The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-06-23
NAIIlNy LITILE INIl. I

~ f'r-ti'8 a7i'uroi3l lor Several
yeafs he managed to faye ub $500
While doing This he bs,smo 4 Ansent
Of finance Every monuv hs trooi
toad the nnarcial Qoulatans ina
long line Of initials and tho columns ot
figures that al FIRST wero meoplbrle a
socn became as ar OPEN book him
lie could remember what G. HR r..
closed az 4 weel, ago last nd sdav
and IL r. A. q W. went up a pbint he
knew just how much more # would
have 70 advance before reaching ~
mark which some wiso men mad a
month before set fof IT,
There was one little thing that IN.
terestei him particularly THAT vas
H.. l. a B. common. lie had once
heard broker refer 70 It as mice
old lady" For ten years he learned
that stock had fuctuatcd between Is
and 30. Every summe- It would drop
to the low water mark. Every winter
It would regularly work itself back
up TO the high level.
Nov. this young man, whose name.
BY the way was Watkins. had sort Of
a read for agurss and one evening az.
ter he had been thinking for a long
time about Miriam Ives--a neat figure
she was--he did sono figuring on f..
l.. 6 b. common.
"Supposing" he said to himself.
"that bought about $500 worth Of It
al Is and sold It OF 30. That would in
crease my wording capital to 5000
Then on the next slump I could invest
my $500 and sell out for $1,000"
It was a simple proposition. All he
cad TO do was TO be little patient. AZ.
.er a third turnover he would have
s2,4oO; the fourth would see him
S4.S0O to the good On the NTH swing
Of the pendelum he would have $4,000
bu' he knocked OF the 5000 for com.
nissic1u and ether incidentals. leav-
sag $4,000 even money. His sixth
olungq wiuld make him ? winner to tho
extent Ct $4,000. and after that his
wealth would begin to pile up very
East He would emerge from his sew
srtl, transaction in f., l.. & B. common
with $4,000; another go would in
rcrease his wealth to $4,000, In nine
years, fugring cnly on the turaing
over Of his money per annum he
would be worth S2SS,000. He knocked
OF the $8S.OO0 for general expenses,
making his start on the Second ten
vars figuring oply On the ,uldng
nc got up to the ffhaath year Of his
career as a buyer and seller of F. L.
& b. common his head began TO be
dizzy and putting his pencil in his
pocket, he went out to ask Miriam IL
che would be lis wife
81 want you TO know" he said, when
shc had permitted him to press her
check against his chest and gather one
uf her soft warm han Is in hts. that
ny love for you is not a selfish love.
Z It was I'd have asked you long ago
% bo my wife and lot you share with
mo the troubles that would come from
trying to get along on my income But
: have waited and worshiped you in
silence until | could see the way clear
ahead"
Then he kissed her a few times
mord and told her candidly what was
going TO happen.
Archibald" she whispered, II don't |
care for all these terrible riches.
Wealth is an awful responsibility. |
Let's keep your $500 and furnish a nice
Gat with It,"
But he convinced her before he left |
that Il would be almost criminal II he /
neglected to take advantage of the op- |
portunity which was opening up be. |
fore him, and he continued 30 watch |
the financial page 1t was early sum
mer. F. L. & B. common was steadily |
declining along with about everything /
else on the list. BY the middle Of June
ii was at 90 and Archibald watkins
would experience a fiuttarlng sensation
in the rsgion Of the upper left pocket
Of ais vest every time he took up his
paper in the morning
On the 18th Of July F., L. and b.
common was quoted at H. Then Wat
kins transferred 5000 OF his money
from the savings department Of ths
bank and opened up a Choking ae-
count against It. At the same time he
gave certain broker an order TO buy
20 shares Of F. l.. & B. common at Is.
A week later he had a dizzy spell when
he opened his paper and saw the trek
quoted at the figure be had named.
Later in tho day he was informed by
Bloodgood, Ketcham & Co.. that they
had bought for his account 20 shares
oi F. l.. & b. common.
He sat and thought Of Miriam Ives
and dreamed dreams and built air
castles and wrote out an open order 20
.eE MS shares at 30, and put it in his
Dccket, not wishing to let his brokers
yet che impression that he had gone
.n for the mere purpose Of 'skinnins
,ho market" he expected to see the
stool, hover around IS for a month OF
30 before starting on the upward