Show BIG BUSINESS AND MINING STOCK EXCHANGES HE UNITED STATES is bigand its business is big T THE big business used to mean one man with his nl millions illions reaping the b golden cholden harvest now bigger at business 1 has come to mean that millions of large and small investors are sharing in the earnings of our greatest industries says an exchange this has all lead to a tremendous volume of security buying and ever mounting prices for reputable stocks in all branches of industry and all parts of the country it is said that persons are now participating in the stock market what do most of us know about the stock market the majority of us probably think of it principally as a gambling proposition like horse racing but such is not the case there are some simple fundamentals relating to stock buying that if given heed to would avert most of the calamities that befall the uninitiated the well established stock exchanges in our financial centers exercise rigid surveillance veil lance of all the stock issues the they list this assures the purchaser of a listed security that there is every reason to believe will maintain its position as to dividends or earnings earning b s which in turn reflect on the market price of the security and that is as it should be unfortunately however many stock exchanges of the country permit their memberships ber ships or portions of them to take advantage of such membership to foster and even promulgate promotional undertakings of questionable merit and value and that is not an in harmony with the ethics of their calling but our unsophisticated trusting exchange writer fixes it up nice and pretty by saying A stock exchange is merely a group of members banded together under certain stringent rules and regulations for the purpose of facilitating ino the buying or selling of securities for third parties and to assure equitable and fair dealings to all including the public if that was the case the business of mining would be less hazardous than most adv any other kind of business in the world but the millennium is not here yet |