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The Stock Exchange from Within

Note 57 — Chapter V · PUBLICITY IN EXCHANGE AFFAIRS; CAUTIONS AND PRECAUTIONS

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It is truthfully declared by Courtois, in his Traité des Opérations de Bourse et de Change, that a fictitious movement, even on the part of the most powerful operators, cannot overcome the natural tendencies of values, and that the most that can be accomplished is sometimes to hasten or retard slightly the certain effect of a foreseen event. “Wall Street and the Country,” by Charles A. Conant, p. 88, G. P. Putnam’s Sons, New York, 1904.

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