Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1869-11-25
ssJOlln Paul" on Wall. Street Oucratlons.

'John Paul, the humorous New York
correspondent OF the Springfield Republi-
can, uarratcs his experincc with the Wall
street brokers wien he stepped down
among them after the Friduys battle to see
what he could pick up:
"What do you want of us" would be
asked rs entered the Office.
ITO buy some stocks for me-"
'Have I any money? Do 1 look like
person Of that charac.tr? If had. do you
think I'd come down here with it?"
''Then we can't do anything for you:
''Cant CHI? What's to hinder your buy
ing me any stock that looks likely to go up
twenty or thirty per cent. at the lowest.
letting it 60 <up, selling it at the highest,
taking out what it cost and ysur commits
sions, and giving me the balance! don't
| ask you TO give me any money beforehand,
| and you make your commissions and have
the fun of doing the business in any event"
None OF them saw tho profit that must
result to them from this thing, which
| simply shows that they are not business
men. There's not q weman who reads this
article but can see with half an eye-unless
she has wall, or Wall-street eye-that
they're sure to make commissions if The
stock goes up, and have it on hand for COL
lhaekAA IL IL 6QeS uOWu!
Zone of these persons-when wish to
be particularly severe on q man always
| speak of him as a person-called to me as
was going out of the door, and said. "Are
you James Fisk, Jr. p
mo-" replied, "why do you ask ?"
| 'Oh," explained he, Il thought that no
one else in the city could have that amount
CT cheek"
have since tloughJ that he might have
meant chic, which is French for style.
However, Notwithstanding their combi-
nation TO crush me. they cannot prevent
me from operating: This Is The way TO do it.
When see stock which think is going
up. l enter the price down in q book, and
the number of shares would probably buy.
If 1t goes up can calculate the profit I
should have to q nicely. If it goes down,
can calculate the saving I have effected
by not buying, go you see I have sure
thing either way. Putting both sides to-
gether, I find that make and save about
81, OO0. coo week:
This is much better than doing business
on 'marlgin." Imagine ms al "ri1ulet
of text meandering through a meadow Of
margin"
b the way. it is stated that lucille
Western and Pauline Markham were down
in the street on Friday, driven In close
carriage, and people were wondering what
they were doing there. It seems to me
fair to suppose that Lucille vas looking
after the Western stocks. while Pauline,
being one of the bares of the period, pro-
badly went down IT, keep the clique in
oountenance. She's been "short," so far
as skirts are concerned) evef: since she's
been id the country. ,'f -
II was supposed that the clergymen, Sun.
day, would Are il Elatoeps 81 tnss' {ain and
folly of "sheeplatidn, but they didn't. Il
may be that not . few of them took turn
in the street. During my Investigations,
on Saturday, I thought / saw the Elder
Tying trying toget put" on Daniel Drew,
but may be mistaken.-it may have heer.
Vanderbilt, Rev. NJ. .Tinkler preached
froma,e very dtProP1iaatte te&t Though thse
sermon had nothing tQ d. with tie late
colneF in gold and decline in the stocks;
"RQy the truth and sell it not" My eye,
though. won't they 60 'tshort" of it in Wall
! street! 1t seems t: C me that an ingenious
clergyman might have made q very inter
esting disepurpe froAs that little episode
in the life OF Elijah, Or at least dawn
clever parallel, comparing gold to tht
Baldhead, and the bulls to the boya: VIC
en- e,ied :. .'Go up" unit at last the bears COB