The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1910-03-22
ACTIVITY Of REAL ESTATE
On the Other Hand Condi,iors Are
Unfavorable In the East-N;otton
Goods Industry and Foreign Trade
Disappearing. Labor Trouble.

of Henry Clcws, issued today:
Firmcr money. labor troubles, prof
4 ID taking and abscnteeism all com
bincd to induce a moderate reaction
+ In stock market values Several in
/ fluonccs also contributed to higher
rates for money. Disbursements
around the LIST of April are always
exceptionally heavy, and prepara'
tions for that contingency had much
to do with the recent advance In
interest rates Bank reserves have
been declining, and the demands upon
the money market to finance new
security issues were also an import
ant element IN the situation. The
advance of ! per cent in the Bank
| of England rate showing an unusual
situation abroad, also cXcrtcd per
ccwiblc influence. Added TO this is
the general activity in business on
funds much more rapidly than when
prices were upon - lower scale. As
for labor troubles. these have had
a decidedly deterrent effect, especial
ly where demands have been radical
and unreasonable. Demand for high
cr wages have frequently caused less
concern than the regulations which
some of the unions sought To enforce
upon their employers. 81 long rs
present prosperity continues there is
a disposition among corporation man
ayers to deal literally with labor.
which materially softCns the autago.
uism between capital and labor and
lessen. the probabilities of any seri.
Gus disturbances. II Is to be- noted.
however, that the ability to pay the
couuuyd To the large establishments,
many of the smaller ana mower con
Gems not being abe To- report such
hands me rates ot profit rs shown
by some of the big indusuria's and
the older established railroad Sys-
TENS. great deal is made In tn"
prro, of th, profits ot some of the
leading concerns. some OF whi.h arr,
k,culy feeling tho increased costs oi
production, ana are not always able
to meet the CROWNS demands of cm.
ploycs
While general musiu,~, is fairly
active. and has promismr outooN
sull activity is not evenly dietrihu
ted The farming classes probably
lead iu point of genuine prosperity,
owing to the abnormally high prices
of all AGRICULTURAL product, The
mon trade, too m It's leading branch
r,, appears o. bee cnioyIue a fun
share q activity though ON a basis
p of lower prices There i, also great
activity m tho real estate field, cs-
pc,alk iu the West whore spccula.
tive operations are being conducted
upou an unprecedented scale In
other directions however the out, ,'ok
i- NOT SO roseatr. The cotton goods
industry is M very unsatisfactory
conditions Many cot % mills are
id, Tine high price of cotton is a
scriou. embarrassment to manutlc.
Jurors. and distributors are decidedly
, reluctant about stocking up az the
. present high level I'm the wooden
/. industry, the situation ie mixed. some
/ mill, having full complement of
order. and others finding business
= very dUl iu mercantile circle,
h,r, i-J general fccmg OF conscra
u-m brrtu,y OF a very proper mdis-
, position 90 carry large supplies, al
4 present prices tni, tendency b,iug
, enforced by bankers Vh1 are prudent.
ly disc.Imunatug more closely ru
4 their purchases of commercial paper
4 Perhaps the most unsatisfactory fen.
, turp of al, is the popular discomfort
e arising from the present high cost
of living. F.r this economy is the
g only tru, cure Already the crisis
b" ''-'""'"~ '' WIN '"' l.H Wv
4 solution by checking consumption.
4, Tn, prospects are that a very large
l. acreage viii this year Dee devoted to
9 tho raising vt food and other agri.
e cultural products. and every farmer
! Wi. increase his output TO the fulles,
capacity In order to get advantage OF
present unusual profits This means
good demand for agricultural ma.
ohiucry fertilizers etc What with
The chance of increased supplies OF
/ food.tuffs M Cor. many manths and