Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1895-10-24

stock, In a confidential and affection
oto way The information has been
passed around that this stock which
has been selling from $40 to s2l on the
hundred, is dead sure thing for $50 in
tho next few months To know for Il Ger
tainty that a particular stock will in the
near future advance eight or ten dollars
in the market, is valuable information.
Those who are sufficiently sophisticated
to understand the process of buying on
margin, can with such reliable infor-
nation put up five hundred or thous.
and dollars aud after the advance take
down three or four thousand dollars.
1t is also an open secret that Mr.
Addicks' pointer has been taken by
what stock broker would call "the
local talent" Not only in this city
but also in the rural districts, those
who think the pointer valuable have
brought Bay State Gas stock and are
in imagination already planning what
will be the best thing to do with their
winnings. Others are getting ready to
take fly of the same sort. Those who
think that Mr.. Addicks is on the in
side and that he is giving a straight
tip are buying the stock on margin.
As the daily report OF the stock market
would say, Delaware spectators are
fast accommodating long interest in
Bay State Gas. Gambling on the horse
races at Elkton is child's play in com
parison.
We take it for granted that MIR. Adj
dicks knows what he is doing in giving
out his pointer, and that he had pretty
well calculated its effect before it passed
his smiling lips Like other men he
has his virtues and his faults, but no.
body who studies his career can ever
believe that he is soft. Those who
have felt his thumb and fingers come
together, whether in business or poll
tics, can testify that he has pretty
tight and knowing grip. Some of the
standard oil magnates can tell how he
pinches in business, and Mr.. Higgins
might give an idea of how he pinches
in politics We take it, therefore. that
Spectators who fancy that this pointer
has dropped from Mr.. Addicks in soft
and purposeless way, are mistaken. II
does not represent his love for the
human species in general and Delaware
stock spectators in particular. He has
a purpose of his own.
The interesting and critical question
is whether Mr.. Addicks gave out his
pointer as business or as political
move. If the pointer is business, one
thing is likely TO happen; if it is
politics, just the other thing may hap
pen. The spectators are fondiy be.
lieving that it is politics for Mr.. Adj
dicks and business for them. They
argue that Mr.. AdtliCks has built IN
his political following by making it
worth money to tho fellows who follow
him, and they think he is trying by
means Of this pointer to nut lot Of
money in the pockets OF those who
act on his suggestion and thereby TO
harvest another crop of political fol.
lowers. They say that il will ruin him
politically If the pointer prove false,
for that will cause scores of men to
attribute their losses IN Mr. Addicke,
deception; and they think he has spent
TOO much money 10 create bis nnI;tio.I
interest for him to be willing 10 knock
itall into cooked hat in such fashion.
This is the political yicw If tho nnir,.a.
and il il ASTONISHING how n,.nv 40 M
mon who a little whilc 400 wanted NJ.
Addicks read out az Ia Ronnh,ina'.
party-eycn those who sioncd H. ,oti
ton 10 that effect hayc honaht pa,.
State Gas stock
But il is obvioua 49, +bo ro;....
NAV be a business move cnld hIond asi
and caleulatinp without ~ NJ.
iii of notifies In h II may 10 NJ ~
Addieks' ouiet way of oott;na haai.
/ from Delawaro sparulat,,ra Ill - -
money he has snent in boian.a.a It'll
together with n comfortnblo nra1t ~, 40
tbo investment Mr. Add;o,,n h u,.' ~, va
body knows how p,,ch RAJ. c.,,ta f'a.
stock. He and bis p.,+v ha,,a 49,. ~
creased tbe stocl, Inv tbe n,., ,u u.s. 'n-
c,ss fro,, flo. ~ sttoa,, 'ns p'o'
~ tne ''lor .', can DO induced to absorb
lnH ,'n million dollars OF new stock at
- 70 F.o on me hundred there is a
Prol'l o. e-'2oU' W. TO t3'ooo,ooo for the
li'aii on ne inside IL the pointer makes
lhe pupllc OF thl5 state eager tn buy
haE 9'alo rs s'oek' mr.. Addicks can
rert"ih'y alord 70 Aell IT, lie has a
/ blg spoon with which to feed the babcs