Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-08-29
EVANS FINDS
CHEER EVEN If
STREET. CAN'T
He Points Out Many Evil
dences of Gains That
Prophets Ignore.
COMFORT IN COMPARISON
Deserve TrOuncing for Fatten-
ing While Complaining of
Quality of Feed
Special to Indiana Daily Times
and Philadelphia Public Ledger.
BY G. 8. EVANS.

CHICAGO, aug. Z5.-lI6 VOICES
from Lamentation Representatives.
called Wall street-have sunk to a
low intensity, for they are weak and
worn and hoarse, but the same
desolateness of tone is there. If
one may assume that that part Of
the globe is engaged in its usual
function of prophecy, we have yet
bitterer things to experience, and
the great lift that the American is
always looking for must be far away.
But there are patches in many
parts OF the country which still evil
dence the existence of sun. One
can see them on the prairies OF the
west. This part OF the country
therefore begs that old wooden man
of Wall street 20 smile bit and Try
to get something OF prophecy OF
better things into his appearance.
The smile Will not change business,
but It will make his ugly face look a
heap better.
Those OF Us who are In the dumps be-
cause business has had a great decline
and probably Is going to have more,
should look TO other parts OF the world
and see how much farther down in the
scale they are than the United States
We deserve 4 good trOuncing for the
gloom with which we envelop ourselves
while fastening IN our stalls and COM
planning that the feed Is not hrst-class-
A revival Is coming. indsed, has al
ready started. It viii slip back, then
lit again, and IN a year or i've years
there Will be an an-round gain and a
stability comparable with that which We
have experienced in former years.
HE FINDS MANY
EVIDENCES or GAIN.
Evidences are not wanting OF gains IN
this part OF the country The predic-
lions made some weeks ago OF material
Improvement in the distribution Of fat
rics are now in process OF realization.
Nor Is it the trade OF next spring. for
which preparations are made always
many months ahead. The thing Is hap
ueafng right now The trade IN worsted
goods showed gains weeks ago. and
now sales OF cotton Fabrics are progress
ing az a rate which reminds agents OF
eastern manufacturing companies OF the
good old times. Sales are not in large
quantities, but the demand is inststent
and many renewal orders are given. A
Milwaukee jObber who recently thought
he had overbought has disposed Of his
goods and is ordering more.
The mail order houses. which not long
since we're considered the most woebe-
gone class Of merchandising concerns. are
buving literally and making provision
for expected large demands IN the future.
Agents Of Eastern fabric mills who are
commonly very cautious IN the matter
OF advising purchases for the distant fu-
ture are now urging their customers TO
urepare for conditions sixty days hence
At the same tine they discourage
speculative purchases, though in the
present temper Of Jobbers and some OF
the mail order houses Il would be rather
easy 10 create an eager speculative state
OF mind among buyers.
Remote from these Is the electrical in
terest. which IS as active as at any
time In It's history with the exception OF
1870. Authorities IN that line declare
they never have been q brighter outlook
than now.
Then there is that much legislated
harried. tormented interest. the packing
industry. Il IS doing wei and unless
a Information from trustworthy sources
Is TO be disregarded Swift Iuterna tiOnal
IS 70 take a highly prominent place in
the stock market just as soon as affairs
IN general have made a turn.
COMPETITION IN STEEL
PRICES ENCOURAGING.
Steel sets its hard face against any
revival IN trade, but steel is meltaole
Its market must have a Jurn FOR the bet
ter within 4 period measured by months.
The present competition in prices Is one
OF the most satisfactory signs OF the
zines. It's soft sister, cotton, swooned
rapidly from the wartime figures, but
has now had 4 lift Of 40 per cent above
the lowest. The record OF steel may be
similar though its market has foreign
products to compete with. whereas IN
cotton this country is the dictator OF
supply.
There IS nothing 70 shout about in this
improvement OF the markets OF four OF
five commodities, bat the change Is
promise When we remember that We
stiu have 4 wrecked Europe making It's
hypnotic passes over US we must see that
conservatism should be the central idea
Of business and not get flighty over q
little cheer here and there. We may
nevertheless congratulate ourselves on g
prosperity which looms far above thai
Of other countries.-CopyrLght, 1874, by
pr-h15o Tadvar 10