Stocks Hopeful | AdventAI

Pacific Seventh-day Adventist Publishing Association · Oakland, California · Dec 5, 1878

Stocks Hopeful.

It is reported that there is a better showing in the Nevada mines, and there is a prospect of the stocks being firmer. Why not? The mass of stock holders, under heavy assessments were compelled to sell at ruinous prices; the managers have everything in their own hands; and now it is time for them to raise the stocks, and put them on the market again. A Philadelphia paper said that, compared to stock brokerage, gambling is a regular and legitimate business. Dr. Guard, in his thanksgiving sermon at the union service in Oakland, speaking of the recent transactions in the stock market, said it was "an extreme manifestation of the gambling spirit." But men and women, greedy of sudden gain, will not be warned. They will soon be as eager as ever to risk their all in the hands of stock brokers. It is no wonder that so many go insane in California, under the influence of such strong sordid passions, and such constant unhealthy excitement.