Show LOW PRICE OF STOCKS the past month has witnessed a decline in nearly all classes of mining securities and this has been especially noticeable in the eastern markets the drop in price however has not been confined to low priced stock but to gilt edged and dividend paying securities as well which goes to show that mine conditions have had no bearing on the slump on wall street the depression had been the most marked although the local market has suffered in sympathy to some it is more than a mystery that securities in mining companies which are heavy producers and which pay regular dividends should suffer as they have but there is a reason and for this reason the uninitiated should not feel timid or worry over their holdings for the sun will rise again for some time past the stock market has been buoyant more so some are inclined to believe than intrinsic values vv would justify and it was at the co moment when high had apparently been reached that the keen operators of the street began to unload quite heavily the supply soon exceeding thy thic demand prices began to slump clump and more they kept on going down until a panicky feeling began to prevail in hi investment vestment and speculative circles the bottom has evidently been reached however and those who were sellers at high tide are now beginning to load up again at low ebb no one need be seriously seared scared or seriously hurt if they will but observe the signs of the times high and low prices come and go in cycles the a average V investor finds it hard to bring himself to a i frame of mind where he can sell on a declining market and he never wants to part with his holdings when stock is going up for he always argues that it w will go still higher now however is the time to buy for it is believed that the market will begin to advance in the early fall and that the crest of the high wave will again be reached |