The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-05-20

md subsidized. the market Wpult De
subjected TO another period ~ re-
nction. caused hy tho rstlaing
activities Of the professionals. WHO
have always been on the nictt 60
cash In the profits Obtained lv
such nm advance a. the steel stockn
acquired In last weeks feyerish
bidding upward OF prices.
The air o. mystery that sur
rounds the contamination or shch
Important denls M the bringing
together Of six or sever big enter
lprfsns involving hundreds of mil
lionf Of dollars makes fertile ssdi
for the propagation OF rum-,- OF
all aorts. resulting mort oftsa IN u
series OF wild a~ppraisals OF Htoclts
which are the features OF sDecu-
ibtive markets. and iEhornnt IN
vcstors" VERY often ovefatco the
hounds % proprleiy In reachlng
out for stocks, the value Of which
has heen little affected isy the
new Developments. In q nrast
many caseH projects witch wcrS
prolific promipe~ hnvo fnfle..
completely and stocks % tbs com
pnnits have been not one whit
more valuable than when u
lpians for such we're nrieluaily con
ccived IN the meantime. the pre-
fcaslonnf traders have niada their
"mrn'. and the outside public has
the benefit OF a very valuable cx-
lperiencc.
The stock market this wee- mas
been gradually recovering from
the Misrepresentation OF last week.
Hand price, have gradually been
lrccedinx from the high l~vels in
ducad thereby. Most OF the mar
lcet commentators refer 90 Tits AZ
la .'hvalthy reaction. a fact that
IL not much appreciated 10y tnose
who are holding the stocks while
they e steadily slipping back.
Majority opinion stin leans 10
the conviction thai the market
has seen only the beginning Of the
real dun movement that will
Eventually carry the prices fr good
industrial n railroad stocks to
, n level that corresponds more
closely to hat which prevailed
when current business accomplish
ments and future prospects were
, Identical with those which pTsi-
vHil at present. An eNrnus,tNe
. denomination and comparison 81
prices VIII show that. while In
some instances the for ward swing
In prices has gone far 10 bridge
this zap bctweeu potential and
4 market vnluer Of active rtochs. II
obvious that much progress
needs to be made niong thee
, Dimes before the process u roni-
. pleted. Temporary reaetionl will.
of ,ourfe. occur periodically. b1s
thus far the market has shown a
. consistently upward tend enry.
! business Progress
Conservative business nen aud
LIN lara at NANa Aanf0F asa uUaHNt-
= out exception OF the opinion that
the period OF depression has final
- ~ passed and that substantial
u progress Is now hcing made to-
ward normnicy In all departments
OF business. A new cycle ~ btfi-
mess has been entered upon. and
!. while this will be temporarily 70
= nrded By such adverse conditions
NJ 90 coal strike and other SIM r r
industrial developments. there Is
unassaiiable evidence OF the steady
!. expansion OF the commercial and
y financial activities ~ IN. t-pre-
= sentative business enterprises al
1.-The country.
Current statistics or the steel
copper. textile. railroad, ciothlng
y and furniture trades present n vrry
u optimistic outlook for the ina.
y mediate future OF business In these
important departments. not oniy
Z. from the Etandpoint or domestic
X sale and consumption. but sys
ner OF broadway and Lead ayeun,
~ there will be the regular servic'
e OF worship both morning and even
Ing. Bible school at 9.t5 a. NJ
followed BY the HOO o'clock er
vice, where the following program
will be rendered;
Prelude.
r.. poxoloKy,
Invocation.
Hymn 220
&c Responsive reading.
Anthem "cotne Thou Almlsht
10. King Lorenz)
Morning prayer.
:" Offertory; Qnartefte. when
=. think Of His Love for me-" tAch
I'll leyl
~ a Gospel message for the dea
y cons.
Invitation Hymn i4T.
Bcnediction.
Both Senior and Junior ". v. I
u. VIII meet nj 1900 o'clock. FOL
" lowed by the $500 o'clock servic,
consisting OF the following pro
gram.
Orchestra.
n Hymns LIS
Evening prayer.
y Anthem. "a Hymn of Trust
m Bssis Readers aulss-n.
=" l.. 4.
A., Hymn DC.
Onertory.
A., Discussion Of topic: How Mu
~ We Confess Christ. by H. y.
l..
Invitation Hymn 80.
an Benedlction.
- First Congregational Church
Corner Coal and South Hrondwa
Harold 4, Davidson, IN. D..
.n. Minister.
III Residence. 62G South walter.
oil Church school 40 10 o'cfocl
rharp.
~ Orchestra rehearsal az 9tfS.
Morning service at n a. m. sui
juct OF sermon. s'Splritunilnm ar
III. the Gospel The cholr. under ~
direction OF Mrs. William I
by Jenkins will sing HINES "con
Unto Me-.
not Christian Endeasor at 7 ,. y
aes subject. How Can We Help o,
are church and Get Hslp From III
nfa Leader. Cc0Re Bollman.
Evening service al 8 o'cioc
fThc story Of The recent confereu'
or nj Gallup viii be told by some