Chicago (Ill.) -- Fiction; Didactic fiction; Domestic fiction; Married people -- Fiction; Psychological fiction; Wheat trade -- Fiction
The incident appeared to be the inspiration for a new "josh" that had a
great success, and a group of traders organized themselves into an
"anti-cravat committee," and made the rounds of the Pit, twitching the
carefully tied scarfs of the unwary out of place. Grossman, indignant
at "t'ose monkey-doodle pizeness," withdrew from the centre of the Pit.
But while he stood in front of Leaycraft, his back turned, muttering
his disgust, the latter, while carrying on a grave conversation with
his neighbour, carefully stuck a file of paper javelins all around the
Jew's hat band, and then--still without mirth and still continuing to
talk--set them on fire.
Landry imagined by now that ninety-four and an eighth was as high a
figure as he could reasonably expect that morning, and so began to
"work off" his selling orders. Little by little he sold the wheat
"short," till all but one large lot was gone.
Then all at once, and for no discoverable immediate reason, wheat, amid
an explosion of shouts and vociferations, jumped to ninety-four and a
quarter, and before the Pit could take breath, had advanced another
eighth, broken to one-quarter, then jumped to the five-eighths mark.
It was the Report on the Visible Supply beyond question, and though it
had not yet been posted, this sudden flurry was a sign that it was not
only near at hand, but would be bullish.
A few moments later it was bulletined in the gallery beneath the dial,
and proved a tremendous surprise to nearly every man upon the floor. No
one had imagined the supply was so ample, so all-sufficient to meet the
demand. Promptly the Pit responded. Wheat began to pour in heavily.
Hirsch, Kelly, Grossmann, Leaycraft, the stolid Winston, and the
excitable Rusbridge were hard at it. The price began to give. Suddenly
it broke sharply. The hand on the great dial dropped to ninety-three
and seven-eighths.
Landry was beside himself. He had not foreseen this break. There was no
reckoning on that cursed "visible," and he still had 50,000 bushels to
dispose of. There was no telling now how low the price might sink. He
must act quickly, radically. He fought his way towards the Porteous
crowd, reached over the shoulder of the little Jew Grossmann, who stood
in his way, and thrust his hand almost into Paterson's face, shouting:
"'Sell fifty May at seven-eighths."
It was the last one of his unaccountable selling orders of the early
morning.
The other shook his head.
"'Sell fifty May at three-quarters."
Suddenly some instinct warned Landry that another break was coming. It
was in the very air around him. He could almost physically feel the
pressure of renewed avalanches of wheat crowding down the price.
Desperate, he grabbed Paterson by the shoulder.
"'Sell fifty May at five-eighths."
"Take it," vociferated the other, as though answering a challenge.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account