Norwich bulletin. [volume] (Norwich, Conn.) 1895-2011, 1915-04-09
Business Showing
Great Improvement
ACCORDING TO REPORTS FROM
NATIONAL BANK EXAMINERS
MAINE SUFFERS MOST
In Rhode Island the JeweIry Business
Only is Depressed-Rusiness Pick
ing Up in the New England States.

Washington April S-Business con-
ditions. throughout the country are
showing marked improvement In al
most all lines, according to reports
from national bank examiners, made
public tonight by the treasury depart
ment, Eighty of the ninety examin-
ers in the United States reported i'm
provement in business and Maine is
said to be the only state where real
depression exists.
These reports are announced to be
the result of careful observation and
supplemental to the regular reports on
business conditions, made each month
to the controller of the currency.
Agricultural Conditions Excellent.
Pronounced hopefulness is evident
in nearly every district" says the an
nouncement. Agricultural conditions
are generally excellent and commercial
| lines, with comparatively few excep
| tions, are enlarging their activities,
| mainly through an increased demand,
but in some cases preparation for ac-
| tiVity is expected to develop with the
| coming Of good weather. Manufact-
| uring is on the increase and those in
| dustries having orders for supplies
fro mforeign countries continues es-
pecially active.
! Orders for Cars and Rails.
Further orders have been placed for
1 CdIS rails ny IIiO dllu
| some large contracts have been made
| for structural iron for large buildings
| in different portions of the country"
/ The statement attributes depression
| to unusual conditions.
| THE reports from New York and
/ other large cities show the trend of
business conditions, outside of farm
4 ing communities.
/ Reports from Large Cities.
/ New York: There has no time in
! the last three years that merchants
4 and manufacturers were such small
borrowers, indicating that their pres
ent capital is sufficient for their need
invested proftably, by them. Prices
of edibles have declined a, trfie. Bus
mess is fairly good in grains, indus
ktTsRs, supplies of war materials, cot
ton hat manufacturing, iron, metals,
copper, shoes, textiles, etc, are i'm
4 proving as result of the European
war. Other industries will improve if
| the war is continued long. Embroid-
cries and laceS are looking up. Lum-
Der business is improving a trif1e.
Wholesale groceries are inactive. Elec-
i trio and railway supplies are spot
ty but not much, below normal. Fer
| tilizerS are quiet. Volume of stock
and merchandise is in keeping with
the volume of business. Not much
stock carried on the shelf.
Boston Optimistic
"Boston-Strong feeling of optimism
generally regarded as improved.
"Chicago.-Present conditions dull.
Immediate outlook hopeful in tone.
| Business showing slight Enforcement.
San Francisco-Business people are
in better spirits. Present and imme-
diate outlook better and steady i'm
proving.
New Orleans-General situation re-
|
New EngIand's Report.
"Of the seven New England districts
reporting, none show a decline in bus
mess conditions, while three districts
show improvement Maine is the only
portion reporting real depression
while other reliable interests report
that the situation is improving. In
Rhode Island the jewelry business
only is depressed, all other businesses
ton exists in central Massachusetts
The lines which show the greatest
activity are those with orders for war
supplies, which include soes, woolens
coarse, cottons. arms, ammunition and
metals. Textiles, lumber steel and
iron show improvement.
'"The machine and shoddy business
is very good and there is a fairly
good business in plated ware and cop
per utensils. Packers are in good
condition.
i Middle Atlantic States.
General business conditions
throughout the middle Atlantic states
show improvements, only two districts
(Reading, Pa. and Maryland) being
excepted. The general and inmedi.
ate outlook is reported as good an6
healthy in tone. No business is de-
clining. Manufacturing generally is
increasing and the production of arti-
cles for the use Of foreign armies Is
active in this section also. There is
some slight depression in few man
unfacturing lines, also to some in the
retail business"