“H’m!” sniffed Freeman, skeptically, yet impressed by the change in Gilmartin’s attitude from the money-borrowing humility of the previous week to the confident tone of a man with a straight tip. Sharpe was notoriously kind to his old friends—rich or poor.
“I was there when the papers were signed,” Gilmartin said, hotly. “I was going to leave the room, but Sam told me I needn’t. I can’t tell you what it is about; really I can’t. But he’s simply going to put the stock above par. It’s 64½ now, and you know and I know that by the time it is 75 the newspapers will all be talking about inside buying; and at 85 everybody will want to buy it on account of important developments; and at 95 there will be millions of bull tips on it and rumors of increased dividends, and people who would not look at it thirty points lower will rush in and buy it by the bushel. Let me know who is manipulating a stock, and to h—l with dividends and earnings. Them’s my sentiments,” with a final hammering nod, as if driving in a profound truth.
“Same here,” assented Freeman, cordially. He was attacked on his vulnerable side.
Strange things happen in Wall Street. Sometimes tips come true. It so proved in this case. Sharpe started the stock upward brilliantly—the movement became historic in the Street—and Pa. Cent. soared dizzily and all the newspapers talked of it and the public went mad over it and it touched 80 and 85 and 88 and higher, and then Gilmartin made his brother-in-law sell out and Smithers and Freeman. Their profits were: Griggs, $3,000; Smithers, $15,100; Freeman, $2,750. Gilmartin made them give him a good percentage. He had no trouble with his brother-in-law. Gilmartin told him it was an inviolable Wall Street custom and so Griggs paid, with an air of much experience in such matters. Freeman was more or less grateful. But Smithers met Gilmartin and full of his good luck repeated what he had told a dozen men within the hour: “I did a dandy stroke the other day. Pa. Cent. looked to me like higher prices and I bought a wad of it. I’ve cleaned up a tidy sum,” and he looked proud of his own penetration. He really had forgotten that it was Gilmartin who had given him the tip. But not so Gilmartin who retorted, witheringly:
“Well, I’ve often heard of folks that you put into good things and they make money and afterward they come to you and tell how damned smart they were to hit it right. But you can’t work that on me. I’ve got witnesses.”
“Witnesses?” echoed Smithers, looking cheap. He remembered.
“Yes, wit-ness-es,” mimicked Gilmartin, scornfully. “I all but had to get on my knees to make you buy it. And I told you when to sell it, too. The information came to me straight from headquarters and you got the use of it and now the least you can do is to give me twenty-five hundred dollars.”
In the end he accepted $800. He told mutual friends that Smithers had cheated him.
VI.
It seemed as though the regeneration of Gilmartin had been achieved when he changed his shabby raiment for expensive clothes. He paid his tradesmen’s bills and moved into better quarters. He spent his money as though he had made millions. One week after he had closed out the deal his friends would have sworn Gilmartin had always been prosperous. That was his exterior. His inner self remained the same—a gambler. He began to speculate again, in the office of Freeman’s brokers.