Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1919-03-15
WALLST. SEES
OLD-TFlME BOOM
Public Participating Ac'
4 lively in Million-Share
DAYS
ALL SECTIONS BUYING

" New York, March 15.--wall street has
been experiencing an old-time boom in
stocks. with the public participating ac-
lively In million-share days The fact
that the public has given such enthusi-
astic support of the stock market is re-
garded in financial circles as bearing a
sreater significance than mere wave
of speculative enthusiasm.
1t reflects first of all, the confidence
OF the public in the welfare of the
country at large, for it is also significant
that this buying of stocks has come from
All over the country. The basis of pros
perity is confidence, and II would seem
mat the American people have sized up
the general situation and have come to
satisfactory conclusion.
Production of manufactured articles
has slowed down to some degree because
OF the uncertainty of the attitude of
LABOR and the hestancy on the part Of
'nanutacturers to accumulate stocks
during transition period. In a num-
per or lines the renew al OF demand ha C
inade 1t necessary TO speed up TO carac-
J ity again.
ohice Space in Demand
There are one or two s,raws ind,cati,e
which way the commercial winds .re
piowng which perhaps have escaped the
attention of the orlin,,,.~ eI,.,,','. '''e
,nand for office space. for instance at
least as far as New Y,,.r, is coroor,,.,,
exceeds the SUNNY, and II i 49,, ,,,..,..i 80
thing for large concorp. 1t. ,, "''
has outerown tbair nra,.io,, ...i -
find themselves bo,,rol -. 80 'ei . "
different b,,i11irna -, - W. oI lllIee
whatever snsca 10 Co",e" 10 take
This is tbs evnorio eo' -NotaoiF
tif1ed with arno.t VI concerns lden-
Ano,hon "a. BUSINESS.
tba Iarao .,'Io - 'he TACT that most Of
- e., type riter concerns are three
,at,..t., HNs "ehthd IN their deliveries,
- '"liufls the taCt that the war
.n M oeeh over LOT three months and that
e urgency IN the demand from GOV
,,,, 'eht sources mas long since ceased
8 ne inference is that the expansion of
.o,hmerclai business has Immediately
taheh up any slack left " the cessation
OF war orders, and a continuance of a
uei1and Tor typewriters certainly is not
business conditio. 'uS iet-uo"n IN
Money is plen... ul nor o,1,. -
money market sense, but from +ba e,n+
that the people at large have r1ore
money than they ever had before Dis-
cussing this subjct, a prominent and
conservative member of the Stock Ex-
change said to the writer a day or two
ago.
me country is fu'l of war-rich peo-
Z PIE DO not mean this in the sense
oI persons VINO nave accumulated vast
tor'uhes' put IN the relative sense of
,. .hose VINO nave Deen accustomed to
iiyhhs III iIooerate circumstances nnd-
ins Themselves io" wen 10 40 some
4 ~, .nese peopie aie VI cou' Dc, sPenuihs
,i ,no',es 'nJutiIeious'S ~ pe'
''e I-.- e,., ~, ,, na .'s Iaau d
...s,, VI .mu so 70 ,,on'.a,. ntu - s. ,oS ~;
6 ..,,,, ,,,aiv ,o,,,,,.an,,,ired ,yao,,r nc
4 .ss,,,,, .hai, ,i,aI .r,d sor,,ra az,
,,,e.,,ata ;ot,rn ,bi,Ik tbis 10 one
sasnn ,yhv industr,a' securities have
naen such n fayorite form of investment
an recent stock market operations. They
have heen bought bv those who have
wade their money in Industrial pur-
s,,its and who. therefore. understand
tba possibilities of industrial enter
nrises