Show I Chance of Investment By Ira C. C Tichenor TT 1 IS JS not Dot necessary for one to be a student of finances fiances Tt I to o discover the fact that prevailing conditions offer ofer e Honal opportunities for investments almost regardless t character and including real estate and rind stocks stock and o 0 descriptions various t nd js of ot t Merely a A clance glance at th the tho prevailing market quotations speaking particularly of ot bonds and stocks and taking Into consideration m n more to p lo low buying power of ot money for tor commodities Is I all that I l. l Is tb II rY to prove oven even to thoo without a n knowledge of ot financial Int n f cles that conditions ao ac e most favorable ta for Investments Investment Without a a doubt the tho situation otters offers the Investment In chance of ot S J lifetime As previously declared thero there can cn bo be no doubt that tier er or later Inter thero will wf b be be- experienced a material relaxation of or I one ey Y rates When this change takes place tho the value of or an any i Jone come me Investments will wi advance as n the price of ot money recedes It I is certain certin too that when money becomes cheaper the kot prices of ot various kinds of ot bond and ad stock Issues will wJ advance d-ance d ance In proportion and possibly to an extent that will wi er carry far fa above tho the best bet previous figures I jem There can Cn be no doubt that to some somo saro extent the change chano already F under way The Indications are that It I VJ will assume a n gradual f course curse vise yet there thero always ahva's exists tho the possibility of ot sudden market changes canes that would result resul In a skyrocketing of or prices As s declared u lo iO a recent market letter of ot Charles A. A Stoneham l Co the mountain high obstacles that loomed up so menacingly months monts ago ego are aro gradual gradually being robbed of or their sinister aspect and we find that In tho the actual working out of ot these problems the tho direful obstacles that Imagination had conjured are aro not not nearly so 80 dreadful as we first anticipated While It I must bo be admitted of or course there thero aro are many aspects of ot the tho situation that will stand betterment no one can deny for tor a moment that unmistakable In every er c direction has ha been distinctly visible since the te beginning be inning oC or the tho current year Tho The problems of ot labor and diminished production of ot coure course are arc still with us but tho the point to remember Is that even the these phases phases perhaps perhaps the tho most difficult f In iii I tho the entire entro situation situation have h e have during the past tow Law months montha shown decided Improvement Each day that goes down dow Into Industrial history finds us nearer the tho goal which the tho greatest minds of ot tho the thod d day confidently proclaim Is tho the ultimate and Inevitable destiny of ot this country a countrY a place of ot commanding Importance In the tho greatest t- t commercial and industrial ago age tho the world has yet et seen Precedent In tho the stock stockS markets as elsewhere Is not an Infallible guide as ns vo wo we all know but In considering tho the particular conditions that havo have surrounded the market during the tho past few tew months months months-In In fact ever since the brief briet activity of or tho the last upswing earlier In the te year ear It I must be admitted that wo we had a situation that was 8 by no means mens novel and such a 3 one that has many times in In the te past resulted In the practical suspension of ot trading and the consequent sliding off ott of or prices The Tho Inertia of ot days I therefore was not extraordinary nor nor was WS It unexpected unexpected and and Indeed experienced traders with wih tho the lessons of ot the past I in mind ad of or being alarmed by the tho temporary price reductions took i advantage ld of or them realizing the I opportunities of or the bargain days of ot depression knowing full ful well wel that sooner or later the pendulum would swing back the tho other way Naturally the market market presented a a most most discouraging aspect to those committed to the te long Jons side and to those who tall fall to tal take e Into account account tho the thor r fact tact that once the primary cause of ot the tho stagnation was WS removed the tho inevitable rebound occur They failed to grasp the fact tact that the uncertainty regarding the candidates the unsettlement incident to presidential year Cr and tho the subordination of or public Interest to everything save savo this particular and interesting phase of ot our rational life life life-a le-a le a combination calculated of ot course to bring about a deadlocked deadlocked market com condition could n-coUl n could only n boo boot bo be t temporary W h the conventions now a a ama ma matter cr of or history an nn entirely different picture Is la spread before us Uncertainty and gloomy forebodings U are tre relegated to yesterday esterdy and In its It place place we havo have a a most promising prom prom- li ising outlook a R growing tee feeling of at confidence and unmistakable evidences of ot a constant betterment of at industrial and financial conditions Indications there are arc aplenty that disregarding things poUt poUt- ally aly entirely the tho market has definitely turned for tor the tha better beter and anda a good tood steady long jong period of ot hardening prices Is under way Titus Time and again during the past few tow weeks the tho nonsuccess of ot bearish barish arsh attacks has hB revealed a strength that could only bo be present In In ai an a entirely liquidated market Tho The improvement ement In foreign exchange the thc loosening up In the credit situation and other minor but equally as constructive market factors have have shed the light of ot o optimism over tho the situation that Justifies tho the belief oft of expressed In ia these columns that a n now era pf Pt market activity was only a question of ot time Conditions affecting the big Eastern markets market prevail to some ut extent nt in t the e lo local al bond and ad stock markets It I is 1 confidently declared that never in the history of ot tho the local markets have there teen been n offered so man many real bargains in Investment Issues and 8 speculative stocks f There Thero is evidence too that the Investment and speculative public ha has ha been and no now is taking nt ad advantage ge of ot these opportunities to an increasing orient as indicated by the strength shown by the thel l market for some lime limo |