New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-04-09
National Bank Examiners
Report Conditions Every
where Better.
BENEFITS FOLLOW
FORCED ECONOMY
All Lines of Industry Permanent
~ Placed on a More Stable
Working Basis.
fFron II. rribun. Bnr.an.l


Washington, April s.-Stating thst
business has been stabilized through
the application Of economy. and that .
permanent improvement has been
noted all over the country. q sympe-
SUM OF the reports of eighty national
bank examiners was given out to-day
by the Treasury Department.
Ninety per cent Of the examiners
report an improvement In business con-
ditions, including the immediate out
look on April 5. These reports cover
the entire United States and are de-
clared TO be the result Of careful oh
ser~s,iop,
Further order. have been placed for
cars and rails by the railroads, and
some large contracts have been made
for structural iron for large buildings
in different portions OF the country,
the report states.
Expect Permanent Benefit.
although business has passed
through a depression caused by the
unusual conditions abroad" says the
statement, ain many ways the result
will be a permanent benefit. Business
throughout the country has been stabil-
ICED through the application Of econ
omy. This economy has been applied BY
the manufacturer, merchant, farmer
and individual. The result has been the
placing Of all lines upon more stable
working basis"
In the South the bank examiners re-
port sales of cotton at advancing prices,
with resulting improvement in all lines
of business. Prospects for large crops
are said to be excellent.
States adjoining the Missouri River,
and the Mississippi, above st. Louis, are
reported as enjoying exceptional pros
perity. Western and Pacific states are
/ said to be showing a general improve
ment. The lumber industry there is
showing slow recovery, and the number
of tourists exceeds expectations. Min
| ing is being resumed on a larger scale,
and crop conditions are reported ex-
celent.
( New England and Middle Atlantic
/ States and parts Of the Central West
report an improvement, though they
/ seem to feel the past depression to the
/ are increasing, and banks generally
/ have an abundance OF money.
Conditions in New York City.
Following Is the report Of the bank
/ examiners for New York City:
"There has been no time In the last
three year. that merchants and manu-
facturers were such small borrowers,
indicating that their present capital IL
sufficient for their needs, and that Dor
rowed money cannot be invested profit
ably by them.
prices Of edibles have declined q
trihe. Business fairly good in grains.
Industries for supplies OF war ma
terials, cotton, hat manufacturing, iron,
metals, copper, shoes, textiles, etc, are
improving on account Of the European
war. Other industries will improve II
the war is continued long Regular
steel business is picking up. Embroid-
cries and laces are looking up. Lumber
business is improving a trifie. Whole
sale groceries are inactive. Electric and
railway supplies are spotty, but not
much below normal. Fertilizers are
quiet. =,
Volume Of stock and merchandise
is In keeping with the volume of bust
ness. Not much stock carried on the
shelf"