davidaulloa/AmericanStories huggingface dataset:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
murphy s Co.'S Cotton Letter.

New York. Nov. 9.-The Chronicles
report for the week referred to the Ell.
feet of killing frost at number OF
nlaces. which was news to many IN
the trade. In fact, the showing was
nretty poor one, but the persistent tao
tics of bear leaders to discourage buy
ers in the prentended belief in an enor-
nous crop has been a great obstacle
to the support which conservative peo-
ple feel the market deserves. Statistic
ally. the situation is strong, and if all
we hear as to the extent of the short
interest is true, we shall witness a bull
market of magnitude in the course Of
time. True, believers in a crop of over
ii 900 900 are numerous, but those who
cannot see over 10,50o,O00 or less, are
equally numerous, and the latter have
the advantage of small movement
so far, and the additional advantage
that points to top crop Of small dl-
mansions even under most favorable
weather conditions, the remainder OF
the season In the Liverpool market
yesterday prices were a point higher.
The chances are for a decreased move
nent the coming week, although it is
too early to expect much falling Of in
too early to expect much falling off in
receipts New York opened at an adj
vance of / to 8 points on small deal
ings. Both sides are extremely eau
tious. but bear houses were advising
customers Of the possibility Of better
market in view OF the decline already
established, which they believed was
all that should be looked for, taking
into consideration the fact that receipts
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
NEW ORLEANS CoTTaN FUTURES.
New Orleans, Nov. 9.-Cotton flu
lures quiet and steady


New Orleans, Nov. 9.-Notwithstand-
ing Liverpool was about as expected
our market opened 2 lower and subse-
quently declined additional on realiz-
ing. Fresh buying and shorts covering
later on the light Houston estimate for
Monday, superinduced an Improvement
of from the bottom. Easiness again
set in near the close on the large New
Orleans estimate, reducing the net gain
to only points on the day. The inte-
rior receipts, while somewhat lighter
owing to the holding back in Texas,
had no appreciable effect on the poor
movement which was 10000 in excess
of last year. One significant fact that
will influence Liverpool unfavorably is
the heavy exports to Great Britain to-
day, aggregating $4,000, against $4,000
last year. The large cotton af1oat for
that market beginning to arrive in in
stallments, thereby swelling the actual
stock and relieving any pressure which
might exist. Another important fac
tor lost sight of, is the lack of demand
for cotton from India. 1t is claimed
that a large crop has been raised,
that stocks of the raw article are ac-
cumulating, as we'll as the manufac-
tured product. The warehouses in Bonn
bay, having nearly twice the amount
of goods on hand compared to the
holdings of last year. The Egyptian
and bokara crops are also large, there
fore, from all indications heavy crops
Of the staple have been raised in all
countries where it is grown and trade
generally in textiles is unsatisfactory.
Such being the case it is questionable
whether any temporary decrease In
American receipts brought about by
holding back will be sufficient to
maintain any permanent advance I'M
less spinners become free buyers, and
there is a decided revival in European
trade conditions.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

Trains arrive Savannah as follows;
NO. 80 daily from New York, WASH
ington and Cincinnati 1850 a. m.
NO. SO daily from New York and
washington, 3:05 y. m.
All trains arrive and depart from
the Plant System station.
THROUGH CAR SERVICE, ETC.
Trains 80 and "a daily NEW YORK.
AND FLORIDA EXPRESS. Vesu-
pulled limited trains with Pullman
craving room sleeping cars between
savannah and New York. Connect at
Washington with Colonial Express for
Boston. Pullman sleeping cars between
charlotte and Richmond and Charlotte
ana Norfolk. Dining cars serve all
meals between Savannah and Wash
ington.
Trains 35 and S6 daily, THE UNITED
STATES FAST MAIL, Vestibuled linn
lted trains. carrying Pullman drawing
room sleeping cars between Savannah
ana new York. Dining cars serve all
meals between Savannah and Wash
lnston. Also Pullman drawing room
sleeping cars between Savannah and
cincinnati, through Asheville, and 1.-THE
Land of the Sky."
For information as to rates. sched-
ules. etc. apply to
F. S. CANNON. Sd ". p. and G. M.
>, Ii. HARDWICK, G. p. A, Wash
ington, d. c.
w. H. TAYLoE, A. G. p. A.. Atlanta.
r. c. BLATTNER, Depot Ticket
nah, Ga.
e. G. THOMSON. C. p. & T. A.. sa-
vannah, Ga, 141 Bull street. Phone
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
LIVERPOOL COTTON MARKEr.

Liverpool, Nov. 9.-Spot, quiet, and
prices unchanged; American middling
5-16d; the sales of the day were s.
900 bales, of which 300 were for spec
ulation and export and included 4,600
American; receipts, $4,000 bales, in
Guiding $1,000 bales.
Futures opened quiet and closed
steady; American middling, good ordi-
nary clause, November. 4.09d sellers;
November December, 4.05d sellers De-
cember- January. 4.04d sellers; Janu-
ary-February 4.03@4.O4d sellers: Feb
ruary- March, 403@404d sellers;
Mareh-April, 4.03d buyers; April May,
403d buyers; May-June, 4.03d buyers;
June-July, 4.0Sd buyers; July-August
4.03d buyers.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
COTT1N.

The cotton market closed steady to-
day, with sales from factors tables
of 2,177 bales The demand was fair,
with the inclination to sell when top
prices were bid In the f. o. b. mar
ket the demand was good at conces-
sions, but owing to the unwillingness of
the country to sell at the bid prices
business was greatly reduced. During
the late hours buyers were bidding
-716c, with sellers asking ~, and
good middling was quoted at 9-16c.
and basis good middling at 7-16c, but
the business, as stated, at these fig
ures, was decidedly limited.
The following were the official spot
quotations at the close of the market
at the Cotton Exchange to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
Hubbard Bros. q Co.'s Cotton Letter.

New York, Nov. Our market open
ed with sales of January at 7.4S@7. ACC,
and after selling at 7.4S@7.45, ruled at
7.41c, at IL m. Liverpool rallied, but did
not show the strength we expected, so
that the opening was lower than we
thought it would be. But the feeling
here is that the movement in Texas
viii show lighter after the early ship
ments are filled and that planters will
hold back. These light receipts are ex-
pected to dominate the situation and
bring about a better feeling in the
trade. The spot market was quiet Lie
advance.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
DRY GooDs.

New York, Nov. 9.-The week closes
with very quiet conditions in the dry
goods market There has been only an
indifferent demand for any description
of cotton goods here, and prices are
without quotable change. Print cloths
unsettled for regulars, which are Of
feres from second hands at 15-16c.
Narrow and wide odds inactive. Cot
ton yarns in fair demand and easy
and irregular
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
NAVAL STORES.
Saturday. Nov. {

odIuTudy, NOV. 3.
SPIRITS-The turpentine market
closed firm at 35Ac, with the demand
fair from all sources. During the early
hours the trading was in fair volume,
but towards the closing the demand
lessened, and business dropped to a
minimum. During the entire of the past
week the demand has ruled strong, ana
the prospects are for a continued firm
market.
ROSIN-The rosin market closed firm
to-day at the advances given below.
This is the result of the better de-
mand, which had the effect of carrying
prices upward. The demand for low
resins shows up some better, and the
chances are trading will be greatly re-
vived in these grades during the COM
in III I'll
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
FINANCIAL.
MONEY-Money easy.

I 6d5y.
FOREIGN ExCHANGE--Mar
firm. Commercial demand, s4.S5%;
60 days, $4.s3; 80 days, $4.S1; francs,
Paris and Havre, so days, $500:
Swiss, so days. $5.215s; Belgian, ST. (;
marks, SO days, s4%c; 80 days, 9415c.
DOMESTIC EXCHANGE - Steady;
banks are buying at H discount and
selling as follows; $25 and under, 10c
premium; SIS to $50, 15c premium; $50
to 500, zoe premium; 500 to 5000. 25c
premium; 5000 and over par.
SECURITIES-Cent incomes are
active and strong. Sales of second in
comes at 80 to-day The advance is
caused by heavy increase of earnings
for fourth week October, $48, 900 over
last year, and from July 1 the increase
is $151, 900.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

investment buying, inspired by a bet
Ter ruling of the English market than
expected. Receipts at the ports and
interior towns were about as expected
ana advices from Southern spot mar
kets reflected disposition among hold
ers to await further developments in
speculative markets before selling ex-
tensively. The weather map told of
trosts, light to heavy, in parts of the
eastern belt, but generally fair, mild
eonoltlons west of the Mississippi. The
forecast, however, pointed to frost
temperatures in the northern portion
OF the Western belt tonight and over
sunday. After the call, the market
eased off to 7.45c for January and to
I,sSc for May under scattering sales
lor prohts by pit longs. Trading was
not active, and after the first half hour
was chiefly of. a professional type.
Inc market for futures closed steady,
with prices net to points higher.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

of the Associated Banks for the week
ending to-day shows: Loans, decrease
$4,927 300; deposits, decrease $7,643, 800;
circulation. decrease $54, 500; legal ten
ders, decrease S2579, 200; specie, de-
crease $S,70S, 706 surplus reserve. de-
creased $l,l92,S75.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
MURPHY & Co. INC.

5oard OF Trade Building, Savannah.
Frivate leased wires direct to New
10TH chicago and New Orleans.
COTTON, STOCKS AND GRAIN.
new York Office, No. 81 Broadway.
Omees in principal cities throughout
me south. Write for olr Market Manual
anu DOCK containing instruction for
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

have been heavy, and that the top crop
question was one of uncertainty. Port
receipts estimated for the day at $1,000
against $1,000 last year. Much colder
weather was indicated for the South,
west.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
S0VllnQl BQ|h \ Trust Go.
CAPITAL $3.50, 600.

JOSEPH d. WEED, President.
JOHN c. ROWLAND. Vice President.
VIM. F. McCAULEY. Cashier.
8. l.. CLAY, Assistant Cashier.
general banking and exchange busi-
ness transa cted
savings Department, interest computed
quarterly.
Accounts of merchants, banks and cor
pora tons solicited.
american Express Company's letters OF
creait issued available in all parts OF the
collections carefully made and promptly
accounted Cor.
Safety deposit boxes and storage vaults
for rent.
Correspondence invited.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
TRADE AND FINANCE
rrNDENCY OF COTTON MARKETS
WAS FOR AN IMPROVEMENT.
NEW YORK FUTURES HIGHER.
SPIRITS IN DEMAND, AND ROSINS
CLOSE HIGHER.

trading During the Late Hours In
Naval Stores Was Light-Cotton
Firm Towards the Closing, With
spots Being Held, and the Interior
showing "A Decided Inclination to
HOId-Local and Telegraphic Mar
kets as Reported TO the Morning
News.
The Morning News ONCE.
Saturday, Nov. 8.
A decidedly frmer feeling was the
feature of to-day's cotton market.
This was particularly so at spot cen>
ters and throughout the interior.
where the feeling favorable to a reac-
ton was very pronounced in the incli-
nation to hold. So determined were
holders in their position that little bus
mess was done during the late hours,
owing to the difference between buy
ers and sellers, and the unwillingness
of either to yield.
Cotton futures at New York closed
some better. The improvement was
not such as might have followed the
stiffening tendency in the markets
where the actual stuff is the basis of
dealings. The Chronicle at New York
stated that the frosts so far had done
material damage to the crop in many
sections, which also contributed to the
late bullishness. On the whole condi-
tons seem to favor a reaction, and the
trade look for it with confidence
Spirits of turpentine closed firm,
with the demand from all sources sat-
isfactory. Resins closed firm at the
advance. with the demand for lows
particularly good. The wholesale mar
kets closed steady, with the demand
good. The following resume of the
markets will show their tone and quo
tations at the closing to-day:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
COTTON FUTURES.

sew York Nov 9.-The cotton mar
H'l opened steady with prices ] %
kpilta higher 81 covering and light
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

Magnificent Pullman buffet sleeping
car service to Norfolk, Washington,
Baltimore, Philadelphia and New
York: also to Jacksonville and Tampa
Solid train to Brunswick. No change
of cars.
Buffet parlor cars, Savannah to
Montgomery.
For additional information. apply to
Ticket Office. Bull and Bryan streets;
phone 2s.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

Daily Cotton Market
Galveston-Steady; middling, 7ss; net
receipts, 1858; gross, 1858; sales, LII;
stock, 141,S93. Exports-Great Britain,
32369.
Norfolk-Firm; middling, IA; net re-
ceipts. Ass; gross, Ass; sales. lbs;
stock, 390S9. Exports-Great Britain,
S,547.
Baltimore-Nominal; middling TX;
stock, 1857.
Boston-Quiet; middling, 1916; net
receipts, ia; gross, ia.
Wilrinetou-Firm middling, ~ net
receipts, 1850; gross, 1850; stock, SS,46o.
d0i0lie Firm; middling, SIS;
net receipts, 2s9; gross, 2S9; stock, 3d.
002.
Savannah-Steady; middling, 71s net
receipts, 9,457; gross, 9,457; sales, 2195;
stock, 140,0 Exports-Great Britain,
1920.
New Orleans-Firm; middling, Z 5-16;
net receipts, 1885; gross, 1885, sales.
4,750; stock, 1858 Exports-Great
Britain, 2505o; coastwise, 675.
Mobile-Firm; middling, rs; net re-
ceipts, S2S; gross, S2S; sales, $50; stock,
26.4S3. Exports-Coastwise, Sc.
Memphis-Steady; middling, IN; net
receipts, 1850; gross, 6,2O6; sales, 5000;
stock, 1885, ASH.
aug uSId-Oleduy, HllOOAlliS5 rs, hCI
receipts, 2,5O2; gross. $3.50; sales, 1913;
stock, 1854.
Charleston-Quiet and firm; middling,
rs; net receipts. 2,211; gross, 2,21l;
stock, 22,452. Exports-Coastwise, 2,035.
Cincinnati-Quiet; middling, ~; net
receipts, COS; gross, COS; sales, 900;
stock, 1872.
Louisville-Steady; middling, 7as.
st. Louis-Quiet: middling, rs; net
receipts. LOO; gross. 6,12S; sales. 2lo;
stock, 44,276.
Houston-Easy; middling, rs; net re-
ceipts, 10, $780, gross, 10,339; stock. 69,26S.
New York-Quiet; middling, 77s; net
receipts, 1873; gross, 3,S40; sales, III;
stock, 1926 Exports-Continent, $40.
Total To-day-Net receipts. 49,o2S; ex-
ports, to Great Britain, 64,SS9; CONT
nent, S49; stock, 69S,681.
Consolidated-Net receipts, 49,O2S; ex-
ports, Great Britain, 64.S39; continent,
SAC.
Total Since Sept. met receipts, q
442449; exports, Great Britain, S7O,S6l;
France, 223, OPT; continent, 66S,507.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
H. & B. BEER.
Cotton Merchants,
NEW ORLEANS.

Members of New Orleans Cotton TX
change. New York Cotton Exchange and
Associate Members Liverpool Cotton AS
ISOLATION.
Special attention given to the execution
OF contracts for future delivery in cotton.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
MONEY MARKET.

New York, Nov 9-Money on call
firm at per cent. Prime mercantile
paper, 41a@5 per cent. Sterling ex-
change firm with actual business in
bankers bills at $4.S7@4S7A for de-
mand, and $4.s4 for sixty days; posted
rates, $4S41z@4S5, and $4S71a@4. SS.
Commercial bills, $483A @4S4A Bar
silver, $3.50. Mexican dollars, 45Ac
Government bonds steady, state bonds
inactive, and railroad bonds strong.
WEEKLY BANK STATEMENT.
New York, Nov 9-The statement
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10

STOCKS AND BONDS.

New York, Nov. 9.-To-days stock
market was broad and comprehensive
in the scope and very active all day.
1t was also highly irregular through
out. but increasingly so toward the last,
when the unexpected decrease in the
cash reserves of the banks reported
in the weekly bank statement was Off
set by buoyant upward squirt in the
New York public utilities, led by Met
ropolitan Street Railway, which rose
some So points over last night. Brook
Ign Transit gained Sss, Consolidated
Gas "a and Manhattan 2. AT the same
time there were enormous transactions
in Third Avenue per cent bonds at
an extreme decline of about points.
The only news on the movement was
the reported dissolution OF the syndi-
cate which financed the purchase of the
Third Avenue Street Railway. Peoples
Gas came into the movement apparent
ly in sympathy and there was sudden
jump of 2A in Pressed Steel Car at the
last. During the first hour of the mar
ket there were widely distributed deal
ing, based on general considerations,
such as the uniformly large increases
in railroad earnings for the fourth
week in October and the belief in early
Improvement in the money conditions.
At the same time there was heavy
realizing going on in stocks which have
had a considerable advance lately, the
realizing, however. being well absorb
ed. The disposition to take profits in
creased after the appearance of the
bank statement and the market closed
in some confusion and very active. 1t
is evident that bank loans have rot
furnished material for the weeks spec
ulation, as loans have decreased $4,-
1927, 900 The known movements OF
money indicated a gain in cash by the
banks Of over 81, 900 900, while the bank
statement shows a loss of So, 703, 700.
The most plausible explanation is that
the local trust companies have been
lending money in the stock market and
withdrawing cash deposits from the
banks
Railroad bonds have been active.
United States bonds were all UNI
changed on the call price of last week.
The total sales of stocks to-day
were 502, 500 shares, including Atchison,
35. 300; Atchison preferred, 43,5O0; Balti-
more and Ohio, 5000; Chicago Great
Western, 1880; Erie, 16,400; Erie first
preferred, 6700; Louisville and Nash
VILE, 1900: Manhattan, 2S, 700; Metro
politan, 81 900; Missouri Pacific, 1900;
New York Central, 10000; Norfolk and
Western. $500; Pennsylvania, 5000; St
Paul. $4,000; Southern Pacific, 10, 100;
Southern Railway, 300; Union Pacific,
"a leo: Amalgamated Copper, 400;
BROOKLYN Transit, 24,400; Peoples Gas,
{. 700; Sugar, $500; United States Steel,
81 800; United States Steel preferred,
1890.
Now Work. stock and Bond List.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
the OIL Rock!


Block 81 Spindle Heights,
be the
bringing a o a
days only
par aIues he
A and i will be
4 board
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BEAUMONT CrEx1 FIELDS ARE GREATEST
The fueIo
cost
RECEIVE HANDSOME RETURNS THEIR
i'm "A oil by
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sEABOARD COMPANY n
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The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
FLUCTUATIONS IN FITTuREs

New York, Nov. 9.-Cotton futures
opened steady and closed steady.
Prices as follows:
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
ESTABLISHED 1872.

HENRY BEER BERTRAND BEER.
EDGAR II. BRIGHT.
The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-11-10
Total since April 1 =. .25s. 5sS s1C

STOCK last year 5000 lZ3,S09
Charleston, Nov. 9.-Turpentine firm,
unchanged. Rosin firm, unchanged.
Wilmington, Nov. 9.-Spirits turpen-
tine, nothing doing; receipts GA casks.
Rosin firm, 90@95c; receipts 126.
Crude turpentine steady, $1.10@2.00;
receipts SO.
Tar firm, 1925; receipts 225.
New Orleans Nov. 9.-Receipts, rosin,
179 barrels; turpentine, 65 casks.
New York, Nov. 9.-Rosin steady;
strained, common to good, $1.45. Tur-
pentine steady, 3SQ3S1ac.
Daily Kennebec journal., 1901-02-16
TO CURE THE GRIP.
Advice Of a Famous Physician.

First and foremost, REST.
Take care of yourself. Your already
weakened nerves want rest, and must
have it. If the attack is severe, go to
bed and remain there. More fatali-
ties result from the neglect of this pre-
caution than from any other cause.
Eat sparingly. Your digestive or
cans are in no condition to take care
of large quantities of food.
Drink plenty of pure, cold water.
1t allays the fever. stimulates the Kid
news to action and opens up the pores
of the skin. Keep the bowels open
with DR.. Miles Nerve and Liver Pills.
Take three doses of DR.. Miles Nerv-
inc per day, and if you cannot sleep
take an extra dose at bed time. To
further control the fever, and &c over
come the peculiar aches and pains Of
grip, use DR.. Miles Pain Pills. They
act quickly and effectually, and no bad
effects result from their use. These
remedies have been thoroughly tested
more than a million times, and their
efficiency is thoroughly established.
They never fail to give relief.
DR.. Miles Remedies can be found
at any drug store. and they are sold on
a positive guarantee that first bottle
or package benefits or money refunded.
Daily Kennebec journal., 1901-02-16
CONDITIONS NEARLY EQUAL.
Southern Cotton Mills Are losing Their Ad
vantage.


owners Of southern cotton mills uow
admit the ;imc Il rapidly approaching
when they viii have ~ advantage over
tn, il Northern competitors in the !uat-
ter Of labor employed. it's supply pliCc
or Locility. Southern mills are now
voluntarily reducing the hours ot work
In SiXty-SiX q week or only SIX hours
more than prevail in a mlJorlty ~
Massachusetts mills. This Is done I'll
anticipation cf 4 demand for such rr-
dGction- The surplus labor of the
south which WAS available FOR cotton
mills has been absorbed during the
past year and the same questions now
confront the Southern mill owner as
have puzzled his Yankee brother for
several generations.
The scale of wages in the southern
mills Is from cighty-fvc to ninety por
ccnt. of what Is paid IN New England.
but the cheaper ana better style ~ liv-
ing. il is asserted. more than com
ponsate the worker for the difference.
Tho South is very generally pros
porous. Cotton. lumber, rhosphutcs
and coastWis" shipping bring good
prices and arc in active demand. This
means employment for great numbers
NJ people ana consequent dearth of
surplus labor ~. the mills ana other
new industries to draw upon. Should
this condition continue much longer it
will have IN approciabie effect in
raising the wage scale and short ming
the days work in the near future.
Unionism is making considerable,
hcndway in the Schthern cotton mills.
but ~ far lacks cohcsiveacss ana
comprehensive organization. Nearly
every employee cf mill il member
of a union. but in each mill many
labor organizations are represented.
Mill owners recognize the day is not
far distant when some influence or
some leadership not now exercised viii
he able to bring these subdivisions to-
Gcth"r and amalCamatr them into n
force which viii have treaty rights NV
virtue Of its strength. IN brief. :hc
Labor question is just beginning to ire
sent itself in tangible form for South
ern mill owners to reflect upon. They
are dealing with it intclligcntly and
effectively. so far. but are still coa..InC
the situation along, So to speak. The
wage Garner. generally from the rural
districts wheI" unioniSm il unknonu.
is absorbing the new ideas. acquiring
sense Of power in ,n"-ativc strength
and otherwise becoming 4 counterpart
of his brother in arms in the great
industrial centres Of the world. he
result of an increasing cost of produc-
tion. greater competition and q less
flexible ana docile labor supply will
have the effect in time Of checking any
tendency TO a boom Sucn as prevailed