Show I Financial 1 and andL I L Commercial C. C SHOTWELL New York May 9 Prosperity Is not returning It I Is already here Wall Wallstreet Wallstreet Val street saw It I first and now the tho public has haH been Leen lot let into tho the secret secret The Tho mills mils of ot the steel trust aro grinding out out orders In larger volume Vely Overy day Tho railroads aro re putting on moro cars calS of ot greater variety Building has been resumed and there is a boom oom In structural structural structural tural material materia of all aU kinds Labor Ismor is ismore mor moro more Cul fully employed Money Ioney Is flowIng flow flow- CowIng Cow Cow- lag Ing Ing all aU channels of or trade There are arc no more Important decisions decisions de do- han hanging banging over tho stock market market market mar mar- ket and vcr very tow low legislatures aro arc In session to Illa plague ue vested Interests with wih new tangled laws The Tho laws of ot na nature nature na- na nt- nt ture turo are having a chance an and tho stock I market marlat Is obeying that ono one of ot them thor commonly l known as the law of or action acton and reaction Prices of or securities promise to astonish the tho world worl as aa much In 1 1909 09 as the they did In 1907 When the lie market recovered from the February break brought brought a about bou t by the alc alleged ed steel war war public interest was as still restricted Professionals ProCessionals sUI were the ho onlY real buyers The new adminis adminis- ration had been Leen thoroughly tested by tho banking fraternity Animosity an- an gendered L by the old regime hal had been heen burled buried Larger banking bankinG Interests took heart and ami laid lall elaborate plans for toa an active and Industrial campaign Tho The tariff was a menace until it I became manifest that that this would bo be turned In favor tavor of ot the tho business In Interests of or tho the country The commodity decision re removed to- to mo e moved the last straw from the load lond of ot apprehension which had been accumulating accumulating ac ac- ac- ac cumulating for so long a period and the Industrial boom now In progress Is the result resul Although Albough the tho public h had d refused to buy lUy on the advancing market It I did hold an enormous volume of ot security purchased In the lie panic These holdings show shoW such great profits that public at attention at- at tenton has been forced to the tho stock market markot notwithstanding the tho sneers and attacks of ot unbelievers The public now begins to realize that It has hag profits with wih which to dabble In stock stock It realizes also that with wih the Increase I capacities added by the trusts Just Justat justat at nl tho the end of ot tho the last boom when there thero was no of employing them tho the now new noW boom will wil bo be greater than ever or possible before The Tho steel trust for Cor Instance can make mako rails rais 5 S a ton cheaper cheap cheap- er or at the tho Gary Gar plant than It i could make them in Its Is host best mills mis two years ago aKO The Tho rail 11 capacity of Dt the trust alone Isnow isnow Is Isnow now greater than the tho entire entre rail rai capacity ca of ot tho the nation naton two to years a ago o. o rho Tho same condition prevails pre ls Jears In other othor lar largo large o corporations Cost of ot production has been reduced yet b by some somo m mystery of ot economy not clearly cearly understood soiling prices s havo been Increased The cut In steel which attracted so 80 much attention in February February ary was nothing more moro than a public and official confirmation of or prices that had been quoted privately for tor months That Is Js wh why the lie steel war ruined no Independents as It i threatened to do at Its Is beginning Perhaps that la is 11 why tho the trust is 18 favoring ta a combination of Independents Tho The trust Interests ap ap- ap foci feel that independents could II bo ho handled much more moro easily if Ir they thoy were eru under ono one management There 9 tl thorn thor at Qt I I is no Intention W of present It if over ever W as been reduced has I Cost of oC Harriman also In lii tho the coplo how v to 0 do I I showed time the him bUn by bJ In- In this The rue panle y Of ot labor Even I creasing the official a time that lint heI he ho harriman tl bele this low I would be be toW But Bul eX eXI ox- ox I cost of or proven that of or a men were bej heI be- be I S j r ry Oen were thousands of I railroad AS A'S I Ing InC employed out I I terns and In there here mis to operate They had profits were I machinery at J a o hn great reat that the tho I so o lar largo large o and unimportant to managers deom Time Tho dis- dis haggle over or a t C ChOW t dOlar much effective affective c covery of oC hOW n out of oC an em- em labor could coull he hI go made when ex- ex could only tho bone bonc Has Hav- penises hind had to o be C i J to to do a a certain In ing proved pro a Iv workmen will bo be hI volume of oC work tB lb 0 doing It and compelled to 10 n proceed with wih th the tho enlarged J less mess In the thousands of or mills mis 1 j have jave boon been Men Ien whoso s R r rf lly ly finding cm- cm with wih are O that nat the pro- pro elsewhere erf cc has 8 been beon ma- ma cc their r of ot l st tWO years tonally Increased Increase a contrary Tho The H list f U r copper copper 11 a ted C 5 d copper Is eel sel- situation than British 8 ln ling hing on a far Cal hote lc 19 j justified the console If the tho pr pr pritO C eV I are not sd- sd sel- sel so called Ces es value alue 80 Cf i face Hug for tor one eat reat boom In great a There Is a tt gigantic tlc merS mer- mer coppers and rumor Jinn rumor S soon ger gel must bo ime expected Lu schemes to tor WI wih f r The public Is bUsY V hn coal rail rall- the t ral- ral distribute tho ho assets r this will be wil roads and uld sooner or done Ilone but hut the ost n- n its Is Cavo flavor for Cor professionals proCessionals an nd the they J refuse 0 l to something get excited until UM Hh r re e Is definite |