New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-03
BRIEF NOTES OF FINANCE
Paragraphs Of Current interest
for the Investor.

psyorrn IDEAS are breaking out In differ
a., wavs among the clergy. Now a cler-
lyman is going 20 leave the pulpit for tho
stage for the purpose of eleyating IL.
WIN moi invite the clergy who are going
% reform the stock market to open trad
,rg accounts and get into the business.
,rbev would help elevate the stock mar
tet considerably.
Increase for Month and Year.
The report from Sears. Roebuck 4, Co
shows that during September sales to-
,alled Bl76,l2, compared with &,659, 4i3
DOR the same month In 1911 This shows
n gain in the selling output of HOO per
cent The report Of sales from January
, this year. to September so, gives total
~ rs COS. SIS, as compared with S44, 518,557
Cor the same period in 1911, or g gain Of
@Ts per cent.
Way Down South.
The land and industrial department OF
che Southern Railway has issued tho 1919
EDITION of the Southern Railway Textile
DIRECTORY, giving the cotton, woollen
Knitting and other textile mills along the
Southern Railway, Mobile & Ohio Rail-
-oad the Georgia Southern & Florida Rail-
wsy the Virginia & Southwestern Rail-
vsv and the Southern Railway In Missis-
s,ppi. The directory shows total OF ~
r,lis In operation NJ the beginning OF this
wear, 1902 looms and S74s,6lo spindles'
Tbers were 6l4 cotton mills, las knitting
mills and IS woollen mills.
Goal Trade Review.
IN this weeks Goal Trade Journal the
s,ate Of the coal trade Is summarized In
part as follows;
THE soft coal market continues TO give
a good account Of itself, and those opera
tors whose discretion prompted them 10
mold open a good percentage Of capacity
for transient business are well satisfied
with developments. However. there are
not many of these, perhaps not as many
as there are Of those who overestimeted
their shipping capacity and are now
Obliged 10 buy coal TO meet their CONTRACT
obligations. Therefore in the main the
present season OF prosperity IL chieny
valuable for the lessons that II teaches
and for the opportunity afforded to start
1913 on q higher basis. There are several
important factors leading up 10 the
rresent situation. Doubtless the most
pleasing circumstances OF all is the fact
tbst indications point to a permanent i'm
provemert In the trade.
ut can hardly be said that, interesting
as the anthracite market is, II shows
much Of novelty as the weeks go oy' Inc
gtrineency that developed In midsummer
as soon as the extent Of the shortage the
psrmanence of the advanced price ana
The unfavorable labor situation became
Hpparent still continues, and each week
the tensity becomes a little more pro-
uounced."
Foreign Stocks OF Copper
In the fortnightly copper statistics re-
,,,rt of English and French stocks as OF
September 90, q decrease OF io75 tons 10
shown. and copper supplies afioat de-
creased 10 tons The visible supply was
ASS tons. compared with 45,52S tone on
september Il, and $3.50 tons on Septem-
her %. 1911. At Hamburg and Rotterdam
the estimated stocks were 400 tons, COM
pared with 4,4t5 tons on September H.
Fewer Failures During 1911.
During 1911 in England and Wales, ac-
eOrdlng 10 consular reports, there were
fewer failures than IN any annual period
During the last twenty-five years.
The heaviest losses occurred among
builders. directors and company pro-
moters and merchants. There were In
creased liabilities among financial agents,
farmers and leather dealers, and de-
creased liabilities among bankers. silk
manufacturers and merchants. boot and
shoe makers. and dealers, diapers and
Rrocsrs.