The Washington times., 1908-08-02
LargeI VoIume IN AggTegate..

La ENA Va AAAAsA Az "a ta--NNHH
The net result, however, is "a larger
volume Of business Ia the aggregate.
and comparisons with this time. last
year are especially cheering, when IL is
considered that year ago an records
un TO that time were being eclipsed Az
ricuIturaI results are surprising early
expectations, harvest work making
rapid recovery from the interruption
caused by the elements.
More plants have resumed operations,
wholly or iu part. The railways are eN-
tending operations TO meet the require
meuus OF JerOp moving and increased IN
dustri4f~ operations. and earnings Iof
July were only about is per cent iess
than for the corresponding month IN
In -he iron and steel trades the ten
denotes in general are in the direction
of moderate bettermeut, although me
involvement Is not so marked as 10
cause enthusiasm. According 10 Brad
streets. finished lines are somewhat
more active. and orders for steel rails
are relatively good. amounting 10 1850
tons for the week. Export business IN
several lines is looking up Struc lur1l
material is more active. orders Tor l'rVo
tons having been taken within the week.
Confident of Crop Results.
w. q Brown. senior vice president of
the New York Central. has returned 70
New YORK with renewed encourage
nent as 10 the business outlook. he
saws it has q most promising appear
auce. He IS confident that the crop re-
suits viii be all that could be desired
especially the corn crop.
The statement Of earnings of the
United States Steel Corporation is re-
garded as rejecting "a slow but steady
Dr0Eress from the long period on oe-
nression Activities of the steel Corpe-
ration. measured by its blast furnace
o1ltD1t are now about IS per cent, the
highest since the middle OF last NoNeIh-
Dispatches from Waltham Mass,
state that the Boston Manufacturing
Companys cotton mills there. employ
ing 1000 people, have resumed opera
tons on fun time.
The oxford Mills at North Brookfeld,
Mass. are operating on full time, hard
pressed now to keep up with orders'
The Tide Has Turned.
A statement has been made on behalf
OF the Erie Railroad Company that
business is beginning to improve ana
that preparations are being made for
general increase in business up TO me
end of the year. The statement adds
tide has turned and that the business
depression is becoming a thing or the
past. The crops are very large In me
Northwest and the reports received IN
dictate that business on the railroads IS
slowly increasing. The Erie now mas
more men employed. although the num-
Der has not reached normal. than at
any time since the beginning OF tue
year.
To the National Prosperity Associa-
ton at ST. Louis the yellow pine lumber
dealers have reported that about - per
cent of the mills in Louisiana, Mlssls-
sippi, Alabama, Arkansas, and Texas
are now in operation, AID the proba-
bility is that the percentage will be
increased steadily heuceforth. Coal OPP
orators state that o. per cent of the
mining forces Of Illinois, Kentucky, ana
Tennessee are at work and that the
output VIII be up TO the normal within
three weeks The reopening OF saw
mills and coal mines means the en-
ployment of many thousands of work
men IN the States mentioned.
The traffic statement of the Mexican
Central railroad for the ten months
ended April 80 shows that its ore and
coke hauling business was not decreas-
ed because of the financial depression.
Three additional furnaces were lighted
al Plttsburg during the week, one at