Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1912-11-29
ERA OF PROSPERITY
is DAWNINC

New York special to the Wash
ington Post, dated November Goth,
says:
Two weeks have elapsed since the
presidential election. and, despite the
theories of few disappointed politi-
clans, conditions of business here and
throughout the entire country are bet
ter today than they were prior to the
election.
Optimism prevails on every hand.
and importers, exporters, manufac
turers and commercial men of every
class have full confidence in steady
evanston of the already vast volume
of business.
A few items of the trade i'm the
days that have just passed will be of
interest to business men of the Unior,
carrying, rs these items do, con-
vict II as to the growth of commercial
dealing to scale never equaled in
the history of the country
GREAT SALES OF METALS.
American dealers in copper metals
have taken orders during the last four
days for upward of %, 900 tons of
electrolytic and casting copper. The
worlds surplus stock is now reported
as 1874. 900, 600 pounds less thrn it
was at the beginning of the present
year, and this is positive proof of the
immense absorption of the metal
through actual consumption.
This is n most dscournging sit
uation in that trade. 80 long depress-
ed. and the placing of tho %, 900
tons within the past week ut the pre-
vaillng rates for the metal means
good profits to the American pro-
ducers.
UNTITLED RAIL ORDERS.
Two days ago the steel corporation
was assigned contract for $4,000
tons of steel rails needed by railways
in Australia, and here, too, we have
an example of how foreign cash
through our exports is keeping up the
activities in both agricultural and In
dustrial districts of the United States.
The rail mills of this country today
have on their books untitled orders
for upward of $500, 600 tons of
steel ruils, and the month of December
will add hundreds OF thousands of
tons to such orders. for many rail
ways arrange to place their orders for
the coming year during the month of
nnpnnthnr nf IN nv nj III
EXPORTS OF COTTON GROW.
While raw cotto, is going out of
the country now ny millions of bales
per month, and is bringing much
higher prices than was thought pos
sible in view TO n crop not less thnn
Id. 600. 600 bales. manufactured cot
tons are also aiding in the bringing
In of foreign cash to maintain in
dustrial activitios in the United
States.
Since Jnauary l, 1912, nearly
SEC. 600, 600 worth of manufactured
cottons have been shipped out of the
United States to supply foreign de
mands, and the cash and foreign eX-
change which these exports have
rendered available to our mnnufac-
turers have paid many Southern
planter for his cotton and covered
manv a pay roll in the cotton fac
tories of New England and the South.
GOLD | N G X T. A S e $1,000, 900
DAILY.
The closing of the Balkin war,
which today seems very close at hand,
will increase European demands for
much the United States produces. and
will also relax the tension in financial
affairs of that continent.
With our domestic trade never 30
great as at present, with our export
business so large that cargo rates are
unobtainable save at advanced figures,
with supplies of new gold adding
more than 81. 600. 600 each day to
the currency of the world, with labor
in such demand that it ia scarce in
every department that employs it,
American business men have I'M
paralleled opportunities or doing
business
MORGAN'S MAXIM STILL GOOD.
The patriotic and wise maxim of