FREE BOOKS

Author's List




PREV.   NEXT  
|<   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45  
46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   >>   >|  
to stand him in good stead in a score of "safe" operations, but, just now, it was a gaudy new thing, and its beauty almost blinded him. The same idea had been used by many men before him, but Wix did not know this, and he created it anew. "Sam," he said to the cigar-store man next morning, "I want you to invest in The La Salle Grain and Stock Brokerage Company." "Not any," declared Sam. "You have two hundred of my money now." "Not the entire roll," denied Wix. "I only got twelve and one-half per cent." "If you'd take twelve and a half per cent. eight times you'd have it all," retorted Sam. "That's why I quit. I stood to lose two hundred dollars on a seven-point drop, or win a hundred and seventy-five on an eight-point raise. When I finally figured out that I had the tweezers into my hair going and coming, I didn't wish any more." "But suppose I'd offer you a chance to stand on the other side of the counter and take part of the change?" "I'd let you stand right here and talk a while. What's the matter?" "Haven't capital enough," explained Wix. "I think I refused to take a trade of yours one time, just because I had to play safe. I had to be in position to pay off all my losses or quit business." "How much are you increasing?" asked Glidden, interested. "A twenty-five-thousand-dollar stock company: two hundred and fifty shares at a hundred dollars each." "I might take a share or two," said Sam. "You'll take twenty," declared Wix, quite sure of himself. "I want four incorporators besides myself, and I want you to be one of them." "Is that getting me the stock any cheaper?" "Fifty per cent.; two thousand dollars' worth for a thousand. After we five incorporators are in we'll raise the price to par and not sell a share for a cent less." "How much do you get out of this?" Sam asked, with a leer of understanding. "Ten per cent. for selling the stock, and have the new company buy over the present one for ten thousand dollars' worth of shares." [Illustration: "Sam," he said, "I want you to invest"] "I thought so," said Glidden with a grin. "Fixtures, established business and good will, I suppose." Wix chuckled. "You put it in the loveliest words," he admitted. "You're a bright young man," said Glidden admiringly. "You'd better pay for those fixtures and put in the whole business at five hundred." "What do you suppose I'm enlarging the thing for, except to increase my income?" Wix d
PREV.   NEXT  
|<   21   22   23   24   25   26   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45  
46   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   >>   >|  



Top keywords:

hundred

 

thousand

 
dollars
 

suppose

 
Glidden
 

business

 

declared

 

twelve

 

incorporators

 

twenty


company

 
invest
 

shares

 

position

 
losses
 
increasing
 
interested
 

dollar

 

admitted

 
bright

loveliest
 

chuckled

 

Fixtures

 

established

 
admiringly
 
enlarging
 

increase

 

income

 

fixtures

 

cheaper


understanding
 

Illustration

 

thought

 

present

 

selling

 

coming

 

Brokerage

 

morning

 

Company

 
retorted

entire

 
denied
 
created
 

beauty

 

blinded

 
operations
 

change

 
counter
 

matter

 
refused