Graham's Magazine, Vol. XXXIV, No. 4, April 1849Various
General
Graham's Magazine, Vol. XXXIV, No. 4, April 1849
Various
Literature -- Periodicals; Literature, Modern -- 19th century -- Periodicals
That disturbed the figures on Flat’s memorandum—for he hoped to have
bought and paid for it with his expected profit on copper, and to have
staggered somebody else’s property with a mortgage from the surplus. It
was provoking.
Jones and Wilkins resolved to “take a shy at the copper anyway, while it
was going;” but the stock of all the companies seemed shy of them. They
“bid ten dollars through a broker”—it was twelve. “Bid twelve”—it was
fourteen. Wilkins had had enough of it. He believed it was “only a
bubble blown up to catch the eyes of fools. He was done with it.” But
Jones was down in the morning, as merry as a lark, and as early. He
“knew some of the outsiders, and thought he would catch some of them
before the morning was over.” He did—and went home to dinner, having
made “a fortunate hit.”
“Five hundred shares,” said he, “at fifteen, and the last sale ‘after
board,’ nineteen and a half! Four dollars and fifty cents per share.
Five aught is _naught_; five fives are twenty-five, five fours are
twenty, and two are twenty-two. Twenty-two hundred and fifty
dollars—that will do for one day, _I_ should say. Wilkins would like me
to give _him_ half, as we were to have gone in together yesterday, but I
wonder what Wilkins ever did for me, that I should give _him_ eleven
hundred and twenty-five dollars! Not _quite_ so green!”
The next morning Grubemout brought down some specimens, which “he
thought” would yield forty per cent. _if they were assayed_, and thought
that they ought to make an assessment of a dollar a share, so as to put
on more hands and drive out the ore. Jones said that “that was right
enough.”
The assessment was called in, at which the stock hesitated for a day or
two—made a start and went on—but a second installment being urged, it
faltered a little, and then stopped. At the third it “_declined_ a
shade,” at which the “bears” gave a shake and a growl.
But Grubemout had—in the nick of time—“just received a letter from the
mines of the most important nature, which it would not do to show in
‘the street,’ or the stock would be balooning it—Uptosnuff had _just
made a cross-cut_.”
“The deuce he has!” exclaimed Jones, rather nervously. “What is _that_?”
“A cross-cut, you see,” says Grubemout, “is nothing more than ‘a shaft’
run at right angles past the old one we have been working. He struck
some glorious ‘deposites,’ and—”
“Why I thought you always said there was _a vein_, Grubemout? These
deposites are confoundedly leaky and treacherous affairs.”
Public-domain text, read in full here on John Shaqi.
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