Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image

MiscellaneousANNUAL LICENSING MEETING, TAIERI DISTRICT. A GENERAL MEiiTING of the Justices of the Peace, in the Taieri District, will La held at the Court-Houss?, West Taieri, on Tu"Gday, the 19 th d;y of April, 186 i, at eleven o'clock in tiie forenoon, for the purpose of taking into consideration applications for Publicans' Licenses, in accordance with the provisions of the Licensing Ordinance, 1847. Session 2, No. 12. Applications must be lodged with me, on or before the sth cay of. April nexr. JAM MS i'ULTON, R.M. Resident Magistrate's Court, West Taieri, 14th March, 1864. slaughterhouse licenses, Taieri district. A SPECIAL MERTIVG of the Justices of . the Peace, in the Taieri District, will bo held at, fh° Court-hou?e, W<st Taieri, on Tuesday, tho 19thday of April next, at twelve o'clock noon, for the purpose of taking into consideration applications for Slaugh'erhouse Licenses. Applications in writing, describing the premises intended to be licensed, must be lodged with me, ten days before the above mentioned meeting. JAMES FULTON, R.M. Resident Magistrate's Court, West Teieri, 14th March, 1864. "PROVINCIAL FREEHOLD LAND A.ND BUILDING INVESTMENT SOCIETY. Shares, £60 each. Entrance Fee, ss. per Share. Subscripton, ss. per Share per Month. Redemption Money, 10a. per Share per Month. Transfer Fee, 2s. 6d. per Share. President : A. Chetham Strode, Esq. Vioe-President : C. P. O'Rafferty, Esq., C.E. Trustees :jj A. Chetham Strode, Esq. Alexander Cairns, Esq. Treasurer : Mr Percival Barker. ISoi-icitors : Messrs Howorth and Son. Bankers : The Bank of Otago. Manager : Mr Matthew William Hawkins. Applications for shares and for further information to be made at the Temporary Offices, Messra M'Aslan and M'Lean, Agents, Pi-inces-street.

• Nkw York SiooK-ExcBANGE.—At the left of the President (that handsome Hebrew, Henriquea) there is seated at nearly every session of the public Board a dignified and sedate, but shrewd looking man of, perhaps, fifty years, whoiP face, seldom lit up with the least expression, is closely scanned by every member of the Board throughout the stormy session. But the effort is fruitless, for his most intimate friend cannot discover from his face whether—when he bids -he wants to buy or is watching his chance to sell. He often offers a thousand shares^ at a loss of as many dollars, merely to fix a price at which he can buy 5000 shares back again at IO,OUO doll irs profit. While the rest laugh and jest " the Governor" preserves his statuesque appearance, as though a smile slid in a sin, or a joke would cost a fortune. Of such stuff is the father and creator of the public stock exchange made. There is something truly Napoleonic about his •' grand, gloomy, and peculiar" position as he sits there "wrapped in the solitude of his own originality " He can scarcely move or speak without affecting in one way or other the price of the particular stock at the moment before the Board. If "the Govenor" buys, the inference is that it is for a foreseen rise; if be . sells, a ru*h is improvised to stand from under, fer ihe great Tjconn is "getting out." He came to New York, a country lad in search of a clerkship, in 1834, having a few hundred dollars in his" pocket. The following year he entered a wholesale dry goods' store on Pearl slreet. He began at the bottom, did the sweeping, stoking, and bundie-carryine, but f r all that became in four years a partner in the firm of John Steward and Co., a house well known as among the stanchest < f our old time jobbing firms. For five yeara he remained a partner there, and then launched out in a new concern, with 50,000 dollars capital, to sound the depth of that untried sea the Texas trade, rive years' experience and the loss of both profits and capital satisfied him ; he, therefore, in 1850, crawled out of the ruins and with not over 600 dollars in money, embarked upon that other sea of trouble!?, Wall street. He hired an office in the rear of Jacob Little, who was than in the zenith of his fame, depositing 250 dollars in bank, and buying a 10s table for furniture, he opened his first accounts in the back part of some old day hooks and ledgers, left over from his dry goods' days; and in less than nine months had climbed far enough up the ladder to have borrowed a million and a half on call, the collaterals for which lay with the banks whose money he had used, 'in October, 1853, in such illustrious company a 9 Jacob Little, our adventurer touched bottom, chiefly snagged by the effects of the Schuyler fraud. He was able, however, to pay every dollar of indebtedness and to retain, as he always has, his high character among the moneyed men of the street. For three or four years or more he struggled along in a small way in a William street office until his health gave way and his finances, like the retired physician's "sands of life," began to run very iow. From 1857 to 1859, he occupied himself with fighting the tiger of rheumatism, meanwhile expending all hi 9 means of support, until, reduced to desperation, he borrowed a thousand dollars on his life insurance policy and started for Florida in hopes of regaining his health. .Returning with restored health in April. 1860, " the Governor" again essayed life in Wall street. Ever since the war began he has bought largely whenever a military reverse occurred ; has done a business which required his check.! for two millions and a half daily ; has owed as much as 18 millions at a time, and frequently has owed for weeks together six millions, always planking up satisfactory collaterals, and never overdrawing his bank account nor turning a cold shoulder to fellow operators who needed help. However sbort at times himself, he could always lend to others. His operations have been heavier and more widely extended aud varied than Jacob Little's ever were, and those who have watched these operations and seen purchases of Pacific Mail at 66 (now at 235), of Pennsylvania Coal at 78 (now 168», of Harlem at 3J (since sold by him at 130) of Buffalo and State Line Stock at far below par, and which he now holds by the ]000 shares at a valuation of twice or thrice its cost— those who have seen all this and much more of the same sort, are now open-mouthed with wonder that A. Q Jerome has in less than three years made himself a real millionaire on a capital of less than 500dols« It is a remarkable fact, moreover, that speculative stocks do not form any part of his pressat fortune, that species of propsrty having been worked off, as opportunity allowed, at higher prices than now rule. —" American paper." Another Dfinieh alliance is talked of. We believe, says the " Standard," we may announce the intesting fact that a marriage is in contemplation between His lloxal Highneas Prince Alfred and a princess of the house of Oidenqurg. A curious illustration-of the severity of the frost oc urred at Grautown, the other day. Mrs Macintyre, in going out to feed her poultry, missed a duck. A search was instituted, and between the burn and the house the bird was found frozen to the ground. Hot water was obtained, and the poor creature released.—"Edinburgh Courant." Genuine Aristocracy.—The landed gentry of England have been censured for pride of birth, and the farmers for clownishness; out the fat cattle show warrants the former in boasting of their stock, and also attests the latter's good breeding.—" Punch's Almanac." . Chesterfield's Advice to his Newly-married Sou. . —Never interrupt* ladies when speaking—you may hear of something to your advantage. If there is any exception' to this rule, it is perhaps where one of the interlocutors is your mother-in-law.—" Punch's Akaaaac."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18640322.2.4.7

Bibliographic details

Otago Daily Times, Issue 705, 22 March 1864, Page 3

Word Count
1,306

Page 3 Advertisements Column 7 Otago Daily Times, Issue 705, 22 March 1864, Page 3

Page 3 Advertisements Column 7 Otago Daily Times, Issue 705, 22 March 1864, Page 3

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert