Deseret Evening News | 1900-01-31 | Page 6 | Industrial Stocks

INDUSTRIAL STOCKS Without to discriminate agaInst the It cannot escape that they lre are untried that they dr are b by profs profits which probably cannot cOntinue that as 0 a casl class the they are that they must taco B a period of oC hostile legisla ton toni that many ot of them must undergo severe enre reorganization and that specula ton therein Involves unusual Ter There are n a few tew ot of thC time industrials or on conservative fines Unc which wi will prove to their hold holder er era Ind anti these y bo held with ih con So e Industrials have hae no not bc beme mo a menace to the ck for the tho reason that cab caba n a smal small proportion of at their issues Issue ot of securities Is distribute among the pub le lie The Tho great of oC the IS are still held by the tho original holder holders who accepted securities when surrendering control ot of their individual plants I If thor they failed to se sell nt at the hIGh prices of 1133 the they simply lost imaginary pro profits s there were no real losses loues to them hence the decline has caused lees Jes Injury than would have hwe happened hall hail the tho public been a free buyer buor of these Inflated pr properties perles In Inte Intile te tile future operation I tho u industrials Industrial are aro likely to be crriE carried olon along on more conservative lines The banks are dis a as to collateral and ond this is 18 n a factor 01 of safety The industrials cannot expect to gala gain Cul full public confidence until they furnish reliable annual or semiannual r reports port of 01 their anti nil conditions In view ot of time the enormous and ad advantages vantages which they hold time tho public have n a right to this information uni and legislation against the trusts could take takeno no wiser wiper or moro more effective torm than enCore enforced publicity nr lip suel such means the tho public would ho he protected against monopolIstic abuses Investors would be saved from freud Ind the Industrial industrials themselves would gain through cm coin the confluence ot of which nanny many 01 of them Iro are now