The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-11
WOMEN WHO SPECULATE.
Hundreds of the Center Sex Who Are in d
Hurry to Get Rich.

Hundreds OF the Gentler Sex Who Are In D
Hurry to Get Rich.
New York Mail and Express.
From facts gathered by reporter it appears
that the brokers doing business within the sound
of Trnity's chimes, do not have a monopoly of
the stock trading business, nor is the indulgence
In its attending excitement strictly masculine.
Women are giving the men good race. That
women speculate has long been recognized
fact admitted with much reluctance, it is true,
but nevertheless not denied. That they are not
less we'll provided with places means and oppor-
tunitles for indulging their fancies than the
stcrner sex is not so generally believed,
but 1t appears it is none the less true The
stock market the turf, the diamond field
the billiard hall, the ocean steamer, the white.
winged yacht and cutter all have been made the
medium by them for speculation and wagers.
Like the men, women really have their organiza-
tons for the PRONUNCIATION and dissemination Of
schemes of this kind. 1t is said that certain
broker uptown has book containing the names
of more than one hundred ladies for whom he
acts in the matter of puts and calls" AS Gus
toners they give him very much more trouble
than men, but to Offset this they pay much
more liberal percentage Not far from Madison
square, it is claimed, there is young woman
Canadian who does thriving business in writ
ing mortgage blanks" that are in reality nothing
more or less than policy slips such as Harrigan
has made famous in his song of ALA In
fashionable district uptown, it is alleged, there
is another Office. also presided over by woman,
where women 60 to get "tips" on noted turf
events. and oftentmes make books among them
selves.
''That women speculate and do not stop at or
binary ventures know to be fact" said
prominent banker, when approached on the sub
ject but they usually employ men to do their
work. You see, they cannot operate in person
because of the prejudice of their own SEX but
they can study, and scheme and direct and this
is what they do. The cases in this city where
brokers carry heavy lines of stock under their
own names which really belong to their
ali. 1ko not EarT II knn
women however do not live in New York.
Bless your heart, they represent every county
in the State and for all l know, every city and
town They are usually women who have in
herited property, wards Of indulgent guardians
or women who have seen the world BY this
mean women who have travelled and learned Of
the wonderful achievements in the stock line OF
some noted foreigner, titled or untitled, and de-
sire to cutShine them"
And are they successfulF
GAS a rule yes. Women have very keen
appreciation of the perhaps Then again, they
are content with small margin Of profit. And,
finally, they seldom play like for four
time winner, as it were, or press the limit. If a
purchase of to-day shows gain, they are con-
tent to pocket that gain, rather than wait for
another advance tomorrow, which advance is
not always sure to come"
"But if they lose2"
"The lose as little as possible by getting clear
of their stock as soon as they see it is going
trary to the way they want it to CO. They are
very philosophical and cautious, are these same
women. But all the women who are represented
on the street and in the exchanges are not
monied parties by long odds"
"No9n
"Far from it. Many woman sends her last
$40 to put up her margin when the day shall be-
GIN"
Il should not think broker would bother
with business so small"
"The brokers in these cases are usually the
woman's brother, sweetheart or cousin She
" Few a Of "a o;u
them to her agent, who in turn gives them to
some small broker, and very often the misery
little sum of the morning is quite a respectable
bank account by night / remember an instance
where a young woman came to New York to at
tend lectures at the Womens Medical College.
She found living, tuition and other expenses so
very much more than she had expected that she
was not willing to commence her work until she
had realized sufficient money to see her through
her studies. Listening to the advice of male
cousin, she sent $50 by him to put up as margin
on oil. That $50, in a weeks time, brought her
back nearly 81, 000."
''All women, however, are not SO successful"
II should say not. There are thousands Of
dollars swallowed up in margins every day, that
represent many young womans pin money for
month. Women are natural-born gamblers.
They take to gift enterprises lotteries, specula-
ton and betting duck does to water. If you
want good proof of it 60 any day to these large
tea stores where the proprietor gives away
piece OF crockery, or a silver plated spoon with
every pound of tea. You will find women COM
ing there to buy from districts miles away.
They really spend more in car fare and time
than the gift is worth, besides getting an infe-
rior grade intheir purchase. The proprietor,
however. knows their weakness and profits ac-
cordingly."
Are there any female brokers in business in
New York;"
None that know Of Men brokers. however,
have their female aides-women like Vic Wood
hull and Tennie Clafin-and these women are
powerful allies can tell YOU
What is their method of operatingF
at depends upon circumstances. AS a rule,
they seek the confidence of recently-be-
reaved widow-one bear in mind who has not
been left moneyless Then they proceed to ad.
wise her against trusting the wicked men in mat
tiers of business, invariably winding up by re-
commencing their banker or broker as the man
above all others to look after her affairs The
same plan is followed with young girls who sue
coed to legacies or young women from the coun-
try who come to the city looking for safe invest
ments for their savings"
LAS class what women do you think have
the greatest use for broker"
Actresses. There is hardly an actress in
America to-day, that is of any note, that does
not dabble more or less in stocks. The reason
for this is, suppose, That no class of men be-
come more intimate with ladies in the theatrical
profession than the banker and the broker.
Confidence, OF course. begets confidence and in
a short time the actress has made the plunge
into the financial maelstrom. There is an up
town firm of brokers whose business is almost
entirely made up of orders from prominent
actresses. Mrs Langtry, Lolita. Maggie Mitch
ell, Rose Coghlan, Modjeska. Mary Anderson, !.
Fanny Davenport. and others of equal fame all
have nice little bundle of goodpaying stocks,
and, as rule, are ready to buy more"
-n>
One of Judic's French Dresses.
New York letter.