The Birmingham age-herald., 1911-01-10
EMIL LOEB PLEASED
 WITH YEARS TRADE Birmingham Merchants Have
 Cause for Rejoicing NEW YORK MANS VIEWS Is Member of Lovemnn, Jospeh & Loeb and Believes Birmingham Is Pro-
 portionally In Better shape
 Than New York
NEW YORK MANS VIEWS

Emil Loeb of New York. member of the firm of Loveman, Joseph & Loeb. ar rived in Birmingham yesterday on one of his periodical trips to Birmingham, where he has extensive interests. He will be here for several days.
 MT Loeb said Birmingham had given the merchants better patronage this past year than ever before. and that the flu ture was just as glowing. He said on the contrary business in New York showed nothing near the proport.onate increase found in Birmingham.
 Birmingham did herself proud this year." said MT. Loeb. And every mer- chant here should feel good over what has occurred and the outlook for the fu- ture. 1 am sure that never before in this city's history have merchants been more literally patronized. Our reports show this to be especially true of Loveman, Joseph & Loeb.
 ''ln New York business was not so good approximately as here. While we have no kick coming, at the same time Birmingham in proportion outstripped New York as far, in recent sales, as Birmingham did other cities in percentage of growth.
 "In New York we have many people who speculate. They lost through the market being weak and did not have any on this class of people for & living, so they, too, did not have any money. These things count big, too, when the holiday trade is being checked up. Again we had express strikes, labor troubles of all kinds, and great many fearful fires, explosions, etc. Those events contributed their share to the decrease in sales. Op the other hand, Birmingham was blessed with an absence of great spectators, the people had conserved their resources and they spent their money in the pure joy of Christmas giving. The cotton crop, the extensive coal trade and the high rate of operations of the various industries here gave every one money and they spent it with their home mer chants. Those things made the BirmiRg- ham merchants have good trade and conditions
 In speaking of the outlook for busi- ness during the year MT. Loeb said
 'The railroads at this time are not in clned to buy goods and thereby im- prove conditions They are holding up. They claim that conditions just now are not ripe for investments. The rate cases are yet to be decided and the supreme court must pass upon some important matters. So, they are awaiting the de- cisons with eagerness.
 But the railroads are just like a man who declines to buy a suit of clothes. He waits and waits until the last min ute and when he does buy he buys two instead of one. That is exactly what will happen when the railroads get busy. When the time is ripe for the compa- nies to buy they will buy twice as much and consequently times will boom. That period is not far away and believing this I cannot refrain from saying that I am immensely optimistic over the future out look. The city of Birmingham cannot now be affected by dull times elsewhere for this city has passed the age of de- pendency upon other places.''
 MT. Loeb, who is very popular here among a large class of people, was out yesterday paying visits and was cordial ly received by the leading men here He is very enthusiastic about Birmingham and never fails to boost" this district