The Worthington advance. [volume] (Worthington, Minn.) 1874-1908, 1880-05-27
A Milli0naire's Career.

WORKED Oh d 16Fm on the HUDSON 1Of 8lU
a month. In 1862 he went to San Fran
cisco and soon after began to work in the
mines for 81 day. Since that time he
has made and lost fortunes. He is rep
resented by the Daily Mining Ne,Vs
| rs saying: "In 1872 I bought 600
| shares Of Central for less than $1,000.
| This mine was soon afterward cut up
| and put into California, and the redis-
tribution gave me $50 shares. never
paid an assessment on it, for none was
ever called for, and in no time the stock
| went up to $40 share, when sold.
That paid pretty well. Let me see I
paid s., 900 and sold for 1926, 900. That
| left me profit of $92O,OOO That was
one of my best speculations, but not
quite as good as another one that I was
in almost at the same time. I bought
500 shares Of Consolidated Virginia for
$50 share and paid two assessments on
it, which brought the price up to $50
| share. This mine was also "cut up"
just about this time, and my 500 shares
spread out into 2. $50 shares. I held this
stock for two years, when it went up
like flash. I sold out in 1874 for $3.50
share. It cost me $28, 600 for my
stock, and I sold it for s., O62, 500. That
was pretty good interest on the money.
One Saturday the stock was selling for
$3.50 a share, but held on. The fol-
lowing Monday it was $500. I tell you,
it took pretty strong head to stand
that. I was getting rich, not at the rate
of 81 ,OOO, 900 minute, as they say, but
800, 600 day or SO; but that was fast
enough. Nobody ever knew anything
I,Io Ill
told my wife and family any of my bust
ness affairs, and never kept any books.
The only book that I kept was little
pass-book that I carried in my inside
coat pocket, with record of ali that I
bought and sold, and the price. Inever
let any one see this, and never
| brought it out except sometimes on
Sunday afternoon, or when I was alone.
Ny heavy losses in 1878 were on Sierra
Nevada and Union. I lost 81, 400, 600
then inside of ten days-shrunk that
much in depreciation of stock. The
veins were not so wide as was expected"
-Neeo York Tribune.
Learn Trade.
never look at my old steel composing
rule, says a prominent writer, that
do not bless myself that while
my strength lasts am not at the mercy
Of the world. If my pen is not wanted,
l can go back to the type case and be
sure to find work, for learned the print
er's trade acknowledgements work,
job work, book work and press work. I
am glad to have good trade. It is a
rock upon which the possessor can stand
firmly. There is health and vigor for
both body and mind in an honest trade.
1t is the strongest and surest part of
self-made man. Go from the academy
to the printing Office, or the farm-for,
to be sure, good farming is trade, and
a grand one at that. Lay thus sure
foundation, and after that branch off into
whatever profession you please.
You have heard, perhaps, of the clerk
who had faithfully served Stephen Girard
from boyhood to manhood. On the Dist
anniversary Of his birthday he went to
his master and told him his time was up.
and he certainly expected promotion in
the merchants service. But Stephen
Girartl said to him:
every we'll; now 60 and learn a
trade"
"What trade, sir ?"
demand while you live. Go and learn
the cooper's trade, and when you have
made perfect barrel bring it to me-"
The young man went away, and in
time brought his old master a splendid
barrel Of his own make.
''Now, sir, I want you in my count
ing-room; but henceforth you will not
be dependent upon the whim of Stephen
Girard. Let what will come, you have
good trade always in reserve"
The young man saw the wisdom and
understood.
Years ago, when the middle-aged OF
to-day were boys, Horace Greeley wrote:
Z" It is a great source of consolation to
us that, when the public shall be tired of
| us as editor, we can make satisfactory
livelihood setting type Or farming; SO
that, while our strength lasts, 10000
blockheads, taking ofense at some article
they do not understand could not drive
lis into the poor-house.