Gold Nuggets for Stock & Commodity Traders - G.bayer

GOLD NUGGETS -for STOCK AND COMMODITY TRADERS

by GEORGE BAYER

goes lo the store t o l ~ u yvai-ious kind of n e c e s s i t i e s such as m e a l s , silgal-, bread. In otliei- types of stores she will buy otlier Itinds of necessities such as clothes a n d shoes. T h e \ ~ e n d e r sof tliese goods on t h e otller h a n d have t o p ~ l r c h a s e them f r o m wholesalers in a w a y to talte car-e of the demands ant1 wishes of t h e c o n ~ m u n i t yin which th?y operate. F a r ~ n c r sin t h e state of Maine p r o b a b l y have different tastes t h a n those of T e x a s : thus niany ai.ticles i n great demand in one T e x a s store, f o r example, shoulii pi-crve t o I?? shelf-warmers i n Vermont o r M a i n e stores. I i E HOUSE\\'II;E

T h e wholesalers, from w h o m nierchants buy their goods f o r local distribution, also have t o b u y them f r o m large factories or f r o m big mills, s l a ~ ~ g h t e houses r or flour mills, shoe factories 01-larger growers. T h e actual raw products such 3s gl-ains, raw cotton, r a w hides, etc., a r e usually first assembled t h r o u g h growers selling t h e m by w a y of an Exchange, called t h e M a r k e t . Ttiese markets are located in m a j o r cities. Througli their assistance sellers and buyers a r e b r c u g h t together t o effect national I-e-distribut~on.I n the very s a m e w a y Stock Exchanges operate, only in this case it is a cluestion of h a n d ling corporate values. Ir is li ,, i n ~ ~ ~ ~ i i t i oliul ~ i s "1115 , i1i.1 see~ilst