Still Not Too Exciting Except For the Wall Street Witch

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Same story as previous. SPC still doesn’t like severe threat too much with Thursday night Frontal passage. Lapse rates are not good as mid-level temperatures fall with frontal approach. Moisture also appears to not have much time to get back here and we may have numerous clouds for much of the day. I’ll have more later Thursday. Friday and Saturday look to feature scattered showers. Probably won’t see a total washout on the fourth but scattered afternoon storms seem likely. Not totally out of the question for many people to dry out in time for fireworks, but it’s a timing issue both with regards to the weather and in regard to when you have fireworks.

On This Date In History: Hetty Green died on this date in 1916. Who is Hetty Green? Why the Witch of Wall Street! Seems kinda sexist to call a rather ornery rich woman a “witch” when rich old coots might be called “tough” or “hard nosed.” Anyway, she is said to have learned to read the financial pages at age 6. She inherited a million dollars from her father at age 30. At that point, she became quite shrewd as she bought Civil War Bonds when others thought it was a bad investment. She made a mint. Basically, she took her million inheritance and increased it 100 fold. But, she was rather odd in that she lived like a pauper. Supposedly, Hetty married so that her heirs would be her children and not other relatives that she didn’t care for. She kept an office in a bank from which she negotiated a rent free lease. She moved from hotel to hotel to avoid paying property taxes. Hetty had a son and a daughter and when her boy hurt his leg in a sledding accident, she took him to a charity hospital. Well, hospital personnel recognized her and demand that she pay. She refused and decided to treat the child’s injured leg herself. He ended up losing the leg. She forced her children to eat as she did, which was ham sandwiches. Some call her thrifty, others a miser or the Witch of Wall Street. She died on this date in 1916 of a stroke suffered while arguing with a maid over the price of milk!! Can you imagine what she would be like with today’s rising prices?

Don’t worry, The Who may have been aware of the story because the Kids Are Alright. Hetty left each child $50 million. The more famous J.P. Morgan was worth a reported $70 million and her wealth equaled that of Henry Ford. In 2008 dollars, her fortune would have been near $2 Billion.

See what happens when you watch your pennies? She may have been a witch, but she was probably the wealthiest witch Wall Street had ever seen. Here’s a Forbes list of early wealthy Americans.



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