The morning journal-courier., 1908-07-29
Standard Oil, United States Steel and Others Experi-
 ence Revival.
OF COUNTRY-W WIDE EFFECT
Trust officers Talk Optimlstlcally and Back Their Talk With
 Figures.

of prosperlty's return, Representatives of Standard Oil, United States Steel and other big corporations are talking enthusiastically of the situation and pre- sent figures to back their statements of the revival.
 Edward T. Bedford, one of the most active and influential men in the varl- ous Standard oil interests, a director of the Standard oil companies In three states, president of the Corn Products Refining company, of the New York Glucose company of the Bedford Re fnlng company, and manager or d. rector in nearly dozen other large corporations, said:
 Speaking for the Corn Products Re fining company, from twenty-five to thirty per cent. of our men have been laid off and are Idle, but from August next all of them will again be em- ployed on full time.
 Business and industrial conditions as I see them are looking decidedly better and they are showing constant im- provement. There is much better feel l ing prevalent. Confidence is growing | stronger daily and the belief is becom- 1 ing more common that even the big | corporations are going to have fair ] play. l see no reason 10 doubt that MT. Taft will give us an administration under which we can live and under which we will witness a return to our former condition of widespread and general prosperity.
 From figures which have heen shown to me to-day estimate that those in- terested have already recouped two thirds of their losses in sales, basing the estimate of losses upon the figures showing sales for like periods of last year. That Is certainly an excellent showing and speaks we'll for the advent of better business conditions"
 Charles NJ schwab, president of tho Bethlehem Steel Corporation, said:
 As recently said think the slump Is about over. From now on things are going to grow better all around and business is bound to improve. We are In for a good time of certain prosper
 ty Trade and industry will surely become brisker and brisker. There is nothing the matter with America. We were simply going too fast"
 Edward s. Woodland, treasurer of the Ansonia Lock company manufac- turing concern which employs thou sand men and which Is also closely af- fiiated with the Ansonia Brass and Copper company, was distinctly op- timistic, though conservative. In his views.
 Industrial conditions" he said, are much better than they were and are improving steadily, in my opinion. Un- i'll July 1 we had been operating our plant in Brooklyn only five days in the week. closing down on Saturdays. but we have now begun running on q six days, full time schedule and are giving employment 10 our normal number of operatives As compared with the earlier months of the year we note a distinct and marked increase in the volume of our orders and also the important fact that they come in from a more extended territory.
 John II. Towne secretary of the
 Yale X Towne Manufacturing com pany, said:
 We share fully the now prevalent belief in an early return 10 normal conditions in industrial lines of activ- ity. In our business there Is mark ed and continuous improvement. or ders are larger than at any time since the depression set In and there can be no doubt that complete confidence Is rapidly being restored"
 Things are already booming with us," said w. II Yeazell, executive sec retary of the National Cash Register company. "NIore cash registers are now being bought than In any preNio perl cd in the history of our concern. In Oc- tober of last year we thought we had chimes to customers. This was then high record mark, but when business began to pick up last May the number
 for the month was increased to 7247
 and last month 1t jumped to S270. Fol , July shipments promise to reach and may exceed 90O0 This means more than the mere prosperity of a single manufacturing concern, for the sale oi cash registers is a fair index of i'm proving business conditions in general l "There Is another good indication ! Seventy per cent. of our sales are made on the instalment plan, involving
 monthly payments of notes All thes: y notes are now being met promptly . showing that the people have ready money, and in very many instances the , payments are discounted in advance 5 the purchaser thereby saving himself , the five per cent, discount rate. John w. Dunn, president of the h. / ternational Steam Pump company said: "Our company has branch offices Z in all the principal cities of the world We are the builders of water works . pumping machinery, steam pumps air, compressors, condensers, water meters and hydraulic machinery gen. { erally. We may fairly be called build CTS of power plant auxiliares and nat
 urally where the power plant owner has made no effort to cut down on his improvements in his plant we have fell the general attitude keenly
 Nineteen hundred and six was 6
 wonderful year; perhaps the best veal
 for our business within my experience covering period of thirty years in tho manufacture of steam pumps. It car hardly be hoped that we can immedi ., ately enter upon period of such grea f activity as then, but our hand is or the pulse of business throughout tho entire country, and I firmly believ,
 that the next ninety days will see tht
 wheels of industry in all lines running l full time and at maximum production. He declares that where he was las . week the mercury dropped to zero on