Show t t t t f f Optimistic Factors Pact act rs PI Plentiful et i u I I I J r By lr C. C C. C Tichenor I A A rAC FACT quite noticeable b of late is ti that t market arket l letters iss issued ed by y Jr Eastern Easter brokerage houses are arc beg beginning DIg to display on the whole c a dec decidedly more optimistic spi spirit jt It is declared in the e latest review issued by E. E II H. Clarke Co as ns an example that if If w wo f look Jook i far far ar enough beneath t the surface wo woW wo con discern optimistic factors I f aplenty plc and I It I J. J becoming Increasingly evident that tho the days' days are I I an end t The Jeter letter after declaring declaring- that tha so 10 popular has hM become te the pastime of t. t showing g up up uI the tho dark dark spot spot that It Is ta Int e to take tako a D sur survey y ot of the dally duy i ne news ith a view to picking out evidences of ot betterment enumerates enumerate a number of ot such auch Incidents These Theao Include the tho official announcement that July sales e of ot automobiles automobile are running ahead of ot June June for tor tho Iho hD first firt time In fn Inthe the te tile history of ot the motor Industry that the largest factory In th the country Js ls s sex ex exceeding al all records of ot production that that the largest argest cash cah register company company's s 's f e. e eales galea ae are ao now greater than tian ever betre before and that department stores in the p. p New York Tork district arc selling 10 p per r cent more In quantity of ot go goods ds than they thee were in the corresponding period a year ago alo The Tho let letter er concludes 8 Taking aking it J all al In all RI then it i looks Uk lik like things are arc ar picking picking up It I Is t true e ethe the represents the bright side of ot the picture but w we have seen so 80 many marl portrayals of ot the reverse revere side Ildo that It began t to look ook as If It we were In P tor tora a Ite steady dY period of ot We Ve believe however that we can cap confidently con con- look forward to a gradual but steady dY Improvement from now on p and end If It be admitted stocks are arc a bu buy I Ik k In In n this connection one ono must not overl overlook over ok the opportunities In the good copper opper stocks and nd no Investment program Is complete completo unless provision b be made mad for a good sized commitment in these Issues It I has been noticeable for some omo time that when the general generl list sells els off copper stocks hold firm fIr The he low Jow point seemed to tu have o been passed few point a a weeks ago and End there thero can car 1 t be no question queston but but that liquidation has been completed Amongst the other othe favorable factors that should be bo helpful to th the I coppers e Is 18 the cut In steel prices pries and the tho fractional decline In brass bras goods good foreign reIgn inquiries are Increasing with Japan perhaps the tho principal prIncipal factor In v e market Germany has not yet et appeared to any extent In the tho copper market but it is expected that within 1 the next next few weeks the German brass I and wire works mus must make their requisitions as oven oyen under present adverse i conditions Germanys Germany's consumption o of copper is I about pounds a month mont r Things are on the mend ar Credit adjustments are ara being made the financial world Is Is' mending its Is fences and elices-and and there thero Is an enormous pent pent up d demand mand for raw materials tor This This' means the resumption of ot normal activities a condition co that brings better times and times better stock markets |