The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-03-28
WALL STREET Wild.
Brokers Join in a Mad Rush for a
New Stock.

New York. March 2S.-Scenes almost
approaching riot were witnessed on the
Broad street curb market today. 1t
resulted from the offering for sale for
the first time of shares in a widely ad-
vertised mining property. Five min
utes after the usual opening hour over
500 brokers and messengers who had
gathered in the street made a wild
rush for the agents to whom the dis
tribution of the new shares had been
entrusted.
Ninety per cent of the brokers are
said to have had buying orders for this
stock and in their anxiety to execute
their commissions they fought wildly
to reach the men who had stock for
sale. Men and boys were knocked
down and trampled in the rush, the
street was blocked by the struggling
crowd traffic was suspended, and the
shouts and sounds of conflict brought
a throng of spectators to the scene. In
the meantime the general business of
the outdoor market was practically at
standstill. After about the noon
hour it quoted down.
The stock which created the SIAM
pede to buy is known as Yukon Gold"
and had been advertised by Thomas
w. Lawson over his own signature. In
his advertisement yesterday he said:
LAS soon as copy for today's adver-
tisement was filed with the cable and
press yesterday morning it necessarily
leaked to The Street that Yukon was
the stock and trading began today at
S1s to 10 r. This is all wrong-fool1sh.
/ would impress upon the public that
not a share of Yukon can be had by
any one until tomorrow, Saturday
morning, at 10 o'clock. Therefore, who
g. -, 4fr,on &c q L.
ing his chance of buying what he sells
"A canvass of the banking and brok-
erage houses and banks in the larger
cities, and my advice from London
show an enormous number of buying
orders already on hand.
1T is possible for me today to sell
more than the entire 700,0 900 shares for
at least 51h There are already
amongst the orders three at practically
the market. one from London OF 50,U0o
shares. another of $4,000 and one for
20 600.
Enthusiastically, if l would allow it,
the trading would begin Saturday at
s1O and above. If 1 permitted such a
course nv consent would give the lie
TO NV pledge that Saturday would in
augurate Fair Finance, square deal
financial methods
Everyone may rest assured of the
"The Sock will be put on sale Satur-
day at 5 u, So, 6, 6 4, 61s. 81. T.
N and II, and under no circum,
stances will be allowed to go beyond
until every share of the 100000 has
been disposed of-fairly ana openly
disposed of. ..,,
II pledge myself to this. and it Will vii
be possible for me to keep my pleogee'
for, until the last share has been solo'
the business is completely and abso-
IN
mo ia single share will be SOLO TO
IT give this warning that the public
everywhere may know that under no
Circumstances will there be runaway
market in this stock until after the
ZOO. 900 shares are in the hands of the
Dublic Then the public themselves,
through their brokers in the open
market, will make their own price
Bear in mind that ah4that Is neces-
sary for a would-be buyer is to give
his order to any stock exchange or
curb house or local banker, with IN
structoins to buy Yukon Gold at not
..THOMAS w. LAWSON"