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Show CAPITAL IS SEEKING NEW UNDERTAKINGS A banker of Boston Is quoted as follows: fol-lows: "One of the mnpt agreeable features of the present situation and It takes hunting hunt-ing to find them Is that, capital is willing will-ing to go Into new enterprises. Tho situation sit-uation In this respect ir. far inoro favorable fa-vorable than at any time since 1006. I know of several large underwriting projects, pro-jects, calling for the expenditure of over $7,000,000 In ono hiKtauec, which have boon arranged, and the underwriters were in large part, individuals who had made up their minds that the time was at hand to push ahead with new development develop-ment projects. Of course these undertakings under-takings are. all of a public service nature, where the maximum of protection to capital capi-tal exists. Now money Is getting ready to go Into railroads, however, and we shall have a financing market before 1012 is many mouths older If present signs of the times count for anything." |