One Thousand Ways to Make Money by Page Fox

944. THE AMERICAN TOBACCO COMPANY.--One of the most vacillating stocks

lately has been that of the American Tobacco Company. In January of the current year--1898--Mr. J. R. Keene purchased 80,000 shares at $90. September 26th, fearing the market was about to decline, he began to sell, and in two days had completely unloaded at figures ranging at $145 to $139. He cleared about $1,500,000 in the two days.