The Savannah morning news., 1902-07-27


for women to frequent brokers' offices,
and for that reason beg TO ask that in
future you will kindly communicate
with us only by letter or telephone.
In this matter we have used no dis
elimination. Every woman who has
an account or who has done business
with us Will receive similar notice by
the same mail. Yours very truly,
Stock Brokers. - Broadway.
Opposed to women.
"a woman is a nuisance anywhere
outside of her own home" said a
well-known, reputable stock broker TO
a reporter who called on him at his
office in a Lower Broadway skyscraper
the other day. He turned slightly in
his chair and glanced furtively over
his shoulder at his trim little stenog-
rapher, who blushed perceptibly when
her employer made the broad arraign-
ment protesting, resentful express
sion appeared on her pretty face, and
when Mr.. Broker beheld this and
laughed lightly it changed to a palpa-
BILE sneer.
Present company always except
ed" said the employer, as he arose
and bowed low to the young woman.
Nothing at all personal. I assure you.
But we've cleaned up everything for
to-day, haven't we? Well, you may go
if you like"
"If you like" he had said, but his
information expressed his meaning
palmer than his words, and the young
woman got up quickly, slammed down
the cover of her typewriter desk,
clapped her sailor hat on her head
without consulting the glass, and
stalked out of the room.
"a perfect nuisance" repeated the
broker, as he stood looking at the
closed door, particularly in broker
office" He thrust his hands deep into
his trousers pockets, walked slowly
over to a window, and looked vacant
ly out into the northwest
Il don't mean this stenographer, he
explained, turning quickly. I'm afraid
I've been misunderstood both by you
and by her. That girl a nuisance here?
Well, 1 guess not l don't believe that
girl would be a nuisance anywhere"
he said.
What I mean is the woman who
patronizes us brokers'" he explained
further. They are an awful null
sance," he exclaimed. Entirely out of
place here-entirely," he continued
'I can't imagine why she was endowed
with the gaming instinct that impels
her to butt in here. Heavens, but
they make me tired every time l think
of them. but our house is rid Of them,
thank goodness. At least, we have done
all in our power to discourage their
patronizing us, and am going to take
particular pains to see that my in
tructions that women be kept out of
our Offices are carried out.
Lack Business Instinct.
"In the first place, brokers' office
is no place for a woman. The aver
age woman knows little about broker
age Business instinct is not innate in
the woman, ordinarily speaking, and,
worse than that, she can't learn. Tell
her all you know about stocks and
market conditions and practices, and
the next day she will ask you the
same thing again.
Another thing: The woman who
desires to trade in stocks, knowing
nothing of them or the business, wants
the broker to become her confidant, to
tell Just where and when to buy or
sell If she makes something out OF
an investment made on a brokers' adj
vice she gloats over her shrewdness
eon the Street. and the broker gets
no credit whatever. Should she lose,
and every broker must go wrong in
predictions once in awhile, then there's
the devil to pay.
LET me cite an instance.
Some time ago woman came
to me and wanted to invest
a small sum in stocks in which
she could make a pretty good profit
and could not lose. She didn't know
what she wanted, except that she had
been told that she had best invest in
one of three-Erie, copper, or sugar.
"Now, 1 didn't think any one OF
these would be as safe as another
had in mind at the time. 1 suggested II
but she would not listen. She had been
told that the three mentioned were
highly desirable then, and wanted ia
know of me merely which of the three
promised the best. The truth is, at that
particular time 1 did not think any OF
them very good / discouraged her in
sugar, and suggested Erie.
"'Oh, Erie is too SLOW she replied.
81 had nothing further to say, and
she directed me to put in an order for
copper. Within two weeks copper went
down points. A few days after the
drop this woman appeared at my office
Rolting into the customers room
where there were several traders, she
began to berate me most vigorously
saying things about how 1 had taker
almost the last cent of a poor woman
and lost it for her.
-'She was In an extremely bad tenn
per, and could not think of the trans.
action reasonably. She succeeded ir
creating a scene, which appeared tc
amuse the men in the Office consid-
erably, but she told them some awful
things about me and my business
methods which might have done me
some hurt had not most of the listen
ers been familiar with the behavior OF
women who trade recklessly and lose.'
bad Losers"
Brokers say that a woman does not
seem to be able to realize that there is
a possibility of losing in specializing
in stocks. Therefore she is what a
gambler would call bad loser OF
course, there is an occasional woman
who knows the market and its sinuos-
tiles, and lie as game" as any man on
the street. But she is mighty scarce
The ordinary woman Spectator and
trader makes an awful fuss when she
makes a losing investment.
Sometimes the spectacle is ludicrous
IN the extreme, but more frequently Il
10 sad one. Many women with the