Show Pessimism Very Much Out of Place By Ira IraC C. C Tichenor Tichenor- s business conditions throughout the country as as' as asa a aV CONSIDERING C V whole it t would seem that any ny display of pessimism is entirely out of place This is true in relation to th the market as s it t applies in various trade rade centers including Salt Lake It is true that there has been experienced in Wall Walt street a cessation to toa tot t a a n. considerable extent of the purely speculative business but but this is a cause case of congratulation rather than regret as it was an unhealthy condition at the best and its passing has enabled the more snore legitimate investment interests to operate on a more lore substantial base In respect to local conditions attention frequently has been called to the fact that the amount of business being transacted on the Salt Lake exchange is far in excess of that experienced at this season of the year for many summers and that everything points to a genuine revival in trading rading with with the advent of fall tall It is generally admitted that the price level on the local exchange is much lower than conditions would justify and it is confidently believed that the investing public soon will awaken to the fact that there exist many opportunities for picking up real bargains both as an Investment and from froma a speculative point of view V The improved situation of the market for stock Issues is not not confined to to the local 1 exchange There has developed within recent recent months a gen genuine ine demand for interest bearing bonds and this demand has increased to such an extent that Salt Lake now is regarded as a real investment center In these days of necessary readjustments readjustments- of various kinds there is e certain to be experienced some unrest among the more timid business men and investors but those who take a broader view of the situation and laugh at occasional pessimistic utterances are the ones who will reap goodly trade rewards |