The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-02-03
BUSINESS NOTES.

Robert e. Berger x Co., organized
to deal in leaf tobacco on a whole
sale scale, filed articles OF incorpora'
ton, Tuesday. The company Is cap
italized at $4,000 and $4,000 has been
paid in Henry T. Berger holds %
OF the % shares OF stock.
Charles T. Miller. president and
genera, manager Of the Ray Chemical
Co, is giving up the management OF
this concern TO accept the secretary
ship of the Canadian Bridge Co., oi
VAUDEVILLE, succeeding Burnham >.
Colburn. The directors OF the Ray
Chemical Co. announce in conse-
quence the following list or officers:
Gustavus d. Pope. yice-president;
Harry A. Burnett, vice-president and
superintendent; Joseph b. Schlotmau,
treasurer and general manager, aud
DIR. Carl s. Oakman. secretary. Mr..
Miller. retaining the presidency, VIII
regularly devote portion OF his time
to the company as chairman OF the
executive committee.
There is considerable talk In the
air about an impending dividend on
Detroit United stock, and II Is likely
TO be one OF the most important ques-
tons discussed In the annual meeting
TO be held this month. The success
of the company in floating its bonis
I'm the eastern market removes one ui
the most serious obstacles to the pay
nent of a dividend. Earnings OF the
road for 1910 were $9.297 ,760, and Il
is believed that the ret earnings will
be about 10 per cent ON the stock.
This would warrant the payment or
per cent dividend, restoring the rate
previously paid.
julius Stroh has added TO his dowa-
town real estate holdings two brick
stores at Randolph and Macomb-sts.,
facing On Pingree-sq The lot has a
frontage of so feet on Randolph and
10 feet on Macomb. The stores ara
occupied at present by the Richards
AZ Huetter Shoe Co. and the Yale Hat
store. The price is said TO be about
500, 900. The deal was negotiated by
Orieman Il Roberts for John McKib-
bin, the owner Addison |. Lincoln
represented Mr.. Stroh.
The Detroit Union Railroad Depot
and Station Co. held the annual stock
holders meeting, Wednesday, and re-
rorts submitted showed that the gross
income OF the company for the year
war $107,Sl1.S6, slight decrease
from the figures for 1903. Directors
were reelected as follows: Henry Il.
Joy, Richard p. Joy. Truman ii. New
berry, Henry ID. Sheldon, Philip II. Nc.
MILAN, Willis +. Bull. James @. Mil
Ter. Officers were chosen as follows:
President, Henry b. Joy; vice-presi-
dent, Richard p. JOY; secretary.
James G.. Miller. Mr.. Miller has boon
secretary of the company since its In
corporation In 1881.
The movement for the erection OF a
new building for the Board OF Com
merce is beginning to take definite
form. The building committee In its
meeting, Wednesday, tentatively dis
cussed plans for a convention hall and
board rooms on the present site at
Lafayette blvd. and Wayne-st. The
estimated cost Is 100000. Financial
plans have not been discussed. how
ever The first formal step In the or
Ranization Of the campaign for new
members was taken at the luncheon
Of the directors and invited members
OF the board In the Hotel Cadillac,
Wednesday. About so members pres
snt pledged themselves to devote tp
the work two hours day for 10 days.
BESIDES these about % members had
pledged their services in a prelimin-
airy meeting The workers will be d..
vided into committees OF four and
cards will be given out TO them with
the names of business men who, II ~
believed, should belong 10 the orgsni
Zation.
Further Improvement OF the pack.
age freight service from Detroit is
announced by Secretary Robert H.
Day, Of the transportation bureau ct
the Board or Commerce. The Michi-
gan Central announces a daily car