The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-04-01
EXPERT
:ANALYZE:SI
FINANCIAL
CONDITION

eOnllent underiOae prevails In the
markets. based upon The belief that
an knowa unlavoroble conditions have
been discounted. Yet the enertla that
las prcvailed for the pnst two months
continues. being ,aalnlalncd BY The
absence uf many large operators as
well as Fac genera drlness of bust
ness.
The fniuro r. being watched with
close Interest, particularly Ia regard
10 crops anil the tariff. For wlnter
wheat the outlook at present Is quite
satisfactory. much more SO than
month ago. Very shortly preparations
win be III order for planting oil crops
and as prices f0r farm products al
present are unusuclly profitable the
outlook Il for q full acreage during
the coming year sac eo1niry re-
qulres AT increase 10 ,icld OF Of lerst
per ceht in All It's principal eropa,
cotton perhaps excepted and in
some cases an increase Of AS much
as 10 per cedt would be advisable,
either through larger ecreage or bet
ser cultivation rhis would insure
more reasonable prices Ter food pro
ducts thus reducing tho cost q n.y.
INK. aboui which 10 much complaint
"A Justly heard. i xonld also stlnu-
late larger exports ne decline OF
which during the last year has been
one uf the most unfertnuaie eccom'
paniments nf our business depression
Need Of larger Experts
Larger experts OF Agricultural pro
ducts would DO more lhan anything
else tlxarG restoring the equilibrium
og orr foreign trade gould stimulate
business al home. would increase rail
road earaingB and lasurc continued
prosperity 10 Our irfmerp, because
The larger Yield would amply offset
any shrilkAga IA Yalues resulting
from increased supply The country
has suffered long enough from me
ialacies OF restricted production
which are nolailg less Gar indus
tial suicide.
As to she taMH little progress ans
hcen made, though quite as nuch
ns expected u fnual be taken Tor
granfad that the sarsi Is tno#n IN
The matter Of revision. The PAYNE hill
While containing fenle elaflns eaieets
was upon The waole 9 measure WHieh
Indicated an earnest enor toward
tariff revision il IS conceded lhai
ine flles as reported IN thai nill
Weea the lu@esi which, could be pns
sihy enaenE Consequently The H0ral
] is kn wn as l1 ehaagos ht ihai eHaf'
aeiof. and o. probabilities aye iha'
I dnrius The discussion many eaanges
/ wln be madr. aiul These wlll he CHIEF
INV IN the direclIaa gf higher faleh
+ thnn those namud I'll hp ORIGINAL tifRN
/ rhIA. 81 course WHlle dlscaufagins
10 lafin refogmefs. wlll be rhassafins
to manufacturers and otbms depend
ent nnon trrin support "he great
bndy of manufacturers ana merchants
are now more iaiGfed by unaeflal9-
/ iy taaa by ans probable revision.
Their chief dcslre IS TO have liese
problems and Irritating discussions
ended III order thai they may ~
ahead with plains aud work either con
tempIated or begen. There Is no
doubt HAT grun ieal oi business
Is being held back awaiting ne se''
/ rement 0f these vexcd problems.
Dizziness Aggravated
This dnllness IN business IS more
over being further aggravated hy
weakness SHOWN ii many coHlmoaiy
/ markets. The declines in prices nave
not been cCnilued ii stee AMI ruppe., ,
| Tor neaflg all IL the principal mefeuhn
disc markets show raore or less Weas
ness al FIRST hands As result q
ltaflE uncertainty and weakness W
prices many 0rderh are held q si'S'
penae. and business is BEING tfHhs'
+ acted upon purely hlnd.iom9u1ll
basis. Production Is being caftalieu'
wages are frequently being feaueHn'
and It might as we'll be coneeaea "
not tawt We are In the mldsA q 7
period Of reaction which shonl9 aaNe
worked itself OH & year ago % !ne
natural sequence oi ibe panic ny,
xfs delayed because of me p9Ms'lp'
reslraint impoaed By the Steel i'"''
x ANH ViHf Hlinldf ARftN'""' -.
AZ IL question as to whether con
sunlpllon Is not COINS on 81 hlvl'
ranla rate than production - nlans
lllaes 81 goodA. Not lnfrequeniig safi'
M are bare. and we're tae lafih ~,
llnd ana rcnfldence rcsalued y v
prloaa II "a quite probable tiian a'
accumulation Of orders would oe uls
: closed which would quickly klFe
business q new and substantial slaIs
I There Il 10 doubt lnit mans oiuell
ana many neR enterprises are nov
held back purely through lseR q eon
ilafnee. aud when this dsapeehta ~
mas confidently expect al ieasl ? pa'
ilal revival oi btnInesa activity. ive
lislh'f lhl8 mas be deferred Alltll wv
ielaH 1lii5o0k heeonles more asst'ttfu,
pel = anK fllse llnaerlslng c1nlllil9n'
z ass HIHd hud gae process d fesa
luaIneai nl|W being on ls pafins wv
waY luf 4 healile revival q e s"l'
dielaHI date Tbe recent lnllHfs z
lhr H|aei Tinsl % feysrse ne laN 2
3 srpnlf and demana alihouHl = e''
\ Hfi HfefeN n aeferllne i opeie
4 ipfs Ipk gu|lN YEAR was = 'A,N'
! y iHas aeNn|dlnus uuen 1nHi wv
Aun ~ anf Haan o. infealleH Hn'
ln IHf#Et These great rpmHlhsi .2ln
Z nlll Ha.sailIf b. more faThth' Y
H1# l1kY AlaEIeFe Wltb NE iptf