The Savannah morning news., 1901-02-17

SNASAuuCo Sudt LOT the present NOuht
hold to the six-ceuts place. After that
figure was reached could then decide
whether or not TO go on for lower
price.
After tea l was reading in the library
when my wife came in and asked me if
could give her some money for a GER
tain purpose.
mot right now I said, but after
little l can give you all you want
Well, sir, you know Mrs. P. If do
say 1t, she is the best woman in the world.
but she has tongue, and she can use it
on occasion. This was one.
20 yes! she said, I know what that
means. That means you've bought some
futures or something and are going to
lose all you've gotv
Then she warmed up to her subject.
l do think there ought to be a law
against you men. Here we poor women
have to toll and slave and have nothing,
while you men go down town and drink
beer and smoke cigars, and when you get
a little money you go and buy some jan
uarys or sell some Februarys and lose
every cent, and we have 20 do without!
| wonder your conscience doesn't keep
you awake az night What are you do
ing for your family? Do you realize that
you have a growing-up family? Your
daughters will soon be ready to come out;
what have you got to give them to come
out on? Look at all the people who got
married about the same time we did.
There's the Browns, just moved into their
elegant new home, and you can hardly
pay the rent on this shanty. There's the
Johnsons, go to Europe every summer,
and here 1 have to stay year in and year
out! There's Mrs. Smith parading the
streets in her stylish victoria, while / am
thankful if 1 have a nickle for car fare!
And you-you don't care Just give you
a book and glass of beer and you don't
care what becomes of your wife and chill
dren! It's a shame, that's what it is!
If just had my way, Td-Td-n
''She paused a moment to take breath,
and 1 recalled an incident related of
Diderot, the Frenchman. 1 got UP and
reached a small volume from a top shelf.
What's the matter?" she asked
sharply.
Just wait a minute, my dear" 1
said. Let me read a short chapter here
from Seneca, Concerning Patience Neces-
sary in Dealing with Woman of a Quar-
relsome Disposition. De patientia--'
Bang!
THE way that door slammed you would
have thought the ceiling would fall down;
and the rest of the evening l had deaf
and dumb asylum on my hands.
THE next morning I did not feel so
confident. / felt that I had been very
reckless, I debated with myself whether
l hadn't better hurry down town and
revoke the order. had gone it too strong
and considered whether I ought not to
make the unit of my operation one or
Two hundred bales instead of a thousand,
or whether / ought not to repeat at each
twenty points instead Of five.
when l got down. however, my cour-
age revived. Liverpool was way down,
and everybody had bearish dispatches. So
l determined to let it stand.
Sure enough. New York opened weak.
August 6.94c, and kept going down, .93c,
92c, Ole, .90c My answer came re-
porting my first sale; l looked at the
.ode and saw the price was 6.94c, which
was all right. / heard someone say Az
gust was 6.S9c, which was the figure for
my second sale, but there was some trou-
BE with the wires, and my report did not
come Immediately.
Il had to go out on the street about
something, and while l was out a telegraph
boy handed me a message. I opened It.
and saw it was the report of my second
sale. The next sale would be at 6.Sfc,
and 1 expected to see the market some
where in that neighborhood by the time
got back to the exchange.
ION my way back 1 met a fellow brok
err Fancy my feelings when he remarked:
The market is reacting some; August
is back to seven cents"
Il hurried TO the exchange; August
was 7.02c. Now I was in a pickle! l
had two thousand bales sold, and the aver
age price, including charges, was about
$500; every ten points was a thousand
dollars, so that my $1,000 margin was only
good to 7.10c. Already ST. 200 was gone,
4 laf to
a telegram, ordering the trade closed, but
felt the loss of $1,000 in an hour was
more than / could stand. Probably after
all the reaction was only a flash in the
pan; in few minutes il would start down
again. / had gone too far now to re-
cede; it was a case of sink or swim, live
or die, survive or perish.
80 l went out to take walk around
several blocks, and as l felt in need of
bracer, 1 stopped to take it at every
barroom I passed, and 1 passed quite
few.
FINALLY I pulled up in one not far from
the exchange, and much frequented by
the boys. Two cotton men were there,
and 1 asked how the market was.
Market is strong was the reply.
Liverpool went up four sixty-fourths at
the close, and closed firm. Last quotation
for August was 7.09c.'
Il took a newspaper and sat at table
pretending to read, but in reality 1 felt
dazed. and sat down to try and pull
myself together and realize the situation.
my feelings can be more easily imae
ined than described ! called myself every
kind of a fool | could think of. II seemed
incredible that J. VINO bad been so eau
tious and prudent all my life, should have
plunged in so reckless and hair drained
venture. With the 5000 gone, my posi-
ton was little short of desperate, for
the season was nearly over. and l had
nothing left to carry my family through
the summer. l recollected the scene with
my wife the evening before; of course,
in a matter OF so much Importance
would have to tell her all about It,
ard 1 groaned within my self at the
idea. You see had given
Up all hope with the market so near my
limit it seemed that nothing short Of
miracle could save me.
while / sat there, a prey 90 my mel
ancholy reflections, and conscious besides
Of a feeling of general physical discom-
fort accompanied by a rapidly increas-
ing headache, Waterman came in and
saw me-
Hello" he said come up and have
something. l can afford to set 'em up
he added as ! Joined him at the bar
counter L have just made a neat turn.
I closed out this morning two hundred
bales, which / had sold a few days ago
with about $500 profit, and bought two
hundred, and l have already about 500
profit in that, so 1 can afford to stand
treat
"How is the market now?' asked,