The banker and the bear : $b The story of a corner in lardWebster, Henry Kitchell
General
The banker and the bear : $b The story of a corner in lard
Webster, Henry Kitchell
Bankers -- Fiction; Didactic fiction; Political fiction; Social problems -- Fiction
Then there came to him a notion, an ironical, whimsical notion that
pleased him, and he stood still, smiling over it. He would set a period
to this delectable experience. His opponent should have an hour and a
half. He would begin now in three--two and three-quarters--minutes, and
at eleven o’clock his bear’s hug should squeeze the last gasp out of
Pickering. It was anything but hard business sense, but for this once
he could afford the luxury of following a fancy, as pretty a fancy as
that.
Then the big bell rang out half-past nine, and the trading began. It
had been long since Sponley had taken the field in person, but not
so long that men had forgotten that he was the best operator on the
board. That he was, was due partly to his impassivity, partly to his
quickness; but more than either, apparently, to his mere bulk, or at
least to a certain oppression which seemed to emanate from it. Keyes
was a good man, an old hand at the business, he knew every trick of it,
but he felt as if Pickering’s defeat were already accomplished when he
looked at Sponley standing there, at the other side of the pit.
None the less he held his ground gallantly; for the first
three-quarters of an hour he never gave an inch. But it was a game of
follow the leader by that time. It seemed that every trader on the
floor was coming to the provision pit, to make a short sale and take a
little share in Sponley’s certain victory. No one could stand for long
against such a pressure as that, and the price began dropping, a notch
at a time, at first, but faster afterwards and down, down, down it
went, sliding.
At a quarter before eleven there came a check and then a smart rally
of a point or two. Sponley glanced up at the big clock, and he smiled.
He was going to hit it almost exactly. He had expected this turn, he
knew just what it meant. Pickering was of the sort who die hard, and
now, as he came so desperately near the extreme edge, he was gathering
every ounce of fight into this last plunge. Without hurry and without
discomposure, Sponley hammered the price back again, and the narrow
margin was almost nothing.
Outside, in the street, a carriage with three men in it was driving
up furiously, reckless of the shouts from the policeman at the corner.
When it stopped before the Board of Trade building, Pickering was still
fighting, but already half over the edge.
That was six minutes of eleven.
CHAPTER XX
ASSAULT AND BATTERY
Public-domain text, read in full here on John Shaqi.
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