Savannah morning news. [volume] (Savannah) 1868-1887, 1885-10-16
WOMEN WHO SPECULATE.
Their Success and FaiIures-Actresses
Who DabbIe in stocks.
From TIE Ne1O York NaR and Eepress.

Who DabbIe in stocks.
From the Ne,0 York MAJ and Cypress.
"That women speculate and do not stop
at ordinary ventures kno v to be fact"
SAID prominent banker, when APP
preached on the subject; shut they usual
ly 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 40. The cases in this
city where brokers carry heavy lines Of
stock under their own names which real
ly belong TO their clients are not few, |
can tell you. These women, however, do
not all live in New York. Bless your
| heart, they represent every county in the
State and, for all | know, every city and
town. They are usually women who have
inherited 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 foreigners, titled or untitled, and de-
sire to outshine them"
And are they successful"
"As rule, yes. Women have very
keen appreciation of the perhaps Then,
again, they are content with a small mar
/ Siu VI pIOufs Anu, Hndiiy. buty heluom
play, like man, for q four-time winner,
as it were, or press the limit. II pur-
chase of today shows again they are con-
tent to pocket that gain, rather than wait
for another advance tomorrow, which ad-
vance is not always sure to come"
''But if they loosei'
"TheY lose as little as possible by get.
ting clear OF their stock as soon as they
| see IL is going contrary to the way they
want it to go. They are vefy philosophi-
cal and cautious, are these same women.
But all the women who are represented on
| the street and in the exchanges are not
moneyed parties, by long Odds"
"NoYp
"Far from it. Many a woman sends her
last $40 to put up her margin when the
day shall begin"
81 should not think broker would both
| er with business 80 small"
! 1.-The brokers In these cases are usually
| the woman's brother, sweetheart or
cousin. She wheedles few bank notes
out OF papa and gives them to her agent,
| who in turn gives them TO some small
broker. and very often the miserly little
sum Of the morning is quite respectable
| bank account by night.
81 remember an instant where young
woman came to New York 10 attend lee
| lures at the WOmen's Medical College.
! She found living, tuition and other eX-
penses so very much more than she had
| expected that she was not willing to
commence her work until she had real
| lied sufficient money 10 see her through
| her studies. Listening to the advice Of n
male cousin, she sent $50 by him TO put
up as margin on oil. That $50 in weeks
time brought her back nearly $1,000
"All women, however, are not so sue
cessful."
81 should say not. There are thousands
| of dollars swallOped up in margins every
day that represent many young wO-
mans piu-monpy for month. Women
are natural-born gamblers. They take TO
| gilt enterprises, lotteries, speculation
and betting as a duck does to water. If
! you want a good proof offit 90 any day TO
! these large tea stores where the prOprie-
! tor gives away piece Of crockery or
silver-plated spoon with every pound Of
tea. You will find women coming there
10 buy from districts miles away. They
| really spend more In car fare and time
than the gift is worth, besides getting an
interior grade in their purchase. The
| proprietor, however, knows their weak
ness and profits accordingly"
Are there any female brokers in bust
| ness in New YOrkp
''None that know of. Men brokers,
| however, have their female aides--wOmen
like Vic woodruff and Tennie Claflin-
and these women are powerful allies,
can tell YOU"
"What is their method of operatingr'
ait depends upon circumstances. Asa
rule. they seek the confidence of some re-
Gently bereaved widow-one, bear in
mind, who has not been lett moneyless.
Then they proceed to advise her against
! trusting the wicked men in matters of
| business, invariably winding up by rec
Ommending their banker or broker as the
man above all others TO look after her al
| fairs. The same plan is followed with
| young girls who succeed TO legacies or
young women from the country who
come to the city looking for safe invest
ments for their savings"
"As class. what women do you think
have the greatest use for a brokerW
Actresses. There is hardly an actress
in America today, that is one Of any note,
that does not dabble more or less in
stock. The reason for this is, | suppose,
that no class of men become more init
mate with ladies in the theatrical profess
sion than the banker or broker. Conf
dence, of course, begets confidence, and
| in short time the actress has made the
plunge into the financial malestrOm'
! There is an uptown firm of brokers
whose business is almost entirely made
up Of orders from prominent actresses.
| Mrs. Langtry, Lolita, Maggie Mitchell,
Rose Coghlan, MOdjeska, Mary Anderson,
| Fanny Davenport and others OF equal
fame all have a nice little bundle of good
paying stocks, and, as rule, are ready to
buy more"
They Saw the Real Mrs. Dash.