THE FINANCIAL MARKETS; Increasing Activity and Growing Cheerfulness in Financial Circles. INCIDENTS INDICATING IMPROVEMENT The Part the Belmont-Morgan Syndicate Has Played in Mending the Situation -- The Building-up Process.

Growing cheerfulness describes the prevailing condition in financial circles. Not only was there more activity on the Stock Exchange last week, but it was accompanied by advancing prices, and the buying was not confined to the short interest. Bargain hunters were on the alert, and there was considerable stock picked up for investment in the belief that the turn in the tide had come. View Full Article in Timesmachine »