The tunnel thru the air : $b or, Looking back from 1940Gann, William D. (William Delbert)
Religion
The tunnel thru the air : $b or, Looking back from 1940
Gann, William D. (William Delbert)
Imaginary wars and battles -- Fiction; Science fiction
On Tuesday morning, May 31st, Robert started early to Mr. Kennelworth's
office as that was to be his last day in the office and he was anxious
to clean up all the business necessary and render Mr. Kennelworth
all the service possible before he went away. He confided to Mr.
Kennelworth the arrangements of eloping with Marie. Mr. Kennelworth
told him that he would arrange to go to New York about the 11th of June
and was sorry that he couldn't make the trip with Marie and Robert and
see them married in St. Louis. But he said to Robert, "That is the time
when two young people like to be alone, and I am afraid that I wouldn't
be a very good chaperon on the trip. So it is all for the best and you
will get along all right without me."
Robert told Mr. Kennelworth that he figured according to his cycle
theory, cotton should be sold out about June 1st or 2nd, that there
would be a reaction. He had also figured that it was time to sell wheat
and corn for a reaction.
On June 1st, Robert sold out his July cotton at 16.80 and also sold
out Marie's cotton. Robert's profits and capital together now amounted
to $7,000.00. Robert sold 25,000 July wheat at 1.48-1/2 and 25,000
July corn at 1.06-1/2 on June 1st. He went down to the broker's office
to watch the market for that week, because he knew the next few days
would be very important and anxious days for him. He was thinking every
minute of the day when he would start to New York and would make Marie
his wife. This would be the greatest start of all his life, as he was
starting it under favorable conditions and with plenty of money. He
knew that success was certain and was never more hopeful.
On Saturday, June 4th, he closed his short contract in July wheat
at 1.43 and his corn contract at 1.02. He had made a profit of over
$2,000.00 on wheat which brought his capital up to $9,000.00. Mr.
Kennelworth had taken Robert's advice and gone short of wheat and corn
on June 1st, after selling out his cotton. Cotton declined from June
1st as Robert figured it would. He told Mr. Kennelworth on Saturday
morning that he was going to buy in his wheat and corn, because he was
getting ready to go away that afternoon and was not going to make any
more trades until he had arrived in New York. He would have everything
in cash and ready to make a new start after the honeymoon.
Mr. Kennelworth had sold wheat and corn heavily and had made over
$50,000.00 since he started to follow Robert's advice. He made back
all the money he had lost in the slump in oil stocks in 1919 and
was very grateful to Robert. He handed Robert New York exchange for
$10,000.00 as a wedding present. Told him that he could call on him for
any additional help that he wanted in financing the building of his
airplane or for any other purpose. Robert assured him that he would not
need any more help; that he could make all the money he wanted and that
his success was assured.
Public-domain text, read in full here on John Shaqi.
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