South Bend News-Times, Volume 34, Number 98, South Bend, St. Joseph County, 8 April 1917 — Page 7
?l".n.Y, AI'KIL n, ii7. Real Estate Building Industrial r t f rn.
THE SOUTH BEND NEWS-TIMES
APRIL LIKELY TG
SET NEW RECORD
Real Estate Transfers During Past Week Are 100 Percent Higher.
Real e: t;ite activities durin-,' .March Nrokf all r.-conls, 5 2 .;.:: 1 :1 -worth of buMiie--? 1 -i t 1 j-t transacted, but (rum the inl i at ions of the first week of April, this month's business v. '.11 go con.-ideraMy heyoud that record. On- hundred and twenty-live transfers were recorded last week, one of the largest, if not the larKst. number ever recorded here in any one v.eek. The business for the hrst w of April exceeded by more than a 10' percent that of the preceding week, when only "' transfers were recorded. nly a small percentage of the transfers wer; county property but several f f the larger transfers were in ihe county. The most important transfer of the week was of 217 arres of land near Rum village, which passed from the hands of members of the Riley and Innes family to th Itum Itealty Co. The ompany. which was incorporated luring the week for cloimc real estate business, is controlled of the p.irties -who originally owned the land. The transfer apparently means that a new subdivision Is to ! opened up near Hum village, although there was no definite announcement to this effect. The realty company was incorporated for sei. uher large transfers during the week was that of Madison township trad which 'Joseph (Jeltz and wife sold to Joseph flerher for a consideration of 110,000. The latter was also party to a sale of bind in Madison township which w.ih purchased by Albert Schulz for ll,0"i. A tract in I'nion township wa purchased by Martin J. Schlarb from Maria Irose for $11,500. New l)liiotm Open. The activity of the realty market during the p;ist week was due principally to the opening up of additions and subdivision property for pring sales. Extensive advertising1 campaigns by local realty developer are bringing excellent results and although the season is still oung 4 lie business is as good as it usually is a month later. An acMve campaign for selling stock In the proposed $:P.m,u(hi housing company to be formed here to provide tor the city's rapidly growing population, probably will be started son. Preliminary arrangements have about been concluded, it is understood. N'o great difficulty is anticipated in disposing of the stock. A "Buy at Home" campaign was discussed at the meeting of the realty bard on Tuesday of last week and although the camaign will not start for several weeks. it 's planned with the coming of warmer weather to push the campaign bv advertising and thereby it is believd further impetus will be given to real estate activities here and through the accelerated building which will result from the campaign, additional relief in remedying the present house shortage will be obtained.
i.ook m m:. Come and look at my house at 72 l'ortnce Acnue. poor open ali day Sunday. Both phones. C. I. Smith. Advt.
Pr. Turt
Axtell, 'Mg.
Pentist. I'nion
Buy In Southmoor Beautiful Ixts Jl Per Week. W. P. FUREY, 12: S. .Vain St. Hell chone J66.
Tidal Wave of Prosperity
Gets a Salutary Check
The tidal wave of prosperity which has been increasing in voli utne for so many months might hecome uncontrollable were it allowed to continue w ithout let or hind- . ranee; the slight check administered during February by increased sub
marine activities, prospective railroad strike and other factors may prove a real benefit. That the vol
ume of trade can be easily reduced
and the great speed at which in 1 istry has been moving be checked quite evident in the summaries of our trade report for this month. Hank clearings during February at 17 cities totaled nearly twentytwo billion dollars compared with eighteen billion dollars for February of last year, an increase of IS per cent. There was one less business day in February of this year than in February, 191C, which makes the increase in hank clearings, as well as other increases reported below, all the more remarkable. February clearings outside of New York city totaled nearly nine billion dollarscompared with seven billion dollars in February, a year ago, a gain of 2?. per cent. Only 27 of the reporting cities show a loss in clearings. Exports of merchandise during January aggregated $ ft 1 r., 000, 000 compared with I.IHC.OOO.OOO. in January, 1910, and imports totaled $214.000.000 compared with $18 4.ooo.ooo in January of last year, making a favorable balance of trade for the initial month of 1917 of ? '172.000.000 compared with $1."2,000,000 a year before. Pur foreign trade, of course, fell off during February, exports totaling $ 167,000,000 compared with $410,000,000 in
February a year ago, and imports amounted to $200,000,000 compared with $191.000.000In February, 1916, the favorable balance of trade being $267.000.000 compared with $21 COOd.OOO In February of last year. Business failures in February numbered 1.146 compared with
(lRTIIHITYFnR I
ui i uiii um ii i uii U.S. IN RUSSIA i
SAVING THE BABY AS AN ACT OF PATRIOTISM
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1.64& in February a year ago and
liabilities totaled over $14,000.000 compared with $1.000.000 in February, 1016. Assets of the failed concerns amounted to $6,000,000 compared with $i.OO0.000 a yer ago. leaving net liabilities of $S, 000,000 in February and $9.000.000 in February, ri6.
During February there were com
pleted in American shipyards 72
vessels of "7,000 gross tons compared with (J'J vessels of 74.000 gross tons in January, and ST vessels completed in December with a gross tonnage of P.S. 000. All of the vessels completed in February were for American owners. Railroad earnings during January exhibit considerably better results than in December, gross earnings totaling JT.OS.OOO.OOO compared with $267.000.000 in January. 1516, and net earnings aggregating $SS,000.000 compared with $79,000,000 in January a year ago. Total money in circulation in the United States on March 1 was $4.r.s l.ooo.ooo co.npared with S4.49S,noo.OOQ on February 1, and $n.y26.000,000 on March 1 of last year. The circulation per capita on March 1 was $4 4.26 compared with $4.1.30 on Feb. 1 and $.18.r4 a year ago. The population of this country is now estimated at 10n. .".71,000 persons', compared with 101.S61.0oo on March 1. 1916.
Dr. Edward Ewing Pratt Emphasizes Importance of .Spirit Behind Dollar.
POUT CITIES ARE
M OHM
GS
Success in Foreign Trade Depends on Their Ability to Render Service.
The part that American port cities must play in holding our increased foreign trade was discussed last night by Hon. IMward Fwing Pratt, chief of the bureau of foreign and domestic commerce, at the annual banquet of the Jersey city chamber of commerce. "In the long run," said the speaker, "a city is not unlike an individual in this success is achieved largely by the willingness and ability to render eflicient service. "There are many instances where good physical port terminal facilities have been provided but largely fail to serve their purpose because of the lack of adequately organized trade machinery. It is too often that we jdace the emphasis in considering economic and commercial matters upon that which is physical and can be seen or photographed. In thi matter of port facilities it is often the line docks or warehouses which are developed and it is too often that the other facilities which cannot be so easily seen and will not so easily be the monument of some man or commission that are neglected. As important as the physical facilities of a port are the markets or exchanges and the market or exchange machinery which is necessary to facilitate the receiving. storing, processing, and redistribution of commodities. Some of our ports are short on srvice and if we are to hold up our end when the great Furopean ports get back to working order, we must concentrate on this matter of service. "The astonishing growth of our foieicn trade during the last few-
months has undoubtedly led many people to under estimate the ditllculties of this business. The getting of foreign trade has seemed to many a very easy matter. The volume of our foreign trade has been piling up with such rapidity that we have perhaps forgotten the fact that of all kinds of trade, foreign trade is the most competitive. "In the meanwhile, our ports have seen the business increasing by leaps and bounds and the ports and cities at those ports may also have forgotten the fact that the trade will ultimately go to that port which is able to give the best service at the lowest cost. There is an intimate and vital connection between port facilities and foreign trade, and that city which would obtain and definitely retain a large volume of foreign business must offer as good and better facilities than other ports."
COOPERATE TO STOP UNSOUND BOND SALES LONDON. April 7. (Correspondence of the Associated Press.) Plans for the cooperation of American and British investors in preventing the placing of unsound bond issues of foreign governments either in England or America, have been approved by the Corporation of Foreign bondholders of CJreat Britain. The proposal ws recommended recently to the Investment Hankers' association of America. Commenting on it, in their annual report, just made public, the council of the Corporation of Foreign bondholders declared: "The council takes this opportunity of sayint that they would gladly do all in their power to cooperate, and it seems to them that'it would be a very s'rong weapon of defence in the hands of bondholders against defaulting gocrnments if it were known that such cooperation existed. These governments would then realize that if they failed to comply with their obligations in this country they would lind difficulties in the
way of obtaining fresh money in the J Fnited States a?.d vice versa, until i . . .
they had returned to the path of honesty."
In '.n address by Hon. IMward l'uing Pratt, chief of the bureau of foreign and domestic commerce, before the American-Russian chamber of commerce recently In New York, X. V., he said: "The crisis which has occurred in Russia is not only the most dramatic event of the great war, but is undoubtedly one of most far reaching consequences to Russia and to the future of the continent of Europe. Great as is the significance of this change for Russia and her allies, it has I believe, even greater .significance for the Fnited States. "This is not a revolution in the commonly accepted meaning of the term, but rather the comparatively peaceful suppression of an inefficient form of government by the succession of a highly organized and eiiicient form of government. YYe lie cd not look. therefore. to any reign of terrorism and destruction. (n the other hand, we may expect a very rational and much more erhöh nt form of government, a government which will prosecute the work more effectively than its predecessors. Those of us who are interested in the trade relations between the Fnited .States and Russia see in the promised reforms In Russia the clearing away of th one obstacle to the best and frankest exchange of international relations between the two countries. An i:ample for U. S. "Those of us who are interested in further developing the trade of the Fnited .States with Russia should also keep clearly in mind, without any misconceptions, the part which Germany has played in the development of commercial Russia and the part that Germany is liable to play in the commercial development of Russia. In spite of her unfortunate influence on the political institutions of Russia, Germany was performing a legitimate and economic function in that country, as evidenced by the fact that practically all the successful undertakings in Russia were prior to the war, under German control. There is reason to believe that Germany may play an important part in the economic development of Russia after the war because Germany will be in a position to offer a legitimate service to that country. There is no doubt, however, that the Germans had failed to win the sympathy of the Russian people with whom they had been trading for many years. And I doubt if, under the circumstances the Germans will be able to win that sympathy in any business which they may engage with Russia after this war Is over. The Fnited States should profit by the example and failure of Germany. ' The success of American capital in Russia will depend to a large extent on the spirit behind the American dollar. America has a good deal to teach Russia as regards industrial progress. Russia will probably prove an apt and appreciate pupil. With the establishment of a stable form of government and the resumption of peace there is no reason why young Russians should not come to the United .States for their technical education. or why American technical men should not go to Russia to assist in building up a system of technical schools in Russia."
How the strength of the nation is being impaired by the conditions which make babies sicken and die, and what some two thousand communities have done to awaken interest in the conservation of the youngest citizens, are briefly reviewed in a new bulletin on baby week campaigns which has just been issued by the children's bureau of the United States department of labor. Approximately one in ten of all the babies born in tho Fnited States dies before completing ll' months of life, und the children's bureau says: "It was once thought that a high infant death rate indicated a great-
er degree of vigor in the survivors.
Now it is agreed that the conditions which destroy so many of the youngest lives of the community must also result in crippling and maiming many others and must react unfavorably upon the health of the entire community." Two thousand one hundred communities have reported to the children's bureau the details of a baby day or a baby week by which they called attention to the need of protecting, their babies. Ingenious devices for exhibits, new methods of distributing pamphlets on baby vare, ways in which information on lcal conditions was secured and published, and other interesting leatures from these local reports nre described in the bulletin as suggestive for those who are planning a similar campaign.
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I Start Your Savings Account at Once And et the benefit of our APRIL DATING.
AH funds deposited prior to APRIL 1 1th will begin to draw : interest from APRIL 1st at 4fc. E DO NOT DLL AY. NOW IS THE TIME. AND HERE IS j E THE PLACE. j I Citizens Loan Trust & Savings Company I 112-114 W. Jefferson Blvd. j Next Door East of the PostoiTice. j fniiuinnniiiiiiiiiiiiiiiiiniiiniiiiniiiiiiiiiiiiiiiiiiiiiiniuiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
SMALL WAGE EARNER
ORIGINAL
ni l P n t V T I .
'-ALL EG R H1TTI
Famous CHOCOLATE CREAMS F. "ih everv week. Exclusi South Bend Agents, AMERICAN D ?UG CO., 133 N. Mam St. Open from 7 to i: daih. Phones: Bell 172; Home 5139 All kind ')f Kodak Supplies.
"Health insurance hy tbo state is
j inu'M'leil to safeguard people of low
incomes against uie nazant of sickness. Hiirh income groups ran care for themselves." declared Commissioner Royal Meeker of the bureau of labor statistics of the I'nited States department of labor, which was issued today contains several leading articles on many phases of this subject. "Will state health insurance come? No one can tell. Personally. I regard it. while not the most important, a most essential part of any well-balanced system of -o ial legislation." said Dr. Meeker. "Srcli a system, properly worked out." h
'continued, "will indemnify workers
1 .-.gainst lovs and reduce disease. Competent medical. surgi al ;nd hospital trratmer.t j-! f irlamontal to til social insurance i- eririir n-'ci-lents, sickness, invalidity and old i--e. Health insurance is th' tension of the principle of ac.-ident om pens a tion to cowr sickness whether caised by the employment or not.
Stripping the crenrs of all lh for- " ml speeds in his - ar was n t ,ro -into st,,p Ahrahain TauV. u L hud uot as far as Needles, t'alif . !:i ? transcontinental at;tomo''ile trip with his family fron Portland. 'Me. So he threw in the reverse ;ir and for nire days backed until he i cached Loi AnIt.
COMPENSATION LAWS HELD CONSTITUTIONAL The I'nitctl States supreme court by recent decisions sustaining the validity of certain workmen's compensation laws rendered secure the position of this class of legislation, so far as the federal constitution is concerned. Awards totaling many thousands of dollars and extending over the life-time of beneticiaries ere involved. The April issue of the Monthly I!eiew of the bureau of labor statistics of the United States department of labor gives an account of these decisions, one of which upholds the law of New York, compulsory in regard to compensation, but allowing options as to insurance; another that of Washington, likewise compulsory, hut in addition requiring all employers tinder the act to contribute to a state insurance fund from which all payments to beneficiaries are made; while the third sustains the Iowa statute, which is dective, permitting employers and employes to choose whether or not they will adopt the system of compensation. The three general types of compensation legislation were therefore under review. and the constitutionality of every essential feature of the laws was sustained
oi:m:u vorn taxi Of the Ward Tab and Transfer company. George H. Brown, owner. Many e-irs in the business is our guarantee of prompt and satisfactory service. You can depend on our cab and transfer service. No delays and dean, comfortahle conveynnces always at your call. Handsfne carriages. 7-passeneer tu.ie'raker cars for parties, funerals and talU i'honts; Dell 22 and ::0T; Home 2201. Adv,
INVESTIGATE LABOR OF CHILDREN IN KENTUCKY
A detailed report of a study of farm work and school attendance in seven counties in Kentucky in 1910 has juüt been published by the national child labor committee in the quarterly Child Labor Bulletin. Rural child labor has never received much attention, according to this committee, but recent studies in Colorado, Kentucky and other states show that there is a close connection between children's work on the farms and the poor school attendance and high percentage of illiteracy in rural districts. In the seven counties studied, the report states, the greatest number of absences from school in the four months studied were due to farm work. Furthermore the children absent for farm work had a higher percent of retardation in school than other children. Among white children only 13.J percent of the daily attendants were retarded, 22.8 percent of the children absent for other reasons than farm work, and 4 6.S percent of the farm work absentees. Among Negro children the percent for daily attendants was 34.2, for other absentees, 49.2, and for farm work absentees, 72.6 percent. One reason for this state of affairs is said to be that "farm work is steady whereas illness) as a cause of absence) is occasional; moreover, farm work occurs year after year, while illnesi may occur only once."
Construction Involving Sum of j
$121,288 Is Contracted for During Month.
Construction involving; the sum ofi $121, 2SS was contracted for in. South Bend during the month of March, according to the report submitted by the city building bureau. ! The permits which were taken out ' for this work total 127. which is! nearly 100 more than were issued, last year during March. j The buildings include two fireproof structures costing $1,200, and 115 frame dwellings amounting to $114,071. ; In from January to April, 1 124 permits were issued and the amount of building was $200. i'Zi. For the same length of time this year 173 permits have been taken , out and the cost of construction to- j tals $416.142. j Since the lirst of April there have been 17 permits issued. These i cover construction amounting" to more than $13,000. Among the larger buildings for
which permits were taken out are: A dwelling for Levi Flowers at 3121 K. Pleasant St., which is to cost $i,::oo. A garage at K. Jefferson blvd., to be built by the Jefferson Improvement Co. and to cost about $1,600. A dwelling for C. Wenninger at 415 Haney aw, estimated at $2,330. A dwelling at 6 CO South st. to cost $1,300. C. Weidler is the owner. A dwelling for J. IIa gey. to be erected at 1020 Thirteenth st., and to cost i 1,000.
ELECTRICAL GOODS IN PORTO RICO
The bureau of foreign and domestic commerce of the department of commerce, recently issued a report on the markets for electrical goods in Porto Pico. It calls attention to the fact that the only sources of business in electrical material in any volume are the electrifications of sugar mills;, the erection of lighting plants In the towns not now provided with them, and lighting in general, both public and private. After many years of unsatisfactory business, the sugar industry is at last enjoying undeniable prosperity, and the report suggests that when past losses have been recouped to some extent considerable capital may be available for modernizing the sugar mills. This will be the opportunity for American manufacturers of electrical equipment.
FISH MAY HELP TO PAY ENGLAND'S DEBT LONDON, Arpil 5. (Correspondence of the Associated Press.) A plan to make the fishing resources of Hudson bay, the whale oil of the South seas ar.d the jute trade of India, help pa- of the huge debt with which the British empire will find itself burdened at the close of the war, has been launched hero through the formation of the Empire Resources Development committee, with Sir Starr Jameson, the organizer of the Jameson raid, as chairman. The plan is to put the work in the hands of captains of industry whose business would bo the development of potential wealth. The state would back the enterprise. would enlist the work of experts. who would seek out the most valuable resources of the empire and exploit them for the benefit of the people. Use for the state, after the war, of the ttshing lleet now engaged in mine-sweeping is one of the novel suggestions of Alfred Bingham, member of the house of common, and a leading business man who has traveled extensively in the United States. "We should tap." said Mr. Bingham, "the fisheries in the Pacific ocean, bordering on British Columbia; in the mouth of the St. Lawrence; and in the waters around Newfoundland and Labrador. We should become the purveyors of fish
in all forms, almost to the whole world."
Potatoes for seed, 1.000 bushels, early and late. The Wesley Miller Flour and Feed Co. Adv.
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FOB sALi; This attractive new 5-room bungalow on Corby st., neat, solid, modern throughout. Reasonable term-; title guaranteed. Write Dr. E. S. Breed, Ann Arbor. Mich.,
or phone W. K. Mclleniy, Bell 299.
Notice to Contractors and Prospective Builders
We have opened an office and exhibit room at 129 S. St. Joseph St., showing a full line of face brick. We also handle builders supplies. Come in and look at our samples before placing your order. PORTAGE BRICK CO. Home Phone 5186; Bell 102
LOANS ON I'AKM L.WBS. Loans bearing interest at the lowrate of 5 per cent w ill be made by us
on good productive farms which I meet with our requirements. If you' expect to borrow money soon, ar- t rangements should be male without! delay so that you may take advan- I
tage of this offer. All loans will be made for a term of five years, with the privilege of paying the principal, or any part thereof, in even hundreds of dollars at any interest paying date. Further details can be secured by a letter or ue shall be plea.-ed to have you call at our ortic. THE STRAUSS. BROTHERS CO. Adv. Ugonier. Inl
lXOK HIIKII. Come and look at my house at 76Portage Avenue. Ioor open all day Sunday. Both phones. C. Ü. Smith. AdvL
A. B. WICKIZER Real Estate Office Home Phono 8829 Residence Bell Phone 182T 106 Soith Michigan Mreet Oor F.PTs IMano Storr SOUTH Bi:VI. INI).
Build YOL'K Homo in SAMUEL GOOD PLACE IC. A. WOOD HKALTY CO. Suite 112, I'nion Trust Building.
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Children? Scientists tell us that the most lelpless animal that lives is the chiUl of man. Nature has i;iven all animals adequate means of defense or escape except the human species; she has given human parents more brains and intelligence as a protection tor their young. Are you using your? Are you blowing in your income as fast as you get it or are you saving a little each week
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The South Bend National Bank 103 North Michigan Street. is anxious to help you. One dollar will start a savings account.
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Electrical Aids to a perfect toilette
Tb elf-Wirln curln imn, i pol Ummt of rtrm y.t f x- Kir Hrr.nt :v1 wurtnr arc to beauty aod cohort commoo tj&y, 1 yaixxTi to the rt Is Your Home Wirtd for Electricity? It 16 in the tlectrcl home that one find maximum comfnrt a' 1 luxury, not only in the boudoir but in mcry room in ihs haute. Wah"i?, iring, dishwaghinchouseclcaninaikl cooking are all made eawer I y eleVtnci: v. . . We f can how to the advar.tagci for ;u hinic at a nummua of Cost. Itltphone us to-Jay.
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I. & M.
Bell 462 Home 1197
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RIVER VIEW CEMETERY
The most neatly arranRffl and best equipped Burial Ground in northern Indiana. It is South Bend's beauty .-pot. Fine view from any part of the ground.-. Beautiful shade trec-s, lawns and flower b-ds. Substantial chapel and oir.ee buildinps. Receiving vault for aironmiodation of ptrori.-. Fourteen beautiful Mausoleums already on grounds. All lots are desirable. INDEPENDENT WATER WORKS Pure river water is pumped through the grounds.
The price of lots 100 f-quare fe-t. sufficient in size for three gravr?.
Single graves from 8 to SI'J. PERPETUAL CARE Is guaranteed to each lot owner in eery deed. (TJ1A AAA trust is already debited with the St. Jo.-eph Loan vlvjUUl Trust Company as a perpetual care guarantee VISITORS Ui:iXX)MK. Al'idy to the Superintendent for location of lots. Home r)7.$ (Yinetrry ThoncN Vc -1-0. Supt. lU'vidence 701. IUI. I). I-!. CTMMIXS. Irs. I- I'. LK VAX. Supt.
$25
S25
