Evening journal., 1909-08-11
HORN OF PLENTY
SPILLS OVER U. 5.
Trade Reports Show Pros.
perity Such as Never Has
Been Had Before
NEW YORK, Aug IL.


in all over the country. From every Sec
tion and nearly every trade comes a re-
port Of confidence. restored and the eager
looking forward to the good times that
are sure to come with the resumption of
business after summer.
Even now. when the vacation season is
still on, the commercial activity OF the
country Is greater than usual. and the
wholesalers find a much larger number
of buyers visiting the important centers
and remarkable willingness among them
to place orders.
The New York Times publishes series
Of statements written by the editors OF
leading trade publications IN the country.
They are men who have their fingers on
the pulse OF trade and watch week by
week It's fluctuations, with no otheg idea
than to collect reliable data for the 'guid-
ance OF their clients They are thorough
ly posted on oil that goes on in the com
mercial world The universal note OF
their statements is optimism for the inn
mediate future.
Reports from New England show that
the statement OF the tariff has assured a
turers. In particular the admission OF
hides free has encouraged shoe men, and
heavy duties on woolens and cottons viii
help the textile manufacturers.
South and West Also Rejoice.
The South rejoices that just as Il be-
gan 10 take on a new Industrial life. Il
has shown that II can weather hnan-
cial storm. II passed through the panic
period successfully ana now looks for
ward TO a time Of expansion such as It
never yet has known.
The West thinks OF its crops. They are
expected this year TO pass the eight bill
Hon dollar mark and to be worth nearly
s325 100000 more than last year. with
prices OF stocks what they are. the farm
ers see nothing but prosperity before them
and the mlllera think they now have an
opportunity for resumlng their export
trade
Other Industries are IN equally health
ful condition. Miners IN general are ac-
tive and feel that the stringency OF the
last year OF two has shaken out most Of
the wildcat schemes which injured the
general reputation OF their business. The
coal owners expect that the general in
crease OF industrial activity will cause a
revival IN demand for bltuminous coal
Iron works md orders are coming in more
freely.
Rail- Dads are placing more orders and
Inquiries for structural materials show
that business also Is looking up. Lum-
bermen watch the resumption OF large
schemes with hope and foresee IN the
taking up again Of public improvements
a general demand for their commodity.
Railroad Building Wakes Again.
Railroad construction, it Is expected
will be carried on in the noar future at
almost the same rate as before the pam
ic. Moreover. a healthy feature "A the
steady improvement I'm railroad termi-
nails and in the equipment OF roads with
proper signaling systems. The under
taking OF such work on which there Is
no immediate return shows that the COM
panies feel that their returns are salts
factory enough TO permit them to lay
aside large amounts or capital for the
permanent improvement OF their tracks.
The retailers have lived from hand to
mouth, and have taken from the factories
only what has been absolutely necessary
for the current trade. Consequently their
stocks have been low and In the last few
months have been almost depleted But
now the public has more money to spend,
buyers are adopting moro liberal pol
Icy. They are I'm '~e market to buy for
fall trade and all along the line It IS
declared that they are spending much
more freely than year ago.
Clothing Men Doing Well.
Tho clothing business Is in n flourish
ing condition. SO great is the demand for
goods OF quality from out OF the way
districts that manufacturers ind Il OF
advantage to send their commercial trav.
elers to points never before covered More.
over. collections are excellent, many firms
meeting their obligations on ten day dis.
counts in order to obtain the benefit oi
their ready cash.
Yet there IS no likelihood OF boom con.
ditons Retailers have learned the dan.
gers OF speculation and are taking only
what they foresee they actually will need
They are building up an absolutely solit
business structure which will Withstand
any chance setbacks that may occur be
fore the full expansion OF trade is real
lied
The settlement OF the tariff enables III,
commercial world to go ahead with conf
4 dence. 1t has released the tea and coffel
! markets from the uncertainty that ha,
). paralyzed them. II has guaranteed al
increase In the oriental rug imports.
has caused dry goods prices TO stiffen
!, Business failures Of the last month wer
. below the average, and already there 4
a cry from the West for more labor
9 This, in short, IS a summary Of tn
y views submitted by those In touch will
r. the various lines Of business who hav
e been asked for their opinions. They rep
resent every section OF the country ant
n almost all the departments or com
n morcc.