Helping Himself; Or, Grant Thornton's AmbitionAlger, Horatio, Jr.
History
Helping Himself; Or, Grant Thornton's Ambition
Alger, Horatio, Jr.
Conduct of life -- Juvenile fiction; Kidnapping -- Juvenile fiction; New York (N.Y.) -- History -- 19th century -- Juvenile fiction
The fare would be a dollar and a quarter each way, for the distance
was fifty miles, and this both he and his mother felt to be a large
outlay. If, however, he succeeded in his errand it would be wisely
spent, and this was their hope.
At the depot Grant found Tom Calder, a youth of eighteen, who had
the reputation of being wild, and had been suspected of dishonesty.
He had been employed in the city, so that Grant was not surprised to
meet him at the depot.
“Hello, Grant! Where are you bound?” he asked.
“I am going to New York.”
“What for?”
“A little business,” Grant answered, evasively. Tom was the last
person he felt inclined to take into his confidence.
“Goin' to try to get a place?”
“If any good chance offers I shall accept it--that is, if father and
mother are willing.”
“Let's take a seat together--that's what I'm going for myself.”
CHAPTER VI -- GRANT GETS INTO UNEXPECTED TROUBLE
TOM CALDER was not the companion Grant would have chosen, but there
seemed no good excuse for declining his company. He belonged to a
rather disreputable family living in the borders of the village. If
this had been all, it would not have been fair to object to him, but
Tom himself bore not a very high reputation. He had been suspected
more than once of stealing from his school companions, and when
employed for a time by Mr. Tudor, in the village store, the latter
began to miss money from the till; but Tom was so sly that he had
been unable to bring the theft home to him. However, he thought it
best to dispense with his services.
“What kind of a situation are you goin' to try for?” asked Tom, when
they were fairly on their way.
“I don't know. They say that beggars mustn't be choosers.”
“I want to get into a broker's office if I can,” said Tom.
“Do you consider that a very good business?” asked Grant.
“I should say so,” responded Tom, emphatically.
“Do they pay high wages?”
“Not extra, but a feller can get points, and make something out of
the market.”
“What's that?” asked Grant, puzzled.
“Oh, I forgot. You ain't used to the city,” responded Tom,
emphatically. “I mean, you find out when a stock is going up, and
you buy for a rise.”
“But doesn't that take considerable money?” asked Grant, wondering
how Tom could raise money to buy stocks.
“Oh, you can go to the bucket shops,” answered Tom.
“But what have bucket shops to do with stocks?” asked Grant, more
than ever puzzled.
Tom burst into a loud laugh.
“Ain't you jolly green, though?” he ejaculated.
Grant was rather nettled at this.
“I don't see how I could be expected to understand such talk,” he
said, with some asperity.
“That's where it is--you can't,” said Tom. “It's all like A, B, C to
me, and I forgot that you didn't know anything about Wall Street. A
bucket shop is where you can buy stock in small lots, putting down a
dollar a share as margin. If stocks go up, you sell out on the rise,
and get back your dollar minus commission.”
“Suppose they go down?”
Public-domain text, read in full here on John Shaqi.
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