The sun., 1896-03-15
finanriaI.
the MONETARY TRUST
60 BROADWAY. NEW YORK.
Financial Forecast.

rycry few years the human race moves up"a'"Ws
level OF civilization somewhat niger 'h"" w -
This 1, because the propcnS forces'n h"'an . ~
ture.-hopc desire for comfort, courage hahs",n,
opd ombItion-nrc stronger than the rttar"i"S 'o''
fo,r III, trust nm siugsish hess This advance move
mon, Of matk nd Is not continuous There arc u"e.
when IL seems 10 cuiminntc. ana other u"eS WI.
stens to hnlt. by these changes centuries arc u'.N
into ,ndustra, cpochs and financial cyc'cs crea'eo ".
dor natural lnws which come and go In mnnncras po
c,,., nd rs other great Developments OF
nature when such epoch Industrial ana ihte.ns
tionai, Ia unfolding, no combination w ''u' 'u" ~
forests viii long rctard II, and no MISTAKE o' "e
will altogether stop H. Even an American Congress
may dclny and bcfoe, but cannot destroy IL
such nm cpoch begins with slow movements bus con-
tnns within itself the forces for It's own propusos
As confidence grows slowly II takes several ycarsior
the propoiling forces Of human nature to ohtain con
troll OF the energies OF mankind but confidence ea'us
and courage broadcns until conservatism nnaiiy &c.
loose from its moorlngs enterprise rampant ana
the whoic civilized earth Ia covered with an ihous
trial supers'rurtirc, vast tr'stlc work OF nuInhh
cndcavor. which We call prosperity. During isss
new financial cycle began IT, process OF developments
the word over II has been retarded by overspecula
tion IN Europe, Ivy international scnsaona'ism. ana
in this country hainpercd by comhincd fnnu-
cnces Of Venezuelan scare and the action
OF banks which held money from business with
view To Government bonds. This forced some manu-
facturcrs into tho position %; relative overpro-
duction. and some merchants into the position
OF relative ovcrpurchasc. Already rctardinS iniu'
have dsap pcnrcd from the financial centres Of
Europe, and Washington is losing its pressure upon
American industries, The present industrial epoch
has deeper foundations and promises greater depth
and broader growth than all which have preceded It.
This ia because mankind has learned more about cleo
trcty and other natural forces has quicker modes OF
ansportng ideas. and better methods OF transport
Ing products. But the greatest promise lies In the
marvellous fact that the present financial cyclic ts
developing concurrcntiy with an enormous increase
In the production OF god so that our coming pros
perty will be protected and expanded hy universal
Increase OF values measured by that tai Such
bnaton OF favorable influences has been realized
before by the present generation and Will certainly
not be seen again before the twentieth century has
reached It's noon.
The New York security market and the present in.
dustral epoch have developed from the same causes
and are supported by the forces. Both of them
have foundation In Europe as wcll as America and
both are under the control OF international world.
wide Influences. At the moment manipulators are
engaged IN daily struggle to deprcss quotations but
their Influence will bc temporary. and In future
distant tho general upward tendency will prove
sistbe. Several remarkable situations are being
ntcd. Exceptional Developments are taking place
which will influence tho American Sugar Refining
Company. and the summer OF 'D6 will prove the
memorable summer OF its history. For the FIRST time
IN several years corn should be bought hut the holder
must have patience as enormous reserves holding
back buyers and holding down prices This cereal
the spring season Will develop changed conditions
therein. burlington will anticipate this and emerge
from struggles with Its Illogical opponents n tri-
umphant leader OF the market ST. Paul is the chesp
est stock In the whole field of Investment Assuming
average crops Tor three years IL viii earn
net per annum for the common stock for the whole
period This security has more merit than half our
railway bonds: II has safety behind It and the ont.
come of a Lake Shore before It, Funds placed with
this corporation Will bc invested In securities and
commodities In such NAT Inr ri,l,.
will be assumed at tmo in any one direction
from this average basis OF comparative safety
shall 'ind"rak" To make series OF profits no dis
closure of The Monetary Trust is significant than
the remarkable possibilities OF compound profits
Heretofore the officers OF this corporation have per-
sstcntly declined to give opinion to the results
"hich should be realized from given sum in their
hands. After repeated tests and panst aking cons!d
eration we now express the opinion that a given sum
placed strictly under the guardianship and guidance
OF this corporation will yield more than 40 per cent
per annnn year after year. IL is fair to say
are assuming In the event of serious international
complications, that wc will be able close existing
contracts without large relative loss. We believe
there Will not be important scare again for
many years. In such event the announcement Will
stand without modification. We cordially In
Tite bankers. capitalists, and financial students
TO place three or four hundred dol
lars in trust with this corporation. and be-
lieve that the movements made. and reasons
therefor viii establish in the minds such
the stability Of an undertakin; which pla'c
servativc reliance upon the laws of finance tho
radical market movements which obey them. Every
Monday this corporation issues publication giving
summary OF opinions OF the best financial men In
Europe and America. These papers have great value
enabling the reader to study the financial situation
from different points OF view. These publications
will bo Gratuitously mailed to every individual who
Will retain them for private Our purpose is to
place the largest possible humLcr OF thinkers in posi-
tion to study this corporation week by week Money
making applied science Will day he recog.
nized and this corporation IS doing its humble pars
toward Its establishment
FRANCIS u. CARLET. President.
Marknt pnccihiIitioc