{"language": "en", "segments": [{"text": " This is the residence of Fred Finchley.", "start": 26.52, "stop": 29.78, "id": 0}, {"text": " He's a family man who enjoys the peace and quiet of his little home.", "start": 30.42, "stop": 34.84, "id": 1}, {"text": " Fred Finchley has a good job.", "start": 37.44, "stop": 43.82, "id": 2}, {"text": " Freddy, look.", "start": 44.0, "stop": 45.1, "id": 3}, {"text": " And his family enjoys their standard of living.", "start": 45.92, "stop": 48.6, "id": 4}, {"text": " His salary keeps up with the cost of living, and he owns some of those work", "start": 50.96, "stop": 57.28, "id": 5}, {"text": "-saving appliances we all admire so much.", "start": 57.28, "stop": 60.56, "id": 6}, {"text": " Finchley always checks to make sure he gets his money's worth.", "start": 61.44, "stop": 64.46, "id": 7}, {"text": " But after paying his savings account and life insurance premiums,", "start": 65.84, "stop": 71.8, "id": 8}, {"text": " there never seems to be enough money left to pay for that.", "start": 72.82, "stop": 76.02, "id": 9}, {"text": " But there's a time for dreaming and a time for working.", "start": 76.24, "stop": 79.88, "id": 10}, {"text": " So every workday morning, Finchley joins the stream of traffic", "start": 80.68, "stop": 84.64, "id": 11}, {"text": " that flows toward his job.", "start": 84.64, "stop": 86.18, "id": 12}, {"text": " As you can see, Finchley could not be called Victor.", "start": 88.12, "stop": 92.16, "id": 13}, {"text": " But he always gets to work.", "start": 93.72, "stop": 95.14, "id": 14}, {"text": " Right.", "start": 97.0, "stop": 97.3, "id": 15}, {"text": " On.", "start": 98.68, "stop": 99.24, "id": 16}, {"text": " Time.", "start": 100.78, "stop": 101.16, "id": 17}, {"text": " [...]", "start": 102.86, "stop": 103.46, "id": 18}, {"text": " How are you? $60 a month.", "start": 103.76, "stop": 105.76, "id": 19}, {"text": " Have a cigar.", "start": 106.32, "stop": 107.02, "id": 20}, {"text": " Thanks for the good work, Finchley.", "start": 108.1, "stop": 109.88, "id": 21}, {"text": " Well, gee, thanks, J.V., for the cigar.", "start": 110.54, "stop": 114.76, "id": 22}, {"text": " And the race.", "start": 115.46, "stop": 117.78, "id": 23}, {"text": " $60 a month.", "start": 120.7, "stop": 123.06, "id": 24}, {"text": " Can I use it?", "start": 123.6, "stop": 124.8, "id": 25}, {"text": " Sure you can, Mr. Finchley.", "start": 125.62, "stop": 127.12, "id": 26}, {"text": " But how?", "start": 127.76, "stop": 128.26, "id": 27}, {"text": " Yes, what will you do with those extra dollars?", "start": 129.78, "stop": 132.1, "id": 28}, {"text": " There are lots of things you could do.", "start": 132.32, "stop": 134.16, "id": 29}, {"text": " Bury it in a tin can in the backyard, for instance.", "start": 134.74, "stop": 137.08, "id": 30}, {"text": " But idle money may in time depreciate.", "start": 138.3, "stop": 140.8, "id": 31}, {"text": " Or you could spend it on a couple of nights out a week with the wife.", "start": 141.36, "stop": 144.74, "id": 32}, {"text": " This seems like a lot of fun.", "start": 148.16, "stop": 154.58, "id": 33}, {"text": " But with this kind of life, you'd depreciate.", "start": 155.64, "stop": 157.84, "id": 34}, {"text": " So why not put your money to work?", "start": 158.54, "stop": 160.62, "id": 35}, {"text": " Put my money to work?", "start": 161.56, "stop": 163.36, "id": 36}, {"text": " That's right, Mr. Finchley.", "start": 164.16, "stop": 165.16, "id": 37}, {"text": " You can own a share of American business.", "start": 166.04, "stop": 168.32, "id": 38}, {"text": " There are over 1,200 companies listed on the New York Stock Exchange.", "start": 168.56, "stop": 172.14, "id": 39}, {"text": " Companies which employ more than 11 million people produce half of", "start": 172.98, "stop": 176.68, "id": 40}, {"text": " all the goods made in America.", "start": 176.68, "stop": 178.3, "id": 41}, {"text": " And pay about half the nation's dividends.", "start": 179.08, "stop": 181.08, "id": 42}, {"text": " Many of these companies have been paying dividends for 25 years or longer.", "start": 182.12, "stop": 186.52, "id": 43}, {"text": " [...]", "start": 187.32, "stop": 187.68, "id": 44}, {"text": " Neither are most of the people who own shares in American business.", "start": 188.16, "stop": 191.62, "id": 45}, {"text": " Three out of four of all share owners are in families which make less than", "start": 192.62, "stop": 196.08, "id": 46}, {"text": " $10,000 a year.", "start": 196.08, "stop": 197.74, "id": 47}, {"text": " The raise was only $60 a month.", "start": 197.86, "stop": 200.1, "id": 48}, {"text": " Well, the monthly investment plan is specifically designed for anyone who wants", "start": 200.68, "stop": 204.6, "id": 49}, {"text": " to invest in common or preferred stocks on a pay-as-you-go basis.", "start": 204.6, "stop": 208.82, "id": 50}, {"text": " You can pay $40, up to $1,000, every month or every three months under MIP.", "start": 210.12, "stop": 216.12, "id": 51}, {"text": " So why not the member firm of the New York Stock Exchange and get some practical", "start": 216.58, "stop": 221.94, "id": 52}, {"text": " advice on how to own a share in America's business.", "start": 221.94, "stop": 225.84, "id": 53}, {"text": " And before you invest, investigate.", "start": 226.5, "stop": 229.76, "id": 54}, {"text": " Yeah, invest.", "start": 231.76, "stop": 234.1, "id": 55}, {"text": " Just think with $60 a month, I could.", "start": 235.16, "stop": 238.1, "id": 56}, {"text": " Just a moment, sir, if you please.", "start": 246.12, "stop": 248.28, "id": 57}, {"text": " You look like the kind of a man of judgment who knows how", "start": 248.8, "stop": 252.96, "id": 58}, {"text": " to invest his money wisely.", "start": 252.96, "stop": 254.48, "id": 59}, {"text": " Won't you step into my office, please?", "start": 255.32, "stop": 256.94, "id": 60}, {"text": " Let me give you a hot tip of the strictly confidential.", "start": 257.44, "stop": 260.32, "id": 61}, {"text": " For a limited time only, we are offering to discriminating buyers like yourself a", "start": 260.94, "stop": 264.72, "id": 62}, {"text": " few shares in a world-famous company with mines in Nigeria, Tasmania,", "start": 264.72, "stop": 268.62, "id": 63}, {"text": " Somaliland, and Brooklyn.", "start": 269.12, "stop": 271.14, "id": 64}, {"text": " It's... ...some unlimited.", "start": 272.4, "stop": 275.78, "id": 65}, {"text": " It glows in the dark.", "start": 276.36, "stop": 278.14, "id": 66}, {"text": " Small investment, big profit.", "start": 278.74, "stop": 280.18, "id": 67}, {"text": " As a special favor, I'll let you have 100 shares for only 40 cents a share.", "start": 280.56, "stop": 284.48, "id": 68}, {"text": " That comes to $40, plus, of course, $20 for putting you onto", "start": 284.78, "stop": 288.5, "id": 69}, {"text": " a sure-fire moneymaker.", "start": 288.5, "stop": 290.1, "id": 70}, {"text": " You are now a man of some...", "start": 290.7, "stop": 293.16, "id": 71}, {"text": " Hey, you!", "start": 293.16, "stop": 297.14, "id": 72}, {"text": " [...]", "start": 302.46, "stop": 302.98, "id": 73}, {"text": " Mr. Finchley, there is a big", "start": 298.98, "stop": 305.78, "id": 74}, {"text": " difference between dealing with a fly-by-night operator and a reputable broker.", "start": 305.78, "stop": 310.0, "id": 75}, {"text": " Please sit down, Mr. Finchley.", "start": 310.96, "stop": 312.14, "id": 76}, {"text": " First, sell me.", "start": 312.8, "stop": 314.08, "id": 77}, {"text": " What are you gonna sell me?", "start": 314.58, "stop": 316.46, "id": 78}, {"text": " Not a thing, Mr. Finchley.", "start": 316.94, "stop": 318.36, "id": 79}, {"text": " As members of the New York Stock Exchange, we are prepared to be of service", "start": 319.22, "stop": 322.72, "id": 80}, {"text": " to you, if they...", "start": 322.72, "stop": 324.28, "id": 81}, {"text": " Every day, member brokers buy heads of thousands of shares of stock.", "start": 324.28, "stop": 328.44, "id": 82}, {"text": " A doctor in Atlanta wants to buy some stock.", "start": 328.86, "stop": 331.42, "id": 83}, {"text": " A farmer in Spokane wants to sell his stock in the same company to get", "start": 332.2, "stop": 336.6, "id": 84}, {"text": " cash, say, for a new tractor.", "start": 336.6, "stop": 338.78, "id": 85}, {"text": " The Atlanta broker for the buyer and the Spokane broker for the seller speed the", "start": 339.58, "stop": 344.52, "id": 86}, {"text": " orders to their exchange members on the floor of the New York Stock Exchange.", "start": 344.52, "stop": 348.34, "id": 87}, {"text": " When the floor broker representing the buyer bids the price asked by the floor", "start": 348.9, "stop": 353.68, "id": 88}, {"text": " broker representing the seller, a transaction is made.", "start": 353.68, "stop": 356.94, "id": 89}, {"text": " When you sell securities on the New York Stock Exchange, you cash by the buyer.", "start": 358.62, "stop": 363.28, "id": 90}, {"text": " Every day, millions of dollars of listed securities are bought and", "start": 363.54, "stop": 367.78, "id": 91}, {"text": " sold on the New York Stock Exchange.", "start": 367.78, "stop": 369.56, "id": 92}, {"text": " You can check the price of your stock in a daily newspaper or by getting the", "start": 370.28, "stop": 374.92, "id": 93}, {"text": " latest market quotation from a member broker like myself.", "start": 374.92, "stop": 377.88, "id": 94}, {"text": " Well, how do I get the facts before I invest?", "start": 379.32, "stop": 382.9, "id": 95}, {"text": " Before you buy stock in a company, you'd want to know, among other", "start": 383.92, "stop": 387.12, "id": 96}, {"text": " things, its record of sales.", "start": 387.12, "stop": 389.04, "id": 97}, {"text": " It's for previous years.", "start": 390.5, "stop": 392.04, "id": 98}, {"text": " What dividends it has paid and its prospects for the future.", "start": 393.04, "stop": 397.46, "id": 99}, {"text": " Of course, we can't foretell the future, but we can give you many facts and", "start": 398.02, "stop": 403.9, "id": 100}, {"text": " figures to help you select a suitable stock.", "start": 403.9, "stop": 406.36, "id": 101}, {"text": " Well, how about this monthly investment plan?", "start": 406.88, "stop": 409.56, "id": 102}, {"text": " Maybe I'd want to invest only about $50 a month.", "start": 410.16, "stop": 413.2, "id": 103}, {"text": " Well, MIP was set up for people who want to buy stocks, and $50 a month can", "start": 413.66, "stop": 419.86, "id": 104}, {"text": " build up quite a little nest egg.", "start": 419.86, "stop": 421.48, "id": 105}, {"text": " Suppose you take a trial run on the imaginary investment route.", "start": 422.28, "stop": 426.16, "id": 106}, {"text": " You might stock selling for $100 a share.", "start": 427.02, "stop": 429.68, "id": 107}, {"text": " Let's say you invest $50 each month in a stock selling for $20 a share.", "start": 430.44, "stop": 435.26, "id": 108}, {"text": " At this price, your buys almost two and a half shares is the broker's commission.", "start": 436.22, "stop": 439.78, "id": 109}, {"text": " If the price of your stock drops, you all get discouraged, providing you believe", "start": 440.86, "stop": 447.64, "id": 110}, {"text": " the long-range price trend will be upward.", "start": 447.64, "stop": 450.3, "id": 111}, {"text": " Of course, you can sell at any time.", "start": 451.48, "stop": 453.66, "id": 112}, {"text": " You lose on stock that costs you more than $50 a share.", "start": 454.82, "stop": 457.86, "id": 113}, {"text": " In addition, you'll have to pay the broker's commission on the sale.", "start": 458.68, "stop": 461.38, "id": 114}, {"text": " To continue the plan, monthly payment of $50 buys three and a fraction shares of", "start": 462.94, "stop": 468.62, "id": 115}, {"text": " stock at $15 a share, at $27 a share.", "start": 468.62, "stop": 472.6, "id": 116}, {"text": " If you sell here, you'll have a profit on the shares that cost you less than $27.", "start": 473.6, "stop": 478.6, "id": 117}, {"text": " Your $50 monthly payment buys one and a fraction shares of stock at the price", "start": 480.66, "stop": 486.38, "id": 118}, {"text": " of $27 a share.", "start": 486.38, "stop": 488.12, "id": 119}, {"text": " Of course, the price of a stock can go down as well as up.", "start": 489.64, "stop": 492.74, "id": 120}, {"text": " But with the long-range monthly investment plan, your $50 a month buys more", "start": 494.06, "stop": 499.96, "id": 121}, {"text": " shares when the price is low, fewer shares when the price is high.", "start": 499.96, "stop": 504.5, "id": 122}, {"text": " To average out the price of all the stock you purchase.", "start": 505.42, "stop": 508.58, "id": 123}, {"text": " You can quit the plan at any time, Mr. Finchley,", "start": 511.66, "stop": 513.96, "id": 124}, {"text": " and take the shares you have purchased.", "start": 514.22, "stop": 515.84, "id": 125}, {"text": " But the idea of the monthly investment plan is to invest every month on a long", "start": 516.88, "stop": 522.46, "id": 126}, {"text": "-range basis in the stock of a company that you think will have", "start": 522.46, "stop": 526.3, "id": 127}, {"text": " good earnings and pay dividends.", "start": 526.3, "stop": 528.06, "id": 128}, {"text": " Take, for example, a company whose stock is selling at $20 a share.", "start": 529.8, "stop": 533.16, "id": 129}, {"text": " If that company over the past year paid out a dollar a share, the dividend yield", "start": 533.88, "stop": 539.18, "id": 130}, {"text": " comes to 5%.", "start": 539.18, "stop": 540.84, "id": 131}, {"text": " You can keep the cash, or if you wish, the dividends can be automatically", "start": 540.84, "stop": 546.52, "id": 132}, {"text": " reinvested for you.", "start": 546.52, "stop": 548.12, "id": 133}, {"text": " Now, the investment route you're traveling is a good one because the stock has", "start": 549.86, "stop": 554.6, "id": 134}, {"text": " paid satisfactory dividends.", "start": 554.6, "stop": 556.28, "id": 135}, {"text": " And even with its ups and downs, the long-range price trend has been upwards.", "start": 557.0, "stop": 562.08, "id": 136}, {"text": " Mmm, looks pretty good. Thank you.", "start": 563.72, "stop": 566.94, "id": 137}, {"text": " But before I invest, I'm going to study the facts myself.", "start": 567.24, "stop": 571.64, "id": 138}, {"text": " That's right, Mr. Finchley. All investors should study the facts carefully", "start": 574.26, "stop": 578.8, "id": 139}, {"text": " before they buy any stock.", "start": 578.8, "stop": 580.66, "id": 140}, {"text": " And remember, the monthly investment plan is designed especially for people who", "start": 581.6, "stop": 586.96, "id": 141}, {"text": " want to invest as little as $40 or $50, as well as for those who want to invest", "start": 586.96, "stop": 592.46, "id": 142}, {"text": " up to $1,000 every month or every three months.", "start": 592.46, "stop": 597.16, "id": 143}, {"text": " There are many promising investment routes to travel.", "start": 599.44, "stop": 601.92, "id": 144}, {"text": " Many companies whose stocks are listed on the New York Stock Exchange have helped", "start": 603.3, "stop": 607.72, "id": 145}, {"text": " to build our rising standard of living by constantly creating new jobs,", "start": 607.72, "stop": 613.42, "id": 146}, {"text": " services, and products.", "start": 614.12, "stop": 616.08, "id": 147}, {"text": " Therefore, Mr. Finchley and all those who can assume the risk of seeking", "start": 617.7, "stop": 622.72, "id": 148}, {"text": " dividends and profits can put their dollars to work by owning their share of", "start": 622.72, "stop": 629.18, "id": 149}, {"text": " American business through the monthly investment plan.", "start": 629.18, "stop": 633.9, "id": 150}]}