Evening star. [volume] (Washington, D.C.) 1854-1972, 1912-06-23
NJ oney to Loan.
Secured By First Deed Of Trust ON Real EstatA
Prevailing interest and commissiou.
Joseph /. Weller. Coz F St. NV.

| habit OF buying everything that II made
| or grown on more liberal scale. The
number OF idle men is now small. There
! to work. not 5000 or $1O,O 900 Jobs in all
cases. but something to do for willing
hands
A development in the financial stu
| alton worthy OF note Is the increasing
| number OF industrial and mercantile cor
porations coming upon the market in the
guise Of new notations. Many OF these
represent the business enterprises OF
firms and individuals with whom the
vious acquaintance. They are being in
dorsed and backed In many cases by rep
utable banking houses. which have gone
into the promotion business on a scale
that Is startling. The variety and ex-
tent OF these promotions and the eager
ness with which financial people of sup
posedly good standing are urging their
sale suggests unusual profits for the
In many cases these new companies are
grossly overcapitalized. the element OF
good will. patents and all that sort or
intangible value being put in at huge
percentages of the capitalization. A tre-
mendous effort is being made to enlist
the public In the specuiations, and evil
IDENTIFY with success. for the advertising
pages or many newspapers are filed with
aluring invitations to get aboard. The
water is represented to be very fine, and
there surely is enough water I'm a ma
jority OF the new companies to swim in
or drown In. 1t would be just as well for
investors who have not time or facilities
for making intelligent inquiry as to the
! status of these enterprises to resist
temptations to participate. Keep your
| money. Wildcat industrials and wild
cat merchandising schemes are just as
dangerous as rainbow gold mines and
| phantom banana plantations. The mere
| fact that bank indorses them should
| carry no weight. Bankers who engage
| in that questionable field Of adventure
are taking upon them a responsibility
and risk which makes their counsel I'm
| worthy Of confidence.
Imitators Of Big Concerns.
The astounding success of two or three
mail order houses is probably the in
centive to activity in the field referred
|, to- Among the fotations which have
already taken place and which are being
projected are several imitators OF the
big concerns. 1t Is a curious fact that
most OF them are exploiting as their
chief asset the strong probability OF the
adoption OF a parcels post service. Under
this projected beneficent order OF things
every mall carrier in the United States
will become a delivery wagon and will
lug around the landscape everything and
threshing machine The Post ONCE
Department will thus acquire added luster
and dignity. In addition to becoming more
useful The hundreds OF thousands OF
small country stores should welcome this
innovation. II will give them less to do.
Their big city competitors will do II all.
They can go back to the farm. saw wood
or raise chickens We need more chick
ems
The best Of Information from the farms
is that crops OF every description are at
least normal. and that the outlook is
for splendid grand total of results. This
Is one of the factors that has contributed
to the underlying confidence of big peo-
pie In the stock market outcome.
Money market conditions are regarded
as satisfactory. There is plenty OF cap
itai for legitimate purposes-even too
much, In fact. else there would not be
such surplus finding its way into wild
cat promotions.