The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-03-18

begin with, and then we shall be in much
better position to handle the rest Of them
if any there are"
"Well, agree with you there, Inspec-
tor" Owens replied. "But we have al
ready tried about every device that can
be thought of, and nothing has come Of it. F."
I'VE have inserted advertisements, and
given points, with a view TO catching him
in some of his operations; but the varia-
tions in the stocks have not been large, and,
as you say, his gains have probably been
small and there were so many brokers on
each side of the market that it has been i'm
possible to say which one of them all was
acting for our man. Suppose, now, that
we go into the thing on bigger scalef'
I'm what wayY'
Something like this. Have you a copy
Of the cipher keyw
Here it is" said Owens, and he took
from his pocketbook slip of paper on
which was written the following:
Bull Uptown
bear OBSERVATION-DISCLOSURES. downtown
western Union............ ............ Windsor
E'le; ....'............'..... spoon
mannatton; ......... ......-.. ....Salvation
Pacific Mail. Observation-Disclosures. ... Concord
New YORK Central ........... ......... Berlin
Lake Onore. e. ExCnhnSe
And so on with number of other stocks,
the proper designation of the stock beng
in each case translated by some arbitrary
word to be used as its representative.
Now what propose is this, " the 1nspec-
tor continued, after glancing over the key.
Select some one of these stocks which is
either well above par or well below it. and
which there Is every probability will re-
main where it is. If it is low stock, adj
wise the fellow to buy for all he is worth ;
and if it is high tell him to sell, aud that
you will bull or bear it, as the case may
be, enough to make his fortune once for all. "
"But that is the same principle we have
been acting on already"
The principle is the same, but the scale
on which it is applied makes it different in
effect. Suppose you take stock at 5O-one
which nobody over expects to go any
higher. Forewa'n your man that you are
going to bull it. He will Immediately order
his brokers TO buy all they can lay their
hands on. Put a trained man on the floor
to watch the building. 1t is 10 to l that
no more than two firns will be buying at
that time: and of those two the one who is
taking in most, and doing it the most quiet
ly, Is the firm that our man dealing with.
When he has got as much as he can hold,
jump in and send the thing ahead with all
tine means at your command, and high
enough to make sensation. Meanwhile,
advise him to sell out wnen it reaches GER
tain figure, as you will n It be able to push
it beyond toat Have your expert on hand
when that figure is gained and the broker
who sells largely then will, | venture to pre-
dict, be the same broker you spotted be-
fore; but at any rate it is dollars TO cents
that he will be our mans broker. The
transaction must BIZ so managed that this
sale will take place at juncture when no
one else will think of selling, but everybody
will be expecting the stock to go higher yet
50 that, no matt r who may follow his ex-
ample in unloading, he will be certain to
lead the way"
THAT certainly seems TO be an improve
ment on anything we have tried hereto
FORE" Mr.. Owens assented; but the stock
market is such an Uncertain thing, and any
thing extraordinary is so apt t. produc a
panic, that the result may not be so clearly
defined as would seem likely beforehand. 1t
is worth considering, too, that, in case of
my hypothesis as to a conspir ICY turns out
to have some foundation, we should have
Aalf a doze or more b okers following II
tip Instead of only one. However. | t link
| know of a stock that will answer the pur-
pose very well just at this time, and will
speak to Golding about it and get his opin.
ion"
This ended the interview; but after the
Inspector and Hamilton had TAX n their
departure the latter inquired whether
pending the cons Iteration of the new
scheme, he might b, allowed to make an,
other effort to pick up some information
about Cunlffe.
How nowf Have you got new clewF
smiled the Inspector.
IAN expedite 1t has occurred to me that
have not yet tried; and as let the man slip
through my fingers don't want to leave
any stone unturned to come up with him
again"
do as you like, )" was the rejoinder; "only
keep me informed of your whereabouts, in
case of any sudden need"