New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-11-10
BRIEF. NOTES Of FINANCE
Paragraphs of Current Interest
for the Investor.

TOT lIl6 lnVGSlUT.
The business opportunities of Mexico
are numerous. or will be when Mexico set
Ties once more into peaceful, law abid-
,rg country The range of articles which
.ra open to sale on a profitable scale OF
,,,ces includes a great variety, from sticky
SO napor to moving picture films. In ad-
acton TO manufacturing and trading OPP
s,ortunities consular reports say that
.,ong the bank OF Lake Tamiahua an
AMERICAN settlement, called Pineapple
CITY. is the centre Of the pineapple dis
tr,ct The principal varieties grown are
cobo Rojos and Red Spanish.
The cost Of clearing virgin land and pre-
,sr,ng II for pineapples is about go gold
an acre. Cabo Rojos plants can be pur-
,based for about s. thousand. making a
,otsI cost OF $5 gold an acre planted. Red
SPANISH plants are scarce, and cost about
es a thousand, making the total cost an
scre about S45.
Pineapples begin bearing in eighteen
months, and with proper care will be In
full bearing in two years. Each plant will
nroduce at least one pineapple year.
n nsr cent marketable fruit being a low
,stin,ate-an average OF $3.50 pineapples a
wear. The average price of Cabo Rojo
n,nespples is two cents gold delivered at
che plantations. returning SIS gold an
cor. The total cost Of cultivation and
harvesting does not exceed $40 gold an
acre. While the profits on pines" are
moi as high as on some other products,
they are a sure crop, and a ready mar
ket is always assured. Well located
lands suitable for pineapples can be had
IN 1.Ooo-acre tracts at about $40 gold an
acre, and in small tracts at about so
gold an acre.
A Favorable View.
In their weekly summary OF conditions
and the outlook, Wagner, Dickerson & Co.
say:
events of the week have included add
,,onsl victories by the Balkan States in
their contest with Turkey. and various
statements as regards division of the
fruits Of conquest. No very important
change is visible in the money market,
hut present moderate tension should be
reduced within thirty days, although the
industries are operating at such high
pressure that funds are we'll employed.
The decisive outcome of the Presidential
election has disposed Of such apprehen-
sion as was felt regarding possible
domination Of affairs by new and UNI
tried party, and with reference to the con-
fingency that the election might go 70
the House OF Representatives for want
OF a majority Of the electors. Only slight
attention was aroused by the failure of
American Tobacco. American Smelling
and American Cotton OIL to meet expecta-
tons Of increased disbursements to share
holders II is evident that a substantial
bear account had been formed as a result
Of recent adverse happenings, and that
investment funds held back because OF
the political position here and abroad are
beginning to be released. 1t Is hardly
probable that with the fundamental ele-
ments Of trade and commerce so con-
ducive TO buoyancy the market Will fall
TO have periods Of rapid advances on
growing volumes of business, as Is Gus
tomsry. and purchases of the leading ac-
tive issues on any fair price recesslons
should place the investor in position TO
secure substantial profits during coming
sessions"
Western Outlook Good.
Mr.. S. W. Strauss, president of s. w.
Strauss & Co., bankers, of New York and
Chicago, has Just arrived from the West.
He is satisfied that this country Is on the
road 10 a period OF great prosperity. He
and come into contact with all branches
Of mercantile and industrial business.
have made a careful study of conditions,
have talked with other bankers and bust
ness men OF Chicago, and l am convinced
that the future is bright
Anthracite Coal Shipments.
Shipments Of anthracite coal for octo-
Der amounted to 6,665,S2l tons. This is the
record tonnage for one month, Overtop-
ping the previous record OF last March
by s6eS4 tons. The increase over October
Of 1911 is SeS.l42 tons.
The Philadelphia & Reading Railway
carried the largest tonnage In october d.
iAeZ3). the Lehigh Valley was second
l,17.2sD and the Lackawanna was third
(T0,l3O. The tonnages of the other roads
we're az follows: c. r. r. Of N. j., 9sS.rs7;
E3N o,tOkt ~. q H. OooS 81 80 ~
MOsl; n. Y, o. & W. 211,4S
Shipments for the ten months ended
October 81 amounted 10 81 ,50o.5+o tons, as
compared with 57.s45,55S tons in the cor
responding period Of last year, decrease
Of slB,dS tons. This shows that con-
siderable part OF the loss in tonnage
caused by the suspension Of last Arril
ano May has been recovered through the
tulltinle operation Of the mines and the
consequent heavy production since work
was resumed
Business Not To Be Checked.
The business situation appears to Pos
ner & Co. to be we'll under control. as the
following extract from their weekly letter
indicates:
From the various comments by the
money kings and business men upon the
outcome. II may be taken for granted that
thsy feel perfectly sure and confident that
business will not be even checked. II
must be admitted that the industry and
commerce OF the country are upon a very
sound basis and cannot easily be dis
turbed. The most marked feature during
ths whole campaign was the continued
Improvement that was going on all the
nme. International bankers are OF the
opinion that foreign liquidation is through.
and the two remaining factors now 70 be
feekoned with are the monetary situation
ana the European war"
Tka n.L,, n..In