Part 10
Gold Supply and Prosperity. By Byron W. Holt. A correct understanding of the effects of gold on prices of shares and commodities is of primary importance to either the investor or speculator. The book contains papers by Horace White, Maurice L. Muhleman, Ellis H. Roberts and others of high standing in the commercial world and Mr. Holt’s own theories and conclusions are clearly expressed. Price, $1.00; delivered, $1.10.
How Money is Made in Security Investments. By Henry Hall. This work contains much that is of value to the speculator. Price, $1.50; delivered, $1.65.
Manual of Statistics. This book is very useful to the speculator. It contains tables of past prices of stocks, cereals, cotton, etc., a brief history of all leading corporations and much other valuable statistical matter. The price is $5.00 delivered.
Money and Currency. By Prof. Joseph French Johnson. This work is mentioned because of its intelligible nature. No one can fail to understand the subject as treated by the writer. Price, $1.75; delivered, $1.93.
Moody’s Classified Investments. This book is extremely valuable to the investor. It classifies securities according to their ownership and we may thus form a quick judgment of the merits of certain bonds or shares. Price, $10.00 delivered.
Moody’s Magazine. Edited by Byron W. Holt. A national financial monthly. Studies the underlying causes of market movements in the broad light of world-wide developments, its finance and economics. Subscription $3.00 per year.
Moody’s Manual of Railroads and Corporation Securities. This work stands alone in its class and is the accepted standard for both investors and speculators. It is a library in itself and should be the basic volume of the student’s collection. Price, $10.00 in cloth; $12 in full Russia leather, delivered.
Smith’s Financial Dictionary. By Howard Irving Smith. This is another work which should be in every library. All the knotty points and technicalities which perplex the speculator at times are clearly and fully explained. Price, $4.50; delivered, $4.75.
Speculation, a Science. By George McLean Irwin. A small volume containing some interesting points. Price, 30 cents; by mail, 34 cents.
Story of Wall Street. (In preparation). By John Moody. A most interesting history of Wall Street from its inception to the present day. Price, $3.00; delivered, $3.20.
The Tariff and the Trusts. By Franklin Pierce. This is a review of tariff history in various countries with especial reference to its operation in the United States to protect trusts and special interests. Price, $1.50; delivered, $1.62.
The Truth About the Trusts. By John Moody. A description and analysis of the American trust movement. No other work on this subject has attracted the widespread attention which has been given Mr. Moody’s description of all the phenomena which go under the general name of “the trust movement.” Price, $5.00; delivered, $5.27.
Wall Street and the Country. By Charles A. Conant. This book deals with the higher phases of Wall Street ethics and affairs, Undigested Securities, etc. Price, $1.25; delivered, $1.37.
Work of Wall Street. By Sereno S. Pratt, Editor The Wall Street Journal. One of the very best books on the subject. The matter is clearly and intelligently discussed by a man of soberness and judgment. Price, $1.25; delivered, $1.37.
ANNOUNCEMENT
Any of the books enumerated in this Bibliography will be supplied for the price indicated.
THE MOODY CORPORATION, 35 Nassau Street, N. Y. City.
INDEX
Page Accidents: effect of on stock prices, 84 Averages: Barometer of, 110
Bank Statement, 59, 125 British investment bonds: Prices of, 45 Business Depression: Effects of on rails and industrials, 105
“Calls,” explained, 89 Charts: “Composite Common”, 137 corn prices, 149 cotton prices, 154 wheat prices, 147 “Composite common”: range of, 133 Corn: Area limited, 151 chart, 149 prices, 146 risen more than wheat, 148 Cotton: Chart, 154 crops in bales, 157 cycles of speculation in, 155 prices, 156 Credits: Expansion of ignored, 75 Crises: Indications of, 112 principal in last century, 24 Crops and Crop Failures: damage issue not to be ignored, 123 importance of, 82
Dividends: adverse effect on the short seller, 101 Dow, Charles H.: rule as to margins necessary, 165 Fixed Charges: As factor of safety, 114 important to investor, 116 percentage of in various railroads, 115
Gambling transactions: Percentage against the speculator, 9 Gold production: effect in speculative commodities, 53 effect on common stocks of railroads, 49 effect on securities having a fixed rate of income, 43 effect on stocks of industrials, 52 influence of on prices, 39 Grain: Cycles of speculation in, 145
Legislation: As a market factor, 77
Manipulation: By creation of false appearances, 22 Margins: Necessary to reasonable safety, 163 required by scale order operations, 164 use and abuse of, 12 Market Movements: principal for ten years, 168 Money conditions: as a factor of speculation, 59
Periodicity: unreliable as basis of speculation, 35, 69 Pig Iron: Production in U. S., 29 Prices: “Composite” stock, 136 corn, 146 cotton, 156 ordinary swing of in speculative cycle, 113 wheat, 146 Presidential contest: Influence on prices, 81 Privileges, 89 “Puts,” explained, 90
Railroad: Basic values of, 104 Rights: How to compute value of, 109
Securities: Entire list should be studied, 166 railroad stocks the soundest, 166 selection of, 124 undigested, 108 Speculation: Cycles of, 21 possibilities of, 14 preliminary hard work needed, 17 Stocks: Borrowing and lending, 117 cycles of Speculation in, 133 “Straddles,” explained, 92
Tariff agitation: effect on speculation, 81 “Tips”: Operations based on them disastrous, 172 Trading: Best method of, 111, 172 hypothetical, 15 scalping, 120
Wheat: Chart, 147 prices, 146