Show ECONOMIC highlights according to some ot of the experts the urn upturn in tile the stock market was the result of a heavy sudden influx ot of foreign money into american se fare gri capital so tile story goes took the view that values value were at extremely low levels and that the market was a real bargain coun counter terr the ilie foreign tl fl ri ancial larason ln In rason gave a surge of confidence tto th Ivel bors who began buying then the investment trusts which had generally generall Y been out ot of the market for some time waiting for what seemed the low point stepped in an aid the in major ajor nise irise resulted the gams have boon been generally held with only minor re notions on the basis of ahe the latest quotations at the intine this column Is written ot of the cause of the stock rise there are some welcome agns on the business horizon to indicate t that hat it is justified by the po ou of commerce com merca and industry the have not gone tar far ahead of 0 their spring lows as yet yei but the oie tangible and intangible faO factors affecting the late summer and cfall outlook are definitely improving theme there are sound grounds lor for argul pg that even though like a boom can be anticipated the bottom has been passed and that the last halt half of the year W wll 11 he be substantially better than the first the tae upward trend in the view of most authorities is due to I 1 uteri in august otter after the traditional july shutdown shut down in various industries dus tries notably the lie automobile and to continue at a slowly accelerating pace I 1 ot of great significance is what seems to bo be a improvement in the state ot of mind of some busness busi leaders who are gaining the dp alon that the cycle Is due to start upward again for mow how long iong no one knows and a conAld erable amount of 0 capital ii coming put ot of hidi ing S Sl imming ang up best guess Is as that aou vay wll slowly improve but that there will be no sharp upturns lit the production andes no one believes we are ou on the verge ot of a boom as aa we were in 1336 many believe that progress will be con consist ast dst baly made but that it will be hard slow going go ng and that there is rio immediate prospect tor for regate ini ing 19 levels many feel that security values have come up about a as faras they will ifor some time I 1 baad ad that they will hold to about ire fiur rent level |