Savannah morning news. [volume] (Savannah) 1868-1887, 1882-01-10

The Philadelphia Sunday 7FansoYSg
publishes an article under the aboV
caption which contains a great deal q
sense as well as slang. The conclusio
that {" stock venturiBg' is UNQUALIFIED
the most fascinating and deceptive gam
known to the civilized world, will b
indorsed by hundreds who have take
flyer" on the street The worst Of th
matter is that foolish young men ar
tempted by the promise Of profits to risl
money that does not belong to theT
and when failure and disappointing
come, as come they will to nine ou.
every ten of these financial fledgs'
lasting disgrace is also likely ~
pear in their train. The a.
script points its moral 1 80
story of a shrewd busiy 60. "a.
who had long been content Y osii;n- %
but slow gains at his legitig Lna- ~a.-. =
But che met friend whoV 49, vbo
be very knowing cove oa.nta % a. -
always rubbed out eight S;,-aS - 80 .-a
on reliability, man Y ,on,,Ss ur,U ~
down into the bas men s1.- --... -l-e.S
and purposes, aud, feloiJ.s' ,;J.o AIan u;a
s.Sa.lI solI1 ilstening hs5 70 I'm. He told him,
| eftor he bod d-6o+oAim away over in a
ia.ai,- ,r1t ~ o La. 81 might not be over.
biUa3 baa-3 49, tIat - "19'nd y. 7. was good
for tan ~ no;,ts 80 and perhaps thirty.
Ca+ ~ - d,1;oi, py,I ., don't give it away
| o. a - \ 80, 60 who had never looked
~, ~, tha a,o~els it oozsd, began to eye
:, f,Y.l 80 -; :; oSless sort of way, to be
go hTt eyed it all the same.
He had : particular interest; ne
merely v1ted to see how near
rjgbt ri bic lowing friend. the deep diver,
tEes Two daYs watching he learned
tbot o3' p J. and X Y had slipped up five
JoIlor' He began to think seriously of
the biness. BY jimmy thought he,
Il M nt have made great pile of money
fo- hristmas The old boy was right.
Tbold boy always is right He knows
1T he talks about That settled it.
ne next Il ornlng before eleven o'clock
{ had bought of Grabem, Pinch 81
bqueezem five hundred shares of r. ID.
and Y Y. on a margin Of s.. .OOO He
sold out two days later with a profit Of
50 600. Two thousand dollars in two
daysl A thousand dollars q day The
man was a sight You would have
known him for a successful man any
where He walked the streets, when he
c)uld spare himself from the ticker,
with the air of q man of keen discern
mint and fellow who was up to snuff.
The store was too hum-drum for him
nov, and he didn't bother with it much.
He Lad a better game. His whole make
up seemed to say: I've struck puddin.
He ware his thumbs in the armholes Of
his vea; he seemed to look down upon
his old companions; he talked loudly
about 17s and 14s and whole points, and
now an0 then dropped something about
people who acked nerve, or some men
prefer drldgery; I don't want any in
mine. THIS old friend Of ours, of course,
grew to be a plunger. He went into
stock venturing' as a wholesale business.
His fancy painted brown stone houses,
and horses and carriages, and big times
galore. He has not get them yet
after a few weeks Of the business
you could gauge him as easily as you
can a barrel of spirits, When he was
winner he wore his hat rakishly acOck;
when loser he wore it evenly balanced,
in fact, straight At first he wore it
acock right along. Then the straight
and then it became very frequent, and
finally it got on 50 straight that it slipped
down over his ears and was never acock
afterward. He always bought on tips,
did our friend, aud he had them from
many sources. The deep-diver and
knowing cove above mentioned; the
telegrsphist who caught a point as it
fitted along the wire; the private secre-
tary who overheard his employer laying
out a big deal, and innumerable other
and equally reliable ways-all guaran-
teed to cure financial ills, because the
tips were all genuine, as might be seen
by the doctors name bloWed on the
bottle.
"And, like most of the medicines that
are announced as cure-alls, they only
served to get our dear old friend into
deeper and further trouble, until at last
he made q bold resolve to close out,
pocket his losses and attend to what he
was familiar with-his own business.
But the broker, ah where was be2 Does
he lose much2 Did he, when money
became tight, worry much or lose any
sleep through his customers trOuble9
Not great deal. He was seen buying
bric-s-bac; he added another horse to his
stable. and his wife bays when she listeth
and what pleeseth her fancy. The
broker will always be found ready for
business at the old stand giving freely Of
advice; but our friend-we rejoice when
we say twill deal no more ID ANYTHING
that fattens others and impOYerishes
him