Show 6 SITUATION PLEASES FINANCIAL HEADS E Enormous Strength of Country Coun- Coun T. t-T. try Re Reflected by Large Gold Imports v ta king definite Impulse or Influences const ess 8 convenes tho stock mard market mar mar- ket d has fulfilled general expectation b by drifting drifting- into professional hands The Tho surprise Is perhaps that tho to volume of ot transactions remains na ns largo laro It l is i. Ou Our situation continues to reflect the thc sober preparations m made e at a Washington Rober nde competent direction at nt last i In tho the hA under C of the council counci of ot national defense to to put the country countr In shape for war Th The Activities are aro largely larGely in th the direction or Demobilising militia mita but buying of ot supplies sup sup- plies will follow In due COU course 0 The pl 8 wi b by of or such buying augmented utilization of or probable torel foreign credits ex extended cx- cx tended by this government naturally J leads da to tho the belief bete that tha the spring improvement im Ira- nt In trade trado will be moro oro than provement wl I A wn fresh h flood of ot gold gol imports seems to have begun with wih the receipt of ot 10 this week from Ott l thus bringing the total imports for tho the year to 0 nearly The potency O of o this fresh influx of or gold upon money be readily discernible die dis r rates tu would undoubtedly were It not for the tact fact that the hanks hinks are aro content i to run strong during the present period of ot uncertainty In fact such gold Gold perIo supplies could hardly do otherwise ther than lead to fresh inflation under un un- un- un der normal conditions but on the other hand were ee it not for prospective war var commodity might not bo climbing ao so O vl vigorously G Gold ld imports present re ent simply another another phase phae of the pl picture ture portrayed b by our hug huge purchases of or foreign owned ties tieR During the six months to JanU January 1 I. I 1916 the States States took 1 back ack ac according ac- ac cording to authoritative figures 2 9 cring railway securities This with wit in the preceding six months wit the tho decline being due to the tho use of ot these securities as ns loan lof co collateral The and to Increased gold old shipments outstanding deduction to be made from the tho compilations Is that since Inco January Januar 1915 we have repurchased of or these Adding In purchases of or industrials and additional purchases since Ince the tho first of or tho the year ear U It i is proba- proba safe Efe to sa say that C T have havo taken back It is small wonder that the United States is a a. a creditor nation nalon and needs only to her position Boston oston News Bureau Burau |