Other Publications 
Prepared and distributed by us are the following: 
Yearly 
Mundy’s Earning Power of Railroads 
A concise manual of statistics and other facts relating to 
the history, earnings, finances, and securities of about 
125 railroads. Compiled to permit ready comparison 
among companies. The volume is pocket-size but contains 
over 600 pages. Available for distribution in October. 
Monthly 
Studies in Securities 
Arranged with necessary perspective to assist the individual 
in judging the merit and promise of established industrial, 
public utility, and railroad securities, giving special atten~ 
tion to the investment qualities of seasoned common stocks. 
Daily 
Morning Letter 
Timely facts and figures bearing on the markets, and 
opinions regarding specific security values. 
SA 
Pamphlets 
Are Old-Line Stocks Unduly High? 
An outline of our reasons for a conviction that many stand- 
ard investment securities were due for more complete restora- 
tion to prominence and favor as the influences of peace- 
time conditions came more and more into play. Published 
in May, 1927. 
Safeguards in Investment 
A discussion of the risks tnwolved in various forms of com- 
pany financing. Published in 1911 and reprinted with 
comments in June, 1926. 
Present Day Application of Enduring Invest- 
ment Laws 
A declaration of faith in certain principles of value govern- 
ing security prices. Published in 1920 and reprinted for 
the third time with comments in April, 1926.