The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1916-03-01
Business Conditions Are
a. Very Bright
As OUTLINED BY DuNS REVIEW
This Must Naturally Be Reflect.
ed In the Agricultural
Communities.
HAS NO PREVIOUS PARALLEL

All indications point to splendid
business conditions during the veal
1916.
The tremendous sums which have
been spent in the United States by
the warning nations of Europe for
all varieties of supplies have made
money plentiful in this country and
this abundance of cash has given a
most extraordinary stimulus to all
lines of trade.
With the prospect that the war
will now continue throughout an
other summer, if not longer, and
with the big steel companies and
other manufacturing industries load
ed up with orders twelve months
ahead, it is easy to predict prosper
Gus times for many sections of the
United States, and this must natur-
ally be reflected in purely agricul-
tural communities. because when la
Dor is employed in the manufactur-
ing centers, foodstuffs move freely
and at good prices.
Dun's Review in a recent issue
is especially optimistic. Surveying
the outlook generally, The Review
said in its summary of business con-
ditions:
l. n1a
foreign business as internal demands
show further expansion. War con-
tracts still bulk large, but strictly
domestic requirements are an in
creasingly potent factor and provide
a more substantial basis for perma-
nent progress.
Nothing in previous experience
parallels the existing situation in
iron and steel, and Industrial devel- !
opment everywhere continues apace,
even the textile plants making head
way in spite of the dyestuffs handi-
cap.
Retail movements of seasonable |
merchandise, though varying with |
the weather, bulk heavy in the ag-
gregate, but chief interest in distrib-
uting channels now centers on the
brilliant prospects for spring trade.
The disposition to enter upon for
ward commitments is a prominent
feature in all important lines and
buyers are unusually numerous in
the leading markets, such as dry
goods, leather and footwear.
Complete statistics for January
bear striking testimony to the pros
porous condition of the country, ear
ly returns being supplemented this
week by records of untitled steel ton
mage, railroad earnings and building
permits, all of which show continued
expansion. Moreover, Wholesale
commodity prices last month advanc-
ed to the highest level in a great
many years, owing mainly to the sus-
tanned consumptive demands and ,
money in circulation was further in ,
creased by about $25,OOO,OOO. The
latter development tends to make ,
collections generally satisfactory and ,
failures reflect a mate /,
'ial reduction from the high mortal
ty of a year ago.
1T is not unusual to witness ris-
ng commodity quotations in Janu-
Try, yet the upturn last month was I
particularly rapid and Dun's Index !
which makes proper allow .
Ince for the relative importance of :
ZACH article used, reached the high +
'st level in forty years. Since the i
beginning of last September the adj Q
'ance has continued unchecked and :
While speculation has been infiuen- \
ial' the present position of whole
ale prices mainly reflects the steadi-
y broadening consumptive require
nents, due to the greater ability of
he people to purchase" :
l.