Omaha daily bee., 1911-01-02

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Boat EKFggt BUSINESS BOON"
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~ HatHsss sf1 ft.tIn nmst' lh ibs tnited
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Fs 4Hfs.aH fas Been sst.d ~ isadine
HaHtffs Ia.f.fH utH aH1 business men.
HlH .If. li.H..fs .aff wriaH aud Hfc
fFfH.f iH .H#susfafIur WHlln some n
I.a#I a.. f|.H fH 'rt. fuanHtr virw
HF t.. lIUH. ffr ..iHHf ~ opinion W.
ftai iHrf "a Hr ntri. to hs % business
ia.r HYfiHF iHt Ut8f IIai beginning Here
sfs aHUf NJ uf oHuipua
U effhHrI frfusT president ~ the
'hFHaI Uffai Weston railroad
fH fre WpEtt ..uHf,HH VIII take .
tH. HarHtiur iHe sni Ul1 continue 10 pro-
du,s abundant hirv,.r.. imagination and
rfartrrf vU fsaaln tBril positions. return
trr sttfataaance v1 sustain Increased
production ard boom Vir T' Tho market
81 % tnnlia editor Engineering and
viuiuF Ncvsi
"fbe fnrtor ~ CHIEF ,nrorrsvcmcnt in
us financial outioos t seems 70 me. may
BE- Rensfaizcd as thc tcndcncy among
people unrH moro to accumulate savings
ur perhaps I should a8r. the recognition
~ the economic ueveHsitr of 80 doing. This
nranH the reduction Of cNtraEagances and
tito Introduction ~ increased economies in
production A more or less liquidation Of
labor ia implied and that "a desirable. but
N some strongly unlongcd industries, as
Tor example railway transportation, the
freedom ~ liquidation ls impeded In those
the great remedy is Improvement in eff
cheney"
FerEan Holds HoprTuI View.
David Il. Torgau, president city Bank Of
ChiraEo.
Tho most helpful features In the pres
L..
ceasfuly welthersd tho crop-moving period.
and tho rcvulunp easier tone will sooner
or later lead ~ renewed activity both in
tho investment market and In general
business. Wc look Tor some more trade
reaction leading 20 an easier money condi-
ton. and thereafter a gradual recovery OF
eosfidencf eoiu ase ami enterprise. This
country has not kohc to the dogs our peo-
pla have not very iung memories, and with
one or tNu matters uut of the way viii
aEain reassrrt their faith in the country"
q. w. uutuE, president Third National
Hank % 81 Louis:
- do not look Tor business revival dur
ina 'iaii ! believe trade will be- stationary.
inciinlnE toward a little further contraction
tn those large industries which arc de-
pendent on tho purchase Of railroads
The money market prospect is FOR an
abundance OF loauabc funds. with slightly
easier money rates. Interest rates will
probably he somewhat under the average
for the major portion of the year"
Lacy rrophesics Increase.
Graham o. Lacy. banker. ST. Joseph.
Mo.
q believe there viii be a graduai revival
Of business during 1871. II will be ncccs-
satiiy slow 81 rirH. but gradually lncreas-
ina iu volume
q believe tbai the demands on capital
viu be such as 20 kctp money at rela-
lively hish point durnE the year. There
is On immense amount of financing TO be
doae whicn has bsln postponed from time
% time. and if We a-e correct In the as
sumpuou that there will be a gradual
revival of business next year. much u this
nnaucine will Be cone and tue demands
~ capital will he sgcl as 10 keep the sur
plus funds oi the coInuy pretty well EN-
Fioyed.'
FarmtHH Prospects Good.
p ~. Watts psg icnt ot the Firs, Ma
tioual bank. Nashville Tenn.
The most pelpful feature OF the outlook
appears Co ne 90 be- the fact that thought
fu bank,.s businsss men and public Of
feias se applyihg themselves towards a
rrelef solution of or banang currency
sad goulcat problem
Tire business in sac O. .rl.u.tIIaI sections
should be- above lae as,,ass curing Eu
though manafae .ulilE may be below nor
mai The disroa.Ian ot the railway sys-
tsuss ta fsgen1b auI ,8 cease extensions
amt betterments. laEoa .'tl the ssuera
s.oeiaz doVu m uarulae.uIIug viii cause
tae earr months b. see irue improve
meut but A. the causes Disappear .rea
esn nr1dlc,lon anJ a1od sense v.I b. e,ai
art make a sood and an inc easing de
nand for orr products
AMONG the rauruad men the ser. .Imen
s not so hopeful Here Is what some Of
.hem say
RsIrsad Mss Fes-imIstie.
Eossveu Miller chairman OF the chi
caso MIeaukes a 81. paaI
-la my opinion Gre srase anH 1.l rarn
Inss ~ che .aINays Ju.ns the yea. sI
eu show decrease tr1u lssJ yst..
ctar.es Hass psss.den, Grau.
Frans
The ndesuors are Ha. -rosz e,-a
nss r1r uu vU rH. exceed ID -r. s1,eu
tle gross ca.russ .. ..a H... car
ant Fnce rne .yrous 900 .ras Raw
eeeu afse mr-as.I H. advanced rate
OF nay sFeu to ulars al. employees dar "a.
gm fenoss t1at unless economies ar
made IH lne ireruou of postpouemeut %
szuendltires wnicl should properly b.
made n na.nrarancs or vlF and struc
tlres. nee earnings W.I show decrease.
A. nelano. president Wahasn.
while o Eel chat business is nov Of
q ribsfcnt.aI basis aud wiz continue "a
dnn 1oos for extra1rd narr large rroz
earuiass en ra'lsavs dlrins ran % cours
anv Eerrase ~ en- ts granted in rate
wiH ne az maieriaI asst stance. but raf
nee o. sslInassd ta adFauce ~ dscis.o
tae ceran sstou. fu the meantime. tn
btsa voluule sf basiness has greatlr heipa
- rafIroads
80 tsr as Bet aearuinss are coneernes
ar..rn...l =. .....a r.r.1