Tonopah bonanza. [volume] (Butler City [i.e. Butler], Nev.) 1901-1909, 1904-01-09
PROSPERITY OF
THE COUNTRY.

Many persons r beginning to be
pessimistic regarding the business
conditions in the United States, SAYS
the Boston Commercial, Some of
these are always in this state OF
mind, but there are a few who are
not naturally inclined to look through
blue glasses, but are led to believe
that the prosperity season is about
drawing to an end. There is some
warrant for this state Of mind in the
news dispatches announcing the clos
ing of certain industrial establish
ments, but this depression is more
than counterbalanced by the pros
perity Of the western farmer and
southern planters, the majority Of
whom seem to have comfortable bank
accounts to their credit.
In connection with the prosperity
Of the United States as a whole,
Messrs. Towle & Fitzgerald have
issued a circular containing some in
teresting statistics showing the great
growth, excellent resources and un-
doubted stability of the country,
from which the following information
has been CLEANED:
The gold production of the United
States was 1889, 900 in 1847, $50, 000,-
900 in 1852 and $50, 600, 900 in 1902.
This shows an increase of 30 l-3 per
cent il the last half century. In
1902 the United States produced 27.5
per cent Of the worlds production Of
gold. On October /, 1903, the United
States had 81, 227 1862, 652 in gold
on hand, an increase Of All per cent
in five years. On the same date
France had gold amounting to 1914,
0OO, 000, 600, Germany had gold
amounting to $763, SOC, 900, and Great
Britain bad gold amounting to 1928
600 900. The amount on hand in
= these three countries increased only
1913 per cent during the past five
years. On October /, 1903, the
United States treasury held 80 times
as much gold as was held by the
Bank Of England, and 3s times as
much as was held by the Imperial
Bank Of Germany.
The value Of manufactured products
in the United States was 50, 372, 437,
1913 in 1890 and sl3, OBS, 279, 500 il
1900, an increase Of 80 per cent in
ten years. The exports during 1896
we're valued at 1857, 828, 684 and the
exports during 1900 were valued AT
81, 1874 483, 0S2, an increase of 62.5
per cent in ten years. The value Of
the farm products in the United
States this year is estimated at S..
900, 600. During the seven years
ending June 80, 1908, the value Of the
exports was SO, 500, 0OO, 900 greater
than the value Of the imports.
The annual productiveness OF the
United States is $13, 900, 000, 600, tina,
of Great Britain is "a, 263, 600, 600
that Of France is 81, 900, 0O0, 900, auC
that OF Germany is SO, 1851, 900, 600
that Of the United States being 81.
1870, O0O, 900 greater than the aggre
gate of the other countries.
All the banks in the United State,
had deposits amounting to 81, 900,
000, 900 il 1895, and 50, 525, 600, 600 il
1903, an increase of 94.3 per cent ii
eight years.
The steel rail production OF th,
United States was S,6l6 tons in 1869
valued at $l32. 25 per ton; 1874, 52O
tons in 1897, valued at 1875 pei
ton; and 2, $40, 294 tons in 1903, valued
at $28 per ton. This makes tn,
total values 81, 139, 466, 50, O83, Az
and $50, 536, 204, respectively. Sine,
1869 the production has increased
332383 per cent, the value per tol
has decreased 78 per cent, and tn.
total value has increased 1867 pc
cent.
In view of these figures, there doe
not seem to be much ground for pes
simism regarding the prosperity Q
this country.
100
The Goldfields Stage.