Savannah morning news. [volume] (Savannah) 1868-1887, 1885-10-17
-.,rrs HOMES Vas No FOOL.
0.eared 5000. 900 by NOdding Kindly
"a His Brothers Friends.

~oioO into the speculative markets."
eS5seryed veteran Produce Exchange
,-oror the other day. sometimes he
~, u and when he does he sometimes has
sonse enough to let 1t alone in the future
prt This is rarely true.
"A good many years ago-never mlnd
.or rany-I was a broker on the Chicago
Tgo Of Trade. One day there came to
~. 80, oitv \ tall, red-headed man from Min
'ue to He looked like a well-to-do tarm-
ie b,,t he talked like a thoroughbred Op-
q tor He was business from the roots
q s ~ hair to the toes OF his boots. He
ol me- that he was part owner in about
w ~, rroin elevators along the line OF a
~, Minnesota railroad. The wheat crop In
.aat section Of the State was a dead rail-
.-o mat wear, and his chances or busi-
moss we're very slim.
81 talked with my partner said he,
..rd we made up our minds that we
an'idn,t come within $4,000 OF paying
o5ocnses. We didn't want to let go,
e.tN11gh because we had invested all our
,-or6v in the elevators, and if we didn't
laorate them and pay the railroad COM
wv certain sum of money we would
{ r. onr capital. We have just $50 900
nosb. Pve got it with me, and we con-
Tnded il would be well for me to come
AVN mere and make more or lose it all.
patber risky? Yes, but we will fail any
Tey if we don't do something"
~NEhat do YOU want to dOW
oI want to put that in wheat or corn,
rdon't know which now, and / want you
10 handle it,
~ was willing, and so we soon came to
farms. He waited around for a couple Of
months without risking a dollar. The
MARKETS we're quiet, and there was little
chance TO make any large sums ofmOney.
Tben he cot tired Of watching my
s%lres. so one day he asked me
now much 4 seat on the Board was
~ told him, and the next day he had
bonrht one for himself. 1t cost him less
man S3 600, and he could easily save that
In commissions in one week after he be-
gsn operating. Well, things drifted along
for month or so longer, until finally some
Milwaukee spectators, taking advantage
of the failure of the wheat crop, attempt
ed TO corner that cereal. The Minnesota
man, who was about thTee-quarters ears,
heard all aboutit, and GOT in on the ground
floor. When the deal was over he had
S350000 in cold cash.
sine next week be sold his seat and
dav. He is the President of that railroad
now. thoug",
Another instance of good fortune"
continued the broker, occurred In this
city five or six years ago. There are two
men whom IN cali Jones, because that
sounds something like their name. One
was John Jones and the other James.
They were twin brothers, and looked so
much alike their wives could hardly tell
them apart. For some strange reason
they dressed exactly alike, too, and /
would wager $40 against a brass button
that YOU couldn't tell which was which
if YOU saw them standing side by SIDE.
Why. when a man who had been drinking
saw them together he would generally
think he saw double. They were as much
alike as that. John was petroleum bro
ker and James was an insurance agent.
Both lived in New York. Every once in
while James would 20 down to the EX-
change to see his brother, and in that way
meet a good many business men, none of
whom ever knew him afterwaTd from
ais brother, the petroleum broker. One
day the market was going up like a rock
eJ, when James came into the pit looking
for his brother, who didn't happen to be
in at that moment This. remember, was
in the good old times in oil when the mar
ket used to break loose once in a while
like a freshet.
james stood around a minute or two
waiting for John to come in, when he no.
ticed a man on the other side of the pit
he had been introduced to. He nodded to
aim, ana the man yelled something back
to him, out the noise and confusion was
so great he couldn't understand what he
said. So James smiled pleasantly and
nodded bis head IN reply. Then another
man yelled something at MIN and
James nodded again. Then a lot Of
other brokers began yelling to him,
and be kept nodding like the head
Of a little Japanese idol until his neck
ached.
He thought they mistook him for his
brother, and wondered what John had
zone to make himself so extremely pOpu-
lar, but before he had made up his mind
ABOUT the matter the market changed and
began to drop like hail in February. The
crowd grew frantic, and the noise in
creased 10 bedlam; then the bottom was
side
nile James was watching the scene
"llp considerable curiosity, for he mad
never been IN lunatic asylum, anc was
~haccusiomed to such sights, broker
"alked up TO him an0 held out mis- hand.
Wen, Mr.. jones' said be, you've
made pretty good taing out of this
les SAID James, thinking ne alluded
10 ls curiosity being satisfied.
=, suppose YOU have cleared a neat lit
ue sum out Of this deal"
a. 2 asked Mr.. Jones in surprise
Yes said the broker. Il believe [
1 'o, o Ioul something over $4,000 on that
OOO00 barrels
~, ian! said Mr.. Jones again, more caut-
81 BE ore they got through talking, an
s,luTeI broker came up, and another and
sI another. While James was nOdding
As brothers. friends In friendly re-
S,s as he supposed he had been
sVT,IlhE thousands Of dollars worth Of
on which the sudden drop In the
.I'A gt OF 10 cents barrel had made
~, Tell, James Jones was no fool. he
kun ieli any one who he was. He kept
' iItntity strictly to himself, and hur-
XXX IVY u.s. soon as he Gould get away 20
10y his brother Of the great good luck.
a. t{ .ane would have IL, he found him
e', Ais ONCE. and thps his real name WAS
nv. VU'tsclosed. That days mistake cleared
Aell e-O00o0 or mOrej
a. 10" qua you happen 90 know about
i ,.lss1I''y II 81 was Kept 30 secrets" we
hal a.a one Of the twins" responded the
REFORMED CARPET-BAGGER.
"oF Chamberlain siaughtsra the
Massachusetts Senator.
i A'HoF' Chamberlain, OF South Caro-