The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1919-03-21

vork March l4-There is a
New recognition of the fact that
CROWNS business conditions III
fundaln1 vntrv are steadily improving.
th,' Nation we curtaiied our pis eds
n s.chase and consumption Oh sooL
P u. the war period, over e,snis
t auins dollars annually or one-tniiu
biihgh ar manufactured products IN
OF d. sor before the war. we are
tne j;Iv returning to our manuldc
s'ea entearises to a pre-war pasio
tuins ,;,l soon surpass the peace-tiine
anu % Of production and consumption
feGoi arstr,al experts say that the coun-
a,rlv one-third behind its ma
Try y - nutnut in goods on the shelves
uon" .h;s n Itself means great IN
anu in production and buying dur
no the next few months. lhelo
,hns an incentive tor factories "
snme production on as great s.a'e
as possible. t.s tremendou in
....sd and competent authorizes
e s,ste that Europe needs over seven
sa,;an dollars a year OF American
o.l aSnc,s for two years at least. we
srs handicapped in this trade, by the
arssent lack of ships and by the diilir
rultv in arranging for the payment OF
w.. .Ia. GOODS. Both of these are tenn
aorarv handicaps and will disappear
when the machinery OF trade is AGAIN
IN rood working order. Progress IS
now being made in the extension VI
credits to foreign purchasers.
Stock Market.
The movement in the Stock Market,
,eferred to in last weeks review, has
gained in impetus as public interest
sud participation broadened from day
To day and. accordingly, every DIVISION
~ the market has been able to score
an advance. Ii the stock market is
an accurate barometer OF the feeling
Of the whole country with respect TO
current and future financial and Dusi-
ness conditions, present indicatios
point to a degree OF confidence great
er than at any time since the German
line began to crack in July OF last
year. Underlying conditions in the
United States are firm and sound and
the experiences of the past two years
have taught US how to grapple with
larger problems than any we have en-
countered in the past. This IS an I'M
portant reason why investors refuse
TO become alarmed over such a cir-
cumstance as the failure of congress
to provide for the financial require
ments of the railroads or the tremend-
GUS financial burdens which the war
has laid upon the Nation.
On more than one session during
the past two weeks the million share
mark has been reached and on Tues
day of the past week the aggregate
Of sales reached one and quarter
millions. These records are indicative
Of exceptional activity on the big
security mart, more resembling the
days Of the war brides" in 1915 and
T 1916 than any particular period since
that time.
While the largest gains have been
made in the industrial shares the rail-
road stocks have not lacked favorable
attention. The various relief plan:
which are under consideration for the
carriers have been accepted by inves'
tors as an assurance that the right
solution of the problem is near a
hand. Stocks have been subjected t
great deal of selling of late, but al
most invariably the offerings arr
taken up BY interested bidders before
there is much of an opportunity fol
recession in prices. 1t is said tina
there are number of powerful pool
operating on the bull side Of the stool
market and for this reason short sell
ers have not occupied conspicuou
place in recent operations.
The marked progress which som
stocks have made in two or thre
weeks has, Of course, invited prof
taking by those who were fortunat
enough to secure their stocks on tn
lower levels and in some of the promi
hent issues the tendency towar
higher prices has released thousand
OF shares that were pegged for
modest advance. Prominent in thi
elass is United States Steel Common
winch may be accounted for by tn
oeciine in untitled orders reported b
.ne corporation for February. Bool
hgs tell away nearly o7s,000 tons an
.his total, taken together with III
ieeession in January and Decembe
showed a shrinkage OF about Is ps
sent from the aggregate or orders o
aend at the end OF November. Cal
sellatons have played an importar
part IN cutting down contracts, viii
HtW orders M vat nra rna.tNn