Fergus County Democrat., 1916-10-12
STORY OF PROSPERITY.

STORY OF PROSPERITY.
To those people who still have lingering doubts concerning
the genunens of present prosperity would recommend
careful perusa Of that authority trade and finance Dn
Review In department. that paper reports from the entire
country groups The headings of the respective groups
follows Western SatesGeneray prosperous conditions indicated
BY the steady demand for merchandise Pacific States Business
NAL departments with indications pointing to Improvement
Central the call for all kinds Of commod
and manufacturers busy Southern Saesgh prices for cotton
and other products having stimulating effect business South
Atlantic StatesWhoesaers report heavy OF fall
chandse and optimism general Middle Atlantic StatesFa trade
very satisfactory volume and manufacturing plants extremely busy
New Eng land SatesWhoae and retail business improving and
industrial activity well maintained
In its weekly editorial review Of the general business situation
Duns says:
Restraining influences hamper but do check progress
reports adding the accumulated evidence Of prosperity industry
trade transportation Holiday have had the usual e
feet Of temporarily limiting business branches and labor
dhons still restrict manufacturing operations yet bank ceangs
leading cente well the smaller cities, upward
steadily and other statistical baometers also make remarkably crafty
exhibits The high and prices constitute of
plant and hesancy forward commitments but the
chasing sustained by the full employment of workers ad
vanced and Of contraction consumption the
on noteworthy that demands broadening practically
direction following the partial eup midsummer and retail ds
BUTTON under the stimulus OF recent cool weather. has developed
way that oreshadous record during the fall and
With increasingly mportunae notwithstanding the high
there apprehension that supplies inadequate
and those who requirements well ahead make
urgent efforts orders the books Of producers Yet most
manufacturers to reduce accumulated business
than accept additional deliveries being backward
because labor scarcity and other conditions full
the machinery available The shortage of also hnders
shipments though Of railroads reporting for three weeks
of September than 1915 and merchandise
exports last month"; spite of the restraints imposed
largely surpassed all records With comparatively
few exceptions mercantile collections satisfactory and preliminary
Of months failures show marked decrease from the
high mortality of 1915.
This Of big achievements, and the
opinion that $5OOOO0OO the monthly limit domestic
chandse exports Until August the habon mark had beer
attained either by this other country and possible tina
the colossal figures be ecpsed goods be
duced fast enough and sufficient ships available carry then
The approach the August record the 5
100000 reported last May for the eight elapsed months the can
dar merchandise to the value of has bee
abroad while less than 81 7000OO000 has With
ports exceeding imports by wide margin and with about ST 300
100000 of American railway securities qudad by Europe tn
last eighteen months surprising that sterling exchange fails
volume.
wall street experienced the active stock market
1907 and also witnessed twentieth millions day
Outside interests again bought with renewed enthusiasm the openn
and high levels established before professional pessur
brought reaction The of prices highly confuse
throughout though gains ouanged losses and sixty rails Gle
higher than week with ndas up $l.l6 Compared
last year, the advances 500 and $222 respectively Spec,
aton shares encouraged by the noteworthy money whc
also stimulates the demand for bonds Thursdays sales
the latter being the largest weeks The Loee estimate conme
reports of foreign selling Of American securities placing tn
European liquidation of railway alone during year ended Jul
81 last at $500. 100000 par value
One of the most striking features of the the persstel
which the metal markets participating actve
Renewed strength has replaced the yielding tendencies noted tn
quarter during the and though advances have
Cured weeks does appear that the top has yet
reached Presumably response the foreign
der has somewhat higher while steel and chang