Show liT MAY NEVER HAPPEN AGAIN Under the thc capton caption It I May ay Never e cr Happen Again a New ew York brokerage house Co paints a ros rosy and und convincing pIcture of or stocks as follows It I ma may never happen a again aln that the tho Investing public will wi havo have the opportunity opportunity of buying so much for so little Prices have havo been smashed to levels out of or kill all 1 proportion with tho the actual datable wealth possessed b by tho corporations represented by the se so- so culle Earnings are aro being piled pied up UI faster raster and an will wi grow row still further yet prices do not show it IL Blind unreasoning unreasoning foar fear a n magnification of the worst things that that could possibly happen happen hap hap- pen to American Industry alone could be b bused used In establishing present market prices Yot Yet tho s s of ot tho the country countr goes oes goeson on serenely No corporation Is kicking very cry cr materially about the thc profits on government business unless business unless Its Is of officials or- or fields are of or the unpatriotic and porcine per por 1101 cine cino variety varlet that took tho the elimination of oC their thell alleged ed gouging tactics employed em em- plo ed In Ins 1015 and 1916 too hard Dividends were wore expanded enormously enormous enormous- I ly h y In 1910 1916 but the market at Its Is flood never presented on nn accurate adJustment adjustment adjustment adjust adJust- ment nc C to those dividends dl If I such had been the case caRe prices price in some somo cases would have havo have been double the high records records rec rec- obtained Yet Ye when the tho dividends are arc put back backon on a normal basis prices havo have been heen smashed to fractions of or real worth tinder under under un un- der a n wave of or liquidation that has had nothing more than tho the Idea Iden of or the worst Is yet et to come with not a shadow shadow shadow shad shad- ow of or definite concrete Idea of ot what the tho worst vorst might be And investors In refuse to look at anything anything any- any thing but a n dark picture The Tho They refuse to see business as it Jt Is They refuse to o see anything in the governments government's tax program but the worst possible construction The Tho market accurately accurate reflects this pessimistic attitude Somebody's buying It I Is Impossible to determine yet who It Is who Is la tho the optimist who optimist who who sees a a little beyond the tho end of or his nose But nut one hears In the tho market places stories of oC steady and nd persistent accumulation that oun sound 0 r I e n to U S. S 1 The action acton of or the thc market during the post past week Is significant With Wih all al the te bear jear with all al reports that lint tile te liquidation was still In progress prices are little changed from Crom what the they were a n week eel ago so In fact they thoy are aro only fractionally changed from rom what the they were a couple of oC weeks ago Has the bottom been reached The Tho opinion prevails pre als that the market has been so heavily oversold that there can be bo no more major sel selling InS It I follows as a corollary corolan that any marked move mo e must bo be In the nature of a recovery recover And If I you will wll stop to figure flure it out prices will wil have havo a long hong climb upward before the they reach the levels le els which l present resent business conditions condi condl- tons Justify without saying anything of or what tho market might do with wih tho the first hints of or a victorious peace It I may never happen again There isn't a reason In the world why prices should continue at these levels lovel The various manufacturing g corporations arc aro going to pa pay the government millions milons mil mU- mi- mi lons lions of or dollars and they are re going to have havo a tidy sum sum loft heft over o for their stockholders It I may not occur to you 01 but the corporations have ha e been putting large largo sums of or money aside for taxes a a great percentage of which according to financial students the thoy will wi probably proba- proba hi aly bly not need Their treasuries are aro bursting with wih cash or Its is equivalent equi They are making more money than ever before And yet the investing in public has yet yetto yetto yetto to see the light light to to to visualize tho the opportunity to to to grasp the possibilities In the tho market It I ma may never happen again that such an opportunity will wil be offered why offered why not grasp it i while there is yet time |