Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-01-22
MEM ASINVESTORS
80, and Mortgages, Sale and U0sai'
w. ,...ns Be Securely Itcreasedl
|.,,vs,. 1898, by George llis)
FIRST PAPER

might. 1898 BY 1eorse ms
FIRST PAPER.
.so. in a city not far from
81 year srm which may he called
ohbi, decided TO make y
their business. lleg Io,
a,Ltn.do IN manufacturing, ny
we sl,,sn,ture. They announced
y, IT. The advancing years 81
lOiis ~ oartner The was ~ ana
.hioI ~ pge). and to the de-
10y ~. fr;ends To acquire IN IN.
lilo ,t5r long.estpblished and
ID s they had concluded
,,o Il into a joint stock com. com.
Va. lever, as long as heaven
hh ,,nne him in health ana
'Vnu.orId retain his post at the
2, pnlf aiding him, as always,
4 n, NJ his ability. Disclosing
pcs 10 mast. they went ON to
s. w handsome the profits We're
nov for the future. They
Scw many shares had been Mp
Y. w" and added that this golden
IA, fm Investors was TO De
'n bv those who summed ne
vu'' ,,c,mmonly winning pros
~ w. Widsly circulated among
va rodernte and small means,
" course. a good many won.
VI bait took. In IA few days an
s,es which Messrs. Lever " b9ll
w.ere subscribed for anu the
.',snv was launched. Its busi-
,,rr,sbed or seemed To flourish,
w. Grst wear that a dividend OF
", was paid; the next year, with
favorable balance sheet, 1t
i ,he third wear IL dwindlcd to
sfler that no dividend was ever
Istsd Last spring bankruptcy
snni. aud it came out tliat
Holt had scarcely any of the
seniur ont TO the company
"A accepted q good MANY shares,
raiaih them they had not
Confidently recommending
n. their friends IN the dividend
tbey had quietly disposed oil All
. ldiiipg amount The buyers m
tep widows ~ narrow means,
noor old spinner whose loss
ber Ia penury. ON cNaminu-
bteane az plain rs day .that the
N their busincs. tu the company
IN highly advantageous 10 Lever
II had taken place when their
ient Of antiquatcd machinery
bcanning to tell against them m
Irn wlih competitors. They had
"A M cream "a their opportunity
hnfacturers. aud delivered TO
arcssors only the skim milk.
4 SAFETY IN CARDINAL.
ease Of the Lever & Bolt COM
/, vhcal Of hundreds of joint
enterprise which year by year
10 women with little capital.
M them most insiduously 20
lrs the first aud cardinal rule
p,Ans that of safety. 1t may be
woman has, shy, $4,000 invested
10 ned $500 or $500 year. How
nt d would be- to get half as
mOFe. and what might not be
with twice ~ much. Then indeed
= sklmling be- exchanged for com
ileh could there be u summer trip
uashore. or IN the winter an
escape To the sunshine of Florida
liofnia. Or the thought might
4 itself how a son or nephew
he sent 10 college out of the aug
n income, lifting and broadening
hole life career. Yet. however
lg the wiles Of the professional
ter they must, by women at
he nledbly resisted Men in
|ciiye pursuit of affairs may re-
loss OF capital. but in the cnse
woman such loss is usually irrcp-
and may entail absolute priya-
DlNl STOCK ENTERPRISES.
eithelesy, business Is more and
assuming the joint stock form,
Will not do 10 confuse the bub-
hoated by sWiudlcrs with the solid
prises managed 10y men Of high
4der and ability or these enter
4 by far the most important, of
N, are the railroads. OF railroad
ps of some other things. only
Pest are good About onc-third the
4 represented in the railroads OF
lhled States about $1,000. OOO.OA
NJ 70 ITS owners no return what
striking testimony this 90 tho
lhal many roads have been built
NJ response to a sound commercial
tad' but simply because money was
4 made out OF building them But
. railrond has paid dividends
ls9rly Tor years, and It's management
w cautious and largely interested
N sloek. the shares are among the
Investment TO be- had. Yet even
u is well 20 heed the old ndvlc,
= carry all ones eggs In one basket
aome reason, not To be fOreseen. O
wv Oh the best class may fail 20 pay
fNnend Tor q year or even Longer
foa plan, therefore. is 81 distribute
nehls among two or WmOre rail
4 anu Tor the same reason. 10 bus
lnah one kind Of security. choosinl
XIV Nonle shares in a wcll-managet
~, bank. The chance of som,
merely increased, but the chanc,
tg a loss Is In the same degree III
WV ullhcult matter Of selecting In
tih,s m stocks il Is as true ny eve
NV ~, interest Implies poor security
lue element of speculation is as
nhru competitions of the IN
public IN establishing difference
llsee distinctly point to difference
NJ. Two stocks may each be pay
In ~ ONT year, aud while one I
4, y ~ the other brings 1903. IN
I'm FnI extra Is paid for highe
IH,s "a management. or grente
Hng9 ~ the company's business on
EFis ior Prospects of additiona
IN The future.
ABOUT BONDS.
\, an Investment even safer thai
|.ma,,aue shares Of lending railond
bpHHaea, Il may be advisable 10 I'm
N '1 as ISSUED by the same concern,
IN "a Always, caution X necessnr,
IA slllroads whose bonds ara ~ i
" XIV should be Of The very frs
laying dividends regularly n
In 'inlh0n stock. Olher,yisa
Ioeb aoldlng railroad bonds mn,
|gsS,, w sleight-of-h hand known n
|eseb' sn,ogR' be- obliged 10 accept 81
! MI 49, ~ invested with the promis
a N ,t syn. interest ON the $50 h
500 'ue original 8 or 6 per cent o