A BOY SPECULATOR.

Thames Star, Volume VII, Issue 2131, 2 November 1875, Page 3

A BOY SPECULATOR.

The New York paper contains an account of the extraordinary career of Charles Kuchel, the Californian "boy speculator," a boy of nineteen. Kuchel, who was without capital or available means of his own, operated the stock market on a scale scarcely inferior to that of the " King of the Cpinstock," or the chief magnates of California-street. This adventurous and enterprising youth, a mere broker's clerk, with no capital except his native audacity and craft, actually rivals in the magnitude of his stock transactions the veteran millionaires who are popularly supposed to control the market, make corners, and send stocks up or down according to their pleasure. His operations thus far ascertained during- the first two weeks of last January amounted to 150,000 dollars, while during the months of May and Juno they figured up to the incredible sum of 840,000 dollars. His transactions from the beginning of the year to the 21st July amounted to over 1,100,000 dollars. But these figures, strange as they may seem, only cover his sales and purchases through two brokers. He is known to have also operated through others, and the full extent of his stock

dealings has "not yet been ascertained. While carrying on business upon this magnificent scale young Monte Christo lived like a prince of the bluest blood. He drove high-spirited t-otters on the Cliff-road, and is said to have been the owner of no less than three dashing double teams. He was gorgeously apparelled, fared sumptuously every day, ancThad the best of everything going that could be obtained for money. Only :a_fcw weeks ago he sent his mother and sister off upon a European tour, and his main solicitude when arrested seemed to be leit they should hear of his disgrace.'