The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1910-09-29

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The feature OF the local stock mar.
ket 10 the strength of Detroit Edison.
II has reached Q high price. = sale
being recorded at 1o4h.
Most OF the Detroit bank men who
will attend the convention OF the Am
erican Bankers association In Los An
geles, leave the city some time today.
Several left with the New York dele
cation. Sunday.
The Penberthy Injector Co.. Of De-
troit, has decided to make = $4,000
addition TO It's Windsor branch, pro-
vided the city will hx q satisfactory
assessment aud give concessions en-
joyed by other manufacturers.
The Detroit Real Estate board held
its first weekly luncheon In the Pen
obscot Inn. at noon, Wednesday.
There was a general discussion or
real estate affairs. These luncheons
will probably be kept up during the
year.
The Builders and Traders exchange
will hold a meeting AT 1880 this even
ing. to form q social club among the
members for the winter season. Ex-
tensive plans are afoot TO promote
the social features OF the organiza
ton.
In the annual meeting OF the Mich
igan Association Of Certified Public
Accountants. held recently In Detroit,
Officers were elected as follows: Pres
tdent, N. A. Hawkins; vice-president.
Fred Wilson; treasurer, Harry Ripple;
secretary. Fred T. Gies.
In q meeting OF the creditors OF the
Clough & Warren Co., In the offices OF
the Detroit Trust Co., Tuesday. IL was
decided 10 continue the business as
a going concern. A committee OF
three will be appointed by John Bal
lantyne, who acted as chairman of the
meeting. to care for the interests of
the creditors.
Elmer l.. Allor, receiver for the
Brown Hotel Co., appeared before the
over the money held by him as re-
ceiver to the Detroit Trust Co..
which has been appointed trustee. He
petitioned for o review Of the order
requiring him to give up the money,
before Judge Swan.
Referee In Bankruptcy Lee s. JOS
lyn issued a notice, Tuesday, to all
interested that they should appear
before him today to present argr-
ments why the $4,000 life insurance
policy on the life of Frank p. Glazier
held by the bankrupt estate should
not be sold In accordance with a pc
tition before the court.
Speaking before the Detroit Credi,
Men, Tuesday, w. Z. Brownlee. OF the
Brownlee-Kelly CO., wholesale lumber
dealers, paid the following compliment
to the retail lumbermen Of Michigan:
There are no better credit risks any.
where than the retail lumber dealers
In the cities and towns of Michigan
and neighboring statesmen operat-
ing with a capital Of from $4,000 to
$5O, 900, on the job all the time, care
full, energetic, thrifty and practical
and most of them not above loading
a wagon or driving team when occa.
sion arises"
The Detroit Credit Mems associa-
ton held its first meeting after the
summer vacation. In the Pontchar-
train Tuesday evening, opening the
fall campaign with dinner. There
were about 100 members in attend
ance. After a short business session,
Robert w. Smylie of the Peoples
State bank gave an interesting talk on
the subject, What Is a credit man!"
He was followed by W. E. Brownlee
of the Brownlee-Kelly Co. who spoke
on Credits large and small" Samuel
l. Slade sang several selections dur
ing the evening. A tribute was paid
to the late Harlow p. Davock, who
was closely connected with the work
OF the credit men, and a committee
was appointed to draft suitable resolu-
lions expressing the sympathy OF the
association with his family.