. Wall Street guide/. Bedeutung für diesen Begriff ist nicht weit fromits ursprünglichen Bedeutung entfernt. Es war ein trauriger Tag für Drew, wenn Jay Gould becameprominent in der Wall Street. Letztere bald WALL STREET GUIDE. Ihn von der Erie board, nachdem der Onkel Danielstroubles begann, und er war fast bei 18 C8. Einer seiner berühmtesten Exploits in Betrieb waswhen er anscheinend in Erie wurde durch apool welcher Börse ruhig akkumulieren in die Enge getrieben worden war ruiniert. Hesurprised Ihnen durch das Werfen von 58.000 Aktien auf themarket, die er durch die Umwandlung von bondsunder Eine alte Lücke in der Charta der Erieroad erhalten hatte, whi

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. Wall Street guide /. meaning for this term is not far removed fromits original meaning. It was a sad day for Drew when Jay Gould becameprominent in Wall Street. The latter soon ousted WALL STREET GUIDE. him from the Erie board, after which Uncle Danielstroubles began, and he was almost ruined in 18C8.One of his most famous exploits in operating waswhen he was apparently cornered in Erie by apool which had been accumulating stock quietly. Hesurprised them by throwing 58, 000 shares on themarket, which he had obtained by converting bondsunder an old loop-hole in the charter of the Erieroad, which broke the stock from 95 to 50, wiping outthe broadest margins and putting a whole army ofbulls to utter rout. Millions were lost or won in aday in this deal. Drew was despised, feared, andrevered on account of this unparalleled achievement. WILLIAM H. VANDERBILT. William H. Vanderbilt was not a Wall Street specu-lator in the true sense of the term. He was more ofan investor, and his investments had always a healthy. WILLIAM H. VANDERBILT. effect upon the market. His first experience in rail-road matters was in connection with the StatenIsland Railroad, thirteen miles in length. The roadhad been mismanaged and was deeply in debt, andthrough the influence of his father Wm. H. wasappointed receiver. The Commodore undoubtedlywanted to find out by this experiment if his son hadany capacity for railroad management. In two yearsthe entire indebtedness of the road was paid andthe stock, which had been worthless, rose to 175.After his marvellous success in this experiment, his father made him vice-president of the Harlem Rail-road, the stock of which was then selling below 10, but in a few years became one of the most valuablerailroad properties in the country. The Commodorewas so highly pleased and agreeably surprised at hissons management of the Harlem road that he madehim vice-president of the Hudson River Railroad also.This great executive power Wm. H. manifested inevery successfu

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• bookcentury1900
• bookdecade1900
• booksubjectstockex
• bookyear1902