The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1911-09-15
OUR PROSPERITY
ABOUT TO return
CONDITIONS INDICATIVE OF SAT.
ISFACTORY SEASON IN
EASTERN CENTRRS.

MOST OF Reports Show Steady I'M
ProVements in Business Condition.
Throughout the Country-Opti-
mism Prevails Over Grain and
Cotton Crops Says Dun's.
Duns Review for the week ending
September . takes a very hopeful
view OF the situation; business pros
poets; crop conditions; throughout
the country. In summing up the
week the Review says:
Steady improvement in business
conditions is indicated by most O.
the reports which come from the
leading industries and from trade
centers. This is further confirmed
by the gain in bank clsarinEs. the
reduction in number OF idle cars and
the increase in pig iron production.
Apparently there is much more op-
timistic sentiment regarding the cot
ton and grain crops, in spite of the
recent Government reports of condi-
lions; and with the prospect of fair
average farm returns, low stocks of
goods on the shelves of distributing
merchants and an abundant supply
OF money, the fall season is opening
with considerable growth OF con-
fidence, which Is helped by the lull
in political activities, the gradual
subSiding Of war talk abroad and the
better outlook a. regards the labor
situation at home. Resumption of
work in many New England textile
mills this week Is an event of value.
Moreover, the demand for dry goods,
both jobbing and at retail, il i'm
proved. While the wool market is
more quiet for the moment, business
Is fair and quotations firm. In the
shoe trade conservative gain also Ap-
pears, and the same is true a. re-
GSrdS leather. The improvement in
pig iron and steel IL mostly in the
increased output of pig ir,l aS in
finished materials there 10 = d:min
ishei demand except in struG.urA!
goods, the continued activity in
operations. Altogether the quicken
ed movement in general business
while not large, 10 indicative of .
satisfactory season of fairly normal
conditions. DurInB thu nrst weak =:
September 1t 10 noteworthy that
bank elearings outside of New York |
City increased 40 per cent over
1910 and 11.2 per cent over 1909.
while at New York there was 4 gain |
of 7.6 per cent over 1910 and . de-
crease of only S.6 per cent compared
with 1909. Railroad earnings during
the month of August were almost
exactly the same a. In 1910. For
eign commerce returns of the port
of New York in the latest week chow
exports of 412,S72,46O, an Increase
of 32,794,0OS over 1910 and of S3,-
514,40S over 1909, while the i'm
ports were S15,S7S,871, = decline of
R1.1O7.SO0 from 1910 and q gain of
S2s7,S44 over 1909.
The enlarged operations in pig
iron are indicated by returns cover
ing the production during August,
which rose 1850 tons to 1896
637 tons. according to Iron Age; the
daily rate of output reached 63,150
tons, or 1909 tons more than in the
previous month. and the capacity OF
the 20S furnaces active on Septem-
Der / was 3.991 tons e day greater
than that of the 196 furnaces in
blast on August l.
Most OF last months expansion
was due to the increased turnover OF
the leading interest. whose bookings
and shipments in that period were
heavier than In any preceding
month this year. In tho finished
lines the existing price situation In
duees consumers generally to contins
purchases to actual needs. Compe-
tition for new business has become
very keen and buyers accordingly
md II easter to obtain concessions.
The wire trade reflects reduced ac-
tivity, but in the structural division
many mills have enough work to
keep them fully occupied for sew