The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1867-05-30

again. say done, ana III OH.
Ard off he went, leaving Charles no
time to put in a word ..t3Ca4
Two hours after, in walked Mr. How
sunder, evidently not in the best Of tenn
per. .1&k "a X EM&<
Really, sir, he began, you have taken
me by surprise. That house is quite in-
dlspensible to me, Reckoned on it as if
it were mine. and only offered eighteen
thousand dollars because the owner Is
embarrassed, and felt sure that be would
be obliged to take that. With you, sir,
the case is different; so came to ask
you if you will let me have it for twenty-
FIVE thousand dollars. -.f
Five thousand dollars dropping all at
once into the lap of the poor fellow who
had to work hard to gain five hundred a
year! Charles was dumb-tounded.
II cannot give you an answer just now,
trouble to call at five, I'll see what can
do. .5sgf s4a4G1 * IS saffsaalesl 1871 SAB
& At a quarter to five Mr.. Hovsundel
reappeared. Charles said to him:
I shah tell you,. sir, that I ha,l nc
thought of buying the house till9tie
owner prevailed on me to dorse.sx Iou
say you want the house; any other will
suit me quite as well, SO I accede to your
terms aas@ 40 y 5-~4fas SIT asssE
You shall have check for the amount
at once, replied the pleased Howsunder,
apparently enchanted with this way of
doing business. I settle with you, YOU
arrange with the present owner my OBJ
ject is to secure the property
A check for S25, 900. Charles wonder.
oil rt Of bo oo,,1I 10 -
deliberation he resolved to ask advice.
SO he wrote to the Boston banking house
of Spelter d Co., who paid him semi
annually the interest of a thousand dol
lars left him a few years before by re-
lative, saying that having a large amount
of money at his command he desired to
know how he could best invest it, and
enclosed the check for $4,000,
The following answer speedily reached
him, proving that the story of, his luck
had reached State street:
Sir-W e are In receipt of your esteem
ed favor of the 18th inst, which reached
US just after the inception OF new move
ment in Water Power and petherick
stock. ID which our firm has an interest.
DESTROYS that our friends should have an
opportunity of participating in an invest
ment which we consider profitable, we
have taken the liberty of placing block,
twenty thousand dollars worth of stock
to your credit Should that amount ap
pear too considerable, the rise of this
stock admits of your selling out at a
premium. We remain sir. yours to com
mand. 'SPELTER IL Co.
To this was added postscript by the
head of the firm:
We have heard with pleasure of the
recent good fortune that has fallen to the
lot of our old friend and correspondent,
and beg to offer him our services as occa-
sion may require.
Twenty thousand dollars Charles let
the letter fall in sheer amazement He
trembled with fear at the consequences.
He at once wrote to the bankers that the
sum was much too large. L have receiv-
ed no money, said, from Santa Fe, and
it will be impossible for me to meet my
enga gements.
An answer came by return of post:
we learn. with regret. that you have
misgiyngs with regard to Water Power
According to your orders we, sold out
half the stock assigned to you, which
brings you in already net profit of eight
thousand dollars, With regard to your
propeI ty in Santa Fe, we are too we'll ac-
quainted with the delays which requests
at such distance must necessarily in
volve to think for moment that you
can be immediately put in possession of
your Inheritance but your simple sigma
ture Will suffice to procure you all the
money you may require in the meantime.
We take the liberty Of reminding you of
the ad antage Of making timely invest
ments, lest. when the legal arrangements
are ended, you should find difficulty in
getting good interest for so large a capt.
tai. With the hope that you may enter
tain, a better opinion Of coal stock than
you do of Water Power, we hand you I,
Of new coal company form
ing among some of our most wealthy
men. You will please to observe that as
calls are only made at long intervals, it
will be easy for you to sell you shares
should you change your mind, without
your having occasion to make any pay
ment We have placed So, 900 to your
credit, and have the honor to remain,
etc.
Eight thousand dollars! No doubt the
clerk had made some mistake in the fie-
ures. Charles position was becoming
Congratulations poured
in from all quarters, especially when he
made his appearance in black from head
to foot. The Daily Gossip thought it
right to publish biographical sketch of
his uncle and the editor wrote to him
asking for further particulars, Ladies
with all sorts of societies beg
ged that his name might be added to
their list of subscribers; and the money
he had to pay for postage was alarming.
10 escape from this avalanche of lnquir-
les he hastily departed for Boston. Cal
ling on Spelter Il Co, he was received as
heirs to rye properly gene ally are.
Sorry that you have sucn poor opln-
ion of the Water Power and Petherick,
said Mr.. Spelter; there has been a
great rise; however, we only sold but
half your lot.
Would you have the goodness to let
me know what the present value Of the
might be?' inquired Charles
Certainly, sir. Petherick has risen
There is corner, if you
sell out to-day you viii, with the proceeds
of last sale, have from $40, 900 to $40.
900.
Very well. You said something about
a coal company, l Think 49,
Yes; that is good thing, and outsid-
ers are hungry for the stock, and the
shares have risen considerably.
Can l sell out?'
Certainly; you hare 500 at twenty Ave
dollars profit: that will bring you about
twelve thousand FIVE hundred dollars
Without any calls to pay.
None yet.
THAT seems strange, but you are no
doubt well informed. | should like to
find secure investment for those sums;
would you have the goodness to tell me
what would be the best?,
You cannot have anything better than
United States five twenties. | know of
nothing more secure at the present price
IF gold you get large per cent. for your