The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-16
EXPANDING
AT QUICKENING PACE
Trade Reviews Tell of Rising
Tide Of Commercial
Prosperity.

The weekly trade reviews report a
qulckening advance in business.
Dpn's says: with gross currents
diminishing in force. the tide of busi-
ness is rising at an accelerated pace
and an era OF widespread activity is
In prospect.
Usually during a transition period
gains are recorded slowly, but strictly
mercantile conditions have passed the
stage where progress Is dlificult of dis
cernment. and of late industrial expan-
sion has been phenomenally rapid. Re-
ports from nearly all sections Of the
country tell OF the unchecked growth
OF new enterprise. which. while manifest
in varying degrees in different lines and
localities. II everywhere stimulated by
the exceptional strength OF the funda-
mental situation.
Assurance OF agricultural success,
together with almost unlimited hnan-
cial has given the commercial
world the confidence essential to tho de-
velopment of national prosperity. and
the notable Improvement in sentiment
and change Of spirit Is now more clearly
reflected In the volume Of current trans
actions. The latter. with few excep-
tons. are steadily enlarging. az is evil
,Ah,' hAN III As'hs, ~ 'a'''N
clearings. railroad earnings, commodity
prices. untitled steel tonnage. idle freight
cars and other statistical barometers.
1T Is not mere speculation or hope
that starts many wheels revolving In
iron and steel after an idlencss of sew
eral years. but a rush Of actual orders
that r. taxing the capacity OF mills and
furnaces 30 the utmost. With operations
In the great basic Industry m a scale
seldom II ever equalled. additions To
working forces are imperative II the
Increase in the number Of men at work
a broadening Of consumptive re-
q~u!rements. This puts more money In
circulation ard ultimately benefits all
branches OF business. causing dealers 10
replenish depleted stocks. making COL
lections more promp, and thus lowering
the commercial death rate"
Brddsfreet's says: Trade expands
at a speedier pace, and reports, espe-
ciaily from the eastern half " the coun-
try. are more satisfactory than for three
years past.
Activity In Industries. many OF which
are sold far ahead. IL accomps MED by
stifer commodity prices. broader dis
tribution by jobbers. good sales by re-
tall dealers. enlarged road orders. In
creased railway traffic. improved COM
nv iaish ~ ftfiAtN 1AtNll'i AZ
supplies OF funds, largely increased bank
clearings. better collections and reports
hat many houses have increased their
travelling forces.
stocks OF staple wearing apparel at
practically all points are light. the re-
suit of long practised conservative buy
ing. and the uplift in trade seems to
have developed a rush 10 cover require
ments. Most of the goods are wanted
immediately, thus crowding manufac.
turers. The New England. the Middle
States. he central Western. the South
e n and Southwestern sections all Join
In the chorus Of good reports. NANTES
tations In those zones being the best
witnessed since october. 1912, or just as
the first Balkan var began.
Wal orders, making for large pay
rolls. high quotations for cotton and It's
products and profitable prices for wheat,
provide the vehicles for speeI.er move
ments in the sections jus, named.
Labor conditions are infinitely better
than for years past. Cottouseed com
mands record prices. top quotations re-
celved, figured on a pound basis. exceed
ing the price of wheat"