The Washington times., 1902-07-13
OUR LET ERS

/ Recently issued and having bearing upon the
| immediate market movement Of the market
leaders are still sustaining their reputation not
only for remarkable accuracy in selecting the
| right stocks for immediate purchase hut in their
! proper order as taken up by the powers OF wall
Street, as well as correctly gauging the approx
| innate amount Of ddvance-f1cts plainly put forth
bclow-speak louder than anything else. We
quote a few Of our recent letters, word for
word. giving dates Of issuance and prices OF
| the stocks enumerated at the tnp. They will
prove the correctness Of the market views OF
this house relative to
Pennsylvania. \. Y. Central
| On June . our letter stated: THERE WAS
\ GOOD DEMAND ALL DAY. FOR ST. Pal
| AND PENNA. STOCKS WE BELIEVE THEY
WILL BE THE FIRST TO MOVE UPWARD.
| ST. PAUL Is MORE SCARCE IN BROKERS'
OFFICES THAN FOR S0ME TINE PAST WE
| WILL STATE OUR REASONS IN ToMoR-
| Rows LETTER. This date was the Tnes-
nounced. and on which st. Paul opened at
1721a, afforliug ample opportunity to purchase
all one desired below 173. Pennsylvania was
quoted freely between ljliR and 152. Neither
issue has sold below those prices since.
Our letter OF the 26th. pertinent to s! Paul
and Penna.. read word for word, as follows:
I've call your attention to the probable mar
ket movement Of some issues. ENUMERATING
ST. PAUL AND PENNA. SHARES FOR M
MEDIATE PJ RCHASE. THEY ARE oN THE
EVE or RECORDING \ CONSIDERABLE AID
VANCE PROBABLY ST. PAUL WILL BE
THE FIRST To COMMENCE ITS MOVEMENT;
~ FACT. ITS ACCUMULATION HAS BEEN
UNDER WAY FOR SEVERAL DAYS PAST.
SOME ONE Is STEADILY AND PERSISTENT
LY ABSORBING TIE SHARES. WHEN POOR
NEWS CONES OFT 1T MAKES But COM
PARATIYELY SMALL RECESSIONS AND Is
GREEDILY PURCHASED WHENEVER OF
FERED LAST TUESDAY. AFTER OPENING
DOWN UPON THE NEWS OF POSTPONE
MENT OF THE ENGLISH CORONATION 1T
MADE GAIN OF NEARLY Two POINTS,
LOSING PART OF 1T LATER UPON DIS
OF THE ENGLISH MONARCH. 1t will very
shortly sell at fS3. and in few months time
should sell at 200 WE URGE NOJ TO Buy
SOME OF IT IMMEDIATELY AND HOLD IT
FOR GOOD RISE. PENNA. HAS BEEN
MORE OR LESS SLOW N MARKET MOVE
MENT; SIGNS ARE ABUNDANT, HOWEVER,
THAT IT HAS BEEN PICKED Up ENTES-
SIYEI.T SINCE 1T LAST SOLD EN-DiNlDEND.
Whenever outside attention has been attracted
to the shares by their strength the buying
temporarily stopped and they have been al
lowed to recede, apparently 20 discourage out
side purchasers once accomplished, the de-
mand from the same sources is lnlnlealateiy
renewed. TIE STOCK SHOULD SHORTLY |
SELL At leo. Buy IT lNytEDIATFLf-'
On June 20 Mop was quoted at HOS. diyi-
deud on" while H. Cen. was quoted Mt 1j9A-
Our letter Of that date read as follows:
I've have persistently bulled III. Cen. in !
these letters. fairly urging purchasers OF the |
stock ever since il was $50 WE NOW URGE /
ITS PTr rRCHASE At CURRENT QUOTATIONS. !
Il is at present carrying most valuable |
rights When it sells ex"rights'' it will |
look astoundingly cheap. and it will he, in |
lsmuch as 1t is earning at present fully y 1
per cent upon It's capitalization. III. Cen. |
should sell at llO ev-riglits. While on the /
subject Of standard securities don't overlook |
St Paul. Mop and Union Pacific. ALL THESE /
ISSUE Is WILL SELL IMMEDIATELY HIGHER. |
TO THOSE WHO FOLLOWED OUR ADVICE |
BY PURCHASING THESE SHARES At MUCH |
LOWER PRICES We SAY NOT ONLY TO |
HOLD THEM. BIT TO TAKE on MORE AT /
pRESEN;T RANGE OF PRICES If they will |
We are confident they will have no canse to
regret it
On July our letter urged immediate pur-
chase OF y Y. Cen, calling attention to the
TACT that an upward movement had commenced
that DAY below l55. 1t opened about that price
On july ;. and our letter of that date. in com
luenting upon y. Y. Cen. said as follows:
I'VE cali your attention TO Y. y. G. 1T Is
BOUND To SELL biMEDINrELI HIGHER
FOR THE FOLLOWING REASONS. AND THE
MOVEMENT HAS STARTED 1t was higher
in price when l.. K Y was below l0j and H.
en-. was about 40. Its equities in other VAN
lerbilt lines are sufficient to pay lis present
leaving lis own earnings Tor iti
surplus account ITS HOLDINGS OF SUCH
WILL ULTIMATELY CAREY THE PRICE or
\. Y G.. To 30. TRADERS Or INVESTORS
WILL MAKE No MISTAKE N Pl RELEASING
Y. y. c. Buy SOME OF IT TO-DAY
Careful. Logical advice by students Of the
market is Of value 10 traders. We honestly
and couscientously endpavor to- prove it, send
ing IT out daily each afternoon to present or