Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-04-02
new PLAN LETS PUBLIC IN
Concession Of Financial Managers is
Bearing Fruit.
BUYERS OF SECURITIES PLACATED
Cash Holdings of New York banks Is
Largely in Excess Of Amount ON
Deposit when Last Cali
Was Made.
~ PREsToN Q. ADAMs.

NEW YORK. April 1-(Special TO The
Rec THE new pial Of high ttnauS5 10
deal more openly with the pubic and APP
parenuy, at least. 20 let the prospective
investor know something Of what are realtE
the facts is bearing fruit IN an increased
number OF small purchasers OF securities
for investment.
Il is coming to be recognized by cur cap
tains OF Industry that IL is tAn man Whg
buys stocks or bonds for Investment ana
puts them away, rather than the Spectator
playing the market for turn VINO MAKES
safe, sound market for, securities o.,
art only beginning TO be understood ana
praCtlced In the United States the notaolo
achievements in this direction by France
are so often cited that they need not be
enlarged upon, Staid Britain Is now giving
the subject serious study and the adVlsa-
bility Of making consols available In very
small denominations may be recognized ne
fore long by the government The deslra-
bility Of multiplying the number OF investors
Is greater IN the United states than IN any
other country because of our essentially
democratic system OF government which
enables public opinion to be quickly writ
ten into the statute books Unfortunately,
capital I'm the past did not always act win
due consideration for the public welfare
and iu revenge harassing legislation mas
! been passed alike by the feoeral govern
ment and many OF the states. Let citizen
/ own an interest IN corporation ana ne -
much less likely TO advocate hostile meas
ures The "Havenots are always more
radical than the HAYES Consequently by
! extending the number OF the latter the re
suit makes for moderation In agitation for
: legislation aimed at business organizations.
/ All this is being gradually realized by our
/ financiers. Tactics that were sometimes
pursued by high finance In the olden days
are no longer regarded as respectable.
Cash In New York banks.
! Now that the complete statistics have
/ been compiled by the clearing house OF
| New York City national banks, state banks
and trust companies under the recent eau
Of the comptroller Of the currency and OF
| the state bank department at Albany the
| position OF these banking institutions Is
made clear. The combined figures SHOW
| cash holdings of S526, $4,000, against $500
! $4,000 on November 10. 1910 an increase on
| SO, SOS coo. Loans amount to Sl,S25 l94,NO
| against S1727, 725 600, a gain of $50, 45s,OOJ
| Deposits are up to $2,95S 1856, 600, against
81, 794 S2t 600 an increase of Sl63,344OOO. This
/ amount of stocks, bonds and mortgages
! held reach a money value OF $Bl36Jo'OVo
November figures and SIPS, 294 600 as com
pared with the March total a year ago.
Decline In Farm Products. u
An examination Of the March report o
the Department OF Agriculture DISCLOSE
the fact that the prices OF leading tarn
products, such as wheat, corn, oats llV
hogs butter: cheese and eggs have within
year declined from 10 to Az per cent. In
average decrease on the above articles !
about 90 per cent.
The question that naturally arises Is, ha
the benefit Of this decline of 80 per cent u
staple products reached the consumer
And II not, why not? The following tabl
of leading grocery articles, giving tn
highest prices during 1910 in comparison
with the prices of the same articles Mar
l. 1911, shows that while the consumer !
getting more for a dollar now than ne al
| d year ago, he Is only getting the beneIlt o.
, at most, 20 per cent decline in retail prices
ID U,r, II. pnTCEg