Lyon County times. [volume] (Silver City, Nev.) 1874-1907, 1876-01-11
ITo STOCK DEALERS.
STOCK SPECULATION ON A
SAFE BASIS.

To The public who deal IN stocks, ana par
ticulsyly to that class who have neither tne
willingness nor ability 10 take tle graz no
attending the method Of dealing he-etoioIe ~
nse the feasibility Of . way to Speculate On
large scale upon the payment OF sllaii En-
than the forfeiture Of the sDaA amount %
monrv originally paid lin the event o. 'he
nsrticular stock dealt in Lot using OF iAAihsf
sorording to the expectation OF the opefstoiIt
and with perfect freedom from All nanny
or .smnre mud" the system OF olOCh
ppIvrTFGFs known as PUTS" and
.CA.LS." properly and honorsbly conducted,
eomInet,ds itself beyond caylt as the Oil!
plsn of operating. We're this not 80, WY
would such extensive dealings In STOCK frisf
leges be carried ON in all the great STOCK cen
ters Of the world? For years the system mas
mel with popular favor and patronage IN
Paris. London and New York, and wlihlh the
mast vexr has grown to large proportions III
san Francisco. Many fortunes have oeeh
realized ID this way by persons beginning viii
small investments. it is true that one cannot
always make for if the particular stock dealt
in shouId remain stationary until the expira-
tion of the Privilege Contract, the pnlehss 7sl
would lose the payment which be 0rlglnalI!
made but can lose DO more. Heretofore there
have been for our public only the ioliONlHs
methods Of dealing in stocks;
Ftrst-A purchase upon the payment OF the
whole amount Of money. in which case the
purchaser runs only the risk Of depreciation
ia the value Of the stock, which Is great rlsk,
oftentines being fifty per cent IN single
week or month.
second--A purchase upon the payment OF
mart of the cost Of the stock (ssy forty per
cent generally known as buying on mar
Gins system fraught with great danger
and equally as bad as "morgagin9 ones
Homestead" having brought many person
to beggary.
Third--A sale of any stock to deliver al
future time the person selling being without
the stock and anticipating decline, with the
expectation Of buying it in at lower price
before the time Of delivery expires TINS IL
known ss selling short, and requires pay
nlent down Of at least forty per cent on the
market yaine Of the stock and entails unliinit-
ed liability on one who thus operates Ger
tainly no prOper-Ainded person can eoihInehu
il 20 the people.
In contrast 10 the above old system Of stock
specGlztiou the Privilege q Put and Cali
plan is far preferable II View iesk heavy
stock Operators, s2e1 as E1se&-4 sage, %.
could. Daniel Drew and es1s-sr sell Puts
and -.CalIss oulr IN args Ea,rsas &c Azy ons
purchaser and IN S.1 FrG1tasEIo there are ALSO
wesIrLs grerzsn-x Il And Egu5 &C tie -hZ srzn-
cisco -tgsl ar Exchange E1aara WIS sell tins
same ehsr.etzr q Er1TlJHgs z14F II large pay
cells These Privileges ,;I1 a. WINS .. o9asbi
I in san Fr1zezsiss,. s,T1 sul 4! III Large LIZA
To utilize fayess. Privileges tsslfIsre IL q
I big cUera.Erz Ans1 a. CIV. aIss gsnll3s Al ul'-
rsrrEusry = sA1s BGHIl'si.lt g li.s1 IL sz-hl-
l rr uay seEsE1EzIl ls ME Lt4-lE "a 2-fs1rs q
I sseh perss51 u v11izl Tie 5lssF-Det o. t-tE-
sr IN ssasx ErzIzsazss- IAs 1sslE3s Ers Tie
3os- areEzsxx a EzE 1laiatr d Er-f1t Interest
and neTer sIzl 81 izsrs,--rze yasii Il eoaa I-i9
-w5-1rf tie agczrErT szr I.Jsg III 3-El1n Er1D-
rszzs .u.sssz q -zss14sE. A. Il r,Eaf The pitt
Z se-- & ya-,sF yrsz31iss -bt 1asz 1uc s1coess
q TIE tlnlse- n f7atE ssJ'.zlI1s11u1 Aks fDs
,Gtn Il SIKH Privileges Hs-t1 tined II The crp-
G5s5s u siiil1g EE1zlnI Elid 1As ison4ls there
f By ugrs yspn-1- s'vss-z nEy
The tzJill1aI1luI Ut zife l'uz Enu ls4 syS
tenn n.lGE 4s. l-'zsl NJ 1allnws
4-s,lf' Eslnr1-al-i enables 1ht holder q Il Il
( naliSs a llriIfr n Sail IL sils sI0aE Dslov tn.
l1-lns specified tins subtract. Tins oHkrbe
Z l.r III ;ulrl-zc1 If slglied AZ price bs19v IL.
nui-ifil Vsalu. 81 ia. sIock u 1hs time % 1ss1
lIls .iiIs ruIIr-ac1 amt reaus as foLpvE.