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Newspaper
Alliance Herald
Location
Alliance, Nebraska, United States of America
Date
Apr 16, 1920
Page
5
A Denver observer salutes Frederick Dyer from Denver Colorado praising his nerve and ambitious stance while humorously skewering his self image and letter writing as a vivid imitation of typewriting. The piece notes his offices and bank role as part of the boastful persona.
The note outlines a plan by Frederick to accept a $50 check to join a private oil stock pool. It claims access to special financial circles and a discounted block of stock, not naming the stock but noting a price drop from sixty cents a share last year.
The piece notes several oil stocks trading high last year now available cheaper. It highlights a specific offer: four hundred shares for fifty dollars, a small 12 percent per share drop, inviting further inquiry into the lowered price and potential value.
A plan discusses selling by the pool with Frederick attempting to secure the transaction. He believes he can sell and that once completed, a bank draft from Fred will finalize the cash payoff.
Frederick pitches a low risk stock gamble promising natural demand and no advertising costs. He notes a well beyond the 2,000 foot mark could bring profits, claiming a potential two to three hundred dollars for himself and a modest gain for others.
The piece critiques Frederick selling unknown stock by mail without state blue sky permits. It notes how interstate mail fraud laws seem ineffective, allowing advertised investments to reach naive investors. It argues for stronger enforcement beyond prohibition statutes and highlights the mismatch with government campaigns against unknown securities.
On March 25 she underwent a serious operation and was rapidly improving when a change occurred and she passed away within an hour. She was not a member of any church but hoped to become a Christian. Elder C H Miller of the Seventh Day Adventist church of Gering offered words of comfort from St John 11. The community extends sympathy to Mr Sutton and family in their hour of bereavement.
Austria proposes borrowing from American millionaires offering pledges of government property including palaces museums fortresses and even Vienna city assets as security in a bid described as appealing to Europe’s elite before the war.
Nevada Thomas Sutton born November 18 1877 in Greenupsburg Kentucky died April 4 1920 at Bayard Nebraska aged 43. She lived in Missouri Kansas Oklahoma Iola Kansas Alliance and Wild Horse Nebraska was mother of thirteen with ten living. Survived by husband Henry B Sutton ten children six grandchildren father and siblings. She was active in Wild Horse Woman's club and died suddenly from heart failure.
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