The Red Cloud chief., 1888-11-02

~. ~ George and Ethyl, and
BY the excellent economy Of his wife and his
patient industry aud self.dcnial In the
matter Of bccr and cigars, tho hopeful pair
had succeeded In putting $500 into thc sav'
ingS bank. which Il WAS tho young wife's
dream 70 have presently 90 into q pretty
homo. Her hope mover ~fHltcrct. but Johns,
70 must ~ confessed, sometimes did. II
seemed very slow and very hard work u
save money out Of . salary Of ei5 \ weCk and
support . family besides.
John got u thinking that thcrs must he
faster ways Of getting on In tho world.
About this tlmo the stock market began to
attract his attention. He spent odd mo
mentS In reading the reports from Wall
street, and found II quite intoroatins 10
compare tho prices Of tho leading stocks
from day 70 day and note their fluctuations.
A New York paper published Rdiagram Zach
month tracing tho upward AMI downward
course Of stocks for tho month preceding.
which. II seemed 70 John. threw o great
deal OF light on tho subject, In tho course
Of two Or thrce months he fanc,cd that
he had discovered = kind Of law which
seemed 10 operate with . certain degree
Of regularity, and believed he could deal In
auch . way ~ to make and not loss. II
happened that at that particular time stocks
were tendinR upward end had been for some
months. All the talk from Wall strcot was
"bulllsh." II was said theirs was . practical
certainty that stocks would be higher. Tho
argument In support Of this Wow seemed to
DO conclusive. Never before had stocks
hecn 10 low In comparison with real estate
md other values. John Luddington looked
into the matter, read tho tinsnclal parors,
la .~~l.A- 49,. Aha ta,t.... AL A.. 100
he studied 1t tho moro satisfied no became
that there was money In stoc.lS II one Opar.
atcd with caro- aud intelligence.
He concluded nj length 10 try II In Q ANAL
WY. Ons day when he was out for his
MOOT lunch, he went u the bank, drew on,
40 and hurried TO small exchange" with u
very largo nNmo-onc Of thOso establish.
suents that ore known In common p~arlanc.
~ ''buckct shops." although he tried 10 con
zeal oven from himself the fact that II wa
auch an institution that he was %Istronising
He tried 10 exhibit tho GOODNESS OF u veteran
operator hut the effort was Z failure. II,
was II U tremble Of suppressed exclteMent
HO had settled upon Northwestern Tor
trial effort and hastily scanning tho black
board whore quotations were marked. will
hia head oil In y whirl, he hastily went vi
3 the dcSk and loft mn Orler for h put
chase Of twenty shares Of that stock.
'Common or preiorrcd" WA the promp
inquiry Of the clerk In charge - he glanco
ct tho memorandum.
John had becn contemplating common =
stcudily that he had actually iguorod tn
existence Of some twenty mulioAs Of prS
ferred stock Of the r0ad and was n0npluase
tor Q moment. The Obllging young INA
hclped hin, out.
II suppose you mean cornmon-thc scttv
stock. do you mott" ,
John admitted that tina. was what he no
made up his mind to buy.
.sHow much do YOU wish to dsposit!' ",
the next query.
"Fifty d0llars," aaid John. and the none
was plsnkcd on the counter. Ho had u
mind 10 put up the ordinary dollar . sha,
margin and have u swept away II the ma
Eet should happen to fall Q single point. Il
would margin for two and q half polutA ar
be ssfe for . little ''shSke up" ut least. II
clerk looked Q trifie surprised hut took Il
money and gave him the usual memoranda
OF such t1ausactiona.
John LuddlugtOn did not sleep well tn
night He had . secret In which his 10y
llttle wife wis not TO share, q new thing {
him, But he had determined that she shOu
not know Of this transaction. II the 70
turc were successful u would be . plessa
surprise 70 her: II otherwise. . kuOwled,
Of II would only cause her uanecesss
anxiety. ~
II was with Q feeling Of apprehension tn
he picked up the belated paper x moi
ing and turned Arst 70 this stock mark,
Had Q Arc burned up Chicago daring d
night b would not have st0ppcd to NJ
even the heodlincs until he had seen VIII
the bulls md 6ears Ia Wall street b,
done the day before. His pulse be
more calmly when he Jaw that Northwe'
ern had not declined and read the cop6de
predictions OF the bull brokers that I
naskst was '.stroug'' aud would certain
chow . viss. Vet he felt feverish all I
forssoon end strangely anxious 70 knl
what stocks were doing. He could wi
Aifncvlty c~encentrsts his thoughts on I
WoeG, thlnkin9 oae moment what be rig
maks aad fearing the next what he mig
loss.
when twelve o'clock came no did not Of
20 lnnch but hurried first 10 the ''exchsnge
Which b reachsd, - on previous ooossioI
~ soinsS Through . hotsl entrance and CO
lA9 u hon tAs PeaR. Bc he'd not yet \
- seil.vespect wi 1cienNy 70 enter bob
ehgoagh The troat door. With M-coucseI
ssgvsusasss hs ~aeveesehsd the blsekboI