10 shares at 90 $900 10 " " 89 890 10 " " 88 880 10 " " 87 870 10 " " 86 860 10 " " 85 850 10 " " 84 840 10 " " 83 830 10 " " 82 820 10 " " 81 810 10 " " 80 800 10 " " 79 790 10 " " 78 780 10 " " 77 770 10 " " 76 760 10 " " 75 750 10 " " 74 740 10 " " 73 730 10 " " 72 720 10 " " 71 710 10 " " 70 700 ------- Total Investment $16,800 It will be seen that $16,800 will handle a ten-share lot of Western Union Telegraph through a regular "Black Friday" panic, with a resulting investment as stated above. It must be borne in mind that the average prices of these purchases is 80, giving a dividend of 6% on the investment, but when the market has resumed its normal condition (90), the profits will be $2,100, exclusive of dividends. If lots of 100 shares each were purchased, there would be profits of $21,000 exclusive of dividends. _The shares of the American Sugar Refining Company fluctuate 4,900 times their par value every year, and our method applied to them will give a profit of from 200 to 300% per annum, exclusive of dividends._ While we refer to the possibilities in making investments in Western Union and American Sugar Company's shares, we include in our operations a number of different securities, all at the same time. For instance, when we would purchase one hundred shares of one stock, we divide it into five or ten different lots and do the same thing in, say, ten or twenty different stocks all at the same time; therefore, instead of having on hand a few large lots, we have two or three hundred small lots, purchased down to the lowest prices, and by purchasing outright a large quantity in little "lots" at different prices, the average cost eliminates the risk of loss and insures certain profits. According to the results of speculation and manipulation, the twenty different stocks that we deal in do not usually all go down at the same time. Some are going up, while others are going down; therefore, we are receiving profits in one, while making advantageous investments in another. _We have been established in Wall Street for a number of years, and we know about the various stocks on the market, their value and earning capacity._ We know the stocks which are most sought after by investors, and the stocks which are used by speculators to make money out of the public.