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Show ING TO MONEY. Ogdea man. wiili borrowed has made $21,000 In Bheep In Vi :- few months. He bought at How prices of (he winter, fed and ohl Then he reinvented In stock Vr) ai :,n ,i li.-'nl and he expects Pmake more money. Ewes at y How a couslderabe recovery since last I when reports came from Idaho of Hbunks selling out herds at the rate o' a head or less. This Is one sign of business recov-i recov-i ry m the west When sheep begin to increase, in value aud calUc command i Wf a better figure, the foundation oi bei , ier times for western people is bclnc: Soon the farmer will feel the ton- j ing up. and then we will forget much I I or tnc dullness wnicn uas atincieu us And the evidence of an approaching prosperity is not confined to she n Financial writers are beginning to see rifts in the clouds on Wall street. One authority tells of the endless absorp Hon of bonds and he asks: Where does the overflowing suppl Of investment capital come from? How can a country, stricken with economic reaction, whose frozen credits and losses from falling prices have been the talk of the markets for a year and a half be absorbing such immense I amounts of investment bonds on a rising ris-ing market? The writer says the answer is sim- ( pie enough The United States was not poor, even at the end of 192ft. The leservoir ol private capital was hen-; it was all ihe larger b cause of release of funds lied up in trad.- inflation. I market speculation and forestalling ' operations during 1919 and, 1920. The! vising reserve ratios of the federal nanks during 1921 and thus far In 1922 were indirect evidence of this huge and rapidly increasing Investment Invest-ment fund, but not even the Wall street "bond houses" could get actual .sight of it, because the breakdown of confidence in the general situation in . the future of trade and industry and I especially in the political and econom ! ic outlook for Europe, had driven it! into hiding. It is characteristic o? such episodes, as witness 1901 and ' 1881, that confidence returns almost as suddenly as it had departed, that such return is greatly stimulated by the fight of a rising investment bond mar- j ket, and that then the whole financial i world is taken by surprise at the mag nitude of the resources which come into play. That being true, the country is today J emerging from depression and soon j will be sent out of the. dumps. |