| Show dun reviews the year 1907 the withdrawal of 5 from froin a few large trust com banies precipitating a season of hb hoarding arding and sending currency to a premi premium gin at a time when it was most needed country is credited in R G dun gos cos annual annu al review of trade with having been one of the great in turning the ole year 1907 hoin its promise of new records in prosperity to a eloping closing period of financial disturbance tur bance that caused in many any plans for future fatur A e x t e t I 1 N I 1 il of business to be either abandoned or oe postponed the restoration of normal conditions tle the review review 40 declares clares depends upon easier money and it a revival of conna yi deace both of which seem no nearer r 0 today than at any time since ice i october when the stringency began while failures were i frequent during the last quarter of the year yar th the e review points out falat if the comparison is is ca carried ried back to io periods oadis of distress there is much cause for in ill the 1116 1 in solven cy returns the review says in im part the year started under auspices that scein seemed e 1 d brig bright it beyond precedent aud and the movement of trade attained a velici y that constantly promised new record prosperity forays for al most ten months statistics of production products i bank exchanges railway earnings and other measures of commercial activity compared favorably with any p previous year and in many instances the total for the twelve mouths months were never eclipsed products Product a of the farm far surpassed all earlier coords high prices more than compensating for smaller crops than in banner years y ears immigration ion and commerce both exceeded auy any previous ye year r gold in the treasury rose to tind and lije amount of money in in circulation tion per capita capila became greater than ever before despite an all increase in in population to over so 86 conditions changed radically during the last ten tell weeks of 1907 the di dis burhance tur hance bance that started it in october unsettling confidence so ao completely artely that curr currency ay con command imand ed a premium um and plans plan s for future extension ex of bu business were velle abandoned or nr 1 postponed mcp oil i ed pa failures a i I 1 u res were larger than at any time lillie since all the e crisis of tl ti 0 previous p decade d e cad e and a numbus I 1 of barki banks closed some if them only temporarily orders canceled ati and d new con contrad t c came ame to the mills Os so 0 slowly that forces were reduced und production materially curtailed probably tha ahe year might have ended without sensationally high quotation I 1 on for mony bad ib nob no t boen been for t tie the henvy withdrawal df deposits frow from it a f few ew large harge trust coni anie i that precipitated precipitate i a season of 1 hoan inn ing D I 1 no accurate figures r we aie avail available ablo rel regarding gardi tig the he t exeunt of this ibis movement t buo ut it il is esti eli lylath kaied d by well posted bosti d bankers ban kers that the carali withdrawal from new york banks alone amounted to 10 and all perhaps p et hops four ti annes ines ais ad mud much throughout the country the value of farm farin products was a tremendous one ad adding d i n 6 a the value of col co ton meats dairy dair products peul poultry try eggs and fill all otlie other r items raised iv bv the agri aari w cj cul urist ali ache beirs total atta attains ills the value of |
