The Bridgeport evening farmer., 1914-06-11
BUSINESS OF IL s. PICKING
 UP RAPIDLY
Bradstreet's World Wide Re- view Predicts Steady
 Trade Improvement.
lATION READY FOR BOOM
 i. DUE EVERY TEN YEARS
Importance Of Increased IEn- ports Over Exports Is De-
 precate6 By Experts.
(By our staff Corrsspondent.) )

2
 vvashineton. June 11.-A world wide view of the world s business indicates that this country is the first to re- cover from the state Of depression that has existed everywhere, and that the U.N S. is going to be the first to 9eel the effects of boom times which che natural. laws bring about every ten years despite man made condi- tions.
 The unden1a1Ie reports of excellent crop prospects and bank elearings in dtcate that i5l1si4ess conditions for the future are excesd ding1y optimistic. Ac- cording, to Bradstreet's. bank clear dngs for the week ending May 2Sth outside of New York city, of $1 ESQ., z14 900 represent a gain of 1.6 per cent. over this week last year and of 23.5 per cent. over the same week in 1912. Tho bank clearfngs of the United States for the week ending May 2sth of g, ,ss5, 446 GOO show a decrease of 4.6 per cent from the same week last year, but an increase of 19.7 per cent. over the like week of 1912, which week contained the Mefnorfal holiday. Six ty- two ci4ies show increases in bank cleariz1ss for last week while hfty-five show losses. Chicago showed a gain of seven-tenths of per cent, Phi1a- deIphia 1.5 per cenE, Boston ST per cent, Ba1tiznorA 5e per cent, Detroit 4e per cent Cincinnati IS per cent,
 
 St. Louis bank cIearIngs fell off 2.s per cent. Pittsburgh 7.s per cent, Kansas City per cent, San Fran cisco three-tenths of one per cent, Cleveland s.1 per cent. and Los An- geles 10-5 pen cent ss
 At a meeting Of the American and Steel Institute In New York last week Judge Gary Of the United States Steel Curppratton hadd. The United States Is bound to prosper. If we are care- fuI of rp11r business and husband our resoalrcea Ag we have courage and per I gaid six months ago that, in my opinion, we were approaching the door of prosperity Do not forget that we are six months nearer to that door.
 At a trade hanqsTet, Jan 22, 1914, Hugh Chalmers noted. manufacturer of automobiles at Detroit said: There Is a new era dawning. have always voted the Republican ticket but ask you if wilson has done single thing which might hurt 8 business man. promised to do, and as we ought to have done. The currency bill has been passed, and bankers everywhere com mend it, and now in his message on trgsts-can you read anything but wisdom, and a purpose of fairness to ddence, rather than devote ourselves to regeneration Of any party; and in. doing so I believe 1914 win b a. year conspicuous for development"
 Much has been made of the fact our foreign business trade during the month of April showed an excess of fnsports1 ever exports of s1o,oo0, coo Looking at thet facts, we find the fol- loving: That during April &tne inn ports increased about $2T, ,6O0, 900 over those Of the same month in 1913. Of this amount the Importation of crude
 
 represent s12, 50O, 900; the importation of crude breadstuffs represent $4, 600, 900, the importation of partly manu- factured foodstuffs represents nearly s7y 600, coo Here Is an aggregate of s23 50O.OO0 out Of the total of $27;50o,- materials which our manufacturers use. Inc balance is made up of an increase in finished manufacturesr of s4. 4.oOO.o0o, less the decreaee in partly finished manufactures of g 1000, 900, showing a net increase in all, imported rnanufactures of g, ,O00, GOO, as com pared with the month of April last year.
 Looking at the exports for April. we find that while they decreased $S7,- 900 OO0 from the month oEf April last year, that $10O00,oO0 of this decrease was in crude materials for manufac- ture, $14O0O OOO of it was In foodstuffs, over s, 0O0, 900 was in partly finished articles and S, e0O 900 in finished man ufactures Tn other words it is in the line of fully finished articles that we have held our proportion Of the busi- ness best.
 Bradatreet.s explains the decrease in. export trade as follows: Half of the decrease in exports in April is found to be due to the decrease in breadstufrs cotton oil, meats, and cot ton. For 10 months of the fiscal year 1t is found that breadstuffs exports decrease account for TO per cent of the decrease in all exports and for this decrease in breadstuffs, lessened takings of corn, oats and barley ac- count for a decline of $4a, ,000, 900 Hence, short yields of these crops may be said to have almost turned the scale of export trade in the present fiscal year.'
 rNDT CurADET 0ET ENcJJCu