| Show WALL ILL ST STREETS TYPES I How Denizens of the Pit Loot Look And Act When Playing SOME ARE SUPERSTITIOUS Jhc Strange o Mm en Are Aro Thai lee Track ack Polk finnie More 1011 l vio I mault The observation and anal Imagination 01 ol at Dickens did 11 nt flat conjure up suck such curl curt title OUR Oi characters as ono cain may filial In Wai Val street In the customers rooms o ot ol brokers broilers In lii tha th lie back rooms of ot bucket shops In the doorways mind and on thi te pavements of ot New street In tim the cafes cates restaurants and ll other haunts of those who wh chase th J elusive dollar dola bust busi business Here hero is n I t brokerage firm doing the theVan theVan theVan ness ne on the tIle flock exchange says Van Van Norden Nordell Magazine one member or ot perhaps two active on the board hoard an another another other looking out for tho tItO olce re me requirements There In isa II a comfortable customers room with stock tickers easy elsy chairs gossip tickers and tuni on the lie table literature of oC a n kind hIatt calculated to Interest anti and entertain tho the casual way wayfarer farce farer or customer THE TilE OFFICE OFFIC TYPE The office member Is genial genini plans lb ibI confidential full Cul nf of wise saws untO and Ind ot of Importance exuding knowledge ot of o prospective movements I clear as aK to the significance of or the news i and an reluctantly Intimating by hit his very denials and liln Ilium hil hesitancy that he Ito Is In Interests close communication with wih the tie big bis Candor situ enthroned on Ills hit tore fore forehead head there sil Is a 3 total disregard of ot Holt Interest In his advice and in fat hi his pocket Is tho the memorandum for his hit margin marin clerk cIerI showing how hol much fur further further ther thor leeway his hia customers may ma have before he lie calls cal I them The host best typo ot of omee man Is the thu one who can cn keep full margins at act the tho some sarmie time impress ful his clients with wih the belief beleC that ho he hf Is the earthly manifestation of at their guardian angel TIlE THE WESTERN SPECULATOR nul tho the customer himself lIs Is tin tite moro moore morl Interesting type He lie has hn many varieties te front from the thu 11 top hat and frock coat of ot the tho th pseudo plunger to the com oom commonplace slouch and bourgeois tweeds of oC the tho man Inn Recent years have havo seen len tho the advent pf Qt tho the Western Veler speculator spectacular in his stock market op orations which are aro but a variation ol of oChIl Ills halt hIl other fount forms of gambling firm li In Iii his own belle belief that ho he Is a u power In Ir Inthe the tho market kept before that tho public b by bythe the voicing of oC his own tion and under cover coven of or o his flimsy rep reputation ton for tor and anal square deal dealing dc lug ing IlEr earnestly earnesty and assiduously looking out omit for himself even at it l the tho sacrifice of his hi Intimate friends THE TIlE GAMBLING TYPE Then there thero Is II tho the gambler the own vol or oi n at r UI own 01 gi I financial You Tau can find him laim In the tho district Invariably a loser lIe He does doca not take his hi losses easily eMI Profanely he h consigns the game gamo tc to bin ho comes back hack Luck goes foes against him him he ha loses heavily lu ho borrows lotes again arid and again he be Is U tided over Ho lie retires beaten but hormes lit ho debts and comes back again to pay pay his lair renew tho the game gamo game Akin to him hint Is IB the tho horsy hors trader truer sometimes vague alIO mostly most vulgar whose lucky luclo plays and amours an are hut his choice topics He lie will trill wi tell tel you Ol confidentially when a 1 stock has haR ad advanced ld several points how he lie land had n at 1 tip to buy It before beCore the tho advance No Nc Important tp move moe catches hlll unawares anti and hit his hil prescience after the tIme fact Is wonderful TEll TEH CHART PLAYER YI n In Itt there anything quite so Interest InterestIng InterestIng 11 He has a note nole notebook notebook Ing log as its the tho chart charl player Ie hn n book bool UI In which ho Ito Jots down each day by means ot of diagrams the thc fluctuation In certain stocks He lie speaks In a mysterious way of ot tops natal and double bottoms tells you how It Is lit certain that when n a lelH stock crosses tho the high price of a I pre previous Ious upward movement It Il will wi score a 11 further substantial advance The ho chart Is positively an un oracle to him hint It Jt Is ts true tre for there are aro few tew who thus keep a n record of Fortunes l pranks who show any many outward and III visible signs of ot f favors SOME OF OP TIlE THE THE SMALL FRY There ore as IL many many distinct types among Tere thIn tho smaller fry fr There Thore Is the exceptional typo type the tho free Creo handed who playS for tor tho the excitement It affords occasionally wins but takes It for granted that tho that balance will willbo wi bo ho on oma the tho debit side at nt that th end of ot the tho year Ho Ira a III IH the that prey pro of ot those tho Q who haave schemes ot of all 11 kinds to promote the lie of ot tender o solicitation on the part of ot brokers who see seo big com coot commissions commissions missions nu In ut his hil disregard rd of ot conven conventional conventional methods and lack of ot conserva conservatism hum Then Titan there Is tho the typo type who Is unknown to tho the public who trades heavily and anti takes either r his hlf losses lo or hll his winnings without comment Usual Usually ly iy ho Is in a I close observer of ot conditions und Raid In touch coso with wih tho tue big In Interests Interests THE WEALTHY A variation of this thin typo t o Is It tho thu trader who In IH Identified with som 1111 or security traded In lii on ou th that Ihn hoard He lie ha hll hats many accounts account tint but ho h Is lit secretive and shunt sharp wilted He le will wil promise e anything ho IH lit Il ev eat 08 conciliatory and nd a n 1 good fel Cel ow nw to tn newspaper men ilten an alil ho lie 10 is 18 al tl vatys at It pains julns to tt e over any Iny vi tor or who can cain eclo him hint nut lOut It Is hat II an nn omu typo tIO tIle tho kind that HUl white whit light history anti and the has of at whose who e name cute with wih any nat In Is If enough to blacklist It In he tho e cyns eol nat of or dealers POLITICIANS ARK ARN IS In politics seems scents to learn atoll to the Imo hue of Wall Wil treat total and timers thorn thurl art aro lra dozens of ot II n 0 tIm tho thC financial ul district dl that number among imong their customer customers men mel mn mt who ar Aria i clo rame pune I with wih the tha political And Amaul Alel it IH lit II rant not your OUt ward politician your our district leader nor Mr your our director of if it tile tho machin that Ih part nt of this particular co ca 1 erie orle of ot speculators Homo Hattie of thorn them are Arc In II thu Ihu legislative councils some lre ire tern start and In lit II pub 11 lu li la ho q v w others otherl tire are namo lao to 10 wih land wimp when public functIons are ara In Inland lr OP 01 01 A i Ono On man who whit wua at itt II ono one 11 vory very mich mich naich In tho that public oy nyc i to 10 whom waua WIl curtain c government work of ot Importance p nt much of hits his lane Ime In imi a n brokers othlee In the cal ml luil He Ito Jo was wan wal a n favorite In tha lao Je lust U o and mind series of pt ketches which good lne ami In Id from frol to tn inline Il Imo line and ami his h y it admirers admirer pic plc turo him with wih a halo N fondles Cle to In say any he wan iVAN vory nry ry human I nd liti stocks Blocks I d 4 him hInt Ho iOta Jl wa Wil was u n ui 11 i nt at u I times time whim the tho fever rever el t 1 halt ilm II taut ut at ut other oilier lutes i ho Itt hI WItS WN to so cn con can that he hc practically purchased hut his hIl stocks outright When Ito 10 wan Wi deeply Interested In Iii II the time market ho Ito h wIts was lS brusque to the Ihn point of oe rudeness nt at other otho times ho lie was tans mild matild mid and att cau U able ns nu June weather He lIe was WIH tau Known l to a n dozen newspaper men hilt but no Ho 10 word of ot his the lie reached tho tint pub presence In II street 11 lie le Lot Let Lt It bo be Ie added alto also that tho the work him was Wil completed In iii II a most mos thorough manner but hit what a JI storm would olid havo been leen raised rained had some ono one tho tim facts aids Secrets are aro uro well wel kept in II Wall KOI me meTHE THE UNKNOWN DABBLER rt Other mon men In the political gamo Kamo tire IlO more mor and amid their orders or ol arc aro placed 1111 it by hV private telephone their accounts simply carry a at I number and anal the tho clerks cork corkIn In tho thao omea do not lint know Imo whom tho the represent One Omia of or tim the very verj crt real Tal characters character In lit Inthe II the financial district Is I the tho ho profession professional al xii operator Ho Ito 10 plays 1111 first violin In lit tho orchestra of at tho the big blA Intel ests Some Sometimes times h Iii ho causes CISI discords but Iut nowadays he lie Is ts usually found In itt JI thorough accord with wih his director TIlE THE PROFESSIONAL The Tho ho real rell professional has largo large re resources resources sources either lhor cash Ch or credit credi Ho lie e mak Inke n na a ft study stud both of oC actual natal anil 1111 technical conditions and 11 rarely docs aloes ho lao stand for punishment If it ho Ito find his blat 1111 deduc deductions wrong It I is ls curious but blat never foyer nevertheless a at 1 fact that the tho best bent belt of ot the tho pro pie professionals professionals arc aro II more accurate In their reading of oC tho tite market from from m the tape tactic ll than they the aro are In determining Its character when they the take tko their places a aon on tho the hoar floor Hor of ot the tho exchange HOW HE lIE Hl PLAYS Somo of tf t them possess peculiar pow post powers powen poster er ers en of ot divination apparently that enable en enable able ahle them to read red the tho lie tangled figures of ot tho the tape tho Ito subsequent movement of a stock Seated In a at I brokers ottlee o they the tho use only olly their calm calm JI tacIt hut on than tho floor they the are aro Iro a center centor of operations complicate Interest their own cate the time market marlot and the tho egotistic egotism that thatis nt is innate In Itt II every overy operator Impels larger plays than he would ordinarily make Your professional docs does not for Cor long iong lon pull he plays 1 i ly I play pIa a at pul hO good quick lIlIck turn tur and mind frequently when he appears on Iho tiao floor It Is merely merly the completion of ot his plan lahan to realize on the operations begun In lIt 1 several broker brokerage brokerage age he Ite IK lat I vigorously bid bidding bl ding dumag olec for Cur stocks keeping It strong by his itt purchase and anal the sentimental In 11 flur E of oC hut his apparent position his hlf 11 lure are distributing dl his blat hi hold holdIngs Ings lOgs At the limit end eld ot of tho the day ho he may maybe mi mat be noted as iK a a n big buyer of a certain security 1110 ns nit ni a I matter mater of or fact he h hhas ho hohM has hM disposed ot of all 11 hIs bitt holdings holding CLERGYMEN MOST GULLIBLE The Tho trite truo professional is lit essentially a free freo lance big hiS enough to handle heavy hine of 1 stock wise enough to toke ke kep p his hits own counsel coun 1 anti and seldom or never foolish fool h enough to attempt to an antagonize 1 the tho financial hierarchy that flint controls the Iho lubricating oil 01 of tock stock speculation Among Amon traders In Itt 11 stocks stocka the Iho most gullible are clergymen For Imor sonic soma reason fason or other ther they that thatIs Is lit some of at them thor swallow any kind of oC bait halt offered them bean Possibly It Is lit their abounding faith In human kindness |
