The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-05-05


we had ten years aro Tbov oro ,o,,., ..
become factors in the life of this eitV"f !"
some Of the stories told about tho money
making exploits Of room traders and 50
brokers are interesting This morning n
room trader was said to have cleaned M
Sao,TH IN mon Pacific in forty minutes. K
sprclqlist IN the Atchlsons got SO acrus.
TONED to scalping $1,000 day out OF the
STOCKS ON inc rice that he quit taking orders
a nm devoted his time to specializing, which,
innH tal, mas been murc profitable All the
nulnSh room traders have been swelling
NOR hAnk accounts In a way that 1t with.
our precedent
effect that once unon n limo " Do 40 ~ ~
tended regatta aud his host from, Tho
decl, of his Yacht pointed OUT the diircrent
craft and named their owners ,orbnt
one he said. ais owned nv RroLer ronns
pphat one by Broker Smith. That one by
htoRrf kobinSon. And SO on he continued
10 hegmc broker after broker, On finishing
~ friend remarked, In tones Of surprise:
A NM whore are the customers Yachts
.tl ne customers yachts wore not There for
Bfaaa S as this his dHa T mpAss Of The
ON an irregular market the customers usual
funds rhis oa 10 'os brokers Yachting
Is"s ~ no i ~ i S'.nSoh, n9Weyer there prom
90 we western mlllonoircs are buying op.
t.hn,S on on STOMP yachts In the Same why as
Moro Nm n ,,nn no Oh nigiuInctnrlng plants
be steamvacbiInr9 % nh bne s S,%"H marSct VIII
Of The new ones ar ' inat SUNNI SUNNI Od some
| thnt thcv ynt sna.iei, o 4. was SUM-
pissed tho fi"ok, and tbIs ryo,, zinc they
| ,,th,,. to.,1t, ",, w tu'S wear
thc n,d " ,nG w" y handsome price FOR
Ann, ~, II "'iu NWll Namoose' which VIII
st'' Sno u,m 10 1hu from MS, summer cottage
az, 500 nno doSepl Is sa'G to have cleaued
br niodr Nv i hmritc, 'cniion unN. Mnch OF It
w. "' WWIIunS hnNlng callS In the London mar
H,,t Mhiucrr ne great advance In Americans
n, ,iiSoIrullHd' Joseph Is not the only
snon,, Mti" ,pad9 money out Of this form ot
I
m ~ ne erection, ana among the valuable
az, 'GytS w secured were those OF Russell
Sosr b ws" t rIc nor prneVr IN the advance
hnGc, ~ ~ H y" cIN uoWh me present
tT a., ~ w l's pSeh intereSted In so do
prcttv Vol scsitr .mH' his privileges were
and The Others modn MONEY "" * W. .mr street
,, NJ Is reiAtri OF one man who believed In
M'HN6t3ns oN election thnt he bought calls
W 3U'"u wv. SnhttS IN me London market. His
MTT""l, was OF me best. and he simply sent
ny Gruer To the arbitrage broker without
pm,n,ng up u cent. subsequently the ar
uri nroser re9tted 70 the buyer ~ the
ing Tue prohts on che order.
TRACE transactions between the minor sieel
companies and United States Steel ard
, ~ ado ~, W. WIN rue lattsr Is said 20 have
imaue enough caSn ont Of, his trading in the
t ,oS, '4seG months TO retire, which he in
Al last night lights twlnklod In tho bIr
Wall street office buildings whore brokers'
clerks worked on their books Ia vain efforts
10 oLertake their work. Many offices pro.
vidcd relays Of clerks. Some of the big
restaurants, which thought they would lose
money when the stock exchange moved
from Broad street TO Whitehall street have
increased their receipts owing to thc fatt
nat the heightened office hours have sent
.neh new customers. sleepy .ut of clerks
snIneu W Tor work this morning. They
neeu IN h9hufeds or Instances khocted OF
aS ana o'clock THIS morning and then
rost r re nearest hotels to steal little
aiIS..il Iuerc II hlg demand for extra
Clerks l VINO understand the business. II "
noo an EASY business to understand, and
yne average hookkeeper Is nj sea II sudden
" transferred from n mercantile 10 the1
Stock brokerage business.
When the profits and losses Of Wall
street are under consideration. II Is thr
hahit to associate only the men with the
speculation This Is considering tho Wall
street equation with one Of the two i'm.
portant known quantities left out. Let II
ne known. therefore, that N the men are
making thousands In the street n very con.
siderable number of women are counting
their profits by the hundreds Women VIVA
speculate are not, by any means. new to
the Wall street district, and there are some
commission houses which cultivate their
trade.
In ~. ...ita