Telegram-herald. ([Grand Rapids, Mich.) 18??-1892, 1889-07-15

OF the stock hxchaaKs - great nsksrma3 =.
Heary q. frsvor Is a greas lawn tenn
player and Ia 80 20 give bachelor parties
20 yoEnz ladies' hica hscneioFs OF New
York Fsciproeato socisi alterations in this
~ay. as Is 10 more than far. Ths last
bachelor party which NJ Trevor gave
wNs az felnsaie0 and de- hted the
young ladies' and their ehsperonss. IL cost
en- tGou.aad dollars. r. 7 Bs@ckman. OF
tie Stock Exchange an . NE lOsr Of an
Oh New Yo4k fa4ilI. - the ehsmPion
lawn tsnHis player OF America Daniel
Starr Il the champion billiard player OF
thu Stock Exchange. He married q
daughter Of Peter Gilssy. after whom tho
hotel vas named Wilbur Bacon Was q
member OF the Yale College boat crew.
r. w setback, another Stock Exchange
mAn ~as, at one time champion amateur
oarsnan OF New York State and Is = pow
erGal athlete. He put up one OF the
heaviest damb bells made ten thousand
times
A good many nnsnclers and stock
brokers are ses-dcss II their way.
SONS OF them make long cruises
in their yachts Comm odore Arthur r.
BatemAn owns the steam yschs Meteor"
and lives a great deal Of the time on board
OF her He hss cru sed from Labrador TO
the river Amazon. tie was formerly
In the United States Navy and Is OF bold
and energetic character. James Smith.
ex- President OF the Stock Exchange and
ex-CommodOre OF the New York Yacht
Club. owns the yacht "Estelle." Thomas
W. Pearsall owns tho "Banshes," an Irish
name. meaning spook. She is fast
ssiler. Roger Maxwell, President OF
the Central Railroad. Of New Jsr-
sey. owns tho very fast sailing
yacht Shamrock Washington K. Con-
nor. Mr.. Gould's old partner. is vet
eran yschtsman. Mr.. Gould long ago
presented his yacht To his son George.
J. Pierpons Morgan, Of Drexel. Morgan 81
Co, bankers, owns the big steam yacht
'.Corsair." which Is about 500 tons register.
II Is an expensive luxury keeping "a yacht.
Mr.. Morgan's probably cost him a hun
dred thousand dollars, and presume that
IL costs g 800 q month to run it. This
would inolads fuel, provisions and
wages for crew of say thirty
men Captains OF these pleasure
yachts ara paid from 500 to &l25
month, first mates. IS TO $50; quarter
Masters. ts5; sailors, go. Some hnanciers
have yachts on the inland lakes. Alfred
SulIy who N worth six or seven million
dollars, lives st Hack sttstown, N j., but
comes TO New York daily. has n fine yacht
OF Ia Il class and entsxtians ais friends roy
ally.
Stock brokers are apt TO be fond OF q
quiet game Of cards. The champion poker
player Of the Stock Exchange is David
Barnes. Charles J. Osborn. the stock
OPERATOR, WAS . great player. He died
worth seven millions, beng the only one
OF Jay Gsuld's brokers who was shrevd
enough TO keep the fortune founded upon
his com missions. Mr.. Osborn managed
Mr.. Gould's celebrated corner IN North
west stock. when the latter squeezed the
bears till their tongues seemed TO run ont.
Mr.. Gould, by tho way. In speak Ing Of this
corner once said, In his customary low
tone OF voice and drrnees OF enuncia,ion:
81 considered the stock chesp 1T % and
began to buy. People were disposed t.
sell IL down. My brokers had orders to
buy. Before knew IL they had bought a
good deal more than ther1 was. Then the
price began to 60 up. think &c went TO
ESQ think I was induced 70 part with
some at that price" Mr.. Gould smiled
f.iutly az the recollection. 1t WAS as
sursdly liberal act 70 permit any one TO
"inducs" him to part with some" at more
than throe times IS much as he paid for IL.
The bears felt sore over that experiences
FOR years Charley" Osborne. rs the
ablest Of Mr.. Gould's brokers. made the
furry brethren fairly howl with disgust.
They had sold themselves into tn deepest
kind e a hole and their only recourse was
tots e hold OF the rope that Charley"
Osborn let down 20 them End to pay hand
somsly snd try 20 look happy. This
famous broker used TO play hiSs poke