There is, consequently, little or no reason for the public at large to take too pessimistic a view of the situation: indeed possibly the ree verse might be more accurate in the light of all the facts. Genuine Investors in gilt-edged stocks and good industrials need feel little anxiety, They are certain of good dividends for the current year and litre fallin values is to be expected, Speculators who are prepared take up what they are buying, ara probably purchasing, as rates stand at present, at cheaper prices. than they should be able to obtain in th near future, as, though prices may still go lower between now and December, these prices will only represent transactions between part. Jes, squating off previous account consequently more than likely. that new operators will find. it dificult to buy through reliable sources at anything near. the gures. Other speculators who are expecting to reap a profit out. of the. present situation within the next four months on margins would be well advised to move carefully, The situation is obscure and by no ud to wait a while,
Text read from the printed page and cleaned; old type leaves the occasional error.