Show REVIEW OF WEEK IN FINANCE AND TRADE Continued from page PIRO fl sa savings ings but who are led lcd generally by ls' misrepresentations t tons ions o 0 irresponsible agents to make investments in the hope of fabulous fabulo returns Only too often are arc they disappointed Hud and WOJ'S wois oven een than the loss of their theil modest investments in is iS the frequent resultant loss of their desire to further save from their earnings Very rarely do men who lio can withstand losses to a certain exten permit themselves to he be influenced to 10 invest in ill iii companies by men concerning whose business ability and honesty they ther ate are ii 1 ignorance Men fen who l possess means are those who know the value o 0 mon money and 11 as ns a rule they n make ake careful investigations in placing lacing it in ill III other hands It is JS true too that when a man O 01 oj loses his losses Ilea but almost invariably when means are heavy hea 1 L 1 J m. m L h i 1 1 n n. n n I JUlS JUaLS JUaL'S lUL 11 Jl lIHS I I UI l U uv L im-iii im II III I or the arising of some totally unexpected conditions and not tin the result of dishonesty or r mismanagement An occasional business mortality due duc to 10 unusual causes scorns certain to happen but the investors large and small have the satisfaction of knowing that they were not deliberately robbed of ol their money and that had not Hot the unfavorable conditions appeared all would have ye profited profiled in proportion to the extent of their theil investments It is conf confidently believed that the campaign against companies I of the thc stock jobbing variety p will win work to the benefit of the tile legitimate corporations corporations those those organized for the benefit not only of oft t the he officers but of the stockholders large and small There are many such companies now in III existence and und others are arp being formed for the thc purpose of f developing mineral and oil lands and for the promotion Ho of various kinds of industries For logical reasons all an of these cannot readily be financed and some must depend upon investments of modest size and by numerous individuals indi and they are arc deserving of support Should the investing public follow the advice to thoroughly investigate the standing of the companies offering their stock for sale and invest only in those which will bear an nh investigation the thc unworthy ones would die lie a natural death drath to the great benefit of the public as a whole and of the honestly managed institutions S SI N VIEW VIEr of the tile increasing number of stocks of patented articles I IN offered to the investors of Salt Lake and the interest created by bythe bythe the thc comment on this form forni of investment in in last Thursday ay evenings evening's issue of this paper in response to a letter from a woman reader of the paper a portion of that article is reproduced as follows This paper never has advised its subscribers to invest in ill any particular stock or project nor has it advised a against any individual concern or form forni of investment As As a general proposition however it is the confident belief that companies formed for the purpose of exploiting pieces of machinery or parts of vehicles should be given a most rigid investigation before an investment is made Only too frequently is it the thc case that the promoters of stock u ony u L Uh 1 1 J. J I l 1 u u Uh issued D b companies which own or control patented articles or ot tile Ine description named have no iio interest in the tile company other than titan in selling the stock for a commission As a rule they rent for a limited time a storeroom or in ill a conspicuous loe location tion At Atthe Atthe Atthe the expiration of their lease of a week or a month or possibly two or three months mouths according ng to the length of time which thc they decide is necessary to make a cleanup they quietly close their offices between nightfall and daylight and disappear Should the same contrivance be found in process of promotion in another city the thc chances are arc that the promoters are working under different names llames or in the name of another company The result is that the confiding and trusting investor seldom again hears of the project and perhaps never realizes a penny in return for the money invested at the instigation of some smooth tongued professional stock seller to whom legitimate endeavor is a bore bor but who nevertheless must have a meal ticket or depend upon charity for a living It stands to reason in these days of strenuous endeavor on the tile p part rt of great manufacturing establishments to increase the desirability of their products that should there be invented a really necessary piece of machinery by y means of which cost of production could be bc or the value of the product be enhanced such suh a patent would be e eagerly taken up and the patentee given a substantial substantial substantial sub sub- royalty for foi its use As a result if this paper had adopted the policy of advising its patrons in iii the matter of individual investments the tue fly by night ht concerns erus referred re to would be he the hc last on Ion the list |