Trial by Statistics

Through all Wall Street a story has recently made its whispered way. It is the story of a member of the Exchange who was summoned before the governors for his supposed connection with the recent decline in Fox Films, who came through the harrowing trial by statistics completely exonerated, who used columns of figures to prove Fox, at the time, was overvalued, that he had spread rx> malicious reports.

The member is 32-year-old John W. Pope, quiet, softspoken, independent student of values and a firm believer that stocks will seek their values, up or down. All Wall Streeters were glad the Exchange had found Member Pope, who represents the highest type of bull or bear, innocent.

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