New-York tribune., 1913-06-28
RIFF NOTES OF FINANCE
,,,,oraphs Of Current Interest
''''' for the Investor.

ike these. When money - menu
n umeS loans. except those that may
lshiE az. any time are not freely Of
K caleD somewhat refreshing TO hnd
.gs5' = n an anonymous communica-
us s,ic5 II. states that a lawyer on upper
10 We, Venue represents foreign capital
fl'a A,tt .,eot of 100000 TO be invested
he eA,', ,''ns on industrial stocks Ordi-
tine '-,,.,,ous communications are
l,y ,bs waste basket with hardly
1r'an 1.s .' but this particular information
sa.', with it the unusual. fossioll IL
11's NAT the phrase upper Firth
>iy " .rrtles il 10 distinction. Surely
rsa'' ,,ust be modest indeed, If he
re aN! y, y ooo IN loan that he does not let
- ting thousands who want money
1s FS-,il F.,,rial purposes and who can fur
!' - security know his whereabouts.
80 So when money is in such de
.l-,.5 and rates are equally as
n'a' a, NOT higher than, I'm this coun-
,s' ~ty = IS not this fund Of 100000
q. +, foreign institutions? II may he
,1,- ,i+.,oDs, sellers dream; at least, 1t is
tLOpN-t
nystsry'
a Very Dry Period.
.,tlv weather returns show that
j" ~. only sixteen stations out of
pa. ISIS west Of the Mississippi which
s''-1 ~ nsr cent Of their normal pre-
ave y, pronounced dry spots, with
1'"A~, .Aor wet ones. mark the terri
Nv a,orq the Pacific Coast, the Rocky
...,.in ,.! country. the Missouri Valley
aj-' !, ,ss upper Mississippi! Valley. Hanni-
az ~. mas s per cent OF normal rain
=. L,.,sss CITY. 6s. Moorehead. Mimi.
o., ,..-.orck y. D.. 50. Spokane. S.; Salt
s. So - civ S.. around Lander. Wyo.,
"a, - &c an important cattle grazing dis
the records show =; Denver. 7S;
~. - Col. g.. ana Ph1niX. Ariz.. 81 per
-. The lower half of California has
80. -. obHped 10 ship cattle northward 10
.-...,n nastures in Washington and
-, -, 70 save their herds. The country
,,s5s rain, and needs It badly.
Political Power Increasing
-. currency bin appears 10 be more
..,.ss OF less political as suosututions
-. made IN the wording. According 10
:. terms as they now read. the fedora!
-. hoard has absolute autocratic
.,v.- and the Individual banks Of the
..-,,-v will have about as much 70 say
.,,,,5ing the policy 20 be pursued rela-
-. 10 the affairs in the several districts
!. ,bs small boy who lived away from
-. had about the family dog. In Sec
=, II Of the origina, bin 10 was pro-
,sss that the President for reasons could
I've onlv the governor Of the federal
....-v4 hoard. but In the bill in its modi-
~ form the President is given the power
=, ,.n,ove any OF the four members Of
4. hoard. This authority might be very
rss,ul or Il might be very harmful.
Fear Sugar Reduction Tariff.
The Porto Ricans are much disturbed
~sr the proposed reduction in the sugar
,Hn. as are also the sugar interests Of
~ Hawaiian Islands. The fact that
President Wilson failed 70 give a hear
NJ 70 the Hawaiian representatives Wnc
ti-s 10 deliver an authorized statement
vgara!nr the subject has discouraged the
-tab.tants Of both the Hawaiian Islands
I'd the Porto Ricans in their efforts u
-suence the administration toward
&, vigorous course The Porto Ricans
aain that their institutions will be de-
rToyed and that 7s.o.d families OF labor
"a representing 1900 men. women and
1lsren. Wi, be thrown into poverty and
rsry. Since 1872 Porto Rico has devel-
~ very rapidly. and the assessed value
. The real property of the island has in
rsassd from te5 ig175s 20 N79. n. %. while
~ revenues have increased from Sl.lso-
Go B6024 IN 1872 u Is claimed that
1sR increases have been due largely 20
ne tariff which has fostered the sugar
1ilsry In leo Porto Rico produced
- than s20CJ tons OF sugar. valued at
EM0o. while IN 1912 the sugar produc-
Ia vas oyer g7g 0GI TINS valued Al S3i