The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-21

alIlNth III EtI4flbIS Hulllb'ISs III
ever accompanied by their children.
The ome the managers of the Con-
solidatcd heard of the venture. how
ever. they hastily called a meeting and
instructed the member to Cluse his
Office overnight. They were alarmed
10y the future possibilities of an of'ic"
filed with hNsterical women during
some market crisis.
Nor is thu beautiful but scheming
adventures unknown in wall Street.
one Of these DELL ihs not So many
years agp involved an able and power
ful f%inanci"r in the net of a Peruvian
venture. much 80 his disgust and the
%cditcation Of his friends.
ON the death of a bond dealer in the
financial district a few years az" his
widow undertook To- continue his husi-
mes. At the start she att act Il the
surprised attention Of the street 10y
her ANNOUNCEMENT that she was being
guided IN her financial transactions 10y
IN" spirit VuiC" of her husband from
h-S,-t- Whenever A---utemplitci
underwriting a bond issue she re-
coiVcd heavenly promptings as To IN"
wisdom f her course. Her bond hous"
did not prosper.
The truth seems To- be- that man
finds It more difficult To fathum the
workings of a womau's mind when II
is concentrated upon the stock market
han in almost any other relationship
Of life. This fact was amply demon
Stratcd several years = in Wall
street 10y TIA" widow Of "A famous rail
irii fnancier.
The bulk uf his ~tinancicr's fortune
consisted of an enormous amount of
railroad stock. which was paying large
dividends. Two bankers. who had been
his partners and financial advisers IN
his operations. went To- his widow and
cautioned her not to sell out her stock.
since IL could hr regarded as an ideal
Investment. She was evidently on
WINGED hy their ar-umcnts.
Several months later this stock.
which was selling at tho highest price
in its history. began slowly To- declin"
N value. The bankers. WI owned
large amounts II il. began secretly.
without the knoWlcdg" IT the widow,
To- sell somc Of their holdings. sud
denly the market hruk" badly. I'll"
bankers mad" cautious inquiries ana
learned thai SOM" unknown bear was
selling the stock short.
Determining t. squeeze he venture
s,mn bear. tho bankers withdrew
their selling orders and began to buy
The stock in the effort TO advance the
price. But thu bear was unterriicd
and suddenly solid such enormous
amounts ot the stock that il hrok"
from ten To- twenty poin-s in value.
The bankers lost a very great deal
4 money. Furthermore they were
deeply grl",'l when they learned
later thai tho tlna.ci"r's widow had
uilnadci her stock holdings upon
them. upon her confidential q sers.
her tried and true friends. II was
quite a shock. They had intended to
unload their stock upon her.
And tho c,lcry bankers are s,ill
puzzled tu his day over the icuou'-
men,. They are stu asking them
selves whether TIVE widow secretly dis
trusted them or whether the |tinancirr
before his death cautioned her against
them or whether ~" merely
seized upon the opportunity to r'alz"
uIuu her Investments while the mar
k,t wlS hiah ana strong.
The problem is st,l unexplained
The widow had merely changed her
mind" without saying a word 10 any
one. Il was fortunate that she lid
So. FIR circumstances later compelled
tl, railroad company To- reduce the
dividend On its stock. BY her .ndc-
pendent action she saved her fortune.
Their is only on" woman who ever
attained distinction as a %tinancler N
wall street and an operator in stocks,
aul she moreover occupies the anoma-
l.uS position If owning "A railroad.
Mr.. IIctty Green j. ~undonahly the
greatest figure in the financial world
Of this country that American Woman
KIND has Vet produced. In one ear
she made sl2io.0Oo lay jud.cious pur-
chiscs and sales of United States Gov
crnmcat bonds. a form of speculation
wh.ch requires the wiScst foresight
and the koen"st sense If values. She
a., one tim" conducted "A mastery ma
u.pulatiuu 81 the stock Of the Luuis-
vile and Nashville Railroad in which
she accumulated a profit Of several
hundred thousand dollars IN a few
months.
But she is the great exception.
Woman has successfully entered
literature journalism, trade, she has
won fair success in Law ana medicine.
What ar" her futur" prospects n
finance? II j. not improbable that in
the present mutation of its w for
tunes Wall street is uncunSr.uus,y re-
adjusting it's views of Noman'S ways.
.Nud also il may lo that We are wit
Messing an alteration in woman's tenn
p,ramrutal Viewpoint So hat in time
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