Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1911-05-17
RAPID IMPROVEMENT
PREDICTED IN STOCKS
The Uncertainty of Trust Decisions
over aud Cuisines Interests t'tapt
Themselves Wcadtiy 49, Cour, H"ld-


Sew YORK MAY Henry cA"ws
ahys Sow that tn tfast decisions
ar, out of the way. the outlook can
hHrdk d. viewed IA other than "A faost
favorable light II ~ true that the
current tariff legislation has not yet
assumed "a definite trend. hut II VII
siinpi, bc repeating precedent to saA
tuat Whenever sucn a t:ond becomes
nvstln bl,--and it must "a the very
near futuf, IL ulll not take Tie
stprk market Iona 60 fuily discount
tho Improvement lea general business
mat Win nrc,s~ariiy cnsuc l.rrcutlS
Wo have hccn going through pro-
traci-G period ot business and INDUS
trial recession which means that con
,imcts have been clearing up Nir-
plus stocks of MERCHANDISE 10 al IN"
various channels of manuiartuiinH
nnd distribution that from the mill
down thruurh The various handlers
.nd ..iih the retailer When the iin-
prn.cmrni which mus, eventually
come does begin il must assume "a
spectacular impetus, az the more ac-
uy, because 90 the accumulated de-
mand
rhis country o. not one 10 stand
continued depression. lts natural re
sources have as vet only been scratch
80. It's farms and Us mines produce
each Year volume of new wealth
that cannot iail 10 prove invinoible IN
the dlrrution of encouraging "nthus-
msm. energy and progress. And Tits
nos wealth constitutes Ia" fountain
head nf "a natural cycle og develop
m,nt that applies GO All branches OF
finance. trade aud industry, popr"s-
sion under such circumstances Is
lnrpcit matter oi temporary senti-
mont la dull times people prepare
tor curtaiimeni ana ar" nor inclined
10 any way risk their PRINCIPAL. which
ls their share of the capital mat ~
su ncc.ssary Tor the normal develop
ment of our great country iiui ns
soon as business and industry begin
TO expand. confidence quickly follows
u tn. wake, and IL does not take
long tor the savings of the people To
sock employment Ia the security mar
ksi. ana Thus provide the capital
Which our railroads need tor their
proper upke.p improvements and 'N-
tensions The railroads In their turn
ara bv far IA. LARGEST customers of
the iron and steel Industry When
that industry in sequence becomes ao-
tive and profitable the natural order
oi events b. for these favorable de-
Vclopmonis To spread AUTOMATICALLY 10
al the other branches of the financial
and Industrial family, The financial
uph,nval 80 1907 started more csp.-
ciitliy as ihr result of the ina hility Of
"a. railroads Ia obtain the necessary
new capital 10 finance the gigantic
improvements that under the atimu-
lus az che nnprcc"dontedsp of In
dusirial and mercantile activity was
then In progress, 10 lesser degree
the current recession IN business must
also bc attributed To Ia. indisposition
~ our railroad managers To- go into
don't To purchase supplies ~ sufficient
'aifsniilics to keen our iron and steel
mills fully employed, The Increased
cost of operation. especially of labor,
mhd" II necessary Tor the railroads To
adv ocate and depend upOn higher
rates for transporting merchandise,
ANA their failure To- obtain such In
creased revenue came ms a blanket
upon investment sentiment How
over there Is already strong evidence
oI reaction IN whit H. popularity