Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1906-10-04
Good American Business.

Il
In the United States during the first
half of this year S26oooo,ooo was spent
| for new buildings in twenty cities,
SI3oooooo more than was spent during
the corresponding time last year IN
| twenty-four cities OF the SI3,ooo,ooo
increase, 100000 was in Greater New
York, whose total was $88,ooo,ooo. Los
| Angeles spent 100000 during the six
months, an increase of $4,000.
In the fiscal year just closed Puget
Sound sent abroad $I7,oooooo worth OF
grain and -four, an increase of $I2,7oo,-
900 over the last fiscal year
June is never supposed to be strenu-
Gus business month; yet railroad earn
ings last month went on increasing right
along over the same weeks of June,
1905. Some of the items for the fourth
week in this June are as follows: Wa
bash $4,000; Missouri Pacific, $I75,
600; Louisville & Nashville, $I28,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 a summer
in a good many years when everything
looked as bright and prosperous as at
present" Here are some of the gross
increases for june: Vanderbilt system,
| Sr,8soooo; Illinois Central, $4,000;
Yazoo and Mississippi Valley, $4,000
The Burlington's annual report, to be
issued in August, will show 100000
increase IN gross earnings.
Thirty-four million barrels of Port
land cement were made in this coun-
try last year, an eight hundredfold in
crease in twenty-five years. The value
was $32,ooo,ooo an increase of 1884
900.
In the five years from 1900 to 1905
capital invested in American manufac-
turing has grown from $,o8oooooooo to
SI4,ooo,ooo,ooo, and the annual product
from $I3,ooo,ooo,ooo to $I7,5oo, 100000
In the fiascal year just closed we abb
sorbed more than a million immigr ants.
They brought with them $Io,ooo,ooo 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 $I,o82,7oo in June and $685.
3o2,554 in the fiscal year which ended
June 80, reaching $56I, liz, 600, secured
by an equal amount of the best bonds
on earth-American government bonds.
This is the highest recorded bank note
circulation. Prior to 1902 the highest
record was on October 1, 1882, $362,256,-
coz. On July I, 1891, the amount was
only $I67,557,2I4.
At Seattle in June si.ty-four deep sea
vessels arrived and seventy-eight de-
parted; passengers inbound, 58,oo3, and
outbound. soa5o. Imports, $I,44o,78o,
and exports, $I,3s7,oo2, total foreign
commerce for the month of more than
s., 100000. This business was done with
the Orient (mainly), England, British
Columbia, South America, Siberia, Ger
many and South Africa In addition,
the total value of domestic water ship
ments was $5,643,284, making total wa
ter commerce for June of So, 100000.
Southern California reports some big
crude oil contracts: 100000 barrels
for several private firms in Japan; TO-
600 barrels deliverable daily by one com
pany in the Los Alamos field; another
company has agreed to deliver 10000
600 barrels in Chile; still another COM
pany is buying three new tank steamers
to carry California oil to Hawaii and
Central and South America yet another
California company has almost COM
pleted its pipe line across the Isthmus
of Panama. There will soon be an
American Panama. Canal of American
oil, with eight big receiving tanks, four
at each end of the Isthmus, holding 2oo,-
600 barrels of oil.
Good American business is again re-
Elected in the total money circulation on
| June 80 of $2,744483,83o, being nearly
SIoS, 700 900 more than on June &c. 1905,
and ST ,o28, 100000 more than on Janu-
airy I, 1879, the day on which Uncle Sam
resumed doing business for cash. The
| present circulation is part of the gen.
eral stock of money in the United States
which amounts to $3.o6o,oooooo, an in
crease of $I2ooo,ooo in the month OF
| June. The circulation is equal to $324a
per capita of 8b662,ooo population.
Grain receipts from January to May,
| inclusive, of this year, at New York,
Boston, Philadelphia, Baltimore and
New Orleans, amounted to $I32627,667
bushels, an increase of 81, 100000 bush
els over the corresponding months Of
zoos and 100000 over the same period
| in 1904.