Salt Lake Telegram | 1926-01-21 | Page 7 | Money at Work

THE SPECULATOR TOR ACTS AS itS A A AN EQUALIZES EQUALIZER B VEEN BET SUPPLY Is speculation a necessity or an anevil anevil anevil evil Why The men who grow cotton corn cornand cornand cornand and wheat have to plan for a n future market They have no way of ot telling whether there will be an Of era up ply or an undersupply or what price their commodities will bring six or eight months later Here is where the spec speculator lator steps In He is willing to take a chance on the future demand and supply and offer a price both to those who would buy and those who would sell He stands to gain If his deductions are correct In Inthe Inthe Inthe the meantime he assumes the Both the producer er and the consumer consumer consumer con con- sumer now know how prices will stand on products that will not be besold besold besold sold for some months If the price is low the consumer can lay in a good stock If It i is high th producer producer producer pro pro- ducer can increase his production The speculator thus acts as an equalizer between supply and de demand demand demand de- de mand and serves a useful purpose Copyright 1926 Associated Edi Edl- toy tors Inc