The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1890-12-20
Business Locals.
THE FINANCIAL TRoUBLEs-THE BEST or IN
VESTMENTS.

THE FINANCIAL TR0UBLES-THE BEST or IN
vESTMENTs.
The present financial troubles have been
attributed to many causes. 1t is probable
that all of them played a more or less import
ant part. At all events many heretofore
supposed to be financially strong have gone
to the wall, and many more were driven 10 the
verge of financial ruin. The climax of the
storm has been reached, and confidence has
been partly restored, but unless the spirit of
speculation grows less, or ceases, another
storm may be expected. But for the strong
going to the aid of the weak, and the assist
ance, of doubtful legality, too, lent by the
government, there would have been financial
crash such as had never been known before
in the history of the country. The disasters
of 1887 and 1857 would have been mere
summer breezes in comparison. As it was,
in few short weeks many fortunes were
swept away, many happy homes cast into
sorrow and gloom. The prices of stocks
went down and down, until the bottom fairly
fell out, and with the decline declined the
fortunes of thousands.
Stocks are always luctuating in the best of
times. They are sensitive, and there are n
variety of causes that drive them mp or down
Men whose means are invested in them never
know their worth, for they are always varying
in value, and they are in continuous nervous
state. W 0Gn lueN dTlSC III lllC lhOIHiIlS StbCh
quotations are their first thought, at noon it
is the same, and ditto at night. Stock dealing
is tempting, for the rapidity with which money
can be turned over. If the first venture is a
success, the fascination is begun. If several
succeeding ones are successful the fascination
is complete, and ventures are likely to con-
tinue until ruin follows. 1t is the fascination
that seizes the card gambler.
Real estate investments, while not always
absolutely safe, are the safest known. Land
and houses can't disappear, and always have
some value. Their rise is often swift; their
decline always slow. Their rise Injuries none;
their decline can harm but little. Fortunes
are both made and lost on either the rise or
decline of stocks.
The finest field for land investment now is
in Virginia. At Norfolk, Suffolk, Lynchburg,
Roanoke, Salem, Radford, Buena Vista.
Glasgow, Basic City and other points fine
opportunities are offered for legitimate spec
ulation. These are growing towns, and real
estate is always approaching in value. In
vestors can scarcely so amiss in buying in
any of these places, but the safest of all in
vestments is in the stock of the Virginia Real
| Estate Investment Company. Aggregated
capital has many advantages individuals have
not, and the managers of the Company,
Messrs. Arthur c. Denniston, Clarence NJ.
OldTh anu JOSepH .. NldTh, nave Il DtlleE
knowledge of the industrial situation than any
real estate operators in Virginia They man
aged the Southwest Virginia Real Estate
Investment Company, and upon capital of
100000 realized in one year $50, 900, and had
on hand unsold property worth 100000 upon
a conservative estimate. This is the result of
their operations, though the whole Of the
capital was not called in. On account of its
success the Virginia Real Estate Investment
Association was organized, with a larger capt.
tai, and placed under the same management.
1t has been IN operation about six months,
and has invested about 100000. Upon this
the holdings of the Company show profit of
1 about $3.50, 900. The Company invests wher-
ever the best opportunities present, and the
managers being on the INSIDE in all the
growing towns, know exactly where to invest.
Having large capital, they can buy blocks
where individuals could only purchase lots.
| Nearly all the stock is taken, but through the
influence of Mr.. James s. Simmons, through
whom so many persons Of Carroll have in
vested at Roanoke, limited number of shares
ofthe stock ofthe Association has been secured
for his business friends in Carroll. These
shares may be secured from Mr.. NJ. C. Nc
Kinstry, of Union Bridge. The par value is
500 per share, and against every 500 sub
scribed and paid ii there will be issued a
| plelSIiCu SLdiS Vi lut par NdiuC vi pluo
two common shares of the par value of 500
each, all being full paid and not liable to fur
Their calls or assessments. The preferred
shares will be entitled to six per cent cumu-
lative dividends before the common shares
are entitled to any dividends, and after the
payment ofsuch dividends the common shares
alone will be entitled to such dividends as
may be declared by the Board of Directors.
The stock of this Association promises large
dividends, and those with money to invest
would do well to make inquiry into its plans.
Mr.. Jno. F. Kurtz, the popular merchant
tailor, formerly with Sharrer Bros, is now
with Fred. d. Miller & Bro, where he wishes
to see his old friends and customers.
Desiring to decrease my stock $4,000 by
April LIST, [ will offer 10 per cent. off on Dry
Goods, Notions, Boots and Shoes from Jan
uary LIST, 1891. Frank j. Devilbiss, New
| Windsor, Md. 3m
Fred D. Miller & Bro. have just added a
new department to their business: that OF
merchant tailoring.
Save your babes from Cholera Infant m-
use DR.. Fahrney's Teething Syrup. Drug
gists sell it, 25 cents.