The Albany register. [volume] (Albany, Or.) 1868-18??, 1875-02-12
THE POWER OF GOLD.

Three Illustrations in Point. Showing
How n Turn Hn Stocks Affects DfReren
individuals.
It is truly remarkable what differ
ence money will make with some men
We have an excellent opportunity nov
of observing the great change. since I
goodly number of our citizens have re
Gently become well-to-do, by the late
rise in stocks, who were comparatively
poor before the lights of miners can
dies cast their rays on the great bonan
"a. We will not speak of the man who
still holds on to his stock, but of him
who has sold out. Our first illustration
will be of the man who bought Califor-
MIA at about $40, and sold when il
reached 5000. He hangs around the
Stock Board every morning watching
each quotation with the intensity of a
bird of prey watching it's victim. When
California makes its appearance his
countenance will undergo marvellous
change it assumes fendish express
rapidly, then slowly draws nearer and
squints at last, when there is no longer
room for doubt, he rushes frantically
across the street, calls for glass of
beer, seats himself at table, pulls forth
piece of paper and pencil, and then
commences TO figure up what he has
lost by selling SO soon. Obi for the
quiz of a Dickens, that we might draw
pen picture of his thoughts. He is
the man who never stops to think that
he has made $3.50 on q share. He only
takes into consideration the fact that
the stock is worth $500 now and that
he sold when it reached 5000. His
friends handy him, and he is utterly
miserable. Our second illustration is
the man who got out of Consolidated
Virginia at its highest figures. He is
the happy man he is the prophet. Ask
him and ne will tell you that in less
than a week you can buy any stock on
the lead for $50. Every man that he
meets he shakes by II Q hand, invites
him to drink, tells him how he bought
at $50 and sold at $500. The lucky
seller is always very cautious not to
conede his lucky venture to man who
is flat broke. Oh, mol Not he. Should
a dead-broke happen to strike him for
piece he is repulsed. He, the lucky,
has all his money still in stocks, SO
he says. He positively hasn't a $40
piece about him but if half dollar
will do, he'll give it up. And so it
goes. When the lucky man hadn't but
$40. he would give up SO of it to q
suffering friend but now, how differ
ent He wants to go to the centennial
wants to make trip around the world.
In fact, he really don't know what to
do with either himself or his money.
Our third and last illustration is true
one, taken from life; but no more SO
than the previous one. There is a
printer employed up in Virginia City.
who for the last five years has not had
q dollar to call his own. Somehow, last
October, he made raise of $3.50. and
be made up his mind to salt it down.
He salted it by putting it in Best &
Belcher at $16-buying thirty shares.
It's better than any show to watch that
man now. Every morning before the
list makes it's appearance he appears to
be on pins and needles, snd his proof
shows horrible errors in composition.
Just as soon as the quotation appears
he is off No more work for him that
day. When he goes to San Francisco
he says he will hire suite of rooms at
the Grand Hotel. He used to stop at
the What Cheer when he visited the
bay before.