The Dawson news. (Dawson, Ga.) 1889-current, 1919-10-14
FNETS ANTICS
PUZZLE INVESTORS
r,,rRs AT SEA. GREEN
lo,u ATORS MAKE STAG
| cERING PROFITS.

h YORK, N. T.-opecuia'ol0
g,,.s+ors of the old school are
f..Ir at sea stock marketWlse.
k1e those in this class merely
|pnastions and shook their heads
y the newcomers in the stock
made money hand over fist.
1, on earth would anybody
I, sense buy a stock like Cru
! tbe old-timers asked. For an
. +ba newcomers jingled their
1 and smiled.
Eo14, the year the war began,
II was selling as low as $11.5O
/ Early this year the price was
'Eprv small fraction above $52
4 On Saturday of last week
/ high record was made at
rhis Monday, with call money
L., cent. Crucible jumped to
bader who bought Crucible
his year, putting up a margin
s+wenty points, or $4,000, and
/ saw a profit at the very be-
i Of this week of $4,000, or
kOO per cent. on his original
Il which he still had. In other
i this trader saw his $4,000
ktbjn seven months from ST.
i $4,000.
/ now Crucible happens to be
Rer of the whole stock market.
lat has happened in Crucible
Il the past seven months has
h more or less in a number
d shares.
Il the upward price movement
h the stock market last Feb
Mall street as a whole, in
a .bo old timers as well as the
skers, bought enthusiastically,
higher values were ahead.
number of stocks now act
CrucibIe the old-timers have
II frightened. This is the time
after crop moving, the
led ones admit, when the
karket. under favorable con-
is entitled to a rise. 1t IS
Knitted that a turn for the bet
been reached in the labor sit
But we know from past ex-
it is added, "what happens
prolonged rise when the stock
is dominated by such leaders
ble."
nly cautious investors and
OrS can point to the records
time again to justify their
But where they are wrong IS
fealizing that in the existing
there are a number of new
result of the money that was
81 CrucibIe and many other in
companies during the war,
be country is full of people
B bot care what they pay for a
an automobile or a servant
II of clothes or a stock such
6ble that goes up and makes
bney for them. Knowing this,
market leaders have formed
after another in shares
ave behind them very large
earnings and undivided war
A little manipulation on the
the pool managers will quick
a following, and once this
begins to make money the
what is being and has been
in Crucible, General Mo
Edwin, Chandler, United Gil
fes, Kelly-Springfeld Tire,
Petroleum.
Prly, having made enormous
uch as those piled up during
seven months, the everyday
kes profits. But today, know
muSt divide his profits with
rnment, the trader naturally
ant to sell. That hesitation
easy for the pool managers
at IS now being done in Cru
d other stocks. Outside of
d bear there is no one to
ks and thus check the ad-
be, Of course, what has hap
Ffore in a market greatly in
oyer-speculation, especially
tnal shares, is going to hap
n. But the war tax with it's
naIty Of profits and the great
new rich now specializing
ong side of the market will
I present movement further
ever before experienced.
very member of this army of
CerS IN the stock market is
that he is much stronger
money market, the stock
Inc law of supply and de-
na for a time, the length of
Hnnot be foretold, he will
case.