The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-05-03
WOMAN'S RULING PASSION.


IOHl lIle new Y Ork Press.
AS everybody knows who knows any
thing about Wall street there are hun
dreds of women in New York who "play
the market" Some of them do it persist
emily and others only take an occasional
flyer Some buy a small number of
shares outright and hold them for a raise
and others speculate on margin. Some are
women of large means who speculate for
diversion, others are women Of small
means who seek to add to their meager in
come and still others are women of fash
ion who speculate out of the monthly AL
lowance they receive from their loving
husbands who, for all they know. NAV he.
playing the market directly against them.
Sad to say, women investors and specu-
lators as a rule lose their money T'ba only
thing that saves them from financial an
limitation in the general summing up is the
passion Tor buying things cheap. whether
they want them or not so deeply implant-
ed in the feminine heart. \ bargain sale"
whether II is of ribbons reduced from 80
cents TO 40 cents or Manhattan elevated
reduced from 40 to Jos, draws them as mo-
lasses draws the flies-but that is not a
pretty simile-let us say as the honey
suckle draws the humming birds
Let any store advertise Great Bargain
day sale and the women tear one an
others gowns, ruin one another's bon
nets in the mad rush to get to the bar
gain counter and buy something they
II Cn1an.
Let a panic strike Wall street and the
women sweep down on the brokers' Offices
like tocks of huttering doves and pick uD
almost any old stock that is cheaD The
greater the tumble in price a stock has
taken, the more eagerly they buy it, They
will buy quantities of an apparently
worthless stock which q man would not
think of touching, simply because they can
get it for a small price.
In ordinary times women are seekers af-
ter tips" on the market, and will believe
almost awning
when the bargain day fever strikes them
they laugh. at advice and scorn expert
ence, and if an angel told them that a
stock was worthless they would buy it if
they could get it cheap. This is their sal
walton. After the panic comes the reac-
ton. The stocks go up and the women
make money and brag about it until the
next bargain day strikes the street.
On such occasion they literally carry out
Uncle Daniel Drew's 'infallible racine
for making money in Wall street: ~'Buy
'em when they are low and sell EN- when
they are high Mrs. Van Dusenberry,
taxing her paper in the morning with her
Dear me, just think of it! They are
selling those lovely grenadines al Lining $
20 cents. Financial, financial. Where in
the world have they put the financial this
morning. Oh, here it isv'
Then her brow corruSates for awhile
1t is worthy of remark that the financial
column occupies the place in the paper
that 1t does every morning, and that Mrs.
trouble in finding it every morning.
We'll, / declare If this isn't bargain
Such a lovely stock X, Q. & T. is down
TO IS l.. n. & w. has gone from 20 down
to 16 5-S. l really must have some.'
So after breakfast she drives to her
friends, Mrs. OVermoOre's, and they go
out for day of it,
First they visit Innings and after n
struggle expend at least g apiece at the
bargain counter. Then they are whirIed
away to one of the numerous branch
Trr-sr .n-s. =
and Forty-second streets and proceed to
disturb the balance of trade. There they