Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-01-19
MISCELLANEOUS. a..na,
o STOCK DEALERS.
SPECULATION
ON a SAFE BASIS.

no TnK PUBLIC WHO DEAL IN STOCKS.
l aud particularly to that class who have
neither tns willingness nor ABILITY 10 tahe tbs
great risks Attending the method Of dealing
heretofore IN us. the feasibility Of away 10
speculate on . l.r;s scale upon The payment ., =,
loss oher than the forfeiture Of the small
amount VI money origin lily paid lin the evrnt
OF the psfsicalT stoos dealt In MOI ridnS or
falling. aeeJrding 10 the expectation OF the
o. rstorI. asd with perfect fresdon from az
sToCK r~RivlLEGEs, known As "rurs"
aud CALLS" property and hororably con.
Quoted. eommsn ~ Itself tejoad eavii ~ the
| only plan Of operating. weie thi, not ~, why
would such extensive dea isgs IN stock rrivi'
| leres BE- carried M In all tho great stock cen.
tiers OF the WORLDLY Fer ,rars the system has
met with popular favor and pstrc'a age IN PAr,s.
London and ksw York. and within the PAL
rear has grvwn 20 large proporiio . IN san
franrisco.I Many fastans. have been 2 aii.ea
t. vestments. II 10 true the, one c.naoi alSay.,
make Tor n TIE particular stock dealt In should
rruala Stationery until the expiration OF tue
Privilege CoLtraet the purchaser wand loss
the payment which h Originally male, put can
ios NJ nior. Heretofore there have ben icr
our public only the following methods Of deal
ing in stocks:
iir.t-A purchase up n the payment OF the
whole amount Of Inoney. In which case the
Il pufcha'sr runs only tine Utk oi ueVt-s .a,.,'
In the vsius Of The stock. which 10 . great risk,
oftsntimes being aitJ per cat. In = single wssl
sseoad-A parehase upon tho payment Of Z
part Of the co~t of the stock tsas forf psf
cent?. generally known % buying on : MAJ,
gins"-s system fraught with s'csf danger. ana
rauaiiy a. bad ~ :" ,sortgasini ones home
st.ad.' having brought many apeeson To Dry
.,,.. a. a.uv.r a, IN
ture time. the person selling hsing vithont We
stock sd anticipating q decline. with 'he ex'
psetaiion Of buyi.g u m ~ . lower price bsfort
Inc m Of delivery expl,cs. Ihis u known ~
" selling short" aud r~quircs . payment down
OF 81 least forty per cent ON The inarset vaIue
Of tho stock. and eatzls u~nliniioi Liability GU
Ons who thus Operates. CeriA My mo prvp.r
minded person can co nm,nl II 10 the people
In contrast TO the sb,ve ola system Of stock
speculation, the Phvllex-, Or : Tut" and
.caii.- plan 10 far preferable. In New rors
heavy stock operator. such - na.sell sage
.Pun. and " Calls" only In large parcels q
any one purchaser. and In San francisco thers
ars also wealthy operators In and out OF ths
san Rnpeieeo Stock and kxchange Bssnd, The
ssil this came character OF fnvilese ouiy IN
ianns parcels. These Privileges can always b
bought In San rtancisco. but only In larg- lots
To utulzs thsse Privileges oblainsd IRON BIZ
opsrztofS and 10 give the public an opportunity
20 take aAysAiAss Of thsnl In q imiiaf ray
according TO the ability or desire OF each per
sou. 10 within tho province OF o brok-r 10
Sitens Of sny mstirr Of pubiic Interest and
never fall to appreciate what IL good and reIsel
The contrary : tor they act from principle. br.ec
on results. As IN politics the platform OF :
20 in s,ocs speculation has the pian Of stoei
Privi sees been tried Ia the erueibls OF public
opinisn. aud has become thercos mort popular
even day. - ,,,