Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1911-04-25
PIONEER GNkt.lsN.
?Os south FIRST street

provided Unforeseen international
complications did not 'usuc.
General busiucs~ In CD, United
states continue IN an unsatisfactory
'ondiiion Commodity prices are
,cnorally declining The volume "f
trade ~ less than "a year ago and
many enterprises are hrld ~ susp, as,
pending NOR favorable general rou
litipns l'uccttiiutt regarding Ia, su-
prone court decisions aud tn" uriii
arc largely responsible tor this state
pf affairs Concerning the tdtili.
there h. perhaps more apprehension
than h. Warranted Thr three schcd-
ulos most likely .o Do, affected cot
ton. wool ana steel bu,c not set been
attacked ana both parties show a dis
position To- handle Them rtutluuSlN u
not To- POSTPONE action altogether until
the next presidential CAMPAIGN. The
tariff. u must Soc remembered. always
furnishes oNr,puuuat material for poo
iitiCal agitation. ana practical poli'i.
clans ma, easily consider 10 good tac-
ties To- pat public opinion To- sleep hN
cffcctinp moderate changes at this
session of CONGRESS and taking az th'
tariff question mon" earnestly after
the sentiment ut th' country has been
tested Do, another national election
Present Indications point o. this CON-
grcss sitting we'll into OBJ. summer In
the steel trade relatively r, orders
are being received for th, reason that
bis buyers are ,youumizing and dr-
forilng purchases a- FAR as pussi plc
some OF the railroads arr reporting
large declines iu gross earnings
which they are seeking to offset Jog
rigid economies IN oyorA direction I'm
tho textile trades dullnos SIN pro.
walls. Many cotton mills arr suffer
ing a elimination OF profits owing I,
high costs OF production as we'll a.
to the impuo-ihiliN OF securing salts
factory prices Tor their product. com
sumcrs are cconomizing while dis.
tributors seem bent on carving light
stocks and combining their operations
To- those Of . hand jo-mouth charac
ter. Tho brightest element in ~,
business 0utlook ~ the crup situation
Al advic-~ received concerning whoa
ana cotton are ut i very sttisfactors
nature. Acreage is large. condition OF
the soil good and plants generally ar,
promising ~ "a illc business condi.
lions are sound aud quite ready &,
respond TO aV, rNornhir Influences
NJ TIA" west. whore dopt ,ssluu BIS now
kcone~t th" outlupk Is som, What
complicated hy tho consequence. ol
past oNcrSpcculatlus jn land Liquid.
alton IN this direction is sull iu,um-
pletc ana may be- un mscttilug urm.
onco for some time To- come During
the last ten Years arl, areas "i agr-
cultural lands In the west haN. trrpled
IN value, rise which unayoidrbl,
caused much violent imitation and an
unwisc extension of credit
In the local stock murkpt ,hcal
money continues tho strongest iaCtui
Of support Funds are pling Ip ~
All eastern monetary ctutprs. and easy
rates ~, assured fur az iraet thr ncyt
four months AFTER that period high
"r rates may prevail car foreign
trade continues IN Nprt satlsla eturN
shape. exports ia March being am
proccdented ana thu TRADE bimnc.
rising to nearly t23.unU. 900 IA oar
favor against sls.00n 900 In 1910 and
welcome developments. one that b. ma.
tcrialN Strengthening our credit
abroad and win certainly stimulate
foreign investments in N, rnitod
states In Europe. ana particularly
IN Great Eriiain there are cunrInous
sums seeking safe ana profitable rm-
ploNmcnt IN Great Britain tho Su-
cialistic tendencies. or tn dlspua itIon
nf the state ana municipaliti,s to en-
tor the field OF private cnt.rpTiSc. it
materials limiting the field tor H-
N,suu'nt of British capital. ana this
disposition e. invest abroad II being
turln'r acccntuatcd by the policies al
Llui d-Gcorsc and Mr. Asduith. Wht
Win thoir s"ciaiisiic program are In
rrcnsiug th. burdens at taxation r
every direction The British investor
is rous"qu"ntly naturally turning /,
this country where. In spite of oui
similar political tendencies. the at.
tacks ON capital are really less scriou,
~ their couseuUonceS than Ia Great
britain.
Tho Investment demand for sccuri.
ties ~ THIS market has snmcWnn, sub.
sided and u Internationally heini
checked by public cXtravagance. III.
buying power Of those Of modefat.
IN comes has been seriously impairc,
by eStraVagance IN living, IN automo
bilos. their accessories, etc. The pub
lic IL saving less and consequently ma
less whorcwith to invest ia securities
These are conditions. however, whicl
viii right themselves ia due season
certainly after period 81 economy
and ~" outlook ~ not without H. On
couraaing features, MI things takni
into consideration. We advise cauii"'
~ speculative" operation until c"ndi
lions become more settled ana prom
lsing
7'T-H=HsT7-TH -------'-f--rT
Rdilry aud Edwards musical com
odlans. ana al new pictures. Gem.