The Bottineau courant. (Bottineau, Bottineau County, N.D.) 1895-1929, 1913-08-29
Love In the
Stock Market

WYNN Av4OSAEANS
b DONALD C1AMBERlN
About the close Of the last century.
when shares or the stock~market were
rising ami falling like the waves Of
the e under q 1T, ON. James Rigdon
was for q time u power in Wall street
When 1t was reported that Rigdon was
selling q stock everybody rushed to
sell. When he bought the price would
rise like the thermometer On q July
morning.
Rigdon was q bachelor, and az soon
as it became known among his women
friends that he knew what stocks were
going up and what going down
he received more attention than the
handsomest man In New York. One
Of these ladies. Miss MarindaIe. he
wished to claim rs his own, but despite
all be could do he couldn't and 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 4 tip on
some stock that was about to be
put up" He explained to her that
when he doomed a stock. II It were
known that be was booming it. 1t
would rise in value, but the trouble
was that, when he wished to unload.
the moment It was known that be had
begun to sell. down would go the
ket and he would be left with a lot OF
"undigested securities" on bis hands.
He was about to put up the market
price on q certain stock. but he could
not take her into his scheme. for II
1t were known that she was buying
and selling by his advice It would re-
suit di%sastrously for him.
But ! won't tell" she said.
"Can l rely on your"
Certainly" !,
"very well. Buy Onarora Copper
1t is selling at Z cents a SHARE"
"How awfully kind Of You"
II a 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 80 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. 90 she told them she had
bought Onarora. There was no need
for them to ask her why. because they
knew she had for q long while been
endeavoring to get q tip out Of Mr..
Rigdon. Surely there was no breach
Of confidence in this. h.
So the Martindale family put what
spare money they had in Onarora Cop.
1per. and each told his broker his rea.
sons for doing 20. Each broker had q
number Of spectators hanging about
his Office who given the tip. The
stock rose slowly and beautifully like
q balloon sailing up toward the sky.
Nov and again It would fall back. q
few thousand shares being thrown
upon the market
Manipulation said those In the Sc
cret 1.-The price il rising too rapidly
for him. He hasn't got all he wants.
Wait a bit"
BY and by these sales grew smaller.
4 and for some time the stock ceased to
J. be offered. Miss Martindale asked
Nj. Rigdon II It we're not time to sell
He replied. mot yet" And the stock
went higher. Then suddenly 1t be-
gan to tumble. Every n who had
been specializing IN the Rigdon tip be-
gan to get from UNDER except the
Martindale family. When Onarora
had sunk to the price they paid for It
Miss Martindale sent for Mr.. RigdOn
and asked him II the boom was over. {
Eyes. 1t u.s." he replied. land I have
unloaded all I had. some 10000 shares,
ct q fair price" !
Miss Martindale looked appalled,.
" supposed" she said coldly. ''that
lyon were to let me know when to sell
- well as to buy"
'4That would not have accorded with
my plans. told you when to buy. and
ron told others. ! knew you would
and that your tips to others would put
up the stock. II ! had told you when
TO cell It would have spoiled my
scheme"
I'm other words. you have used mn
70 your own advantage You have moi
only disappointed me. but you have In.
duced me to disappoint Others"
slow have ! induced you to disap'
point othersf'
why. they knew l bought the stock
ma surmised that I did 20 By your
advice"
"And you did not tell them the -
crst Well. you had no occasion to tell
them. believe that, In al. you and
1our family bold 1900 shares. Am |
nghfr'
"You nm"
well. when the stock reached IL
u hawhnnk ata0o a0lA Rn00 ahanea f01