The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-02-07


ct is understood" said Sharpe slow
y, that / am TO have complete charge
of the pool, and conduct operations as
see fit. I want no advice and no
questions. If there is any asking to be
done, I'll do it. If my way does not
suit YOU wen call the deal of right
here, because it's the only way 1 have.
1 know my business, and if you know
yours you'll keep your mouths shut in
this office and out of It.
Each Of you will continue 10 carry
the stock for which he has agreed to
stand in the pool. You've had it a
year and couldn't sell it, and you might
keep il a few weeks mere, until I sell
it for YOU. It must be subject to my
call at one minutes notice. I've looked
into the cOmpany's business, and
think the stock can easily sell at 70 or
so"
Something like a gasp Of astonish-
ment came from those eight hardened
SPECTATORS. Then Greenbaura smiled
knowingly. as if that were his pro-
gramme, memorized and spoken by
Sharpe.
1T is also understood. went on
Sharpe. very calmly, that none of You
has any other stock for sale at any
price. excepting his proportion in this
not to be sold excepting by me-" No
one said a word. aud he continued:
My profit will be . per cent of the
pools winnings, figuring on the stock
having been put in at 29. The remain
ing profits will be divided pro rata
among YOU: the necessary expenses
viii be shared similarly. I think that's
all. And. gentlemen. no unloading on
the sly-nOt one share"
L want you to understand Mr.
Sharpe. that we are not in the habit
Of" began Greenbaum with perfume
tory dignity He felt il was his duty Ia
demonstrate before his colleagues.
ION. that's all right, GreenbaUm. ]
know you. That's why I'm particular.
We've all been in wall street more
than a month OF two. I simply said,
No shenanigan.' And. Greenbaum, %
he added, very distinctly, while his
eyes took on that curious cold, menae-
ing look, II meant it, every Id word
OF il. I want the numbers Of all your
stock certificates. Excuse II. gentle
men. am very busy Good after
noon"
sam is not half a bad fellow
Greenbaum told them, as If apologize
ing for a dear friends weaknesses
He wants to make out he's d devil OF
q cyuic. but he's all right. IF you hu-
NOR him you can make him do any
thing. I always let him have his way.
On the very next day began the his
toricsi advance in Turpentine. II
opened up at 50. The spec.alties brok-
ers who made a speciality Of dealing IN
it took 16, 200 shares, causing an adj
vance to 32Is. Everybody who had
been landed with the shares at high
er figures and had bitterly regretted IL
ever since. now began to feel hopeful
As never before q stock had been ma
nipulated with intent TO deceive and
Sn'al.ce prepense, so did Sharpe manipu-
late TurDentine stock. The taDe told
the most wonderful stories in the world
not the less wonderful because utterly
untrue. Thus one day the leading
commission houses in the street were
the buyers. which inevitably led to tall
Of important developments" and the
next day brokers identified with certain
prominent financier5 took calmly, de-
liberately, nonchalantIy all the offer
ings, which clearly indicated that tbs
aforementioned fnancieTs had acquired