New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-30
financial.
The Public Making Money in Wall Street,

large amount money been made recently by
the clients Of The Monetary Trust, more especially o' me
advance In Burlington. considerable Of when has peeh
held for the Of TINT corporation That money
lost In considerable degree by the professional op
OF the NewYork Stock Exchange. These men 90
admire The Monetary Trust, and DO not approve the
policy by which public been guided 20 their defeat
THE New-York World said edi,oriay on Sunday:
There profit TO the brokers In o' 81 sep
arated lambs each specializing in haphnHhrd way IMAM
their uniting in The Monetary Trust Besides the adj
OF the Trust Ind frankness OF expression
that must have been very disasteful 10 many brokers
Another Of hostility this corporation has been
remarkable growth OF It's business AS the financial
editor Of THE has attracted
considerable attention and much business The Ihia-
dcpha Stakeholder says: The Of the business
predictions in regard 10 the market have been
something wonderful and The NewYork World Gays
OF the corporation 1T seemed o be gathering up
lucrative trade those who preferred 20 DO trading IN
Wall Stree, upon logical reasons instead OF the usual
hints tips innuendoes end rumors But there are also
many who only because great
financial change Is impending which should be Investigated
before acceptance The Monetary Trust innovation.
a distinct new departure finance ard II Is meeting
and ought forcibe and critical examination N'
fact Is the It is studied into the more It's IN
nuence grows Now challenge all these critics. inter
dsn,cresed 10 point out anything IN the chaer
method. Of The Monetary Trust which does not merit
the confidence OF the investing public As far ms the
officer. concerned challenge all men TO show hiemsh
on their records unless hemsh that the President
q railroad. but has never yet appeared
that left his energies character and experience N
those mountains As far the methods of this INSTITUTION
are concerned let me be clearly understood The None
ary Trust legally restricted corporation ever was
before Our large companies buy. and do buy
securities their account Not 50 Tho Monetary
Trust They can md do. transact business for their own
account The Monetary Trust They can bring out
new securities. and influence the public 10 buy them
The Monetary cannot do Even as trustee.
must ~connne transactions established securities II
IL a vcriiable trust pure and simple and II would b"
nothing less than a It's officers involve In
any procedure syndicate pool joint account
market rranpuation any other OF the evil devices by
means ~ which imitation commission merchants deiraui
those who trust them with their money. man who
handles the money Of another in trust and performs
concealed reference thereto should he by
that ono fact dsgraced. This corporation has not and
cannot have Of income (uniess from possible
difference OF INTEREST," except In the direct compensation
from It's cIients Its officers in financial Affairs nre In
,oson exactly similar 10 that which nrfn 81 lawyers
or architects occupies its special department Of business
Their mission Is 10 aid those who undertake 10 make
more than simple interest.
They ,ay to such investors III you vii, avoid buckle,
shops and bogus all those methods Of sp"cu-
lation based superficial market nuc'ua-
tons relying upon natural end logical Developments We
will aid you acquiring those securities which IN our
op,n,on most nearly combine rafey with promise Of i'm
movement end will such purchases when We Do
i,ev. the market movement and intrinsic merits are work
ing in the direction There no other way 70 make
money in speculation II daily said and generally be
lev.d that tho experts NJ Wall Street will always make
,bs money and the public will always lose This ns'itu
tim has established TO create revolution IN THIS re-
yard in the belief that those who are interested In 1t
,vi realize benent the Of their clients md
TIM, the time In the history ~ wall street
when the prosperity Of the investing public should be tho
I'm ali. ~ business II down TO this The Monetary
Trus, in is conception and in s methods above on
cs II only remains for ~ on,csrs TO prove that they
have the capacity and moral stamina necessary Tor Inc
h,yh n,esion which they conceived and Undertaken
On IN. morning Of the ~ day ~ July. hny thousand
forecasts were issued by this corporation signed by tho
President thereof containing the following prediction
y, hss mn, been che purpose Of these TO indicate
the immediate movements Of the market but am con
WINGED that commencing on the DAY ms lever " n'N'
We will have slow nrm and decided upward tendency
IN the rensrni stock market which will move the prices
10 n much higher Lowell. and that this movement VIII
be remarkable from the fact sh"s '"~r~ WI"
he n Imost NO reaction. Tho reasons Tor predicting
such unique advance were therein given large pt9ns
can never separated from Increased fst bu' we vo
that our experience investigation Judgment nnn ior
sight combined your capital placed Al fhk WIZ prove
sufcienf 10 keep balance largely IN your ihVor