The Durham recorder. [volume] (Durham, N.C.) 1879-19??, 1908-03-27

him S25, and insinuated that be would
like to do more Of Tracy & Middle
toms business than he had been doing.
But" said Sally. .the firm said
was to give the order to whichever
broker found first"
well" said Jacobs oleag,nously, Il
am never too busy to take 'vlers from
such nice young fellow as yourself
IL you take the trouble to find me,
and I'll do something nice for you.
Look here in a whisper, IF you give
me plenty OF business I'll give you SIS
week" And he diyed into the mob
that WINS yelling itself hoarse about the
Natural Gas post.
Hayward's first impulse was to tell
his firm about 1t, because he felt
vaguely that Jacobs would not have
offered him IS week II he had not
expected something dishonorable In re-
turn. Before the market closed. how
ever, he spoke to Willie Simpson. Mac
Duff & Wilkinson's boy, whose tele-
phone was next to Tracy & Middle
toms. Sure enough. Willie expressed
great Indignation at Jacobs action.
TITS just like that old skunk" said
Willie. give dollars a week when he
can make 500 out Of the firm. Don't
you do II. Sally. Why. Jim Burr, who
had the place before you, used to get
$50 a week from old man Grant and
$50 a month from Wolf. You've got
cinch IL you only know how to work
II. Why, they are supposed to give
you so cents a hundred" Willie had
been In the business for two years.
and he was very well dressed youth,
indeed. Sally now understood how he
managed II on salary of s12 week.
He did not say anything to the firm
that day nor any other day. And he
didn't say anything to Jacobs in return,
but. by willie's sage advice. contcnted
himself with merely Withholding all
orders from that oieaginous parsonage
untii Mr.. Jacobs was moved to remon.
strate And Sally. who had learned a
great deal In a week under willie's
tuition, answered curly: Business IS
very bad. The firm Is doing hardly
anything" ~
But Watson told me-" said Jacobs
angrily. "that he was doing a great
deal Of business for Tracy & Middle.
ton. I want You to see that get my
share or I'll speak to Middleton and
and out what the troubie is."
aIs that so7" said Sally calmly. You
might also tell Mr.. Middleton that you
offered me S. a week TO give ZOO the
bulk OF our business"
One Of the most stringent laws Of the
stock exchange treats Of splitting"
commissions. Any member who. In or
der TO increase his business, charges n
outsider or another member less than
exactly the prescribed amount for buy,
Ing or selling stocks Is liable to severe
penalties. The offer Of n two dollar
broker 70 give telephone boy SO cents
for each order Of 100 shares secured
was obviously a violation Of the rule.
Jacobs came down to business al
once. -rn make it S." he said csncf'
iatingiy.
Elm Burr, WHO had the pesitioa be.
fore me- expostulated Sally indignant.
", told me he had received So 4
week from Mr.. Grant, with an extra
$40 thrown In from time to time when
Nj. Grant made some lucky turn, 10
say nothing OF what the ether men did
for him.
Three months before be could not
have made this speech had his life de-
pended on II. The rapid development
of his character was due exclusively
to the forcing power Of the atmos.
phere which surrounded him.
You must be crazy" said Jacobs
angriiy. why. I never got much more
than a thousand shares n week from
Tracy & Middleton and usually less.
Say, you oaght to be on che floor. lou
are wasting your talent In The teie-
phone business. you are. Let's swap
places. ycu and l."
"Accordlng 10 our books said Sally
90 the irafe broker. having been duly
coached by Mr.. william Simpson. the
last week you did business for us you
did $500 shares and received SIG"
THAT was an exceptional week. I'll
make Il sIe.-' said Jacobs.
twenty-five" whispered sally de
termInedly.
Lets split the difference" mernur.
ed Jacobs wrathfuily. "I'H give You
SIS a week. but you must see TINT |
get at least 200 shares a week"
-Aii right. Ill do the best I can for
you, Mr.. Jacobs"
And he did. for the other brokers
gave him only twenty-five cents. or at
the naost fifty cents per hundrel
shares In the course Of a mouth Of
two sally was In possession OF an In.
come u $40 a week. And be was
only eighteen.
Time passed. As C had happened
With his predecessor. 20 did II happen
now with Sally. lie began by spsci-
iatlng. wildly nt first. more carefully
later on. lie met with Sundry re-.
verses. hut he also made some very
lucky turns indeed. and he was "ahead
Of the game" hy very fair amount
certainly sum far greater than any
plodding clerk could save IN Ave years.