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Show A Natural Advance Those who assign the so-called boom" m industrial stocks to speculation specu-lation alone, overlook the basic elements ele-ments that cause a rise in security prices. Price in everything is controlled by the relation of supply to demnd. We lead the world in wealth, in industrial in-dustrial development, in Tage standards stan-dards and in practically all "material phases of modern civilization.. We have more people with a desire to invest, than there have been suitable investment opportunities. It is th old case of demand exceeding supply Consequently, prices of the belter class of securities have risen. Not every stock which has soared is worthy of its cost. But, in general th? rise in the prices of good American Ameri-can securities is the natural result of our industrial growth and a standard of wages and living that makes every citizen a potential capitalist. |