| Show prosperity OF THE COUNTRY many persons are beginning to be pessimistic regarding the business conditions in the united states says the boston commercial some of these are always in this state of mine but there are a few who are not naturally inclined to look through blue glasses but who are led to believe that the prosperity season is about drawing to an end there is some warrant for this state of mind in the news dispatches announcing the closing of certain industrial establishments but this depression is more than counterbalanced by the prosperity of the western farmers and southern planters the majority of whom appear to have comfortable bank accounts to their credit in connection with the prosperity of the united states as a whole towle fitzgerald have issued a circular containing some interesting statistics showing the great growth excellent resources and undoubted stability of the country from which the following information has been gleaned the gold production of the united states was in 1847 in 1852 and in 1902 this shows an increase of 33 13 1 3 per cent in the last half century in 1902 the united states produced per cent of the worlds production of gold on october 1 1903 the united states had in gold on hand an increase of per cent in five years on the same date france had gold amounting to germany had gold amounting to and great britain had gold amounting to the amount on hand in these three countries increased anly per cent during the past five years on october 1 1903 the united states treasury held 39 times as much gold as was held by the bank of england and 38 times as much as was held by the imperial bank of germany the value of manufactured products in the united states was in 1890 and in 1900 an increase of 39 per cent in 10 years the exports during 1890 were valued at and the exports during 1900 were valued at an increase of per cent in 10 years the rhe value of the farm products in the unit ed states this year is estimated at during the seven years ending june 00 30 1903 03 the value of the exports was 3 greater than the value of the imports the annual productiveness of the united states is that afy great bri tain is that of france is 2 and that of germany is that of the united states being 2 greater than the aggregate of the other countries all the hanks banks in the united states had deposits amounting to in 1895 and in 1903 an increase of per cent in eight years the steel rail production of the united states was tons in 1869 valued at per ton tons in 1897 valued at 1875 per ton and tons in 1903 valued at 28 per ton this makes ahe the total values and respectively since 1869 the production has increased increase per cent the value per ton has decreased 78 per cent and the total value has increased per cent in view of these figures there then does not seem to be much ground for pessimism regarding the prosperity of this country I 1 |
