| Show efrom london society money MONET MAKING ON THE STOCK EXCHANGE CONCLUDED yes hed hod he did indeed find himself putting this forward as a consideration he had of late began to admit that somehow with all his success he had not the quiet solid enjoyment of old days his old office life had been a humdrum bl plodding one before ho he entered on these new paths but it had given him moderate contentment and an easy mind of late lie he had found himself living always in la a state of nervous feverish excitement which success only increased resold besold he sold something at a profit of a hundred pounds and he found that by waiting a week longer he might have cleared two hundred instead of one he bought bosell to sell seli again and did sell again at a profit but it worried him to observe that he he might have made a great er profit by buying a day later or selling a day sooner he found in short if ha he would have confessed it less real satisfaction in flaw alve hundred hundred poun pounds ds made in a week by a lucky I 1 tope lope operation ration 11 than he had hid found in fifty pounds saved thoughtfully and carefully out of his old income nig his newspaper which lie he had bad been wont to read and enjoy at his leisure chewing the cud of pleasant fancy and and speculation on home and foreich affairs contained nothing now but tile the share list he had been wont to follow with keen and almost breathless interest every movement on el either elther ther side in that great and terrible struggle on beyond the seas he now re read so ii little tle tie of bf it that he hardly knew to which side the respective generals belonged he had been accustomed to study the utterance abd and and policy of the emperor as be he ml might hast study dy a difficult position on the chessboard chessboard aud ard ar d now he lie found to his shame that there had been a long along imperial speech to the chambers which he had quite overlooked and which was already a week old turn to what part of the paper he would he always found himself wandering back again in a minute to the share list reading for the twentieth time in a day those quotations in it in which he be was so interested and always thinking of them whether he looked at them or not and ghisi he could not help feeling was waa an unhealthy state of mind and one out of which the sooner he got the better therefore ad as we said his big mind was made up that he would with all safe dispatch windup wind up his affairs put the finishing strokes to the operations he her had been carrying on dismiss share lists and shares from his mind and leave bulls bears and brokers to worry each other at their own sweet wills as is their nature to only this waiting through the winter and seeing markets fall week after was very trying to the nerves and n temper day ater after day quotations were down down and lower down down aown he knew that the quotations were only nominal and that successive falls were registered without any transaction havin having taken place H he e knew that his scrip was intrinsically as valuable now that so much of it stood at a heavy discount as it was when it commanded a thu thumping i jiping premium but somehow a deep rooted suspicion of ofine the newcom new companies seemed to have possessed the public and the panic which had been salong ao long iong predicted was becoming painfully apparent among tile the more timid shareholders to realize now would be simply to sacrifice the greater pa part rt of his gains and the idea was horrible on od the other hand if the recovery in the value of stocks should not be so complete or even not be so rapid as bedad he had bad he lie might mighty when the second calls began to bo be made find himself very awkwardly fixed when shares biela by the hun hundred drea dred or two hundred afe d a call of five pounds a share sham soon tells on the balance at the bank and these very calls which lie he had been taking such pains to provide for might 1 have the emet effect of sending prices down still furt further hergo so that matters might be ni worse worle leao leso after the half yearly meetings than thau now now vow Ther there dyas iWas was one other way out of the dilemma and add perhaps it might bo be the best way if there was one thing on which brokers were more firmly a agreed reed than another it was on or the principle that it is asaro asare thing to buy after v faily fally beca beba because ilse iise there is generally a reaction wd now he bad been receiving hii bia money for future calls if instead of waiting for such calls he bought new liew shares shar i cs at a discount lie he might when they went back to par sell and so realize hil hll hi profit without paying the calls at all or incurring the risk of a further fall when they should be in made IF 14 e 1 a and n d that theohares the shares now at a discount diacou n t would speedily go baek back to par ar orto or to something higher there coufa could be be no reasonable doubt for the dry goods insurance company and the tilbury shipbuilding company were not as other companies were he had gone thoroughly into their affairs and knew that they were doing a large safe and profitable I 1 business which in a little while would tell its own tale taie this therefore was what he would do he would ifould take tako advant advantage arre arye of the present low markets atol I 1 double his stake in these conee conce concerns ans and as soon as they went back to par he would sell all his holding and so realize that profit lie had hoped to get got out and this to sli sll shorten orten a long story was wa what lawrence reeve did troubled at seeing his shares at a discount he bought new ones at that discount and waited for the rise which would bring them back bach to their nominal value he waited and nd watched watched and waited now with pat patience tenee tence lowi now with impatience now hopefully now despondingly pon according as the share lists slightly rose or slightly fell but somehow the decisive jump that was to put all things right did not come both dry goods shares and shipbuilding shares not only got no better but bu teven even got worse nay it was the tho same with five out of the six other companies in which he had invested look where he would down the long column of the share list every figure had appended to it the hateful idis dis abhorred of men and was not dis another name for pluto and was not pluto god of hell as well as of riches reeves classical studies had not been profound and perhaps they never suggested anything of this kind to him but sometimes lie he did have a passing fear that his pursuit of riches was vas going to bring him at last to the very devil now at last ho he began to understand the real real meaning of that word panic which he had of late been rather apt to use contemptuously he ile began to understand with what eagerness a man may run to realize a cosof loss of five hundred and rejoice if lf he bucce succeeds eds if only he has bas has once thoroughly persuaded himself that by so doing he escapes a loss of a thousand he began to debate in his own mind whether he had nou nol better bear the ills he had rather than wait for what might prove larger large rills liis ills he jete debated whether lie he had not better resign himself to the loss of what he had so I 1 lately gained lest by and by he liv should lose not only that but his old savings with it and in the silent sessions of that debate arguing with sickness of heart making delusive calculations only to rub them out again conjuring up hopes that he knew were visionary the days and the nights passed very wearily reeve thought those pangs which he felt in making up his mind to resign himself to his losses the bitterest of any pangs he had ever groaned under he could not eat he could not sleep he could not transact his daily business for haunting thoughts of ruin and bank he reckoned up all the shares he held and found that if he sold at current prices he should come out with ellees barely his is oid old old oid savings and already notices of calls to a heavy amount ha had been given by two or three companies whose shares were going t down every day there was a sum of a hundred and twenty pounds which reeve ought to have paid for a new piano and drawing room furniture got on moving into his larger house but he had felt himself so tightly pressed by ealis calls that he had much against his liking been forced to give a two months bill for the tile amount and now the two months were more than half gone and he be must prepare to meet it christmas had come and gon gou eagan and the new neo year was fairly arly in possession sion slon reeve had never spent a christmas mas so much show of prosperity they haddad had had a large largos gather gathering ing oi ot their trl tri friends 1 ends in their new house and he had bad been politely congratulated on the flourishing aspect of his affairs and politely envied the good old christmas cheer had been bew more abundant the good old christmas games more jovial than eve eveir r and the master of the house had all the while never s spent ent a christmas so ill lii at case ho hat had a guest too many in his house black blaek care stood behind his chair and waited on him sedulously in ib sh short 0 rt lawrence reeve was ruined 17 and knew it A OPERATIVE cooperative CO grocery store has hak just been opened in springfield mass by y trades and workingmen who subscribed ascribed scribed dabove above towards the project |
