The sun., 1901-05-11
LOSSES ~ WASHINGTON.
They Arc Estimated nv o Broker to Amount 20
About sI. 900. .0OO-A Few Winners.

WASHINGTON, May 10 While there IA n
very lnrge number Of stock sreCulators in
Washington in proportion % tho si1o Of the
city, they do not a. a rule deal heavily. II
was estimated to-day by broker that about
o. o0O, 600 was lost here as result Of the panic
in Wall Street Yesterday. In general way
the statement of losses by customers OF the
legitimate brokerage houses that line +,
street is as follows: Gurley a Johns Gus
toners. 100000; Hibbs \ COS. $500 600
Bachman 4 Cos. sos, 900, Boomer Il Cos.
100000 and Foulke 4 Co.'S. $50 600 The
bucket shops swallowed the rest,
Lewis. johnson & Cos bank here. repre-
senting Moore & Schlcy of New York. per-
haps handle tho most conservative invest
ors business In this city. and IL Is said
that among thi4 class thero have not been
many IoSsos, owing 10 the wide margins that
have been put up, and the fact that invest JIs
with this nrm held on and Steered oloar OF
Northern Pacific or sold ont before the Uanic
II any man borrowed money Yesterday
in Washington he hadEto get II outside OF
the banks. n II was Impossible" 20 borrow
n dollar upon any security whatever in the
banks here Yesterday. This was what
cleaned ont many man whose credit or
dlnarily. was, good at the banks Men who
arc ordinarily in position 10 know what
f. going on say tonight that they do not
believe there Is n man in Washington who
has been following IN" market who was not
hit hard yesterday, but the following are
a few who are said 10 have made tho sums
credited 10 them
Nnthariiel Wilson. a well-known lawyer,
wos uhrad of the gam" about Sl50,OO0 yes
tcrdav after a three months deal, and cleared
sbu. 900 i'm spite Of the panic q q Staples,
proprietor Of the Rigg- House. j. credited
with winning a similar sum Lansburgh,
tho dnunrtncnt store man. is said 10 have
won about s2i,oOO yesterday. Emmons S,
Smith bought, Union Paciilc, New YORK
Ccutrnl and Peoples Gas yesterday AZ "A
low figure and sold out to-day. winning
about $4,000
A. for the losses. namns on thIs side are
hard to ohi otn AIN Blaine who's" cngaFe-
uouuced and who Na- reported last week as
having won 500 600 in the buil market. went
10 Now York few dayS ugo and i reported
10 have been cleaned out of all his wluniu "a.
4 Young fellow in turley 4 Johns0u's
Yesterday, who was short 200 shares Of North
crn Pacific at 1870. settled at 5opand lost all
man in Rloomcr' 8 had 500 Of BROOKLYN
Rnpid Transit. 300 Of Union Pacific and about
500 shares of other stocks on which he had
good proNt earlier in m" week. who lost
$50 600 and was cleaned ont Of all tho money
lo possessed and Of hl~ business. too.
one woman I'm the IrouSurr Department,
who few wears ago Inherited about $40. 600,
had been investing he money in stocks In
Tho Inst few months any day before Yesterday
was advised 20 close her drgl AZ figure at
which she could have saved s27 900 Sho
refused o do 30 and Yesterday lost all sho had.
An old farmer from virginia. lity mII-s
down the Potomac. who re'civcd Yesterdays
paper this morning telling about tho big
prices that Northern Pacific stock COM
handed drove TO the station with thirty-two
shares that he had boon holding since that
stock was quoted below 30 and arrived In
Washington tonight He made the rounds
Of the Newspaper offices almost Crnzv with
tho eNcitement. trying 10 get information on
what his holdings were worth When told
thai he would have TO wait until next Monday,
md Tint he would probably not be Hhlp To
get more than $50 share. he wns nearly
rrosiTated, as he had expected 70 get NJ loast
81 900 share and 60 back 10 his farm rich
man
One Young Newspaper mnn, who had been
making n salary Of about go n week plunged
uu the market just before election, and last
week had won 5000 He took $500 of his
winnings and bought lot out on Cincinnati
stroet, which he has saved. though the rest
Of his profit was wiped oGt In the last twenty
four hours