Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-01
RETURN OF PUBLIC
TO MARKET IS SEEN
Recent Sessions of Exchange
Reveal Expansion of
Trading Range.
BY LEMUEL r. PARTON.
Special Dispatch to me star.

Special Dispatch to The Star.
NEW YORK, April 1.-While VIM
ter still fingers in the lap OF spring,
optimism is budding in the groves OF
ticker tape, where one plants one DOL
lar and reaps fiye-maybe. The m
vesting public, meaning the incorrlg-
ible gamblers or the sagacious investors,
according to ones point of view, Is out
again, venturing cautiously, TO be sure,
and shivering a bit in the seasonal
hangover of Wintry days, but never
theless taking q chance.
The New York financial district to-
day is beginning to look like OLD times
with amateur SPECTATORS returning 10
brokers officeS, stenographers diving LOT
the financial page before opening One
mornings mail more requests for tlcKets
to the Stock Exchange gallery and fresh
gardeniaS IN the coat lapels OF the more
dashing and histrionic operators who
shepherd the lambs in and out OF the
market.
Luxury shops.
Luxury shops are beginning to re-
port q slight response to last weeks up
turn of the market The manager OF
an upper Fifth avenue jewelry store,
one Of the most luxurious shops in the
world. said today the store had just
sold a mauve Jade necklace from the
Cobb Desert, incomparably beautiful
ard breath-taking in price, which they
had acquired last Fall and had been
unable to sell. Standing behind three
tall gold candelabra, wearing a morn
ing coat and Ascot tie and speaking IN
the hushed, ecclesiastical manner OF the
custodian Of priceless treasure, he need
ed only robin redbreast vest TO make
him convincing harbinger OF Spring
"Our business is quite an accurate
reflection of business conditions" ne
said This necklace was bought by Q
fnancier, who, we happen to know, suf-
fered most severe losses last November.
He has been in several times to look at
the necklace, but said he would be url-
able to buy it unless there was a sharp
turn for the better In his business al
fairs. Saturday he came and paid our
price. 1t was out best sale Of the last
six months, although somewhat less
than the top prices we received Tor
other pieces before the depression.
"Other dealers tell us that the month
of March showed quite q notable in
crease In sales, although buying is stu
scattered and hesitant, and do not
mean to say that there has been any
thing like a return to conditions OF last
Summer. However, we have been as
sured of better conditions to the extent
Of making commitments which we
would not have dared make q month
ago"
Foreign Investing.
Returning travellers bring word that
Europe has q persistent faith in the
recuperative powers of American
finance, and that this already is send
ing foreign money back to these shores
in large volume. This feeling is en-
HANGED, say the voyagers. bu such hap
penines as the American bids for
tickets to the international opera sea-
son. Boxes costing S2,362 each for the
10-week season were eagerly snapped
I'D by Americans.
Steamship agencies report heavy
bookings for the Summer season, not
only on the new de luxe ships, but on
slower ships and in the student" and
tourist classes. The approaching court
presentations, Sir Thomas Lpton's new
challenge with his Shamrock v, Amer
leans fiocking to London's Spring dress
shows and unusual interest and excite
ment in British and American golf
make it generally appear that all is
Some of the tough-minded, weather.
beaten old brokers down in Wall Street
are inclined to copper all these psyche
logical bets. They cast a sour eye on
the earning records for some of these
climbing stocks and figure that run
away market isn't needed just now.
Conservative opinion generally in the
Street Is that substantial increases and
continued steady gains are justtfable
in many stocks, but that a rush Of ILL
advised public participation would be
unfortunate.
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