The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-11-01
RICHMOND HAY MARKET.
BUSINESS At NORMAL
Continued from First Page.)

her OF last year. This Is the low rec
ord since July. 1911, and the smallest
Septem Der output since 1905.
Metals and Minerals.
The untitled tonnage Of the Steel
Corporation at the beginning OF Octo-I
Der was 3.7sS thousand tons. cop-
pared with A.2i3 month ago and
5.004 q year ago Steel mills as a
whole are operating at less than so
per cent of capacity.
The worlds visible supply OF tin on
the first Of the month was nearly
fifteen thousand tons, compared with
something over twelve thousand tons
year ago. Onr imports for Septem
Der were 4.17s tons and our visible
increased IT'S tons for the month.
Lead exports have been in evidence
since March, the total for the six
months from March to August
amounting to nearly seventy three
million pounds. Less than one-half
as much Mexican lead is coming
through this country as formerly and
our domestic exports of lead are on
the increase.
Receipts of zinc and spelter at the
leading market for the year to date
total 3.s45 thousand slabs compared
with 1886 year ago. and shipments
have been 3.219 thousand slabs com
pared with 3,497 in the same period
last year.
Anthracite coal shipments for Sep
TENDER were 6,246 thousand tons,
compared with 5,572 year ago. an
inSrease of nearly 700 thousand tons.
This is the largest September output
ever reported and the record month
for this year to date. Shipments 81
far this year have been 50,o6S thou
sand tons, compared with 5l2S2
thousand tons for the first nine
months Of last year.
! The production Of gold at the Rand
mines was $3.50 thousand fine ounces
for the first nine months Of this year
compared with $50 for the same pc.
Rod lasl year. The average produc.
ton for five years has been $3.50
/ thousand fine ounces FOR the first nine
months of the year. f4
The average price of all commodi-
| ties on October ! was practically the
same as on December ! of last year
,somewhat higher than on October /!
/ last year, but materially below the
| quotations on October /, 1912. Thera
has been material decline from the
| high point In average commodity
! prices reached on August Is of this
| year.
| The adjournment of Congress will
I nave lie USUAL elltCt Ol EIttns all
! petus to business. but the effect will
of course, be much less than would
| have been the case had Congress ad-
| tourned previous to the outbreak o.
| the war In Europe. White the war
| affects every industry and every line
unfavorably In some respects, 1t pre-
sents an unusual opportunity for the
! increase of American manufactures
1t has been authoritatively stated tina!
| rs per cent Of the manufactured good,
/ which we are accustomed to impor.
can be made In America, and the
! opening OF the Federal Reserve
Banks. which will occur between nov
and December is. will make 1t some
what easier to finance this Increased
output OF some Of our factories Al
well as the necessary establishment,
of some new industries.
Within the past few weeks. we have
witnessed a situation unparalleled In
the history of the world. We have
passed through tho worst OF 1t with.
out serious consequence, aside from,
our present losses and we are now on
the eve Of a business development;
which cannot fail to make the United
States a greater financial and COM
mercia1 power