The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-01-17
WALL STREET CALLED
Elm boy WIZARD

CNew York World1
WIN capital alleged TO have con-
sisted only o. possible 32)JJ9 lesacy and
unlimited nerve, an ex-messeuser DCy
has been living in a big Fifth avenue
mansion, with a large retinue OK serv-
ants, with Ex-Governor Morton and
Henry M. Fiagier. the Standard Oil
magnate, MS hsighbors on eitEer
sue ana mas DeSC-leu even vail street
DtY5hieLo Win MS stories OF 4 made a
Adolph AIonneu-5ayre. Il years old,
VINO SIX months ago was Known as tine
BOY WIZARD o. Wan street, IS. however,
40 longer to be IuuDd at mis- Oluc5, $3.50
wall street, nCr at his home, 6S3 Firth
avenue, and hiss alaUd Nirttand, Il Ken
supreme court TO recover 4,5OO intruSted
TO SayTe Tor investment
Sayre IS a member OF prominent Ken
lucky family and Miss hlrtland, whose
nome Is near Paris. ky., had known hIm
when he was a small boy.
SaEre was AMBITIOUS 10 be wei cdu-
Gated and getting pace as page IN the
house OF Representatives IN Washington
saved money TO put himself through
Harvard ne maze no pretenslons at
college and not until ne came 70 New
YORK dld the ambition TO become Wall
street magnate take possession OF him.
According 10 Sayre, ne had made the
acquaintance OF the sons of wealthy
men, who Rad told him OF the great IN
N6SJmenJ opportunities offered Dy the
I Calumet 4 Hecla copper mines. lie put
his all in the STOCK ready 10 go broke or
become rich in the one coup
told his friends
Sayre began here life of fashion. all
the while telling startling sUGreS OF new
ventures which had turned blg prOuts 10
him and to those VINO nao lGtruSJed their
money to him he rented the Eiclor
NeWcomb mansion furnished, at u25
Fifth avenue. IN this house Sayre
established his mother lie IS said to
have promised 20 pay a. reuta! or some
whether IRIS renal was ever PAID Is not
j known, because Of Mr.. Newccmb..
mental condition. which caused him 10
be adludged insane some weeks ago
Then Sayre went into Wad street
Even old brokers' said ne had know
ing look. and many OF them believed the
stories of big fortunes he was sand TO
be making. 4te was not MEMBER OF
/ any exchange. and explained tnat ne
found it more satisfactory 70 zeal
through brokers.
The Hrst blow at sayres stories of
I success came last May, when Brooks
/ Bros, taiiors, sued him or a Dli OF 500
4 An itemized account showed the eN-
travagant fashion III which SaEre was
wont 10 dress. One 50 oVercodt 'tlu
gloves that cost 81 - were among the
items for which ms taiiors had not been
II was explained in the suit that Sayre
lived like "A man with millions. InaI ne
employed a corps OF servants. anftl4lits
I Grove ABOUT New York IN a handsome
/ victoria Repeated attempts 20 pre-
sent the bill Rad rallied, because sayTe
. was never to be found.
1 Miss Maud +. l~ortcr of Washington
! was the next person who became con-
+ WINGED that $500 which she mad m
trusted TO Sayre was in danger. She
knew Sayre when he was III Washing
ton. and had watched his meteOglc W all
! street career. According To MISS rJrIer's
petition Sayre had told her that he mad
} invested the money in Consolidated tTas
and Metropolitan Street railroad stock
and had cleared for her something like
! Miss Porter. greatly pleased at this big
i profit was ready to risk all her money,
r-r ont har Hr al 81
! she asked tor the s. 500. Sayre replied
( that ne needed il 10 make another IN
( Vestment. which would make her very
/ Miss Porter had a lawyer call on
J Sayre- The "Boy Wizard was OutraS
: that his old friend should try to treat
/ with hin. through a lawyer. He sent
/ the lawyer hack to his client with this
+ message:
I i w.H send you the money when I
have no longer need Tor it,
Miss Porter then became suspicious
( She no longer believed the story of her
I big profits. and suit to recover the SLOW
( was begun against him.
SayTe continued TO live in handsome
stvIe He seemed TO dress better than
ever. No one who saw his rettuue OF
/ ser -ants. his offices. his carriages and
/ horses could doubt that he was rich lie
laughed al the tailor bill he had failed
TO pay. He laughed at the S3-atn suit
filed against him by Miss Porter. Per
sons who knew him thought the tailor
were simply little items THAI had
( escaped his busy mind
Just how SayTe won Miss Kirkland S
! confidence has not come cut Miss hlTt-
I land spends part Of every winter IN
Washington. where she is "a prominent
figure IN society. Sayre returned tC
: NNashfuglOn coca SiOnaIy to show per
sons who had known him there d
page what man with brains and judg-
ment could do in washington ne made
f a fashionable show with horses and
: carriages ever at his command
Miss Kirkland says she had confidence
4 in Sayr5 when she save him her S4,5yJ
Her confidence WdS increased Few
1 weeks later by receiving q SmaH re-
'Tt's simply a little profit 1 have made
| i'm doubling your account with me-
: SaVre is alleged to have written
Nov and again he would send otner
small remittances. Miss Kirkland Ike
Miss Porter. had visions of great wealth
( but finally decided that she had made
{ sufficient money and wrote SaNre 10
/ close her account To her surprise Sayre
did not answer the letter and she be
came suspicious
Henry Wollman was employed 10 col
I iect the money. and IT necessary ollnE
suit alter much diihculty MI NJu-
, man had an interview with Sayre.
'sE did not invest the money given 20
me By Miss Kirkland, the lawyer says
, Savre told him. Il VIII pay her IN iulh
however - 60, an,
mis- X last Mr. WOllman called at the
Fifth avenue mansion. II was cIoSeu-
Not even a servant was in charge