The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-01-08
TOPPER CONSUMPTION IS
MORE In 1910 THAN 1909
.China's Cotton Production an
Enigma to the Statisticians
of Commerce.
gY PRESTON q. ADAMS.

sigh class bonds. This seems TO be gem
.ral and effects all classes OF these Sc
,uritics. There is in financial circles
reneral belief that this means a healthy
y normal business without the financing in
-ident 10 boom times Investors appar-
{ .n,ly are shy of new ventures in\ the line
of stock exploitation.
Thsre seems 10 be disposition on the
4 psrt OF railroads and other great corr
poratIons to come into the market for
s loans for the legitimate extension OF
2 business when conditions are favorable.
q This Is regarded as a good sign, for If
|,they were not convinced that the pros
pccts for business were good they would
aot he willing 10 add materially TO this
4 haed charge.
Ae Il result of the self examination OF
methods which have been brought about
ty great Industries OF the country, there
lis q tendency To improve methods 80
thai labor costs may be reduced. This
8 has RESULTED in d considerable reduction
n the number OF employees in some lines.
And this is likely 10 be permanent
.!Wbile II will be hard oh those directly
6 iustment TO new conditions. This is par.
iiculary true with the steel and allied
Industries and with the railroads.
4 j. r. Rowland who has been general
manager oi the Texas City Steamship
company, is now traffic manager OF the
,jAtianls. Birmingham & Atlantic rail-
tRay
TIC many New York friends Of j. T.
tIHahan are glad TO know that he does
moi contemplate retirement from active
frariicipation IN railroad management be-
PAUSE OF lis withdrawal from the presi-
Z tency OF the Illinois Central. Mr.. Hara-
9 hans plans are vet uniformed. He VIII
rrohatiy take long rest before ne gets
lack into harness.
E Copper Consumption.
4 The domestic consumption OF copper in
.t1e10 has been slightly larger than III
4 1919, lat more than % per cent less
1 Than IN 1895. which was the banner year
!. .fnr, Tire electrical Compa MES. wire drawers
..aad brass founders. In 1906 the con-
gtinTtion vas estimated at 6so.0Oo.OOo
Bounds.
The consumption Of copper has fallen
Ifpfs Vrry heavily in the last few months
ia this respect going hand in hand with
the iron trade. and ii is evident that
hnlar .encdiai measures are necessary
8 Stools of unconsumcd copper are
Greater today ihan year ago-thc out
pri y iocprL breaking and consumption
ll i"ss The so-called visible supplies
N Europe are largely farce.
Ire sizc Of The India cotton. crop re-
gently that II may be expected that the
penp.e WHO like 10 dwell on these mat
icrs will mex, turn their attention TO
Tie size of the crop Of China.
y China is ono cotton producing coun-
try OF whose crop little Is heard. China
exports 200 QUO bales year 10 Japan.
nnd these exports arc constantly in
tcgcasins. Most OF the cotton raised in
!hina, however is manufactured at
hoinc by hand machines. and, therefore,
VI Tie crop, Japnn Is very much Inter
3 esied In Chiua's cotton crop. and the
Japanese know better than any one else
now much cotton China produces. Some
conclude world
but Il is doubtful.
Como people have tried TO figure out
ms crop by estimating the per capita
requirements and dcductlug thcrcfrom
tne importations of cotton cloth and
yarn. In this way II has been estimated
4 ma CHINA 5 crop is about l.300,0OO bales
oi b0G pounds.
q OF course. such an estimate is not even
approximately correct, Some people who
neve visited tho Orient believe that
ithina produces over 100000 bales Of
coitoh IN AN average year.
Texas III Lead.
states with 3.lf0.000 bales of 500 pounds
4 gross each with d value. at II cents a
pound, OF s229,SO0,000 Florida produces
IT'S yield of IS O66 bales is valued at II
cents pound. The lowest yield Is the
1000 bales from California. although
n, ,r,lTginia Is not much ahead OF her with
~, The fourteen cotton producing states
n n order OF production In 1910 are:
sa@as' sa,sa' Georgia Alabama. Mississippi
59,on'h Carolina, Arkansas, North Caro-
ma. Tennessee, Louisiana. Florida, Mis-
souri, Virginia and California,
New capital Issues. consisting OF bonds
short term notes and stocks have beer
noated by railroad. traction Industrial
;;nnllning and other corporations In tho
sEna'.ed ~ yea states TO the grand total Of 81,
o.s oo.s..,2''g during the year 1910 a de-
sneasc saea Of sl6@,SiS.lo1 as compared Will
cso'- sso when the aggregate was sl.6Sl, $40
,e W.. There were notable decreases iI
.nc offerings of bonds and stocks and {
4sserS large Increase In the sales OF notes
s railroads, The total amount OF new
eapltal raised by the railroad and trac
te2n companies during the year was
ss,6 oSl 3S9. a decrease OF $l3S. .625. .S91
Mnile Industrial and miscellaneous cor
Of S24, 722.2l0
=, The h, Coal Trade Journal. in its review
!" une trade for the year 1870 says:
with this week we close yea
mdfked by the greatest tonnage pruduc
r, oh III me history Of the American Goa
statement can be made in view OF th
uncertainties that have attended man
nnes nn OF business endcavor during tn
vas, twelve months. and the fact tha
Ill mas achicVcd record output, unde
81 the circumstances. shows to HOY
arat areat an extent this fuel enters into In
WARS h,n OF daily life and how indspensa
olc II has become.
:. we arc accustomed to lrrcgularltie
,n the production OF anthracite; the rec
ara OF the past shows many ups an
nowhs, But once more IL has bee
Moved that IL Is most extraordinary 70
nlore than two years IN succession I
N yS~ oo~ a decrease. and consequently l9l
mIisets the falling off Of 1905 and 100!
nlsh tonnage we'll UP toward the rec
orn ngurcs OF 1907.
while of course no accurate summar
production can be made at this tim!
seems safe 10 assume that the l9l
..pei tonnage OF the United States, 10
snc ne hrst time In our history. approache
nnoo Az 900 tons. or this about $4,000.
WV net tons will represent the anthraclt
output-shpment as we'll fuel fo
nlhr use--and 100000. 900 tons. or there
spouts, Mill represent the bltuminou