Morning journal and courier., 1883-02-03
Ladies in Wall Street.

correspondent of the Chicago Tribune writing from New York city says: I ques- toned the secretary of the stock exchange about ladies in and around Wall street
 ''Yes," he said, ''there good many-more by far than there used to be- But they do not stay long. One loses all her money and retires in tears, to be succeeded by two more flushed with enthusiasm, and ready to risk all. We have had ladies apply here for mem bership, and offer to plank down $35, GOO for 8 ticket. But what would lady do in cage of wild animals? We couldn't have it. So they are obliged to content themselves with coming to the door and doing their busi- ness through brokers But they generally lose everything before they leave. I have known exceptions, of course; oh, yes. One woman l have in mind who made $100,000, and more too, in speculation here in one season, and then had the good sense and pluck to retire on tito quit and risk no more. She was rare bird, though, a very rare bird"
 Rufus Hatch said No woman ought to come down here unless she makes up her mind in advance to lose, and she ought to put in as much as she is willing to lose Then if she makes anything she can pass it to the account of her sagacity. But most of them come down, and instead of going light on some conservative line, they rush in reckless ly and get scooped. believe in fair play for women, but when a woman comes into Wall BLF6SE sue uAU D0Jt6T bLdy tt AUu0 anu Bcuu her brother. And just before he leaves home she had better say: Charley take your own money instead of mine.' "
 Another equally well known broker said: Don't you mention my name, for have customers of all sexes-meD, women, mascu- line wemen and womenish men-but I think nk ladies in Wall street are a nuisance. Whom they come to invest their money they 8re courageous and express themselves willing to take any chances but when they lose 9hey totally lack nerve and go to pieces. YOnly last month put up $1, 900 in margins for lady on an Ohio road. We'll, it went dowfn, she couldn't hold it, and her thousand wa8 har- vested by somebody else When shh came to see about it she was paralyzed with grief and astonishment. It was all the money she had. She 'squealed,' as they sak in the street. She begged and cried ike/ child, and I actually divided the loss with her, like a fool. She took the $500 of and lost it man here couple of years ag6 that made money No man on the street could get ahead of her. She had nervef and the men became afraid to deal with Ber. Her name was Mrs. Brough, think }She is in State prison now for forgery"
 James R. Keene, whose horses have aston ished Great Britain, and whose corners have Jay Gould laughed and said Brokers don't like ladies for their custom CTS. If lady leaves her money with bro- ker and loses it, shss is very likely to take ad- vantage of the immunity of her sex and inform him that he has got it himself, and that he is a liar and thief Some brokers are so unreasonable as not to like this treat ment"
 'Have woghen special disqualifcations for speculatipg 2S' I asked.
 ''Yes, undoubtedly For instance. the very quality of trustfulness that makes her faithful friend, an afectionate sister and good wife. She can be easily imposed on by any good looking man who is 8 plausible talker5 and made to invest in any wildcat scheEne. She is handicapped. too, by not being able to run around the street and talk to everybody, so her sources of information are meagre It is very difficult to get wo- man to sell on rising market or buy on a falling market. If she holds some stock that goes up to 1O5 she doesn't see why it shouldn't go up to 1000. She is troubled with intuition, too. She comes and brags of her munitions that are so much better than mems weak judgment and experience, and tells how her munitions never mislead her, and then she brings her intuition to bear on the Denver and Rio Grande, on the Chicago, Burlington and Quincy, and gets left. Most of the women who bring their money into the street leave it here"