| OCR Text |
Show Tuesday, March 16, 1915. JOURNAL, LOGAN, UTAH. TIIBTRI-WEEKL- Y A has for us. The worlds finan- pound sterling is $4.86 5--8. SUPREMACY few weeks ago the exchange rial capital has shifted, or is value of the i pound sterling shifting. From the standpoint touched the low record of $4.79.1 of the y money market, New AMERICAN The same condition, differing j York is now in Londons former only in degree, is reflected in t place, or will be before long, in exchange-rate- s Germany, provided circumstances do not . i France and Boston shake our neutrality jnthe Eur-- j As the Italy. j News Bureau remarks, thel.opeanJW ar. ' With theAmerican dollar at problem that was'-ou- rs in Aug-- ! The American dollarisbig-- 1 st is Europes in February, 'ger than ever before, remarks a premium .in the worlds of balance the the and main difference being that the New York Herald and in changes our an unprecedent predicament then, though The World we read : trade showing the side The scramble for American of was bound to be brief, the acute, credit ed pn United States, editorial observ- while Europes is problematic-1- , dollars or American credit is ers are ' congratulating tins ally indefinite. Something of practically universal and has country on the financial ascend- what the present exchange become more acute. To-gmeans to the United er, the belligerent and .other ency thrust upon it by, seven f months of European warfare. A States may be gathered from peoples are offering unheard-o- f shake their the, following paragraph in the j prices in - their own money. however, few, They, do not want the dollars to heads apprehensively because New York Commercial : ; to due is - at a take away They: want them With xchange-rates r this ascendency uncertain duof causes ndrmal point that should drive gold lh- - j here and to be spent here. Un ex- to New an i& accompanied by York, we will be able to able or unwilling to send their ration, treme stimulation of certain collect interest from the rest of own gold, in payment . of -the OFTHE PAGE THREE I - , ex-ju- -- et , - -- eith-situati- on -e- ; When Good Fellows Get Together branches of Pur export tradetthwdrld on burbwrf' termsrtehormous pulrchasesmade- to rather than by an even expan- just as London has been doing supply their war and other sion of our commerce as a for a century, ' Great Britain, needs, they are willing to sacriwhole, and may lead, they fear, France and other Countries fice great sums of money- in to a dumping of American must " pay us for our forbear- substituting promises- to pay securities by European holders. ance in not demanding " our gold later on. for, golden pound of flesh if they During January alone they Ignoring these misgivings the moment, we find the Chica- can not ship gold. Their only took' from the United States go Herald declaring that while other loophole is to sell back to $145,500,000 worth of goods we have been Waiting for news us the American securities above what were paid for in exone for of a decisive victory they hold In sufficient ' volume ports to the United States. Af- side or the other in Europe, to coun&gr balance the fast- - ter.making all . allowances for a great yictory has finally been growing balance of trade inour our current invisible indebted a victory favor. Such sales are being ness abroad, this repesents an won in America wvhich throws back the forces made every day, but not in suf- accumulation of American credmenacing our industrial and ficient volume to steady the it against the otside' world at - ftifSIgW-excha- You will find d cigarettes of deliciously mellow Bull Durham in evidence at banquets, club smokers and other social gatherings of men of wealth, prominence and experienced tastes, n the fragrant smoke of this mild, delightful tobacco formality gives If you would be fashionable, way to congenial and in the expert company of connoisseurs, you roll your own your tobacco is Bull Durham. fresh-rolle- good-fellowshi- GENUINE n: wani'n.urJfinandaLsy5tem.iias. so successfully weathered the complicated J, affair says The e ad unprecedented command storm that .we have become, Commercial, but it neverthe- - of the worlds exchanges from for the time, at least, a creditor less depends on simple ' prin- - New York, an increasingly instead of a debtor nation. ciples. In illustration, it con-- 1 powerful tendency from sterl- ' The financial center of the tinues: lng to dollar exchange in settle- the worlds trade bal- world, remotely following the When a wealthy London ,f has of westward course empire, merchant buys large quantities t been given .a tremendous push, of merchandise inNewYork and .' Theodore H. Price, a fi- in this direction within a few sells little in return,' he owesPa cier , forested in cotton, months, says the New York money in New York on which j ,rair?sl estimateaoum World, and it remains for , , interest he must pay until hej e. oa liberalized pol- settles the bill. If he owns Am-- 1 a international icies of trade and finance, to erican securtities he can sell account current for the year see that this financial center them if their price 'rises to a 1915 Will exceed the by at least stays where the great war' has figure' that satisfies him. That record 000. Mr. Price adds: . planted it. is London individual mrchant What we are doing is in ef- Six months ago we were Great Britain and the rest of exchanging merchandise at heavily in debt abroad; today Europe rolled into one, for what case R debtthe world is becoming our applies to one man is true of an SMOKING- - ! empire-o- r a.xontinentIa.norm-Ja.nP-ef.rif- P tobacco To millionsof experienced smokers there is no other tobacco fragrance comparable to the wonderful, unique, mellow-sweflayor of Bull Durham no other cigarettes so fresh, tasty and satisfying as those they roll for themselves with this AAr free J .orIThishaBgfcfrom debtor to that of creditor is the p. et an' golden-brow- n, tobacco. bright Virginia-Nort- h packet 'achscad, Carolina Roll a Bull Durham cigarette today experience a distinctive form you-wi- ll. enjoyment. of-tobac- co An Illustrated Booklet, showing correct way to Roll Your ' Own Cigarettes,' and a pack-age of cigarette papers, will both be mailed, free, to any address in U. S. on request. Address Bull FREE '. Lhe depreciated values caused result of an abnormal demand If by the war borrowing. for our commodities on the part arithmetic is fallacious not.a of Europes warring nations. other settle their accounts The .. Durham, Durham, N. C.1' he be should exchange i to demand So great is this 1rn,ce one that has sold the other less that, THE AMERICAN TOBACCO COMPANY advantageous to the quote the official statement of jinan he has bought pays the highly United States. our Department of Commerce, difference m cash. The Springfield Republican hi six month since August last At the present rate our e that the low level - of WEEKLY1 NEWS LETTER- - - -suggests balance-, 1 has ports will exceed our imports r monthly trade is not due r. ' exchange of reign excess shifted from an a billion dollars this j, $19, OF THE U. A. C. the enormous balance of Our banks are able to fi- 400,000 on the import side to .the United Health and Comfort of the av?r an excess of $145,500,000 on' nance this trade and the world to a but also states, Fowls. quiet trans-lothe export side, exceeding that knows it, the proof being the j much private capital In the construction of a good shown by 'any previousmonth rate of sterling exchange er in the countrys history. This, and their forbearance in not de- - .rom the countries at war to chicken house provision must Logans American financial centers in be made for an abundance of remarks the Nevf' York Even- manding gold. Independent insure its safety, This money is going into the orer sunlight, according to the Pouing Mail, is the index of the Dentist to who critics those new prosperity offered to this' pockets of the farmers, the!. Turning ltry department of the Utah to see an unmixed bjeping Agricultural College. This item nation by events beyond its own j manufacturers and the mechan-j,- 1 My aim is to give every one a square deal. I expect my our enormous trade balance is the third essential for healthin control. The same paper goes ics producing what is exported, work to be satisfactory, and my charges to be entirely fair. in and the dominance of the ful, vigorous stock; the others on to say that the foreign .de- - and the 'farmres are receiving One operation will convince you that Know My Businn.' mand for our goods is increas-- 1 at least a billion dollars more American dollar m foreign ex- -j being dryness and ventilation, c Consultation and Advice Free. we find the Philadel- - The open front has become very so cniinge, should which rate a seasons last than for at ing products Office over Howell-Cardo- n Store. Cor. Main and 1st North Quirer complaining that popular and the house should stimulate our industries as to they ever got before. Dollar ex-- 1 enable the nation to throw off change has come into its ow-- . the increase m foreign trade j always face to the south. The only partially restoring do- -. opening should not be too low, quickly the burden of unem- all over the world, and at pre- " conditions to or the snow or rain will drift in ployment under which it has sent our foreign trade is limited j es'c business anc ew 1 . and dampen the litter. OO A Year Dividends! Can easily be made bent. . in, 1nFla only by the available cargo Times we read: The United States posThe direct rays of the sun not MOTION PICTUKESv Oreatest Business on Earth for Making Money. In the same six months trade is best. when LET YOUR MONEY BRING YOU IN A GOOD LIVING. make the house warmer ing which the main currents of Jsesses tremendous wealth, and it isForeign in full volume on both sides only interior dry and A few Shares left for sale In what will be one ' of the biggest comto recent riches additions these but the our foreign trade were reversed keep the account, and does not cre- are the best disinfectants and panies in the country. foreign exchange swung .from! are still liquid and should be in ate huge balances which WRITE TODAY for full particulars. germicides that we know. They the highest to the lowest levels 'active circulation.' This surplus not be settled in the way of a(j materially in preventing diSATCHWA FILM CORPORATION ever recorded. Thus in August, wealth should now be pouring natural trade. January s for- - gease. Very much glass space as the New York Commercial re into domestic trade channels. Mining Exchange Building, trade is unbalanced - on is' undesirable not alone because Salt Lake City, Utah. minds us, it cost seven' dol- When the flow starts business eign sides. The exports are 0f the additional both This be and for will used city surroundings backgrounds in making will All and boom is .that expense overnight. lars to remit a pound sterling ' could not in advertisement world swollen the foodstuffs pictures. Biggest which from New York to London, al- needed to open the floodgates is make the by breakage, but it is estimated buy it. Support the home company. Share In theMoney profits. , great cost of burdenliving allows about 4 times that glass though the normal value of a a little more confidence. some there, as in the So far as trade with the as much beat to escape from United States is concerned, ex- ed countries. Imports are di- - the building as the ordinary minished because the warring board wall. In this respect it is Buy Levi Strauss & Cos plains the New York Globe, countries have nothing they not much better than the musGerman currency is at a 10 Two-Hors- e Brand can send us. . lin curtain and op summer days per cent discount, and British we. If 1 continue LOS ANGELES and French currency at a per selling with- the curtain may be raised to alOveralls cent discount. And in the New out buying low the enter to .suns proportionately, rays and return foreign prices wil continue tj without reflection in any Sun we read: For Your York rise in their money, and even , American dollars are in treRound Trip Direct or through demand all over the also in ours, so urgent is buying mendous Tree Trimming Time. r. Boy The rule is to trim trees at wbrldrThey have never" beefi so in watMimesHt is &' case where From SAN FRANCISCO badly wanted as today, and if both buyers and sellers would any time during the dormant Made with wringto have prices kept more season, and this is from the Visit both Expositions Logan ing white drill all signs do not fail the limit of prefer normal.' not is demand even them nearly for time in off leaves the patch the pocket (not now open The excessive price and vol- fall until the drop , buds begin to pockets that to fanitly visible. . bread-stufume our of of can The of the rest worlds exports Limit 3 months burst in the spring. The best quickly wear not now send us goods in quan$55,687,445, or more time, however, is during the through). . Stopovers as desired tity to square its obligations. It than double any other January months of February and March. are but little cash, directly and logically con- One or two general rules should A new pair oen part with ljut we do not require gold. We nected with th6 daily declines be observed in .pruning any tree TICKETS ON SALE DAILY have enough of that and to of American securities. . . Buoy- advises the Horticulture despare. What we can do is to ex- ancy in foreign trade is, there- partment of the Utah AgricuMARCH 1st to NOV. 30th if they rip tend credit which will tempor- fore associated with depression ltural college. The limbs should Write for Exposition Booklets in the stock market. be cut off as close as possible to arily solve the foreign-exchanAn excessive cost no on we go foreign credit the stem and the cut should alpiling problem, And if more than up international credits in 'suff- is a blessing which we would ways be painted with a lead or For particulars call on nearnest Agent icient quantity we will eventu- gladly exchange for domestic creosote paint to prevent funordinary Literary Digest. gus diseases gaining entrance overalls. ally acquare a control of the In- prosperity. Or write which ternational exchanges i Have you ever noticed how to .the wood. This Applies partiafter the war no other nation some folks seem to run out of cularly to wound3 that are two J., H. M and er field . inches . more or in diameter. may be able to dispute. . conversation as soon as they This at the bottom is Jthe tell A. G. P. A. everything they know: about heinsistent-classiftedadverce and important-significanreal themselves. Made and Guaranteed by tiser wins just as the insistent that The fall (im 1 the British Salt Lake City LEVI STRAUSS & CO., in French Answer the classified ad man or woman3 wins everything sterling, pound SN FRANCISCO ' francs, and jn German marks that seems to be aimed at you. else in life. ex-th- ( -- on-yea- DR. A. W. by-atlea- ENSIGN I w . ! i j n i dur-roo- m. -- war-afflic- to ... . .... fs r, f FREE ge -T- |
