The San Francisco call., 1905-04-03


of corresponding quarter both here and
other parts country At this time last year trade
losing ground everywhere now 1t is gaming those sangune
fnanciers merchants who planned
capital the beginning of the feeling confident
another year Of prosperity having their optimistic eNpeca
tons realized.
falling year. gain the quarter of about
S5oooooo which fine showing, and when the returns from the
country they will probably make an
equally brilliant exhibit The countys ceangs last week were
large being Sooooo increase of 522 per cent over last
year gains of 76S per New York 295 at
Boston Philadelphia Piburg 800 at Minneapolis
and There for the croaker before these hgus
They show good times
Supplementary pe exhibit the ceangs is the inn
proving conditions railroad traffic the earnings OF the hrs three
weeks of March showing gain of 81 last year. with
the railroads complaining OF freight congestion owing 10 ne
merchandise The record failures however
whole o This wear bids fair to be immense This condition
itself sufficient inspire widespread confidence throughout c
country.
equipment the quarter closed ne cover
expenditure for houses Offices fac
tories and other edfes during present calendar
yet reported would indicate that the
expenditures edhces this year would well to
Soooooooo this marked activity railroad build
ing equipment oeshadow expenditure OF
probably by the railroads. this all pointing
expenditure for material and labor OF close osooooooo
The list Of improving conditions might be expanded but the
everywhere. As far detemnabe present the
in better financial and commercial condition
Money New York during the latter part of the
week call loans rising from about 3 to AZ per cent on Friday
This expected however owing the demands the market
obligations falling due April but the nowhere near what
anticipated temporary, very insignhcance
still further enhanced the buoyancy and confidence in Wall street
And in this bit of financial history will not be
amiss
During preceding the April settlements of
suddenly became all
Europe They only general Berlin Paris
London and New York but specific 1t broadly asserted
that pemnare being seriously considered by Russia
Japan being the
mediums through which they being arranged The
papers their correspondents all the above
began around after the facts the but
nothing any peace preinaes If there
under way him, Everybody
the would They kept popping up
all sides The mystery increased Added TO them report that
the Gar had attempted suicide.
after these peace sprung there
sly and wink from the circles of Wall that all
reports circulated by the leaders of high finance
sustaining the worlds money pending
April the of the
Japanese there positively other basis for them
This tip repeated the following day. but nobody paid
Everybody accepted the talk would
Very good The Japanese loan hoaed with
markets stood like stanch yacht under breeze But
ogt hours after the successful hotaton of the loan and all
April mouths previously closed like CLAIMS
suddenly opened The Japanese diplomats openly
stated without that Japan positively considering
peace but would continue the reang Russians
finish The Russians announced that they would follow the
o the bitter end
great coup Furthermore was great fnan
the preness of the
thing however all 1t hurt nobody kept things
stable basis But shows how easy is fool only
muniy but the whole world.
fact however unnecessary The sup
ply of cash. both here and
many other settlements could
a to the circulation of political roorbacks
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