Show TRADE STATUS NOW HEALTHY Over Speculation Orgy Or Past Pact IMore Business Becomes I More Stable StableS S lr J STU TU o HT HT RT P r r P HI l lent ot of 1 Stand lard rd 1 Copyright 1925 1 2 by The Th Associated I Pre Press Association NEW V YORK 14 TI c Th collapse In th the wheat hent market of- of feeling corresponding other grain has hai ha been ben th the tho chief C Incident I dent of oC the tho lost last sm week ek colt In the tl- tl fi financial situation There has been little In iii cotton cotlon In bond 1 or In the th foreign exchanges Stoc Stocks I Same 11 e been Interesting because b of at more Interesting disclosure of bat hat has hu ha been ben tor fot some j pait tI that speculation reached It its peak pek two Iwo months ago and such auch effort s u as halo hato been ben been made since then on on tb the bu Ing Inc tide side base beer In the th nature of at attempts attempt to tol l olster a n aVa wanIng Va l ca rau F OTOn I IN nl RISE E It I Is admitted more mOra freely freeby non nO than It was wao a while ago arro that thaI the th campaign which started alter after day and which reached Its climax at various stage tace Inc dur-Inc dur- dur during ing the put pOst half halt of oC January wa overdone In th the first place It took altogether tb r too much for tor granted as to what was waa lIel to happen along alone the line lines tinOs of at business expansion and Increased prot In th the Ibe second place toward 10 rd the end of oC lh the period It became becam n a amere mere n mere ere speculative e O gy sight Ight of oC th the tho real value alues anti and pushing at a pac pace that na 0 was absurd Certain Individual operators and Pool flushed n with Ith success ucc n ore re I I t ng n up pries recklessly their I only allon being how hon far Car their operations operation could ho he h carried be before Core real offerings o ot of stocks were svere encountered This was nas the he sort sorl or ot of thing as going on a 0 good part of ot De December Dc- Dc cember which became In the first trat few Cew das of oC January and then beg to taper off oft HEALTHIER V SO OW The present Is I healthier er Sr There Ther have hav been declines to lo ioner figures Tho The public Is I no longer rushing In to buy Even the Wall street treet professionals have I found during the th past week wel that the maneuver of at putting up Serious selected stocks stock In tn an attempt to start tart up speculation on ona ona ona a large scale cale h has failed As to Is a th the case under such inch cir circumstances cir clr- circumstances there ther ar are many who wonder why It II I is that stocks tock can cango go down en while reports report are favorable and nd all au- au u are red agreed that the th po- po position po position I Is sound These The are the am same people who ho cannot under under- understand stand tand In a period of oC nen no encouragement I Is ii held out for tor an Improvement how tack stock exchange price prices hosing having hada had hd a 0 prolonged l break do not go down farther still EXPECT S riO S It la is I of ot course course the ld Id cas case of time the stock ock market markt ahead ahad or of business and x exaggerating its fluctuations fluctuation In both n Thoro Thero has Seen ben a substantial gain or of trade during th time the l last st six Ix months and especially sine the result appeared d to hold huld out a 0 guarantee for fou four our r vears an ars to come that Industrial Interests are aro not notto notto notto I to be disturbed by hostile legis- legis laton laton But the he trade trad movement since Ince D cember 1 I has hIlS ha no not 1101 lived Il up to I the more optimistic expectations 1 or th he most moat corporations earnIngs are on tho the mend nd but It has loos tobe to tob tobe b be remembered that a 0 great reat deal toI I must be mad noade up U Uto U to lo overcome the tho losses of oC 1924 1124 It IL I Is a question whether t steel 1 1 has haa not nOl passed It Its top and whether hether high high- higher er r prices which h are arc to be at- at attempted at attempted tempted d tor for the second quarter will b be successful COPPER OIS Th The Tho copper developments dov are aro certainly disappointing with the drop In th the metal Irons from 15 IS to 14 1444 I cents cent whereas six months ego 1 much so as being made or of o the European Europe settlement and what nhat ht this would mean man In III the thenay I nay ay of oC Increased demand and nd higher r price prices Th Time The cotton trad trade after after a longer I period of oC stagnation Is still bank bank- banking ing log mor more upon a galling falling oft off In InI next seasons season's production than It tl I Is upon the th sounder ground of oC t larg larg- larger larg- larg larger larger I er world arId consumption The Th wool woolen en n Indu Industry try has as failed to realize hopes hope some som times lime expressed of I betterment |