Preface

The New York Security Dealers Association, which prepared the material for, and sponsored, this book, believes it has performed a unique public service in providing a readable and comprehensive guide to trading and investment, at a popular price.

Whether you are a newcomer to investment, or a seasoned securities buyer, you may benefit from its store of market lore and techniques for successful investing. This book has been designed to help you increase your income, your capital, or both. Particularly we are proud of our extensive coverage of the over-the-counter market, and the new viewpoint the book should give you about the major importance of unlisted securities.

We wish also to express our gratitude to Dr. Ira U. Cobleigh, Enterprise Economist, well-known author, and feature columnist of the Commercial and Financial Chronicle, who has done such a splendid job in editing this book.

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