A CORNER IN FARMERS IS FORMED AND IT BEHOLDS A MOST WONDERFUL VISION
It was already high time for fall planting operations on the Wallingford estate, and Truscot County was a-quiver with what might be the result of the new-fangled test-tube farming that Ham Tinkle was to inaugurate. From the first moment of his hiring that young enthusiast plunged into his work with a fervor that left him a scant six hours of sleep a night.
In the meantime J. Rufus took a flying trip to Chicago, where he visited one broker's office after another. Those places with fine polished woodwork and brass trimmings and expensive leather furniture he left without even introducing himself—such stage settings were too much in his own line of business for him not to be suspicious of them—but, finally, he wandered into the office of Fox & Fleecer, a dingy, poorly lighted place, where gas was kept burning on old-fashioned fixtures all day long, where the woodwork was battered and blackened, where the furniture was scratched and hacked and bound together with wires to keep it intact, and where, on a cracked and splintered blackboard, one small and lazy boy posted, for a score or so of rusty men past middle age, the fluctuating figures of the Great Gamble. Mr. Fox, a slow-spoken and absolutely placid gentleman of benevolent appearance and silvery mutton-chop whiskers, delicately blended the impressions that while he was indeed flattered by this visit from so distinguished a gentleman, his habitual conservatism would not allow him to express his delight.
"How much money can you be trusted with?" asked Wallingford bluntly.
"I would not say, sir," rejoined Mr. Fox with no resentment whatever. "We have been thirty years in these same offices, and we never yet have had enough in our hands to make it worth while for us to quit business. Permit me to show you our books."
His ledger displayed accounts running as high as two hundred and fifty thousand dollars that had been intrusted to their care by single individuals. But thirty years in business at the same old stand! He insisted gently upon this point, and Wallingford nodded his head.
"Before I'm through I'll make all these bets look like cigar money," he asserted, "but just now I'm going to put fifty thousand in your hands, and I want it placed in exactly this way: Monday morning, with ten thousand dollars buy me one hundred thousand bushels of December wheat on a ten-cent margin. No more money will be put up on this deal, so place a stop-loss order against it. If wheat drops enough to wipe out the ten thousand dollars, all right; say nothing and report the finish of the transaction to me. I'll do my own grinning. If wheat goes up enough to leave me five cents a bushel profit, clear of commissions, close the deal and remit. On the following Monday, if wheat has gone up from the quotations of to-day, sell one hundred thousand bushels more at ten cents margin and close at a sufficient drop to net me five cents clear. If it has gone down, buy. Do this on five successive Mondays and handle each deal separately. Get me one winning out of five. That's all I want."
Mr. Fox considered thoughtfully for a moment, carefully polishing his bald, pink scalp around and around with the palm of his hand. He gave the curious impression of being always engaged with some blandly interesting secret problem along with the business under consideration.
"Very well, sir," he observed. "Fox & Fleecer never makes any promises, but if you will put your instructions into writing I will place them in the hands of our Mr. Fleecer, who conducts our board operations. He will do the best he can for you."
Mr. Wallingford looked about him for a stenographer. There was none employed here, and, sitting down to the little writing table which was pointed out to him, he made out the instructions in long hand, while Mr. Fox polished away at his already glistening pate, still working at that blandly interesting secret problem.