The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-08-17
GOOD AMERICAN BUSINESS.
Some wonderfuI Figures which Show How
Prosperous the Country Is.

IU8VOIOUN dkO SOuuitEy Is
In the United Staten during the nrst half OF this
year tzo. 00Q0o0 was speni for now buildings In
evenly cities. sfS.oocyoDo mons than was spent dur.
Ing the corresponding tirne last year In twenty.
four cities OF the s18,00 900 Increase. ts,ooo.mo
vas IN Gsesssr New YORK. whose total was ~. ooo,.
900. Los Angeles spent slo.ooo.ooo during the six
months. an increase Of sA,Soo,ooo.
In the fiscal year Just closed. Puget Sound sent
abroad ti7.ooo. 900 worth Of grain and Hour. ap ID
crease OF Oh, 100. 900 over the last hscal year.
June 10 never supposed to be q strenuous business
month: yet railroad earnings last month went on In.
creasins right along over the same weeks Of June.
ieok Some OF the items for the fourth week In this
June ara as follows: Wabash. $4,000: Missouri Pa.
clhc. $4,000: Louisville and Nashville. SIPS. 00o. and
Missouri. Kansas and Texas. siao. $40. That Is
why railroad reports from Chicago say: "Dnspite
all reports 10 the contrary. there has not been q
summer IN o good many years when everything
looked a. bright and prosperous a. at present.
Hsre are some Of the gross Increases for June
Vanderbilt system. si.ss0,00o: Illinois Central.
safsoo0 Yssoo and Mississippi Valley. sl56,oo.
Tho Burinston's annual report. TO be Issued Ia
Angus. will show 100000 increase In gross earn.
ings.
Thirty -four million barrels OF Portland cement
were made In this country last year. an eight hun.
dredfoid increase In twenty-five yeara. The value
vas %. ooo. 900. an inorease Of Isl .s74.ooo.
IA tAe Ave years from 1900 70 1905 capital IN.
vested In American manufacturing has grown from
ee,eco,ooaooo to ei&,ooo 900. and the annual
product from siS.ooo ooc, 900 TO si7.soo, ooo.o 0
IN ths nscsi year 3ust closed We absorbed morn
shea . million Immigrants. They brought with
them etiyooo,O0o m eAsh. We need them and many
nillloAB moro. The cry n hesYd from every part
OF cur country Men wanted" - +
Our clroulstiou Of national bank notes increased
ot,ne3,7oo h June and eS, sof.R4 m the fscal year
By N equal amount OF the best bonds on earth
--Amsrican Government bonds. This 10 the high =
cot yscorded bank note circulation. Prior to 1903
the hiehest record was on October !, 1889. ssse ,8..
90. On July I. 1851, The amount was only $751;.
N,nA
Al Seattle Ia June ssxsy.1our deep sea vessels
arrived and seventy-eivhs depart ed: psssenre gers.
Inbound. Hyoos. and outbound. so.hp. Imports,
el,+ts.7so. and exports e~i,S57,oo1, . total foreign
for the month Of more than s,Isooooo.
This business was done with the Orient tmainly1.
England. British Columbia, South America. Siberia,
Germany and South Africa. IN addition. the total
value Of domestic water shtpments was ss.es.na,
making b total water commerce for June Of sI5oooou.
Southern California reports some big crude oil
eoatreets: 100000 barrels for several private
firms In Japan: %, 1000 barrels deliverable daily by
one company In the Los Alsmoe field; another conf
pany has agreed to deliver 10000. 900 barrels IN
Chile' stu another company 10 buying three new
tank steamer 70 carry California oil TO Hawaii
and Central and South America: YET another Cali.
forniA company has almost completed its pipe line
acros the lsthmuso Of Panama. There will soon b
"A American Panama Canal Of American oil. with
eight big receiving tanks. four Al each end Of the
Isthmrs. holding 100000 barrels Of oil.
In the Nsw South thfteen StateO the property
assessment valuation In 1905 was sao7e .oonWo
tNd1xfoetvresT Rseofd. an increase over 1900 Of
eas4iAoooooo. Te1ss Leads with q valuation OF
ei.iae.oooooo; Kentucky came next with t7sS, ooo. 900;
and then MARYLAND with sos. ooo.ooo Tho New
South showed an increase IN waee earners to
Soa.fA In 1905 from N. "a In 1000. q percentaeo
inoresss Of iaH while for the entire country the
!.s.ssss We. about 10 Fer cent
Y Tho vaiuo Of immigration to our country 10
shown By the fact that . typical American city
as far away from the main immigrant entering
ports 90 Los Angeles has children In Its public
schools born In Egypt. Burnsh. Bohemia. Arabia
Africa. Asia Armenia, Australia, Aust ria, Assyha
Belgium. British Columbia. Bulgaria. Canada. Cen.
land, France. Finland. Germany. Greece. New.
fcundiand. Holland. Persia. Hungary. India. Ire.
land, Italy Japan. OoreA. Mexico, New Zealand.
Norway. Nova Scotia, Portugal Rumania. Russia
Scotland. 6srvia, South America. Spin, s 'ed,a
Swtasssiand. Syria. TURKEY and the West Indies
This b The way passenger tnfho on our steam
railroads has grown since 1897. when oi,ooo,mo
passengers were carried: In 1868, 575.ocoooo; In
1eo. sSA.0oo,ooo: In 1900. 90. 00o,0 co.,: In 1901, Cocoon.
900; In ien. $4,000 800; IN 1908 100. 100000. and In
isoS dsssss hgures>, 73oooe,ooo, or 2oo,ooo.ooo more
than In 1897. and an svemSe increase OF los. 10000
for each Of the seven years
During ths nrst I'VE months OF 1905 freight ship.
nenh % me Grcss Lakcs aggregated iS,o6s, CTS net
tons, N excess OF nearly . million tons over ship.
ucnts In the nrst i've months OF 1905. The 1908
shipments consisted Of ORES and minerals, 6,ss,saS
tons; coal. s.oif.ies tons; grain and na1seed. see7@
tons: logs and lumber. sst,77s tons: nour. e7S,4m
tons, and other freight, i.eos. $50 tons. There was
. gain Ia esoh class except logs and lumber. Ten
times U.ife.ses tonN a. much tonnage passed
through ths American canal as through me