Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1911-06-16

cluded, fetching tremendous sigh, Z
shall probably use 1t to establish a.
new library belt-if Mr.. Carnegie
/ leaves me room"
The market, which had been so long
inert, took unto itself life. Slowly
and cautiously Hazlitt moved Colo
RADIO Central toward higher levels,
and, encouraged by the apparent
strength of this movement, other
pools, long dormant, lifted their heads
and their favor1te stocks. Stimulated
by this false activity, the public
| trooped into the market and lifted
share of the pools burdens
| Even more slowly and cautiously
toiled the little man spinning his web
from his Uttered room in the Offices Of
/ Willis, Barr e Co. Each day Colo
RADIO Central touched a higher figure,
and each day Barr sold little more
of it's stock to the unwilling Hazlitt.
1t came softly and melted into the
pools operations like hesitating snow
/ fakes.
/ A week passed It was Monday
/ again, and on the floor of the Elk
change the clang of the big gong
which marked the days end was sweet
music to Hazlitt. All day he had fol-
lowed the movements of Central, and
he had seen a quiet and persistent
selling of the stock which puzzled
him. He finished hurried lunch in
the Luncheon club of the Exchange
and passed quickly to his office.
AS the statements from the brokers
who had handled his orders in Colo
RADIO Central came in he began to real
ize the extent of the days selling.
This meant profit of an open challenge
to battle by some unknown power
which meant to combat the rise in
Central
Before noon on Tuesday the ques-
tion was answered. The mysterious
selling was under way again. The
most persistent buying by Hazlitt's
brokers could not stop Central from
breaking badly under the impact of
the sales. 1t closed at II under the
drive.
1t was thoroughly worried broker
who met Austin that night at an up
town club.
''Some one is fighting this advance,
Mr.. Austin" declared Hazlitt, earnest
/ ly. "It is no one of small caliber,
either. The selling today has been
amazing. Are you sure of your posi-
ton? Are those dividends really in
sight? 1t seems impossible that any
one knowing the roads prospects, as
you have detailed them to me, would
dare to fight us SO openly"
'You know Mr.. Newton. You saw
| the estimates he received" Austin
was plainly irritated.. II think they
count for more than the swashbuck-
ling play of some stock jobber If
one of that ilk chooses to set himself
against us, we'll and good. He'll de-
serve his unpitied end"
eyes," said the broker, "of course,
you're right. But under the condi-
tons We'll need more funds. We just
about used up our past profits today
keeping Central up"
Don't worry about funds, Hazlitt."
Austin said, rather sharply. You'll
get all you need. know can count
on Newton, and-well, our little pool
isn't to be derailed by any market
| gambler. You ought to make him pay
| dearly for his meddling when that di-
| vidend is declared"
Hazlitt laughed. depend on me- If
you take care of the dividends I'll take
care of the enemy"
And so the little pebble which a
womans hand had tossed, blindly, into
the quiet waters of the market was
sending it's waves in an overwhelming
circle to an unknown shore. The Cit
tle' Opera Box Pool had outstripped
it's diminutive. The untruthful stubs
in Mr.. Wells little leather-bound
check book multiplied monotonously
The struggle began again on We'd
nesday. For the first time there be-
gan to circulate timid rumors that
bad news, in the shape of strikes and
toss of earnings, was soon to come out
on Colorado Central.
On Thursday the lines of battle
were SO distinctly drawn that the
Street held aloof from Central and
watched the conflict from safe dis
tances. The floor Of the Exchange was
veritable battle ground, where back
and forth Hazlitt's brokers and those
acting for the adversary waged the
contest.
The strike rumors regarding Cen
trail became more aggressive, and late
in the day dispatch came over a
! To hot
the Brotherhood of Trainmen would
meet there on Saturday to discuss
hour and wage grievances against the
road. The stock fell sharply two
points, to As.
Newton had received a similar dis
patch from the roads headquarters,
which contained more details. 1t was
| sOmathino of shock tO ATsfin and