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Title Author Date 14891 Subject. E or six muiith. The 48191 and ‘itv Siii’ri. SuliscriptiiiDs will Ik” continued until definitely ordered stopped. The publtslicrs rannot be responsible for reniittaooes unless made by drafts or Vost Otllce money orders. File covers arc sold at 50 cents each, and to new suhscrlbers for a rear one flic covei la supplied without charge ; postage on the same is B cents.
Kbx 00 London Airents: C, will take suberlptioiiB and advertisements, and supply single copies of the paper at Is. Hartford New Haven ;4 prlntftle. Boaton f,09P, 89, aw Seven cities, 6 days Other cities, 6 days Total all cities, 6 days All cities, 1 411891Total The all cities for week.
We cannot, of them to-day, bank clearing being made up by the various clearing houses at noon on Saturday, and heuce in the above the last twenty-four hours of the week have to be in all cases estimated, as we go to press Friday night. Below are our usual detailed figures for the previous week, that is covering the returns for the period ending with Satur- Kort Wortb.
Terms of Subscription—Payable In Advance: Mot moladed la totAla. Tho Some position in financial circles to put off new undertakings. Nothing of the This view may prove kind is observable ; on the contrary, general businesi early to anticipate an end to the demand from South, especially since the cotton crop is so is active, manufacturers as a rule are fully occupied, the while many departments are fairly profitable, consump- late that it has only just begun to move in any considIndeed erable volume.
Then, as regards the West, the embargo tion in some cases being ahead of production. It should evident disinclination to engage in fresh enterprises. Re- The most nomenal movement of produce during the past three months. An evidence of the eagerness of farmers to hasten forward their crops has been the almost constant complaint of a lack of cars which has conee from the Northwest; there were too few cars because more grain was moving than ever before more even than — last year when crops were so exceptionally large.
At newals have been made at 6 per cent trust companies quote this figure as and banks and the minimum. The demand is fair but objection is made by borrowers as noted above to the ruling rates which are 5 per cent for thirty days and 6 per cent for all In commercial paper busidates beyond that period.
Statements of much the same character are made with regard to the cities farther west, and indeed the East is in but little better shape, bills receivable 5i 6 per cent for four months the New York Central Eailroad having posted Thurs- commission house names, and 6 6ii- per cent for day on the Produce Exchange of this citygood single names having from four to six months bushels of wheat for which there was no room in to run.
So great is the congestion that the leading roads of the Northwest are now reduced to almost no available cars for the freight offering, some of them having been forced even to issue orders to take no more new freight at present they cannot move it and they could not ita elevators, notifying care of it, store if or it — it they could move it.
As a result of this There was some expectation in London at the close week that further withdrawals of bullion from. European consumers probably need reporting it at 2 per cent. An Associated Preu state of affairs prices of wheat, our surplus this year ; they will get it for next to cable says that according to the St. Petersburg nothing while our producers will net a very small re- Bourse Gazette, the Russian Government has on deposit turn for their year’s labor.
Yesterday the Bank of Germany adTanoed its rate to 4 per cent, the rise probably being due to withdrawals of gold, presumably for Austria and Russia.
In other words, it is found report the Bank of Germany shows an increase of about possible to reduce expenses because of the elimination of some of the heavy payments of that character. Thai jE, of this metal. For the nine months to Sept. Paul for the month is not able to make a and 4 81f to 4 82 for documentary commercial bills.
But it is to be we have obtained the results by telegraph.
10-Sep-1918 › Page 1 – Fold3.com
Mora ver, this extra kbaa traffic had the effect of interrupting the coal movement for a time on part of the system, and with 4891 Pennsylvania of course the coal traffic is a very important i tem. It is proper to state that in the net results last year the showing had been less satisfactory, though the year before there was quite a considerable gain. The following is our asual coonparative statement for the Eastern lines. Bullion holdings of European banks. B’lKlnin 27,0ij0 3, 8. We are bound to suppose that the parties interested 418891 carefully considered can be availed as well and as every other phase of the matter, also that their policy will be to conciliate rather than to antagonize competing interests, transportation of coal the especially in —for under any other policy the anthracite coal combination would speedily be disrupt- ed —and skill yet in the carrying out of and ingenuity will their plans more probably be required to guard against missteps in that direction than against troubles from any other source.
To say this, however, is not taking. Pennsylvania, New Jersey and New York, in which the lines in the Reading coal combination are situated, likewise embrace large manufacturing districts, but the products are mostly different from those turned out in the Kga England States.
It should be noted, too, that the three Middle States mentioned have a combined kbs Censas of of 12, Wtien these facts are stated, it becomes evident what a field for the profitable interchange of business between the two sections exists.
But there is an added advantage in the fact that the New England section possesses a peculiarity which disWhile it is tinguishes it from other leading sections. To afford an indication of the kab of coal consumed by the New England section, we have made up 418891 following statement from statistics conInformation of tained in one of the Census bulletins.
As far as the Reading is concerned, the object of course is to furnish it a hold on the New England section for the interchange of traffic and the development of business. It must be admitted the field is an According to the last United States inviting one.
Commercial and Financial Chronicle, October 29, , Vol. 55, No. | FRASER | St. Louis Fed
New HampsMre Vermont system of large mileage, 4181 over four of the Total New England States, but its operations have been at- Massachusetts tended with a large measure of success, dividends at a Rhode Island Tom. Here jba is a very important market for the product no lease, no consolidation, no guaranty of in- of the anthracite companies.
Of course it is not a terest, no exchange of stock or bonds. Whether profit- new market, that is it is a market which the Reading, ing by past experience the Reading people have pursued together with the other companies, already supplies, this policy so as to avoid a recurrence of the troubles but that oba not make it any the leas important. It not only year to year, and this alone is an item of considerable thwarts efforts at interference by kbz interposition of consequence.
As was said above in speaking of ad- the population bka manufacturee of New England and coal the Middle States, the field for the interchange cheap. It ia this, however, that will call for the cotton goods, for instance, and in return receive iron exercise of the greatest amount of care and good judg- and steel and manufactures of the same. Then for ment, for the difficulties attending such a movement are transporting paasengers between New England and the necessarily very great, and the slightest mistake might 411891 the new route will possess manifest advantages At first thought it seems over that by way of New York.
No doubt also a fair lead to serious consequences. But a little reflection will mills taking a large amount of cotton each year as ia servo to show that there are obstacles in the way of known, and getting a good part of it by rail.
Bka such a course. Take for instance the transportation of has been said of the new route to be opened up between coal to northern New England. Whatever new business else.
Hartford might be mentioned among that class, the It may be somewhat of a surprise to hear that the latter road controlling now nearly all the rail routes from Long Island Sound inland.
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In the matter of average number of persons to a family and also the kbaa traffic, therefore, the policy of the managers average number of persons to a dwelling in the United 4191 will doubtless be to proceed slowly and with great cir- States have diminished during recent decades.
It will be observed that in the table above we have stated The fact appears the more noteworthy in view of the the coal consumption of the northern and the south- heavy immigration movement to the United States ern half of New England separately.
There are several which has occurred the foreign population being reasons for this. Water transportation of course is very cheap, and where the Reading uses kbq Poughkeepsie Bridge route in competition with the water route, it will have to take the traffic at low rates.
But even a low rate can be made profitable 4191 the volume of tonnage ia large enough, and of course there is always an advantage arising from the avoidance of trans-shipment and the — ily, as generally understood, but also ” all larger aggre- gations of people having only the tie of a roof and table, as the common inmates of hotels, hospitals, prisons, asylums, etc.
As would be expected, the Westera. The average for New York Lba atit will be but even there the number to a dwelling is more The Census furnishes a persons to a dwelling That is, taking the each kbq cities having in a population of eion are comprised between them. It appears from that table that five geographical divisions into which the Census di- 25, or more.
4x 7 5×16 Et 30 BORBET A 75630 KBA 41891
Holyoke shows persons and Fall Riverbut there are no other cities in the Atlantic division shows an average which is precisely list which run as high as 10 persons to a dwelling. In the Louis the average is againstin Boston differ appreciably from the same, being 5 Every division shows a lower average than for and with one exception all have againstin Baltimore againstin San Francisco againstin Cincinnati 8 ’87 against Philadelphia reveals its characteristic as a city lower averages also than ka Such a general of homes, and shows an average of only persons to tendency both in the case of the newer and the older each dwelling, this comparing with in We omit the number possessed by New York and Brooklyn cities and those containing but few, is certainly note- worthy.
In the South Jba section in the same intervals there was a decline from 5″71 and to ; in the North Central from and toand in the South Central from and to 5″ In other words, while Philadelphia hasdwellings according to the Census, Chicago hasonly , New York but 81, and Brooklyn 82, the last mentioned thus having more buildings than this city. Moreover, of the whole years the When we come some higher to the separate States we meet withbuildings in Philadelphia,per are reported or comprise dwellings giv- cent to ing shelter to not exceeding kna persons each.
In Chicago only per cent of the dwellings belong to that class, in Brooklyn 48191 cent, in New York but per cent. That is to say, in this city about half the number of buildings are occupied by over 10 perIn sons each. In Chicago 14891 proportion of such buildto a dwelling, namely Kbw, Rhode Island ings is per cent, and in Brooklyn per cent.
The same three States also showed Still more striking are the comparisons in the case of averages, the largest number of persons to kbaa dwelling in the population. In New York per cent of the entire census of and in that of In the case of population 1, out of a total 1, is conMassachusetts the average declined from in to tained in houses with 21 persons or ka.
For Ehode Island the onlyout of 1, persons per cent average was inin and in About fivesons to a dwelling having risen not only from in sixths of New York City’s population reside in houses to inbut further to in The containing over 10 persons each. On the other hand, high average for the Empire State, and also the increase not quite 57 per cent of Brooklyn’s population, less in that average during the last decade, are not dilEcult than 50 per cent of Chicago’s, and hardly 13 per cent to understand when we look at the figures for the lead- of Philadelphia’s population is found in dwellings coning cities within its border.
The metropolis, for taining over 10 persons each. The facts are so inter- — instance, which in showed the large average of persons to a dwelling, in had risen still higher to Thus we see reflected the growth of tenement house population. Inhousea contain- r-New Yorlc. Manifestly, Philadelphia in that respect. That is one reason, too, the number of yearlj if there were not other causes at work to reduce the why a mere falling off in average.
The North Atlantic with persons to a family and the North Central with exhibit a decrease since