The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1914-02-24

Pear SOt warArntsd-
Ai Ne luuk more C.ustIg 90 these ex-
/ ports and imports thvy ~liI not boar Jat
d elthTr tne statements 80 commonly MADE
Z that We can NOT compete with foreign
/ n-AAerS gr warrant the fears that for
-, .n maAers Vii lut-lte dangerously
D -4eL - lh our o. markets.
I In the face OF foreign conditions the
2 t.ta4 exports ~ iron aud steel and man
Ma lures thereof froru this co4ntry IN
creased an last October over tn. totals
Tor either July. August. or Srrt.fl Der.
some Will say. What happened ait,r tae
neN tariif u cut into effect. Just tEl-.
ne IMPORTS 20 iron and steel In octob-r.
tfLss the tret month under the new
tarlif. were t-.a1h.UHU less than they
Aefr in tctobcr Of the previous year.
II h~ exports acre S-a.Iea .UuU. u~arI. ten
uu,es greater thau the imports. Noy-
rinbrr last showed "a similar result Inc
imports we're less tiau Two ard "a naI.
AlAllluu~s a smaller sum than Iu October
so Tess lhan an thc previous Nos cu Dyr.
I s-o,0vo Gee. December brought the total
imports up 20 s-Nl5.HHu Tor that month
a. compared with steel and iron .N-
ports IN hccember in excess 81 twenty
tNo anu a half millions IaAlu. .re
Iirst thr'e months under Lhs new IautI
L me I'M ports % iruu aud steel and their
products were actually less b. ssgn 900
than Tor the corrv- psndIuE months uf
1 the previous year under tUr old tariff
Mhilc against total imgurtatlnus during
these trst three months OF the new
duties OF SI.suouee there Mere exports
. AA"AA anu EAeNa AfIN |NfAH Nf HHAANNa nu
. the same period OF almost SOS. 1000. goo.
certainly this Is uut H situation 10
B cause anyone alarm. " ben We are able
I lowered 70 sell abroad siNty-cisht mill
Hon dollars as against purchases OF less
/ than eight millions 60. dollars. and pur-
B chases indeed which We're actually
I smaller than those made under "a ola
] tariu. no one has any sound cause TO
I worry about his market being Hooded.
4 ne tide runs the other way.
Meet the World
I IT there De- one fact which more than
any other stands OUT clearly ora tue
business history OF the last lev years
I u T. this. That American maulIattur-
] ers In many lines have shown NOT only
/ usual but eNtraofdinary CAPACITY ia eN-
/ tending their sales INTO foreign markets
I and In meeting iu open Cump.titlu the
! producers OF the World. iist which
! We have been taught We could not do
! We are as a matter uf TACT daily doIr..
! II would certainly be strange n We
| were unable 20 compete Tor example iu
I when our yearly production b. "a million
| tons greater than that OF both nations
| tgeth II quantity means low cost
] this should be considered settled
We have had To- compete lu other
| markets. as the president ut the United
/ states Steel Corporation points out IN
\ the same address. with their initial PIE
] ference Tor well-knuWu foreign goods. Of
! long-es tabliSned brands, types. styles.
ana kinds OF foreign materials. with
| close Civilizations OF foreign materials.
| with close Civilizations OF foreign manu-
I la'AAlflN AIlAEhuletlf To new GuuIgtl-
/ tors IA the neld. with foreign invest
/ ments inducing preference for materials
! or the countries supplying the money,
| with preferential dutI,s accorded BIZ
Z the colonies of European countries To-
I their mother country. and with lower
! WAGE scales. Despite au these. says
/ Air. fcrreu. American manufactures
! have achieved noteworthy results IA the
I upbuildiug OF their foreign trade.
More For Confidence.
| Among other elements that count
] confidence
weather IN the great agricultural states
was IN the early. part Of the winter
| due attention to their soil. while the
winter wheat belt Boa which "a lars.
/ acreage than usual has been sewed and
! ln wpich tine plant was at last accounts
/ In good condition, i~ vel covered with
| snow. Circumstance which t. for the
| present wholly favorable From the
| conditions thus FAR existing concerning
! this Important crop no uutaVurabIc
/ pT0phcsics can be drawn.
| The uuullrd tonnage Of the United
I states steel Corporation ON January 81,
/ 1914. was 4.ouU.uup tons. an increase of
! $4,000" tons over the unified tonnage
| az the close OF December and larger
| than the unified touuaLv AT the close
! oil any month since september.
| Looking back over 10, record OF UNI
| nlled tonnage FOR this company We find
! that the amount untitled al the close or
1 last January was greater than at any
| vembcr 30. 1911. and that indeed. tax
| Ing the qudf Jerly reports OF the COM
| IuflN oasis there were but four
! periods from the close of 1909 to the
close Of 1911 iu which the uunllcd tom
I mage was as large as at the close OF
| January last
1t b. Important also TO note that
! reckoning 10y the teu-ycaT period. the
/ record shows that there Is au average
| increase IN the untitled tonnage during
Z January OF TIE present year ls. there
| fore, about $4,000 tons better than the
nor MAJ Tor ]" wears past. MurrpNsr.
I there BE- evidence that % number ct de
I lcfred orders ATE stlll Co come, amt
those best informed 4u financial circles
L state That % Wil not ht surprising DO .
month hence the statement for Feuru-
any shall show another gain iu the uu-
oiled tuuua-e. There b. boo tho above
, record nothing TO cau-. concern. esq
l,cially since the steel Corporation Zee
ports an increase OF bookings Oh 10000
! tons daily boz Tine first hall ur February
January.
Iru.. the present untitled tonnage or
10000 tons. or even more. as % was
during The Inter months az tl" close uI
d. Therefore un boom. and ann very
T LIau that Their. I- mot. 90 seems eco uIu
4 bvt.nr Tor tn' industry aud The country
. iIhI lh" recovery iron. .Hr slight DE-.
preston uf tue I.-t ffI should Boz, grad.
I uni ana regular tuar tuat Dr. should ,>-
Z paud Co" fast u-s tre word '-u.Nr
depression ad.i-.4|y. Iur rr tn, lowest
point uf The recent winter FI. urII..t..
/ orders wrr, greatly boo rN,.-. uf those
'U' low point of D.g.Un Der 3d.. I.Iu.Wu.l
lh' untitled tonnage was Jess .Hau L-
/ 100000" ns taken as basis cod ,smpnrl.
son ll NiI Pc 'i'lr I"at iu' IHw point
/ ut the recent faU .ss over mI..luu auI
a. tHli tons DO excess uf tu. Iu.,-. rrg-
ord. an excess tu favor OF tine .H.l,.f
cent
I'm other words % tHc toHfr w.r. Boy
1 CuufruIIrs factor 900 f.. condition u.
in" steel market .u.h t I,...u .H f.iut-