Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-09-04

names, already printed, Tor so much per
thousand, and for every conceivable OBJ
iect, as the law, the church, the medical
profession, and, in fact, every known de-
partment of business or social life In
which man or wOman's name is likely
to be of any interest to the reader. But
speaking of stock gambling, it is singu-
lar how some women will run strange
risks for money Not long since lady,
who as one of the leaders in fashionable
society, borrowed $500 on $1,000 worth of
diamonds. She invested the money chief
husband of a friend of hers, who acted
as protector of certain worthless
claims, which were actually tloated
and quoted on the Mining Ex-
change. OF course, these quo
tations had no substantial value, but,
like many stocks of the same kind, are
daily bought and sold, and are not infre-
quently forced up to surprisingly high
figure-that is, high considering the
class of stock You can well believe that
the $500 was soon absorbed in brokerage,
margins and loss. Then more money was
borrowed, but by a lucky turn of the
market the lady recovered the greater
part of her money. The anxiety of sus-
pense, however, had so worn her down
that she fell ill, and in moment of re-
morse she cOntided to her husband the
cause of her distress. The valuables were
redeemed, and she received lesson that
she will not readily forget. Another
case is that of a lady who literally
PLEDGED EVERY JEWEL SHE POSSESSED.
Being widow, she had no husbands
wrath to fear. But in her case she re-
deemed her property by effecting mort
gage upon her house. Sums of money,
varying from $50 to $1,000, are lost every
day in the week."
"Have you any reason for supposing
that the pawnbrokers are interested in
these stock gambling concerns?"
Directly, perhaps not; but indirectly
am of opinion that some of them are.
But that is something for your ingenuity
to find out"
1t subsequently transpired during oul
representatives. investigations, that sew
eral retail dry goods men, bitten by the
craze which stock speculation has
reached, are in the habit of pledging
large quantities of goods in order to meet
their financial obligations. In one estab-
lishment in New York, the proprietor,
whom we will call Mr.. Abram, has his
premises mostly filled with dry goods,
gentlemens' furnishings, cases of wines,
demijohns of whisky, plated ware, and
even pianos, the former articles all being
in original, unbroken packages, just as
they came from the wholesale warehouse
They are resolved at all hours, the heavy
kind of cases usually about dusk. And
here may be mentioned, by way of curl
osity,
THE ORIGIN OF THE TERM CUP THE SPOUT
The "spout," as it is technically called, is
a tube which passes through the prem
Uses, by means of which are conveyed
small parcels of goods. The large par
GELS are taken on the hoist,
"What percentage of unredeemed goods
do you have left at the end of the year?''
asked the reporter of the proprietor OF
this concern.
"From twenty to thirty"
"May inquire the relative value you
advance on personal effects?'
"Well, on cheap jewelry, such as anne
IuySI IluSS duO uluC CdIdt SOOQS, w uOA
often lend but little more than the worth
of the metal and stones. On the better
kind about one third; old silver watches,
horizontal movements, from a dollar to
two dollars, but on diamonds, rubies and
emeralds, which we might call staples,
we advance up to IS per cent. of their
value. Lace and antique ware we have
no set price for, people generally prefer
ring to deal with those who make that
kind of thing specially. The business
mightn't suit some people, but since
nearly everybody, at some time or other,
is hard up, why we do the best we can
for them"
"Not forgetting yourselves, of course -
added the reporter.
"Of course not" chuckled the gentle
man, "but then that's understood" and
he laughed with as much gusto as though
he had got off capital joke. 1t is per-
haps not to be wondered at, therefore,
since married business men are in such a
hurry to get rich that they will go out OF
their legitimate sphere to make money,
that their wives should occasionally fol
low their example on their own response
bility.