The White Pine news. [volume] (Ely, Nev.) 1906-1910, 1908-02-24
Credit Men Say
Encouraging
Things
All Over the Count
nv Bettermsnt is
Very Marked

PHILADELPHIA, Feb. 22.-Signs
of quickening business conditions are
reported by credit men from many
parts of the country who, during the
last few days, have been in confer
ence at the Belleyue-Stratford hotel.
With almost complete unnaninJty,
those who were today interviewed
on the question OF the business out
look expressed the belief that the
turn has come indnstrially and com
mereially. No class of business men
in the country is more closely in
touch with conditions than the credit
men OF the various cities, and those
who have been in conference here are
peculiarly close to the real situation
as it exists today. They are the
members of the creditors, associa-
tions, who have specially TO do with
the work of the bureaus created for
the adjustment of business failures.
When, therefore. the view is express
ed by them that the turn I'm business
conditions has come, II is from expert
knowledge of the real facts.
V. j. b. Pierce, president of the
Cleveland Credit Mems association,
and president of the J. b. Pearce Co.,
wholesale wall paper, discussing the
situation in his state, said: We are
very apt to have a famine in good
many lines of merchandise in the
near future. Manufacturers are not
making the goods. the jobbers have
no stocks. and the dealers are not
stocking up. A very moderate de-
mand is certain to quickly exhaust
all available stocks. There is no
doubt that the demand is beginning
to pick up again, and II would not
be surprising to see people calling
pretty loudly for goods before long
and being unable to get them.
''In Cleveland industry is begin
ming To spring up. and | might cite
as notable examples of concerns that
are increasing their output, the
American Steel and Wire company,
the American Shipbuilding company
and the Cleveland Hardware COM
pany. am looking for a good
spring trade.
Charles T.. Meek. secretary-treas-
urer of the National Association of
1ItultHltHt Shlu w Htu iHiHSS luI III
they will turn very suddenly and |
think there are signs that the corner
has been reached. OF course. II must
he remembered that the depression
has not extended to every part of the
country, that some sections have
been very little affected. The coun-
try will speedily respond to the early
signs of revival.
Harry L. Eisen, chairman of the
national committee on adjustment
bureaus and representing Landauer
& Co. Youngstown. Ohio, declared: :
There is no question that conditions
have already frightened throughout
Ohio, and that we are generally con-
yinced that the easing of money con-
ditions will bring about return of
booming prosperity"
Thomas II. Sheppard, Pittsburg,
said: "Pittsburg was hit about as
hard as any city yet, even there, |
think, we are seeing signs of the i'm
provement."
William A. Joyce, president of the
Buffalo Credit Mems association,
said: I'VE are having the usual
amount of spring orders, with few
countermands. Collections are stiil
a little slow, but things are unde-
niably better But my experience in
II and '93 teaches me that we never
know the exact minute when things
turn for the better"