Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1908-06-26

Fine, chortled the osher ten mem
bcrs of the clearing house; lets unloat
some bonds"
Tie entrance of anos!Ier messenger
boy bearing II wire interrupted Chair
man Sickem Us he was about TO call the
Clearing House association to order.
HARTMAN BEGINS TIC UNLOAD
Don't lose any time" read the mes
sage, which came from the lobby agent
of the association. Hartman is ont
after the dough. He has just unloaded
800. 900. 900 Union Pacific bonds on the
government nj seventy-tive per cen and
got away with the cash. He washed
them up from forty Ia par in.two hours
today and has started his printing
presses full time grinding ~ some
more. Act quick before the treasury
surplus is exhausted. Morgan and Per
kins are getting busy"
Gentlemen" said Chairman Sickem,
rs lie read the telegram, this is indeed
serious. We must get into action with.
out delay if the business interests are
to be protected. While we appreciate
the high and lofty purposes of our
friends in Washington. Wall Street. Pat
Shcedy and the other confrrces Of Mr..
MOrgan's art gallery who saved the
country last autumn land incidentally
reaped n snug little rake-offl. there is Il
possibility that the man who moves
slowly will get lost in the shuttle.
The demand for currency will Ike
great. Let us I've among the first to- aid
the government by exchanging for tTca-
sury gold notes, which may be worth a
premium in II few months, II collection
of our gilt-edged securities AT seventy
five per cent of their market price. Is
the subcommittee on securities ready to
report 49,"
1T is" replied Chairman Skincm. of
the securities committee. "Anticipat-
ing the passage of the great measure
fathercd by our beloved philanthropist.
Senator AldriCh, your committee has
passed upon the securities offered TO it
by corporations with which the MEM
bcrs Of this association are connected,
naturally giving them the preference.
and
The advent of 4 messenger boy who
had covered three blocks in t~wcnty-four
minutes and read Il dime novel through
mt the same time, caused Mr.. Skinem
To pause. 1t read:
Hartman has Just dumped in S36.-
O10. 900 Hot Air preferred bonds on the
market, having sent them up fifteen
points i'll two hours without letting go Il
single share. Baker. Of the First
National. is. unloading two drays of
Scrap Copper bonds worth eighty cents
yesterday, hut quoted ut 500 Il share
tolay, Hustle"
WHAT THEY HAVE TO DEFER
Get down to the factS.' frantically
demanded the members of the associa.
ton rs Mr.. Skinem resumed his report
We'll" rcplicdthe latter. your com
mittee sent orders into the market and
raised prices on its securities all along
the line. One set of our brokers bid
everything up at two points "A jump.
though. of course. there were no actual
sales
What can we offer the government
III exchange for currency on the basis OF
seventy-five per cent of the marke,
quotations?" asked Chairman Sickcm.
Mr.. Skinem read:
Five thousand Fenian bonds at -;
per share.
"Forty.two thousand Black HanC
bonds, guaranteed by the fruits o
future assassinations, at So per share.
Three thousand Bottle Redemption
Limited bonds. guaranteed by our col
lection of empty beer bottles. at Si7 pei
share.
Three thousand Bay State Gas
bonds. guaranteed by r. Lawson's
Sucker Holding company. ut sos per
share.
Ten thousand I~ntcrboTuugh Air ShiJ
Line bonds, guaranteed by r. Fortune
Ryan and Auggic Bclmonty. ut 800 pei
share.
six thousand $50 per cent Mile
bonds, guaranteed by the Captain Kit
Exploration company, at 800 per share
Two thousand Confederate bonds
guaranteed by the Arkansas revolution
against the Criminal Rich association
at so per share.
One thousand pool room bonds
guaranteed by the Bookmarkcrs' associ
alton, at 81 per SHARE
As Mr.. Skincin concluded his reading
OF this allnring list of gilt-cdge SCcur,
tiles. all Of which We're held 10y mem
hers of the Clearing House Association
of the Chop Suey Keepers. there wcr,
mods of approval from the other
members.
"a most conservative and highl,
secured list Of credit investments" VIZ
the comment Of Chairman Sickem
Now
The messenger who dashed madlv i,
to the hoard room collapsed from Shce
exhaustion, Int held on tcnaciously (,
his beloved cigarette. as docs Distric
Attorney Jerome in minutes of excite