Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-07-10

hrary Caexs mzkas TIE fasssxlGg
distressing neamar&s en- snzaeaat ese"
aaaa9ss
as.a~sAzs arss~s 6ssaazx aessAsses
In VA Street skser Ise aaaxsxas~ses
haaaasg. Tsas sss sse safissay o.
s~xxrrixa Improvement IN nc nsaaesSfF
~ssaasasaa. k1o~nt a~as1a8&saoa nsas~Ses
e~aaxls@rxaae faaSs rxsEssssaF soe&es
M xnd the sasrkxs 10 also n0s fFs~
frnxn The eassarAsnae a~aesdessxi q
preparations ser Easrag t~assssesse q
Jxag a~ssaarsrsn~ufs Tie derasne In
sa@saaag ssx also h~aefacasi ta hosA
maaes saa saxxk nask~x& farsAer.
. drop ~ - 20 . ssasafs In active ~
emrssies aarinx The last Sin noashs
has hrssaxhs about " least . psrslsa
sexajnssmFns In ssluesA n 10 sozsh
.hsse aoslax . few u ssAs@ oeeii.es.
~. Paul arosp-i oser - points since
Isgasry. the hish i-vsi pcsas IL issS:
Norshsess drcpgea oves % pdAats
dsring The same lnt~rssa. iA<kasans
-. Iiinoas II. Iatertoro a. Missouri
rsrsAe ~. AsrAi~oa 10. Nes YORK Cen.
fssi q. OCtxria 4 w~stern 10. Pens
syisanIA : !. R1a1isg Is. ssssk~rn Pa
si1e n. Southern n. Inioa Pseiae -.
Amsixzmssed ~. snsising ~. Ana
ronds o.. Enited States sseea eomanoa
4. md pEeierr~d Il.
A. penssseatiy pointed ost 10 thess
advices Tor mnaths past. II sss eyi
, dert that either moGey os securities
I mMss dseiin~. The latter Sere kns
lsined by m2in force n iaes - pms
xihie. hut vhea this failed reaesics
o vas inevitable. Thxf such . deelins
N the above could have heen saduree
without panic. OF eve a semblancs
o at trouble. Is remarkable testimony Il
n the inherent strength u both the r
nSneisl and business situation. Thea
are no ramors of trouble. and non I
~ present exgeetet The deeiine Aa
4 evidently fallen Igon those best ADJ
J" 10 hear II. the public having had smsl
Ct share In speculation during the eaI
m rent year. As 10 whether prices hav
~ reached their botiosa levei OF not. fha
a. ID largely probiemsticaL In any cas
r. the market seems entitled IN q ma.
IN crate recover, after such q radical d
er cline. although much depends up,n N
II future course of monetary affairs. u
ir the next six weeks. or until crop d
mands assert themselves. Il should 4
n. clear sailing In the money mark.
ae" After that business necessltiss vi
mt come drst and speculative wants ias
nd There In q greater abundance Of mGn,
10 than usual In the west and each ye
IN. II ssoxs . growing ability
he finance rs crops without defeaden
be upon eastern banks. Material aids
the money market are. moreover,
by be expected either throuyh gold d
pu. ports. which promise 10 ,nc!eass '
Tie Australia and the kIondike. or throu,
Id m expansion Of the currency. Win,
he will be promoted by Issue Of Pansn
~ Canal bonds. and other rssernmea
he operations. Through the latter nsezI
he Il IL estimated tht si2s. 100000 ad,
he tionsl viii be- available for circuiziis
Ter purposes. Thus liquidation. low,
as prices. gold imports and lncraas,
FIR currency supplies are all favorable d
mt veiopments In the money market. II
In principal offset being large buslnel
Of and crop requirements. which will b
In gin with the latter part Of Augu'
and heavy secarit. issues. The Yea
be- est feature of the situation IL the re
30 estate speculation. which has tee
Id conducted upon a huge scale In O
In. parts OF the country. q which ha
m. unless ail signs fail. reached ~ &c
nd ith and must hereafter decline. o.
X. crop situation Is satisfactory, IA
Of yields of wheat. corn and cation a
nj promised. Agricultural products &c
70. orally are bringing good prices Al
es .raliy Ia bringing soot prices ar
Id our farmers expect to maintain u
W prosperity which has favored them Il
nj the last six years. General busine'
u, Is also promising. In not a few cas-
M nigh prices are restricting busine
Nd and obliging buyers 10 proceed wi
unusual caution. There are no sigu