New York by sunlight and gaslight : a work descriptive of the great American metropolis ; its high and low life; its splendors and miseries; its virtu . ts of the Union have theirbrokers in New York, who operate for them in theirfavorite stocks. Everybody longs for speedy and greatwealth, and it seems so easy to find it in Wall win in the golden game, but many more losetheir all. Nine out of ten who thus risk their moneyare ignorant of the street and its ways, and rely simplyon the good faith and sound judgment of their even if the broker is a model of honesty and busi-
New York by sunlight and gaslight : a work descriptive of the great American metropolis ; its high and low life; its splendors and miseries; its virtu . ts of the Union have theirbrokers in New York, who operate for them in theirfavorite stocks. Everybody longs for speedy and greatwealth, and it seems so easy to find it in Wall win in the golden game, but many more losetheir all. Nine out of ten who thus risk their moneyare ignorant of the street and its ways, and rely simplyon the good faith and sound judgment of their even if the broker is a model of honesty and busi-ness capacity, he cannot command success for hisclients; he and they must take the chances of themarket. They are playing an uncertain game. Asudden rise in the market may bring them wealth, oran unexpected depression may consign them to pov-erty. The only safe way for those who wish to getmoney is to keep out of Wall street, and seek a morelegitimate and slower way of becoming rich. But, alas,like other forms of gambling, stock gambling holds itsvictims with a fearful power. They lose once, andventure again, but think that there must surely be a. FORTUNES IN WALL STREET. 351 turn in the tide, and so they go on until they havenothing more to risk. If fortunes are quickly made in Wall street they areJost there with even greater rapidity. You may seemen in rags, so wretched that the Police Station istheir lodging and the bread of charity their only sub-sistence, hanging about their old haunts in the street,watching the operators with wistful eyes, who wereonce high in the favor of the Exchange, and possessedof wealth and good commercial standing. They wereruined by stock gambling. Once they had palatialmansions on Fifth avenue, and were the favorites offortune. Now they have no future, no hope. Theyhave not the moral courage, even if they had the oppor-tunity, to seek to regain their former positions. Theyhave fallen never to rise again. The best and most reputable firms in the s
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Keywords: ., bookcentury1800, bookdecade1880, bookidnewyorkbysun, bookyear1882
