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Ruined Speculators

Ruined Speculators image
Parent Issue
Day
12
Month
December
Year
1873
Copyright
Public Domain
OCR Text

correspondent ot the Conoord Statesma thvis moralizes on the " lame ducks" o Wall street : " How inany of the onc great mn of this city have I seen brough to humiliation and pecuniary ruin ! Her is Leonard Jerouie, who formerly rulec the stock market. and who during the re hellion made f 1,000,000, now supportet by his wife's estáte, Here, too, were Ja cob Little, and also Anthony Morse, bot of whom were in their time Wall stree kings, who died bankrupt and ruinet many of their followers. Hure is Ec ward Ketchum, the young Napoleon o the Gold Room in 1 865, who has serve( five years in Sing Sing for forgery ; an( here, too, is the defaulting cashier, Tain tor, late of the Atlantic Bank; now awail ing sentence for robbing that institution To these may be added Daniel Drew, th noted financier, who has beeu for 30 year walking up and down Wall street, seek ing whom he may dovour. Also, Alden who became of note by sharp transaction in California. He carne thence to thi city, where Daniel Drew has skinned him alinost completely. Add to these th great bankers, such as Henry Clews & Co Fisk & Hatch, Jay Cooke & Co., anc what an array of tallen magnates is be fore us !"

Article

Subjects
Old News
Michigan Argus