Show I I I I i i Financial Financial andI and aid l BY THOMAS c. c SHOT WELL New York June 13 War War In I Europe Is hi the scare now no with wih which protes- protes are arc trying to frighten people out of oC their stocks in InVal Wall all Val street streeL This talk Is having exactly tho site exact opposite effect tO Europeans are beginning bes f so en n 11 1 In nr nr ration raton for battle and the tho j- j batte tiIe io moneyed In in- in of ot Germany land France Prance and England England Eng Eng- are ore taking on more and more of ot American Investments In letting go their European bon bonds s. s If It I Europe goes to batt battle America will wil have ha e to furnish the food tood and ammunition War Yar In Europe would be a tremendous ous bull boil bul argument on stocks In the United States after the tho first sharp bre break k But no Intelligent person really realy ex- ex a general war among the powers of ot Europe Europ One reason for tor not expecting expect expect- ing In Is that all are thoroughly 01 prepared pre pre- pared to fight but no Intelligent person per per- son really really- expects a 0 general war among the powers of ot Europe One r reason eason for tor not expecting It Is that alt all I I a ao are re thoroughly thoroughly- prepared to tight fight Another An An- Anther al I aw o other ther Is that there Is no cause caURO for Cor or w war ar It Is I possible that there ma may bo be bo s sr ome some bluffing but the tho most probable sp r reason eason for tor the excitement t s 's IB is that n n. public p excuse Is w wanted for tor making a p partition of ot Turkey The Tine suggestion of ot a general war Is o only putting In another shape the Idea that th at the world has relapsed Into bar bar- b arism Viewing the tho matter mater In the tire worst w light possible It I cannot hurt st sto stocks tocks In the tho United States more moro than for tor o r a few moments for If It Europe were to totI relapse Into barbarism it will leave tIn tI the ne United States the tine only enlightened wl o le n nation and naton promote civilization on this continent c at an amazing speet speed Curious movements of at population mo are c t place as between tho the United S tates and Canada Last year ear F French rench Canadians crossed the border horder in Into nto to the tho New Xe England states and nd 10 0 00 01 American farmers crossed into the tho w heat countries of ot northwestern Can Cnn a ada ada da Canada and the tIre United States a are aie re gradually merging across tho bor bor- ti der er Into one country Tho The reason Is t that hat Canada owns most of or the unde unde- under eloped agricultural land of ot the tho con con- t The high price of ot wheat Is w waking aking up the thc world to the si sity s ity of ot having hn more people on tho tIre f farms arms nn and fewer In the tho cities Tho The farmers are tire the aristocrats of or t the he world Just now Although the w winter inter wheat will crop wil be under tho the a average there Is no reason to e expect i It t to be less than bushels T The ire spring wheat will be bo far tar above wl t the he average from all a 01 accounts and It Is i s perfectly reasonable to look for tor a t total otal crop of ot bushels of ot l both hoth kinds of ot wheat In spite of the tire spie l large arge crop op promised prices remain firm for tor a all I cereals Ono One sl development of ot tire the past week has been heen the movement mo ement of ot American capital nto the Orient and the South American states As AM has hns been explained tl In this tins coluni cOlum tim tho tho the of ot silver has stirred up manufacturing Industries of the Orient Owing to the reduced ing power of or sliver silver as ns money tho Ori On- have ha e been compelled to make their own goods Instead goots ad of ot buying them of ot gold standard countries American capitalists realize that owing to this activity of ot the tine there Is Orientals going to be a n greater greatel demand for tor silver siver Some Soma of ot tire the loading Inter Intel ests crits for among tho the 9 silver I producers look an art advance of ot ten cents an ounce I In silver metal in the tine next year Thin t will wi mean millions of ot additional profits to the the conner mIning nO o I won wel as ne to tire the silver SU producers Such h concerns as nM tho the American Smelting and the Amalgamated will win benefit vcr very ery largely from this Improved condition of or one of their Important by liy The Tho copper m metal situation Is also alRo very much Improved Tho The sales for Cor May were large and the tire Is Increasing at at- such a rate R its HS production to make cheap copper a certainty for lor a long period This means mean that man many In iii- iii 11 now using galvanized 10 Iron anti and other other- metals as ns substitutes ant for Cor or copper COPPI will wi return to that metal New metal processes pro pro- have hn been heen Introduced In itt the tire manufacture of or copper no so 10 that tIre the lower low low- er Cr prices will mean about wil as much mitch print to tho tire producer producer- produce as tho the old mich prices meant 1 Revival no of or th tire th steel Industry Is longer a matter mater of or conjecture The no orders are arr art actually actually- on our the hooks books or are certain of nr thor thor-c r ten w weeks wopka The within a a capacity of or tire the great companion companies hits has boon Increased materi ally since nJ the tIne last boom antI ami tho the oncoming on on- coming coming boom will bo be th tho greatest greate t wil be over ever known knowl Tire The on only I whore uncertainly nn any any- seeing to be Ire In 1 regard to tho thin attitude of oC tho the public toward the tire stock market The Tho public In is skeptical il I and tho the last two opt al weeks has hax liN I stocks soiling quietly The Tire foremost finan ciers cIon Ira have h 6 not trot boon been hern selling and are prepared to hu buy heavily should any uny reaction take place The hl big people are arc acting with the tine fixed conviction th that t the tho stock market Iran has not riot by hy an any means discounted prosperity that IH ut tw II about to O overwhelm all al In In- In |