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Show The Nation's Trading Centers The oustanding feature in business for 1928 was the enormous growth in business done by the country's stock exchanges. This condition would seem to be a normal result of the people peo-ple of this nation taking a greater interest in-terest in industrial development. Until recently, men and women throughou' the country had an idea that a stock grade gambling place down in Wall exchange was in the nature of a high Street. During the past few years stock exchanges ex-changes have been established in the leading cities of the nation and the people have been finding out that in-sead in-sead of being gambling houses, one can there buy only recognized and investigated stocks which have been accepted for listing, just as one can go to a railroad ticket office and buy a ticket on any recognized line In the United States. Stock exchanges are trading o;ntci; throughout the country. They have enabled the people to deal in securities which were formerly unknown to therj just as the railroad ticket offices have enabled the traveling puolic to buy tickets over many railroads at one central source, with resulting service and convenience to the people. Stock exchanges have stabilized the buying and selling of securities just as the railroads have stabilized transportation. transpor-tation. A purchaser who buys a railroad rail-road ticket from a "scalper" is showing as poor judgment as one who buys stocks or securities from some unrecognized unrec-ognized dealer. Brokers over the coup try who are members of one or more stock exchanges, are governed by drastic dras-tic rules as strict as those applying to agents selling railroad tickets, or the regulations applying to the banking system. As the public recognizes these facts, a large part of the money now lost annually thorugh wildcat speculations will be saved by dealing in recognized markets and asking advice of bankers and brokers who are informed on securities se-curities offered for sale. |