St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-27
HETTIE's rEN-NILLION HIT,
Mrs. Green's GreaG Louisville i
Nashville Manipulation.

Mistress Hettie Green has been bulling
the stock of the Louisville X Nashville rail-
road. She Is the controlling spirit in this
railroad. She OwnS enough of the stock 10
make her an autOcrat in its affairs.
She put her husband in the board of di-
rectOTs TO see that the other men in the di-
rect0ry did as she wanted them 10. The
husband took 10 specializing and it required
$500. 600 of Mistress Hettie'S reluctantly
surrendered money 10 settle his Wall street
account. Christopher Columbus Baldwin.
the president of the road. opened 4 Specula-
tive account for the benefit of the company
about the same time. The company was
cleaned out. Mistress Hettie delivered a
curtain lecture 10 her husband for losing her
money and letting Christopher Columbus
lose the company. and then began 10 look
after things personally.
There has been n solid 10-point rise in
Louisville X Nashville. and Mistress Hettie
i $1,000. 600 better OF for il. She en-
gineeTed the advance herself. and showed
that She was as good manipulation rs any
man in Wall street. Her plan OF operation
las been a simple but effective one.
When the whole list was going up she
would trust 10 Louisville X Nashville going
up in sympathy with the other stocks.
When stocks were declining she would buy
500 shares of Louisville x Nashville every
eighth down. and thus prevented anything
but fractional declines in the stock. She
did not ask any help from the men in the
market. but executed her deal alone.
She was able 10 do il alone. for she had
the money 10 carry out her movements.
There has been a good deal of conjecture aS
% the amount of Mistress Hettie'S fortune
The best information makes it about
$50 600. 900. 1t l. mostly in securities of a
class good 10 use at any time as collateral
10 borrow money on. Hettie Green can
raise $50. 900. 600 in solid cash among the
banks Of New York any day she wants 10.
Her maiden name was Hettie Robinson and
her father an old New Bedford whaler. left
her -. 600. 600. y deaTly-bel0ved aunt left
her aS much more. She was essentially of
a business turn OF mind and al once started
out 70 add TO her wealth She was prudent
in everything, and in nothing more than in
her dress.
Il Is related that she economized in one
direction by wearing no stockings until
AIr. f. II. Green came sparkling her. when
the romance OF love impelled her 10 don
nose.
Mistress Hettie Is the richest woman in
America. but she does business on the prin-
ciple that she i the poorest and makes every
dollar turn itself aS often rs she knows how.
She keeps Mr.. Green playing whist nova
days. il Is said. aS that it Is the cheapest
occupation she can find for him. She used
10 be the power in Reading. She cOrnered
the stockton an average twice a week. and
she squeezed the shorts IN a way that made
them groan. She Is believer that stocks
are on the up-track. She has bought largely
and is going 10 hold on until the long adj
vance takes place. II IS estimated that she
viii be S10. COO. 600 richer than she now Is.
and possibly SIS. 600. OOO.if the ultimate adj
vance reaches anything like the figure sne
calculates on
She i not interested in bonds 10 any
great extent. The opportunity for money
making in them she does not consider Is
great IA in stocks.