The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1916-07-07
Business and Finances
BY W. S. Cousins. Editor The American Banker

New ork, July l.-Those who have
looked Tor calamity or chaos in the
financial markets because of the
many war clouds and the unfavor-
able developments along the Mexican
border VIII probably be greatly mis-
taken IN their deductions; and the
professional operators who are only
too wiling to capitalize the indications
Tor Dreak IN the m trNct will ind
to their discomfort that they are
compelled to rush tor cover IN order
to preserve their own resources. 1t is
true tfat III the hrst part OF the
week there were many evidences OF
Incubation IN the loWer-priced stocks
and that the action of the mar <et was
sucn as 10 u!t.oser 1.lany stop-lo loss Or
Gers and ;.kly-n!',f<'ned purchases
givinE at '1mcs he appearance OF
dIs's trading he margct became
stronger and Ii oader. and many OF
most OF the i'rmer losses were made
up.
~ course, attention is nov. mainly
directed to the Mexican border, ano
the departure OF troops to that section
IRON all parts OF the United States
gives real military tone to the stu
aton, and III the OPINION OF the imam
clal leaders, furnishes clue to the
only. possible, solution OF the new
Iexlcan problem. wall street belleVe:
that American Intervention IN Mex
leo, while involving unfortunate loss
OF lite on both sides, is the only logi
cal method to bring about the ulti
mate pacihcation OF that unfortunate
country, and tor the protection O
American lives and investments there
in. Therefore, while temporary set
back may be expected IN stocks rep
resenting industrial property III Mex
1co itself. the erect upon the genera
market should logically be the re
verse.
Practically every other feature al
tectlng the stock market has been o
favorable nature. The continued IN
now OF gold is interpreted as a fur
ther preparation tor heavy purchasing
OF supplies by the Allied governments
and IN the meanwhile IS certainly nav
ing its effect upon the domestic money
situation. The dividend record ma
been most pleasing commentar!
upon the commercial and industrial
outlook, and the exceptionally favor
able railroad returns for the month 0
May has been most encouraging
Still another favorlng influence is thu
remarkable statement OF foreign com
merce contained IN the prelimnar.
report OF the Department OF Com
merce, the explorations OF mercnan
disc for the month OF May rea dc nn6
the unexampled total OF S4/Z,ooo'oUc
or more than Sol ,OOU,ooO IN excess Q
the exports OF the month or Mafcn
ranord nontb The epnor+s of ner
1870 tha iarre to+a1 IS 81 136 O00-
n0S ',t;o o $3.50; go - q s00'
O N' WIZ no- "a az totnI 81 tbo nreredin,
t .I 49, ,'e 1900 80" ord dprhle H.
~ &c ~ -, 49, o,dnd Nth Nav
1o11 We,nwb;1e ;nnnrtat;ons are in
craas;na ran;djv the Nav record helm,
L;oh icy ab' =, tb;s resnert &C we'll a
a nisn rts I,;tb ~ on1renate of 500
600 G6o ~ ~, ;ncresse Is S11 600 OO
6r;i ,'rh;oh n,,c Tho nreviou
b;ah np;rt Hioh nr;ces have O
nn,,rca ,,,,,cb 70 a. Nth these enor
~, o s r,,ue o IL az tbe ;ncrease !;
,oI,,1, e h., 10 n,eane nerfunctor,
IT, ~ +r,,o1,,aN,,on+b per;od ende,
,;th NJ, anortat;ons exceeded i'm
W.. ~ O. o26 900 OO0 comnar
pol at. .;tI soS2 000 ~ for he corres
nis IL ~ Yn, ~ ,,aors nrey;o,,,
~ rsore Stimulating Influence 70
IN dow nro ,,,,s the news that The In
t me ats C Ca Commission ha
II I,.on i, ratns i, inter
no,,rta;n territorv These advance
Mi ,r,aa, ierne revenue Gains Tor th
w. necont;nenta1 railroads
Cold From London
WI, Ie,:oeI - 10 .ho ,,rres
wv nat Is PeleT1o ~ oI .ne Ia ~
Shipment Oh soid eVei Dl1usn. Al,
this port IN single VeSSel CAME y