New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-19
jRIEF NOTES OF FINANCE
u,-suraphS Of Current Interest
for the investor.

tor me lIlVeSlUI.
,.,-sa ding volume OF business In
Tn -.,,sa states may be appreciated
De ,sn foreign trade statement for the
hon ~ :, september. Both imports and
Don'. we're the largest for the month
'Hpo. ,.S hut imports compared with 1911
rs" much greater increase. For
sa0" ~. months the comparative increase
ne ll'- .cts over 1911 exceeded 10000. 600,
- ,ss increase in exports was under
Snio co Barring a disturbance by the
49, war of our trade resources, as
D'Hl.'ro,sd by foreign connections, Ameri-
,nsustral export trade faces a cheer
." outlook. The effect on our financial
~ ,.son bv the increasing imports is a
p', .,,on which will be met by future de-
y rsopments'
y s.Dterber Earnings Awaited,
49, earnings statement of the Harri-
4 ,,ros for the month OF September,
DO ~ uyrI he published the latter part Of
o.,obsr will be awaited with much in
80 The current information is that
y. bueipess Of these lines is showing
s,,rnoys increases in both gross and
y, Int such an impression is natural
."., the favorable August earnings re-
port
Modern Western Travel.
r.ovslling In the West has changed
,..rg the last fifty years beyond the
s,,ams Of the romancer or the ambitions
= .mpirs developers. From the old-fash-
.-.6 stage coach Of the SOS, made pict-
"..sous and interesting by writer's OF
~s1.-r story and verse, to the latest I'M
-,oc.ment in travel introduced by the
&C ia IN the Santa Fe de Luxe train
s.,r.s, Chicago and Los Angeles, is a
,h,rr, that few in the present period can
.,nr,ctate This train not only runs on
"a fast schedule, sixty-three hours
s.,o lake 10 coast, but also affords the
cavalier practically hotel service. Inc
,,.,r IA made I'D Of a buffet-liorary car,
ara ,Il.drawing-room Pullmans, one COM
,.-tneut drawing room Pullman, a ten
..o.ion observation Pullman and a Fred
u.rv,y dining car. Shower baths, a bar
~, and a tailor are 10 be found on the
,r.tn a. well as many other Innovations
making for greater comfort on the trans
continental journey.
Nine Months Copper Statistics.
ina copper statistics for the first nine
ropths of 1872 according TO the figures
,,sDsred BY THE Engineering and Mining
journal" show that deliveries by Ameri-
xn rshners by quarters have been as
follows
Tir,t quarter ....... .lS6, O5e,I65 2OZ,Ve DO
Ss,npd quarter 800. .21s. 3G2,G52 lo4lSIgll
Third quarter ........2lS.2IT6O5 l5O'e'L'@''
Totals ............. Co7. 69a.6a6 6n.l54,7e4
The production Of rehners and shelters
has been as follows:
Refners. '9melters.
Fir,. Quarter ....... 38I, O6s.1 4O3, go, 779
second quarter ..... 8T4,5lTIZO ~, ga go
Third quarter ...... 4z@'9''.4oS 4-4,o-4,o 1t
r0,Ls- ............I,l5s. 4s5.352 1,227.lss,a5o
Partly estimated,
The smelters' figures should be reduced
by about 100000 pounds for the nine
months 10 allow for smeIters who report
blister copper rather than the copper con-
tent thereof, and also for the copper that
goes into bIuestone, recovered as a by
product !
The domestic deliveries during nine
lonths averaged about 67,5O0.0oO pounds
month; the foreign about 64,000,00O
pounds a total Of about l3l,500ooO
t0unds Domestic deliveries increased
quarter by quarter the foreign did not
Apparently Europe early in the year
reached the point Of IS maximum de-
mand upon US for the present In the
ast quarter American deliveries were
sbOu; 100000 pounds, foreign, $4,000
900 pounds total 135,oO0,OOO pounds.
Effect Of Balkan War on Trade.
The effect Of the Balkan war on Euro
psan trade is viewed az followed by The
London Statist':
Trade is exceedingly active both in
Germany and In Austria-Hungary. The
var will certainly make II impossible for
their Balkan customers to pay up prompt
~ and possibly, therefore, will put stop
more or less 70 the trade for some time.
What Will Be the effect upon the total
trade Of the two empires, then, It will be
Interesting to note. Our own coun-
Try Is likewise a large exporter TO the
Balkans, and our own merchants will, Of
course, experience the same difficulties as
hose Of other countries. But our trade
b 50 immense that the trade with these
little states is trifing compared with the
'otal Probably, therefore, when we look
back al the end Of the year it will be sur
orking 70 see what little effect will APP