The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1912-01-12
SEVERAL THINGS TO
Be CONSIDERED

New York, Jan. 11.-Now that the
old year has gone and one is able to
look the twelyemonth over carefully
there are several features that stand
out significantly A thing which will
interest the investor with moderate
means is that the stock market has
been uncertain and not as attractive as
was hoped, but on the other hand the
bond business has been good, the total
bond transactions for 1911 being in
excess of 1910 Corporations played
an increasingly important part in our
financial problems and prospects Nine
or ten months ago industrial and po-
litical uncertainties depressed the sit
uatioa, but from this big business"
has largely rallied This may be due
in a measu! e, to the fact that the pub
lie has become reconsiled to large ag-
gregations of capital. The public is
now placing the emphasis of condemna-
tion on unjust and improbable com
binations. As the attitude of the pub
lie has changed the number of small
investors holding stock in great cor
porations has greatly increased.
The Great Middle West SeIf-sufficient.
1t is a notable fact that for the first
time in many years the interior did
not call upon the east for aid at the
crop moving time. This would indi-
cate that the banks not only in the
large cities of the middle west but
also the smaller country institutions
are strengthening their position. While
of course, the latter cannot get through
crop moving season, as rule, with
out calling in the aid of big city banks,
it is significant that the middle west
as a whole was sufficient to itself
financially.
Another gratifying feature is the fact
that there have been few reductions
in, or suspensions of, dividends. At
the opening of 1911 there was plenty
of dire prophecy to the effect that
stable investments would bring small
returns. This prediction has, in the
main, proved false.
Investing chiIdren's Savings.
Most children are taught to save. In
many cases the reserve fund does not
get beyond the first dollar; in some
cases the sum runs as high as 800 or
5000. Parents do not always appreci-
ate the benefit in interest money and
example that will come to the child
by investing this money wisely. T. B.
Lyon, an eastern banker, writes point
edly in The New York Tribune on this
question:
Everyone is born with an instinct
to get ahead in the world That is the
reason why saving becomes a habit
with children as soon as they are able
to distinguish penny from a cent
piece. When the savings amount to
go cents his father supplies the neces-
sary remainder and starts an account
in the boys name in the savings bank.
This account may INCREASE until his
passbook shows balance of $100
This is the point where the far-sighted,
thrifty parent should step in and OBJ
tain for his boy the same per cent
he is receiving from his own $1,000
bonds in the vault Why hasn't he
done this? Probably because he didn't
know it was possible. He didn't ap-
preciate that he could purchase in
500 and $500 denominations bonds
that are legal for trust funds, high
grade bonds of standard railroads first
mortgage bonds of public utility cor
porations whose stability is shown by
their many years of successful opera
tion. furthermore, bonds of these
are bought and sold daily on
the New York Stock Exchange.
Plenty OF Good 500 Bonds.
Father possibly didn't realize that
another exceedingly important and at
tractive feature is their market The |
father asks where could they be sold
quickly should an occasion demand
The answer is; Simply |
go to a reputable $100 bond house. A
500 bond can be bought from or sold |
to the mas easily and quickly as a |
81 900 bond Thus you can buy safe,
bond for 500 yielding
from A per cent to per cent and sell
it easily"