New-York tribune., 1902-08-24
RIDGELY'S
FORECASTS ,.

continues to smile upon the mann n me
the prospects are % that % the 9ry % 6s ae.
burdened barns and sranares There Is sOns @ of
ou- western racads WI fly others throats DE-
andng the speedy Of their empty fsght isgs S so 80
the ST Paul road has nearly freight this
fght ta swearing without any acsuai a.
this yesr viii add 900 earnings last to
the T. p Mop L 9 and AteE,aon ass roaas IN nas-
sengsF traffic and in general freight haul as result
ords these corn GS roads viii earn
feds some Of the roads traversin middle Northwest
will also heavily as result OF the close or s ass
working order carried West and North
suit Of the proonged strike railroads
James J. Hill SAYS he never experience saw such
crops and such prosperity as now exs througn9ut ne
good only trouble in the steel
enough make predictions in this column what the
bIad look abesd If s sir 10 assume mat Morgan
Gould and Vanderbilt and other big men now in eonr9,
should be safe enough to keep our little wagon hcned on
been tes.aE Win 4, articles sv for h n.
gencv here II the pubic bought anv more II Is
true enough that bank are Tqs osyder
takes it favor the rich win deign 70 accept
money who has to eat humble pie wants loan
s anxious to loan to US proverbiai
plus reserves ] We were not % M 10 spare In the
ea9Rs I This surnis reserve question Is more
less of hurnbus anyway 1t kind Of stuffed ss,a.
the rich men are buying them he rich hsy:
sod out and pa of their loans shsrs
down and the public will be phantom feast
o good 5hins There re VII not bs t & peep % fp IN ne byns
stocks is good safe To[Ens rule sG oug Ed @
ng the eabe away from wall Street The converse
this is true Sell stocks when abundant.
rates low and & when IN there is not $ fGus = s:
usual auurnal break and the weadvised spscs
break win purely technical 1ianiDulasivs one.
values There will or MI not be te9pGrsry ora s9nsy ,6a ss5l1
become specuatveiy oserb9ught the DIG men may con-
Because have pubished lengthy the Sunday
paDeEs for thee weeks past setJg torn ine d S OK
yes very transparent little game Rdgeiy paid tor
nav maqs 3ca as h6et 5Rs that @ a s oS selling
IS when called attention to il So Pac qaotsd
psoPe yin 6sEn think that s pretty s0es sos.
that Judged me By their standard who .od ths
paid .or pulling No then 61loH %
25o9 And who paid for saying over
taf soahe A acde had Declined two point.
from last SATURDAYS NuEust is Close would have ben
aS sIes ogd eeT @ H ne @ of f IS 0g
the S. P. case strong enough Here are few mors
SOUTHERN PACIFIC.
gsss sos @ s per aasd f IN isos 55 for 81 IN. pa n se
ana @ sa to @ Ier Years se has BEEN oe than @ greater than
physical condition s5OO0O60 have been put INTO
property improvements IN the i've al
earnings Probably other road has ever
solely
earnings The other three great transconnenta
with BOND
and they paid dividends So Pac has earned div
4saors dRds BUT .s s gg 5 ss bends paen ns the son
betterrnents proposed. and II So Pac- Is
its operating expenses n
ratio other roads. : P. will show much
shareholders either the Atch. U 2
N P Only small part Of the earnings now oens
would be required TO pay the extra
fixed charges. Of $50 Ooco1o and
nothing about 100000 acres OF land
is my Judgment. security the hsr worthy OF
Endorsement Southern Pacific The Is and
present price left far behind
little question that VIII some Gay
look cheap par
immediate movement. Of this and
other stocks and referred TO
nv Daily Letter mailed P. VI. in plain sealed
n RIDGELY. Broad ST.. y. Y