The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1911-05-17
GOOD CROPS HELP OUT
Ne Money ssHnseney Expected mis-
Sumner Or Fail Unless she
unshoush. Of
Occurs
[spee.sl 70 H. can CIR /,


CHICAGO, May Scanning ehe
financial, political and economic seves
o7nsnts throughout the ~o-id critical,
~ ne most significant feature o. TIE
present situation Is tie confidence o.
ne banking element that The o-ess-,
sif1assoa Il this comry vii -o-a T.
sen GU without serious disturbance
Ls1 aacsssoa confines n nanv lines
sna Tie current economic trend Is 70
a-d further contraction in the 70.
Tue OF business: toward further
cs1-essfoa expressed 7. u-cs
terms The most faTo-abfa tes-
suEe, ho~eva, Is the ou,5urst o,
strength Il The invessnen. market
THIS. no matter rom What cause. ~s1l
enable nanF railroads 70 finance their
fature needs At q cost Tar Less than
~as possible rear ago Ehen the
bond market became dea5locsat
II Is this future which has contrib
uted largely 70 the more confident
tone both II the business and banking
community, and ~hfle bankers and
business nen generally do not look
for any marked revival in general
trade this rear yet the fact that the
railroads VIII be able 10 obtain noueT
Tor bettermeats. Improvements and
extensions IS certain 10 be rejected 10
greater or less extent IN the steel
trade and subsequently IN ali lines OF
business.
Whether the out5urst OF acftvity ,n
TIE bond market is the result OF tsnid
capital seeking z safe resting Mace.
or is the usual development which
paFes the way 20 & general trade and
business revival, time oalv can de-
termEne Suffice TO say that the de-
velopment makes for z stronger post-
tion than was possible when the rsfI-
roads we're unable. excepting at high
cost, TO obtain new capital. But one
exceedingly promising DEVELOPMENT is
the crop situation. with the exception
OF few spots such as Kansas. where
TIE conditions and acreage are not uu
20 normal: the general outlook Il
good II weather conditions in Kan
sas are propitous between now and
harvest thst state VII proba6ly vseld
q thrse-quarter crop: but the north
west. Ehich & rear ago experienced IN
almost total spring wheat crop. failure.
reports an exceedingly b-ighr outlook
and elsewhere IN the wheat belts the
situation Is e1corraEsng
With good croBs All With 10 ser
Ions accident Occurring % DISTURB con-
fdence, the financial zad credit s:trz-
tion Of The crEtr- i Ikelr 70 =o-E
PIT vtthout disaster Tat there z5II
be further failures gees =s.Levt ssv
Ing bat re ag-e2ta q -hese failures
should nj necessarily dssr-t ss-a-
nsnt Z & re -ztr-zf ce7ess3-7--s-.
q z pertod % ttzz--e1t Z --tcss
md credits
Nonev L eazT .o- ne I, Cor
rial Ines ~-a = IN - nr-t
ztsickly. Credit ecz-9zz4 s-oe+zs z-1
Etth te-6-rr 70 crate er--Es-z
that vcEzc If L II zzz-ess
execelt.ng u9ns5 1T@ss1- Hz-Es-s
are acting Fssh czzts1z ar 4
.act Hes or -@-@s- s=c -
business -a- & ez--z11s saeg 81
: presidential cs-5z- x z an
hat the politeezl z-
ngton Is certain u - --e = zezs
disturbing tzeto- 6z-z - -
-welTe months. @p@zszlr @
involving the tr
With the prospects u r rig y
harvest and uoTs ths= z ar
fall it would not y sz---1zs-z ~
sy rates frmed Nd -z1e-SzT. e-r
without an acute trzee -sv
not expected that taers ~ y
money stringency tsis s=- y =.
In some sections the tenz-5 ~ -c
sy Is heavy but that L dr. 1-r@
local conditions such g IL .s-e-
withholding a part o. his c-oas ~
market, or expending large s1n. ~
improvements such as drainage ar
similar items.