The broad ax. [volume] (Salt Lake City, Utah) 1895-19??, 1902-10-04
BROKERs BE Won


'
ere e z rlogsr1egt anacqG lzplzetH
IN - York "a exclude women trQn
tkt. hdllntas houses and - deny
tkem f6t priyilegs 81 spscplatiog p
sfoof FemininitY, they say, has
/. beers given q fair claree 70 lsheyE its
fdabs sflity In s,the street End. has
failed miserably, reports the New
York Times. rt,
For q long time many brokers have
considered women hdesirable patrons-
for q multitude Of reasons. OF late
the opposition has crystAIlized, and
ueseral uFomfneut Arms have taken .
bold, determined stand 70 ostracise
those members Of the ftir sex whose
gaming Instinct and desire 20 get rich
quick prOmpB them 10 spoculate on
thesmarkets. ~ N,I&
The following b q eopI Of 9 letter
sent out bY a Well-lnoWn Arm OF stock
brokers. II shows plainly the attitude
OF brokers, and il Is not unlike isttsrs
that have been sent out recently BY
other firms: q
that IN future We shall be unable VI anord
you the privilege OF calling 81 our once
on Blank street We ind that - some
OF our best customers eonS'dsr 4 unotgnS
led for women 10 frequsEt btctqrS ofnces.
and for that reason bsg 10 49, mat IN iu-
ture you win kindly communic6te with US
only BY letter or telephone. In this matter
Wehave used nodiscrimination- Every Wom-
an who haa an account or who has done
business with rs win receive similar no.
ties By the SAms mail Xeurs very truly
STOCK Brokers. - Broadway"
"a woman IL q nuisance anywhere
outside Of her own home" said we'll
known reputable stock broker TO a
reporter who called on him at his Of
fee in q lower Broadway skyscrsper
the other day.
Elm the first place, brokers once
IL no place for q woman, The average
woman knows little about brokerage.
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 win ask you the same
thing again.
Another thing: TheWOmsn who de-
sires to trade in stocks, knowing moth
ing 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 IN
vestment made on q brokers advice,
she gloats over her shreWdness on
the street. and the broker gets no
credit whatever. Should she lose, and
every broker must go wrong in predie-
tions once in awhile, then there's the
devil to pay"
Brokers say that q woman does not |
seem 70 be able to realize that there
is possibility Of losing In specializing
IN stocks. Therefore she is what q
gambler would call bad loser" OF
course, there IL an occasional woman
who knows the market and its sinuos-
ities, and Is a. game" as any man
on the street. But she a. mighty
scarce. The ordinary woman specula-
tor and trader makes an awful fuss
when she makes q losing investment.
Sometimes the spectacle Il ludicrous
in the extreme, but more frequently
Il is a sad one. Many women with I
the gaming instinct, who. besides seek
ing the excitement attendant upon the
speculation, hope 70 get wealthy in a
few days, 60 into Il when the money
they stake isneeded for the nseessaries /
Of life for themselves and their fam
lilies. The result Of the failure In the
latter instance. Is PitiabIe. To the
broker IL Is nerve-rseking.