Show EXPECT CT BULL BUL MOVE I i TO lOBE BE t t c t Ca Campaign Has RasHad Had Little Ef- Ef Ef f feet On Stock Markets r. r j of Country NO STRINGENCY STRINGENCY THIS FALL 1 o 1 Debt At t. t EU European OPE t Be e Wiped 4 Ou With Millions to toj j M the Good 1 YOrk Aug 9 Tho Tb bull move move- rn lii the tho bul m lu stock market shows hows no sign o Of abatement and It h Is generally c conceded that nothing can cui 1 check it accept a 0 change han e in tho tim monetary situation which does docs doc not appear t tp be imminent I Much has jias been leen made mado of oC tho the point point the tho rise in 11 securities Is mere disCounting dis- dis discounting dis I c counting general trade improving ahead Cautious bankers banker hold that tho the advance has already gone to such I lengths l that It i has over dl discounted I j t a any amy improvement that even e cn the most moat optimistic can say s la Is Im In 81 tight ht The ho prices of some Bore stocks have havo discounted I boom times and arc are swinging even cen above the level of a car When o bo le el a year ego ago their r earnings and dividends were weN I much larg larger Jar r than at present This is dulled aUed discounting gono mad mad and It Iti J I i lia has had much to do with the tho advice to Investors tors tp hold oIL off or Another factor actor In the tho speculation th that adds add to tho the feeling of ot distrust as v I pi the permanency of ot the rise ilso Is Js tho the 0 Jr of bull bul tips Ups It I Is IH true tue many of or- or these have come ome truo true but shrewd op Operators rl regard urd Ull this fact with wih sut SUt- SUt sus- sus as ts It I Is I axiomatic tc that an In- In j q strong market marJot needs J no thia character J 1 Hail J J m CL J Scare arC r. Ti H std stock K marKet had mild no a a. crop r r C but ut tho th rahl ranft J f i M Ui 0 report of ot J i y J lr in t or 1 lS as ll ll L lo lt M It r r crop rop op abroad l l t r so in J advancing advancing- n Ih so has lias edby b UH t hm com com- tt com com- J J i m u cl o fn nr the the- JI rate will nl e dec td l at lio nu no Is 13 p d r l' l the lie f fact t that Ute tm- tm J tf n lc vas s t 3 pw bi nc to o S1 t rV w thi T r ort 1 I 1 rt 7 I tnt 1 r t 7 r Ir sf L t. l 2 r. be cIT I 4 r t tt f t r t I r f bt t or n. n i i 1 t r t JJ p M Wo Es e it tt l aa 1 tL u kt I w l money 1 r 1 lh although u t th tP l I Is Unit lint i in t fc 2 wilt will t rii ri mod QT Uly rom m now flow Until after lh t th iii th the year ca cn r. r InG like I 1 i 15 expected 5 HO NI far tar n i ts this thi J tl o l 1 1 Abroad tj t ar Ji r 4 ruy j th fur the tO pon Ol Ola o a ot ov 1 which which ba has bat boon been n. n t Jorl J l This 11 I is heJI u ibn or if lh the gold U to be lb 0 oll P t holdings U 1 P up b li l tl tin JJ JinT ot nC e France c Although G cerin rm and pos pos- O K 7 l 1 ii h exp ld d 1 11 in this loan none nono Is h. expected to pc pc- offered in this countrY bolo below tho the declined l Foreign exchange dow fur fui- geld export cOl l lOSt last l week work and ad ur- ur JOhl this country countr from fr m t thor er gold tor 1 o aj-o I. 0 goll as US Improbable h 1 Homo Hom banking banking T people are aro aIU already The talking of gold Imports this full lulo ho 1 Johl Instead of or owing feint Is is 18 made that between ut at this time l l OH UN usual our out pres- pres and an 1300 Is 18 estimated te at it between ont mt debt t re and anU estl i Will 11 Wipe Out Ol Debt eb Our exports lf of cotton coton grain an and other quickly F commo commodities out out r this Is debIt expected and build to that rO result In tho up return a crl credit eA or of tile ll bulk abroad of ot i the the this ul M Min yea year I 1 in In gold Jold old ia on OIl so fO the tho the fur far outlook sent that predictions It 13 or of I easy money rates the fall fal are ar has cd ealY This will m meal there curE cur- cur will willbe wil wilhe of oi tho lh now emergency lc he no 10 notes this year er E been heen no on of or an any riichi bus ll Interior of currency to tho the In outflow this l nor nor- nO j time Banking about begins mol the tho outflow still say ay that r l authorities U will bo be below stil tb yearly aver average o do- do 10 wl the tho olow in lunt harvests Indicated T 3 3 spite Reports o Of steady stend p rS In I have plentifuL trade originated from spec spec- but i av SS lut Interests a anil tl their At the same h has been substantial tim r are nrc many mun and time tho only olly it f Is much Importance gait gon- that too to them and thuy thoy amby am v t fraly attached general ruou h to by nd nd and boom times ahead cute cate ProsPeritY ano be kept carefully s sS fact eri bourl r The Is only natural natural nat nat- In that that Itro trade and S countrY's ural after acor the tho been cut IOWa down Sr from 30 commerce SS bad cent ad In all al important lines to per panic i i after the October panic |