Potash & Perlmutter: Their Copartnership Ventures and AdventuresGlass, Montague
General
Potash & Perlmutter: Their Copartnership Ventures and Adventures
Glass, Montague
Clothing trade -- New York (State) -- New York -- Fiction; Jewish fiction; Jews -- New York (State) -- New York -- Fiction
"I understand this much, Mawruss," Abe cried--"I understand, Mawruss,
that if Sol Klinger tells me he guarantees it I make twenty-five hundred
dollars, and this here Milton Fiedler, too, he also says it, and a young
feller actually with my own eyes I see it buys this stock because he's
got information from inside people, why shouldn't _we_ buy it and make
money on it? Ain't it?"
Morris was about to reply when the letter carrier entered with the
morning mail. Abe took the bundle of envelopes, and on the top of the
pile was a missive from Gunst & Baumer. Abe tore open the envelope and
looked at the letter hurriedly. "You see, Mawruss," he cried, "already
it goes up a sixteenth." He handed the letter to Morris. It read as
follows:
_Gentlemen:_
For your information we beg to advise you that Interstate Copper
advanced a sixteenth at the close of the market yesterday. Should
you desire us to execute a buying order in these securities, we
urge you to let us know before ten o'clock to-morrow morning, as
we believe that a sharp advance will follow the opening of the
market.
Truly yours,
GUNST & BAUMER,
Milton Fiedler, Mgr.
"Well," Abe said, "what do you think, Mawruss?"
"Think!" Morris cried. "Why, I think that he ain't said nothing to us
about them gold and silver stocks of B. Sheitlis', Abe, so I guess he
ain't sold 'em yet. If he can't sell a stock from gold and silver
already, Abe, what show do we stand with a stock from copper?"
"That Sheitlis stock is only a small item, Mawruss."
"Well, maybe it is," Morris admitted, "but just you ring up and ask him.
Then, if we find that he sold that gold and silver stock we take a
chance on the copper."
Abe hastened to the telephone in the rear of the store.
"Listen, Abe," Morris called after him, "tell him it should be no dating
or discount, strictly net cash."
In less than a minute, Abe was conversing with Fiedler.
"Mr. Fiedler!" he said. "Hello, Mr. Fiedler! Is this you? Yes. Well, me
and Mawruss is about decided to buy a thousand of them stocks what you
showed me down at your store--at your office yesterday, only, Mawruss
says, why should we buy them goods--them stocks if you ain't sold that
other stocks already. First, he says, you should sell them stocks from
gold and silver, Mr. Fiedler, and then we buy them copper ones."
Mr. Fiedler, at the other end of the 'phone, hesitated before replying.
The Texas-Nevada Gold and Silver Mining Corporation was a paper mine
that had long since faded from the memory of every bucketshop manager he
knew, and its stock was worth absolutely nothing. Yet Gunst & Baumer, as
the promoters of Interstate Copper, would clear at least two thousand
dollars by the sale of the stock to Abe and Morris; hence, Fiedler took
a gambler's chance.
Public-domain text, read in full here on John Shaqi.
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