New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-08-27

-. oublic to aDsorp' lheIe Soe'hS W We
tn' lance for the poor stock market TO
~ live any attention.
Will Enter Minneapolis.
U.nodian reports state that railroad
.-actors have commenced construc-
on the twenty-two-mile stretch be-
W. Niobe. Ward County. n. D.. and
,orminus at the southern extension
s.bs Grand Trunk Pacific, twelve miles
=, NJ North Portal Sask.. on the Cana
~, border. Upon completion this cut
Vii then link the Great Northern and
-. Grand Trunk system, and thus make
possible for the operation of Grand
~-,rk trains into Minneapolis and St
oil over the Great Northern's tracks
,,o,o the Canadian West.
New Tobacco Factory.
new tobacco factory will be built
!, vipston-Salem. n. c., by the Brown
Williamson Tobacco Company, accord
-. 10 reports which will increase their
.,asAnt capacity twofold. The erection
:. this additional plant of the tobacco
S.r,nsnv necessitates the building of a
n.uroad Company in order to facilitate
,bs tobacco shipments. 1t is said that
,b,s company owns and operates the
,.,gsst independent chewing tobacco fac
tow in this country and also operates
,be only snuff producing plant in North
Carolina.
Commercial Paper Increasing.
The commercial paper market is broad
sring and rates are hardening. outside
offerings are coming to the bankers of
the principal reserve cities. but the rule
90 far has been to decline such offerings,
having the country banks to carry these
loans and holding the funds available in
,be metropolitan banks for their local
customers Among the New York banks
the Information gathered shows that lit
us outside paper has been accepted.
pa,ss on out-of-town paper have been
as high as 5i7 per cent
Western Fruit Crop.
The Colorado-Utah 1912 fruit crop #
&c said. will be at least twice as large
as that Of any previous year. 1t is esti-
mated that on the line OF the Denver &
Rio Grande Railroad IN Western Colo
RADIO there will be between 5000 and
10000 cars Of fruit. consisting Of
peaches. pears, apricots. piums. canta-
lOupes and apples. TO be moved between
September and the end Of the season.
In Utah the crop will approximate 5000
cars.
In Colorado the first shipments. main
" peaches. will come from the Palisade-
Cllfton-Grard Junction section about
Septembcr J. ana will continue for IL
period Of at least fifteen days al the
rate Of seventy-tive or more cars day.
The peach shipments from the Delta
Eotchkiss-P aonia-MontrOse district Will
not begin until about September Is. In
the Montezuma and Animas valleys, IN
Colorado. and in the Aztec-Farmington
section. in Northern New Mexico. the
heavy shipments will commence about
SEPTEMBER 10 Apple shipments from
Canyon city and the Upper Arkansas
Valley will begin.to move October ]. IN
Utah the shipments viii commence snort
II after September !. Except Tor carry
wrieties apples viii not commence 10
move before October !.
To harvest this enormous crop at least
dH thousand pickers and packers VIII
10 REQUIRED. and the West is being
seoured to secure a sufficient number 70
meet the demands Of the fruit growers
British Railways Improving.
Earnings of British railways are show
ing good returns and the sentiment in
the European markets is improving tow
ard these securities. The reports from
sbroad indicate that the railway situa-
t0n has been gradually improving since
the sottleUent Of the strike and a more
s,icntifc management has developed.
Cost Of Living in Europe.
The cost OF living in Europe is touched
upon in the following from "The London
s,atist":
rVJth regard to the general cost OF
living throughout Europe II Is too early
yet TO speak, but IT is to lie hoped that
there will be reduction, unless indeed,
he crops in Russia should be injured
By heat. Until quite recently prospects
IN Russia were most favorable. II was
considered certain that the distress
caused bv last years short harvest was
racticalIv At an end, that the new har-
vest would be one OF the most bounu-
tl ever gathered in and that Russia
vould be able 20 sell at such prices 10
Western and Central Europe tHdJ hie
would have an exceedingly prosperous
twelye months before her. II the prom
ise OF harvest Is carried out all this, 40
doubt will be realized, TO the great ad-
vantago OF Western and Central Europe
IT, on the other hand. the Russian crops
should be injured materially. there Is no
reason for hoping for material reduction
IN The cost Of living in Central and west
ern Europe at al events until the end
Of the year"
August Equipment Orders.
The August equipment buying by the
railroads is reported to have been very
heavy. which considerably Increases the
total so far during 1912. Up to August
3 orders for cars tOtalled 1IOJ, ran Or
cers amounted 10 58j,0J0 tons and locOlno-
tve orders reached go.
New York's Steel Orders.
Inquiries indicate a larger interest IN
49,