Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-04-04
the STOCK INDICATOR.
Carious scenes u . Brokers' once
Lager spseuisssrs ssd Cesi
Old Gambler.

In the offices Of the stock dealers Of
Virginia there may now bs seen Q little.
crooked. spidsr.liks instrument, made
OF brass and iron and kept in . glass
case.
Iii the stock indicator.
This machine Is connected BY the
tslegraphic wires directly with the room
Of the Stock Exchange In San Francisco.
and the transactions Of that Board are
transmitted by those wires Immediately
upon their oonsummatlon, 80 that the
people Of Virginia may know the rul.
ing prices o. soon % the brokers on
California and Pine streets.
To the careful student OF human
nature On interesting field Ia opened In
the vicinity OF the stock indicators.
The feelings and faces OF the majority
Of operators Huctuats with the market.
| When stocks are booming everything ID
bright, and the growing capitalist, whose
property increases In value 10 or 20 Per
cent. with every tick OF the machine.
Q~rsciously foreives himself for stepping
on your toes in his sagsrnsss 70 SEQ
the first quotations.
There arc, however. some cool opera
tors. They arc OF that deliberate, clear.
headed class, who are never In . hurry
who seem to be doing nothing. but who,
when the time comes, are ready to drop
onto a point like q spider onto Q fiy.
They do not wsakenths i forces by tack
ling every wild cat that shows itself with
q fictitious capital OF ten OF twenty mil
lions on finely printed parchment. They
rather lay back and accept the good
things that are offered them. When
they are on the inside. and know that q
ten.csnt stock Is TO DO forced up To
twenty cents, their celebrity Of motion Ia
remarkable. Better than all. they lose
no time in getting out when the time
comes.
But the true stock gambler. the man
who goes into the game With all his
soul, Is eIcitabls and enthusiastic. He
buys and sells by inspiration. He ID
generally a bull, but when changed to
q bear, nothing can equal his savage
~onslaughts. He can knock the bottom
out Of o mine with u stroke Of bis
hand and paralyzs the r~eassuring In
fiuence OF Q 50 dividend with q single
syllable. Measurings, estimates and as
ssys are to him cobwsbs that are
brushed away by vehement assertions
that the vein has pinohed and the mine
has petered. No arguments can pierce
his mail Of scorn. He knows what be
is talking about. and that settles Il.
There il also the silent, morose spec
ulator, who never knows anything and
never says anything. You may see him
carefully scanning the list, once In q
while making q careful entry In bis
diary, or talking mysteriously with the
broker. But as for buying or selling q
share Of stock, nobody ever saw him do
II. He never admits to having made .
cleanup or to having been cinched on q
deal. Whether stocks are up or down,
Il IL seemingly all the same to him.
On tho Comstock there are q great
many women who are professional oper.
ators, and their transactions very much
resemble those OF their brothers, hus.
bands and fathers. When they do get
In they gamble with q reckless despera-
ton that Ia perfectly appalling. and II
unsuccessful bear their losses with q
stole philosophy that would be credita-
BILE TO many OF the sterner sex.