OCR Text |
Show fNE YEAR'S BIG BUSINESS IS SEEMINGLY ASSURED mmercial and Manufacturing Interests Greatly Encouraged by Crop Report Issued by the Government. By Charles W. Storm Ijtcrnatlonal News Service. BW" YORK, Oct. 12. Commercial and manufacturing Interests received re-ceived assurances from the rov-crnment rov-crnment last week of at least one year of bi? business. These as-ccs as-ccs were given In the shapo of the report, which promises record coin-y coin-y productions, at ever doubt there was concerning of the crops was removed by the atlon of this report. It Is cstl-1 cstl-1 that the leading crops being raised tar will bo sold at an advance of illllon and a half dollars compared the total money received last year, an Increase In tho purchasing power t farmers cannot help but be re-I re-I by larger purchases by the tillers 5 soli. Larger buying by the farm-ill farm-ill glvo additional business to the Mai corporations and railroads. tos, therefore, only natural that i of Industrin I and railroad corpora-jhould corpora-jhould In many Instances begin to mt the greater earnings expected rear. Several Issues touched new records for this movement. Steel Business. He all Industries are showing Im-ocnt Im-ocnt It would be making a mls-aent mls-aent by saying that the business by the steel companies Is probably reatest in their history. This was reflectod by the unfilled tonnage sent Issued last week by the United I 8teel corporation. Orders on the of the corporation at the end of nber were the greatest on record h exception of June, 1907, whenor- count'cdCelVeCl ri0m 8,,bsltll,,i''! were also ...i?.!,,!!l,ir?i0 ""IcPfUdeiit steel compaiiv lui.ilb $1 si ton and this Increase Is ex-con ex-con c en. h ful,OW0l by 11,0 olhcr Announcement thut t lio supplv of copper cop-per metal i l he United Stules on Octo- Sn nffmh,6,0?0-000 P0U"(ls denier llfa,, nm,im1?lV"lbcr was construed by copper win Vomf .USi ,avo,?b,e- "uismuch sis t nl. ,1 1,10 Atnalgitmated Cop-Slviri Cop-Slviri 1 )lnj ,,s cxpccteil to Increase Its u L,dre"(,,,.",v,cw of L1,,J lar- P'oilts bc-n bc-n ?u ecehod on copper sold :it present Pi ces and tho greater lucomo U Is re-pany re-pany 'M Annc"la Copper com- Liquidation Abroad. Europe continued to Ikiuldatc Anipri-pan Anipri-pan securities this week and it la "ill-' iruucil that foreigners hsivo sold 350.000 f.l?ir!;s .,f '"erk-an stock In Now York ' ten days. Tho moncv to .i,.?co,ycd CI01" t,,e sa,cs of these se-cuilt se-cuilt es Is estimated at about 520.000.000. Ti,,f.i-i,ChJl Ve for e scIHiik of American stocks by liuropc is found in the Balkan war. Large American banking Interests, however, cannot sec how the Balkan war can Interrupt the prosperity now In progress prog-ress in tins country. apprehension or anxiety Is felt In connection with the monev market The advance in call rales on Thursdav caused ittle concern, for many bankers are of I the opinion that time inonev boforo the end of the year probably will "rule close to "V lle 'native demand for time s Js (iue ? 1 10 ,fact l,,at many lor-tul? lor-tul? S ,rcc1e1t,-v took more money than they actually needed. |