Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1905-09-14


his feet.
not take him long to grasp the immensi-
ty of the disaster. Gardner had bought
| in at 1854, and that very action seem
ed to put new life into the stock Just
as 1t was on the point Of breaking for
lack of support along came this SEN
sational order for 10000 shares, and
| there could be but one result At one
time in the morning Lumber and Fuel,
traded In by excited holders, touched
| 11311 and seemed in fair way to hold
firm around that figure.
Other men came UP and listened ca
gerly. Brewster realized that his dash
In Lumber and Fuel had been a mas
ter stroke of cleverness when consid-
cred from the point of view Of these
men. but catastrophe from his own.
IL hope you sold 1t when It was at
the top said the colonel anxiously.
II instructed Gardner to sell only
when l gave the word" said Monty
lamely. Several of the men looked at
him in surprise and disgust.
well, If were you I'd tell him to
sell" remarked the colonel coldly.
The effect of your plunge has worn
on, Brewster, and the other side will
drive the prices down. They won't be
caught mapping again either" said one
OF the bystanders earnestly.
DO you think SOP" And there was
note of relief in Montys voice.
From all sides came the advice to
sell at once, but Brewster was not to
be pushed. He calmly lighted a ciga-
rette and with an assured air of wis
dom told them to wait little while
and see.
shes already falling off, said some |
one at the ticker.
When Brewster's bewildered eyes
raced over the figures the stock was
quoted at 112. His sigh Of relief was
heard, but misunderstood. He might
be saved after all. The stock had |
started to go down, and there seemed |
no reason why 1t should stop. As he |
Intended to purchase no more, it was
fair to assume that the backbone was
az the breaking point. The crash was
bound to come. He could hardly re-
strain cry Of joy. Even while he
stood at the ticker the little instru-
ment began to tell of further decline.
As the price went down his hopes went
up.
The bystanders were beginning to be
disguised 1T was only a fuke after
all" they said to each other. Colonel
Drew was appealed to to urge Monty
20 save himself, and he was on the
point of remonstrance when the mes
sage came that the threatened strike
was off and that the men were willing
70 arbitrate. Almost before one could
iraw breath this startling news began
20 make Itself felt. The certainty of
great strike was one of the things that
lad made Brewster sure that the price
could not hold. With this danger re.
moved there was nothing to jeopardize
me earning power of the stock. The
aext quotation was point higher
You sly dogv' said the colonel d,o-
!ng Monty In the side. Il had conf
ience In You all the time"
ten minutes time Lumber and
Fuei was again up to 113 and soaring !
Brewster, panic stricken. rushed to the
telephone and called up Gardner Ii
The broker, hoarse with excitement
vas delighted when he recognizas
Brewster's voice.
You're wonder, Monty. I'll see
1ou after the close. How did Won do
t!' shouted Gardner.
Whats the price now?. asked Brew. $
tier. ,t A''e"
One thirteen and three-fourths and
'olng up all the time! Hoorayr
DO You think she'll 90 down again -, :
demanded Brewster.
Not II I can help IT." =
very well, then. 60 and sell outw v
Dared Brewster. n
"But she's going up likev- 3
SeiI, hang you! Didn't You heara,
Gardner, dazed and weak, began sell.
as and finally liqsidated the fun lins
prices ranging from ia to 112lh
tut Montgomery Brewster had cleared
$3.50. and all because 1t was he and :
o. me market that got excited.
n