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University Daily Kansan Monday, Oct. 10, 1955.
These Students Invest In Stocks
ERIE, Pa. —(U.P.)—When a college boy talks about financing, he's usually thinking more of floating a loan for next Saturday's date than of investing in stocks and securities.
But the young men of Gannon College really know about such things as blue chip stocks, prospecti and debentures due to a program instituted by Edward Lamb, publisher of the Erie Dispatch and owner of radio and television stations.
Five years ago Mr. Lamb set up a Student Investment Fund with the first of four $2,500 contributions. He stipulated that the money was to be used to teach students how to study prospective investments, report on their research and eventually make actual investments.
Any profits the students made in carrying out the program were to go to the endowment for Gannon.
Mr. Lamb made the last of the $2,500 contributions last spring, and although that final sum has not yet matured in investment, the $7,500 he gave earlier has grown to $12,260.
The students make the actual investments. Two faculty members act merely as technical advisers.
The students hold weekly meetings to discuss detailed reports on various stocks and promising business ventures. Then they vote on whether to buy or sell any of the particular stocks under discussion. After that, they meet again to determine the number of shares to be bought or sold.
Drilling Equipment To Be Shown On Hill
The latest equipment used in drilling and development of oil and gas will be shown Tuesday and Wednesday. The Baker Oil Corporation, Los Angeles, will bring a mobile bus to the campus. The corporation is one of the largest distributors of drilling equipment in the nation.
The bus will be parked across from Marvin Hall. Displays will be open all day and an attendant will be there to explain the equipment;
Attic insulation should be checked before cold weather to provide maximum heat protection during the winter.
FREE Installation On Mufflers and Tailpipes
KU Student Special
Lub. Job $1
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Jewelry Bulova, Elgin Watches
Luggage
Samsonite, Luce
Men's Wear a complete line
Expert Watch Repair
No extra charge for credit
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are you going to miss dave brubeck tomorrow night? cert 8:00 hoch
tickets on sale at the door also tickets on sale at the information booth and union concessions stand
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