Interesting Studies and Facts of Drug Market Conditions**In order to present viewpoints on the significance of prevailing market conditions, Mr. Harry B. French, President of Smith, Kliue & French Company was asked for his opinion, and the substance of the editorial, “The Significance of Present Drug Market Conditions,” submitted to him for comment. A few changes were made in the editorial and these may account for the slight difference in viewpoint on the alcohol situation. The readers will value these interesting contributions by leading authorities.