New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-07-17
BRIEF NOTES OF FINANCE
paragraphs of Current Interest
for the Investor.

., ,s interesting to note the different
,aken Of the present situation by
neNs ,l,ers of the United States. Ordi-
m q is assumed that bankers are
la'HL .ists and study the questions Of the
''0H' a.oc,ing trade. industry and finance
boz. discriminating minds and with a
WI" - ANALYSIS emitting them TO great
Ps,aeration whenever they give utter
eoi' .beir views on economic subjects.
ar belief. however, is not warranted
s'' consensus Of information gathered
,he different sections Of the country
H'D' ,,o rule Of human development that
sew men achieve greatness and dis
o. ZION in their respective caliings' ana
'D1yaaratiyely there are only a few bank
'O Tho are real economists and who have
81 30, insight necessary to arrive at a
'h' outstanding of national conditions
rsouiremcnts. Narrow vision pre-
'"' sor,e bankers from taking world
Wow Of affairs. and II Is due TO TINS
,hat public utterances of these Gus
'@, a.ns NJ the country's finances reflect
.'z'.or, views. which they insist on IN
.,-- into every measure of public relief
.os,e6 for Congressional action. Were
S.onosed administrative currency bill
.,,.,sd Of a few Of the illogical structures
..,s3 IN its provisions at the sueges-
-. - ~ misguided bankers 10 turther pO,
ugn u ajyns the United States would
lIio e.,oSs soon have on its statutes the
ooue.' n,(oSn,nrehensive banking and currency
mos' Snoun 10 civilization. In the IAN
sN ~ pope. "A little learning is dan
sgrous thins
Bright Spots of Trade.
-, during sombre DAYS bright spots
= sssn ana reports indicate that busl-
=. stiu continues 10 be carried on AT
,.;rly encouraging rate. Notwithstanding
o. unfavorable returns from certain
...,;.rs For instance, the reports OF
.,s,rs taken by the United States steer
c.-,oration during the last ten days sho"
- rood tonnages. Twenty THOUSAND
-, of rails for Brazil have been con-
,.s,,sd for by the export company and
,b.,e has been an improvement IN the
.,,,.,ural steed market on the western
80 ~ the Pennsylvania 5000 tons OF
.,,drs material have been taken from the
,nsriesn Bridge Company. and the Cen
,ral Railroad Of New Jersey has placed
ordsrs for a good tonnage al Red Bank
T,. new Altman store. in New York, mas
slaced An order for 5000 tons OF stIUStuI al
10 and the May Department stores
~ .-5ered 0 600 tons for a new store IN
-SsveIsnd other orders Of lesser tonnage
I've been placed. and the OUTLOOK, odseu
N information. is better than for several
previous weeks
Growing Steadily Better.
Every day in the newspapers Of the
country interviews appear with men Of
,Hairs on the outlook. Everybody is in
crested in trying to ask the question OF
What the future has in store for the bust
less interests Of the country. Men ike
lanes j. Hill and other national figures
seem fun Of confidence and assure US that
ahile caution is essential we have nothing
much 70 fear, and that there are no
signs Of a panic. In q broad sense IT is
rot difficult 10 be optimistic regarding the
future as during these days Of restriction
and the necessary curtailment that Is
going on, with the accompanying strain
put on money throughout the world, a
corrective agency has been put into execu-
ton, oyer-eXpansion has been checked and
readjustment will take place without
causing serious harm. AT the same time
underlying conditions are being strength
ened and throughout the world the foun-
dation S being constructed which will
afford a basis Of great activity 10 take
place after the passing OF war and poll
ties. which now are menacing trade and
industry and disturbing the money mar
kets.
Safisfacfnru Half Year