Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1916-01-07
ALL INDICATIONS POINT TO-
WARD INCREASING PROSPERITY

IA million dollars, creating favor
able balance for the two weeks of
! lis million dollars. AS these ports
| normally handle 80 per cent of the
country's foreign trade, our total ex-
ports for the six weeks ending De
cember II were about 548 million
dollars and our imports 219 million
dollars, leaving favorable Trade
Balance for the six weeks of APP
proximately 329 million dollars. This
favorable Trade Balance created in
our favorable Balance for the entire
year 1909, the year 1910 or the year
1914. The Importance of this ire
mendOus favorable Trade Balance
created in six weeks will be better
understood when we remind our
selves that just year ago we We're
much concerned regarding the pay
ing off of our floating Indebtedness
in Europe amounting at that time
to just about the same as this six
weeks favorable Trade Balance.
Iron Ore Shipments from Lake
Superior points for November were
4,445 thousand tons compared with
| / .O69 thousand tons for the same
month last year. Shipments for the
season to date have been As million
tons compared with 80 million tons
last year and 49 million tons for the
full year 1913 These figures do not
include rail shipments.
The Production of Pig Iron in No
vember was 3,037 thousand tons
compared with 1,783 thousand tons a
year ago.
The Untitled Tonnage of the Steel
| Corporation reported at the close of
| last month was 7,1S9 thousand tons
compared with 6,165 thousand tons
month ago and 1926 thousand tons
| a year ago. Orders for hundreds OF
thousands Of tons were refused be-
cause the mills were sold up.
The five principal mills reported
Copper Output for October of 50
million pounds compared with SO
million pounds in September and %
million pounds in october, 1914. The
price tendency of Copper is still up
ward, the increase for the year be-
| ing nearly so per cent. The produc-
| ton continues to increase, the Wis
ible supply in this country is increas-
ing and the visible supply of the
world is decreasing.
The average Of Commodity Prices
shows an increase of more than 1C
per cent for the year. The price on
| 70 per cent of the standard articles
have increased, per cent have re-
NAMED stationary and 16 per cent
have declined slightly.
| The Northern Pine output for
October was 50 million feet compared
with 80 million feet a month ago
and 81 million feet a year ago. Ship
ments were "a million feet compared
with 70 million feet a month ago
and 73 million feet year ago, thus
making a considerable decrease in
the visible supply and a tendency
toward higher prices.
The Southern Pine Output for
October was 401 million feet COM
pared with 408 million feet a month
ago and 373 million feet a year. ago.
Shipments were 463 million feet
compared with 447 million feet a
month ago and $50 million feet a
year ago, the result being a consid-
cradle increase in the visible sup
ply and a tendency toward a lower
price level which should partially
but not wholly offset the Northern
pine situation.
The cut of Hemlock and Hardwood
for October was 81 million feet
compared with 46 million feet a year
ago and shipments were 60 million
feet compared with 40 million feet
year ago, making a considerable
|
a tendency toward higher prices.
Cotton ginned from the new crop
] UP to December 1 is reported by
the Census Bureau at 9,711 thousand
bales compared with 1903 thousand
bales year ago and 12,088 thousand
bales two years ago. Domestic con-
sumption for November was SIS
thousand bales compared with 421
thousand bales year ago.
The Winter Wheat Acreage is ap-
parently about 10 per cent less than
last year and the condition of the
crop is not so good, deterioration
having been reported from many
sections and particularly from the
heaviest wheat growing sections.
Labor conditions have further i'm
proved during the month and many
strikes which appeared serious have
been settled in record time. Many
threatened strikes have been avert
ed and labor is practically enjoying