Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1916-07-13
He Got Hold
Of the Wrong
Stenographer
By EDWARD T. STEWART


The president of the II. J, ana w
railroad was sitting in Lis office ut his
rose wood desk when all official entered
IN reDlv 70 n tam ou his silver he'll.
tro,,,t,.o, 4r, a,,,,,r,tt,o.o Iot,,r lao
aota.
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,Ia ,a, I,,,!,,,. b.. .,,,,,,,,.,,,,,,
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49, I,,',,',',,',.,.. ,r,t,... ,,,, 49,, I,
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$500. ,.,''7,x ,,a,.,.,e .,..,i..,+ .r,n ,,,
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na t. ~, ,,.,,,,.d ;,,,..,.,,i,,. b,g ~
.,
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80 t,,., ,,t,,.. ofyo. tho ,rox;,l.,t .ant for
49,. r,r[,,.i,r,,,.,,. .,,,,, sail ,r
">rr po-,,r h,y,. roti,,r ., worry
,.,.>, t,r ,,,,,,+f, r,st ,,f ,l,n. sh,rns
re- o,,,. rood run,v or ruth 10, tn ,1t
sop,o fol,i,m off IN fine earnings. and
fhoro 10 Soma du,r,t 0IoIt o,Ir maIn
tafuinr tnn rcyu,ar f2ivil,nI can YOU
axr,,,fu tho rise In view .f fine fnstsr'
Mr. Rnrker couh net rvp,ain the
rise He thn,uht that Sol,,r trrSnn Was
rnoninulotiu,, fine stock ruttil.y IL NJ
for tho p,,rprac of making money On II
whom II went down again
"ple,se soil - thousn,l shares for
INV arcourt" cnptiurad the r,rrSi. ,rut.
"npl e,erv noiut tb,. n.irc of the stock
rises sell another Thousand shares"
The result of this order wijh.I Il cuu
pla Of weeks was that the stock went
M five points. and the Ire itlrnt wa
short" of II 5000 shares. / hat nr-ln~
that he had sold shares viii II hr did
not own mt less than the market price.
When fine stock dp,,liuc,l t. n ti.snrc h..
low what h. had paid for it L., ,yu.l4
buy n and make the difference. A.
IFS president he knew that the Ntorh
was not worth what he sold ii for und
did not doubt that ne wo,id make II
rood thing of the transaction
put rho stock din mot 90, down H.
st.od II continual r., ris, Tnr nrnsi
liant vh, h,d ,,n,a ror,e Lrnt -,
I.II,n,, .t,,., th,t ho AN mot ,v.n ,nI
,,n, I,,. h,vir,. eol,,d ,,,,,, h;., Ir,,
,., .,..,.l,F1.,, l,t.,.,.,,,,,. ,..,
i.,f.a,,l,,, 49,, 49, ,,.',.. .,..',.,,., .I,,..
1,, n,,,, ,.,...,
1885,, .',I,,.,,,, >,,,,'.,.,
,,' ~ ,,.,,, ..,',
70 49,, ,,.,...,,,,
w.,
n,' ~ '>'' 'e',,' ~ ''", Wv '''''
y, "'',' N'ta,,'' "''" i"' -" va
- f"'"''' ih' t'''''''''' '''"'" '''''''
"e i'"" WAS " S"'"' "'''' anu IT'S '"'
>'dh'''hS St''N was h"' ""'' '"''
'o'''"' shafes. MOST "' II III names i"
"'u heHi II LOT years II '"' 9'''''
'ou'd NOT nhy the STOCK h' la" sol"
'"r oeilNery he would lose fortune
lie put on taking amy action H.! th'
| next day. when there WAS furry IL
tile stock on the market, ans the
shares jumped twenty points,
Ihru "a!ur Il report that I'll, %tu> x Oi
thr c., \, and ". ENiHuId r"l.I';u}
| was "rorner"d. That InrHnt lANt solHr
person "r persons had h,t.~At NJ til.
stock and there WAS none Iur sale
One. three, four, six huu'.rl Ter cen
was offered for it. hut to >tn i w.
brought out. Few persons had Ice.
selling the stock EXCEPT the president
but he was ruiued. In eases TArre :.
stock is "rornered'' II Is customary for
| ihr seller aud the layer t. -,rt tn~cthcr
! Hsd settle. agreeing on u ,tTtuNf fixed
| price. The president s"usht las VII
known enemy foF this purpose. IL,
| found him to Ire an enormously rivh
| OPERATOR The president went t. Ai>
office In fear and trembling and asked
to what figure he WAS to he l,lrd.
First let us settle little account