Evening Star Newspaper, November 14, 1926, Page 38

gg _— be on our guard against such con crns and see that they are kept out |t « |of busin { “The public assumes that the listing requirements of hanges are ade- their requiren: s fo quate to afford the protection to which | the investor is entitled. The publi does not understand why the ex i changes are t ming more stri ing for information in g the corporation them Backs Prof. Ripley in Talk to|xive to their snarehoicr can render a public serv Stock Exchange Body ing a policy of requiring corporati at St. Louis. to mail to their stockholders the same | information that is furnished to' the exchanges.” Speaking at the recent convention 300 TAKE GRAPE CURE. In 8t. Louis of the Associated Stock | ;}xchanges, Eugene Thompson, | Big Weight Reductions Follow ead of Crane, Parris & Co., called ; - ®itention to the fact that the 28 stock Special Baden-Baden Diet. exchanges in the United States now BERLIN, November 13 (#).—More bhave security listings totaling more ! than 300 persons took the annual Fall tnan $70,000,000,000 and urged more aden-Baden and with frequent and far more complete fina rprisi ducing results. clal statements for stockholders. The cure consi of mineral water cussing “The Responsibility o {baths and a dist of nothing but red Fxchanges to the Public,” he said in |or white grapes, from which rhine part: | wine is made. \ 2 “If there is any one thing that ex-| The daily consumption at the Spa changes can do to assist the inv t as high as 1,400 pounds h fug public, it is to require the pub-| person ¢ating from 4 to 7 pounds lishing at frequent intervals of com- |day. ¥ presses were at hand for ¥ financial statements of all | those who preferred to drink the corporations already listed but even [ Juice. ses considerable co-op ¢ been accomplished ssed when it can be tor is not entitled | ation. atements, in practi- || | are furnished when a | of a new issue and it too Ftatements are avallable unless finan- 1 Su €erers cial difficulties are encount and e even then the public is not aware o ' the difficulties until the danger sig- || Re]olce. nal has been hoisted. It cannot be ||| doubted but that the shareholder is ||| e B entitled to financial tements just || New York Physician Gives as promptly as the directors of a cor- {|! poration. || Great Book to Public Free!| Two Kinds of Values. FI R | “The rise and fall of securities is- ||| gxilaing Most Probable Cause o,“ sues, principally stocks, is to a very ||| ‘o large extent based upon investment ||| Your Sick Spelis, Stomach and values. It is not meant that there Intestinal Disorders and Tells What To Do. It Reveals will not be an occasional advance or ||| decline in a stock on account of other Truths Ignored by Doctors and Why You Continue causes, but the investment values to Suffer Needlessly. must be determined largely by the finanefal statements. It might be said that there is an intrinsic value and a jirospective value. The intrinsic value ||| e———— 35 based largely upon the financial -G . C s | statements and conditions of the ||| ILLUSTRATED WITH X-RAYS trade. The prospective or the senti | mental value is covered by the in- tangible elements having to do with the prejudice or preference of the in- vesting public—often entirely unre- Jated to the intrinsic value of the, recurity—hut which frequently are ihe governing factors in its market- ity. The investment value is there- the greatest concern to the pul This is where stoc XC n rendc he public vital 2 it to form an opinion its investment worth by requiring corporations, to whom it furnishos public markets, to publish at quarterly yerlods its. true financial condition, | not a Lalance sheet only but a com: | parative earning statement for the | yeriod. i Aims of Local Exchanges. A membership in any stock ex- | change should come to mear her of an organization wh for public ce. honest_ trading ¢ Hnancial responsibility. When a firm sdvertises that it is @ member of stock exchange, that in itself, ought || 10 be a sufficient notice to the public that they may be assured that the Adv s for high principles, || ice. by The very advertisement of member- | v Aedieal College o “hip in an exchange should in itselt D sty Ro! rive the public notice tha riembers of a thoroughly r useociation that stands firs fce and protection to the public. the exchanges ywill stand firmly for Jeeping their listings in a clean and healthy state of publicity, the public will soon find that our aims and pur- poses are supported by the highest and best motives “Much < has been done in recent years in driving out the buck: shops. The bucket s n e enly by having New Yo N change quotations. There a | #ons who have run bucket shops J ing the appallin a send with! | e this great who wish (1] amps (| | t and who would probably re could get quotation services and po- litical protection. It behooves us to g ° L] Thanksgiving Day! Since that first Thanksgiving Day in Puritan times, Home tugs at the heartsirings of the absentee. It is the day, second only to Christmas when all members of the family wish to be gath- ered together! “Murco” Paint Products will make any house a home, in the truest sense of the word. “Murco” products will brighten up all corners and all articles, and lend an air of cheerful content in harmony with the occasion. Decide now to “dress up” for Thanksgiving and the long indoor days ahead. All “Murco” products are 100°¢ Pure and guaranteed to give satisfaction. E. J. Murphy Co., Inc. 710 12th St. N. W. Main 5280 CAN BE CURED Free Proof To You 0 tis your name and address so T can send you a free trial B eatmant 1 Yeant you just to try This treaimen—taacs ajust 3 G HUTIE “That's my only argument. e F;e \{man isn l.‘{c Retail Drug Business for 20 years. I served four years as a mem the Indiana State Board ot Pharmacy and five years as President of the R e oniation. 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