Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1904-12-21
HOPEFUL OUTLOOK.

10 spite - reactions TIE stock MAJ
ka ahoss an lmproyei unGertons
L~lqBidsiiou dsriug The part 40 weeks
has thoroughly tested Nsak sDo's and
the poshton II he marfet has besn
materially Nfsng,bened Ia egnse.
g1ente sensaionsl atfacks recently
made apoa the maTkss appear 10 -
!osinG their force. ssTsaz ssFyea ne
asefBl Dgrpose ~ checking reckless
gperisdDn sad creating a mere
healthy division - opirb9u Amer a
break % nse 20 tea potato n ne
active stocks there ~ naturally more
Or Jess hesiiation bot securities haze
hsren gDing hses Into stronger haass
sgain, asd oynfldeuce IN high qaas
ieTs has 30 bern disturbed In any
degrte b. market syrsllous or tie
iac'irs Of SENSATIONAL spectator
Tho strongest fsei0gs 81 ,be siiuA.
ton are TIE abpndanee u uoney en-
ereeliens Investment demand for w.
rsr'Ies and ne ~psoanisiDg business
outlook Fgnds are ID ample supply.
and there 81 no fear " monetary ais.
'arbaree. Sash a. fTeqpentiy occurs
AZ 'he CLOSE ~ he year. Both sAlI
and time rates are ~ low lhat g..
cSritieS firing mrch more s~atis,sroa0i
retnfas thsp money al Interest. ihsa
being q powerful factor ID the Invest.
mebi market We are gnst Approach.
ing The January Investment demand.
which slways sbsori,s many millions
~ seeorItiea bgt aside from fbls
ihsre p q surprisingly good demand
for desirable lagss'menls. espe..slly
soAds, shich has not been satisfied
ny FtreEs heavy offcrings wl,ha a
lea sesks these Aage included ss.,ut
s5eAoe 40 Jspaaese. s2g. 0Go 0oo veg
foFs fs5 eao 0ee Reea isiaad, fi6
ope.esg MexicsHs and j nntpber II
smaller iasges besides which Mia
roaFl Pacific proposes Al issae ~
WE gn99 ahd Aicilson a IKE
amount 81 the W. latter only aboat
ehehsif wiii bs pai IN tho market nj
present II Ii quite cafe 10 say nat
fully 2pe millions Of new !ssues have
announced eiihia she lasi two
Aiepihs and Il IN probable Tho limit
han npt PCT baen reached. Our ran.
fs'ada are IN need " large sums 10
eahbA them 20 heep up With the
n traffic The supplying ~
these needs was suddenly inserrupfei
by the panic conditions az 1903 a0a
inaty u fhe railroads tided over III,
Emergency by the issue nj ahottterm
obligations, some os which mus, soon
mature and provided for. conai.
lions m many respects are especially
favorable - sueh negotiations; but
8tH
1ssfe remains the danger ~ coueost |
M ne iss9neY market and depressing |
ne sioek market II The supply o. new
sa'ies os'tfuns the ability 10 absorb
.hem At present the investment 40.
nand Y excellent. and IN explained !
on the theory that wealth n A.. |
'ataulssing under continued prosper. |
- and That many buyers held bark !
lntli after ms elections.
General business III In very pronis.
condition. chiefly ~ a resp. nfI
profitable harvest. Railroad man
afe 4 hig ruff. Ii, s!gh, Jar
'fobahly the next six months. md
het are chiefly anxious about lbalr |
unity 10 handle the freight when il |
Y prospect For the next six mnaths
y least We may expect 10 sse good
M''Foad earnings Our export trade
= also good for. while we will have
litls wheat or flour 20 spare. W, will
ave plenty Of cotton. corn. oats and !
liner agricultural products. This
beans better times for TRANSPORTS.
interests on both land and sea.
home trade IL also expanding and
here Ia a good demand for o .ly
manufactured products. The iron
nd steel trades are again on ono Of
heir spasmodic upward movements: |
nd ms the railroads are COMING In
$ heavy buyers of materials. this ac
ivity promises to last for a consli.
rablu period, All things considered
'e seem destined a. enter tho new
ear under very hnpfnl condittoas
nd Ia enjoy a further period nf pos
erity This. has been discounted 10
very considerable txtsnt In wall
.sssi and sslues on the stock ex.
II should hc remembered. are
pom a very high level So long. nov.
A. outside conditions ,remaln so
'sofabie, Nhere NJ pilx eA9afe atsany
reaction provided spcciila.
on and Issue Of new securities are
ept within reasonable limits, The
10 haatAwu srY. m.tt,