File:Harper's New Monthly Magazine Volume 109 June to November 1904 (1904) (14782544352).jpg

Identifier: harpersnew0109various (find matches)
Title: Harper's New Monthly Magazine Volume 109 June to November 1904
Year: 1904 (1900s)
Authors: various
Subjects:
Publisher: New York: Harper & Brothers Publishers
Contributing Library: Brigham Young University-Idaho, David O. McKay Library
Digitizing Sponsor: Brigham Young University-Idaho

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been duly converted into three-and-a-half per cent, bonds and reposedsafely in the Great Midland treasury.The Midland management was extreme-ly anxious to secure absolutely all theoutstanding stock. Once in its possession,the Lakeside surplus in cash and securi-ties of other roads, amounting to manymillions, would be distributed among thestockholders—that is, literally emptiedinto the Great Midlands hungry treasury,since there would be but one stockholder.The Midland needed it. For that reasonthe Midland was trying to buy in theopen market the last remaining sharesof Lakeside. Their value was exceeding-ly great for those especial reasons, andthe price had thus risen out of proportionto the intrinsic worth. Mrs. Buxton herself called on Mr.Mitchell a fortnight later. I didnt want you to send me theLakeside check, because Im going to Eu-rope to-morrow to be gone three months.My boy stays with his grandmother. We will have it all ready for you, Mrs.Buxton. Would you prefer it in cash?
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BY ALL MEANS, MADAM, CONVERT YOUR STOCK PREDILECTION 577 If it isnt too much trouble. Not at all. The stock is now sellingat 380. Is it ? said Mrs. Buxton, politely,endeavoring to appear interested. Yes. The Stuyvesants want it badly,and they are willing to pay for it. Itsworth more to them than to-any one else. Ireally think you would do well to sell it. Change it for the bonds ? Oh dear no, laughed the broker. Sell it for cash and buy any bonds youwish—good railroad bonds that will netyou four per cent, or a trifle over. Ifyou do that, you can get very nearly$5000 a year on your money. I can ? said Mrs. Buxton, starting. Why, I only get $2100 now. Yes, and your money would be justas safe. Are you sure of it ? Mrs. Buxtonclosed her eyes in order not to see theshattering of her joyful dream at Mr.Mitchells next words. She tried also toclose her ears by an effort of the mind.But she heard him say, Absolutely sure, Mrs. Buxton. Well, then, do it. Very well. Are you sure, Mr. Mitchell?

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