Audubon County journal. (Exira, Iowa) 1884-1993, 1906-11-29
Good American Business.

In the United States during the first
half of this year $26o,ooo,ooo was spent
for new buildings in twenty cities,
ST 100000 more than was spent during
the corresponding time last year in
twenty-four cities. Of the $13ooo,o 900
increase, $780, 600 was in Greater New
York, whose total was $8S,ooo,ooo Los
Angeles spent $Io,ooo,ooo during the six
months, an increase of $2,4oo,ooo.
In the fiscal year just closed Puget
Sound sent abroad $17,ooo,ooo worth OF
grain and -four, an increase of $I2,7oo,-
900 over the last fiscal year.
June is never supposed to be strentl-
GUS business month; yet railroad earn
ings last month went on Increasing right
along over the same weeks of June,
zoos. Some OF the items for the fourth
week In this June are as follows: Wa
bash $116,ooo; Missouri Pacific, $175,-
600; Louisville & Nashville, $12S,ooo,
and Missouri, Kansas & Texas, $780,
500. That is why railroad reports from
Chicago say: Despite all reports to the
contrary, there has not been summer
in good many years when everything
looked as bright and prosperous as at
present" Here are Some OF the gross
increases for June: Vanderbilt system,
$f,Sso,ooo; Illinois Central, $2zS,ooo
Yazoo and Mississippi Valley, $4,000.
The Butlington's atriual report, to be
issued in August, will show $7,ooo,ooo
increase in gross earnings.
Thirty-four million barrels of Port
land cement were made in this coun-
try last year, an eight htndredfold in
crease in twenty-five years. The value
was $32,ooo,ooo, ati increase of $31,874
600.
In the five years from 1900 to 1905
capital invested i'll AMERICAN manufac-
turing has grown from $,eSoo,ooo,ooo to
$4,000, 100000, and the annual product
from $4,000 100000 to .$t7,5oo, 100000
In the fiascal year just closed we alb
sorbed more than million immigrants.
They brought with them $1ooooooo in
cash. We need them and many millions
more. The cry is heard from every part
of our country: Men wanted"
Our circulation of national bank notes
increased $1,o82,7oo in June and sos
3o2,554 in the fiscal year which ended
June so, reaching $56I,112,36o, secured
by an equal amount of the best bonds
on earth-American government bonds.
This Is the highest recorded bank note
circulation. Prior to 1909 the highest
record was on October I, 1882, $362,256,-
66a. On July 1, 1891, the amount was
only $t67,5s7.at4.
At Seattle in June sixty-four deep sea
vessels arrived and seventy -eight de-
parted; Passengers inbound, 5000, and
outbound, 5g,25g. Imports, $1,44g,7So,
and exports, $i,357,eoa, total foreign
commerce for the month of more than
81 Bopooo. This business was done with
the Orient (tnainly), England, British
Columbia, South Atiierica, Siberia, Ger
iiiatiy and Sohth Africa. In addition,
the total ta1ue of domestic water ship
merits Was $5,643,z4, making total wa
tel. c0titnefce for Jthe OF So, 100000.
Sutftheth California reports sotfie big
crude oil contracts ao,ooo,ooo barrels
for several private firms III Japan; 2o,-
GOO barrels deliverable daily BIZ one com
pany iii the Los Alanibs field; another
cotnpaf1y has agfeed to deliver 10000
TOD barrels in Chile; still another com
party is btiying three new tank steamers
to carry California oil to Hawaii and
Central ahd South America; yet another
California company has almost com
pleted its pipe line across the Istlimus
Of Patafna. There will soon be ar
American Panama Canal of American
oil. with eight big receiving tanks, four
at each end of the 1sthnus, holding 200,
GOO barrels Of OIL
Good American business is again re
Elected in the total money circulation or
jane 80 of $2,744,4S3,83o, being nearl,
S1oS, 100000 more than on June 80, 1905
and $1,o28,ooo,ooo more than on Janu
airy I. 1879, the day on which Uncle San
resumed doing business for cash. The
present circulation is part of the gen
eral stock of money in the United State.
which amounts to $3o6oooo,ooo, an in
crease of $12,ooo,ooo in the month o
June. The circulation is equal to $32.4.
per capita of 94,662,ooo population.
Grain receipts from January to May
inclusive, of this year, at New Yorl;
Boston, Philadelphia, Baltimore ant
New Orleans, amounted to $I32,627,66.
bushels, an increase of al 100000 bush
els over the corresponding months o
too5 and 57,oooooo over the same periot
in 1904.
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