Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1911-06-20
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on the box.
But I've some information I think
I'm going to act on and want to
open q small account with you."
"All right. I've warned you," was
the grim answer. Il wish you good
luck"
The doctor drew his check for two
thousand dollars and smilingly took
his place among the crowd before the
board. He was never surer of any
thing in his life than he was of Adams
sincerity. He prided himself on the
fact that he was judge Of character.
He was sure the cashier was wrong in
his accounts: he was equally sure that
the information he had received from
Bivens's private secretary was accur-
ate, provided, of course, the little wea-
sci carried out the programme he had
mapped out.
The ticker would tell the story in
the first hour. If stocks should sell
off three points before noon, he would
know. He determined to put this to
the test first. He would not sell the
market short. He would be content
with the big jump the market would
make upward when 1t started.
The ticker began it's sharp metallic
click.
The crowd stirred as If the electric
shock had swept every nerve. A mo-
ment of breathless silence and the
board boy leaning over the ticker
shouted:
"Atch-92a!"
A groan, low, half-stihed, half-arti-
culate came from the room and then
a moment of silence followed.
There, Gott," muttered the Judge"
'I knew London was rigged-I told you
SOL"
In quick, sharp, startling tones the
man at the ticker called out the quo
tations as the market rapidly sank.
For half an hour the downward
movement never paused for a mo-
ment. The silence of the crowded room
Men stood in their tracks with staring
eyes and dry lips as they watched the
last hope of a morning rally fade into
despair.
The doctors breath came quicker
and his eyes began to sparkle intense
excitement.
Now and then old Dugro's stolid face
appeared at the door and summoned
another man to his inner office-"the
chamber of horrors"-where the lambs
are sheared. The story was always
the same The customer squirmed and
asked for little more time to watch
the market. The old man was ada
mant.
I've got to have more money to
margin your stock or I'll sell it in five
minutes. This firm is sound as dol
lar and it's going to stay sound as long
as I'm at the helm. If l carry weak
accounts 1 imperil the money of ev-
cry man who has put his faith in my
bank"
If the squirming victim had more
money he always put it up. If he had
drawn his last dollar he just wiped
the cold sweat from his brow and
gasped:
You'll have to sell out"
Quick as a flash the old mans hand
was on the telephone and his broker
on the floor of the Exchange was eX-
ecuting the order.
AS the noon hour drew near the doc
tors heart was beating like a sledge
hammer Bivens's programme had
been carried out to the letter. Stocks
had declined for the first hour point,
and in the second hour suddenly
smashed down two more points amid
the widest excitement on the Ex-
change.
There was a momentary lull and the
market hesitated. For ten minutes
the sales dragged with only fractional
changes-first up, then down.
The moment to buy had come. The
doctor was sure of it. Stocks had
touched the bottom. The big bear
pool would turn bull in a moment and
the whole market would rise by leaps
and bounds.
He called old Dugro.
Buy for me now, Amalgamated
Copper, the market leader, for all I'm
WORTH"
The broker glared at him.
Buy! Buy in this market? Man
are you mad?"
II said buy!" was the firm answer
What's the limit?"
Not a share without a stop loss or
der under it,"
We'll, with the stop?"
IN buy you 400 shares on a four
point stop"
And when it goes up five points?
the doctor asked eagerly.
I'll double your purchase and raise
your stop. and every five points up III
keen on until you are millionaire!"
The old broker smiled contemptu-
ously. but it was all lost on the doctor
DO it quick"
The order was scarcely given before
il was executed. Dugro handed the
memorandum to Woodman with
grunt.
1T don't take long to get 'em today!
The words had scarcely left his lips
when a hoarse cry rose from the crowd
hanging over the ticker.
Copper had leaped upward a whole
point between sales. A wild cheer
swept the room. For ten minutes eV-
cry stock on the list responded and
began to climb.
The doctors face was wreathed In
smiles. Men began to talk and laugh
and feel human for the first moment in
two weeks.
Dugro grasped the doctors hand and
his deep voice rang above the roar:
You're a mascot! You've broken
the spell! For Gods sake stay with
u.s."
Suddenly another cry came from the