The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1910-01-01
NEW YEAR OAWMs
FULL OF PROMISE
Indications Point to Splendid Vol
ume Of Business in lsl0-Detroit
Gains Many New Industries.

Tne new year dawns full Of promise
for all branches OF industry and
human endeavor, In view OF the opti.
mistic reports from various sources
on the 1909 business. Particularly
cheerful Ia the Bradstreet forecast.
Bradstreets Review says:
Reasons for confidence In an OK.
cellent. IL not record, trade In 1910 are
many. The agricultural interest Is
prosperous as never before In the
oourft-y's history. and the FIRST Of th.
great crops Of the year--wheat-en-
tiers the winter In excellent condition
on q next-to-record area. High prices
for all farm produce would seem 70
guarantee enormous paintings OF all
crops this year. Spring orders already
received by jobbers and wholesalers
and business booked by manufacturers
practically insure the full or overtime
now being run until next years crop
and trade outlook take more definite
form"
Figures prepared by Bradstreet tell
a wonderful story. They show, for in
stance, an increase OF 2S.3 per cent IN
the 1909 yield of spring wheat over
1908. and an increase OF 1913 per cent
in the total wheat yield; an increase
OF 24.7 per cent in the oat yield. The
total yield of the six cereals-corn
wheat, oats, rye, barley and buck
wheat-was 4.736,S79. 900 bushels, Al
increase OF 81 per cent over 1905.
Bank clearings for 1909 were $164.
000. 900 900. an increase OF 24.9 pei
cent. Imports Of merchandise (esti'
mated) show an increase of 322 per
cent, while the estimated exports show
cent. Iron ore shipments increased
65.4 per cent. There were 1l,S40 bust
ness failures, a decrease OF 1871 per
cent from 1905. The total immigration
was $4,000, an increase of 1876 per
cent
II was a prosperous year for Detroit
millers. The hour production In this
city for 1909 was S00.50o barrels, com
pared with 756. 400 barrels the previous
year. The shipments Of hour were
more than double those OF 1908 and
three times as great as they were In
1907.
Board of Commerce statistics show
a complete recovery from the panic
OF 1907 on the part OF Detroit indus
tries. Two other things stand cut
prominently In the city's industrial
and commercial record for the year
just closed. They are: The practical
completion OF the Michigan Central
tunnel. and the phenomenal develop
ment OF the automobile industry.
In the first IL months Of last year
1S4 new companies were organized.
with an authorized capital OF $S.61S,-
no. and A companies have Increased
their capital to the amount OF $14-
413,500.
The capital invested In the automo-
bile, industry here increased during
the year from $5.700.00O to $4,000 900.
The number of employees increased
from $3.50 to $4,000 The number OF
cars built was 45.500, representing a
value 81 S54 400, 900, more than double
the 1908 output.
The annual statement Of the fire de-
partment shows fire losses OF $685.
Sol on property valued at $11.3S0.132
There we're LISA fires and 1902
alarms. The total amount OF insur'
ance on the property visited by fire
was s7,s12.253
The annual report of W. s. Winck'
Ter. clerk of the marine postofhce,
shows that the ONCE handled 650,5S4
pieces of mail in 1909.
The stork added IL PAS souls to De-
troit's population during the year,
while death claimed 10,164 persons. OF
the latter. 2,16O were children under
the age OF Ave years. or the new
corners, 6,329 were boys and 1916
girls.
There were 277 fewer violent deaths
in the city in 1909 than in 1908 and
~ more than in 1907. The list includes
10 murders. 58 suicides. 80 drownings,
IL deaths from automobile accidents
and % deaths from street car acct-
dents.
Detroit bank clearings totaled $751;
1892 for the year, as against $685.
O47,524 In 1908.
Register OF Deeds Otto Stoll reports
that the total number Of instruments
fled In his Office in 1909 was 28.O6I.
an increase OF 3,462 over 1908. There
were recorded 16.16S deeds as against
14.Ol2 the preceding year. and 1889
mortgages, as against 10.b0o In 1908.
Receipts Of the ONCE were $z4.ls4.O2,
an increase of s3,O99.62. There was
no increase in the number OF employees
however.
December was the biggest month
that the Detroit postofflce has ever
had. While Cashier Shields has not
finished Up his tabulation OF receipts
from all sources for the month, the
figures already In show that Decem-
Der. 1909. will run from $2S,000 to
$50 900 ahead OF December. 1908. And
the outlook now is for q bigger and
buster year ahead than that just
closed. In customs. the government
received rather less the past twelve
month than In the preceding period.
This was due TO the tariff uncertainty
during the early part Of 1909. The re-
ceipts nj this port for the year were,
however, s2,063.772.5s. In exports,
Detroit showed a gain. The valuation
for the year was s36,719,043. This
is about 100000 ahead OF 1908.