Show GOOD INVESTMENT DEMAND NOW NO UNDER UNDER NAY WAY Recent Low Lov Levels of Prices Proved Attractive live tive to Big People b br b- Harold It n. Smoot Co o NEW NE YORK TOnK Au Aug 18 Mon Many Many stocks stock are cheap There hits has been a n good Investment demand lit at I th the Ihl re rec recent re- re recent c cent nt low level from many sources source but big bit people who have hav bi been en buying on a R ascale ascale scale ral have hreve no b been ln disposed to raise rals their bid blo on nn the strength of last lut w week lk's rally B Dan Bears ars are rt again AI nij- nij Good people are feeling for forthe forthe tor the bottom but no definite al sign aim n of or a ar areal r real l turn has hal yet been een manifested manifested- Whelan There Thorr being no Incentive for lor to 10 o 00 lo business bulnes at the inn ilin 10 It seem seems unnecessary to confer particular with otal details but relative strength of Sinclair and heaviness o of some other oils oU are arf ac accompanied at- at companied by talk of some omo new neW re reo re- re lations laton between Sinclair and Ind th the Stan dard Interests Much of 01 the present special bearish activity seems di directed dl di from Saratoga but all cli these tuo al stocks sold will have lavo to be bo repurchased some day day Morse Private London cable 1 continue to b be bl I unsettling This do do 1 not ref refer r to drives drive at Warsaw Vana but to a 1 financial crisis alleged to 10 be pend c ing The low visibility of 01 buying orders order Is ii again encouraging the prof pro pro- f lonal element to work for decline Financial News The market appears appear Indifferent Constructive new news and the tho slight silent Improvement Im Im- provement In European situation caused no more than a temporary turn flurry Good rails are cheap far cheap far below below be bl- bl low their Intrinsic value values and and b be picked at current levels I ISI Mill SI Ills Secretary of or the Interior Payne has hal I ruled that tha th the tho oil 01 leasing act ad went Into 4 effect Immediately when signed l ned by bs bJ President Wilson February bury 25 IS last lut A number of or technical questions question had L arisen arllen affecting more moro than lease leanet I which were granted In the w f days day I following the tho I signing of the la laws W.- W. New York News New A few loans have bc been n called calel BO so lh tho for money Is II little larger now but It I I. I till still rather uther Little Little- tl small E E E S S. LIte |