Evening journal., 1903-08-10
lNvesTINe YouR SAVINGS.

INVESTING YOUR SAVINGS.
In these days when over-speculatior
is reaplng its natural harvest, there is
some curiosity to read OF the fortunes
that have been lost and Of the plungers
who have gone to the wall. Many per-
sons have an idea that the dealers In
stocks and bonds are the wealthy men
whose names we read almost every day
IN the papers and who have been given
the somewhat euphonious title Of Cap
tains OF Industry" We hear much of
buying wheat or pork. and even the
uns, lhisticated have come to UNDER
stanu that this is In reality only fig
ure OF speech. since the term applies
really when bets are placed ON the fu-
ture state of the market, and the article
bought" ordinarily does not change
hands
But many persons do not know the
extent of this gambling, and TO imagine
that It is confined to the magnates and
large dealers is a great mistake. The
tendency to coin our brains into money
and to back our judgment in, even the
most intricate and obscure matters is
very great. and there are thousands Of
men who are investing their small saw
ings only TO find them wiped out, or
returned greatly reduced If they make
lucky strike and win a few dollars a
craze is created that is hard TO satisfy;
II they lose am effort is made TO recoup,
and so It goes. There are farmers who
are willing to back their Judgment on
-the future price OF wheat, and when you
hear one remark that he has bought
that article. he may mean that he has
taken a flyer" buying on margins and
backing his judgment against the ex-
perts, sharpers and manipulators OF
Minneapolis New York and Chicago.
The millions that are invested annu-
ally in wildcat" stocks. "salted" gold
mines and similar ventures. come
chiefly from the comparatively poor.
and these millions represent I'm large
measure what the people who toll have
saved BY thrift. How are the vast for
tunes Of the stock maniDulators made
They do not create wealth; they do not
establish industries even, or furnish
the capital to keep them going. They
live because there is always flock of
lambs eager to be heeccd. and these
lambs never seem to get tired of the
operation.
For the average man who wishes IA
invest IN stocks there is one rule TO fol-
low. investigate It as thoroughly as
possible; be certain that It is standard
and then buy it outright. It may e
down, but It win not prove total loss
and by holding It q sufficient time II
may appreciate. But the man OF linn
tied means is apt to have but sligh
knowledge of great financial transac.
tions involving the market. his hold.
ings are so small that he can be II,
factor in the control of that market
ind if he buys on Notwithstanding
pure and simple-he is almost certain
10 reap the gamblers fate. Hundredi
Of comparatively poor men in Della
ware have bought copper stocks, ga
stocks, and many others. with the re
suit that they are poorer, and presum
ably wiser.
There are always good investment
for small capitalists. In most commu
mites real estate is safe investmen
And nobody has bought property judi
ciously in Delaware and lost none.
There are building and loan associa
tions. Nearly all of them are soun
and for investors, pay good per cent
while they induce people to save I
build their homes. Then there are n
savings banks. sound and well conduct
ed. One may deposit in small amount
avoid the care Of investments. and dra
as much as four per cent. interest. Al
other excellent form of investment
life insurance. for under modern pol
cies it is not alone protection. but
investment that the premium hold
may realize on.
So to those who would invest tn,
small savings securely and prontab
to recaDitulate. we recommend RI
Estate. Building and Loans. Savin
Banks and Life Insurance.