First Edition of Wall Street and the Wilds; Lengthily Inscribed by A.W. Dimock
Wall Street and the Wilds.
Dimock, Anthony W.$650.00
Item Number: 4562
New York: Outing Company, 1915.
First edition of Dimock’s autobiography, including his great success in cornering the gold market, also hunting grizzly bear, buffalo, deer, waterfowl, early wildlife photography, and some mention of fishing for tarpon, trout and salmon. Octavo, original blue cloth, gilt titles to the spine, illustrated. Presentation copy, inscribed by the author on the front free endpaper, “To Melville A. Clark Dear Melville; If one must choose between the wilds of Wall Street and the gentleness of the wilds the wise man will take the woods. A.W. Dimock The Happy Valley Oct. 18,1917.” In near fine condition, with some offsetting to the front free endpaper.
"Wall Street and the Wilds contains the sage of the rise and fall and rise and fall of a Wall Street gold trader, options seller, stock manipulator, developer of the clearing house, pool operator, Steamship promoter, real estate developer of Elizabeth, New Jersey, telegraph line builders, railroad builder, hunter, photographer and naturalist from 1850 to 1915. Everything talked about is totally a propos of current techniques in Wall Street. Dimock was a minister's son born in 1840 who went to Andover and came to Wall Street at 15 and got his start scalping odd lots in insurance stocks. He developed a system of selling gold every 1/8 up and buying it every eight down. He became the Little Napoleon of Wall Street and dominated the gold exchange the way the big grain companies dominate the grain market today, using some of the same techniques. He made so much money that it was easy come, easy go, and he lost it all by guaranteeing the purchase of friends, defrauding by the Goulds during Black Friday, and finally in the crash of 1873"(Victor Niederhoffer).