Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1896-01-12

office OF Their broker. In the brokers'
Office there sit many people with money
to invest, and the people buy and sell
according to advice taken by the mes
Sengers. A ticker" tells the exact
state Of the market, but the man in the
Stock Exchange likes to send his own
private Information by a messenger
boy He VII not trust even the tele-
phone, with an ear at central"
While the boys are scurrying around
the room, dash:ng IN and out of the
doors, and while the men in the little
high pulpits were marking up and down
the stocks, and the brokers were buying
and selling with the qu.ckness Of light
ming, a blue-cCated boy dashed up to me
and grabbed me by the arm. You
want TO buy z and D." sad he, land
you want to buy It quick He said SC"
pointing down to my broker.
Did he tell You to tell me?"
NO, but he said if l got anything
choice to let you know. It's business
with me. come in for some Of It. Buy
quick, l tell you, if you're going to-"
Take that to my broker" l said,
and tell him
hadn't time for another word. Away
the lad dashed. In his hand he held
my whole $50. 1t was TO be invested on
a margin on stock that had gone down
from 1914 to 102. Why. It's stu going
down." I said to myself. MY $50 bought
fifteen shares and IN a second 1T VIII be
gone l saw my broker leisurely buy
ing the lowering shares and I held my
breath; for, just as he had made few
passes with his hands which secured me
my little investment, there was a rush
his way-a frantic rush.
Men fell over each other. Men pulled
each other back. Men punched each
other. Men pokel and jammed and
wrestled and hustled till the chairman
from his perch wrapped for order and
yelled something about fines. In the
front rank was my broker. still holding
up MS fingers, while a man wrestled
wildly to hold him back.
A SUCCESSFUL DULL.
But my stock! What has become of
it? There was a minutes work with
an erasure, and the figures 1O2 had
gone up to 104 Another wild on
slaught was made. Again an erasure.
and the figures were 1O6 Going up"
/ cried joyfully, up, up
'1OS-1l0-112. Why don't he sell?"
| cried TO my messenger, who had come
TO my post and was standing by my
side with a jubilant expression upon
his face Hurry TO him."
'Y-e-e-s,' said he, starting slowly
away. But there's plenty of time"
"1l5-11Sr
And that boy was not there yet.
Zig
Oh. where was the boy!
But he had found the brokers' side
and was whispering to him. Other
messages from other boys came pour
ing in. For a minute il seemed as if
my broker was a magnet around which
all things drew. He was hidden by
the boys with messages.
As quick as he had bought he sold
Ny stock, which l had bought at 1922
had sold for 119, and on every share
made ST. There were fifteen shares
and fifteen times seventeen. | figured
it up and found $3.50 Not bad for one
mornings work. 1t would have been a
fortune had l bought more heavily.
Now said my broker, as l called
upon him afterwards in his office, do
you see how things are managed at
the Stock Exchange"
yes, do said l, but will you tell
me how you knew enough to buy just at
that minute?"
That's simple" said he. The boy
that took the message for you-and me
is a brother to the lad who is in G. s
Office. He knows when there is a big
deal on and ne winks his knowledge to
his brother The lads haven't a real
right to it, but you can't help it and the
Offices allow it in a way, because there's
no preventing it. And it would be
against the boys own interests to tell.
They know those boys couldn't wear
the jewelry they do unless they acted
upon their knowledge for few stocks
for themselves. | told this boy you
wanted to see Wall street at its best
and he made a little money for you"
will you send for me some Black
friday"
Yes, if there's time to get message
to you. Black Fridays are not planned
and it's a sad sight. Men with brains
to keep up the interests of the country
are overwhelmed by the tide against
them They can't sell, and so they
can't pay, and one knocks down anOth-
er like d row OF tenpins before swift
ball.
The Wall street fever is easy catch
mig. There's a woman with a green
veil who comes down every day and
never goes home a loser; and then
there's a well dressed man commission
ing as John Wingate, an assumed
name. who brings down a roll every
day and has never gone home with
penny. He's a son of a great house
with an allowance. His ambition Is
greater than his brains
Us it gambling?'
'No more than the buying and sell
ing of anything else. People are fond
of calling capitalists gamblers. But
it's a case of sour grapees. You've had
vour taste of Wall street and know its
successes. Now come back tomorrow
and lose your money by tip as straight
as the one that made it for you. Then
vouTl see that there's brains behind 1t
all as well as a straight tip.
CONSTANCE MERRIFIELD.
c. dot LITTLE Chcrman chan: