Show I SANDBAGGING S. t. t Mercenary t I It of cf York ll 1 I J Driving ill II Him U Out Omit lt oI of jO It has haq been decided that the lie New Neit NewYork York stock tax of two cents a shaie shue a applies P wit without hou t re regard a Ill I'll to 0 th the c par value of the Ute stock whether the time r latt-r Is 1 or oi 1000 This Till of if course coun e constitutes eon con an aim Injustice but Lut apparently not hot from flom a legal standpoint says Say'S the time Financial News e Boston A tax of two cents a share shar sharon on such stocks s as Reading and Pennsylvania par of which Is 50 fiO will not sel seriously ou l Inconvenience anybody The difference differ ence once will L be felt In the lie priced low mining stocks the par of of which Is 1 U while the selling are considerably bly lower than tItan that The New ew York Yol curb or the thelIn Mining Min lIn lInIn lug ing In Exchange moro more properly speaking speak speak- ing deals largely largel In times these he e stocks R. R Of Ofa a total of 38 mining stocks therefore c sell gell below 1 I each A tax of two iwo cents a share on astock a aslock astock stock selling at this low how level means n-means considerable Moreover oreo I six of oC time the stocks locks quoted sell seli s H below 20 cents each cach so 80 that hat time tile tax means over o 10 Percent per percent percent cent oh on the cost It Is a fact that hint the time public will snap up imp mining stocks at a afew afew afo fo few cents a share much more mOle luiel quickly IY than limn they hwy will take tale stocks s selling at atas ats as s 5 t many dollars though tho tit latter I may a be J c cheaper i l Intrinsically The rhe usual argument l. l Is that thai with the priced low stocks the tho buyer 1 can calm lose but little Tills This Is a must fallacious argument lIe He can caim lose everything does Certain Certainly he lie puts In III and usually ly he can lose loso no mo more with higher priced stocks s. s j 1 I There Is another method of or sur- sur surmounting mounting the which tho the New York curb brokers assert they I will use us-c. That is to come to Boston where o no such uch tax Is Js levied It Issa is sa said that hereafter pool pooh Uon 1011 will be directed in Boston and amid some Soil of time the larger h houses uses will move there unless trio law la Is repealed |