The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1908-11-09
BUSINESS IMPROVING
Are Optimistic in the East
and Outlook Bright

Conditions Are Optimistic in the Eas
and Outlook Bright
New York, Nov. 9.-After election
prosperity.
Signs are multiplying in all indus
trial centers that the revival in bust
ness, SO long awaited, is beginning
this week. The cause UNIVERSAL,
given for the new movement is tha'
the election OF William H. Taft al
president has ended the suspense o.
the business world.
The National Association of Manu-.
facturers publishes a continuation o.
the statements on trade conditions
contributed by its 5000 members rep
resenting every branch of industry
kilograms were sent prior to the cleo
tion to number OF the association's
members asking them to state speci
fically how many workingmen would
be added to their present force by De.
cember / if nothing occurred to shake
commercial confidence. A resume o
the information contained in these re
plies is given as follows:
Work for 650,O00 More Men.
The percentage of replies re-
ceived indicates that an average
of 1876 men each will be added to
the majority of manufacturing
plans in the association by De-
cember 1. The percentage show
that at least one-half of the 5000
members of the National Associa-
ton of Manufacturers expect to
add to their present force more
than two hundred thousand work.
ingmen.
Taking this as basis 1t is safe
to assume that the 10000 manu-
factories, which, according to the
census of 1900, employed an aver
age each of 100 men or over, will
add at least so per cent to their
present force, making a total in
round figures of 650,O00 men. In
other words, with the continuance
of business confidence, the i'm
portant manufacturing interests
of the country will be enabled to
increase their present force by
more than half million working
men to meet the market demands
for their products.
In securing this information
Democratic and Republican
manufacturers alike were ad-
dressed. No attempt was made to
limit the canvass to any particu-
lar industry or to any particular
section, and the queries were
based solely upon actual business
conditions and business possi-
bilities.
Wall street today felt the impulse
and witnessed an outburst of specu
lation in the stock market which
swept prices to higher level in {
sensational manner. Commission
houses reported a large influx o
buying orders from western sources
and from large eastern cities. The in
dustrial stocks were conspicuous II
the movement, the iron and steel is
sues being in heavy demand for &C
counts of the industrial centers of &C
tivity in those lines.
The speech of Judge Taft, assuring
non-interf<rence with honest corpora
tions, was appropriated as motive
for buying. Reports Of the placing o
large orders in industrial lines were
alleged. Activity in the metal marke
helped.
Toledo already shows signs of in
dustrial improvement. The Toledo
Shipbuilding company announces tha
work on a new irydock, to cost be
tween $250.000 and 100000, will soo1
begin. The Toledo Shipbuilding com
pany, which has contract to built
a new steel freighter to cost $500, 900
will push the work.
The Toledo Machine and Tool com
pany will soon be operating a full
complement. The Edward Ford Plat'
Glass company will start with full
force. This concern has only beer
turning out about so per cent of itl
capacity. The Toledo Malleable Cast
ings company is preparing for a re
sumption of business, and the Toledo
Furance company is operating one
of Its stacks, with the probability O
the resumption of the other in a shor
time. Fully 5000 men will be affect
ed. Announcement is made that thu
Bergwind- White Mining company, op
Grating in the Windber field of Penn
sylvania, will within the next few
months place orders for half mil
lion dollars worth of additiona
equipment.
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