The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-29
A Great Financial Coup, in Which Vanderbilt
Appears as the Principal Figure, Jay
Gould Being Left on the Outside.
Stage Reforms Which Excessive Use of
Whisky Suggested to Joe Emmett.
lsautiful and Wealthy Society Debutantes-
New ficiousness at the Silver Grill-A
Ghost Story Spoiled by Investigation.
THE VANDERBILT CLIQUE.

The Money They Have Cleared by Recent Ma
nipulations Of Stocks.
Special to the Indianapolis Journal
NEW YORK, Nov. 2S.-Wall street men are
figuring up the gains Of those who were lucky or
wise enough to get on the right side Of the boom.
William FL. Vanderbilt is surely the chief Of
them. By buying up New York Central stock
at the depressed prices, and then bringing about
an end to the railroad war; he nearly. if not
quite, regained the millions that he had lost
Tasker a. Marvin, who made the purchases for
Vanderbilt, cleared not less than half million
On his own account It was absolutely neces-
sary to trust some unsupported man with this
big Job, and Tasker was chosen on account of
his having been several years out Of the street
Winslow, Lanier & Co., being connected with
the secret through the negotiation Of the West
Shore purchase, got an amount estimated at q
Jnillion. Baron W9rshoffer operated heavily on
his own bent, and accumulated million or
ever. Jim Kaene is richer by four or five hun
dred thousand. The gains to the brokers in
general is immense in the aggregate. Their
commissions were, on some days, greater thar
had previously been known in the history Of
Wall street. Addison Cammack is believed to
have hit fortune.
Although Jay. Gould was not permitted to
enter the Vanderbilt clique he has, nevertheless,
taken care of his own specialties, particularly
the Southwestern system and the Western
Union. It is curious fact that Goulds Office
has been apparently bearish, notably on Western
Union, Notwithstanding that it's price has ad-
vsnced to point which represents a profit to
nF f,.lIv Sc o;, In
vestment In it and the absorbed American
Union After struggling for nearly three years
to advance the stock against declining market.
there ia little doubt that he has taken advantage
Of the present boom to unload a large part of his
Western Union burden. 1t is the drift Of his
present purpose, however, to depress Its price in
order that he may buy back at lower rates.
Philip D. Armour certainly realized on very
large part OF his block of st. Paul, and his gains
are immense. His chief lieutenants in
this city, H. Victor Newcomb, and
Green 8 Bateman, have profted heavily by
his clientage, the former by auxiliary invest
ments and the latter by large commissions.
Newcomb, whose hair is now turning gray. was
not many years ago known as the boy president
Of the Louisville & Nashville. Later he was not
conspicuous in Wall strees, until now he has
cleared half million In st. Paul. Henry
Clews who long since ceased to speculate him
self, and devotes himself to the legitimate COM
mission business, has made upwards Of million
in commissions on stock, grain and oil. In one
day he reported transactions in stocks alone of
nearly fifty thousand shares. which represented
to HIM six thousand dollars without risk. The
brokers who sold their yachts ana horses are
buying again. Giovanni Morosini and Washing
ton e. Conner are about the only unhappy men
IN Wall street, aside from the bankrupts, who
with their followers, are willing to admit that
life Is pretty brief and has its little drawbacks.