Show IJ I J No General Effect l 1 DECENT severe br breaks aks in the Ne New York 1 RECENT stock market have again brought to the he front speculation on on stock stuck quotations and j lallY J any opinions have been broadcast by lea leading lead lead- 1 ing financial authorities to the effect that it 3 yd ydes d es not reflect the business iness cond condition tion of the c co 1 Henry Ford says of the stock market The he best point about stock speculation I Js us is that some really good men lose at it and Jare are thereby compelled to go back to work t The stock habit takes too many mens men's min minI minds I off their legitimate business Anything that I drives them back to their proper sphere is a benefit to them I That is sound and homely philosophy ItS ItS' It iV S' S not only good for them but good for the as business cannot thrive with busi- busi I l s men inc occupied with stock quotations Many men will buy stocks on omi margins and amid N as alwa always s 's seems the human course margin buyers get more plentiful as the market s upward Then when the inevitable S crash comes these margin speculators are are- wiped out and they go back to their various i tasks wiser iser sadder but more efficient indi- indi S t If the public would buy stocks tocks for an lJ investment estment only rather rathor than wIth Avith the fervor i q v the lie gambler breaks in Vall Wall street would lave ive little effect other than on the profesS S elements clements Stocks shou should d be p k for for- forthe the dividends pai paid and the showing of I I the stock over a period of several years The TheS S ff investor tor before buying a stock should study the particular one lie he desires and see how it S SS has lIas acted through periods of depressions and good hood times and buy it with the idea of putting putting put- put I 1 ting idle money to work in the safest and most profitable manner possible Professional Professional traders capitalize on conditions that ve little general effect on the nations nation's business which may cause a general genera collapse Si of the market As a matter of fact conditions conditions condi condi- Hans might not warrant such a break but it has generally been been- the rule that the stock market goes too high and then tumbles too i low In the readjustment of things the 5 margin speculator pays pays pays' the piper but butt th the S intelligent investor invest l' l sits smilingly in the boat Vand ind comes through without injury l |