The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1909-07-26
HE 4 II SITUATION +

Z liz sle'tilui VI 2stHG pHolA' 100
{ situation, and SO complete Is now tho
rrcogery from the former period of
depression that strikes in several
places do not cause a ripple, OF distrusl
away from the localities In which they
have occurred, snys the Pittsbnrg Ca
Times. Indeed. strange do It may
appear their influence has been I'd
CONFIRM rather than to impair conf
delice Idle men do not strike and
neither do men quit work anil mako
demands IL there is prospect Of idle
ness In the near future due to failure
OF orders at the mills Therefore, the
labor disturbances, instead OF being a
dtsco1ragement merely form a back.
ground :ihgainst which the substantial
character OF the business supnrstrlc-
tlTe Us shown Enthusiastically. They
prove the general rule OF; prosperity.
The ease OF the money market In tho
faeefp OF gold exports, growing demand
for money to move crops anil with
draEats fof5 money deposited In New
York banks Is Indicated In the reahI-
mess With which funds have been forth
snpmIngito finance extensions anil rnp-
italfze new projects. There Is plenty
OF money for legitimate enterprise OF
all kinds and there has been an abMn-
dance for speculation. The seasun'F
I neutrality-suspicious. however. promise
TO curtaifs the supply OF funds available
for stock market operations. Some OF
the usual symptoms are now In evil
dence and as Is always the case the
protessio nal SPECTATORS are seeking
other reasons than the true ones for
cessation OF tho bull operations. Con-
Siderable stress has been placed on the
pf6habillt y or tmnrobability of an IN.
crease In dividend payment on Steel
comnon, but rs is doubtful whether
the prospects had rs much weight M
prete1dsd I'm some publications. Tho
value OF Steel common for stock mar
ket purposes Is less dependent upon
the diyidend action of the bonril Of III
racfhrs on Tuesday next than upon
Tho Showing OF the CORPORATIONS busl'
ness Persons who. hold Steel com1nort
FOR ir1vestment,a and with a view to the
I future are aware that Its nuallty rEy
be more Sunprovedls and Its position
made Stronger. by Withholding IN arldi,
tinn tn The present rate than by dis
trfhntingjfa larger sum owners of thu
sflnres! Whatever may be tho action
on ithes diYidendyth tho business shnwiEl:
ofltte corporation Is certain to hFg nj
I together salts Glory. n
ME arepnrt d OF the .EestinEhnnsH
Electric md notwithstanding Company
Intlde public this week, was us favorh'
lSble as anyone had reason to expect
The concern fs NOW in Strong nnsi,
: tloif and y with business increasing
ought In another year to be rtaklnF
money. The report shows that though
4 hustnes has not reached the normal.
thhre has been steady 71etterment
VIII will be accelerated In sly mmtny
wif the growth OF general business
THE prosperity OF the WesllnEnons {,
company is of{S.inrgc Importance 10
PIttsburE, and everyone here is glad
: oil the REINFORCEMENT.
Chicago reports n steady inflow oil
4 the new fcrop of wheat. This move
ment has had an Influence on snecula.
tjan In the wheet pit and the price Gu
Ethaf commodity has been materially re-
q tluted.s The progress or the crops ~
II market caused the flow OF money from
n yrnsfl 4 Nj east to cenHe, and the reverse
Fsntnvenie emit Ito begin. The westward
4 flHyr will nceRsarily gain I'm volume
I 4 artre ;haathrn interests In consequence
= haya iiostpoiled rotations whi;! they
4 In "a An view, Hn that there nav BIZ nc
strain on credits. This is welcome
T Moot iof conservatism and gives ass1r
anca against an eariy return TO tho
recIslrssness which characterized th0
L nIerioa edlntely prior to 1907. The
.flriancihIt and Industrial leaders are
building surely and discourasiag any
J different COURSES to others.
The tariff situation mt Washington
has boon absolutely without effect
Though an attempt was made TO CON
nrtt CERTAIN market nervousness with
ut during tn week. The effect oil tariff
{ leEiihtlbn has been so thoroughly els
,coIiffted THAT nothing can occur Mt
NnAhinEt ION that Will have n generally
y atlrcrse HI Sheet s6| Even final failliro
wptiltls not be matter OF vital concern