Primary Post War Depression

On January 21, 1865, the depressing planet Saturn moved into the sign of Scorpio. This was an indication that business activity was in for a slump, since the North Node was also in Scorpio, the sign on the Normal angle of the Business Cycle Chart As this aspect became exact lasting through October of the same year, the crash came and business volume tumbled 14 points below Normal under this strong secondary aspect Jupiter was also in opposition to Uranus during this period adding weight to the above testimony. These indications pointed clearly to the sharp reaction during the year.

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As the North Node moved into the sign of Libra on April 28, 1865, Saturn had also moved back into the sign of Libra holding the aspect in force until late fall. The North Node's transit into Libra indicated that the Business volume Curve was now going from Normal to Above Normal, and that if no unfavorable secondary factors were present to keep the Curve downward, business activity should be slightly Above Normal for this period.

On September 30, 1865, Saturn moved into Scorpio again, this time forming a trine aspect with Uranus in Cancer Prices and business turned sharply upward with business volume rising 14 points to Normal by the end of Februaiy, 1866. This rise in the Business Curve continued through September, 1866, with the favorable aspect indicating that business volume would go 10 % above normal, which it did.

As it has been stated before in this astronomic theory of forecasting business and stock market trends, as long as a major planet is passing over the mid-heaven of the New York Exchange Chart, this planet is the "key" for studying business indications for the future for as long as the planet transits the mid-heaven. Monthly trends in the Stock Market can be easily determined by watching the lunations each twenty-eight days. If the lunation falls conjunction, square, or in opposition to the planet passing over the mid-heaven, watch out, for the Stock Market will then react according to the indications at the lunation, when the Moon passes over that important point, during the forthcoming month.

This theory of forecasting business trends and stock market action explains clearly why so many Stock Market crashes and slumps have come in April and October rather than in other months of the year. The Sun transits the sign of Aries every year from March 21 to April 20th, and this is the sign which is co-ruler with Pisces of the mid-heaven of the Chart of the New York Stock Exchange. The Sun transits the sign of Libra every year from September 23rd to October 23rd, and this is the sign which is in exact opposition to Aries. Whenever there is a major planet passing through Aries and the lunation falls con junction (as in April) or in opposition to it (as in September and October) then the Market slumps come.

England is ruled by the sign Aries, and it is significant that the transits of major planets through this sign or in opposition to it, affect its business conditions and point out the rise and fall of its stock prices very clearly. The tie-up between the London Exchange and Wall Street is shown by the rulership of Aries on the mid-heaven of the New York Stock Exchange Chart. Slumps in London have a sympathetic recession here and vice versa.

To return to 1866, history records a financial panic in London in the spring of that year. Neptune was in 11 degrees Aries in October of 1866. The lunation for October, 1866, fell in 14 degrees Libra in opposition to Neptune on the mid-heaven of the New York Stock Exchange Chart in square aspect to Uranus in Cancer and in exact square to the ascendant of the same chart in 14 degrees Cancer. Tliis lunation indicated a slump in business and stock prices which took the Curve downward ten points by the end of the year. The latter part of December, 1866, saw a minor unfavorable aspect between Saturn in 20 degrees Scorpio and Uranus in 7 degrees Cancer. This was the sesquiquadrate aspect of 135 degrees. Although not very important usually, it was strong enough to help keep business activity four points below normal accentuating the unfavorable aspect, Neptune square Uranus and the ascendant, of the Stock Market Chart. This influence lasted through February, 1867, and was accompanied by a drop in commodity prices and a decided recession in rail stock prices.

On November 13, 1866, the North Node moved into the sign of Virgo and the natural position of the Business Curve should be slightly above Normal and the trend of business from "Normal to High." (The High point being reached as the North Node transits Leo in 1868 and 1869-)

The North Node remained in Virgo throughout 1867. The secondary factor, Saturn sesquiquadrate Uranus, was effective through February, 1867. Then prices rose along with improved business activity through the spring and summer to three points above Normal due to the slight aspect, though not close enough to bring a big rise in business activity, of Saturn trine Uranus. After August of this year, the Curve turned downward to four points below Normal through February, 1868, as the sesqui-quadrate aspect came into force again. After February, 1868, Business volume increased and by August, 1868, the Business Curve had risen four points above Normal or a rise of six points on the graph in five months time. This was due to the fact that Saturn had moved into Sagittarius and too far away from Uranus for an aspect to be effective. This indicated that a change in trend was coming and that it would be upward with the removal of the secondary factors distorting the Curve at that time. The Business Curve confirms this indication. It stayed three to four points above Normal through the remainder of the year. This influence carried the Curve upward through June, 1869, to five points above Normal. By this time Uranus had reached 17 degrees Cancer, the Ascendant of the New York Stock Exchange chart and was in square to Neptune in 19 degrees Aries on the mid-heaven of this same chart. Prices slowly turned down with the Business Curve through the summer as Jupiter was in exact square to the North Node.

On September 6, 1869, the lunation occurred in 13 degrees Virgo in quincunx aspect to Neptune on the mid-heaven (of the New York Exchange Chart) and this unfavorable aspect of exactly 150 degrees indicated the short-lived Panic of 1869, which occurred on September 24, 1869. This Panic was mostly a Wall Street affair. Stocks had advanced to high levels from the long period of speculation since the War and a reaction set in. Money rates were at their highest level since 1857 and I860. Since this Panic occurred on Friday, this slump has gone down in financial history as the "Blade Friday Panic/'

With the passing of the temporary unfavorable aspect, the Curve began to rise and by June, 1870, had climbed to four points above Normal. In May of 1870, Jupiter moved into Gemini, which is the sign ruling the United States. This is a very favorable secondary factor and prices should have jumped sharply up and carried the Business Curve with it, if there had not been an unfavorable secondary factor present. The North Node had moved into Cancer the 22nd of December, 1869, and by June had reached a conjunction aspect with the revolutionary and disturbing planet Uranus. This aspect caused the Business Curve to drop five points below normal. By October, 1870, the influence of this unfavorable secondary factor had waned. Uranus was in 26 degrees Cancer and the North Node was in 14 degrees Cancer. (Conjunction aspects are not effective outside of an orb of 10 degrees). This fact should be kept in mind for in this theory of determining the Business and Stock Market trend, aspects coming into a ten degree range point to changes in trend many months in advance.

INDUSTRIAL OVER-EXPANSION PROSPERITY PERIOD

The Business Curve turned sharply upward after October, 1870 and by April, 1871, was standing at six points above normaL This was the beginning of the three year period known in financial history as the "Industrial Over-Expansion Prosperity Period." Jupiter was in Gemini, the sign ruling the United States, in favorable aspect (sextile 60 degrees) to Neptune in Aries on the mid-heaven of the New York Stock Exchange chart and to Uranus in Cancer on the ascendant of this same chart.

During this period business activity was greatly above normal. Railroads were expanding and being built everywhere. Most Rait stocks come under the influence of the Fire Signs, Aries, Leo, and Sagittarius. Neptune was in Aries at this time in very favorable aspect (trine 120 degrees) to Saturn in Sagittarius and to Jupiter in Gemini (60 degrees-sextile). Rail stocks experienced peak prices under these influences.

In May, 1871, Jupiter moved into Cancer and in July of the same year, the North Node moved into Gemini. These were favorable indications of a booming business period. Both Gemini and Cancer are the ruling signs of the United States. Whenever

beneficent planets or the North Node transits these signs there is always improved business activity, unless some very strong unfavorable secondary factor is present to hold the Curve downward.

The Business Volume Curve stood at six points above normal from April through November of 1871. In December, the Curve turned upward again rising sharply through January, February, and March of 1872. This upturn was pointed out by the fact that Jupiter was in conjunction with Uranus in Cancer, a strong secondary factor which indicated bullish prices, and lifted the Business Curve to 11 points above normal.

In April, 1872, Neptune was still on the mid-heaven of the New York Stock Exchange Chart in 23 degrees Aries; Uranus 27 degrees Cancer was in conjunction with Jupiter in 22 degrees Cancer and Saturn was in 21 degrees Capricorn. This was an unusual planetary arrangement with four major planets all placed on angles of the New York Stock Exchange Chart and in square aspect and in opposition to each other. If the primary Curve of Business had not been above normal during this period, augmented by a strong secondary factor of Jupiter conjunction Uranus in Cancer, this combination of aspects would have pointed to a slump in business. As it was, however, the North Node was in Gemini, a very favorable factor, which pointed to an above normal position for the Business Curve and in consequence only a slight recession took place while these aspects lasted.

The lunation of April 8, 1872, occurred in 18 degrees Aries conjunction Mars and Neptune in Aries, the two planetary rulers of die mid-heaven of the New York Stock Exchange Chart. This lunation indicated the slight recession which caused the Business Curve to drop three points. This recession lasted until the last of June when Uranus and Jupiter both moved into Leo. This placed both planets in favorable aspect (60 degrees-sextile) to the North Node in Gemini. This caused the Business Curve to turn upward with boom proportions. Jupiter in conjunction with Uranus doubled the influence of the favorable secondary factor, Jupiter sextile the Node, and the Curve turned sharply upward through the remainder of 1872. The Business Curve reached the top of this boom in January, 1873, when it stood at 15 points above normal.

On January 28, 1873, the North Node moved into Taurus, one of the transition points on the Business Cycle Chart and this was a definite indication that the trend had turned downward for a period of six years or the time it took for the North Node to pass through the signs Taurus, Aries, Pisces, and Aquarius, the last being the sign on the low point of the Business Cycle Chart. (See Chart)

From June 4, 1868, to January 28, 1873, the North Node had passed through Leo, {the top point of the Business Cycle Chart), Cancer and Gemini, The Business Curve was above normal during this period with the trend slowly approaching normal. When the Normal point was reached, as the North Node moved into Taurus, the cycle had definitely changed. The Curve had now swung downward. This was the beginning of a period in financial history known as the "Secondary Post-War Depression" which lasted for a period of six years.

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