(Q) As given, 66 indicates general upward trend followed by
slump after shorts covered, then sudden downward movement and
recovery. As also given, beginning Monday, April 12, general
upward movement will begin, continuing into May. Do these
conditions still prevail in general?
(A) Still prevail in the general tone of the market. There
is, as we see, the variation, as has been outlined, that the
rail will advance, with utility and other stocks decreasing,
or attempt, and then the sudden change, from industrials
advancing - see, utilities and industrials advancing - and
rails attack for a down swing, yet the general tone will be
for the increase, beginning Monday - Tuesday, see?
(Q) Correlate this with stocks specifically given - i.e. 1.
Stewart Warner.
(A) This the industrial stock that will receive some attacks
in the general advance, yet gaining little by little to a
much higher level, unless there should be some unseen
breaking down from the present conditions.
(Q) Hudson Motors.
(A) Again an industrial that is receiving a great deal of
attention at the present and on account of the many various
conditions and reports, and as has been given, one of the
spectacular stocks, as will be seen, in its movement, in the
various conditions as are to be seen, see? Hence, we will
find some advance, some breaking off, but a general advance.
(Q) Allied Chemical.
(A) Another industrial that will find an advance, with some
attacks, especially by Thursday of this present week.
(Q) Southern Rail.
(A) One of the rails that will gradually advance.
(Q) Louisville & Nashville.
(A) One that will receive a great many setbacks, yet
gaining, little by little - falling off, but changing much in
this advance period at the present, as we see, yet gaining
some two to three points in the two to three weeks.
(Q) Chesapeake & Ohio.
(A) One of those rails that will be attacked, as is Atlantic
Coast Line, on account of the conditions as are being beset
by the attempt of coalition or of combinations, yet we find a
deflation period following the small advance, and then a high
advance. Deflating very much though during that period.
(Q) Illinois Central.
(A) A slow but sure stock. Not a great deal of change,
unless the coalitions or combinations, as are given, and as
has been shown by the extending through Markham, that is to
take place. Should this, with the general rail, advance,
this would go many points up.
(Q) Atlantic Coast Line.
(A) Given.
(Q) As given, Atlantic Coast Line R.R. will
(A) (Interrupting) Just as given, is to be one of those
strongly attacked, when this attempt to bring down or to
change over in the bear movement from the industrial stocks
to rails.
We are through.
BACKGROUND
See
137-70 on
4/08/26.
4/09/26 Brother [
900] submitted questions.
REPORTS
4/14/26 See continuation of reading in
137-72.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation