Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1912-04-24
BUSINESS EXCELLENT
FOR COMPA|GN YEAR


AM unexpected feature of the presi-
Dental politics now In progress
throughout the country is the fact
that 80 far business has given 10 this
agitation only the interest Of an OBJ
server. not much more than a pass
ms interest OF course. the recent
demonstration that Col Roosevelt
maintains no small part OF the per-
sonal influence he possessed when
president is a subject much discussed
IN counting houses and AZ the clubs
where business men meet In the even
In There Is also much conjecture
ms 20 the way IN which Democratic
presidential politics win be shaped be-
fore the meeting OF the delegates al
the national convention a. Baltimore
\ few years ago such a demonstra.
ton as was recently made at the pri.
maries In Illinois aud ON Saturday
last IN Pennsylyania would undoubt-
eddy have affected the securities mar
bet II might have caused either a
considerable appreciation or CON
siderable depreciation OF prices. blt
thp effect would be- shown one waF
or the other IN market quotations u
may be- that later the marke. HaF
show that q has bcou affected hy
presidential politics, bui up 20 this
time these political activities have
becn scarcely echoed in the securities
market.
Apparently presidential politics
has had no effect upon general bls-
iness. The reorts that come t1 New
York from all parts of the country
continue 10 b. encouraging or et-
port trade Is not impaired Tho Unit
I'd States Steel corporation reports
exports 81 hundred thousand tons
al steel IN the month Of March. The
United States continues 10 be regard
ed ne the best money market In the
world al the present time Railway
companies all over the country are
preparing for considerable financing,
expecting 10 use tho funds thus Oh.
tained In enlarroments. improve
monts and the bnttorlng Of terminal
facilities At present all the indica-
tions point so somewhat exciting
presidential campaign DISTINGUISHED
~ some pecularities and ecocutrici-
ties and yet carried on side by sd"
with constant although possibly
gradual Increase Zoo business activi-
ties
IN this city this situation is ok
planned by the statement that the peo-
pie OF tho United states are conf
dent that whatever the developments
IN national politics NAV be- General
business Is not 10 bo affected uufar
orably
From the south there continue 10
come authentic reports Of very large
investments IN undertakings which
have for their object the develop.
mcut OF the resources OF the south
Hundreds Of millions of both English
and American capital are soon 10 DE
Invested in the development of water
power ln the south Boo s1Ch manner
as 10 convert this power into electric
Sner-y
The English Investments
For some DAYS several men Of fin-
anCial influence In Great Britain
have been visiting their business
friends IN this city and have talked
With much freedom 10 them Of tho
peculiar conditions which prevail now
IN great Britain with respect % the
investment OF British capital
ono Of the subjects these men have
discussed Is the amazing orip.lr.n'
Of English capital into Canada N
che present time Canada and ,,po'-
ally rr.ush North America seems 10
Doc u, ilyoritc investment fio'l flr
English capital and almost any prop
ositi0n brought 20 London from Can
ada hy men Of reputable bushes.
standi's is sure 90 receive favorable
attention Vet some of me LEADING
bankers of Great Britain ar" wonder
ue whether EueIish capital is not
over forcing or stimulating Canadian
DEVELOPMENTS These men are be-
s.u.n 200 sneak iH words of caution
0hort further hrao Investments Zoo
na. Th. caution appears 20 pass
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