The Washington times., 1913-08-04
INDUSTRY ENJOYS
GREAT PROSPERITY
Commerce Bureau Figures
Show Nation Is in Midst of
Period Of Activity.

The United States Is enjoying a period
of great Industrial advancement and
prosperity. according to figures com-
piled by the Bureau of Foreign and Do
mestic Commerce of the Department Of
Commerce, on Industrial activities, COM
merce along the great domestic arteries,
and finances, as shown by Industrial re-
ports The figures show imports of
manufacturers materials, exports OF
manufactures, and agricultural prod
ucts, movements of manufacturers' ma
terials within the United States, activ-
tiles Of transporting agencies, and the
supply and distribution Of currency at
the latest available dates. In practically
all Of these the figures Of the fiscal year
1913 exceed those of the former high
record year, 1912. Imports Of raw ma
terials for use In the manufacturing in
dustries exceed those of 1912 by II,OOO, 0oO
and imports of manufactures for further
use in manufacturing exceed those or
last year by SIS, 100000, while exports OF
those of 1912 by s167 7.0o0,O00. Cotton, silk,
fibers, tobacco, hides, lumber, copper,
pig iron., and chemicals used In manu-
featuring all show increases In the
quantity imported in 1913, compared
with 1912, while in the other principal
!,
rubber. tin. and iron ore, the figures of
1913 differ but little from those of 1912.
The total value of all imports for the
year was $, 81, ,97S. 234. against s., l,653, 2a,-
934 In 1912. and Of exports 81, 465, ,sS4, 14s,
against s, 2o4, 80, 400 in 1872
Indicate General Activity.
These increases In the inward move
ments Of manufacturers' materials in
1913, when compared with the former
high record year, 1912, seem to indicate
a general activity in the Industrial in
terests,f and this view Is supported by
figures relating to domestic movements
of manufacturers materials. The East
ward movements Of iron ore through
the. 500. Canal, from the opening of nayi-
cation on the lakes to July l, 1913, as
shown by the monthly reports of the
general superintendent of the canal, ag-
gregated 15,250,0O0 tons, against l3,UO1O
in the same period of 1872 and S,25O,0O0 in
the like period of 1911. The wheat move
ments through the canal were 53,5UOUO
bushels, against f,50o,000 in the same
period Of last year; other grain, $1,000. 900
bushels, against Is, 800, 900; flour, 2,5Oo,0o0
barrels, against 10000 and all freights,
Is $4,000 short tons. against l5,SS3,VOO IN
the same period of last year, while
west bound freights through the canal
were -7,0o0, 900 tons, against 4,500,000 In
the same period of last year.
In numerous other lines of transporta-
ton, and In the great manufacturing
Industries for. which recent figures are
available the indications OF activity are
equally apparent. Many of the great
railway systems of the country show IN
their May statements, as published by
the New York Commercial and Financial
Chronicle larger gross receipts than In
the corresponding period of last year.
The net surplus of idle freight cars in
the United States and Canada on June
30. 1913. was reported by the American
Railway Association sas 63,7o4 against
lyear. Anthracite coal shipments in the
first half OF 1913, as -Ru blished by the
New York Commercial and Financial
Chronicle were 34,S5200o tons against
u, ,097 900 tons in the first half of 1872.
Lake Superior iron ore shipments in the
first half of 1913 are reported by the
same authority as over 100000 tons
against l3. 500, 900 tons In the same period
of last year; and the production of pig
iron in the six months ended with June,
1913. Is reported by the New York Jour
nal of Commerce at S,3Ss,Oo0 tons
against about 100000 in the 'corre-
spending six months Of last year.
Steel Exports Increase.
The untitled orders of the United
States Steel Corporation on June 30.
1913. are reported by that organization
as 5,s07,317 tons against 5,07.S46 at the
same date of 1912, and 3,361,05S at the
corresponding date of 1911. The exports
of iron and steel manufactures in the
fiscal year 1913 approximated, accord
ing to. the Bureau of Foreign and Do
mestic Commerce, $50, 4,500,OOO against
s26S, ,OO0, 900 in 1912, and the total exports
of manufactures other than foodstuffs
are 49, 600 900 against ST. 60 100000 in 1872.
The copper production in the first six
months of 1913 Is reported by the Cop
per Producers Association at sos. 1874, 900
pounds against 7S5, $50. 900 pounds in the
same period of 1872 and the exports of
copper and manufactures thereof lex
elusive of ore) approximate 10000, 900 in
the fiscal year 1913 against 100000 in
lei2.
Turning to the financial side, the in
dividual deposits in national banks are
reported by the Comptroller OF the Cur
rency at 1888. 100000 on June I. 1913,
against s., ,S25. 900. 900 on June IA, 1912; their
loans and discounts, Sc, 200 against
81, ,954, 600 900 on June II. 1872; while the
total money in circulation in the United
States on July l. 1913, is reported by the
~, ~ af