The Hartford republican. (Hartford, Ky.) 18??-1926, 1912-01-05
OUTLOOK IS
Cheering
For New Years Business
Of 1912.
Presume and Forecast are
Given by Bradstreet's
Agency.
(Bradstnedt,s)


(Brahstnedts)
Ninstsen hundred and Hlsven was a
psr,iod Of striking irrsgularity In
trAds and industry, but Despite evil
dr. Il widespread cam1aon and
ur1nsnnHDu, = fair. in SOME lines a rcc-
al boGlmS was done. This. 1t Is
dn|n1oaa,mas generally at chs exp nsc
OF OonElts, which latter. ra.h r Than
\the aoDpgass rolunss Of business,
tnmo n COR widespread complaint. I.
was year for generally high eSm-
modify prices. broken, howsNer. by
some rsmarkabla eNtrsmes pf move
ment in staples. causing earsciaA
strain alike upon manufacturing indus
try and consumption, and even:uaing
in a hers nsd volume of business and
much idle machinery. 1t was. fuuhrsr-
more, a ysar of dscidI,d umasstl sment,
of intense agitation in some flnan-
cial as well as industrial hines, which
for the frs. time experienced tho
aplicadou of hitherto untried methods
Of legal regulation. T'hese, at first
Viewed with d.c.dad alarm, tater lost
mos. OF th,sir terrOrs, and with the
passing of the ysar toward lis close
sonDswhat saner views of pohtico1ec
omic questions led to pencaptibla
Improvement in general Sentiment
For the purpos:s of trade ravtsw
indssed the year should be Divided in
TO two parts, with the frs. eight
monhs generally priod OF dis.urb-
xncs ~ short thine hi industry, Of
wdthdrawnls from savings HANKS, OF
tariff revision and unksnlng, ct crop
scanas, of CLOSELY coDsidsred hnnd-to-
mouth buying and of slow coAlscl.ons,
whjle tine last four MON his WIS n Pc
Rod Of some relaxation Of caution.
Of erowdth Of more cohesrful fas,!ng
and OF disposition to look en- uhs
brighter side Of things.
There wsre many drawbacks in
trads and industry aside from rsal
or financial OBSTACLES finding thair
origin in INV applications Of old
laws. The waafMer was not of the
hsst. A Wet. cold spring rssaddtad re-
tail TRADE, and widespread drought
llnd excessively hot Mea1har from
May to July damaged crops sevar,ly,
|careaAs and foods for man and boass
laIik,s suEering, this rssul.ing in small
N yields Of and higher prices for all
Lrops but cotton. which because Of
low pnioas at time Of HARVEST move
ment, showed a nat return emalLsr
than has bsen realized from some carly
ccrops far Lighter in yisAd. A wet
harvest DIN the north seriously lower-
ed grades.
In 1911 Wall street acted very
much the part OF waalther Sana, ex-
treme pessismism being visible ut
times, whiLe at other periods dispo-
sikion to view things In a conscava-
lively Optimistic light developed. With
TRUST prosecutions hanging Fire. the
tendency was apparently to fsar phe
wworzs, while THE actual judicial de-
clslons seemed TO bring an almost un-
due feeding of chasrfM belief. The
pressure was not entirely confined 10
the stock market, gloomy views then
reflected spreading gradually to 9TH
er lines and sections of country, but
not affecting the South until low cot
ton pnicss made hsir appearance. Spec
uLa1ion. whrthsr In stock of commo-
dlties, was clssely redistricted through
out q large part of the past ysar.
but despite thisand as illustna' ion Vi
the fact that capital was not cnftre-
" prosmnitsd. nav stock fld.ardons
.wsns of large volume. bonds sold
bsstar than In 1910. short-tims Dbliga-
lions were actively brought. and this
cloue of the ear finds most s1ocks
highg in price than ut tine .,anlng.
WiGhad, money Was a Reelection part
~ no doubt. OF quiet In gontsral irada
xnd speculation. Some idle capital. In
0sed, sought more profitable employ
tlant abroad. whare by the way. tho
/ourns OF International affairs did not
an With entine smoo1hm5ss.
III LOOKING FORWARD.
One OF the most notabsl features
An many liuss OF trade and industry
as he vaar draws 10 a closs Is the