CanÌƒon City record. [volume] (CanÌƒon City, Colo.) 1883-192?, 1906-10-18
Good American Business.

0OO0 tAlSlNdu 9uShACocs
In the United States during the first
half of this year $s6o,ooo,ooo was spent
for new buildings in twenty cities,
SIS,ooo.opo more than was spent during
the corresponding time last year IN
twenty-four cities. OF the $4,000, 900
increase, 100000 was in Greater New
York, whose total was $88,ooo,ooo. Los
Angeles spent $Io,ooo,ooo during the six
months, an increase of $4,000.
In the fiscal year just closed Puget
Sound sent abroad $I7,ooo,ooo 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 $IY6,ooo; Missouri Pacific, $I7s,
600; Louisville & Nashville, $I28,ooo,
and Missouri, Kansas 4 Texas, $780,
900. 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,
SI,85oooo; Illinois Central, $2a8,ooo; /;
Yazoo and Mississippi Valley, $I56ooo
The Rurlington'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,o 600, an increase OF $3I,S74,-
600.
In the five years from 1900 to 1905
capital invested in American manufac-
turing has grown from $,oSoo,ooo,ooo TO
SI4,ooo. 100000, and the annual product
from SI3,ooo,ooo,ooo to $I7.5oo,oooooo
In the fascal year Just closed we alb
sorbed more than million Immigrants.
They brought with them SIo.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,o82,7o in June and $685.
3o2,5s4 in the fiscal year which ended
June 80, reaching S56I, $50, secured
by an equal amount of the best bonds
on carth-Amcrican government bonds.
This is the highest recorded bank note
circulation. Prior to 1909 the highest
record was on October !, 1889, S362, ,256.-
Goa. On July !, 1891. the amount was
only $I67,557,2I4.
Al Seattle in June sixty-four deep sea
vessel. arrived and seventy eight de,
partcdi passengers inbound, 58oo3, and
outbound, $3.50 Imports, k'4to,zso,
~o,,,r.rr> eor ShS vporth ~ v,,oye than
$s4ooooo. This business was done with
tho Orient (mainly), England, British
Columbia, South America, Siberia, Ger
many and South Africa. In addition,
the total value Of domestic water ship
ments was $S,643,284, making total wa
ter commerce for June Of 81, 10000.
Southern California reports some big
crude oil contracts: 100000 barrels
for several private firms in Japan, ao,-
600 barrels deliverable daily BY one com
pany in the Los Alamos field; another
company has agreed TO deliver 1000
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
pletcd 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 lsthmus, holding 2oo,-
GOO barrels of oil.
Good American business is again re
'ected in the total money circulation on
June 30 of S2,744.4S3,S3o, being nearly
SIoS ,ooo, 900 more than on June 80. 1905,
and ST o2S, ,ooo, 600 more than on Janu
ary J, 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 5000, 100000, an in
crease OF SIz,ooo,ooo in the month oi
June The circulation is equal to $32.42
per capita OF H4,662,ooo population.
Grain receipts from January to May.
inclusive, Of this year. at New York.
Boston, Philadelphia, Baltimore and
New Orleans. amounted to SI32,627,667
bushels, an increase of 100000 bush.
els over the corresponding months Of
zoos and 100000 over the same period
III 1904.