The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-10-01
FINANCIAL NOTES
Wall street news summary

Wall street news summary:
italian troops land In Tripoli. Turkish
destroyer sunk and cabinet resigns at
ConstantnupIe. with Said Pasha appointed
prime minister.
and Hartman -yatem in effect at 10
o'clock this m1rnins concerns 3n" men,
per cent on preferred stock.
f.nck0wanna strike ends and men return
to work.
NV York state legislature session ends
today
international Banking House engage,
sl.:1A,t.N' gold bars for shipment t. Paris,
Gross earnings Of railways In July
eeea any month since December but Ill
per cent less than in July. 1910.
Annual report Of Omaha shows 1000 per
cent earned common stock
Prime minister of France assures for
, eien fnan"iers that n" Lew disagreement
with Germany over Moroccan question has
Free expectation II industrial products
Chicago 4 Northwestern for year shows
aoG per cent earned on common and pre-
ferred stock.
New York Financial Bureau says: The
war promises to be sharp and short
| Italys haste IS Denounced by European
powers The Hartman strike may also
Introduce unpleasant features over sun
! day.
business failures in the United States for
the week ending sept -. acrorhtng 10
RrndStrnets were 24s. against 90 last
week 311 in III. like week II 1910, 1915 in
1870. 2.3 In 1905, and III in 1907
: Ruying from tobher- and wholesale deal
ers continues relatively steady. and this
ne"teh comparative improvement has been
maintained. The larger "ent"rs Indicate
number Of Iir-~ and TIA, demand FOR sta;;
pie dry goods, groceries. clothing and
boots and shoes il gradually extending:
Buying Of cotton IDS has been helped
l,r som
ht.itr'e to order freely hnrau>r OF re'es-
sions in raw cotton. The te,''l-ary If which
fosters tie belief that quotations may go
IN. -r-',, thus inltr~tcd obviously sMs
Sest. TIT tuE'" IS Lac" nn"' ,.,,"n'' n.y.
crnpanie,l as it IS for calls by prompt
are Are m"vins more or, freely RELY which facts tend
t" help trade on the one hand and c"ilec-
in general still prefer to visit the mar
kets frequently and t" buy as their re-
1t sy to at H'na a. f fs 1fan
which depriycs the situation Of uniformity
an! invests !, with irregnlartty is found
'Imsss; in rsR.1,s Of aiminishs! , ,d railway
existing strikes and talk Of strikes on the
part Of railway sh"pmen and building
have improved little.
II. G. Dun & Co.'S weekly report Of trade
s;ty": Thee is nothing In the indNstri.l
aud mercantile situation to correspond with
: the "omn"tion recently prevailing In the
financial markets in this and other coun-
tries. While the pr"mrti"n Of large enter
! priS"> Is checked. and conservatism IS the
rule in all branches Of trade aud industry
SUPPLIES In nearly every line are :" narrow
and Immediate requirements Of con-
stantly increasing number Of consumers are
SO large, that the volume Of business IS
very. extensive: Moreover: with good
pnt "a ASf tod
there appears in most sections II noticea bic.
mercantile and credit conditions are sound.
The comparatively strong resistance of
tn" stock market in the face OF unfavor
able occurrences did much toward en-.
couraging those committed to the side OF
advancing prices. but it is not Improbable
that should con,litoins abroad continue
aggravating. that London and continental
easier tone in our market The strike
situation appears gradually approaching
Il crisis and may also serve to contribute
toward an easier feeling. but indi-
to advise against following the selling side
too closely. particularly the drives
Standard issues have reached level
which should appeal greatly to investors,
tors in the situation appear to have
been largely discounted by the past action
of prices.
is planning all issue Of short-tprm notes,
the amount Of which will not exceed s. 900
The money is desired to take up certain
maturing obligations.
The Bank Of Netherlands has creased
its discount rate from to per cent The
3 per cent rate has been in effect since
Sept. -.