280

Calling of loans, 45
Call-money rate, 4
Canadian National Railways,
163
Capital gains, Federal tax on,
37-41, 248
Capper-Volstead Act, 112
Car loadings decline, 59
Causes of the panic, various
theories of, 31ff.
“Caution factor” in buying, 205-7
Cement merger, 108
Chance, element of, in buying
stocks and bonds, zo4-7
Chase National Bank, New York
City, 6
Check-up on status of stock-issuing
 companies, as safety principle,
 207-8
Chicago & Northwestern, 163
Chicago, Milwaukee & St. Paul,
164
Cities Service Co., 209
City Bank Farmers Trust Co,
New York City, 36
Clark, Wallace, 142, 144, 145
Clay, Paul, xv
Clayton Act, 106, 111
Collateral loan policy proposed
to avert panic, 247-8
Commercial and Financial
Chronicle, The, 5, 17, 43-4
Committee, joint, proposed for
passing on new issues, 249-50

Common Stocks as Long Term
Investments (Smith), 67, 200
Comparison of rates of increase
in stock prices over earnings,
and vice versa. See Stock
Prices
Conferences: Oct. 2, 6-7; at
White House, Nov. 13, 13, 17,
18. See National Business
Advisory Council

Index

Construction and maintenance
work expanded for stabilization,
 22-3, 28
Cooke, Morris Llewellyn, 142
Coolidge, Calvin, xi
“Coolidge boom” as cause, 52-3
Corn Exchange Bank, 13
Corporate incomes: net, 77-3;
profits absorbed, reserved, or
plowed back, 78-9; understated,
 82; gains in, 1929,
74-5
Corporations: showing “no net
income,” 75-7; publicity desirable
 for financial operations
of, 114-8
Cosmetic and perfume merger,
108
Credits: growth of, 1928, xiv,
xv; available after panic, 29;
increased volume of, allowed
by bankers, 41-2; overextension
 of, 98, 223
Crises Commerciales, Des (Juglar),
 258
Currency, unstable purchasing
power of, 182-97

Dairy merger, 108
Day, E. E,, 161
Deflation of currency, 187-8, 194
Dennison, Henry 8. 142, 143,
172
Diversification in buying securities,
 203-7
Dollar, fluctuating value of,
182ff,
Doran, J. M,, 177
Dow-Jones barometer, xv
Du Pont-U. S. Rubber combination,
 108

Earnings, 1929, 9x
Economic Effects of Prohibition
(Feldman), 173