The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1915-11-12
New York, Nov. &. 1915.

new OTks NOV. o, lSlo.
The October business record was a
particularly favorable one With but
few exceptions the recovery in trade
and industry extended over the en-
tire area of the United States, and
few localities there were which did
not share it's beneficial effects. Relief
and qualification now emarate from
many quarters in which, one year ago,
gloomy prospects were the rule rath>
er than the exception.
Attention has already been called
in this review to the fact that the
great Southern agricultural section,
which a year ago was almost pros
trate, has, by wisely varying its class
of production, regained its former
hold upon its claim to prosperity.
This years cotton crop will be as
valuable as last, while at the same
time more acreage has been available
for the raising of crops that are COM
paratively new to the Southern farm
I ers. These include wheat and corn,
which heretofore have been purchas-
. ed for cash from the proceeds of a
not too abundant cotton income. The
result of the new policy has been two
fold; it has raised the price of cotton
while enabling the Southern planter
to secure the necessities of life other
Z than by purchase from distant localit-
les. In the West the business inn
provement is reflected in the larger
export orders, the increased consump-
ton of merchandise, and broader
demand for money. Some industries
even report an actual dearth of skill
ed labor, and, in order to fill their in
. creasing orders both for home and
foreign consumption. some factories
have been compelled to adopt "a,
hour schedule.
The railroads are now reaping Z
large benefit from the record ship
ments from the interior points to the
seaboards. A new feature in thi:
traffic trade is the immense shipmen
of automobiles, which are rapidly
changing from the classification o
luxury to that of necessity. Th'
figures for idle cars have taken ;
sudden drop and complaints of ca
shortage, congestion of traffic and o
labor shortage are becoming frequen,
This note of prosperity in favor o
the railroads is being reflected, in thu
investment centers. in increased de
mand for railroad securities. DIVIDEND
stocks having very appreciably ad
vanced in price in consequence of TIL
new buying era. Stock Exchang
houses are advising their clients tt
take whatever profits they may nov
have in the "war brides" and to trans
fer their interests to the STANDARD
railroad stocks for regular dividend
rather than for sensational huctation
in quotations.
Railroad earnings for Septembc
are showing large increases in bot
gross and net, and the statements is
sued by the Pennsylvania, New YorI
Central, and all the Northwestern
railroads are very favorable. Easter
roads are now handling heavy vol
ume of freight traffic, and the West
ern roads are moving the largest GRO
ever harvested, so the traffic return
for the last quarter of the year pro
mise to break all previous records. Il
this connection, the statement issue,
on Tuesday of this week by the Inter
state Commerce Commission sum
marizing the income and expenses G
ninety-one roads during September
particularly favorable. The repor
shows that the net revenue of thes
roads was $484 per mile of line opera
ted during September. During thi
same month last year.the net revenu