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Show piOTSTiT HI JST ill StSK Crops of Staples Which p3pk Are in Sight Would JM' Prevent. 5!llNESS OF COUNTRY )R is IN G00D SHAPE yjm, Straw Which Shows How , Jphe Wind of Prosperity 1 is Blowing. BY PEESTON C. ADAMS. Mil -cased Wre to Tho Tribune. 2 5W YORK, June IS. It would be ifc 2 y bard to start a panic in this coun-t3 coun-t3 jtist now, even as an "object lesson," iS Ittlng there Is anybody who desires ulfei minister such a lesson, say to the filstratfon at Washington. With big rtSl1 tot staples in prospect, the railroads tCjJ tWhat worried as lo the possibility Jcjt of sufficient equipment to move ZT ijuBiness In prospect to tho best ad- aC manufacturers doing well all iM trine line, wages increasing generally t&ti workmen busy. It would take a good V 'more than Is at all likely to happen L3 naUe the average American pessl-T,Mf pessl-T,Mf IcT Wall street has Us little flurries. JSfli s go up or down and those who are ht xnnke a noise, hut the business of country is in pretty good, shape. Hero uBt one straw which shows how the of prosperity Is blowing. During W .corporations In the United States is- 1 J193.337.000 new bonds, notes and "m m, au increase of $25,303.-100 as com- d with the same month in 1000. Rall- b were responsible for no less than I S6S.60O against SS5.-137.000 last year. 1 Iwu lcrcase of 56S.531.500. Output of New Securities. pr tho five months ended May, the mi regale output of new corporate sccuri-iatm sccuri-iatm In this country has reached 5933.741.-a&T 5933.741.-a&T Vis compared with 572O.900.4S0 in tfOs j-.thc Increase having been thus 5212.-ZT 5212.-ZT 0. The railroads have floated Soi9,-Tm Soi9,-Tm AO. or 5156.0SG.420 more than In the e five months last year; while in- tlal and miscellaneous companies ttfb 0 contributed $354,309,600, an increase aitf 50,751,700. j Leu tho American Iron and Steel as-tm as-tm fttion gives the complete official re-,:of re-,:of the United States output of all a of steel Ingots and castings, in to-and to-and detail, for 1909. "The production ill kinds of steel Ingots and castings eH 1309 amounted to 23,955.021 tons. Mh jnEt 14.023.247 tons in 190S. an ln- 1 I i$ of 9,931,774 tons, or over 70.S per a; t. The production In 1909 was the M test in the country's history. The year sti ftcxt largest production was In 1906. 'to m 23.388.135 tons were made. Of tnc hi Mi a production in 1909. 23.29S.779 tons m u IngotB and C56.242 tons were cast- B.i-as compared with 13.677.02 tons of 1 . J ets and 346.220 tons of castings in t.s and 22,559,477 tons of Ingots and I to 177 tons of castings In 1?07. It Is i to talk hard times in the face of res like these. Problem for Insurance Men. ' aurance men arc studying tho details i he warehouse building loss at Mlnne-tl Mlnne-tl which cost tho insurance compa-Pabout compa-Pabout $700,000. The building was of Svdard mill construction. 90x110 feet, m stories high and of recent construc-: construc-: It was divided by a standard fire I. ranging from sixteen to twenty-". twenty-". r inches in thickness; but the entire -1 ding was completely destroyed, al-JP. al-JP. ugh there -was a fire department sta-tiomI sta-tiomI F onlv a nalf block away The fire wml sped a sevcnty-llve-foot space to bulld-ItiW bulld-ItiW ' I" the end and burned tho roof a7t, 'the Sixth Avenue hotel, a framo lU- Ulng erected In 1S55. Insurance men ird It as interesting that a frame mu$ Iding should suffer only a partial loss , la a standard mill construction bulld-C0Ql' bulld-C0Ql' ;as a total loss. iVessela Arriving at New York, "he arrivals of vessels at New York Ing the month Just elapsed again sho1 lCs ubatantial Increase. The gain Is chlef-i-i ' centered In the movement from for-llpL for-llpL n ports, while the coastwise traffic has tut reached the maximum, nearly all n.Jfc leels available for that service being DflJ WBe. Last month a total of 949 ves-i ves-i k of all nationalities arrived here. Dur-VfUl Dur-VfUl 11,6 mon,-Ji of March 906 vessels dls-feed dls-feed cargoes at this port- In com-, com-, m ison with May, 1909, the month just fltfi" jeed Bhows a decline, for during May wiiH 1 year 1044 ships arrived but the pres- 'season bids fair to equal, if not over-vCr over-vCr i the moveminl of freight by water ; year. Last month 516 vessels reprc-r, reprc-r, ted the arrivals from foreign ports, r- H view of tho talk of the utter dlsap-iU dlsap-iU 'V1 of American shipping, It Is in- I- iu nuie mat wmerican vcbscib foreign trade were second only to of Great Britain, when both sail cam craft are taken, and In steam lone aro surpassed by British and u. Crops in tho East. :. Stevens, the Lehigh Valley rail-Egrlculturulist, rail-Egrlculturulist, says: "Practically ds of rruit have escaped tho frost setting well. Strawberries have iurt very little; in some sections s and chorrles have been slightly a, but they have not been damaged ihan o to 10 per cent, Wheat, rye her winter crops are in first-class Ion. Oats received a slight setback, rcunt of the unusual fall of rain. nfi' recover fully. Tho general the farms has been retarded by it weather. Yet this is not a great antage. for the season opened fully weeks earlier thun usual. In gen-he gen-he prospects aro brighter than at me of the year for many years." Utah aB an Oil State. h hi destined to become the high Y Producer of tho future." Is redlction made by James It. Mar-Pennsylvania Mar-Pennsylvania oil expert. Ho adds h S ,iU 'sources will compare Wy, with the nastorn Held. Mr. i YnH, fiCnt to examine San Juan V10 JntpresL of Pennsylvania capl- ?2 ih,s rernnrl apply partlcu- l. ,lc,d' although Utah has Promising fields in Wayne, Gnr-oh Gnr-oh i',n.?ton' Uintah and other nk' ,JVUh0Hl 11,0 handicap of long i?m fr.om rnl roa1 10 San Juan field. ni VD?fUetstioiabIy be a large pro-WthLB pro-WthLB llmS- A number of good i!av oon brought In which have !. B,?fr 'awaiting transportation in;Rvu5I,th lrnsportatlon." says e,pylvanlfl oxPert. "the field will " of LoP0 1 Peratc ns there Is n at,or for drilling, and the for-L for-L ""''s Perfectly when drilled. I iK, ,ln? an(1 wo,k can be con-) con-) every tiny in tho year." aternationoi Trade Balances, nal rftv'T1, ,vIc, "resident of tho ?lP y hank, in a recent address 'h tv,MVSOfl estimate of tlio routine StemJi11?11 Hluclyi'it' wlml Ik tocluilc-Known tocluilc-Known as out- International lolinfLnceB' JIc estimates ono bll-'oun?vas bll-'oun?vas I1," -jnnunl charge against ted hvV;!"I,lu V'om nny balnncc con-mmvL con-mmvL t,K', relation of our exports 1 .mi' aud, "rnmnrlr.c: $900,000,000 hv'n0" doll,,,rH as follows- 1 lOOonn V pc'?.pl traveling abroad. Mien 'l,ln,'n,1;- -'-Paid to owners mofi.i?,Hfic,M f01; '!'rylng "In nn.l moKihiuullEii and piiHsengeiH. $300.- 1 000,000. 3 Dividends on forolgn capital Invested In tha United Slates, fire and other insurance premiums, Incomes from property, estates and investments owned by Amorlcan-born persons residing nbrond; remittances made by resident foreigners for-eigners of their wnges and savings earned here, or sums ent to natlvo countries by naturalized citizens, total an annual tnim of less than $400,000,000. Grand total of all Items. $900,000,000. Galvoston Substituted. Calveston has been substituted for New-Orleans New-Orleans by the Hamburg-American Steamship company, as Its gulf port and service to that point begins today. The reason assigned la thaL u lower Inland rate can be had from Galveston to points In Oklahoma and the Wi'st. The difference differ-ence amounts to $3 or $4. and negotiations negotia-tions are under way to havu this adjusted |
