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MAGIC SHAVING STAND Patented. FUTURE HEIRLOOMS. The most useful article ever devised, light as wood; durable as gold. There Is nothing else like it. never was, and it can only be had direct. Stand is compact, artistic and port able, the very extract of convenience and order; five feet high when extended, but closes to any height Mirror is ample and adjustable. no bolts or screws to lose or misplace. Several years were spent in perfecting and sim plifying a stand that will grace the home of a millionaire, yet costs no more than a pair of shoes. Why not soften your temper and save steps, worry and time every day as long as you live. AS A GIFT FOR A GENTLEMAN, "there is nothing else." It's a clear title to his everlasting gratitude. Stund ran he used as a chess table or music stand. Special introductory price $3.98 delivered prepaid anywhere A postal will bring it delivered to any home in America C. O. P You may never see this ad. again, so order one to-day. J. W. RICE Spring St., Atlanta, Ga. H'KARST’S SUNDAY AMT.RICAN, ATLANTA, OA., SUNDAY, AUGUST 3. 1913. OFFER HELP TO Interesting Discussions Now As sured on All Important Topics Slated for the Deliberations. Nearty all the neceasary accept ances of speakers who will appear on the program of the Southern Mer chants’ Convention have been re ceived Several strong speakers have tendefed their services during the week, giving further assurance of a series of discu*p»lons'■which will be of genuine help and Inspiration to the dealers who attend. In its foreword the program com mittee remarks: “The committee charged with the task of suggesting a program for the convention has had before it the two fold object of selecting subjects a consideration of which would prove most helpful to the greatest number of those attending asnd of affording at the*same time opportunity for the ad- raneement of 1deaa or suggestions on the part of any who*might not have a formal assignment on the program, the idea being to so provide that the nrreml>er» of the convention should have as complete charge of the delib erations as possible,and that everyone attending shouki have an opportunity take part. “With the latter object In view, from 40 to 50 minutes of each day’s cessions has been given over to an V>pen Parliament,’ In which any member present who may wish to speak on any subject on rhie program for the day will be invited to do so." The program as 1t now stands fol low’s; T uesday. CorrveTTtlon called to order—Bolling H. Jo nes. Invocation—Bishop Warren A. Can dler. Address of Welcome—Governor Slaton. Address of Welcome—Mayor Wood ward. Response—R. O Crouch. Leading topic, “How can merchants, landlords and bankers best direct their Influence toward securing a greater diversity of crops’”'—J. W. Vaughn, Cartersville, Ga. "Marketing the Surplus of Grain”— J. R. Bachman. Atlanta Milling Com. panv. "Cattle and Hogs as By-products' — W. H White, Jr.. White Provision Company. "The Greater Stability of Credits Resulting”—Jowpph A- McCord, vieo president Third National Bank. Open Parliament—Yancey IIin. of Montezuma. Ga., and W. A. Brannon, of Moreland, Ga.. will lead. Thursday: “Merchandising, both as a legiti mate means of livelihood and as a de veloper of character and mental vig or”—\v. W. Orr, George Muse Com pany leading topic—Buying. “When and how to buy' —R. O. Crouch. Griffin. Ga. "Benefits of buying often and ac cording to active needs'*—J. M. Rob erts. Wilacoochee. Ga. "Keeping the money at home by giving preference to home manufac tures where all things are equal"— Norman Johnson, editor of The Mer chants’ Journal^and Commerce, Rich mond. Va. "Keeping up sales and keeping down stock"—W. W. Poole, Hawklns- ville, Ga. _ . _ "Aggressive advertising —Paul T. Harper. Commerce Observer. Com merce, Ga. "Department store methods in a small cKy“—J. R- Nunnally, Monroe, Ga Open parliament. Friday: . "Proper accounting methods a prime factor in the success of a business"— C. E Pollard, American Audit Com pany. , ,,, "Can a merchant afford to imperil his capital by failure ii^uro his stock properly?*'—H. PL Choate, J. K. Orr Company. ‘From the bankers’ standpoint — R. Noble. Berrien, Ga. Open parliament. Subjects remaining open are: Thursday—"Ascertained cost versus estimated cost," "Proper depreciation of hard stock at inventorv period.” "Disposing of slow stock." "Special sales." , , Friday—“Store discipline, store help, how* to create and keep up enthusiasm among the store force, courtesy as a business method;” "Could not better ments such as are suggested by these discussions be most readily brought about by local organizations of mer chants’ associations?” There is no doubt of the speakers being secured for these addresses, hut their acceptances are late. JAPS TO FURNISH U. S. ARMY COAL. WASHINGTON, July 19 Consider a ble interest is shown here in the awarding by the Fnited States Gov ernment for use by the army of the Philippines of a contract for 80.000 tons of coaf. valued at $500,000. to a Japanese Arm. Mitsui. Bussan. Kaisha The bid was $6 20 a ton and was made in com petition with Australian and Chinese coal This is taken to show friendly re lations with Japan. r T'HIS is thi; committee of the Merchants and Manufacturers’ Association which is “the power behind the guns.” No one who has not followed closely the la- 1 hors of this committee can realize the hard work which has been necessary to got everything in readiness for the t»g convention which opens this week. Country Banks Must Prepare to Move Crop More Than Usual Interest Is Attached to Their Position at This Time. From left; to right, those in 1 Cl nre, R. K. Ram bo and 11. R 0 he picture are: Seated, Meyer Regonstein, Willis E. Ragan, E. M. Hudson, Bolling II. Jones, H. T. Moore, J. L. Baldwin, C. W. Mc- hoate. Standing, L. E. Floyd, J. 1). Robinson, J. Frank Meador, H. S. Collingsworth, J. R. Little and Leonard Brown. As crop-moving time draws near the position of the country banks, which in the last analysis must finance the movement of the Western harvests, is becoming of more and more Interest Particularly is atten tion focused upon them as time money continues to climb to. the height of 614 per cent for six months just now, when, if ever, the money tension might be expected to relax, following the July dividend payments. Analysis shows that the 6,800 coun try banks of the United States are not as well off as the city institu tions In fact, there can be no deny ing that the interior banking position is somewhat overextended. Country Loans Continue. Notwithstanding the drastic meas ures which the big banks in the East have been taking all this year to re habilitate their reserves, the coun try institutions have persisted in ex tending loans and traveling on slim reserves. The actual reserves of the country banks have now fallen to 21.87 per cent, which is easily the lowest point reached since 1893. The course of loans and cash hold ings of the country banks over recent years illustrates how their reserve position has been steadily depleted. In the past year they have raised loans by no less than $223,000,000 with only a $20,000,000 cash increase, or in the ratio of 11 to 1, whereas the normal proportion is about 5 to 1. Going back a year further the com parison shows even more clearly with increase of $407,000,000 in loans and only $22,000,000 in cash. Not only that, but in the same period invest ments in bonds have jumped $72,000,- 000. Not once since the spring of 1910 have the country banks lighten ed their bond load Effect of Policies. The effect of these policies is por- KEEP LEAD IN New Companies Being Organized Which Will Fill Completely the Gap the “Trust” Left. SAVANNAH. GA., Aug. 2.—Savan nah will not lose ground as the prin cipal naval stores market of the world because of th»* suspension of the American Naval Stores Company. It is admitted that the suspension of the American has demoralized the market. The present outlook, never theless, is bright. Several new com panies already have been organized an a result of the liquidation of the American, and it is practically certain that more will be formed in the near future. The combined power of these will easily equal the American, and there Is no doubt they will he able to handle the business. An official of the Columbia Naval Stores Company, which was organized las*t week in Brunswick, says that when the American Naval Stores Company is liquidated and all of the new companies which are to bo formed from the American are organ ized there will be plenty of buying power. The Columbia is made up of former officials and employees of the American. It is the belief that Savannah should continue to be the primary naval stores market of the w’Oild. The Co lumbia company alone, capitalized at a million dollars, should be able to handle a good share of the American's business. Savannah has been known to the world for years as the chief navul stores port. At this time the markW is in an ex- tremelv bad condition. There is very little demand for the product, while the factors are forced to carry the burden of operations, which now are in full swing. An attempt has been made to curtail production in an ef fort to help the market, but up to this time this effort has riot been success ful There are now something like 150,- 000 barrels of turpentine and rosins on the Savannah terminals, and it is estimated that there is still another 100,000 remaining in the woods. These big receipts are being handled and financed by thb factors. Jap Silk Market Is Active and Strong Prices Give Promise of Advancing According to Authorities In the Trade. NEW YORK. Aug. 2 —In their spe cial report on the raw silk situation In the leading world markets, A. P. Villa & Bros, say: "The market at Yokohama has be come active and firm again, and prices give promise of advancing. There is a good demand in evidence, both from Europe and America. Canton silks continue in good demand, and prices in that market continue very firm. A.t Shanghai prices are softening some what. as the high prices quoted by the reelers restrleted bus ness here. There has been no important change in the situation at Milan. "The local market is rather quiet, so far as actual business is concerned. Inquiries for silk are numerous, but the manufacturers prefer to bold off. as they have large quantities of thrown silks on band. The settle ment of the Paterson silk strike should materially aid business in this maPket.” NEW WAY OF TREATING WOOD PROVES VALUABLE A special treatment of native w’oods for use in the better grades of furni ture has been* tried with success in Germany. Freshly cut birch, oak, elm or spruce is buried in earth mixed with lime and other materials, and left for from three to five months. A remarkably tine color is imparted to the wood thus treated, so that it can be used without painting or stain ing. and after such treatment it has practically no tendency to shrink or swell. August Is Middle of Millinery Season Thousand Buyers In This Line, Nine Out of Ten Women, Will Come to Atlanta. "Fully 1.000 millinery buyers w r l!l visit Atlanta during August,” say.« C. R. Palmer, manager of the M. Kutz Company. Mitchell and Pryor streets, wholesalers of millinery supplies. "The middle of August Is the height of our season,” says Mr. Palmer. "By September 1 the rush is over, and most of the good? have moved out. Just now business is exceptionally good. We expect to welcome a great crowd during the merchants’ conven tion. and. in contrast to most whole sale houses, it will fall to our pleasant lot to entertain the ladies. Nine out of ten millinery buyers are women, They seem to understand the business better than men.” For a time the silk strike in Pater son, N. J., and surrounding territory threatened to embarrass seriously the millinery trade. But the strike, it seems, has been settled. "We expect satisfactory ribbon de liveries after August 15," Mr. Palmer says. "Prices have advanced, how ever Velvet is in good demand in narrow widths. Smaller hats will be worn this fall. As to predominating colors, we all are at sea. and are sell ing nothing but the staples Just now’. “We have planned a hearty wel come for the buyers. Five of the salesmen will be in the house for the occasion.** Firm Handles Flour With Unusual Care E. L. Adams Co. Rebolts Every Sack Which Comes From the Mills in Jute. Occupying four floors in the L». & N. Terminal Building, the E. L. Adams Company claims to furnish aDVthing the keeper of a grocery store wants’, “from soft soap to green gourds.” The firm makes a specialty of New York State and California canned goods of the highest grade. The Edg- ett Burnham and “Yours Truly” lines are among it? leaders. Particular attention also Is paid to the flour trade. All flour handle^ by the concern is rebolted in the estab lishment. As nearly everyone know?, flour comes to Atlanta In jute sacks. The usual method Is to empty these sacks in bins and fill the cotton sacks, with which the consumer is familiar, by hand, using scoops. The Adams Company empties the jute sacks into a rebolting machine, and the flour is sifted through fine silk, so that all lint from the jute is removed. From this machine the flour goes through a packing machine, and the flour Is not handled from the time It enters the house until it leaves. G. B. McDowell is manager of the firm, of which E. L. Adams is presi dent. A feature of the establishment is the cigar room, which Is air-tight and floored with brick and sand. The brick and sand absorb the moisture necessary to keep the cigars in per fect condition. Dyed Wolverine Is Popular New Fur Many Buyers Think It Prettier Than Original Fisher Which it Imitates. Prompt Returns ' I ^ FIE unvarying precision and promptness, and the reasonable rates, which charac terize ALL Collections made through the AT LANTA NATIONAL BANK especially com mend this old established institution to out-of- town Banks, Merchants, Firms and Individuals desiring the BEST of service. No delays or prolonged anxiety, and books can be kept strict ly up to date; for each Correspondent is advised at the earliest possible hour whether or not his paper has been honored. .Your Atlanta business is invited. Atlanta National Bank C. E. CURRIER, President. F. E. BLOCK. Vice President. CAPITAL SURPLUS RESOURCES ... JAS. S. FLOYD, Vice President. G. R. DONOVAN, Cashier. J. S. KENNEDY Asst. Cashier. J. D. LEITNER. Asst. Cashier. ... $ 1,000.000.00 1,000,000.00 ... 10,000,000.00 A fur that has recently come to the front abroad, and which will be fea tured by local manufacturers during the coming season, is called dyed fish er-color wolverine. It is said that many buyers consider this dyed fur much prettier than the original fisher. The fur Is made up in scarfs and muffs, and will also be used for coats and trimmings. A new style in fur sets is a scarf about two and one- quarter yards long, draped at both ends, and a draped muff, heart- shaped, about nineteen inches wide and eighteen inches deep. It is thought that this style will be taken up extensively by smarter dressers. RUSSIAN BLOUSE EFFECTS LEAD FOR EARLY FALL Charmeuse, crepe and crepe de chine are materials moving best for early fall silk dresses. Models now shown are mostly sim ple designs, with plaited Russian blouse effects leading the demand Finishings of surplice blouses with vestees and sleeves of net are also well thought of. Most in demand colors are navy, taupe, prune, black, green, yellow’, various shades of red and Copenhagen blue. Retailers say that the spring selling of silk dresses has continued longer than during any previous season, and for that rea son they display greater confidence in them for fall. trayed more clearly than in words by the following figures (000,000 omit ted) : Reserve Loans. Cash. Legal Actual Per C. Per C. June 4. 1913...$8,202 $266 16 62 21.78 June 14. 1912.. 2.979 246 16.53 20.50 June 7. 1911... 2,795 244 17.00 23.56 June 30. 1910.. 2.740 235 17.07 22.57 June 23. 1909.. 2.416 222 17.34 25.09 May 20, 1907... 2,331 188 16.64 24.21 No section of the country has been entirely immune. The Far West, Pacific Coast and South have all been, reporting reductions in reserves as the following comparative tabulation at tests. New’ England and the East are omitted because there has been and Is now' some improvement in these centers under the lead of New Yorks South. Middle. West. Pacific. Per C Per C. Per C. Per c! June 4, 1913. .16.91 14.67 16.85 17.63 June 14, 1912.16.95 16.42 17.08 17.60 June 7. 1911..17.63 16.85 17.50 17.82 June 30, 1910.17.67 16.94 17.35 17.93 June 23, 1909.18.31 17.17 17.50 18.46 Attention, Merchants Since coming to the South to find a broader market for our products, this company’s business has grown so rapidly that we have found it neces sary to open a sales office and warehouse in At lanta to facilitate prompt service for our cus tomers. We are now carrying a complete stock of our Famous Miami Valley Winter WTieat Flours. Our warehouse at 149 Madison Avenue is a model of the “Down to the Minute "‘flour storage, where the Pure Food Idea rules supreme. Our flour is un touched by human hand from the time it leaves the rolls until it reaches the customer. NO DIRTY HANDS resacking in filthy warehouses and rehandling rooms. We are here to stay and to serve you. Don’t buy flour again until you see us and get our prices. THE ALLEN & WHEELER CO., TROY, OHIO. WARREN & HOWELL, Sales Agents 149 Madison Avenue. Atlanta 395. Atlanta, Ga. Main 2249. THE AMERICAN NATIONAL BANK OF ATLANTA Esteems the Patronage of Georgia Merchants, and Cordially Incites Those Attending the Southern Mer chants Convention to Call and Inspect Its Facilities. Its methods are up to date and the effi ciency of the service it renders its patrons signifies it has a thoroughly trained organiza tionally guided and assisted by a directorate of practical business men and bankers, whose personnel and financial strength have elicited the confidence of the business community. Henry Seligman Is Business Optimist Sails From England Sure That Unit ed States Has “Turned the Corner.” Special Cable to The American. 0 LONDON, Aug. 2.—Henry Seligman, who sailed on the Olympic, was ex tremely optimistic about business affairs in the United States. "Although I have been absent six months." he said. “I can see that we have turned the corner." Fundamental conditions, he said, are far too sound for any worry about the immediate future, far less the chances of a panic. He thinks the tariff bill will pass prac tically unaltered and believes it will help the country’s industries enormous ly. He also hopes that the currency bill will pass this session because of the Immense aid it will be to the country’s prosperity.