Concerning " Piggly "

From a full page advertisement in The New York Evening Journal it is apparent that Mr. Clarence Saunders is willing to sell shares in Piggly Wiggly Company at $55. The advertisement infers that Wall Street reports that they could be had for $44 is not to be relied upon.

Mr. Saunders, of course, pays his respects to " Wall Street gamblers " and the bankers and brokers who apparently desired to make undue profits out of his stock. The educational part of his advertisement should be of benefit to the company and to the New York public, which, since the promotion of Piggly Wiggly securities by the James Elliott Business Builders organization, has been only too inclined to look askance at the main Piggly Wiggly concern.