Connecticut western news., 1882-07-12

the market" said the broker, scratching 8 memorandum in his book. He took another order, and darted out at full speed. All the we'll dressed men in the outer office began to take new interest in me. I stood by the man at the tape, and when there came out ''U. P. 100'' at s91" the excitement of Wall street life began in earnest. The previous sale was at 903. The husky-voiced man said, ''U. P. is strong. It's up quar- ter" He looked as though he knew It was my purchase. I tried to dissemble. ''It's going up," ventured to say. He nodded, but there was smile around his eye that negatived his mild encour- agement.
 A dspper young man, very tired look. ing, came in holding to every one but me, and looked at the tape. Then he gave a low whistle. Turning to the sandy haired man, and tapping the tape at the U. P. quotation, he said, with 8 wink: "Best short sale on the list will sell at 75 before it sells at 95. Gan sell you privilege-Sage's-400 shares, put at ss, call at 9S, good for sixty days $3OO." The sandy-ha1red man shook his head.
 sMoney in it, tell you. Couldn't get Sage to sign another for $350. Bet ter take it" The sandy haired man shook his head I began to feel that I didn't have head worth shaking. A boy came out and yelled my name. The voice sounded like court crier's. I tcok from him a moist sheet of note paper which read:
 Ihave this day purchased of - | for your account and risk 100 shares of Union Pacific stock at 91 R.
 That final "R" was a mystery to me. I had no one to ask about it. The boy had gone, and I didn't want to tell my private business to the rich men about me. began to think what "R" could mean. The tape gave the next sale of U. P. at 909, and as knew that l had to pay $25 commissions, SIP. 50 for buy ing and $12.5 for selling, the deprecia- tion of my holdings at that moment showed loss of $50. The R seemed to say Run" and save myself from fur ther loss. The tape showed that on the next sale my loss was $12.5 more, and the R seemed to predict "Ruin." I dropped into a chair and began to won- der whether some trick had not been played on me in buying my stock at the highest price of the day. The vision of carrying that stock for years, as I learned I might do by paying 6 per cent. interest on the money invested by the broker, and keeping my margin good, until I thought the stock might sell down to seventy-fve, as predicted. Then l was convinced that I would never see my pretty little bond again. But that s'R" still bothered me, and catching man with fish eye, munch- ing sandwich, I asked him what it meant. He said that it indicated that the stock had been bought in the regu- lar way. I pretended that this made it clear. But it didn't. I wondered whether, if stock bought in the regu- lar way commanded the highest price of the day, and then began to grow weak and slide off within two hours, so as to make the purchaser loser of nearly S1OO, what would stock do that was bought in an irregular way? began to grow suspicious. Perhaps l had come into the wrong office, and had better pocket the loss and go away, to come again some other day. But con- cluded I would dissemble and try to be gay, like the young men who were com. ing into the office, now that the Trinity chimes had sounded the close of the fiscal day.
 I soon learned that they were all brokers, and my place was with the sad company who seemed to be thinking oi funerals. My feelings overcame me in spite of the forced attempt to be gay, and I went into the hall, where the taciturn speculator stood trying to read his future in 8 dingy skylight which
 the window overlooked. He hoped
 had been making money. confided tc
 him the truth. He gave me look that
 made me think of the story of 8 mar
 with eyes like a gaelic. Then he resumed his study of the skyligtt. ; ventured to predict that he had hai better luck. "l have been twenty year1 ) at this business" he said, snappishly : "and I'll give you piece of advice tha
 has cost me S4O0,O00. If you a1,
 making living at anything go back t. , it, save your pennies, and you will di } rich. Stay here, and you'll want t. } borrow quarter some day for night : lodging. I used to mow with bi 3 scythe. l am cutting now with knif with one blade, and that broken, wa 3 once prince in the street. I wante } to be king. I pulled certain stoc } until it mounted to the sky. It cam l down. went up. I haven't got don [ falling yet. When I see young ma
 coming here feel like taking him b . the buttonhole and telling him to g away as fast as his legs will carry him. ) "Isn't there any rule for the guidanc of speculators here? P asked.
 "Yes everything that goes up mus t come down, except when your are o f the short side. What have you bought t "U. P. at 91."
 = Humph."
 "What do you think of it p
 + stopped thinking in 1873." @ He bolted of, and took his place d read my future in the skylight. A tai n lank, mild-eyed youth came out. E
 was sad, but he smiled, and stopped