The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1891-05-28

curing some little risk. Now suppose
he doubles his money again in the next
three, or, say six months, he will have
four thousand; q sum which it would
take us twenty years to lay by"
"Slow and sure is good rule, Al
bert"
Il really believe, Alice, you would
prefer snail to horse. If were go
ing to live as long as Methusaleh, /
might be satisfied with my slow gains.
AS don't expect that, mean to take
a shorter end to fortune"
Il am afraid. Albert, that it will
prove short cut to poverty"
Don't croak, Alice. Trust to me,
and you will ride in your carriage yet"
Albert Grafton began at once to look
out for some profitable mode of invest
ment for the little sum which had been
accommodating ut the savings bank for
five years. 1t amounted now, with in
terest, to about eleven hundred and
fifty dollars; sum which he had re-
garded with satisfaction until he had
been dazzled by the lucky speculation
of his fellow clerk. lie dropped hint
to Champion that If he should hear of
a good investment he might be disposed
to embark in it himself. lie withdrew
the money from the savings bank in
order to have it ready to use at short
notice.
The lucky chance was not long in ar
irving.
One day Albert came home in excel
lent spirits.
We'll, wife, he said, "what do you
think have done?''
Mrs. Grafton looked inquiringly.
II have invested the money."
"How?" she asked, not without con-
siderable anxiety.
I'm the Winneba2o Mining Company
IA capital thing"
What do You know about the COM
pany, Albert"
"Oh, it's first-rate company. The
mine produces tons upon tons Of cop
per every year"
How do you know?"
''The prospectus says So"
Are you sure the statements are to
be relied upon?"
''Of course. Don't be SO suspicious,
Alice. One would think the world was
made up of sharpcrs.
What did you pay for the shares?"
"Fifty-six dollars. l had money
enough to buy just twenty and have
thirty dollars over
Suppose we put that back into the
savings bank
What foro''
1--WE have had money in the bank SO
long. that | shall feel better if we have
even that little left to our name.''
Its a strange fancy" said the hus-
band, laughing, ''however, will hand
the money to you, and you may do as
you like with it."
lie passed over q roll of three ten dol
lar bills, which his wife put in her purse
and deposited in the savings bank the
next day.
Alice did not look with much favor
upon the Winnebago Mining Company,
even after seeing the circular which
demonstrated in the most convincing
manner that it could not fail to pay .
dividend of fifty per cent. the first year,
besides rising materially in market
value, thereby making it q most desira-
bic stock to invest in. Somehow Alice
was skeptical, and though she could
not detect the fallacy, felt that there
was something wrong. Her husband
became almost angry with her on &C.
count OF her persistent disbelief, de.
claring that she was hopelessly preju.
diced.
II hope / am wrong" she said smil-
ing family. II trust events will show
me to have feared groundlessly"
1t seemed, indeed, as if this would be
the case. The stock began to rise stead.
lily. From fifty-six it rose to sixty five
in fortnight.
Il have made one hundred and eighty
dollars SO far" said Albert exultingly.
What do you think of thato'
"You had better sell out, and secure
it," said his wife.
Not l. / will hold on, and make
more"
1t may go down again"
Il don't believe it,"
And it did not go down. The fact
was some strong parties controlled the
stock, who were adroitly manipulating
it for a rise. So, quite independently
of its actual value, it rose steadily until
it touched ninety.
At that point Albert was fortunate
enough to sell out, receiving for hi.
twenty shares eighteen hundred dol
lars.
He announced this to his wife will
| great satisfaction.
"A clear profit of six hundred an,
eighty dollars" he said. ''As much a
l could lay by in three years--and w
done it inside OF two months I'D bet
ter have kept it in the savings bank
hey?"
"Take my advice. and put it bacl
there. Albert. Be content with wha