Birmingham state herald., December 21, 1895, Page 8, Image 8

About Birmingham state herald. (Birmingham, Ala.) 1895-1897

Image provided by: University of Alabama Libraries, Tuscaloosa, AL

                
REPORT OF COMMITTEES
To Provide fora Steel Plant in
Birmingham.
MR. WILSON’S RESOLUTIONS
Adopted to Appoint a Committee to Formu
late a Subscription List to Be Circu
V
lated Among the Citizens.
The manufacturing and real estate
committees of the Commercial club held
a joint meeting In the club rooms yester
day afternoon to further consider a steel
plant and to devise sofhe means for lo
cating one in Birmingham. Mr. Joseph
Beitman presided, and the following gen
tlemen were in attendance:
J. K. Beitman, president Powderly
Land company; J. K. McDonald, presi
dent Elyton Land company; R. H. Pear
son, president West End Land company;
Mayor J. A. VanHoose, Capt. W. H.
Graves, H. F. Wilson, W. B. Leedy, B.
Steiner, Maj. F. Y. Anderson, Koscoe
McConnell, S. E. Thompson, George
Wheelock, A. K. Shepard, Major McCoy,
Charles Ray, W. M. Nalls, L. Lazarus,
R. H. Thomas, Dr. W. B. Phillips, W. N.
Malone and A. C. Reckling.
Mr. Beitman called the committees to
order and stated that Secretary Thomp
son, who was familiar with the objects
of the meeting, W’ould explain them.
The secretary then read the report of
the manufacturing committee made at
the last meeting.
He said the club would have work
to do, and not devote all of Its time to
talking, if it wished to further the inter
ests of Birmingham. He said a steel
mil! would do more towards developing
the district than any other plant. He be
lleved a steel plant could be secured at
once if proper efforts were made.
Prof. W. B. Phillips was called on for
an expression with reference to the mak
ing of iron here. I-Ic said there was no
question of making steel in Birmingham.
He said it had been made here in 1888,
1889 and 189(1. Several large shipments
of basic iron, he said, had been made by
Birmingham furnaces to outside con
sumers—some to Pennsylvania, some to
Ohio and some to East St Louis.
He said the furnaces were making all
of the basic iron up to the guaranteed
grade; that there would be little trouble
in building a steel mill here. He said it
was useless for us to try to Induce out
siders to come here and build a steel
plant on our representations. We must
show our faith and subscribe liberally
to the capital stock, besides giving land.
He asked If the Commercial club or citi
zens of Birmingham would guarantee
1100,000 towards a mill. He expressed the
belief that if they would, a mill could be
secured for Birmingham.
In reply to a question asked by Mr.
George AVheelock, Professor Phillips said
steel could be made from Birmingham
iron, else why were northern steel manu
facturers buying so much of it from our
. owrriffc*? ±U said large shipments of
basic iron were ma'*«vyesterday, others
would be made today, and still others
would be made every fo>( davs --nifl
spring, as the contract runs'^or several
months. He said the greatest trouble In
making steel here would be In obtaining
enough scrap to mix with it.
Mayor VanHoose said the first question
to be answered is: "Can steel be made
successfully here?”
He had never until recently understood
why the Henderson mill had been unsuc
cessful. He had heard it was due to
financial troubles. He had learned lately
that the mill only turned out steel ingots,
it being the only one in the United States
that sold its product in ingot form. Ail
other mills made billets. He said he
didn’t see the necessity of discussing
why certain companies do not go into
the steel manufacturing business. We
can’t expect men now engaged in making
steel to come here, but rather we may ex
pect them to fight us. This was! our ex
perience in making pig iron. At first
we were opposed by pig iron manufac
turers of other sections, but finally they
had to recognize us, and then to purchase
our product. So we can't expect help
from old capitalists, but we must look to
younger blood. Carnegie once had little
or no credit. It is an open secret that
the manufacturers of the west and
throughout Pennsylvania were men un
der 60. They had the courage and the
perseverance to make a success of their
business. They began on a small scale
and built themselves up, and that is the
way to succeed.
He thought it should be made known
to the world that in this steel mill bus
iness that no axes were to be ground,
and that no particular spot had been se
lected on which to locate it. A short
telegram sent out a few days ago had
arrested the attention of a steel manu
facturer of Pittsburg. Pa., from whom
the mayor received a letter yesterday re
questing full details of the steel mill
plan.
He suggested that if the Commercial
club could interest some man of skill
and tact, together with a representative
of the club and one from the city of Bir
mingham, he believed something tangi
ble could be effected. He wanted an ab
solute demonstation that steel can be
made successfully here, and this done he
didn’t think the three men above alluded
to would experience any trouble In in
teresting outside capitalists. This ques
tion of getting up contributions of land,
he said, would lie a good thing, but at
present he thought a committee should
be appointed to investigate and ascer
tain what can be done in this direction.
It is a known fact that we have the
material here to make steel; that we are
making pig Iron cheaper than any other
district on the globe, and that Carnegie
is making steel from our pig iron. Let
us get up the proof and place it before
the people of the country by putting it
in the public Journals, even if we have
to pay for it.
Uapi. w. H. viraveu iuuuiocu
Mayor VanHoose and Dr. Phillips had
said. He thought if steel was ever made
here the beginning would necessarily be
on a small scale. He said for two years
steel wfas made at the Henderson plant
and sent to the Bessemer Rolling mills.
Where it was lolled. That steel was sold
to consumers just as fast as it could be
made. None of it was ever rejected.
Mr. Nalls, who was present, said he had
used Henderson steel In making boilers
and it gave better satisfaction than any
steel he had ever used. The Tennessee
Coal, Iron and Railroad company exper
imented for two months with the Hen
derson mill and they had been entirely
satisfied with it.
The Messrs. Rnslen, who own the Hen
derson plant, had "Informed Captain
Graves that Chicago parties would be
here at the close of the holidays to see
about starting it. They have had an
agent here for several weeks inspecting
the plant and prosecuting other investi
gations.
The North Birmingham I^and-Ctu** retry
had been asked te rfCaiate ten acres
of land “Hum the mill lot. A
rifleman here from Chicago had
informed him that by a pro
cess recently discovered the low sili
con Iron turned out at the Kloss furnace
could be converted into soft steel at a
cost of $1 per ton. He said with the
present plant 100 tons of Bteel could be
made daily.
Mr. H. F. Wilson offered the following
resolution:
Whereas, The establishment of a steel
plant in Birmingham will unquestiona
bly lead to greater activity in the indus
trial development of the city than is pos
sible to hope for from any other enter
prise, and will consequently tend to ad
vance the values of real estate in the
city; and
Whereas, It is believed that such a
plant should be operated in the inter
est of Birmingham to secure the largest
benefit to property holders and business
men of the city; and
Whereas, It Is further believed that
there is no good reason why such a plant;
cannot be secured, provided liberal sub
scriptions be made in real estate and
money; therefore be it
Resolved by the manufacturing and
real estate committees of the Commercial
club in joint meeting assembled, That a
sub-committee, consisting of three mem
bers from each of said committees, and
of whom the respective chairmen shall be
one, be appointed, to formulate a sub
scription list, setting forth the outline of
a company to be formed to build and op
erate a steel plant in this city, said sub
scription list to be circulated by said
sub-committee among the citizens of
Birmingham and immediate vicinity,
nsking for subscriptions in land to said
plant, the same to be valued by a disin
terested committee prior to the organiza
tion of the company, said committee to
be selected by the subscribers to said
plant.
The resolution was adopted.
Captain Graves moved the appoint
ment of a committee of three to confer
with the owners of the Jefferson (for
merly the Henderson) steel plant and see
what arrangements can be made with
them towards co-operation with the cit
izens, and report back to the club.
Mr. R. H. Pearson didn't think the mo
tion should prevail. He thought if the
policy outlined by the club a few days
ago were pursued it would be better to
leave the location of the plant, etc., with
the committee and the parties they may
interest. If they decide on the Jeffer
son plant he would be glad of it, as he
thought it a valuable property.
Mayor VanHoose suggested enlarg
ing the committee and instructing them
to confer with the Enslens. Mr. Cullom
of the Fort Payne Steel company and
Mr. AV. T. Underwood of the Mary Pratt
Furnace company.
Mr. Nalls of Crellen-Nalls. boiler mak
ers, Indorsed the movement to send a
committee to Chicago or elsewhere to
interest capitalists in a steel plant here.
He thought it the best move the club
could make. He said the steel made at
the old Henderson plant was the best
steel he had ever used. He said he had
three pieces of the steel left, which he
was wilting to put against any steel in
the world.
Captain Graves withdrew his motion.
A motion to adjourn prevailed.
The Result Reached.
The Tuskaloosa Gazette says:
"If there was ever a time in the his
tory of the democratic party when har
mony was needed, now is that time, but
we have some people who think the par
ty is made the stronger by chewing
itself up to the very caudal appendage,
and these people are not going to quiet
their clamor for an inter-party fight
until they find themselves in the same
condition that now confronts the puny
democratic minority in congress."
Children Cry for
Pitcher’s Castoria.
Pain’s fireworks stand, No.
15 N. 20th street, will have
the best line of fireworks in
the city. Don’t have any other
than their make.12-19-5i
KINO OF THE JUG TRADE.
A Thriving Industry That Is Sura of Con
tinued Activity.
"Ha. ha, ha! you and me!
Little brown Jug, how I love thee!”
So runs a Jolly old-time Bachanallan
song. But when Joel Faulkner of Ster
rett sings It he can do so without Incur
ring any Imputation upon his sobriety.
Yet there is no doubt about his partiality
for the Jug. for he is e Jug maker from
Jugtown. Sterrett is the jugtow'n, and
Mr. Faulkner has been making excellent
jugs from his superior quality of clay
that has abounded upon his place for
many years.
Away back In the early days of Bir
mingham he used to come to town oc
casionally with a wagon load of jugs.
This was when he needed something the
merchants had. He always found a
ready sale or bargain for his Jugs, and
gradually built up a steady trade. Thor
oughly honest !n his dealings and con
scientious in his little enterprise, he has
made it one of the most profitable, as
well as the most unique, of the Industries
of the Birmingham district. He now has
a jug factory, and gets more orders than
he can fill. He has drivert out all com
petition In Birmingham, and is master
of the trade in all the district. He gets
two car loads of Jugs to Birmingham
every month, and promises to increase
his output to accommodate his increas
ing orders. He undersells all competi
tors, the prices being 7 cents for gallon
jugs, 314 cents for half gallon and 14 cents
for two-gallon jugs. Liquor and drug
houses here take all he can make.
Sterrett is a small town on the Georgia
Central, in Shelby county, and many a
Christmas Jag has come from the "con
tints” of a Sterrett jug. There Is an over
whelming demand for them, especially
during the holidays, and the dry counties
esteem them highly. Rural citizens who
come in wagons to do a little “tradin'
agin Chris'mas inginully gits thur Jugs
filled,” as was remarked to a State Her
ald reporter yesterday.
scrofula
Any doctor will tell you
that Professor Hare, of
Jefferson Medical College,
Philadelphia, is one of the
highest authorities in the
world on the action of
drugs. In his last work,
speaking of the treatment
of scrofula, he says:
“It is hardly necessary to state that cod-liver
oil is the best remedy of all. The oil should
be given in emulsion, so prepared as to be
palatable.”
He also says that the
hypophosphites should be
combined with the oil.
Scott’s Emulsion of cod
liver oil.with hypophos
phites, is precisely such a
preparation.
D. B. Luster,
The lQtti Street
PRACTICAL SHOEMAKER,
2l^ 19th Street,
Has added a general line of FACTORY
MADE SHOES to his custom department.
' 10-12-2m
One complaint
I | LETTERS | that we heard of was from a
| ■ woman who said that Pearline
/A—» hurt her hands! We knew
\ that this couldn't be. But we
[ii/jb \ looked into the matter, and found
that she was using one of the
f J poorest and most dangerous of bar
/ soaps with her Pearline. When we
/ induced her to use Pearline alone,
without this soap, everything was lovely. ■>»
Use no soap, when you do any wash
i ing or cleaning with Pearline. It’s
wrIf 1 \ needless, and more expensive—and it
V U \ ' may do harm. «b H
M//ti£%3Pear/ine
“HE THAT WORKS EASILY, WORKS
SUCCESSFULLY.” CLEAN HOUSE WITH
SAPOLIO
CHEAP CHRISTMAS GOODS!
Matchless Toys ! Beautiful Dolls 1 Interesting Games ! Hand
some Books!
Birmingham’s Holiday Quarters!
Have just received #20,000 worth of Holiday goods which must be dispos
ed of before Jan. 1. Largest assortment of Christmas presents in tha south.
25 dozen large fancy horns.$ 5
17 dozen 10c Jack in boxes. 3
72 dozen 10c painted vases. 5
27 dozen decorated china cups and sau
cers. 15
50 dozen 25c tin toys. 9
3G dozen beautiful china tea sets. 9
92 dozen large china dolls. 9
24 dozen 25c painted carts. 12
12 dozen $1.50 steel axle wood wagons.. 99
10 dozen good size velocipedes. 1 98
100 dozen dolls, long flowing hair.$ 23
13 dozen 10c bellow toys. 3
350 dozen large Christmas candles,
dozen. 9
24 dozen assorted colored doll babies... 33
36 dozen doll furniture. 10
45 dozen assorted 10c games. 6
72 dozen fancy 10c cap pistols. 6
17 dozen 10c picture books. 6
41 dozen 50c red chairs. 23
12 dozen $2 hobby horses. 1 25
□uiiu cur iohu ui Diuyciea, xricycieo, v uiuuipeues, iron wagons, w neei .narrows.
Handy Wagons, Hobby Horses, Rocking Horses, Chairs, Toy Furniture, Desks, Tool
Chests, Black Boards, Drums, Sewing Tables, Doll Buggies, etc. Mountains of Toys
and Dolls; large assortment Sewing, Manicure, Shaving and Smoking Sets; beautiful
display rich cut glass and Havllanu dinner sets; handsome line Dresden, French and
Japanese Cups and Saucers; William Rogers’ 1S47 Orange, Salad, Soup, After Dinner,
etc., sets in plush cases at reduced prices. Big stock Japanese and Art Goods. Grand
assortment of Lamps. Come and bring the children to see our astonishing bargains
and Santa Claus.
JOHN W. O’NEILL CO.
“THE FAIR”
2020 SECOND AVENUE AND 2021-23 THIRD AVENUE.
«©~Speeial Prices to Merchants.
The Everett Piano.
The Only Piano receiving the Highest Award at the
Cotton States and International Exposition. On exhibi
tion at our Piano Warerooms. Call and see them before
making your purchases.
SOUTHERN MUSIC COMPANY,
12-8-tne-thn-sat 2°8 and 2io North Twenty-first Street.
GROSS SURPLUS DEC. 31, 1894...
Equitable.. .$37,4.81,069
Mutual. 22,729,570
New York. 21,576,751
Northwestern. 14,100,876
Mutual Benefit. 3,862,742
Connecticut Mutual. 7,763,270
■w Etna. 6,859,919
Penn Mutual. 2,334,600
Prov. Life and Trust. 3,305,334
New England Mutual 2,049,607
RATIO OF ASSETS TO LIABILITIES
DECEMBER 31, 1894.
Per cent.
Equitable.125.40
Mutual. 112.55
New York. 115.30 “
11 ■ Northwestern. 123.83 —
Mutual Benefit. 107.46
Connecticut Mutual. 114.25
Etna. 119.55
Penn Mutual. 110.34
Prov. Life and Trust. 113.93
New England Mutual.... 109.23
RATIO OF SURPLUS TO LIABILITIES
DECEMBER 31, 1894.
Per cent.
Equitable—..25.40
Mutual.. . 12.55
““ New York. 15.30 *■"
__ Northwestern. 23.83 __
Mutual Benefit. 7.46
Connecticut Mutual. 14.25
Etna. 19.55
Penn Mutual. 10.34
Prov. Life and Trust. 13.93
New England Mutual. 9.23
———- .
ASSURANCE IN FORCE DECEMBER
31, 1894.
Equitable.,$913,556,733
Mutual. 854,710,761
— New York. 813,294,160 —
_ Northwestern . 340,697,569 __
Mutual Benefit .... 209,369,528
Connecticut Mutual 156,686,871
Etna . 135,907,796
Penn Mutual . 126,537,075
Prov.Llfe and Trust 103,671,924
New England Mutual 93,868,387
INCOME SAVED FOR INVESTMENT
IN 1894.
Equitable.. .$16,243,243
Mutual . 14,877,638
- New York . 12,343,884 —
„ Northwestern . 8,785,132
Mutual Benefit . 2,192,565
Connecticut Mutual.. 620,199
Etna . 1,689,380
Penn Mutual . 2,098,393
Prov. Life and Trust. 2,191,993
New England Mutual 769,743
INCREASE IN ASSETS IN 10 YEARS,
1885-’94.
Equitable. .$127,173,189
Mutual. 100,194,322
“ New York. 103,551,792
mm Northwestern. 50,750,484
Mutual Benefit. 17,049,069
Connecticut Mutual. 8,801,432
Etna. 12,219,441
Penn Mutual. 15.251,383
Prov.Llfe and Trust 17,891,773
'Jew England Mutual 7,172,342
SURPLUS EARNED IN 1894.
Equitable_$8,181,068
Mutual. 8,010,801
New York. 6,209,629
Northwestern. 4,003,745
Mutual Benefit. 1,933.648
Connecticut Mutual.. 1,816,234
Etna. 1,165,678
Penn Mutual. 1,008,160
Prov. Life and Trust. 1,142,404
New England Mutual 863,662
CASH DIVIDENDS PAID IN 1894. j
Equitable_$2,139,735
Mutual. 1,308,345
New York. 1,681,755
Northwesern. 1,261,325
Mutual Benefit. 1,674,264
Connecticut Mutual.. 1,265,415
Etna. 806,853
Penn Mutual. 750.281
Prov. Life and Trust. 644.082
Hew England Mutual 630,5SS
The Best of All
In All Things at All Times.
There are many GOOD life insurance companies, but among
them all there must be one BEST. THE BEST is THE EQUIT
ABLE. If you wish to know why, send for: i, the report of the
Superintendent of Insurance for the State of New York on the ex
amination of The Equitable; 2, for actual results of maturing poli
cies; 3, for statement of death claims paid in 1894. Then you will
know the three great reasons of The Equitable’s supremacy: 1st,
its financial stability; 2d, its great profits and advantages to living
policy-holders; 3d, the promptness of its payments and liberality
of its settlements.
The Equitable Life Assurance Society
JAS. W. ALEXANDER, Vice-President x ' OF THE UNITED STATES. H. B. HYDE, President
Alabama Department—Clark & Jackson, Managers.
L. D. Burdette, Cashier.
OFFICES—2021 First Avenue, Southern Club Building, Birmingham,* Ala.
Assets, $185,044,310.06. Surplus, $37,479,802.85.
INCREASE IN SURPLUS IN 10
YEARS, 1885-’94.
Equitable... $27,017,995
Mutual. 16,662,664
New York. 14,883,707
Northwestern. 10,693.993
Mutual Benefit. 722,365
Connecticut Mutual. 3,553,853
Etna. 1,890,053
Penn Mutual. 1,052,549
Prov.Life and Trust.. 1,761,370
New England Mutual —453,790
(Decrease.)
IN UKASE IN ASSURANCE IN FORCE
IN 19 YEARS, 1885-’94.
Equitable.. $604,147,502
Mutual. 502,921,476
New York. 583,911,574
Northwestern. 241,903,587
Mutual Hone-fit. 73,525,985
Connecticut Mutual 4,456,186
Etna. 51,244,205
Penn Mutual. 82,557,215
Prcv. Life and Trust 61,9S0,155
'Jew England Mutual 31,239,591
_!_!_
INCLOSE IN PREMIUM INCOME
IN TEN YEARS, 1885-94.
Equitable...$24,007,601
'Mutual. 22,272,903 _
New York. 18,452,023
Northwestern. 9,381,890 “
Mutual Benefit. 3,278,187
Connecticut Mutual. —29,465
(Decrease.)
Etna. 2,145,024
Penn Mutual. 3,564,967
Prov. Life and Trust 2,609,757
New England Mutual 1,075,849
INCREASE IN INTEREST INCOME
IN TEN YEARS, 1885-94.
__ Equitable — $4,658,645
Mutual. 3,882,786
New York. 4,176,360
Northwestern. 2,215,320
Mutual Benefit. 991,896
Connecticut Mutual... 431,179
Etna. 534,458
Penn Mutual. 692,894
Prov. Life and Trust.. 851,761
New England Mutual 281,648
— —
■_ ..
— -
— -
*, v :, . d£ ^XX-^■sZ s3&
■ „...J
- •
1 1_
SURPLUS EARNED IN TEN YEARS,
1885-’94.
Equitable . .$46,259,509
- Mutual. 41,384.129
— New York. 33,993,408
Northwesern. 21,098,950
Mutual Benefit. 14,798,901
Connecticut Mutual. 15,502,406
Etna. 8,266,010
Penn Mutual. 6,843,644
Prov. Life and Trust 6,527,221
New England Mutual 4,904,633
» . _