Middlebury register. (Middlebury, Vt.) 1886-1937, 1905-12-08

iAD EN Eh I AUNI. In IHIs
enough how the wind was blowing, but
II was Peggy's gentle questions that
cut the deepest. There was such hon
est concern in her voice that he could
see how his profllgacy was troubling
her and Mrs. Gray. In their eyes more
than in the others he felt ashamed and
Inundated. Finally, goaded by the re-
mark of bank director which he over
heard, Edwin +. Brewster is turning
handsprings in his grave over the way
he is going it," Monty resolved to re-
deem himself in the eyes of his critics
He would show them that his brain
was not wholly given over to frivolity.
With this project in mind he decided
to cause a little excitement in Wall
street. For some days he stealthily
watched the stock market and piled his
friends with questions about values.
Constant reading and observation
finally convinced him that Lumber and
Fuel Common was the one stock in
which he could safely plunge. Cast
ing aside all apprehension, so far as
Swearengen Jones was concerned. he
prepared for what was to be his one
and only venture on the Stock Ex-
change before the ODD of the following
September With all the cunning and
craftincss Of a general he laid his plans
for the attack. Gardeners face was the
picture of despair when Brewster ask
cd him to buy heavily in Lumber and
Fuel.
Good heavens, Montyw cried the
broker. you're joking. Lumber is
away up now. 1t can't possibly go a
fraction Of a point higher. Take my
advice and don't touch it. 1t opened
today at 11lA and closed at 100. Why,
man, you're crazy to think about it for
an Instant
81 know my business, Gardner"
said Brewster quietly, and his con-
science smote him when he saw the
flush of modification creep into the
face of his friend. The rebuke had cut
Gardner to the quick.
But, Monty, l know what I'm talk
ing about. At least let me tell you
something about this stock" pleaded
Elon loyalty despite the wound.
"Gardy, I've gone into this thing
carefully, and if ever Il man felt sure
about anything | do about this said
Monty decidedly. but aifcctionately.
Take my word for it, Lumber can't
20 amy higher Think of the situation.
The lumhermen in the north and west
are overstockcd. and there is a strike
ready to 60 into effect. When that
comes. the stock win - for Il song.
The slump is liable to begin any day"
MY mind is made up" said the other
firmly, and Gardner was in despair.
"Wil you or will you not execute an
order for me mt the opening tomorrow?
I'll start with 10000 shares. What
will it cost me to margin it for ten
points"
"At least Il hundred thousand, eXclu-
sive Of commission. which would be
twelve and Il half hundred shares.
Despite the most strenuous opposition
from Gardner. Brewster adhered to his
design. and the broker executed the or
der the next morning. lie knew that
! Brewster had but one chance to win.
and that was to buy the stock in a
/ lump instead of distributing it among
| several brokers and throughout the
session. This was a point tDat Monty
/ had overlooked.
There had been little to excite the
/ Stock Exchange for some weeks; moth
! ing was active, and the slightest furry
was hailed as an event. Every one
knew that the calm would be disturbed
at some near day, but nobody looked
for a sensation in Lumber and Fuel
1t was a fOregOne conclusion that a
slump was coming, and there was
scarcely any trading in the stock
When Elon Gardner, acting for Mont
gomery Brewster, took 10000 shares at
1854 there was Il mighty gasp on the
exchange. then Il rubbing of eyes. then
cOmmotion. AStonishment was follow
ed by NERVOUSNESS, and then came the
struggle
Brewster confident that the stock
could 20 no higher and that sooner or
later it must drop. calnly ordered his
horse for ride in the snow covered
park. Even though he knew the ven
ture was TO he failure in the ordinary
sense. he found JOY in the knowledge
that he was doing something. He might
be fool; he was at least no longer i'll
active. The feel of the air was good
to him. He was eXhilarated by the
glitter of the snow, the answering eX-
element of his horse, the gayety and
sparkle of life about him.
Somewhere far back in his inner self
there seemed to be the sound of cheer
ing and the clappng of hands Short
AKA4u-