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In times of frenzied gambling on ihe New York Stock Exchange fortunes have been won and lost within a few minutes. Sonic vears ago .Mr Joseph Hoadley made some £200,000 in five i.ninutes. and four limes as much, during the day. at a time of panic on the New York; Corn Exchange, when prices went up 10 to 20 points'at a time. A few months earlier Mr Theodore Price is said to have cleared X, - 11)0.000 in live minutes and JL'oO.OOO in the succeeding half-hour through a sensational n>e in the price of cotton. In an action against Mr Joseph Loiter it was staled that Messrs Jacob Astor. Cornelius Yanderbilt, and Hoadley lost {,'600.000 in a single day in Wall Street. In bis light against the Standard Oil Trust Mr T. AY. Lawsou 10.,t £BOO.OOO within a lew hours on copper; in ISfjN Jay Gould Mas four million dollars poorer for four minutes gamble in gold; and! Mr J. I). Rockefeller was credited some years ago with clearing a million pounds sterling by lcs« than an hour's lucky speculation. An interesting piece of Americacse from the Chicago Evening Post:—"A musical coinedv actress was handed a free ticket in 'Central Park the other morning for the early performance in the Traffic Court. A minion' of Unlaw bad clocked her bitting "If forly miles an hour in her stuuty little mail ster. "What wore you trying t» do?" asked the Magistrate. "I was just trying to seriously split tbe air," she smiled. 'Well, if you did it as well as you split the infinite. I think it is no more than fair that you should split a hundred-dollar bill and leave it with the Court.' said bis Honor. And afterwards the chorine told her friends that she would not know an inlinile il one jumped in her lap.''

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https://paperspast.natlib.govt.nz/newspapers/DUNST19221225.2.13.1

Bibliographic details

Dunstan Times, Issue 3149, 25 December 1922, Page 2

Word Count
306

Page 2 Advertisements Column 1 Dunstan Times, Issue 3149, 25 December 1922, Page 2

Page 2 Advertisements Column 1 Dunstan Times, Issue 3149, 25 December 1922, Page 2