European Stars and Stripes (Newspaper) - May 25, 1977, Darmstadt, Hesse Page 8 the stars and stripes wednesday May 25, 1977 Stock message staff writer Frank fut sol in 1871 Thoma Nast caricature sized Wall Street As a fat Bel lied businessman with a sack of Money for . Some Hundred years later a recent Survey indicates the securities Industry does t suffer from a bad image in fact the Industry appears to have Little image at in the new York times the Survey Drew from a National sampling of nearly 2.200 persons and found some inter Esting results More than six persons in 10 said they knew Little or nothing about brokerage firms or investment banking firms. More than three persons in four said they have Little or no interest in daily Stock Market activity. Seven out of 10 feel the Market is too complicated for the average person. Nearly five out of 10 believe it takes a lot of Money to invest in the Market. Three out of five arc not aware of any regulation of the securities Industry. More than five out of 10 Are not inter ested at All in the Stock it comes to americans stationed overseas the securities Industry suffers an additional problem Many americans in Kumpe Are not aware they can Trade on the Stock exchanges buy and sell commodities options Etc. The same Way their cousins can Back in the Utthi word out1 we Are trying to penetrate the Ameri can said Jirgen w. W. Diele Rich. Sales manager with Merrill Lynch a. To help put the word Merrill Lynch a. As Well As Bache a Halsey Stuart inc. Lorn Blower weeks Hemphill Noyes Mph. And k k. Hutto Handco. Will when requested Send representatives to Mili tary communities to deliver seminars to those interested in the american securities markets. Although German investors Are the primary reason for the firms being in a tinny. The american based brokers have a message to convey to european based americans your orders Are executed just As quickly from an office Here As an office anywhere in the arc exactly like a Branch office in Akron. says William custard associate manager for Hache Halsey Stuart. All four firms Are open when the Market i open an important consideration in a Busi Ness where timing can be crucial. With the tune difference Between Europe and the . That Means staying open until 10 . To communicate with the ., the brokerage houses Are equipped with virtual arsenals of electronic communications gear ranging from Tel exes and news wires to satellite connected computers and standby hot lines to London in Case the new York lines break Down it takes me longer to write an order than it docs to Send said Volkmar Lleini. Manager at e. K. american investor in Europe who wants up to Date american financial new opera is under certain handicaps. One of the virtual bibles of the american securities Trade the Wall Street journal is Mil published in Europe. The International Herald Tribune published in Paris does carry the daily american Stock quotations and commodity listings and. According to custard has most of the Good stuff when it comes to financial news however Lim brokers in Europe seek of Tell americans it s easy to buy and sell . Securities an 1171 vow of will sum by Imu nut item american financial information is a void that exits Here in according to Leonard Kaptinski representative for Hom Blower it weeks Hemphill. Noyes a Mph. To fill some of that void Hornblow or publishes a weekly newsletter. Hornblower s weekly is sent free to customers who maintain accounts of More than $5.000."we not Only include our own material but we also iry to give our customer a run Down on what the other services Are offer ing Kuplinski said. Often an article from the Wall Street journal is included in the newsletter As Well As news shorts from various wire something Brief like this he the investor does get some idea of what has transpired for the entire week in the Market Kuplinski said. The newsletter is made up Friday night after the close of the Market in the . Mailed on Satur Day hopefully to arrive in the investor s Mailbox monday morning. Americans have an advantage Over Many europeans when it comes to american investment material it s All primed in of her brokerage firms offer similar news callers. With differences in weekly or biweekly publication. Some newsletters Are Send free to customers while others involve a Small charge. Brokers Are also More than willing to Supply prospective customers with pamphlets and folders on investing topics. Some examples of inc publications available include under standing options. Option writing Strate gics investing in municipal Bonds for tax free income. Buying puts and Calls commodity fact Book How to invest and insurance stocks a bullish lax advice though the brokers handle several in vestment opportunities which have tax free advantages they Are not in the tax advice business. We re nol in the business of advising things like taxes which i get Calls for Kuplinski one s life savings to play the Stock Market is not advisable according to Kuplinski in fact he says he has on occasion turned some people s not unusual in this business to turn Down he said. If a Guy has Only a thousand dollars or so and that s All he has in the Bank it s awfully difficult to Tell him to invest it because there s a lot of risk houses have account a ecu lives who advise customers on purchases and furnish their opinions on the right investments. Advice on investing is risk business for often the chosen investment docs not perform As predicted and then the adviser has to inform the advised of inc bad hardest thing in this business is to Tell them that things arc going Kuplinski customers Trust their judgment More than inc brokers and use inc broker Only As the representative for their trans actions he said. Customers who visit a brokerage office often will find electronic terminals in the customer service rooms where once they learn the proper codes they May Call up much of the Day s pertinent Stock in or a few people some investors included Lake a dim View of inc whole area of Amer ican be Curilich trading. A pack of swindlers each trying to out swindle each other was the description supplied of the Stock Market by a student taking a graduate level invest mints course. If he had such a dim View of the Market Why was he taking a class to learn about it i think 1 can outbox a few myself he said smiling keeping posted Many brokerage houses have customer service rooms where would be buyers can Settle Down at a terminal such As this one and Call up the latest financial information. Is photo Cullen buying sight unseen personnel warned on land deals Bubo Bucu in staff writer step right up folks step right up we have Tok Deal for you yes sir. This i your old fashioned cure All sure fire land Deal. This no risk. Positively Guaran acid to double your Money of ivc years Deal will the Medicine Man show. Or. Llo Awa tar s Witch Hazel extract. Guaranteed to cure rheumatism. Neuralgia chilblains sores and Medicine no. More like col ored water with Cinamon and a touch of vinegar added for laugh when such Slock characters appear in the westerns. Gracious How could anyone be so stupid As to buy some thing from such a quack go taken Bui there Are american service person Nel and civilians scat Rcd throughout Europe who have been taken by Medicine men hawking land deals Worth As Muchas or. Hoax water s Wilch Hazel extract. Mountain peaks swamps and dry River Beds Are All examples of the property Fui sled on Gullible americans according to John Simmons chief Legal assistance Divi Sion staff judge advocate. , never never buy land Hal you can l Simmons said you won l know if you re buying a River bed. A swamp or inc top of a cells of soldiers and civilians particularly during a period some five years loss thousands of dollars on bogus land deals a change in the us ahead so Lic Lalion regulation set standards for land deals which discouraged salesmen from seeking Usa Reud licensing the contract had to include a provision in which the Mil itary buyer would have to Days to View the property after returning to the . If found unsatisfactory. Inc Deal was declared null and void. As can be expected few land salesmen filed for used end certification. That does l mean there Aren t unscrupulous salespeople still around. Simmons warned. He lumps the unlicensed unscrupulous land Sorters with the majority of door to door encyclopedia Crystal and China salespeople avoid them shut the door in their faces when they come notify officials thai they Are circulating in the housing area. Otherwise you May travel Home to find yourself the proud owner of an acre of arid desert or a lot in the Bayou do As you would if or. Hoax water knocked on your front door and offered you his cure All extract laugh in his face
