Los Angeles herald., 1905-02-26
WLZzny D1ZOH-

which members of the New York
stock exchange are reported to ac-
. cumulate wealth and the profigacy
with which they are supposed to spend
it. one might easily understand that
membership in the great financial or
ganization wherein is controlled the
values of the great corporations is sim
ply the first step to untold riches In
practice no illusion is more quickly
dispelled. An insight into the life of
the stock broker, study of his meth
DDS of doing business, an analysis of
the interests with which he is associ-
ated and search of his private life
reveals a character far from the con-
ception of the man as he Is recognized
by the public.
The newspapers are weekly fed with
stories of business failures and during
the year are chronicled the mishaps of
supposedly sound houses. Within the
maelstrom of terrific financial strife are
the eddies boiling and swirling under
the stress of individualism, an indi-
Niuudliolu 6O pol 1hLOuttI III Tic SuCCcSS
and failure Of big undertakings.
There are many kinds Of brokers',
men who live their lives five hours of
the secular days within the cold, mar
bic building in Broad street, content
with their commissions-patie striv-
ing. hard thinking fnen, contrast to
the plunging member, the man who
wins on his own account, who wins
and loses for himself amid from 500 to
zoo men, who themselves are educated
Ito feel the pulse of the market and
prescribe treatment for its ails and
complaints.
You have heard the questions asked,
What is the life of the average stock
of the day and night? How does he
conduct his business? Where does he
seek diversion? How does he gamble,
if he does gamble? How does the inces-
SAINT strain affect him? Is he the head
of happy home circle? Will his pur-
suit of business give him leisure hours
with those who hold his affection, the
children he has reared and who are
growing up possibly to continue life
in Wall street? What kind of man
is he. anyway?
Opening of the Day
In seeking to picture the daily life of
the ordinary member of the exchange
Herald reporter spent the day with an
alert broker, saw him when he had
risen after a sound nights sleep and
followed him throughout the ordinary
day that comes to the Wall street
man.
He is broad shouldered, a man of
the world, one who has Travelled ex-
tensively and worked hard. He is
known as the floor member of his firm.
which is one of the most substantial
in the street. He drinks, smokes and
plays when occasion demands. He is
not model of the strictest propriety,
which is not saying that he does not
respect the proprieties. He is simply
a wholesome. shrewd. clean, every day
member of the stock exchange, man
who has developed clientele by reason
Of the fact that his friends and busi-
ness associates know they can depend
upon what he says.
1t was shortly after half past q
O'Clock that he ran down the staircase
of his luxurious home. From the floor
from which he came was childish
laughter on the bottom stair he
stopped to listen to it and smiled The
evening before had been spent at the
theater. supper was served at sher-
ry's. He got home shortly before /
o'clock.
80 you are going to run around with
me today, are your" he asked gracious
ly. well, / hope you will enjoy it.
expect to be busy Don't mind II
don't talk much to you until the ex-
change closes. Perhaps you will begin
by sampling this chicken. No? Well,
here goes"
It was half past s o'clock when he
picked up his morning paper, said a