New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-10-31
BRIEF NOTES OF FINANCE
p.rauraphs Of Current Interest
for the Investor.

ming 10 stump speakers ana the
ll'-.. boosters of their respective can
DIS for election these days is ike
oioa', Gins" from interested boosters
ge'"" e,.,n stocks in the market. Both
OF ~, and stocks must depend on the
p Int 10 secure an impressive following
pu pa support. There are plenty OF cats
H s dces" in politics as well as among
Nns .,,s hut there are only a few leaders
= Livestock in Argentina.
rs,rs has been much talk Of the great
i'..,co Argentina will be to the United
$3.50 ,n the matter of meats. A report
.s.ot,tsd by the government of Chaout,
sa,,tbern Argentina, states that there are
,, Cbabut about 100000 sheep. $780,
y. ~" .,od NJ cattle and 100000 horses, etc;
,oos there we're only $1,000 sheep, $4,000
no,tl. and 1900 horses. In one district
oIor. Camarones, there are 100000 sheep,
I'd from one estancia last year 10000
rros Ckilo=22 pounds of wool were OBJ
lined from 10000 sheep, while another
~h,cb has some 10000 head Of cattle, sent
=, ,b. various markets in the republic 1000
s,.ers In good condition. The Germans
oIso are worrying about the high cost OF
meats. At Frankfort meetings have been
hold and recently resolutions were adopt
Al advocating the Importation of livestock
o,d meat from abroad, especially Of re-
fr,rerated meat from Argentina.
The Crop Of Wealth.
Inst stop to consider what it means TO
The United States to enjoy such year
~ crop prosperity The 1912 harvest will
Srirg 70 rs practically 5000, OOO,O 900 of new
wealth. This vast sum will be per
cent on the total estimated wealth of the
United States and will add about $40 per
capita 90 every man, woman and child in
this country. with business conducted
along legitimate lines this increase In
resources will mean a development OF
commercial and Industrial activity which
will reflect improvement throughout the
land, irrespective OF politics, religion or
foreign wars.
Panama Hat lmportations.
rb, Panama hat industry. which centres
in the districts surrounding Medellin ana
Bucaramanga, Colombia, made wonder
ful growth during the last two years, and
the declared exports to the United States
showed an increased valuation Of SSE5So
over those Of 1910, the total declared
value for the year being $S9S,SlS. AS a very
small quantity Of these hats is sent to
Europe about IA per cent?, it becomes
evident that the great market for this
line OF goods is IN the United States. AS
a rule only the inferior grades OF Panama
hats are shipped TO outside countries, the
higher grade hats being kept for the local
trade.
The Coal Trade.
In its weekly review Of the coal TRACE
'Tbe Coal Trade Journal" says the an
,bracite market shares with the soft coal
business the growing stringency which
the advancing season naturally develops
IN the coal trade and which this year Is
more acute than usual Yet under the
favoring influence of mild weather there
has been naught I'm the way of the sensa-
tonal developments that might and PROB
ably would have developed under otner
orders continue greatly In
excess Of mine capacity, high prices pre-
vail on much Of the coal that reaches the
dealer and as result the retail price mas
been increased in many cities and towns
Yet Il is worthy of comment that no ad-
is taken Of the apparent oppor-
tunlty TO charge the consumer an excess
sive price On all hands is the desire eN-
pressed TO look after our trade ana III
many places the prevailing prices yield
less net return than did the lower prices
Of the summer season.