The Oregon daily journal., March 26, 1908, Page 19, Image 19

.'THE OREGON DAILY JOURNAL, PORTLAND. THURSDAY EVENING. MARCH 28,; 1008.
t iff i
TODAY'S MARKETS
Sugar. Feople: AreJ Making Consumers
;Pay ;,Qnitc: Steep .prices? for; the'. Van:
' Tiey Had Watching the Recent Scrap.
EST OIIIOIIS
AT 84 TODAY!
SUGAR ADVANCED 30
" CEXTS HERE TODAY
Market Is In Fine Shape
With Small .Offerings.
Eggs Are Holding.
Wholesale market feature:
Bent onlona reach 14 today.
8uar 1 boosted JOo again.
V-SK outlet la good.
vl'oultry market la steady. .
; Dressed hogs come faster.
Keveral ear bananaa arrlve.
Orange market Is easier.
Oreat shortage of butter.
Hay market holding well.
Wheat and flour are unchanged.
Smelt run la email again..
Beat Onioni fteaek 4 Today
. .The price of beat Orea-p" onlona
reached $4 per 100 pound In the Front
atreet market today, and the market wti
tiff at the new prlee. 8end grade
stock waa aelllng from 13.26 to 1160
per 100 pounda and third grade, or
email alaes,' were about 7 to under those
xigun
south
R Md t
Jrall the talk of early southern onlona
T- which Mine from California, waa for
an affect to foroe heavier aelllng of
Oreg
tne
had
for on
h Thar waa' another advanoe of
SOo per hundred pounda in the
price of auar today liar b-
, cause of A similar rise by the
e Western Refinery, and. wh)ch pf,
(course, th other rflnerle were
forced to follow. Sine the last
advano of I0o In the market,
trading has been try heary.lfor
at that time the tip wont forth
' that sugar was to ascend again
and, of course buyers wanted to .
get In on the ground floor, the"1
e advanced flgures took effect at
the aUrt of business this morn-
in. ; '
CONTINUE VERY SCANT
ill elses,' wera about 7 So under those Toi,-. Hon.
jres. The promised onions from the fni H
th have failed to put In appearance, IHL J
1 tha trad la now of the opinion that " v 19
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Sheep.
i . . 100
17 1
1106 ,. SO
-- --. - -zZm.- . iivestoc market Decauae or tne cenera
"'J".'L'' "L.rrt"'j" r..r7 absenca of supplies. Receipts are
aooui oven rawnn in mnj .m.ii n lot. ,,. ...b... h.,,.
Iw a. amo.ll Tr cent Of tha Onions (..-" . W V ''7.
i lurcen 10 vrinK in nracuciuiy an
Portland Union Btockyards, Msrch III
uiei continues to range in tne local
l
so
been
their
STOCKS
RALLY
AFTER DECUIIE
7?
it ' v
Wonderful Strength-Noted
i r After Bears 'Succeed id ?
Depressirig;list. y
New York. March 21. Th wonderful
rallying itrength of the stock market
was again brought Into practice lata In
today's trading. It wa nip and tuck
during the early trading with the fight
belonging to: the bears one minute and
1th the bulls In absolute control when
tha wheel took another turn. Bearish
activity predominated during the early
aay ana tins rorceji ui usi nenerany
lower, but price see-sawed during moat
of the session. It was not until the
last hour of th trading that tne near
loat out and practically all their early
proftta wero wiped away. Trading waa
of good volnm. 424.800 share nalng
traded in up to l o clock.
Call loans war as previously quoted.
Rang by Downlnj-Hopkin company:
DESCRIPTION.
were xirst-ciass, ana lew or mem wyutu mtnt,i.m vi, ii-i. rnnHnn firm
A year ago today - cattle were ad
have held that grade until thl time
ven tnougn proaucers mm inem. Vaned S6c; Tings weak and aheep firm.
?,ucr?l."ecurl..m2r; fi0 ih.el.r,.?n.i'!! Hogs-Best stuff, 16.60 5.40; stock
ilfn ttl;y. wo,ul('by "'Sff.JjVJJ .'k" and China fats $5.26; block, 45.25.
When their Stock wer first-class than Cattla Beat eastern Oreron Steera.
r . . . . t vvivdoii. Bnsjimu vitkuii oivni o.
they would now pf oirenng inem as .b04.76 :. medium. t4.264.36: best
ff.i"1. i . Ai " . - cows and heifers. 43.754.00: medium
till retain first place are oil..-,- iistaiu. K,,n. tsjusn
Juet a good quality aa when first gaUi- SneeD "Best wethers. 15.76 ftt.OV:
Iambs, 16.2604.50; ewes, 5.006.60;
ml Thev in unusuallv firm and
- m I i.ui u. . u . U u . , .( I
from appearance, would remain n f 0a I mixed. $5.00l.(0
afllAlTTJ U1IVI4 VllfJ 1UIUUI vs n v a t-
ummer. I
w r... t i with a Tew small stocks reported
ces are rul
general sit
mg petween ay woe a puna. i ne bijuu i merclal Bulletin
are -in good shape, aitnougn sises are x general Indisposition towards buy
rather small. ing Is still manifest among the mohair
Market for our potatoes remains quiet consumers, and not much of interest
In the south because of the preae ot locally has transpired during the past
offerings. While prices are unchanged Week, outside of a small amount of
in other market, the demand Is ruling choice carding at the bottom price of
very slow and few ahlpmenta are being 24c. However, there la still a little
' T. . . " , " by buyers, there is little to the
New California potatoes are In more market at the moment. Prices
liberal arrival, and the price Is dropping. aroun(1 26c here The gen.
Today'a price along th atreet la rang- at!on i given thus by th Bost
made from here at the moment.
Great Shortage of Butter.
There Continues a very great short-
local maker is noiaing ms price very kT..T..- 7ir .,., "il. z. V-n ,, .
encouragement, If such it can be con'
siaered. ror tne dealers, in that con
sumers are on the qui vive for anvthln
mat savors or a bargain, and this
firm for all grades. Even second-grade
outside slack is hard to obtain these
days.
least before; long.
ever, short time
at
At the mills, how
Is the rule for th
Egg market Is steady at former prices """fJlfi"" ,., . ,,.
th' receipt, and demand Just Pahout rtTha4ceLgnrep'otrUtatihn. d'emand
'ri.eese tone continues to firm, with QJL but the eneral m
FOREIGN.
Turkey (extras) 62
Turkey (fair average; 45
Cape (firsts 39
Cap (seconds) 37
DOMESTIC:
Combing
Carding ' (cnoice)
eq
prices stiffer. though unchanged for the rlnr quiet,
aay.
Poultry Is juat about holding Its own
with receipts fair along . th atreet at
this time.
Dressed Hogs In Heavier Arrival.
Arirvals of dressed hogs during the
past 24 hours were s6mewhat heavier.
irptval. fir. ran.r lit In rnnj rnnillHnti
although some of the stocks were too! Carding (average)
laro-A-H ae.i. For him-If hnffa the nr re liiicnoi
generally rules around 7 He, but lesser Tops
rigure were ootained for large sises.
Arrivals of dressed veal are only fair
with prices quite well maintained for
the day.
Run of smelt In the Cowllta Is again
small and receipts here are likewise.
Price the same.
Brief Bote of Tront Street.
The expected shipments of bananas
from Central America cam in today.
Higner price is in street.
na-ed
good
market
738
.16 i
405
Nolls (first combings) 16
Nolls (second combings) 19$
lT3
2437
HOGS FIVE UP IS THE EAST.
Cattle Market Is Strong With Price
Advanced 10c for the Day.
Chlcaa-o. March 24. Hoars. 20'.000: ca
tie, 7.000; sheep, 12,000. H6ga are 6c
higher? left nver veaterrlav. A 700
L.ocal cauliflower la coming In more 1 mixed, 16.0605.36; good and heavy,
36. 2006. 85: rough and heavy.
5.16; light, 85&6.S0.
Cattle Strong to 10c higher.
Sheep Strong.
Kansas City, March 26. Hogs, 10,000
o.vvv; sneep, ,uuv.
Hogs, 6.C00
freely and 1 much superior to that re
ceived from California.
Because of the shortage In mlllfeeds
there Is a greater demand for hay and
the latter market is holding well. Sea
son Is later than usual, too.
Wheat and flour wore both unchanged I cattle,
for the day. I -
An easier tone prevails In oranges! Omaha, Neb., March 24.
oecause oi tne poorer quality oi late I came, ,zuo; aneep, too.
arrivals.
For express shipments of asparagus
the price ruled today between 11c and
12c a pound.
Still Contracting 108 xops.
While dealer are very quiet in their
operations a considerable number of
contracta have been written the past
few days around 8c and Do a pound for
1908a. No late transactions In spot
hops ar reported. The New Tork Pro
ducers' Price Current gives this view
of the situation:
"In New York state quiet markets
15.05 (0
MISSOURI IS TAKING
SOME OF OUR SPUDS
now very scarce, una low .grade re- tatoes
maining In growers', hands do not ap- .
fear to be attracting a particle of in- "
erest. On the local market few. If any, H SI
SaA.naaetlnna rf imnnrtanna Iia.a t.irAn wnue
I plai
(pedal Dlasatck to Tb Joarnil.)
La Grande, Or., March 26. j; D. Mc
are reported, but better - qualities arefKennon has shipped 12 carloads of po
now "I jr lusrce. ins lOW .KT&aeS r I tilrul In MI......I . . ... t
cars more. The rates from here
resent ar 60 cent per 100 pounds,
nsactlons of Importance have taken wJlle l.ne J. f.rom J1!8 Willamette
place. A little inquiry Is noted from cents. onippers in ine
brewers who are tempted by the ex- we"tern Portion of the state are trying
tremely low nrices now ruling rn. I mvi inoir rates reauoeu.
nental and English markets alan can.
tinue quiet and unchanged. There Is PftTfTE OV VTMTWCV
still uncertainty as to how much acre-rlx JTXIULUJLIj
age win do piowea up tnis spring, but
it will undoubtedly be large, both In
this state and on the Paclflo coast."
New York prices:
State, 1907. choice, per lb.... 12 018
State, 1907, prime, per lb.... 9 011
IN FBISCO TODAY
State, 1907, medium, per lb.. 6
Paclflo coast, 1907. choice, lb. 7
Pacific coast, 1907, prime, lb. 6H
Pacific coast, 1907, med., lb..
Germans, 1907, prime to choice
per lb 25
State, 1906, per lb 6
pacific coast, 1906, per lb.... S
MONEY AND EXCHANGE.
San Francisco. March IB. Wheat-
No. 1 California club, per cental, $1,67 4
91.6S; white milling club. $1.62 4 it
1674: White Australian, $1.70 1.72 V ;
northern blue stem, $1.62 H (5 1 -6"H:
northern club. $1.57 01.62 ; inferior
graaee ot wneat J..sta) 1.60.
Barley No. 1 feed, $1.85 1.40. with
some fancy at $1.38: common to fair,
$1.27V1.32; brewing at San Fran
cisco, I1.40Q1.45; brewing and ship
ping at Port Costa, $1.401.46; cheva
llcr. $1.66 1.86. according to quality.
Butter Fresh California extras. 23e
firsts. 22c: seoonds. 2QVSc: fresh pack
London March 2S.-Consols. 87 c; A, "tock WSl 14 ftnT i FTsc P
ilver. 26 9-16d; bank rate, 3 per cent! feh I' ?h
New York, March 26.-Sterling ex- rK i- illl hir51
flan 'Francisco. March S.fitn- L.Nw Cheese, per pound California
exrhanffn. 60 Hava arht j hi i . I '""i rancy, izc: nrsts, llHc; seconds.
SoSme'nfi.ffi tr& Jl'JJZS i !??! California toung, Wrlca, fancy.
lc, 104 premium; transfers, elf
Tinr i'h li i nrnm 1 1 1 in . w---, rm i v. va.u'tt n
" Potatoes, per cental Lompocs, $1.10
..... S).J0; Oregon BMrbanks. 85c$1.10:
Heavy Egg Shipments. river whites, fancy, 60 & 7.5c; early rose,
Halaey, Or., March 26. McCully Bros 181.35; river reds. $1.8501-40;
&, Sturtevant of this place shipped 64 ,wet potatoes. So per pound; new pota-
cases of eggs from here this week, th t0? .'i!0 Pr pound,
entire number having been brought In Onions Oregon yellow, $4 flat; east-
from the country during the period of rn, 8.754.00; Australian browns held
It Aavn Anil rhmia.li tW. n A at 84.76.
more business houses in the little town I Orahges Navels, fancy. $2.00(92.25;
buying eggs, this amount was actually Ino.'c- i.7MpZ.0Oi standards, $1.60
shipped by the on firm. The shipment
comprised 1,9211 aozen; or a total
$$,040 eggs, worth $278.
of
STEADY TONE RULES
m THE EGO MARKET
"A steady tone Is ruling In,
the egg market at this time,
with receipts quite liberal, but
with. a good demand ruling at
the present price. At low figures
there 1 a larger consumption
and Ihls enables the trad to
unload,
"Chicken receipt- are quite
good and practically all arrival
are being moved Vt the market.
receipt and -demand Just being
f-m vcanal at tna momont,;ww,
'' Cryer of lryer, Bollam Co. t "S
Plowinp; Summer Fallow, ,
(Special Dtapateli to Tb Journal.)
Pendleton, Or., March 26. There are
now over 1,000 teams engaged In plow-r
Ing summer fallow Jn th dlfTerent parts
of the wheat belt of Umatilla countv,
the weatner being especially favorable
ana me sou in excellent condition for
in wora.
AH over the reservation the work of
plowing is now- a nigh tide. It la es
timatea Dy farmers that . about one
third of the tillable area, of Umatilla
county , is summer fallowed each year.
While only half of th strictly wheat
land . I cultivated .etwh year, yet there 1
a lacge portion or me iiuaDl land in
the . foothill sections and in the Irri
gated Becuons, wmen produce, crops
every year, bring the proportion of sum
mer fallow down to one third of the
total ..tillabW rea. , ;
AmaL. Copper .
Sugar
Colo. Fuel ml...
Brooklyn
People's Oas -. .
U. B. 6teel, com.
do preferred..
Atchison
B. & O
Canadian Pacific.
Erie
I.. & N
Missouri Pacific.
Pennsylvania . .
Reading
Rock Island
Southern Pacific.
Bt Paul
Union Pacific ..
Am. Smelter . . .
N. T. Central . . .
Northern Pacific
Anaconda
Southern Ry. .
Oreat Nor . . . ,
Wabash, pM. .
Ches. Ac Onlo .
Am. Loco
Cotton Oil
Smelter, t fd. . ,
Federal Smelt.
800, com
Ontario
R. I., pfd
Am. Woolen . .
Central Leath.
Norfolk
n
So
85U
lit
MS
41
11754
1U6
15U
ltK
11H
127H
74H
in
9
16H
124
n
47H
28V?
97
74
107H
3li
?8H
19141
107HI106
n.
Total sales. 1.041,400 shares.
Money High, 2 per cent; low, 1 per
cent; close, 2 per cent
GOLDFIELD
1?
CENTS HIGHER AGAIN
San Francisco, MJarch ' 16. Ias
night's closing prices:
GOLDFIELD DISTRICT.
Sandstorm 87c. Red Too Ext. 12c. Co
lumbia Mt. 21c, Jumbo Ext. 33c, Silver
Pick, 26c. Black Butte Ext 2c, Atlanta
Z4c. Great Bend zc. Florence 14.1
Dlam. B. B. Cons. 16c, Comb. Fraction
68c. Red Hill 24c. Lou Dillon 4c, Yel
low Rose, 2c, Goldf. Cons. $6.20.
TONOPAH DISTRICT.
Ton. Nevada $5.92, Ton. Montana
$1.60, MacNamara 42c, Ton. Belmont
$1.10, Top. North Star 11c. Jim But
ler 28c.
SCATTERED DISTRICTS.
Nevada Hills $2.80, Pittsburg Silver
Pealt fl.Ob, JJdgles' Meat isc.
SPOKANE MINING EXCHANGE.
Co.
Asked.
15
6
28
6
6?
4
250
3
2
4
460
4
6
75
110
22
It
2
(Furnished by Downlng-Kqpklns
Membora Spokane Exchante.)
Spokane, Wash.. March 26. Official
prices:
Bid.
Ajax 10
Alameda 6Ti
A 1 ham bra 4
Alberta Coal ft Coko 15
Am. Commander (4
Bullion 4
Charles Dickens 17
Can. Conn. Smelter 70
Coppef King 3
Dominnon copper zio
Evolution 14
Echo 1
Galbralth Coal 20
Gertie 4 V4
Oranby Smelter 85
Hecla 300
Happy Day 8 H
Holden Gold & Cop 8
Humming Bird 614
Hypotheek 1
Idaho Giant 0
International C. & C 66
Kendall 95
Lucky Calumet IS',4
Missoula Copper 10
Mineral Farm
Moonlight 3
Nabob 3 T4
Nine Mile
K. Cons ltf
Oom Paul M
Panhandle Smelter .. 6
Park Copper 14
Rambler-Cariboo 25
Reindeer 2 4
Rex U6 to 1) 11
Sonora 2 4
Bnowshoe 19
Snowstorm 186
Sullivan 14
Sullivan Bonds
Stewart 75
Wonder 24
Todaya Sale.
1,000 Alameda at 6 2,000 Dickens at
74c. 1.000 Dickens at 17c. 3.000 Con
per Mining at 4c. 2.000 Copper Mining at
4c, 1,000 nappy Dy at gc, 8.000
Panhandle at 6c. 600 Snowstorm at
1.84. 600 Snowstorm at J1.83. 500 Snow
storm at $1.85, 6.000 Wonder at 2c.
Metalln and Idaho Btc-ck.
Mammoth. MorultiK and American
Lead stocks are the beat buy on th
market. See us for full particular
nd closest inside prices.
THE L. Y. READY INVESTMENT CO.
337-39 "Chamber of Commerce.
189
1
6760
100
3
Boston Copper Market.
Furnished by Overbeck & Cooke Co.
Boston, March 26. Official prices;
Liverpool y Wheat ; Market,1
Liverpool. March 2S. Mv ,hi
opened at 11 d, closed' at 7 Hd,-a
net advance of L over yesterday. 5
Adventure ..14
Alloues... . 26 B
Atlantic ... 9K
Cop. Range. 65
Daly" West.. 84
Dom. Cop. -. 2 4
Ely ..... a
Gold Hill .
ureene ....
Michigan ..ll"
Mohawk ..,4944
No. Butte .654
Nevada Con.13
Bingham . i,80 ... B
Giroux
Old Dom.
Shannon .,.124
Tamarack ..63
Victoria .... 8 B
tiutte coaia.Z2K
United 41
rnnuy .....it
farrot .....w
Tennessee
Nipplssing
Elv Cons. . 1 .
Osceola ...'.85 B
Winona ..... f 44
41
...... -'m
' Northwest Bank Statement.
' PORTLAND,
Clearing today ............ $89,783.3
inr u .................. aoi.sns.C7
Balances toaay ............. ii3.35.12
Year ago ..,.,..... ..4,.,. 106,445.64
- SEATTLE. s-
Clearings
Balances
. ' ;f
TACOMA.
j;:.t'f2i.f
Clearings; i,,.?.i593,65;
Balances .t,..i.:.. ...,....,, JL8 i
.
1?
LI
BUYING WHEAT
terday, ot t for May and 4e for July
delivery. - " " ..-- - ; -
Provision - wero booming, with .a
heavy demand and May pork mado a net
gain of 42 4c. whll July advanced 46c,
Th former closed at 1290 and th lat
ter at 1330. Corn waa firm with a rlae
of nearly a cent for th day, but oat
trading waa slow with price a fraction
down., : b y . " ' -.
i Rang by Downlng-Hopklns company.
Sharp Keaction From the
Early Xoss' There Brings
Chicaigq Market Up.
CHIQAQ6 , WHEAT MARKET.
Open. Close. Mch. 25. Gain.
May 6 95 94S Jt
July 90 . 0 69 'A 4
Chicago. March 26. The sharp ad
vance In Liverpool after showing a de
cided tinge of weakness with d iocs
at the opening, put the bears into a
hoi here regarding wheat and this mar
ket opened with a rain of He for May,
with th price at 9 Be. - Liverpool closed
4d above the closing of yesterday and
this, caused a further rise here. The
net -gam at th end of today's session
waa 4o more than th loss made yes-
May
July
May
July ,
May
May
July
High.
5 4
WHEAT.
Open. High.
95
90
CORN.
7 . 674 '
4H 4g
OATS.
13 63 -MESS
PORK.
1160 1390 ,
lioo 1110
Low. Close
944 914
.$94 . 90
REGISTRATION GREATEST AD
PORTLAND COULD BE GIVEN
11 Sift
1260
1197
iJJO
1130
, - Cargoca Aro Dull.
London, March : 26, Cargoes dull;
Walla Walla prompt shipment at 8s,
California 35a 9d. Engllah country
markets quiet but steady. French coun
try market quiet.
Tacoma Wheat Market.
. Tacoma, March 26. Wheat, export,
olub, 62c; bluestem, 84c; red, 80c.
Btate Haa Cash.
Olytnpla, Wash.. March 26. State
Treasurer George G. Mill today made
the announcement that the state was
again on a cash paying basts and after
today no more warrant will be Issued
bearing th stamp, "Not paid for lack
of fund."'
That th commercial and clvlo or
ganlsationa of Portland could accom
plish more good for the city by making
a united movement to place Portland's
total registration In excess of Seattle's
than by any other scheme for advertit
Ing th city, is the belief of qity Audi
tor A, L. Barbur, who said today:
"If all1 these organisation were to
get together even at this late day and
make a concerted move to get all the
eligible voters to register before April
7. a greater good would renult to the
city aa a city than any other scheme
that could be devised. We have the
voter . her and something should be
don to get them oat. If w ahow io
the worlif that we hav a larger number
f voter than Beanie.-which w hav.
the question of population supremacy,
of Portland and BeatU would be aettiei
one and for all '
"Suoh, an advertisement would work:
wonder for th city. It fa th duty of
every man to vote, but whether he vote
or not he should be orapellett to get
out and register. That at Joaat woultt
show that h Uke prld In his city.", ?
The .oUl registration to dal U , 3 4,
17$. The Republicans har 18.934, th
Democrats 4,058 and all other 1,114.
Yesterday 897 nsmet wer added to th
list, showing an Increase over last week,
but under th dally avtrag f th wi
previous. ' , ''
NUNAN TO HANDLE
LATE WIFFS ESTATE
Jerry Nunan ha been sppolnted ad
ministrator of the estate of his late
wife. Clnnle Nunan. The property is
valued at $5,800, the heirs being the
husband and two children.
Upon application of Judge Bolre, as
guardian for Charles Scott, Judge Web
ster has directed that $400, which la
practicslly all that Scott has In the
world, be paid to th Benedictine Sis
ters' sanitarium at Oak Grov to care
for him the remainder of his days
Scott is sged and Inflrm and haa,bei
living alon In a hut In th city. , 1
TER3I "JACKIE" AN '
INSULT TO SAIIX)K3 1
Navy Yard, Puget Bound, Waah
March 2. Rear Admiral W. T. Bur- t
well, commandant, tn forceful wwrda tf
put the term Jackie' under the tai. .
declaring that the term is little; le ,, .....
than an Insult to the nllaUd n.
Sailor, bluejacket or enlisted man arj
the proper term and should bo ueo.
he said. " " - ." "
far mm.
'9
m3
My advertisement which will fill double this pace in the pres of the World tomorrow, Friday, March 27th,
will set forth in detail the features of "fair finance, gold at 50 cents on the dollar," which, boiled down, is: First,
the public will be given' the opportunity to purchase in the open markets, through the members of the leading stock
exebances of the world, as whatever price the buying of the public puts in it (not less than par, $5, which it must
net the corporation Owning it), 700,000 shares of gold stock the value of which has been demonstrated and the
name of which is known throughout the worid. Second, this stock, with the remaining capital of the company,
2,800,000 shares, which are not for sale to any one at .any price, is owned by a holding corporation whose capital ,
of $20,000,000, par $100, has been recently selling in the open market at over $300 per share or over $60,000,000.
This stock, and consequently -the gold, is owned and controlled by the most successful group of mining capitalists
in the world, the corporations owned and controlled by them aggregating at the open-market price a short time
ago approximately $300,000,000. Fourth, this stock has never been offered to the public, nor have the public ever
had an opportunity to acquire it.
The above means: First, that tomorrow there will be placed before the public the complete story of a most
remarkable investment. Second, that this story will be unique, inasmuch as it will be the first time in the history of
stocks where a story relating to a security of great, worth will read like the yarns usually spun in glaring adver
tisements by irresponsible wildcat stock-promoting swindlers. Yet, in this case, the unquestioned authority of the
experts' reports which will be embodied in my statement, and the predominating position occupied in the bank
ing, railroad and corporation world by the men who will vouch for my story will be proof positive and unassailable
of the facts upon which my story is based. This in turn means that there will be a demand for this stock not only
far beyond the supply, but greater than that for any other investment stock ever offered to the public. Which fur
ther means that all who secure any of this god during the first days it is traded in on the open market will be
assured of not only an exceptionally safe and high-return permanent investment, but an investment which will im
mediately show large profits, for, as the demand for the stock increases in volume, as it is bound to from the first
day's trading, the price must mount.
Now to real business to summarize what I have heretofore said in Fair Finance, I, 2 and 3, which, it is only
fair to state, has been said for the purpose of securing the attention of my audience, the public, and next educating
them to a condition where they will quickly and clearly comprehend the desirability of doing what I am now
about to advise them to do.
I unqualifiedly advise every investor and speculator the public and small investors American and European
capitalists every trader in the New York and other American exchanges, and the London, Berlin and Paris, to have
their buying orders feady for execution at the beginning of trading in the New York market Saturday morning.
What this means is first, that by this new method all will know the merits of this stock before it is placed upon
the market all will have an opportunity to get in at bottom prices. Second, that there will be turned over to the
public from the very beginning of an assured successful enterprise all the large profits which are to accrue to those
who own this stock, instead of passing these profits over first to the corporation creators, and next to the middle
men brokers, who, under present methods, purchase to resell to the public at inflated prices.
In detail, what I unqualifiedly advise is this: First, that every small investor, as soon as he finishes reading
this "fair finance 3," place in the hands of any of the members of the leading stock exchange or their local bank or
banker, all or a substantial portion of his savings, at the same time an order to buy, at, say, not over $7.50 per
share, whatever number of shares the money will pay for but in every case to attach to these buying orders pos
itive instructions not to execute the order until after further directions. Next, carefully read tomorrow's statement
and investigate the correctness of all the assertions and proofs submitted, and, if the verdict is, as it will be, that
this is an investment such as heretofore have only been given to "insiders" captains of finance then affirm the '
order. But I bear down on this if the slightest doubt remains about this investment being a nugget, cancel the
order and no loss will accrue and no harm will have been done. Right here, I will say, after thirty-eight years'
activity in stocks and finance, without having ever met with a stock bargain which would justify me in advising,
say, a woman investor of moderate means, to invest her all, and this after having marketed hundreds of millions of
securities, in One group alone having turned over to the public more than $100,000,000 of profit, I fully appreciate
the great responsibility which attaches to advice I give,, but in this case my knowledge of this investment, which
knowledge I will submit to the public tomorrow, allows me for the first time to give such advice without any fear
of being in error. v .
Second, that every American capitalist should instruct his banker to purchase this stock on Saturday morning,
provided the facts which I will submit tomorrow affirm my every assertion and absolutely prove that this is a
most extraordinary opportunity for money-making.
Third, that every English, French or German capitalist or speculator instruct his American arbitrageur to
purchase for him a block of this stock, after weighing what I will publish tomorrow. My adv$rtising has inter
ested vast numbers of people everywhere in what is to be described tomorr6w, when all will be able to judge for
themselves of the desirability of investing, but not until Saturday that is, not until every one has had twenty
four hours' opportunity to satisfy themselves of this stock's worth, can any one secure a share at price, for every "
share is owned by the corporation I refer to; I do not own a share. On Saturday the reputable brokers of New
York, Boston and Philadelphia will stand ready in the open market to supply the stock to all comers, and my work
will have been completed. They will continue from day to day to 6Upply the stock until the 700,000 shares will
have been sold for the benefit of the corporation. Then I will proceed to "bring out" the next one a $60,000,000 '
one. This means that my greatest interest is in completing gold as quickly and successfully as possible,and thea
to have the price at which the public have secured their investment mount rapidly to its real worth, two or three'-
times its first price. He who runs should be able to comprehend as he goes that a brilliant success with this first
or test case means a brilliant success with the second, and so on to the place where the old methods of bloating
stocks with the benefit to the few and disaster to the many will have become a memory. '.' 1
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A FINAL WORD TO INVESTORS t-
It is generally supposed that just now money for investment is scarce in America. This belief is erroneous,
I have recently had three complete canvasses made of the United States and Canada, with the result thfT I be
lieve strongly the people at large have .never had so much money ready to invest as now, never had so strong"
desire to invest, but never had so little confidence in the old investments. This means that they will tumble Over
themselves to reach an investment they are sure is good, and in which they are to be given a square deal. - A square.
ceai is wnat 1 win present tomorrow. . '
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" Boston, March 26, 1908.
THOMAS W. LAWSON
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