The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-07-10

For the first six months OF 1911 R
@. Dun and Co. report failures num-
bering 1861. an increase OF 67S over
the corresponding period last year.
Aggregate liabilities decreased, how
ever. from $112,239.306 In 1910 to
sos, 69S,334 The increase In the num-
Der Of failures was distributed
throughout the country and was chief
ly in mercantile lines.
The Zenith Carbureter Co., OF
Lyons, France, will locate factory
In Detroit The Board OF Commerce
has been In communication with this
company, which Is said to make the
highest grade carbureter In France,
and is responsible for bringing the
company here They will employ
about 40 men at the start and II Is
expected that they win make 10000
carbureters per year.
The opening of the ONCE or the
Adams Express Co. In Detroit. taking
over the local offices OF the Pacific
Express Co. will mean q big saving
on express shipments TO points In
New England and elsewhere. Hither-
TO IL has been necessary to pay two
rates from Detroit to points not reach
ed only by the Adams. The Southern
Express Co. territory, q subsidiary OF
the Adams, IL also opened up to De-
trcit shippers,
The Pere Marquette announces
three new appointments that will take
effect Immediately. w. A Hawker
trainmaster Of the Chicago division,
south Of Holland. including Chicago
terminals. Lacrosse division and the
Benton Harbor branch. Headquarters
are at Benton Harbor. w. III. Romoser
Is made trainmaster OF the Grand
Rapids terminal and the Chicago d.
vision including Holland, Muskegon
and Big Rapids. Charles Harsch In
appointed general agent OF the road In
Chicago.
The bicycle. motorcycle and phono-
graph business of William e. Metzger
has been Incorporated and will here
after be conducted by the William e.
Metzger Co. The officers OF the COM
pany, who are the sole owners Of
the stock, are: President, William e.
Netzger; yice-president. Joseph e. Ad-
cock; secretary and treasurer, Henry
ID. Purinton. Mr.. Metzgers extensive
automobile interests have made Il Inn
possible for him TO give personal at
tention to this business, and IL has
been under the management OF Mr..
Purinton and Mr.. Adcock for some
time.
The next trip In the series arranged
by the trades promotion committee OF
the Wholesalers and Manufacturers
association will be taken Thursday,
July IL and the towns to be visited
by the Detroit business men are Pom
tiac, Royal Oak and Birmingham. The
special cars will leave Detroit At $40
and the first stop win be Royal Oak.
The schedule brings the visitors to
Birmingham at 1918 and to Pontiac
at 11:15. Dinner will be served there
In the Elks temple by the Pontiac
Commercial club. The return trip
will start from Pontiac at 4:45 D. m.
and the party win arrive In Detroit
~ 500 p. m.
Activity on the Detroit Stock Ex-
change was centered In the motor
stocks, United States Motors common
leading. General Motors and REQ also
came In for good share OF market
attention, the latter shading on again.
Michigan Sugar was trifie strong
er on reports OF better weather In the
beet country. Detroit and Cleveland
Navigation was the most active OF the
local Investment issues. Some small
lots Of Detroit Edison were handled
at a fractional loss. First National,
which was bid up to 172, was the only
feature of the bank list. Transactions
amounted to 2,5l7 shares, value s79.-
| SOC.