The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1884-01-25
BUSINESS PROSPECTS.

BUSINESS PROSPECTS.
aJsy Gould was interviewed - to the com
msrcislcoudition and prospects of the country
some days ago and in the following extract
from the interview will prove interesting:
1.-THE general business Of tho country"
continued Mr.. Gould, 10 looking well a.
whole. Everybody Is conservative and is
ecsnomziag, and the country is getting
rich"
"HoW is it that the bssr.rsom traders are
still able to knock pricssi"
"Ths facilities for specializing on the
short side are 80 great that it takes little or
no capital to do that and stocks to-day are
80 ovsrsold that ,hey are practically corner
ed"
"What stocks do you consider in that
positioni" -
"Well, Union Pacific, Western Union, St.
Paul, Louisville and Nashville, Lake Shore
and New York Central. Michigan Central
has besn worth per cent. . day. l think
Western Union 10 about the pest thermoue-
ter Of the general business Of corporations
in this country. 1t reaches every hamlet in
the United States, and its receipts reflect
the state Of general business. Now here 10
the report Of that business frem 400 Offices
scattered all over tho country for last week.
II il made out weekly, and these offices
are called our test Offices. This report
shows that tho business done for the last
week was $l69,753; same week last year,
tl55,660, showing On increase OF $l%,07l.
Another little report have here further
illustrates the fact that confidence 10 grow
ing: The Union Pacific stocks standing in
brokers' names on January !, $4,000 shares;
at the close of business on last Saturday 1t
was $1,000 shares, showing that 10000
shares had gone into investment in 10 days.
Between January . and January 10, 4,lAl
shares Of Western Union went from the
street into brokers hands, and the number
of stockholders increased from 2,s03 to
2,al0. These reports show that the certih,
Gates Of these two companies are gong
into the hands Of investors at the rate of,
say, $4,000, 0ooa year. Indeed, they were
never more 20, and the same 10 true Of West.
srn connecting and rival roads,"
what do you think viii bs the course OF
the market In the futurei" e."
"Thst 10 asking too much. 1t il rule,
however, that when prices are very high 1t
IL safe to prophecy fall, and when prices
are very low, an advance may bs looked
for" So H-.e
rs it true that you have begun suits
against parties tor circulating stories about
your financial condition. .:
" have begun no suits yet, but l hsvs
put the matter in the hands Of my counsel
at the request of number of leading stock
and bondholdes Of the corporations af.
fected by the stories"
"Are you actually engaged in the market
JUS. nowa" p
II am not very actively engaged In
stocks, and have not been for some time.
buy stocks, our own stocks mean, when l
think they are cheap"
SIS there any truth in the report Of re-
Ownership of the Wabssh9"
"No; the business Of the Wabash is i'm.
proving oil the time. This is especially
true of the local business, which 10 develop
ing rapidly, and includes large coal carry.
ing trade. The financial condition Of the
company 10 much better than it was year
ago."
"Whst are your expectations In reference
to stocks since you refuse to prophecy - to
their courssin ..s
II look for . great advance in oil good
stocks between this and July; low priced
stocks will 70 up with the rest. bought
Chicago 3 Northwestern at IA once, the
same price that Wabash common 10 selling
for, and in eighteen months it WAS way
above par. History repeats itself"
"What effect will thu presidential cleo.
ton have on stocksW
1T will help telegraph" said Mr.. Goul !
quietly, "snd don't think 1t will seriously
interfere with business"