The Birmingham age-herald., 1914-09-30
BUY-A-bALE CLUB
 VERY SUCCESSFUL New Members Ready to Take Distressed Cotton NO ALARM Is FELT Letters From Various Foreign Firms Are Optimistic in Tone and
 State Cotton Crop Is in
 No Danger
NO ALARM IS FELT

The Jefferson County "Buy-a-Bale'' ciuo continues to gain in membership ana W. K. Everett. assistant secretary of the Chamber of Commerce, who is handling the affairs of the club as act ing secretary. is taking all the distress cotton that is brought to him.
 Merchants and business men in Bir- niinsham are manifesting great desire to handle all cotton the holder of which Is obliged to sell by obligations or for other reasons and are apparently de- telmined that none of this in Birming- haul shall be forced on the market at lower figure than 10 cents.
 An aspect of the situation which has impressed members of the ''buy-a- bale" club is the readiness to aid of foreign concerns which, while indirect- ly affected by the situation, do not feel the stress as keenly as do the southern people, Not day passes. but what several companies notify the club that in accordance with a plan of buy ing bale from each customer in the south they are ready to purchase Bir- mingham cotton.
 
 Joining the club and purchasing a bale CT cotton here yesterday were the fol- lowing
 The Age-Herald was in receipt of the following telegram from Ernest Williams, president of the Chamber of Commeree of Lynchburg. Va.
 The commercial interests of Lynch- hurg in furtheiance Of the 'buy-a- hale-ol-cotton movement are today placing orders for 25O bales of cotton at 10 cents. You are hereby authorized to place an order for 15 bales of dis tiess cotton, basis good middling, with the bureau of your community having the matter in charge. Have draft made on this association for the amount, in cludirg insurance with receipts from responsible warehouse company at tacned."
 The Age-Herald was also in receint of letter from the American Sanitary corporation of Memphis in which the announcement was made that cotton would be accepted by that corporation in trade on a basis of 1s cents per pound. The letter follows:
 We arc sending out letters announce ing to the trade that on and after this date and until further notice we will accept cotton on account and in ex- change for our products at 13 cents per pound. fob. Memphis. There is no oc- casion for alarm at the outlook for King Cotton. That we believe 1t Is as good as gold. currency or any other character of money is shown by the fact that we will accept it at what It Is ieal1y worth regardless of market quotations, war scares or the views of speculators. calamity howlers or pes simists.'
 Warner Bros Co., of New York, cor f.,.. nounoed through Louis Pizitz that it was buying a bale from each customer in the south, which number hundreds, and purchased one in Birmingham
 simon Aschur Co. of New York man ufacturers of knit goods, announced through Caheen Bros. that 1t would buy a bale. bale is being purchased Is the second bale bought here by the company, the other having been taken through J. Blach & Sons.
 The B.. r. Goodrich Co, automobile tire manufacturers. announced through its local branch that cotton was being purchased through Southern customers and the local manager bought bale.
 New Birmingham members of the were:
 Merchants and Mechanics Trust and Savings bank. Raul Lumber company the Empire Laundry. Charles Rouss of Ensley Harduvel1- Co. of Ensley Tony Schilleci. Jones Valley Distilling company. A. R. Walstrom. and Brad lev x Kerr
 There will be a meeting one night this week of the special committee ap- pointed from the league to write let ters 10 all interested In the cotton sit- ustion all over the United States. At the meeting the letter to be sent out will be drafted.