Business & Finance: Mr. Livermore's Opinion

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 realized—he 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...

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