Evening star. [volume] (Washington, D.C.) 1854-1972, 1883-02-26

For the benefit and guidance of those who are unac
quainted with the methods Of speculation, and who
may desire to invest in small way offer the follow
ing suggestions observance Of which will enable any
one to operate intelhgenty.
Select from the list of active stocks one or more in
which you wish to DEAL and send the order to
buy or sell for account at the best price, which
order Will be executed Immediately receipt of at
the best price at which the stock sold on the New
York Stock Exchange.
Our commissions n of one per cent of par value
which added to the price of the stock For example,
If You send order to buy Is shares of Erie and
last price 4Ok we add the commission and fill the
order at 4O net that all that figure is profit to
YOU We charge interest for carrying stocks, nor
IS there any liability to the dealer beyond his deposit
For margins we accept as low one per cent. Ten
dollars buys 10 shares $25 Is shares $780, 100 shares
we deal In lots OF from 10 shares upwards While we
take 80 small margin dollar per share 1t Is not
advisable to trust to 80 close limit and recon-
mend that at least 81 share accompany the order
although we do not close out any until the
tire deposit exhausted unless ordered to do so by the
dealer.
An original margin of S. per share usual with those
who desire to keep their accounts good under ordinary
huctuaons $500 lou shares or the same in propor-
ton on smaller lots.
10 make the conditions perfectly plain let us suppose
that you send $26 25 shares of Union
Telegraph Stock after the receipt Of your order we
await the next price quoted from the New York Stock
Exchange which comes-for example-slk; we then
buy Tor account Is at those figures adding
q Tor commissions, making the stock to you slx all
ABOVE which is net profit If the stock goes to s2k you
nave made s25; If s3h. $780, and 90 on without limit
until you order the account closed and settled when
omit Tho
stock should not sell up. but dor at sOh your s25 is
lost unless in the meantime you had sent more money
or notified us that would do In any case where
the dealer has money deposited with us, we will keep
his account good to the full amount if so instructed
If buy Is shares stock at SlH SIS carries good
down to sOh, $50 to 1919. and on, as far as you
please
Yon may notify at the time of sending order to
close the account when any limit of profit or loss has
been made that you may DESIRE
Accounts may be closed at any time by wire
AS already explained it is better to start off with de-
post OF at least two three dollars per share because
the stock bought at ~ might down to 80 H. just low
enough to exhaust margin of dollar per share and
hen go up afterwards. S0H being the lowest IT, how
ever goes your way from the start per cent is as
good as fifty The general complaint from persons seek
Ing about how to speculate i'll is that
all the circulars sent them explain too much have too
many Wall street phrases about Bulls" and
- Bears" Longs and ''Shorts" etc.: there
fore we have tried to make this very plain Those who
are already familiar with stock speculation of course
know Just what to do: to such only to say that
we accept orders to buy sell any active stock large
or small lots on margin of one per cent at
dealers option that execute the orders at last quo
tat1on from the New York Stock Exchange charge no
interest," and wait until total margin exhausted before
selling you OUT that telegraph the prices at
which every order has been filed and that deals may
be made or closed by telegraph or mail.
We will accept amounts of S25 upwards to invest
IN these stocks at discretion for customers benet
experience, however. has not made over sansuine
and Wa prefer to fill definite orders only. Yet to such
as may prefer that our Judgment entirely wa
promise to do for them ourselves under the same
circumstances.
We guarantee to do for each and every customer AZ
well as is possible under the circumstances We have
the largest and best appointed in the CITY, with
every facility for promptly executing and reporting
every transaction
Respectfully,
S. H. SPRAGU: l. co.
Commission Stock Brokers and Bankers
40 Broadway and 81 New street.
New York.