The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1913-10-23
Love In the
Stock Market
By DONALD CHAMBERLIN

WAtu SudreS Oh the StOck market were
rising and falling like the waves of
the sea under a storm, James Rigdon
was for a time a power In Wall street.
When 1t was reported that Rigdon was
selling a stock everybody rushed to
sell When he bought the price would
rise like the thermometer on a July
morning.
Rigdon was bachelor, and as soon
as 1t became known among his women
friends that he knew what stocks were
going up and what were going down
he received more attention than the
handsomest man In New York. One
Of these ladies', Miss Martindale, he
wished to claim as his own, but despite
all he could do he couldn't find out
whether she had any use for him other
than to learn how to make money In
stocks.
One evening while with her she i'm
portuned him to give her a tip on
some stock that was about to be
put up" He explained to her that
when he doomed a stock, If 1t were
known that he was booming It, It
would rise in value, but the trouble
was that, when he wished to unload,
the moment 1t was known that he had
begun to sell. down would go the mar
ket and he would be left with a lot OF
''undigested securities on his hands
He was about to put up the market
price on certain stock, but he could
not take her into his scheme, for IL
It were known that she was buying
and selling by his advice 1t would re-
suit disastrously for him.
"But l won't tell" she said.
"Can rely on your"
Certainly"
"Very well. Buy Onarora Copper.
1t Is selling at cents a share"
"How awfully kind Of your
~ can rely on your"
Surely"
She gave his hand a special pressure
when he left her and, running to the
telephone, ordered him to purchase
1000 shares of Onarora Copper. He
did SO without disturbing the market
price Of the stock half a point. Then
she fell to thinking that her father
and her brother and her sister would
be delighted to participate in her good
fortune, so she told them she had
for them to ask her why, because they
knew she had for long while been
endeavoring to get tip out Of Mr..
Rigdon Surely there was no breach
Of confidence in this.
So the Martindale family put what
spare money they had in Onarora Cop
per. and each told his broker his rea-
sons for doing so. Each broker had a
number of spectators hanging about
his Office who were given the tip. The
stock rose slowly and beautifully like
q balloon sailing up toward the sky.
Now and again 1t would fall back, a
few thousand shares being thrown
upon the market.
Manipulation" said those in the Sc
cret- '"The price is rising too rapidly
for him. He hasn't got all he wants.
Wait bit"
By and by these sales grew smaller.
and for some time the stock ceased to
be offered. Miss Martindale asked
Mr.. Rigdon IL 1t were not time to sell.
He replied, mot yet" And the stock
went higher. Then suddenly 1t be-
gan to tumble. Every one who had
been specializing on the Rigdon tip be-
gan to get from under" except the
Martindale family. When Onarora
had sunk to the price they paid for IL
Miss Martindale sent for Mr. Rigdon
and asked him IL the boom was over.
Yes. 1t is" he replied. land l have
unloaded all had. some 10000 shares
at a fair price"
Miss Martindale looked appalled,.
81 supposed" she said coldly, "tha'
you were to let me know when to sci
as well as to buy"
THAT would not have accorded witt
my plans. | told you when to buy, ant
you told others. | knew you would
and that your tips to others would pu
mp the stock. If had told you wher
to sell it would have spoiled my
scheme"
'In other words, you have used m,
TO your own advantage. You have no
only disappointed me, but you have in
duced me to disappoint others"
"How have l induced you to disap
point others?'
"Why, they knew bought the stocl
and surmised that l did SO by you
advice"
"And you did not tell them the Sc
cret. Well, you had no occasion to tel
them. l believe that, in all, you and
your family hold 1900 shares. Am
right?"
"You are"
"Well, when the stock reached it,
highest stage l sold 5000 shares FOL
your account and also sold 1900 shares
more for you to be delivered within
thirty days after the sale. You and
your family have made on the rise Of
the stock $4,000 and as much more OF
the fall"
Miss Martindale stood looking at Mr.
Rigdon with establishment. the colo
look on her face breaking into a smile
Then she nut ont her hand Mr. Rig