The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1910-12-13

picturesque in the world.
A sale Of $4,000. 900 worth or bonds
OF the d.. T. & |. railway. held by the
United States Mortgage & Trust Co.
as trustee, was confirmed by Judge
Swan. in the United States circuit
court, Monday morning. The comm
nation OF the sale was opposed by
committee OF creditors. headed by
F.. ]. Lissman, of New York, on the
ground that the price was inadequate.
only about 20 per cent of the face
value being realized.
The City & Suburban Homes Co,
has taken the agency for the GoodinS,
Idaho, apple orchards, and is selling
orchard tracts. There is tempting
display OF Idaho apples in the COM
panys window on Safest.
BENJAMIN Briscoe, president OF the
United States Motor Co, has come 10
Detroit to formulate plans for a trade
campaign in England and continental
Europe. He has just returned from an
extended trip abroad. which he took
for the purpose of studying the needs
ana uendnuS lOici0hciS Will
spect to motor-propelled vehicles
There Is a big field in Europe Tor cars
of moderate cost, he says
The United States Mortgage and
Loan Co, of New York. has issued a
compilation Of the statements OF tn,
trust companies of the country in an
attractive and convenient volume
called Trust Companies Of the United
States. 1t contains all the information
that Is a matter OF record about the
trust companies, as we'll as much
other information of value TO the
fnancier.
According TO railroad men whose
opinions were canvassed by the Wall
st. Journal the prospects for next year
are not rosy, business conditions In
dicating a general slackening. The
railroads have been holding of from
making extensions and are economic
ing along all lines pending the decl-
sion of the Interstate Commerce Com
mission regarding the rate Increases.
While the panic talk heard a short
time ago has quoted down, IL is the
consensus of opinion that the policy
OF retrenchment will continue for some
months.
The Cleveland Tool & Supply Co.
of Cleveland. O.. has purchased the
stock. fixtures and good will OF the
Excelsior Supply Co, at No. 20 Atwa-
ter-st east, and will carry on the
business after Dec. IL The Excelsior
Supply Co. was the distributing agent
for the Shelby Seamless Steel Tubing
Co In the district covered by them. w.
VI. Roberts, formerly with the Excel
sior Supply Co. will act as manager
of the Detroit warehouse for the
Cleveland Tool & Supply Co
The report of the American Rail
way association shows q net surplus
OF idle cars on the lines of the United
States and Canada OF 2S.393 on Nov.
%, compared with 1851, two weeks
previous.
The Detroit United railway reports
gross earnings of $3.50 $40 for the third
week in November. an increase OF
s2l,S72 over last year Gross earn
ings from Ian. I are $S321 1895. an in
crease OF sl,l12,7l6 over last year
figures.
According TO figures complied
from So cities by the CONSTRUCTION
News. construction permits for No
vember have fallen of from the 1909
record There were l445S permits
issued last month and the estimated
value of the buildings was s56.670.355.
against 1902 permits, representing
an estimated value OF S56.4T6.7S9 In
November, 1909, Detroit showed a
loss of per cent.