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Show WORKED OUT AS HE PUNNED Shrewd Mining Promoter Knew Juet , How Long Women Would Keep Secret He Imparted. The psychology of selling was probably prob-ably never applied better than in the r disposal of the Welsmann Mining com- pany during the coppor boom of 1009 nnd 1007. Mr. Welsmann, who owned all tho stock, gave a lawn party la the western city where he lived nt the time. To this affair he Invited all the men In the town who had any money worth his while, as well as their wives. Taking asldo the ladles one at a time, he confided to them over a glass of lemonade tho following: "1 would like to see yea make a little pin money without aay risk, If I could trust you not to betray my confidence con-fidence by taking your husband Into my plans. I don't mind you buying 100 shares of Welsmana Mining stock, on which you will make 1,000 per cent, but If you should divulge this to your husband he might buy several thousand thou-sand shares and laterfero with my plans in the market" Of course, every lady gave her s. , crcd promise, and broke It before sai . went to bed. Welsmann Mining, which was listed on an eastern market, was sold to the last share beforo noon tho next day, Wall Street Journal, |
