The Birmingham age-herald., 1924-11-16

way the frightened youth.
 But the busy executive acted quickly.
 le immediately got the department
 sad on the telephone, told him that
 lis was the kind of fellows they want
 in the business and that, of course,
 me must be given him to take his
 nominations.
 Although the boy hadn't even com
 Eeted grammar school when compelled
 start work with this organization as
 h office boy, he had studied diligent-
 I at night. He duly passed these ex-
 i-1inations, and again in the evenings
 Eudied so hard that he graduated from
 be New York university with the de-
 ree of LID.
 his ex-office boy has been elected su-
 reme head of the huge organization, ! h succession to the busy executive he
 'emblingly approached.
 The ex-office boy and night student IN Ernest Sturm, just elected chairman
 f the American Eagle, the Continental Ind Fidelity-Phoenix Fire Insurance
 bmpanies to succeed the late Henry Evans. This is one of the most im- Iortant positions in the whole fire in Iprance field.
 Isngly might be entitled Success Won S't Night" Not only did MT. Sturm ziain a thorough education wholly by fight study but the big work which
 Brought him prominently to the atten-
 Ion of the head of the business, was
 one with every encouragement from S Is wife, at night-with Saturday after
 oons, Sundays and holidays thrown in. It came about in this way: MT. Evans
 ad occasion to go to Europe. This lert young man conceived the idea of keeping his boss posted on what was Eoing on in this country while he was
 way. So, he started writing compre- Rensive weekly letter. MT. Evans was Relighted with 1t and he began let Hing other Americans, visiting Europe, lead it. When he returned MT. Evans *lsked Sturm to continue furnishing him \ weekly analysis of business develop <nents. Others begged MT. Evans to let hem peruse it. The result was that it svas extended into monthly publication pf otket size, called Business Con 2litions." It became easily the best
 hing of its kind published in America hnd won for its author an uilicue repu- 5ation.
 MT. Sturm was made financial secre- ary and developed such brilliant abil- Ity for analysing financial conditions And the millions and millions of invest lnents owned by the companies, that MT. Evans learned to lean more and more was still in his thirities.' MT. Evans made him co-executor of his will and when MT. Evans died this summer there Fwas nobody but Ernest Sturm even considered as a successor. Sturm is bnly 46.
 One of these days cotton is likely to boin Wall streets bullish party"
 "He is the best purser on the At FanticA" declared General Manager Ross bottom, of the United States lines, when Purser Decaro, of the Leviathan, passed our table at the annual dinner and dance of the United States Lines employees on board the Leviathan the other evening. Whenever anyone tells me what wonder some other man Is, l usually ask for a sample.
 Here's the first incident that comes 10 my mind," said MT. Rosbottom.
 "A substantial American citizen en- tered our grain office and booked pas sage on the Leviathan on the strict that he would be given a bed more than six feet long-he was a giant, Enraged, he bawled out the purser because his bed wasn't even six feet long. Decaro very politely assured him everything would be made all right before bedtime.
 Every. stateroom was occupied; but this didn't phase Decaro. After ran SdChlH6 IL lldSAcu lULO HIS mind that there a six foot two inch bed In the captains quarters. Up he went 10 Captain Hartley, told him he was going to swipe this beed and before the lanky passenger had finished din ner, the long bed had been substituted.
 Next morning the passenger came to Decaro, explained that he had had a few drinks before corning on board and that he found he had been entirely mistaken about the length of the bed. When he got into it he found it was all right; he was sorry he had made such fuss.
 And to this day the man doesn't know what happened.
 Don't forget that stocks can fall as we'll as rise. Conditions are such, how ever, that the fall, in good stocks, may not come for quite a while.
 Edward H. Clark, the New York fi- nancier, back fDom a visit to California, states that after having suffered several it's customary prosperity. The other industries, has been effectively and both the national and state cleo business people. There are probably fewer really poor people and more gen eral prosperity and happiness in Cali Pornia than in any other state of the Union," was MT. Clafk's verdict.
 When New Workers become blue, I wish they could visit California. That