Show r Breaks Silence IID r I ID iI S kY W. W C. C DURANT DUBANT DURANT DENIES Auto Maker Says He Is 15 Bull on America ADMIRES COOLIDGE Gives Advice on Stock Stock- t. t Speculation tion NEW YORK Aug 28 8 AWilliam AP A- A William C. C Durant automo automobile lle manufacturer man mans and stock market oper operator opet- opet ator at r just prior to his departure for Europe on the Majestic t today day broke brok his long silence regarding reg life liEs market operations by de declaring that h he was a bull buil on America and American Institutions and an admirer admirer admirer ad ad- of our worthy president and nd hI his splendid administration For IFor sev several we weeks ks pas trem h l and fn n n- n 8 t an o n market t activities ted by by m me e have been printed and scattered broadcast over the country he said These reports were intended to influence market fluctuations I 1 Iwas Iwas was not in a position and too busy to deny of my opinion of the market and In answer to many In Inquirers In- In If securities are carefully selected and represent sound values a person If It he cares to may take a trip to Europe and nd not worry about t te e to day-to-day m market changes which are often orten Influenced by manipulation rather than nan by legitimate supply and demand deman Stocks like General Motors oro tors and andU U U. S. S Steel need no individual or syndicate manipulation to popularize popular popular- ize the Issues Good earnings good management good products enormous enor enor- mus cash reserves sound policies and practically unlimited resources and credit sooner or later give to such stocks a proper market marJet value and a substantial public investment following To the individual speculatively Continued on page 5 DENIES f. f BOOSTING STOCKS KS r T If VL Continued o from page 1 inclined who is la in the habit of folloWing followIng following fol fol- fol- fol lowing the professional bear con- con the following suggestion might be in order If you do not think a stock is worth the money Jn n ri my mj opinion it is safer to leave it alone than to sell it short |