The Birmingham age-herald. [volume], November 07, 1914, Page 3, Image 3

About The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950

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I | All are utterly amazed at the reductions now being made here dur
I | ing this big CLEARANCE SALE of new and used Pianos. Nearly
f everyone who investigates remains to buy. That so many Pianos were
| sold last few days we attribute to the fact that people have read our
| advertisements and then investigated. We ask no one to take our
I word for the claims we make—we simply ask you to believe the evi
I dence of your eyes. It’s easy to put a lot of truck on paper and make
| wild claims. We try to be conservative. But come and make us prove
( I our statements. Use your eyes and ears and YOU will be convinced.
I Others have been. We won’t persuide you to buy. The rapidity with
| which our stock is being reduced, the way these unprecedented bar
| gains are being “grabbed up” does not require it, even if we had a mind
I to. This sale will be of short duration—so don’t delay if you intend
I I :oming. Better drop in tomorrow. You can’t possibly doubt the hon
| j »sty of our claims or the trustworthiness of our statements when you
I I see the Pianos. Note the prices and compare with those of the “large
J I profit” dealers.
I-11 $jl
MANY OLD RELIABLE T
MAKES OF M
PIANOS
EMERSON -
VOSE * SONS 1
CABLE J.M.STARR 1 i
KROEGER
SCHUMANN j |
Many new and wmo lew I I
MlgAitlv used. All re- II Per Week
lardleiM oi ooft I | _
SEALS PIANO CO.
_ _ Qj>eii EvegiiyfaL_
BRADSTREET’S SAYS
, SITUATION BETTER
Calls Attention to Easy
Money—Cotton Mar
ket Easier
New York, November 6.—Brad street* a
1
? tomorrow will say:
Continued improvement in sentiment,
additional ease In money market matters,
Increased Interest in stocks and bonds at
higher prices, heavy grain exports, sus
tained demand for war materials at re
munerative prices, higher prices for ce
reals and live stock, somewhat better
collections, excellent winter wheat condi
tions and undeniable betterment in the
southern cotton situation, duo to a rise in
exports, furnish a budget of favorable
news this week. On the other hand, there
is considerable idleness, which reduces
the purchasing power in many sections,
and warmer weather adversely affects re
tail trade, while likewise restricting re
orders.
Failures for the w'eek in the United
States w’ere 817, compared with 241 last
year; in Canada, B9, against 42 last year.
Bank clearings wrere $2,563,699,000, a de
crease of 26.8 per cent from last year.
Wheat exports were 7,312.284 bushels,
against 7,837,870 bushels a year ago.
m ns in
' .J f „ 7. y&. ±7- - “ iZ •: . •
Democrat Has 367 Plurality,
i While Republicans Beat
Progressives
Cullman. November 6.—(Special.)—W. TS.
James, who managed in this county the
campaign of John L. Burnett, received
the congratulations today of many in
terested people throughout the district foi
his splendid work in this section. The
veto, tabulated today, was us follows:
Burnett (democrat), 1367; Stephens (re
publican), 1000: Morton (progressive), 120;
Garrett (socialist), 17.
Mr. Burnett’s plurality was 367. Hia
plurality In 1912 was only 62.
A. A. Hollo, democrat, was elected sher
iff, and Rube Rryan, democrat, was elect
to the legislature. St. John, democrat,
lost the county In the race for the state
senate by 23 votes.
HUNTSVILLE
Huntsville, November 6. — (Special.)
Revenue officers made a successful raid
and captured an Illicit distilling plan)
that was operated at a point three and
one-half miles west of Hazle Green and
a quarter of a mile from Briar Fork
church yesterday. The still was operated
by steam and had 100 gallons capacity.
Seven hundred gallons of beer and a large
quantity of mash wus destroyed.
At the weekly meeting of the Civil?
league yesterday the organization went
on record as favoring the medical exam
ination of teachers and pupils in the pub
lic schools of Madison county.
Mrs. Jennie Fowler, an aged lady of
Hazel Green, died yesterday after a long
illness. She IS survived by two daughters,
Mrs. Bud Carter of Hazel Green and Mrs.
Will Fowler of Birmingham.
Mrs. Mary Jordan, wife of William
Jordan of West Huntsville, died yester
day. She was 24 years old. Her husband,
father, George Roden, two sisters and two
brothers survive her.
To Diversify Crops
Anniston, November 6.~(Special.)—H. T.
Persons, county superintendent of edi^
cation; F. H. Watson, rural supervisor,
and J. W. Harris, Hjnember of the board
of education, have returned from an In
spection of the schools of Choccolocco
valley, one of the richest farming sections
of this part of the state.
Superintendent Persons and associates
state that the farmers in that section
have got in line with the diversification
propaganda and will practice “hog and
hominy” philosophy in their planting for
next year’s crop.
Kavanaugh Found Dead
Chattanooga, November (.—(Special.)
Robert V. Kavanaugh. 42 years of age,
one of the proprietors of the Stag hotel,
died suddenly of an attack of heart fail
ure or apoplexy today while shaving him
self In the bathroom of his home.
He was heard to fall by his slter, who
rushed at once to see what had happened.
She found the door locked from within
and It was necessary to get an axe to
break It down.
Press Prohibition Act
Chicago, November 6.—Claiming the
"dry” forces will have a majority of three
In the Illinois senate and probably two in
the house, E. J. Davis, Chicago secretary
of the Illinois Anti-Saloon league, todHy
said the anti-liquor forces would press a
residence district option act and a meas
ure to prevent shipping of alcoholic drinks
Into dry territory.
f
r
t
STATEMENT
Traders National Bank
Of Birmingham, Ala.
Condensed From Report to the Comptroller .of the Currency October, 31, 1914
RESOURCES
Loans and Discounts .$ 780,598.06
U. S. Bonds . 235,500.00
Furniture and Fixtures . 19,598.59
Federal Reserve Bank Stock . 3,000.00
CASH—
In Vault ...$134,344.42
With Banks . 276,862.42
With U. S. Treasurer. 10,900.00
Total .$421,106.84
BONDS—
Bonds to Secure U. S. Deposits .....$ 80,200.00
Birmingham Waterworks Co. Bonds. 6,500.00
Illinois Central Bonds . 9,000.00
Southern Pacific Bonds . 9,000.00
Union Pacific Bonds . 9,100.00
Empire Coal Co. Bonds . 28,000.00
) Alabama State Bonds ... 20,200.00
Anniston W:ater Supply Co. Bonds . 4,900.00— 688,006.84
} 1<otal ..$1,626,703.49
' LIABILITIES
Capital Stock ..$ 250,000.00
Surplus and Profits . $80,686.41
k Interest Reserve . 4,694.57— 85,280.98
J Circulation .*. 218,000.00
A Reserved for Taxes and Insurance. 1,393.87
f. DEPOSITS—
t Individual ...*...$691,227.93
United States . 50,793.19
Banks . • 330,007.52— 1,072.028.64
- - ' $1,62S,703.49
i I
SOI POTENT FACTS
OF EXPORT TRADE
Leaders Think It Is Bound
to Cause a Revival in
Domestic Trade
GAIN IN OCTOBER
IS FULLY $30,000,00(
Treasury Department Is Keeping De
tails Secret Out of Consideration
for Nations Buying (*oods
in Large Quantities
»y HOLLAND
New York, November 6.-(Special.)—Fo
reasons of expediency the Secretary of th
Treasury, Mr. McAdoo, has directed tha
some of the details of the exports fror
New York in October to neutral nation
are to be maintained in confidence by th
government for tho present. This secrec;
| reflects no desire on the part of the ad
I ministration to withhold information fror
j the American people, but simply the dls
position to respect what Is understood t
be the wish of countries to which thes
exports In October were made.
It is a disposition which exporter
themselves, and particularly Abe manager
of large, industries, have recognised. The
have been told that the nations which ar
now purchasing in large amounts In th
United States are anxious that the char
arter of these purchases, and, as far a
possible, the amount of them shall no
be made public. If there were some wa,
by which the American people could lean
confidentially W’hat these details ar
there would be no reason for wlthholdini
the Information. The neutral nation
which are now buying so heavily and th
belligerent nations whose purchases c
certain kinds of commodities are alread:
unparalleled are anxious to keep thel
purchases from the knowledge of th
other belligerents as far as possible.
There are, however, some details whic
cannot be kept from the knowledge c
the public here or across the sea. Fo
instance, it has been possible to lear
that Italy bought of the United State
In October of this year and caused t
bo shipped from New York commoditie
of tho value of nearly $3,000,000. That J
$2,500,000 money value more than Ital
bought in the lTnited Htates in Octob*
of last year. The principal items ai
wheat and flour and copper. The larg
amount of copper which Italy bought I
presumably designed for perfecting h«
war equipment, although England ev
dently suspects that by some subterfug
a part of the copper would roach Gei
many, for Germany is known to be 1
need of copper for war purpose*.
Denmark bought in tho United f?tat<
and exported from New York in Octob«
commodities whose money value was $3
(>00,000 In excess of her purchaaes in th
country a year ago. Denmark hi
nevqr been a large bgver in the Amei
iean market, but the exigencies of tl
war closed the sources of supply whic
she has hitherto found in the natior
across the sea. Holland, which has a
ways been a good customer for the Unite
States, bought and exported from Ne
York in October of this year about $3X1,0
in excess of her purchases here a yea
ago.
The especially striking exports froi
New York in October were those whir
represented purchases made by Greece
principally food—which were nearly $1
storm Seven Styles in Boy den
Shoes at a Reduction
These are not shopworn “relics,” but
styles in which there are a few sizes
missing. Rather than “fill in” to these
sizes, we’ve cut the price to move the
remaining pairs.
Boys’ Shoes in all You have choice of Tan Russo ai
leathers and the Kid and Gunmetal in Blucher, Button,
ctvW Bal or Semi-English models. They re
y all “Boydens” and were formerly $6.50
S2.50 l» SS.H an,i $70°- #6 00
Broken sizes ill Everything Men and Boys Wear
“Boydens”
t
$3.95
1922-1924 First Avenue “In the Heart of Birmingham”
l _
> 000,000 In excess of the purchases made a
5 year ugo. In fact, in October of last
year the exports to Greece from New York
were so small as to he worthy of no con
sideration. Norway and Sweden together
i bought from the United States and ox
■ ported from New York commodities of the
. money value of $1,750,000 tn excess of the
j purchases made in October of last year.
Almost all of these purchases by neu
tral nations would have been elsewhere
H than in the United States had there been
l no war In Europe this year. Tn business
r circles the belief is strong that these
neutral nations will continue to purchase
heavily in the United States as long as
' the war lasts. None of them is ^ nation
f from which we Import in any large
i amount, so that the aggregate of our ex
1, ports to these neutral nations will in
f crease considerably our favorable trade
balance.
r The Visible Trade Balance
9 The visible trade balance in favor of the
United States which was created by our
1 international trade In October Is found
* to be approximately $35,000,000. This does
r r.ot Include cotton, excepting the exports
1 from Galveston. When the cotton altua
B tion Is relieved and exports begin upon a
5 normal scale then our visible trade bal
3 aiice should increase heavily each month.
B A week or two before the war in Europe
begun the estimate was that the visible
r trade balance for the present calendar
* year would either be against us or so
* small that It would be hardly worth con
r Hidering. Now there are indications that
in the present fiscal year which ends v>n
B June $0. 1916. we shall have accumulated
_ a visible trade balance approximately h?
n largo as any w hich it hus been our rood
fortune to secure in recent years
Two Favorable Factor*
At the moment when our own people
are contemplating such increase m out
B international trade aa will be sura, 11
maintained, to restore fairly formal In
B ternatlonal financial conditions rher«
h comes a report from England thai: th<
B chancellor of the exchequer, Lloyd George
l„ speaking for the English treasury, hat
d pledged the government to take over oi
pc guarantee or finance $0 per cent ol’ the
10 loane made by Ijondon bonkers. This la
r in line with an intimation w hich was re
ceived from London several weeks ago el
n the time when the British treasury,
h through the chancellor of the exchequer,
- came to the relief of those who wanted
- marine insurance policies written and
also furnished other relief for the situa
tion. Then the intimation was that the
government would co-operate In financing
a largo part of the loans made by the
Krglish bankers and bill brokers.
With a demonstration officially made
of a balance of trade in favor of the
United States in the month of October of
33R,000,000, this announcement of the chan
cellor of the exchequer should greatly
facilitate tho work of co-operation which
Fir George Paish, representing the Eng
lish treasury, and the administration at
would represent an understanding for co
operation between the two nations.
Notwithstanding the great gain in ex*
porta and the feverish activity which
now characterises some of the large In
! fust rial plants, some complaint is heard
that there seems to be as yet no cniiaift
I crable revival of domestic business. But
j It la forgotten that the favorable results
| of our greatly Increased trad# with th«
belligerent and neutral nation# cannot
i exported to react upon domestic business
immediately
FATIMA the Turkish
Blend Cigarette is
the purest form in which
tobacco can be smoked,
and their flavor is
"Distinctively Individual?
{
i ■ .
1 ■
Washington, as well as financial leaders,
have undertaken with the view of loliev
ing the situation as far as possible.
The Washington authorities have been
watching the export movement with keen
Interest. It is the understanding in the
financial district here that they have
brought our October trade statistics to
the attention of Sir George Palsh. Cer
tainly the impression commonly prevail*:
In this city that the change in the sltu..
t1on bo far »h our foreign trade is con
cerned which began about the time Sit
George left England for the purpose of
holding conferences with the government
authorities and with the leaders of J
finance, may make it unnecessary for any j
definite agreement to he reached which !
■■■■II ~ . —— ..-■■■ I ..I I..I ———— 4
Clothing Above the Average
You are ready for your new suit or
, overcoat—or should he—and surely
you will not fail to look at our mag
j nificent line when you can do so
without placing yourself under any
h obligation to buy.
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