FREE BOOKS

Author's List




PREV.   NEXT  
|<   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   >>  
red as though seen through a veil. He lived in the district where men do not say "Good-morning" on meeting one another, but "How's the market?" or, when one asks: "How do you feel?" receives for an answer: "Bullish!" or "Bearish!" instead of a reply regarding the state of health. At first, after the fatal slump, Gilmartin importuned his brokers to let him speculate on credit, in a small way. They did. They were kindly enough men and sincerely wished to help him. But luck ran against him. With the obstinacy of unsuperstitious gamblers he insisted on fighting Fate. He was a bull in a bear market; and the more he lost the more he thought the inevitable "rally" in prices was due. He bought in expectation of it and lost again and again, until he owed the brokers a greater sum than he could possibly pay; and they refused point blank to give him credit for another cent, disregarding his vehement entreaties to buy a last hundred, just one more chance, the last, because he would be sure to win. And, of course, the long-expected happened and the market went up with a rapidity that made the Street blink; and Gilmartin figured that had not the brokers refused his last order, he would have made enough to pay off the indebtedness and have left, in addition, $2,950; for he would have "pyramided" on the way up. He showed the brokers his figures, accusingly, and they had some words about it and he left the office, almost tempted to sue the firm for conspiracy with intent to defraud; but decided that it was "another of Luck's sockdolagers" and let it go at that, gambler-like. When he returned to the brokers' office--the next day--he began to speculate in the only way he could--vicariously. Smith, for instance, who was long of 500 St. Paul at 125, took less interest in the deal than did Gilmartin, who thenceforth assiduously studied the news slips and sought information on St. Paul all over the Street, listening thrillingly to tips and rumors regarding the stock, suffering keenly when the price declined, laughing and chirruping blithely if the quotations moved upward, exactly as though it were his own stock. In a measure it was as an anodyne to his ticker fever. Indeed, in some cases his interest was so poignant and his advice so frequent--he would speak of _our_ deal--that the lucky winner gave him a small share of his spoils, which Gilmartin accepted without hesitation--he was beyond pride-wounding by now--and promptly used to back s
PREV.   NEXT  
|<   8   9   10   11   12   13   14   15   16   17   18   19   20   21   22   23   24   >>  



Top keywords:

brokers

 

Gilmartin

 
market
 

credit

 

speculate

 
interest
 

office

 

Street

 

refused

 
thenceforth

assiduously

 
defraud
 

decided

 

sockdolagers

 

intent

 
conspiracy
 

tempted

 

gambler

 

vicariously

 

studied


returned
 

instance

 
blithely
 

winner

 

frequent

 

Indeed

 

poignant

 
advice
 

spoils

 

promptly


wounding
 
accepted
 

hesitation

 
ticker
 

anodyne

 

thrillingly

 

rumors

 

suffering

 
keenly
 
listening

sought

 

information

 

declined

 

upward

 
measure
 

quotations

 

laughing

 

chirruping

 
sincerely
 

wished