The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1898-09-16
our Export Trade.

An export trade almost double that
IN imports Is the noteworthy feature
OF the Statistics OF the foreign com
mercc OF the United States for the
fiscal year ending with June. the pre-
llminary figures OF which have Just
been given out by the treasury de-
rartmont. Tho excess Of export over
import trade measures the volume Of
money or ealablc securities that flows
into n country. when money flows In
industry quickons. expands. This g.
what has been happening, Industrial
activity In the United States Is far
more general and vigorous than tho
chronic growlcr 10 wilkins TO admit
This Is a big country. and great deal
OF business can be going on without
amy particular noise or stir being
made about II. In the state Of New
York not less than 1890 new manu-
featuring concerns have started IN
business this year. and 1900 old Arms
that had closed their doorB have re-
sumod operations. Some 400 manu-
facturors applied for permission 20
run their plants overtime. and $4,000
extra hours OF labor IL the record Of
these frnia. In comparison with the
figures OF 1897 some 10000 moro per.
sons are now employed In New York
than In that year. Instances OF like
nature might be multiplied IN which
the hands employed by some firms
have been nearly doubled, one steel
company alone adding 1900 men TO
Ito pay roll. In Pennsylvania the iron
Industry "a In good condition. Ex-
ports OF Iron and steel products are
going forward with their usual FREQ
dom. despite the war IA one trade
authority says: RAILROAD and atruc-
turai work IA being turned out In con.
siderable volume and shlpbulldIng "a
also active, while exports Of finished
products continue on liberal scale"
Many mills and furnaces still have or
dera on hand sufficient 10 keep them
busy for months TO come. Labor Jour.
nails that devote much space TO mat.
ters pertaining 10 tho iron Industry
contain few notes OF reductions Of
force or hours. or Of suspensions. but
many OF Increased force. added hours
and resumption. Tho condition OF the
Iron and steel interest II Justly re-.
EArdsd as a faithful barometer OF the |
general situation. hence the present
improvement is highly agreeable TO |
people having no direct connection
with the iron and steel trade. But |
all tho iron business IL not done IN |
Pennsylvania. Thus, IN Colorado. a |
new steel rail and iron m,u has had |
a market for all manufactured iron
II could produce. In tho South the |
output Is constantly increasing, The
greater part OF the increased demand
that has made this general revival
possible has como from abroad. I'm
Ter present conditions that's the only
place Il can come from. And revival
In cotton, shoe. hardware. and about
all other interests must come the
lame way. II Il IA TO come at all. It Is
worthy OF note that as soon as San.
iago had been taken ships loaded with
general merchandise set out for that
own from every important point on
he Atlantic coast. Tile cargoes were
lot for Uncle Sans use, but for sale
o tho merchants Of that once spaniah
ity. Trade began almost literally as
Don as the stars and stripes had
zen run M. and the news reports say
hat the Spanish merchant is elatod
I the prospect he has OF doing big
usiheas. He cen buy lower than he
etore could, and can sell accordingly.
10 may be the scion OF an intermln-
bly, line OF dons. but that doesn't
reyent him from seeing on which
de his bread Is buttered.
While our exports far exceed Inn
orts. the prices We receive are grad
ally growing less. Everything we
md 10 England goes TO pay interest
harges on English loans here. II
rices continue to fall, the excess OF
Sports will soon measure far less in
ollars and cents than imports.