The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-05-31

He prospered amazingly Answers came to him
from furniture dealers on Fourth avenue and dairy
up the state and fruit growers in Delaware and
factory workers Massachusetts and electricians
New Jersey and coal miners in Pennsylvania and
shopkeepers and physicians plumbers and under
takers in towns and cities and far. Every
ing Gimartn teIegraphed scores Of peope-at their
expense-to SELL and to scores of others to buy the
same stocks. And he claimed his commissions from
Little by little his savings grew. and with them
grew his desire to speculate his own account.
He met Freeman one day in one Of his dissatisfied
moods. Out of politeness he asked the young cynic
the universal query of the street:
What difference does it make what I think?.'
sneered Freeman, with proud humility I'm nobody"
But he looked as If he did not agree with himself
What do you know" pursued Gilmartin. notify
Il know enough to be long on Gotham Gas jus.
bought 1000 shares at $50" He really had bought 100
what on?p
"On information got it straight from director
to secrecy But. for your own benefit III just tell
to buy all the Gas you possibly carry. The
last night and they almost ready to spring it
the public They haven't got all the stock they want
When they get it, look out for fireworks
Gilmartin did not perceive any resemblance be
ingIy, though ashamed of his timidity;
The stock seems pretty high at 1S0'
You won't think when it sells at $50. Gilman
tin. I don't hear this; I don't think it. know it"
''AT1 right I'm in quOth Glmartin. jOvialy. and
bought 100 shares of Gotham Gas at S1S5 per share
Also he telegraphed to all his clients to plunge in the
stock
1t 1uctuated between 1S4 and 1S6 for fortnight.
Freeman daily asservated that they were accu-
muiatng the stock. But one fine day the directors
met agreed that business bad. and. having sold
of their holdings, decided to reduce the
dividend from to per cent Gotham Gas broke
II points in ten short minutes GliInartln lost all ne
had He found it impossible pay for his advertise
The telegraph companies refused to accept
any collect messages. This deprived Gilman
tin of his income tipster. Griggs had kept on
specializing and lost all his money and his wife's
a little deal in Iowa. Midland All that Gimartin
could hope to get from him occasional invita-
ton to dinner Mrs Gilmartin, after they were dis
possessed for non-payment of rent left her husband
and went to live with a sister in Newark
His clothes became shabby and his meals irregular
always his heart as abiding inventors
faith himself there dwelt the hope that day,
somehow would strike it rich in the stock market
One day he borrowed s. from man who had made
5000 in Cosmopolitan Traction The stock the man
said, had only begun to and Gilmartn believed
bought five shares in ''Percys,' his favOrte
bucketshop. The stock began to rise slowly, but
steadily. The afternoon "PeTcyS' was ralded-
Gilmartin fingered about New street. talking with
other customers raided bucketshOp, discussing
whether not it put up job of old Percy
himself who, it was known had been losing money
went away length Gilmartin left the ticker
district. He walked slowly down Wall street, then
turned up William street, thinking Of his luck
He had his fare. Then he remen-
bered- that had eaten since breakfast 1t did
him no good to remember it He would have to
get his dinner from Griggs in Brooklyn.
Why" Gilmartin told himself. with a burst Of
curious self-contempt, 4 can't even buy a cup Of
coffeei"
He raised his head and looked about him to find
how insignificant a restaurant it in which he
could buy cup Of coffee He had reached
Maiden lane. As his glance up and down the
north side of that street il arrested by the sign