The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1907-08-19


&ue to international rather than to
Nestle conditions, and to the deter
Ma policy of these corporation in
BITS to withhold their capital from
Enterprises until they can be prom
certain immunity from attack.
Rme Of the views Of leading New
houses in the situation are as fol-
body, Mcclellan & Co.: Wall Street
4 practically reached state of de-
3Rlization in anticipation of expected
Ibles. AS a matter of fact none of
troubles has as yet appeared in any
Ee form. The financial trouble COM
iced in WALL Street more than a
ago. The storm center will soon
from this section and be noted
d E particularly in industrial and
-antile circles. 1t seems to us that
pie owning good securities should
+ Ito hold them. and this applies par
arly to railroad securities as they
esent the principal investments of
4 country. The present decline in
rites having a market in Wall
+. et has affected to an enormous de-
the invested wealth Of the nation.
no longer a question of speculative
Q, it is a question Of the savings
| classes. Every person having the
of his country and the interests
& is fellowmen at heart should coun-
wisdom and moderation at such
S as these. And especially should
the policy of every man holding
E gh official position to do all in his
+ er to restore confidence in financial
es and a return to that faith in
country's institutions and in that
ce of our people which has made
S nation what we are.
ince & Whitley: Rumors are plen-
credits are being assailed, and the
raj tendency is to get out of hold,
regardless of merit Operators
4 King for a fall are doing their best
islodge stocks held on margin and
s awaiting matters, at times they ov-
& bp the mark by creating an un-
& lily short interest when on their at
Y bt to cover, sharp rallies ensue. We
se great conservatism, purchases
rives for turn should be taken
Cntage of but for confident invest
buying there are still too many
tious questions overhanging the
ton. Reports from abroad are de-
lily gloomy and a further rise in
k of England rates is expected and
exports may be in order.
+rpenter, Baggot & Co.. "a mem
of the republican national COM
y be tells us that political pressure
!. lich is the only competent pres
lis being brought to bear on the
dent and he is faltering--in fact,
AIRED at his havoc and the wane
his popularity. He has been
IN the necessity of great cam
contributions next year to off
the damage he has done, and
are hopes that his loss of polit-
prestige may cause him to appre-
the seriousness of his methods
cause at least a modification of
We do not advise selling, at these
S, stocks that are we'll protected.
he contrary, the dividend payers
be bought on a scale down with
hate satisfactory results if well
Bined.
annis & Lawrence: To-day
is a growing opinion that we
seen the worst, and that i'm
ement will continue for some
.nry Clews: "a considerable
interest will naturally at times
reated, and the market in conse-
ce will frequently be in a posi-
& for occasioned sharp rallies
never conditions favor. Quick il
out turns in the market will
very profitable to alert traders
e immediate future"
o. Brown & Co; "There is some
nd for the belief that the mos
Fable developments within day
4. 70 win be in the nature of an an
cement of plans for monetary re-
py the United States treasury"