Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1875-12-23
TO STOCK DEALERS
STOCK SPECULATION ON \
NATE RtStS.

T. the pahlic he deal ia stacss aud par
ticsiAxls 70 that class who hsee neither sAe
willingness nor Ahali'y r. take the sweat risks
attending the method 1t auNliuk beSetafaTe la
Bse. the feasibility of sway t. speculate 60 a
large scale Hpoa the payment Of slaall ssam
81 uzoaes. With nc possibility of loss othsf
than the forfeiture u the snail amount ~
n8ogey originally laid tln the event 81 tbs
particular stssSI dealt ia net rising % falling.
se-sritre O. the eNIseStstiun IS! iAe Vpors; = +.
and With perfect srcciom from al liability
f0r more Mad. the sy~tca 81 STOCK
rRiNfLNGEs. kuosa A. PUTS and
CALLS. properly Sna honerAbty eva,.uctci
caaatac5isss it~t II t4evsnd ckv4i a. tho uu3E
piAu ~ ufsrstiuR. Merv This pot -, why
would suCh extensive dealings In stuck PrsVs-
leses es carried On an ali the Kyvsi sfoak cs,.
ters - ihe wur1dR Per yrSrs the syssnsa has
saei with papuaAs favor And lsstc,uSSc ~
Paris, tsoudaa and New Nofk, sn4 within the
past Year has EroNn h. large iraJsurts1a4s Ia
san Francisco, Many fortunes hsve Neva
realised Ia ihss way by persans beginning with
ssuall Investments IL il true that oue canng,
Slwsss makt. foT II tAe particular xst<k aeNl
IL shoaia remain Stationary until tilv exrsra-
tiun of the Privilege Gatgset the paarehsSs
wcald luso the pAsmen; Witch he originally
mellC. but eSu l1~e lau IA ~. Heretofore thegv
have etsa for eGf paa.3c au.9 tae following
Aavsh.s.ts 81 ae&liHg Ia s,sN-kS,
tl=st--A pan base upon the payment 81 TIE
whe.e s1wegii q nsoHry. IN Wuirh ease the
purchaser rams only the RISK 81 a 5eprvetAis7E "a
IN tlse value OF tAc st,sck which j. a srvat -4sk
s4setsints Ne}ag ATTY per ovaL 81 ssl3.sc
week OF meath.
Sound \ purchase apou the payment q a
Tsft Vi tat s. ~ 80 Ihe sts.ck lSAy tufty lar
.eub stiI, rally kapun ~ baesUe uH s'sass.
S.ass sysse4a irauehi NitA s.rvAi danger
s4i cguAlly - bal a. ssguastszgaus ts5, :
a,anuetead.' having hroaSh' ..-s.y = T., Tsaa
&C. isce>sIy.
ma -f.f 49,. "a 4,
fuiar, u.ae, t.5v ieT~'p sslAssk ts!1.E witi.at.,
the stsek Etd satieslatits &o, lur. with tac
'13set ta'gau - 1uSanE 8; IA 81 le~vv Ys4 =
before tbs ;taac - tfpl5Nrg- expires Taas -
SuoVa selling short. ard rcsl&iTcs Ray
ascent ausn uf 81 least fassy 10y eugt. tsas th.,
tsAs kct ys.ar 81 iee $50, sls entails aul4aait.
~ lEstsilty ga ore who ttaS aperx;o. CIR
ista.S rs pSala T~lt;s,3csi pas, - So g,sz2aserl
% H. she pepge
Ia contrast The Al,avc oia sy,scsn ~ s,acL
slvees.as+t "a. tl4r lg4yalHRg ey !ai as1 t's4l''
p(aa Is tat gvrtrrSb,s- la Nsa Vera AtxNK
q AIS i's.se IrvW su8 ether, A. ID Pats
kaa " calls oa44y N large Y@rstfs 90 AAy usss
purchaser. sud ga Sau FrSfs.tsau therv 49, SIS
wealthy operation u Aud oHi sss ttss sAn wan.
sisea ~iscG saa tAShzagv hAArt eha soil TITS
sasssr srstteT 20 Privilege atasy "a lasev pAs-
Ce.s. 1b~sr Privileges cAn H3ssfs hr bs,.s.a 1t
ia SRa FraBgi<oQ. bNs azlly ia large lots
II at4l.zv tzssN Privileges oNiAiesd f-oia
sas operators and g. save iAc public an aY-
r1ssta1iiy l. tAks advantage u thsau IN = small
cr wAy, according 80 the ability sT aosarr ~
each lseFSsn. Is Nlt3saa t4e pToyEAcv u 3 iSssk,
cg ~ Sits 4 Privileges, The gsraple are the
saa.f sfestesS 81 Sas Eaxs;cF of pubiic interest
Sas3 newer gSii g. ~pGrwclKic hzs Is good aassi
rvgect the cNrtrsry fer tAe, sct iran prip-
cap!t based ca ree0liss A. an politics the tizs-
fora - party provides The te>l Ter success
~ the C&ase. - IN s,ork Spes aialinsa has "a.
plan u stsek Privileges eera trivd ia the cru
cah4v ~ pGa.ac epatten and las tsreoaac there
Ny Wsuro pepgalAr even aay,
gGr esplAnAtl - ~ the ru; and CALI sys.
,c4a aaSy hp .avon zs follows,
Pat Contrast eNzties the holder - il e.
rlAAc Praat by fall IA the ssack tsias the
pFtct s5~rlaea In abe contract. Tass lAArRes
ter - c0atrSct Is sisae3 ~ a price below the
market value of the STOCK ST tae time u ir,.l-
iEs tLs curtrAcf. and reAs8s A. fellows