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COPPER MAGNATES [■ CAN SMILE AT THE j ADVANCING PRICES How Connecticut Became Center of Copper Manu facturing in the U. S. / GREAT CAPACITY FOR INVESTMENT Vanderbilts* Hundred Millions of Bonds Mark New York Central's b* Greatest Single Finan cial Transaction By HOLLAND New York, May 3.—(Special.)—Leopold Frederick, financial adviser of the Gug genheims and familiar with the copper properties in Chile which the Guggen heim* are developing upon a very large scale, thought that he would not be far out of the way in asserting, some months ago, shortly before the European war began, that this Chile copper could be smelted and made marketable at a price considerably less than was de manded for the lowest price of Amer ican copper. If Mr. Frederick were cor rect In tk<s view then he and those as sociated with him must look upon re cent quotations for copper with content f*nd probably with the hope that the ^demand, which comes from other parts of the world to the United Stales for ncopper will long be continued. It may be that in view of the extraordi narily high price quoted for copper in vestors will be persuaded to develop many «of the smaller mines of the United States. At the time when there was an attempt to comer copper a demonstrayon was made that the metal existed in such abun dance in the United States as to make it tim practicable permanently to corner the kmarket. Investors and prospectors were 'looking with curious, inquiring eyes upon copper properties which years ago were worked in Connecticut, in New Jersey l and in other parts of the country. A a Jong maintained high price for copper and the presumption that these prices would » be continued until after the reconstruction | period in Europe had passed would un doubtedly lead to the development of copper mining Industry in places where I heretofore it has not been profitable to work the mines. The high quotations recently reported as having been obtained for the stocks of various corporations whose product is brass, and whose manufacturing plants are in the valley of the Housatonio and the Naugatuck bring to mind the sur mise which prevails all over the coun try that this chief center of the brass manufacturing industry of the United Btatec owes its origin and development to the fact that at one time a copper mine in northern Connecticut was per haps the chief source of supply in this f country for the metal. This surmise, however, is not accurate. Those who | instituted and who have carried on the I brass Industry in that section so that it is now the greatest brass manufactur ing community In the United States never relied upon Connecticut copper. They went at first to Baltimore, where the largest copper smelting plants in the United States were at one time estab lished. They were probably the first ' American manufacturers to make use of i the pool. They were also the first to \ unite in agreement upon the price they would pay for copper, and they did this, ! although they were already in intense! competition. At that time it was not ; unlawful so to act and if it had been in j all probability the Connecticut brass in dustry, which is now one of the greatestj in the United States, would not have! been developed to its present great pro- j portions A Great Investment Capacity Ex-Senator Depew. who has been^fa-j miliar with the details of all of the great financing transactions with which the Vanderbilt railroad systems have been as sociated. and who probably is the only one now living who can speak from personal knowledge of that sensational transaction by means of which William H. Vanderbilt by the aid of J. P. Morgan, sold nearly $30,000,000 of New York stocks to men of capital of London, now speaks of the recent transaction by means of which the Vanderbilts have been able to secure authority for an issue of bonds aggregating $100,000,000 and the speedy marketing of these bonds as being from many points of view the most important, as it certainly was the greatest single financial transaction with which the New York Central company has in the past been identified. Others have spoken as Senator Depew had done respecting this transaction. Not withstanding its magnitude it was al most instantly absorbed so that there re mained only 5 per cent of the entire is sue for distribution among members of the syndicate. The success of the trans action is in no small measure due to the labor and skill which characterized the relation of Thomas W. Lament to it. He was obliged to explain to the public service commissioners not’ only of New York, but of Ohio, the purpose which was behind the proposed issue. His ex planations were followed by critical ques tioning of him. Then there came the ap proval of these public service bodies. But in addition to this realty monu mental piece of financing it was found not only possible but easy at the same time to market an issue of $40,000,000 of notes of the Baltimore and Ohio Railroad company at an Interest rate of 4V6 per cent. These two transactions are spoken of as visible demonstrations of the fact that these are better days for the rail road corporations than were those in any recent calendar year. Furthermore, the success of these transactions indirectly, but none the less effectively, emphasizes the gradual but certain return to busi ness confidence, and, therefore, business prosperity. A Fifty Million Dollar Exhibition Dr. Eben E. Olcott, formerly president of the American Association of Civil Engineers, in which profession he achieved greatly not only in the United States, but in South America, returned yesterday from a visit the Pacific coast and to the San Francisco exposi tion. Dr. Olcott is familiar with great expositions. He was chief among the or ganizers of the Hudson-Fulton ceremony in New York city and ho has visited every national exposition since the Philadelphia centennial, sometimes in his professional character. He is persuaded that the San Fran cisco exposition will, unlike some of the others that have been held, react instantly and favorably upon the com mercial and industrial development of the Pacific coast. Philadelphia, Buffalo and Chicago were a long time recovering from the stagnation which followed their great expositions. But the San Francisco exposition. Dr. Olcott says, is already stimulating commerce and industry upon ARE THE I ‘OLSU TWINS On Your Table? i . They Should Be fy* For Perfect Bread for All Occasions, Eat (i HOLSUM \ * For Quick, Delicious and Inexpensive Desert, Eat HOLSUM CAKE | Highland Bakery r - Barbecue M Every Day Right at Your Door } \ The right kind, cooked right and served right. You owe it to yourself to come on down and v lunch where your - money buys more. Tables for ladies. We solicit family trade. Matthews’ Barbecue & Delicatessen Cor. Morris Ave. and 20th St., Opp. L. & N., Telephone M. 4786 TENNESSEE CO. GETS: I Atlantic Coast Line Buys Rails for Relaying Purposes The executive offices of the Tennessee Coal, Iron and Railroad company an nounce the receipt of an order for 0000 tons of rails from the Atlantic Coast Line railroad. The order ha*s been pend ing only a few weeks and was secured by the Birmingham company yesterday. It is presumed that the rails will be used for relaying purpose on the Coast IJne. The rails are for future delivery, v The operations at Ensley, it is stated, are very good and there is no reason at this time of a reduction in opera tions. The Tennessee Coal. Iron and Railroad company. It was stated, could not con firm a report that has been circulated that Alice furnace was to he placed In blast at any Immediate period. That op eration has been closed for some months. The officials are very quick to admit a very marked Improvement in the iron market, but it is stated there are no plans at this time for the operation of any idle furnaces. The* company has four furnaces in operation at Ensley and the usual number at Bessemer. GREENVILLE Greenville, May 3.—(Speclftl.l—Oapt. C. E. Hamrick, a veteran member of the Greenville police department, died at ills home here this morning shortly alter mid night. He was a member of Honor lodge, No. 21, of Knights of Pythias, and held an office in that lodge. Mr. Hamrick Is survived by two sisters. Mrs. Smith and Mrs. Brown; one brother, Dock Hamrick of Montgomery, and one son. George W. Hamrick of Greenville. Funeral services will be held this afternoon and interment will be made at Magnolia cemetery. The services will he conducted by Rev. H. 4'. Glenn of the Methodist church. Burglars entered the store of Huff A. Co. and Adams & Black last night. About $160 worth of merchandise was taken from the store of Huff A Co. and something less than that amount was taken from the store of Adams A Black A tick eradication meet was held Sat urday at the Butler county courthouse. J. E. Helms was made chairman of the meeting and Mr. F. YY. Stanley was made secretary. the Pacific coast. As a spectacle and a vivid representation of what may lie done in the way of architecture, elabo rate and magnificent designs, sculpture and every phase of the arts, the exposi tion far surpasses. In Dr. Olcotts opin ion, any other that has been held. On excellent authority he learned -that the cost of establishing and operating the exposition is not far from $50,000,000, and it has apparently been already assured that this large sum has been well and for the nation at largo profitably in vested TUSCALOOSA Tuscaloosa, May 3.—(’Special.)—With practically the entire membership present the recess committee of the legislature on judiciary reform convened here this morning. Many members of the Tusca loosa Bar association will appear before the committee during their stay here. At the suggestion of the committee a num ber of lawyers and jurists from every county in the sixth district liriH come to Tuscaloosa and also testify before the committee. The committee will remain In session here two days, returning to Bir mingham Wednesday. * The first boat to make the trip from New' York to Tuscaloosa arrived here yesterday. Lt is the yacht ••Gerhilde,” owned by Frank Henderson, of Mobile. The boat will remain here and take part in the celebration marking the completion of Lock 17, May 13* and will transport a party of prominent Mobile citizens up the river that day. The graduating exercises of the seventh grade pupils of IViscaloosa county will be held here May 22. State Superintendent of Education W. F. Feagin will be here and address the students. The exercises wrill be held In the courthouse and about 75 will receive certificates admitting them to the High school. Miss May Newton and J. D. Leapard were married yesterday morning at the home of the bride’s mother, Dr. L. O. Dawson performing the ceremony. The bride is the daughter of the late Herbert and Mrs. Newton, and is a young woman of much personal charm. She was born and reared in Tuscaloosa. Mr. Leapard came to this city several years ago from Bessemer and holds a responsible position with the Southern Bell Telephone com pany. After a short trip they wrtll be !at home with the bride's mother on Seventh street. The death of James David Hughes oc curred yesterday at his home in this county. Mr. Hughes was 39 years of age and is survived by his wife and several brothers Hnd sisters. Henry T. and An drew J. Hughes, Mrs. J. H. Skinner and Mrs. J. D. 81ms of McCalla, Miss Sarah Hughes and Mrs. E. A. Mohr of Coaling. He is also survived by his father, W. G. Hughes, a well known Confederate vet eran, and citizen of Tuscaloosa county. The Interment took place today. Mrs. W. L. Murdock of Birmingham will lecture on "Child Labor" before the mem bers of tlie Up-to-Date and (Quaker clubs Wednesday afternoon at 4 o’clock, at the home of Mrs. Alston Kitts. Several boats today passed through Lock 17 for the first time. The gates were operated by hand, taking some time for the vessels to pass through. This was not considered as a formal opening, which wdll take place on May 13. GIVEN HEARING ON CHARGE OF PERJURY Corrado Rose, a young Italian, w'as given a hearing yesterday afternoon be fore Judge W. C. Hickman of the court of common pleas on a charge of perjury. About a week ago Rose procured a mar riage license in whioh he sjvore his In tended bride was 13 years <?f age. The parenlB of the girl arrived just after the marriage and tooV he girl In charge. At the hearing yesterday the girl’s motner testified that she was only 15 years of age. The defendant claims to have been informed that the girl was of age and on such information procured ti e marriage license. Judge Hickman withheld his de cision until today. A. T. Sunur al CaNeen’s A. T. Sumner, Win va, rain tjer of the white goods, liner, suid I iold goods departments of ijiu 8t» ele-l mith Dry Goods company, la row in . h . gg of simi lar departments al Cabsan Twenty-Ninth Birthday of German-American Organ ization Celebrated A most successful affair was the cele bration of the twenty-ninth anniver sary of the Concordia society, the oldest rerman-American organization in the. ! ?tate, which was held last night a» iheir hall on Tenth street nnd Avenue H. Attending the festivities wore rep resentative citizens from Cullman. VIontgomery, Mobile and other parts >f the state and a large crowd of Teu tons from the Birmingham district. A fine programme was rendered which included patriotic addresses, assem bly singing, nationakairs. instrumental selections and other features. A fine luncheon was served which included delicacies that are dear to the heart am. appetite of the German people and their friends. The exercises closed with a dance which was indulged in until n late hour. The affair was u big success and many Americans were present who en joyed the generous hospitality of their hosts. The Concordia society is com posed of many of the leading citizens bf Birmingham who are of German de scent and who are active in the civic affairs and the upbuilding of their id op ted home. LETTERS TO EDITOR Be Fair to Jitneys To the Editor of The Age-Horaid. Your Sunday morning paper contains an Interesting cartoon, pertaining to aU certising, which conveys a truthful idea regarding the results of advertising There can he no doubt about the results if advertising in a good paper well dis played. That it pays to advertise is brought nut In various ways through the press. There is a page advertisement in one of the Bir mingham papers regarding "fair competi tion" between the "jitney" and the "Bir mingham Railway. Eight and Bower com pany." it is doubtless a paying proposi tion to a paper with wide circulation to publish a page of gdvertislng matter for Finy concern at a good rate per inch. Such patronage is well worth showing appreciation for—even if you have to show in a gentle way partiality to the concern in trouble. This can he done without the least idea of crealing In the minds of the people that a paper who is fortunate to get the business from a concern would lend a helping hand, in a sly way, to the corporation seeking to stamp out legiti mate competition, that they may. from now on, as in the past, hold a mighty sword over the patrons of Birmingham forcing them to bow down to them, and he devoured gradually from high electric current cost, and gas bills, such as we are now facing. The time has come when corporations realize that the voice of the people is mightier than the sword, so cunningly wielded heretofore by corporations, who seek to master things to suit their own pocketbooks, without regarding the wel fare and Interest of patrons who are re sponsible for, their existence. The paper referred to said that the jitney subject bad been discussed at length, and now is the time for action. Eets see If they dis cuss it longer, or if this corporatfon ceases the articles numerically displayed, and systematically thought out to sway the minds of patrons of both the Birmingham Railway. I-aghl and Power company and Ihe "Jitney bus." They ask If such com petition is fair? I ask them If it is fair to ieprlve these Jitneys the use of the same thoroughfare, that they have carefully selected upon which to build their car racks, that, they may conveniently pack Ihelr cars from the crowded people on the streets, and haul them home for a dls iance of ftgmi one to five.miles packed and lammed In the car, hanging on the straps. Pumping Into each other, and becoming weary from standing—all for the wont ot i seat on a street car? Is this fair to the patrons? Eet’s get to facts in this problem soon to be solved. We are told that when a street car Is tilled to its seating capacity llie car Is paying dividends on the. money Invested. How many more people ride s edr, or did ride them in Birmingham who did not get seats for which they paid, than are crowded into a Jitney? The litney does not keep you standing as long on the same trip, and so far l have not observed any mure danger from the jitney than the street car. In fact, there has not been a law suit yet, so far as I can learn, suing the Jitney for damages for carrying you by the. station, Insulting you while riding on them, etc., but the courts are full of damage suits of every nature against the Birmingham Railway. Eight and Power company, some fair and some unfair, but every little damage is paid in suits won, and an honest suit Is fought by the Birmingham Railway, Eight and Power company with as much vim as a dishonest suit, therefore the common carrier protection Is worth very little to the common people, who cannot follow the suits through the courts as they are 0 GET SAMPLE EVERY Tin go ey It Is There for You, Free, and Will Convince You if You Doubt Nature's greatest draught for the ailing, a teaspoonfu] of Vitalitas in a half glass of water la being served dally at the demonstration in progress In this city, ftl&ke It a point to go In and have a sample glass of Vlta.1 Itas every time you pass the Averyt Drug Store, 109-111 20th st„ and you will feel benefited thereby. The man or woman who Buffets from dyspepsia or Ita train of ills; «ho lias rheumatism; who is debili tated or afflicted with Ills generally of stomach, liver, kidneys, bowels or blood, should lose no time in testing Vitalitas. In chronic cases of long standing that have defied other medical treat ments Vltalltae la oftlmes quickly ef fective. It la wholly a natural medicine, is pure and free of hurtful Ingredients, end Is not unpleasant. None of the most beneficial mineral waters known compare with Vitalitas as a corrective and tonic. You can ieatn much of Interest about this re markable product at the'demonstratlon and can secure a booklet giving the history of Vitalitas. Thousands of sufferers are dally finding new hcajtli and strength In lta use. To investigate Vitalitas is to become convinced. Visit the demonstration at Averyt’a Drug ftore, 100-111 20th st., or write there for particulars. Also for sale by vag i’am-F^iloa Drug Co. Bessemer. Ala. AN AFTERTHOUGHT We Always “De j You have been kind enough to favor us with your 1 * ^ 11 1 ^ patronage today. We appreciate this favor and ll\GF lllG ijOOClS desire only that you shall be perfectly satisfied. . n If for any reason you are not satisfied with any ____ A 11 \Aj n \JC article in this package we ask that you return the l\ll M Cl J u same and the matter will be adjusted to your eu- Th ( , b j { Q„ pack. tire satisfaction or your money refunded. ... agre we deliver. It sums Porter Clothing Co. sl°thing' up in a few brief words Birmingham, Ala. Hats ' the principles on which we do 1922-1924 First Avenue Furnishings. business. Principles that pro „ ' teot you and hold us to strict ac —----countability for each and every Address__ transaction. _______ It's a sign of utmost service. The Porter Pncknae l.nbel Don’t “count sheep”—wear Porter Pajamas Don't ‘'count sheep"—wear Porter Pajamas. Cool, comfortable, sleep wooing garments for hot summer nights. Here in a choice variety of skin-soothing fabrics—correctly cut and beautifully tailored—and sensibly priced. Mull, Madras, Crepe, Silk, Mercer ized and other good materials $1.50 T0 $10 SDIT Everything Men and Boys Wear Nightshirts _ TT B/B M/N GHAM, A^-A. ^ UC V/ P 1922-1924 First Ave. In the Heart of Birmingham appealed from time to time. Be fair, It* it for the interest of the people that so much discussion should come forth? \N hen the Alabama Power company ex tended their wires to the city of Birming ham the people all shouted “hurrah” for the,appearance of competition. Did we get it? Before we could think it over the Birmingham Railway. Bight and Power I'ompany had their current cornered. Will they tel! the public in one of their articles just how much cheaper they are buying this current than it '‘ost. them to make it? They may say “this is our business.” Well, It is. but how much less are the light bills of the patrons now than when they made their own current? They will say that the current rate was re duced. Maybe so, but gentle reader, look over your bill, and tell me If your reduc t ion is in proportion to the difference In j cost of the power they now use, and the ! power they made? Is this fair? 1 have no grudge against these people— only censure them for hollowing “calf rope” to the commissioners, and the pub lic, instead of meeting competition, fair, nr unfair, just as any other business firm meets it, when another fellow begins to get his business by his own Schemes. Ff all business firms would seek protection from other sources than competition ev erytime they are bested they would not have the respect of the public. Would they? So 1 say. gentle reader, what has become of that cheap current and competition we were to have? It has been “gobbled up” 'by these people just as they are trying to monopolize the streets, and patronage of Birmingham. Why should certain streets be desig nated for Jitney transportation, if they are to be heavily taxed? Why should ( they not have the use of any street thej same as any other cab, taxi, or street car? Is it fair to say “we pay exhorbltant taxes, and do not get a square deal” when the corporation has existed here for years, without, being molested? Did they treat the Tidewater people like they want to be treated. Be fair. The Birmingham Railway. Bight and Power company may have paved the streets between and near their tracks, but wrfo paved the other two-thirds of the tracks? The people, a majority of whom patronize the jitney. If the capacity of n jitney is to be lim ited by law, why not limit the capacity of the street cars? If the jitney Is not fair, let the commissioners call an election, and see if they can be voted out, or If stringent regulation, such as is being sought, will be indorsed at the polls The people who elect are going to see just what the commission will do toward making the Jitney a fixture for their ben efit and convenience. The jitney, many of them, make no more trips per day than some of the privately owned cars. Bo why bond them, tax them to death and throw such hardships around them as to smother out a convenience which the citizens so much appreciate, and patronize? Yours for fair play, W. J. HARMON. Birmingham. May 2, 191n. No. 10<16 South Twenty-eight street. only a moderate tax ran he placed on the jitney. The jitney bus is said to be taking a considerable amount of busi ness from the electric street cars. HAMLIN FINDS A SOUND SPIRIT OF OPTIMISM ON COAST | Washington. May 3. A sound spirit I of optimism, based on generally Im proved conditions in financial and in ' dustrial operations exists throughout the United .Stales, according to U. S Hamlin, governor of the federal re serve board, who returned to Washing ton today from a five weeks' trip to the Pacific coast. Mr. Hamlin said he found business men and bankers well pleased with the | federal reserve system. Everywhere he i went he said the belief prevailed that a new era of prosperity was at hand. SAYS LAST OPERA SEASON A SUCCESS New York. May 3. Giulio Gattl Casazza, general manager of the Metro politan Opera company, issued a state ment tonight in which he declared that the Reason just1 ended. though con fronted at the outset with many dif ficulties and with an unpromising out look, had been a subcess. The courageous spirit of the fllrec tors, who assumed the entire responsi bility for what seemed to be a risky undertaking; the loyalty of the public, despite the general financial deression, and the good will and zeal of every one connected with the organisation, Mr. Gatti-Oasazza said, were responsible for j the good result.. He announced the re-1 engagement of all the prominent artist* In this season's company. New engagements for next season in clude: Maria Barrientos, a Spanish col oratura soprano; Edith Mison, h young American lyric soprano; Helen War rum. a lyric soprano, also n young American. Julia Heinrich, soprano for the Hamburg opera Giuseppe Di Luca well known as first baritone of the Scala. Milan; and Henri Scott, Ainerl ran basso, recently a leading member of the Chicago Grand Opera oortipany. I You hivt to tfo toms time hut you do Mt hate to go that way; because Lung-Vita Conquers Consumption Btronf word*, those; but they mean just what they ear. If you bate consumption, nsthiua. weak lung*, or any other throat or lung trou ble, don’t welt till It la too lafi*. Begin the Luny-VIt* treatment te-day. Your rinigpUt has It Wade by Nashville M ad to In e Co., Naahvllla, Tann. 'i i 41Supplied b> Birmingham Jobbers. 2 MORE SUITS FILED FOB FALL OF WALL |j Two mor* suits were filed in the .circuit court yesterday In which dam ages were claimed for alleged personal Injuries sustained when the wall of the Steele-Smlth building fell in. Both are directed against the owner of the build ing, Mrs Lucy P. Hudgins. Miss Nellie Devine, cashier of the Atlantic and Pa cific Tea company, has filed suit against Mrs. Hudgins in which she claims $10, 000 damages. Permanent injuries are al leged in th$ compIafnT. .James P. Har- - din. also an employe of the tea com pany. claims of Mrs. Hudgins $5000 damages for alleged personal injuries < received in the same accident. Both suits were filed by Attorneys Gaston & Dren- . I lien. * — ■ —-■ ■■ Coburn's Commission Withdrawn The commission of J. YV. Coburn, notary public and ex-officio justice of the peace, ham* been recal/ed by Gov. Charles Hen derson,. according to a letter from the sec retary Ad’ the governor, received yesterday by Solicitor Hugo L. Black. Justice Co burn resitted In the western part of the county in beat 50. The grand jury re cently filed a Hi 11 of information with Judge VY K.vKort, recommending his im peachment. , DECATUR Decatur, May 8.—(Special. *—A large crowd wont on the Tennessee river ex cursion yesterday on the steamer American to lA>ck A at Muscle Shoals, down the river from Decatur. The trip Is a most beautiful one anil the day be ing ideal the excursionists enjoyed the trip greatly. A large delegation of people will visit Florence and Sheffield, from the Decturs. on May 10, 11 and 12, and will go with the Senate committee, the Sec retary of War and the chief engineer of the United Stales government on their inspection of Muscle Shoals. Much Interest is being manifested by the citizens of the Decaturs and this section of the slate over the visit of the prominent men of the government The devolpment of navigation and the development of the water power of Muscle Shoals In the Tennessee river Will mean much for the Deeatura and all this section. On account of this power development which Is going to come In the very near future, there are many Inquiries already concerning manufac turing sites in this locality. The Decaturs are In close proximity to timber, coal. Iron, spar and other raw materials. With cheap power, which will come with the development of the power at Muscle Shoals, there will not be a better manufacturlng cen ter in tho south than will be the two Deeatura John Hurst, one of the proprietors of tlie Home Steam laundry, who wan seriously Injured in a collision between his motorcycle truck and an electric atreet car last Saturday night, is rest ing as well aa could be expected and It Is now thought that he may recover. The board of county commissioners Is In session at the coubt ycourthouae here today. They are allowing claims against the county and attending to the general routine business. The jitney bus Is becoming very popu lar In the two Decaturs. Several of these busses are In operation and are doing a good business. A movement was started to place on these busspi a heavy license, but the matter has been up several times before the city council of Decatur and New Decatur and law yers have investigated the law and It seems at thta Urns that under the law Southern Housewives Skilled—as few others—in the cooking art, I appreciate the delightful qualities of Post Toasties | i Corn—prepared in various forms and ways —has ever been a favorite Southern food. In making Post Toasties—the Superior Corn Flakes—the choicest portions of the kernels*of selected white Indian Corn are processed into a wonderfully, crisp and tasty food—nourishing and satisfying— morning, noon or night. Toasties come FRESH-SEALED, triply protected in moisture-proof, germ-proof packages—ready to serve. Skilful cooks appreciate Post Toasties Sold by'Grocers everywhere. i