Omaha daily bee., 1895-06-02
DUN's VIEW or THE CASE.
sunshine is Rapidly Chasing tho CLOUDS
Away.

sunshine Is Eapldiy Chasing tho CLOUDS
Away.
w. II. Robertson, manager of II. G.. Dun
IL Co. for the Omaha district, says:
May, 1894, will not soon be forgotten. No
month in years has caused so much un-
certainty in business circles and none has
been more unsatisfactory. Starting in very
warm and succeeding a remarkably warm
April, we all hoped the merry month of
May would pass into memory a promise
of abundant harvests. But we have had
drouth, high winds and frosts, and the past
thirty-one days have tried the staying quail
tiles of many worthy citizen Of Ne
braska.
However, the month closes gloriously
Our mercurial citizens have already recov-
cred heart, though their new hope is only
two days old. One Of the leading iobbers
OF the city gave me an instance of this. A
country customer came to Omaha with a
settled purpose of abandoning the state.
Friday morning, after the rain, he called
upon my friend with telegram from his
home-a little town out west-stating that a
very heavy rain had fallen and things
worth of summer goods and went home
Another jobber says Thursdays rain is
discouraged. Take this state year by year
Tor twenty years and you Will find more
and larger crops than in any other part of
his farm and steadily rejected all invita-
tions to speculation for ten years is indie
pendent. Since 1865 Nebraska has had six
teen good crops, three big crops. five fail
ures and three short crops. Five crop fail
courage husbandmen in new country
There is no agricultural section in the union
with record equal to this. A big crop in
Nebraska means a great deal, too. A good
crop here would be immense in most of the
states | have not yet lost faith in the
Ho S %nds ths Do no cS@e in this climate
every year, and when can have my choice
they will do their worst before June 1. If
must entertain the festive sirocco an
nually let us be thankful when its visit
is made before the crop can be seriously
damaged and before it reaches its full
strength and fervor
But the figures show also that year by
year western farmers are reducing their
mortgage indebtedness Figures recently
published for Minnesota show that the num-
ber of farm foreclosures there is 10 per cent
less than ten years ago. Investigation would
in spite of drouths, disasters and discour-
agements, except in the, frontier or COW
eastern capitalists that farm loans carefully
and honestly placed are the best of Sc
curities.
"A very capable gentleman called upon me
the other day with prospectus of a pro-
posed corporation which should step for
ward now at the end of the panic and de-
| Ultimate, profitable Investments in bonds,
city county. and irrigation in stocks of sue
special real estate bargains, in promising
manufa acturing enterprises and in various
other ways. The plan would depend for
| good names. 1t would step in wherever
| its compact and Independent board of d-
rectors saw a chance to make money. 1t
| would take the good loans of a struggling
| trust company, for instance, at something
| near their value and also furnish the re-
| force. In other words, the idea was to have
| a company organized for promoting profits
| for its stockholders and at the same time
| for promoting industries and investments
| for Omaha and Nebraska. The idea is
| clear, and If carried out will make the
| into new life