Waterbury evening Democrat., 1906-02-26
THE SPENDERS A TALE OF THE THIRD GENERATION
Copyright by Lethrsp Publishing Company.
By HARRY LEON WILSON

. bit of good with nothing to occupy my mind"
 Well, I'm mighty glad you thought up this stock deal. It'll give you good business habits and experience, say nothing of doubling your capital" And I've gone in with Burman on his corn deal. He's begun to buy, and he has 1t cinched this time. He'll be the corn king all right by June 1; , don't make any mistake on that. thought as long as we were plunging so heavy in Western Trolley and Union Cordage, along with the cop per- we might as we'll take the side line of corn. Then we won't have our eggs all in ono basket"
 All right, son, all right! Tn t'-'e in you. A corner in CO.,
 corner in wild oats any day; any thing to keep you straight, and doin' something. don't care how many millions you pile up! hear the Fed eral Oil peoples back of the copper deal"
 That's right; the oil crowd and Shepler. had 1t straight from Relpin that night. They're negotiating now with the Rothschilds to limit the out put of the Rio T1nto mines. They'll end by controlling them, and then well, we'll have a roll of the yellow boys-say, we'll have to lay quiet for a year just to count it." .
 Do it good while you're doin' 1t, urged Uncle Peter, cheerfully. T rely so much on your judgment, l want you to get action on my stun, too. l got couple millions that ought to bs workin' harder than they are"
 Good; didn't think you had % much gambler in you"
 Its fur a worthy purpose, son. And it seems too bad that Pishy can't pull out something with her bit, when it's to be had so easy. From what that spangle-faced beau of hers tells me there's got to be some expensive plumbing done in that castle he gets sawed of on to him."
 We'll let sis in, too," exclaimed her brother. generously, and ma could use Q little more in her business. She's sitting up nights to corner all the Amalgamated Hard-luck on the island. We'll pool issue, and say, we'll make those Federal oil pikers think we've gnawed a corner oil the sub- treasury. I'll put an order in for 10000 more shares to-morrow-among the three stocks. And then we'll have to see about getting all our capital here. We'll need every cent of 1t that's loose; and maybe we'd better sell oil some of those dead-wood stocks"
 The 10000 shares were bought by the following week, 5000 of them be- ing Consolidated Copper .=10,o0 Vest ern Trolley and 5000 Union Cordage. Consolidated Copper fell oil two points upon rumors, traceable to no source, that the company had on hand large secret supply of copper, and was pro- ducing largely in excess of the de- mand every month.
 Percival told Uncle Peter of these rumors, and chuckled with the easy confidence of a man who knows se- crets.
 You see, it's coming the way Rel pin said. The insiders are hammer ing down the stock with those reports, hammering with one hand, and buying up small lots quietly with the other. But you'll notice the price of copper doesn't go down any. They keep 1t at 17 cents all right. Now. the mo- ment they get control of the European supply they'll hold the stun, force up the selling price to awful figures. and squeeze out dividends that will make you wear blue glasses to look at them"
 You certainly do know your busi- ness, son." said Uncle Peter, fervently. You certainly got your pas head on you. You remind me more and more Of DsnI J. Zines every day. I'd rath- CT trust your judgment now than lots of older men down there. You know their tricks all right Get in good and hard so long as you got a sure thing. I'd hate to have you come meaehiE' around after that stock has kited, and be kickib' because you hadn't bet what your hand was worth"
 Trust me for that. Uncle Peter. Garner tried to steer me on this line of stocks the other night He'd heard these rumors about . slump. and he's 50 years old at that I thanked him for his tip and coppered 1t with an- other 900 shares all around next day. The way Garner can tell when you're playing a busted flush makes you nervous: but haven't looked over his license to know everything down in the street yet"
 T5e moral sain to Psrcival from his new devotion to the stock market vas commented upon approyinsiy both by Uncle Peter and by his mother. It vas quite ss tangible ss his money profits promised to be- He ceased to frequent the temple of chance in Forty-f0arth street. to the proprietor's genuine regret The poker games at the hotel he sbandored o being triv- ial And the ezbmen along upper Broadway hsi seldom nor the oppor- tunity to compete for his early morn ing patronage. He began to k<p early bosrs ard to 5o Ices casual drinking during the day. Aftsr three weeks of this comparatively regular living his mother reio8osd Co note signs that his breakfast appetite uas -~s-H-~