[36] Even such fluctuations are considered as unworthy of consideration in American railroad stocks, where fluctuations of 10 per cent, and even more, within a comparatively short time, are of frequent occurrence.
H. W. R.
[37] Or through Options at least insure himself against loss.
H. W. R.
[38] In Options, however, the poorer speculator virtually borrows, for a fair consideration, the capital and credit of the rich operator.
H. W. R.
[39] As said before, the settlement in New York is daily.
H. W. R.
[40] All these experiences happen also in the New York Stock market, only in different form, such as railroad wars, law-suits, injunctions, &c.
H. W. R.