Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-01-18
IA
TO STOCK DEALERS.
srocK SPECULATION
ON A SAFE BASIS.

no TuE PUBLIC WHO DEAL IN STOCKS.
aad PERIODICALLY 10 that class vno have
neither tins willingness nor Ability 70 tate tns
graf risks attending ths method OF deAins
ssrcto:oro In uss. the feasibility Of way 70
spscu,sts on . lsnes scale upon the payment Of
s,m.i saa sf MONEY. Win 10 possibility Of
loss osher than the forfeiture Of the small
snssnt VI monsy originally paid lin he event
Of the particular stocG dealt In not rising or
faihnx. sceJrding u the expectation az the
o, ~eratosI. ad with perfect frcedon rom all
liability for moe mud" ths sysasm o.
STOCK PRtviLkGES. Known - .PUTs"
and Calls. peopsrly and hosorsbiy con-
dncted. esmmsni In iiseif tsSood cavn - the
only plan % opsrstirg. Were this not 20. Why
you'd ouch extensive dea irgs In Stock fnvi'
l~res be cArrisd 90 In all the reas rock cen
trs OF the vorlds Fur years ths sysiem has
London and Nee YORK.. and within the pat
y,sr has grown tn large proportions In san
franrisco. Many f.xtanss have bseu l~aliEel
In this wsy By persons beginning with ANAL
t'vcstmsnts. ID 10 true thas one eAneos Away
MAKE. loo 10 tse particular stock dealt In should
reaain ssatisnsFy mill the sxpirAtioa Of ths
| yriUlesv Costraet the purchaser vsuid io-<
the psyrnsnt which he originally msie. but car
| lose no mure. Heretofore there have been toi
ous pahl,c only the following n'ethsds Of deal
sin,~x pa-ehass Jpn the payment Of III,
l 8AA14nA " J. ~ 49, -
pufcha.es run oaiy the risk Of adsrrseiaiio'
IN the value Of the stoek. hich 10 grrAf rish
oftsntimes bring mtg per Q NJ In . single wes'
OF moath.
s-eoad-A parehsss upon the paymen, Of
part Of the cost of the stock tsAS forty 20
guns system frausht with great danr.r. an
eqaAlly ~ bad - wortgasin q ones home
steal" having sr.ughs ,Aaay apsrson ~ bod
ssxy. ~ .
turu tina ths person selling bsing without th'
stock a.d ntihpaiins Q decline. with The OF
pectation u ssy,sg 70 IN 81 . lows price oefor
ihe time Of delivery expires. This 10 Known .
" s-llins short" and r~quires . paJment dow
Of :, l..s. iofsy pee cent on N. nMs., ,si y,
ono VITO thus oper.t--. certasniy No prop-r
miudel p~rS0n eau Gu rmsnd 10 10 the people
In e~oairsst ~ III ab,ve old system Of stoel
speculation. he PhvilcG... VI Pat an.
.CAl.- piaa b far preferable. In New Tor
heavy stock operators. such - Russell SAG
jaw Gould. DANIEL Drew. and others. eel
/" Puts and :. Calls" only In large pa'esls 4
any ons psrchsssr. and IN San frsncisco Their
as slso vxa,thy Operators In and out Of Oh
san franeiseo STOCK aud Exchange Beard. uh'
ianss parcels. Thee Privileges Geo always b
bought In San frAneisoo. bat only IN larss lots
To utilize thsse Privileges obtained from oil
operators. and To give the public an opportunit,
to take Advantage Of them In . aimiisr way
according 10 tee ability o. desirs % eseh per
zoo. 10 within the province Of Q Broker Il
stock PRIVILEGES. The people ae The SOLE ar
bitsr Of any matter Of public Interest, an
never fall 70 appreciate what 10 good and reise
IN. contrary ; boz th.y aet from principle. base
On results. A. IN politics the platform OF
party prsvldss the tsst for success Of the cause
% In s,ock speculstioa hes the plan OF stocl
Prtvi sgss b-<u tried Ia the eruelhls VI publ
opinisa. aud has become thcreoo mors popuis
ever day.
The explanation Of the "Put" and :" Call
system may b given - lollow.'
contract enables the holder OF ~
make . profit By . fall In tbs stock belov III
price ppsciaed In the contract. This chzrscte
% contrsss 10 signed Of . price oslov tns mai
bet value OF the stock ct the time Of tssuins th
contract. asd reads a. follows;
"Put~ Csatract.
vtnatSIA. New. -- Isl.
For value r~vcsived, the bearer may dsiiver :
tbs underuiRned - shares Of the capits