The book The Investors Catechism was written by author Marcus Mathias Reynolds Here you can read free online of The Investors Catechism book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Investors Catechism a good or bad book?
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It receives interest only when earned, and is similar in its position to a preferred stock, except that a preferred stock usually has voting power. An "income bond" is not necessarily a mortgage, but when it is, cannot be foreclosed before maturity, provided the interest payments on earnings are complied with. What are INDUSTRIALS? American Sugar Refining, Federal Steel, American Steel and Wire, Standard Oil, American Tobacco, 68 THE INVESTOR'S CATECHISM National Starch, Cordage, Rubber, Linsee...d Oil and other similar, listed securities are known as the industrials. What is an INSIDER? One who owns the controlling interest of a stock in a railroad or industrial company and shapes the course of prices. What is IN SIGHT ? It is a term applied to grain, cotton and coffee, etc. , available for immediate use. What is an INSPECTION ? In Chicago, grain shipped in is inspected and graded by sworn inspectors under the rules of the Board of Railroad and Warehouse Commissioners. If the inspections are not satisfactory, appeals may be taken to the Board of Trade's Inspection Committee.
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