Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-09-18
5. v. WHITE THRUST OUT
SOLD PUTS AND CALLS IN EX-
CHANGE SMOKING Room.
Ten Others Shaken With Him From
Their Hold on Skirts Of
Stock Exchange.

NEW YORK. September 1s.-Stephen v.
White was among the victims of drive
made yesterday by the governors of the
New York Stock Exchange against fifteen
or twenty men who have been spending
most of their time in the smoking room
on New street and buying and selling puts
and calls there None of them Is a MEM
Der Of the exchange. Hereafter they will
have to keep of the premises Eleven of
them got this warning yesterday.
Former Representative White had great
reputation as a stock market manipulation
twenty years ago. That was shortly after
he made a couple of mi lions on corner
in Lackawanna. Since then things have
not been going so we'll with MIN. He tried
to corner corn iii 1891 and 1t broke him.
But he paid all his debts and got back on
the stock exchange. He failed again in
1893, but got back for the second time. He
never reGained his old prestige, however.
and he sold his seat in November. 1902.
after having been member almost forty
years.
Once Made the Market.
Only last June his wife, whom he mar
ried in 1857, died. and now at the age or
seventy seven he suffers the indignity Of
being turned out of the outskirts of the
market which for years shot up or down at
a word from him.
When reporter saw him vest rday after
noon he was just leaving the Offices of Hop
kins Bros, memb. rs of the New York
Stock Exchange. where he spends much OF
his time. though he has small office of
his own at IL William street F. w. Hep
kins was one of his partners when the firm
of S. V. White & Co. had a great name. MIR.
White did not have much to say about the
incident. He shuff1ed away down the cor
ridor of the Broad exchange building rather
bent and tired looking, with an OLD cotton
umbrella in one hand and a brown paper
parcel in the other. He still lives in his hne
house on Columbia Heights. and his credit
is as good as gold among his associates.
Veterans of the Street
There are not many diamond solitaires
and not much play for effect In clothes
among these brok of puts and calls that
hang around the stock exchange. Many
of them were once big operators who
got caught and wiped out and have taken
to this industry to keep in the game One
of the e.even was formerly a close asso-
ciate of Jay GCu.u. Mr.. White was the
most persevering OF the lot and had the
best business because he had the reputation
Of being good for any of his contracts
1t Is not very ambitious bus hess at
the best, though. and .-r. Whites fri .nds
are, in some ways, pleased at the turn of
affairs they think 1t will induce him to
leave the financial district and stay at home
in Brooklyn with his teiescop. and his
books and Plymouth Church. where he Is
chairman Of the board of trustees. HIS son
Arthur married Henry Ward Beecners
GRANDPA lighter. However his associations
with the church have not been entirely
pleasant lately Last May there was
ruinpus because Mr.. White gave, permission
for a lee IRE from its pulpit by the Christian
Scientist Septimus ]. Hanna.
Whites Lackawanna Deal.
One Of Mr.. Whites pecu.iarties Was that
in his days of power he used always in his
office to sit In a chair of which the back
and arms were made out OF the horns of a
bull. Lackawanna, when he cOrnered 1t
in 1884, in the fact of a beartsh attack by
some Of tae strongest men in the street.
was selling around 12O At that time he