The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-06-28

This is certainly not exorbitant keeping in
view that the hotel can be run only Ave months
in tho year. and that provision is always to be
made for the maximum OF possible guests.
whether they como or not. STILL II the proprle-
tors OF the Manhattan Beach Hotel want to make
asuccess OF II. they must pay moro attention to
the modus operandi Of their kitchen and have
the prices Of the bill OF fare properly revised.
Now about the whitebait. To begin with. Is II
whitebait. or is ii not1 Ono Of our party main
tanned that II was mere small fry OF all kinds.
majority OF two decided that II was whitehall.
but American whitehall. little larger than the
English. and not quito "a fine in taste. 1t must
be borne in mind that In England. too. white
bait Is not always whitehall. All sorts Of little
fishes aro mixed together under this denomina-
ton. Only few houses like the Ship and tho
Trafalgar. at Greenwich make II n point 10 Sc
lect the fish. and reject everything which is not
thoroughbred. The maner in which whitehall
is served makes 1t very difficult 10 distinguish
the genuine article from the adulterated. Pro-
vided the majority OF the fish is whitehall. tho
whole dish obtains the same taste.
There is also some difference In the cooking
Of the savory fish here and In England. 1t IL
quite az crisp here. but II is much more Drowned.
The whitehall rs served In England is OF a
grayish white. Here It is OF the hue OF fried
smets. Not having inquired into the matter.
would not dare TO express any opinion about ii
but member Of our party. who knows every
thing about everything. asserted that this diff
ference in color is caused by the use OF oil In
England and OF lard here.
The sweetsh inspid Boston bread served
with this fish at the Manhattan Beach Hotel is
not the right thing at all. The thin butterod
slices OF brown bread made a delicious COM
binaton with this fish 4; but the English bread
is quite different: 1t Is made Of oatmeal aud rye.
| believe.
My two companions being both stock brokers.
the talk about small fry in general naturally led
to the Wall street species Of the same fish. and a
very instructive story was then told OF the way
ia which Jay Gould recently distributed q
considerable block Of his Union Pacific stock.
Some time ago. whcnthe stock was ruling 70-72.
he caused some OF his vassals to bull It, The
talk was very big and So was promised within
sixty days. A mass Of Jay Gould'5 puts. is
sued at one and two per cent below the market.
seemed 10 confirm the anticipation. The small
fry. always afraid TO deal in this stock. thought
magnificent chance was given here TO buy the
stock under the protection OF tho puts" SO
thcy took the bait bought the puts. and the
stock against them. Jay Gould was. Of
course. all the time a seller. and to-day the
stock is below Gj. Tho narrator considered
himself very lucky 10 have lost only sIOO on q
transaction Of 100 shares.
There is nothing new In this trick" o'serv-
ed the other companion. Russell Sage did the
same thing in Pacific Mail soma time ago. lie
had some 10000 shares Of it and wanted to sell
them. So he began TO talk big and high. and to
sell puts dirt cheap. The lowest possible future
price was 40 Everybody bought the puts and
the stock against them. The price was then
about 222i; il Is about IA now He got out OF
me twice as much as Gould out Of YOU"
The Renaissance Of these little transactions
was apparently still quite vivid in the mind OF
my small fry friends for they unceremoniously
declared Gould and Sage 10 be " the two bigges
scamps" in the street. ! tried to demonstrate
to them that what they complained Of was more
smartncss, not thieyerY; but all my arguments
/ usara without avail