Savannah courier. (Savannah, Tenn.) 1885-1979, 1888-05-31
WOMEN SPECULATORS.
Why Stock Brokers Do Not Like to TAX
Them for Customers.

Them for Customers
"You can't find one broker in ten
who would take woman's account"
said a well-known broker just after
turning away a lady caller last week.
why notP Amt they big enoughP"
"Some of them are large. There is
woman on the North side who used
to go in for thousand shares at
crack. There is another at present in
town who is really u big player in
stocks, and sometimes has $50, 600 and
$75, 900 up in her brokers' hands,
There is another the widow of rich
railroader, who makes and loses $780,
600 at time. But even the account
of these big ones are not sought after. "
Don't they pay commissions
promptly"
"They have to do that. Commits
sions are charged up the moment the
trade is opened"
"Why, then, if women would mar
gin their deals and keep their margins
good. is not their business catered TOP"
because they are kickers first, last
and always. One woman will talk
more about her trades, ask more ques-
tions, come oftener for advice and an
noy broker more than twenty men.
If they make money they give broker
no peace They want him to go right
ahead for them on his own Judgment
thing reputable brokers do not do ex-
cept in the rarest instance and then
not without some directions and for
nobody but their oldest customers. If
a woman loses, she pays her losses in
a manner that makes man feel simply
like the deuce. He has to say he's so
sorry, to sympathize and cry over what
wasn't his fault, but hers. If you give
her advice and it proves bad-brokers
are not infallible; if they were they
wouldn't be brokers but speculators-
why she charges you with her loss and
don't want to pay. Another thing, the
majority of women who speculate
can't afford it. They are dipping into
their savings. When those are gone
they are like as not to dip into others
they hold in trust Speculation is bad
for man, but my experience proves
that a woman who is bitten by it has
the fever twice as bad. The very last
woman's account l had on my books
taught me how far woman will go.
My fair client made little money a,
first. Then she plunged. of course
II was up and down for awhile
Finally, ii was down-very mucf
down--with her luck. She came tC
me weeping, and wanted me to take
her diamonds as margin for one more
deal. Of course, wouldn't do that
Well, she went away, but came bach
the next day with some money, with
out her diamonds, and accompanied
by a Misunderstanding beast, VIII,
stood by and saw the money
paid over before he left Tha
stake she lost too. Then sh,
came into the private Office, anC
after some Mysteries said she hat
borrowed the diamonds full valu,
from her companion of the previous
day. on condition that she pay hin
beside his interest one-half the prof
Its she made in the deal. If he
husband found it out she was ruined
She begged my help. She promised
if l would she would overcome tn,
fascination speculation had for her
and stay away for good. Well, tn
upshot of it was | got her diamond
back by paying one-third more thai
they were worth, and gave them t,
her as bribe to keep her promises
She did keep her word, strange t,
say. She never entered my office o
any other brokers' afterward. He
husband never knew of her specula
tions. l charged up the cost of tn
diamonds to expense account an,
swore no woman's account If it wa
worth 100000 year, would ever g
on my books again. ~ Chicago Herald
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