Fame And Fortune Weekly (no. 1056) (1925 12 25)
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DECEMBER 25, 1925 Price 8 Cents No. 1056 STORIES OF BOYS WHo MAKE MONEY. Seen o : a is oo oF eae fi : irs NT Mr. Pindar, in his reckless haste, collided with and upset the old gentleman who was ascending the stairs ahead of Fred. Farnham, indignant that he did not stop to apologize, lowered his head and butted him squarely in the chest.
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e Issued weekly—Subscription price, $4.00 2 West 23d Street, New York, N the Post-Office at New York, N. No. 1056 a er year! Canada, $4.50; Foreign, $5.00. Harry HB. Wo! F a Entered fg Second. Clady Matter, Sotoher 4, t NEW YORK, DECEMBER 25, 1925 | ite - nes a 0B _ FAME AND FORTUNE WEEKLY - Y., under the Act of March z Price 8 Cents. The Young Money Magnate OR, THE WALL STREET BOY WHO BROKE THE MARKET By A SELF-MADE MAN - _CTAPTER I—A German Boy in Wall Street. “Vot’s der matter mit you? You dinks you push me py dis line oud? Vell, you don’t done it, T ped you.” z _ The speaker was a stout German lad, with a _. full-moon coun’ , in which his eyes, nose ‘and mouth seemed lost in the hollows between his mountainous cheeks. He was dressed in a new suit of store clothes, with a flaming red necktie, while a derby, that looked two sizes too small, was * perched upon the top of his thick, light hair. He occupied the head position of a long line of boys of all ages between fourteen and eighteen, that tended from a door whose glass panel was let- teved: “Fred’k Farnham, Broker. Stocks and Bonds Bought and ) ecrridor to the elevator. They were there in an- ‘swer to an advertisement for an office boy and messenger which had appeared in a morning. daily. - The German boy had been the first to reach the eoveted position” by the door, and the others had Jined up after him as fast as they appeared on the geene. By nine o’clock there were all of fifty ‘boy had held his place not without some difficulty, because the lads behind him: resorted to all sorts of tactics to squeeze him out. His size and weight, however, stood him in good stead, for, having seized the handle of the door as a pur- _ chase, his huge bulk resisted successfully all as- gaults made upon . The boys made him the vhark for all kinds of gibes between their united attempts to oust him from his yantage point. For a long time he stood the wordy and muscular as- gault without saying anything,.but even his phleg- ‘matic nature was aroused at last and he retorted ‘with the sentences that opened this chapter. “Say, you Dutchman, do you éxpect to get the job of office boy down here in Wall Street?” - shouted one of the lads. “Shoot the hat!” yelled another. “You fat galoot, it would take you all day to get as far as the Stock Exchange!” came from a third. boy just behind the German. The line suddenly swelled and a tremendous is al was brought to bear on the obstruction at the head. The young ee was fairly swept off his feet, but he clung t6 the door handle like Sold on Commission,” down the | waiting to see the boss of the office. The German “Say, fellers, once more, all together!” cried the . grim death. The boy right behind him, who acted . as the head of the wedge, lost his hold on the German’s back, and in a. moment fully twenty _boys were sliding and rolling down the corridor in a confused bunch, leaving a wide gap in the line. With a yell of exultation the rest of the boys dashed forward and closed up the spaee behind the German, leaving the lads who had tried to displace the leader out in the cold. The boys who had lost Publisher, sné., 168° a x their plates. picked themselves up and then there — was trouble. A dozen slugging-matches were go- ing on all at once, to the great detriment of the clerks, stenographers and others connected with the offices in that section of the big office building, who were making their way to aa One of the elevator men reported the disturb- _ance that was taking place on the sixth floor, and the superintendent and head janitor went up to put a stop to it. They had their hands full, As fast as the boys were separated they resumed the scrap at another point. Finally the superinten- dent entered one of the offices and telephoned for _ the police. A patrol-wagon and a dozen of the re- © serves were sent to’ the building. Part of them came up in one of the elevators, along with a bright-looking, handsome and well-dressed boy of perhaps eighteen. The cops and the boy got off at the sixth floor. The boy himself was astonished at the scene of confusion that greeted his eye in the corridor where his office was, for this was Fred Farnham, the broker, whose advertisement - was responsible for the gathering and excitement in the building. He had offly been in business for himself a few weeks, having prior to that been the Stock Exchange representative of Robert Ful- ton, an Exchange Place broker, in whose office he had been advanced from messenger. Having ac- evmulated a small capital through fortunate spec- ulation in the stock market, he had taken advan- tage of Mr. Fulton’s retirement from business to _ branch out for himself. Me had a “widowed mother and a fifteen-year-old sister to support, and lived with them in a modest five-room flat in _ Harlem. ; “Great Scott!” he exclaimed, as he viewed the rumpus. ‘“What’s going on here? ks like a free fight.” ; ; The next elevator dumped half a dozen more policemen out at the floor, and soon the officers had — a were marching — : all the serappers iad x in charge, and ~ ; \
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2 : THE YOUNG MONEY MAGNATE ‘them toward the different elevators. When Fred : walked toward his office after order had been re- stored, he found the German boy and perhaps fit- teen others lined up awaiting his appearance. “Stand back; please, so I can open the door,” he said, eyeing the leader of the line with some curi- osity. “Yaw, I done dot; but I pen here ak: ” said the German, with some anxiety lest he lose his place even then. “What's your name?” asked Fred. “My name vos Meyer Suppegreenz.”’ “Well, walk*inside,” said Fred, opening the door and entering. The German boy followed him and the whole line brought up in his rear, ranging themselves from Fred’s desk to the door. “I guess you’ve never worked in Wall Street,’ said the young broker, after he had seated oud self, looking at Meyer Suppegreenz. “Nein; but mine uncle said dot I vos der poy for der shob,” replied the applicant. “But I want a boy who is quick on his feet and bright as a steel trap.” 2 : “Vell, I vos quick mit mine feets, und I don’t » beena fool, neider.”’ “Got any references yA “Yaw, I ped you.” The boy put his hand in his pocket and produced a letter. . It was a strong recommendation from Julius Schmidt, the: leader of the district where Suppegreenz lived. “How long have you been in this country, Meyer ?” # ‘ “Aboud fife months.” : “What have you been working at?” ‘Der grocery pizness.” “What. put it into your head that you’d like to be a broker?” smiled Fred. e “T haf an uncle vot is a proker in Yarmany, und he makes money shust as if he vos finding id.” “Where is your uncle in business ?” “Frankfort by der Main on.” “Why didn’t you stay with him? good chance to be promoted, didn’t you ge “JT vent to seen a sveedheart off mine by der oat off von day und der plamed steamer put oud tb sea pefore I got mineself on shore again.” iS “So you had to come to America whether you ~ Jiked it or not?” “Yaw, I ped you.” “You had to work ypur way, I suppose?” “Don’t say. nottings apoud dot. It vos ‘a sore spot mit me. I vos a wreck ven dey “put me on dot blaces dey call Ellis Island. Dey vould haf made me done der same pizness down in der coal- holes all der vay pack, only dot mine sveetheart told mine uncle, der groceryman, und he got me landed mit a pull.” “Well, sit down, Meyer, till I talk to these othe Be HOVS. 3 Pred examined all the other Siphotntk in turn. ’ There were only two that he fancied out of the ; bunch. . He took their names and addresses and _¢ then dismissed them as he had the others. Al- though Fred, with an eye to the future, had in- tended to hire a pbright-looking, active boy, he de- cided, for reasons that had suggested themselves, to give the German boy a trial and see how he would vate out. He pee an idea that Meyer caaote You had a greenz would be something of a novelty in Wall Street and would attract considerable. attention. _ So, with this purpose in view, he'told Suppegreenz that as he was the first to reach the office he — would give him the opportunity to make goed, — Then he explained what the office boy’s duties — would be for the present, and told him to seat — himself in the outer office by the window which looked out on a narrow court or air-shaft. As there was a big room full of pretty girls employed by an insurance agent right across from his post, Meyer was soon deeply anterested in watching their nimble fingers manipulating their type- — writers. It wasn’t long before the girls discoy- ered the rather ‘comical countenance of Suppe- greenz peering over at them, and he immediately became an object of interest to them. i Ri tubs ashen June a a's CHAPTER II.—Miss Tillie Bancroft. Half an hour elapsed and then the office door opened and Brokers Fox and Carter entered the reception room. Meyer Suppegreenz jumped up as quickly as though he had just sat on a tack. “Vell, you called to seen Mr. Farnham, ain’t id?” he asked the brokers. They looked at him in some surprise. “Is Mr. Farnham in?” asked Broker Fox. “Yaw. I took your names inside off you Picase™ “Tell him Mr. Fox and Mr. Carter.” “Blease took a seat,” said Meyer, and then oy te walked into the private room and announced the names of the two visitors, “Tell them to walk in,” said Fred. “Shentlemen, blease to valk by der office- in” said the German lad, and the two brokers stepped | into the inner room. “Glad to see you, gentlemen,” said Fred. “Help ; yourself to seats.” ee “You've got quite a cozy little sheep-shearing — den, Farnham,” said Fox, gazing around the — a young broker’s sanctum. “This is quite a surprise to see you as a full-fledged trader, By the way, that can’t be your office boy outside?” ae: “Yes. That’s office boy and messenger,” re- - plied Farnham, with a smile. Bs _Why, the messenger boys in this neighborhood na won’t do a thing to him.” ty “No, I dan’t think they’ll do much to him. He's. pretty husky.” a “Oh, come, now, Farnham, you’ve been a mes- sy senger yourself and know how it is. He won't Ay last down here. The boys will do him up in no time at all.” “Perhaps they will, but it’s my opinion the: won’t. I’ bet anybody who. tries to- step_on ie neck will get all: that’s coming to him. Have a cigar, gentlemen? JI.don’t smoke myself, but I keep a box of perfectos for those who do.” -“Thanks. I don’t mind if I do,’ said Fox, eee: ing’ himself. Broker Carter. also selected a weed and lit it, “I suppose you’re not very busy yet,” he said, blowing out a few rings of smoke. at: ‘Well, hardly. There’s no great rush as yet on the part of the public to overwhelm me with their orders. I expect that will come later.” : = “Are you buying bat Mis ue yourself 2” as 3k Ox. ; ff ata eee ae ne J al.) absense
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z : THE YOUNG MONEY MAGNATE «. “No, I can’t say that I am.” : The bfokers tried to sell the young trader other Stock that they were anxious to get rid of, but he . wouldn’t buy, so, in a little while, they went away disappointed. At that moment Meyer opened the door: and came in. : =. “Vill you seen a young lady py der names off « Miss Pancroft?” he asked. - .. “Certainly. Show her in,” », The.German boy ushered a very pretty girl into the inner room. Fred bowed and pointed to the chair beside his desk. '_ “Be seated, Miss Bancroft,” he said, politely. “What can I do for you?”- 3 “Are you Mr. Farnham?” ' «Yes, miss. That's my name.” fr She handed Fred a letter. He opened and read it. ~It was from the old cashier of his late em-\ ployer, introducing Miss Bancroft to the young broker’s notice. The note went on to say that the ¢ girl was a.capable stenographer. out of work. - ' That she had a widowed mother and several young sisters dependent on her for support, and -. the writer would consider it a personal favor if Farnham could put something in her way. . “Well, Miss Bancroft,” said Fred, “I’m sorry that I have to work for a stenographer at present, I have only just opened up for myself, and busi- ness hasn’t begun to come my way yet. I shall be glad to help you get something to do, however. If you would like to make my office your headquar- ters I’ll get you a table and a typewriter. There - are a good many people in this building who do not employ a stenographer steadily. You could make arrangements with a number of them to take dictation in their offices and then typewrite the matter up here. I think you could get work enough to keep you busy. If you consider my suggestion in a favorable light I will do all I. &n to get enough work to start you going, and after «that you can do a little canvassing yourself.” -. “J thank you very much for your kindness,” re- lied the girl, gratefully. “I have found it very. ard to get a satisfactory position. I have an- - swered more than a handred’ advertisements, and have made a great many calls, but without result. ‘I should be glad to accept your offer, but I don’t think I ought to put you to. the trouble and ex- _ pense that it woyldpnecessarily entail.” “Tt is no trouble for me to do a favor for one _ who needs it as much as Mr. Fry’s note indicates, * and I may say that I shall be glad to oblige Mr. Fry in, this matter, as he has been a good friend to _ ‘me during the time we both worked for Mr. Ful- ton. As. fgr the expense, I think $100 will cover ‘the outlay.” If you do well you need’ not even be under obligation to me for that. You can,pay for the typewriter a little at a time. As for charging you desk room, I wouldn’t think of. doing such a ‘thing. The little work I may need from time to time will offset that.. What do you say, Miss Ban- ‘eroft? Shall I have a table put in for you this afternoon and order you a typewriter?” _ “ZT will accept your generous offer, Mr. Farn- ham, and I hope you will understand that I feel eeply grateful to you for making it,” she replied, ith ‘tears in her eyes. ~ “All right,” neplied Fred. “I will consider the matter settled. Iwill order the table and the typewriter for you this afternoon when I go to Nests t 3 ca lunch, and you say about. ten, and we wi you to do.” : The girl thanked him with some emotion, and then arose to take her leave, promising to be at the office at ten o’clock next morning. as come in the morning, say, ltalk about getting work for CHAPTER III.—The Tip That Fred Got Through Suppegreenz, That afternoon Fred bought a table and a, type- writer for Miss Bancroft, and they were delivered by five o’clock. He also left an order with a printer for a few hundred business cards with her name, address and occupation on them. As he had nothing of importance on his hands that day e spent an hour interviewing a number of busi- ness people of the building in behalf of the girl.” Several of the persons who had no regular stenog- rapher promised to employ Miss Bancroft to do what they wanted done if her terms were reason- able, and Fred was satisfied she would do very well after she got started. He kept Meyer till four-o’clock that day to look after the office while he was out, and when he returned at that hour the German boy told him that several gentlemen, who said they were brokers, had called to see him. . “What were their names, Meyer?” asked Fred. “Vell, von vos Mr. Ventvorth.” R : ‘ “Wentworth; yes.” ; “Annudder vos Fingle someding.” “You mean Finklesheim; don’t you?” ‘ “Yaw, dot’s right. Und der udder, vell, he vos a funny lfddle fellow mit a glass eye, und red hair vot stuck up like der quills. off der poreupine.” » “Oh, I know who you mean. His name is Pindar.” i ve _ Fred knew him only by sight, and was not par- ticalarly anxious to know him any better. in- klesheim was another trader that the young broker was not over-desirous af numbering among those he was pleased to receive as callers. He was as shifty as guicksand, and as dangerous to have dealings with. ©. ve ' “Well, what did the gentlemen have to say?” “Ven I told dem you vos oud dey vouldn’t took guine vord for dot,: but looked into der private rooms to seen off I vos a liar. Der shent mit, de glass eyes vos going in, but I grabbed him by a arm und says ‘Nein, nobody gone in dere ven der poss vos oud.’ He got hot by der collar und said who I vos, anyway? I said I vos der office poys, und vos in sharge off der places. Dersudder two laughs at dot, und Mr. Ventvorth said vhere I come from? I said from Yarmany, und dey laughs again. Mr. Ventvorth den said to Mr. Fin-~_ glessomeding dot he vondered vhere you bicked me - up. Mr. Finglesomeding said:he guessed I blew py der vinders in. Dey all laughed as if dot vos a. unny shoke. Dey vent’in der hall-und I listen by der door. Den I heard Mr. Finglesomeding say to der man mit der glass eyes dot he guessed you vos a easy mark, und dot you vouldn’t last so long. Dey vent und stood py’der vinders vhere I seen der girls vorking mit deir fingers by some liddle machines, und talked togeder. Myr. Ventvorth said, ‘Let’s sold him some off dot new Blizzard stock vich looks purty nice but ain’t vorth’ der pa er it vos printed on.’ He said dot he got took n himself mit 10,000 shares, und he vould like to —
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- _hé’had secured the promise of work for her. aie Ce ee . THE- YOUNG MONEY MAGNATE - -got rid mit it before der bottoms come oud off it. Der udders said dot dey got some off it, too, und vould be glad to sold it to you.. After dot vos agreed on dey got talking aboud somedings dey called D. und G. ‘Dey said der pools vos‘all ready, to gone ahead und puy all.der shares in sight, und dot dey oxbected der brices vould gone to 80 inside off a yeek, vhen dey vould sold oud und took in der brofits. Dey den valked avay.” Fred was much amused by Meyer’s report until the German boy began to mention what Wen- worth and his companions said about D. & G., ther he pricked up his ears with considerable eager- ness. He saw that his office boy had gotten hold of a valuable tip by having sharp ears and litening to the conversation in t he hall. It was evident that Wentworth, Finklesheim and Pindar were inter- ested in a pool that was about to buy up D. & G. shares on the quiet for the purpose of booming the price after they had succeeded in cornering the «stock as well as they could. It was quite clear to. Fred that the men would not have spoken their “ minds so freely in the hall if they suspected that Meyer was listening. Fred chuckled to himself as he thought the matter over. Meyer certainly, had a wooden face, but he was pretty sharp, for all that. Fred went to his desk and looked up the standing of D. & G. It was around 60. If it went up to 80, as Mr. Finklesheim said it would, ac- cording to Meyer, that would represent a good profit on a thousand shares or more. - Fred waited till the table and typewriter for Miss Bancroft had been delivered, an@ then he went home. ~ Next -morning Meyer opened up the office and mounted guard till his. employer appeared. At ten o’clock Tillie Bancroft walked in, and Fred told her a! e gave her a paper with the names of the gentlemen who had consented to give her a trial, and told her to*eall.on them at once. She did so, and securéd three engagements. She began taking ‘dictation right away in the three offices, and got enough work.to keep her busy all that day. Fred called Meyer. “Meyer,"ehe said, “you are not vety well ac- 3 quainted with this neighborhood. I think you had better go out and take a walk around. ind out where the Stock Exchange is, and the names an ' Jocations of the big office Hes titoe Understand? “J ped you. I,found dem all oud pefore I got a “pack.” Fred then gave him some general directions re- garding the financial district and explained where the Exchange and the more prominent buildings ~~ were, and then Meyer. put 7 his derby, which -_- made Miss Bancroft laugh, it looked so funny on /« his big head, and walked out of the office. “Fe is a comical-looking boy, isn’t he?”*she said to Fred. zy 5 eer ~ “Yes, he is; but there are no flies on him, just the same. I’m willing to bet that a good many people will get fooled on him before he’s been a - month in the Street. Well, I’m going to leave the office in your eare until either Meyer or I get back. You can tell anybody that asks for me that ’'m - over at the Stock Exchange.” st He went directly to his safe deposit box in the - Washington vaults and took out $18,000 of his -zapital. With this he visited the office of a well- known broker, named George Westcott, with whom ‘he was on friendly terms, and gave him an order ¢ buy 3,000 shares of D. & G. at the market on. -10,000° shares if you ‘would like to take them. ‘They’re going-at 15 cents to-day, but I haven’t th a 2 eo the usual margin, which would amount to about — the $18,000. Then he went over to the galler Hf ie the Exchange and ‘watched the buying-and sole A of stocks by the mob of brokers on the floor. — About one o’clock he went to lunch, and when he. got back he found Meyer reading a German novel with a picture cover. Ba “CHAPTER IV.—Fred Makes a Neat Profit at the _ Expense of the Syndicate, a Miss Bancroft out to lunch?” he asked the oy. ms “Yaw. She said off you come in pefore she got _ back to told you dot Mr. Ventvorth vos here to _ se you.” ‘ z iss Bancroft returned after a little while and _ resuméd her work. When three o'clock came ous Fred told Meyer he could go home for the ay. ANZ. “Shimmany cribs! But this is a fat shob, I pe you,” he muttered to himself as he went out ned oor. . , Ata quarter past three Miss Bancroft’ looked into Fred’s private office and told him that Mr. Wentworth and Mr. Finkelsheim wished to see im. : “Tell them to walk in,” said the young broker, and a moment later the two gentlemen came into the room. a ¥ ae “How d’ye do, Farnham?” said Mr. Wentworth, with apparent cordiality. ‘“We’ve caught you in at last.” as z pate “Y’m pretty well, thank you. How are you, Mr. Finkelsheim? Make yourselves at boner: gentle- men.” 4 7 5 “They seated themselves, Mr. Wentworth appro- prising the chair next eo ote ar : es) =e . “Let me see, you’ve been in business about a week, -haven’t you?” said Wentworth. = = ; “About that.” bakes ~ “I don’t see how you find the work to keep stenographer busy,” < . t out “She’s a’fine-looking girl,” put in Finkelshei “I’d like to make an exchange with you, Farn ham.” zi ie Lee “JT guess you’re joking at: i You've a pretty smart little gif.” © ; “Yes, she’s smart enough. Say, where did you pick up that animated pretzel you have for an office boy?” Bore: operat “T got him through an advertisement in per.’’. Z ; : ee “He looks like a Dutch cigar-store sign. Wh you’ll be the laughing stock of the Street if y don’t ship him.” : r “I guess I can stand that, Mr. Finkelsheim. I’m going to break him into the business. He wants to be a broker. The two traders roared at that, Seis “By'the way, Farnham; to change the subje would you like to invest in some shares of the ee R) Blizzard Gold’ and Silver Mining Co.?” ask Wentworth. “It’s a new mire, but, from all ac- counts, it’s a hummer. I can put you next to ney’? the least doubt they'll be selling ata dollar fore ars . many months. The ore marked out at is simply of phenomena] richness.” — “
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= “Sorry, Mr. Wentworth, but my friends are all _ tied up at present in a little deal I have on the _ tapis.” . : “What.deal is that?” f “J don’t care. to say what it is, but I expect to make a few thousands out of it.” é “A few thousands, eh? You couldn’ make few thousands easier than gaing into the Blizzard ~ mine.” ; “If the mine is as good as you say it is, you . ‘should have no difficulty in disposing of the stock.” ' “We'll have no difficulty in getting rid of it, but ‘we thought we’d give you a chance to take some of it before we put it on the Curb. If I were you I’d _ try to hunt up a few dollars and take a few thou- sand shares off us,” «71 think about it, Mr. Wentworth. Should I « have some spare funds in a day or two Ill drop into your office and see you about the matter,” re- plied Fred. “TI tell you what I'll do with you, Farnham: if -- you’ll take that block of 10,000 shares I have for sale I’ll let you have it for 12 cents. That is as _ good as presenting you with $300. What do you say? Shall we make the deal?” “Not at present, Mr. Wentworth.” The trader looked much disappointed, and after ey few more words the two visitors took their de- * _ parture. Fred laughed quietly to himself as they vent out. When he went into the outer office he _ found Miss Bancroft putting on her hat prepara- — .tory to going home. “Done for the day, Miss Bancroft?” he said. “Yes, I just finished my last piece of work. I have done very well for a first day, and have promise of as much more for to-morrow. I am sure I never can thank you enough for your kind? ness, Mr. Farnham. You have sliown a good deal of interest in one who was a stranger to you till yesterday.” ‘ RENE ? “Don’t mention it, Miss Bancroft. We're not strangers now, at any rate. In fact, I hope we ‘shall become very good friends.” “T am ‘sure we will,” she replied, with a blush, gs she noticed Fred’s admiring gaze fixed upon _ her. ; : ’ ‘Then she held out her hand to him and bade him _ good-afternoon. Next morning when the Ex- “change opened and ‘the first quotations began to come in, Fred noticed that D. & G. had gone up a point. It didn’t advance again that much for a * couple of days, when it reached 62. = “Well, I’m $6,000 ahead of the game ‘at this point,” said Fred, with considerable satisfaction. “How Wentworth, Finkelsheim and the rest of their bunch would howl if they knew I’d got in on the ground floor with them on D. & G. Plet West- - cott-in on the tip and he’s bought 10,000 shares for “himself. That’s 13,090 shares they’ll have to take eare of if we should happen to unload it on the market just as they are beginning to liquidate, and is liable to make a hole in their profits.” D. & G. went to 64 that day, and to 65 the next. It continued to advance as the stock grew scarcer under the quiet buying of Wentworth and Finkels- heim, who represented the syndicate. Finally the THE YOUNG MONEY MAGNATE. 5 * boosted the price to 76. Fred they called on West- — cott and told him to sell his shares, as. he thought ® it had gone high enough to satisfy him. “Let them go in three 1,000 lots,”-said Fred. . “All right,” replied the broker; “and after I get yours out I’ll begin to feed them with mine. Be- tween us both we ought to get $175,000‘ of their expected profits.” He went over to the Exchange and offered Fred’s stock for sale at 763-8, and Wentworth ‘took it in. Then he went over to Finkelsheim and asked him if he wanted any D. & G. “How much have you got?” he asked. “Five thousand shares.” Finkelsheim nearly had a fit, but he had to ac- cept it or let it be thrown orf the market, and the” pool couldn’#afford that. Westcott then returned -to Wentworth and offexed him 2,000 more shares. The broker accepted it. “Want any more?” asked Westcott, after they had exchanged memorandums. “I’ve got another block of 3,000.” Wentworth didn’t want it, you can depend, but he dared not refuse it at that stage of the game, so he bought it, and that let Westcott out with a profit of $165,000. Fred was perfectly satisfied “with his profit of $16,000, which raised his capital, to $38,000, and gave him a thore solid backing for future business._ CHAPTER V.—Fred’s First Customer and What ai 4 His Second Visit Led To. The Wentworth, Finkelsheim and Pindar syndi- cate worked the D. & G. deal for a good profit, in spite of the heavy price they had to pay for a good bit of the stock, and after they liquidated the general public paid the piper, as it usually did. Fred had an advertisement running in several of the financial papers, and it was about this time that he caught his first customer. A big, heavy- set man came into the office one day and asked for him. Meyer announced him, and the young broker told him to ask the visitor to walk into the private room. j i “How do you do, sir,” said the caller. “I would like to see Mr. Farnham. I saw his advertisement in the ‘Daily Indicator.’ My name is Bagley. 1] live at Shreveport and am visiting the city on business connected with my hotel.” : “J am Mr. Farnham,” replied Fred. “Take a seat and let me know what I can do for you.” You are not Broker Farnham, are you?” asked. the visitor. “Yes, sir.” “You look rather young for a trader.” “Probably, sir; but it’s the young man who is running the world these days.” “I guess you’re right. Are you a member of the Stock Exchange?” “No. -I couldn’t be if I was worth a million.” “Why not??” “T am not twenty-one yet. It is one of the rules of the Exchange that a member must at-least be of age before he is eligible to a seat. That is the one disadvantage of being too young in Wall Rie Street.” ‘ “How, then, do you manage to do bysiness?” : “Basily enough. I have a businéss arrange- ment with one of the members of the Exchange, You look pretty smart. > ee “i.
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6 3 THE YOUNG MONEY MAGNATE @nd he buys and sells for me on the floor of that institution.” . “Then you can do business just the same as any other broker?” “As far as my customers“are concerned I can, ir,” “ “Very well; that is satisfactory to me, provided you are responsible.” “I can refer you to several brokers as to my re- sponsibility, if you wish.” “Oh, I guess I can trust you. You look honest -to me.” : “Thank you,” laughed Fred. “An honest-look- ing face has its advantages even if'the owner is a ook. Do you want to buy or sell some stock?” - “Yes, I’d like to get some Blizzard mining stock.” * ‘ 4 “Blizzard!” exclaimed Fred, in _ surprise. “That’s a new mining proposition. I can get you all you want at 15 cents a share; but I can hardly recommend it as a winner.” ‘ “Well, I’m willing to take a risk on it,” replied the man, in a confidential way, and, as Fred thought, significant way. “All right, sir; you are the doctor. ‘_How much ~ do you want of it?” ‘ ~ «PJ buy 10,000 shares, if you can get it forsme at.15 cents.” “That will cost you $1;500.” “Here is the money. When can you have the stock for me? I’d like to get back home on the seven o’clock train.” “Tf you will return in an hour I’ll have the stock for you.” a “Y’ll be back. What commission do you charge? Same as the San Francisco and Goldfield Ex- changes—on ‘stocks quoted at between 10 cents and _ 25 cents a share—$2.50 a thousand shares.” 3 “That will be $25 for the 10,000 shares of Bliz- zard?” zs, “Yes, sir.” : eu “All right. That’s reasonable enough. I’ll be back about three.” : _ Fred gave him a memorandum of the transac- tion with a receipt for $1,500, and his first cus- - tomer departed. The young broker then put on his hat and went down to Wentworth’s office, “Hello, Farnham,” said the trader, when the _ ~ boy walked into his office. “What can I do for you += to-day??” ‘ ‘ “T game after those Blizzard shares you offered ‘me the other day for 12 cents.” “J didn’t say you could have them any time for 42 cents. The market price is still 15 cents, ac- may said if you’d take me up then I’d let you have them for 12-cents.” . + “All right,” replied Fred, rising; “if you don’t Want to sell them at 12 I won’t bother. I think that’s enough for the stock.” & “What you think, my boy, and what others _ think, are two different things. However, since "you are bargain-hunting to-day, and I said I’d let you have the block at 12, I’li let. ’em go at that, though iat presenting you with $300.” * “Youre uncommonly benevolent for a broker, Mr. Wentworth. Get the stock, Here is $1,200.” 2 The trader counted the money with some alac- __. xity, carried it to his cashier with a memorandum, 27 and Fe ye cording to the latest reports from Goldfield. I - ‘the letter would easily account for Mr. Bagley’s d then retrned with ten 1,000-share certificates cles y puberent dependence 27 his frie $6 ei) Eve Totnes hte of the Blizzard Gold and Silver Mining Co., which he handed to Fred. us “Thanks,” said the young broker, rising. “I will now say good-day.” : “Good-day, Farnham. Call in again.” see Fred said he would some time, and left. “Well, I’ve made $325 on this deal, at any rate,” he said to himself on his way back. “I wonder- what put it into Mr. Bagley’s head to buy this stock? He looks like a pretty hard-headed, prac- tical man. Maybe he’s received a lot of glowing circulars and prospectuses from the mine’s pro- _ moter out in Goldfield and they impressed him. Well, I hope he won’t lose anything by his invest- _ ment. He can’t say that I was overanxious to push it on him. I don’t want any customer of mine to have it in his power to say that I helped - to do him. Some people, Mr. Finkelsheim, for in- Sewn don’t mind that kind of reputation,. but 0.” is . Mr. Bagley turned uy*at three o’clock and Fred handed him the ten certificates. The hotel keeper put them in his pocket with every evidence of sat- , — isfaction, and after a short conversation took his departure. He had been gone about ten minutes phen Fred noticed a folded piece of paper on the oor beside his desk. He picked it up and looked — at it. There was some writing on the inside, — which Yan as follows: : “as T-Sh See be “Tvanhoe, Nev., May 6. a “Dear Bill—I am going to put youton toa good thing. ._Take my word for it that it’s a sure win- ner and go the limit. It’s the Blizzard Gold and Silver Mining Co. It started, with a hurrah about — asyear ago, and was reckoned such a good pros vs pect that the price went to 85 cents a share. Then it failed to make good the prophecies of its pro- moters and the price has been sagging since till ~ it’s now down to 15 cents. For the last six months ~_ it has been looked upon in Goldfield with some sus- picion, some of the brokers regarding it asa gold — brick. Well, it is a gold brick, but not a spurious one. It’s the real article, but the news of the late discoveries are at present being kept a profound 4 — secret, so that those on the inside can buy back the ~ a treasury stock, sold for promotion purposes, as cheaply as possible. It will never get below 15 cents, but.in thirty days from now it will be quoted — at a dollar and over. Pin that fact in your hat. Quite a bit‘of the treasury stock is floating about — Wall Street, and should be picked up at 15 cents. Get next to as much of it as you can afford,to buy, — and reap the benefit of the rise when it comes. : r Yours truly, “W. H. H.” ms s 4 Fred was astonished at the contents of the paper. How had the letter, minus its envelope, — got into his office?. The only visitor Fred had had _ since he returned to )is office was Mr.’ Bagley, therefore, as the hotel keeper of ‘Shreveport had shown a decided interest in Blizzard stock, he must have dropped the letter accidentalky on th floor when pulling out his haridkerchief, as Fre recollected he had done. The glowing contents desire to get possession of some of the stock of the — Blizzard mine. His friend “W. H. H.” seemed to have secured inside information aboutethe mine that was veryevaluable, if true. Mr. Bagley — ’S WO Sor cab ba
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tae ia for he had bought 10,000 shares of the’ stock with . the object of profiting by the tip. Fred began to : Rincider if it cede be a good-thing for him to load up on Blizzard with the same purpose in view, since the pointer had come to him through the carelessness of the hotel keeper. While he was considering the matter, Meyer opened the ~ door and said: ; s ~ «4 Jady py der names of Bishop to seen you. “Ask her to walk in,” replied Fred. a moment the door opened again and a dash- ing-looking woman of perhaps thirty years en- —————— CHAPTER Vi—Fred Falls into Mr. Finkelsheim’s Trap. — «Mr, Farnham?” she asked interrogatively. “That's my name, ma’am. Will you be peated? 3 Z sate “Tt saw your advertisement in the Daily In- ‘dicator, ” said the lady, sweetly, “and as I have ‘gome mining stock I wanted to sell I thought 1 see you about Tse ; the right place,” smiled Fred, congratulating himself on the fact of catching two customers on the same day. “What 4s the name of the mining stock “you wish to ‘pell?? - would come down and “Well, you came to Dy ; “Dye got it here in my bag. My husband, who : mercial traveler, and is on the road at eatene. ‘ade me a present of the certificates out a month ago. I have decided that I’d rather the stock than the stock itself.” The lady opened her bag and brought out, to 5,000-share certificates’ of vis stock, since the price dropped -from 85 cents ree months ago.” ; “What will you give me for those four certifi- eat ) ” and sell stock only os com- be able to do something uess I could go on the Curb of the stock for 12 cents. In s vot vos in here J _hour‘later.. THE YOUNG MONEY MAGNATE 7 SS Se she was remarkably handsome,” replied Fred. “J ¢’ink dot Mr. Finglesomedings make a smash on her,” he said, grinning. : “Mr, Finkelsheim ?” : “Yaw. I vos oud py der hallvays vhen she came py dis office herseluf. Mr. Fingelsheim vos stooding py der stairvays at der time. Vot you dinks, he valks right up und stops her und said: ‘Vell, how did you make oud?’ She laughed and showed him somedings dot vos in her hand. Den _ he shook- her py der hand und laughed himseluf. ‘Come py mine offices,’ he said, “und I make it all : “right mit you.’ Und den she vent py his offices ~ mit him, yust as if he vos her prudder. [ dink Mr. Fingelsheim peen a gay poy, I ped you.” Meyer evidently thought the interview he had seen was very funny, but Fred did not think it funny at all. He suddenly smelt a big mouse, ~ and forthwith began to kick himself. He was sat- isfied that he was the victim of a put-up job. Mr. Finkélsheim had unloaded 20,000 shares of __ Blizzard stock on him by a ruse that now seemed + very transparent to Fred. Very likely Went- ; worth was in the game, too, and had helped the good work along, : Mr. Bagley had dropped the letter near his desk designedly, for soon after his departure the lady had called with the four certificates. Well, the first thing for him to do was to go out and see what he could get from a mining broker for the stock, and then he would know how much he was out by the transaction. He hurried down tu the Curb Exchange and asked a broker he knew what he would give for Blizzard mining stock. “T wouldn’t touch it with a ten-foot pole,” re- plied the broker, laughing. © “Why not?” replied Fred, in some surprise. — “It’s quoted at 15 cents on the Goldfield Ex- - change.” 4 : “That was yesterday, but the quotation amounted to nothing. The people interested in getting rid of the stock have been trying to keep up the price, probably by means of wash sales. The bottom fell out of the stock today, and it’s been removed from the list. As things stand now it isn’t worth anything. At any rate, I wouldn’t give a.cent a share for it. I know sev- eral brokers who have been bitten on ‘it. Went- worth is one, Finkelsheim is another, and Pindar is a third. They’ve been trying to get rid of it for some time, but nobody would take it off their es ae ; aoe one of the unfortunates, too?” m afrai am. I’m out got hold of” = $2,000 on what I “Well, charge it to prefit and loss, and then frame one of the certificates and hang it up in - your office as a warning to be more careful about your mining stock purchase in the future.” peas os Fred returned to his office pretty sore, but he registered a vow to get back at Finkelshéim © Some time for the trick that foxy trader had — played on him. Next day when he passed Mx Finkelsheim at the entrance to the building he Bde a satisfied grin on the broker’s counte- ance. ; ese While Fred charged the $2,000 he was out to “profit and loss, he didn’t intend to frame one of _ the certificates as the mining broker had na eur . gested. He put them in an envelope and phage 2 Las,
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B THE YOUNG MONEY MAGNATE : them in his safe. It was not impossible that the Blizzard stock might come to life again some day, in. which event he would be able to realize something on them. That afternoon, as he was about starting for lunch, Miss Bancroft, who had just been to hers, entered the office looking somewhat disturbed. “What’s the matter, Miss Bancroft?” asked Fred. “You look a bit rattled.” _ ; 5; “One of the clerks on this floor, I believe he is employed by Mr. Pindar, has been annoying me : for several days past.” Z 7 “Annoying you, Miss Bancroft?” Jae ven ae geais determined to make my ac- quaintance if he can. He came up in the elevator with me just now and actually had the assurance to speak to me. Then he followed close behind me as far as Mr. Pindar’s office. He certainly ‘ig no gentleman to act in that way.” . ‘ “What does he look like?” _ He's tall and thin, and ” jot erhat’s Mr. Pindar’s head bookkeeper. If he bothers you again let me know, and I will take him in hand.” “Qh, no, Mr. Farnham,” she replied, hastily; “yt don’t want you to get into any trouble on my account.” Gre “Miss Bancroft, I won’t permit you to be an- noyed any more than I would if you were my sister. 1 consider it my duty to protect you if you stand in need of it. I hope you.understand that J am your sincere friend, and _that I have your interest at heart.” : ; “Thank you, Mr. Farnham,” replied the girl, flashing a grateful look in his face. “You have indeed been very kind and nice to me since I eame to your office, and I appreciate it probably more than you td bed Fred bowed and walked out of the office. That afternoon Miss Bancroft was very busy, and worked up to five o’clock, Fred remaining to keep her company. When she was through he offered to see her as far as the elevated station at Han- of a sandy complex- over Square, and they left the office together. On- ; the way to the elevated he recollected that he had forgotten a small package he inténded to take home, and he asked her to excuse him a minute while he went back to get ti. It only took him ~ about two minutes, but when he came in sight of the elevator he saw Mr. Pindar’s head bookkeeper - making a bee-line for Miss Baneroft as she stood awaiting his return. : . “Well, if he hasn’t got a nerve,” muttered Fred, _ hurrying forward. “Some persons are never hap- -* “py unless they get themselves into hot water. The stenographer did not recognize the book- keeper until he was close to her, and then she stepped back from the elevator in order to avoid ving him the slightest excuse to address her. er e man, however, was determined to take ad- , varitage of his opportunity. ‘ei “Don’t run away, miss,” he said. ““Won’t you ia? aa me to introduce myself? My ‘name S ” _ “Mr. Kraft, kindly leave that young lady alone,” said a manly voice in his ear. _' The bookkeeper whirled around and came face CHAPTER VII.—Fred Learns Something - About Henry Kraft. “What’s that?” snorted Henry Kraft. “T yequested you not to annoy that young lady,” replied Fred, coolly. “How dare you butt into my business?” de- manded the bookkeeper, angrily, for he did not recognize the boy as Broker Farnham. : - “You have no right to try and force your un- welcome attentions on that young lady, Mr. Kraft. You don’t know her, and she doesn’t wish to know you.” { “Mind your own business, will you?” snarled the bookkeeper. “T am attending to my business now, and that is to protect Miss Bancroft against your undesir- able advances. My right to do so is unquestion- able, as she is connected with my office.’’ “Your office?” “Yes. My name is Frederick Farnham, stock broker.” , “Oh, indeed,” replied Kraft, with a sneer. “So you’re the boy broker,.are you?” He had heard considerable about Fred from his employer, and, as Mr. Pindar had no very high opinion of Fred, it was natural that his bookkeeper __ would also be somewhat prejudiced against the young broker. . “J may not be a man in years, Mr. Kraft, but I know how to behave myself toward ladies,” re- torted Fred. j : ‘Do you mean to say that I don’t know how to behave myself?” i “You are not behaving Yourself as a gentleman ~ towards Miss Bancroft, at any rate. is is the — second time today you have tried to force yourself on her notice without any encouragement on her ~ part. Now, please cut it out in the future.” : “You young whippersnapper, how dare you use such language to me?” roared Kraft, in a rage. At that moment the elevator stopped at the — floor, and Fred, ignoring the bookkeeper, said to the girl: 5 ty “Come, Miss Bancroft, we will go, if you please.” 1 She hurried into the elevator, and, as Kraft — made no attempt to follow—much to the girl’s re- lief—the cage went down without him. “6 “That man makes me so nervous,” said the — stenographer, as they. were leaving the buildin ‘ was 80 afraid that you might have trouble with : m.” : c “T don’t think he would have found it to hia ~ ad vanteay to have had a run-in with me. [am nog — pois bit afraid of people of his stamp,’’ re : “But it would have been dreadful if you had come to blows, just on my account.” “Shee “Tt would have been in a good cause, so far at ss was concerned, and I fancy he would have had cause to regret it had he made an attempt to — strike me. I am.fully able to take care of ee B I ' ty ” even if it comes to a scrap. oe $ Pe; hope Pome not annoy me any more,” sha 5 nervously. . a Vebge E ates wi er an idea that he won’t, sO don’t worry | about it.”» | 8 a i E ; ' After that they got talking about somethin ‘ed
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1 ~ “ THE YOUNG MONEY MAGNATE ~ 9: ‘more interesting than Mr. Kraft, and in a short “Yes, and I came after the interest on it for six time they reached the Hanover Square Station. months, which he told me I could get any time I Fred went as far as 129tlf Street with her, and asked for it.” _ then he walked across to his homie, while she con- “Have you got anything about you to show that tinued on up to the Bronx. Next day the young you gave him this money, ma’am?” broker noticed that H. & O. stock was attracting. The little woman pulled out a small memoran- considerable attention at the Hxchange. For sev- dum book, on the back of which was printed in eral days it had been going e slowly, but surely, small letters, “Henry Kraft,’@nd in larger char- and was now ruling at 56. ter some considera- acters, “PASS BOOK.” tion he decided to get in on it, so he called on “Well, ma’am, this is only a common memor- - . George Westcott and left an order with him to andum book, such as you could buy in any station- buy 5,000 shares for his account, putting up a er’s store for a nickel, and not at all like a margin of $28,000. Inside =" three days the stock banker’s pass book. How came you to deposit went to 61 1-2, and then d sold out, making a ‘your money with Mr. Kraft?” ; profit of about $26,750, and raising his capital” “te ysed to board with my sister. He dressed - to nearly $63,000. well and seemed to have plenty of money. I had ’ This successful deal was splendid salve for the my money in a savings bank at 4 per cent. inter- throwdown he had received from Mr. Finkelsheim, est. He told me if I would deposit it with him and he forgot all about the dead shares of the he’d give me 5, and perhaps 6 or 7, if conditions — Blizzard mine that lay snugly tucked away in his were good in Wall Street. He said he paid 6 1-2 ' safe. Miss Bancroft was not troubled further by per cent, last year to all his depositors. He talked yt Henry Kraft, who gave her a wide berth whenever to me a good deal about the matter until I finally they accidentally met, either in the elevator, or in took my money out of the savings bank and let _ the corridor. Kraft, however, had it in for Fred \ him have it, and he gave me that book to keep. for interfering between him and the young lady, He told me to let him know when I wanted any of and he cudgeled his brain for some plan that my money and he would bring it up to me and save would enable him to get square with the young me the trouble of coming down after it.” a *broker. He was willing to do most ea | how- _. “Very kind of him,” said Fred, with a tinge of ever mean and contemptible, provided it did not sarcasm in his tone. ; react on himself—in fact, such tricks were right “Lately he moved away-from my sister’s and I in line with his nature, and came easy to him; but couldn’t find out where he had gone. It was only _ their success depended largely against whom they by accident that I found this card at my sister’s. were directed. : The one he gave me originally he had borrowed . While he hated Fred, he was, at the same time, back to use as copy for the printer, he said, but _ $ ape the rinpat young pore ot so i yout he si hd return it.” : gouie slow about getting back at him, appened, how- “Well, -ma’am, my advice to you is t in ever, that trouble oyertook him from another Mr. Pindar’s office and see if the ae Scraft : a Si quarter. One day, as Fred was on his way to the who is bookkeeper there is the same man who _ elevator, he saw a poorly-dressed little woman, of represented himself to you as a banker and pores forty, looking at the different doors as if broker. If he is, you’d better ask him to return __ in search of seme-namé. Thinking to be of service you the $900 belonging to you and then put it back a to her, the boy trader stepped up and_said: in the savings bank again. In my opinion you are ay 1s ‘Who are you looking for, madam?”. taking great chances of losing it by leavi i “A banker iy the riame of Kraft.” — his hands, for he certainly met it rox oan _. “There is no banker in the building by that misrepreseritation.. If you have any trouble in name, ma’am.” y i settling with him, come ‘in and see me, and I - Tsn’t this the Oriole Building?” ~ will try and help you out. Here is my card.” “Yes, ma'am.” = “I am very much obliged to you,” said the little — ee a an Sue eee! ‘ To es: pen iian his card. “You say * am at’s right, ma’am, r. Kraft is a bookkeepe . Pi pee = ay is Mr. Kraft’! card,” oe ae pies a floor?” ‘ ee eee 3 Bm: iece of pasteboard, evidently the production “Yes, ma’am. There’s his office Wes _ of a*cheap printer, on which Fred read: “Henry be back in about half an Ror Shona sae bee sae Kraft, Banker and Broker, Sixth Floor, Oriole at my office and I am out, wait for me. In fact, — ake Building. Money received, on deposit at 5 per it might be advisable for you to call andlet me cent.? : ; ,, now how you make out with Mr.-Kraft—that _ “I know a Henry Kraft on this floor, but he’s is, unless he gives you your money on d 4 Pet either a banker nor a broker. He is a bookkeeper which I am afraid he won’t do.” ~ ba ay ES for Owen Pindar, yonder. He is tall and thin, with Fred then continued on tothe elevater,- while 7G R sandy complexion and hair to match.” © - the little old lady, H ro -“That’s him,” said the little woman, eagerly. Owens, entered Mr. Pies on one ea a “But, madam, he is not in business for himself,” Ce =f ae oe Fred, regarding the card in a puzzled way. = . ai Ae a woman looked uneasy and somewhat <. ; stressed. é : CHAPTER VIII.— a in business for himself?”. she fluttered. . ee the Screws on 12s apes + ‘then he handed me his card he told me that he _ 2 i had been established ten years. He has $900 of my | When Fred got back to his “office , three< money, every cent I have in the world, on de- quarters of an hour later, he found the little old. Barbe ne Nii) eS ee lady waiting in the reception room. . Step right into my private Mx f Be °
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10 Owens,” he said, as politely as though she were a queen. “Well, what luck did you have?” he asked, after they were seated. “That was the Mr. Kraft to whom I gave my money,” she said. : “I thought as much,” replied Fred, dryly. “He admitted that he was now working for Mr. Pindar as his cashier and head bookkeeper, but that he was carrying on his banking and brokerage business as a Side issue. He assured me that my money was perfectly safe in his custody, and offered to pay me the 5 per cent. interest on it that was my due. I accepted - that, and he gave me $22.50. Then I told him. that I had concluded to draw my money, as I had use for it. He said that he had it out at interest, and that I couldn’t have it for six months. That was the arrangement he said he had with me.” “Was it, Mrs. Owens?” : = “No. When I let him have my money he said I could draw it any time I wanted to, but that I would lose the current interest by so doing, just as in any bank.” : ; “Well, what did you say to him? Didn’t you insist on his paying you?” “T told him that I must have it. Then he said that it was impossible under the arrangements. Finally he said that -he would try. and let me ‘have $100 in a month. I told him that was not satisfactory, and then he said that was the best he could do for me. I told him that I would have - to see a friend about it if he couldn’t settle with “me. He asked me not to do that, and said he would see if he could do better. He told me to return home, and that he would call upon me in a few days.” | : “The fact of the matter is, Mrs. Owens, he either can’t, or doesn’t want to, return you the money.” “What shall I do, then?” she asked, anxiously. “T can’t afford to lose it.” “Well, if you will give me an order on him for the $900 I guess I will be able to make him come up with it. In the meantime, if you want $100 on aceount, I can let you have it.” _ “Thank you. I don’t want to use the principal. The $22.50 he gave me will answer. If you will draw out an order on him for the money I will | sign it. I suppose you will’need the book?” “Yes, J will have to return it to him when he pays the money.” _ * . 234 Fred drew up the order and Mrs. Owens signed Lig. ae be ; ’ “Is this your address on the book, Mrs. ALS” oes (Fee : “Well, you'll ‘hope I shall be able to tell you that I have your money in my possession.” “J hope so, Mr. Farnham. I thank you very much for the interest you are taking in my busi- ness, and I am willing to pay you for your time.” . “There will be no charge whatever, Mrs. ~ Qwens. I consider it my duty to see that you are ~ not imposed upon by a man of whom, for reasons, J have no great opinion.” aa Mrs. Owens then. took her departure, and hortly afterward Fred sent eee THE YOUNG MONEY MAGNATE ‘pefore he vould gall py your offices.” hear from me tomorrow, and’ I> sent a note to Mr. Kraft | by Meyer asking him to call on him as soon aS possible. P In a few minutes the German boy came back. “Well, what did he say?” asked Fred. “He said he vould seen you to der old Nicks “He said that, did he?” chuckled the young broker. “Yaw, I ped you he did.. He vos purty mad vhen he read dot letters. He told me to go py der door oud, or he vould put me oud.” “He did?” grinned Fred. > 4 “Yaw. I said, ‘I don’t dink you vill put me oud. I could valk me oud midoud any help.’” nee Fred put on his hat and went straight to Mr. ~ Pindar’s office. Kraft pretended not to see him, — but_the young broker marched up to his desk. “I received the gentlemanly message you sent me in answer to my note, so I was obliged to come in and see you here,” said Fred. a 1 “What do you want with me?” snarled the book- — keeper. : “T have a little business to transact with you which I thought you might prefer to settle in the privacy of my office, but since you thought proper to return me an insulting reply to my request for you to call, why, we’ll fix it up right here.” _ “What business have you: with me? I have none with you.” ; “You are acquainted with an old lady by the name of Elizabeth Owens, I believe,” said Fred, — tersely. 5 Mr. Kraft gave a start ard changed color. “She has given me an order on you for the sum ~ of $900, which you owe her. Here is the order, and I make the demand for immediate payment." “What have you got to do with this matter?” roared Kraft, furiously. : “I represent Mrs. Owens. You will pay this — money by five o’clock to-day or I’ll have you ar- — rested and prosecuted for obtaining money under — false»pretenses. That is all there is to it, Mr. Kraft,” replied Fred, in a resolute tone and man-_ ner. : The bookkeeper staggered against his desk, the - picture of consternation. “T will settle with Mrs. yvurgled. mise a “No, you won’t. You had your chance to.do that a little while ago, and you turned her down, -_ Now you'll settle with me, or take the conse- * quences.” > es “You have no authority to interfere in this afte oe: fair,” said Kraft, tremulously. ‘ iesah =~ “Yes, I have.. That order is my Ruther Bite “TI can’t recognize it. I have an arrangement -— with Mrs. Owens which I can hold her to.” iy Je “You haven’t any arrangement with her. Even - : ae eee ‘ « pares Sh ray oth oko Re mars Waa Pe ea ay Sar ey Owens myself,” he if you had the whole transaction is clearly ie Si 4 ker - You represented to her that you were a ban and broker, which you never were. Here is your — alleged business card, which can be used against you in court: Perhaps I had better show it to Mr. — Pindar and ask his opinion about it.” Ses “Don’t for Heaven’s sake. He might discharge me,” faltered the bookkeeper. "8, “Then he doesn’t know that you have been issu- ing such cards, eh?” ; ; “T never issued any of them,” “What do you call this, then?” _ “T only got a dozen printed.” ~ eine age Be i
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THE YOUNG MONEY MAGNATE 15 . “Is that all?) That proves that you didn’t get gallery of the Stock Exchange Meyer followed them up for any honest purpose, I should im- him in and said: ‘ agine.” : “You told me to keep mine ears open vide vhen “T had them printed just for fun.” I vas oud, und I heard somedings apoud stocks I “There wasn’t any fun in taking the $900 from vos to told you, ain’d id?” * Mrs. Owens. It was every cent she owned in “That’s right,” replied Fred. “Have you heard -the world. What did you do with it?” something of that kind?” “T used it to make money with.” “T ped you I heard someding yust a liddle vhiles “Tn the stock market or at the race course?” ago.’ “You have no right to question me about my “Let me hear what it was,” said Fred, with an private affairs,” replied Mr. Kraft, doggedly. interested look. - « “Ail right. Are you going to settle with me by “Vell, vhile I vos stooding py der elevators, Mr. five! o’clock?” Finkelsomedings und anodder shentlemans come “T’ll'give Mrs. Owens $100 on account, and the up to took der machines down. Mr. Fingelsome- ' rest later on.” dings said to der udder shent, “‘Dere dot Dutch J “No. You'll pay the $900 eby five o’clock or lobster is, I told you apoud, who vorks for Farn- ~ leave this office in charge of an officer.” ham der poy proker, vot is a soft snaps to sold “T couldn’t raise $900 in so short a time to save Blizzard stocks to.’ Der shent looks at me und my life,” whined the bookkeeper, now thoroughly says, ‘Vhere did you got dat hat?’ I vos insulded i rattled. at such a questions ae I looked at him dis vays,” “What's ‘the best you can do?” here Meyer assumed a wooden: expression that “Maybe I can raise $300 by to-morrow.” made Fred. laugh heartily. “‘He is a fools,’ said -_ “Maybe won’t do, Mr. Kraft. That isn’t busi- der shent to Wr, Fingelsomedings, und Mr. Fingel- ness. Mrs Owens wants her money, and you-ve °somedings said, ‘Yaw, he got a screw loose By is got to ante up.” ; ubber story.’ Den dey both laughed und I felt . “Pll see what I can do, fluttered the book- purty mad, I ped you.” ké@eper, who realized that he was in a bad hole. “T though you was going to tell me about some- “Very well. I’ll expect to see you in my office thing in the stock line?’ said Fred. to-morrow, not later than four. If you fail to- “Yaw, I come to dot now. After dey left der » ‘eome to time I will first of all call on Mr. Pindar elevators I follow dem close und listen to deir talk. and state the circumstances to him, and then ’ll- Der shent said to Mr. Fingelsomedings, ‘Now, get out a warrant for your arrest.” don’d dose ct to got pusy mit O. & B. right avay. -. Fred then walked out of the office, returned to Ve vant all dot ve can get yust so soon as bossible, his own, and dictated a letter to Mrs. Owens which Und ve don’d vant to pay much over der market, Miss Bancrofé typed on her machine. vhich to-day is'42.” ‘Don’d you vorry,” said Mr. Fred. signed it, enclosed it in an envelope and ‘J ingelsomedings. ‘I vill seen to it at vonce.’ ‘Haf . ~~ gerit Meyer out to post it. ‘ - der stocks delivered py der Manhattan. National, Next day, about four, Kraft came ina very C- 0. D.’ ‘I vill done dot,’ said Mr. Fingelsome- ‘humble manner to Fred, handed him $200, and dings. “How apoud der sellings?’ ‘I vill seen to — gaid that it was the best he could do. 3 dot later on,’ said der shent. Den der elevators “How about the balance? asked the young, Come down und dey got apoard und I did, too. Dot broker. ¢ “ vos der whole dings. Vot you dinks? Id amounds “Pll pay you $10 a week.” to somedings, yaw?” me Gs “That won’t do. It would take a year and a “Yes, it looks pretty good. You are sure the half for you to pay up at that rate. Bring in $200 name gf the stock was O. & B.?” ‘more on Saturday and I will give you ten weeks to “I vould sworn to id py der Pible on,” replied pay the balance ‘in. Those.are the only terms I Meyer, positively: ‘will make to you.” “Very well, Meyer. If your information turns Kraft begged for more time, but Fred was firm, out to be a winner I’l] raise your wages two dol- -, and the bookkeeper left feeling as if life wasn’t lars a week?” : worth living. He had to pawn all his personal “Py shimmany, den I vill got $10, yaw?” | property of any value to raise the $200 which he “Sure.” : aid over to Fred on Saturday. The trouble was, “Do I got two dollars more efery dimes I found he had used the $900 in a marginal speculation © oud somedings like dot?” ~ and lost the greater part of it. He now had $150 “Yes, if it pans out.” up on a rising stock, and the result of this deal “Py shinsher! I safe me all dot moneys und von a / yas his only hope. During the next week he was off dese days I start oud mineseluf.as a proker, I _ fortunate enough to close the transaction out at a ped you. Den I got me married to Louisa purty -profit of $300. After paying Fred two $50 instal- quick.” x . _ ments, he went in on another dea] and realized Then Meyer went out into the reception room to ; “enough to get himself out of his hole, a sadder and think it over. + cae E wiser man; but, what his private feelings were “Off dis shob don’d peen a soft snap I’m a liars,” toward Fred we leave the reader to imagine. he said to the stenographer. “I oxbect to got rich ye von off dese days, I ped you.” _ “I hope you will, Meyer,” the girl replied, laugh- Sy ingly, for she and the German lad were on the best CHAPTER IX.—Meyer Suppegreenz to the of terms.* - . é Rescue. . In the meantime Fred was in his room figurin ; ' ; : on going into a deal in O. & B. on the strength o' 2 _ One day before Kraft had eotapisied all his pay- what Meyer had told him. The stock was ruling = ents on Mrs. Owens account, Fred came into the at 42, which was a low price for it. After duly — x Dific after having ‘spent a couple of hours in the considering the matter, he put on his hat apid. 5. a Wd, =ty
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irs © - called at Westcott’s office. The broker was in, and appeared to be glad to see him: “JT want you to buy me 10,000 shares of O. & B,, Mr. Westcott,” he said. “All right, I’ go out and get it for you right Se away.” + . ' “Here’s your’ marginal security,” said Fred, handing him a bunch of money which he had got from his safe deposit box on the way over. Westcott counted the cash, and finding that it was correct, he turned it over to his cashier, and then putting on his hat went out to buy the stock, while Fred went down Broad Street to see a Curb broker. That afternoon, when, as had become his - eustom, he escorted Miss Bancroft to the station ~and uptown, he found her a bit more reserved than usual. He had an engagement with her to take her to the theater that night, and when they parted she told him she would be ready on time. After the show they went to an ice cream parlor and then took the train for the Bronx. She lived several blocks from the station, and they did not hurry themselves after leaving the tr@in, although it was nearly midnight. She had very little to say as they walked along, and seemed to give more attention to the ground than usual. They had walked half a block in silence and were approach- ing her home when Fred suddenly blurted out: “Miss. Bancroft, there is no use of my trying to conceal the fact, I’ve learned to think a whole lot of you since I made your acquaintance. I am thinking more of you every day. In fact, I know I ‘love you very dearly, and I shall f° on loving you more and more as time passes. re you offended with me for telling you this?” -, No,” she replied, in an almost inaudible tone, -. with head bent. ; - “Won’t you tell me whether you care a little bit for me? Won't you tell me whether I dare hope that some day you will make me the happiest boy ~ jn the world with your love?” She made no. reply to this, but he thought she clung just a trifle closer to him than before. At that moment they reached the corner. -Suddenly, and without any warning, three ruffians dashed “upon Fred and strick him down, while another _ grabbed Miss Bancroft and stifled the scream that - rose to her lips. Fred, while dazed by the attack, was not overcome as easily as the rascals had an- ticipated. He wasup in a moment, and went for them with his sledge-hammer fists in a way that ~ereated some confusion in their ranks. Pence served by the ruffians, a stout boy with a flaxen- haired girl on his arm was approaching down the eross street. They stopped short and looked at - the scrap, which was taking place under a gas- ~~ Jamp. ES ig “Py shinsher! Dose shaps vill knock dot feller ‘oud und run avay mit his gel. I feel yust like tooken a hand mit dot scrimmage.” : “You mustn’d done it, Meyer. You got your- ~ geluf hurt, den vot vould become off me?” said his ~ eompanion, who was short and stout, and very _ pretty. ; s Meyer Suppegreenz, for he it was, shook himself ~ Joose from his anxious sweetheart and made a break for the ruffians, just as one of them felled Fred with a glancing blow from a slung-shot. ty Meyer uttered a wild yell and went for the three ‘men. The rascals were startled by his sudden ap-- pearance, and he bowled one of them over before they recovered themselves. THE -YOUNG MONEY MAGNATE “Then, the other two started for him. It happened, however, that a re-— volver had dropped from the pocket of the chap the German boy had knocked down, and he snatched it up and fired it into the face of one of the others, The bullet grazed the rascal’s cheek, while the flash of the powder blinded him. He ~ shouted that he was shot, and staggered off with his hands to his face. Meyer fired after the re-— treating ruffians, without any effect, however, than to make them run faster, and then he came back and looked down at the pair he had saved. ~ The gaslight.-shone in- their faces, and he recog- nized them in great astonishment. i . ee “Py, shinsher! Off id don’d peen Mr. und Miss Pancroft!”” , Then he shouted for Louisa to come over, and she was soon standing by his side. 63 Farnham CHAPTER X.—Fred Wins the Girl of His Heart. “es Tillie Bancroft was holding Fred’s head in her ~ arms and weeping, while she wiped the blood away ~ from the wound on‘his scalp, which was not serj- ous at all. Meyer knelt down and looked at the cut on his employer’s head. He saw that it was — “nothing to be worried at. : ea Dot don’d amound to noddings,’” Miss Pancroft. He vill spoke to you in a minutes. Yust vait a- liddle und don’d got so oxcided.” : fe: In a few moments Fred recovered enough to re- alize that he was practically in Miss Bancroft’s _ arms, and the sensation was so very tomes that. he took his time recovering completely. Festi. “Vell, Mr. Farnham, how you felt now?” asked Meyer. ° aN, a Sg a “Why, hello; that you, Meyer?” | “T ped you id’s me.” j ah : “Why, where did*you spring from?” said Fred, — as he got on his feet and grabbed the stenogra-— pher’s arm for support, for he felt dizzy. “And — who is this young lady?” ‘ fama 2 “Dis is mine sveetheart, Louisa Strauss. Lou- isa, dis is mine poss.in Wall Street, Mx. Farn-_ ea) ham.” i > 4 “Happy to meet you, Miss Strauss,” said Fred,~ — as the young German girl made a bob. } a “Louisa, I make you ocquainted mit Miss Pan- croft, who vorks dot machines called der type: — wriders at our offices,” went on Meyer, aig : Another. bob from the flaxen-haired girl and a "smile from the stenographer. bate er “You vish to know vhere ve spring from, Mr. — Farnham? Vell, Louisa und me peen to a surbrise e pardies at der houses off Mr. Koopenhaus, der gro- a a ceryman, who yust got back from a visits to Faderland. Ve vos coming py der street down, vhen ve seen der scrap, und I t’ought I vould took a hand in id to help der veaker pardy oud.” pe “Then I suppose! Miss Bancroft?and I owe our~ rescue to you, Meyer,” said Fred, grasping hi office boy by the hand. ; “Vell, I von’t said dot ain’d der fact. I gues dot Louisa und me didn’t got here any too quick,” “Well, I’m very much obliged to you, Meyer, — and sha’n’t forget what I owe you,” said Fred. “You’re welcome, und don’d owe me nodding.” “Youre a plucky fellow, anyway, Meyer. ‘Which — way are you going?” aie g ca “Louisa und me haf two plocks more to 1a se He =
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THE YOUNG MONEY MAGNATE 5 und den she vill be gree I lif py der corner gro- eery upstairs, yust a liddle vays more. Phen Miss Bancroft and’ I will bid you both _ good-night, as we go up this street,” said the ‘young broker, taking Tillie’s arm in his. "A few minutes later the stenographer had ~~ yeached her own door. Fred took her hand in his and put his arm around her unresisting form. _ “You do care for me, don’t you?” he ‘said, - eagerly. fo __. Yes,” she replied. » “How much?” : Z 2 “Oh, very much,” she replied, turning her head away to hide her blushes. es : “With all your heart?” he jersisted, drawing r+ to him. ; Ye mene Bs she murmured, dropping her head on his shoulder. . : : aay I love you with all my heart, too,” he said, raising’ her head and kissing her. Next morning, when the stenographer was tak- ~ ing off her hat, Meyer said to her: so» ~~ ®Vell, vot you dinks off mine sveetheart, Miss ~ Pancroft?” a é “She’s a very pretty girl, Meyer.” : -: “TF ped you she Neer ou don’t seen such a nice efery day, ain’t id? ; ; Soles Banerott laughingly said that she fully agreed with him. Just then Fred came in and rhe n good-morning. pis 2 eer tds come in aad take a little dietation, i ancroft?” : Peony? she replied, getting her notebook. | . Meyer looked at them meditatively, and then went to his seat and winked a big wink all to him- self. When Miss Bancroft came out of the room - after a very brief interval, looking very rosy about ‘the cheeks, Meyer was chuckling to himself at a _ great rate. wet oes ? «Tt ped me mine life dot dictation vos only a _plind so dot he could kiss her midoud gifing. der snap avay. done dot mit Louisa more as zwie ~ dozen dimes mineseluf,” and he chuckled again. After a little while Fred went out, and by eleven ~ o'clock was in the gallery of the Exchange, looking down at the hustling traders on the floor. Two days passed before there was anything doing in O. & B., and then it went up a gee of points. Next day it went up a point and a half, and one the day after, which was Saturday, it closed at 47. Fred, who was now looking for the boom to set in, ~ was in the gallery early on Monday morning. The _ stock opened at 47 3-8 and went with a rush to 49, - then a bear raid was made on it, and it fell back to 43 in a few minutes, amid great excitement, for the brokers who had bought,a short time before at a impres- 5 or about $130,000 for he believed 13 concluded that he wouldn’t hold on any longer. He knew that Westcott was on the floor, so he went downstairs and sent in for him, When the broker came in answer to his call, the young trader told him to sell out his shares at the mar- ket. Westcott nodded and -went back to carry the order into effect, while Fred went to lunch with a healthy appetite, for he figured that he would come out $150,000 ahead of the deal. When he settled up with his broker he found that his cal- culations had been correct, and that he was now worth $218,000. That day, as he was returning to his office after lunch, he overtook Tillie at the en- trance to the building. They got off at the fifth floor by mistake, and as soon as they discovered / their error they started for the next floor by way of the staircase. Right ahead of them was an old gentleman who was ascending the stairs with the . slowness and deliberation of one afflicted with the infirmities of age. At that moment broker Owen Pindar ran out of his office, which was close to the head of the flight, and dashed down the stairs in a great hurry. He had a bundle of papers in his hands that looked as if they might be certificates of stock. Mr. Pindar, in his reckless haste, col- lided with and upset the old gentleman who was ascending the stairs ahead of Fred. Farnham, in- dignant that he did not stop to apologize, lowered his head and butted him squarely in the chest. - CHAPTER XI.—F red Makes a New Friend and 4 Gets a Commission, ote Broker Pindar went backward, tripped over the old gentleman’s body, and landed on his back at the turn of the staircase. The papers had flown out of his hand and were scattered over the mar- ble floor below. He was sputtering with rage when he got to his feet. Rate “You young villain!” he roared, shaking his fist in Fred’s face as the boy ~was assisting the old entleman up. “You did thaton purpose!” = = “T admit it. You deliberately knocked this gen- tleman down and started on without pausing to see whether he was injured or not, or even to apologize. You acted like an overgrown hog, and I guess I didn’t give you any more than you de- served.” - Fics “How dare you call me an overgrown hog, you jackanapes?” F “J didn’t say you were, I merely said that you acted like one, and so you did.” ‘ “J will make you pay for this outrage,” gritted the trader. “I’ll have you arrested for assault!” “All right. Go on and have me arrested. Vl tell the magistrate how you acted to this old gen- tleman, and I'll bet he’ll make you feel like thirty - cents.” ; Mr. Pindar said something not-altogether polite, and then hurried downstairs to reeover his papers. © “T trust you are not hurt, sir,” said Fred to the old gentleman. . ; “T feel as if I had been rather roughly han- aries replied the old man, with a feeble kind of smile. re “T suppose I will have to apologize for Mr. Pin- dar’s rudeness, as he is a brother broker, if only for the honor of the fraternity. I don’t think many traders’ would be so grossly impolite ee old gentleman like yourself. I told him what I { ee to CaaS 4
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14 . “thought of his conduct, and I hope it will make -» him more cautious in the future when he’s in an uncommon hurry. Allow me to assist you up the rest of the way.” ° _ “Thank you, young man. You are very kind, ; Might I ask your name?” he added, as they walked up the balance of the flight. “My name is Fred Farnham. ,I am a broker, though a new one.” : “J am glad to know you. My name is Robert Marsh, and I am a retired operator myself.” “Pleased to make ‘your acquaintance, Mr. Marsh. Will you step in my office and take a seat ' for a little while?” - ~ “J will walk in for a few minutes. My nephew’s offices are on this floor, and I am on my way there, . I got out of the elevator on the wrong floor, that is why I started to walk up the staircase.” ™ On the way to his offce Fred learned that Ed- 2 ward Gibbons, a Curb broker and mining pro-~ _ moter, on that floor, was Mr. Marsh’s nephew. The young trader led the old gentleman into his puvate yoom and handed him a chair beside his desk. “You are quite youug to be in the brokerage business for yourself,” said Mr. Marsh. “May I ask how old you are?” ~ “Nineteen.” ‘ “How long have you been in business?” : “About three months. Prior to that I was the | Exchange representative of Mr. Robert Fulton, -who has retired from active participation in the affairs of the Street. I was in his employ nearly Pd six years, beginning as his office boy and messen- -. ger, and@working my way up. While acting for _ him at the Exchange I participated in a number of lucky deals on my own book and accumulated a small capital, which I have since increased to over $200,000.” : : “Indeed! You have been very fortunate.” : “Well, I have no complaint to make, so far. I -* . hope some day to be worth a million or two.” ‘ _ “You have your life before you to: make it in. _. My'‘life is behind me, but still I have done very -- - well. I don’t believe I am in any danger of going to the poorhouse.” “That’s a comfortable reflection when one gets to be old and no longer able to hustle,” replied Fred. “I have no doubt you find things much dif- ferent in Wall Street to what they were when you were a boy.” “Very much so. Young men of your age had a much better chance of becoming brokers then than have now. It didn’t take so much money in the _ those days grew up in the office, and often became a member of the firm if exceptionally smart. A seat in the Exchange is now worth close on to $150,000. Thirty years‘ago one could become a member for less than a quarter of ‘that sum. It takes a small fortune to do business in the Street _ which is the sutcome of high financial methods. The big chaps now seem to operate altogether with - Joaded dice. They have a firm grip on the market, nd nearly always win millions, while the smailer ed ay Took on at the game and are glad to pick up : $4 : erumbs left over.” “That's right, sir. Wall Street runs the country @ times. Two or three men of big wealth think THE YOUNG MONEY MAGNATE - majority of cases to carry on the business. Boys in.’ made the purchase of Blizzard stock. ts these days. Things are worked on a bigger scale,’ f buying a: railroad now, watering its — \ securities and unloading on the public at a hand- some profit.” 3 } After some further conversation Mr. Marsh said he would have to gor | oa “I am under considerable obligations to you, young man, for your kindness, and I hope I may have the pleasure of meeting you again. I come downtown very seldom now, so that it is impos- sible for me to say when I could give you another call. However, I shall be much pleased to have you call onme at my home. I live with my daugh- _ ter and her husband, although the house is mine, but will eventually go to my daughter and her children. The address is No. — East Sixty-eighth — Street. Any time you may fee] inclined to favor — me with a visit I will be happy.to see you. If you -should ever get into financial difficulties, and find yourself in danger of going to the wall, let me” know, and I may be able to help you out.” .) ss “Thank you, Mr. Marsh. I will give you a call ip the near future.” ha . The old gentleman then took his leave. A short ie time after Mr. Marsh’s departure George Westcott called and was shown into the private office by Meyer. : -d nee “T want you to do a little business for me, Farn- _ ham,” he said. : = “Y’m right on the job,” laughed Fred. “T’ve got a large order:to execute for a big cus- — tomer,”2 said Westcott. “For reasons, I den’t want to be known in the matter, so I thought you might — be able to do the buying for me.” ; ' “Tm ready to attend to it.” : pat “The stock is to be delivered C. O. D. at the Atlas National, so all you will have.to-do is to — pick it up at the best price you can within a couple _ of points of the market.” = “What is the name of the stock?” : “A. & P.” “How many shares do you want?” “Any part of 30,000.” 4 “That’s quite an order.’ “Yes. Ill divide the commission with you.” — “All right. That is quite satisfactory.” eo Mr. Westcott left, and then Fred started out to — gather in the 80,000 shares of A. & P., if he could find them. The stock was going at 72. By three. o’clock Fred had bought 12,000 shares. As he was making a bee-line for the office of-a broker whom he had been directed to, Westworth came along and stopped him. : ug ene “What’s your rush, Farnham?” he asked. “T’m busy,” xeplied Fred, who hadn’t spoken to «the trader since the day he was in his office an ao se eae On ee 2% . ‘ CS a ne § ORR & “Come in and take*a drink.” ; moat? “Thank you, but I think I told you once that I do not indulge.” . “You can take a soda, can’t you?”.« Fe _ Fred was not anxious to enter the cafe, but felt that it would look discourteous to refi Wentworth’s invitation, though he knew the - trader was no friend of his, so he went in with _ him and took a sarsaparilla, while Wentworth dered a mint julep. = “This is my tenth to-day, Farnham,” he said, he pulled the glass toward him. sss “TJ should think it was ten toomany.” “Oh, I’m used to them. They keep me pri up for business.” — See ES ey - “Some day they’ll do you up altoge’ a%; Ss ~ 2 . . , Gs “ex ion
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THE YOUNG MONEY MAGNATE “Don’t you believe it. They’re good for my health. Are you buying anything these:days?” %. Yes.” Sea What a8 ite? “Blizzard, if I can get any of it.” *¥ou’re joking, I guess.” : ; ‘“No. T’ve got 20,000 shares in my safe which ~ some good friend of mine unloaded on me just be- fore the bottom fell out of the mine. I’m keeping _ the certificates as an object lesson. One of these days, when the mine comes to life, if it ever does, - maybe the laugh will be on my side.” _,' “When those prospects peter out it is generally * for good,” grinned Wentworth. ‘You'll never re- alize anything out of Blizzard.” . “Tf I recollect aright, when you offered me 10,- ' 000 shares of it at 12 cents,-you praised the mine up as a winner,” replied Fred, drily. “T though it was at that time.” - “You were glad to sell me those 10,000 shares at 12 later on, just the same.” : ~.. “You bought them for a customer,” said Went- worth. : San “How do you know I did? I didn’t tell you.” “T had that idea.” “Yes, I bought them for a customer, but I gues8 I got them back again.« Well, I’ll have to leave ‘you. Have a cigar on me.” + “Don’t care if I do.” - ; Two minutes later Fred was on the street again. eo —_ GHAPTER XII1.—Fred Makes Another Neat 3, Haul in the Market. Fred secured 6,000 more shares of A. & P. by four o’clock, and the balance of the,order he filled next day before noon. He then notified Westcott by note that he had bought the whole of the stock, - -which he presumed had already been delivered*at the Atlas‘Bank. The broker complimented him on his suceess and sent him a check to cover one-half of the commission. That closed the matter, and * Fred felt at liberty to look around and see if he . ould buy a few shares on his own account, as he suspected that Westcott was buying for a syndi- cate that intended to boom the price. He found it so scarce that he was only able to buy 3,000 _ shares, at 721-8. He got the broker who had it to hold it for him on a 10 per cent margin. On his - way back to the office he dropped in on Wentworth and asked him if he had any of the stock. _ “Not a share, Farnham; but Finkelsheim has - some.” nit ne : » “Sure of that?” ; "He had it yesterday, at any rate.” - 71] call on him and see if he’s got any now;” ae said Fred, ees ae Getting out of the elevator on his own floor, he _ walked into Mr. Finkelsheim®office. The broker | Was surprised to see him, and after‘telling him to - git down, asked the young broker what he could do for him. Tae fi , “I want to get. some A. & P. shayes. Mr. Went- worth said you had a few.” “How many do you want?” ; : “That depends on what you’re asking for them.” “Tl let you have any part of 5,000 for 73.” “No, Lcan’t give more than an eighth above the lene if you want to sell the block at 72 1-2 I’ 2 Ee; CREM 3.5, Y4 ah Me isa Tae ee cE oe es Be ee ‘way. It was evident _ what puzzled him was how 15° “Margin or straight?” “Margin.” “All right, you can have them,” and the deal was made between them. “Pindar has 2,000, if you want any more,” said Finkelsheim: : “T’m not buying anything from Mr. Pindar, If you want to get them for me I’ll take them at T21-22" “Wait a minute.” Mr. Finkelsheim called his boy and sent him with a note to Mr. Pindar. He came back in a few minutes with the stock An hour later.the price of A. & P. advanced to 73. Westcott himself bought all that was in sight on the floor at prices varying from 731-8 to 74 8-4. Then some of the other brokers woke up to the fact that there was something in the wind about A. & P., and their efforts to get the stock sent it. to 76. Mr. Finkelsheim called twice on Fred that day, and the Jast time found him in. : “Y’ll give you 76 for those 7,000 shares I’m hold- ing for you,” he said. Fred declined to sell, saying that he was looking for it to go still higher. i “Did you-get a tip on it?” asked the broker, euriously. ; “No. The only tips I ever got were those you gave me.” : : “Me!” exclaimed Finkelsheim,gingsurprise. “I - never gaye you or anybody else a tip. You are dreaming!” On the following day | “You mean I-dreamed it. I guess you’re right. . — I do have funny dreams sometimes. For.instance, - I dreamed that you once sent a lady in here with 20,000 shares of Blizzard mining stock to unload on me at 12. ~':ts, just about the time the bottom fell out of tne mine.” © ° Mr. Finkelsheim gasped and changed color, for he had not the slightest suspicion that Fred had — any inkling that the trick played upon him was a ~ t-up job on his part. : ; “Unfortunately,” continued the boy trader, “the dream occurred too late. buy the stock, and it’s in my safe now, worth — about so much old paper.” tia “Are you hinting that I sent a lady to you with that stock?” asked Finkelsheim. “Oh, no, I’m not accusing you of doing such a trick, though I believe such things are considered I was chump enough to — as legitimate in Wall Street: I merely said that « — dreamed it.” “ “T should hope that you wouldn’t think me ilty of taking any advantage of you,” protested ‘his visitor. , by .: vn gee your plea of ‘not guilty,” laughed Fred, 2. ‘ 1, that wasn’t-the only remarkable dream I had in which you figured. About three months ~ ago I dreamed that you, Pindar and~ Wentworth came in here to see me. While you were here you put me on to the fact that you were all interested in a syndicate that was about to boom D. & G._ rie The dream impressed me so much that next day I bought 3,000 shares of the stock, at 60. The price ~ went up soon Jater, and I unloaded the shares on — somebody in the Exchange, at 76 3-8, and cleared $16,000. That was'a lucky dream, wasn’t it?” Finkelsheim gazed at Fred in a dumbfounded — at the boy broker had se- — cured some advance knowledge about the syndicate“ rages in questi6n, and had used =
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3 ame the 7,000 shares in small > AY _ it got about 57, and then sold out. tled with Fred for the A. & P. deal, and Pindar called at his office in response to notes. 16 secret out. The reader will remember that Fred got the tip through Meyer Suppegreenz, who heard the three brokers talking about the syndi- cate the day he was hired by’his young employer. “Then I had a third dream about you,” con- tinued Fred. “I thought some operator hired you to go out and buy O. & B. shares on the quiet. As my last dream had been so fortunate I, decided to take a chance on that, too, so I bought 10,000 shares of the stock for 42. Sure enough, in a short time it began to go right up. I held on till I cleared .$150,000. I hope I’ll have another dream of that ‘kind that will net me a quarter of a million.” Finkelsheim was knocked all of a heap by this second revelation, and he did not know what to make out of it. He began to wonder if the boy didn’t have the gift of second-sight. “Those were the only tips I ever got, and they came to me through you, as I have just explained,” chuckled Fred. Finkelsheim grunted. He would have given a whole lot to know just how Fred did get wise to the two facts in question, for, of course, he didn’t _ take any stock in the boy’s statement that he had dreamed the things he had said he did. He was sharp enough to see that the young broker was laughing in his sleeve at him, and he was. hot under the collar over it. He did not deem it wise to let on that@he matter affected him in the least, so, asking Fred once more whether or not he could close out his A. & P. holdings at 76, and receiving a negative answer once more, he took his leave. “T’l] bet he won’t get over those dreams for a week,” chuckled Fred, after the visitor had gone. “He knows I got on to the information in some mysterious way, and that I made money by it. That will make him sick.” - Next day the brokers in the Exchange began to how] over A. & P. Everybody wanted to buy the stock, but it was scarcer than hen’s teeth. Who- ever held the shares was not letting them get out. And so the price went to 85 in short order. Fred stood in the galleyy and watched the circus below. Every time the price went upyanother point he shook hands with himself, for it meant that he was $10,000 richer on paper. When it reached 87, Fred went to the office of the broker who held the 8,000 shares on margin and told him to sell the stock. It was gobbled up in 1,000-share lots, and _ the price kept on up. “Then Fred noticed that the stock was coming out from other quarters. “Tt’s time for me to sell the rest of mine before the price begins to sag,” he told himself, so he Finkelsheim and directed him to sell lots at the market. . It was a bitter pill for the trader to help in- crease Fred’s cash balance, but, of course, he had to go through with it. Next day he sent his check dropped in on to Fred, and the boy found that the 7,000. shares had been sold for an average of 88. Altogether the young broker had cleared $147,000.on the deal, which raised his capital to $360,000. CHAPTER. XIII—Fred Refuses to Become a ‘ oe Member of a Blind Pool. - he afternoon of the day that Finkelsheim set- mtworth Psy’ 7 rete THE YOUNG MONEY MAGNATE “Well, what’s in the wind, Finkelsheim?” asked Wentworth. “T want to talk to you about Farnham,” said the trader. : “Farnham, eh? What about him?” “T just made $150,000 for him.” “The dickens you did! How?” Finkelsheim explained. “That boy has hog luck. He must have got a tip about A. & P.” “T suggested as much to him, but he denied it.” “Of course he’d deny it. So would you or I under the same circumstances. The worst of it is that when he came in and asked me if I had any of the stock. I referred him to you. wanted it for 4 customer.” “T know you sent him to me, but I didn’t think A. & P. was going to advance the way it did.” “Of course you didn’t, or you wouldn’t have been a fool as to sell him the stock.” “You got 2,000 shares out of me for him, too,” growled Pindar. “I hate the boy. He upset me on the stairs the other day, and I’ve got it in for him, I’d give a thousand dollars to get even with him.” . “Well, that’s why I called you two to my-office, to see if we can’t get up some scheme that will I thought he | bleach him out of his late profits,” said Finkels- im heim. . : “T’m with you on that,” said Pindar, eagerly. “And you can count me in on it, too,” said Went- worth. I’m not stuck on the boy, by a long shot. He’s too fresh to my way of thinking. I wish we ~ - could drive him to the wall. How much do you suppose he’s worth?” “T couldn’t tell you, but he admitted to me that he had made $166,000 on two deals, and he’s just cleared $105,000 through me on A. & P. makes over $240,000 right there. have had anywhere from $20,000 to $50,000 to hat Then he must _ ra start in business with. I think we may safely fig- — urd that he’s worth $300,000.” “That’s a whole lot of money for a boy to be / worth,” said Wentworth. “Well, it’s up to us to get the bulk of it away from him if we can,” said Finkelsheim. “Let’s see how we can manage to do it.” They put their heads together and the interview lasted until after five that day. Next morning Wentworth. called on Fred. “Say, Farnham, a number of the moneyed chaps are talking about forming a syndicate to boom a — The time is ripe for _certain well-known stock. , such a coup, and we expect to make a quarter of a million all around. There are twelve of us in the deal, already, and we want to make it a baker’s dozen, so I thought I’d tip you off to the chance of getting in with us as the thirteenth man. What — do you say.??’ The ante is a quarter of a million apiece.” ‘ “What makes yousthink I have so much money as that? I’ve only been in business a few months.” “J know that,-but it’s said you’ve been very lucky. I heard Finkelsheim say you cleared over $100,000 on A.g& P. a day or two ago.” “Mr. Finkelheim ought to know, for he put the oS dea] through for me; but he ought not to tell tales out of school. He should have regarded the mat- ter as confidential.” j “Oh, he merely mentioned it in an offhand way. well will you come in on the ground floor with us : bse a? ioe ee ara ae
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8 THE YOUNG MONEY MAGNATE . “No; I’m much obliged to you for offering to take me in with you, but I don’t care tg invest in the syndicate business.” “You don’t mean to say that you'll turn down such a, chance as this to double your investment?” “I’ve made it a rule to go it alone, and therefore I must respectfully decline to go into any combi- nation where I cannot have the exclusive control > of my own money.» A quarter of a million is a lot of money to put up before you even know the name of the stock that is going to be boomed.” “111 let you know the name of the stock before you advance a dollar, as long as you guarantee to go in with us,” said Wentworth. . ; 5 “Why, isn’t that the same as putting up the money?? If I pass my word to join the pool I’ll be in honor bound to cough up when the time comes. Suppose I don’t fancy the stock, I can’t draw out. No, Mr. Wentworth, no blind pools for me, thank ou.” : . : “4 “You're foolish, Farnham.” “Perhaps I am. I’m young yet, and have a whole lot to learn. However, I’m willing to take my chances of making money on the outside. I have done pretty well so far on my own hook, and I’m not looking to acquire a million at express speed.” : ie Wentworth looked disappointed. He had expected the boy would be flattered by the propo- sition, and would be glad to get in on the inside of the pool in question, which, in point of fact, was a trap laid to catch his money by the three traders . the previous afternoon. Then an idea struck Wentworth. * : “P’}] tell you what I'll do. I’ll tell you the name - of the stock without any other pledge on your part than your promise not to mention it to anybody se,” : ‘ “No, I’d rather not have you tell me, because I don’t intend to go into the deal.” a _ “Ts that final, Farnham?” “Tt is,” replied Fred, very decidedly, “All right. I'll have to look up somebody else. - T’m sorry you are missing one of the chances of E your life; but, of course, you are the doctor.” "Thus speaking, Wentworth left the office. He went to Finkelsheim’s office and told him that - Farnham wouldn’t bite. “Then we'll have to get up some other scheme,” ied the trader. at sa ee afraid we'll have our work cut out to do him, as he seems to be plaguy cautious about what he does. I’m afraid that Blizzard matter has ‘ wary.’ . Bites ; ated We'll get him yet. If you and Pindar '. will guarantee to see me through I’ll work him some way before long.” “You can depend on me,” ariswered Wentworth. And from the way Pindar feels toward him I Pics! ess he'll go the limit to get square with the ” é “XWell, I'll see-Pindar later. You'd better drop in here at four.” _ Wentworth promised In the meantime, Fred | proposition over. ' ~ «T wouldn’t go inte a pool arrarigement anyway, except under certain circumstances ‘not likely to do so and went away. s thinking his visitor’s e ime anything connected with Wentworth and. se ie -Méyer’s sharp ears had corraled it looked as if. it would be announced in a few days. come my way, and I certainly would be a fool to. . stock was easy to be’gotten he wouldn’t touch it, friends, which means \the Finkelsheim crowd, » 17 They showed what the sentiments are toward md ~) when Finkelsheim put up and worked that Bliz- zard job, which was a mere flea-bite in its way. wouldn’t be at all surprised if Mr. Wentworth’s proposition covered some conspiracy to get legal possession of my funds. It would be like that crowd to do such a thing. No, I’m not going to walk into any more traps if I can help myself.” : At that moment Meyer returned from an errand | to thé Mills Building. : “Der question mit me yust now is, do I got twa dollars more a veeks or don’d I?” said the German boy, as he laid a note on Fred’s desk. “What, are you striking for higher wages al- ready, Meyer?” laughed the young broker, “You’re getting about four dollars more now than most messengers who have only been three or four months in the Street.” “Nein. You dinks I peen a fools? Vot I vish to said is dis: I haf yust picked me up some mo informations aboud stocks, und I vos vondering fe) it vos going to pan me oud two dollars a veek.” “Oh, I see what you're getting at, Meyer. What is it this time? if you’ve caught on to another pox pointer you'll be the highest salaried office . oy in Wall Street.” : ~ Vell, vhen I vos soning FF der vinders off der offices vhere I vent in der Mills Puilding, vaiting : for a shance to seen der poss und gif him der notes <« — you send me mit, two shents vot look like prokerg come py a door oud und von off dem onid: to der + udder, ‘Shim, ve must puy all der J. und D. we can 7 stood for pefore der news off der consolidations . mit der M. und N. gets.oud py der Streets.’ Und . ~ der udder shents said, ‘Yaw, I ped you.’ Dot’s vot I hears. Vobyou dinks apoud id?” : “It looks like a good tip, all right, Meyer.” TV’ll — see what use I can make out of it,”’ replied Fred. ' “Off you make somedings oud off id den I get me two dollars more vages, ain’d id?” "Se a “That’s right,” replied Fred, and Meyer left thes: ‘room perfectly satisfied. erase 3 PS . CHAPTER XIV.—Fred Pulls Of Another Successful Deal. : There had been reports in the papers off and on for six months about a contemplated consolidation of the J. & D. with the M. & N. system, but noth- ing definite had come of it so far. Fred had read _ these accounts and had speculated morethan once — on the probability of the consolidation going through. If it did he knew that-the insiders and their friends would buy all the J. & D, sharesin the market they could get hold of, and wheri*the _ consolidation had been officially confirmed the price of J. & D. would take on a boom. and then the wise ones would sell out at top figures and reap a golden harvest. From the information that the consolidation had gone through, in which event J. & D, was ruling around 40, and Fred thought the chance of making a good haul in the stock was worth taking a risk on. He judged, howeyer, that the surest indication of the consolidation would be a scarcity of J. & D. about the Street. Ifthe but if, on the contrary, it was difficult to locate, ha would buy as much of it as he could get hold o: - . etl 25 f
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18 _ which he didn’t think would be much. »Accord- ingly, he started on a tour of the broker’s offices. ~ | Out of a dozen traders he only found one who had ;any of it, and Fred bought what he had—2,000 ~* ‘shares, at 401-8.' Next day the young broker left an order with Westeott to buy him any part of 10,000 shares, and then resumed his still. hunt among the offices. He found 3,000 shares more, but had to pay 40 5-8 for it. Then he gave up and waited to hear from Westcott. After the lapSe of : a day and a half he got a note from the broker - which said that Westcott. had bought 7,000 shares, the last 8,000 with great difficulty, and that he didn’t think he would be able to get the balance. He had been obliged to pay an average price of 43 for it. Fred was.now satisfied that the consolida- tion was an undoubted fact. “As soon as the news gets around and is con- firmed, I’ll begin to look for the profits that ‘the rise will bring forth,” he said to himself, in a tone of satisfaction that was reflected on his handsome and manly young face. so Next morning a paragraph appeared in one of e the financial papers to the effect that there was a - . _yumor that the M. & N. system had secured full — eontrol of the J. & D. road. This gave rise to con- _giderable talk in Wall Street, and a number of the traders began looking around for the latter stock. None of it was to be found, and this fact started a “Wively bidding for it in the Exchange. The result was J. & D. went up to 48 that day. Next day it rose to 50 by noon, then the consolidation was offi- cially announced as a fact. The value of J. & D. = rose to 60 before three,-at which figure Fred ordered Westcott to sell his 7,000 shares. The broker disposed of the stock in’ small lots, and easily got rid of it at the top of the market. The 6,000 shares that Fred had bought outright for - something over $200,000, he sold through another ey ' broker, receiving 581-2. When everything had -. **been settled for, Fred was ahead a little, over, $200,000, and was not worth $567,000. He called : were raised to $12 a week, and in addition handed him a brand new $100 bill. - ' «Py ghinsher!” he exclaiméd, joyfully. “Off dis ain’d a get-rich-quick shob I’m a liars. Louisa vill ~ haf a fit vhen she seen dis bill. She vill dink dot ‘I vos 4 Shay Gould or some udder pig pug like ~ dot. I’m right in id, I ped you.” _ That afternoon, when Fred and Tillie Bancroft were alone in the office, the young broker told her - that he was now worth over half a million dollars, Of course she was delighted to hear he was so ‘successful in his business, for she now had a per- onal interest in all that concerned him. That very afternoon Finkelsheim, Wentworth and Pindar held another meeting in the former’s office to con- sider the question of doing up the boy broker on that floor. This was the fourth meeting they had held on the subject, and no definite plan had so far been hit upon to take the place of the scheme which had missed fire. “Pve got.an idea at last that ought to scoop his ‘money if he’ll bite,” ssid Finkelsheim. “i _ “That is a pretty big proposition, I’m thinking,” ~~ * replied Wentworth, who was not very enthusiastic as to ultimate results. “What is your idea?” asked Pindar, impatiently. iy scheme is to buy options from him on a C. &.0., which is now ruling at im . _ Meyer into the office and told him that his wages ' only will be interested, that is, if it goes through.” — THE YOUNG MONEY. MAGNATE 70, to run fifteen days, then we’ll quietly corner the stock and call on him to deliver it.” Wentworth shrugged his shoulders as if he was . not much impressed with the brilliancy of Finkels- ~ ~ heim’s suggestion. i : Z doubt if he’ll go into the option business,” he said, : “We must make the bait sufficiently attractive. We can offer him 75 for the option on C. & O.” “What’s to prevent him from going on the mar- i hyde away and buying it for 70 and holding i “Nothing but the fact of tying his money up for fifteen days, which I doubt if he or any other broker would do. However, my plan is to try and. get him to sell us options on 10,000 or 15,000 shares. That will represent a good deal more ready money than he has, so he won’t be able to buy the stock right away at 70.” Toe “The scheme is all right, if it works, but I haven’t much confidence in it as a winner, for it’s my firm conviction Farnham will turn it down like he did the blind pool. He’s not such a fool as we — took him for at first, Finkelsheim, mind what I tell you,” said Wentworth, nodding his head in a positive way. avait z “We'll need a barrel of money to corner the yvis- ~ ible supply, and then hold the price up long enough = to put the deal through successfully,” said Pindar, Z “We can get the cash we want. I can call on all = the boys who went in with us on the D. & G. pool. Just leave the organization of the scheme to me. We'll make the ante a quarter of a milliongeach. With twenty*members in the pool, that will give us a working capital of $5,000,000. The banking house of Isaacs, Cohen Company will act as treas- urer, and will advance 70 per cent of the market value of the stock as fast as it’s turned in tothem. —~—— The house will, of course,be a member of the pool. > I count on a backing of ten million, which ought to be-enough to swing the deal.” ; “This is a big scheme to engineer just for the purpose of winning a couple hundred*thousand . from that boy,” said Wentworth. eine “Oh, he’s a mere incident in the game. ve had - this proposition under consideration for some time ~~ ~ without any reference to him. If we can kill two — birds with one stone so much the better. Thedeal is to be pushed through whether he bites at the option “busiaess or not. Now, I’ll submit all the. particulars. We should clean up two or three — hundred thousand each. The Farnham matter will be an independent deal, in which we three Cet Wr ao After Finkelsheim had outlined the syndicate — plans, Wentworth and Pindar agreed to goin for a quarter of a million each. The trader said he would get the other seventeen members, including the banking establishment of Isaacs, Cohen Com- pany, in line, and would then call a meeting to ar- range the details and secure payment of the first instalment of the necessary funds. es
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THE YOUNG MONEY MAGNATE .ground floor ub, ped me your life. You are der j CHAPTER XV.—Fred Sells an Option on " "§. & T. Stock. Three days later Meyer, on his* way to the ele- yator, picked up an envelope addressed in pencil to “William Wentworth, Johnston Building.” “Ventvorth!” he said to himself. “TI vonder off - dot peen der Ventvorth vot is in mit Fingelssome- dings? Vell, I look me py der insides und found oud mayne. P’raps I found anudder tips, den I vill got anudder raise.” ; rier Meyer never considered whether it was right or not to examine the contents of the ga Everything was fish that came into his net. le’ pulled out the enclosure and read it. It wasn’t - very intelligible to him as a whole, but he saw that #® was signed by Isidore Finkelsheim, and referred to some option business that was to be bought of Fred Farnham. % r “J vill shown dis to der poss right avay. : He returned to the office, and going into the pri- vate room, he handed the paper without the en- yelope to Fred. The young broker glanced at the signature first. He supposed Finkelsheim had given it to Meyer to hand him, so he began to read it, but had glanced over but a few words when his face assumed a look of surprised interest. This is the way it ran: “The pool is now complete. We meet at my office this afternoon at four. Don’t fail to be on - hand. I find that C. & C. is too risky for us to handle. Isaacs, Cohen Company advise the sub- stitution of S. & T., as there are only 70,000 shares on the market, and it will be much easier to cOr- ner. Pindar has got a friend who will call on Farnham and try to get him to sell a ten-day option on 15,000 shares. He will offer him a ten- - -poigg advance, which ought to catch him. By that time we'll Apye the stock cornered and if he sells the option he wont = ig to coy “ tek to r it, and we’ ave him where the hair is’ mae Finkelsheim.” “Where the dickens did you get this, Meyer?” asked the astonished boy broker. : “JT found id py der corridors oudside.” : “Qh, you did? On the floor, I suppose?” looking sharply at the German boy. | ‘ = “Yaw. Id vos py der inside off dis enfelope, and Meyer handed the cover to his employer. Fred saw that it was addressed to Wentworth, and it was clear that the broker had lost it out of his pocket. ai “How came you to pick it up?” “Oh, vell, I don’d let noddings - days, I ped you.” » “Did you read it?” ae pie “Yaw. So soon as I seen your names in id I - bring id in to you. I said to mineseluf, ‘Dere is some schemes here vot Fingelsomedings vos going to vork on der poss. I vill shown, id to him und dot vill put him py his guard on.’” — " «Tt certainly refers to some trick that is about to be played on me. It may be lucky for me that rou found it.” S vos glad dot I found id, den, Mr. Farnham. I took an interest in your pizness efery dimes, I 2 ilg ype? ; ; ; : a eleyey and I sha’n’t forget it.” - “Dot's all ri your friend from der — as ran so te ~ wit Tet * ae Men, Se ad get py me dese ' whether it’s for yourself or a customer.” p se oq SEF finest poss py Wall Streets. for noddings.” “I appreciate your feelings toward me, Meyer, and you won’t lose anything by it.” “Lose somedings? I ped*you nit.” “Well, run along with that letter now that I gave you to take over to Westcott.” — “Yaw. I vill peen dere purty quick,” and Myer vanished through the doorway. ae Then Fred re-read the note. “So the Finkelsheim crowd are going to corner S. & T., eh? Well, I guess I’ll have to help them corner it,’ he chuckled. “Meyer has the mdst re- markable luck in getting hold of tips connected with those people. This will mean another rise in his wages. Then Pindar is going to send a friend to try and buy a ten-day option on 15,000 shares off me at a ten-point advance as soon as — they get the stock cornered. If I sell it to him then they figure that they’ll have me trapped be- cause I won’t be able to get the stock to deliver when they call on me for it. It’s a cute *trick, I can beat it, though, by buying 15,000 shares now at the present market price and holding on to it for the ten days. At $10 profit a share ’ll make $150,000 in spite of their shrewd tactics. It would — be a good scheme to’ buy 15,000 more shares and dump it on them after they have boomed the price. © They'll only be able to get 40,000..shares alto- gether then, and I could make a big hole in their profits. That would be a fine boomerang to work on them. T’ll do it. It'll bite at the option busi- ness and then take a fall out of them when they’re calculating on my being in a hole.” . Fred was highly tickled with the idea. He as- certained that S. & T, was going at 52. A margin of about $160,000 would secure the call on 80,000 shares, worth about a million and a half. West- cott would put the dea] through for him right away before the syndicate got busy. He put on his hat and went out. He stoppgd at his safe deposit vaults and got the necessary funds, then he went to Westcott’s office and handed in his order, 753 “Thirty thousand shares!” exclaimed the broker, “This is not for yourself, is it?” is “’m not saying who it’s for, Mr. Westcott. It. will be quite a nice little commission in your pocket.” t “That’s right. Small favors are always thank- fats fully received. You'll get the usual ,rake-off, I vouldn’t shook you ee “There will be other parties after this stock — probably tomorrow morning, so you can't get on the job any too quigk if you expect to fill the order.” . : + oo aaa “T’ll look for it at once. What’s the limit? It’s — quoted now at 52.” , “You can go as high as 54, but I want try and get it as near “Of course.” _Fred returned to his office and Westcott began his hunt for the stock. He filled the ordet by — noon next day, and notified Fred to that effect. — He paid an @verage of 58 fdr the entire lot. : gradually advanced to 56 during the week. Abou noon on Saturday Meyer announced a visitor, was a broker named Andrew Pollard, with w Fred was pretty well acquainted. ” va first visit to "s office. you to , ; ‘the market as possible.”
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20 “You've got quite a swell little den,” said Pol- Jard, after taking a seat beside Fred’s desk. 3 _ “Yes, it’s good enough for a new broker with - - searcely any clients as yet,” replied Farnhant: “It takes time to build up a brokerage business.” --. “Tt does that. People have got to know you be- fore they feel they can afford to give you their business.” ; Pa suppose you are paying expenses, at any trate.” - Oh; yes, and a little over. I’ve made a few 'Yucky deals on my own hook since I started in, and that helps to keep the ball rolling.” “I see you have a stenographer. How do you manage to keep her busy?” : “Oh, she takes in outside work in addition to - what little I have.” . “T see. I noticed that she seemed to have a whole lot of work on her table. Say, where did you get that office boy? He doesn’t look as if he i icew enough to last him over night. I never saw such a wooden expression as he has.” ‘ ie “He can’t help that. He didn’t make his own ~ face,’ laughed Fred. SS4 “Whatever induced you to hire such an office boy? He’d look better in a corner grocery.” — #J'm going to make a broker out of him one of these days.” i His visitor laughed heartily at: the very idea » of such a thing. After they had conversed a while - Jonger on indifferent topics, Pollard began to talk Dusiness. _ “By the way, Farnham, have you done anything in the option line?” he asked. ~ j : ~ “J can’t say that Ihave.” _- “Any objection to selling me a ten-day option on S. & T.?” . ; - : -_ Fred looked at him pretty hard. So Pollard was the man Pindar had picked out to work the trick upon him. | ‘ i “] might, if you are willing to pay enough for me to run the risk,” he replied. — “Well, as I¥e got an idea that S. & T. will go above. 70 inside of ten days, I’d like to make a deal with you. I’ll give you 66 and deposit five per cent. of the current value of the stock as a security.” -“How many shares do you want?” “Rifteen or twenty thousand.” “Why do you want to pay me 66 when you ean go out and buy it on the Street for 56 or 51?" : “The fact of the ma‘* » is, I haven’t the coin to make the deal, even ou a 10 per cent. margin.” Ym all tied up, but I’ll have all the money [ want inside of ten days.” -.. “Well, I don’t care to sell you an option for more than 10,000 shares If that will satisfy ~~~ you I’ll do business with you. I guess T’ll be able to buy the shares in at a good profit before the ten-day limit expires.” _ Won’t you make it 15,000?” _ #No, Ten is the most T’ll take a_chance on.” “Well, if I can’t do any better Tl take the option on ten. Half a loaf is better than no pread. Maybe I carr buy another five- or ten- thousand option from somebody else. ~ “Probably. You might try Pindar, or sheim, or some other broker on this floor,” said red, without a smile. — ‘ess a : ink you for the ti x el mighty scarce. Finkel-' Tl drop in on Pindar worth had’made, =~ THE YOUNG MONEY MAGNATE after I leave here,” said Pollard, with the ghost. oe chee. Sas aaa _Fred wrote out the option, in which h anteed to deliver 10,000 shares of S. & T. to Andrew Pollard, on his order, at 66, any time he might call for it within ten days. Pollard paid hith 5 per cent. of the current value of the stock, which was 56, or $28,000, as a deposit, to be” deducted from the balance due on delivery of the shares at 66. The business having been completed, the visitor withdrew. CHAPTER XVI.—Fred’s Enemies Think They. Haye Him Dead To Rights. Bs On Monday morning’ Fred was down extra early at his office. Hé knew something would be doing in S. & T. that day. In fact, he expected it would begin to rise from the moment the Ex- change opened. He judged that the Finkelsheim syndicate had bought in the majority of the 40,- 000 shares, and that they were looking around for the missing 30,000 which Fred held control of. So, when ten o’clock approached, he went - up into ‘the gallery of the Exchange prepared to see the fun. He was not disappointed in his anticipations, When the chairman’s gavel opened business for the day Wentworth was standing ~ at the S. & T. post. He started in at once bidding for the stock, A wash sale was made ‘between himself and one of the brokers belonging to the syndicate of 5,000 shares, at 57. The 57 1-2 for any part of another 5,000. , BC ge saying “Sold,” he went on raising his id a tracted to the spot at once. When he reached 60 somebody sold him 1,000 sharés.. Then he kept * up. to BG, fhe he rested, after malgng — a wash sale a at price to secure a quotatfon. ra pesky Fa eine oe ? ; . “They thin ey have me now,” he said to himself, “but I’m afraid they'll get a. jolt they call for the stock.” - <e ahi Many other brokers, suspecting that a corner’ was in progress, tried to buy the stock, but they couldn’t get it, and their eager efforts only suc- ceeded in boosting the price to 72, where it closed. : Fred thought he’d make a bluff to get the stock from Wentworth and Finkelsheim, so, a little after three, he rushed into Wentworth’s office in some apparent excitement and asked him if he had any S. & T. “Not a share, my boy,” chuckled the broker, “Do you want it bad?” : “Yes. I sold an option at 66, and I want to save myself.” : : “Y’m afraid you’re in a hole, for the stock-is I’ve been trying to get a lot ~ of it for a customer, but 12,000 shares was the most I could some. reason.” .“What do you suppose is the reason?” “eS “Search me. I couldn’t tell you.” Venere ae rag oe cornered.” ; gO cae it is, how are you going to - your — 10,000 shares to deliver?” = -; ie us ‘ _ “I didn’t say anything about 10,000 shares,” re- plied Fred, almost laughing at the slip Went- ng < wt eae Fe ' oint at a time and the traders were at- —— pick up. It is mighty scarce, for A? ) eae $ % en he bid
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~ THE YOUNG MONEY ‘MAGNATE “J beg your pardon. I thought you said. you wanted 10,000 shares.” “No, I didn’t mention the number of shares I may be stuck for.” Maes - . . “It would be kind of bad for you if it was -. 10,000. The stock closed at 72 and may go to - 80 to-morrow. If you had to deliver 10,000 at 66, you’d stand a chance of being $150,000 out.” “T should hope I wouldn’t be out as much as that,” replied Fred. “I guess Tl stop in at cr pai and see if he’s got any that he’ll sell.’ : ~ Fred called on Finkelsheim and asked him if the had any S. & T. stock. z “No, Farnham, I haven’t any. Wish I had. It’s. - gone up 15 points inside of a week. Got a cus- tomer who wants some?” he added, rubbing his hands in a satisfied way. “Better look in on Pin- dar. I think he’s got a few thousand shares.” “You know Mr. Pindar and I are not on very good terms. I wouldn’t ask him to do me a favor + for a gold mine,” replied Fred. Finkelsheim laughed. | “How bad do you want the stock?” he said. ee “What's the use of saying how bad I want it ; face to-morrow at the present price.” fe Finkelsheim shook his head. + A sudden slump would bring it out pretty quick,” said Fred. s : ~ “No danger of a slump at present. It will see 90 before it goes any lower.” “J don’t believe it will-go to 80,” replied Fred. 711 give you 80 for a three-day option on 10,000,” said Finkelsheim. ~ = “Pll take you,” said Fred, so quick that it took his breath away. : -. Fred wrote the option, took the money and left Finkelsheim hugging himself for joy. - hat evening Fred called on Robert Marsh at his home. He received a warm welcome, and was introduced to Mr. Marsh’s daughter, his son-in- law and the children. During the evening Fred ~ told the old gentleman about the job that had been put upon him, and how he had prepared a spirators. ° : 3 “That was a sharp thing for you to do,” said » Mr. Marsh. ~ : 2 “One of them is the broker who upset you that day on the stairs. He’s got it in forme hot and _ heavy because I bowled: him ove ‘afterward spoke my mind so plainly to hint If TI only had a couple of millions now I’d go in and : bunch in the soup.” : See aes “Can you give me a clear idea how the. case stands at this~point?” ; - “They're going to force the price to 80 or over to-morrow. Maybe they’ll get it as high as 85. Then they’ll probably call on me to deliver on poth options. Of course I’m prepared to settle, and that will knock-them silly. However, they'll ake comfort in the fact of getting possession 6 -which they will try to The moment both options gnatters. with you. If I am not there, then you® (if I can’t get it? Maybe it will come to the sur- himself to turn the tables on the three con-_ over at the time_and - try and break the market, and put the whole ~ » me Jdater 2? a 000 on it. J’ll make a profit of about $130,000 on the option at 66, anyway, and a profit. of $270,- 000 on Finkelsheim’s option at 80. Altegether,. I stand to rake in $700,000 on the deal ag matters - are going. But it would please me even, more’ if I could. do them up on the corner, and make~ them lose a wad of money all around.” “You certainly make me think of old times, Farnham, when I made things lively inthe Street » every once in'a while. I am like an old war- horse now who smells the battle from afan and longs to be in the thick of the fight once more. “ I have a great mind to help you win out against: the men who have tried to down you; because — they. thought you were inexperienced and easy game for them. “Iwill thi the matter over x to-night, and if I decide to take the risk-F will ride ~ down to your office in the morning and arrange. must carry your own programme out as you de- cided on.” : a CHAPTER XVII.—How Fred Broke 4 Market, Fred didn’t go to the Exchange in the morning, ~ but sat in his office waiting to see if old Mr. _ Marsh would come downtown, as he had half — promised to do. : Pass Bites carat Esa == The boy watched the quotations as they ap- peared on the tape, and he soon saw that 8. &T. was mounting® steadily up toward 80. At eleven ..- o’clock Meyer announced Mr. Marsh. ~ re ta es “Send him in here,”.said Fred. ore Mr. Marsh entered the’ room. Fred welcomed him and said he was glad to see him in his office — again. Mr. Marsh got down to business at once. — “Now, Farnham, how much cash have you got at this moment that you can handle?” reer Sine “About $470,000, which includes the deposit of —— $64,000 I got on the options.” ‘3 i “How much have you got up with your broker on the 30,000 shares as security?” eitas “T put up $159,000.” a ‘ € ¥ “You will make a profit of how much on your first option?” ; Arak “About. $128,000.” > : | “How much on the one you gave Mr. Finkels- heim?” Fe: “About $268,000.” | “And you expect to make $300,000 on your third batch of 10,000 shares, if the syndicate takes it’. the . Fy a in?” i. BP aa sir.” e oes “Very good. Deducting the $64,000 deposit on the options, that will give you something like a million and a quarter to depend on. Now, taking © it for granted that the syndicate will be able-to : take the 10,000 that you’re going to dump on them, you must follow it up with another 10,000, which — will be_a short sale, as you will be selling stock that you have not got, but which you expect buy in later if you break the corner. If the syn» dicate stands up under it, fire another 10,000. them. That ought to fetch them. If the marke goes to pieces, follow up your’advantage. I will see you through in safety in case you-are not ab to pay for all the stock you'll have to buy back to cover your short sales, and you can set "You're very geod to offer {0 back me
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22 “= matter in case I should be Ge ea for cash, 3 and I thank you very much, Mr. rsh. I hope, ; however, that I may be able to work it alone. Of Se course, I wouldn’t dare attempt it if I didn’t know that I have an emergency fund to call on if obliged to ask assistance of you. That knowledge s will give me all the confidence I require.” s “T will remain in your office to-day and watch : fhe progress of things on the tape. atis S. & T. going at now?’ asked the old gentleman. : Fred looked at the tape. , . “It has reached 80.” : ; « Well, in order that there may be no hitch, I’ll Jend you enough money to settle for 20,000 of the 80,000 shares your broker is holding on mar- 3 gin, so you can have the certificates on hand to _ deliver. How much. did you buy them for?” ‘How much did you buy them for?” - “They cost me about 53.” ; ¢ “It will take $1,060,000 to pay for them, less $106,000 deposit you put up. hat leaves you _ indebted to your broker in the amount of $954,000 on the 20,000 shares. Well, you have, you say, $470,000 cash. You'll need $484,000 more. Allow me to sit at your desk and J’ll draw you a check for that sum. When you go out for your own money you can get it certified at the bank, and * take it to your broker’s. Then, you’ll be able to : bring back the certificates you need to settle -- »*your options with.” .Mr. Marsh drew his check for the indicated amount. Fred then put on his hat and went out to get the stock from Westcott. He got the check .» gertified, sgt his own cash out of his safe deposit box, and called at Westcott’s office. . *} want to take up 20,000 of those shares you are holding for me, Mr. Westcott,” he said. “Tt-will cost. you $954,000.” : “Here is the money.” \. “All right. You’ll have to come with me to the bank. I’ve got them liypothecated. The commis- ' gion and interest charges you can settle later.” In twenty minutes Fred was on his way back to His office with the certificates. “S..& T. is up to 85,” said Mr. Marsh, when he *3 a red the inner room where the old gentleman gat. .“The syndicate is pushing the price up in great shape,” laughed Fred. The words were hardly -. out of his mouth before Meyer came in an- - * mounced Mr. Pindar. he “Show him in, Meyer.” : + Qwen Pindar entered the room with a half ~~ geowl on his face. ; : ~~ "You sold an option on 10,000 shares of. S. & T. _ | to Andrew Pollard, to be delivered at 66, within i ten days on demand,” he said, glaring at Fred. N “Well, I bought that option and I have come to _ demand the stock at the price indicated, under- stand?” ‘ “Have you the option with you?” asked the young broker, politely. ! “Here it is.” “There is $632,000 due on the stock. Did you _ bring a certified check for that amount?” “T did not. You can’t deliver the stock. You’ve got to settle with me on my terms.” “You are mistaken. Here are the certificates, ‘which you can have when you bring me your cer- tified eal for the balance due.” Pindar gasped. He had never had such a set- < befére in his life. All he could dé was to ~ x 1 sag : THE YOUNG MONEY MAGNATE mutter that he would return with the check, and then hurried from the room. After he was-gone . Fred and Mr. Marsh had a quiet laugh over his discomfiture. He returned in half an hour with the check and got the certificates. S. & T. was still hovering around 85. Fifteen minutes after Pindar’s departure Mr. Finkelsheim was an- nounced. a : “l’m ready to pay you 80 for those 10,000 shares of S. & T. You see, I was right when I said the price would go over 80, Farnham,” grin- ned the broker. ¢ f “Did you bring your certified check for the $764,000 due on the option?” “Do you mean to say that you can stock?” gasped the broker. j “T can. You don’t suppose I’d sell you an option without knowing how I was going to come out on it, do you?” “Y’ll go and get the money,” said Finkelsheim, looking like a beaten man: He returned in/half an hour with a certified check for the amount due, gnd took the stock away with him. “That settles the options,” said Fred. “Now to break the corner, if I can.” He rushed over to Westcott’s office. The broker was at the Exchange. Fred went there and sent an oe him. When he came out the young broker said: “Offer those 10,000 shares at the market, in one | block.” © ° f “Well, I’ll be jiggered!” muttered the broker, as he went inside to cary out Fred’s orders. He offered the 10,000 shares at the market, and Wentworth nearly dropped. 3 The syndicate man had to take it in or throw up his hands. As soon as memorandums were xe- anged between them, Westcott offered the second 10,000 shares at 80. The syndicate could not take ~ it, and their failure to support the price broke the | market right there. S. & T. went on a slump, and other stocks followed suit. The Exchange was thrown into a panic. The traders became demoralized, and there was a rush on all sides to sell, but buyexs kept under cover until S. & T. fetched up at 55, at which price Fred ordered Westcott to buy in the 10,000 shares he had sold short at 80. Fred made nearly $250,- - 000 more on that deal. He got through without calling on Mr. Marsh for a cent more than the loan of the $484,000 check. His total winnings. on §, & T. amounted to $963,000, which raised his capfital to $1,500,000. red began to pick up customers after the 8. & ~ T. deal, and he soon was making quite a respectt able showing in that line. We may well remark here that the Blizzard mine never came to life again, and the $2,000 Fred paid out for the 20,000 shares of stock was a total loss. When he acquired his second million he asked his stenographer if she didn’t think it was time for her to quit work at the office and take ch -of the new house which had just been compl for him on River- side Drive. ad FA Her answer was satisfactory to him, and three months later he and Tillie were off on their wed- ding trip. nk Next week’s issue will contain “A LUCKY CONTRACT; or, THE BOY WHO MADE A RAFT OF MONEY.” | f ge es deliver the
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“HARRY THE HALF-BACK 2 OR A FOOTBALLIST FOR FAIR ~ By GASTON GARNE (A Serial Story.) ~ CHAPTER X. Searching For Thugs. ' The winning of the football game was a great thing for Wrightmore College. The students were wild with joy, and Harry, the Halfback, was the hero of the hour. ° Wherever groups of students got together the ame was the only thing talked of—that and ow it had been won by Winslow. ; The majority forgot all about. Winslow’s mys- terious disappearance from the college and his unexpected arrival on the scene in time to play * in the last half. - There were some who had not forgotten, how- ever, and these were the football players and _ others who had taken a great liking to the new student. % Parker and Westley were eager to learn the ‘secret of the affair, and the former asked, as Harry was undressing in the gymnasium: “Tell us, old fellow, where you have been since yesterday evening.” rh Winslow’s face took on a sober expression. - ~ “T have been a prisoner in.a cabin over among the hills along the lake shore,” he replied. - ~ “A prisoner!” exclaimed Westley. “Yes,” : “But—to whom?” queried Parker. “A couple of thugs.” “How is that? Tell us all about it, Winslow.” © The youth did so, the crowd that had gathered ground listening with eager interest. -. He told how he had been attacked on the road down by the lake, and how he had been struck ' * down by sandbags in the hands of the two thugs. ‘He did not tell about Silkwell and Winkins for he did_not know, anything about their connection with the affair. , : : ‘He explained that when he came to he found -.. himself: lying on a rude bunk in the old cabin, and the two thugs’ were at a table, drinking and playing cards. 7 : i Ce was seo there a prisoner all night and till afternoon that day, and then he had managed to + his hands free—the thugs had been careless about binding his arms after giving him some food—and he had slipped out, the two being asleep. Z : «One awoke just as I was going out of the door, however,” said Winslow, “and he gave a yell. that aroused the other, and they tried to eatch me, but I got away.” Good for you!” cried Parker. knew that it was time for the game to be ‘so I hastened here to the gym, donned nd hurried to the field. You FAME AND FORTUNE WEEKLY eo . * 23) “Could you find the old cabin again?” queried: — Westley, eagerly. : , “Ves,” ‘Then let’s go there just as soon as we get into! our clothes and see if those thugs are there.” “All right; but I don’t think they will be found there, for they will be afraid that they will be looked for.” 4 “You can wager that they dusted lively after: Harry got away,” said Jimmy Opper. ‘Maybe we can get on their trail,” said Curly ~ Carwell. : “We will go and see what is to be seen at the: cabin, anyway,” said Westley. “Possibly we may find something that will give us a clue as to whe the thugs were.” “They were just common footpads, I think,” said Winslow. The youth hastened to take their baths and rubdown and don their clothes, and then they sallied forth. Quite a crowd—at. least a score—went, and Harry took the lead, with Parker and Westley just behind him, and then came Denman, followe ry the rest. - They were not long in reaching the old cabin, and many were the exclamations of amazement when they saw it. koe Not one among them had ever suspected ‘the existence of a cabin in this place. yoithem — had been within a few yards of it, on different occasions, without discovering it. ae But, as had been expected, the cabin ‘was. empty... ; : There were signs, however, of a hasty exodus _ on the part of the late occupants. Cards were — scattered on the table and floor, and a whisky” bottle lay on the floor. A stool was overturned, - and the door of the cabin was open. — “No use fooling away any time here,” said Denman. or “Let’s scatter and look for them,” suggested Curly Carwell. “That’s a good suggestion,” said Parker. 5 _The others thought so, too, and so the youths _ divided up into little parties of two and three, and went in various directions to search for the | thugs. ; be eras Winslow and Denman were together, and they en found themeseves in among thick tim- r and underbrush. : : a “There are plenty of hiding-places here, Wal- ter,” said Winslow. 2 a “Yes, Herry.” fra: They separated in order to beat up more . a ground, and gradually they worked away from ~ eas other, till they were out*of each others — sight. ; ‘ Pas! Denman moved along slowly, looking behind * the bushes and rocks. at _He did not know that his friend was out of — sight until quite a while after this had happened, and t he suddenly discovered that such was _ the case, and called out: a “Harry!” There was no answer. s ; Again he called, this time louder. eS ae “Harry! Where are you?” He listened intently. but still there was no an — swer. ees este es 2 Bae err - “J wonder where he has +3 oe 7
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Pes “*.- mured. as of him.” ies) Denman moved over in the direction indicated. Still he did not catch sight of his friend. 5 “T must find him!” thought Denman; “if he _ ghould happen upon those two thugs they might _. murder him.” AV “He was right over there the last I saw Denman did not stop to think that the same fate might be his. Me@ntime, H was moving along, more than a quarter of a mile distant from where Denman "was at the moment. te Like Denman, he was looking carefully behind ; every clump of bushes and behind the rocks and : ears of which there were many scattered ere and there. ¢ “J wish I could find the scoundrels,” he thought 4 imly. “I have a little account against them that would like to settle.” ‘ He did not think that it might be dangerous for him, only one person, to meet up with two desperate footpads. : ~ On he moved slowly and carefully, and he look- ed all around him, eager to discover the ruffians. It did not occur to Harry’s' mind that it was esha that the hunter might be hunted, but it : happened that in this instant such was the case, S for as he moved along, after him stole two dark forms—the ruffians were after him. _ Closer and closer the two drew, and so intent was Harry on the search he was making that he never thought to keep a watch behind him. This gave the two the opportunity they wanted, and they slowly but surely closed the space be- - tween them and their intended victim. ” - “We must make shore av ’im, Slouchy,” whis- _ “pered Grump. ; ¢ “Yas 5 an’ we mus’ be keerful not ter let ’im “T’l11 see ter thet. I’m goin’ ter grab ’im by de ?roat, an’ ye bet he won’ let out no yawp arter I _ gits me fingers onter his weasond.” ; “Closer and still closer they drew, and then at a signal from Grump the two threw themselves “upon the unsuspecting student. P _ Slouchy seized the youth around the waist, pinioning his arms to his body, while Grump rrasped their victim by the throat. Then they Fore him Struggling to the earth. a ee! CHAPTER XI. Attacked. . Winslow, though taken wholly by surprise, was » not disposed to give up without a struggle. “square jaw of his was not for nothing. ~ He began struggling, and for a few minutes he de. things exceedingly lively for the two ned, even though during that time he was en- abled to get very little air into his lungs Tighter and tighter gripped the encircling fin- es of the thug, and presently Harry felt that breath was gone, and that he was strangling. He gasped and gurgled and tried to get his oat free, but could not. He was. growing weaker, 9 now ineffective. == and his struggles - me!” scoundrels!” cried Westley. It was not his nature to give up easily. That’ FAME AND FORTUNE WEEKLY “We've got’im, Slouchy,” the youth heard one’ — of the thugs say. ° 5 The voice sounded faint and far away. \ In a few moments more Winslow would have become unconscious, but help was at hand. “Suddenly a ee of the underbrush was heard and footsteps and voices sounded. “Sumbuddy’s comin’, Grump!” said Slouchy. - “Yas, we'd better mizzle.” They let go their holds. on the, semi-conscious youth and dashed away through the timber. ae Ties, made considerable noise, and a voice called out: “Hello! Who’s there?” 2 Of course, the thugs did not reply}-and Harry was not yet able to do so, though. he heard the ~ voice and understood what was said, in a dreamy ~ sort of way. x On came the newcomers—for there were at least two of them. : A They reached the spot where the encounter had _ taken place, and one fell over the extended body ~* of the halfback. ° “Hello, here’s somebody, Parker!” It was Westley’s voice. é “Jove, somebody dead?” “3 “T don’t know; he’s lying here all stretched: out and still.” ; . “Got a match?” “Yes—here.” Ay og The other took the match and seratched it. os, The light blazed up, and then—— fe “Harry, the Halfback!” Si) , the ac “Is he dead?” : ; “I’m afraid—no, he’s alive! Harry! Old fel- © low, what’s the matter? Who downed you?” _Winslow rose to a sitting posture and felt gingerly of his throat just as the' match went out, leaving them in d: ess, night having come — on while the search was in progress. —- ‘The two thugs—jumped—onto me,” hé ex- — plained; “and—they—came very—near—finishing “Where are they?” eagerly.- “They ran away—when they—heard you com- ing.” , a ane I guess there is no use in trying to catch em now. : . ts “No,” agreed Winslow; “they are quite a good Bu from here now, and it would be useless to — ollow. 2 Le r% kta “Jove, I would like to get hold of one of the “And so would I!” from Parker. —. ne 2: “T’d likesit myself,” said Winslow. “The scoun- — drels slipped up behind me and todk me at such~ ‘a disadvantage I could not do much, though I . fought for I was worth.” . a: Denman came me just then and asked eagerl: what had happened. i. They told him, and he gave utterance to an ex- clamation of amazement and anger. 4 ee etd are bold scoundrels, aren’t they?” he ‘They certainly are,” agreed Westley. Some more of the youths came up just then, and the story of Harry’s encounter with thé thugs was told to them. Weare ey me | (fo be continued). ios
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= : FAME AND FORTUNE WEEKLY INTERESTING ARTICLES GOLF CLUBS MADE WATERPROOF A new process for treating wooden golf clubs makes thefi waterproof and extremely hard, says Popular Science Monthly. Heads of seasoned per- simmon wood are subjected to a vacuum that ex- tracts every article of air and moisture from the wood, which then is impregnated with the newly discovered chemical? The club heads then are dried and hardened. pees Clubs treated in this manner are said to have greater driving power than other wooden clubs and not to shrink or expand with yarying atmos- pherie: conditions. Inserted face plates are not required, since the chemically treated wood is it- eslf harder than fibre, bone or “ivory. Ros A SINGING MOUSE « A musical mouse is the astonishing animal de- seribed by Dr. Edwin B. Powers of'the University - of Nebraska in the Journal of Mammalogy. Dr. HH. A. Morgan, a friend of his, was bothered for three or four nights last spring by a singing noise _ which for a while was attributed to a leaky radi- ator valve. Dr. Morgan began-a search for the source of the noise and found that it was not com- ing from the radiator, but from a waste paper basket. Upon shaking the basket, a-mouse ran out and Mr. Morgan gave chase. The mouse ran {nto a small room from which there was no escape. - As soon as the chase was pes are the mouse would sit up on its haunches and sing, the sing- ing approximating the noise made by the cricket but much more continuous. For ten or fifteen minutes before the mouse was captured it was in open space and under constant observation; and every time it came to rest this singing took place, even under the excitement of the chase. The mouse was turned over to a naturalist who identified it as the common variety of house mouse. Te tay ele” Wt ag sr aay ee OLD MAN STRANGLES WILDCAT In a desperate battle with an 80-pound wildcat he found raiding his chicken-coop early one morn- ing, Serge Koreloff seventy years old, a Russian fisherman living in the Japanese village near _ Santa Monica, Cal., fought the animal with his bare hands and came off victor,. __* Today the pelt of the cat is nailed on Koreloff’s door as evidence of the fierce struggle, in which the marauder was — to death as it clawed wildly at the aged Russian. ; : For several Sights Koreloff had been losing chickens from his yard, and he determined to stand* guard to catch the thief. _. Just before dawn he fell asleep, but he was goon awakened by a noise in the yard.. Seizing his gun he rushed from the house and saw the wild- eat. He fired and missed, and the huge cat When neighbors arrived, attracted by the shot —__ and by. the noise of the-desperate struggle, they ~ found Koreloff breathless and bleeding, standing over the lifeless form of the feline. The hardy Russian, who is six feet and two inches tall and unusually muscular, refused all offers of medical aid. Peeling off his clothes, he plunged into the surf, When he emerged from the water he explained to the crowd that had gathered that thé salt water would stop the bleeding of his wounds aud prevent infection. Koreloff pointed to the fact that the hide of the wildcat had neither a knife wound or bullet- hole in it as Bhs of hig weaponless victory in the primitive battle. FACTS ABOUT AFRICA. Nearly one-quarter of the earth’s land surfac is comprised within the continent of Africa. I is as far-around the coast of Africa as it is around the world. Every eighth person of the world’s population lives in the dark continent, The blacks double their number every forty years and the whites every eighty years. There are 848 languages and dialects in use among the black ‘of Africa’ Only a few*of the languages have been reduced to writing. Thirty-five years ago the ex- port of cocoa from the gold coast amounted to- $20. Today it is over $8,000,000. The coal fields of Africa aggregate 800,000 square miles; its cop- per fields equal those of North America and Europe combined, and it has undeveloped iron ore amounting to five times that of North Ameri- — ca. Africa has 40,000 miles of river and lake navigation, and water powers aggregating ninety times those of Niagara Falls. ' If Africa had the same proportion of railroad mileage as the United States according to its size, it would have a million miles of track instead of the 25,000 miles now in operation. One area in Africa unoccupied by missionaries is three»times the size of New England, a second would make y four states like New York, a third would cover « eight Iowas, and a fourth is eighteen times the * size of Ohio. Throughout Africa there is one : missionary for every 138,000 miles. , Almost the entire continent is now under Euro- pean flags. France has a colony in Africa twenty times the size of France itself; The British flag 5 flies over a territory as large as the Unitéd States, i and extends almost without interruption from the __ Cape to Cairo, a distance of 6,000 miles... “Moving Picture Stories” A Weekly Magazine Devoted to Photoplays and Players 2. rs we PRICE TEN CENTS PER COPY : fala Hach number contaius Three Stories of the Best Filmg_ on the Screen—Hlegant Half-tone Scenes from the Plays - —Interesting Articles About Prominent People in tha Films—Doings of Actors’ and Actresses in the Studio — ; and Lessons in ‘Scenario Writing. ers HARRY E. WOLFF, Publisher, Inc. 166 West 23d Street ‘New York Ci “: eA . i‘ S ‘mp
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ae < s - TERMS TO SUBSCRIBERS oye, (HARRY E. WOLFF, ee jreposes in a bank. fre _ “Fame and Fortune Weekly” | NEW YORK, DECEMBER 25, 1925 ne ee Re FS NR a Ne eee} —— ? aM PIGS CO DICK: als oraiare i cctde piale culos Postage Free 8 cents ne Copy Three Months........ af $1.00 5 mé Copy Six Months....:....- at ss 2.00 ine- Copy -One* ear ices. iuedenes sé a 4.00 * Canada, $4.50; Voreign, $5.00. - HOW TO SEND MONEY—At our: risk send P. 0, oney Order, Check or Registered Letter; remittances any other way are at, your risk. We accept Postage itamps the same as cash.* When sending silver wrap e Coin in a separate piece of paper to avoid cutting ‘he envelope. Write your mame and address plainly. Publisher, Inc., Address <letters to 266 W. 23d St., N. Y. { Oe oom ITEMS OF INTEREST FINDS $6,000 WIFE BURIED Since the death of his wife last July, John *Vejvoda, “living northeast of Rice Lake, Wis., jhas been busy digging up money scattered in yarious parts of his farm. To date he has un- earthed about $6,000, but he’s looking for more. ‘Now, the money which was buried by the woman Tis abe 3s Sp Pata oe oe: BEAVERS FELL APPLE TREES 4 - Beavers have attacked apple- orchards near ‘Florence, Washington, gnawing down trees twelve inches in diameter and dragging several -\fimbs to their dams. Complaint to the state game ‘warden started trapping operations in an effort to remove the fur-bearers to another section of “the country where birch timber abounds. | - orchard owners. along ads coker canals _ have ‘bound tree trunks with meshed wire fencing to * evard off the chisel-like teeth of the beavers. Harry HE. Wolff, Pres. Charles EK. Nylander, Seo. L. EB. Wilzin, Treas. MEN 30,000 YEARS AGO TRACED BY Aas a Seaway asa Se '-Excavations on Afron ountain, nee se elt Siberia, have resulted in the dis- ” ‘eovery of several skeletons of paleolithic men and the remains of several hundred mammoths, bears - @nd wolves. The skeletons are believed by Rus- "pian archaeologists to be about 30,000 years old. Weapons and tools of hitherto unknown. types “piso were found. Among these are curious shaped - pudgels made of tusks of the mammoth. » ; “THE ice eae’ egh es A ts under forty-five, who 5 en eae sedentary iife and strained ae ‘eyes by close work and are not unusually jpervous, should succeed in becoming average avl- gplors, ee ee Commander T. S. Rip- pr | Grea ritian. 3 “The Bore aaniars are individuals possessed ith what is popularly known as the “flying ‘¢emperament,” says Scientific American. They ave good “hands,” their reflexes are rapid and accurate, and- the Ye le FAME AND FORTUNE WEEKLY in a case like that?” y have a*sort of instinctive. * © The crasher class can be detected by medical examination and comprise the erratic lander who suffers from defective vision; the individual who faints at altitude; those who get dizzy and lose control in a spin; those whose vision is dim at night, and those’ ,who are unable to stand fatigue. The British Air Ministry insists on examina- tion every six months, and only if im perfect physical condition do pilots receive the “B” cer- © ' tificate in which the public and insurance com- panies have confidence. Nothing will promote safety in flying as much as a rigid system of the sort. Pilots may laugh at tests in which they are required to lift a small board with an unstable rod at the end, or where they are re- quired to stand on one leg with their eyes shut. But skilfully made and interpreted these tests are almost infallibile in determining the ‘sort of men to whom ships and passengers may be safely intrusted. < ‘ 5 LAUGHS uc Do L make myself plain?” cried the suffragette, Somebody has, if you haven’t,” came a male voice from the extreme rear of the hall. - A pupil in a school in New York’ City thus — defined the word spine: “A spine is a long limber — bone; your head sets on one end, and you set on the other.” ; “How’s your brother, Tommy?” Il] in bed, — miss. He’s hurt himself.” “How did he do that?” “We were playing at who could lean farthest out of the window, and he won.” . GLa RSS } < . Prospective Buyer—You say this is a healthy . lace, yet the man next door is confined to his — ed. w'do you account for that? House Agent PR he’s a doctor, and is slowly dying of starva- — on, ry sic Rosige “Charley, dear,” said young Mrs. Jones, “I have . such a bargain!” “Indeed?” that blue poker chips were worth a dollar apiece, a J got a whole lot of them for 75 cents at a ‘sale. : “Do you believe that all men are born free and. ! equal?” “I should say not. Look at me, for in- stance. I was the only boy in the family, and I ~ have five sisters. What chance has a fellow got — “Tt is the duty of every one to make at least *™ one person happy during the week,” said a Sun- day-school teacher. “Now, have you done so, Johnny?” “Yes,” said Johnny, promptly. “That’s — right. What did you do?” : “I t 1 aunt, and she was happy when I went home.” | While traveling’ in a Western town, the foliow- Ben ing conversation was overheard: “What are they moving the church for?” “Well, stranger, I’m mayor of this place, and I’m ferlaw gman We’ve got an ordinance that says no saloon sha “be nearer than three hundred feet.” “Yes; you told me went to see my
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SQUAW, 100, FOLLOWED HUNTING TRAILS TO END. VS Oo Sr he ek The tale of a 100-yeax-old Indian squaw who followed the hunting trails of her forefathers to f the end, peacefully succumbing to heart disease : after filling her canoe with game for the last time, was unfolded in Coroner’s Court the other day. The squaw, widow of Louis Thomas, a trapper - of Lake Kiskissing, Canada, had lived in a lonely camp near the lake shore many years, sustaining herself by her skill in trapping. ee ne ota BLANKS FIRED TO SAVE DUCKS FROM * POISONING , Soldiers at Aberdeen Proving Grounds are pa- » troling the banks of the Susquehanna River day and night, firing rounds of blank cartridges to frighten ducks away. An automatic rifle, mounted on a barge, also is on patrol. The precaution has been taken by Col. Charles M. Wesson, commandant, to protect the flocks of canvasbacks, many of which are reported to have een poisoned by phosphorus ftom exploded shells in the swampy land. George L. Jopp of Aberdeen picked up 250 dead ducks. Jopp said that in the vicinity of Spesutia Island #he saw 1,000 dead ~ ducks. « GIANT ROPE FOR TIGER TUG. = : If freshmen and sophomores of Princeton Univ- ersity accept the proposed tug of war as a substi- ¢ute for the tradional inter-class pelting with flour+filled paper bags, they will need a manila ope six inches in diameter and 1,800 feet ‘long, according to calculations made by engineering students. : : ee ~ Only one rope of that size exists and is in Europe, Prof. George E. Beggs, of the Engineer- ing School, points out. Should the tug of war project be accepted it is probable a steel wire rope or one with a wire core will be used. The tug is scheduled for the campus with members of either class trying to pull their rivals into the stream of a fire hose played between the two groups across - the! rope. . LEAVES $7,500 TO Boy wHo ; FOUGHT FOR PUP Years ago a small boy fought for a friendless up on the shore of the Mississippi River, near St. Louis. The inventory of the will of Jacob Siler _ ‘was filed lately, and, that boy, now a man, benefits ‘to the extent of $7,500. The boy, Otto Schmitt, an interior Receragors was named executor of the swill, which calls for a permanent home and be- queaths $2,500 to Siler’s dog, Joe. “3 : The unusual case involves the story of true love _ between man and dog. Siler, veteran of the Civil War, died last July. Previous to his death he lived with William P. Mertz, one of 5,000 persons who answered an advertisement of the aged bachelor, offering approximately $5,000 in prop- erty in re for a home for himself and “Joe.” VETERAN 3 — FAME AND FORTUNE WEEKLY ae CURRENT NEWS who lived there. -plorations have been the ¢ i DOG SWIMS RHINE 13 TIMES A touching and unusal case of canine fidelity ~ has come to light at Andernach; on the Rhine, near Coblenz, in the territory occupied by American ~ troops after the armistice. A female dachshund, | for many years owned by a crippled former soldier living at Engers, on the opposite side of the Rhine, was sold under economic pressure to a dog fancier . living at Andernach. She had hardly been in- - stalled in her new home when the dachshund gave birth to seven pups. : So great was her devotion to her former master ; and her eagerness to show him her offspring that aa she made seven trips, swimming across the Rhine ; each time with a puppy in her mouth. The end of : the thirteenth crossing found her so exhausted - ; that a veterinary surgeon was compelled to ad- a minister stimulants to resuscitate her. : ' The new master, at Andernach, was so deeply touched by the dachshund’s loyalty that he re- voked the sale and gave her back to her soldier- © owner, PREHISTORIC DEFENSES FOUND IN “KENTUCKY W. G. Burroughs,. professor of geology at Be- - rea College and an assistant State geologist, has ~ ade extensive discoveries, it was learned’ at the ancient stone fort atop a mountain three- and-a-half miles from Berea, Ky. Professor Bur- = roughs has been working there some time and plans other explorations. “He has found that the — oe prehistoric dwellers, whose identity is, unknown, ee established there a great system of defenses _ = ween would have taken modern artillery to cap--- ure. 5 SS The.fort occupies the entire top of a moun- ~~ tain about 320 acres in extent. The surface is — ; flat or gently rolling, the summit towering 550 feet above the valleys and precipices, sofe with a sheer drop of 200 feet from the edge. Stone barricades and perpendicular rock walls were built across the possible approaches to the sum- - mit by the people apparently of the stone age, These defenses extend from _ the top of one precipice across a ravine to the ~ top of the precipice on the opposite side, he Professor Burroughs says he found sixteen rock walls and barricades. Re-entrant angles had been placed at strategic points where an ad- vancing enemy could be caught and a hail of stones and arrows hurled upon them. A sec- ondary wall flanks two of the main approaches several. rods behind the first, so that there were two defense systems to be carried before hand- to-hand fighting became necessary. Remnants remaining of one of the defending walls are 1,200 feet long, Professor Burroughs says. In the rear of some of the walls are piles of stone © fragments believed to have been ammunition’ — dumps. ; eee Some guaves have been found, with a few relies of a race long-departed. Although t fort was discovered long ago, the Burroug first of a very ex cor nature. i : , ore et
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Si an * ree ee 3 _° ~ FROM ALL POINTS SS ; COAL MINE IN HIS BACKYARD. aa The anthracite suspension means nothing in the ~ jife of Charles B. Zimmerman, a Shamokin manu- facturer, who sunk a shaft to mine hard coal in his own back yard. . An outcropping of the celebrated red ash an- thracite vein was discovered in Zimmerman’s yard. The deposit was described as a “nest” of coal that lies.over a limited surface in. the flat pection of the city. The mineral rights in the «section are owned by the lot holders. ———a HUGE SALT BED That the southwest United States rests on a ped of salt averaging 500 feet thick is the con- clusion geologists are drawing from the natures of cores brought up from oil wells all over the region. The bed is known to be under the surface soil of 40,000 square miles of Texas and is be- lieved to extend far into New Mexico, Oklahoma and Kanasas. Some Texan wells have been drilled ae strata of salt more than a thousand feet thick. : “LADYBUG KING” Catching ladybugs in the high mountains of Washington State to save the fruit ranches of ~ the low lands has developed into a profitable though decidedly unusual industry on the Pa- cific Coast, says Popular Mechanics. One bug hunter, who is known as the “king ‘of the ladybug industry,” supplied 3,000,000 of - morted the “crop” was 6,000,000 short in the hills. e insects are transported in cages to the fruit ranches and “planted” in quantites of about 1,000 to the acre. They thrive and multiply rapidly and with their numerous progeny attack the green atid wooly aphis, the peach tree louse and other - orchard pests. . : WINDWARD ISLANDS AND LEEWARD 2 ISLANDS. There has been much confusion in the use of these names, as applied to certain groups of erence. to the positions of the islands with respect to the northeast trade winds. Many old and some - modern maps call practically the whole’ chain of - the Lesser Antilles the Windward Islands, and - give the name Leeward Islands to the fringe of west of Trinidad, The name Leeward Islands has also been applied to the Greater Antilles, Nowa- days it is customary to call the more northerly islands of the Lesser Antilles the Leeward Islands, and the more southerly the Windward Islands, but practice differs as to the extent of these two sub- divisions. Recently the U. S. Weather Bureau - found it necessary to define the terms for use in _ eonnection with storm warnings. Under the ad- “vice of the U. S. Geographic Board the Bureau ie thas decided to apply the name Leeward Islands to the remainder of the chain of the Lesser Antilles as far south as Grenada, and including Barbados. ‘Thus the Virgin Islands at the north and Tobago d Trinidad at the south are excluded from th groups. Tes 7 tegene Eat the insects. to fruit growers this year, but re-_ ie islands in the West Indies. The names have ref- ° islands along the northern coast of South America - = oa FAME AND FORTUNE WEEKLY SECRET SERVICE Grand and Thrilling Detective Stories By OLD KING BRADY Price 10 Cents We can still supply the following numbers of the above Weekly 1338 Lhe Bradys and the Subway Mystery; or, Tracking a Gang of Counterfeiters. * 1339 1340 1341 1342 1343 1372 1373 1874. Any of the above numbers will be mailed to you. postage free, upon receipt of the price in money, : postage stamps. ‘Cp v » HARRY E. WOLFF, PUBLISHER. INC., o and the White Band; or, The Sign of the Sil- ver. Cross. ri zi and Lock Box No. 11; or, Solving a Post-Oftice pene . 5 y and the Yellow Crooks; or, The Chase fo. Chires, Diamonds. - = on Strangest Case; or, The Skeleton in the Well. and the School Boy; of, Hot Work on the Brandon Case. ~and the Forged Check; or, Convicted by an eink Mark, Best Trick; or, The Clue in the Glass Jar, and the Cracksmen; or, A Desperate Game for Millions. ego Mine; or, The Mystery of Shaft and the Voodoo Queen; or, A Dark Case from San Juan Hill. - bag Boy Spy; or, Solving a Secret of Seven and.the Missing’ Money; or, Shadowing a Sus- pected Man. e Supeetoes Case; or, The Hidden Den of Pell reet. . and the Double Daggers; or, The Secret Sign of SGid Breaklock” Trappi an reaklock”; or, Tra: ce6uk. 0 ‘rapping a Desperate price of the following numbers is 7 Cents ” On-a Raid; or, Rounding Up the Cireus Faki and the Snake Charmer; or, for the Hindoo Le or, The Search for r the Bronx Berglars; eae ai glars; or, Nabbing the Gas = ihe Dumb Boy; or, The. Fate of Messenger 0. 9. and the Blind Chinaman; pO Pe n; or, The White Slaves Tracking a Skeleton Arm; or, The Clew in the Tree., and Mil - the Factory Boy; or, Th > ae San y e Mystery of the % ashe Poisoned Pen; or,.Foiling a Desperate Chasing the Black Crook; or, Solving a Fifth. mierae eee he ; an e Banker’s Boy; , Th i Multierey Bend. Y; or, e Kidnappers of ter the Gold Brick Man; or, of Swindlers. oh Sve Hane and the Diamond Heart; or, T ‘ ae Mummy. * Be ee SE ed Glove Clew; or, The Secret Band of Seven, and the Man ‘Next Door; or the M : on High Street. tage oe. ee Chinatown; or, Tracking the Hip Sing And the Mad Barber; or, Sol A - Secret. ‘ . Solving A Singular * » ul . [ Bates Chase; or, Running Down a Clever rook, Y: a the Black Dwarf; or, Working Up a Poison i ew. Masked Foe; or, The Man With the Missing — Finger. and the Sneak Thieves; or, Running Down the. Red. Hook Gang Working a “Blind”; or, Tr Saalea Hoon he Secret of the 166 West 23rd Street, # New York, N.Y) re
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ey “eae FAME AND FORTUNE WEEKLY : BRIEF BUT POINTED ae GETS 15 YEARS FOR. OBEYING TRIBAL® - LAW, : care brimothyee Dienouluck, Eskimo, was true to the _ ‘tradition of his aboriginal people. His father died of a spell cast over him by a medicine man, and Timothy, as head of.the house, was destined to be the witch’s executioner. Such is the tribal law along the Yukon River—and Timothy with simple faith and a shotgun, obeyed it. ; But the law of the Eskimos is not the law of the white man, and on the last ship for this year, from Bearing Sea a United States Marshal brought Timothy here enroute to McNeil’s Island Federal Penitentiary for fifteen years sentence. The Eskimo frankly confessed his deed. In prison : he hopes to learn English and a trade in the hope of a pardon after several years of good be- havior. * ; S RARE COINS BRING $18,923. | The sale of the coin collection of the, lafe W. ~ — -W. C. Wilson, of Montreal, brought a total of $18,923 at the close of the second session, held at the Anderson Galleries. .The coins included a Ganadian half penny of great ranity, which was sold for $225. This was one of a series of “bouquet. “sous” in which a Corteau brought $110. Both were purchased by Dr, L. A. Langstroth. + = he leading price of the sale was paid by L. A. Renaud for fifteen Sols of 1670 of the French regime in Canada and bearing the crowned arms of France and a Latin inscription. The price was $560: A rave “bent leaf” sou was sold to Mr. “Renaud for $125.a~A Newfoundland coin by Peter -M’ Ausland was sold to Dr. Langstroth for $135, and the same buyer gave $110 for a ship token. RADIO AND TEAR BOMBS FOR ROBBERS i - OF MID-WEST BANK. ~ Protected on all sides by well drilled units of the new county ranger system, many Minnesota ‘banks are installing still another line of defense in the form of tear gas bombs, so says an As- _ sociated Press dispatch’ ES Minneapolis. - These, declared Fred P. I * Minnesota Bankers’ Association, have become in- . ereasingly popular since a band of robbers was - repulsed’ when it attempted to rob a bank at Cold Spring. Se ; ; The regular war time tear gas bomb is being used by some institutions, but others adopting this plan are using ammonia, only. . The general method is to conceal these bombs just inside the ~ drilled into. - INDIANS INCREASING Contrary to widely cireulated reports that the American Indian is dying off at an alarming rate Indian populations are holding their own and in- creasing at a rate nearly as“high as that shown ‘by census figures for the white population. . Edgar L. Hewett, director of the School for American Research of the Archaeological insti- ‘ 3 cee is o A ‘sueceeded in producing sheets ef steel so thin) | Fellows, _secretary,- vault wall, where they are easily exploded if , in the great Southwest,” the Pueblos and other- tute of America at Sante Fe, N. M., has trans- * mitted to the American Association for the Ad- vancement of Science a report of a census jus made that shows that in the last decade the pop- - ulation of Pueblo villages has increased 22.2 pen cent. and now totals 10,565. Only one Pueblo vil- lage showed a decrease, and that was due to influenza epidemic a few years ago. z sae During the same period the entire population of the United States increased 39 per cent., part of which was due to immigration. THese figures Dr. Hewett considers adequate refutation of the general idea that there has been a “startling des crease in our ‘primitive population.” . aa een “On the question of the Indian ceremonies, also, much emotion has been wasted,” Dr. Hewett said. { “They are vital-in the life of the Indians.’ They — — .-are highly esthetic in character, and are not at- tended by immoral consequences as are the so- cial dances of the whites. Nor are the ceremonies ~ dying out, nor are they likely to. On the con- . trary, ceremonies that had disappeared are being ~ — reserv= > Ft amenable to advice than are the youth.of ourowa , Hoar iY » TRANSPARENT STEEL reap A new method of’making sheets’ of metal of unprecendented thinness invented by Dr. Kar Mueller of. the Physical Technical Institute of Berlin, seems likely to ‘prove of considerable in- ~ dustrial. as: well as scientific importance. He has_ that they are as transparent as the clearest glass, The test plates used to determine the transpar-_ ency of* optical glass, and ruled with lines one twenty-five hundredth of an inch apart, were’ photographed through such a metal sheet, and when enlarged to four hundred diameters the seale lines showed distinctively without any dis- noe tortion. The absence of aberraton proves that the — stfucture of the film is perfectly even and equal in all directions. The. metal sheets are so thin that atoms will pass through them without im- pedment. Alpha rays from radium, that consist of streams of the stripped atoms of helium, and are completely blocked by a sheet of paper-are not perceptibly weakened in passing through such | metal, sheets. It is caleulated from the specific — gravity of the metal that in these sheets there re not more than thirty layers of atoms in thick- ness. ‘Yet the sheet of metal is so strong that when fastened in a frame it may be bent out by blowing on it toa sixteenth of an inch without rupture. “ hays Gates Dr. Mueller makes these
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30 MODERN INDIAN NAMES 108 official birth reports from ashington coun- -.-ty, South Dakota, some of them dating back to 4912. There are many Indians in that county and it is interesting to note some of the names bestowed upon the children. For example: Rose White-Dréss, Benjamin _ White Butterfly, Delia Picket Pin, Kills on Horseback, Victoria Tail, Rosa PumpkinsSeed, Peter Broken-Leg, and Christina Old Horse. ‘SENTENCE TO SOLITARY IS AIM TO et ay HALT CRIME» In an effort to deter criminals, Judges of the - New Hampshire Superior Court will enforce a statute giving them power to add terms of soli- tary confinement to sentences pronounced by them, Judge William H. Sawyer announced. The law, the judge said, empowers the judge to sentence the convict to thirty days solitary confinement - for each year of his term in State prison. - * ‘Judge Sawyer said the law would be enforced - #0 the letter in the hope that it may stop some of ‘the crime committed in New Hampshire by crim- inals from other States. ; APPLES FROM APPLE SEED He was from Virginia and he gave an apple to 2 New York friend who ate it and declared it to = “pe the finest he had ever tasted + _ -. “That apple, suh,is an Albemarle Pippin,” and _ * Gt is the’ finest td that grows. “Tt is certainly some apple, “T believe I will save the seed and plant them on my summer place -in Dutchess county.” “That would do no good, suh,” said the Vir- inian. ore ge do not reproduce themselves from the seed. You might plant the seed from the finest apple you evér tasted and the tree would yield fruit absolutely worthless. Seed from red apples will often produce striped or green fruit. ere are a few varieties that will generally re- esa themselves. The Ben Davis usually will, ut the Ben Davis is not much to begin with. a7, ’ -_Yorker. -“Then how do you know what sort of friut a thee will bear?” asked the New Yorker. . ane “By budding or grafting. That is one of the eee mysteries of nature. You can putia twig or even a bud in the limb of a tree twenty feet from the d and that twig or bud will grow, and when ; i bears will produce friut of the variety from - which the graft came, and without regard to the variety of the tree which supplies the sap. Thus _ the tree may be a summer apple which ripens in ; he and the bud a winter ifetan| that is at its patel bale in January after being stored three or four _ months, and those characteristics will persist. ~ + that produces a dozen, varieties of apples, the re- sult of freak grafting by a former owner. I have ~ g thousand trees in my orchard, and not one is a pe , seeding-grown from seed, on know. All have been grafted, and in no other wa'ty could we be ___ eertain of getting what we want.” ~~ “But seed will produce some sort of apple, won’t they?” ie ah — ” said the’ New “J have in my orchard in Amherst county a tree? The office of the county clerk is in receipt of thousand that it will be much a : FAME AND FORTUNE WEEKLY GOOD READING * ” “To be sure, but the chances are not one in ten : good. Of course,” hurriedly, “all apples are really good, but few are superior. The Albemarle Pippin you have just enjoyed was once a seedling, and allgthe tens, of thousand trees of that variety descended from that tree which grew, out near Newtown on Long Island.’ But it was a lucky chance, and nature has never repeated it. Don’t plant apple seed— you will have to wait a long time for results, and then you will be disappointed.” IDLENESS IS CHIEF OF PUNISHMENT : OF RUSSIAN PRISONERS Prison life in Russia has greatly improved since— the grim days of the Bolshevik revolution. A much more humane regime has replaced the tér- roristic methods which accompanied the change from a monarchial to a democratic regime. From the hardened murderer down to the inoffensive looking youth accused of theft, sagt eas eat, sleep, mingle together and share the same daily conditions of prison life. Criticism is chiefly di- rected dt the slender quantty of food and lack of outdoor exercise. Only in the cases of the most dangerous ¢rim- inal prisonerg are found such things as stone cells, iron bars and solitary confinement. All others, even political prisoners, are given large, © well-lighted, tidy rooms with iron cots and a single blanket for a covering. In most cases these rooms are not even barred, and the inmates are. freesto mingle among themselves. Very little ? work is provided, and the prisoners, therefore, are free to indulge their hobbies, to smoke, play cards, read- and have the fr i instruments (their owh) and other forms of en- tertainment. i‘ : Paradoxical as it may seem, it is this lack of work, according to the prisoners themselves, which makes prison life so difficult to bear. Judged by American standards, prison labor in Russia is poorly organized. In the larger jails there are carpenter shops, book-binding plants, printeri basket-making departments and machine shops, but the work is sufficient only to keep about a. third of the inmates occupied. Murder in Russia is relatively a mild offense as comapred to counter-revolution. The corres- pondent on a recent visit to one of the’ Moscow — prisons spoke to a youth guilty of triple murder, who was serving only three years, while in the next room was a man accused of counter-revo- lutionary activities, who was condemned to death. Ten years is the maximum for murder in the first degree, but death invariably is meted out to ‘those found guilty of working against the present political regime. is necessary in order to insure t revoluton. ; The Bolshevjki say this severity success of — = 5m t use of musical
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FAME AND FORTUNE WEEKLY 2 FROM EVERYWHERE as HONEY-BATH FOR PEARLS Baths in newly gathered honey are recom- mended by a European.gem expert to restore the lustre to pearls that have grown dull, says Popu- lar Mechanics. Treatments of forty-eight hours at two-weeks intervals for period of about six months, are said to produce the most satisfac- - tory results and the honey should be removed with alcohol instead of water. LIGHTNING ROD VALUE A lightning hazard is rapidly increasing from year to year with the extention of telegraph, telephone, lighting and power lines over the coun- - try. When a stroke of lightning occurs any- where near such lines it causes, by induction, a sudden surge, or rush of current, which is likely not only to injure wires and insulators, but also to be carried into buildings, where it may dam- age costly electrical senhery and possibly cause fires. Buildings are protected by lightning rods, _ the value of which is fully proved by statistics. SHRIMPS : . Shrimps: are caught in the Gulf of Mexico. sir ae Benoa lasts four months, two in the spring \ and two in the fall, and in that time a tremen- dous business is done in the way of eatching and canning them. In New Orleans, which is the headquarters of the trade, one hundred thousand cans a day of these little fish are packed. The shrimps run in large schools down the numer- - “ous passes leading into the Gulf of Mexico, where the fishermen catch them with their seines, frequently bringing in at one haul enough to fill one of their peat boats. They are then taken to the canning factories. The shrimps are placed -* Gp large troughs. Girls who are experts in their ine take them in hand. With one twist they take off their heads, and then with a pressure at the tail the shrimp is forced out. After being | teken from the shells the shrimps are put in a vat of salt water, and are cooked by means of steam pipes running through the vats. Then they are put into little gauze bags, each bag just big enough to fit inside the cans used, there being so much phosphorous in the shrimp, that unless some precaution is taken the tin would -. pe eaten through by its action. After the shrimps “are placed in the cans they are hermetically sealed, this work being done by machinery. The cans are then put into a large tank, and once again the shrimps are put through a steaming _. process,’ this being ten times hotter than before. After this the shrimps are thoroughly cooked, and when the cans. cool they are labeled and put in boxes. ae ayy (+ HISTORIC CHRIST CHURCH IN S Alo i PRIUADELPBIA Shh * Qld Christ Church, on Second Street below Ar os Peis “philadelphia, has heard the prayers of _ America’s first patriots beseeching freedom from RO = . Creve ; tyranny. Visitors to the Sesquicentennial. In national Exposition next year will scarcely fall a landmark of more historical significance, Construction of the ancient sanctuary, which is of pure Colonial architecture, was begun ing 1727. Dissension regarding an environment cons ducive to worship must have abounded, for many alterations were made, and it was only after tha _ pulpit was moved twice, the gallery en arged, the — ‘seats altered, and the twenty-four branch chan= delier hung, that the body of the church waa completed in 1744. The pillars alone seem to have ~ been made of adamant.. 3 ) Funds for a steeple and bells were raised by means of a lottery. The latter would indicate a | more broad-minded attitude on the part of oup forefathers toward funding expenses than is the custom of the 20th century vestryman. There can be no doubt that it was*oversubscribed since Ben jamin Franklin was one of its managers. The tower and steeple were completed in 1753-54, andi — a chime of eight bells, costing five hundred poundy was-imported. — The old pulpit of 1770, the prayer desks made from the original high desk, and the old come munion table below the altar, remain to this dayei The font, at which Bishop White, Francis Hops; kinson, and a long list of worthies were baptized, is still to be seen. The beautiful silver bowl, ~~ was replaced in 1879 by one which was the gure weighing over sixty-three ounces, presented by Colonel Robert Quarry of the British Army inj 1712, is still used. ; Many distinguished men were buried under they floors of Christ Church, including Bishop Whi and his brother-in-law, Robert Morris. In thai burying ground at the southeast corner of Fifth; and Arch Streets were buried Franklin and h s wife, Deborah; General James Irvine, Major Wil~ liam Jackson, the Rev. Bird Wilson, Peyton Ran- dolph, president of the First Continental Congress, and Francis Hopkinson. : The Rev. Jacob Duche, a gentleman with Tory’ proclivities, shepherded the illustrious Christ - fe, Church flock during the stirring period of UTI 6. On the Fourth of July, after the reading of tha Declaration, he permitted the bells of the church to chime merrily, becoming, for the moment, a pa- triot. Later he wrote his famous letter to Wash- , ington, in which he states that he insisted upon — using the prayer for the royal family till the last moment, though threatened with violence; but that on the Declaration of Independence, not being able to consult his spiritual superior, he called his — vestry together and solemnly put the question, - whether they thought it best for the congregations to close the churches or to continue the services _ without using the petitions for the royal family. The vestry promptly decided:. “The Honorable Continental erry having resolved to declare the American Colonies to be free and independen: States, it will be proper to omit those petitions. Verily, the clerical conscience was salved wit; opportunism. = -
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