The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-11
Good American Business.

The South and the West are crying with oil their
might Men Wanted"-to work In the mills, th,
mines. the forests and in building railways; cons.
quently, the arrival in one day. March q. OF 500
inning rants at New York is good American bust
ness.
II Is good American business that Alaska proper
will yield us this year s24. 0Oo. 900 worth OF gold.
All indications point to a large movement for
months 10 come" says one trafio manager, and
the general movement Of business indicates q
healthful condition OF business all over the county
says another.
From 772, 1927 telephones in use in the United
States In 1895 to $685. 5S in January. 1905, using
enough wire to encircle the earth al times. Isl
speaking" record Of good, active American bus'
ness In the decade.
Where is the other business in the world which
equals that OF the United States Steel Corporation,
with Its yearly average output of l0,oO0.OO tons,
and its corresponding enormous wage distribution
and large net earnlngs?
Note the following orders for rails during the
past two weeks: Atchison. 10000 tons; New YORK
Central. 5000; Great Northern. 10000: Northern
Pacific. 10000: Central OF Georgia, 1900: Ches'
peake and Ohio, 10000: Missouri. Kansas and Texas.
5000, and other roads, $4,000, the total new business
being 175, 600 tons. Mil after mill is sold TO Us
full capacity for the year. The aggregate tonnage
now under booking by all mills, including light
rails. is about Zoo 900 tons.
Then the railway increases In earnings. Atchi'
son for February. for instance, increase In gross
81, SIS, 600. and in net, LASS, 900. And business
keeping up" say railroad men all over the country.
The weekly returns for March are still showing IN
creases with charming regularity. While this Is
going on uhink OF the solid American business
behind ~, what does II matter whether stocks
go up or down in Wall Street, or that the daily stock
and bond sales ION the Street" are not as large as
last year, Every day more and more money IS
being permanently invested in old and new Indus
trial enterprises. A hundred dollars invested In q
h factory does more good TO American business than
$40. 900 won or lost "on the Street" Work increases
speculation destroys.
That must be true or the April dividend pay
ments would not be estimated by the journal "
Commerce at s6a, 772, 425, against $3s, HISS In March
an increase OF over see, 500. 600. April 2 Will witness
so. o0o,o 900 OF this more than s2,ooO,oOO a day average
dividend payments In April, sundays and holidays
included. Look at Texas, 100 by $50 mile Texas
with It's q, 6Sl 600 increase in gross earnings In me
seven months ended January.
Then the eastbound rail shipments from Chicago
In the week ended March "a. New York Central
lines east OF Buffalo, short IL 900 to 1900 cars a dAN
and other lines in proportion. Flour shipments m
creased 49, 42 barrels: grain increased $500 busheS
and provisions. $50 tons over the prior week Al
that shows good American business.
Note next some OF our export Increases Tor 'e
eight months ended February; first. the general l'
crease OF 100000, 900, including books, maps ctc'
t724.O00: breadstufs. 100000 0O; automobiles N""'
600 cars and carriages, S., 2S5, OOn; chemicals, drugs
dyes, etc, 81 10000; clocks and watches. s29A""
coal, SIT 600; coffee. 81 zoo. 100; raw cotton, sSl5h'
600: cotton cloths, $1,000 900 China s6.Hn0c"l 10
spite OF the III boycott; fertilizers, S,07T0n' hhre
manufactures, saoo. 900; nsh, 1908. 900; fMrs and tr
skins. 81. S67 600: explosives. SSH ,o00; rubber manu-
features. 81 ,3O9. 600: scientific apparatus, S.iph""
structural iron and steel. s7sS, 900: wire, S,25i"H
builders hardware. 81. 564. 900; firearms. SEQ"
cash registers, S2s7, 900; electrical machinery, $40
600. metal working machinery, sl,76S,0o: pumps
and pumping machinery. 81 .036,oOo; sewing m"
chimes. sos 600 shoe machinery, S200,0oni loromo'
tlvcs. $500 900 Japan. 1854 ,00n: ypcwrtelS
$4,000; pipes and fittings. $4,000: stoves ana
ranges, S.57, 600: all other iron and steel manh'ac'
lures, $1,000, 600; lamps. s2sl con; upper feathers
q. $50, 900: t~GreatBritaln, 81 100000; boots and shoes
81 .225. 900 (West indies, $4,000: malt. sal""
naval stores. a. 900; spirits OF tuTpentinc, sl-N'
900. oil cake and meal. 81 40, 900; mineral oils, s25S'
900; paints and colors, Ss7 900; paper and manu-
features OF. 81 ,o77,O00; parafln and wax. S"A"N
lard, Sl2. 100000: oleo and olcomarg arinc. Si'h'"
tailow, S2,O0o,OOO bacon. ss.O0O,OO0. canned hoe'
81. 100000: fresh beef. 81. 100000: sailed poth. 8 N"'
900: butter. s.. 100. 900; seeds, 81. 1877 600 v~ccc'apc,,
SSH 900: lumber, 81 800, 900; timber, N,SNrh ANU
furniture. $4,000. There Is every kind OF 'nro''
agement as 10 the future OF American cApofl'm'
study OF that analysis.
This shows good American business NIL along W'
line. More than half the increases are In manu-,
features. meaning a heavy direct ard co.a''N
wage disbursement.