The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-06-09
War Creates Markets.

to SctnLlaSe DUS1neSS COQQILiOuS IL LIE
United states. Though industry has
enjoyed two years ago. It Is notdceab1y
better than last year after it had SUI
Tered the effects Of one year Of Demo
cratic administration.
One OF the disclosures Of the last
week was the effect of the European
war on the market for copper. The
price OF copper had rapidly ARRANGED
and copper mining and smelling COM
panies began doing profitable bust
ness in the Last two or three months:
yet there was no noticeable demand
for copper from Europe 1n-est:ga-
tons as to the cause for renewed
prosperity in the copper industry
brought the Information that the use
Of copper IN the manufacture OF brass,
IN making cartridges, shells and other
war equipment had created a new and
ENLARGED demand. Exports Of brass
for the first three months in 1s:b
amounted to nearly 1860. 900 pounds.
as compared with 1.1S1 900 pounds for
the same period a year ago.
The entry of Italy as a party TO the
European war has called attention to
the fact that for the last few months
that country has been an enormous
buyer OF American products, either IN
preparation for its own needs during
the war, or as an intermediary IN sup
plying material to other European ma
lions. For nine months ending in
March. exports to Italy amounted to
$128, 7GO, goo, as compared with S5S,-
SOC, 600 for the corresponding period
OF a9I4 Shipments OF wheat alone
during this period amounted TO zu.-l
370, goo bushels, as compared with
/. 100000 bushels for the same period
In 1914 This shows. IN Large meas
ure, the reason why farmers have
been getting high price for wheat
ipforznation that British ard Belgian
buyers have been taking American
horses freely aud paying as high as
see each. Market reports from Kan
sas City contain the Information that
the European war has a6ded enori
moAsly to the value and demand for
grain and has provided market Tor
thousands Of horses for which the
farmer had little need
It Is apparent that although Ger
many is cut of from direct com1nuns-
cation with the United States. 1t Isl
securing American products in large
quantities from other sources For
example. in March OF this year our
exports to Denmark were more than
SIN, 800 ,OcO. while Tor the same month
a year ago. they We're only $3.50, OGu
Other countries bordering on or adj
jacent TO Germany, show correspond
ing Increases in purchases from this
country, leaving no room for doubt
that goods solo to them find their
way to German buyers
Il is not alone in munitions OF war
and foodstuffs that America has fond
enormous demand IN Europe. A Prov
;dence, R T.. concern ships hundreds
of thousands Of pairs OF shoe lacesi
each week to England; and Phua- /
delphia factory filled an emergency
call for 10;0U9QoG needles in one lot
to Liverpool Drugs. chemicals and
hospital supplies add very materially
to the demand. Automobile exports
in February. 1876, aggregated $500
SID IN value as compared with Sss46H,-
955 in the same month N 1914, an 1n-E
crease OF more than ninety-three per
cent
All this not only creates market
for American products, but provides
business for steamship companies that
necessarily do part OF their own buy
ing in this country. The French line
alone has within the last three weeks
placed under charter thirU-seven
steamers to be utilized mainly for the
Transportation Of war freight from
the Atlantic seaboard to Europe.
But even all these orders for Amer
lean products are not suhcientto keep
up the price OF some commodities I'M
der Competition with produces given
free entry under the Democratic tariff
law Last week corn declined about
one cent 1ushel- largely on account
OF prospects OF larger shipments OF
corn from Argentina
ss.sx-Ie. p q. + :. So. e 4. 81. :. :,