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Show I BUSINESS IS GOOD I IN UNITED STATES j Washing-ton, April 8. Business con- 1 ditions throughout the country are f shoeing marked improvement in al- I most all lines, according to reports 1 from national bank examiners made public tonight by the treasury depart- I ment. Eighty of the ninety examiners I In the I'nited States reported a per- I manent increase In business, and j Maine i6 said to be the only state I where real depression exists I The reports are announced to be I the result of careful observation and supplemental to the regular reports on J business conditions made each month J to the comptroller of the currency. "Pronounced hopefulness is preval- J rnt in nearly every district." gays the main report. "Agricultural conditions arp generally excellent and commercial commer-cial lines, with comparatively few ex- . I ceptions, are enlarping their activities. I mainly through an Increased demand But in some cases preparation for SO rhity is expected to develop with the j coming of good weather Manufacturing Manufactur-ing is on the Increase, and those In- j u.itries having orders for supplies I from foreign countries continue especially es-pecially active. "Further orders have been placed for cars and raMs by the railroadj. I and some large contracts have been j, made fo structural iron for large bulld-iners bulld-iners in different portions of the coun- l! try." Economy Practiced. The statement attributes depression to unusual conditions, but says that business here has been stabilized I through the application of economy, i "The south." It continues "is show- j in marked Improvement. The sale of ;jj cotton i? active at advancing prices, a wi'h the result that all business la j that section is feeling a steady and 1 pionoun'-ed improvement The pros- 3 peccs for large crops cenerallv are ex j cellentt and there will be greater rll- 3 versification The states adjoining the "a Missouri river and the Mississippi !1 rue'- above St Louie enjoyed excep- 4 tionai prosperity during the last sea- aj son, nd the present prospects are ill that the coming season will yield even better results. 4 The w ostein states and the Pacific; ,11, states are showlnc a ceneral improve- J M ment. The lumber industry is slow j h ly recovering in these states and the j J number of tourists exceeds exnerta- ai tions. Mining is resuming on a larger - v Ble, and the crop conditions are ex-. ' cellent. I Depression in East. 'The New Englaad and middle At- lanllc states, and portions of the central cen-tral west, although generally reporting report-ing an improvement, seem to feel the past depression to the greatest extent. ex-tent. Farmers, however, .generalh have bad satlsfactor;, results, but manufacturing, with the exception of that to fill foreign orders. Is feeling the improvement to the least extent. There is Improvement, however, in moat lines. The bond market has become be-come active on a higher level. Savings Sav-ings bank deposits ate increasing and generally banks have an abun-ilance abun-ilance of money The tendency has been lor all to eirtail needless expenses ex-penses and as a rule there is a lesseu-ed lesseu-ed demand for money "Reports from New' Vork and other large cities show the trend of business busi-ness conditions outside of farming comtnun't lea "New York There has been no Urn- In the last few years that rocr h.'nts and manufacturer? were such small borrower--. Indicating that their present, capital ;s sufficient for their ueed and that borrowed money can not be Invested profit3b!v b'them Business fair in grains ' Industries for snpplrea of war materials, cotton, cot-ton, hat manufacturing. Iron, melals, copper, shoes, textiles, etc , are Improving Im-proving on account of the European war. Other Industries will improve if the war Is continued long Regular Regu-lar steel business iB picking up Em broideries and laces are looking up Lumber business is Improving a trl fie. Wholesale groceries are Inactive. Inac-tive. Electric and railway supplier are spotty, but not much below nor mal. Fertilizers are quiet. Volume of stock and merchandise is In keeping keep-ing with the volume of business Not much stock carried on the shelf Optimism In Boston. "Boston Strong feeling of optimism and business generally regarded as Improving "Philadelphia Present and immediate imme-diate outlook business conditions are encouraging and showing gradual im provement . "Pittsburg Present conditions show increased activity. "Richmond General business conditions condi-tions are slightls Improved "Atlanta Present and immediate outlook regarded as improved "Louisville Present and immediate outlook is good ' Xew Orleans Genernl situation regarded re-garded as graduallv improving "Dallas Business marking time. Basic conditions are good. "Indianapolis Business generally shows improvement and prospects for further improvement good. "Ohlcngo Present conditions dull Immediate outlook hopeful in tone Business showing slight improve ment. "Large cities in Iowa Conditions r-tro Bteady with tendency toward im provement "St Louis Business conditions land at high point sine,. May, 1914 " Kansas C'itv Present and imme-! diate outlook good for material improvement. im-provement. "San Francisco Business people are in better spirits Present and Immediate outlook better and steadily ; r nroving. "Los Angeles Conditions are im-proi im-proi inii Maine Worst Off "Of the seven New England districts dis-tricts reporting none shows a decline in business conditions, while three district- show improvement, Maine is the onh portion reporting real depression, de-pression, while other reliable interests inter-ests report th;:t the situation is improving. im-proving. In Rhode Island the Jewelry Jew-elry business only is badly depressed, ull other business indicating gains A. stagnant condition exists in central j issacl us, The lines which -h m the greatest activity are thof with orders for war supplies, whb h include shoes woolens coarse cot- I ton:., arms, ammunition and metals Textiles lumber, steel and iron show improvement The machine and shod- I dy business is very good, and there I is a fairly good business in p'ated I ware and copper utensils. Packers j arc in good condition "General business conditions throughout the middle tlanl stab -how improvement only in two districtsReading, dis-trictsReading, Pa and Maryland-being Maryland-being excepted. The general and Im-mediate Im-mediate OUtlOOk Is reported as good and healths in tone y.0 business is declining. Manufacturing generalh is increasing and the production of articles for the use of foreign armies 18 active in this section also. There is some slight depression in a few manufacturing lines also to some ex-' tent in the retail business. "The south, as a whole, reports a decided Improvement in business. The present outlook and the bask conditions condi-tions are good Confidence has been restored "The Pffcft of the past depression has been the retrenchment of all classes. The retail and wholesale trade has greatly Improved Man farm districts report the best condition condi-tion In years. The lumber business has shown reviving activity. I "Many sections in the north central ' siatis report conditions as normal and man) show a definite Improvement Improve-ment In business conditions, while those states which were benefited by a large harvest and Inch prices during dur-ing the last season have been unusually unu-sually prosperous The outlook for the present season Is equally bright, the crop conditions being excellent "A large portion of this section re ports no depression, while some of those sections previously reporting depression de-pression are now benefiting The supply of war orders continues, and some factories are working twenty-four twenty-four hours a day and conditions gen orally are better than they have been olnce May, 1914. The lines that 3how the greatest activity are stock, harness; har-ness; machine, tools, iron and sin ! business, machinery rubber automobiles, automo-biles, wholesale mercantile, trade building stones, packing grain, knitting knit-ting and shoe mills, cement, jdrugs, hardware, clothing, boots and shoes nnd enamel. The greatest depress OH ia in coal, vehicles, drygoods. home furnishings, mining railroad construction construc-tion and equipment material stove foundries, lumber, glass, general mcr chandise retail lines, real estate and breweries. "Improvement is en notlceabJe throughout the western states Man; of tbe districts report a remarks bl Improvement in business conditions since January 1 Mining and building build-ing have become active and the agricultural agri-cultural outlook is excellent Bank deposits are showing a satisfactory increase, and all staple lines report very good business. "Department Stores report tha; .March has been the best in their his tory. The tourist travel is larger than was expected it Is expected that prices for wool will be highes! sinrr nios. and the retell business is reviving, while the crop conditions are excellent over the entire Pacifli coast." |
