FREE BOOKS

Author's List




PREV.   NEXT  
|<   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214  
215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233   234   235   236   237   238   239   >>   >|  
ow the ebb and flow of the currents, the great forces were silently at work reshaping the "situation." Millions of dollars were beginning to be set in motion to govern the millions of bushels of wheat. At the end of the third week of the month Freye reported to Crookes that Cressler was "in," and promptly negotiations were opened between the clique and the great banking house of the Stires. But meanwhile Jadwin and Gretry, foreseeing no opposition, realising the incalculable advantage that their knowledge of the possibility of a "corner" gave them, were, quietly enough, gathering in the grain. As early as the end of March Jadwin, as incidental to his contemplated corner of May wheat, had bought up a full half of the small supply of cash wheat in Duluth, Chicago, Liverpool and Paris--some twenty million bushels; and against this had sold short an equal amount of the July option. Having the actual wheat in hand he could not lose. If wheat went up, his twenty million bushels were all the more valuable; if it went down, he covered his short sales at a profit. And all the while, steadily, persistently, he bought May wheat, till Gretry's book showed him to be possessed of over twenty million bushels of the grain deliverable for that month. But all this took not only his every minute of time, but his every thought, his every consideration. He who had only so short a while before considered the amount of five million bushels burdensome, demanding careful attention, was now called upon to watch, govern, and control the tremendous forces latent in a line of forty million. At times he remembered the Curtis Jadwin of the spring before his marriage, the Curtis Jadwin who had sold a pitiful million on the strength of the news of the French import duty, and had considered the deal "big." Well, he was a different man since that time. Then he had been suspicious of speculation, had feared it even. Now he had discovered that there were in him powers, capabilities, and a breadth of grasp hitherto unsuspected. He could control the Chicago wheat market, and the man who could do that might well call himself "great," without presumption. He knew that he overtopped them all--Gretry, the Crookes gang, the arrogant, sneering Bears, all the men of the world of the Board of Trade. He was stronger, bigger, shrewder than them all. A few days now would show, when they would all wake to the fact that wheat, which they had promised to deliver before t
PREV.   NEXT  
|<   190   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214  
215   216   217   218   219   220   221   222   223   224   225   226   227   228   229   230   231   232   233   234   235   236   237   238   239   >>   >|  



Top keywords:
million
 
bushels
 
Jadwin
 

Gretry

 

twenty

 

control

 

bought

 
Curtis
 

corner

 
amount

Chicago

 

considered

 

forces

 

govern

 
Crookes
 

French

 

import

 

tremendous

 

attention

 

called


careful

 

demanding

 

burdensome

 

latent

 
marriage
 
pitiful
 
spring
 

remembered

 
strength
 

stronger


bigger

 
overtopped
 
arrogant
 

sneering

 
shrewder
 

promised

 

deliver

 

presumption

 

discovered

 

consideration


powers

 

feared

 

speculation

 
suspicious
 

capabilities

 
breadth
 

hitherto

 

unsuspected

 

market

 

foreseeing