New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-12-06
PROSPERITY RULES
Sho,cn IN Reports from Hide
Range of Business.

The December number % American
Industries" the official organ % the Ma
tiOnal Association % Manufacturers. cor
tains a symposium contributed by the msnn-
bers CT the association on present cOndi-
tions OF trade an1 probabilities for 1910
The prepond-rance OF opinions indicates
good present business conditions and good
future prospects.
Iron ard steel. which Includes the two
metals IN a raw and northumberland
state. report that business increased .
per cent in the year ended December l.
1862 Machinery. directly allied with iron
ana steel. also shows a percentages OF m
crease. and every manufacturer in this
industry believes the outlook fer 1910 -
extremely promising.
Manufacturers OF food products. which
includes the great packing plants. the
brewing and distiIiing plants. cereals and
their immediate by-products. are not
init n experiencing good business cordf-
tons. However. % per cent OF them be-
hsve that the immediate future holds
much promise. The average increase IN
business IN this Industry for the last year
is the lowest classified. being - per cent
The prohibition movement has had an In
fJence on this trade.
An industry evidently enjoying present
property and having unoounded conf
dence IN the future is that devoted to the
manufacture Of agricultural Implements
The trade increased its business 81 per
cent, and every reply received in the can
vass reported good business conditions and
good future prospects. Textiles. lumber and
fits manufactures. leather and It's manu-
features. all show a satisfactory condition
ale -. e ~
classihcstions. such as the cement and clay
products. crocksry AMI glasswars. paper
and printing drugs and chemicals. and
tools and hardware The percentages ot
Increase are strongly conservative. but also
entirely Indicative OF a return 70 normal
conditions OF prosperity.
John Kirby. r. president OF the National
Association OF Manufacturers. summarizes
the many encouraging indications OF re-
vivaI OF trade throughout the country.
proving By reference 20 bank statements.
freight movements. agricultural output. rail-
way development and largely Increased
manufacturing and sales. that trade condi-
tons are practically normal. and also that
probabilities FOR The coming year ar- sx-
tr-mely promising.
1t IS quite within the bounds % con-
servatism 10 say that to-day. practically
two years after our so-calIed panic. the
country has reached a condition OF normal
prosperity" he says BY normal pros
perity is meant be IL understood. a salts
factory state OF manufacturing selling and
collections. This statement is not based
upon unsupported optimism, bur upon such
Unfailing trade baroreters as the argicuIt-
uraI output. bank clsarfngs. manufacturing,
movement OF freight and other well known
indications"
Henry r TcTne. a New York manufact-
urer of tools and hardware. writes;
III raw materials are not advanced-ve
think they are high enough at present
there is no reason why this country should
not enjoy a wave Of prosperity greater IN
length OF period and more profitable than
ever before
The report OF the American Steel Fcun-
dries. Chicago. says: There is nothing 20
interfere with good business for several
years unless there should be serious fail
urs Of crops or unjust legislation. which
dc not believe We are likely 70 have"
The Inland Steel Company. Chicago: The
general condition Of our business ar this
time Is. both as regards tonnage on cur
books and future prospects. the best IL has
ever been n our history. We expect 20 do
more business during the next year than
we have ever done"
The Westinghouse Machine Company:
''The outlook for the coming year Is very
encouraging. there being every indication
that in the year 1910 we shall do a larger
business than has been done heretotors in
any year Of the company's history"
The Hildreth Varnish Company New York:
IF the different state legislatures would be
a little more charitable with the railroads
and this seems TO be the tendency at the
present time. We believe general business
viii be good for some time 70 come"
Briefly epitonized. the general opinion Of
the manufacturing interests. representing
the bone and sinew OF the country's bust
ness. IS that trade conditions are practically
normal. and that prospects for 1919 are ex-
trsuely encouraging.
Following is a table OF percentage show
ing present conditions OF trade, average
increase Of business per Industry since De-
eeEnber. 1905. and trade probabilities for
1910. based upon the statements made BIZ
members OF the association: