“My dear fellow, you’re wrong,” Nevitt put in eagerly. “You ought to have sold to-day. It’s the top of the market. They’ll begin to decline soon, and when once they begin they’ll come down with a crash, as P.L.‘s did on Saturday. You take my advice and sell out first thing to-morrow morning. You’ll clear sixteen pounds on each of your shares. That’s enough for any man. You bought ten shares, I think, didn’t you? Well, there you are, you see; a hundred and sixty off-hand for you on your bargain.”
Guy paused and reflected a doubtful moment. “Yes, I’ll sell out to-morrow, Nevitt,” he said, after a struggle, “or what comes to the same thing, you can sell out for me. But, do you know, my dear fellow, I sometimes fancy I’m a fool for my pains, going in for all this silly speculation. Better stick to my guinea a column in the Morning Mail. The risks are so great, and the gains so small. I don’t believe outsiders ought to back their luck at all like this on the Stock Exchange.”
Montague Nevitt acquiesced with cheerful promptitude. “I agree with you down to the ground,” he said, lighting a cigarette, and puffing away at it vigorously. “Outsiders ought not to back their luck on the Stock Exchange. That, I take it, is a self-evident proposition. But the point is, here, that you’re not an outsider; and you don’t back your luck, which alters the case, you’ll admit, somewhat. You embark on speculations on my advice only, and I’m in a position to judge, as well as any other expert in the City of London, what things are genuine and what things are not worth a wise man’s attention.”
He stretched himself on the sofa with a lazy, luxurious air, and continued to puff away in silence at his cigarette for another ten minutes. Then he drew unostentatiously from his pocket a folded sheet of foolscap paper, printed after the fashion of the common company prospectus. For a second or two he read it over to himself in silence, till Guy’s curiosity was sufficiently roused by his mute proceeding.
“What have you got there?” the journalist asked at last, eyeing it inquiringly, as the fly eyes the cobweb.
“Oh, nothing,” Nevitt answered, folding the paper up neatly and returning it to his pocket. “You’ve sworn off now, so it does not concern you. Just the prospectus of a little fresh thing coming out next week—a very exceptional chance—but you don’t want to go in for it. I mean to apply for three hundred shares myself, I’m so certain of its success; and I had thought of advising you to take a hundred and fifty on your own account as well, with that hundred and fifty you cleared over the Cordova Cattle bonds. They’re ten-pound shares, at a merely nominal price—ten bob on application and ten on allotment—you could take a hundred and fifty as easy as look at it. No further calls will ever be made. It’s really a most remarkable investment.”
“Let me see the prospectus,” Guy murmured, faltering, the fever of speculation once more getting the better of him.
Nevitt pretended to hang back like a man with fine scruples. “It’s the Rio Negro Diamond and Sapphire Mine, Limited,” he said, with a deprecatory air. “But you’d better not go in for it. I expect to make a pot out of the thing myself. It’s a unique occasion. Still, no doubt you’re right, and I don’t like the responsibility of advising any other fellow. Though you can see for yourself what the promoters say. Very first-class names. And Klink thinks most highly of it.”
He handed Guy the paper, and took up his violin as if by pure accident, while Guy scanned it closely.
The journalist bent over the prospectus with eager eyes, and Nevitt poured forth strange music as he read, music like the murmur of the stream of Pactolus. It was an inspiring strain; the violin seemed to possess the true Midas touch; gold flowed like water in liquid rills from its catgut. Guy finished, and rose, and dipped a pen in the ink-pot. “All right,” he said low, half hesitating still. “I’ll give you an order to sell out at once, and I’ll fill up this application for three hundred shares—why not three hundred? I may as well go as many as you do. If it’s really such a good thing as you say, why shouldn’t I profit by it? Send this to Klink to-morrow early; strike while the iron’s hot, and get the thing finished.”