Brown returned in a half hour and reported. There was very little stock for sale below $42 a share—a few small lots held by unimportant commission houses. The vendible supply increased at 44, and at 46 “inside stock would come out,” which, translated into plain English, meant that whenever the price of Iowa Midland Railway Company stock rose to $46 per share, directors of the company or close friends of theirs would be found willing to part with their holdings. It was thus evident that the greater part of such stock of the Iowa Midland as the Street was “carrying” speculatively was not for sale at such a price as would be regarded in the light of a great bargain by Mr. John F. Greener, president _de facto_ of the rival Keokuk & Northern Railway, but better known to countless “lambs” and widows and orphans and brother financiers as the Napoleon of the Street. “Any supporting orders?” piped Greener. Stocks are “supported,” or bought on declines, so that the price shall not go down too much, and above all not too quickly. “Bagley has orders to buy 300 shares every quarter of a point down until 37 is reached, and then to take 5,000 shares at that figure. He got them direct from Willetts himself.” Bagley was a broker who made a specialty of dealing in Iowa Midland. Willetts was the president of the company. “Willetts,” squeaked Greener, “was in Council Bluffs this morning. He is to take part in the ceremonies of unveiling the Soldiers’ Monument, which begin at one o’clock—that is, within twenty minutes, allowing for difference in time. He will be out of the reach of the telegraph for the afternoon.” Brown laughed. “No wonder they are afraid of you.” “Brown,” said Greener, “start the movement by selling 10,000 shares of Iowa Midland. Divide it up among the boys on the floor. It would be well if the room were frightened by the selling. It is more important for us to get the price down than to put out shorts at high figures. I want that stock down.” If he had merely desired to sell the stock “short” he would have gone about it carefully, to disturb the price as little as possible. “If you want that I think you’ll get it,” said Brown. As he was going out Mr. Greener squeaked after him: “Keep them guessing, Brown; keep them guessing.” “That,” mused Mr. John F. Greener, “ought to mean a three-or four-point break in Iowa Midland at the very least, and perhaps we can work through the peg at 37. We’ll see.” By the “peg” he meant the figure at which the supporting orders to buy were heaviest.