South Bend news-times. (South Bend, Ind.) 1913-1938, 1914-12-12
SOUTH Blenders
HEAR Of GERMAN
TRADE CONDITION
American Association of CON-
merCe in Berlin Sends Report
of Financial Situation in the
FatherIand to Local Body.


conditions IN Germany compiled by
the American Association of Com
merce and trade at Berlin, was re-
ceived by the South Bend Chamber of
Commerce and different business men
IN the city this week after II mad been
forwarded TO Italy and thence 10 the
United States and 10 South Bend.
The report contains a summary of
the conditions of the money market,
statements of the German war loan;
prices of food stuffs. industrial situa-
sion, the general appearances in Ber-
lin, treatment of foreigners, postal
connections and remittances OF money
between the United States and Ger
many, business failures in Germany,
and a statement about the association.
Similar reports will be mailed
weekly to business men, manufactur-
ers and others in America, who desire
the Information, on application by
mail to the association at Berlin. The
prime motive OF this effort lies in the
tendency of the association. culminat-
ing in the fostering OF the commercial
relations between the United States
Germany and the encouragement OF
the mutual business relations.
1t is believed that after peace has
been restored. the American exporter
will find a more ready market and
fertile field for his goods in Germany
than ever before, and it Is the desire
of the association 10 maintain and en-
courage it.
Bank, Conditions Favorable.
The condition of the German I'M
perial bank, which at the outbreak OF
the war was very favorable, has since
steadily improved. according to the
official report dated oct. 23, 1914.
The amount of specie increased during
the time between oct. L and IS, by
334.COO.OOO marks Circulation of
notes, however. decreased 932, OOO,OOO
marks, which means that the gold re-
serve covering these notes has IN
creased from 444 per cent.
Part of the report follows:
"On oct. rs the German federal
council prescribed maximum prices
for wheat. to take effect NOV. Il. The
maximum prices for home grown rye
differ in the various German provinces
but keep within the limit of between
ZO9-237 marks per ton. For instance,
the maximum price for rye in Berlin
is 22O marks per ton. The maximum
price for home grown wheat amounts
to 40 marks more than that of rye.
Even in view Of the fact that Germany
imported about 100000 tons OF
wheat from the United States in 1918,
he supply statistics show that the
German supply of wheat will sufhce
until the next harvest.
lone Of the foremost companies
supplying war material. especially
metal. reports that should the war
extend a great length of time, suff1-
cient supply of copper is on hand, and
also the company is in position 10 sup
ply other industries.
ct is remarkable to what extent
normal conditions have been main
e-.~, hn hnC nil
of hostilities Theaters are open and
fairly we'll attended. Railway con-
nections on almost all the main lines
to and from Berlin are well main
tanned
Not IncOnvenicnced.
Contrary to any reports which may
have been published, foreigners, ana
most especially americans, are not
put to any inconvenience whatsoever,
and are going about their business as
usual. Even English business men
and natives of other countries at war
with Germany, are permitted, with
very few exceptions, TO move about
freely and attend to their business and
private affairs without any fear OF be-
ing molested. There are in Germany
several large concerns representing
English interests, under English man
agement, and working with English
tinuing their operations as before, the
only restriction being that they are
under supervision of the German gov
eminent. No English or any other
foreign property has been seized by
the authorities.
During the month of September
476 failures were announced. an in
crease of "a as compared with the
preceding month, and a noticeable de-
crease. as compared with the month
of September. 1913, when $50 failures
were recorded. This favorable show
ing is largely due to the organization
of the bankers and special institutions
of credit Established since the out
break Of the war. The German fed
eraI council, in case of insolvency or
pending insolvency OF tradesmen or
manufacturers. has undertaken the
supervision of such concerns IN order
10 prevent possible failure.
On Boycott Subject.
The association recently published
a circular which was distributed
among large German concerns and all
the most important chambers of COM
merce in Germany for the purpose OF
ascertaining instances where American
goods are being boycotted in this
country Numerous replies were re-
ceived from all directions, and among
them letters from chambers of COM
merce in leading industrial centers,
which. without exception, exclaimed
their surprise at the mere suggestion
Cf boycotting American goods, and
stating that in the respective districts
TO such thing had come TO their at
tention. and that, on the contrary
German business circles are doing
their best to maintain and extend their
connections with American trade.
America should take the same friend
IL attitude towards German products
SHELBYNILLE.-M Ona' Worries
wants a divorce from Allen +. Worries