A SUDDEN RISE IN FORTUNE

Lake Wakatip Mail, Issue 1524, 26 March 1886, Page 3

A SUDDEN RISE IN FORTUNE

So many stories are told about the rise of men in Wall Street, New York, that they seldom attract t.s much attention now as they did years ago, when speculation was carried on with caution. One of the most amusing specimens of Wall Street men is to be seen every day on his way to the " street" in a brougham of his own, with a magnificent team of bays and an English coachman on the box. Within the brougham sits the speculator leaning on his cane and looking thoughtfully at his well-gloved hands. He has a pale and almost effeminate face, and his manner is reserved and austere. He is very much more exclusive and elegant in the matter of his personal enjoyment, 24 years old, and in deportment more dignified than Mr G-ould, Mr Connor, or Henry Clews—most of whom go up and down in the elevated, or in yellow cabs. This young man had charge of a certain department of velvets in a firm on Worth Street, and made all the way from sls to 825 a week. He lived in a boarding-house on Twenty-second Street, on terms of special friendship with the landlady. His father had performed the marriage ceremony for the landlady in earlier years, and she kept her eye on the clergyman's son and fed him dutifully for eight dollars a week. He had often " played " the bucket shops and often made very tidy little winnings. The landlady had raised 4000 dollars during her many years of keeping boarders, aud was about to devote it to paying off a mortgage on her house when the solemu little clergyman's son succeeded in persuading her to invest some of it in Wall Street She was a cautious woman, and agreed to let him have 200 dollars every Monday morning for five successive weeks. This is not a great amount of money, but he happened to catch the market as it rose, and he is with it yet, His profits the first two weeks were enormous, and the landlady threw all of her money into the pool Now be is living in bachelor's chambers in the Cumberland, dines regularly at Delmonico's, and lives in a state of magnificence suitable to a millionaire! The older Wall Street men are immensely amused at the spectacle, for they say that a single slump of the market will wipe him out of existence as completely as though he had never lived.— Brooklyn Eagle, ____ mmmmmm _ mmmmmmmmm