(Q) Just what is indicated regarding the Kresge Stores, as
given in reading [
137-56] of January 25, 1926?
(A) As given in this, with the splitting up of the stock of
Kresge Stores, in the reduction of the valuation of each
certificate, or giving three for one, there will come the
decline in these, from thirty to forty points, see? So,
when this, as is given, in the second, third week (from
present, see?); that is, 8th to 9th, 10th, 12th February,
begin the sale of such stocks for lower levels for, as we
see, these are conditions as are existent regarding the
conditions in the Stock Exchange:
There is much uncertainty in many quarters of the various
conditions, as is being produced by the many changes as are
taking place. Then, with that general condition as is
induced into the affairs, as it were, of man, through the
changes to take place soon in the influence in the world's
condition, many changes will be felt, many conditions will
fall away, and the general trend is to be a downward movement
of the prices. Some swinging very low. Others in a
dilatory sort of way or manner. Others showing exceptional
ability to hold up. These, as we see, as have been given,
in the specific conditions, and ways and manners. Then, in
those specifics, as we have seen, these are as some of the
conditions to be watched, or some that will act as the
criterion for the fluctuations:
Steel - U.S.
Motors - General.
Grains - Corn.
Utilities - those as of department stores, see?
(except of some individuals - sugar and such).
These will be as criterions. That is, the manner in which
they act, the general conditions under those heads will be
reacting in the same manner.