New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-22

.,lv cotton blankets. is becoming more
fsable as the season advances. Mer-
ants Who ucr!,ct TO cover all 81 the
,-renents in these lines VIII End diff-
q in o6tainins merchandise when they
s3hla,er
Everything Is Favorable.
= heir review Of the week Wagner,
,sSla.on & CO. say:
Within few days the corn crop will be
q from frost damage ana our remark
n cereal outturn for the year complete
hssa from adverse contingencies. Cot
VII not DC in the same position until
amber :. but present indications en-
zse belle, taJt final results Will be
ssctory As shown by the August
,s.nsnt, our foreign commerce Is now
rsord proportions. and with the crop
srrzses in England and France there
,ason 10 anticipate heavy grain ship
,zis this fall. which will swell the az
rate tonnage 10 foreign ports. Dc
.1y n agricultural production abroad
H. b very we'll with the numerous other
zz,r. factors pointing 70 a boom in the
it'd States; and ver, II not for po-
ts considerations We do not doubt that
Is period OF business expansion, FOR
a:s solid basis has been laid
ssgh liquidation and adjustment for
y years past. would develop 80 rapidly
% astonish those who have not yet
lrsi the significance Of the move
in
Ihe stock market has encountered no
lza due o monetary requirements.
slhng interests have been preparing
;, the call for funds and the engage
~ OF gold for import, with prospect for
atonal shipments. together with the
zilsation that the Treasury has some
s@toD available for deposit in Western
HE. have been rcsssIring elements in
b situation. Money can be had al fair
11s and houses Carrying stocks for the
ig9 operators appear 20 be we'll sup
I'D With time funds. The bulk OF the
-sdng supply OF stocks is sti!l ooncen-
4isi IN strong hands. and something like
e Old time millionaire speculation" has
sTslOped in prominent issues, with vari-
new prices for the year"
The Money Situation.
Commenting Tor the week on the gen
a market, Hayden. stone & Co. In
a. have the following:
Tbs small amount OF gold imports an
.nesd this week was the hrst IN over
- years. and while IT docs not prcsase
immediate beginning Of an important
70 Import movement it does indicate
q further imports can probably re
iasa II necessary. There has also ap-
Szisd The probability Of the fedora!
sasugy making tank deposits II II Is
p1ele that such deposits VIII be needed.
9oss not appear tina, such deposits
D. necessary FOR the present az least
nt fact that this additional resource
= b available is a favorable influence
= Should IN itself help the money mar
II the same time the possibility or
n an operation b. the Treasury brings
az 10 mind the isolation and entire
sfce OF cooperation between the
SO n general and so important
isy factor as tho government. In this
q Of unifcatgn the federal Treasury,
PERIOD Of business activity such az
nave now. Increases its accumulation
''aFfency just a. the time when = is
~ needcd.
me favorable development IN the
~ market is tha, although rates are
eechhine, and probably will not de-
soon yet We are getting 70 a time
~ The extent Of the demand for credits
y better gaugcd and plans made
T''mgly, ~ 20 far as snch plans can
eaae under our present monetary sys-
AZ Improvement IN sent.ment Is
~ 'hf week I'm this connection. and II
NUhAing 20 be realized that es result
% Preparations and conservation al
-. ~ made there will be sufficient credit
a4ole 10 satisfy legitimate demands
~'N incurring excessive rates for it.
Stability Of tho Market.
Weir weekly letter Posner & CO. say
- NE stability Of the market has been
demonstrated during this week. The
Ii az OF Inactivity and the outbursts OF
's'iasm-examples Of both OF which
SHOWN IN the rnafket--wlll possibly
epeated from time 10 time before the
49, started in earnest; but the nat
~, uend wiz always be on scale OF
kmsnt You cannot expect any re-
=, 4u'h IN money rates within the next
M uays. Therefore. for that period
n0l'able speculative operations must
4. '''lel On with the purpose OF buying
h, ~e'ive stocks In sharp downward
,.s. LOT the reilly that will assuredly