New York (N.Y.) -- Social life and customs -- Fiction; Wall Street (New York, N.Y.) -- Fiction
NOW
is the time to invest in a certain stock for ten points sure
profit. Three points margin will carry it. Remember how correct we
have been on other stocks. Take advantage of this move.
IOWA MIDLAND.
Big movement coming in this stock. It’s very near at hand. Am
waiting daily for word. Will get it in time. Splendid opportunity
to make big money. It costs only a 2–cent stamp to write to me.
CONFIDENTIAL INFORMATION.
Private secretary of banker and stock operator of world-wide
reputation, has valuable information. I don’t wish your money. Use
your own broker. All I want is a share of what you will surely
make if you follow my advice.
WILL ADVANCE $40 PER SHARE.
A fortune to be made in a railroad stock. Deal pending which will
advance same $40 per share within three months. Am in position to
keep informed as to developments and the operations of a pool.
Parties who will carry for me 100 shares with a New York Stock
Exchange house will receive the full benefit of information.
Investment safe and sure. Highest references given.
He prospered amazingly. Answers came to him from furniture dealers on
Fourth Avenue and dairymen up the State and fruit growers in Delaware
and factory workers in Massachusetts and electricians in New Jersey and
coal miners in Pennsylvania and shop keepers and physicians and plumbers
and undertakers in towns and cities near and far. Every morning
Gilmartin telegraphed to scores of people—at their expense—to sell, and
to scores of others to buy the same stocks. And he claimed his
commissions from the winners.
Little by little his savings grew; and with them grew his desire to
speculate on his own account. It made him irritable, not to gamble.
He met Freeman one day in one of his dissatisfied moods. Out of
politeness he asked the young cynic the universal query of the Street:
“What do you think of ‘em?” He meant stocks.
“What difference does it make what _I_ think?” sneered Freeman, with
proud humility. “I’m nobody.” But he looked as if he did not agree with
himself.
“What do you _know_?” pursued Gilmartin, mollifyingly.
“I know enough to be long of Gotham Gas. I just bought a thousand shares
at 180.” He really had bought a hundred only.
“What on?”
“On information. I got it straight from a director of the company. Look
here, Gilmartin, I’m pledged to secrecy. But, for your own benefit, I’ll
just tell you to buy all the Gas you possibly can carry. The deal is on.
I know that certain papers were signed last night, and they are almost
ready to spring it on the public. They haven’t got all the stock they
want. When they get it, look out for fireworks.”
Gilmartin did not perceive any resemblance between Freeman’s tips and
his own. He said, hesitatingly, as though ashamed of his timidity:
“The stock seems pretty high at 180.”
Public-domain text, read in full here on John Shaqi.
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