Crawfordsville Review, Crawfordsville, Montgomery County, 30 May 1891 — Page 3

Ladle*.

in

Terre Haute

TheOldMableGollsge

WHERE

BOOK-KEEPING, SHORT-HAND and TELEGRAPHY arc taught by actual business

PATENT

COLO CLASPS

Pure Wines and Liquors

FOR FA

A, Muhleisen!

USE.

Has now in_.sUd a most carei'tilly selected lot of PUKE IMPORTED 'alifornia k'hich

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many brands we have in stock have a national reputation for purity and excellence in quality, and are being prescribed now constantly by our highest "••local

Medical Authorities in this city, i\5r their Medical qualities and asn PURE WIIOLESOMK dinner or table dessert Wines. A large line ot: Imported KEY WEST and Domestic Cigars.

ALBERT MUHL BISBN

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THE NKW YORK STEAM ''''DENTALCOLLEGE

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cm, CO

THE CRAWFORDSVILLE WEEKLY

'UNDER THE H'ARTHSTANE."

•Brother, you bear your sorrow With patience that passeth praise, Tho loss of worldly possessions

Just at your latter days I How do you bear it?" the neighbor prayeil, •There's love 'neath the h'arthstane I" the old man said.

"Oh, love is good, I grant you, Whoa seasoned onough with gola, But love In a cottage"—he shook liis head— "Is rhyming that will not hold 1

Ixvo only can never lift your load Of sorrow and labor on life's late road." •.

"Ay, ay I" the old man answered, His white head sturdily raised "When ye h'ae lived a' my lifetamo, "Ye'11 cry: 'The Lord be praisedI'

Whether o' good or ill shall fa' If love 'neath the h'arthstane survtveth a' I"

"But you and your wife," urged the neighbor— "Your children under the sou—" "Nae under the sod,-' tho old man cried, "Good neighbor—gano to God!

An'what h'ao wo to do wi'pain When love still glories the auld h'arthstane?"

"Your faith is past my knowing!" Tho neighbor murmured low, A spirit of awe and wonder

On his face, as he rose to go. "Ah, friend," the old man answer made, "Love 'neath the h'arthstane is naught afraid 1" —Jean K. Ludlum, in N. Y. Ledger.

GETTING RICE.

Grafton's Speculation and tho Lesson It Taught Him.

"I've been too lony plodding. Now I mean to go to work and make money," said Albert Grafton. "You have saved up two hundred dollars a year for tlic last five years, Albert," said his wife. "Is not that doing well?" "Only a thousand dollars in five years! That's rather a poor prospect, Alice." "I fancied it was doing well. Still, I shall be glad if you can do better. l!ut what has made you discontented on a sudden?" "I will tell you. You know Crampton in our office?" "Yes." "Well, three months ago he received a legacy of a thousand dollars from an aunt of his. What would you have done with it?" "Put it in the savings bank?" "Where it would have earned by tliis time fifteen dollars interest. Ho did better than that, lie bought shares in a mining company, and to-day he sold out for two thousand dollars." "Doubling his monej'?" said Alice, in surprise. "Yes, and in three months. That's what I call doing a good stroke of business." "Yes, but there was a risk about it." "Of course you can't gain without incurring some little risk. Now suppose he doubles his money again in the next three, or, say six months, he will have four thousand a sum which it would take us twenty years to lay by." "Slow and aurc is a good rule, Albert." "I really believe, Alice,' you would prefer a snail to a horse. If I were going to live as long as Methusaleh, I might be satisfied with my slow gains. As I don't expect that, I mean to take a shorter end to fortune." "I am afraid. Albert, that it will prove a short cut to poverty." "Don't croak, Alice. Trv.st to me, and you will ride in your carriage yet."

Albert Grafton begun at once to look out for some profitable mode of investment for the little sum which had been accumulating at the savings bank for five years. It amounted now, with interest, to about eleven hundred and fifty dollars a sum which lie had regarded with i- tisfaction until lie had been dazzled by the lucky speculation of his fellow clerk. He dropped a hint to Crampton that if he should hear of a good investment he might be disposed to embark in it himself. lie withdrew the money from the savings bank in order to have it ready to use at short notice.

The lucky chance was not long in arriving. One day Albert came home in excellent spirits. "Well, wife," lie said, "what do you think 1 have done?" ilrs. Grafton looked inquiringly. "1 have invested the money." "How?" she asked, not without considerable anxiety. "In the Winnebago Milling Company —a capital thing." "What do you know about the company, Albert?" "Oh. it's a lirst-rate company. Tho mine produces tons upon tons of cop' per every year." "J low do you know?" "The prospectus says so." "Are you sure the statements are to be relied upon?" "Of course. Don't be so suspicious, Alice. One would think the world was made up of sharpers." "What did you pay for the shares?" "Fifty-six dollars. I had money enough to buy just twenty and have thirty dollars oyer." "Suppose we put that back into tho savings bank." "What for?" "We have hail money in the bank so long, that I shall feel better if we have even that little left to our name." "It's it strange fancy," said tlic husband, laughing, "however, I will hand the money to you, and you may do aa you like with it." 11c passed over a roll of three ten dollar bills, which his wife put in her purse and deposited in the savings bank the next day.

Alice ditl not look with much favor upon the Winnebago Mining Company, even after seeing the circular which demonstrated in the most convincing manner that it could not fail to pay a dividend of fifty per cent, the first year, besides rising materialljr in market value, thereby making it a most desirable stock to invest in. Somehow Alice was skeptical, and though she could not detect the fallacy, felt that there was something wrong. Her husband became almost angry with her on account of her prcsistent disbelief, declaring that she was hopelessly prejudiced. "I hope I am wrong," she said smiling faintly. "I trust events will show me to have feared groundless!}'."

RKVIMW.

It seemed, indeed, as if this would be the case. The stock began to rise steadily- From fifty-six it rose to sixty-flvo In a fortnight. "1 have made one hundred and eighty dollars so far," said Albert exnltingly. "What do you think of that?" "ion had better sell out, and secure it," said his "-ife. "Not I. I will hold on, and make more." "It may go down again." "I don't believe it."

And it did not go down. The fact was some strong parties controlled the stock, who were adroitly manipulating it for a rise. So, quite independently of its actual value, it rose steadily until it touched ninety.

At, that point Albert was fortunate enough to sell out, receiving for his twenty shares eighteen hundred dollars.

He announced this to his wife with great satisfaction. "A clear profit of six hundred and eighty dollars," he said. "As much as I could lay by in three years—and I've done it inside of two months. I'd better have kept it in the savings bank, hey?" "Take my advice, and put it back there, Albert. He content with what you have made, and don't risk the money again." liuA Albert Grafton had had a taste of speculation, and the fatal fascination was upon him. "I must make another venture, Alice," lie said. "I don't deny there's some risk, but I want to make a little more."

You can't expect to be lucky every time." "It wasn't luck. I used my best judgment in the investment, and it turned out well." lie began, despite his wife's remonstrances. to seek out another chance for a speculation. lie was shown the prospectus of a petroleum company, which was represented as wonderful for the unparalleled yield of the wells already opened upon it. Capital was needed to sink an additional number, which there was every reason to think would yield equally well. For that purpose a limited amount of stock waa offered to the public at the extremely low price of ten dollars per share.

Albert decided to invest his entire capital in this promising speculation. He paid over eighteeu hundred dollars, and received in return a certificate of one hundred and eighty shares, which he showed with great satisfaction to his wife. "The shares, it is thought, will go •up to twenty dollars in a month," he said.

But unfortunately tlicy did not. They remained at prfT only a week, and then declined to nine. Somewhat uneasy, Albert went to the secretary of the company for an explanation. Ho was assured by that gentleman that it was all right that the decline was owing to the efforts of a large operator who wished to buy in cheap, and profit by the subsequent advance.

If this was the case the operator was successful, sincc another week brought down the price to seven.

Mrs. Grafton urged her husband to sell out. "What, and lose over live hundred dollars?" he exclaimed. "I am not such a fool." "I!ut you may have to lose more." "lS*o, the ottieers say it is all right. They are now digging wells. As soon as they prove successful the stock will take abound upward."

Meanwhile the stock sunk to five, and again Alice besought her husband to sell. "You will get back nine hundred dollars," she said. "And lose nine hundred? No, I will see it through,'" he said.

Poor Alice looked on with dismay. Iler heart sank within her every day when she took up the evening paper, and noticed a, further decline in the stock in which her husband's all was invested. Site saw that he was too headstrong- to be influenced, and looked forward sadly to the entire loss of the money.

The decline continued, until tho stock touched three. Albert began to feel serious. "What do you think of your stock?" he asked Crampton. "I am out of it," was the reply. "Out of it.- When?" "I sold out tit four—I have lost confidence in it."

In a panic. Albert went to his broker and directed a peremptory sale. Tho next day he sold out, realizing two dollars per share, instead of the original ten. making three hundred and f^xty dollars, lie hardly knew whether to be glad or sorry when he learned that the stock was no longer his. Hut his wife heartily rejoiced. "At-least," she said, "you have saved something from the wreck, and you have gained experience. Now, let us put the moncj' back into the savings bank."

Albert made no opposition. He felt too much mortified and discouraged at his losses to wish to engage in anv fut ther enterprise of a similar nature.

As for the petroleum stock, it went down and down till it ceased to nave a market value. The last quotations were ten cents a share, anil it would-not command that now.

Albert Grafton's lesson was a sever,e one, but it will conduce to lii's permanent good. He is young yet, aud with industry and frugality may earn a competence. For one speculator who makes a fortune there are ten who fail. Slow and sure is very apt to win the race.—Horatio Alger, Jr., in Yankeo Blade.

The Ileal Victim. V.

Sliarpson (in surprise)—You say you are a victim of the cigarette habit? I never saw you smoking.

Phlatz—I don't smoke, but I can't help smelling the infernal things, can 1? —Chicago Tribune.

—Alonzo—"I say, ol' chap I just dwopped in to see if you would go for a spin on tho boulevard with me." Adolphus—"Can't, deah boy. I'm deucidly afwaid of going into the air so soon after be ng manicured, doncherknow." —America.

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