New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-12
gR|Ef NOTES OF FINANCE
paragraphs Of Current Interest
for the Investor.

ling periods of depression the differ
pA,'" asss O; securities in which there is
q Dpblic participation are put through
Gs' - familiarity and the investing pub
hs' inmates 10 the detriment of some
0-nts and 10 the benefit Of others.
' ,ha long depression that has been
Yl .s,Ipg against the stock market in a
t'o 0ay "car trusts" and public utili-
Fin been in favor. The reason for
- .o,d for car trusts" Is that they
~ s '.msd for short periods, are paid off
~ and are protected by liens on the
E'-,ert purchased with the proceeds of
e-y GUS In the case Of public utilities.
hove displayed relative firmness,
np aid liberal dividends and. in the
=" ~ Gas and electricity. supply an
.sov want which the public must
"'' ,se use Of which increases with the
~ use of population. In years gone by
60. - securities were purchased be-
=, element Of restfulness was felt
=, fact that there was no need to re-
them. and the trouble OF reinvest-
p' wss eliminated. The increased cost
a', ",.rg however. demanding a greater
to mower for the dollar, has changed
.,,,,snt in this respect and conditions
.I,y have driven the investors INTO
~ sslds not recognized a decade ago.
Drank Less Mineral Water.
-. mineral water business of the
r'.., states has been very prosperous
hut IN the year 1912 the reports show
's,s, decrease in the value and guam
- ot mineral waters sold. although
~. was a reported increase in the num-
:. =, springs. The total sales for 1912
united TO s22S,2Ol gallons, valued at
srss-I. IN 1911 these sales were 63.ISS'5o2
..Io,s valued at s6,s37SSS. The decrease
"a, was 1,5O7,35l gallons, or 2.S6 per
=, and the decline in value amounted
!, r,arly a quarter Of million dollars
M IN. or 8.25 per cent. Thus there was
~ opIy q smaller quantity Of water sold'
-, ,b,rs was also a slight decline in the
.S.-sas price from about II cents a gallon
,rI 10 lOs cents in 1912. The number OF
',.Inrs reporting in 1912 was 746, com
"a with 1872 in 1911, an increase Of IA.
~. ,hA population of tho United States
, ~. and this makes the decline
rovs notable
Business Affairs in Mexico.
Commercially the United States and
v,,I,o have close relations. and despite
:, troubles existing in the Southern re-
'.,,. airing the last three years our I'M
go, ware greater during the last fiscal
T,r than ever before and our exports
!, y,xico we're larger than the pre-
rovs YEAR American manufacturers are
,r facing a problem regarding the
...a,,s they will extend TO Mexican Gus
,,-sr, and the extent of postponements
! The payments OF accounts Inc cmei
roubss are in the northern states IN
v,r,eo. and the Gulf and southern states
,,,.,, An III. Isthmus of Tehuantepec'
=. f,.s from business disturbances. The
h,ncsl centre Of that country Is Mexico
CIV. which is in serious condlI'oh,
Prices have risen rapidly and the go!u
,..ources of the republic do not permit
M government to maintain the Mexican
,,o a, its former exchange value Inc
government needs financial assistance
Nd needs It badly. in order 10 protect tne
s,spess interests and put down the rebel
.oss spirit and establish a paoiheatioh
throughout the country.