davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
A Progressive House.

Sells everything On wheels, that's
more than a caption, that legend; 1t Is
the motto. the trade slogan, as 1t were, OF
that aggressive and enterprising Mobile
carriage and wagon hotse, the Messrs
Bloch Bros. Nj. Jacob d. Bloch SO
frequently mentioned elsewhere IN U,ls
article. is the senior, and Mr. Adolph d.
Bloch, the junior partner, IN thls I'M
portant factor OF the business ne OF
Mobile When il was founded, In August,
1883, by the father Of these senueinen;
MIR Daniel w Bloch, they and a third
brother were associated with HIM Ihe
father died two years later, ana some
six years ago one OF the DrotneIS' M
Samuel Bloch demised, leaving the pre-
ont members OF the concern TO foster ana
maintain the deservedly high reputation
and wide influence they bad helped 70
establish for il. That the Survivors nav ,
fulfilled the trust is amply ana eioquentP
testified TO by the present standing or tue
house by its constantly widening sphere
of influence. by the up-to-datedness 81
It's appointments and stock, ana by W
conduct of the business, as wen as y!
the esteem in which IL is held by tne
community OF which they are hohoreu'
and honorable. representatives -. ,..,,s.
While the chief trade of this big mouse
is. outside of this city-with Alaoaine'
Mississippi and Florida-it does some n"s.
ness with Louisiana and Texas. but ~
activities are not confined 10 these shoreS'
for il has trade with Central AmeIsl,cs'
I'm buggies wagons, harness ana Sauun,ys,
and occasionally. in log-cart wheels. Inc
Arm deals I'm farm wagons. ,automoolIes,;
both gasoleue and electric, buggles; anu
fine carriages. landaus. surreys ana va,
rouches. And IL is said to have the mos
complete and varied stock in the SCUM.
,rhe log-cart wheels mentioned are
specially OF the house, as are drsys anu
dump-carts. and are made from It's ON
designs and for it exclusively. While
II manufactures harness and saddles, u
NAV be said that it Jobs all eraaeS
and styles OF the latter only mdN'"-
the finer to order. I'm
This great house is doing IT'S fuII share
toward putting Mobile on the map. do1
e. Is constantly endeavoring TO expand
,ts trade, and is even now engaged IN
EXPLORING. through various agencies new
cnanish-A American territory. Not the-least
has fonnd II good trade ana proInp,,
In dealing with those people" as ~
senior puts IT, And his good word
may Ne added is esteemed here GER
ti6cat of character.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
HER INVESTMENT MARKET.

Regarding investment opportunity sew
fral OF the gentlemen before quoted may
be considered authorities. John 7. Schley
who, as is elsewhere explained. is gen
rraliy considered TO be thoroughly posted
IN the matter of securities. mentions
these a. finding the readlest market
Mobile Light and Railroad Company
trst mortgage and CONSOLIDATED DS SIs,e
bonds, Mobile Gas Companys bonds. Mo-
bile's electric bonds. Mobile City WI 1E
Az per cent bonds. New orleans. Mobile
& Chicago Railway bonds and Bay Shore
and Mobile & ohio Railroad bonds: Mr.
Butler believes Mortgage loans are both
safe and profitable The first because
values fuctuate little here, Mobile, unlike
most other cities. having no great inons-
tries which, subject To unfavorable sea-
sons. are prone at such times TO react on
all others, depressing them sympathet-
iically and unduly There are few
foreclosures here" he says. And the
fsecond because Z per cent interest -
lreadlly obtainable-in fact. is the prevail
ing rate Mr.. Burgett says safe mort
gage loans pay per cent 10 per cent
HDterpSt
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01

boating facilities offered by the broao
reaches OF Mobile Bay, and by the many
and beautifully forested rivers above the
city. AND 70 all these delights entertain,
i.nent by Mobiles enlightened, gay anu
'hospitable society. and her lovely winter
climate and il would appear difficult 10
find grounds for doubling the triumphant
success OF such bid for the favor or the
pleasure seeker or OF the fugitive rom
the rigors OF a Northern cline. Even tue
invalid would find here all desired com.
,Sorts ana attention in any one OF INC
ave ably Offered san!tarums
The Leisure Rich.
All this causes one to wonder thal MO
bile has not attracted 'and apparently
has made no effort 10 attract the leisure
rich. the class which has no homes. mas
Snly town houses. country seats,
Shooting boxes" and game preserves
IN both sides OF the atlantic. II seems
strange that with all these Inducements
4 winter colony Of that class has not loi <
Since been established here-espec'ally
Shen the healthfulness Of Mobiles anu
gidinous hill setting IS taken into account.
land Il would be as good a thlnS LOT
those who have an eye 20 business While
n search Of health or on pleasure Dent
Il they came. foI they would certainly
discover when OH the ground sale ana
promising investment opportunities in TINS
ture-to-be chief part OF the Gulf) fOT
,he benefit OF those 10 whom TINS mht
may appeal, the lana values that OBTAIN
in the sections-Cottage and Spring Hill
best adapted for marors and Tor VITA
Mites are given elsewhere.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Exporter, Importer. Jobber.

The d. r. Dunlap Mercantile Company
an importing, exporting and Joboing mouse
dealing in foreign and domestic drygooos'
notions and mems furnishing goods, De
gan Gin very modest way, as reedIus
stock and capitaD some twenty-five years
ago a business which, through tne e,h
pioyment OF enlightened and liberal metr.-
DDS has made IL most important FACTOR
I'm the commerce of this city. ..,.
OF the twelve or fifteen able. eXperl,,
anced and courteous gentlemen who travri
tor this fine old house are number WI, MI
are listed among its stockholders: I'M
not only puts them upon more dignineu
and responsible footing In their deainss
with others but imbues them with pIlde
I'm the establishments fair fame ana q
personal interest i'm It's success that lnures
10 the benefit OF the company, or us Gus
toners and OF themselves.
To-day. backed by liberal capital ana
carrying a stock ranging IN Naiue lo'
$500. 600 TO 100000. according 10 So sc
sons and TO business conditions VA
(now) big concern covers with us trau'
The states of Georgia, Florida. Alapana.
Mississippi Tennessee and Louisiana IN.
Antilles and Central America. In 'nss
latter recognizing Mobiles advantage "
position. II is making special eKorts ~ ca
tend its trade.) Ill. "a
IL is enabled to compete successfully 20
these trade territories as much through ~
having as a resident buyer In New io,nn
so skilled and experienced ana 80 w"
and favorably known representatiNe
William r.. Clark as through the supe,niIYIs
freight facilities and lesser rates Moo
enjoys and through the latter's icing
coign OF vantage with respect 10 the oo ,.at
tries tn the south. (The fact, TOO ,. ,nc'
Mr. Clark is one OF the company uli a,v
tors clothes him with discretlonsnsss,
power that enables him 10 be or grea.s,'I,
possible service To II and TO It's cu s'on...
II is said here that the just and cou,hsd
Gus treatment accorded customers mas mas
even more to do with giving THIS repsnr,
sentative Mobile establishment It's presen,.
enviable position. as one OF its greaar.,.
distributors, than all other forces , Iv,
bned And this is repeated here wi, WIZ me
prejudice to the business ability OF " , zen
+. o. Fowlkes. the companys presidents
James p. Moreland, its vice-president,. az, ar
l.. $. Dunlap. It's secretary and treasu''
or 10 the splendid corps at their paen'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01

This city is to be congratulated in the
possession of thoroughly well equipped
and well managed public utilities; pub
lie service enterprises that, indeed, have
been so courageously planned and so In
diligently constructed as 10 beft them
for the uses OF n far larger and far more
important Mobile.
Street Railroad.
When. in April last. the officers Of the
American Electric Railway Association
visited Mobile they congratulated the
head of her surface car system, j.
Howard Wilson. upon the. evident eff
cheney Of service provided by the street
railway company IN Mobile" According
TO the traction experts, Mobile is
luckier than many OF her Northern SIS
ters of equal population.
Although the system has fifty-eight
miles OF track. IT only has over all but
thirty-four OF route. double tracks,
switches. sidings. etc, accounting for
the difference The greater trackage is
thus divided: The Spring Hill division
kas seven miles, four within and three
beyond the city limits; the Whistler and
The Magazine Point divisions each seven
miles, five within and two beyond the
city limits. while the remainder OF the
thirty-four miles is more or less equally
divided between the shorter lines that
traverse every part of the city's resi-
Dental trade and manufacturing dis
trlcts. The more important OF these last
mentioned are, perhaps, the Dauphin
street and the Government street loop
lines running, as they do, one through
Mobiles most fashionable and the other
through its principal shopping streets,
and both Of them out to its lovely resi-
dence parks.
The policy OF the road seems to be to
build 10 attract settlers and not to
await their coming before building, and
that policy appears to have been vim
Il f~af Ah fnn Inc a LOT az
have done much to swell Mobiles popu-
lation.
The Electric Company.
The Mobile Electric Companys plant
may be considered typical alike Of the
high standard attained by this city's pub
lie service corporations. Of the farsight-
edness OF its proprietors and OF the
fearlessness Of the latter In backing
their Judgment This company is man
aged and operated by that giant concern.
H. NJ. Byllesby x Co, OF Chicago, which
has under their control some forty-seven
companies, furnishing gas. electric light.
streetcar water and telephone service
in one hundred and sixteen towns and
cities i'm the United States. They are
generally acknowledged 10 be the lead
ing men in their line in this country. 1t
is as significant OF the great promise the
future holds for Mobile-a promise
dwelt upon in the story OF this port
which appeared in a last December issue
of The New-York Tribune-as II is of
the foresight OF the Byllesby people
that, no sooner was the construction of
the Panama Canal definitely decided
upon, than they proceeded TO buy this
public utility, as they did that in San
Diego, Cal. And they have clinched that
evidence of their belief Ia this city's
great future by Installing here a, plant
which. IL is said. has no superior-tas to
the character Of its equipmentt rny-
where in the world That they ale pre-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Clearing House Comparisons.

LIABILITIES TO BANKS AND BANKERS.
Jan. l. 1910. Jan. /. 1911 Jan. /. 1912
$3.50, 5Il 10 sl56Is3 OF s2s4, 124 80
LOANS AND DISCOUNTS.
Jan a slS , e ae a1 1914 ian s,s c 59 2;
DEPosITs--INDIvIDUAL AND BANKS AND
March. 1910. January, 1911. March, 1872
1851. 2es q sl1.240, $50 80 si3.SIs, 900 SIS
printed a resume of the banking condi-
tons here, as compared with those OF a
year earlier; in this, deposits were dem
onstrated to have increased f.2,6,902 OF
this gain. 1915 per cent represented the
increase of deposits of one institution, the
First National Bank OF Mobile. Ala.
Mobiles Biggest Bank.
The First National Bank OF Mobile,
Mobiles largest and Alabama's Oldest ma
tional bank. was founded 1865. two years
after the national bank act went into
operation, in 1858 Its present capital.
100000. Is that with which IL started
forty-seven years ago. but its surplus and
profits, all earned. amounted to S6Ss,5s6 80
on the 4th OF September. 1912, and II has
paid out in dividends to its shareholders
N.176.000 since It's organization.
Clearly q well managed institution:
small wonder that its stock will readily
sell for 400. although its par value is 100
And this excess OF surplus and profits
over capital give II prominence among the
roll or honor" banks OF the American
Association of National Banks.
It's line OF deposits, $3.0V5,52g 20, on the
date quoted. represented an increase In
two years OF one and one-half millions
of dollars. 80 the Journal alluded to made
no mistake. In presenting 1t in evidence
as to the healthy growth OF this citys
business.
Its officers are Henry Hall, president;
]. Pollock, vice-president; Charles D. Will
loughby. cashier; f. ii. Shaffer and j. w.
Wolf. assistant cashiers, and its directors
are: Henry Hall; j. Pollock. OF j. Pol
lock & Co: Charles ID. Willoughby: l..
Hammel, of L. Hammel Dry Goods Com
pany; James T.. Mcdonnell OF James r.
McDonnell; ID. p. Bestor. jr.. of Bestor.
Bestor & Young; f. Forchheimer. OF
NJ Forchheimer * Co., and L. LeBaron
Lyons. ~ alabama Corn Mills Company.
zeesst Financial Institution.
Tne City Bank g. Trust Company. sue
eessor to the City National Bank, which
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
FINANCIAL INSTITUTIONS.

Mobile is amply provided with banking
facilities to handle her great export and
domestic trade, having five very substan-
tial and ably managed banks IN her clear
ing house. The comparison Of their bust
ness which follows will show healthy
growth.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Aggressive Hardware Sellers.

Although the youngest of Mobile 90
hardware concerns, the aggressive ke'H-
Brady Hardware Company has is'ss
and rapidly increasing trade In the e'S
and county and through Mississ'pr
Alabama and Florida, and some n'"'
with the West Indies. Its presidens
W. 4. Kelly. like Mr.. p. f. Brady -.
secretary and treasurer. is noted for -.
public spirit and clearheaded. well ~
forth opinions as to Mobiles need.
This .>apcern. besides Sapiling
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
HER BANKING FACILITIES.

There may be cities OF Mobiles cons>-
quence. which are better equipped as re-
CARDS the number OF financial institutions.
but any further comparison would be TO
Mobiles decided advantage-her banks
being particularly strong and well man
aged. one cannot do better than give
John T. SchleY's description as an indl-
cation Of the esteem in which these banks
are held by Mobiles business commu-
nifty: ",rhe Mobile banks are the cleanest
in the South; they work together har-
ANONYMOUSLY ard intelligently; they are no.
eral promoters Of worthy enterprises.
He describes their sphere of influence as
being all Alabama. Southeastern Missis-
sippi and a part OF Western Florida. He
adds that money rates here are the
cheapest an the wear round of any city
i'm the South" and that Mobile does not
90 to New York with transactions, as u
Is no longer compelled TO lean on that
financial capital of Uncle sam 5 domln-
ions" Mr.. Schley adds IAN the Mobile
bank stocks are eagerly absorbed here
Premium Bank Stocks.
Mobile has more wealth per capita
than any other Southern city" says
Major Glennon. And 10 this he adds:
Every merchant here discounts his bills
and our banks stocks are worth any
where from double their face. value 10
$50. These banks encourage industries,
and are liberal with rates. Mobile is well
heeled" financially. No mortgage loan has
come into my office in forty years that l
have had the least trouble In placing
here The big insurance companies could
do a lucrative business in Mobile. The
rates on loans are d per cent TO per
cent.
Give Staunch Support.
Mr. Jackson thinks money facilities
here are excellent and indorses Mr..
Schleys views. He adds: while the
banks here are cautious, once assured
that an enterprise IS o. X. plenty OF
support is forthcoming" AS an example.
he says, that during the panic OF 1877,
and the very day after the closing of the
Knick erbocker Trust, he was able 10
borrow large amounts at 8 per cent OF
these banks. which make loans at 8 per
cent to per cent on good security, and
don't make losses"
Investment Bank Needed.
Jacob u. Bloch thinks that one OF the
CRYING wants down here is an institution
10 make loans upon farms. In this Mr..
Espalla agrees with him. saying: Mo
bile's greatest need is 100000 trust
company to lend money to farmers. IL
could keep every dollar safely occupied,
and IT would have 81 realizable value be-
hind every 30 cents loaned. Such an in
stitution could double its money every
four or five years. These loans are pay
able semi annually in advance
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Cheap River Fronts.

c. l.. Spotswood is OF the opinion that
downtown business" and river front
properties are very cheap. In evidence
he cites the fact that although the build
ing 1.-TWO story and lot GA feet 'front.' bv
100 feet depth) occupied by the Mobile
Electric Company, sold for 5000 front
loot, a similarly improved lot 20 feet on
Water street and 80 feet in depth) oppo-
site the Merchants Bank land In the
heart OF the wholesale district is held al
only $36,0Vo while the solid brick three
story building go feet front and 40 feet
depth on the same street, next door 10
the corner OF ST. Francis, can be had Tor
$4,000 Also that about half mile above
Three Mile Creek a river front piece
running back LOO feet and through
which passes the right Of way or the
Louisville q Nashville, can be bought
for so front foot while another coo
feet front and LOO feet deep north OF the
-IarWell docks, Is held at only
500 600
Mr. Sims thinks the best line Of in
vestment is real estate. that being rela-
lively cheap, and safe 10 advance. lie
adds that while property owners arc 100
much inclined 10 hold on to their realty.
that which they do let go is sold at very
reasonable figures For the sake OF
prospective investors. IL may be well 10
conclude this chapter with the statement
made Oh excellent authority, that OF John
r.. Schley. that the corporate laws of the
State of Alabama are exceedingly favor
able to investment.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01

at the corner Of Conception and ST Louis
streets with lot Sgxl40 feet, borderlhe
which are many fine old shade trees, IL
could readily and ineXpensiveiy be con-
verted into public federal, state or mu,
nlcipaD office building cine. pressed
bricks were brought from Philadelphia,
the entrance door frame OF marble cost
s.. 800 and the chandeliers 500 each
Even the ornamental grill work OF the
Veranda is faced on both sides instead OF
on the outer only. as IL commonly the
case This property ~ held al SaOVO
the house alone cost $4,000.
Another low priced piece of properly IS
an entire square front. SO2Xll0 fett II
has S24 feet of solid masonry walls, 10
10 Is feet high. and substantial cottoh
sheds within. And it is only one oioch
from the Union Depot, and four from the
new Postofiicc. The walls and sheus
alone cost $1,000. yet the entire property
can be had for $4,000 the house alone
cost $4,000
Explaining that office buildings should
be erected. in this climate. on lots
facing south ana east. MAJOR Glennon
(who, by the way, says such properly
viii pay per cent net, and readliyl
cites a suitable piece on the corner OF
Conception and st. Francis. which can
be bought for SJ0.Vo0--the lot - OOx9O feet
also a similar piece one block north a.
Conception and ST. Michael streets, when
* held a 90
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Investment Bank Needed.
FINE PUBLIC UTILITIES
The Service of Each Is Excep.
tionallY Good.

This city is to be congratulated in the
possession of thoroughly well equipped
and well managed public utilities; pub
lie service enterprises that, indeed, have
been so courageously planned and so in
diligently constructed as 10 beht them
for the uses OF far larger and far more
important Mobile.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
In Undeveloped Areas.

Mr. Mechem says that In Mobiles
western outlying districts there are two
thousand TO three thousand acres, raw
and uudeveloped, and ranging in value
from $50 to $1,000; they are contiguous 10
street cars. If developed and marketed
gradually the return would be ten TO one:
lie saws Spring Hill acreage is valued
At 81 900 with fifth feet frontage on car
lines. away from the latter at 300 10
500 South of Spring Hill. the highlands,
back 10 MIX House Branch, is worth 80
TO siOo an acre. He adds. This will be
the most fashionable section of Mobile at
mo distant day.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Suburban and Country.

The real estate firm OF G. c. Mechem
was established some twenty years since
By the father OF the present head. Than
the older Mechem no man stood higher
win tie trade. AMI N;,n the coin,nu.nty
generally, and his son and successor.
who not only bears his name. but Is said
to have inherited the qualities that so
won upon the seniors fellows. has not
permitted the lustre OF the name to lie
d,mmed.
The junior. starting In the business q
few years after his father came here
from Galveston. has had good schooling
under the expert seniors tutelage, and
has borne no small part in the FIRMS
upbulding. Indeed, he was qualified 10.
and did, assume its management short
time before his fathers death.
The speclalties OF {. &. Mechem are
suburban and farm land properties which
II buys and sells for its own account Ii
Goes, annually about a hundred thou
san nj dollars, or more. business IN these:
and It's accumulated holdings are said to
he as extensive as they are valuable.
The suburban lands are sold 10 Mobilians
principally for homes Ii has laid out
about eighteen subdivisions thus far and
To these IL Is constantly adding. The
farm lands, with rare judgment. coupled
with a Keen sense Of responsibility, G. G..
Mechem will sell only to farmers-not To
people who are yielding 10 the clamor.
back to the farm" but 10 skilled and
experienced farmers, who will Use these
lands to the Joint advantage Of them
selves, OF Mobile County aud cf the city
itself.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01
Activities Arc Many.

Some thbty-fve years ago there was
established here a concern 10 the founder
of which Mobile owes many OF its most
progressive steps, the firm OF Joseph Es-
palia, w. * Co. The first OF the CONNER
cial bodies here--the Commercial Club.
merged In the big and influential CHAM
after long and efficient service In the
promotion of Mobiles material interests
was born OF tho founder OF that concerns
(Mr. Jos. Espalla) suggestion. and he was
its first life member. In 1887 he raised
fund TO survey and start the Northwest
ern Railroad (now the Mobile division
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-01

Major Glennons pronouncement on
realty values is something Few, II any,
would have the hardihood 10 dispute.
Therefore, his statement that There are
fifty pieces OF property in the business
sscffcr that can be had at less than the
cost OF improvements on them sh2uld
hold out tempting bait 10 those seeking
safe and profitable investment conveys
q valuable suggestion.
some few Of the fifty or more pieces
each OF which he unhesftatingly describes
as pickup" are here mentioned:
stately house Of magnificent proportions
within a half block OF the new Postofhce.