The Boom, the Slump, and Possible Values Much has been siald and not a tele written during the past few months on the subject of the plew:- fant and strong position in which] the Ewo Cotton Mills, Ltd., finds Wtself, Due, not entivély to topee of circumstances (demand, commodity prices ete.) but, in 'a large Jaegree, to successful management.
"Now, what is the real position in Ewos? To answer this question Jeorzectly sand without fear of con-[i tradiction, one would require the feeacity tthe mythia! Sherlock johnes.
'The opinions, therefore, set for¢h in this article, are considered ones arrived at after conversations with' responsible men of business, To commence with, the opinion is expressed that Ewos are wor! to-day something in the neighbourhood of Tls. 17. In this connection it is worth recording that when quotations wore in the region Tis, 21, responsible banks were advancing as much as 89 per cent. The shares roached something below Ts. 21 0 few wacks ago after will speculation involving tons of thousands of shares. Then came the inevitable reaction, and prices collapsed to the vicinity of Tls. 15 and even under. The result is thut sumper of speculators find themselves in a precarious position and unable to meet a given settlement,
Text read from the printed page and cleaned; old type leaves the occasional error.