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Real estate record and builders' guide: v. 57, no. 1462: March 21, 1896

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March 21,1896 Record and Guide. 478 ESTABLISHED-^ MARPU Sm^ 1868. De^TSD 10 RiEJ^LEstate.BuiLDif/c Ap.cKn-ECTvnEMcwseKoidI Bi/siWess Alto Themes ofGeiJer^I l»/traf»i!. PRICE, PER YEAR IN ADVANCE, SIX DOLLARS. Published every Saturday. TBLBPHONB,......OOBTIAMBT 1370 OonunnnloatlonB should be addressed to C. W. SWEET, 14-16 Vesey Street. /. 3. LINDSEY. Business Manager. " Entered at the Post-office al New York, N. Y.,as tecond-clast matter." Vol. LVII. MARCH 21, 1896 No. 1,462 The Kecord and Guide will furnish you with daily detailed reports of all building operations, compiled to suit your business specifically, fot 14 cents a day. You are thus kept informed of the entire market for your goods. No guess work. Every fact ver'ified. Abundant capital and the thirty years' experience of The. Record and Gvit.>k guarantee the com¬ pleteness and authenticity of this service. Send to 14 and IG Vesey street for information. WITH 8UPPLEMEN1. DOWN in Wall street people are engaged in persuading one another that husiness throughout the country is in a very bad way and that, therefore, prices of stocks aud honds ought to decline. The arguments offered in support of this position are not very powerful and overlook the fact of the satisfactory natirre of the returns from the railroads, and the fact that the predicted exports of gold have not come ahout. But when such an idea is prevalent the predicted fall in prices usually comes, though only to aftord opportunities for the shrewd and cheerful minority to pick up cheap stocks. The meteorological conditions of the month of March are ordinarily jjiovocative of gloomy views and consequent lowering of quotation.i. This year it was hoped that as the government houd sale was regarded hy so many as a remarkable success, that it would counteract the dolor¬ ous influences of the weather. That hope has not heen fulflUed, hut instead people have been blind to everything that is good in the situation and eager to see the bad. Congress is still do¬ ing its best to uu.settle men's minds and make them fearful of new undertakings, and the Washingtou orders in the stock market are said to be all on the short side, and this fact has naturally a bad influence apait from the actual effect upon the mechanical movements of the market. The worst features of the business situation are, however, dne to causes long past. The actual eftect of the Venezuelan message of last December are now being felt as later ouwe will feel the benefits of the removal of the fear of war from men's minds that followed with the better imderstandiiig of the .situation which was obtained in the follow¬ ing month or six weeks. We are apt to forget that a good deal of time is required for the eft'ects of any event, beneficial or other wise, to work through the commercial system, and to .