The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-07-28
THE WOMEN WHO GAMBLE.
now THEY SET LBOUT IT, IND nor
FORTUNE TRE.ITS THEM
silk Dresses In WAL street.-The Iittle
Woman in Gray Women Playing Poi-
icy-Thetr Dreams mud Supcrstitions.

Not often nowadays, although in the hush
times many OF tho fair srX took flyer once in
a while. They didn't run much TO stocks in
those dnys. Gold was their lavorite. You re-
member how the premium used To hop NJ and
down. don't YOU We'll, the women wanted
quick ana big profits. and these they could Eet
easier in gold than ia stocks. | believe one
woman at least made fortune out Of the bogus
proclamation. That sent gold up ike II rocket
Whether she had II point or not mover could
find out. / know. though. that she operated
heavily. and was shrewd enough to buy on tho
smallest possible margin"
But there have been women who came down
to Wall street regularly to speculate. have there
not?
"Oh. yes but not many. don't recall moro
than five or six. Our orders come mostly by
mail. or through friends Of the fair operators
Some years ago there WAS II young and pretty
woman who seemed to have plenty % money
considerable shrewdness. and any amount OF
dash and energy. She used TO come down every
morning and stay To- the close II business. max
ing her headquarters with a leading banking
house. At that time Pacific Mail was general
favorite with Spectators and she caught tho
fever. She was a persistent bull. aud hcr in
ability to change sides once IN u while brought
about her financial ruin. | don't know tina; she
she viewed stock speculation as n game Of
chance aud played accordingly She was sue
crssful as long As her iavortc stock was on the
rise. bat when the tide turned she didn't have
sense enough to turn with it. la fact. believe
that obstinncy IL Inherent in the sex and that
she acted Just ~ uinr,y-nine out Of every hun
bred women would have done. Well. Pacific
Mail cleaned her ont in about eight months
and mover saw her again
DO you find among women customers any
Yes. They mostly operate for the rise
Thoy ara always snngulno, and seem To- think
that what they want Will come To pa-a. They
doht study railroad and other speruiations rs
mon do. Whatever they do they do on impulse
Then. again. they are rs superstitous. ns \
rule. as the plantation negroes before the war
They have dreams that guido their sperula-
tions. and somehow their dreams always shape
themselves to suit their peculiar idcns."
There are exceptions to the rule OF
Yes now ana then. Ten years ngo a lady Of
no particular agc-she may have been twenty
eight or iorty-did good deal OF business
through Robinson. Chnse \ Co. and other
brokers. She was Ms keen set alter point as
4 cat is after mouse or Il hungry man after his
dinner and she made heap Of money She
used 90 humOr the market beautifully. ana was
always circulating around the street to pick up
news. Her only fault was that she was too
tlmid. 1 remember once she had point on
Erie-a dead sure thing that man. handling
But she didn't. She was slow. but sure. She
took in .Ouu shares. and WAS conteuted to make
- .WNl on me iutils NiuouEl Slf WIS hHSNTtl
thut the stock was gong ny seven per cent IL
seems 10 mo that she had an object in coming
into Wall street Tar h"yond money making, but
she never gave herself away learned long
alter she disappeared. that she was nm heiress.
ana the story was that she was in love with a
handsome young broker who has since left
h country Tor his country's good Whether
she captured him or not cannot say but GER
tam II D. that. after cnreer 81 nearly two years
in which she had rarely made n mistake. she
quilted Wall street at least 500. 900 richer than
90" entered H. She was a. wary as one oi the
Indians that Howard purrurs tby telegraph
AMI ~ well posted IN the ordinary business Of
hesiurk market a. the general run ofbroScrs.'
How d" You Ind that q lie Of speculation 30
Well. they are notns case hardened as mcn
They can't drop the shop when they 70 home
\ man has u hundred d irrrcnt ways II ANUS
INK himself IN the evening. A woman goes to
her home. and. IL she has nobody To gallant her
TO the theatre or 10 a concert must at there un-
al bedtime Oruoiing over the operations OF tho
tay or conco,tng new schrmcs. or the few
vsmcn who were active in Wal street As apocu,
have kunWnl. there WAS only one that went out
~ the markN n4 fresh and rs young ~ when
She came IN. That was the young lady Just
spoke oL Shr combined philosophy with
.hrrwdnrss aud business knowledge
Don't women become rather ltigious in
." ana glad you reminded me Of that In The
painiy days. bfiOro Jay Good 80 Co. buried
thom- elves under One ruin ul Northern Pacific.
looming uliu favor With the Navy Department,
which subsequently d.~paecd the Earrings ot
London to XIV" tNHm a chance woman np-
lrnrcd iu Wall street with fhe evident intention
~ mnking mooney fast. She wGs NOT particular
shrcwd and long headed. Unfortunately she
was strong bun. and could not swcrVe from
dealer IN BROOKLYN. She madn her hcalluar-
ters at Clcws's Cor while. ana seemed tu sue
coed pretty well; hut before long her natur"
demonstrated ITSELF Whom she nude money
-hr WIS an angel; when she lost sine WIS IL
we'll, she lost her temper 40 well ~ her money.
4 dollar WIS ~ big 10 her rs the driving wheel II
II she had the ghost ~ Il chance she would buy
heavily, and generally she came out ahead.
ruined hcr-was that she sOmotimcs forgot
what her orders Were. On more than one ocru-
sion. whcn She had ordered "A broker 10 Close
cut line Of stocks Tor nor she forgot that She
had given the order. and brought suit Tor the
differences. The result WAS that in q few
months shb hnh run the ghmut o. wal ana
Broad streets. and found nobody willing 70 deal
with her, or 20 keep her nccuun,s No broker
wants u customer tnnt is always going 20 law
i lnteriereA with business. and costs money,
Tho little wuuHn-shc was very small and
used - dress ia gray-nnally Disappeared from
IN" street. leaving behind her sulphurous
" woodruff 4 Clann drew around them a
large female chentage. did they not -
., No. not as iar as know They took the
offices vacated by Grey. the iorger. who is now
IN prison. und began = business That was us
ilnctlyely masculine. believe old Commodore
Vanderbilt gave them some orders, and UnclU
Dan Drew. then magnate. WAS KIND To them.
As 10 their female clientag" | know very little.
they ala nave u few orders from women, but
these were light IN amount aud did not 20 far
toward laying expenses. Miss Tonne Clan n
wa7 one uf the boldcst women spectators |
over SAW, hut She always wanted point To
work ON. she knew most of the blk men oi tho
street, and believe she WAS posted on nloyr-
mrnts OF tho market Oitencr than any woman
that ever came INTO thr street she WAS AZ
sharp as Il steel trap. and never needed n SEQ
und mini. just Intimate a tulng 10 her and sine
was wide awHac. II She had had money she
would have made fortune
Have YOU found that women like mon, gem
n
Yes. Little fish can't swim with big ones
down here. remember u nice Old lady that gOt
bitten WIN the stock mania Just before thn
panic Of 1873. She came down here rich, and
retired poor. She dropped al least s30upp IN
one or two operations, but kept ON bravery 10
the last Shc WAS a strunR lull. In the rise
last year several women made % good deal of
money not he.musc they knew anything about
the future %. stocks, but because they Wcro con-
sttutional bulls H0tchklss Burnham had
srv raj lnIy customers. one OF WnOm Operated
boldly and hraylly.'
White women have made and lost money in
Wall street and II must Ice remembered that
the proportion who have made money is about
one IN trn-thnrn H. another class that haVo
taken up with u gambling excitement that is
quite 10 exciting and on the whole. about rs
profitable ~ that ~ tho stock market These
are the lottery and policy payers. They are
more numerous than Is generally supposed.
The main lottery is the Havana. and to this
thousands OF women ilo,k al almost every
drawlus.. Wal street ticket seller who has