The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-09-10
GENERAL PROSPERITY


cara idle on August last yeAn Buai
ness men who prepafv now for CA
shortage in the coming months vii
probably find their precautions vel
taken when the crop-movtns season
bcEins In earnest.
Lake commerce through the Soc
Canal In July. totaled II million tons
again setting a new high record. and
comparing with ~ million tons In
June and nearly 10 million tons IL
July OF last year. The eastoound
movement was IL million com pared
with over seven million tons a year
ago and the westoound traffic assre
gated three million tons compared
with two million tons q year ago.
Building operations at 1S1 cities in
July aggregated 1Is million dollars
compared with II million dollars in
July OF last year, a gain OF IS per
cent These figures should be scanned
carefully. however. as nearly Al mil
lion dollars Of the total gain over last
year Of 40 million dollars was con-
tributed by New York city, where
some unusually large permits were
taken out in anticipation OF the pas
SAGE OF new building laws, and some
OF these permits may never de 'clop
into actual construction.
The cut of lumber in June totaled
1853 million feet compared with =
04s million feet in June. 1918, and
lumber shipments were $50 million
feet compared with SIS million feet
In June q year ago. The June cut
consisted OF LOSE million feet Of soft
woods and ~ million feet Of hard
woods compared with s5s million feet
of soft woods and 81 million feet Of
hard woods cut in June. 1913. June
~ l~ - ~
licr feet of soft woods and 70 million
fee, of hard woods compared with
So million feet Of soft woods and 66
million feet OF hard woods shipped a
year ago
Anthracite coal shipments IN July
aggregated 5.433 thousand tons COM
pared with 5.637 thousand tons in
June and ss+ thousand ton. In July
of last year Stocks OF anthre cite Goa!
az ,ido-water shipping ports on July
81 were 5s4 thousand tons com red
with 3a3 thousand tons on June 80.
Production q roke in the Connells-
Vile District IN the four weeks end
.-g July - was I.60s thousand tons
ccr pared win t,f45 thousand tons
fer The entire month OF July 1918.
Shipments for IRE four weeks were
- thousand ears com pared with az
thousand cars n July, 1918 There
wc~e S3Gs5 ovors n blast on August
y @orpared Win ~ Sill OF Ialy 8.
Pig iron proIu, ron IN Icgs totsled
90. taa.sard ;'9s corn saltd with
2I2 THOUSAND ,71s IN Juno and 2
5.% thousand tons 7 July ~ last year
TIE Ea.ly ra.e 81 production decreased
from Ia THOUSAND tons IN IGne 10
l9i thousand tons in July, tire irssenei
output being ascribed to excessive
humidity and the blowing out Of fur.
-aces for refining.
Lake Superior iron ore shipments
n Jlly reached a new high mark to-
taling $50 thousand tons compared
with 95o5 thousand tons in July and
1,eo4 thousand tons in July year
ago
The untitled tonnage OF the steel
corporation on Jnly 81 stood at g. /
5s4 thousand tons compared with g.
$40 thousand tons month earlier |
and 1925 thousand tons on July 81, |
1915
Structural steel bookings during
July totaled 81 Thousand tons com
pared with 100 thousand tons in June
and lAs thousand tons in July OF last
year.
Production Of copper in the first
six months of the year BY twenty
large companies was ss6 million
pounds compared with ba7 million
pounds produced in the same period
OF last year, So far as can be ascer-
tanned. stocks are extremely small.
The demand for copper continues to
be heavy and II seems probable that
buying for 1917 requirements will be-
gin in earnest In very short time
Receipts OF zinc and spelter at the
principal market during July totaled
500 thousand slabs compared with asa
thousand slabs in July. 1915. and ship
ments from this market were 33s
thousand slabs compared with 35l
thousand In July a year ago Stocks
of spelter on hand in this country
on June 80 were "a thousand tons
compared with IA thousand tons or
January l. The production of spelter
N the first half of this year totaled
ols thousand tons and exports during
me SIX months were Is thousand tons
- stocks on hand increased 10 thou
sand tons during the half-yeariy no
s1od, the apparent consumption O.
apelter in this country in that time
was rs thousand tons. These figure.
compare with production Of 2l6l
thousand IONS and an apparent con-
sumption OF 81 thousand tons IN the
same period Of last year There were
1914 thousand rctortS IN operation 81;
June 80 compared with I3l Thousand
IN operation al the close OF Junc. 4YI..I
On June 30 OF this year there wc,e
also y thousand new retorts in the
course Of planning or Construction
There were 244s Jew oil wells com
pieied In July with combined new
production OF 1913 thousand barrels
Qally compared with a daily u -oduc
non OF 1871 thousand barrels for the
zoia wells completed IN June.
Transyaal gold production in July
totIled Iel thousand fine ounce. com.
pared with 762 thousand ounces IN
: J Ine and 40 thousand ounces in Illv
1915
Commodity prices fell off a nt,ls
during July, Broadstreets index STAND
ing at sll44 on August / compare6
~ith sll53 on July !. This is The
Fourth successive monthly decrease ~
TINS Index. since the record high no.n,
o, sll.7s OF April /. The Index s,ood
az *ss2 on August Of last wear
During July IS articles advanced "A
declined and AZ remained stationsry
Cotton Figures.
The condition of the cotton cron IN
July 70 was ~ per cent of normal
compared with q condition OF ~ ner
cent on June Is and with a oondt,ior
: 81 70 per cent on July IS year aro
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