Last March the predictions of Jesse L. Livermore, operator, concerning a decline in stock prices were so immediately and emphatically realized, that much attention is now given to his remarks. After predicting higher industrial share prices a prophecy in part already realizedhe last week turned his attention to the railroad stocks. For these, he asserts, there is a bright future in the coming year. In fact, Mr. Livermore believes that the rail-road stockholders would recover much of the $3,000,000,000 lost through declining prices over the past 15 years.
Attacking the legislative and political...