Show OPINIO CHANGED ON TO bill BUI THIS sometime ago I 1 wrote about the advisability of buying when the bot hot torn was hit sincerely thinking then that the bottom had be been an reached in two of our important industries sheep and water stock but forced liquidations have poured in on both dumping on the market forced sale after forced sale driving the market even lower than when I 1 wrote A sensible man changes his ion ton a fool never the only thing I 1 have to say in support of a former opinion is that I 1 then thought the bottom had been reached or near enough reached that it was advisable ito to buy now I 1 say when the bot torn ton has been reached BUY and leave it to the judgment of each to decide when that condition had been reached sheep that the owner deeply in debt is still paying tor for on a pur chase price which ranged all the way from say 11 to 14 wont today sell for 6 and bogles out of the herd at from 1 to 1 50 2 and some very good sheep at 3 bankers and money lenders are forcing settle ments continually and old heads in both businesses banking and sheep raising predict prices may go still lower seed ac 7 8 or so whereas in our best year the unheard of price of he was gotten once on common and we have frequently enjoyed 18 22 and As to land without water the original carey act iwas was 50 an acre melville or deseret land 2 so 50 an acre improved we saw it run up to or more today under this de that land going back into non cultivation or back to the brush as we say locally is coming down so fast in value that no one here dares to predict the final figure water that was 30 a share today can t be sold tor for 4 buyers scared seared of it at that price other water that reached in the sales campaign 70 fa Is now 10 9 7 and offered today 5 potatoes in some localities about 10 a sack but I 1 still say when the bottom has been reached BUY decide in your own best judgment when the bottom has been hit and then grow rich buying in and rising with the waves of prosperity sheep will come up a selling campaign twill open on lands when the time Is ripe water will stabilize how we all like to hide behind that word well we 11 talk up not down and sail on the high seas ol 01 money turn over the main industries of this region seed sheep cattle land water are low too low has the bottom been reached 9 when is the time to buy we all know that when that time does truly come buying will be very profitable to determine just when that is Is the hard thing to solve the man who sells to day is a heavy loser maybe the man who buys isn t I 1 change what I 1 said before from now is the time to buy to when the bottom is reached BUY FB |