Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1915-04-15
Eighty of the Ninety National
Bank Examiners in the United
States Report Permanent I'm
prOvement.
MANUFACTURES PICKS Up
Orders Are Placed for Railroad
and Building Steel--New Eng
land Still Feels Effects of Re-
cent DepressiOn-Savings De-
pOsits Show Increase.

WASHINGTON. April S.-Busncss condi- !
ions throughout the country are show !
ng marked Improvement in almost all
ines, according to reports from national
park examiners made public tonight by
he treasury department. Eighty of the
ninety examiners in the United States re-
ported a permanent Improvement in
business and Maine is said to he the
ony state where real depression exists.
These reports are announced to be the
result of careful observation and supple
mental to the regular reports on business
conditions made each month to the
Of the currency.
pronounced hopefulnes~ Is prevalent
in nearly every district" says the an
Agricultural conditions arc
generally excellent and commercial lines
with comparatively few exceptions. are
their activities, mainly through
an increased demand. hut in some cases
preparation for activity is expected to
develop with the coming of good wealth
Pr. manufacturing is on the increase and
those industries having orders for sup
plies from foreign countries continue os-
peciallY active.
ORDERS FOR CARS AND STEEL.
Further s,ders have been placed FOR
'ars and rails by the railroads and
some large contracts have been made
TO, structural iron for large buildings
IN different portions OF the country"
The statement attributes depression
10 unusual conditions abroad, but says
that business here has been stabilized
through the application Of economy.
"The SOUTH" it continues, "s show
ing marked Improvement. The sale Of
cotton is active at advancing prices.
with the result that all business in
that section is feeling a steady and pro-
nounced Improvement. The prospects
for large crops generally are excellent
and there will he greater diversified
ton.
l.,MEER INDt' STRY GONZALES CE\T
"rhc western states and the Pacific
States are showing a general improve
ment Tho lumber industry is slowly re-
covering and the number of tourists "N-
coed expectations. Mining is resuminS
on Il larger scale, and the crop cond,-
tions are excellent
The New England and Middle Atlantic
States and portions of the central West.
although generally reporting an i'm
pruvcment. seem to feel the past de-
preston the greatest extent. 'armers,
however, generally have had satisfactory
results: but manufacturing, with the
exception Of that to fiji foreign orders
is feeling tho Improvement to the least
extent. There is Improvement. however
in most lines. The bond market has be
come active on n higher level. Savings
bank deposits are increasing and gen
orally banks nave an abundance of
money. The tendency has been Tor all
to curtail needless expenses. and as q
rule, there Is lessened demand for
money.
CONDITIONS IN NEW YORK.
THE reports from New York and other
large cities show the trend of business
conditions outside Of farming commune
ties:
New York-Thore has been no time in
the last three Years that merchants and
manufa Cturcr- We're such small borrow
crs. indicating that their present capital
is sufficient for their need and that Dor
rowed money cannot bc invested profit
ably by them. rcices of ediblos have de-
clincd a trlnc. business fairly good III
grains. Industries for supplies of war ma
tcrials, cotton, hat manufacturing, iron
metals, copper, shoes. textiles, etc, are
improving on account of the European
war. Other industries will improve if
the war is continued long. Regular steel
business is picking up. Emhroideries and
laces are looking UP. Lumber business is
improving a trtic, Wholesale groceries
are inactive. Electric and railway sup
plies are spotty but not much below nor
NAL Fertilizers are quiet Volume of
stock and merchandise is in keeping with
the volume Of business. Not much stock
carried ON the shelf
IN PRINCIPAL CITIES
"Boston-strong feeling Of optimism
and business generally regarded as
improved
garded as improving.
"Philadelphia-Prcsc and mme-
date outlook. business conditions are
encouraging and showing gradual inn
provcment.
"Pittsburg-Prescnt conditions show
increased activity.
"Chicago--Present conditions dun
Immediate outlook hopeful in tone
business showing slight Improvement
st Louis-Busincss conditions
stand at highest point since May
1914.
san Francisco--I}usincss people are
in better spirits Present and imme-
date outlook better and steadily inn
proving
NEW ENGLAND.
"Of the seven New England districts
reporting none show a decline in bust
ness conditions, while three districts
show Improvement Maine is the only
portion reporting real depression
while other reliable interests report
that the situation is improving,
General business conditions through
out the middle Atlantic States show
Improvement, only two districts ,Read
ing, Pa. and Maryland being except
ed The general and immediate out
| look is reported as good and healthy
| in tone No business is declining
| Manufacturing generally is increa sin,
and the production of articles for tn,
use OF loroifh armies Is actiN" in thi
section also. Ihcre is some Sign