The Birmingham age-herald., 1915-11-02
TALBOTT DENIES
 H|NKEY WAS FIRED
Assistant Coach of Yale Says Wilson Had Not
 Thought of Doing So

New Haven, Conn, November 1.-Nelson
 A. Talbott, an assistant coach of the Yale
 football team, and the official press rep
 resentative of the eleven, denied tonight
 that Frank Hinkey had been deposed as
 head coach, to be succeeded by Tom Shev-
 lin. Talbott's statement follows:
 Frank Hinkey will be head coach of
 the Yale team the rest of the season
 Tom Shevlin has been asked to come back
 tc coach but not as head coach Hinkev
 was at the field today Some man may
 be asked to act as field mashal, but
 Hinkey will be consulted in every move
 made Captain Wilson has not thought
 of putting Hinkey out and putting Shev-
 lin in. There is no truth whatever in
 the statement that Shevlin will take
 charge"
 ,-~~~~~~~>~~>~~~~~~>~ terest showing the best since the war
 began as compared to the correspond
 ing month of previous years
 The average price of 50 miscellan- eous selected stocks on the first of the
 month was 100.S3 compared with 90.54
 two years ago. No comparison can be
 made with a year ago because the ex-
 changes were closed. The average price of a selected list of railroad bonds on the first of the month was TITS com pared with 76.S0 a month previous and S5.S5 two years previous. During the month 20 railroad stocks increased in price from 93.91 on the first to- 97.93 at the close. At the same time 12 in- dustrials rose from 100.S5 on the first of September to 11022 at the close of September.
 Business failures for September num- bered 1888 with liabilities of less than
 s15, 000,C compared with 1491 year ago with liabilities of $2S,000,00 This great improvement in the failure sit uation needs no comment but indicates a solidifying of the business fabric. The general crop situation is well known to the business public and no figures are necessary beyond the state- ment that we have altogether the larg- est crops in our history and their to- tai value also exceeds all previous rec ords. Some figures on cotton will be interesting as cotton will be second only to wheat in total value exported. Of the new crop 2,90O thousand bales were ginned up to September 25, com pared with 3394 thousand bales year ago. Exports of cotton for Septem-
 Der were 502 thousand bales compared with 126 thousand bales a year ago. The number of cotton spindles active during September was 31,295 thousand compared with 30,307 thousand a year ago.
 As noted earlier in this report, our exports to the neutral countries have declined instead of increased and there should have been material increase during the past year. The principal countries of Europe have invested per- haps s5,000, 100000 in South America and by this means have built up an important and substantial trade with that continent. Any material increase in our exports to South America must be preceded by the investment of cap tta1 in those countries
 It should be our present and great est concern to take advantage of the home trade possibilities just now be- fore us as never before have the peo- pie of this country had the money with which to indulge their needs and their fancies as they have at this present moment. A few isolated cases of unem- ployment in a few scattered cities should not be a sufficient argument to cast any doubt as to our trade pros poets with our own people, Whether we deal in necessities or luxuries, whether in steel, building materials, furniture, clothing or automobiles our opportu- nity is now and the internal trade of the United States between this date and the New Year bids fair to set a record far above the previous high mark. Conservation is advisable now as always but with the exception of a few lines of trade the business is to be had if the proper amount of energy and effort is expended. Respectfully submitted.
 BIRMINGHAM TRUST & SAVINGS CO.,. Compiled October 21, 1915.