Page 2 Advertisements Column 2

Waikato Argus, Volume IV, Issue 281, 30 April 1898, Page 2

Mr W. Gardner, Rukuhia, has some young Berkshire pigs for sale. Mr T. E, Hallett, Mercer, has a notice under the Licensing Act in this issue. Last year Greece was buying guns, and this year it lias ordered 10,000 ploughs. Taking all the year round, the coldest hour of the twenty-four is five o’clock in the morning. A large number of additional entries have been received for Mr W. J. Hunter’s Kilnkihi sale. The annual meeting of ratepayers of the Pukekura Road District will be held on Friday next at 3.30 p.m. A Sydney clergyman boasted the other day that he had been 40 years in New South Wales and never once on the Randwick racecourse. To offset him, however, can be produced a bow-legged jockey who has attended every race meeting held during that time and never once been inside a church. The rumours of war (writes the American correspondent of the Dunedin Star) are playing the very mischief with stocks. On February 14th, a bubble burst in Wall-street, and millions of dollars were knocked out of the Stock Fxchange’s value of securities. Practically all the stocks and bonds on the list declined. Subsequently, after the “ lambs ” had been fleeced out of millions, the big gamblers succeeded in manipulating the prices hack to about the point they were before the break. This stock netting business is not legitimate nor beneficial. It is not a business in any sense. Those fellows are not deal ing in securities but in insecurities. They hold slocks on margins only to bet on. When unable to pub up margins they are shaken out and fleeced by other sharpers on the streets. No harm is done. There was no occasion for sympathy or anxiety of any kind. It is nothing but blackleg sport on a large scale. War with Spain cannot hurt our railroad stocks. The railroads will earn just as much money, and possibly more, if we had a brush with the Dons. The war talk cut no figure in the bursting of the bubble. It was only the pretext. No honest, patriotic citizen will do any weeping because margin gamblers lose no stocks.