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Show General Situation ay. L. VAN . VOORHH Mansr Send , Depart m.nt . Central Tru.t Co. . w p. Hid Ijite Jaty Ma tft. r-porta r-porta of Juna'a KMomte bsnavlor Im-c.m. Im-c.m. know, th m,culntr of mind to whlrfi V had km Induced by tha confllciln rltwa of bank.ra adltora and conomlata imuh mora ooa-Tha ooa-Tha atcck markat. If It la to m rirdcfl aa a fuid. add. to our brfuddlrmant, for Ita earar Baa baan pna of Indaclalon. On tha whola. thla "S J "ardad aa unfavor. 1 ,i ?r "hlla av.rag. prim hava aacllned eonaldwaoiy tha drop from tha aarfy aak In July an about l ' 9rnth nimihar of aala haa buan anall a condition that la (ananlly ramrdad aa a alca of woaknoaa S.ork aal.a In J una war. about II par wut balow tha record of May. lommodlty orlcaa coatlnoad to fall during June The mqat unaatufactory part of tha decline la tha fact that It la hltliuj the farm population aioet ee-wely ee-wely On July if. July and eaptem- nor wnaat options dropped below one dollar a bushel, tha low eat price rao orded thla yaar and only a shirt battar thaa th loweat prfcd In 92i. Juat, what tha depreciation In crop value g due to la hard to say, tn view f tha conflicting; statements of author. tie. Moot of th wrlteis for he financial pages of tha dally preaa Insist thai th foreign attuation has cut off thai markat for our exportable surplus and that this country, having to absorb thla exportable portion, haa forcad an oversupply. To thla th sacrotary of ag-rlcuitur at vVahlnton re pi lea with s La 1 1st Ice to show that our export of ajrrleultural products have ban up to th pra-war standard. Tha fact la that th production of wh;! throughout th world w b lant t trtla Foe Raf4 eaaasfif ehw rhlf ejpori 1 ing oouiurlc Canada, Australia rnd India Indlcat unusual yields, and In thla country favorable wathr and freedom from rust com bin to justify justi-fy foracaata of aa much from on acr aa our Imat wuhoa could hop for. Th decreas In tha purchaalnf power of tha farmer la badinnlrm to tak tanglbl form, for tha aalea of two mall fi-dr houBa were 14 pr cant lower la Jun than they war In Jlay The Indira of buslncaa activity hav not Indicated an rraat alwtnp; up of tr.ide. Indeed, wa ballova they reflect fair inalnteminc of activity. For exam- Ele. If wa leave out New York ci'y. ank clrtnca Increaacd 14 per cant In June over May, In aptte of the fact that May contained an additional day Debits to Individual accounta tell 41 ml lar story. And ear-loadtnge hav exceeded all record a not only wata :h largest number of card In aln4 weak loaded during tha week iiding Jun 14, but never be for in our hla-tory hla-tory haa auch targ number of caaa been loaded for a a ingle month. Kvery on of the four weeks of Jun waa ft million-ear week. For tha first six months of 1471, 24. 411. 12 rare were loaded, a high record for the corresponding corre-sponding period during ail the years of I our railroad history, and figure 70 ! per cent In ext-e of that shown by 1 1 tne reports for lM Th number of new corporal fs-ues brought out during Jun wss below that for May and somewhat under that for Jun ll?t. Bom tal kha bn going about tbat difficulty t being experienced ex-perienced In getting a number of curl tie. Th probability Is that our Investor ar getting wise and that an Increasingly larg number of pc)pi go In for th aoaaoned stuff duriig th weak periods of the market, and draw fundo fro mthe chanrvela to which new Imimi muat cuatoo-Mily loolt. |