The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-01-26
MADE A CORNER IN pHxxrEs.
How Detroit Baker brought the Bsnks
TO Terms.

DETROIT. Mich, JAN 25.-Detrolt Banks
dislike to take pennies. nickels. and other
small change as much as the Western
cowboy who invented the term hates to
see such currency Ia q game OF pokor AS a
rule there is a strong kick when any largo
amount OF pennies is turned in at once. and
some time ago the local banks adopted rule
not to take pennies In bulk from mercantile
establishments. This aroused the indignation
OF storck eepcrs who received large quantities
OF copDers from their customers as under the
new deal they wero obliged to ship their sur
plus to Eastern cities or send 1t to the Treas
ury Department or to Sub-Treasuries. at con
siderable trouble and expense.
Barrie 4 Saiadin who run the largest bakery
in the city. and naturally take In nm almost
endless number Of cents. were the most ser-
ously affected OF any firms and they deter
mined on revenge. Just how to accomplish,
this was mystery. II the rule had applied to
only one bank It would have been easy to get
even by transferring business to another
bank. but as all the banks had united on the
issue this remedy was out Of the question. 10
Ba1e
ing trying to devise some plan to get even. AS
he sat reading the paper after supper one of
ms children asked Tor a penny to put IN u MIS-
suddenly an idea occurred to him, Why not
wotk s on ns hs ETs
OF corpers coming to his store 1t would be
easy to soon accumulate enough sinners To
he I thonsit Of L the S more or MI Barrie was
pleased with the idea. On the following morn
ed to the into Two
A. strong hogshead was secured. carefully
sealed up. and placed In the cellar. A slot was
from the slot 10 the cash drawer IN stairs:
Early in November the frs, penny was dropped
Into ne huge G"re M aes that eSerX o eSn
with Wit cash /" be- be- turned into the bank.
vas odiropred into the slot The , barrel began
Citizens Savings Bank was puzzled at receiv-
Ing No more Offers oi heavy deposits Of eepts;
M Hrs xanea at s r p"n h se aa
But slot machines. sunday school contrbu
tons at Christmas; and a heavy call by, mer-
exhausted tho visible supply. o! the useful
ccopprrs and the banks: instead Of refusing to
sSs 20 S to snpp
customers, Merchants who sent to, banks for
ST. Slu. or SIP worth OF cents were disappoint-
tss HSoH 81 s1 ,Gs o 3 i,s@
srr sssrc 1t Of pssrE' n is
bank and casually asked the cashier about tho
corncrs. On tho two days following he made
slnlInr remarks al tne Dunk, ana On inc IOuEtn
visit he casually said:
BY tho way. guess we've got, quite batch
OF pennies M ut tho shop. II you'll send n man
OF I, Per cent"
Tho bank readily agreed. and a messenger
was sent up. When he arrived he was told
TINT thore were moro pennies than he could
carry. IL the bank wantcd them all they must
send up an express wagon. The telephone
was rcsortcd to. Tho bank was delighted.
oh. certainly, it would take all it could get.
HALF an hour later an cXpressman called.
The contents OF the hogshend had been emp
tied into three barrels. which were placed OH
the wagon and taken to the bank. The cashier
was fairly struck dumb: he had calculated on
half hushcl 81 pennies at the outside-hcre
Can't help that" said Mr.. Barrie You said
you'd take all you could get at La per cent.
premium
so the barrels were rolled into the bank and
placed in a back room. which was cleared Of
all furniture. The thousands upon thousands
Of coppcrs were dumped on the tiled Aoor:
Counting them WAS out OF tho question. and
Weighing was resorted to. The average num-
Dor Of pennies in II pound was ascertained.
and thcn tho entire collection was weighed of.
1t was roughly estimated that there wcru
102.5O pennies in the lot. Barrie & Saladin
received check for $l5.75 ms premium. Then
every hank in town was notified that it could
They all bit" and tho ba nix managed to un-
load about two-thirls Of its surplus stock
with u Il few hours Tho shortage IN the penny
market WIS relieved, and yesterday and to-
day there has been Il superabundunce Of the
copper articles.