Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-01-21
~ILLAyE
TO STOCK DEALERS.
STOCK SPECULATION
ON A SAFE BASIS.

no TUE PUBLIC WHO DEAL IN STOCKS.
and particularly to that class who have
nsithsr the willingness nor ability 10 tate the
great risks attending The method OF dsaiing
bsrstofore In use. the feasibility OF WAY 70
speculate on . lsrge scale upon the payuent OF
asmsll sum of money. with NO possibility oi
loss osher than the forfeiture OF the small
amount IL money origin, ally paid lin the event
OF the particular stock dealt In not rising OF
falling. according TO the eIp>ct.tion OF inc
liability Tor .morc mud" the system Of
srocK PRiylLKGEs. Known .. "tUrs"
aud .CALLs," properly and honorably con-
Quoted, comments Itself ,syont eavii - the
only plan Of operating. Wee this not %, why
yoa.d such extensive asa'i.s' IN s'osn nnn.
tiers Of the world! For years the system mas
met with popular favor and patronage IN Paris,
London and Neg York. and within ths past
year has grown 20 large proportions In san
frsnei.co. Many fortunes have been r aiifed
Ia this way By persons beginning with suali
i~1vestnents. II 10 true thai one cannot Away.
| make. for 10 the particular stock dealt 10 should
remain stationary until the expiration OF the
prvileyv Contract tue purchaser would 'oee
| the payment which he originally made, but can
ioss no more. Heretofore there have been ior
our labiie only the following methods Of deal
Sipt-A purchase up N the payment OF the
whole amount Of money, In which case the
/ purchaser run only the risk Of . desr~eiation
In the value Of the stock. which 10 . great rick
oftsntimss being fity Per esnt. IN = single weeh
or month.
secoud-A purchase upon the payment OF q
part Of the cost u the stock (saJ forty pet
cent }, generally known ~ buying ON " mar,
gins sysiem irsusht with great danger ,anl
equally as bed - T. mort asin { onc's bone
stead" having brought many Aperson to eg'
Third-A sac Of any stock to deliver at . fu
ture time. tho person selling bsing without thu
stock ssd aniiipaiing q decline. with 'he -S'
poetAtioa OF buy III u IN 81 . " price befort
The ,me o. dslisery oxpi,es. hi. !. known a'
Of 81 Ices, forty per cent. ON the inarte, yalu,
Of the stock. and entails unlimited liability on
one who thus operats~. Certainly no proper
minded perron ean % vmeni 10 To the people
In contrast TO the above old system Of stock
.pssSl.,ion: ,hc Pd.,lss,s Or Put" y AM
hsavy, stock operaior,. suca as Russell sage
Jay Gould, Daniel brew. and others. sell
"Puts" and Calls" only In lArss PARCELS u
any one parehAssr. and In San Francisco thers
San Pnneiseo sioek aud Exchange Bosfd. whc
sell this came character Of Privilege only In
large parcels. These Privileges can always b.
bought IN San frnncisco, but only In large lots
To utilize these Privileges obtained from BIZ
operators, and to give the public an opportunity
according TO the ability or desire Of each per
Son. 10 within the province Of . Broker 10
Stock Privileges. The people are the sole ar.
biters Of any mattar OF public interest. and
never hil 10 appreciate what 10 good and rvisel
the contrary for thsy set from principle. based
party provides the test for success Of the cause
10 In stock speculation has the plan OF stool
Privt sges been tried Ia tho erucible OF public
opinisn. aud has become therebs more populAi