The San Francisco call., 1905-03-27
TRADE STILL EXPANDING.

cearngs country good barometer OF trade
conditions as thew expansion
year extraordinary Out OF the first
fifty the list last week fornine showed an IN
only adverse side Cncn
natl with the rfng decrease OF cent This certainly re-
encouraging exhibit for these cities and not
confined particular section but scattered all over the c
from the other and from the Gulf OF Mexico to the
Canadian line.
The cIearngs themselves were which away
what they have been this year. and OF the gains ex
CISCO 35 per cent at Boston rs per cent at fsouIg ~ Pc
AS the ceangs cold blooded exhibit OF the
volume trade there no question OF their accuracy as com
mercial barometer In active times they large dull times
they small their business indicator all
the country As they showed week OF cent over
the same week last year. then general trade was Just SO much better
this year than last
kite reflects them buoyancy and confidence which nothing
able repress All attempts deprss prices fail In
day the again like captive balloon Expert
nced operators the stock market the bankers and individual
capitalists shake their heads obviously and say
high OF the dividend
limit and that may be expected
any day they merely transory and
day Money plentiful confidence
OF the general public confirmed that the market
full Of buying orders all the time and prices accordingly keep
The buoyany noted most OF the staples The Iron
Age that for all OF iron and steel
products show the confidence OF buyers and sellers In the market
The locomotive works large orders for engines and the
factories are hard work turning our new cars to handle the I'M
nse volume OF freight rendered the railroads The railroads them
selves increase OF earnings during the first
two weeks Of March the same time last year
But while all this indicative large expansonn domestic
trade the foreign trade making equally brilliant exhibit
New York bankers calling attention to the fact that the balance
M ore trace seems 10 De slowly working around against us One
OF the ables OF them has just pointed this in circular in which
Our foreign trade shows tendencytha OF increasing in
and decreasing exporsch will bear watching In Febru
reached So3oooooo the highest
spite being exports SIoooooooo
about 100000 OF Compared with the
month last year these figures show increase OF 100000
imports and decrease 100000 exports The gain
imports easily attributed good business conditions here while
the loss chiefly due diminished shipments OF wheat
and the lower OF This tendency OF imports rise and
exports TO fall continued important influence
international exchanges During the twelve months
February 28 the of only the
smallest OF the ago
we had Of the twelve months aggegag
2ooo Mess this tendency ship either
securities gold in settlement
he different industrial lines continue send excellent
ports OF mills fully employed continued brisk conumpve
nand for all manufactured articles 1t thought
that production then overakng
but has apparently done Until that
be lively when that does they will
the country full Of money
Of things and al enterprises
supply Of cash shows OF depletion there hence
immediate of anything but continued activity
other words continuance Of the present good
equally plentiful Europe nothing
Thus, with the financial skies
the world the time for the OF the croake from his hole
hand