INDEX

Indices used in forecasting, 466
Individual holding companies, 643
Individual initiative, 782
Individual proprietorship, 23
Industrial Loan Corp., 16
Industry, captain of, 57, 59
Information, 784

inside, 454, 457

lack of, 768
Insiders, 52, 62, 96
Insolvent corporations, 756
Inspection of books, 70, 77, 773
Installment investment plans, 693
Installments, sinking fund, 246
Institutional buyers, 357, 358, 787
Insull system, 647
Insurance, 518
Insurance companies as security buyers,

368

Intangibles, 528
Integration, 685
Intercorporate conversions, 266
Interest, on bonds, 181

funded, 182

Interest adjustments, 704
Interest payments on income bonds, 215
Interest provisions of income bonds, 214
Interim dividends, 578
Interlocking directorates, 773
Intermediate loans, 501
Internal financial control, 463
Interstate Commerce Commission, 239, 426
Investable surplus, 61
Invested capital, 319, 335
Investigation, preliminary, 297
Investment, in circulating capital, 342

liquidity of, 41

real estate, 328

of savings, 9

scientific nature of, 689

sinking fund, 247

speculative, 323

of surplus funds, 344

temporary, 495

Investment Advisers Act, 459, 697
Investment banker, spread of, 380, 384

attitude of, 426
Investment Bankers Association, 426, 695,

786
Investment banking, 362, 374, 426, 610

criticisms of, 391
Investment banks, branches of, 388

Investment companies, closed end, 691

open end, 691

types of, 690
Investment Companies Act, 459, 696

appraisal of, 699
Investment counselors, 787
Investment incompetence, 700
Investment markets, 10
Investment outlets, 9
Investment preferences, 359
Investment services, 482
Investment status of guaranteed bonds,

212
Investment trusts, 688#.

American, 689

English experience with, 696

European origin of, 688

evolution of, 700

loading in, 693

popularity of, 694

regulation of, 695, 697
Investor intelligence, 427
Investors, 264

speculative, 264
Involuntary dissolution, 127
Issuance of stock, 78, 94

Joint bonds, 210
Joint stock company, 27, 53
Joint venture, 26
Judge-made law, 22, 23, 787
Judgment, deficiency, 750
Judgment claims, 755
Judicial bureaucracy, 742
Judicial sale, 190, 755
Junior lien bonds, 195, 749
Jurisprudence, 787

K

Kansas blue^sky law, 410
Keil, F. A., 266
Knight, E. C., case, 680
Knight, Earl L, 134, 266,

Laissez ja.ire, 781
Land, appreciation of, 236