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Hot Air Promotions - An Autobiography of a Mining and Oil Stock Sucker
by Stanley McShane.
"There's a Sucker Born Every Minute," thought to be contributed by P. T. Barnum was actually uttered by a competitor of the Barnum & Bailey Circus. While he was referring to the customers of that famous circus, the saying could certainly be attributed equally to that period of time when mining and oil stocks were exploding on the exchanges early in the first and second
"There's a Sucker Born Every Minute," thought to be contributed by P. T. Barnum was actually uttered by a competitor of the Barnum & Bailey Circus. While he was referring to the customers of that famous circus, the saying could certainly be attributed equally to that period of time when mining and oil stocks were exploding on the exchanges early in the first and second decade of the 1900's. Gold and silver mines (both real and paper) were capturing interest in investment popularity and touted every day as well as this country's fledgling oil discoveries. The west was being heavily mined and there were unlimited opportunities to place hard-earned dollars in the hopes of reaping many thousands in return.
This autobiographical account written almost 80 years ago follows the crazy roller-coaster ride of a mining stock gambler on a get-rich quick plan from early 1900 through the first world war, post-crash, and depression. But back then you couldn't help but win big! Right?
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My grandfather wrote this book back in the 1930's when he tapped his manuscript out with his two index fingers on an ancient Underwood. Earlier in his youth, Rose (McShane) had caught the gold bug and traveled north to Alaska after he stepped foot off the last ship he sailed. From there, he looked for gold in California, Nevada, and Arizona. Failing the discovery of a life-changing gold mine, he traveled back to San Francisco and began the long risky road of mining stock investments back in earl
My grandfather wrote this book back in the 1930's when he tapped his manuscript out with his two index fingers on an ancient Underwood. Earlier in his youth, Rose (McShane) had caught the gold bug and traveled north to Alaska after he stepped foot off the last ship he sailed. From there, he looked for gold in California, Nevada, and Arizona. Failing the discovery of a life-changing gold mine, he traveled back to San Francisco and began the long risky road of mining stock investments back in early 1930 from the San Francisco Mining Stock Exchange. Having researched the characters, locations, and conditions of the era, it was apparent these were extraordinary circumstances and people. Some have long documented histories and indeed in the case of one man in particular changed the course of Nevada government. Historical narration but the lesson serves as well today. Recommended, sometimes humorous read.
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This is the true story of a man and his mining partner who gets sucked into the world of worthless stocks. They keep getting suckered into buying BS stocks on non-existent mines and lose money hand over fist. They remain honest and true friends. I am so glad I won this book through Goodreads First Reads context.
Thank you GoodReads :) Also, Thank you Stanley McShane for sharing your Dad's story. It was a well written and very entertaining book. I would read it again and will reccommend it to my friends:)
Patrick John Rose was born on board his father’s ship, the Marguerite, off the coast of New York in 1872. Patrick claimed to have sailed for more than 30 years (also as a Captain) and professed to be a “sailor, prospector, miner, cowpoke, and oil worker.” He published one book (Bitter River Ranch in 1936 through Phoenix Press) during his lifetime and wrote many others as well as painted numerous i
Patrick John Rose was born on board his father’s ship, the Marguerite, off the coast of New York in 1872. Patrick claimed to have sailed for more than 30 years (also as a Captain) and professed to be a “sailor, prospector, miner, cowpoke, and oil worker.” He published one book (Bitter River Ranch in 1936 through Phoenix Press) during his lifetime and wrote many others as well as painted numerous illustrations for his manuscripts—many of schooners—one of which purportedly hung in the White House. In addition to Hastings, his books are available in print through Amazon.com and digital download through Amazon.com for Kindle as well as Apple, Barnes & Noble, Nook, and most eReader applications.Posthumous publications are presented through Rose Point Publications @
http://rosepointpublishing.com
and can be found on Etsy @
http://www.etsy.com/shop/RosePointPub...
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