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" They focus intelligence from all lands, and the prospects for the whole year, by bringing together minds trained to weigh such intelligence and to forecast the prospects. "
Proceedings of the ... Annual Meeting of the National Board of Trade - Página 249
por National Board of Trade (U.S.) - 1911
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(Hearings) ...

United States. 61st Congress, 1909-1911. House. [from old catalog] - 1910 - 816 páginas
...it condemns gambling. Federal Judge Groscup, in a recent decision, said: Legitimate grain exchanges balance like the governor of an engine the otherwise...prices. They focus intelligence from all lands and the prospect for the whole year by bringing together minds trained to weigh intelligence and to forecast...
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Hearings Before the Committee on Agriculture During the Second ..., Volumen2

United States. Congress. House. Committee on Agriculture - 1910 - 704 páginas
...it condemns gambling. Federal Judge Groscup, in a recent decision, said: Legitimate grain exchanges balance like the governor of an engine the otherwise...prices. They focus intelligence from all lands and the prospect for the whole year by bringing together minds trained to weigh intelligence and to forecast...
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The Functions of the Legitimate Exchanges

1910 - 312 páginas
...working of our modern industrial system." Judge Grosscup, in a decision, said: "These marts of trade balance, like the governor of an engine, the otherwise erratic course of prices. Nor are the sales and purchases for futures intrinsically wrong. They are the means of bringing about...
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The Stock Exchange from Within

William Clarkson Van Antwerp - 1913 - 480 páginas
...fixture in our jurisprudence. "The Exchanges, " said Judge Grosscup of the United States Circuit Court, "balance like the governor of an engine the otherwise...nearly to their right level than if left to chance or unhindered manipulation."* In somewhat similar vein Justice Holmes of the United States Supreme...
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Regulation of the Stock Exchange: Hearings Before the Committee on Banking ...

United States. Congress. Senate. Committee on Banking and Currency - 1914 - 958 páginas
...Grosscup said : The exchanges balance like the governor of an engine the otherwise erratic course oí prices. They focus Intelligence from all lands, and...nearly to their right level than If left to chance or unhindered manipulation. Justice Holmes, of the United States Supreme Court, in the same case, said...
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The New York Stock Exchange: a discussion of the business done; its relation ...

H. S. Martin - 1919 - 296 páginas
...Consolidated Exchange. 46. Battery Park. 47. United States Custom House. THE BUSINESS DONE "The exchanges balance like the governor of an engine the otherwise...such intelligence and to forecast the prospects." — Judge Grosscup, United States Circuit Court. "What are these boards of trade? They are merely the...
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The New York Stock Exchange: A Discussion of the Business Done, Its Relation ...

H. S. Martin - 1919 - 296 páginas
...46. Battery Park. 47. United States Custom House. 48. Curb Market. THE BUSINESS DONE "The exchanges balance like the governor of an engine the otherwise...such intelligence and to forecast the prospects." — Judge Grosscup, United States Circuit Court. "What are these boards of trade? They are merely the...
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Marketing: Its Problems and Methods

Carson Samuel Duncan - 1920 - 524 páginas
...Some Thoughts on Speculation, p. 23. •Conant, Function of the Stock and Produce Exchange, p. 30. trained to weigh such intelligence and to forecast...nearly to their right level than if left to chance or unhindered manipulation."11 As services to he rendered by a properly functioning organized exchange...
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Marketing, Its Problems and Methods

Carson Samuel Duncan - 1920 - 526 páginas
...function properly, they afford the best known medium for the intelligent working of supply and demand. "They focus intelligence from all lands and the prospects for the whole year by bringing together minds •Fayant, Some Thoughts on Speculation, p. 23. trained to weigh such intelligence and to forecast...
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Speculation and Gambling in Options, Futures and Stocks in Illinois

James Conrey McMath - 1921 - 120 páginas
...said : ' ' These marts of trade are, in many respects, greatly beneficial to the interests of mankind. They balance, like the governor of an engine, the...nearly to their right level than if left to chance or unhindered manipulation. Nor are the purchase and sale of 'futures ' intrinsically wrong. They are...
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