The Dawson news. (Dawson, Ga.) 1889-current, 1914-03-06
NO THEM USED ,THE MON
AN 80 SPECULATE IN STOCK
. MARKET AND WON
rawAB GAVE ONE A START

= Them Cut Coupons, and
I ofbsrs Are PrOprietors of Fashion On
V ",a restaurants and Country Es-
' able Are Are Prominent Citizens.
~ ,r9D1r YoRK.-The average wage
New ,4ors is only SO cents a day, but
!, Woes dies not prevent them from be-
'' W. w. most persistent among the
>, .nacuIators in Wall street, says
l' Tor York Press. They like easy
= .r Init they are shrewd. Just
lY W. tbev are playing the game with
w more vim than usual. Some
~. tine on the market have been
a,,sd around among them, and they
tooning attentive eyes on the
ticker. -. 49,. -
i. or restaurants that are patron
=, bv the heavy spectators get all
vi, of frst-hand information from
conversations they overhear.
omotimes it is in regard to stocks,
NJ sometimes about real estate.
The men seated at the table usu-
Iv pay little or no attention to the
!, who waits on them. The more
,omnt and the less obtrusive the
alter is the better they like him.
fne times out of ten they get up
nd 90 away without having the least
ioa what he looks like. On the 9TH
hand it is the part of every first
lass walters business to remember
2 ames and faces and gossip and to
tore them away in his memory.
therefore,, by comparing notes with
ther walters he gets a fair idea as to
neither the scraps of information
e overhears are to be relied on or
Dot.
# There Is Uuc 1lluD u 4Ouo NtANoS " ~
after at the Holland House who
as given a running start by Chas.
81. SChwab. This happened ten or
eleven years ago. The waiter was
Dlicitous whenever Mr.. Schwab ap-
cared. Mr.. Schwab noticed it and
liked it and responded literally. One
ay Mr.. SchWab gave an entertain
lent and this waiter excelled him
elf. Mr.. Schwab called him over,
Spmplimented him highly and told
i'm he was pleased with his atten-
on. He concluded by saying he
Ould be glad to do anything for him
"a could at any time. The waiter
banked him warmly and the matter
eSted for a week or more. Then
be waiter, at an opportune moment,
5eminded Mr. Schwab of his offer
8nd said he would like to take adj
vantage of it. He explained that he
pad little money to invest and
FOuld be grateful if Mr.. Schwab
gould suggest a good stock in which
q deal. Schwab was thoughtful a
lOment, and then opined that
american Bridge was a fine invest
Rent, He added that it was selling
II low price, and, in his opionion,
SaS sure TO advance soon. The
waiter expressed thanks for the ad
pee, saw Mr.. Schwab to the door and
lowed him out.
Within month from that time
alr' Schwab, who, like other large
.nanciers, had an active and efficient
Pan to gather information for him,
Farned that some one was buying
american Bridge in respectable guam
PteS' Further inquiry developed
Fiat thlS person was not a broker,
lut some one outside of the street.
Mr. Schwab's investigators discov-
Ted that the man who had bought
|etWeen 10000 and 10000 sahres of
llueFlcan Bridge on a margin was a
IdiIer at the Holland House. 1t was
II walter to whom Mr.. Schwab had
wen the tip. This waiter had been
pahlng good use of all his tips, both
tonetary and market, in a quiet way,
Flu Had accumulated considerable of
toIIune. When he got Mr.. Schwab's
r'lce ne played it to the limit, and
PPV1 ID up many thousands.
IIere IS a head waiter at one of
Dig hotels, much frequented by
E@'y Spectators. He is credited
gG tI having a fortune of at least
poU,VVV' but he never passes up any
onIy dollar tips. Recently he was
sI 10 go to the office desk and ask
po5 MS strong box from the safe. He
NY pnaeu 1t, took out a handful of
H. nuS' went away and busted himself
oI d Illne cutting coupons.
las asked. O
\ t e5So Is a bad month. I only cut
IN PoVV,' he replied. But wait
p III next month";
We "e'eral of the proprietors of the
Is 5e and fashionable Broadway
Ia f% ~ started in life as walters
I'M mere Ri are others, who are walters
Itto. VINO are wealthy. One Of the
" Was. claSs owns an apartment house
IN 49, IND avenue that is assessed
r. ' wv He is a widower and his
NM sons are in the Ecole Polytech-
1So IN Paris. He himself lives in
rsa attulSned room in Forty-fourth
nm. nv 70 be near his work. He is
ea itSu to have accumulated his
An ''u rom the tips he got from one
go banker, whom he served for
mi a. years. OF course, the tips
= INTO Wall street on the bank
N, o ouce and increased there at a
> < oIe a number of the walters in
N e ~ downtown restaurants
Nc ' r5 own houses, usually hand