, 1870-08-10
4 Wall Strrct King.

fFVh tht AEE 1ofk EEprt18, lHf- s,
The Wall street kings 1se and fa1l with
great !spsdity. aud the operations Of some OF
these ksugs form moral which the outside
community might profit by. The eventfnl life
OF one Of these kings has been much discussed
the Stock Exchange and in the Coli Room.
4 brief sketch Of this gentleman r.ay provo
interesting to those OF our readers who are
ruEticating, and who are not familiar with the
inside workings Of Wall street since the pres
ent war excitement in Europe, In the early
etsges Of our rebellion gentleman suddenly
appeared upon the Scene OF action III Wall
street. He was \ stranger to many, but not
long stranger in Wall street- He bsauchea
out rapidly, and soon made. h.a aciuencs
be may BE- said to hxve started that stock
On its lofty fight to $50. The next greit ex-
plot Of this genius Was corner in Hudson
River stock, which carried the shares up TO
135. with \ difera ance At one time OF 50 per
the great Chase panic, which carried down
the noted Anthony ". Morse, this great man.
ipu1atos made eharp "corner" il Harlem,
and carried the stock up to es5. 4 great many
pending OF thi, corner the danger OF SELL
ing other peoples property. and it is the gen.
eral impression that the Hon. Daniel Drew
has yi1id recollection OF this fact in the
Aforesaid Harlem 'tcorner." After the Ha1-
lem affair, this Wall street king. the subject
worth several millions Of dollars. This man
was the talk Of the wrole street, and lis sue
cess Was engied BY all who survived the Chase
panic. He retired amid the greatest eckdt-
Time rolled on, and this man could not stand
a quiet and retired life, after passing through
Exchange. He returned to Wall street on,s
more. and was surrounded By ccuriiers in tho
share of commission stuck brokers, almost
without number. He h.d his kealauartess at
4 broket's Office in Droad street, and daiis he
could be seen sitting on his th1one-ths stoop
Of the brokers office. The Goddess Of For-
tune, however. did not emile kindly On this
king when hc returned to bast1ein Wall street
Gradually. but eusely. Lis cath glidcd from him,
and. after severe struggle, he retired from
the second retirement. He passed away un-
wert~ urLnrored, and unsung. No
conrtie-a were there to bid him fare
Woit, arl he passed sway, AZ every
ITS !; Us stock Exchange. Again timo
n !ls.i un- AID suddenly thia man reapPea.ed
il Wall street. He commenced operations in
modest way, and fortune favored mn. He
WAS bull III Wabash, and the 4:ock Suddenly
advanced then he touched New York Central
%anced sharply He Eas now On his feet
again. and On the top wave OF the bull apec.,-
Is, ion on the Stock Exchange he suddealv
changed his tactica, becoming = bear On etocks
sAAA HAA4 VA htAt4 III European W3I 1AFUTEu
him. and tho reader is familiar with the fall in
stocks and the lire in gold, which n.aie asecNd
fo,tpne fc1 the Wall street n,auipulator. The
Wall Ettcet code OF morals for leattcr, U, speci:-
la:icn is mt only strict, but Very queer to ba
u'stuttu1latc aud to lose yosr cash II
to be guilty Of a crime, the run,sl,-
m7n. for which in banisliment fran
tile street: hut to be successful i,
10 be possessed Of all requisite virtues. aud
T. receive the homage u the whole street.
Itit code ef morals il clearly illu~tratea in
thu evensful history Of the ,natlpulator alluded
10 abotc. This Wall strcst kin. is once mora
seated ol, Lis old tLrun:., tho familiar s.u;,
Oh Broad strect. There he eau be seen SIR
rouEded by lis eourtiets from tho Stuck Ex-
change, all anxious to make ! brokerage out
Of bin, aud 10 serre hin, faithfully a. ia his
former prosperous days. It is =eedlees to
mention tue name Of this gentleman, "a III
Interested in this skktc!, will recognize i, i'll.
tha preceding facts. The da,,s frclueuters oi
the Steck Exchange are familiar with .h.. re-
cent Eisc Of this Wall street k,:g, but to the.c
81 our readers Who are e:Iufting tic col
bseezes Ut Long Esancl', or drinking the VA
tets Of SaratoEa+ ne respectfully de.lcate t!li.
little story Of the vicistitutes II Wall street