The silver state news. [volume] (Winnemucca, Nev.) 1907-1909, 1908-04-09
SMALL INVESTOR AND
THE MONEY MAKER

Perhaps of all matters OF current
news. the least to receive ATTENTION
az even the interest manifested IN
reading ON the part of the small IN
vestor. is the money market. At the
nyesent time all classes Of money are
attracting very little attention, and
tbe rate of the Bank of England has
been getting in badly for the past rev
weeks. The money market shows the
tendency of the big capitalists. ~ Is
principally governed by speculative 70
t~erests and by the capital demands
O. business
At certain period of the year, n
especially during the latter months OF
winter, when the marketing of the crops
has been about completed, the banks
all over the country tlnd themselves
in possession of more surplus than the
legitimate demade of their communi-
ties can absorb. Also after the coun'
try is getting back to a normal basis
following a panic, the general inter
ests feel their way carefully before
authorizing hugh expenditures for the
betterment of their enterprises. At
these times the small investor IS
brought face to face with the comb
nation of conditions that should inter
est him.
There has not been a time in years
that the suggestion for small investors
has been so persistent as it is. today.
Business has returned to a safer basis.
There is "A very marked diminution IN
business failures and the large corpo
rations are already looking out with a
view of expanding their interests and
employing more labor. The smaller
corporations can look for their sup
port to the big markets and these
smaller corporations keenly feel the
suppression of investment and realize
that. in order to interest the smaller
investor to join them they must prove
the existence of conditions that are
absolutely fair to the men and women
of limited wealth. When the money
in the large centers such as London.
new York, faris, and Berlin is in
heavy demand for either o~ut-and-ouf
investments or speculative purposes,
the contagion of prosperity spreads,
and the spirit of inquiry shrinks in
equal proportion.
The money market Of the world to-
day demonstrates the fact that abso-
lutte caution governs the actions of the
investors. spectators and business men
and whenever anything in business
and financial lines takes on the rosy
hue of prosperity, the public realizes
that attractive stock offers are snap
ped up on the spur Of the moment or
the desire TO get in much stronger and
the inclination to invest. When thu
money rate is low in the great centers
the smaller propositions have no morc
support.
Those who will invest during the
period when money is cautious will
more readily CLEAN facts they should
desire TO know and should know. Tho
atterglow of a panic is "A propitioua
time to give support to the policy of
unblieity. Those departments and or
ganization which Zeal with the invas
of corporations and the dis
semination Of information are crpw,i
ed to their utmost capacity during tho
duh times, while in the prosperous
times their work is reduced 10 the
minimum.
America is undoubtedly approaching
a long period of steady investment.
investor who has the interests Of
purse at heart can plead that h.
is too old TO learn new tricks. He
is a factor in the making Of corpora
tions. His support is needed and his
will be look Il after te n great
er degree when the need of his support
is most keenly felt. 1t behmpves ev.
cry investor to get into the habit of
Investigating. This habit viii demon
strate his inclination to be cautious Mt
times when enthusiasm is at n high