daily except Sunday Local Cars to wosso 6:12 a.

m. 12:26 p. m. 8:26 a. m.

m. 10:26 a. 4:26 p. m. 6:26 p.

m. $7:52 p. m. 8:20 p. Sun.

only Local Cars to St. Johns a. m. 12:30 p. m.

5:00 a. m. 3:00 7:10 a. m. 5:00 p.

m. 10:00 a. m. 8:30 p. except Sunday DeWitt only MICHIGAN ELECTRIC RAILWAY CO.

ANNOUNCING OPENING OF The New LUCERNE BARBER SHOP Cor. Saginaw and Pine St5. Now Open, Ready For Business Special Attention to Ladies' and Children's Hair Bobbing Buy We Will AUTO BODY Howe, Ruch Jenison Local and Unlisted Stocks Bell 228 208 Capital Nat'l Bank Bldg. Citz. 2225 Maple Hill TEMPORARY DWELLINGS are being permitted on certain streets in Maple Hill.

They are being placed upon the rear of the lots, they must be painted at once and it is distinctly understood at the start that they are temporary and must be superseded within a short time with the permanent home. Building permits are required for every structure placed upon Maple Hill. In permitting temporary dwellings the owners feel they are encouraging many thrifty families and young couples to make a start toward a home of their own, a start in a good location where every penny that ordinarily goes into rent money goes into a permanent home investment -and a start such as they might never be able to get otherwise. Here is an opportunity for you to escape high rents--rents at allown your own home here. If you have ambition and want to get ahead see Maple Hill today.

Don't delay longer. Entrance at Hunters on South Cedar (now being paved) north of the crossing. Let us drive you out. lilustrated folder sent you for the asking. MKibbin 6 Bell 2950 Realtor Citz.

3318 119 W. Allegan Open Evenings.