The Panic Op 18931895

This financial crisis in the United States was precipitated in May by the failure of the Chemical National Bank of Chicago and others, including The National Cordage Company. The Business Curve plummeted from 10 points above normal to 20 points below normal. This was a drop of 30 points in business activity from May to August of 1893- Stocks dropped sharply in value, especially Industrials which were off as much as 30 points in the Industrial Averages.

The sharp and irregular depression of 1893 came at a time when prices were the lowest they had ever been in the economic history of this country. Crop failures both in 1893 and 1894 were numerous.

The North Node was in 28 degrees Aries and moving backward over the mid-heaven of the New York Stock Exchange during May, 1893. Pluto and Neptune were in conjunction in Gemini, the sign which is co-significator of the United States, and together they were forming an unfavorable semi-square aspect (45 degrees) to the North Node. These secondary factors indicated the financial crisis affecting this country during this period. The Business Cycle Curve had started downward and the unfavorable secondary factors present depressed the curve 20%. (All secondary factors, favorable or unfavorable, have the power to inflate or deflate the normal trend of the Business Curve from 1 to 20% depending upon the strength of the secondary factor involved.)

Any planet (or the Nodes which in this method of forecasting have the strength of planets and are considered as such) which passes over the mid-heaven or 10th angle of the New York Stock Exchange Chart always indicates in advance a coming definite change in trend of Stock Market prices; and if the planet is unfavorable, it indicates a financial panic or business crisis. These warning signals are always given months in advance. Any trader buying and selling on these signals is the master of economic law instead of its victim.

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From September, 1893 to April, 1894, the Business Curve rose from 20 points below normal to 14 points below normal. This was a total of six points rise as the unfavorable semi-square aspect (45 degrees) between the North Node in Aries and Pluto and Neptune in Gemini moved into a favorable sextile (60 degrees) angle. In April, 1894, the Business Curve dropped to 20 points below normal. Saturn at this time was in 22 degrees Libra in opposition aspect (180 degrees) to the mid-heaven of the New York Stock Exchange Chart. The lunation for April, 1894, fell in 16 degrees Aries in the mid-heaven of the Chart in opposition (180 degrees) to Saturn. This unfavorable secondary influence caused stock prices to drop sharply.

In May, 1894, the lunation fell in 14 degrees Taurus in opposition (180 degrees) aspect to Uranus. The adverse affect of this lunation kept the Business Curve down through May.

On June 3, 1894, the lunation fell in 12 degrees Gemini in conjunction with Neptune, Pluto and Jupiter and in square aspect (90 degrees) with Mars, the co-ruler of the mid-heaven of the New York Stock Exchange Chart. This unfavorable aspect of Mars kept stock prices down as well as general business conditions; however, recovery factors were at work and when the temporary effects of this lunation (28 days) were over the Business Curve took a sharp turn upward. This was due to the presence of the expansive planet Jupiter in conjunction with the powerful planets Pluto and Neptune in the sign of Gemini, which strongly influences the United States. Stocks and bonds rose under these favorable secondary factors and Industrial Averages had approximately a 20 point rise in a year's time.

From July through December, 1894, the Business Curve rose sharply to five points below normal. This was a 15% increase in business activity during this period and preceded the period known in history as "The Recovery of 1895,"

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