, 1882-10-14
Women - speeniasors.

Women - SpeculoSofS-
From the New York Times One OF
the best known women IN this country Is a
heavy aad successful lopera.orinWalistreet.
And she is not>the only woman who puts
up margins and takes the risk of their be-
ing wiped out in the tickle, fl1ctuating
course " the market Seized with the
mania (kich has made and uninade many
men, women are plunging into the vortex
of speculation There are more places
than one would imagine in New York
where women can consult the 'tape' anu
give their "orders" places that were es-
tablished for their exclusive accommoda-
tion, and where the sterner sex are no.
expected TO intrude. There are ''bucket
shops" as they are called, for female
dealers, toO-places where no actual
transactions are made, but where money
changes hands on the quotations without
making purchases The offices intended
for the patronage Of ladies are up town.
There are ''bucket shops" III Twenty
fourth street, but "bucket shops only
thrive among a certain class Ladies Of
refinement who have money to invest,
prefere TO place it where they can venture
without fear of exciting adverse comment.
Thus it is that behind the walls of staid
and stately brown stone front IN fash
ionable neishborhood the busy ticker jots
down the quotations, and ladies who like
to chance their advances can watch the
course Of the market without any one be-
ing the wiser of it. Notwithstanding the
fact that the people who conduct the bet
ter class of offices do not advertise, they
do large and profitable business. Their
customers prefer absolute privacy, and
they trust to their patrons to
INCREASE THEIR OPERATIONS.
Half dozen wires run from the net
work strung ON the Western Union Tele-
graph Company's poles in Sixth avenue
over the roof and down into the back par
lor of the house, No. AZ West Thirty-sev
enth street. The house is like the others
in the row. 1t is brown stcne front
with modestly curtained windows There
is an iron balcony in front. Green ivy
climbs up the heavy blustrade leading to
the entrance and entwines itself in She
iron work of the balcony. The present
occupants have been in the house only 4
short time, and it is within the past few
weeks that the wires have been put up.
We're it not for the wires, which are dis
creetly trained Ike honeysuckles up the
back Of the house, no one would take it
for anything but private residence, and
as for that matter, the casual observer
would even now take it for nothing else.
| But the wires have thrown the neighbOr-
hood into ferment. They have wonder
ed what their purpose was, and time has
not only increased their curiosity, but
excited their suspicious as well They
have not made bold to 90 TO the house
and find out, and have consequently lived
in state Of perplexity. The people In
! the neIshborhood even went so far as to
seek The owners OF the property, but they,
too, were light on the mystery. y re-
porter called at the house one day lately
to solve the mystery. A woman answered
the bell, and the caller was shown int
the front parlor. The door OF the back
parlor was partly open, and through il
came the sound Of ''ticker," such as are
seen in the Offices Of brokers to register
stock quotations There was telephone
and messenger. There was desk neal
the ticker, at which sat young woman
and there was something of al AIR Of busi
ness about the room The front parl0i
was handsomely furnished; fine engrav.
ings hung OH the wall, and grand piano
stood IN one corner Near the front
windows was large desk with rolling
top, which Vas closed The woman who
admitted the caller vas middle-aged
person with blonde hair She wore glass,
es and a light cll-fitting dress, and was
brisk III her airs She explained that the
ticker WAS put III for her own use 81
have dealt in stocks for ten years, she
said ''lf ladies want me to buy stocks
for them will do 50. require All al,
vance Of 10 per cent, and will buy no
less than 100 shares. | charge one-eighth
to buy and one eight to sell. | defy you
to find any lady who has lost money il
deals with me. If any one has have yeI
to know it You can see what kind of q
business do" and she exhibited receipts
for purchases through well known house
down town, which were made out t.
Mrs G. T. Morse. "As | said, | viii
take no orders for less than l0t
shares. | charge 10 per cent so that
if the stock goes down a point or two oI
three the margin will not be wiped ont
Here is an advertisement of what i:
known as bucket shop" she went on
pointing to an advertisement in the morn
ing paper. ''Do you suppose legitimate
business is done on a margin Of 2 to 8 pei
cent No, indeed; that is simply gam
bling. No stock is bought or sold. | dc
no advertising, and / want no puff in the
newspapers. If the neighbors want Il
find ont about the wires, why didn't they
come in and ask about them. | have leas-
ed the house for three years, and have a
right to put in as many wires as | like.
The woman asked the persons at the
ticker how certain stock stood, and the
reply in a pronounced French accent
came back, ''G3}, Madam"
Hasn't it reached 65 yet I"
''No, Madam