Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1908-05-08
An Echo from Wall Street


Recently two elderly men stood talk
ing at the door of the stock exchange
building.
Carter" said ore to the other, '.no-
tice this young man coming in?"
Yes replied the other. Nothing
particularly remarkable about him.
That's where you are wrong. That
young man is going tc be one of our
leading lights"
The Young man in question caught
sight of the speaker at this instant, and
the worried look left his face as he
paused second.
How are you, Mr. Smith, he said in
the cheeriest tone.
well, John, thank you. And you?"
Tip top" was the answer.
And the eggs? How are they laying
the chickens, of eourse?"
"A crow every second. The chickens
don't lay eggs in Kansas, you know. So
we are right on the job. Morning, sir"
And he was gone.
Well Smith, let's 90 ever to Mason's
for nip, You Will acknowledge that
conversation wouldn't sparkle On dark
night"
That leads up to the story | am 60
ing to tell you," said Smith.
"At different times In my life young
broker in the street win catch my eve
and ] will watch him. That young man,
a few years ago, went into the office of
Brown a. Co. at salary of four per,
which he didn't really earn, because he
knew nothing of the business. He had
been there month or so when he cleo
trifed the whole concern by figuring out
method called the X system, by which
the business of the office and of the diff
ferent branches in all the large cities
was so condensed and systematized it
worked almost automatically.
ut was simple enough after it was
explained, but 10 one had ever thought
of it before. 1t made the young man
invaluable, but he did what you might
expect Looked around for another
smart fellow and went into business on
his own hook And the way those two
boys succeeded They made money so
fast it made few of us old fellows
Sit up. Their office was a rendezvous
fol every young man n Wall street who
thought by watching their methods he
could do the same. You probably have
it figured out that they were SO smart
they cut loose and travelled the way of
all young men who are making money
and their own masters, and so fell down
well, it was a little different in this
case
MY young friend, John, cut away
| from the crowd one day, and when they
next saw him he was married. How
it had happened, what recklessness had
prompted it, no one could say. Al
though they We're making money faster
than any two kids in Wall street, luck
night and day, and there was nothing
back of the business.
This and some more was the talS
going on. But John came back, settled
down to hard work, and was the hap
piest, cheeriest individual / had ever
seen.
",rhere was great speculation as t.
what Mrs. John looked like, who she
was, and how long she'd stick if things
went wrong in the street, as they were
just then threatening to do in March o.
last year.
"One day in June | went over TO tn,
Office to see the boy about some cop
per stock. There he was working hard
pumping from one ticker to another, ant
Issuing orders through a dozen tele
lphones The office was rowded witt
the usual bunch of young brokers, hang
ers.o most of them looking for q til
here and there, when the door opene,
ard Mrs. John appeared. She looked a
that Young man with the clearest
buest of eyes, and such a wealth of iov
was in them every man standing Their
knew that the whole blamed marke
could go to pieces and Mrs John woul,
stand true.
"She was little perturbed seeing $
many strange faces, but she smiled an
said she was sorry to intrude, but thei
bullpup was missing and she just ha'
to come down and tell John
John put his arm around her, toll
: her it was too bad, and introduced he
) to the crowd She was taller than h
and perfect specimen of health, bu
! a typical lady of fashion, dressed pei
fectly and with SAVIOR faire that
, diplomat might envy. How he had in
dueed her to change her name and hoy
he had made that wonderful look shin
: from her eyes caused small size
i panic of inquiry in the Office. an
tongues wagged freely after he had lie
her forth to the Savarin to luncheon.
"John's stock went up with the crow
after they had met his wife, but a
things began to go wrong on the stree
: many friend of his predicted troubl
9 for him, and when the panic came an
: crushed those boys many watched hin
{ closely.
: Il suppose. Carter, you are wonderin
I at an old fellow like | am, gettin
= worked up over the affairs of boy VIII
5 is in nowise connected with me? | al
coming to the point right now.
Il have always been interested i
what to me wss an unusually brigh
mind Now. what have most of til
young brokers done you have ,reen /
touch with who went under on tn
street in hard times? Drank lot
; traded on the curb when thev could
borrowed from everyone and general
amounted to nothing. Just so. an
drifted further and further looking fo
something to turn up. Now what d
/ Iyou suppose John did? One of the hes
land BRIGHTEST hrokerS Wall S+raat ha